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 | >>
October 30, 2014
07:32 EDTSHLDSears files Rights offering for senior unsecured notes and warrants
Subscribe for More Information
07:18 EDTJPMFinancial Research Associates to hold a conference
Subscribe for More Information
October 29, 2014
07:12 EDTJPMJPMorgan no longer planning to build new $6.5B headquarters, NY Times reports
Subscribe for More Information
06:39 EDTCSECB says loan demand expected to rise, Reuters reports
Demand for loans from euro zone banks is expected to rise sharply this quarter, the European Central Bank stated in a report, according to Reuters. Meanwhile, the bloc's banks are expected to ease credit standards in Q4, after credit standards in France and Germany eased in Q3, the news service quoted the ECB as saying. Publicly traded companies in the space include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS). Reference Link
October 28, 2014
11:38 EDTSHLDKohl's sinks after profit, sales growth outlook misses expectations
Subscribe for More Information
09:34 EDTPENNNevada reports September statewide gaming win down 5.97% to $901.7M
Subscribe for More Information
October 27, 2014
10:00 EDTFLOOn The Fly: Analyst Initiation Summary
Subscribe for More Information
07:30 EDTCSInternational Economic Forum of the Americas to hold a forum
Subscribe for More Information
06:31 EDTFLOFlowers Foods initiated with a Sell at Pivotal Research
Subscribe for More Information
October 26, 2014
17:32 EDTCSEuropean banks may gain after ECB stress tests, Bloomberg says
Subscribe for More Information
13:27 EDTCSECB releases results of bank stress test
Subscribe for More Information
October 24, 2014
08:44 EDTCSECB draft shows 25 EU banks set to fail stress test, Bloomberg says
Bloomberg cites a draft ECB document the news service has viewed. Publicly traded EU banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS).
October 23, 2014
12:23 EDTSHLDSears says store closures story 'not accurate,' USA Today reports
Sears called the Seeking Alpha story regarding its plans to close over 100 Sears and Kmart stores and lay off more than 5,400 employees "not accurate," USA Today reports, citing an email from the company. Reference Link
09:37 EDTSHLDSears to cloes stores, lay off about 5,500 employees, Seeking Alpha reports
Sears plans to lay of 5,457 workers and close over 100 Kmart, Sears and Sears Auto Center locatoins, reports Seeking Alpha. nquiries with stores, mall managers and reporters across the country reveal that at least 46 Kmart stores, 30 Sears department stores and 31 Sears Auto Centers are scheduled to close before the end of January. Stores in Pennsylvania, Michigan and Indiana will be hardest hit. Reference Link
07:07 EDTPENNPenn National now sees FY14 revenue $2.56B, consensus $2.54B
Subscribe for More Information
07:06 EDTPENNPenn National sees Q4 revenue $621.1M, consensus $619.13M
07:05 EDTPENNPenn National reports Q3 EPS 10c, consensus 6c
Subscribe for More Information
06:43 EDTCSCredit Suisse head detects no tangible worries in forex probe, Reuters says
Subscribe for More Information
06:32 EDTJPMGovernment relaxing mortgage regulations, NY Times says
Subscribe for More Information
05:44 EDTCSCredit Suisse says 'mixed start to October'
Subscribe for More Information
05:44 EDTCSCredit Suisse reports Q3 net income CHF 1.03B vs. CHF 454M last year
Subscribe for More Information
October 22, 2014
13:50 EDTJPMJPMorgan executives aware of overseas hiring conerns, WSJ reports
Subscribe for More Information
12:42 EDTJPMJPMorgan management to meet with MKM Partners
Subscribe for More Information
06:46 EDTJPMJPMorgan head says illness has not changed his goals, Bloomberg says
JPMorgan CEO Jamie Dimon said that his throat cancer has not changed his goals to still work, even as he aims for retirement ambitions filled with teaching and humanitarianism, according to Bloomberg, citing comments from Dimon. Reference Link
06:16 EDTJPMBNY Mellon's Hong Kong unit to launch wealth management strategy, FT says
Subscribe for More Information
October 21, 2014
10:01 EDTCSPhoenix Companies partners with Credit Suisse
Phoenix Companies (PNX) announced that it has entered into a partnership with Credit Suisse (CS) to license the CS Tactical Multi Asset Index.
08:31 EDTJPM, CSEU fines JPMorgan, UBS, Credit Suisse for cartel on derivatives
The European Commission has found that four international banks, RBS (RBS), UBS (UBS), JP Morgan (JPM) and Credit Suisse (CS), operated a cartel on bid-ask spreads of Swiss franc interest rate derivatives in the European Economic Area. The Commission imposed fines worth a total of EUR 32.36M. RBS received immunity from fines for revealing the existence of the cartel to the Commission. UBS and JPMorgan received reductions of their respective fines for cooperating with the investigation under the Commission's 2006 Leniency Notice. UBS was fined EUR 12.65M, JP Morgan fined EUR 10.53M and Credit Suisse was fined EUR 9.17M.
