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Stock Market & Financial Investment News

News Breaks
October 2, 2012
05:55 EDTC, C, C, WFC, WFC, WFC, AIDIF, AIDIF, AIDIF, HEI, HEI, HEIUBM Aviation to host a conference
Aircraft & Engine Finance & Leasing Americas Conference is being held in Las Vegas on October 2-4.
News For C;WFC;AIDIF;HEI From The Last 14 Days
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May 23, 2013
16:00 EDTCOptions Update; May 23, 2013
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07:30 EDTAIDIFEU approves Lufthansa, United revenue-sharing pact, Reuters reports
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May 22, 2013
17:17 EDTHEIHEICO reports Q2 EPS 44c, consensus 40c
Reports Q2 revenue $237.7M, consensus $229.22M.
16:00 EDTCOptions Update; May 22, 2013
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15:28 EDTHEINotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Hewlett-Packard (HPQ), consensus 81c; Limited Brands (LTD), consensus 46c; Workday (WDAY), consensus (18c); PetSmart (PETM), consensus 96c; Synopsys (SNPS), consensus 63c; HEICO (HEI), consensus 40c.
09:02 EDTWFC, CFinancials 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.
07:45 EDTCCitigroup price target raised to $60 from $53 at Credit Suisse
Credit Suisse said Citigroup's International markets have had faster growth and provide a source of additional revenue opportunity. The firm expects 2013 ROE of 13.2% vs. 11.9% in 2012 and sees positive operating leverage driving improved profitability. Shares are Outperform rated.
06:12 EDTCRussia becomes a tougher market for foreign banks, Reuters reports
Foreign banks that once treated Russia as new territory where easy money could be made are now finding it a cut-throat market tougher than some bargained for, reports Reuters. While players such as Citi and Austria's Raiffeisen thrive, many have found post-Soviet Russia too hard to penetrate: rife with credit, legal and corruption risks, and dominated by state giants Sberbank and VTB.Reference Link
May 21, 2013
09:42 EDTCActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL HD MCP ABX TSLA C
07:26 EDTWFCBarclays to host a conference
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07:13 EDTWFC, CU.S. bank mergers less likely this year, Bloomberg reports
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May 20, 2013
12:32 EDTCCitigroup announces departure of CitiMortgage head, organizational changes
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11:49 EDTWFC, CWells, Citi halt most foreclosure sales amid OCC scrutiny, American Banker says
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09:40 EDTCActive equity option families trading
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07:50 EDTCGulf wealth funds raise private equity investments, Reuters reports
Sovereign wealth funds in the Gulf Arab region are increasing their allocations to private equity investments at a faster rate than other types of investment, U.S. fund manager Invesco said in a new study, reports Reuters. Large sovereign funds have been looking for alternative investments to give better returns than low-yielding staples such as U.S. Treasuries.Reference Link
May 16, 2013
08:33 EDTWFC, CBofA/Merrill's gobal financial analysts hold an analyst/industry conference call
Global Financial Institutions Analysts discuss their Global Financials Quarterly Best Ideas Report on an Analyst/Industry conference call. Relevant companies AIG, ALL, ASBC, BCH, BKU, BBT, BBD, C, CMA, EVER, FITB, FHN, FRC, FULT, HBAN, ING, KEY, MTB, PNC, RF, STI, SUSQ, SNV, HIG, USB, WFC, XL and ZION may be included on the Analyst/Industry conference call to be held on May 16 at 10 am.
07:18 EDTCInvestors bet on banks hit by credit crisis, Bloomberg reports
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06:41 EDTWFC, CBig banks to benefit from U.S. concession on derivatives, NY Times says
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May 15, 2013
17:53 EDTWFCWells Fargo confirms reinstatement of $203M judgment in overdraft case
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17:03 EDTCSoros gives quarterly update on stakes
NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF).
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