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JPMorgan Chase and Co

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  • Oct 23- Several U.S. airlines reported strong third-quarter profits on Thursday, helped by falling fuel costs, with many topping Wall Street's earnings per share estimates. The exception was United Airlines which fell 1.4 percent after it projected unit revenue for the current quarter below Wall Street's expectations. However, the Chicago- based carrier as...

  • Early Glance: Banks companies Thursday, 23 Oct 2014 | 11:56 AM ET

    Bank of America Corp. rose$. 17 or 1.0 percent, to $16.57. Citigroup Inc. rose$. 68 or 1.3 percent, to $51.38. Goldman Sachs rose $2.53 or 1.4 percent, to $179.36.

  • Bond funds add Treasurys in prep for market shock Thursday, 23 Oct 2014 | 10:01 AM ET
    Traders work on the floor of the New York Stock Exchange (NYSE) .

    US corporate bond funds are adding Treasurys at more than twice the rate of corporate debt amid global slowdown concerns.

  • 'Massive' switch to new credit cards ahead Thursday, 23 Oct 2014 | 10:00 AM ET

    Bank customers can expect a flurry of thick mail as credit companies rush to get chip cards into their hands ahead of the holiday season.

  • *ECB bank test results due to be made public at 1100 GMT Sunday. LONDON/ FRANKFURT, Oct 23- The euro zone's 130 biggest banks received the European Central Bank's final verdict on their finances on Thursday after a review aimed at drawing a line under persistent doubts about the health of the region's banking sector. They will not be made public until 1100 GMT on...

  • Years after market collapse, borrowers return Thursday, 23 Oct 2014 | 8:46 AM ET

    Four years since foreclosures during the Great Recession, former borrowers are returning to the mortgage market, reports the New York Times.

  • *Mixed morning in Europe after Asia shares slide. LONDON, Oct 23- European and Asian stock markets ground lower on Thursday, worries over banks and corporate results again darkening the mood despite a surprisingly upbeat survey of Germany's manufacturing and service sectors. French tire maker Michelin and Unilever cited poor demand from emerging markets in...

  • *ECB bank test results due at 1100 GMT Sunday. LONDON/ FRANKFURT, Oct 23- At around noon on Thursday, the euro zone's 130 biggest banks will receive the European Central Bank's final verdict on their finances after a review aimed at drawing a line under persistent doubts about the health of the region's banking sector. They will not be made public until 1100 GMT on...

  • GLOBAL MARKETS-German survey props up European shares Thursday, 23 Oct 2014 | 4:59 AM ET

    *Mixed morning in Europe after Asia shares slide. LONDON, Oct 23- Stock markets in Europe recovered from a poor start on Thursday after a batch of more optimistic than expected surveys of German and euro zone purchasing managers leavened an otherwise shaky mood. Concerns over growth, banks and a beckoning era of deflation in Europe were at the heart of a stock...

  • BOSTON, Oct 21- U.S. corporate bond funds this year are adding Treasuries to their holdings at more than twice the rate of corporate debt amid concern that the struggling European economy and potential changes in Federal Reserve policy will drag down profits at U.S. corporations. Through September, corporate bond portfolios boosted their holdings of U.S....

  • Final Glance: Banks companies Wednesday, 22 Oct 2014 | 6:09 PM ET

    Bank of America Corp. fell$. 20 or 1.2 percent, to $16.40. Citigroup Inc. fell$. 57 or 1.1 percent, to $50.70. Goldman Sachs fell $3.35 or 1.9 percent, to $176.83.

  • Oct 22- JPMorgan Chase& Co executives in New York were aware of potential problems tied to its recruitment practices in China well before U.S. regulators launched a probe into the issue, the Wall Street Journal reported, citing sources and documents it reviewed. The U.S. Securities and Exchange Commission is examining the extent to which JPMorgan executives at...

  • Oct 22- Abbott Laboratories and Mylan Inc said on Wednesday they would go ahead with their $5.3 billion deal in which Mylan will buy part of Abbott's overseas generics business and set up headquarters in the Netherlands, but they tweaked the terms of the transaction. Treasury on Sept. 22 made changes to the corporate tax rules that govern such "inversion" merger...

  • Midday Glance: Banks companies Wednesday, 22 Oct 2014 | 1:18 PM ET

    Bank of America Corp. fell$. 03 or. 2 percent, to $16.58. Citigroup Inc. rose$. 06 or. 1 percent, to $51.33. JPMorgan Chase rose$. 12 or. 2 percent, to $58.05.

  • Larry Fink: Wall Street needs to help society Wednesday, 22 Oct 2014 | 11:03 AM ET
    Larry Fink, CEO of BlackRock Investments.

    Big name investors like Dan Loeb and David Einhorn helped raise $6 million to fight poverty at a charity event in New York City.

  • Early Glance: Banks companies Wednesday, 22 Oct 2014 | 10:36 AM ET

    Bank of America Corp. rose$. 07 or. 4 percent, to $16.67. Citigroup Inc. rose$. 37 or. 7 percent, to $51.64. Goldman Sachs fell $1.15 or. 6 percent, to $179.03.

  • UPDATE 1-General Dynamics beats on earnings, revenue Wednesday, 22 Oct 2014 | 8:40 AM ET

    Oct 22- General Dynamics Corp on Wednesday reported higher-than-expected earnings and revenue for the third quarter, and the maker of ships, tanks and business jets cited a significant rise in its backlog. Net earnings rose 6.4 percent to $694 million, or $2.05 per share, from $652 million, or $1.84 per share, a year earlier. General Dynamics Chief Executive...

  • Oct 22- U.S. weapons maker Northrop Grumman Corp on Wednesday reported a higher-than-expected profit for the third quarter and raised its earnings outlook for the full year. Northrop, which makes unmanned planes and electronic equipment, posted a 5 percent drop in net earnings to $473 million, or $2.26 per share, from $497 million, or $2.14 a share, a year earlier,...

  • Shares of Ares Management LP, the alternative asset manager that went public in May, closed on Tuesday about 12 percent below their IPO price of $19. Ares Management runs Ares Capital Corp and was the first U.S. private equity firm to go public in about two years. Morgan Stanley, J.P. Morgan and Goldman Sachs were among the lead underwriters for Fifth Street's IPO.

  • Australia inflation cools, allows RBA to hold rates Tuesday, 21 Oct 2014 | 10:51 PM ET

    Australia's consumer prices cooled in the third quarter, giving the central bank room to hold interest rates low for longer.