New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 19, 2014
13:14 EDTAXP, GE, MA, VJustice Department announces settlement with GE Capital Retail Bank
The Department of Justice and the Consumer Financial Protection Bureau announced a settlement to resolve allegations that GE Capital Retail Bank, known as of this month as Synchrony Bank, engaged in a "nationwide pattern or practice of discrimination by excluding Hispanic borrowers from two of its credit card debt-repayment programs." The settlement resolves claims by the department and the CFPB that GE Capital violated the Equal Credit Opportunity Act by excluding borrowers who indicated that they preferred communications to be in Spanish or had a mailing address in Puerto Rico from two credit card debt-repayment programs. The settlement provides $169M in relief to approximately 108,000 borrowers in the form of monetary payments and the reduction, or complete waiver, of borrowers’ credit card balances. GE Capital has also agreed to eliminate negative credit reports for affected borrowers that occurred during periods of the alleged discrimination. Shares of credit card companies Visa (V), MasterCard (MA) and American Express (AXP) have moved off of their lows following the news from the Justice Department. The card companies sold off ahead of the DOJ's announcement that was dubbed a credit card enforcement action.
News For GE;V;MA;AXP From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | all recent news | >>
May 15, 2015
09:03 EDTMAU.S. Bank, REI renew mutli-year contract
U.S. Bank (USB) announces the long-term renewal of its co-brand partnership with REI and the launch of the new REI World MasterCard. Under the agreement, the new REI co-branded credit cards will offer members more opportunities to earn through everyday purchases. The card portfolio will be converted to MasterCard (MA) with EMV chip-card technology, better protecting members from card-present counterfeit fraud.
06:03 EDTGEStocks with implied volatility below IV index mean; MSFT GE
Stocks with implied volatility below IV index mean; Microsoft (MSFT) 17, General Electric (GE) 15 according to iVolatility.
May 13, 2015
11:17 EDTGEGE looks to sell Japan commercial finance operation, WSJ says
General Electric is looking to sell its Japanese commercial finance operations, as the conglomerate looks to slim down assets held in its GE Capital unit, says the Wall Street Journal. The unit, which finances the purchase of equipment is valued at about $5B, added the Wall Street Journal. Reference Link
09:39 EDTGEActive equity options trading on open
Subscribe for More Information
07:08 EDTGEOppenheimer to hold a conference
Subscribe for More Information
06:15 EDTGEEU restart probe of GE's planned acquisition of Alstom's power business, WSJ say
Subscribe for More Information
May 12, 2015
17:54 EDTAXPOn The Fly: After Hours Movers
Subscribe for More Information
16:44 EDTAXPAmerican Express up 1% after authorizing 150M share repurchase, raising dividend
Subscribe for More Information
16:34 EDTAXPAmerican Express raises dividend by 12% to 29c per share from 26c per share
The board approved a 3c– or 12%– increase in the quarterly dividend on the company’s common stock. The dividend was raised to 29c per common share, from 26c, payable on August 10, to shareholders of record on July 2.
16:32 EDTAXPAmerican Express authorizes repurchase of up to 150M shares
Subscribe for More Information
10:45 EDTGEAnalyst says Pall deal may spark more life sciences M&A
Subscribe for More Information
09:51 EDTGEPall Corp. could be precursor to more Life Science deals, says Janney Capital
After The Wall Street Journal said Pall Corp. (PLL) is nearing a possible sale, naming Thermo Fisher (THO) and Danaher (DHR) as potential suitors, Janney Capital said it thinks dealmaking in the Life Sciences space won't stop with Pall, listing Repligen (RGEN), Bio-Techne (TECH) and VWR (VWR) as others in the industry that could see strategic bids emerge. The firm added that it expects that GE (GE), 3M (MMM), and private equity firms would also be involved in bidding in deals in the space.
07:45 EDTMAJefferies to hold a conference
2015 Global Technology, Media and Telecom Conference is being held in Miami on May 12-14.
May 11, 2015
17:23 EDTGEGE would consider concessions to secure Alstom deal, Reuters says
Subscribe for More Information
12:35 EDTGEGE not likely to gain unconditional approval for Alstom deal, Reuters reports
Subscribe for More Information
12:28 EDTGEGE launches cloud foundry ‘Industrial Dojo’
GE Software announced its ‘Industrial Dojo,’ in collaboration with the Cloud Foundry Foundation, to strengthen its efforts to solve the world’s biggest industrial challenges. The Cloud Foundry Dojo program allows software developers to immerse themselves in open source projects to quickly learn the inner workings of the core technology and the unique agile development environment, as well as recommended methodologies for contributing code. GE also announced it will work with the Cloud Foundry community to develop and contribute open source code to the Cloud Foundry Foundation that will route all industrial messaging protocols. By opening this Industrial Dojo, GE Software is enabling developers to better learn industrial intricacies by pairing with experienced developers, thereby greatly reducing the time-to-productivity for those new to a project. Through this program, GE is bolstering its commitment to open source development and Cloud Foundry, and ultimately promoting the next wave of industrial innovation. Also announced, GE will drive, in collaboration with Pivotal, creation of a “TCP Router” to direct non-HTTP protocols and better equip Cloud Foundry to connect industrial machines with IT networks. By donating this innovation to the open source community, GE will enable Cloud Foundry to be used in a variety of industrial applications and use cases.
10:21 EDTGEGE says EU suspends review on Alstom deal, sees probe resuming, Reuters reports
General Electric (GE) said the investigation of its takeover bid for Alstom's (ALSMY) power equipment business was suspended last month by EU antitrust regulators, Reuters reports. GE says the probe was halted on April 24 to give the regulators time to review additional information, and believes the review will restart this week. Reference Link
07:22 EDTMA, VVisa acquisiiton of Visa Europe would be positive, says RBC Capital
Subscribe for More Information
May 10, 2015
17:45 EDTMAJudge allows $19M Target data breach settlement to move ahead, Reuters says
Subscribe for More Information
12:33 EDTGEHoneywell stock could rise 20% in 12 months, Barron's says
Subscribe for More Information
1 | 2 | 3 | 4 | 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