New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 5, 2014
09:28 EDTDB, ASH, JPMAshland enters into $750M accelerated share repurchase agreements
Ashland announced that it has entered into uncollared accelerated share repurchase, or ASR, agreements with each of Deutsche Bank AG (DB), London Branch, and JPMorgan Chase Bank, N.A. (JPM), to repurchase an aggregate of $750M of Ashland's common stock. These agreements are part of Ashland's previously announced $1.35B share repurchase program. Under the ASR agreements, Ashland has agreed to repurchase an aggregate of $750M of its common stock from Deutsche Bank and JPMorgan, with immediate delivery of an aggregate of approximately 5.9M shares expected. The term of the agreements is through June 30, 2015, although they may be completed earlier based on market conditions and other factors.
News For ASH;DB;JPM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
March 20, 2015
07:17 EDTDBDeutsche Bank investors pushing for Postbank sale, Financial Times says
Subscribe for More Information
March 19, 2015
15:29 EDTJPMJPMorgan execs 'brace' for potential investment/commercial bank cuts, FBN says
Subscribe for More Information
12:29 EDTJPMJudge dismisses lawsuit over $13B JPMorgan-Justice Dept settlement, Reuters says
A federal judge has dismissed a lawsuit that sought to block a $13B settlement reached between JPMorgan and the U.S. Justice Department over mortgage loans, reports Reuters. Judge Beryl Howell accepted a motion by the Justice Department to dismiss the lawsuit, which argued the non-profit group Better Markets lacked standing to sue. Howell said, "The plaintiff has failed to meet its burden to show it has suffered an injury in fact." Reference Link
11:53 EDTJPMU.S. banks face headwinds in unloading oil loans, WSJ says
Subscribe for More Information
11:06 EDTASHAshland management to meet with Jefferies
Subscribe for More Information
March 18, 2015
08:25 EDTJPMSamson near deal for covenant breach waiver, NY Post says
Subscribe for More Information
07:44 EDTJPMJPMorgan to purchase $45B of mortage service rights from Ocwen, NY Post says
Subscribe for More Information
March 17, 2015
16:41 EDTJPMJPMorgan formally authorizes $6.4B equity repurchase program
Subscribe for More Information
14:37 EDTJPMCiti, Barclays near $800M settelement of forex suit, WSJ says
Subscribe for More Information
13:10 EDTJPMJPMorgan could acquire Ocwen's Fannie MSR portfolio, IMF reports
Subscribe for More Information
05:34 EDTJPMJPMorgan providing financial advice to UK government to fight dementia
Subscribe for More Information
March 16, 2015
14:08 EDTDBEU regulator says time for fine-tuning, Reuters says
The Basel Committee on Banking Supervision believes the necessary bank regulatory framework is in place though some additional work must be done to finalize leverage ratio and capital floor rules, Reuters reported yesterday, citing statements by secretary-general William Coen at a financial conference in Doha. Coen added, "We're now at the state where we can take a step back and look to see how [the regulations] fit together," cautioning that further analysis must be data-driven but admitting that both banks and regulatory bodies were feeling "regulation fatigue." Publicly traded companies in the space include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), RBS (RBS) and UBS (UBS). Reference Link
09:30 EDTDBConsortium wants to securitize $5.3B of debt from GE Capital, Reuters says
Subscribe for More Information
08:28 EDTJPMJPMorgan reports February net credit losses 2.42% vs. 2.53% last month
Reports February delinquency rate 1.35% vs. 1.34% last month.
06:20 EDTJPMU.S.poised to charge JPMorgan hacking suspects, NY Times says
U.S. authorities probing last summer's cyberattack on JPMorgan are increasingly confident that they will be able to file criminal charges against perpetrators of the attack in coming months, according to The New York Times, which cited unnamed sources who have been briefed on the investigation. Several of the suspects are located in countries with whom the U.S. has extradition treaties, the newspaper explained. Reference Link
March 15, 2015
12:41 EDTDBGE sells Australia-New Zealand consumer lending unit to consortium
Subscribe for More Information
March 13, 2015
16:03 EDTASHWHO decision on BDO positive for Ashland, LyondellBasell, says Credit Suisse
Credit Suisse said it views the World Health Organization's decision for no ban or incremental monitoring on 1,4-Butanediol, or BDO, under the UN Convention on Psychotropic Substances as a positive for producers Ashland (ASH), LyondellBasell (LYB) and BASF (BASFY). The firm has an Outperform rating on Ashland.
15:40 EDTJPMDOJ sets $1B staring point in forex settlement talks with banks, Bloomberg says
Subscribe for More Information
15:22 EDTJPMDOJ starts forex manipulation settlement talks at $1B per bank, Bloomberg says
Barclays (BCS), Citi (C), JPMorgan (JPM), RBS (RBS) and UBS (UBS) are said to be probed by U.S. over currency manipulation, Bloomberg says.
09:08 EDTDBDeutsche Bank weighs change of U.S. office space, Bloomberg says
Deutsche Bank is weighing whether to leave, stay, or shrink its 1.66M square foot U.S. office at 60 Wall Street, reports Bloomberg, citing two people with knowledge of the matter. The sources said Deutsche informed landlords last year it wants "at least 1M square feet," with one source claiming the 60 Wall St. property would require extensive remodelling if the company stays. The company's lease on the property runs expires in 2022, and the company will consider skyscrapers at the World Trade Center or Hudson Yards areas, said a source. Reference Link
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use