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Stock Market & Financial Investment News

News For GS;MS;BAC;JPM;BA;DELL;FB From The Last 14 Days
Check below for free stories on GS;MS;BAC;JPM;BA;DELL;FB the last two weeks.
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August 20, 2014
11:37 EDTGSGoldman ups U.S. junior employees FY15 wages by 20%, Bloomberg says
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10:32 EDTGSGoldman to up U.S. junior employees FY15 salaries by 20%, Bloomberg says
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09:36 EDTFBActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL FOLD TSLA TWTR WHX FB TM NFLX X EOG
08:38 EDTBACRevolution Lighting enters loan, security agreement with BofA
Revolution Lighting (RVLT) announced that it has entered into a three year loan and security agreement with Bank of America (BAC). The agreement allows Revolution Lighting to borrow up to $25M on a revolving basis. Borrowings under the agreement are determined on specified percentages of eligible receivables and inventory, and bear interest either on the base rate plus specified margins or at LIBOR plus specified margins, at the election of Revolution Lighting. The loan provides Revolution Lighting with favorable interest rates with an initial interest rate of 3%. The agreement contains customary covenants and restrictions typical of these agreements.
August 19, 2014
16:45 EDTBABombardier shakes up commercial aircraft marketing division, WSJ says
Canadian transportation company Bombardier (BDRBF) has replaced its commercial aircraft marketing chief Philippe Poutissou with Ross Mitchell, says the Wall Street Journal. The moves come as part of a broader restructuring of Bombardier's marketing division as the company competes with Boeing (BA) and Airbus Group (EADSY), added the Wall Street Journal. Reference Link
09:38 EDTFBActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL GILD TSLA CELG VLO VZ FB HD
06:34 EDTGSGoldman abandons effort to toss out $1B Gaddafi suit, Telegraph says
Goldman Sachs (GS) abandoned its effort to toss out a London court suit from the Libyan Investment Authority who alleged that the bank lost over $1B worth of funds during the final years of Muammar Gaddafi's reign as dictator, according to the Telegraph, citing comments from the LIA. The LIA sued both Goldman and Societe Generale (SCGLY) over claims that the banks' London divisions took-in exorbitant fees while losing money in derivative trades. Reference Link
06:20 EDTBACBofA COO transfers, senior manager assumes role, Bloomberg says
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August 18, 2014
10:32 EDTGSProcter & Gamble likely to divest Duracell, Braun, Reuters reports
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09:35 EDTFBActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL AMZN DG TSLA GILD FB ABX WFC C
09:20 EDTGSDeutsche Bank appoints Shannon Americas Chief Information Officer
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09:20 EDTFBFacebook Q3 North American revenue tracking slightly above, says ITG Research
ITG Research said Facebook's Q3 North American revenue is tracking to $1.45B vs. consensus of $1.4B.
06:47 EDTMS, BACU.S. banks consider Ireland fitting spot for EU divisions, FT says
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06:47 EDTFBFacebook volatility at low end of historic range
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August 17, 2014
16:34 EDTGSMick Davis in talks to buy Colombia's CNR from Goldman, Sunday Times says
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August 15, 2014
13:35 EDTFBFacebook July metrics remain strong, says JPMorgan
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10:07 EDTBACBank of America reports July default rate 3.01% vs. 3.24% last month
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07:35 EDTJPMJPMorgan reports July net credit losses 2.59% vs. 2.83% last month
Reports July delinquency rate 1.32% vs. 1.33% last month.
07:25 EDTFBFacebook Messenger said to receive harsh criticism, FT reports
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06:48 EDTMSMorgan Stanley settles overtime pay suit with $4.2M, Reuters says
Morgan Stanley and sales assistants in the firm's wealth management division system who alleged that they were owed overtime compensation finally agreed to settle the matter with $4.2M, according to Reuters, citing comments from a company spokeswoman in an e-mail. The spokeswoman said, “Morgan Stanley maintains robust policies to ensure that non-exempt employees are paid for all time worked. However, with this settlement we will put an end to protracted and expensive litigation that is a distraction from our business.” Reference Link
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