New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For V;MA;AXP;ACN;XRX;PAY;DFS;VNTV;IFX;WMT;BAC;WFC;TI 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 | >>
May 22, 2015
16:41 EDTWMTStocks end week little changed despite weaker than expected domestic data
Subscribe for More Information
14:09 EDTMATarget $19M settlement with MasterCard rejected by banks, Star Tribune reports
Target (TGT) and MasterCard (MA) have both confirmed that their proposed $19M settlement over Target's data breach was not approved by the requisite 90% of banks affected, which appears to send the dispute back to a federal lawsuit that is seeking class action status, reported The Star Tribune. “At this stage we will continue to work to resolve the matter,” stated MasterCard, according to the report. Reference Link
09:58 EDTPAYOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Allison Transmission (ALSN) initiated with a Buy at Stifel... Avago (AVGO) initiated with a Buy at Mizuho... Blackstone (BX) initiated with a Positive at Susquehanna... Cellectis (CLLS) initiated with an Outperform at Oppenheimer... Cypress Semiconductor (CY) initiated with a Buy at Mizuho... Esperion (ESPR) initiated with a Sell at Chardan... H&R Block (HRB) initiated with an Overweight at Piper Jaffray... Horizon Pharma (HZNP) initiated with an Outperform at Leerink... M/A-COM (MTSI) initiated with a Buy at Goldman... Meritor (MTOR) initiated with a Hold at Stifel... Micron (MU) initiated with a Buy at Mizuho... Monster Worldwide (MWW) initiated with a Neutral at Piper Jaffray... NXP Semiconductors (NXPI) initiated with a Buy at Mizuho... National Storage (NSA) initiated with a Sector Weight at KeyBanc... ON Semiconductor (ON) initiated with a Buy at Mizuho... Qorvo (QRVO) initiated with a Buy at Goldman... SanDisk (SNDK) initiated with a Neutral at Mizuho... Sharps Compliance (SMED) initiated with a Buy at Stifel... Skyworks (SWKS) initiated with a Buy at Mizuho... StemCells (STEM) initiated with a Buy at Cantor... Synaptics (SYNA) initiated with a Buy at Mizuho... Synergy Pharmaceuticals (SGYP) initiated with a Buy at Canaccord... Texas Instruments (TXN) initiated with a Neutral at Mizuho... TriNet (TNET) initiated with a Neutral at Piper Jaffray... Vascular Biogenics (VBLT) initiated with a Buy at Roth Capital... Verifone (PAY) initiated with an Outperform at Imperial Capital... uniQure (QURE) initiated with an Outperform at Oppenheimer.
09:34 EDTBACActive equity options trading on open
Active equity options trading on open: AAPL BABA AMZN FB MU BIDU SDRL BAC INTC EXPE CHK FEYE
05:34 EDTPAYVerifone initiated with an Outperform at Imperial Capital
Subscribe for More Information
May 21, 2015
16:00 EDTBACOptions Update; May 21, 2015
Subscribe for More Information
12:33 EDTWFCWells Fargo to add Financial Engines advice to platform, Reuters reports
Wells Fargo (WFC) plans to add Financial Engines' (FNGN) advice offering to the bank's retirement platform, according to Reuters, citing a Wells Fargo presentation. Shares of Financial Engines are up 7% following the report. Reference Link
12:30 EDTWFCWells Fargo to sign 401(k) pact with Financial Engines, Reuters reports
Subscribe for More Information
08:12 EDTTITelecom Italia announces IPO of up to 40% of tower subsidiary
Subscribe for More Information
May 20, 2015
16:00 EDTBACOptions Update; May 20, 2015
iPath S&P 500 VIX Short-Term Futures up 3c to 19.19. Option volume leaders: AAPL AAL YHOO DAL FB BABA UAL BAC TWTR LUV C TSLA GE MU
10:01 EDTDFSDiners Club and ABank announce new card-issuing agreement in Turkey
Subscribe for More Information
10:00 EDTVNTV, V, MAOn The Fly: Analyst Initiation Summary
Subscribe for More Information
08:21 EDTBAC, WFCATM data theft soars to highest rate in two decades, WSJ says
Subscribe for More Information
07:36 EDTVNTVJPMorgan to hold a conference
Subscribe for More Information
07:36 EDTMA, VMasterCard Visa risk/reward positive, says Bernstein
Bernstein believes that MasterCard (MA) and Visa (V) offer secular growth, defensiveness, and cash generation. The firm says the companies have "compelling business models" and modest risk. Moreover, the firm believes that the stocks offer opportunity, as it expects investors' concerns about disruption, regulation and growth to dissipate.
