Sunday, May 19

JPMorgan Chase & Co. Plans to Open Branches on Labor Day, Comcast Corporation to Participate in Bank of America Conference

JPMJPMorgan Chase & Co. (NYSE:JPM) has announced that it has decided to keep opened about 20 branches across the state on Labor Day. This decision has been taken to help Louisiana to recover expeditiously from Hurricane Isaac.

In addition company also intends to set up tents outside the branches to cheer up those home customers that are coming back after the intense evacuation.

For those who need to recharge their communication devices and mobile phones Chase employees will be there to provide power strips. Moreover, bankers will be available with helpful accessories like flashlights, bottled water and other stuff including battery powered radios and fans.

Company has also decided to extend waiver on ATM, late fees and overdraft for the whole Labor Day weekend for Louisiana and Mississippi customers.

The financial services giant did well on the trading floors. During last trade JPM closed $ 37.14 after touching intra-day high of $ 37.40 a share. Company’s intra day range remained $ 36.86 to $37.4 with its market capitalization touching $141.09 billion.

The share price of the JPM is ahead of its 20 days SMA (simple moving average) by 0.12% and also above its 50 days SMA by 3.31%. However company’s current share price is above its 52 week low by 36.33% and below from its 52 week high by 18.91%. JPM holds nearly 3.80 billion shares outstanding while its shares float touches nearly 3.78 billion.

Comcast Corporation (NASDAQ:CMCSA) recently disclosed that its Executive Vice President Stephen B. Burke has been scheduled to participate in the Bank of America Merrill Lynch Media, Communications and Entertainment Conference in Beverly Hills, California. Stephen Burke also holds position of CEO at NBCUniversal.

The conference will be held on Thursday, September 13, 2012. On its official website company will provide the live webcast of the event under the investor relations head at www.cmcsa.com or www.cmcsk.com on Thursday, September 13, 2012 at 11:45 AM Eastern Time. Moreover, replay of conference will be provided on demand right after the conclusion of the presentation.

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