Articles by JPMorgan Chase
Australian Stock Market Report – Midday January 15, 2015
January 15 2015 2:14 PM
Australian shares are sliding for the fourth day despite the creation of seven times more jobs than expected in December. The ASX 200 Index is down 0.6 per cent following falls in US markets overnight and weaker base metal prices.
Bank Loans For Australian Businesses At All Time High
January 15 2015 12:15 PM
The strategy revived business confidence unlike other economies that are still struggling with recessionary trends.
CEO Salaries In Major American Companies Higher Than Taxes Paid To Government, Says Study
November 21 2014 11:20 AM
The salaries of CEOs in major American companies are more than what the firms pay to the Federal government by way of corporate taxes.
Consumer Alert: Sears Canada, JPMorgan Credit Card End Partnership In 2015
November 18 2014 2:42 PM
The credit card partnership between Sears Canada Inc. and U.S. bank JPMorgan Chase will no longer exist after November 15, 2015.
Alibaba Sells Extra Shares; IPO Raises $25B, Breaks Global Record
September 23 2014 8:31 AM
A Chinese e-commerce giant broke the 2010 IPO record set by another Sino firm, the Agricultural Bank of China, when it raised $22.1 billion capital via the share launch. On Monday, Alibaba Holdings Group (NYSE: BABA) raised $25 billion after underwriters sold 48 million more shares.
Companies Push Back IPO Plans Due to Mega Alibaba Share Launch
August 21 2014 2:30 PM
Due to the sheer size of the initial public offering (IPO) of Chinese e-commerce giant Alibaba Group Holding (BABA) in New York in September, other companies planning public listing had postponed their launches.
Apple Inc. Pays $23.9 to Underwriters at Goldman Sachs, Deutsche Bank, etc
May 01 2014 2:50 PM
Apple Inc. paid a total of $23.9 million in fees to underwriters from Goldman Sachs Group Inc. and Deutsche Bank AG (DBK)
Australian Regulator Joins Global Probe of Forex Rates Rigging as Serious as 2012 Libor Rate Scandal
March 20 2014 10:00 AM
The Australian Securities and Investment Commission (ASIC) is taking part in a global international investigation into foreign exchange rate riggings said to be as serious as the 2012 Libor rate scandal.
Westpac Chief Economist Forecasts Reserve Bank of Australia Will Increase Overnight Cash Rate in Q3 2015
March 18 2014 9:48 AM
The Reserve Bank of Australia (RBA) would not likely follow the footstep of neighbour's Reserve Bank of New Zealand which last week its overnight cash rate by 25 basis points to 2.75 per cent.
ANZ Bank Opens 50-Tonne Gold Vault in Singapore
August 02 2013 1:19 PM
Reflecting its bullish outlook towards the yellow metal, ANZ Bank opened on Friday its second gold bullion vault in Asia at the Singapore FreePort. The facility, capable of storing 50 metric tonnes of gold, actually started operating in Singapore in July.
Samsung Galaxy S4 Sales Plunged! Will this Affect Galaxy S3 Official Android 4.2.2 Firmware Update?
July 02 2013 10:28 AM
Samsung Electronics lost a market capitalization value of $25.3 billion in May which is more than the value of Sony Corporation due to the failure of Galaxy S4 to meet expectations. Will this delay the Android 4.2.2 update for the Galaxy S3?
Weak S4 Sales: Is Samsung Going the Way of Apple, BlackBerry, Nokia, Motorola?
July 02 2013 8:43 AM
Due to consumers' perception that the Galaxy S4 is not much different from previous smartphones released by the South Korean tech giant, Samsung sales are on a downward trend.
Revolution at JPMorgan as It Looses Co-COO Bisignano
April 30 2013 9:29 AM
J.P. Morgan Chase & Co. the financial behemoth, which employees 258,965 people and is considered the largest US Bank with operations across the globe, announced the departure of its Co-Chief Operating Officer Frank Bisignano on the 28th April 2013.
Australian Dollar Outlook – 4-12-13
April 12 2013 10:47 AM
The Australian Dollar hit highs overnight that we have not seen since January after recovering from the 1.0500 level after a poorer than forecast March jobs number yesterday morning.
Apple, Facebook Lead Yahoo Finance’s List of 5 Most Searched Stocks for Q1 2013
April 02 2013 11:28 AM
Four of the top 5 most viewed stocks in Yahoo Finance are tech companies. They are Apple, Facebook, MagicJack VocalTee and Nokia. The only non-tech is Bank of America.
Top 8 Free Banking, Finance Apps for Android, iOS
January 09 2013 10:54 AM
Business apps are almost free to download from Google Play and Apple iTunes which helps users for their needs on inventory, transactions, web conferencing, and even traveling using the latest technology on their mobile devices.
Billabong Opens Financial Books to New Takeover Suitor Group Led by Naude, Sycamore Partners
December 24 2012 1:40 PM
Beleaguered Australian retailer Billabong International Ltd. has opened its financial books to a new takeover suitor group led by former Billabong director and president of its American business, Paul Naude, and his backers, Sycamore Partners Management and Bank of America Merrill Lynch. The consortium offered a takeover approach of $1.10 cash per Billabong share or roughly $526.8 million.
Japan Carmakers to Halve China Production amid Territorial Dispute
October 09 2012 3:00 PM
Japan's top three carmakers, Toyota Motor Corp., Nissan Motor Co. and Honda Motor Co., decided to cut production in China by roughly half as a territorial dispute between Chinese and Japanese governments continues. Due to the territorial dispute Japan's carmakers have noted a decrease in sales in the world's largest auto market.
Caterpillar Dims Earnings Forecast Thru 2015
September 25 2012 5:07 PM
Caterpillar Inc. (CAT) has been forced to slash its 2015 earnings forecast as commodity miners and producers equally reduced budget allocations for project developments as a result of the debilitating global fiscal crisis dragging commodity prices down.
Australian Stock Market Report – Midday 7/16/2012
July 16 2012 1:00 PM
On Friday we saw most global share markets rallying higher after the Chinese economic data was not as bad as investors had feared. European and US markets helped by the news out of China reinvigorating commodity prices and better than expected numbers from Key US banks. JPMorgan Chase beat the street with is quarterly results despite the firm increasing the cost of its one off trading loss that has now cost US$5.8 billion and set to climb. California's largest bank Wells Fargo also thrilled t...