J.p. Morgan Chase & Co. (JPM) -0.19

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Last Trade:43.45Short Ratio:0.50
Last Trade Time:4:01pmDay Range:43.13 - 43.89
Ask:Year Range:23.15 - 47.47
Bid:One Year Target:52.76
Open:43.72Exchange:NYSE
Volume:37014304EBITDA:0
Prev. Close:43.64Market Cap:172.6B
50 Day Moving:40.955Div Yield:0.46
200 day moving:42.5618PE:19.29

Novell Rejects Takeover Bid (NOVL, JPM)

Business software company, Novell Inc. (NASDAQ: NOVL), has rejected an unsolicited takeover bid. The takeover bid worth $2 billion was put forward by hedge fund Elliott Associates. The software firm said that the offer “undervalues the company’s franchise and growth prospects.” Elliott associates had offered $5.75 per share on March 2.
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Regulators Failed During The Financial Crisis Due To Complacency; Alan Greenspan (JPM)

Bloomberg reports that Alan Greenspan, former chairman of the Federal Reserve, said the central bank and regulators in the U.S. “failed” during the financial crisis. Greenspan believes that complacency about risks was the main reason for the failure of the central bank and regulators.
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JPMorgan Raises Its Estimates For Intel (INTC, JPM)

JPMorgan Securities (NYSE: JPM) has raised its estimates for Intel (NASDAQ: INTC). In a recently released report, the research firm stated that the demand for semiconductors is likely to remain above-average. The firm raised its revenue estimate for calendar year 2010.

JPMorgan Juggled Accounting Too (JPM)

Lehman Brothers is not the only firm which manipulated accounting rules. JPMorgan (NYSE: JPM) is also guilty of disguising its repurchase trades as sales. However, JPMorgan (JPM) detailed the values of these assets in its balance sheet. The company ended this accounting treatment in 2005.

Stocks Take A Hit Due To Concerns Over Greece (MMM, PFE, AXP, BAC, JPM)

U.S. stocks saw a decline in trading on Friday as concerns over Greece resurfaced.

Goldman Analysts Lower Profit Forecasts For Capital-Market Firms (GS)

3/19/2010- Goldman Sachs (NYSE: GS) analysts lowered their profit forecasts for JP Morgan (NYSE: JPM), Bank of America (NYSE: BAC), Morgan Stanley (NYSE: MS), Jefferies Group (NYSE:

Market Update – Boeing (NYSE:BA), Citigroup (NYSE:C), Palm (NASDAQ:PALM), Wells Fargo (NYSE:WFC)

The concerns over the Greece debt situation are having an effect on the Euro’s trading price.  The EU’s currency is having its worst week since January of this year.  Investors have reacted conservatively after news that the Balkan state seems likely to seek a bailout from either the Eurozone or the International Monetary Fund, or both.  The US Dollar is trading higher against the Euro this mor

Market Update – Boeing (NYSE:BA), Citigroup (NYSE:C), Palm (NASDAQ:PALM), Wells Fargo (NYSE:WFC)

The concerns over the Greece debt situation are having an effect on the Euro’s trading price.  The EU’s currency is having its worst week since January of this year.  Investors have reacted conservatively after news that the Balkan state seems likely to seek a bailout from either the Eurozone or the International Monetary Fund, or both.  The US Dollar is trading higher against the Euro this mor

JP Morgan Raised 2010, 2011 Profit Outlooks for Major Railroads (JPM)

3/19/2010- JP Morgan (NYSE: JPM) analysts raised their 2010 and 2011 profit outlooks for major railroad in the United States and Canada on better volume trends.

Stock Market News for March 19, 2010 - Market News

Even as data suggested the economy is improving at a slow but gradual pace, investors were reluctant to buy stocks as potential policy changes and fresh signs of trouble in Greece kept sentiments jittery.  However, the Dow average rose for an eighth straight day, its longest winning run since August 2009.