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Thursday 20 August 2015
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Active Stocks Trader’s Round Up: JPMorgan Chase & Co (NYSE:JPM), TJX Companies Inc (NYSE:TJX), Corelogic Inc (NYSE:CLGX)

On Monday, Shares of JPMorgan Chase & Co (NYSE:JPM), gain 0.27% to $68.07.

The total number of shares changed hands during the day was 10.33 million. After opening at $67.62, the stock hit as high as $68.24. However, it traded between $54.26 and $70.61 over the last twelve months

JPMorgan Chase & Co. declared dividends on the outstanding shares of the following preferred stock issue:

  • Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series X in the amount of $305.00 per share (which is equivalent to $30.50 per related Depositary Share).

The dividend is payable October 1, 2015 to stockholders of record at the close of business on September 1, 2015.

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 TJX Companies Inc (NYSE:TJX), inclined 1.47% to $71.64, during its last trading session.

On the heels of last week’s lackluster retail earnings, off-price retailers TJX Companies Inc (NYSE:TJX) and Ross Stores (NASDAQ:ROST) are both predictable to report a slowdown in second-quarter earnings and revenue, according to analysts polled by Thomson Reuters.

Ross’ Q2 per-share earnings are seen climbing 9% to 62 cents, which would put a halt to a streak of five successive quarters of accelerated EPS growth. Revenue is predictable to grow almost 8% to $2.94 billion, down from 10% growth last quarter.

The Dublin, Calif.-based company, which operates more than 1,200 Ross Stores and more than 150 dd’s Discounts, reports Q2 earnings Thursday after the close. Last month, Ross opened 27 new stores, in line with its overall target to add 90 new locations in 2015.

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX Europe.

Finally, Corelogic Inc (NYSE:CLGX), ended its last trade with 1.90 % gain, and closed at $39.10.

Corelogic Inc, released its June 2015 National Foreclosure Report which shows that the foreclosure inventory declined by 28.9 percent and accomplished foreclosures declined by 14.8 percent since June 2014. The number of foreclosures nationwide reduced year over year from 50,000 in June 2014 to 43,000 in June 2015, representing a decrease of 63.3 percent from the peak of 117,119 accomplished foreclosures in September 2010, according to CoreLogic data.

As of June 2015, the national foreclosure inventory comprised of about 472,000, or 1.2 percent, of all homes with a mortgage contrast with 664,000 homes, or 1.7 percent, in June 2014. The June 2015 foreclosure rate is the lowest since December 2007.

“The foreclosure rate for the U.S. has dropped to its lowest level since 2007, supported by a ongoing decline in loans made before 2009, gains in employment, and higher housing prices,” said Frank Nothaft, chief economist for CoreLogic. “The decline has not been uniform geographically, as the foreclosure rate varies across metropolitan areas. In the Denver and San Francisco areas, the foreclosure rate has fallen to 0.3 percent, whereas in the Tampa market the rate is 3.5 percent and in Nassau and Suffolk counties it is an elevated 4.8 percent.”

CoreLogic, Inc. provides property information, analytics, and data-enabled services in North America, Western Europe, and the Asia Pacific. The company operates through two segments, Technology and Processing Solutions and Data & Analytics (D&A).

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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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