Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  JP Morgan Chase & Company    JPM

JP MORGAN CHASE & COMPANY (JPM)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles

JPMorgan owns 11.33 percent of Ubisoft via contracts, options

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/13/2017 | 03:39pm CEST
A J.P. Morgan logo is seen in New York City

PARIS (Reuters) - U.S. bank JPMorgan Chase & Co (>> JP Morgan Chase & Company) now indirectly owns 11.33 percent of Ubisoft (>> Ubisoft Entertainment)'s shares and 10.33 percent of voting rights, French markets authority AMF said on Wednesday.

PARIS (Reuters) - U.S. bank JPMorgan Chase & Co (>> JP Morgan Chase & Company) now indirectly owns 11.33 percent of Ubisoft (>> Ubisoft Entertainment)'s shares and 10.33 percent of voting rights, French markets authority AMF said on Wednesday.

The move occurs a little more than a week before the French video games maker's general meeting and virtually makes JPMorgan its third-largest shareholder after media giant Vivendi (>> Vivendi) and Ubisoft's founding family the Guillemots.

Vivendi and the Guillemots have been at odds for two years, as the media group's repeated attempts to get board representation at Ubisoft were vehemently opposed by the Guillemots, with the backing of several institutional investors.

Vivendi currently holds about 25 percent of Ubisoft's shares, while the Guillemots have about 15 percent, according to Reuters data.

JPMorgan, which previously held less than 1 percent of the French video game maker's shares, has essentially increased its exposure to Ubisoft by acquiring buy and sell options on the stock, according to AMF.

It also signed a contract with an Ubisoft shareholder to borrow shares and six cash-settled equity swap contracts, the French regulator added.

"This statement is purely technical, with no incidence on the vote (at the general meeting)," a spokeswoman for Ubisoft said.

(Reporting by Mathieu Rosemain and Gwenaelle Barzic; Editing by Brian Love and Leigh Thomas)

Stocks treated in this article : Ubisoft Entertainment, Vivendi, JP Morgan Chase & Company
Stocks mentioned in the article
ChangeLast1st jan.
UBISOFT ENTERTAINMENT 0.51% 98.56 Real-time Quote.52.88%
VIVENDI -0.64% 21.57 Real-time Quote.-3.17%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on JP MORGAN CHASE & COMPANY
06/18JPMORGAN CHASE & CO : Other Events, Financial Statements and Exhibits (form 8-K)
AQ
06/18CFTC orders JPMorgan to pay $65 million to settle swap rate manipulation char..
RE
06/18JP MORGAN CHASE MPANY : JPMorgan to Pay $65 Million Fine for Dollar Benchmark Ma..
DJ
06/18CHASE : ’s ‘BizMobile’ Hits the Road to Deliver Free Consultat..
BU
06/18J.P. MORGAN ASSET MANAGEMENT : Launches US REIT ETF based on MSCI US REIT Index
PR
06/18JP MORGAN CHASE MPANY : Commodity - Oil Prices Tumble, Jp Morgan Cuts Price Fore..
AQ
06/17MAGELLAN MIDSTREAM PARTNERS L P : to Participate in J.P. Morgan Energy Conferenc..
AQ
06/16Volcker 'fix' may cause new headaches for Wall Street
RE
06/16JP MORGAN CHASE MPANY : One of the biggest names in banking is coming to Charles..
AQ
06/15JP MORGAN CHASE MPANY : JPMorgan Chase Declares Preferred Stock Dividend
BU
More news
News from SeekingAlpha
06/18JPMorgan to pay $65M penalty for attempted ISDAFIX swap rate manipulation 
06/18J.P. Morgan starts US REIT ETF based on MSCI US REIT Index 
06/18DIVIDEND PORTFOLIO REVIEW : New Dividend Record 
06/183 Reasons To Buy The Best Bank In America 
06/17What's Going On With JPMorgan? 
Financials ($)
Sales 2018 110 B
EBIT 2018 46 004 M
Net income 2018 30 752 M
Debt 2018 -
Yield 2018 2,32%
P/E ratio 2018 11,95
P/E ratio 2019 11,06
Capi. / Sales 2018 3,33x
Capi. / Sales 2019 3,19x
Capitalization 367 B
Chart JP MORGAN CHASE & COMPANY
Duration : Period :
JP Morgan Chase & Company Technical Analysis Chart | JPM | US46625H1005 | 4-Traders
Technical analysis trends JP MORGAN CHASE & COMPANY
Short TermMid-TermLong Term
TrendsNeutralBearishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 120 $
Spread / Average Target 11%
EPS Revisions
Managers
NameTitle
James Dimon Chairman & Chief Executive Officer
Gordon A. Smith Co-President & Co-Chief Operating Officer
Daniel E. Pinto Co-President & Co-Chief Operating Officer
Marianne Lake Chief Financial Officer & Executive Vice President
Lori A. Beer Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
JP MORGAN CHASE & COMPANY0.90%367 375
INDUSTRIAL AND COMMERCIAL BANK OF CHINA-8.06%308 280
BANK OF AMERICA-0.81%296 880
WELLS FARGO-9.38%267 911
CHINA CONSTRUCTION BANK CORPORATION-5.86%262 973
HSBC HOLDINGS-5.75%191 959