JPMorgan Profit Surges 78%; Dimon Will Be CEO Dec. 31
Oct. 19 (Bloomberg) — JPMorgan Chase & Co., the third- biggest U.S. bank, reported a record quarterly profit as fixed- income trading revenue surged, and said President James Dimon will become chief executive on Dec. 31, six months early.
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News: Majesco announces Martha Stewart deal
Domestic goddess and ex-con signs up. Martha Stewart, famous in the US for her interior design skills, amazing cakes and conviction for making false statements about illegal stock trading to federal investigators, has signed a deal with Majesco. The publisher is set to produce games with the help of her company, Martha Stewart Living Omnimedia. No details have been revealed so far, but here's
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Japan ADR Performance in January
Steven Towns submits: January was a short month for stock trading in Japan due to all the holidays, but it sure felt long at times. A chart below contains January returns for Japan ADRs.
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Elusive forces drive Chinese stock boom
If there is a symbol of China's stock market boom, it is the novice retail investors who have rapidly developed a passion for equities. Brokerage offices that were almost empty a year ago are now packed with young and old would-be speculators. In recent weeks, the Chinese have been opening about 300,000 new stock trading accounts every day,... more...