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Stock Market & Financial Investment News

News Breaks
February 5, 2013
06:55 EDTTI, TI, TI, WFC, WFC, WFC, BAC, BAC, BAC, WMT, WMT, WMT, IFX, IFX, IFX, VNTV, VNTV, VNTV, DFS, DFS, DFS, PAY, PAY, PAY, XRX, XRX, XRX, ACN, ACN, ACN, AXP, AXP, AXP, MA, MA, MA, V, V, VSmart Card Alliance to host a summit
6th Annual 2013 Payments Summit is being held in Salt Lake City, Utah on February 5-7.
News For V;MA;AXP;ACN;XRX;PAY;DFS;VNTV;IFX;WMT;BAC;WFC;TI From The Last 14 Days
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March 23, 2015
12:31 EDTAXPFly Watch: American Express analyst day seen as possible catalyst
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09:56 EDTBACMassachusetts securities regulator fines Merrill Lynch $2.5M, Reuters reports
Massachusetts Secretary of the Commonwealth William Galvin has fined Bank of America's Merrill Lynch unit $2.5M for failing to supervise employees properly, Reuters reports. Merrill, Lynch, Pierce, Fenner & Smith was accused of failing to stick to its own compliance rules. Reference Link
07:20 EDTPAY, V, MA, VNTVBarclays to hold a forum
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07:19 EDTWFCCapital Link to hold a forum
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06:57 EDTWMTWal-Mart, Trinity church courtcase scheduled for April 8, WSJ says
A U.S. appeals court on April 8 will decide whether Wal-Mart shareholder Trinity church can force the company to hold a shareholder vote on gun sales, reports the Wall Street Journal. Wal-Mart maintains that what it chooses to sell in its stores is a matter of "regular business" and is not subject to shareholder review. Cornell law professor Lynn Stout and three dozen of her peers have submitted friend of the court briefs to support Trinity, which won an initial case against Wal-Mart in November. Reference Link
March 22, 2015
18:22 EDTWMTWal-Mart shareholders allowed to vote for independent chairman, Reuters says
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11:26 EDTAXPAmerican Express to host investor day
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March 20, 2015
10:36 EDTBACBank of America changes bylaws to allow some investors to nominate directors
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08:47 EDTACNAccenture March weekly volatility elevated into Q2 and outlook
Accenture March weekly call option implied volatility is at 34, April is at 22, May is at 19, August is at 17; below its 26-week average of 19 according to Track Data, suggesting large near term price movement into the expected release of Q2 results on March 26.
05:57 EDTBACBank of America faces pressure to defend structure, Financial Times reports
Bank of America will have to defend its current structure at its annual meeting in May after the SEC allowed a small shareholder the right to challenge the board on a break-up, reports the Financial Times. Bank of America's board could be under pressure to appoint a committee to examine a plan for divesting all non-core banking businesses if a proposal from Barlett Naylor of Public Citizen is adopted. Reference Link
March 19, 2015
12:06 EDTXRXMicrosoft, Fuji Xerox announce patent agreement
Fuji Xerox and Microsoft (MSFT) announced a broad patent cross-licensing agreement. Building on a 2007 cross-licensing pact, the agreement ensures that Microsoft and Fuji Xerox continue to benefit from access to each otherís patent portfolios and accelerate research and development, the companies said. Fuji Xerox is a 75-25 joint venture between FUJIFILM (FUJIY) and Xerox Corporation (XRX).
11:53 EDTBAC, WFCU.S. banks face headwinds in unloading oil loans, WSJ says
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09:03 EDTAXPAmerican Express, Charles Schwab confirm co-brand relationship
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07:28 EDTAXPAmerican Express, Charles Schwab reach co-brand agreement, Reuters says
American Express (AXP) stated Thursday it has reached a deal with Charles Schwab (SCHW) to offer cards under both company names, reports Reuters. The deal is a multi-year agreement and will involve two kinds of cards, though precise details will not be announced until near the expected launch date in early 2016. Reference Link
07:04 EDTAXPAmerican Express confirms plans to launch Plenti loyalty program
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06:30 EDTBACSEC says BofA must put investment bank spinoff to shareholder vote, Reuters says
The SEC has told Bank of America that it must allow shareholders to vote on whether the company will attempt to spin off its investment bank unit, reports Reuters, citing a decision by the Securities and Exchange Commission. A bank spokesperson said the company "will respond to the proposal in our proxy statement." Reference Link
06:28 EDTWMTWal-Mart's Walmex unit to expand more slowly this year, Reuters reports
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March 18, 2015
09:36 EDTWMTActive equity options trading on open
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07:10 EDTBACPlatts to hold a forum
11th Annual Steel Markets North America is being held in Chicago on March 17-18.
06:16 EDTAXPAmerican Express to launch Plenti loyalty program this spring, WSJ reports
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