|
|
News Breaks | | | | September 12, 2012 | | 06:12 EDT |  | CLD, VOD, C, WFC, BAC, JPM, KKR, JRCC, ANR, CNX, BTU, ARLP, ACI, WLT, VZ | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: An increasing number of coal-fired plants that were built to run around the clock, seven days a week, now may run only occasionally because of soft demand for electricity and competition from gas-fired plants that are cheaper to run and cleaner to operate, the Wall Street Journal reports...Two public pension funds--the $13.7B Kentucky Retirement Systems and the $20B Alaska Retirement Management Board--have expressed concerns that KKR’s (KKR) upcoming takeover of Prisma Capital Partners LP might hurt the asset manager's returns, the Wall Street Journal reports...REUTERS: U.S. retail sales should increase 3.3% for the 2012 holiday season, on what is expected to be the first increase in shopper traffic since 2007, according to a forecast from research firm ShopperTrak released today, Reuters reports...Four major U.S. banks--JPMorgan Chase (JPM), Bank of America (BAC), Wells Fargo (WFC) and Citigroup (C)--are in talks to link their digital payment systems to allow more consumers to easily transfer money with mobile phone messages and emails instead of cash and checks, Reuters reports... BLOOMBERG: German government bonds declined as the country’s Constitutional Court allowed Europe’s permanent bailout fund to be ratified with conditions, curbing demand for the securities as a refuge, Bloomberg reports...Vodafone (VOD) investors waiting for Verizon Communications (VZ) to approve a dividend from their U.S. mobile-phone venture will have to hold out longer, sources say, as Verizon Wireless’s board doesn’t plan to discuss a potential dividend at a September 19 meeting, Bloomberg reports. | |
|
News For CLD;WLT;ACI;ARLP;BTU;CNX;ANR;JRCC;KKR;JPM;BAC;WFC;C;VOD;VZ From The Last 14 Days Check below for free stories on CLD;WLT;ACI;ARLP;BTU;CNX;ANR;JRCC;KKR;JPM;BAC;WFC;C;VOD;VZ the last two weeks. |
|
|
| May 24, 2013 | | 15:28 EDT |  | JRCC | Silverback Asset Management reports 8.8% passive stake in James River Coal
 Subscribe for More Information | | | 13:19 EDT | | KKR | KKR, Silver Lake to join bidding for Hulu video service, Bloomberg reports
| | | 12:34 EDT | | BAC | Bank of America seeking buyers for 40 branches, Bloomberg reports
Subscribe for More Information | | | May 23, 2013 | | 16:00 EDT |  | C | Options Update; May 23, 2013
Subscribe for More Information | | | 14:45 EDT | | JPM | JPMorgan names Barry Sommers head of consumer bank, Reuters says
Subscribe for More Information | | | 11:56 EDT | | JPM | Visa names Ryan McInerney president
Visa (V) announced the appointment of Ryan McInerney as president of Visa. In this role, McInerney will be responsible for Visa's global client organization, product management as well as a new solutions group, which will focus on building and bringing to market new products and services to Visa's issuer, acquirer and merchant clients. Mr. McInerney will report to Charlie Scharf, CEO of Visa . McInerney joins Visa from JP Morgan Chase (JPM) where he was the CEO of Consumer Banking. | | | 08:10 EDT |  | JPM | JPMorgan compelling at current levels, says RW Baird
Subscribe for More Information | | | 07:12 EDT | | JPM, BAC | Wall Street trying to use trade deals to weaken Dodd-Frank, Bloomberg reports
Subscribe for More Information | | | 06:32 EDT | | JPM | Dimon looks to improve JPMorgan after winning vote, NY Times says
After JPMorgan's (JPM) shareholders voted to allow Jamie Dimon to keep his dual role as the bank's CEO and chairman, Dimon is looking to repair the bank's relationship with regulators and "fortify risk controls," according to The New York Times. Reference Link | | | 06:29 EDT | | JPM | Software firm Luxoft files for IPO in New York, Bloomberg reports
Subscribe for More Information | | | | 06:08 EDT | | BAC, JPM | On the Fly: Periodicals Wrap-Up
