New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 6, 2013
06:17 EDTC, NGL, EOG, CMCSA, NSANY, GE, MPC, TRP, WFC, GM, VLO, TWCOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Any effort by Comcast (CMCSA) to acquire Time Warner Cable (TWC) would face significant hurdles in Washington, according Ajit Pai, a Republican commissioner at the FCC, casting doubt on a cable-industry consolidation scenario that has grabbed Wall Street's attention, the Wall Street Journal reports...The U.S. Gulf Coast, home to the world's largest concentration of petroleum refineries, is suddenly awash in crude oil. So much high-quality U.S. oil is flowing into the area (TRP, EOG, VLO, MPC, NGL) that the price of crude there has dropped sharply in the past few weeks and is no longer in sync with global prices, the Wall Street Journal reports...REUTERS: GM (GM) may consider shipping more South Korean-made cars to Australia, sources say, as part of a global restructuring that will see its Chevrolet brand in Europe dropped and production in Australia potentially scrapped, Reuters reports...GE (GE) has no plans to buy an oil or natural gas producer, CEO Jeff Immelt told Reuters. Ever since the conglomerate bought oil pump maker Lufkin earlier this year for nearly $5B, speculation has swirled that he wanted to buy an energy producer amid the fast-paced growth of the North American shale boom, Reuters reports...BLOOMBERG: Citigroup (C) and Wells Fargo (WFC) were accused of discriminatory mortgage lending by the city of Los Angeles, which seeks damages for reduced property tax revenue and the costs of maintaining foreclosed properties, Bloomberg reports...Nissan Motor (NSANY) forecast its growth in China will outpace industry wide sales in the country for the first time in three years as consumers in the world’s largest auto market return to Japanese brands, Bloomberg reports.
News For CMCSA;TWC;TRP;EOG;VLO;MPC;NGL;GM;GE;C;WFC;NSANY From The Last 14 Days
Check below for free stories on CMCSA;TWC;TRP;EOG;VLO;MPC;NGL;GM;GE;C;WFC;NSANY the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | all recent news | >>
April 8, 2014
07:14 EDTGMGM SUVs earn top scores among rivals in crash test, Bloomberg says
The Insurance Institute for Highway Safety said GM's (GM) Chevrolet Equinox and GMC Terrain earned the highest scores among mid-size sport-utility cars in a test made to simulate one of the deadliest kinds of front-end crashes, according to Bloomberg, citing a statement from IIHS's Chief Research Officer David Zuby. Toyota's (TM) Highlander earned an "acceptable" rating, while the other six cars that were tested were given a "marginal" or "poor" rating. Reference Link
06:59 EDTCMCSA, TWCComcast, Time Warner Cable Internet businesses to be examined, NY Times says
Subscribe for More Information
06:41 EDTCCitigroup plans to close one third of Korea branches, Reuters says
Citigroup announced that it is planning to close nearly one third of its Korea branches, which makes it the third global bank to reduce its presence in the country in the last year due to increasing expenses and intense competition, according to Reuters, citing a statement from the bank. Reference Link
06:24 EDTCCitigroup may miss return-on-tangible-common-equity goal, WSJ reports
According to sources, Citigroup may miss a its 2015 target for return-on-tangible-common-equity after the Federal Reserve last month rejected the bank's capital plan, the Wall Street Journal reports. The Fed denied Citigroup's proposal to boost its dividend and increase stock buybacks on March 26, making it unlikely Citigroup can meet this key profitability target. Reference Link
April 7, 2014
19:57 EDTC, WFCFederal Reserve announces extension on some CLOs
The Federal Reserve Board announced that it intends to exercise its authority to give banking entities two additional one-year extensions to conform their ownership interests in and sponsorship of certain collateralized loan obligations, or CLOs, covered by section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly referred to as the Volcker rule. Section 619 of the Dodd-Frank Act directed the board to adopt rules for the conformance period and the board previously extended the conformance period for all activities and investments by one year to July 21, 2015. To ensure effective compliance, the board intends to grant banking entities two additional one-year extensions, which together would extend until July 21, 2017, to conform their ownership interests in and sponsorship of CLOs to the statute. Publicly traded companies that may be impacted by the announcement include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
