J. P. Morgan

JPMorgan Chase Declares Preferred Stock Dividends

Retrieved on: 
Friday, January 14, 2022 - 9:39pm

JPMorgan Chase & Co. (NYSE: JPM) (JPMorgan Chase or the Firm) has declared dividends on the outstanding shares of the Firms Series DD, EE, GG, JJ, KK, LL & MM preferred stock.

Key Points: 
  • JPMorgan Chase & Co. (NYSE: JPM) (JPMorgan Chase or the Firm) has declared dividends on the outstanding shares of the Firms Series DD, EE, GG, JJ, KK, LL & MM preferred stock.
  • JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (U.S.), with operations worldwide.
  • JPMorgan Chase had $3.7 trillion in assets and $294.1 billion in stockholders equity as of December 31, 2021.
  • Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com .

JPMorgan Chase Reports Fourth-Quarter and Full-Year 2021 Financial Results

Retrieved on: 
Friday, January 14, 2022 - 12:05pm

JPMorgan Chase & Co. has released its fourth-quarter and full-year 2021 financial results.

Key Points: 
  • JPMorgan Chase & Co. has released its fourth-quarter and full-year 2021 financial results.
  • JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (U.S.), with operations worldwide.
  • JPMorgan Chase had $3.7 trillion in assets and $294.1 billion in stockholders equity as of December 31, 2021.
  • The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management.

Exeter names new CFO & Vice Chairman Jason Kulas as Brad Nall announces retirement

Retrieved on: 
Thursday, January 13, 2022 - 9:09pm

His successor will be auto finance industry veteran Jason Kulas, who will assume duties as the company's new CFO and Vice Chairman next month.

Key Points: 
  • His successor will be auto finance industry veteran Jason Kulas, who will assume duties as the company's new CFO and Vice Chairman next month.
  • Nall has served as Chief Financial Officer for five years and has held senior leadership roles at Exeter since 2012.
  • Kulas will officially assume the role as Exeter's Chief Financial Officer and Vice Chairman on Feb. 15, 2022.
  • Grubb's sentiments are echoed by Exeter Board Chairman Tom Dundon, who offers high praise for both Nall and Kulas.

J.P. Morgan Releases 2022 Alternatives Outlook Urging Investors to Embrace Megatrends to Overcome Challenging Public Markets

Retrieved on: 
Thursday, January 13, 2022 - 2:00pm

"While investors are clearly challenged by both stretched valuations in traditional markets and persistently low bond yields, we see ample opportunities for those investors willing to embrace megatrends across alternatives in areas such as ESG and technology."

Key Points: 
  • "While investors are clearly challenged by both stretched valuations in traditional markets and persistently low bond yields, we see ample opportunities for those investors willing to embrace megatrends across alternatives in areas such as ESG and technology."
  • The 2022Global Alternatives Outlook also provides a framework for investing in hybrid-like alternatives alternatives sectors and styles that exhibit equity-like and fixed-income-like characteristics to deliver both stable income and alpha.
  • Inflation both a headwind and a trading opportunity While inflation poses a challenge for investors, hedge fund managers could thrive.
  • J.P. Morgan Global Alternatives is the alternative investment arm of J.P. Morgan Asset Management.

Sprinklr Announces Leadership Changes and Board Appointment; Affirms Guidance for Q4 and Full Year FY 2022

Retrieved on: 
Thursday, January 13, 2022 - 1:50pm

Manish Sarin will join Sprinklr as Chief Financial Officer on January 24, 2022, reporting to Sprinklr Founder, Chairman and CEO, Ragy Thomas.

Key Points: 
  • Manish Sarin will join Sprinklr as Chief Financial Officer on January 24, 2022, reporting to Sprinklr Founder, Chairman and CEO, Ragy Thomas.
  • Prior to joining Sprinklr, Manish was the Chief Financial Officer of Exabeam, Inc. from October 2018 to November 2021.
  • Eileen Schloss has been appointed to the Sprinklr Board of Directors, effective January 13, 2022.
  • Sprinklr reiterates its financial guidance for the fourth quarter fiscal 2022 and full year fiscal 2022, as provided in a press release issued on December 9, 2021.

Fusion Healthcare Solutions Delivers Critical PPE Including the PHG N95 Respirator, KN95 Masks, and N-Listed Wipes that Kill Covid, to Help Manage the Spread of the Highly Contagious Omicron

Retrieved on: 
Thursday, January 13, 2022 - 1:26pm

Our top-selling products are the PHG 5160 N95 respirator, KN95 masks, single-use surgical masks, and Swovo N-listed disinfecting wipes as used in medical facilities.

