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Selected NewsJPMorgan Surges After Striking Deal for Bear Stearns (Update1) (Bloomberg.com)March 17 (Bloomberg) JPMorgan Chase Co. surged in New York trading after striking a deal backed by the Federal Reserve to buy Bear Stearns Cos. for $2 a share, 90 percent less than the 85year old firms market value last week. Read more JPMorgan Agrees to Buy Bear Stearns for $240 Million (Update2) (Bloomberg.com)March 17 (Bloomberg) JPMorgan Chase Co. agreed to buy Bear Stearns Cos. for $240 million, about 90 percent less than its value last week, after a run on the company ended 85 years of independence for Wall Streets fifthlargest securities firm. Read more Blogs about Home Equity Loan Wisconsin
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