JPMorgan Chase & Co (NYSE:JPM) on Wednesday said the Federal Reserve Board has not objected to the company’s adjusted 2015 capital distribution plan.As a result, JPMorgan said it plans to increase the quarterly stock dividend by four cents to $0.44 per share, effective the second quarter of 2015.The company also said it would authorize the repurchase of up to $6.4 billion of common equity between April 1, 2015, and June 30, 2016. This would include shares repurchased to offset issuances under the company’s equity-based compensation plans. On Wednesday shares of JPMorgan Chase & Co. (NYSE:JPM) closed at $60.24. Company’s sales growth for last 5 years was -4.90% and EPS growth for next 5 years is recorded as 7.13%.
On March 04, Handy & Harman Ltd. (NASDAQ:HNH), announced that its wholly owned subsidiary, Handy & Harman Group Ltd. (“HNH Group”), through one of HNH Group’s subsidiaries, HNH Group Acquisition LLC (the “Purchaser”), has extended the expiration of its previously announced tender offer to purchase common stock of JPS Industries, Inc. (Pink Sheets:JPST) (the “Company” or “JPS”), to 5:00 p.m., New York City Time, on March 23, 2015, unless further extended. Handy & Harman Ltd. (NASDAQ:HNH) in last trading activity advanced 7.40% to close at $42.11. Company weekly performance is -3.37% while its quarterly performance stands at 10.52%. Handy & Harman Ltd. (NASDAQ:HNH) is -13.83% away from its 52 week high.
MLV & Co reissued their hold rating on shares of EV Energy Partners, L.P. (NASDAQ:EVEP) in a research report sent to investors on Friday morning.On last trading day EV Energy Partners LP (NASDAQ:EVEP) advanced 0.70% to close at $14.31. Its volatility for the week is 3.88% while volatility for the month is 5.74%. EVEP’s sales growth for past 5 years was 22.70% and its EPS growth for past 5 years was 61.20%. EV Energy Partners LP (NASDAQ:EVEP) monthly performance is -23.48%.
Verizon Communications Inc. (NYSE:VZ) confirmed that the Nexus 6 will be up for sale online starting this Thursday and in stores as of next Thursday, March 19. Buyers can pick up the phone for $250 under the standard two-year agreement or for $27.08 per month for 24 months via the Verizon Edge option. Verizon Communications Inc. (NYSE:VZ) has 0.01% insider ownership while its institutional ownership stands at 64.50%. In last trading activity company’s stock closed at $47.68.
On last trading day AG Mortgage Investment Trust, Inc. (NYSE:MITT) advanced 0.22% to close at $18.42. Its volatility for the week is 1.50% while volatility for the month is 1.22%. MITT’s EPS growth for past 5 years was -12.79%. AG Mortgage Investment Trust, Inc. (NYSE:MITT) monthly performance is 0.99%.