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By Dawn Kopecki, Bloomberg |
May 21, 2013
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon won approval from investors to keep his chairman title in preliminary voting ahead of today’s shareholder meeting, according to two people with knowledge of the tallies.
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By The New York Times |
May 3, 2013
Government investigators have found that JPMorgan Chase devised “manipulative schemes” that transformed “money-losing power plants into powerful profit centers.”
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By Phil Flynn |
April 23, 2013
Oil prices fell as the flash HSBC Purchasing Managers' Index for April fell to 50.5 in April from 51.6 the month before as new export orders shrank in China. The long-term natural gas story is getting out.
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By Phil Flynn |
April 11, 2013
While gasoline production fell back a bit from its seasonally high rate, imports to the East and West Coast helped create a big surge in gasoline supply.
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By Phil Flynn |
March 26, 2013
Oil prices as well as other markets are riding the wave of emotions as the markets try to figure out if the Cyprus bailout is a good or bad thing. Bailouts are bullish and the market acted accordingly.
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By Scott Moritz and Robert Fenner, Bloomberg |
March 13, 2013
Samsung Electronics Co. is making its biggest run yet at the iPhone’s U.S. loyalists, unveiling the new Galaxy S4 a few blocks from Apple Inc.’s flagship store in New York and broadcasting the event live in Times Square.
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By Frank Holmes |
March 12, 2013
Since the Dow hit its March 2009 low, many sage market players followed the stimulative monetary and fiscal policies and invested heavily in equities. Only in retrospect can their bold calls be recognized as wise.
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By Tomoko Yamazaki, Bloomberg |
February 19, 2013
Martin E. Zweig, who predicted the 1987 stock market crash and whose newsletters influenced U.S. investors for a quarter century, has died. He was 70.
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By Phil Mattingly |
February 11, 2013
Frustration with New York-based S&P, the nation’s largest ratings firm, Moody’s Corp. and Fitch Ratings has existed almost since the current administration took office.
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By Peter Burrows, Bloomberg |
February 11, 2013
Apple Inc.’s profit margins are falling back to levels not seen since sales took off after the 2007 debut of the iPhone, as competition and lack of breakthrough products pressure the company to lower prices.
