Tag: share buybacks

JPMorgan Halts Share Buybacks as Earnings Miss Estimates

JPMorgan Halts Share Buybacks as Earnings Miss Estimates Bank adds $428 million to reserves for potentially bad loans Dimon says firm preparing for ‘range of economic environments’ JPMorgan Chase & Co. temporarily suspended share buybacks and reported second-quarter results that fell short of analysts’ estimates, driving the stock as much as 5.1% lower.  The buyback pause […]

The January Effect and Why it Matters

As trading gets underway in 2022, the U.S. stock market faces an uncertain future.   Will traders take profits after the widely-followed S&P 500 index more than doubled in 2021, or is the January Effect going to give the market an extra boost? The January Effect continuously fascinates market participants and analysts because it frequently sets […]