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Stock Market & Financial Investment News

News Breaks
March 20, 2013
07:46 EDTBAC, MBI, CSMBIA risks running out of cash within four months, NY Post says
MBIA (MBI) may run out of cash in about four months and if its cash flow problems are not resolved shortly, state regulators will likely step in and seize the unit that insures mortgage securities, according to The New York Post. MBIA, which is involved in suits with Bank of America (BAC), Credit Suisse (CS) and Ally Financialís ResCap unit, has a goal of collecting $3.6B from claims against the banks. To reach its goal, MBIA would need to collect $3B from BofA, but that bank wants to settle for closer to $1B, the report said, citing a source. Reference Link
News For MBI;BAC;CS From The Last 14 Days
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November 25, 2014
06:04 EDTBACBank of America implied volatility of 15 at lower end of index mean range
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November 24, 2014
07:01 EDTBACFed could further restrict banks' commodities businesses, NY Times says
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06:26 EDTBACFaith-based investors ask BofA to split chairman, CEO roles, WSJ reports
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November 21, 2014
07:24 EDTBACBB&T CEO says 'banks lending recklessly' again, Reuters reports
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November 20, 2014
07:23 EDTBACBoston Security Analysts Society to hold a conference
Sustainable Investing: Taking the Long View is being held in Boston on November 20.
07:11 EDTBACBofA/Merrill to hold a conference
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November 19, 2014
07:51 EDTBACClearing House Payments Company to hold a conference
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07:34 EDTCSNYSSA to hold a forum
Fall 2014 ETP Trading & Investing Forum is being held in New York on November 19.
November 18, 2014
06:34 EDTCSDraghi sees positive signs in euro zone, NY Times reports
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November 17, 2014
10:15 EDTBACBank of America reports October default rate 2.81% vs. 2.93% last month
Reports October delinquency rate 1.94% vs. 1.92% last month.
November 13, 2014
07:36 EDTCSGeorge Washington University & Princeton University hold conference
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