In this edition of Investor Beat, host Chris Hill and Motley Fool analysts Matt Koppenheffer and David Hanson dissect the hardest-hitting investing stories of the day.
JPMorgan CEO Jamie Dimon met with Attorney General Eric Holder today, to discuss a possible settlement to end criminal and civil charges against the bank. The cost to JPMorgan, however, may be upwards of $11 billion. In today's lead story on Investor Beat, Matt and David discuss why a fine greater than an entire quarter of JPMorgan's earnings didn't drag down the stock, and whether they think this big bank is a buy today.
Then, at 2:10 the guys take a look at four stocks making big moves on the market today. Bed Bath & Beyond hits an all-time high after 2nd-quarter profits rose 11%. Hertz takes a tumble after the company cut guidance for the rest of the year. J.C. Penney rebounds from its 13-year low yesterday, and was the most traded stock on Wall Street. And KiOR, a renewable fuels company based in Texas, is up huge today, on news that the company received a $50 million commitment from investor Vinod Khosla, intended to double the company's production capacity.
Finally, at 4:56 Matt and David tell investors why they'll be watching shares of Diamond Foods and Two Harbors Investment Corp this week.
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