Key Points: 
  • Our top-selling products are the PHG 5160 N95 respirator, KN95 masks, single-use surgical masks, and Swovo N-listed disinfecting wipes as used in medical facilities.
  • These items help keep people healthy, and businesses open as the virus mutates and collides with the flu," said Mark Rubino, Founder, Fusion PPE.
  • In addition to N95 respirators, Fusion PPE offers KN95 and single-use surgical masks, along with hand sanitizers, air purifiers, wipes, and more.
  • Fusion PPE is a division of Fusion Healthcare Solutions, an established surgical and healthcare supplier since 2009.

Pentwater Issues Letter to Rio Tinto Board Calling for Action on Corporate Governance Failures

Retrieved on: 
Thursday, January 13, 2022 - 2:00pm

On January 6, 2022, Pentwater Capital Management LP ("Pentwater"), the largest minority shareholder of Turquoise Hill Resources Ltd. ("Turquoise Hill") (TSX:TRQ) (NYSE:TRQ), sent the following letter to Ngaire Woods, member of the Board of the Directors of Rio Tinto plc (Rio Tinto or Rio) (LSE:RIO), outlining continued corporate governance failures at Rio Tinto.

Key Points: 
  • On January 6, 2022, Pentwater Capital Management LP ("Pentwater"), the largest minority shareholder of Turquoise Hill Resources Ltd. ("Turquoise Hill") (TSX:TRQ) (NYSE:TRQ), sent the following letter to Ngaire Woods, member of the Board of the Directors of Rio Tinto plc (Rio Tinto or Rio) (LSE:RIO), outlining continued corporate governance failures at Rio Tinto.
  • On January 7, 2022, Rio Tinto's attorney responded that neither Ms. Woods nor any other Rio Tinto board member would respond to Pentwater regarding the ongoing corporate governance breaches that Rio is inflicting upon Turquoise Hill.
  • Instead, you completely ignored our letter, and now you implicate yourself, as Rio Tinto is in the process of once again making a mockery of appropriate corporate governance at Turquoise Hill.
  • Two other Rio Tinto board members, Peter Cunningham, CFO (and a Rio Tinto employee since 1993), and Simon Thompson, Chair of the Board (and a Rio Tinto board member since 2014), are graduates of Oxford.

Ares Capital Corporation Prices Public Offering

Retrieved on: 
Thursday, January 13, 2022 - 2:15am

Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced a public offering of 10,000,000 shares of its common stock.

Key Points: 
  • Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced a public offering of 10,000,000 shares of its common stock.
  • Ares Capital expects to use the net proceeds of this offering to repay certain outstanding indebtedness under its credit facilities.
  • Ares Capital believes its loans and other investments in these companies can generate attractive levels of current income and potential capital appreciation for investors.
  • Ares Capital is externally managed by a subsidiary of Ares Management Corporation (NYSE: ARES), a publicly traded, leading global alternative investment manager.

Ares Capital Corporation Announces Public Offering

Retrieved on: 
Wednesday, January 12, 2022 - 9:09pm

Ares Capital Corporation (Nasdaq: ARCC) announced that it plans to make a public offering of 10,000,000 shares of its common stock.

Key Points: 
  • Ares Capital Corporation (Nasdaq: ARCC) announced that it plans to make a public offering of 10,000,000 shares of its common stock.
  • Ares Capital expects to use the net proceeds of this offering to repay certain outstanding indebtedness under its debt facilities.
  • Ares Capital believes its loans and other investments in these companies can generate attractive levels of current income and potential capital appreciation for investors.
  • Ares Capital is externally managed by a subsidiary of Ares Management Corporation (NYSE: ARES), a publicly traded, leading global alternative investment manager.

GSR Boosts Executive Leadership With Chief Technology Officer Hire

Retrieved on: 
Wednesday, January 12, 2022 - 1:50pm

GSR (the Company), a global leader in digital asset trading, has appointed John MacDonald as Chief Technology Officer (CTO).

Key Points: 
  • GSR (the Company), a global leader in digital asset trading, has appointed John MacDonald as Chief Technology Officer (CTO).
  • MacDonald held various technology leadership roles within Citadel Securities prior to his role as CTO, Europe, including Global Head of Derivatives Technology and Global Head of Fixed Income Technology.
  • Prior to Citadel Securities, he was Managing Director at JP Morgan running the Global Electronic Market Making Technology group.
  • "I am delighted to join the accomplished team at GSR as Chief Technology Officer," said Mr. MacDonald.