JP Morgan Chase & Co. (NYSE:JPM) support some hiring measures in Asia that are questionable which is why the company is facing investigation by the US authorities. The basis of this claim was extracted through some internal bank e-mails which were reported by Wall Street Journal in the News on Friday.

The questionable hiring case was brought to limelight when the company appointed Mr. Gao Jue despite the fact that his interview had gone extremely bad. Mr. Jue became a member of the company in the year 2007 but left in just two year’s time. During the time that he was at the company, he was known for his irresponsible and immature behaviour.

A senior banker at the company said that Mr. Jue was the worst BA applicant that the company had ever witnessed. The question arises now is why he was hired in the first place and as an answer to this question one can only note that his father was an influential man. According to the e-mails that were gained by WSJ, Mr. Jue’s father Gao Hucheng who was a commerce minister in China had offered the company his services to the company, provided that the company agreed on not terminating the appointment of his son in 2008’s series of layoffs.

Mr. Hucheng was at a good position and could prove helpful to JP Morgan which is why the company agreed to his terms. This can be proved through an e-mail which was exchanged between WSJ and Bank of China’s banking head Fang Fang. According to the e-mail, Gao Hucheng had indicated that he was ready to go out of his way to help JP Morgan. Fang Fang is not associated with the financial-services firm any more.

As if Mr. Hucheng’s interference and the inadequacy of his son was not enough, to add fuel to fire, news of Mr. Jue’s misbehaviour came to the limelight. Mr. Jue sent an e-mail to an HR employee of the company which had sexually explicit content. Although the company had no connection with the behaviour of Mr. Jue, the hiring process was not completely legal.

According to a report by WSJ the US commerce secretary, William Daley is the main person who is to be blamed for the hiring along with JP Morgan’s head of operations.

Moreover, to make things even worse, another series of e-mails were revealed that took place between Sherry Liu, a banker in Hong-Kong and Mr. Daley. In the emails Mr. Liu had written to Mr. Daley that the ministry will open ways for them to enter many significant industries in China and Daley had replied by saying that he had a very positive meeting with Mr. Hucheng.

For now, Gao Jue is working at Goldman Sachs Group (NYSE:GS). However, he is silent about the whole controversial issue. If the allegations are proved than the company will have to face a heavy fine by the US authorities. JP Morgan is having a difficult 2015. The company is facing a fine of $35.7 million for accepting payments from Genuine Title which were illegal. The company’s stock declined 0.12% on Monday.

According to analysis the cost savings will have a positive effect on the following companies:

• Ford Motor Company (NYSE:F)
• General Motors Company (NYSE:GM)
• Goodyear Tire and Rubber Co. (NASDAQ:GT)
• American Axle and Manufact. Holding Inc. (NYSE:AXL)

However, Tesla Motors Inc. (NASDAQ:TSLA) is one exception that will not be benefitting from the decrease in oil pricing.

Generally when the gas prices drop, people try to avail that time by filling up their car tanks with gas and they tend to travel more on the road. People often plan trips which results in increased usage of the vehicles and the tires. Auto-part retailers and manufacturers benefit during this time due to the increase in demand.

During this time period, Brinkman has allotted an Overweight rating with a price mark of $19 to the stock owned by Ford (NYSE:F), showing return prospect of 26.41% from Friday’s closing amount of $15.03.

Analysts have allotted an Overall rating with a price mark of $47 to General Motors’ (NYSE:GM) stock, showing an upside prospect of 43% from Friday’s closing amount of $32.81.

During the decreasing gasoline prices, both Ford (NYSE:F) as well as General Motors (NYSE:GM) have been performing really well, by fulfilling the demands of the customers as far as SUV’s and pickup trucks are concerned. This year two new mid-sized trucks are being launched by General Motors (NYSE:GM), namely Chevrolet Colorado and GMC Canyon. On the other hand Ford (NYSE:F) began to deliver its latest aluminium 2015 F-150 truck. The truck is not only lighter in weight but also has a better fuel consumption and is good for economy.

As far as Tesla (NASDAQ:TSLA) is concerned, analysts believes that the decrease in oil prices will not have much of an impact on the company.  The reason for this is that Tesla’s (NASDAQ:TSLA) present Model S sedan as well as Model X, which is due to be launched sometime next year are both directed at a slot based on their premium prices. However, it will be a major source of concern for Tesla (NASDAQ:TSLA) if the oil prices continue to be low or further fall down in the future, as it gets ready to launch its mass-market electric vehicle, Model 3 in the year 2017. Keeping the entire situation in mind, Brinkman pointed out the requirement to cut down the terminal value of cash flows for Tesla (NASDAQ:TSLA). Brinkman has a impartial rating for Tesla (NASDAQ:TSLA) stock, with $190 being the target price, showing a 13.4% downside potential from Friday’s closing amount of $219.3.

