Stocks to watch: JPMorgan, RIM

The investment bank says it will improve risk management, while the BlackBerry maker could split in two.

By MSN Money Partner Jun 25, 2012 8:46AM
By Joseph Woelfel, TheStreet.com

JPMorgan Chase (JPM) will improve risk management of its Chief Investment Office, the unit that racked up more than $2 billion of trading losses, while avoiding big bets on derivative and private-equity investments, The Wall Street Journal reported, citing people close to the bank. But the CIO intends to stick with a strategy permitting a wide variety of other, potentially risky investments, the people told the newspaper.

An internal review by senior bankers of what went wrong isn't complete, but early conclusions focus on improving the unit's risk-management processes rather than curtailing investment options or broadly reining in risk, people close to the matter said.

Research In Motion (RIMM), the BlackBerry maker, could split its business in two by separating its handset manufacturing unit from its messaging network, according to The Sunday Times, which didn't cite sources.

RIM may break off the handset division into a separate listed company or try to sell it, the British newspaper said. Amazon (AMZN) or Facebook (FB) were listed as potential buyers, The Sunday Times said.


Anheuser-Busch InBev (BUD), the world's biggest brewer, is in talks to buy the 50% of Corona beer maker Grupo Modelo that it doesn't already own, Reuters reported, citing a person familiar with the matter. The deal could be valued at more than $10 billion, Reuters said.


Apollo (APOL), the private-education provider, is expected by analysts Monday to post quarterly earnings of 97 cents a share on revenue of $1.1 billion.


H.B. Fuller (FUL), the specialty chemicals maker, is seen posting quarterly profit of 55 cents a share on revenue of $536.2 million.

0Comments

DATA PROVIDERS

Copyright © 2013 Microsoft. All rights reserved.

Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.

Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.

Japanese stock price data provided by Nomura Research Institute Ltd.; quotes delayed 20 minutes. Canadian fund data provided by CANNEX Financial Exchanges Ltd.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

127
127 rated 1
269
269 rated 2
463
463 rated 3
588
588 rated 4
658
658 rated 5
616
616 rated 6
643
643 rated 7
431
431 rated 8
263
263 rated 9
138
138 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
COPConocoPhillips10
NWSNews Ord Shs Class B10
YHOOYahoo! Inc10
TJXTJX Companies Inc9
AMXAmerica Movil ADR Rep 20 Ord Shs Series L9
More

LATEST POSTS

Scary story: the 2013 market looks like 1987

All hail the bull market, which ended the week with a big rally. But it also is starting to look a little like 1987, which suffered an epic blow-out.

Fidelity Brokerage Services, Member NYSE, SIPC. (c) 2011 FMR LLC. All rights reserved

VIDEO ON MSN MONEY

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.