JPMorgan (JPM) Rewards Shareholders with 4.2% Dividend Hike

by Zacks Equity Research Published on March 22,2017

JPMorgan Chase & Co.'s (JPM) board of directors approved a 4.2% hike in the company's quarterly common stock dividend.

• JPM Quick QuoteJPMNegative Net Change
• CMA Quick QuoteCMANegative Net Change
• BAC Quick QuoteBACNegative Net Change

These Sectors Got Crushed in Worst Trading Day of 2017

by Madeleine Johnson Published on March 21,2017

Today marked the worst trading day of 2017 so far, with the financials and materials sectors taking some of the biggest hits as investors anxiously await a key healthcare vote.

• JPM Quick QuoteJPMNegative Net Change
• BAC Quick QuoteBACNegative Net Change

Goldman Sachs (GS) Reduces CEO's Salary by 27% for 2016

by Zacks Equity Research Published on March 21,2017

The Goldman Sachs Group Inc. (GS) slashed its Chief Executive Officer (CEO), Lloyd Blankfein's2016 compensation by 27%, as disclosed in the company's proxy filling on Friday.

• JPM Quick QuoteJPMNegative Net Change
• CMA Quick QuoteCMANegative Net Change

Looking Past the Noise

by Sheraz Mian Published on March 21,2017

It is hard to stay sanguine during days like today, but you have to look past these near-term hiccups to make sustainable long-term gains

• BAC Quick QuoteBACNegative Net Change
• CMA Quick QuoteCMANegative Net Change
• JPM Quick QuoteJPMNegative Net Change

BofA (BAC) Might Shift to Dublin from London Post Brexit

by Zacks Equity Research Published on March 15,2017

According to Nikolaus Naerger, Bank of America Corporation's (BAC) head of corporate banking in Germany, Switzerland and Austria, the banking giant might move to Dublin for its business operations in the European Union (EU) as a result of Brexit.

• JPM Quick QuoteJPMNegative Net Change
• BAC Quick QuoteBACNegative Net Change
• UBS Quick QuoteUBSNo Net Change
• HSBC Quick QuoteHSBCPositive Net Change

Equinix (EQIX) Commences Public & Senior Notes Offerings

by Zacks Equity Research Published on March 09,2017

Equinix Inc. (EQIX) recently commenced a concurrent public offering of $1.9 billion of its common stock and $1.25 billion in principal amount of its senior notes.

• JPM Quick QuoteJPMNegative Net Change
• EQIX Quick QuoteEQIXPositive Net Change

MeetMe (MEET) Q4 Earnings In Line with Estimates, Shares Up

by Zacks Equity Research Published on March 08,2017

MeetMe Inc.'s (MEET) share price advanced 16.17% on Mar 7, after the company reported impressive fourth-quarter 2016 results.

• JPM Quick QuoteJPMNegative Net Change
• ATHM Quick QuoteATHMPositive Net Change
• MEET Quick QuoteMEETPositive Net Change

5 European Stocks to Buy as Trump Rally Weakens

by Swarup Gupta Published on March 07,2017

There is a compelling case for looking beyond the success of U.S. stocks and diversifying into other markets, particularly Europe

• JPM Quick QuoteJPMNegative Net Change
• TEF Quick QuoteTEFPositive Net Change
• HVRRY Quick QuoteHVRRYNegative Net Change

The Zacks Analyst Blog Highlights: JPMorgan, Caterpillar, Broadcom, Mondelez and Becton Dickinson

by Zacks Equity Research Published on March 06,2017

The Zacks Analyst Blog Highlights: JPMorgan, Caterpillar, Broadcom, Mondelez and Becton Dickinson

• JPM Quick QuoteJPMNegative Net Change
• CAT Quick QuoteCATNegative Net Change
• AVGO Quick QuoteAVGOPositive Net Change
• MDLZ Quick QuoteMDLZNegative Net Change

5 Bank Stocks to Buy as Fed Hints at a Rate Hike in March

by Tirthankar Chakraborty Published on March 06,2017

Fed Chair Janet Yellen indicated that a rate hike is in the offing this month with more slated to follow later this year, reflecting renewed strength in the job market and a bump up in inflation.

• JPM Quick QuoteJPMNegative Net Change
• WFC Quick QuoteWFCNegative Net Change

Bank Stock Roundup: Fed Interest Hike Expectation Raise Optimism; JPMorgan, Citi in Focus

by Zacks Equity Research Published on March 03,2017

Over the last five trading days, major banks' rally continued with expectation of another interest rate hike this month.

• JPM Quick QuoteJPMNegative Net Change
• PNC Quick QuotePNCNegative Net Change
• WFC Quick QuoteWFCNegative Net Change

Dow 30 Stock Roundup: Boeing Wins $678M Order from Navy, Exxon Releases Capex Projection for 2017

by Swarup Gupta Published on March 03,2017

The Dow experienced an extraordinary week of gains, riding on the positive sentiment generated by President Trump's first speech before a Joint Congress Session.

• JPM Quick QuoteJPMNegative Net Change

Dow Sails Above 21,000 Level: Buy 4 Mutual Funds

by Zacks Equity Research Published on March 03,2017

Rising hopes of better economic growth are expected to have a positive impact on mutual funds with significant exposure to Dow components.

• JPM Quick QuoteJPMNegative Net Change
• MMM Quick QuoteMMMNegative Net Change
• UTX Quick QuoteUTXPositive Net Change

Citigroup (C) in Discussion for Saudi Arabia Banking License

by Zacks Equity Research Published on March 02,2017

More than a decade after withdrawing its operations from Saudi Arabia, Citigroup Inc. (C) is making efforts to re-enter the region.

• JPM Quick QuoteJPMNegative Net Change
• BAC Quick QuoteBACNegative Net Change

Wells Fargo (WFC) Slashes Bonus for Executives Post Scandal

by Zacks Equity Research Published on March 02,2017

Following Wells Fargo & Company's (WFC) $185-million settlement in Sep 2016 to resolve regulators' claims of illegally opening millions of unauthorized accounts, the U.S. lender plans to cut back 2016 cash bonuses for eight top executives.

• JPM Quick QuoteJPMNegative Net Change
• PNC Quick QuotePNCNegative Net Change
• USB Quick QuoteUSBNegative Net Change

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 QuoteJPMNegative Net Change
• BK Quick QuoteBKNegative Net Change
• STT Quick QuoteSTTNo 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 QuoteJPMNegative Net Change
• PNC Quick QuotePNCNegative Net Change
• USB Quick QuoteUSBNegative 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 QuoteJPMNegative Net Change
• VMC Quick QuoteVMCNegative Net Change
• USCR Quick QuoteUSCRPositive Net Change

by Zacks Equity Research Published on March 01,2017

• GS Quick QuoteGSNegative Net Change
• JPM Quick QuoteJPMNegative Net Change
• AAPL Quick QuoteAAPLNegative 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 QuoteJPMNegative Net Change
• PNC Quick QuotePNCNegative Net Change
• USB Quick QuoteUSBNegative 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 QuoteJPMNegative Net Change
• GS Quick QuoteGSNegative 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 QuoteJPMNegative Net Change
• BA Quick QuoteBAPositive Net Change
• AAPL Quick QuoteAAPLNegative 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 QuoteJPMNegative Net Change
• PNC Quick QuotePNCNegative Net Change
• MTB Quick QuoteMTBNegative Net Change
• FITB Quick QuoteFITBNegative 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 QuoteJPMNegative Net Change
• PNC Quick QuotePNCNegative Net Change
• WFC Quick QuoteWFCNegative 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 QuoteJPMNegative Net Change