Market Minute: BlackBerry Buyout in Doubt? JPMorgan Mulls Massive Settlement Deal

BlackBerry may be back in play, and JPMorgan mulls a massive settlement deal. Those stocks and more are what's in Thursday's Market Minute.

The Dow Jones industrial average (^DJI) fell 61 points Wednesday, the Nasdaq composite index (^IXIC) slipped 7 points and the Standard & Poor's 500 index (^GPSC) lost 4. The S&P's five session losing streak -- ever since last week's record high -- is its longest this year.

BlackBerry Smartphones And U.K. Headquarters As 4.7 Billion Buyout Looms
Simon Dawson/Bloomberg via Getty Images
BlackBerry (BBRY) has canceled a planned conference call with analysts scheduled for Friday morning. That's raising concerns that the company's planned takeover by Fairfax Financial may be running into trouble. But Fairfax says it's confident it will get financing for the deal.

JPMorgan Chase (JPM) will no doubt be actively traded again today. Several news reports say the banking giant is in talks with state and federal regulators to settle a series of cases related to mortgage-backed securities, but at a huge cost: $11 billion.

J.C. Penney (JCP) is reportedly looking at ways to modify its agreement with Martha Stewart Omnimedia to resolve a long running dispute with Macy's. The Wall Street Journal says Penney may be willing to pare back on the Martha Stewart items it carries, partly because they haven't sold all that well.

Penney shares are set to slide for a second day in a row on reports the retailer may raise up to a billion dollars by issuing new stock. That dilutes the value of existing shares.

The third quarter hasn't quite come to an end, but the quarterly earnings season gets underway after today's closing bell. Nike (NKE) kicks it off for the time because it was just added to the Dow 30, and Alcoa (AA) -- the long-time pacesetter -- was dropped from the Dow.

Shares of Bed, Bath & Beyond (BBBY) are set to rise after the retailer reported a better-than-expected 11 percent earnings increase.

And Starbucks (SBUX) may be close to rolling out a carbonated drink. The company has filed to get a trademark on the name "Fizzio." It's already testing sodas in Atlanta and Austin, Texas.

-Produced by Drew Trachtenberg.

Apps That Manage Your Money For You
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Market Minute: BlackBerry Buyout in Doubt? JPMorgan Mulls Massive Settlement Deal

Mint made the Mac App Store's Best of 2012 list for a reason. This simple, clean app shows how much you are spending in each category of your budget by monitoring all of your transactions. We love signing in and getting a quick, dirty rundown of where our money has gone over the last week, and using their personalized budget tools to stay on track. We highly recommend adjusting your budgets for summer months. You might spend less on transportation when the weather is nice, and chances are you could use that extra cash to flesh out that restaurant tab, right?

Price: Free

Available for Apple and Android.

This is the all-in-one financial organizer. Manage all of your accounts, from credit cards to magazine subscriptions, in one place and even make custom accounts for your rent or cleaning service. Get reminders for bill payments, and monitor all of your travel reward points, too. You'll always know what you owe, how much money you have and can plan for upcoming bills and expenses without having to sift through tons of paperwork.

Price: Free

Available for Apple and Android devices.

If you want to isolate the expense tracker function of Mint in a super simple day-to-day app, then DailyCost is a great buy. A wide variety of categories lets users input all of their daily expenses. Holding your phone horizontally, you will be able to see graphs and statistics on your spending. The app also tracks your weekly and monthly spending by category and can be backed up to iCloud for Mac users, so you'll never lose your data.

Price: $1.99

Available for Apple only.

If you're a heavy traveler, Toshl is an excellent expense and budget tracker. It works with any currency and lets you separate your travel budget from your day-to-day expenses. It comes with all the trappings of a regular money management app, too, such as bill organizer and alerts, and can be synced across all your devices.

Price: Free

Available on Apple and Android devices.

Next time you organize a group activity, Tricount will split up the expenses for you. Create the expense report on your phone and organize by person, how much they owe, and then share via email so everyone knows their share. With options for expenses, balance, share, and configuration, the app does all of the math for you.

Price: Free

Available for Apple and Android devices.

Never miss a bill payment again. This app reminds you when your payments are due, and lets you pay on the spot from a bank account or credit card, or you can schedule a payment for the future. Connect all of your accounts to the encrypted app and then view them all in one place for easy access and payment options. You'll never overdraft or miss a payment again.

Price: Free

Available on Apple and Android devices.

Make and share payments with friends. This app uses the same technology to pay as LivingSocial, Uber and Airbnb. Pay with your debit card or transfer funds from a linked bank account, right to a friend's Venmo account. It is Verisign Certified.

Price: Free

Available on Apple and Android devices.

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NASDAQ 7,337.39 127.30 1.77%
S&P 500 2,747.30 43.34 1.60%
DJIA 25,309.99 347.51 1.39%
NIKKEI 225 21,892.78 156.34 0.72%
HANG SENG 31,267.17 301.49 0.97%
DAX 12,483.79 21.88 0.18%
USD (per EUR) 1.23 0.00 0.01%
USD (per CHF) 0.94 0.00 0.03%
JPY (per USD) 106.87 0.01 0.00%
GBP (per USD) 1.40 0.00 0.00%

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