JP Morgan Chase shares gain the most in a week on Wednesday, JP Morgan Securities to pay $900 000 in relation with supervision issues

January 12, 2017
JP Morgan Chase shares gain the most in a week on Wednesday, JP Morgan Securities to pay $900 000 in relation with supervision issues

According to a statement by the US Commodity Futures Trading Commission (CFTC) from January 11th, JP Morgan Securities LLC, a division of JP Morgan Chase & Co, will have to pay $900 000 in order to settle allegations accusing it of not being able to properly supervise the process of […]

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Fiat Chrysler shares gain a ninth straight session on Wednesday, chances for the group to achieve 2018 objectives “greater than 50%”

January 12, 2017
Fiat Chrysler shares gain a ninth straight session on Wednesday, chances for the group to achieve 2018 objectives “greater than 50%”

According to a person familiar with discussions, at a meeting with Wall Street analysts on January 11th Fiat Chrysler Chief Executive Officer Sergio Marchionne said that the probability for the company to achieve its financial objectives for 2018 was “significantly greater than 50 percent”. Fiat Chrysler shares closed higher for […]

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Boeing shares gain for a fifth time in six sessions on Tuesday, an internal memo reveals key personnel layoffs

January 11, 2017
Boeing shares gain for a fifth time in six sessions on Tuesday, an internal memo reveals key personnel layoffs

An internal memo by Boeing Company revealed on Tuesday potential involuntary layoffs of engineers this year, as the aircraft manufacturer encounters fierce competition amid lower jet shipments. The document also featured a number of job categories, which may be affected by voluntary layoffs in the state of Washington, South Carolina […]

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Wells Fargo shares gain for the first time in four sessions on Tuesday, holding strives to rebuild trust with a new compensation scheme

January 11, 2017
Wells Fargo shares gain for the first time in four sessions on Tuesday, holding strives to rebuild trust with a new compensation scheme

Wells Fargo & Company revealed a new long-term compensation plan for branch bankers, which is to include incentives based on customer service rather than sales objectives, according to an internal document provided by Mary Eshet, a spokesperson from the bank holding. The new compensation structure comes at a time, when […]

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Fiat Chrysler shares gain a seventh straight session on Monday, company to discontinue Mexican production in case of high tariffs

January 10, 2017
Fiat Chrysler shares gain a seventh straight session on Monday, company to discontinue Mexican production in case of high tariffs

On January 9th, at the Detroit auto show, Fiat Chrysler’s Chief Executive Officer Sergio Marchionne said that in case the Trump administration sets quite high tariffs on vehicles manufactured in Mexico and then imported to the United States, the company may discontinue production process at its Mexican plants. Fiat Chrysler […]

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Black & Decker shares drop a second straight session on Monday, company to establish a $35 million plant in the United States

January 10, 2017
Black & Decker shares drop a second straight session on Monday, company to establish a $35 million plant in the United States

James Loree, Stanley Black & Decker Inc.’s Chief Executive Officer, has informed President-elect Donald Trump about his company’s decision to establish a $35 million plant in the United States, an e-mail briefing from the Republican National Committee revealed. According to Sean Spicer, head of communications at the Republican National Committee, […]

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