State Street to Shrink Operations in London & Hong Kong

by Zacks Equity Research Published on March 02,2017

Per a Reuters report, State Street Corporation (STT) has decided to shut its transition management operations in London and Hong Kong, with a goal to streamline its operations and improve efficiency.

• JPM Quick QuoteJPMPositive Net Change
• BK Quick QuoteBKPositive Net Change
• STT Quick QuoteSTTNegative Net Change

What Lies Ahead for JPMorgan (JPM) Amid Improving Economy?

by Zacks Equity Research Published on March 01,2017

At annual Investors Day conference, JPMorgan's (JPM) management discussed the current macroeconomic backdrop and the path the company is taking to enhance profitability over the medium term.

• JPM Quick QuoteJPMPositive Net Change
• PNC Quick QuotePNCPositive Net Change
• USB Quick QuoteUSBPositive Net Change

Trump's Trillion Dollar Infrastructure Plan Sends These Stocks Soaring

by Madeleine Johnson Published on March 01,2017

On Tuesday night, President Donald Trump gave his first address to a joint session of Congress, and during the speech, the president called on Congress to approve a $1 trillion infrastructure bill to create "a new program of national rebuilding."

• JPM Quick QuoteJPMPositive Net Change
• VMC Quick QuoteVMCNegative Net Change
• USCR Quick QuoteUSCRPositive Net Change

by Zacks Equity Research Published on March 01,2017

• GS Quick QuoteGSPositive Net Change
• JPM Quick QuoteJPMPositive Net Change
• AAPL Quick QuoteAAPLPositive Net Change

5 Reasons to Add U.S. Bancorp Stock to Your Portfolio Now

by Zacks Equity Research Published on March 01,2017

We bring to you U.S. Bancorp (USB), whose diverse revenue streams, solid business model, core franchise and a robust balance sheet make it a good investment option now.

• JPM Quick QuoteJPMPositive Net Change
• PNC Quick QuotePNCPositive Net Change
• USB Quick QuoteUSBPositive Net Change

Dow Jones Hits 12th Session of Record High: ETFs in Focus

by Zacks Equity Research Published on February 28,2017

We have highlighted three ETFs, which are either tracking the DOW or are heavily invested in the DOW component winners.

• JPM Quick QuoteJPMPositive Net Change
• GS Quick QuoteGSPositive Net Change
• DIA Quick QuoteDIANegative Net Change

Dow CEOs Make Millions: 2 Financial Blue Chips to Buy

by Tirthankar Chakraborty Published on February 28,2017

CEOs of Dow companies have made a fortune, especially financial behemoths, banking on Trump's promise to relax financial regulations.

• JPM Quick QuoteJPMPositive Net Change
• BA Quick QuoteBAPositive Net Change
• AAPL Quick QuoteAAPLPositive Net Change

Fifth Third Expands Insurance Division, To Buy R.G. McGraw

by Zacks Equity Research Published on February 28,2017

In sync with its plan to expand insurance business, Fifth Third Insurance Agency Inc., an indirect, wholly owned subsidiary of Fifth Third Bancorp (FITB) announced a deal to acquire R.G. McGraw Insurance Agency Inc. The transaction is anticipated to close early next month. Notably, the financial terms of the deal were not disclosed.

• JPM Quick QuoteJPMPositive Net Change
• PNC Quick QuotePNCPositive Net Change
• MTB Quick QuoteMTBPositive Net Change
• FITB Quick QuoteFITBPositive Net Change

Bank Stock Roundup: Growing Optimism for March Rate Hike; BofA, Citi in Focus

by Zacks Equity Research Published on February 24,2017

Over the last four trading days, performance of the banking stocks reflected optimism.

• JPM Quick QuoteJPMPositive Net Change
• PNC Quick QuotePNCPositive Net Change
• WFC Quick QuoteWFCPositive Net Change

Will Morgan Stanley's Plan to Move 300 U.K Jobs Materialize?

by Zacks Equity Research Published on February 24,2017

Morgan Stanley (MS), which currently employs nearly 6,000 people in the United Kingdom, is contemplating moving around 300 jobs initially out of London, post Britain's exit from the European Union.

• JPM Quick QuoteJPMPositive Net Change

Citigroup (C) May Shift EU Operating Center to Frankfurt

by Zacks Equity Research Published on February 24,2017

Earlier this week, Citigroup Inc. (C) said that it may move to Frankfurt for its sales and trading in the European Union as a result of Brexit, ending ongoing rumors. The company is expected to finalize its choice by the first half of 2017.

• JPM Quick QuoteJPMPositive Net Change
• UBS Quick QuoteUBSNegative Net Change
• HSBC Quick QuoteHSBCNegative Net Change

Popeyes and Burger King: The New Fast-Food Superpower?

by Benjamin Rains Published on February 22,2017

Restaurant Brands International Inc. (QSR) announced its $1.8 billion acquisition of Popeyes Louisiana Kitchen Inc. (PLKI) yesterday, and it helped the fried chicken giant's stock sizzle upward 19% to $78.77 per share. RBI stock rose 7% Tuesday to $57.50 per share

• JPM Quick QuoteJPMPositive Net Change
• WFC Quick QuoteWFCPositive Net Change
• YUM Quick QuoteYUMNegative Net Change

The Zacks Analyst Blog Highlights: Goldman Sachs Group, JPMorgan Chase, American Express and Visa

by Zacks Equity Research Published on February 22,2017

The Zacks Analyst Blog Highlights: Goldman Sachs Group, JPMorgan Chase, American Express and Visa

• GS Quick QuoteGSPositive Net Change
• JPM Quick QuoteJPMPositive Net Change
• AXP Quick QuoteAXPPositive Net Change

Northern Trust (NTRS) to Buy UBS Fund Servicing Divisions

by Zacks Equity Research Published on February 22,2017

Northern Trust (NTRS) entered into a deal with UBS AG to acquire UBS Asset Management's fund administration servicing units in Luxembourg and Switzerland.