17:25 EDTGMGeneral Motors to invest $450M in electric cars, WSJ says
Subscribe for More Information
17:16 EDTCCitigroup to resolve certain private-label securitization repurchase claims
Subscribe for More Information
16:01 EDTCOptions Update; April 7, 2014
Subscribe for More Information
14:16 EDTGMGroup says General Motors' Impala could have air bag defect, Bloomberg reports
Subscribe for More Information
11:17 EDTGMGeneral Motors upgraded to Buy from Hold at Standpoint Research
Subscribe for More Information
10:00 EDTCOn The Fly: Analyst Upgrade Summary
Agios Pharmaceuticals (AGIO) upgraded to Overweight from Neutral at JPMorgan... Alcoa (AA) upgraded to Hold from Sell at Deutsche Bank... Align Technology (ALGN) upgraded to Outperform from Market Perform at Barrington... Analog Devices (ADI) upgraded to Neutral from Sell at Goldman... B&G Foods (BGS) upgraded to Outperform from Sector Perform at RBC Capital... Citigroup (C) upgraded to Neutral from Underweight at HSBC... Intel (INTC) upgraded to Outperform from Sector Perform at Pacific Crest... JetBlue (JBLU) upgraded to Neutral from Sell at Goldman... Kindred Healthcare (KND) upgraded to Outperform from Sector Perform at RBC Capital... Lennox (LII) upgraded to Outperform from Market Perform at Wells Fargo... Newmont Mining (NEM) upgraded to Hold from Sell at Deutsche Bank... PBF Energy (PBF) upgraded to Buy from Neutral at Citigroup... Renasant (RNST) upgraded to Outperform from Market Perform at Raymond James... Select Medical (SEM) upgraded to Outperform from Sector Perform at RBC Capital... Ultra Petroleum (UPL) upgraded to Outperform from Market Perform at Raymond James... Under Armour (UA) upgraded to Buy from Neutral at Sterne Agee... Hercules Technology (HTGC) upgraded to Buy from Hold at Sandler ONeill... Standard Pacific (SPF) upgraded to Outperform from Market Perform at Raymond James... Yelp (YELP) upgraded to Outperform from Perform at Oppenheimer... Netflix (NFLX) upgraded to Outperform from Perform at Oppenheimer... Pandora (P) upgraded to Outperform from Neutral at Wedbush.
07:39 EDTGEBloomberg to hold a summit
The Future of Energy Summit 2014 is being held in New York on April 7-9.
06:58 EDTCDark markets could cause more harm than high-frequency trading, Reuters says
After a book by financial author Michael Lewis sparked worries that high-speed traders have been rigging the U.S. stock market, former regulators and academics say a more serious threat to investors could be the increasing amount of trading that happens outside of exchanges, reported Reuters. Top internalizers include units of KCG Holdings (KCG), Citadel, UBS (UBS), and Citigroup (C). Dark pool operators include Credit Suisse (CS) and Morgan Stanley (MS). In an attempt to earn back some of the retail orders, exchanges such as IntercontinentalExchange Group's (ICE) New York Stock Exchange, Nasdaq (NDAQ), and BATS Global Markets, have allowed brokerages to place dark pool-style orders on their platforms, with the trade hidden until after it is executed. Reference Link
06:35 EDTGMGM investors keep faith as recall reduces $3B in value, Bloomberg says
A variety of institutional investors in GM say they still feel confident in the stock after the recall crisis reduced more than $3B in shareholders’ value over four weeks, reported Bloomberg. Reference Link
06:29 EDTGMGeneral Motors considers range of options for victim-compensation, WSJ says
Subscribe for More Information
06:20 EDTNSANYGhosn says Nissan-Renault committed to Russian venture, WSJ reports
Subscribe for More Information
06:05 EDTCCitigroup upgraded to Neutral from Underweight at HSBC
HSBC upgraded Citigroup to Neutral citing the recent underperformance of shares. The firm raised its price target for the stock to $51 from $48.
April 6, 2014
18:12 EDTGMGM to begin fixing faulty ignition switches, WSJ says
Subscribe for More Information
16:07 EDTGMGM's Opel brand planning compact electric car by 2017, Reuters says
Subscribe for More Information
14:53 EDTGMMcCaskill says GM ignition case could lead to criminal charges, Reuters says
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use