News Breaks |
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| March 11, 2013 |
| 07:31 EDT |  | NABZY, ANZBY, BAC, HBC, MQBKY, WBK, NMR | Banks to help fund TPG’s acquisition of Inghams Enterprises, WSJ reports Several banks are helping to fund TPG Inc’s acquisition of Inghams Enterprises. Bank of America Merrill Lynch (BAC), Nomura Holdings (NMR), Macquarie Group (MQBKY), ANZ Banking Group (ANZBY), Westpac Banking Corp. (WBK), HSBC (HBC) and National Australia Bank (NABZY) are in a debt syndicate that will support the $900M transaction, sources say, reports the Wall Street Journal.Reference Link |
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News For BAC;NMR;MQBKY;ANZBY;WBK;HBC;NABZY From The Last 14 Days Check below for free stories on BAC;NMR;MQBKY;ANZBY;WBK;HBC;NABZY the last two weeks. |
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| May 20, 2013 |
| 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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| 10:20 EDT |  | BAC | Bank of America rises, levels to watch
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| 10:07 EDT |  | HBC | On The Fly: Analyst Downgrade Summary Today's noteworthy downgrades include: Actuant (ATU) downgraded to Neutral from Buy at SunTrust... Aruba Networks (ARUN) downgraded to Perform from Outperform at Oppenheimer... CAE (CAE) downgraded to Sector Perform from Outperform at RBC Capital... City Holding (CHCO) downgraded to Market Perform from Outperform at Keefe Bruyette... Deere (DE) downgraded to Sell from Neutral at Goldman... Disney (DIS) downgraded to Neutral from Overweight at Atlantic Equities... HSBC (HBC) downgraded to Neutral from Outperform at Exane BNP Paribas... L Brands (LTD) downgraded to Underperform from Hold at Jefferies... Manning & Napier (MN) downgraded to Underperform from Neutral at BofA/Merrill... MeadWestvaco (MWV) downgraded to Underperform from Sector Perform at RBC Capital... National Grid (NGG) downgraded to Neutral from Outperform at Exane BNP Paribas... Savient (SVNT) downgraded to Market Perform from Outperform at William Blair... Stryker (SYK) downgraded to Reduce from Neutral at SunTrust... TRW Automotive (TRW) downgraded to Hold from Buy at Deutsche Bank... Universal Health (UHS) downgraded to Neutral from Positive at Susquehanna... Williams-Sonoma (WSM) downgraded to Neutral from Buy at BofA/Merrill... Zimmer (ZMH) downgraded to Reduce from Neutral at SunTrust... Aviva (AV) downgraded to Underperform from Sector Perform at RBC Capital... Pandora (P) downgraded to Hold from Buy at Maxim... Lumos Networks (LMOS) downgraded to Neutral from Buy at DA Davidson... Brocade (BRCD) downgraded to Underperform from Market Perform at William Blair... Applied Materials (AMAT) downgraded to Neutral from Buy at DA Davidson... Cosi (COSI) downgraded to Market Perform from Outperform at Northland Securities. |
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| 05:23 EDT |  | HBC | HSBC downgraded to Neutral from Outperform at Exane BNP Paribas
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| May 16, 2013 |
| 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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| May 15, 2013 |
| 12:03 EDT |  | HBC | HSBC downgraded to Hold from Buy at Deutsche Bank
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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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| 06:15 EDT |  | HBC | HSBC to cut 14,000 jobs, save $3B, Bloomberg reports
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| May 14, 2013 |
| 13:53 EDT |  | HBC | HSBC subsidiary confirms review of Monaco operations In a regulatory filing, HSBC Private Banking Holdings, a wholly owned subsidiary of HSBC Holdings, confirmed that it is conducting a review of its operations in Monaco, HSBC Private Bank Monaco, as part of the HSBC Group's continuing strategic five-filter review. Following recent unsolicited expressions of interest, this may lead to the possible disposal of the business. Further announcements will be made if or when necessary. |
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| 11:20 EDT |  | NMR | Nomura volatility low as shares at 55-month high
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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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| 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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| 10:00 EDT |  | NMR | Nomura rises 8.9%
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| 09:00 EDT |  | NMR | Nomura rises 8%
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| 06:05 EDT |  | HBC | HSBC CEO Gulliver simplifies the bank, focused on growth, Reuters reports HSBC's sale of a stake in a Korean insurer last month was made with little fanfare, just one of 52 deals struck or businesses closed in the last two years by CEO Stuart Gulliver, and analysts are expecting more, reports Reuters. This week, he's expected to say he can find at least $1B more in cost savings, cut more jobs and businesses and dangle the prospect of higher dividends for investors. Reference Link |
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