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Stock Market & Financial Investment News

News For JPM;BAC;GS;C;USB;MS;WFC From The Last 14 Days
Check below for free stories on JPM;BAC;GS;C;USB;MS;WFC the last two weeks.
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June 11, 2013
07:30 EDTBAC, USB, WFCMorgan Stanley to host a conference
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07:25 EDTJPM, CInternational Economic Forum of the Americas to host a forum
19th Conference of Montreal is being held in Montreal, Canada on June 10-13.
07:19 EDTCCitigroup EPS can increase about 45% over next two years, says Bernstein
Bernstein believes that Citigroup's adjusted EPS can jump about 45% over the next two years, driven by lower credit costs and positive operating leverage,. The firm thinks the company can meet or exceed cost reductions reflected in consensus estimates and it keeps an Outperform rating on the stock.
June 10, 2013
18:58 EDTGSOn The Fly: After Hours Movers
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16:21 EDTBACFifth Third Bancorp names Frank Forrest as Chief Risk and Credit Officer
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16:11 EDTGSTimken retains Goldman Sachs to evaluate separation of steel business
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16:01 EDTCOptions Update; June 10, 2013
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16:01 EDTCOptions Update; June 10, 2013
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11:52 EDTBACTelefonica seeks bids for Irish unit during June, Bloomberg says
Telefonica (TEF) is said to be seeking offers for its Irish unit, 02, within this month, reported Bloomberg, citing two people with information on the matter. The sale process is being run by Bank of America (BAC) and Hutchison Whampoa, Eircom Group and Liberty Global’s (LBTYA) UPC Ireland were among those that received sale information, one source said. Reference Link
10:04 EDTMSOn The Fly: Analyst Downgrade Summary
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10:00 EDTBACBank of America Merrill Lynch expands transaction services in Canada
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09:04 EDTJPM, GSBeverage Digest to host a conference
Wall Street Smarts is being held in New York on June 10.
07:11 EDTC, GSNational Investor Relations Institute to host conference
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05:59 EDTMSMorgan Stanley downgraded to Perform from Outperform at Oppenheimer
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June 7, 2013
16:14 EDTWFCFormer Wells Fargo unit reaches agreement with Fed on mortgage loans
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15:13 EDTJPMJPMorgan management to meet with JPMorgan
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12:35 EDTMSLPL Financial names Oroschakoff chief risk officer
LPL Financial (LPLA) announced that Michelle Oroschakoff has been appointed chief risk officer and managing director. Oroschakoff will be based in San Diego and will report to Mark Casady, financial chairman and CEO. Oroschakoff joins LPL Financial from Morgan Stanley (MS), where she was most recently the global chief risk officer of the wealth management division.
10:11 EDTGS, BAC, MS, COn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: ARM Holdings (ARMH) initiated with a Hold at Topeka... American Software (AMSWA) initiated with a Buy at B. Riley... Amkor Technology (AMKR) initiated with a Buy at Topeka... Applied Micro Circuits (AMCC) initiated with a Hold at Topeka... Bank of America (BAC) initiated with an Underperform at Macquarie... Boulder Brands (BDBD) initiated with an Outperform at Imperial Capital... Broadcom (BRCM) initiated with a Buy at Topeka... Cadence Design (CDNS) initiated with a Buy at Topeka... Citigroup (C) initiated with an Outperform at Macquarie... Consolidated Water (CWCO) initiated with a Buy at Roth Capital... Cornerstone OnDemand (CSOD) initiated with an Equal Weight at Stephens... Crosstex Energy LP (XTEX) initiated with a Buy at Citigroup... Demandware (DWRE) initiated with an Overweight at Stephens... Freescale (FSL) initiated with a Buy at Topeka... Garmin (GRMN) initiated with an Outperform at Raymond James... Goldman Sachs (GS) coverage resumed with a Neutral at Macquarie... Mellanox (MLNX) initiated with a Hold at Topeka... Morgan Stanley (MS) initiated with an Outperform at Macquarie... Myriad Genetics (MYGN) initiated with a Buy at Cantor... NXP Semiconductors (NXPI) initiated with a Buy at Topeka... Piedmont Natural Gas (PNY) initiated with a Hold at BB&T... Platinum Group (PLG) initiated with an Outperform at BMO Capital... Qualcomm (QCOM) initiated with a Hold at Topeka... Rambus (RMBS) initiated with a Buy at Topeka... Spreadtrum (SPRD) initiated with a Buy at Topeka... Steven Madden (SHOO) initiated with an Overweight at Piper Jaffray... Take-Two (TTWO) initiated with a Buy at Stifel... Wolverine World Wide (WWW) initiated with a Neutral at Piper Jaffray.
10:11 EDTJPMOn The Fly: Analyst Downgrade Summary
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08:17 EDTBACPIMCO supports BofA's $8.5B mortgage settledment, Bloomberg reports
Bank of America's (BAC) $8.5B mortgage-bond settlement is “outstanding” for investors, says Kent Smith, an executive VP at Pimco who helped negotiate the agreement, and who testified in a trial over the agreement, reports Bloomberg. The settlement was reached after an investor group that included Pimco and BlackRock (BLK) at first demanded $12B. The accord resolves claims from Countrywide Financial mortgage-bond investors over loans bundled into securities. AIG (AIG) is fighting the settlement, saying Bank of America isn’t paying enough to compensate investors. Reference Link
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