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Stock Market & Financial Investment News

News Breaks
February 25, 2014
07:08 EDTBLK, AIG, BAC, CSCOBofA/Merrill to host a conference
2014 The Power of Connecting: Women in Investor Relations and Investment Management is being held in New York on February 25.
News For BAC;BLK;CSCO;AIG From The Last 14 Days
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July 27, 2015
08:33 EDTBACBank of America increases environmental initiative from $50B to $125B
Bank of America said it has pledged to increase the companyís current environmental business initiative from $50B to $125B in low-carbon business by 2025 through lending, investing, capital raising, advisory services and developing financing solutions for clients around the world.
06:26 EDTBLKSymphony Communication eyes $1B funding round, WSJ reports
Symphony Communication Services, an instant-messaging software company backed by Wall Street firms including Goldman Sachs (GS), is eyeing an investment round that may value it at as much as $1B, the Wall Street Journal reports, citing people familiar with the matter. The startup is canvassing a range of possible new investors, including venture-capital funds and additional financial firms, the report says. Symphony also wants funds from its existing backers, including Goldman, Morgan Stanley (MS), JPMorgan Chase (JPM), and BlackRock (BLK), the report says. Reference Link
July 26, 2015
15:07 EDTCSCOCisco CEO to add 'key external hires' to management team, Barron's says
Cisco CEO Chuck Robbins told Barron's in an interview that "I think itís fair to say I bring the ability to move faster [than predecessor John Chambers] just in how I structure the teams and how I will interact with them," adding that he plans "some key external hires," potentially in cloud computing and security. The publication notes that shares of Cisco could jump "sharply higher" if investors start looking at Cisco's potential strength in the Internet-of-Things space. Reference Link
14:44 EDTCSCOAmazon cloud sales signal risk for traditional data storage, Barron's says
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July 24, 2015
14:01 EDTBACBank of America's Lynch to step down as general counsel, Bloomberg reports
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09:36 EDTBACActive equity options trading on open
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07:33 EDTBLKSolar Power sells UK solar project to fund managed by BlackRock
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06:17 EDTCSCOCisco new CEO says to exit Q4 with headcount up
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July 23, 2015
07:15 EDTBACBank of America could underperform after executive changes, says Wells Fargo
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06:15 EDTCSCOTechnicolor to acquire Cisco's connected devices unit for EUR550M
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July 22, 2015
18:59 EDTBACBank of America announces CFO Bruce Thompson to step down
Bank of America announced that CFO Bruce Thompson has decided to step down after more than five years as Chief Risk Officer and Chief Financial Officer. Paul Donofrio, who has been with Bank of America since 1999 and has 25 years of global corporate and investment banking experience, will become CFO, effective August 1. Additionally, Global Human Resources executive Andrea Smith will assume a newly created position as Chief Administrative Officer. Replacing Smith as Global Human Resources executive is Sheri Bronstein.
18:37 EDTBACBank of America CFO Bruce Thompson to step down, WSJ reports
Bank of America CFO Bruce Thompson is leaving the bank, according to an internal memo, and will be replaced with Paul Donofrio, the Wall Street Journal reports. Reference Link
July 21, 2015
16:01 EDTBACOptions Update; July 21, 2015
iPath S&P 500 VIX Short-Term Futures down 13c to 16.20. Option volume leaders: AAPL BAC FB BAC MSFT NFLX AMD IBM CHK
14:24 EDTCSCOEarnings Watch: EMC reports amid M&A speculation in sector
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09:35 EDTBACActive equity options trading on open
Active equity options trading on open: AAPL FB IBM TSLA BAC PVA NFLX
06:57 EDTBLKBlackRock wins license to raise funds in China, Reuters reports
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July 20, 2015
16:01 EDTBACOptions Update; July 20, 2015
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13:03 EDTBACFed proposes final rule on capital surcharges for largest U.S. banks
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09:34 EDTBACActive equity options trading on open
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09:34 EDTBLKHalliburton sees significant runway for refrack in the future
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