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Stock Market & Financial Investment News

News For FMER;MMC;BCS;ZION;TRV;WFC From The Last 14 Days
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December 10, 2014
16:22 EDTTRVTravelers joint venture to acquire Cardinal Compañía interest
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13:44 EDTFMERFirstMerit management to meet with Sandler O'Neill
Meetings to be held in Texas December 15-16 hosted by Sandler O'Neill.
December 9, 2014
14:57 EDTWFCFed to propose rulemaking on risk-based capital surcharges for GSIB banks
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14:42 EDTWFCFed sees setting capital surcharge up to 4.5% for big U.S. banks, Bloomberg says
Bloomberg cites surcharge estimates in Federal Reserve staff memo. 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).
10:23 EDTTRV, MMCOn The Fly: Analyst Initiation Summary
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07:32 EDTZIONZions Bancorp outlook has improved, says SunTrust
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06:56 EDTMMCMarsh & McLennan initiated with an Overweight at JPMorgan
Target $66.
06:54 EDTTRVTravelers initiated with a Neutral at JPMorgan
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December 8, 2014
15:26 EDTWFCDeutsche Bank sued by U.S. over alleged scheme to avoid income taxes
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10:00 EDTWFCOn The Fly: Analyst Downgrade Summary
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07:52 EDTWFCWells Fargo downgraded to Market Perform from Outperform at Bernstein
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07:29 EDTMMCMarsh & McLennan may bid for Towergate, Sunday Times reports
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06:35 EDTWFCValue of Wall Street's M&A bankers has risen, NY Times says
The value of Wall Street's bankers who advise large companies seems to be increasing, while traders are becoming less valuable, according to The New York Times. Bankers who work on M&A deals are expecting their bonuses to increase, while traders anticipate that their compensation will drop, the newspaper added. Furthermore, banks seem to be going the extra mile to hire top notch bankers, the newspaper stated. Publicly traded large 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
06:21 EDTBCSDeadline for Petsmart bidders extended as lenders put on leash, NY Post reports
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