The first stock is of ASML HOLDING N.V (NASDAQ:ASML). ASML HOLDING N.V (NASDAQ:ASML) deals with designing, manufacturing and operating equipment used for the fabrication of circuits or chips all around the world. ASML HOLDING N.V (NASDAQ:ASML) is inclined towards smaller, inexpensive yet more powerful products. ASML HOLDING N.V (NASDAQ:ASML) pay its investors a small dividend of 0.7 percent. The market consensus for ASML HOLDING N.V (NASDAQ:ASML) is 93.71 dollars. ASML HOLDING N.V (NASDAQ:ASML) closed above the estimated price, at 103.86 dollars. ASML HOLDING N.V (NASDAQ:ASML) is a stock to buy because it has the ability to grow with time, as demonstrated by its ability to beat market consensus.

Nokia Corp. (NYSE:NOK) used to be one of the grandest stocks when it came to the smartphone market, but with time it has slowed down because of the influx of new, high end and innovative smartphones, especially the glorious rise of Apple. Microsoft (NASDAQ:MSFT) bought Nokia Corp. (NYSE:NOK)’s devices and services division for 7.2 billion dollars. Since then the company’s downward spiral has reversed somewhat. Nokia Corp. (NYSE: NOK) announced that the expected sales for 2015 will beat what it made this year. The market consensus price was 9.59 dollars but Nokia Corp. (NYSE:NOK) closed at 7.93 dollars. Analysts still believe that Nokia Corp. (NYSE:NOK)’s stock has the ability to surge upwards as the sales grow.

Novartis A.G. (NYSE:NVS) doesn’t need any introduction. It is the world’s biggest drug maker when it comes to sales and analysts are vouching for the pharma company to ascend in the coming times. There are numerous drugs in the pipeline, such as the blood pressure lowering drugs which has gotten positive initial reviews. The blood pressure drug could draw big money for the company. Novartis A.G. (NYSE:NVS) gives out 2.9 percent dividend to its investors. The market consensus for Novartis A.G. (NYSE:NVS) is 100.09 dollars but Novartis A.G. (NYSE:NVS) closed at 95.58 dollars.

ING provides services such as investment, life insurance, and banking for individuals, corporations and governments. The operation is retail based in Netherland, Belgium, Germany and some other countries. ING can be paid through saving accounts, products; it also offers businesses, mortgages etc.

Consensus price for ING is 14.71 dollars while ING closed at 14.28.

These aforementioned stocks, pointed by JPMorgan Chase & Co (NYSE:JPM) are capable enough to grow in the oncoming times, despite the fact that the European market is currently waning. In fact these stocks will be the reason European market starts flourishing.

-          Anadarko Petroleum Corp (NYSE:APC) is not only JP Morgan (NYSE:JPM)’s top choice, but speculations are it’s also an acquisition target. Anadarko (NYSE:APC) has earned its title as a market leader of oil and gas producers. The company functions in all areas of exploration and production in South America, Africa, Asia and New Zealand. The company pays its investors 1.18% in dividend. JP Morgan (NYSE:JPM) has set the company’s price at $114 per stock, the Thomson consensus set it at $120.96. But the actual figures that closed on Wednesday were $89.97.

-          EOG Resources Inc (NYSE:EOG) is a top producer of Eagle Ford Shale, with strong holds on Bakken and Permian Basin. It’s a good acquisition option for companies looking to expand in that region. The company recently announced a price fall from $6.9 million to $5 million for completing a well in Leonard shale at the Permian’s Delaware Basin. The investors of the company earn a tiny amount of 0.7% per dividend. JP Morgan (NYSE:JPM) set a price target of $109, the consensus was set at $117.03. But actual results on Wednesday were at $92.087.

-          Noble Energy Inc (NYSE:NBL) is a market leader with 54 % of its earnings coming from natural gas production. So the company is immune to the oil price fluctuations. It’s a company with high hopes for the future when Mexico will open doors for exploration and production purposes to foreign companies. Nobel (NYSE:NBL) investors are entitled to 1.3% of the dividend. JP Morgan (NYSE:JPM) set its price at $76, the consensus thought was of $82.12. Actual figure was of a low $57.13 on Wednesday.

-          Pioneer Natural Resources Co (NYSE:PXD) is the owner of over 20,000 locations in the world’s second largest oil reservoir. It’s a big name in the Permian Basin and the Eagle Ford with in Texas. The company is known for its low cost and high margins. JP Morgan (NYSE:JPM) set price target of $248, the consensus closed at $237.58 but the actual closing was of $178.99 on Wednesday.

