Stock Market & Financial Investment News

News Breaks July 31, 2012 10:27 EDT BAC, MBI BTIG continues to expect Bank of America to settle with MBIA BTIG expects Bank of America (BTIG) to settle its litigation with MBIA (MBI) given risks that court rulings will emerge that would require Bank of America to increase its mortgage pubacks reserve from $15.9B to something as much as $80B or more. The firm notes this would impact CEO Brian Moynihan's credibility since he promised to put the Countrywide issues behind the company. Shares of MBIA are Buy rated. News For BAC;MBI From The Last 14 Days Check below for free stories on BAC;MBI the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. 1 | 2 | 3 | 4 | all recent news | >> May 17, 2013 16:00 EDT BAC Options Update; May 17, 2013 Subscribe for More Information 14:55 EDT MBI Bank of America reports 6.06% passive stake in MBIA 10:20 EDT BAC Bank of America rises, levels to watch Subscribe for More Information 06:35 EDT MBI Stocks with implied volatility below IV index mean; CSCO MBI Stocks with implied volatility below IV index mean; Cisco (CSCO), MBIA (MBI) according to IVolatility. May 16, 2013 11:27 EDT MBI Options with decreasing implied volatility: LNCO MBI OPK THRX SGMO Subscribe for More Information 07:18 EDT BAC Investors bet on banks hit by credit crisis, Bloomberg reports Subscribe for More Information 06:41 EDT BAC Big banks to benefit from U.S. concession on derivatives, NY Times says Subscribe for More Information 05:56 EDT MBI Stocks with implied volatility below IV index mean; RAX MBI Stocks with implied volatility below IV index mean; Rackspace (RAX), MBIA (MBI) according to IVolatility. May 15, 2013 11:16 EDT MBI Options with decreasing implied volatility: RAX CSC SPPI MBI PANL 10:13 EDT BAC Bank of America reports April card write-offs 4.55% vs. 4.33% last month Subscribe for More Information May 14, 2013 13:57 EDT MBI MBIA Insurance Corp. in agreement with ResCap, Ally Financial Subscribe for More Information 10:53 EDT BAC Bank of America breakout continues, levels to watch The breakout back above what was persistent resistance at the $12.50 area has now taken on a firmer bullish footing. Shares are trading at multi-year highs, last at $13.25. At that price, resistance is now at $13.56 and then at $13.84. Support is at $13.01. 08:44 EDT BAC Bank of America management to meet with Deutsche Bank Subscribe for More Information 08:33 EDT BAC CFTC investigates swap contracts, FT reports The Commodity Futures Trading Commission issued a “special call” asking Wall Street banks and other traders to provide documents that would prove recent derivatives transactions known as “exchanges of futures for swaps” were legal. Lawyers at the CFTC enforcement division are also scrutinizing the trades for possible violations. The probe is into the legitimacy of more than 1M energy and metals transactions by the biggest traders in commodities markets over the past two years.Reference Link 06:19 EDT BAC Brokerage firms see market share drop, competition increase, Bloomberg reports Subscribe for More Information 06:15 EDT MBI Stocks with implied volatility below IV index mean; RAX IBM Stocks with implied volatility below IV index mean; Rackspace (RAX), MBIA (MBI) according to IVolatility. May 13, 2013 15:04 EDT BAC Fed says large banks must submit midyear stress tests on July 5 Eighteen large U.S. bank holding companies are required to submit the results of their company-run, midyear stress tests to the Federal Reserve on July 5, the Federal Reserve said. The Dodd-Frank Wall Street Reform and Consumer Protection Act required that large bank holding companies and non-bank financial institutions that are designated for Federal Reserve supervision by the Financial Stability Oversight Council conduct two stress tests each year. In the midyear test, which is being conducted for the first time in 2013, each firm develops its own baseline, adverse, and severely adverse scenarios to best reflect its individual operations and risks. Each firm in the midyear test is required to release the results produced under its severely adverse scenario, helping promote market discipline and understanding of the financial conditions and risks of individual firms, between September 15 and September 30, the Fed added. 11:07 EDT MBI Options with decreasing implied volatility: EZCH MM MAKO MBI FOSL 06:13 EDT MBI Stocks with implied volatility below IV index mean; RAX MBI Subscribe for More Information May 10, 2013 16:01 EDT MBI Options Update; May 10, 2013 CBOE Volatility Index VIX down 56c to 12.57. Option volume leaders: BIDU AAPL TSLA GOOG C MBI MGM according to Track Data. 1 | 2 | 3 | 4 | all recent news | >> Sign up for a free trial to see the rest of the stories you've been missing.