New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For JPM;CS;DELL;PENN;SHF;FLO;DVAX;SHLD From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | 3 | all recent news | >>
February 26, 2015
15:02 EDTJPMFed extends capital surcharge for SiFi banks comment period to April 3
The Federal Reserve extended until April 3 the comment period for its proposed rule to implement capital surcharges for the largest, most systemically important U.S. bank holding companies. The Fed extended the comment period to allow interested persons more time to analyze the issues and prepare their comments. Originally, comments were due by March 2. The proposed rule would establish a methodology to identify whether a firm is a global systemically important banking organization and would also establish the size of a firm's risk-based capital surcharge. The proposal is designed to further strengthen the capital positions of these institutions. Large U.S. banks include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC).
14:01 EDTJPMBarclays to double provision for forex rigging fines, Sky News says
Barclays (BCS), which previously excluded itself from a broader settlement between several banking peers and regulators over alleged manipulation of foreign exchange rates as it worked to secure a binding agreement with all relevant authorities, will more than double its existing provision for forex fines next week, which may indicate that a settlement deal could be announced soon, said Sky News. Barclay took a GBP500M charge during the course of last year in advance of expected forex issue costs, the report noted. Other banks that previously agreed to a settlement included Bank of America (BAC), Citibank (C), HSBC (HSBC), JPMorgan Chase (JPM), RBS (RBS) and UBS (UBS). The report indicates that U.S. regulators have stepped up talks with banks including Barclays and the others involved. Reference Link
10:50 EDTJPMNew York regulator considering cybersecurity, cash laundering controls, WSJ says
Subscribe for More Information
10:36 EDTSHLDOptions with decreasing implied volatility
Subscribe for More Information
10:00 EDTCSOn The Fly: Analyst Initiation Summary
Subscribe for More Information
06:44 EDTSHLDSears says targeting REIT formation in May or June
Sears said "We are continuing our efforts to develop Sears Holdings as a membership company, without the significant asset intensity of its traditional retail business. To this end, we announced in November that we have been exploring the formation of a Real Estate Investment Trust to purchase some of our properties and to manage them like a pure real estate company. While we can offer no assurances that such a transaction will be consummated, we have made progress and are proceeding towards its formation and separation, which is projected to occur in May or June of this year. We are currently targeting between 200 and 300 Sears and Kmart stores to be sold to the REIT with expected proceeds to Sears Holdings in excess of $2B. The REIT itself would be funded by equity and debt with the equity raised through a rights offering. The subscription rights would be distributed pro rata to all stockholders of record of the company, and every stockholder would have the right to participate, except that holders of the company's restricted stock that is unvested as of the record date would be expected to receive cash awards in lieu of subscription rights."
06:09 EDTSHLDSears reports Q4 EPS ($1.50), one estimate ($1.89)
Subscribe for More Information
05:32 EDTCSCredit Suisse initiated with an Underperform at Exane BNP Paribas
Subscribe for More Information
February 25, 2015
15:05 EDTSHLDNotable companies reporting before tomorrow's open
Subscribe for More Information
13:34 EDTJPMDeutsche Bank hires JPMorgan senior banker Jeff Urwin
Subscribe for More Information
08:59 EDTSHLDSears Holdings volatility elevated into Q4 and outlook
Subscribe for More Information
08:47 EDTJPMJPMorgan valuation discount overdone, says Goldman
Subscribe for More Information
08:33 EDTJPMJPMorgan core franchise outlook positive, says Bernstein
Subscribe for More Information
06:23 EDTJPMJPMorgan in talks with DOJ over auto loan pricing
Subscribe for More Information
06:13 EDTJPMJPMorgan to close 300 bank branches over two years, AP reports
Subscribe for More Information
February 24, 2015
13:07 EDTCSEU official: Euro banks shouldn't also go through Fed's stress test, WSJ says
Jonathan Hill, the European Unionís new financial markets chief, told The Wall Street Journal that he does not see a need for the U.S. to give stress tests to European banks that have already received health checks in Europe. Hill says banks across Europe are "properly and sensibly capitalized." The WSJ reported last week that the U.S. units of two European banks, Deutsche Bank (DB) and Banco Santander (SAN), are set to fail the Federal Reserve's stress tests, though they passed ECB stress tests last year. Reference Link
10:53 EDTJPMJPMorgan rises, levels to watch
Subscribe for More Information
09:25 EDTJPMJPMorgan sees pro forma net income growing to about $30B over 3 year horizon
Subscribe for More Information
09:11 EDTJPMJPMorgan CFO says will 'aggressively' manage G-SIB exposures
CFO Lake says may take at actions to reduce G-SIB buffer to 4% if required actions are accretive.
09:06 EDTJPMJPMorgan CFO says company seeks to raise dividends if approved
Subscribe for More Information
<< 1 | 2 | 3 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use