Monday, August 19, 2013
More Bad Press for JPMorgan | Investor Beat 8/19/13 | The Motley Fool
In Monday's edition of Investor Beat, host Alison Southwick and analysts Jason Moser and Matt Koppenheffer dissect the hardest-hitting investing stories of the day.
The SEC announced today they are investigating JPMorgan for offering jobs to the children of high ranking Chinese officials in exchange for preferential treatment. In our lead story on Investor Beat, Matt and Jason discuss whether this is a reason to invest elsewhere.
Also, at 2:36, our analysts take a look at four stocks that made big moves on Monday. Zillow announces a new acquisition and plans to offer 2.5 million new shares. Barnes and Noble makes Nook Video compatible with iOS and Android. LinkedIn is targeting teens. And Cobalt Energy hits sand instead of oil with well in the Gulf.
Finally, at 5:40, Jason and Matt tell investors why they'll be watching shares of JPMorgan and J.C. Penney very closely in the week ahead.