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Boston, MA, 04/11/2014  (usastockreport) – JPMorgan Chase & Co. (NYSE:JPM), the largest bank of the nation, is set to report its first quarter earnings of the year before the opening market bell on Friday, April 11. The market is expecting JPMorgan Chase earnings to fall by 11.2%. It will have an impact on the earnings per share. Also, the revenue is expected...

Boston, MA, 04/09/2014 (usastockreports) – JPMorgan Chase & Co. (NYSE:JPM) teams up with UK Government’s DFID and CDC for a joint investment in Novastar Ventures amounting to $20 Million. They will work to promote the businesses in East Africa. In order to pursue the objective of spreading the businesses in East Africa, they have decided to come together for...

Boston, MA, 04/02/2014  (usastockreports) – JPMorgan Chase & Co. (NYSE:JPM) could be facing a heavy lawsuit from its shareholders after being charged with providing misleading information of the bank’s ability to manage risk arising out of the London Whale scandal, where the bank lost USD 6.2 billion. Justice George Daniels, Manhattan District Judge ruled...

Boston, MA, 03/31/2014  (usastockreports)- Federal Reserve’s annual Dodd-Frank stress test is a big event in the US banking industry. Stress test for a banking institution gives out the scenario of how bank will perform under various stressed economic conditions. Under the adverse economic conditions if a bank will have sufficient capital to absorb the losses and perform...

Northern, WI 03/24/2014 (usastockreport) – JPMorgan Chase & Co. (NYSE:JPM)  today announced that it has reached an arrangement with Mercuria Energy Group Ltd. a Swiss privately held international commodity trading company to sell its physical commodities business for $3.5 billion. The talks which started in February will be supposed to be close by the end of...

Boston, MA, 02/21/2014 – In a continuous endeavor to encourage inclination of girls towards Engineering and Science subjects, Exxon Mobil Corporation (NYSE:XOM) will offer “Introduce a Girl to Engineering” through its Exxon Mobil Foundation at its sites across U.S. This will be the company’s 11th sequential initiative in a row, wherein, over 450...

Northern, WI 08/27/2013 (usastockreport) – Since JPMorgan Chase & Co. (NYSE:JPM) had lost around $6 billion through its trading on derivatives in the year 2012, the company had constantly been put under scrutiny by the regulators. This major scandal was named as the London Whale and it had engulfed the firm completely with heavy criticism from the analysts and...

Northern, WI 06/21/2013 (usastockreport) – The share prices of JPMorgan Chase & Co. (NYSE:JPM) had surged by 2.00 percent to close at $52.48 per share for the end of last trading session on Thursday. The shares of the company had been trading in the range of $52.27 to $53.18 per during the day, which had pushed the company to hit new peaks. The shares of JPMorgan...

Northern, WI 04/16/2013 (usastockreport) – A judge has ruled that the bond insurer, Assured Guaranty Municipal Corp. cannot proceed with the lawsuit that it has filed against JPMorgan Chase & Co (NYSE:JPM) (Closed: $47.93, down by 2.20%) as it would be an interference with the reorganization of Alabama’s Jefferson county which is the United States’ largest...

Northern, WI 04/13/2013 (usastockreport) – Last year JPMorgan Chase & Co (NYSE:JPM) (Closed: $49.01, Down by 0.61%) had adopted a formula that had understated risks and resultantly incurred losses in excess of $6.2 million. The company has now moved onto a new model. Adopting its fourth such model since January 2012, JP Morgan has said that it seeks to judge...