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Stock Market & Financial Investment News

News Breaks
March 25, 2013
11:48 EDTVECO, PIP, WCG, ETE, LYGHigh option volume stocks: ETE PIP LYG WCG VECO
News For ETE;PIP;LYG;WCG;VECO From The Last 14 Days
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December 19, 2014
07:15 EDTWCGWellCare identified as favorite mid-cap stock for 2015 at Stifel
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December 18, 2014
06:38 EDTLYGU.K. says to reduce stake in Lloyds Banking, NY Times reports
The British government said it would cut its stake in U.K. bank Lloyds Banking (LYG) by gradually selling shares over the next six months, according to The New York Times. The government could begin selling shares soon, although the process may not kick off until 2015, the newspaper stated. Reference Link
December 17, 2014
13:24 EDTLYGMorgan Stanley gets GBP1 fee to sell stake in Lloyds, WSJ says
Morgan Stanley (MS) has landed a prestigious deal and will collect a fee of GBP1 or $1.57 to sell down a potentially large stake in Lloyds Banking Group (LYG), says the Wall Street Journal. Morgan Stanley has until June 30, 2015 to sell what may amount to GBP3B worth of stock, added the Wall Street Journal. Reference Link
10:51 EDTWCGLeerink healthcare services analyst holds analyst/industry conference call
Healthcare Services Analyst Gupte provides outlook and favorite names for 2015 in the Hospitals and Managed Care Industry on an Analyst/Industry conference call to be held on December 18 at 1 pm.
09:50 EDTLYGUK Financial Investments announces intent to sell shares in Lloyds Banking
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December 16, 2014
08:50 EDTWCGWellCare appoints Blair Todt as Chief Legal and Administrative Officer
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06:56 EDTLYGRoyal Bank of Scotland, Lloyds fail stress test, NY Times says
The Royal Bank of Scotland (RBS) and Lloyds (LYG) failed a stress test performed by the Bank of England, according to The New York Times. The central bank found that Royal Bank and Lloyds would not have had enough capital to withstand a severe financial shock at the end of last year, the newspaper stated. However, Lloyds has raised enough capital this year to survive the stress test scenario, the newspaper quoted the Bank of England as saying. Reference Link
06:35 EDTLYGBank of England says seven of eight banks pass stress test
The Bank of England said that all but one of the eight banks passed its stress test. The one bank, Co-operative, needs to submit a revised plan to strengthen its balance sheet. Royal Bank of Scotland (RBS), Lloyds (LYG) and Co-operative were found to be the most susceptible to a housing crash and spike in unemployment. RBS and Lloyds passed the stress test, however. Both banks need improved capital positions, but have already put in place plans to do so, the central bank's Prudential Regulation Authority stated. Reference Link
December 15, 2014
16:02 EDTWCGWellCare names current COO Kenneth Burdick as CEO
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December 12, 2014
08:02 EDTVECOVeeco announces Sanan order for 50 EPIK700 MOCVD reactors
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December 11, 2014
13:40 EDTLYGEuro zone banks accepted $160B in low interest loans, NY Times says
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December 10, 2014
14:45 EDTWCGDeal would block payments to health insurance companies, The Hill says
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