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4. February 2010 | 10:01

Enersis Cut to ‘Neutral’ From ‘Overweight’ at JPMorgan Chase

Feb. 3 (Bloomberg) — Enersis SA was cut to “neutral” from “overweight” at JPMorgan Chase & Co. after the shares rose 32 percent in three months, outperforming Empresa Nacional de Electricidad SA and Chile’s benchmark stock index. (News Source: Bloomberg - 09:10:34)

Endesa Chile Gains to Record After JPMorgan Upgrade (Update1)

Feb. 3 (Bloomberg) — Empresa Nacional de Electricidad SA climbed to a record in Santiago trading after JPMorgan Chase & Co. upgraded Chile’s largest power producer on valuation. (News Source: Bloomberg - 22:02:09)

Bancolombia Cut to ‘Neutral’ at JPMorgan on Valuation (Update1)

Feb. 3 (Bloomberg) — Bancolombia SA , Colombia’s biggest bank, was cut to “neutral” from “overweight” at JPMorgan Chase & Co. because of its relative valuation and the “challenging” near-term earnings environment due to “sluggish” economic growth and low interest rates. (News Source: Bloomberg - 15:55:43)

UBS Upgraded at JPMorgan on Valuation, Credit Suisse ‘Top Pick’

Feb. 3 (Bloomberg) — UBS AG , Switzerland’s biggest bank by assets, was raised to “overweight” from “neutral” by JPMorgan Chase & Co., which said it’s starting to see value in some investment banks. (News Source: Bloomberg - 11:16:46)

UBS Shares Raised to ‘Overweight’ From ‘Neutral’ at JPMorgan

Feb. 3 (Bloomberg) — UBS AG was upgraded to “overweight” from “neutral” at JPMorgan Chase & Co., which said capital concerns in the banking sector in Europe are “overdone” and the investment banking sub-sector is “cheap.” (News Source: Bloomberg - 09:46:45)

Bancolombia Cut to ‘Neutral’ From ‘Overweight’ at JPMorgan

Feb. 3 (Bloomberg) — Bancolombia SA was cut to “neutral” from “overweight” at JPMorgan Chase & Co., because of its relative valuation and the “challenging” near-term earnings environment due to “sluggish” economic growth conditions and low benchmark interest rates. (News Source: Bloomberg - 08:56:08)

Judge Rejects UBS, JPMorgan Request to Halt Derivatives Hearing

Feb. 2 (Bloomberg) — A Milan judge rejected a request by UBS AG and JPMorgan Chase & Co. to halt a hearing into whether the banks should be tried for fraud in the sale of derivatives to the City of Milan. (News Source: Bloomberg - 10:26:04)

JPMorgan Chase donates $3 million to Woodall Rodgers Deck Park

The donation is largest private contribution to the development of the park, and its main lawn will be named the Chase Promenade. (News Source: Dallas Morning News - 15:58:20)

Yen to Defy BOJ Easing, Gain to 85, JPMorgan Says: Chart of Day

The Bank of Japan’s expanded lending program to fight deflation won’t stall the yen’s gain, leaving the nation’s exporters less competitive in global markets, according to JPMorgan Chase & Co. (News Source: BusinessWeek - 06:12:31)

JPMorgan Cuts MSCI China Forecast on Tightening Risk (Update1)

Feb. 2 (Bloomberg) — Chinese stocks may fall further before reaching a “bottom” in April or May as money supply growth slows and policy risks increase, JPMorgan Chase & Co. said. (News Source: Bloomberg - 02:37:49)


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