News Breaks |
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| February 4, 2013 |
| 04:55 EDT |  | FMER, FMER, FMER, MMC, MMC, MMC, BCS, BCS, BCS, ZION, ZION, ZION, TRV, TRV, TRV, WFC, WFC, WFC | American Bankers Association to hold annual forum
ABA Insurance Risk Management Annual Forum is being held in Orlando, Florida on February 3-6. |
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News For FMER;MMC;BCS;ZION;TRV;WFC From The Last 14 Days Check below for free stories on FMER;MMC;BCS;ZION;TRV;WFC the last two weeks. |
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| June 17, 2013 |
| 07:31 EDT | | WFC | DNV KEMA to host a forum
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| 07:10 EDT |  | WFC | Big banks fight new rules for small loans, WSJ reports
Large banks are pushing back against regulators' plans to toughen rules on short-term, high-interest consumer loans. Wells Fargo, the largest bank to offer "deposit-advance loans," told regulators that it will discontinue the loans if plans for tougher rules are completed, reports the Wall Street Journal.Reference Link |
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| 06:14 EDT | | WFC | On the Fly: Periodicals Wrap-Up
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| June 14, 2013 |
| 10:10 EDT |  | FMER | On The Fly: Analyst Initiation Summary
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| 10:10 EDT |  | WFC | On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: American Express (AXP) downgraded to Equal Weight from Overweight at Barclays... AngloGold (AU) downgraded to Sell from Neutral at UBS... DuPont (DD) downgraded to Neutral from Buy at BofA/Merrill... Myriad Genetics (MYGN) downgraded to Neutral from Buy at BofA/Merrill... Progress Software (PRGS) downgraded to Hold from Buy at Needham... Rubicon (RBCN) downgraded to Sell from Neutral at Goldman... Southern Company (SO) downgraded to Hold from Buy at Jefferies... SunTrust (STI) downgraded to Neutral from Buy at UBS... Wells Fargo (WFC) downgraded to Neutral from Buy at Sterne Agee... FIS (FIS) downgraded to Neutral from Outperform at RW Baird... SM Energy (SM) downgraded to Hold from Buy at Societe Generale..Wells Fargo (WFC) downgraded at Sterne Agee. |
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| 08:46 EDT | | FMER | FirstMerit initiated with a Neutral at DA Davidson
Target $21. |
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| 07:57 EDT | | WFC | Wells Fargo downgraded at Sterne Agee
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| 06:30 EDT | | WFC | Wells Fargo downgraded to Neutral from Buy at Sterne Agee
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| June 12, 2013 |
| 10:14 EDT | | WFC | On the Fly: Downgrade Summary
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| 07:53 EDT | | BCS | Barclays wants banking standards task force in U.K., FT reports
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| 06:21 EDT | | WFC | Wells Fargo downgraded to Underweight from Neutral at Atlantic Equities
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| 05:58 EDT | | WFC | Some major banks get two year delay on swap rule, WSJ reports
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| June 11, 2013 |
| 18:35 EDT | | WFC | Banks given extension to spin off swaps units, WSJ reports
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| 07:30 EDT | | WFC | Morgan Stanley to host a conference
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| 07:25 EDT | | BCS | International Economic Forum of the Americas to host a forum
19th Conference of Montreal is being held in Montreal, Canada on June 10-13. |
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| June 10, 2013 |
| 09:05 EDT |  | TRV | Travelers to acquire Dominion of Canada for $1.1B cash
The Travelers Companies announced that it has agreed to acquire The Dominion of Canada General Insurance Company from E-L Financial Corporation Limited for approximately $1.1B in cash, subject to adjustment. The Dominion and Travelers’ Canadian operations will be integrated and the combined organization will remain headquartered in Toronto. The transaction is expected to close in the fourth quarter of 2013, subject to regulatory approvals and other customary closing conditions. Travelers will fund the transaction, subject to market conditions, through a combination of debt and/or preferred stock financing and internal resources. Based on this financing plan, the company does not believe that the transaction will have a significant impact on anticipated share repurchases for 2013 or 2014. Jay Fishman, Chairman and CEO of Travelers, said, “This transaction is consistent with our strategy to make thoughtful investments in attractive markets outside the United States. The Dominion is a great franchise, and this is a very good opportunity for Travelers to significantly improve its market position and scale in a meaningful market. We expect that the transaction will have no significant impact on 2013 earnings per share and will be slightly accretive to 2014 earnings per share.” |
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| 09:04 EDT | | TRV | E-L financial agrees to sell The Dominion of Canada General to Travelers
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| 09:03 EDT | | TRV | Travelers to acquire The Dominion of Canada for $1.1B cash
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| 07:20 EDT | | BCS | Biomed to host a conference
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| June 7, 2013 |
| 16:14 EDT | | WFC | Former Wells Fargo unit reaches agreement with Fed on mortgage loans
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