May 19, 2015
18:01 EDTBACAflac names Matthew Owenby as Chief Human Resources Officer
Subscribe for More Information
16:51 EDTVNTV, VNTVVantiv initiated with a Buy at CLSA
Target $48.
16:51 EDTV, VVisa initiated with an Outperform at CLSA
Subscribe for More Information
16:50 EDTMA, MAMasterCard initiated with an Outperform at CLSA
Subscribe for More Information
16:23 EDTWMTOn The Fly: Top stock stories for Tuesday
Subscribe for More Information
16:01 EDTWMT, BACOptions Update; May 19, 2015
iPath S&P 500 VIX Short-Term Futures down 27c to 19.17. Option volume leaders: AAPL BAC WMT MSFT FB TWTR MNKD NFLX T PBR
12:25 EDTWMTOn The Fly: Top stock stories at midday
Subscribe for More Information
09:37 EDTBAC, WMTActive equity options trading on open
Subscribe for More Information
09:03 EDTMAMasterCard announces launch of MasterCard Send
Subscribe for More Information
07:45 EDTVNTVFifth Third upgraded on Vantiv outlook at Oppenheimer
Subscribe for More Information
07:32 EDTAXP, V, MAPacific Crest shifts preference to MasterCard, upgrades to buy
Pacific Crest analyst Josh Beck shifted his preference to MasterCard (MA) from Visa (V) and upgraded the stock to Overweight from Sector Weight. Beck believes interchange legislation in Europe may have an unintended consequence of benefiting global open-loop payment networks, favoring both MasterCard and Visa. The changes are also positive for eBay's (EBAY) PayPal and mixed for American Express (AXP), Beck tells investors today in a research note. He points out his preference for MasterCard relative to Visa follows the latter company's outperformance over the past year. Beck has a $110 price target for MasterCard shares. The stock closed yesterday down 14c to $93.08.
07:22 EDTWMTWal-Mart drops 2% after Q1 earnings miss expectations
Subscribe for More Information
07:21 EDTWMTWal-Mart now sees forex hurting FY16 net sales by $14B
Wal-Mart CFO Charles Holley said on the company's Q1 earnings call that the company expects currency to remain a "significant headwind" for the year. Assuming exchange rates remain where they are today, the impact on full year net sales would be approximately $14B, which compares to guidance in February of approximately $10B. Assuming exchange rates remain where they are today, the impact on FY16 EPS would be approximately 13c per share, compared to prior guidance of 10c per share.
07:18 EDTWMTWal-Mart says Q1 Sam's Club results 'disappointing'
Rosalind Brewer said on Wal-Mart's Q1 earnings call that Sam’s Club Q1 results were "disappointing, as comp sales missed guidance, and we delivered softer net sales and profit than last year." Sam's Club reported Q1 comp sales without fuel up 0.4%, with traffic down 0.2% and ticket up 0.6%. Sam's Club expects comp sales for the 13-week period ending July 31 to be between flat and up 2%.
07:14 EDTWMTWal-Mart reports Q1 global e-commerce sales up about 17%
Walmart U.S. e-commerce saw double-digit comp growth across many departments, the company said. Walmart U.S. mobile traffic was up over 100% for the quarter Walmart U.S. saw higher conversion rates as well, the company added. Comments from Q1 earnings conference call.
