Financial News

Feb
17

JPMorgan tops list of risky banks – U.S. government study

JPMorgan Chase & Co (JPM.N) bears the highest potential hazard to the financial system, a study by a U.S. government research agency showed, launching its first ranking of U.S. banks with a numerical risk score. The bank had a “systemic risk score” of 5.05 percent for 2013 in a group of 33 large U.S. banks, […]

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Nov
26

Apple breaks through the $700 billion mark

Apple (AAPL)’s market capitalization has hit a record $700 billion, a major milestone for CEO Tim Cook since the market cap doubled in the three years he’s been at the helm.”It’s the ultimate statement of what Tim Cook has added,” said Gene Munster, a senior research analyst at Piper Jaffray. Cook took the reigns in […]

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