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*Walter Bloomberg

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calendar_today03-08-2014 14:34:52

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JPMORGAN SLIDES NEARLY 4% AS CEO HINTS AT RETIREMENT

Shares of JPMorgan Chase & Co. were down on Monday after the bank's chief executive officer, Jamie Dimon, shared that the timetable for his departure has changed, indicating that he may leave the company in less than five

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❖ Grayscale Is Battling an Investor Exodus From Its GBTC Bitcoin Fund -- WSJ

❖ Grayscale CEO Michael Sonnenshein Steps Down, Company Says -- WSJ

❖ Grayscale Names Goldman's Peter Mintzberg as New CEO, Company Says -- WSJ

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❖ A GLOBAL TAX ON BILLIONAIRES? JANET YELLEN SAYS 'NO'

The U.S. opposes a proposed global wealth tax on billionaires, Treasury secretary Janet Yellen said, rejecting an idea floated by Brazil, France and other nations to tip the economic scales away from the megarich.

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BOSTIC: NUMBERS THIS YEAR SHOW INFLATION WILL COME DOWN SLOWER

BOSTIC: THINK INFLATION WILL CONTINUE TO FALL THIS YEAR, IN '25

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❖ PUTIN HELD PHONE CALL WITH ACTING PRESIDENT OF IRAN MOKHBER -RIA

❖ PUTIN AND MOKHBER STRESSED MUTUAL INTENTION TO STRENGTHEN COOPERATION -RIA

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$NVDA

❖ NVIDIA SHARES RISE 1.3% PREMARKET AFTER ATLEAST TWO BROKERAGES RAISE PT ON STOCK

❖ $NVDA: Stifel Raises target price to $1,085 from $910

❖ $NVDA: Barclays Raises target price to $1,100 from $850

❖ $NVDA: Baird Raises target price to $1,200 from $1,050

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❖ INTERNATIONAL CRIMINAL COURT ASKS FOR ARREST WARRANT AGAINST ISRAELI PRIME MINISTER NETANYAHU FOR ALLEGED WAR CRIMES

❖ INTERNATIONAL CRIMINAL COURT ASKS FOR ARREST WARRANT AGAINST ISRAELI DEFENSE MINISTER GALLANT FOR ALLEGED WAR CRIMES

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$TGT

❖ TARGET TO REDUCE PRICES ON 5,000 FREQUENTLY SHOPPED ITEMS

Target announced it will lower prices on approximately 5,000 frequently shopped items across its assortment. The retailer has just reduced prices on about 1,500 items, with thousands more price cuts planned to

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❖ 56% OF U.S. REGISTERED VOTERS SUPPORT DEPORTING MOST OR ALL IMMIGRANTS LIVING IN THE COUNTRY ILLEGALLY, REUTERS/IPSOS POLL FINDS

❖ 54% OF U.S. REGISTERED VOTERS OPPOSE HOUSING IMMIGRANTS LIVING IN THE COUNTRY ILLEGALLY IN CAMPS WHILE AWAITING REMOVAL, REUTERS/IPSOS POLL

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$AAPL

❖ Apple slashes iPhone prices in China amid fierce Huawei competition

Apple, opens new tab has launched an aggressive discounting campaign on its official Tmall site in China, offering discounts of up to 2,300 yuan ($318) on select iPhone models.
The discounting comes as

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