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Stock Market & Financial Investment News

News Breaks
May 21, 2014
11:19 EDTBAC, OCN, PNCNY regulator says reports of Ocwen 'gag rule' to be investigated immediately
Ben Lawsky, the head of the NY Department of Financial Services, stated on Twitter that reports of an Ocwen Financial (OCN) "gag rule" for struggling homeowners are "deeply troubling" and will be investigated "immediately" by DFS. Note that an earlier report from Reuters, to which Lawsky linked, said that mortgage payment collectors including Ocwen, Bank of America (BAC) and PNC Financial (PNC) are agreeing to ease the terms of borrowers' underwater mortgages, but are increasingly demanding homeowners promise not to insult the companies publicly as part of those deals. Reference Link
News For OCN;BAC;PNC 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 EDTPNC, BACClearing House Payments Company to hold a conference
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07:37 EDTPNCCitigroup to hold a conference
Global Financial Conference is being held in Singapore on November 19-20.
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 14, 2014
12:53 EDTOCNOmega Advisors gives quarterly update on stakes
NEW STAKES: AerCap Holdings (AER), Nordic American Offshore (NAO), Melco Crown Entertainment (MPEL), Groupon (GRPN), and Ashland (ASH). INCREASED STAKES: QEP Resources (QEP), United Continental (UAL), Cabot Oil & Gas (COG), Actavis (ACT), and KAR Auction Services (KAR). DECREASED STAKES: Sprint (S), SandRidge Energy (SD), Sirius XM Holdings (SIRI), Kinder Morgan (KMI), and Transocean (RIG). LIQUIDATED STAKES: QUALCOMM (QCOM), Ocwen Financial (OCN), Freeport-McMoRan (FCX), Boston Scientific (BSX), and Capital One (COF).
November 13, 2014
17:35 EDTOCNOcwen unit signs mutual termination agreement with Wells Fargo
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November 12, 2014
16:23 EDTBACOn The Fly: Closing Wrap
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12:38 EDTBACOn The Fly: Midday Wrap
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10:14 EDTBACOCC fines Bank of America, Citigroup, JPMorgan $950M over FX trading
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07:28 EDTBACBofA/Merrill to hold a conference
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