New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 3, 2013
06:09 EDTBCS, MPGSome commercial mortgage bonds seen as risky, WSJ reports
Some investors are now seeing problems with bonds backed by mortgages on commercial properties, reports the Wall Street Journal. Investors jumped into these bonds because of their relatively high yields. But demand sent prices soaring, and yields slid to record lows. Also, some investors continue to be concerned that defaults on these loans remain at historically high rates.Reference Link
News For MPG;BCS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 16, 2014
07:58 EDTBCSBarclays volatility at upper end of 18-month range
Barclays overall option implied volatility of 29 compares to its 26-week average of 26 according to Track Data, suggesting large price movement.
06:35 EDTBCSBank of England says seven of eight banks pass stress test
The Bank of England said that all but one of the eight banks passed its stress test. The one bank, Co-operative, needs to submit a revised plan to strengthen its balance sheet. Royal Bank of Scotland (RBS), Lloyds (LYG) and Co-operative were found to be the most susceptible to a housing crash and spike in unemployment. RBS and Lloyds passed the stress test, however. Both banks need improved capital positions, but have already put in place plans to do so, the central bank's Prudential Regulation Authority stated. Reference Link
December 12, 2014
16:19 EDTMPGOn The Fly: Closing Wrap
Subscribe for More Information
13:04 EDTMPGOn The Fly: Midday Wrap
Subscribe for More Information
09:41 EDTMPGMetaldyne Performance opens at $15.25, IPO priced at $15
09:37 EDTMPGMetaldyne Performance IPO indicated to open at $15.25
Subscribe for More Information
December 11, 2014
19:42 EDTMPGMetaldyne Performance 10M share IPO priced at $15.00
Subscribe for More Information
13:40 EDTBCSEuro zone banks accepted $160B in low interest loans, NY Times says
Subscribe for More Information
10:17 EDTBCSFINRA fines Barclays Capital, Citigroup Global Markets, others $43.5M total
FINRA announced that it has fined 10 firms a total of $43.5M for allowing their equity research analysts to solicit investment banking business and for offering favorable research coverage in connection with the 2010 planned initial public offering of Toys"R"Us. FINRA fined the following firms. Barclays Capital (BCS) - $5M; Citigroup Global Markets (C) $ 5M; Credit Suisse Securities (CS) $5M; Goldman, Sachs & Co. (CS) $5M; JP Morgan Securities LLC (JPM) $5M; Deutsche Bank Securities Inc. (DB) $4M; Merrill Lynch, Pierce, Fenner & Smith Inc. (BAC) $4M; Morgan Stanley & Co., LLC (MS) $4M; Wells Fargo Securities, LLC (WFC) $4M; Needham & Company LLC $2.5M. In addition, FINRA found that six of the 10 firms Barclays, Citigroup, Credit Suisse, Goldman Sachs, JP Morgan and Needham had inadequate supervisory procedures related to research analyst participation in investment banking pitches. Toys"R"Us and its sponsors offered each of the 10 firms various roles in the IPO but it eventually decided not to proceed with the offering. In settling this matter, the 10 firms neither admitted nor denied the charges, but consented to the entry of FINRA's findings.
06:40 EDTBCSNY investigating Deutsche Bank, Barclays currency trading, Reuters reports
Subscribe for More Information
December 8, 2014
06:21 EDTBCSDeadline for Petsmart bidders extended as lenders put on leash, NY Post reports
Subscribe for More Information

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