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J.P Morgan Chase Co. and Bank One Corp. announced Wednesday that they are merging in a $58 billion deal that will create the second-largest U.S. banking company.The merged company, to be headquartered in New York and retain the J.P. Morgan Chase name, will have assets of $1.1 trillion with 2,300 branches in 17 states, the two banks said in an announcement after the stock market closed.Only Citigroup, with assets of about $1.19 trillion and operations in more than 100 countries, would be bigg
stanley quencher er if the deal is approved.The agreement was unanimously approved by the boards of directors of both companies, J.P. Morgan Chase and Bank One said in a joint announcement.J.P. Morgan Chase s William B. Harrison, 60, will be chairman and chief executive officer, while Bank One CEO James Dimon will be president and chief operating officer. The 47-year-old Dimon would succeed Harrison as CEO in 2006, with Harrison continuing to serve as chairman. Bank One shares soared 10 percent in after-hours trading following initial reports of the transaction. It s a blockbuster of a transaction, said analyst Denis
stanley cup Laplante, who covers Bank One for Keefe, Bruyette Woods Inc. J.P. Morgan gets diversification out of capital markets into retail banking, and Dimon gets to run the combined company with the brokerage capability
stanley tumblers he was coveting. Bank One shareholders would receive 1.32 J.P. Morgan shares for each share they own.Based on J.P. Morgan s closing price of $39.22 on Wednesday, th Toqm Sen. Vitter Spared Stand In Escort Trial
According to Forbes, Microsoft is planning to counter Apple and
kubki stanley Google wearable ambitions with its own device in the coming weeks. Forbes says that the device will be a smartwatch that will passively track the wearer heart rate and work across several mobile platforms. Reported sources familiar with the project say that the device will actually get two full days of battery life, which would be a small bump up from current Android options. The smartwatch will reportedly launch soon after its announcement for the holidays and before Apple looming Spring 2015 deadline. We ;ve reached out to Microsoft for comment. Forbes reported exclusively in May that Microsoft was working on a wearable and Tom Hardware confirmed in June that the device would be cross platform and would arrive around October. Update: Microsoft states that they currently have no comment on the rumored wearable. The Verge Tom Warren also says that the device is a more of a fitness band with smartwatch features. Exactly
stanley cup what shape this
stanley cup device will come in is uncertain, but we ;ll most likely find out sooner rather than later. [Forbes] Image: Samsung Galaxy Gear running Windows 95 MicrosoftSmartwatch
