PPM Blog
Cody Willard on Apple suppliers, oil, Greece and more
All right guys, ask me anything. Read More
Financial Stocks: J.P. Morgan weighs on financial stocks
J.P. Morgan Chase & Co. falls more than 4% after a report of further derivatives losses. Sector is further pressured by grim economic data. Read More
Osiris stem-cell therapy wins Canadian approval
BOSTON (MarketWatch) — Shares of Osiris Therapeutics jumped 14% to $5.60 in after-hours trading Thursday on news that Canadian regulators have approved its product Prochymal for the treatment of acute graft-vs-host disease, or GVHD, in children. GVHD is a life-threatening [...]
China Life urges Taiwan on insurer stakes: report
TAIPEI -(MarketWatch)- China Life Insurance Co. (2628.HK) said it would be keen to acquire a stake in a Taiwanese insurer, if Taiwan’s regulator were to allow Chinese investors to own as much as 20% in these companies, compared to 5% [...]
Geithner, Dimon discussed Volcker rule in March
(Adds Treasury comment in final paragraph.) WASHINGTON -(MarketWatch)- Treasury Secretary Timothy Geithner and J.P. Morgan Chase & Co. JPM Chief Executive James Dimon met in early March to discuss a new rule restricting commercial banks from trading with their own [...]
China’s CFFEX expands collaboration efforts
–China Financial Futures Exchange expands collaboration efforts –CFFEX signs memorandum of understanding with NYSE, CBOE, CME, Eurex –Contract volume on market nearly doubled in first quarter (Updates to include additional agreements with CME Group and Deutsche Boerse’s Eurex, as well [...]
Paul B. Farrell: The 4 hard lessons of 2008 that Dimon must accept
Will Jamie Dimon’s lesson in humility lead him to embrace the four broader lessons of 2008? Will this change not just J.P. Morgan but all the too-big-to-fail banks that control over 90% of America’s banking assets? Will Wall Street finally [...]
National Grid keeps positive outlook for 2012-2013
LONDON -(MarketWatch)- National Grid PLC (NG.LN) Thursday posted a 3% decrease in full-year operating profit, due to severe weather that had hit its U.S. businesses, but maintained its positive outlook for 2012-2013. Read More
J.P. Morgan loss raises concerns for a Republican
Even as Republicans continue to push for dismantling derivatives regulations, a key GOP member says J.P. Morgan’s surprise trading loss of more than $2 billion raises concerns about the stability of the U.S. economy. Read More
Newswatch: U.S. stock futures wobble on Greece worries
U.S. stock-index futures pointed to a flat open for Wall Street, as investors remained focused on Greece’s politics and finances. Read More