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Stock Market & Financial Investment News

News Breaks
December 11, 2012
06:12 EDTMS, STP, FSLR, TSL, CSIQ, JASO, ESLR, YGE, LDK, WFC, JPM, GDI, SPW, XOM, SPWROn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Morgan Stanley (MS) might soon ask U.S. regulators to let the securities firm buy back shares for the first time in more than four years, sources say. The bank could make its request to the Fed as soon as January as part of the annual "stress-test" process, the Wall Street Journal reports...North America will become a net energy exporter by 2025, thanks to a surge in oil and gas production and rapid improvements in energy efficiency, Exxon Mobil (XOM) predicts in its latest long-term energy outlook which will be released today, the Wall Street Journal reports...REUTERS: SPX Corp. (SPW) is in exclusive talks to buy rival Gardner Denver (GDI) and hopes to finalize a deal by the end of the year, sources say, in a merger that could create a conglomerate with a market value over $7B, Reuters reports...JPMorgan Chase & Co (JPM) rose to first in a U.S. customer satisfaction survey, as its three biggest rivals, including perennial leader Wells Fargo & Co. (WFC) declined in their scores. But smaller banks and credit unions continued to record higher numbers than all large banks, according to the American Customer Satisfaction Index annual survey, Reuters reports...BLOOMBERG: Emerging-market stocks rose for a fifth day, lifting the benchmark index to an eight-month high, as investors wait for progress on U.S. budget talks and before Fed policy makers meet. The MSCI Emerging Markets Index gained 0.2% to 1,031.14 as of 4:47 p.m. in Hong Kong, heading for the highest close since April 6, Bloomberg reports...Developers installed 684 megawatts of solar panels in the U.S. in Q3, 44% more than a year earlier, as residential projects rose to a record, according to the Solar Energy Industries Association. About 3.2 gigawatts of solar energy will be installed in the U.S. this year, Bloomberg reports.
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May 17, 2013
13:21 EDTGDIOptions with increasing implied volatility: CPRT BMY GDI HNZ
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12:00 EDTFSLRStocks with call strike movement; FSLR BBY
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07:10 EDTJPMJPMorgan asks shareholders to reject chairman, CEO split, WSJ reports
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06:27 EDTFSLRStocks with implied volatility below IV index mean; IBM FSLR
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06:06 EDTJPMOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: A so-so Q1 earnings season hasn't dented investors' enthusiasm for stocks as prices have been rising, with the DJIA up 16% for the year and 4.2% since earnings season began April 8, the Wall Street Journal reports...JPMorgan Chase (JPM), in a last-ditch effort to beat back activist investors, sent a letter to shareholders who have yet to vote on the nonbinding proposal ahead of the May 21 annual meeting, urging them to reject a proposal to split the chairman and CEO roles held by James Dimon, the Wall Street Journal reports...REUTERS: Amazon.com (AMZN) will be called back to the British parliament to clarify how its activities in the U.K. justify its low corporate income tax bill, Reuters reports...J.C. Penney (JCP) CEO Ullman says that the department store chain is emerging from what he called an abyss but warned he needs time to fix the issues of the retailer, Reuters reports...BLOOMBERG: Apple (AAPL), which holds $102B in cash and investments outside the U.S., will suggest changes to corporate-tax laws to encourage companies to bring more cash into the country, Bloomberg reports...Fiat’s (FIATY) deliberations over moving its headquarters to the U.S. after a merger with Chrysler Group LLC. raised concern among Italian unions and politicians about the plans of the country’s biggest manufacturer. CEO Marchionne is considering the move because Fiat’s main sources of revenue and profit are shifting to North America, Bloomberg reports.
May 16, 2013
18:49 EDTMSSenior holders may face first CMBS losses since crisis, WSJ reports
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12:01 EDTJPMBill Daley assisting JPMorgan over vote, CNBC's Tausche reports
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11:40 EDTFSLRStocks with call strike movement; FSLR JCP
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10:03 EDTSPWROn The Fly: Analyst Upgrade Summary
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09:25 EDTSPWRSunPower price target raised to $33 from $17 at Northland Securities
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09:19 EDTSPWROn The Fly: Pre-market Movers
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08:51 EDTJPMJPMorgan management to meet with UBS
Meeting to be held in New York on May 16 hosted by UBS.
08:33 EDTWFCBofA/Merrill's gobal financial analysts hold an analyst/industry conference call
Global Financial Institutions Analysts discuss their Global Financials Quarterly Best Ideas Report on an Analyst/Industry conference call. Relevant companies AIG, ALL, ASBC, BCH, BKU, BBT, BBD, C, CMA, EVER, FITB, FHN, FRC, FULT, HBAN, ING, KEY, MTB, PNC, RF, STI, SUSQ, SNV, HIG, USB, WFC, XL and ZION may be included on the Analyst/Industry conference call to be held on May 16 at 10 am.
08:01 EDTXOMFMC Technologies receives subsea equpiment order from ExxonMobil
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07:48 EDTSPWRSunPower price target raised to $26 from $20 at Lazard Capital
Lazard Capital raised its price target for SunPower following the company's analyst day and keeps a Buy rating on the stock.
07:35 EDTJPMJ.C. Penney May volatility elevated at 106 into Q1
J.C. Penney May call option implied volatility is at 106, June is at 57, July is at 50; compared to its 26-week average of 62 according to Track Data, suggesting larger near term price movement in the expected release of Q1 results after the market close today.
07:32 EDTSPWRSunPower upgraded at Cowen
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07:26 EDTSPWRSunPower upgraded to Outperform from Neutral at Cowen
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06:41 EDTMS, JPM, WFCBig banks to benefit from U.S. concession on derivatives, NY Times says
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06:12 EDTJPMJPMorgan's Dimon has long helped select new board members, Reuters reports
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