New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 19, 2014
11:35 EDTBAC, AIGCourt says BofA not liable for aliegedly concealing AIG case, Reuters reports
A federal appeals court said Bank of America (BAC) was not liable to shareholders for allegedly concealing a $10B fraud lawsuit by AIG (AIG), reports Reuters. The court found that the bank believed no disclosure was necessary in light of "information already in the marketplace, the aggregate disclosure of findings, and the lack of any definitive regulatory requirement requiring the disclosure of a possible lawsuit of indeterminate amount." Reference Link
News For BAC;AIG From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 24, 2014
07:01 EDTBACFed could further restrict banks' commodities businesses, NY Times says
Subscribe for More Information
06:26 EDTBACFaith-based investors ask BofA to split chairman, CEO roles, WSJ reports
Subscribe for More Information
November 21, 2014
07:24 EDTBACBB&T CEO says 'banks lending recklessly' again, Reuters reports
Subscribe for More Information
November 20, 2014
07:23 EDTBACBoston Security Analysts Society to hold a conference
Sustainable Investing: Taking the Long View is being held in Boston on November 20.
07:11 EDTBACBofA/Merrill to hold a conference
Subscribe for More Information
November 19, 2014
07:51 EDTBACClearing House Payments Company to hold a conference
Subscribe for More Information
November 17, 2014
10:15 EDTBACBank of America reports October default rate 2.81% vs. 2.93% last month
Reports October delinquency rate 1.94% vs. 1.92% last month.
November 14, 2014
17:13 EDTAIGAppaloosa gives quarterly update on stakes
NEW STAKES: NXP Semiconductors (NXPI), Lorillard (LO), Alibaba (BABA), and Shire (SHPG). INCREASED STAKES: Whirlpool (WHR), Priceline (PCLN), Delta (DAL), CBS (CBS), and General Motors (GM). DECREASED STAKES: American Airlines (AAL), Disney (DIS), Apple (AAPL), MGM Resorts (MGM), and Eastman Chemical (EMN). LIQUIDATED STAKES: Expedia (EXPE), AIG (AIG), Prudential (PRU), Celanese (CE), and ASML Holding (ASML).
16:58 EDTAIGThird Point gives quarterly update on stakes
NEW STAKES: Alibaba (BABA), eBay (EBAY), Bed Bath & Beyond (BBBY), Shire (SHPG), and Parker Hannifin (PH). INCREASED STAKES: Actavis (ACT), Amgen (AMGN), EQT (EQT), Sensata (ST), Coca-Cola Enterprises (CCE). DECREASED STAKES: Williams Cos (WMB), Ally Financial (ALLY), Cheniere Energy (LNG), YPF (YPF), and FedEx (FDX). LIQUIDATED STAKES: AIG (AIG), T-Mobile (TMUS), Rackspace (RAX), Hertz (HTZ), and Citrix Systems (CTXS).
November 12, 2014
16:23 EDTBACOn The Fly: Closing Wrap
Subscribe for More Information
12:38 EDTBACOn The Fly: Midday Wrap
Subscribe for More Information
10:14 EDTBACOCC fines Bank of America, Citigroup, JPMorgan $950M over FX trading
Subscribe for More Information
07:28 EDTBACBofA/Merrill to hold a conference
Subscribe for More Information
November 11, 2014
11:56 EDTBACAmerican Commercial weighs sale with value of over $1B, Financial Times says
Subscribe for More Information
06:59 EDTBACBank of America's head of FICC trading to retire by year-end, WSJ reports
Bank of America's head of global fixed income, currencies and commodities trading trading, David Sobotka, will retire by year-end, the Wall Street Journal reports, citing an internal memo sent to employees. Sobotka is planning to take some time off before deciding on his next steps. Sources say BofA will name Sobotka's replacement by the end of the year. Reference Link
November 10, 2014
06:53 EDTBACBank of America, U.S. Bancorp settle bond trustee class action, Reuters says
Subscribe for More Information
06:46 EDTBACRegulators set new capital buffer rule for banks, Reuters reports
Global banks should have buffers of bonds or equity worth 16%-20% of their risk-weighted assets, beginning in January 2019, The Financial Stability Board decided, according to Reuters. The board said the buffer would prevent the need for government bailouts, the news service explained. Publicly traded global banks include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) Wells Fargo (WFC), 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

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