Stock Market & Financial Investment News

News Breaks October 24, 2012 06:41 EDT CVX, USB Stocks with implied volatility below IV index mean; CVX USB Stocks with implied volatility below IV index mean; Chevron (CVX), U.S. Bancorp (USB). News For CVX;USB From The Last 14 Days Check below for free stories on CVX;USB the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 16, 2013 08:33 EDT USB BofA/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. 06:41 EDT USB Big banks to benefit from U.S. concession on derivatives, NY Times says Subscribe for More Information 06:03 EDT CVX YPF, Chevron agree to terms of Argentina shale investment, Reuters reports Subscribe for More Information May 15, 2013 18:31 EDT CVX Ecopetrol submits highest bids for three exploratory blocks in Brazil Ecopetrol (EC) announces that it submitted the highest bids for three exploratory blocks in the 11th bidding round carried out yesterday by the ANP of Brazil in Rio de Janeiro. Ecopetrol has a 100% interest in the highest bids for the POT-M-567 and FZA-M-320 blocks and a 50% interest in the highest bid for the CE-M-715 block, which it submitted with Chevron (CVX) Brasil Ventures. The three blocks comprise an area of approximately 1,862 sq kilometers in the Potiguar, Foz de Amazonas and Ceara offshore basins. 08:38 EDT CVX WTI crude falls for a fith consecutive day, Bloomberg reports Subscribe for More Information May 14, 2013 16:00 EDT CVX Options Update; May 14, 2013 Subscribe for More Information 08:33 EDT USB CFTC investigates swap contracts, FT reports The Commodity Futures Trading Commission issued a “special call” asking Wall Street banks and other traders to provide documents that would prove recent derivatives transactions known as “exchanges of futures for swaps” were legal. Lawyers at the CFTC enforcement division are also scrutinizing the trades for possible violations. The probe is into the legitimacy of more than 1M energy and metals transactions by the biggest traders in commodities markets over the past two years.Reference Link 07:10 EDT CVX IEA says North American oil will dominate world supply growth, WSJ reports Subscribe for More Information May 13, 2013 15:04 EDT USB Fed says large banks must submit midyear stress tests on July 5 Eighteen large U.S. bank holding companies are required to submit the results of their company-run, midyear stress tests to the Federal Reserve on July 5, the Federal Reserve said. The Dodd-Frank Wall Street Reform and Consumer Protection Act required that large bank holding companies and non-bank financial institutions that are designated for Federal Reserve supervision by the Financial Stability Oversight Council conduct two stress tests each year. In the midyear test, which is being conducted for the first time in 2013, each firm develops its own baseline, adverse, and severely adverse scenarios to best reflect its individual operations and risks. Each firm in the midyear test is required to release the results produced under its severely adverse scenario, helping promote market discipline and understanding of the financial conditions and risks of individual firms, between September 15 and September 30, the Fed added. May 10, 2013 10:01 EDT USB U.S. Bancorp awardeed $65M of new markets tax credit allocation Subscribe for More Information 08:40 EDT USB U.S. Bancorp management to meet with Deutsche Bank Subscribe for More Information May 9, 2013 14:21 EDT CVX Chevron entitled to damages after U.S. violated pacts, Bloomberg reports The U.S. Court of Claims ruled that Chevron is entitled to unspecified damages after the Department of Energy violated agreements governing determination of equity interests in oil and gas deposits in California, reported Bloomberg, citing a ruling made public yesterday. Reference Link 11:26 EDT CVX Chevron wins suit alleging Energy Department broke terms of deal, Bloomberg says Court rules Chevron entitled to unspecified damages, according to Bloomberg. 05:43 EDT USB Big banks take the offense against Washington, WSJ reports The biggest U.S. banks are going on the offensive to fight off growing efforts in Washington to rein them in, reports the Wall Street Journal. They've hired longtime, influential Washington insiders to deflect regulatory and political pressure to strengthen their finances and to sell assets. Reference Link May 7, 2013 18:33 EDT CVX Statoil sanctions Julia field development in Gulf of Mexico Subscribe for More Information 09:27 EDT CVX Seadrill Partners acquires the tender rig T15 for $210M Subscribe for More Information May 6, 2013 07:30 EDT CVX OTC to host a conference Subscribe for More Information 05:56 EDT CVX U.S. natural gas exports helped by geopolitical debate, WSJ reports Subscribe for More Information May 5, 2013 19:20 EDT USB N.Y AG plans homeowner enforcement versus financial firms, Bloomberg reports Subscribe for More Information 12:43 EDT CVX Plaintiffs lawyers in Chevron's Ecuador case seek to withdraw, WSJ says Lawyers for the plaintiffs that won a $19B verdict against Chevron in 2011 for environmental damage in Ecuador are trying to withdraw from a related lawsuit that Chevron has filed because the lawyers say their clients do not have the resources to pay in a protracted legal fight with Chevron, the Wall Street Journal says. The plaintiffs won a verdict against Chevron in 2011, but the oil giant has not paid as Chevron maintains the judgement was obtained illegally, WSJ added. Reference Link Sign up for a free trial to see the rest of the stories you've been missing.