Shares of JPMorgan Chase & Co. (NYSE:JPM) ended Wednesday session in green amid volatile trading. The shares closed up +0.38 points or 0.57% at $66.84 with 14.12 million shares getting traded. Post opening the session at $66.84, the shares hit an intraday low of $66.31 and an intraday high of $67.13 and the price vacillated in this range throughout the day. The company has a market cap of $242.41 billion and the numbers of outstanding shares have been calculated to be 3.61 billion shares.
On September 21, 2016 The JPMorgan Chase Institute released new research that explores the financial health of U.S. small businesses and reveals the cash flow challenges they face on a monthly basis. “Cash is King: Flows, Balances, and Buffer Days” reports that the median small business maintains enough cash to withstand 27 days without cash inflows to their business.
This study leverages a new JPMorgan Chase Institute small business data asset that is constructed from over 470 million anonymized and aggregated transactions conducted by 597,000 small businesses from February to October 2015.
“It is well known that small businesses are a critical driver of economic growth, but the consistency of their growth is in question if they’re living month-to-month. Before now, we had an incomplete view of the health of the small business sector,” said Diana Farrell, President and CEO of the JPMorgan Chase Institute. “Our data provides a new and more complete picture of small businesses and helps advocates develop policies to support their long-term growth.”
Using a new data asset, this report also explores key industry characteristics that help explain the drivers of cash buffers and offers new publicly available data that help provide a comprehensive view of the small business sector.
Shares of Morgan Stanley (NYSE:MS) ended Wednesday session in green amid volatile trading. The shares closed up +0.22 points or +0.69% at $31.92 with 10.07 million shares getting traded. Post opening the session at $31.84, the shares hit an intraday low of $31.50 and an intraday high of $32.06 and the price vacillated in this range throughout the day. The company has a market cap of $61.22 billion and the numbers of outstanding shares have been calculated to be 1.91 billion shares.
On September 20, 2016 Investors seeking opportunities to effectively integrate gender diversity criteria within an investment portfolio now have access to a new framework to help translate social change and greater gender equality into an actionable plan for investing.
Morgan Stanley’s Investing with Impact Platform has introduced the Gender Diversity Tool Kit. The Tool Kit is designed as a roadmap for Morgan Stanley Financial Advisors to use with individual and institutional clients to develop a tailored investment approach to integrate gender diversity criteria into their investment portfolios.
“We are pleased to provide our clients with this latest Tool Kit,” said Lily Scott Trager, Director of Investing with Impact for Morgan Stanley Wealth Management. “As an investment opportunity, gender diversity is about identifying the ways in which achieving balance in representation, empowerment and economic opportunity is material for financial outcomes. With the support of a Morgan Stanley Financial Advisor, investors can take actionable steps towards incorporating gender diversity into investment decisions in a variety of ways.”