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News For BAC;WFC From The Last 14 Days Check below for free stories on BAC;WFC the last two weeks. |
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| June 10, 2013 |
| 16:21 EDT |  | BAC | Fifth Third Bancorp names Frank Forrest as Chief Risk and Credit Officer
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| 11:52 EDT |  | BAC | Telefonica seeks bids for Irish unit during June, Bloomberg says
Telefonica (TEF) is said to be seeking offers for its Irish unit, 02, within this month, reported Bloomberg, citing two people with information on the matter. The sale process is being run by Bank of America (BAC) and Hutchison Whampoa, Eircom Group and Liberty Global’s (LBTYA) UPC Ireland were among those that received sale information, one source said. Reference Link |
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| 10:00 EDT | | BAC | Bank of America Merrill Lynch expands transaction services in Canada
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| June 7, 2013 |
| 16:14 EDT | | WFC | Former Wells Fargo unit reaches agreement with Fed on mortgage loans
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| 10:11 EDT |  | BAC | On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: ARM Holdings (ARMH) initiated with a Hold at Topeka... American Software (AMSWA) initiated with a Buy at B. Riley... Amkor Technology (AMKR) initiated with a Buy at Topeka... Applied Micro Circuits (AMCC) initiated with a Hold at Topeka... Bank of America (BAC) initiated with an Underperform at Macquarie... Boulder Brands (BDBD) initiated with an Outperform at Imperial Capital... Broadcom (BRCM) initiated with a Buy at Topeka... Cadence Design (CDNS) initiated with a Buy at Topeka... Citigroup (C) initiated with an Outperform at Macquarie... Consolidated Water (CWCO) initiated with a Buy at Roth Capital... Cornerstone OnDemand (CSOD) initiated with an Equal Weight at Stephens... Crosstex Energy LP (XTEX) initiated with a Buy at Citigroup... Demandware (DWRE) initiated with an Overweight at Stephens... Freescale (FSL) initiated with a Buy at Topeka... Garmin (GRMN) initiated with an Outperform at Raymond James... Goldman Sachs (GS) coverage resumed with a Neutral at Macquarie... Mellanox (MLNX) initiated with a Hold at Topeka... Morgan Stanley (MS) initiated with an Outperform at Macquarie... Myriad Genetics (MYGN) initiated with a Buy at Cantor... NXP Semiconductors (NXPI) initiated with a Buy at Topeka... Piedmont Natural Gas (PNY) initiated with a Hold at BB&T... Platinum Group (PLG) initiated with an Outperform at BMO Capital... Qualcomm (QCOM) initiated with a Hold at Topeka... Rambus (RMBS) initiated with a Buy at Topeka... Spreadtrum (SPRD) initiated with a Buy at Topeka... Steven Madden (SHOO) initiated with an Overweight at Piper Jaffray... Take-Two (TTWO) initiated with a Buy at Stifel... Wolverine World Wide (WWW) initiated with a Neutral at Piper Jaffray. |
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| 08:17 EDT | | BAC | PIMCO supports BofA's $8.5B mortgage settledment, Bloomberg reports
Bank of America's (BAC) $8.5B mortgage-bond settlement is “outstanding” for investors, says Kent Smith, an executive VP at Pimco who helped negotiate the agreement, and who testified in a trial over the agreement, reports Bloomberg. The settlement was reached after an investor group that included Pimco and BlackRock (BLK) at first demanded $12B. The accord resolves claims from Countrywide Financial mortgage-bond investors over loans bundled into securities. AIG (AIG) is fighting the settlement, saying Bank of America isn’t paying enough to compensate investors. Reference Link |
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| 06:43 EDT | | BAC | Bank of America initiated with an Underperform at Macquarie
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| 06:09 EDT | | BAC | Top rated BofA Merrill analyst Nakanishi to leave firm, Bloomberg reports
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| June 6, 2013 |
| 16:01 EDT |  | BAC | Options Update; June 6, 2013
CBOE Volatility Index VIX down 72c to 16.78. Option volume leaders: AAPL TSLA GOOG C MRK BAC according to Track Data. |
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| 14:13 EDT | | BAC | Walter Investment unit enters master repurchase agreement with Bank of America
Walter Investment Management (WAC) disclosed in a regulatory filing that on May 31 its wholly owned indirect subsidiary Green Tree Servicing entered into a Master Repurchase Agreement, or “Warehouse Agreement," with Bank of America. In addition, pursuant to the terms of their agreement, the company provided Bank of America with a guaranty in order to support Green Tree’s obligations under the agreement. The agreement provides for a maximum aggregate purchase price of $500M, $250,000 of which is provided by Bank of America on a committed basis, the filing stated. |
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| 12:06 EDT | | WFC | Wells Fargo settles foreclosure-upkeep case for $42M, WSJ says
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| 07:01 EDT | | WFC | Wells Fargo volatility increases as shares pullback
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| 06:51 EDT | | BAC | Bank of America volatility flat as shares pullback
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| 06:09 EDT | | WFC | NAB seeks U.S. loan market tie-up with Wells Fargo, Reuters reports
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| 06:06 EDT | | BAC | CIT's Thain regrets selling Merrill Lynch to Bank of America, WSJ reports
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| June 5, 2013 |
| 16:01 EDT | | BAC | Options Update; June 5, 2013
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| 07:29 EDT |  | WFC | Deutsche Bank to host a conference
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| 07:11 EDT | | BAC | Wall Street cools on natural gas, WSJ reports
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| 06:09 EDT | | BAC | AIG says $8.5B settlement with BofA not big enough, Reuters reports
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| 06:03 EDT | | BAC | On the Fly: Periodicals Wrap-Up
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