Amazines Free Article Archive
www.amazines.com - Sunday, May 31, 2020
Read about the most recent changes and happenings at Amazines.com
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Google
Subscriptions Manage Ezines
CATEGORIES
 Article Archive
 Advertising (133359)
 Advice (161073)
 Affiliate Programs (34739)
 Art and Culture (73727)
 Automotive (145702)
 Blogs (75113)
 Boating (9843)
 Books (17221)
 Buddhism (4126)
 Business (1328910)
 Business News (426349)
 Business Opportunities (366300)
 Camping (10965)
 Career (72749)
 Christianity (15847)
 Collecting (11638)
 Communication (115065)
 Computers (241958)
 Construction (39001)
 Consumer (49683)
 Cooking (17063)
 Copywriting (6581)
 Crafts (18205)
 Cuisine (7543)
 Current Affairs (20407)
 Dating (45786)
 EBooks (19689)
 E-Commerce (48212)
 Education (185289)
 Electronics (83505)
 Email (6398)
 Entertainment (159861)
 Environment (28941)
 Ezine (3039)
 Ezine Publishing (5447)
 Ezine Sites (1550)
 Family & Parenting (110917)
 Fashion & Cosmetics (196406)
 Female Entrepreneurs (11843)
 Feng Shui (130)
 Finance & Investment (310392)
 Fitness (106315)
 Food & Beverages (62903)
 Free Web Resources (7938)
 Gambling (30231)
 Gardening (25130)
 Government (10521)
 Health (629810)
 Hinduism (2205)
 Hobbies (44051)
 Home Business (91565)
 Home Improvement (251397)
 Home Repair (46160)
 Humor (4831)
 Import - Export (5453)
 Insurance (45142)
 Interior Design (29576)
 International Property (3485)
 Internet (190994)
 Internet Marketing (146383)
 Investment (22837)
 Islam (1167)
 Judaism (1356)
 Law (80563)
 Link Popularity (4593)
 Manufacturing (20843)
 Marketing (98843)
 MLM (14136)
 Motivation (18213)
 Music (27012)
 New to the Internet (9494)
 Non-Profit Organizations (4048)
 Online Shopping (129636)
 Organizing (7803)
 Party Ideas (11856)
 Pets (38078)
 Poetry (2234)
 Press Release (12681)
 Public Speaking (5633)
 Publishing (7525)
 Quotes (2407)
 Real Estate (126636)
 Recreation & Leisure (95330)
 Relationships (87567)
 Research (16163)
 Sales (80327)
 Science & Technology (110238)
 Search Engines (23468)
 Self Improvement (153122)
 Seniors (6235)
 Sexuality (35945)
 Small Business (49308)
 Software (82998)
 Spiritual (23471)
 Sports (116108)
 Tax (7659)
 Telecommuting (34066)
 Travel & Tourism (307694)
 UK Property Investment (3121)
 Video Games (13428)
 Web Traffic (11731)
 Website Design (56836)
 Website Promotion (36579)
 World News (1000+)
 Writing (35781)
Author Spotlight
MILI BOSE

I am a Marketing professional with more than 10 years of experience in this industry. I help online ...more
MARVELL LAWSON

Marvell Lawson is an author, professional speaker, and communication coach who works with individual...more
DAMIAN POWELL

Demonstrated exceptional leadership in the government and private sector at an executive level. Skil...more
S.M. AZIZUR RAHMAN

Hi,I am a freelance writer, blogger and digital marketing professional. To find my contents, please ...more
SHOVON JOARDER

Shovon Joarder has been working as Freelance Marketing Project Manager for over four years. He also ...more


U.s. stock-index futures drop as jpmorgan reveals losses - High Power LED Flood Lights by grass lawn





Article Author Biography
U.s. stock-index futures drop as jpmorgan reveals losses - High Power LED Flood Lights by
Article Posted: 11/02/2013
Article Views: 99
Articles Written: 975
Word Count: 791
Article Votes: 0
AddThis Social Bookmark Button

U.s. stock-index futures drop as jpmorgan reveals losses - High Power LED Flood Lights


 
Business,Business News,Business Opportunities
May 11, 2012 U.S. stock futures fell as investors assessed a disclosure byJPMorgan (JPM) Chase & Co., the biggest U.S. bank by assets,that it had a $2 billion trading loss after positions in creditsecurities proved riskier than expected. JPMorgan tumbled 6.7 percent after the close of regular trading asChief Executive Officer Jamie Dimon said the bank made egregiousmistakes and that trading losses were self inflicted. Bank ofAmerica Corp., Citigroup Inc.

(C), Goldman Sachs (GS) Group Inc.and Morgan Stanley (MS) lost at least 2.3 percent. Standard & Poor s 500 Index futures expiring in June slumped0.7 percent to 1,347.70 at 9 a.m. Tokyo time. Financial companiesin the S&P 500 had the biggest gain among 10 groups in 2012,surging 15 percent, or almost double the benchmark measure sadvance.

