fareastwarriors Posted November 14, 2013 Share Posted November 14, 2013 JPMorgan’s Fruitful Ties to a Member of China’s Elite http://dealbook.nytimes.com/2013/11/13/a-banks-fruitful-ties-to-a-member-of-chinas-elite/?ref=international-home&_r=0 Link to comment Share on other sites More sharing options...
fareastwarriors Posted November 15, 2013 Share Posted November 15, 2013 Moody’s Lowers Ratings of Four U.S. Banks After Review http://www.bloomberg.com/news/2013-11-14/moody-s-cuts-goldman-sachs-morgan-stanley-jpmorgan-bny-mellon.html Moody’s Investors Service cut its ratings on four of the biggest U.S. banks after deciding the government would be less likely to help them repay creditors in a crisis. We believe that U.S. bank regulators have made substantive progress in establishing a credible framework to resolve a large, failing bank,” Robert Young, a managing director at Moody’s, said in a statement. “Rather than relying on public funds to bail out one of these institutions, we expect that bank holding company creditors will be bailed-in and thereby shoulder much of the burden to help recapitalize a failing bank.” what...? no more govt bailouts? Link to comment Share on other sites More sharing options...
fareastwarriors Posted November 15, 2013 Share Posted November 15, 2013 http://www.cnbc.com/id/101198678 JPMorgan Chase has agreed to pay $4.5 billion to settle claims by 21 major institutional investors who lost money on mortgage-backed securities in the collapse of the U.S. housing market, the bank said in a release. Link to comment Share on other sites More sharing options...
fareastwarriors Posted November 18, 2013 Share Posted November 18, 2013 Breaking Down J.P. Morgan’s Latest Settlement http://blogs.wsj.com/moneybeat/2013/11/18/breaking-down-j-p-morgans-latest-settlement/?mod=WSJBlog&mod=MarketsMain Link to comment Share on other sites More sharing options...
fareastwarriors Posted November 19, 2013 Share Posted November 19, 2013 http://www.bloomberg.com/news/2013-11-18/jpmorgan-said-to-agree-to-cover-some-wamu-costs-on-mortgage-deal.html JPMorgan Said to Agree to Cover WaMu Costs on Mortgage Deal Link to comment Share on other sites More sharing options...
fareastwarriors Posted November 19, 2013 Share Posted November 19, 2013 http://dealbook.nytimes.com/2013/11/18/justice-department-poised-to-announce-mortgage-deal-with-jpmorgan/?_r=0 U.S. Poised to Announce $13 Billion JPMorgan Settlement Link to comment Share on other sites More sharing options...
fareastwarriors Posted November 21, 2013 Share Posted November 21, 2013 http://dealbook.nytimes.com/2013/11/20/in-13-billion-settlement-jpmorgan-may-have-gotten-a-good-deal/?ref=international&_r=0 Cost Aside, JPMorgan May Have a Good Deal Link to comment Share on other sites More sharing options...
meiroy Posted November 21, 2013 Share Posted November 21, 2013 http://dealbook.nytimes.com/2013/11/20/in-13-billion-settlement-jpmorgan-may-have-gotten-a-good-deal/?ref=international&_r=0 Cost Aside, JPMorgan May Have a Good Deal It's the NY Times with its usual schtik. (what the editors wanted to write was “JPMorgan Should Have Paid Much More") http://investor.shareholder.com/jpmorganchase/presentations.cfm Mortgage-Related Settlements Announcement Link to comment Share on other sites More sharing options...
fareastwarriors Posted December 8, 2013 Share Posted December 8, 2013 http://dealbook.nytimes.com/2013/12/07/bank-tabulated-business-linked-to-china-hiring/#postComment Bank Tabulated Business Linked to China Hiring Link to comment Share on other sites More sharing options...
fareastwarriors Posted December 13, 2013 Share Posted December 13, 2013 http://www.bloomberg.com/news/2013-12-12/jpmorgan-said-in-talks-to-pay-2-billion-in-madoff-probes.html another $2B Link to comment Share on other sites More sharing options...
fareastwarriors Posted December 18, 2013 Share Posted December 18, 2013 JPMorgan Seeks More Than $1 Billion From FDIC Over WaMu Claims http://www.nytimes.com/reuters/2013/12/17/business/17reuters-jpmorgan-fdiclawsuit.html?src=busln&_r=0 Link to comment Share on other sites More sharing options...
fareastwarriors Posted January 6, 2014 Share Posted January 6, 2014 JPMorgan Chase nears a $2 billion deal in a case tied to Madoff http://www.cnbc.com/id/101310970 Link to comment Share on other sites More sharing options...
fareastwarriors Posted January 14, 2014 Share Posted January 14, 2014 4Q http://files.shareholder.com/downloads/ONE/2895510391x0x718321/7d9e1736-0947-4248-b016-cde02b4de287/4Q13_EPR_FINAL.pdf JPMORGAN CHASE REPORTS FOURTH-QUARTER 2013 NET INCOME OF $5.3 BILLION, OR $1.30 PER SHARE, ON REVENUE1 OF $24.1 BILLION 14% RETURN ON TANGIBLE COMMON EQUITY1 FULL-YEAR 2013 NET INCOME OF $17.9 BILLION, OR $4.35 PER SHARE, ON REVENUE1 OF $99.8 BILLION Link to comment Share on other sites More sharing options...
