Tag: JPMorgan Chase & Co

  • Dow Losers: Goldman Sachs Group Inc (NYSE:GS), American Express Company (NYSE:AXP), The Boeing Company (NYSE:BA), JPMorgan Chase & Co. (NYSE:JPM), Verizon Communications (NYSE:VZ)

    Goldman Sachs Group Inc. (GS:US)’s Tokyo-based foreign exchange salesman Wako Ogawa is leaving the firm, according to two people familiar with the situation.Ogawa, 44, a vice president at Goldman Sachs Japan Co., will leave the firm later this year to join a financial institution, the people said, declining to be identified because the matter is confidential. Goldman Sachs Group Inc (NYSE:GS) net profit margin is 18.70% and weekly performance is 0.01%. On last trading day company shares ended up $168.23. Analysts mean target price for the company is $174.17. Goldman Sachs Group Inc (NYSE:GS) distance from 50-day simple moving average is 4.90%.

    American Express Company (AXP) has launched a prepaid card, Bluebird, for customers who are reluctant to use the conventional banking system and credit cards. The prepaid cards are available exclusively at Wal-Mart Stores, Inc. (WMT) outlets and online. American Express Company (NYSE:AXP) shares fell -1.13% in last trading session and ended the day on $94.43. AXP Gross Margin is 75.20% and its return on assets is 3.60%. American Express Company (NYSE:AXP) quarterly performance is 4.22%.

    The Boeing Company (NYSE:BA) has received an average rating of “Buy” from the twenty-four brokerages that are currently covering the company. Seven investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company.The Boeing Company (NYSE:BA) shares moved down -1.30% in last trading session and was closed at $129.15, while trading in range of $129.00-$131.24.The Boeing Company (NYSE:BA) year to date performance is -4.31%.

    JPMorgan Chase & Co. (NYSE:JPM) announced expanding ‘The Fellowship Initiative’ to Los Angeles and Chicago. It has also planned to increase the class size in New York City, where the initiative was first launched. JPMorgan Chase & Co. (NYSE:JPM) ended the last trading day at $57.42. Company weekly volatility is calculated as 1.24%.

    Verizon Communications Inc. (NYSE:VZ) Wireless is considering buying spectrum from Dish Network, reported The New York Post. A top Verizon executive told a group of insiders in the last few weeks that the leading US wireless carrier was looking to buy spectrum owned by satellite-TV company Dish Network, a banker with direct knowledge of the conversation said.  Verizon Communications Inc. (NYSE:VZ) net profit margin is 11.10% and weekly performance is 0.14%. On last trading day company shares ended up $49.28. Analysts mean target price for the company is $53.81. Verizon Communications Inc. (NYSE:VZ) distance from 50-day simple moving average is 1.71%.

    On June 13, 2014, 3M Co (NYSE:MMM) together with xperion, announced an agreement for developing a new line of 3M-branded compressed natural gas (CNG) tanks to be used in the heavy-duty transportation industry. According to 3M, the tanks will combine 3M’s Matrix Resin technology with xperion’s world-class engineering and proprietary design technology. 3M stated that a new xperion facility, which is currently being constructed near Columbus, Ohio in the city of Heath, will deliver production of these new tanks starting later in 2014. 3M Co (NYSE:MMM) shares fell -0.69% in last trading session and ended the day on $143.09. MMM Gross Margin is 48.20% and its return on assets is 14.10%. 3M Co (NYSE:MMM) quarterly performance is 7.39%.