07:13 EDTDFSBarclays to hold a conference
Subscribe for More Information
07:05 EDTWMTWal-Mart sees Q2 EPS $1.06-$1.18, consensus $1.17
Subscribe for More Information
07:03 EDTWMTWal-Mart reports Q1 EPS $1.03, consensus $1.04
Subscribe for More Information
06:24 EDTBACU.S. Bancorp and Bank of America win dismissal of mortgage claims, Reuters says
Subscribe for More Information
05:59 EDTMAMasterCard upgraded to Overweight from Sector Weight at Pacific Crest
May 18, 2015
16:00 EDTBACOptions Update; May 18, 2015
Subscribe for More Information
15:35 EDTWMTWal-Mart May 79.5 weekly straddle priced for 2.4% movement into Q1
Subscribe for More Information
15:15 EDTWMTWal-Mart May weekly volatility increases into Q1 and outlook
Subscribe for More Information
15:00 EDTWMTNotable companies reporting before tomorrow's open
Subscribe for More Information
14:35 EDTWMTWal-Mart technical comments ahead of results
Subscribe for More Information
14:34 EDTMAMasterCard set to receive antitrust complaint from EU, Bloomberg says
Regulators from European Union are set to issue an antitrust complaint against Master Card on card-payment fees, says Bloomberg, citing people familiar with the matter. European regulators may send the credit card giant a statement of objections before the end of July, added Bloomberg. Reference Link
14:04 EDTWMTEarnings Watch: Wal-Mart sees Q1 EPS 95c-$1.10, U.S. SSS up 1%-2%
Subscribe for More Information
12:09 EDTAXPAmerican Express management to meet with Guggenheim
Meeting to be held in New York on May 20 hosted by Guggenheim.
10:16 EDTXRXXerox acquires Healthy Communities Institute, terms not disclosed
Subscribe for More Information
09:46 EDTWFC, BACMPLX enters common unit sales agreement for up to $500M
Subscribe for More Information
09:36 EDTBACActive equity options trading on open
Subscribe for More Information
07:46 EDTAXPAmerican Express has $850M revenue opportunity with Plenti, says Deutsche Bank
Deutsche Bank estimates the coalition loyalty/rewards program Plenti represents a $750M-$850M annual revenue opportunity for American Express (AXP) over the next 3-5 years. Earnings accretion will take time, but returns on equity are likely "very high," Deutsche says in a research note. The firm believes Plenti is an example of how Amex is leveraging its strengths to mitigate the loss of Costco (COST). It thinks Plenti's next program supplier needs to be a grocery chain, and pegs Whole Foods (WFM) as a good candidate. Deutsche keeps a Buy rating on American Express with a $90 price target.
07:27 EDTMAJPMorgan to hold a conference
Subscribe for More Information
07:21 EDTWMTWal-Mart Q1 should benefit from lower gas, stronger consumer, says Stephens
Subscribe for More Information
06:30 EDTWMTWal-Mart to repair stores in labor dispute, Reuters reports
Wal-Mart said it would seek permits to rip up floors and replace plumping lines at five stores that justified its abrupt closure, reports Reuters. The move follows a union-backed complaint to the National Labor Relations Board last month after Wal-Mart temporarily closed the stores. The union accused the company for shutting down the stores to stop workers from organizing. Reference Link
05:27 EDTACNAccenture to acquire Javelin Group, terms not disclosed
Subscribe for More Information
May 15, 2015
16:32 EDTMA, V, WFCBerkshire Hathaway gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: IBM (IBM), Precision Castparts (PCP), Wells Fargo (WFC), Phillips 66 (PSX), and US Bancorp (USB). DECREASED STAKES: National Oilwell Varco (NOV), Viacom (VIAB), Bank of New York Mellon (BK), MasterCard (MA), and Visa (V). LIQUIDATED STAKES: None.
16:01 EDTBACOptions Update; May 15, 2015
iPath S&P 500 VIX Short-Term Futures down 20c to 20.06 Option volume leaders: AAPL BAC FB NFLX TWTR BABA CSCO TSLA MU GILD T MSFT AMZN MCD
12:03 EDTAXPAmerican Express reports April net write-off rate 1.5% vs. 1.5% last month
Reports April 30 days past due loans 0.9% vs. 1.0% last month.
10:15 EDTBACBank of America reports April default rate 2.93% vs. 2.94% last month
Subscribe for More Information
09:03 EDTMAU.S. Bank, REI renew mutli-year contract
U.S. Bank (USB) announces the long-term renewal of its co-brand partnership with REI and the launch of the new REI World MasterCard. Under the agreement, the new REI co-branded credit cards will offer members more opportunities to earn through everyday purchases. The card portfolio will be converted to MasterCard (MA) with EMV chip-card technology, better protecting members from card-present counterfeit fraud.
