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Stock Market & Financial Investment News

News For MS;C;WFC;JPM;BAC;GS;USB From The Last 14 Days
Check below for free stories on MS;C;WFC;JPM;BAC;GS;USB the last two weeks.
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May 6, 2013
12:16 EDTBACMBIA continues rise, up 39% after Dow says to settle suit with BofA
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12:12 EDTBACBank of America up 3% after Dow reports settlement of suit with MBIA
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12:09 EDTBACBank of America to take 5% stake in MBIA, pay $1.6B in cash, DJ reports
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09:43 EDTWFC, BACNY to sue Wells, BofA over mortgage settlement violations, NYT says
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07:45 EDTBACBank of America legal news a significant positive, says JPMorgan
JPMorgan notes that late on Friday, New York State Attorney General, Delaware State Attorney General, and Federal Housing Finance Authority said they will no longer object to Bank of America's (BAC) $8.5B mortgage settlement with private investors that was first agreed upon in 2011. JPMorgan views the development as significant positive legal news for Bank of America since several objectors to the settlement have now been removed. The firm adds, however, that few objectors remain, most notably AIG (AIG). JPMorgan keeps an Overweight rating on shares of Bank of America.
07:30 EDTBACObjections to BofA mortgage-backed securities settlement removed, WSJ reports
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07:17 EDTBACSummit Business Media holds a conference
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06:12 EDTGSCredit Suisse alleges Goldman Sachs hire stole secrets, Bloomberg reports
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06:07 EDTJPMWarren Buffett says JPMorgan has the 'right CEO'
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