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Stock Market & Financial Investment News

News For FIATY;MS;BAC;GS From The Last 14 Days
Check below for free stories on FIATY;MS;BAC;GS the last two weeks.
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September 15, 2014
11:18 EDTFIATYChrysler recalls 2015 Chrysler 200s due to door wiring defect
Chrysler is recalling certain model year 2015 Chrysler 200 vehicles manufactured May 19 to June 21. The affected vehicles may have been built with a driver side door wiring harness of an insufficient wire gauge, resulting in excessive heat which may melt the wiring insulation. Excessive heat and melting wiring insulation may result in an electrical short, increasing the risk of a fire. Chrysler will notify owners, and dealers will replace the door wiring harness, free of charge. The recall is expected to begin in September. Chrysler is owned by Fiat. Reference Link
10:48 EDTBACBank of America reports August default rate 3.33% vs. 3.01% last month
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09:35 EDTBACActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TSLA RSH YHOO GILD TWTR AVNR NFLX BAC C
07:49 EDTGSDOJ, FBI 'flip' bank informants as part of forex probe, WSJ says
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September 12, 2014
16:00 EDTBACOptions Update; September 12, 2014
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09:37 EDTBACActive equity options trading on open
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07:41 EDTMS, GS, BACBank lending grew in quarter, with Capital One leading pack, WSJ reports
Total loans outstanding at U.S. banks and thrifts grew by $178.5B in the second quarter, with Capital One Financial (COF) leading the big banks by growing its loans at an annualized rate of 12.5%, according to SNL Financial data, reported The Wall Street Journal. SNL said 14 of the 15 largest U.S. banks increased their lending, with only Bank of America (BAC) issuing fewer loans than the quarter before, largely attributed to a drop in U.S. closed-end residential mortgages, the report noted. Other publicly traded large U.S. banks include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
06:35 EDTGS, MS, BACApple getting discounted card fees for Apple Pay, NY Times reports
Banks are charging Apple lower than usual credit card fees for the tech giant's new mobile payment system, according to The New York Times. The banks hope that participating in Apple Pay will enable them to process transactions that aren't currently being paid for with credit cards, the newspaper explained. The banks and credit card networks also hope to use Apple Pay to prevent technologies that don't incorporate banks from becoming popular, The Times reported. Publicly traded credit card networks include American Express (AXP), Capital One (COF), Discover (DFS), MasterCard (MA) and Visa (V). Publicly traded banks include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC)..Reference Link
06:34 EDTFIATYFiat head stays with FY14 outlook, Reuters says
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September 11, 2014
16:00 EDTBACOptions Update; September 11, 2014
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07:21 EDTGS, MS, BACBankruptcy bill focused on big bank failure moves past committee, WSJ says
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07:05 EDTFIATYFiat head says not looking to include Ferrari in group, Reuters says
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06:54 EDTFIATYJeep head says firm poised to sell 1M cars in FY14, Reuters says
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06:43 EDTGSGoldman Sachs to manage $2B of NY pension fund, NY Post reports
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06:36 EDTBACBofA Merrill units aim to reverse $136M Japan court decision, Bloomberg says
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06:31 EDTFIATYVolkswagen JV, Chrysler unit fined in China for price-fixing, WSJ reports
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06:22 EDTMSMorgan Stanley standing by Tianhe Chemicals investment, FT reports
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September 10, 2014
14:58 EDTFIATYFiat's CEO to become Ferrari chairman
The CEO of Fiat (FIATY), will become the new chairman of Ferrari, replacing Luca Cordero di Montezemolo who is resigning as of October 13, Fiat announced earlier today.
14:30 EDTGSPension fund gives Goldman Sachs $2B to invest, Reuters reports
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13:10 EDTBACBofA trading executives Moore and Hartney leave as cuts loom, Bloomberg says
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