ADVFN - Advanced Financial Network.
HOME» NYSE » J » JPM Stock Price » JPM Stock News

Jp Morgan Chase Share News

 Jpmorgan Chase & Co. Stock Price
JPM Stock Price
 Jpmorgan Chase & Co. Stock Chart
JPM Stock Chart
 Jpmorgan Chase & Co. Stock News
JPM Stock News
 Jpmorgan Chase & Co. Company Information
JPM Company Information
 Jpmorgan Chase & Co. Stock Trades
JPM Stock Trades

Safety-Kleen Files Plans For Estimated IPO of up to $400 Million In Stock

By Melodie Warner Safety-Kleen Inc. filed plans for an initial public offering of as much as an estimated $400 million in stock. The company won't receive any proceeds from the sale, as its stockholders are selling the shares in this offering. The Wall Street Journal had reported in June that the owners of the oil recycler and industrial-parts cleaner--which include Dallas-based asset manager Highland Capital Management LP, J.P. Morgan Chase & Co. (JPM) and distressed-asset investor Contrarian Capital Management LLC--planned to offer the company for sale, while also laying the groundwork for an IPO. People familiar with the matter had told The Journal that either route would likely value the company at about $1 billion. Safety-Kleen has shifted in and out of public ownership since 1954 when Wisconsin inventor Ben Palmer launched the company with his auto-parts cleaning system--a sink mounted atop a red drum that is still common in auto-repair shops. In 2008, Safety-Kleen had previously registered for an estimated IPO of $900 million, but pulled those plans a few months later, citing market conditions. Though it is still widely known for its parts-cleaning systems, the company has expanded into industrial waste handling and oil recycling, operating used-oil refineries in Ontario and East Chicago, Ill. For the 16 weeks ended April 16, Safety-Kleen's profit increased 61% to $17.2 million while sales rose 19% to $426.6 million, according to its regulatory filing. The company intends to trade on the New York Stock Exchange under the symbol SK. Write to Melodie Warner at melodie.warner@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Jp Morgan Chase (JPM)
DateTimeHeadline
08/19/201413:05:12Apax Looking to Sell Technology Provider TriZetto -Reuters
08/12/201420:39:13Banks Retreat From Market That Keeps Cash Flowing
08/06/201414:53:29Kellogg Considering Bid for United Biscuits -Sky News
08/05/201416:10:12Trustees Seek More Time on Citigroup Settlement
08/05/201415:52:28Trustees Get Extension in Citigroup's Mortgage-Securities Settlement
07/31/201416:29:59Argentina's Markets Pull Back After Debt Default -- Update
07/29/201410:39:52JP Morgan Cuts Hundreds of Tech Staff Jobs at Investment Bank...
07/29/201407:57:16Fashion Discounter Rue La La Said Considering Sale; Gilt Interested...
07/28/201408:30:12Correction to Greenberg Story on Friday
07/25/201416:05:03Investors Pile Into Treasury Bonds on Growth Concerns -- Update
07/25/201415:05:12Former Bear Stearns Chief Alan 'Ace' Greenberg Dies -- Update
07/25/201414:00:08Former Bear Stearns Chief Greenberg Dies
07/25/201413:58:23Former Bear Stearns Chief Alan 'Ace' Greenberg Dies
07/22/201413:13:16Credit Suisse to Exit Commodities Trading
07/21/201403:20:37MARKET SNAPSHOT: Small Caps' Slump, Ukraine Fears May Hold Up...
07/18/201419:06:11J.P. Morgan Debt Indexes Won't Include New Bonds of Russian Companies...
07/17/201421:50:39J.P. Morgan Awards CEO With Stock Options
07/17/201421:07:42J.P. Morgan Gave CEO Dimon Stock Options Valued at About $36...
07/17/201417:30:19J.P. Morgan Gives CEO Dimon Stock Option of 2 Million Shares
07/17/201404:43:08South Korea Sells Shares in Industrial Bank of Korea

Jp Morgan Chase and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad