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Stock Market & Financial Investment News

News Breaks
January 4, 2013
18:30 EDTBAC, JPM, MS, C, FITBCiti to ask permission for buyback as part of stress test, WSJ reports
As part of the latest Federal Reserve stress test, Citigroup (C) plans to ask permission for a "minimal" buyback of its shares, according to a Wall Street Journal report that cites sources familiar with the company's plans. The report notes that the 19 largest U.S. banks must submit plans for the latest Fed stress test by Monday, and cites sources that say JPMorgan (JPM) will seek a dividend increase and a share repurchase program, among plans outlined for other banks. Reference Link
News For C;JPM;FITB;MS;BAC From The Last 14 Days
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February 17, 2015
10:26 EDTBACBank of America reports January default rate 2.93% vs. 3.13% last month
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09:40 EDTCActive equity options trading on open
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08:04 EDTCWuXi PharmaTech enters into loan agreement with consortium led by Citi
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06:39 EDTCBanks settle claims related to mortgage securities, Reuters says
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February 15, 2015
17:08 EDTFITBFifth Third Bancorp could reach previous high over 18-24 months, Barron's says
Fifth Third Bancorp could return to its previous high over the next 18 to 24 months with even a slight improvement in the banking climate, Barron's contends in its 'The Trader' column. Reference Link
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