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Stock Market & Financial Investment News

News Breaks
September 5, 2012
05:55 EDTJEF, JEF, RJF, RJF, WFC, WFC, MRO, MRO, APO, APO, LINE, LINEHart Energy to host a conference
11th Annual A&D Strategies and Opportunities Conference is being held in Dallas on September 5-6.
News For JEF;RJF;WFC;MRO;APO;LINE From The Last 14 Days
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May 21, 2013
07:36 EDTMROUBS to host a conference
Global Oil & Gas Conference is being held in Austin, Texas on May 20-23 with webcasted company presentations to begin on May 21 at 8:30 am; not all company presentations may be webcasted. Webcast Link
07:26 EDTWFCBarclays to host a conference
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07:13 EDTWFCU.S. bank mergers less likely this year, Bloomberg reports
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05:45 EDTRJFRaymond James downgraded to Market Perform from Outperform at Wells Fargo
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May 20, 2013
11:49 EDTWFCWells, Citi halt most foreclosure sales amid OCC scrutiny, American Banker says
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07:41 EDTMROMitsubishi UFJ Securities to host an energy tour
May Energy Tour travels throughout the Houston and San Antonio area on May 20-23.
07:10 EDTAPONY State investigates firms' investments that back fixed annuities, WSJ reports
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06:09 EDTAPOOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: The New York Department of Financial Services yesterday sent subpoenas to Apollo Global Management (APO), Guggenheim Partners and Harbinger Group (HRG) as part of an investigation seeking more information on investments that back so-called fixed annuities, sources say, the Wall Street Journal reports...As Home Depot (HD) and Lowe’s (LOW) report fiscal Q1 results this week, the reconstruction phase from last year's superstorm Sandy will be looming large as cooler-than-normal temperatures delay spring selling, the Wall Street Journal reports...REUTERS: Danone Group (DANOY) will invest $417M in two deals with China Mengniu Dairy Co., marking a comeback for the French group in China where scandals have hurt confidence in food safety, Reuters reports...The Nikkei share average surged to a new 5 1/2 year high today, boosted by further weakness in the yen and optimism over the growth outlook after the Japanese government raised its assessment of the economy for the first time in two months, Reuters reports...BLOOMBERG: The longest decline in Treasuries this year has left U.S. government debt the cheapest since March 2011 when measured by real yields and the best relative value compared with German bunds in more than two decades, Bloomberg reports...As JPMorgan Chase’s (JPM) Jamie Dimon prepares for a vote Tuesday on whether he should keep his chairman and CEO titles, he may take comfort knowing that seven of the bank’s 10 largest owners are run by CEOs who are also chairmen, Bloomberg reports.
May 16, 2013
08:33 EDTWFCBofA/Merrill's gobal financial analysts hold an analyst/industry conference call
Global Financial Institutions Analysts discuss their Global Financials Quarterly Best Ideas Report on an Analyst/Industry conference call. Relevant companies AIG, ALL, ASBC, BCH, BKU, BBT, BBD, C, CMA, EVER, FITB, FHN, FRC, FULT, HBAN, ING, KEY, MTB, PNC, RF, STI, SUSQ, SNV, HIG, USB, WFC, XL and ZION may be included on the Analyst/Industry conference call to be held on May 16 at 10 am.
06:41 EDTWFCBig banks to benefit from U.S. concession on derivatives, NY Times says
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May 15, 2013
17:53 EDTWFCWells Fargo confirms reinstatement of $203M judgment in overdraft case
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17:18 EDTMROBP Capital gives quarterly update on stakes
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16:55 EDTWFCBerkshire Hathaway gives quarterly update on stakes
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15:45 EDTWFCJudge orders Wells Fargo to pay $203M to settle overdraft case, Retuers says
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07:11 EDTAPOSome buyout firms move beyond buyouts, WSJ reports
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06:08 EDTAPOOn the Fly: Periodicals Wrap-Up
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May 14, 2013
10:01 EDTRJFOn The Fly: Analyst Initiation Summary
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08:33 EDTWFCCFTC investigates swap contracts, FT reports
The Commodity Futures Trading Commission issued a “special call” asking Wall Street banks and other traders to provide documents that would prove recent derivatives transactions known as “exchanges of futures for swaps” were legal. Lawyers at the CFTC enforcement division are also scrutinizing the trades for possible violations. The probe is into the legitimacy of more than 1M energy and metals transactions by the biggest traders in commodities markets over the past two years.Reference Link
06:48 EDTRJFRaymond James initiated with an Overweight at Evercore
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06:19 EDTWFCBrokerage firms see market share drop, competition increase, Bloomberg reports
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