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Stock Market & Financial Investment News

News For GS;JPM;USB;MS;BAC;WFC;C From The Last 14 Days
Check below for free stories on GS;JPM;USB;MS;BAC;WFC;C the last two weeks.
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June 12, 2013
06:21 EDTUSBU.S. Bancorp downgraded to Underweight from Neutral at Atlantic Equities
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06:21 EDTWFCWells Fargo downgraded to Underweight from Neutral at Atlantic Equities
06:04 EDTBAC, MS, JPMCoty to price its IPO later today, WSJ reports
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05:58 EDTBAC, WFC, MS, JPM, USB, CSome major banks get two year delay on swap rule, WSJ reports
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June 11, 2013
18:35 EDTUSB, BAC, JPM, MS, WFC, CBanks given extension to spin off swaps units, WSJ reports
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16:00 EDTBACOptions Update; June 11, 2013
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15:12 EDTUSBElavon, RGC Global Services announce strategic partnership
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15:05 EDTMSMorgan Stanley falls near session lows, near important test of support
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13:49 EDTJPMJPMorgan's Dimon sees 4%-5% rate on ten-year
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13:27 EDTJPMJPMorgan said reserves on mortgages will be down this quarter
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13:20 EDTJPMJPMorgan's Dimon said bank did everything they thought was right on 'Whale'
The CEO continued, saying there was no "lying or hiding" on London Whale.
13:11 EDTJPMJP Morgan's Dimon sees no acquisitions in bank's foreseeable future
Dimon said we are pretty much at the "cap' in the U.S. and the bank prefers to grow organically in Europe.
13:08 EDTJPMJPMorgan's Dimon says rates are going to go up in the U.S.
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13:02 EDTJPMJP Morgan's Dimon says Europe has a couple of years to get through
JPMorgan CEO Jamie Dimon speaking at the Morgan Stanley Financials Conference
10:25 EDTCCitigroup falls toward $50, downside leader among sector peers
The shares are down over 3.6% at time of writing to $50.01, near the break of the psychologically important $50 level. Earlier news reported by Bloomberg that the company could face a $7 billion dollar loss from currency swings may be weighing on the stock. Support below $50, which is a penny away from the 30-day moving average, is at $48.92, and then at $47.96, the 50-day moving average. Resistance is at $50.83.
09:42 EDTGSActive equity option families trading on open
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08:46 EDTCCitigroup could face $7B currency loss, analyst says, Bloomberg reports
Citigroup (C) could lose about $7B on currency swings if Charles Peabody at Portales Partners is correct, although the analyst is at odds with peers who say the stock will be the best performer among big U.S. banks in the year ahead, reports Bloomberg. Peabody is among only four analysts out of 34 tracked by Bloomberg who recommend investors sell Citigroup shares. Reference Link
07:42 EDTJPMBoston Biotech Conferences to host a conference
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07:34 EDTGSPlatts to host a conference
7th Annual Texas Energy Markets Conference is being held in Dallas, Texas on June 11-12.
07:33 EDTBACBank of America may still put Countrywide into bankruptcy, Reuters reports
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