JP Morgan Chase (JPM) NewsBite - JPM Rises as BSC Shareholders Approve Buyout
JP Morgan Chase (JPM) opened at $42.69. So far today the stock has hit a low of $42.29 and a high of $43.77. JPM is now trading at $43.70, up 0.84 (1.96%). After hitting a one-year high of $52.31 last May, the stock hit a one-year low of $36.01 in March. Shares of JPM are trading higher today on news that shareholders of Bear Stearns Cos. (BSC) have approved JPM's $2.2 billion buyout of the investment bank. JPM will buy BSC for about $10 a share. The deal...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)
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