Matt Egan Archive

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Top Chase Directors Back Dimon as CEO, Chair

Published May 10, 2013

Two J.P. Morgan Chase directors threw their support behind Jamie Dimon as chairman and CEO of the bank as pressure from shareholders to break up the roles mounts.
U.S. Postal Service Suffers $1.9B Loss

Published May 10, 2013

Snail Mail Woes: The U.S. Postal Service said it lost $1.9 billion last quarter, underscoring the institution's dire financial state.
New Dell Buyout Proposal Emerges

Published May 10, 2013

Two of Dell Inc's largest shareholders, proposed an alternative to a $24.4 billion buyout deal led by founder Michael Dell.
Report: ESPN Eyes Subsidizing Mobile Data Plans

Published May 10, 2013

ESPN is reportedly considering subsidizing users’ wireless-data plans.
Gap's Hot April Sparks Bullish 1Q Outlook

Published May 09, 2013

The retailer revealed soaring April sales and a bullish profit outlook for the 1Q. The upbeat numbers sent shares soaring almost 7% in after-hours trading.
Has Chase's Jamie Dimon Grown Too Powerful?

Published May 09, 2013

Long seen as the unofficial king of Wall Street, Jamie Dimon’s grasp on power is now under unprecedented assault from those who fear he’s grown too dominant.
Feds Take Down Cyber Crime Ring

Published May 09, 2013

Prosecutors charged eight individuals with participating in a sophisticated campaign of cyber attacks on the global financial system that caused $45 million in losses.
Groupon Shares Rise on 1Q Results, Analyst Upgrades

Published May 09, 2013

Shares of Groupon shot up 14% as Wall Street cheered signs of progress revealed in the daily deals giant’s results.
Report: Facebook Nears Buyout of Mobile Start-Up

Published May 09, 2013

The leading social network is reportedly in talks to acquire an Israeli start-up for up to $1 billion.
Fannie Mae to Send $59.4B in Cash to Treasury

Published May 09, 2013

The mortgage-finance company operating under government control said it would pay the U.S. Treasury Department $59 billion in dividends.

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Matt Egan Archive

Get updates from Matt Egan

Top Chase Directors Back Dimon as CEO, Chair

U.S. Postal Service Suffers $1.9B Loss

New Dell Buyout Proposal Emerges

Report: ESPN Eyes Subsidizing Mobile Data Plans

Gap's Hot April Sparks Bullish 1Q Outlook

Has Chase's Jamie Dimon Grown Too Powerful?

Feds Take Down Cyber Crime Ring

Groupon Shares Rise on 1Q Results, Analyst Upgrades

Report: Facebook Nears Buyout of Mobile Start-Up

Fannie Mae to Send $59.4B in Cash to Treasury

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