July 29- JPMorgan Chase& Co, the biggest U.S. bank by assets, is slashing its technology support workforce in corporate and investment banking division following a revenue dip, Bloomberg News reported, citing people familiar with the matter. Offices affected include New York, Tampa, Chicago and Dubai, according to the report.» Read More
This may not be the best time to look for a job, but in China employment prospects seem bright with multinational corporations (MNCs) looking to increase staff even as the global economic uncertainty forces firms across Asia to hold back, says a survey published Tuesday.
Earnings season continues with Google beating, Microsoft topping and Chipotle missing. Kayak prices its IPO above expectations at $26 and new Yahoo CEO Marissa Mayer will be well compensated.
Morgan Stanley’s big second-quarter earnings miss is a result of abysmal trading results and not a botched initial public offering of Facebook shares.
The FMHR traders have the play in financials, on the heels of Morgan Stanley's earnings miss, with Doug Sipkin, Susquehanna analyst. Also, the trade on the spike in tech stocks.
Jeffery Harte, Sandler O'Neill principal, sorts through Morgan Stanley's second quarter earnings miss and why his company maintains a "buy" rating on the stock and a price target of $22 per share within the next 12 months.
Earnings season heats up as Intel and Yahoo beat expectations; Hank Greenberg gets a legal victory and the FDA approves Vivus anti-obesity pill.
Jacob Frenkel, Shulman Rogers partner, weighs in on the legal implications of JPMorgan's huge trading losses, and its impact on top executives.
CNBC's Scott Cohn reports the brokerage firm is planning to file for bankruptcy on the heels of the firm's collapse. Gary Kaminsky, Capital Markets editor, shares his thoughts on the growing scandal.
CNBC's Gary Kaminsky shares his thoughts on JPMorgan's trading losses; Jamie Dimon's reputation; and what to expect from earnings when big banks report next week, with Jason Goldberg, Barclays analyst.
CNBC's Mary Thompson reports the latest details on JPMorgan reclaiming pay from former executives responsible for the company's trading blunder, and discussing how the losses will impact the stock, with Gerard Cassidy, RBC Capital Markets.
Jacob Zamansky, Zamansky & Associates partner, discusses the legal implications for JPMorgan, on the heels of its "whale" trading losses.
"The quarter itself was better than many analyst who follow this company, anticipated," says CNBC's David Faber breaking down the second quarter numbers on the banking giant, despite its $4.4 billion dollar trading loss.
Italy gets a downgrade; videogame sales continue to plummet; Ackmans sets sights on P&G; Lexmark revises outlook and Google’s Larry Page is back in the office.
Bob Maurer, Manduca Trading, provides a broker's perspective on the PFGBest collapse, with CNBC's Rick Santelli.
"We like JPMorgan going into this quarter," says Betsy Graseck, Morgan Stanley, discussing what to expect from JPM's quarterly numbers and conference call later this morning.
CNBC's Bertha Coombs has the latest details on PFGBest's Chapter 7 bankruptcy filing, one day after regulators alleged the firm misstated more than $200 million in customer accounts.
A drought in the IPO market has more Asian firms looking into alternative ways to raise capital, with many tapping private equity and debt markets.
A promising start but disappointing end to the trading day, Fitch reaffirms Rating on the U.S., as share price climbs traders are turning to options to trade stocks like Apple, Apple removes its green certification, Yoga instructor fired for enforcing cell phone ban at Facebook.
A survey by Nielsen shows Asian consumers are more likely to stay invested during this period of volatile markets. What’s more — they are also more likely to put their cash in high-risk assets than their peers in Europe and the U.S.
Another tough Monday for the markets but Alcoa starts earnings season on a positive note; USDA reports the drought is getting worse; Denny’s is heading to China and the 2012 Kentucky Derby winner is heading to Japan.