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Stock Market & Financial Investment News

News Breaks
February 28, 2013
12:06 EDTWFC, C, JPM, MS, GS, USB, BACFed's Lockhart sees low-rate environment continuing, Dow Jones says
Federal Reserve Bank of Atlanta President Dennis Lockhart said, "It's fair to continue to predict that we're going to have a low interest rate environment for some time." Lockhart referred to previous guidance from the Federal Open Market Committee, targeting a jobless rate approaching 6.5%, before any rate change implementation. Lockhart sees rates at current levels until mid-2015, says Dow Jones, citing Dennis Lockhart comments before a banking conference.
News For JPM;BAC;GS;C;USB;MS;WFC From The Last 14 Days
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June 6, 2013
06:47 EDTCCitigroup volatility increases as shares pullback
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06:16 EDTMSGlencore to hire four Morgan Stanley LNG traders, Bloomberg reports
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06:09 EDTWFCNAB seeks U.S. loan market tie-up with Wells Fargo, Reuters reports
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06:06 EDTBACCIT's Thain regrets selling Merrill Lynch to Bank of America, WSJ reports
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06:03 EDTGSOn the Fly: Periodicals Wrap-Up
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June 5, 2013
18:15 EDTJPMFERC sides with CA regulators in energy dispute with JPMorgan, Sac Bee says
The Federal Energy Regulatory Commission sided with the California Independent System Operator in its fight against JPMorgan regarding the firm's energy bidding practices, reports The Sacramento Bee. The California ISO says it is owed $53M by the company, but the report says the FERC order isn't final, pending additional data regarding pricing. Reference Link
16:01 EDTC, BACOptions Update; June 5, 2013
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14:26 EDTUSBU.S. Bancorp unit sued over Peregrine funds, WSJ reports
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08:03 EDTGSGoldman Sachs increases Indian renewable energy investment, FT reports
Goldman Sachs’s private equity arm is investing another $135M into ReNew Wind Power, a sign of the increasing interest in Asian renewables, reports the Financial Times. The additional $135M will take its total to $385M invested out of a possible $500M earmarked for the company. Reference Link
07:29 EDTWFCDeutsche Bank to host a conference
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07:11 EDTGS, BAC, JPMWall Street cools on natural gas, WSJ reports
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07:10 EDTJPM, MSWall Street brings back one of its riskiest bets, WSJ reports
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06:15 EDTC, GS, MSGoldman Sachs sucessful in Saudi property bond, Bloomberg reports
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06:09 EDTBACAIG says $8.5B settlement with BofA not big enough, Reuters reports
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06:03 EDTMS, BAC, JPMOn the Fly: Periodicals Wrap-Up
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05:43 EDTJPMTech firms applaud Obama patent move, WSJ reports
Technology companies welcomed the Obama administration's decision to enter the debate over patent litigation, seeing a chance to stem a flood of lawsuits they say is hurting innovation, reports the Wall Street Journal. Reference Link
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