News Breaks |
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| 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. |
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News For BAC;MBI From The Last 14 Days Check below for free stories on BAC;MBI the last two weeks. |
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| May 24, 2013 |
| 12:34 EDT |  | BAC | Bank of America seeking buyers for 40 branches, Bloomberg reports
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| 05:57 EDT |  | MBI | Stocks with implied volatility below IV index mean; MBI ARUN
Stocks with implied volatility below IV index mean; MBIA (MBI), Aruba Networks (ARUN) according to IVolatility. |
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| May 23, 2013 |
| 14:02 EDT | | MBI | MBIA may receive nearly $800M from ResCap, says MKM Partners
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| 10:45 EDT | | MBI | MBIA to receive claims against ResCap as part of settlement, Reuters says
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| 07:12 EDT | | BAC | Wall Street trying to use trade deals to weaken Dodd-Frank, Bloomberg reports
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| 06:08 EDT | | BAC | On the Fly: Periodicals Wrap-Up
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| 06:01 EDT | | MBI | Stocks with implied volatility below IV index mean; CSCO MBI
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| May 22, 2013 |
| 09:02 EDT | | BAC | Financials upgraded to Overweight from Market Weight at Wells Fargo
Wells Fargo believes that financials' earnings continue to be the strongest of any sector in the S&P 500. The firm thinks that the sector's stocks appear to be breaking out from a technical standpoint. Citigroup (c) and Ameriprise Financial (AMP) are on the firm's priority list. |
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| 07:22 EDT |  | BAC | Dun & Bradstreet to hold a conference
2013 Access to Capital is being held in Chicago on May 22. |
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| 05:59 EDT | | MBI | Stocks with implied volatility below IV index mean; PXP MBI
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| May 21, 2013 |
| 07:13 EDT | | BAC | U.S. bank mergers less likely this year, Bloomberg reports
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| 06:16 EDT | | MBI | Stocks with implied volatility below IV index mean; PXP MBI
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| May 20, 2013 |
| 10:11 EDT |  | BAC | On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Artisan Partners (APAM) downgraded to Market Perform from Outperform at Keefe Bruyette... Bank of America (BAC) downgraded to Market Perform from Outperform at Keefe Bruyette... Bed Bath & Beyond (BBBY) downgraded to Hold from Buy at Jefferies... BlackRock (BLK) downgraded to Market Perform from Outperform at Keefe Bruyette... Cavium (CAVM) downgraded to Market Perform from Outperform at JMP Securities... Charles Schwab (SCHW) downgraded to Underperform from Market Perform at Keefe Bruyette... Dunkin' Brands (DNKN) downgraded to Neutral from Buy at Longbow... Equifax (EFX) downgraded to Neutral from Buy at Goldman... Leap Wireless (LEAP) downgraded to Sell from Hold at Deutsche Bank... Lowe's (LOW) downgraded to Perform from Outperform at Oppenheimer... MicroStrategy (MSTR) downgraded to Market Perform from Outperform at JMP Securities... NetApp (NTAP) downgraded to Underperform from Neutral at RW Baird... NeuStar (NSR) downgraded to Neutral from Buy at Goldman... Red Hat (RHT) downgraded to Market Perform from Outperform at BMO Capital... Ruby Tuesday (RT) downgraded to Market Perform from Outperform at Wells Fargo... Synovus (SNV) downgraded to Sell from Neutral at Goldman... TD Ameritrade (AMTD) downgraded to Underperform from Market Perform at Keefe Bruyette... Thoratec (THOR) downgraded to Neutral from Buy at Goldman... CF Industries (CF) downgraded to Hold from Buy at Miller Tabak... Children's Place (PLCE) downgraded at Susquehanna... CarMax (KMX) downgraded to Market Perform from Outperform at William Blair... SanDisk (SNDK) downgraded to Neutral from Buy at Nomura... Red Hat (RHT) downgraded at BMO Capital... Rex Energy (REXX) downgraded to Hold from Buy at Stifel... Range Resources (RRC) downgraded to Hold from Buy at Stifel... Kansas City Southern (KSU) downgraded to Sell from Hold at Stifel... Capella Education (CPLA) downgraded to Hold from Buy at Stifel. |
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| 06:15 EDT | | MBI | Stocks with implied volatility below IV index mean; ARUN MBI
Stocks with implied volatility below IV index mean; Aruba Networks (ARUN), MBIA (MBI) according to IVolatility. |
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| 05:39 EDT | | BAC | Bank of America downgraded to Market Perform from Outperform at Keefe Bruyette
Keefe Bruyette downgraded Bank of America with a $13.50 price target citing valuation. |
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| May 17, 2013 |
| 16:00 EDT | | BAC | Options Update; May 17, 2013
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| 14:55 EDT |  | MBI | Bank of America reports 6.06% passive stake in MBIA
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| 10:20 EDT |  | BAC | Bank of America rises, levels to watch
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| 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. |
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| May 16, 2013 |
| 11:27 EDT | | MBI | Options with decreasing implied volatility: LNCO MBI OPK THRX SGMO
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| 07:18 EDT | | BAC | Investors bet on banks hit by credit crisis, Bloomberg reports
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| 06:41 EDT | | BAC | Big banks to benefit from U.S. concession on derivatives, NY Times says
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| 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. |
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| May 15, 2013 |
| 11:16 EDT | | MBI | Options with decreasing implied volatility: RAX CSC SPPI MBI PANL
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| 10:13 EDT | | BAC | Bank of America reports April card write-offs 4.55% vs. 4.33% last month
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| May 14, 2013 |
| 13:57 EDT | | MBI | MBIA Insurance Corp. in agreement with ResCap, Ally Financial
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| 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. |
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| 08:44 EDT | | BAC | Bank of America management to meet with Deutsche Bank
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| 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 |
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| 06:19 EDT | | BAC | Brokerage firms see market share drop, competition increase, Bloomberg reports
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| 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. |
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| 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. |
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| 11:07 EDT | | MBI | Options with decreasing implied volatility: EZCH MM MAKO MBI FOSL
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| 06:13 EDT | | MBI | Stocks with implied volatility below IV index mean; RAX MBI
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