Subscribe for More Information | | | 05:48 EDT | | JPM | Proxy advisers see their power diminish, WSJ reports
Subscribe for More Information | | | May 22, 2013 | | 16:25 EDT |  | KKR | On The Fly: Closing Wrap
Stocks on Wall Street were sharply lower following a day where the Fed dominated the news. The averages were higher early in the session as Fed Chairman Ben Bernanke testified in front of Congress. However, the averages crossed into negative ground as Bernanke's comments on the potential for future QE tapering were digested. The selling accelerated in the late hours of the session following the release of the minutes from the Fed's last FOMC meeting. ECONOMIC EVENTS: In the U.S., Federal Reserve Chairman Ben Bernanke delivered testimony before the Joint Economic Committee of Congress, stating that premature tightening of monetary policy would carry a "substantial risk" of slowing or ending the economic recovery. Bernanke, however, also said the central bank could begin winding down its bond-buying program at one of its "next few meetings" if the economy continues to improve. The FOMC minutes, released at 2:00 pm ET, indicated that some committee members expressed a willingness to adjust assets purchases, though some disagreement existed over what economic data would be needed to begin such a program. The minutes also said some members might want to cut asset purchases by as soon as June. The National Association of Realtors said existing home sales advanced 0.6% to an annual rate of 4.97M units in April, which was the highest level since November 2009 but still below expectations for a rise to a 4.99M-unit rate. COMPANY NEWS: Target (TGT) shares lost $2.86, or 4.01%, to $68.40 after the company's first quarter report, which it called "disappointing." The company also cut its full-year earnings and same-store sales views. MAJOR MOVERS: Among notable gainers was Saks (SKS), up $1.83, or 13.39%, to $15.50 after the New York Post said the company hired Goldman Sachs (GS) to explore strategic alternatives and Bloomberg said KKR (KKR) was considering a stake in the luxury retailer. Also higher following its better-then-expected quarterly results was Zale (ZLC), which advanced $1.20, or 22.22%, to $6.60. Among noteworthy losers were a number of Solar stocks, including Trina Solar (TSL), down $1.07, or 14.9%, to $6.11, and SunPower (SPWR), down $1.81, or 8.62%, to $19.19 after China's Xinhua news agency said early talks between Europe and China to resolve their fight over solar panel trade rules had failed. Also lower was SolarWinds (SWI), down $6.57, or 13.71%, to $41.34 after the company said it will acquire N-able for $120M and its shares were downgraded at research firm Pacific Crest. INDICES: The Dow was down 80.41, or 0.52%, to 15,307.17; the Nasdaq was down 38.82, or 1.11%, to 3,463.30; and the S&P 500 was down 13.81, or 0.83%, to 1,655.35. | | | 16:00 EDT | | C | Options Update; May 22, 2013
Subscribe for More Information | | | 14:54 EDT | | JPM | JPMorgan not likely to add new board members soon, Bloomberg says
Subscribe for More Information | | | 13:07 EDT | | KKR | KKR weighs Saks investment, may push Neiman Marcus merger, Bloomberg says
KKR (KKR) is considering an investment in Saks (SKS) and may push Saks to pursue a merger with Neiman Marcus, reports Bloomberg, citing people with knowledge of the matter. Saks shares are up $2.25, or 16.46%, to $15.92 after reports last night said the company retained Goldman Sachs (GS) to explore strategic alternatives, including a possible sale. Reference Link | | | 12:53 EDT | | KKR | KKR considers Saks investment, could push merger with Neiman, Bloomberg says
Subscribe for More Information | | | 11:48 EDT | | VOD | Vodafone named a long Research Tactical Idea at Morgan Stanley
Subscribe for More Information | | | 10:31 EDT |  | JPM | JPMorgan spikes higher along with peers, levels to watch
Subscribe for More Information | | | 09:02 EDT | | BAC, WFC, JPM, C | 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. | | |
|
|
|
|
|
|
