US bank earnings rise to touch 5-year high in Q1

Source: China Post

WASHINGTON -- U.S. bank earnings rose in the first three months of the year to the highest level in nearly five years and the number of troubled banks fell for the fourth straight quarter. The mostly positive f ...
Full article at: China Post  More like this  12 minutes ago

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Shale oil pioneer Continental hires veteran trader Kinnear

Source: Reuters Mobile

NEW YORK (Reuters) - Pioneering shale oil producer Continental Resources Inc (CLR.N) has hired veteran oil trader Kirk Kinnear in an effort to claim a share of the bumper profits that have emerged from an unpr ...
Full article at: Reuters Mobile  More like this  20 minutes ago

DealBook's Week in Review: Questions of Fair Play

Source: The New York Times

Vevo WEEK IN VERSE While Carly Rae Jepsen and Rita Ora battle for song of the summer, DealBook will spend this weekend listening to 1991’s “Summertime.” In Washington, lawmakers and regulators are scrutinizing the fairn ...
Full article at: The New York Times  More like this  26 minutes ago

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MarketWatch First Take: Now it’s more than just a bad bet for Dimon

Source: MarketWatch

5 Comments Tweet Share Digg Yahoo! Buzz MySpace del.icio.us Reddit LinkedIn Fark StumbleUpon Newsvine new Portfolio Relevance LEARN MORE Want to see how this story relates to your portfolio? Just add items to create a portfolio now: X Add JPMorgan C ...
Full article at: MarketWatch  More like this  27 minutes ago

Raymond James Surveys 3 Energy Stocks

Source: Wall Street Journal

Not surprisingly, Greece is once again at the forefront of investors' minds. The broader market saw a late rally Thursday and the market eked out modest gains. In the U.S., initial jobless claims fell for the first ...
Full article at: Wall Street Journal  More like this  27 minutes ago

Should Jamie Dimon Resign From the New York Fed?: Poll

Source: The Street

NEW YORK (TheStreet) -- Calls for JPMorgan Chase(JPM) CEO Jamie Dimon to step down from the board of directors of the New York Federal Reserve are growing louder following the disclosure of the bank's $2 billion trading loss. Critics ar ...
Full article at: The Street  More like this  33 minutes ago

UPDATE 1-JPMorgan's Dimon to testify before Congress in June

Source: Reuters Mobile

* Sen. Johnson: Lawmakers need to know trades' implications * Dimon has said he will testify * Part of a series of congressional hearings on JPM's loss WASHINGTON, May 25 (Reuters) - JPMorgan Chase Chief Executive Jamie Dimon has been invited to ...
Full article at: Reuters Mobile  More like this  37 minutes ago

JPMorgan boss to face lawmakers June 7

Source: France 24

AFP - JPMorgan Chase's embattled chief executive Jamie Dimon will be hauled before Congress on June 7 to explain recent huge trading losses, legislators announced Friday. Dimon will testify before the Senate Banki ...
Full article at: France 24  More like this  38 minutes ago

Somali Lemonade Seeks to Regain Winning Form

Source: Blood Horse

Grade III winner Somali Lemonade seeks to get back on the winning track when she heads the eight-horse field entered in the May 28 Sands Point (gr. IIT) on the Memorial Day card at Belmont Park. A daughter of Lemon Drop Kid —Chic Corine, b ...
Full article at: Blood Horse  More like this  40 minutes ago