JP Morgan Lifts Dividend, Plans $12B Buyback
What do you think about this? Interesting that they didn't start buying back stock cheaper than this. I'd love to see shitty results from the stress tests, just so the Fed looks bad. Definitely a vote of confidence for the financials though. Anyone smarter than myself (i.e. anyone) want to chime in on this and maybe explain the timing?
Dimon's timing was to goose stocks into the close ahead of the stress test announcements.
Speaking of which, Prince Alwaleed is not going to be happy with Vikram.
Pretty much
I'm cool with it. Anything to get consumer confidence and hiring up is A-OK as I graduate this May and still looking for a FT job -_-
Papa Dimon making moves.
ROFLMFAO @ Citi.
I'm wondering if a guy like Dimon (given he has one of the healthiest banks and probably wanted to do this anyway) with his connections to gov. was encouraged to go ahead and release this news ahead of Vik & Co. "failing" the stress tests to cushion the blow. Probably not, but I like the timing anyway.
Aliquam dicta tempora quis iure quia sit eveniet. Corporis fugiat explicabo facilis ut velit cum error sapiente. Provident dicta eaque eos quos sequi.
Maiores nam architecto sapiente hic. Exercitationem sunt labore et ea eaque. Veritatis nemo est eum dolorem minima error. Aut amet autem necessitatibus esse. Harum odio nihil libero quas. At est aspernatur neque laudantium laborum itaque quos sapiente. Expedita molestiae molestiae ut enim qui eum tempore.
Ducimus eos deleniti sed ad molestias et. Assumenda consequatur alias nihil assumenda ut esse. Tenetur aut aut distinctio qui adipisci quas.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...