Nasdaq
Incentive pay projected up to 25%Posted by RJ and Makay on May 22, 2012 |
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Pay projections on Wall Street are looking up. Based on recent first quarter financial results, published by Allan Johnson of Johnson Associates Inc., Wall Street is on track for 25% gains this year. First quarter results show a “significant improvement” from 2011. That doesn’t reflect a worsening of the current economic environment.
Financial stocks lead stellar first-quarter stock market gainsPosted by RJ and Makay on Apr 03, 2012 |
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This year’s first-quarter stock market performance was the best in many years. The Standard and Poor’s (S&P) 500 index rose 12% from the end of Q4 2011, and the Dow Jones industrial average surged 8.14%, the largest gains since Q1 1998. The Nasdaq showed the largest gain with an increase of 19%, its strongest first-quarter gain since 1991. The increases replenished almost $1.85 trillion into the market since January.
JPMorgan first to pass Fed stress testPosted by RJ and Makay on Mar 13, 2012 |
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JPMorgan Chase & Co. was the first bank today to announce that Federal Reserve regulators have finished stress tests of its balance sheet and approved both a dividend increase and stock buybacks. This afternoon, the Wall Street Journal issued a WSJ Markets Alert: JPMorgan, Bank of America Pass Fed’s Stress Tests. JPMorgan said that it will up its quarterly dividend by 5 cents, to 30 cents, and buy back up to $12 billion of stock this year.
Samuel Johnson
