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Friday 17 July 2015
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Active Stock’s News Report: JPMorgan Chase & Co. (NYSE:JPM), ConocoPhillips (NYSE:COP), Sears Holdings Corporation (NASDAQ:SHLD)

On Thursday, Shares of JPMorgan Chase & Co. (NYSE:JPM), gained 1.04% to $66.11.

Ink from Chase, the Business Card portfolio from Chase Card Services, declared recently the rebrand and redesign of its Jot mobile application to the Ink app.

The new Ink app is designed to give small business owners more flexibility managing their business on the go. With the Ink app, business owners can receive instant purchase alerts to keep track of spending, tag purchases with customizable categories for easier reporting, use simplified organization tools such as receipt photo snapping and adjust employee spending limits in real-time.

The mobile app and online tool is exclusive to Ink from Chase cardholders and automatically syncs with chase.com, so business owners can access on-demand reporting or download receipts anytime they need. This valuable tool supports Chase’s commitment to assisting small businesses thrive.

Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (JPM), a leading global financial services firm with assets of $2.6 trillion and operations worldwide.

JPMorgan Chase & Co. provides various financial services worldwide. The company operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Administration.

Shares of ConocoPhillips (NYSE:COP), inclined 0.53% to $58.67, during its last trading session.

ConocoPhillips, will host a conference call webcast on Thursday, July 30, 2015, at 12:00 p.m. EDT to talk about second-quarter 2015 financial and operating results. The company’s earnings will be released before the market opens on July 30.

ConocoPhillips is the world’s largest independent E&P company based on production and proved reserves. Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 27 countries, $31 billion in annualized revenue, $110 billion of total assets, and about 18,800 employees as of March 31, 2015.

Finally, Sears Holdings Corporation (NASDAQ:SHLD), ended its last trade with -3.73% loss, and closed at $23.23.

Sears Holdings Corporation, declared that it closed its right offering and sale-leaseback transaction with Seritage Growth Properties, a recently formed, independent publicly traded real estate investment trust (“REIT”).

 

In the transaction, Sears sold 235 Sears- and Kmart-branded stores to Seritage together with Sears’ 50 percent interests in joint ventures with each of Simon Property Group, Inc., General Growth Properties, Inc. and The Macerich Company, which together hold an additional 31 Sears Holdings properties.

Sears Holdings received aggregate gross proceeds from the transaction of $2.7 billion, which provides the Company with improved financial flexibility to accelerate investments in its transformation to an asset light, member-centric integrated retailer.

Sears Holdings Corporation operates as a retailer in the United States. It operates in two segments, Kmart and Sears Domestic. The Kmart segment operates retail stores that offer a range of products, counting consumer electronics, seasonal merchandise, outdoor living, toys, lawn and garden equipment, food and consumables, and apparel; and in-store pharmacies.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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