J.P. Morgan Chase

British soccer franchise Manchester United, the world's most valuable sports club, is said to be seeking $300 million when it goes public in August. Forbes reported this week that Manchester United, currently without a trophy after missing out on the English Premier League title to local rivals...

J.P. Morgan Chase is out with a research report on Melco Crown Entertainment (NASDAQ: MPEL) and it is lowering its price target to $14 from $16, but is keeping its Neutral rating on shares. In a note to clients, J.P. Morgan Chase writes, "Following MPEL's 3Q11 results, we are reducing our 2012...

J.P. Morgan Chase is out with a research report on International Flavors & Fragrances (NYSE: IFF) and it is lowering its price target to $60 from $61, but is has a Neutral rating on shares. In a note to clients, J.P. Morgan Chase writes, "We lowered our 2011 EPS estimate from $3.85 to $3.70 to...

J.P. Morgan Chase is out with a research report on Applied Materials, Inc. (NASDAQ: AMAT) and it has a Neutral rating and a $11 price target on shares. In a note to clients, J.P. Morgan Chase writes, "Recent checks indicate even Intel (INTC, JPM Semiconductors analyst Chris Danely) has decided to...

J.P. Morgan has published a research report on Perrigo Company (NASDAQ: PRGO), raising the price target by $6. In the report, J.P. Morgan wrote, "We are modestly increasing our sales and EPS stimates following Perrigo's FY4Q/11 results and FY2012 guidance. The company reported a relatively in-...

J.P. Morgan has published a research report on Marvell Technology Group (NASDAQ: MRVL) lowering the price target by $2.00 in anticipation of 2Q earnings. In the report, J.P. Morgan wrote, "We believe that the new program ramps that are in progress now should continue to drive growth for MRVL...

If you loved gold at $1,600 an ounce, you have to love it at $1,700 an ounce. This morning, gold crossed the $1,700 level and it looks as if there is no stopping the precious metal, after S&P downgraded U.S. debt amongst fiscal problems, and continued problems in Europe. Gold is a run away...

J.P. Morgan has published a report on Websense (NASDAQ: WBSN) reviewing 2Q earnings for the Internet and network security company. In the report, J.P. Morgan wrote, "WBSN 2Q11 saw slight billing beat, guidance was reiterated, but EPS and CFO was light. The company is sticking to its guns about...

Goldman Sachs is out with its report today on J.P. Morgan Chase (NYSE: JPM), reiterating Buy. In a note to clients, Goldman Sachs writes, "We reiterate our CL-Buy as we continue to believe the market is under-appreciating the $6+ of earnings power the franchise is capable of. With its shares...

Doug Braunstein, the CFO of J.P. Morgan Chase (NYSE: JPM), spoke to CNBC this afternoon, saying that we are a “long distance from a normalized environment if you think about the charge-off rate.” “The housing market is a very complicated one,” Braunstein added. “It's still a very high rate of...

J.P. Morgan Chase is dropping coverage on Innophos Holdings, Inc. (NASDAQ: IPHS). Its last rating on the stock was Neutral. In the last research report, J.P. Morgan Chase writes, "produces specialty phosphates, which are used in personal care, food & beverage, pharma, and industrial...