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Stock Market & Financial Investment News

News Breaks
September 26, 2012
05:35 EDTEPAY, LYGBottomline Technologies, Lloyds Bank announce strategic partnership in the UK
Bottomline Technologies (EPAY) announced that it has expanded its partnership with Lloyds Bank (LYG) in the UK. Under a new partnership arrangement with Lloyds Bank, Bottomline will provide secure, reliable connectivity to Lloyds Bank’s infrastructure, enabling corporate customers to streamline the management of payments, improve operational efficiency and achieve high levels of straight through processing. These solutions will be available as part of Lloyds’ Host to Host Connectivity Service, which allows corporates to communicate directly from their ERP, TMS and back office systems to their banking service providers.
News For EPAY;LYG From The Last 14 Days
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May 23, 2013
11:20 EDTLYGLloyds Banking looks to sell $8.7B U.S. mortgage portfolio, WSJ says
Lloyds Banking Group is looking to sell about $8.7B of U.S. mortgage securities, says the Wall Street Journal, citing a person with knowledge of the sale. The proposed sale comes as the bank continues to "shore up" its balance sheet after the "financial crisis," added the WSJ. Reference Link
May 22, 2013
07:58 EDTLYGRBS: No new shares needed to meet regulatory capital requirements, FT reports
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06:01 EDTLYGLloyds Banking confident it can meet capital requirement, WSJ reports
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May 16, 2013
12:32 EDTLYGEU bank stress test delayed until 2014 by regulator
The EBA agreed on recommendations to supervisors to conduct asset quality reviews on major EU banks. While banks’ capital positions were significantly strengthened under the EBA’s recapitalisation exercise, the objective of the asset quality exercises will be to review banks’ classifications and valuations of their assets so to help dispel concerns over the deterioration of asset quality due to macroeconomic conditions in Europe. Since appropriately reviewed balance sheets are a key input to an effective stress test, the EBA has also adjusted the timeline of the next EU-wide stress test so to conduct the exercise in 2014 once the asset quality reviews are completed. However, to ensure transparency and comparability over the years, the EBA will provide, in 2H, appropriate disclosure on the actual exposures of the EU banking sector. Reference Link
09:34 EDTEPAYBottomline Technologies removed as best idea at Stephens
Stephens removed Bottomline Technologies as its best idea for 2013 and lowered its price target for shares to $32 from $34. The firm expects Paymode will take more time to evolve than planned but keeps an Overweight rating on the stock.
07:26 EDTEPAYBarrington to host a conference
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May 13, 2013
10:36 EDTLYGLloyds Banking confirms plan for Chairman Bischoff to retire
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07:29 EDTLYGSkillsoft to host a conference
2013 Global Skillsoft Perspectives Learning Industry Conference is being held in Orlando, Florida on May 13-16.
06:49 EDTLYGECB member says negative deposit rates would help economy, Reuters says
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