All Posts Tagged Tag: ‘JP Morgan’

Mortgage Rates Decline; Rises Loom in Future

As the spring season rolls in and the winter doldrums roll out, people are finally exiting their homes and exploring the world once again. Luckily for those recovering from an intense winter hibernation, the economy shows positive signs for the first quarter. Job growth increased by 192,000 for the month of March, and unemployment remained at 6.7 percent. More important …

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Chase Debit Cards Limits Customers’ Cash

With the recent breach of security involving nearly 40 million shoppers at Target being exposed to cyber thieves and malware resulting in the criminals gaining access to credit/debit card information, Chase Bank has limited customer’s spending ability. Putting a cap on the amount of money that you can spend at Christmas is a naughty thing to do to customers. From …

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JP Morgan Lawsuit Ends with $13 Billion Settlement

In 2008, the United States witnessed its worst financial catastrophe since the Great Depression. The collapse of the economy here in the United States not only led to housing market woes and consumer losses in the stock market, but also to the fall of several large financial institutions, the bailout of national banks, and even a downturn in European markets. …

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Jamie Dimon Steps Down as JP Morgan Chairman

Jamie Dimon has stepped down from his position as chairman with JP Morgan the countries largest banking institution. His actions have resulted in an investigation with the federal government and a settlement that lead to a painful loss for JP Morgan. This loss is the first one publicized or admitted to under Dimon’s watch throughout  his 10 years as chairman. …

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Facebook Blames Nasdaq and Wants to Consolidate IPO Investor Lawsuits

The one month anniversary of Facebook’s much anticipated initial public offering is close at hand, and the social networking giant has yet to address investor concern or the countless lawsuits which have been filed against the Nasdaq, Mark Zuckerberg, or even Facebook itself. According to what an inside source told the New York Times, Facebook intends to file a motion …

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Facebook Stock Dips Below $30 Today

I’m sure the experts are happy to see Facebook shares dip to the $30 range today. In fact, shares hit an all time low of $29.57 earlier this afternoon, signifying that demand isn’t anywhere near what Facebook and its underwriters were hoping for at the time of the IPO’s launch. If you recall, Facebook had a very modest showing on …

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GoPago Treats San Francisco to Innovative Mobile Payment Service

There’s no doubt the future of payments exists in our mobile devices and GoPago is another great example of how mobile technology is bringing innovation to the marketplace. San Francisco businesses and customers alike are being treated to something new and different that adds value for everyone involved. Have you ever dreamed of a dining out experience where everything is …

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Zynga Stock Downgraded By JP Morgan

On the heels of Zynga’s announcement that they were in the beta stage of the “Zynga Platform,” the Wall Street Journal is reporting that JP Morgan is downgrading their rating to neutral due to an “increased investor focus on social gaming, the potential for legalization of online gambling, and optimism in the soon-to-be launched Zynga platform,” J.P. Morgan analyst Doug …

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