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Stock Market & Financial Investment News

News Breaks
February 19, 2013
05:55 EDTCPB, CPB, LIFE, LIFE, CAH, CAH, JNJ, JNJ, CA, CA, S, S, AVP, AVP, INTC, INTC, SCTY, SCTY, BAC, BAC, UBS, UBS, WYN, WYN, PEG, PEG, MS, MS, BUD, BUD, BAH, BAHAgrion and NASDAQ to co-host a summit
Agrion-Nasdaq Energy & Sustainability Summit is being held in New York on February 19-20.
News For CPB;BUD;MS;PEG;WYN;UBS;BAC;SCTY;INTC;AVP;S;CA;JNJ;CAH;LIFE;BAH From The Last 14 Days
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June 18, 2015
12:04 EDTBACActive options: AAPL ORCL FB RAD BAC HTZ MU GE TSLA AMZN BABA KO
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10:01 EDTCAOn The Fly: Analyst Initiation Summary
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07:50 EDTUBSSNB pushes UBS, Credit Suisse to improve leverage ratios
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07:37 EDTMSNoranda Aluminum to evaluate strategic alternatives, suspends dividend
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07:36 EDTCACA Technologies initiated with a Market Perform at JMP Securities
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06:36 EDTBACGoldman tells interns not to stay in office overnight, Reuters reports
Goldman Sachs (GS), which has been looking to improve working conditions for its investment-banking interns, has set new guidelines, under which interns are expected to stay away from the office between midnight and 7 a.m. during weekdays, Reuters reports, citing company sources and confirmed by a Goldman spokesperson. Following the 2013 death of a Bank of America (BAC) intern in London, Goldman and other banks have taken steps to encourage its junior employees to take time off. Reference Link
05:56 EDTINTCIntel to debut Skylake at Gamescon in early August, DigiTimes reports
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June 17, 2015
17:37 EDTUBS, MSGM hires advisers as Fiat Chrysler tries to force merger talks, Reuters says
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14:42 EDTBACOption volume leaders
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12:11 EDTINTCIntel acquires Recon, terms not disclosed
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11:50 EDTSCTYSolarCity management to meet with Needham
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11:16 EDTBACOCC restricts some banks from certain mortgage related business activity
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09:40 EDTBACActive equity options trading on open
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09:36 EDTBACActive equity options trading on open
Active equity options trading on open: AAPL FB AMD ADBE TWTR BABA QIHU NFLX BAC
08:33 EDTPEGPSEG acquires Maryland power plant from Ares Management
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08:10 EDTBACFed told BofA it is too reactive to problems raised by regulators, WSJ says
The Federal Reserve told Bank of America earlier this year that it does not think its management is forward-looking enough and is rather too reactive to problems after they are raised by regulators during “stress tests,” the Wall Street Journal reports, citing people familiar with the matter. As a result, in March, the Fed only granted the bank conditional approval to return capital to shareholders, meaning the bank is required to submit a revised stress test plan by September 30, the report says. In response, Bank of America has hired “several” outside consultants to look over the way it runs the tests, the Wall Street Journal reports, citing others close to the situation. Reference Link
07:21 EDTJNJGeneric ADHD drugs still sold despite FDA non-equivalance finding, NYT reports
The FDA announced last November that two generic versions of Johnson & Johnson's (JNJ) Concerta ADHD drug, one made by Mallinckrodt (MNK) and the other by UCB, could no longer be considered the equivalent of the branded drug after tests and analyses suggested that their effectiveness began to wear off much more quickly, but the drugs are still being sold despite an FDA mandated deadline having passed for the companies to either prove the drugs were equivalent or remove them from the market, said The New York Times. The report noted a third generic product, sold by Actavis (AGN), was found to be equivalent to the branded Concerta. Reference Link
07:06 EDTMSNoble CEO fires back at critics of company’s accounting practices, WSJ says
Noble Group (NOBGY) CEO Yusuf Alireza disputed allegations about the company’s accounting practices, particularly that it is hiding the true nature of its debt and improperly valuing its 13% stake in Australian coal miner Yancoal, the Wall Street Journal reports. In a letter to former longtime Morgan Stanley (MS) banker Michael Dee, Alireza said that the company’s evaluation of Yancoal is “reasonable and consistent with market practice and accounting policies” and that “any suggestion otherwise is ill-informed and factually incorrect,” the report says. “As an associate company, we must rely on a cash flow model to value our stake, which is consistent with market practice in the mining industry,” the Noble CEO added, the report says. Reference Link
06:48 EDTBAC, MSMore big banks waiving overdraft fees, WSJ reports
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05:54 EDTBUDAB InBev may look into deal in China, Financial Times reports
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