New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 2, 2013
14:39 EDTFMC, CFMC hires Citigroup to find buyer for hydrogen-peroxide unit, Bloomberg says
Bloomberg cites statement from FMC spokesman.
News For FMC;C From The Last 14 Days
Check below for free stories on FMC;C the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
September 9, 2014
14:54 EDTCApple announces Apple Pay
Subscribe for More Information
09:36 EDTCActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL KNDI NFLX YHOO TWTR TSLA C BAC FB MCD
06:33 EDTCFed looks set to pressure large banks to shrink, NY Times says
Subscribe for More Information
06:32 EDTCCitigroup CFO says Q3 expenses up 'slightly' vs Q2, Reuters says
Subscribe for More Information
06:32 EDTCFed to require large US banks to have extra financial padding, WSJ reports
Subscribe for More Information
September 8, 2014
09:41 EDTCCitigroup CFO sees September trading to be better than August
Subscribe for More Information
09:30 EDTCCiti CFO says won't think about potential capital return until 'much later'
Subscribe for More Information
09:29 EDTCCitigroup CFO sees Q3 trading revenue 'in-line' with same quarter of last year
Subscribe for More Information
09:28 EDTCCitigroup sees consumer revenues up 'modestly' this quarter
Subscribe for More Information
09:02 EDTCCitigroup says core Citicorp franchise growing loans, deposits
Subscribe for More Information
09:00 EDTCCitigroup names Peter Charrington as global head of citi Private Bank
Subscribe for More Information
07:24 EDTCBarclays to hold a conference
Global Financial Services Conference to be held in New York on September 8-10.
06:12 EDTFMCFMC Corporation to host conference call
Subscribe for More Information
05:40 EDTFMCFMC Corporation to acquire Cheminova for $1.8B
FMC Corporation announced that it has signed a definitive agreement to acquire Cheminova A/S, a wholly owned subsidiary of Auriga Industries A/S. Cheminova is a multinational crop protection company based in Denmark. FMC will fund the all-cash acquisition through a mixture of debt and existing cash reserves. The transaction is expected to close in early 2015 and will be accretive to adjusted earnings in the first full year following the acquisition. FMC will modify its previously announced separation plans by pursuing a sale of Alkali Chemicals. Commenting on this decision, Brondeau said, "FMC is committed to its strong balance sheet and a sale of Alkali Chemicals will allow us to de-lever to a point that is appropriate for our business profile. Alkali Chemicals is a well-run, highly profitable and cash generative business, and we are confident it will attract many interested buyers. We expect to complete this sale by mid-2015."
05:38 EDTFMCFMC Corporation to acquire Cheminova for $1.8B
Subscribe for More Information
September 5, 2014
09:06 EDTCCFTC concerned about banks shifting trading operations overseas, WSJ says
Subscribe for More Information
07:26 EDTCApple strikes transaction fee discount deals, Bank Innovation says
Apple (AAPL) has reached deals with American Express (AXP), JPMorgan (JPM), Citigroup (C), Capital One (COF), and Bank of America (BAC) to lower card transaction fees for its soon to be launched payments venture, said Bank Innovations, citing an earlier report from Tom Noyes and confirmation by its own sources. Apple has both convinced them to consider its transactions as “card present,” which carries a lower discount rate, and has also managed to bump down the actual “card present” rate by 15 to 25 basis points, according to people with knowledge of the matter, the report noted. Reference Link
September 4, 2014
09:35 EDTCActive equity options trading on open
Subscribe for More Information
06:40 EDTCAgencies finalize liquidity rule for large banks
The Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency finalized a rule yesterday that they said would strengthen the liquidity positions of large financial institutions. The rule will for the first time create a standardized minimum liquidity requirement for large and internationally active banking organizations., according to the agencies. Each institution will be required to hold high quality, liquid assets, or HQLA, such as central bank reserves and government and corporate debt that can be converted easily and quickly into cash in an amount equal to or greater than its projected cash outflows minus its projected cash inflows during a 30-day stress period, the agencies explained. The ratio of the firm’s liquid assets to its projected net cash outflow is its “liquidity coverage ratio,” or LCR, they said. The LCR will apply to all banking organizations with $250B or more in total consolidated assets or $10B or more in on-balance sheet foreign exposure and to these banking organizations’ subsidiary depository institutions that have assets of $10B or more, the agencies reported. The rule also will apply a less stringent, modified LCR to bank holding companies and savings and loan holding companies that do not meet these thresholds, but have $50B or more in total assets. Bank holding companies and savings and loan holding companies with substantial insurance or commercial operations are not covered by the final rule. The final rule is largely identical to the proposed rule, with a few key adjustments in response to comments from the public, the agencies stated. Those adjustments include changes to the range of corporate debt and equity securities included in HQLA, a phasing-in of daily calculation requirements, a revised approach to address maturity mismatch during a 30-day period, and changes in the stress period, calculation frequency, and implementation timeline for the bank holding companies and savings and loan companies subject to the modified LCR. Publicly traded companies in the space include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC).
06:13 EDTCCitigroup settles potential civil liability for violating sanction programs
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use