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0 -0.000454081053468115 0.00192984447723921 -0.000340560790101046 0.00522193211488244 0.0155522760812806 0.0147122261323647 0.00976274264956294
Stock impact report

The Dow soars as coronavirus slows: April 6, 2020 [CNN]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: CNN
12 PostsSort byLatestOldestDropdown arrow1 min agoJanet Yellen: It's time to stop bank dividends. y need the cash for the crisisFrom CNN ' Matt EganJanet Yellen thinks America's banks should slam the brakes on dividends to make sure they have enough cash to deal with thecoronavirus crisis. former Federal Reserve chairwomantold CNBC regulators should ask banks to suspend both dividendsBig banks, includingJPMorgan ChaseWells FargoWFCalready halted buybacks"We need a banking system that's able to meet the credit needs of the economy," Yellen said. "And we don't know how severe or how long-lasting this pandemic will be."Bank CEOs have suggested they will be able to ride out this storm while preserving their coveted dividend payments to shareholders."Banks tend to be very reluctant to stop dividends and stock buybacks because they worry it will make them look as though they're vulnerable," Yellen said. good news is that Yellen believes America's banks entered this period in a far stronger Show less Read more
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