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
03/04/201512:47:50Negative Interest Rates Yield Positive Results--So Far
03/03/201518:18:11J.P. Morgan, Justice Department Reach $50 Million Robo-signing...
03/03/201517:58:09J.P. Morgan, Justice Department Reach $50 Million 'Robo-signing...
03/03/201517:54:27J.P. Morgan, Justice Department Reach $50 Million 'Robosigning...
03/02/201519:13:26Costco Names Citi, Visa as New Credit Partners -- 4th Update
03/01/201512:59:48Samsung Looks to Outsmart Apple, Google on Mobile Payments
02/26/201520:07:03J.P. Morgan Emerges as CEO Breeding Ground
02/26/201520:05:14J.P. Morgan's CEO Bloodline
02/26/201519:27:10Plan to Sell Argentine Debt Collapses -- Update
02/26/201517:16:40Two Bank of America Directors Won't Seek Re-Election
02/26/201511:58:29New Standard Chartered Head Bill Winters Draws Rave Reviews
02/26/201511:34:54Standard Chartered CEO Peter Sands to Step Down -- 3rd Update
02/26/201507:23:49New Standard Chartered Head Has Cautious Image
02/26/201507:20:10Standard Chartered CEO to Step Down
02/26/201506:46:46Standard Chartered CEO Peter Sands to Step Down -- 2nd Update
02/26/201504:42:29Standard Chartered CEO Peter Sands to Step Down -- Update
02/25/201519:03:11Morgan Stanley to Pay $2.6 Billion to Settle Mortgage Cases...
02/25/201515:42:57Urwin to Join Deutsche Bank as Co-Head of Corporate Banking...
02/24/201521:11:21J.P. Morgan to Reduce Up to $100 Billion in Certain Deposits...
02/24/201518:30:13Correction to Story on J.P. Morgan's Auto Loan Pricing

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