By Black Coral Research : Considering the year it's had so far, Bank of America ( BAC ) should count itself lucky. Even after missing earnings by more than half in its March quarter, the banking giant finds its stock up by close to 16% on the year - within striking distance of the performance of ...
By Dividends Paid : In 2007 the financial sector was responsible for $51 billion in dividend payments to shareholders. By 2010, that amount had decreased to just $19 billion. The mortgage crisis forced many banks to cut or even suspend dividend payments. Returning the clock to present day, it is ...
By William Smead : Due to the recent strength in the US stock market, we thought it would be helpful to followers to understand the history of our core investment beliefs and where our portfolio is in relation to those core beliefs. A review of the ongoing tension between valuation mattering dearly
due, as usual, at 2:00 p.m. A Dimon by any other name... A bid to strip Jamie Dimon of his chairmanship at JPMorgan ( JPM ) failed Tuesday when "only" one in three shareholders voted for a proposal to split the dual role of chairman and CEO. It appears
JPMorgan Chase & Co ( JPM ) 2013 Annual Shareholders Meeting May 21, 2013 10:00 AM ET Executives Jamie Dimon - Chairman and CEO Steve Cutler - General
Hickey and Walters ( Bespoke ) submit: After falling 84% from high to low during the financial crisis, the S&P 500 financial sector is now up 231% from its low back in 2009. As shown in the long-term chart below, the sector has really charged higher this year, breaking out of a multi-year sideways
By Felix Salmon : Originally published on 5/17/13 Jamie Dimon is wagging his finger from newstands across America this week, above the kind of headline his PR team can only dream of: “DIMON IS FOREVER: Why Jamie Dimon is Wall Street’s Indispensable Man”. The story itself , by Nick Summers and Max
Wall Street Breakfast Editors submit: Top Stories Senate says Apple used Irish subsidiaries to avoid taxes. A Senate report purports to show Apple ( AAPL ) used three Irish subsidiaries that have no tax residency in either Ireland or the U.S. to avoid paying taxes on some $74B in profits from ...
Competing articles on the JPMorgan ( JPM ) vote: The WSJ reports analysts saying the vote to split the Chairman CEO roles is too close to call, but Marketwatch has analysts
sector captures the wide range of P/B ratios and their meanings so well as the banks do. While banking giants Bank of America ( BAC ) and Citigroup ( C ) trade at considerable discounts to their book value, JPMorgan’s ( JPM ) Complete Story »