New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 6, 2014
06:23 EDTBAC, SCHW, LPLA, MS, WFCSecurities Industry & Financial Markets Association to hold a seminar
Compliance & Legal Society Regional Seminar to be held in San Francisco on August 6.
News For SCHW;WFC;LPLA;BAC;MS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | all recent news | >>
April 13, 2015
07:16 EDTMSTechWeek to hold a conference
TechWeek Detroit 2015 is being held in Detroit on 4/13-19.
April 10, 2015
16:19 EDTWFCStocks finish week higher as investors speculate jobs data could delay rate hike
Subscribe for More Information
16:14 EDTWFCOn The Fly: Closing Wrap
Subscribe for More Information
13:31 EDTWFCWells Fargo April volatility elevated into Q1 and outlook
Subscribe for More Information
12:46 EDTWFCOn The Fly: Midday Wrap
Subscribe for More Information
09:57 EDTBACBank of America April volatility elevated into Q1 and outlook
Subscribe for More Information
06:38 EDTWFCBlackstone and Wells Fargo confirm acquisition of GE real estate assets
Subscribe for More Information
06:35 EDTWFCGE releases financial details of GE Capital assets sale
Approximately $16B of after-tax charges are expected to be recorded in the first quarter of 2015 in connection with the plan – of which about $12B are non-cash. The charges include taxes on repatriated earnings, asset impairments due to shortened hold periods, and charges on businesses held for sale, including goodwill allocation. GE expects that the earnings impact of the GE Capital exits will be offset by the buyback over the exit period. GE has amended its income maintenance agreement to guarantee all tradable senior and subordinated debt securities and all commercial paper issued or guaranteed by GECC. The guarantee will replace the current income maintenance covenant. GE will maintain substantial liquidity and capital through the transition and does not expect to issue incremental GE Capital long-term debt for at least five years. Commercial paper will be further reduced to approximately $5 billion by the end of 2015.
06:34 EDTWFCGeneral Electric to sell most of GE Capital assets for approximately $26.5B
Subscribe for More Information
06:34 EDTWFCBlackstone Mortgage to acquire $4.6B loan portfolio from GE Capital
Subscribe for More Information
06:34 EDTWFCBlackstone Mortgage to acquire $4.6B loan portfolio from GE Capital
06:31 EDTWFCGeneral Electric to sell most of GE Capital assets for approximately $26.5B
Subscribe for More Information
06:21 EDTBACBofA Merrill poaches JP Morgan's Brabazon for M&A group, Reuters reports
Subscribe for More Information
April 9, 2015
16:17 EDTWFCOn The Fly: Closing Wrap
Subscribe for More Information
13:38 EDTWFCGE close to selling real estate holdings, WSJ reports
General Electric (GE) is close to selling its real estate holdings to Blackstone (BX) and Wells Fargo (WFC), Wall Street Journal reports, citing people familiar with the matter. The portfolio has $30B in holdings, the Journal adds. Shares of GE moved up 25c to $25.26 following the report. Reference Link
April 8, 2015
10:26 EDTBACBofA Merill Lynch names De Giorgi, Assef as investment banking co-heads, FT says
Subscribe for More Information
April 7, 2015
11:02 EDTBACAmerican Express slips after analyst, columnist highlight challenges
Subscribe for More Information
08:11 EDTMSGoldman Sachs, Morgan Stanley estimates raised at Susquehanna
Susquehanna raised its estimates for both Goldman Sachs (GS) and Morgan Stanley (MS) to reflect a strong quarter for FICC driven by interest rate and currency volatility and more stable credit markets as well as better I&L. Susquehanna maintains Neutral ratings on both Goldman Sachs and Morgan Stanley shares.
07:16 EDTBACRising competition may make AmEx targets hard to achieve, WSJ says
Though American Express recently reaffirmed its long-term targets for growing revenue 8% per year or better and earnings per share by 12%-15% per year while increasing operating expenses by less than 3% per year, there are good reasons to be skeptical about its ability to hit those targets, according to The Wall Street Journal's "Heard on the Street" column. Competition from peer Visa (V) as well as big banks such as Citi (C) and Bank of America (BAC) may put pressure on AmEx’s margins and it is not safe to assume that the company will always fare as well on the Fed's stress tests as it just did, the report stated. Reference Link
April 6, 2015
12:47 EDTWFCWells Fargo April volatility increases into Q1 and outlook
Wells Fargo April call option implied volatility is at 22, May is at 17, June is at 15; compared to its 26-week average of 17 according to Track Data, suggesting large near term price movement in the expected release of Q1 results on April 14.
1 | 2 | 3 | 4 | 5 | all recent news | >>

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