-          Cimarex Energy Co (NYSE:XEC) is an independent firm operating in the Mid-Continent and Permian Basin of the US. Its plan to action towards success is to generate high economic returns on capital employed and attractive growth per share to cater to shareholder value. The company’s known for its exploration, exploitation as well as acquisitions. It also has high quality production and drilling activities and is expecting a huge return on its oil and gas sales this month. The investors earn a tiny bit of 0.6% dividend. JP Morgan (NYSE:JPM) expected $156 per share. The consensus was of $161.76 but the shares on Wednesday closed at $107.44.

Researchers have high hopes tied to the future of the solar fundamentals. They are very hopeful that items like global photovoltaic and solar gigawatt are still strong, and their growth is solid in parts of China and Japan. They also don’t believe that the demand and supply of these products is much affected. They are seeing an opportunity in the Bloomberg solar index being down by 13%. They could now purchase these stocks at much lower prices than before.

The stocks that the company is interested in are:

1. Canadian Solar Inc (NASDAQ:CSIQ), which is among the world’s largest and foremost solar power company. Canadian Solar caters to solar product and power plan needs in Europe, Africa, North America, South America, Middle East, Australia and Asia. It has also sold over 6 GW solar modules to customers in 70 countries.  JPMorgan (NYSE:JPM) analysts consider this company their number one choice, with expectations of impressive third quarter figures. JPMorgan (NYSE:JPM) has set price objective of $41 per stock. On Thursday the market closed at a low $28.11 per share.

2. Next in line is the First Solar Inc (NASDAQ:FSLR). This company deals in two areas. Firstly, components design and manufacture and also sales of solar modules. Its best seller is the CdTe module, used in conversion of sunlight into electricity for different areas of project development, system integrators and operators of PV solar power systems. The Systems segment caters to providing PV solar power solutions for engineering, procurement and construction, operating, maintenance and other investor’s service, independent power developers, commercial and industrial firms and also PV solar power owners.

JP.Morgan has its eyes set on a target price of $76, whereas the consensus target is at $67.50. But Thursday closing was at $53.99.

3. SolarCity Corp (NASDAQ:SCTY) is the next name being considered. This company has a monopoly in roof-top solar services. The company is best suited for those who aren’t willing to take risks. But it’s also predicted that the cost in the long run will increase. At this stage JPMorgan (NYSE:JPM) set its objective of $74 per share. Whereas the shares closed at $50.81.

4. SunPower Corp (NASDAQ:SPWR) offers solar power products like panels and other components and invertors. It’s a big name in designing and manufacturing roof top and ground mounted solar power and photovoltaic power plants. The company also offers additional services like maintenance, remote monitoring, inverter repair and outage restoration. The price objective is $43, which is much higher than the closing trade on at $29.15.

These are ideal times for investors to buy solar stocks as the prices are low and demand is high in both commercial and residential sectors.

However, the city and state face political risks as far as this deal is concerned as Chase wants over $1 billion in concessions while slicing its payroll in NYC. Governor Andrew M. Cuomo would most likely be under a lot of pressure from his critics if he allows substantial subsidies and incentives for being too willing to entertain corporate and real estate firms for financial assistance during re-election campaign.  While for Democrat Mayor Bill de Blasio, an opponent of corporate subsides, favoring the project would be quite tough and resisting it would put him under criticism for indifference towards city’s biggest employers.

JP Morgan Chase (NYSE:JPM), even after reducing its Concession Wish list, has maintained that the benefits due to the deal would be far greater than the value of subsidies or concessions. State officials, rejecting any possibility of $1 billion incentives at Hudson Yards, are formulating a more feasible offer even though the agreement is still uncertain.

NYC’s innovative builder, Related Companies is constructing two office towers for Time Warner and Coach at the adjacent railyards as part of its $15 billion development plan. It also possesses both the sites where Chase wants to construct towers. So the bank has to strike a deal with Related to purchase the sites without the condition that Related would construct Chase’s twin-tower headquarters.

Among the bank’s long list of concession is reduction in the mortgage recording tax, transfer tax and sales taxes on construction material. It also includes concessions like seeking job-training grants, subsidized power, financial assistance and an underground corridor interconnecting both buildings which is likely to incorporate additional changes in the newly built No 7 subway station.

In order to develop parks, new boulevard and extension of No 7 subway line to Hudson Yards, Bloomberg administration issued $3 billion bonds. They were hopeful that debt payments would be made through development fees and taxes from new towers but due to slow development, the city has to annually pay more than $130 million from its budget. Supporters of Chase (NYSE:JPM) proposal claim that city would no more be incurring debt payments if the bank’s construction is approved.

Currently, JP Morgan Chase (NYSE:JPM) headquarters is in two buildings at Park Avenue and Madison Avenue which can be sold at a premium cost. It has 20,000 corporate employees in the city excluding employees in 758 branches. JP Morgan Chase (NYSE:JPM) has been planning to move its technical and operational employees to lower-cost locations elsewhere in order to reduce its cost in New York.