Uccmal Posted January 14, 2014 Share Posted January 14, 2014 Fareastwarriors, I have been working my way through the transcripts. Where is the 13 b settlement? Exercised some 2014 leaps today. This is a good long term hold. Link to comment Share on other sites More sharing options...
Uccmal Posted January 14, 2014 Share Posted January 14, 2014 Never mind, I found it in a press release. It had already been reserved, is paid, and gone. Link to comment Share on other sites More sharing options...
fareastwarriors Posted January 14, 2014 Share Posted January 14, 2014 Never mind, I found it in a press release. It had already been reserved, is paid, and gone. thanks for highlighting that. i haven't had time to even read it. at work right now, "working" ;) Link to comment Share on other sites More sharing options...
racemize Posted January 14, 2014 Share Posted January 14, 2014 Fareastwarriors, I have been working my way through the transcripts. Where is the 13 b settlement? Exercised some 2014 leaps today. This is a good long term hold. I like the warrants at these prices, I think the assumptions in the price make them a bit better than the common. Link to comment Share on other sites More sharing options...
buylowersellhigh Posted January 14, 2014 Share Posted January 14, 2014 Fareastwarriors, I have been working my way through the transcripts. Where is the 13 b settlement? Exercised some 2014 leaps today. This is a good long term hold. Any reason you didn't roll your leaps forward? That way you have exposure to JPM and cash at hand. Why do you like JPM? Link to comment Share on other sites More sharing options...
Uccmal Posted January 14, 2014 Share Posted January 14, 2014 Fareastwarriors, I have been working my way through the transcripts. Where is the 13 b settlement? Exercised some 2014 leaps today. This is a good long term hold. Any reason you didn't roll your leaps forward? That way you have exposure to JPM and cash at hand. Why do you like JPM? 1) a) avoid the taxman B) JPM in two years could just as easily be trading at $59.00. 2) JPM - small position - basically well run - healthy balance sheet - dividend should rise 15-20 % per year from here. Link to comment Share on other sites More sharing options...
fareastwarriors Posted January 26, 2014 Share Posted January 26, 2014 Buffett Praises Dimon’s Leadership at J.P. Morgan http://blogs.wsj.com/moneybeat/2014/01/24/buffett-praises-jamie-dimons-leadership-at-j-p-morgan/ Link to comment Share on other sites More sharing options...
gfp Posted February 4, 2014 Share Posted February 4, 2014 http://www.sec.gov/Archives/edgar/data/19617/000122520814003058/xslF345X03/doc4.xml $27+ million in open market purchases by JPM director James Crown reported yesterday Link to comment Share on other sites More sharing options...
fareastwarriors Posted February 25, 2014 Share Posted February 25, 2014 JPMorgan Chase is planning more job cuts in its mortgage business on top of the 13,000-15,000 positions already due to be slashed because of plunging demand for home loans. Several thousand more cuts are planned, according to people familiar with the matter, and could be announced at JPMorgan's annual investor day on Tuesday. http://www.cnbc.com/id/101442047 Link to comment Share on other sites More sharing options...
Liberty Posted March 8, 2014 Share Posted March 8, 2014 http://brooklyninvestor.blogspot.ca/2014/03/jpm-investor-day-2014.html Comments on JPM's investor day. Link to comment Share on other sites More sharing options...
wescobrk Posted March 8, 2014 Share Posted March 8, 2014 He brings up a good point about rotce and how paying out dividends. Citigroup will earn 9 percent this year based on earnings estimates of 5 bucks a share this year but if they pay out 1 dollar annually in dividends as they are estimated next year in dividends that would gain them roughly 100 basis points. Earnings estimates next year are 5.80 or about 9.7 percent but when you factor in Dividends next year that rises as another 100 basis points plus stock buybacks below tbv could get it to 11 percent rotce for 2015. I think corbat is lowballing the street next year regarding 10 percent rotce. The same with bac claiming late 2016 to get to 14 percent rotce. My math isn't exact but the point is Moynihan and corbat are lowballing assuming of course we stay at GDP of 2.5. Link to comment Share on other sites More sharing options...
gfp Posted March 26, 2014 Share Posted March 26, 2014 http://www.businesswire.com/news/home/20140326006482/en/JPMorgan-Chase-Plans-Dividend-Increase-6.5-Billion#.UzM6lK1dVnQ Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now