Dow Jones Industrial Average futures dropped 80 points, or0.6 percent, to 12,754. JPMorgan has held to a higher standard among the banks, WalterTodd, who oversees about $950 million as chief investment officerat Greenwood Capital in Greenwood, South Carolina, said in atelephone interview. If this happens to them, it raises thequestion: if they have these issues, who else does? JPMorgan led a slump in financial shares after the close of regulartrading. The group comprises 15 percent of the S&P 500 for thesecond-biggest weighting among 10 industries.

The bank s sharesretreated 6.7 percent to $38. Bank of America shares lost 2.6 percent to $7.50. Citigroupretreated 3.6 percent to $29.54. Goldman Sachs slipped 2.3 percentto $103.85. Morgan Stanley slumped 2.9 percent to $15.15.

WellsFargo & Co. lost 1.9 percent to $32.56. The Financial SelectSector SPDR Fund (XLF) fell 2.1 percent to $14.66. Default Swaps Climb The cost of protecting debt of JPMorgan from default rose to thehighest level in a month.

Credit-default swaps on the bank climbedto 118.5 basis points as of 5:42 p.m. New York time, according toprices from data provider CMA, which is owned by CME Group Inc. Thecontracts were at about 111 basis points before the announcement. Dimon said JPMorgan lost about $2 billion after a failure in itschief investment office, which the bank says focuses on hedging.The office has been transformed in recent years under Dimon into aunit that makes bigger and riskier speculative bets with thebank s money, according to five former employees, Bloomberg Newsreported April 13. We re accountable, and what happened violates our own standardsand principles about how we want to operate the company, Dimonsaid in a conference call yesterday.

This is not how we want torun a business. JPMorgan s Results On April 13, JPMorgan reported a 3.1 percent drop in earnings, asmaller decline than analysts estimated as mortgage revenue surgedand trading almost doubled from the fourth quarter. The bankbenefited from gains in mortgage lending as low interest rates andfederal incentive programs encouraged homeowners to refinance. Earnings at financial companies in the S&P 500 grew 12 percentin the first quarter, for the second-biggest increase among 10industries, according to data compiled by Bloomberg.

That s almostdouble the growth of profits of S&P 500 companies in theperiod. On average, 66 percent of financial companies in thebenchmark gauge beat analysts estimates in the period. Warren Buffett, whose Berkshire Hathaway Inc. has more than $20billion invested in U.S.

banks, said on May 5 the nation s lendershave liquidity coming out of their ears and are in better shapethan European rivals. Fine Shape I would put European banks and American banks in two verydifferent categories, Buffett, Berkshire s chief executiveofficer, said at the firm s annual meeting in Omaha, Nebraska. The American banking system is in fine shape. The European systemwas gasping for air a few months back until getting assistancefrom the European Central Bank, he said.

Wall Street firms including JPMorgan and Bank of America,emboldened after raising capital levels ahead of stricterinternational guidelines, are contesting efforts by U.S. policymakers to limit trading and risk. Banks had the biggest gain in the S&P 500 among 24 groups inregular trading yesterday, adding 1.5 percent, as European lendersrallied. Federal Reserve Chairman Ben S. Bernanke said the U.S.banking system is stronger and more resilient while still facingchallenges on credit quality and liquidity.

Banks still have more to do to restore their health and adapt tothe post-crisis regulatory and economic environment, Bernankesaid yesterday in a speech at the Chicago Fed s annual conferenceon banks. The S&P 500 rebounded in regular trading, advancing 0.3percent, as Greece attempted to form a new government and a declinein American jobless claims helped allay concern of a labor marketsetback.

I am an expert from industrial-ledfloodlights.com, while we provides the quality product, such as High Power LED Flood Lights , China Indoor LED lamp, High Bay LED Lighting,and more.

Related Articles - High Power LED Flood Lights, China Indoor LED lamp,

Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.

 

Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
Name:
Email:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
 
Please enter the code in the image:



 Author Login 
LOGIN
Register for Author Account

 

Advertiser Login

 

ADVERTISE HERE NOW!
   Limited Time $60 Offer!
   90  Days-1.5 Million Views  

 

Great Paranormal Romance


TIM FAY

I am not a writer nor am I trying to become a writer. I am an average person with average intelligen...more
GENE MYERS

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
STEPHEN BYE

Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more
ADRIAN JOELE

I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
SUSAN FRIESEN

Susan Friesen, founder of the award-winning web development and digital marketing firm eVision Media...more
LAURA JEEVES

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
JOANNE IRELAND

Joanne Ireland, a 30-year veteran of the meeting and event planning industry, is Founder and Preside...more
JOANNA MORGAN

Joanna Morgan has a huge passion for making money online from home and enjoys traveling around the w...more
STEVERT MCKENZIE

Stevert Mckenzie, Travel Enthusiast. ...more
GITESH TRIVEDI

Working as Technical Lead in Dbametrix Solutions. Have an experience of 12+ years in Oracle domain. ...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2020, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from wikipedia.org under the GNU FDL license