• JPM Quick QuoteJPMPositive Net Change
• MTB Quick QuoteMTBPositive Net Change
• UBS Quick QuoteUBSNegative Net Change
• NTRS Quick QuoteNTRSNegative Net Change

Popeyes Spikes 19% After $1.8 Billion Acquisition Deal with Burger King Owner

by Joseph Lu Published on February 21,2017

Restaurant Brands International Inc. (QSR), owner of Burger King and Tim Hortons, has reached a deal with Popeyes Louisiana Kitchen Inc. (PLKI) to acquire the fried chicken chain for $1.8 billion.

• JPM Quick QuoteJPMPositive Net Change
• WFC Quick QuoteWFCPositive Net Change
• QSR Quick QuoteQSRNegative Net Change
• PLKI Quick QuotePLKIPositive Net Change

4 Blue Chip Stocks to Ride the Stellar Dow Jones Rally

by Tirthankar Chakraborty Published on February 21,2017

The euphoria surrounding Trump's proposed market-friendly policies helped the Dow eke out gains to register its record-setting winning streak to a seventh session

• JPM Quick QuoteJPMPositive Net Change
• GS Quick QuoteGSPositive Net Change
• AXP Quick QuoteAXPPositive Net Change

What Led to a 25% Pay Rise for Bank of America (BAC) CEO?

by Zacks Equity Research Published on February 21,2017

Bank of America Corporation's (BAC) Chief Executive Officer, Brian T. Moynihan has been awarded with an annual salary of $20 million for his performance in 2016.

• JPM Quick QuoteJPMPositive Net Change
• BAC Quick QuoteBACPositive Net Change

Wells Fargo (WFC) January Account Opening Plunges 31% Y/Y

by Zacks Equity Research Published on February 21,2017

Amid troubled times for Wells Fargo & Company (WFC), following its $185-million settlement to resolve regulators' claims of illegally opening millions of unauthorized accounts, the U.S. lender reports retail banking customer activity for Jan 2017.

• JPM Quick QuoteJPMPositive Net Change
• FITB Quick QuoteFITBPositive Net Change
• WFC Quick QuoteWFCPositive Net Change

Is Citigroup (C) CEO's Pay Cut a Result of Tepid Earnings?

by Zacks Equity Research Published on February 21,2017

Citigroup Inc.'s (C) Chief Executive Officer (CEO), Michael Corbat received about 6.1% pay cut in his total compensation package.

• JPM Quick QuoteJPMPositive Net Change
• BAC Quick QuoteBACPositive Net Change

Why Is JPMorgan (JPM) Up 7.9% Since the Last Earnings Report?

by Zacks Equity Research Published on February 16,2017

JPMorgan (JPM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

• JPM Quick QuoteJPMPositive Net Change

Fortress (FIG) to be Acquired by SoftBank for $3.3 Billion

by Zacks Equity Research Published on February 16,2017

Earlier this week, a cash deal was announced under which New York-based asset manager, Fortress Investment Group LLC (FIG) will be taken over by Japan-based SoftBank Group Corp. for about $3.3 billion.

• JPM Quick QuoteJPMPositive Net Change
• MS Quick QuoteMSPositive Net Change

Yellen Increases Odds of March Rate Hike: 5 Top Winners

by Tirthankar Chakraborty Published on February 15,2017

Yellen's first day testifying before the Congress solidified views that the Fed has adopted a more hawkish stance and an interest rate hike in March remains on the table.

• JPM Quick QuoteJPMPositive Net Change
• WFC Quick QuoteWFCPositive Net Change

Bear of the Day: Twitter (TWTR)

by Kevin Cook Published on February 15,2017

Sales fall, losses mount, and competition rises but CEO Jack Dorsey just loaded up on more shares anyway

• TWTR Quick QuoteTWTRPositive Net Change
• JPM Quick QuoteJPMPositive Net Change

5 Stocks to Buy as Trump Chalks Out 'Phenomenal' Tax Plan

by Tirthankar Chakraborty Published on February 13,2017

Domestic companies, mostly referred to as small caps are well positioned to disproportionately benefit from a reduction in tax rates.

• JPM Quick QuoteJPMPositive Net Change
• BRKS Quick QuoteBRKSPositive Net Change
• MOFG Quick QuoteMOFGPositive Net Change
• MNTA Quick QuoteMNTAPositive Net Change

Is the Rally Sustainable?

by Sheraz Mian Published on February 13,2017

With the major indexes already at record levels, is there room for further upside?

• JPM Quick QuoteJPMPositive Net Change
• CMA Quick QuoteCMAPositive Net Change
• AAPL Quick QuoteAAPLPositive Net Change