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News Breaks | | | | August 26, 2009 | | 07:33 EDT |  | USB, GS, BAC, WFC, C, MS | U.S. stock futures mixed before orders data
U.S. stock futures this morning lost some steam ahead of the durable-goods orders for July, which will be released at 8:30 a.m. ET. Meanwhile, new-home sales for July, due at 10 a.m., may show improvements. Economists polled by MarketWatch expect a 4% improvement in orders and a rise in new-home sales to 395,000 from 384.000. Also on the agenda today: The Treasury is selling $39B of five-year notes, and Atlanta Fed President Dennis Lockhart will discuss the economy at 12 p.m. Health-care stocks also will be in the spotlight after the death of Sen. Edward Kennedy, a noted advocate for health reform. Speculation will center on whether Kennedy's death will spur Congress to approve the languishing health initiatives. S&P 500 futures fell 2.70 to 1,023.40 while Nasdaq 100 futures rose 1.8 points to 1,638.20. Futures on the Dow Jones Industrial Average were down 18 points to 9,504. | |
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News For GS;MS;WFC;USB;C;BAC From The Last 14 Days Check below for free stories on GS;MS;WFC;USB;C;BAC the last two weeks. |
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| May 7, 2013 | | 10:03 EDT |  | WFC | Prudential Retirement partners with Wells Fargo
 Subscribe for More Information | | | 09:38 EDT |  | BAC | Active equity option families trading
Subscribe for More Information | | | 09:17 EDT | | BAC | On The Fly: Pre-market Movers
Subscribe for More Information | | | 06:01 EDT |  | C | Antero Resources, controlled by Warburg Pincus, plans IPO, Reuters reports
Denver-based Oil and gas company Antero Resources, controlled by Warburg Pincus LLC, is preparing for an IPO that could value it at as much as $10B, sources say, reports Reuters. Antero hired Barclays (BCS), JP Morgan Chase (JPM) and Citigroup (C) to lead the deal, sources added. Reference Link | | | 05:50 EDT | | BAC, C, WFC | Mortgage lenders ease standards for 'prime' borrowers, WSJ reports
Subscribe for More Information | | | May 6, 2013 | | 16:39 EDT | | BAC | On The Fly: Closing Wrap
The Wall Street averages were mixed as a light news flow and light volume did little to catalyze a further advance. Still, with its positive close, the S&P 500 managed to set a new all-time closing high. ECONOMIC EVENTS: In the U.S., no major economic data was reported. COMPANY NEWS: Bank of America (BAC) and MBIA (MBI) announced a comprehensive settlement to resolve all claims between the two companies. As part of the settlement, Bank of America will pay MBIA $1.6B in cash, receive warrants to purchase a 4.9% equity stake in MBIA and provide a $500M credit facility to the bond insurer. Bank of America also said it would take $1.3B in Q1 charges related to the settlement and that its first quarter earnings would be negatively impacted by 10c per share. Shares of MBIA, which spiked higher near noon after Dow Jones first reported the settlement, closed up $4.46, or 45.37%, to $14.29. Bank of America shares added 64c, or 5.23%, to $12.88... A team of private-equity firms led by Bain Capital and Golden Gate Capital agreed to buy BMC Software (BMC) for $46.25 per share in cash, or $6.9B. BMC shares, which have added more than 14% year-to-date amidst reports of negotiations for the deal, closed unchanged at $45.42. MAJOR MOVERS: Among notable gainers was Arkansas Best (ABFS), up $4.18, or 39.62%, to $14.73 after reaching a tentative labor agreement with the Teamsters union. Also higher was Tesla (TSLA), up $4.95, or 9.07%, to an all-time closing high of $59.50 after Barclays raised its price target on shares to $56 from $38 and the company named Aston Martin's lead vehicle engineer as VP of vehicle engineering. Among the noteworthy losers were LINN Energy (LINE), down $1.97, or 5.21%, to $35.75, and its spin-off LinnCo (LNCO), down $2.59, or 6.2%, to $39.24, following a cautious mention in this weekend's Barron's magazine. Also lower were shares of Tyson Foods (TSN), down 83c, or 3.33%, to $24.10 after its earnings report. INDICES: The Dow was down 5.07, or 0.03%, to 14,968.89; the Nasdaq was up 14.34, or 0.42%, to 3,392.97; and the S&P 500 was up 3.08, or 0.19%, to 1,617.50. | | | 16:03 EDT | | C | Options Update; May 6, 2013
Subscribe for More Information | | | 15:48 EDT | | BAC | MBIA to receive $1.7B net payment in settlement with Bank of America
Subscribe for More Information | | | 15:44 EDT | | BAC | BofA receives warrants for 9.94M shares of MBIA stock as part of settlement
| | | 15:42 EDT | | BAC | MBIA to receive $1.7B net payment in settlement with Bank of America
Subscribe for More Information | | | | 15:35 EDT | | BAC | BofA confirms settlement with MBIA, lowers Q1 EPS by 10c
Subscribe for More Information | | | 15:31 EDT |  | BAC | BofA says MBIA pact, related issues cuts Q1 net EPS by 10c per share
Subscribe for More Information | | | 15:29 EDT | | BAC | Bank of America confirms comprehensive settlement With MBIA
Subscribe for More Information | | | 13:19 EDT | | C | Citigroup investor: Idea of splitting bank 'completely dead,' Reuters reports
Saudi prince Alwaleed bin Talal, Citigroup's largest individual shareholder, says that the idea of splitting up the bank is "dead completely," adding that the conservative strategy of CEO Mike Corbat is starting to reflect in its financial results, Reuters reports. Reference Link | | | 12:59 EDT | | BAC | Bank of America, MBIA in $1.7B mortgage settlement, WSJ reports
Subscribe for More Information | | | 12:53 EDT | | BAC | On The Fly: Midday Wrap
Subscribe for More Information | | | 12:46 EDT | | C | Citigroup investor: Idea of splitting bank 'completely dead,' Reuters reports
Subscribe for More Information | | | 12:33 EDT | | BAC | Merrill Lynch Wealth Management names Ashvin Chhabra CIO
Subscribe for More Information | | | 12:16 EDT | | BAC | MBIA continues rise, up 39% after Dow says to settle suit with BofA
Subscribe for More Information | | | 12:12 EDT | | BAC | Bank of America up 3% after Dow reports settlement of suit with MBIA
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