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Stock Market & Financial Investment News

News Breaks
November 12, 2012
13:55 EDTDB, FNMA, FMCC, BAC, JPM, UBSDeutsche Bank's bid to dismiss FHFA lawsuit rejected by judge, Reuters reports
Deutsche Bank's (DB) bid to dismiss a lawsuit by the FHFA accusing it of misleading Fannie Mae (FNMA) and Freddie Mac (FMCC) has been rejected by a U.S. judge, Reuters reports. The judge previously refused to dismiss FHFA lawsuits against Bank of America's (BAC) Merrill Lynch, JP Morgan (JPM) and UBS (UBS) over Fannie Mae and Freddie Mac mortgage losses. Reference Link
News For DB;FNMA;FMCC;BAC;JPM;UBS From The Last 14 Days
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May 23, 2013
14:45 EDTJPMJPMorgan names Barry Sommers head of consumer bank, Reuters says
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11:56 EDTJPMVisa 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 EDTJPMJPMorgan compelling at current levels, says RW Baird
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07:12 EDTBAC, JPMWall Street trying to use trade deals to weaken Dodd-Frank, Bloomberg reports
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06:32 EDTJPMDimon 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 EDTUBS, DB, JPMSoftware firm Luxoft files for IPO in New York, Bloomberg reports
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06:08 EDTBAC, JPMOn the Fly: Periodicals Wrap-Up
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05:48 EDTJPMProxy advisers see their power diminish, WSJ reports
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May 22, 2013
14:54 EDTJPMJPMorgan not likely to add new board members soon, Bloomberg says
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13:04 EDTUBSUBS to face whistle-blower suit brought by strategist, Bloomberg says
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10:31 EDTJPMJPMorgan spikes higher along with peers, levels to watch
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10:00 EDTUBSOn The Fly: Analyst Downgrade Summary
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09:02 EDTJPM, BACFinancials 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.
07:22 EDTBACDun & Bradstreet to hold a conference
2013 Access to Capital is being held in Chicago on May 22.
05:43 EDTUBSUBS downgraded to Underperform from Market Perform at Keefe Bruyette
May 21, 2013
16:26 EDTJPMOn The Fly: Closing Wrap
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15:23 EDTUBSUBS downgraded to Underperform from Market Perform at Keefe Bruyette
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12:36 EDTJPMOn The Fly: Midday Wrap
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11:47 EDTJPMJPMorgan holders vote to keep Dimon as Chairman, CEO
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11:09 EDTJPMJPMorgan's Raymond says 'stay tuned' on composition of risk committee
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