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Stock Market & Financial Investment News

News Breaks
November 21, 2012
06:30 EDTRFMorgan Keegan ordered to pay award to former NBA player, WSJ reports
Wall Street's Financial Industry Regulatory Authority ordered Morgan Keegan & Co. (RF) to pay former NBA basketball player Horace Grant the award issued by an arbitration panel by early next month or face suspension, reports the Wall Street Journal. Morgan Keegan, says its license isn't in jeopardy, and has paid Grant $1.59M for losses in its mortgage-backed bond funds but disputes the rate of interest that should apply on the award. Reference Link
News For RF From The Last 14 Days
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October 9, 2014
06:40 EDTRFSource of JPMorgan cyberattack still unclear, NY Times says
The source of the cyberattack on JPMorgan (JPM) and other U.S. financial institutions this summer is still unclear, according to The New York Times. The hackers may have tried to hit about a dozen financial institutions , and E-Trade(ETFC) and Fidelity Investments may have been victimized in some way, the newspaper stated, citing an unnamed source who was briefed on the matter. At least five other banks, including Citigroup (C), HSBC (HBC) and Regions Financial (RF), discovered that one of the web addresses used by those who hacked JPMorgan tried to penetrate their systems, The Times quoted unnamed sources briefed on the matter as saying. Publicly traded companies in the space include Barracuda Networks (CUDA), Check Point (CHKP), F5 Networks (FFIV), FireEye (FEYE), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC). Reference Link
06:39 EDTRFFidelity attacked by JPMorgan hackers, but no data stolen, FT reports
Fidelity Investments was among 13 financial institutions attacked by hackers who are believed to have been responsible for a breach at JPMorgan Chase, but there is no indication that Fidelity customer data were stolen, the Financial Times reports, citing two sources. Reference Link
06:37 EDTRFJPMorgan hackers linked to 13 other possible breaches, Bloomberg says
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October 8, 2014
18:26 EDTRFCitigroup, Etrade, others attacked by same JPMorgan hackers, Bloomberg reports
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October 7, 2014
10:02 EDTRFOn The Fly: Analyst Initiation Summary
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07:58 EDTRFRegions Financial initiated with an Outperform at Bernstein
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