08:28 EDTJPMEuropean Commission fines JMorgan EUR 61.68M over Libor influencing
Subscribe for More Information
08:18 EDTCS, JPMBasel Committee accelerating work on leverage ratio, FT says
The Basel Committee on Banking Supervision will begin work on the calibration of the leverage ratio, a measure of bank capital seen as less vulnerable to manipulation, sooner than previously planned, which suggests the finished rule could be released as soon as 2015 or 2016, which is ahead of the previous target date of 2017, reported Financial Times, citing comments from the secretary-general of the committee, William Coen. Publicly traded large U.S. banks include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Publicly traded large EU banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS). Reference Link
08:12 EDTJPM, CSJPMorgan, UBS, Credit Suisse to be fined by EU over Libor rigging, Reuters says
JPMorgan (JPM), UBS (UBS) and Credit Suisse (CS) will be fined $115M collectively for their roles in rigging Swiss franc Libor rates, with JPMorgan's fine of $89M making up the lion's share of the penalty, said Reuters, citing a person familiar, who added that Royal Bank of Scotland (RBS) would not be penalized for its own role since it alerted the European Commission to the issue. Reference Link
October 20, 2014
16:20 EDTSHLDOn The Fly: Closing Wrap
Subscribe for More Information
16:00 EDTSHLDOptions Update; October 20, 2014
Subscribe for More Information
15:07 EDTSHLDSears Holdings November volatility elevated on sharp rally
Subscribe for More Information
10:11 EDTSHLDSears comments on rights offering, Primark deal in blog entry
Subscribe for More Information
09:31 EDTJPMRobinhood.org to hold conference
Subscribe for More Information
07:24 EDTSHLDSears board approves rights offering
Sears announced that the company’s board of directors has approved a rights offering allowing its stockholders to purchase up to $625M in aggregate principal amount of 8% senior unsecured notes due 2019 and warrants to purchase shares of its common stock. This rights offering will generate up to an additional $625M in proceeds, if it is fully subscribed and closes as planned, with the proceeds to be used for general corporate purposes. The subscription rights will be distributed to all stockholders of record of the company, and every stockholder will have the right to participate on the same terms in accordance with its pro rata ownership of the company’s common stock, except that holders of the company’s restricted stock that is unvested as of the record date are expected to receive cash awards in lieu of subscription rights. In the rights offering, the company anticipates that holders of its common stock, other than holders of restricted stock that is unvested, will receive subscription rights on a pro rata basis based on shares of common stock held at the close of business on October 30, the record date for the rights offering. Each subscription right will entitle the holder thereof to purchase, at a subscription price equal to the principal amount of each note, one unit, consisting of an 8% senior unsecured note due 2019 in a principal to be determined and a number of warrants equal to that principal amount divided by the strike price for the warrants, with each warrant entitling the holder thereof to purchase one share of the company’s common stock at a strike price of $28.41, the closing market price on October 17. The warrants will be exercisable for a period of five years following the offering. Upon the closing of the rights offering, the components of the units will immediately separate from one another such that the senior unsecured notes and warrants will constitute separate securities and will be transferable separately. The subscription rights will be transferable and are expected to be listed and traded on the NASDAQ. The senior unsecured notes will be transferable but will not be listed for trading on any exchange. The warrants will be transferable, and the company intends to apply to list the warrants for trading on the NASDAQ. Holders of subscription rights who fully exercise all of their subscription rights may also make a request to purchase additional units through the exercise of an over-subscription privilege, although we cannot assure investors that any over-subscriptions will be filled.
07:21 EDTJPMFederal Reserve Bank of New York and Boston to hold a workshop
Subscribe for More Information
06:15 EDTSHLDSears files automatic mixed securities shelf
06:07 EDTSHLDSears enters into lease agreement with Primark for seven standalone stores
Sears Holdings announced that it has entered into lease agreements with Primark for seven standalone stores. Sears will continue to have a significant presence in six of these locations with a streamlined store format of up to 100,000 selling square feet at each store. Pursuant to the terms of such agreements and subject to customary conditions, Primark will lease from Sears Holdings a total of approximately 520,000 gross square feet of retail space in mall-based stores located in the Northeastern United States. The space is expected to be delivered to Primark over the next 12 to 18 months.
October 17, 2014
17:31 EDTSHLDESL Partners, affiliates acquire 17.74M common shares of Sears Canada
Subscribe for More Information
16:55 EDTJPMStocks end volatile week lower amid oil price plunge
Subscribe for More Information
09:06 EDTJPMJPMorgan and PNC Financial weakness a buying opportunity, say Morgan Stanley
Subscribe for More Information
07:00 EDTJPMJPMorgan in talks to build corporate campus in Manhattan, NY Times reports
JPMorgan Chase (JPM) is in negotiations with New York state and city officials over a potential $6.5B deal that would result in the construction of a corporate campus with two high rises on the West Side of Manhattan, the Wall Street Journal reports. Reference Link
06:07 EDTCSCredit Suisse names Sitohang Asia Pacific CEO
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