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Stock Market & Financial Investment News

News Breaks
August 27, 2013
20:01 EDTBAC, FMCC, FNMABank of America mortgage suit going to trial, Reuters says
A government lawsuit accusing Bank of America (BAC) of fraud in selling toxic mortgage loans to Fannie Mae (FNMA) and Freddie Mac (FMCC) is heading to trial after the bank's bid to have the case thrown out was rejected by a judge, reports Reuters. Reference Link
News For BAC;FNMA;FMCC From The Last 14 Days
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May 19, 2015
06:24 EDTBACU.S. Bancorp and Bank of America win dismissal of mortgage claims, Reuters says
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May 18, 2015
16:00 EDTBACOptions Update; May 18, 2015
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09:46 EDTBACMPLX enters common unit sales agreement for up to $500M
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09:36 EDTBACActive equity options trading on open
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May 17, 2015
17:06 EDTFMCC, FNMANomura, RBS ordered to pay $806M to Fannie, Freddie, Reuters says
U.S. District Judge Denise Cote has ordered Nomura (NMR) and RBS (RBS) to pay a total of $806M for allegedly misleading Fannie Mae (FNMA) and Freddie Mac (FMCC), Reuters reported Friday, citing court proceedings and a person familiar with the matter. Reuters notes that Fannie is set to receive $26.6M from the ruling, while Freddie will receive $779.4M. Reference Link
May 15, 2015
16:01 EDTBACOptions Update; May 15, 2015
iPath S&P 500 VIX Short-Term Futures down 20c to 20.06 Option volume leaders: AAPL BAC FB NFLX TWTR BABA CSCO TSLA MU GILD T MSFT AMZN MCD
10:15 EDTBACBank of America reports April default rate 2.93% vs. 2.94% last month
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06:17 EDTBACBank of America CEO still struggles to move past financial crisis, WSJ reports
Five years into his job as Bank of America CEO, Brian Moynihan is still struggling to move past the financial crisis, which is testing his reputation as a "fixer" as well as the patients of investors who are concerned about his progress in turning the bank around, The Wall Street Journal reports. Reference Link
May 14, 2015
16:00 EDTBACOptions Update; May 14, 2015
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09:31 EDTFNMAJPMorgan to buy $45B in mortgage servicing rights from Ocwen
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May 13, 2015
09:39 EDTBACActive equity options trading on open
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07:29 EDTBACUBS to hold a conference
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May 12, 2015
19:52 EDTFNMA, FMCCNomura, RBS could pay $805M in mortgage ruling, Reuters says
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14:13 EDTBACBove says it may be time to buy bank stocks
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07:48 EDTFMCCStandard & Poor's to hold a summit
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May 11, 2015
16:00 EDTBACOptions Update; May 11, 2015
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15:53 EDTFMCC, FNMAJudge says Nomura misled Freddie, Fannie, HousingWire says
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09:58 EDTBACBarclays expected to pay GBP2B to settle forex rigging charges, FT says
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09:37 EDTBACActive equity options trading on open
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08:18 EDTBACBanks executives seek to push back on 'false, damaging' statements, WSJ reports
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