08:46 EDTTIMobile operators ad blocking plan sets up fight with Google, FT reports
Subscribe for More Information
08:28 EDTDFSDiscover reports April net charge-offs 1.7% vs. 1.71% last month
Subscribe for More Information
06:17 EDTBACBank of America CEO still struggles to move past financial crisis, WSJ reports
Five years into his job as Bank of America CEO, Brian Moynihan is still struggling to move past the financial crisis, which is testing his reputation as a "fixer" as well as the patients of investors who are concerned about his progress in turning the bank around, The Wall Street Journal reports. Reference Link
May 14, 2015
16:00 EDTBACOptions Update; May 14, 2015
Subscribe for More Information
07:58 EDTWMTWal-Mart risk/reward favorable into Q1 results, says Baird
Subscribe for More Information
06:51 EDTWFCWells Fargo looking to streamline operations, Charlotte Observer says
Subscribe for More Information
May 13, 2015
18:09 EDTWMTWal-Mart to launch $50 unlimited shipping service in summer, AP says
Subscribe for More Information
13:28 EDTWMTWal-Mart set to launch Amazon Prime rival, The Information reports
Wal-Mart (WMT) is nearing the launch of a subscription fast-shipping service that will compete with Amazon Prime (AMZN), Amir Efrati of The Information reports, citing people involved with or briefed on the product. The service is an attempt to boost Wal-Mart's online business and should launch in the next few weeks after being pushed back for technical and other issues, Efrati adds. Shares of Amazon are down $2.63 to $428.39 in afternoon trading while Wal-Mart is down 66c to $78.30. Reference Link
13:23 EDTWMTWal-Mart set to launch rival to Amazon Prime, The Information reports
Subscribe for More Information
09:39 EDTBACActive equity options trading on open
Subscribe for More Information
08:02 EDTACNAccenture signs services agreement with Moven
Accenture and Moven have signed a services agreement to jointly develop next-generation digital banking solutions. In conjunction with the services agreement, the companies have also entered into an alliance agreement to provide digital banking solutions to banks globally, enabling the banks to launch new digital capabilities faster and more cost-efficiently and deliver innovative digital products and services to their customers.
07:29 EDTBACUBS to hold a conference
Subscribe for More Information
07:06 EDTWMTAlibaba, Wal-Mart partner on consumer payments, China Daily reports
Alibaba (BABA) announced that it would partner with Wal-Mart (WMT) in China on consumer bill payments, according to China Daily. Under the deal, 25 Wal-Mart stores in the city of Shenzhen will enable consumers to pay their bills through Alibaba's payment service, and the arrangement will be gradually expanded to all of Wal-Mart's stores in China, the newspaper stated. Reference Link
May 12, 2015
17:54 EDTAXPOn The Fly: After Hours Movers
Subscribe for More Information
16:49 EDTWFCWells Fargo to pay $77M in trust fund case, St. Louis Today says
Subscribe for More Information
16:44 EDTAXPAmerican Express up 1% after authorizing 150M share repurchase, raising dividend
Subscribe for More Information
16:34 EDTAXPAmerican Express raises dividend by 12% to 29c per share from 26c per share
The board approved a 3c– or 12%– increase in the quarterly dividend on the company’s common stock. The dividend was raised to 29c per common share, from 26c, payable on August 10, to shareholders of record on July 2.
16:32 EDTAXPAmerican Express authorizes repurchase of up to 150M shares
Subscribe for More Information
14:13 EDTBACBove says it may be time to buy bank stocks
Subscribe for More Information
09:14 EDTWMTApps World to hold a conference
Subscribe for More Information
08:27 EDTWMTU.S. Chamber of Commerce to hold a summit
Subscribe for More Information
07:48 EDTDFS, WFCStandard & Poor's to hold a summit
Subscribe for More Information
07:45 EDTMAJefferies to hold a conference
2015 Global Technology, Media and Telecom Conference is being held in Miami on May 12-14.
May 11, 2015
16:00 EDTBACOptions Update; May 11, 2015
Subscribe for More Information
09:58 EDTBACBarclays expected to pay GBP2B to settle forex rigging charges, FT says
Subscribe for More Information
09:37 EDTBACActive equity options trading on open
Subscribe for More Information
08:18 EDTWFC, BACBanks executives seek to push back on 'false, damaging' statements, WSJ reports
Subscribe for More Information
07:22 EDTV, MAVisa acquisiiton of Visa Europe would be positive, says RBC Capital
Subscribe for More Information
May 10, 2015
17:45 EDTMAJudge allows $19M Target data breach settlement to move ahead, Reuters says
Subscribe for More Information
14:12 EDTWMTWhole Foods stock unlikely to outperform in near-term, Barron's says
Subscribe for More Information
<< 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