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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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| May 14, 2013 | | 05:58 EDT |  | JPM | JP Morgan volatility at low end of six-year range
JP Morgan May call option implied volatility is at 22, June is at 20, August and September at 19; compared to its 26-week average of 22 according to Track Data, suggesting non-directional price movement. | | | 05:53 EDT |  | FB | Web browsers are being reinvented, WSJ reports
 Subscribe for More Information | | | 05:44 EDT | | DELL, JPM, MS | Banks work deals from both sides of the field, WSJ reports
Subscribe for More Information | | | May 13, 2013 | | 16:49 EDT |  | DELL | Icahn, Southeastern to nominate several parties to Dell board
Subscribe for More Information | | | 16:25 EDT |  | DELL | On The Fly: Closing Wrap
Stocks on Wall Street were little changed from their opening levels as investors weighed the potential end of the Fed's quantitative easing program against a better than expected report on retail sales. The Wall Street Journal's Jon Hilsenrath suggested in a report over the weekend that the Federal Reserve has mapped a QE exit strategy. The report paired with the retail sales data left the market lacking conviction in either direction today, as the averages spent the majority of the session range-bound near the flatline. ECONOMIC EVENTS: In the U.S., retail sales rose 0.1% in April, which beat expectations for a 0.3% decline. Retail sales excluding autos, gas, and building materials rose 0.6%, which was also better than expected. Business inventories were flat in March, versus expectations for a 0.3% gain. In Asia, Chinese factory output grew 9.3% annually in April, which was up from 8.9% in March but still missed expectations for a 9.5% growth rate. COMPANY NEWS: The Supreme Court ruled unanimously that Monsanto's (MON) patented genetically altered soybeans are protected and that farmers cannot use them to create new seeds without paying the company... Dell's (DELL) special committee publicly asked for more information from Carl Icahn and Southeastern Asset Management about their proposed leveraged recapitalization. This request follows television interviews by Icahn last Friday in which he discussed his Dell proposal, as well as a weekend report in Barron's saying the Icahn and Southeastern plan could be a better deal for shareholders. MAJOR MOVERS: Among the notable gainers was Theravance (THRX), up $6.26, or 17.92%, to $41.20 after Elan Corporation (ELN) bought a stake in the potential future royalty payments from four respiratory programs partnered with GlaxoSmithKline (GSK) in exchange for $1B in cash. Also higher was Tesla (TSLA), which rose $11.04, or 14.38%, to $87.80 in its third straight double-digit percentage gain following a better-than-expected earnings report last week. Among the noteworthy losers was Barnes & Noble (BKS), down $2.21, or 9.48%, to $21.10 after the blog InsiderMonkey disputed a previous report about Microsoft's (MSFT) interest in the bookseller's NOOK assets. Also lower was JoS. A. Bank (JOSB), down $3.31, or 7.16%, to $42.90 after the company's first quarter earnings view came in below expectations. INDICES: The Dow was down 26.81, or 0.18%, to 15,091.68; the Nasdaq was up 2.21, or 0.06%, to 3,438.79; and the S&P 500 was nearly unchanged at 1,633.77. | | | 15:04 EDT | | BAC, MS, JPM, GS | Fed says large banks must submit midyear stress tests on July 5
Eighteen large U.S. bank holding companies are required to submit the results of their company-run, midyear stress tests to the Federal Reserve on July 5, the Federal Reserve said. The Dodd-Frank Wall Street Reform and Consumer Protection Act required that large bank holding companies and non-bank financial institutions that are designated for Federal Reserve supervision by the Financial Stability Oversight Council conduct two stress tests each year. In the midyear test, which is being conducted for the first time in 2013, each firm develops its own baseline, adverse, and severely adverse scenarios to best reflect its individual operations and risks. Each firm in the midyear test is required to release the results produced under its severely adverse scenario, helping promote market discipline and understanding of the financial conditions and risks of individual firms, between September 15 and September 30, the Fed added. | | | 12:20 EDT | | DELL | On The Fly: Midday Wrap
Subscribe for More Information | | | 12:17 EDT | | FB | Facebook's Waze deal hits snag, BGR reports
Facebook's acquisition of social navigation company Waze has hit some complications, said BGR, citing a report from the Israeli newspaper Calcalist. The main area of contention is Facebook's desire to close Waze’s Israel-based R&D center and transfer several employees to the U.S., the report said. Reference Link | | | 11:48 EDT | | BA | United says two of six Boeing 787 converted to new FAA standard
Subscribe for More Information | | | 11:29 EDT | | BA | Pentagon contracts tumbled in April, Washington Post says
Subscribe for More Information | | | | 08:30 EDT |  | BA | Boeing price target raised to $120 from $100 at Sterne Agee
Subscribe for More Information | | | 07:41 EDT | | JPM | Dimon role may be decided by board director Raymond's view, NY Times reports
Subscribe for More Information | | | 07:30 EDT |  | BA | TechConnect to host a summit
2013 National Innovation Summit is being held in Washington, D.C. on May 12-16. | | | 07:22 EDT | | DELL | Dell special committee asks for more info from Icahn, Southeastern Asset
Subscribe for More Information | | | 07:17 EDT | | DELL | Dell special committee asks for more info from Icahn, Southeastern Asset
| | | 07:07 EDT | | JPM | JPMorgan shares offer good value, says Bernstein
Subscribe for More Information | | | 06:40 EDT | | FB | Facebook Home not very popular so far, AllThingsD says
Less than 1M people have downloaded Facebook's (FB) new Android app, Facebook Home, since the app was released about a month ago, AllThingsD reported Friday afternoon, citing statements by the social network. As far as popularity is concerned, the app is "not exactly a home run," AllThingsD stated. On the other hand, it is only currently available for five devices that use Google's (GOOG) Android operating system, the website added. Reference Link | | | 06:22 EDT | | JPM | JPMorgan's Dimon has considered leaving the bank, WSJ reports
Subscribe for More Information | | | May 12, 2013 | | 18:35 EDT | | DELL | Carl Icahn's newest offer could be better deal for Dell holders, Barron's says
Subscribe for More Information | | | 13:44 EDT | | FB | Facebook's general counsel leaving company, AllThingsD says
Facebook’s general counsel Ted Ullyot is leaving the company to take some time off. Ullyot will be leaving in July and the search for his replacement will include internal and external candidates, says AllThingsD. Reference Link | | |
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