New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 17, 2014
15:57 EDTMA, BAC, V, JPMFed defends 21c cap on swipe fees, Bloomberg says
The Federal Reserve planned to argue to an appeals court that its decision to cap swipe fees at about 21 cents, down from the average swipe fee from 44 cents previously, was within its power ďas an arbiter in determining reasonable and proportional fees,Ē reported Bloomberg earlier. The fees are set by Visa (V) and MasterCard (MA) and the Fedís cap is being opposed banks led by JPMorgan (JPM) and Bank of America (BAC), who stand to lose about $8B a year if the cap stays at the current level, the report noted. Reference Link
News For V;MA;JPM;BAC 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 >>
September 28, 2015
16:00 EDTBACOptions Update; September 28, 2015
Subscribe for More Information
09:31 EDTMASamsung Pay debuts for MasterCard cardholders
Beginning today, Samsung Pay (SSNLF) is now available to MasterCard (MA) cardholders for everyday purchases. Samsung device owners can use their MasterCard credit, debit and select prepaid and small business cards from participating banks directly through Samsung Pay.
September 27, 2015
13:50 EDTBACBank of America likely to increase dividend, buyback plans, Barron's says
Subscribe for More Information
September 25, 2015
16:00 EDTBACOptions Update; September 25, 2015
iPath S&P 500 VIX Short-Term Futures up 66c to 25.09. Option volume leaders: AAPL NFLX BAC FB AU NKE PFE INTC AMZN TSLA
09:34 EDTBACActive equity options trading on open
Active equity options trading on open: AAPL BAC FB NKE NFLX PFE AU TSLA
September 24, 2015
16:00 EDTBACOptions Update; September 24, 2015
Subscribe for More Information
07:10 EDTJPM, BACBanks clash with regulators over energy lending, WSJ reports
Banks are fighting with regulators over loan reviews that might compress the flow of net credit to the oil patch, the Wall Street Journal reports. The disagreement is focused on the narrow issue of loans secured by oil and gas companies' reserves, but it highlights the point of how postcrisis regulation of the financial industry impacts sectors outside of Wall Street, the report says. Caught in between banks and regulators are the small and medium exploration and production companies that rely on credit lines using their energy reserves as collateral, the report says. Publicly traded companies in the space include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
September 23, 2015
16:00 EDTBAC, JPMOptions Update; September 23, 2015
iPath S&P 500 VIX Short-Term Futures down 53c to 23.81 Option volume leaders: AAPL NFLX BAC FB BABA DOW RIG MU FCX PBR XOM JPM
September 22, 2015
16:36 EDTBACOn The Fly: Top stock stories for Tuesday
Stocks on Wall Street began the session sharply lower and remained that way throughout the session. There was little in the way of buying as each of the major equity indexes slid over 1% and the market internals were decidedly negative. The auto industry and biotech sector were both notably weak, after the French government called for an investigation into the entire auto industry in the wake of the Volkswagen (VLKAY) emissions scandal and Democratic Presidential hopeful Hillary Clinton presented a plan to limit the cost of drugs for consumers. ECONOMIC EVENTS: In the U.S., the FHFA home price index rose 0.6% to 224.5 in July, which was better than the 0.4% rise that was expected. The Richmond Fed factory index fell to -5 in September, versus the reading of 2 that was expected. In Asia, the Asian Development Bank cut its growth forecast for the region, citing a weaker outlook for China and India and a delayed recovery in the world's advanced economies. The bank now sees the Chinese economy growing 6.8% this year and 6.7% next year, down from its previous forecasts of 7.2% and 7%, respectively. COMPANY NEWS: Lloyd Blankfein, Goldman Sachs (GS) Chairman and CEO, disclosed that he was diagnosed with lymphoma. "Fortunately, my form of lymphoma is highly curable and my doctors' and my own expectation is that I will be cured," Blankfein stated in an open letter that was shared by the bank... Bank of America (BAC) shareholders approved a proposal to ratify the 2014 amendments to the company's bylaws that permitted the board of directors to determine its leadership structure, meaning Brian Moynihan can retain his dual role as both Chairman and CEO... Shares of several fertilizer companies slid after Mosaic (MOS) announced it will reduce its potash production in response to current crop nutrient market conditions, primarily related to delayed fertilizer purchases in Brazil and North America. Shares of Mosaic finished the day down 7% at $33.87 following last night's announcement, while Potash (POT) fell 6.5% and Agrium (AGU) dropped 3.5%. MAJOR MOVERS: Among the notable gainers was Ashland (ASH), which advanced $2.78, or 2.6%, to $108.50 after announcing it will proceed with a plan to separate into two independent, publicly traded companies. Also higher was Weatherford (WFT), which gained 90c, or 10.7%, to $9.31 after cancelling plans for a public share offering, after which research firms Jefferies and Iberia both reiterated Buy-equivalent ratings on the stock. Among the noteworthy losers were Office Depot (ODP) and Staples (SPLS), which declined a respective 4% and 5.8% after the New York Post quoted a source as saying the FTC may move to block their merger plan. Also lower was Groupon (GRPN), which slipped 2.2% to $4.08 after announcing plans to cut 1,100 jobs related primarily to its international operations. ConAgra (CAG), Carnival (CCL), and CarMax (KMX) fell 7%, 5.5%, and 4.65%, respectively, following their quarterly earnings reports. INDEXES: The Dow fell 179.72, or 1.09%, to 16,330.47, the Nasdaq lost 72.23, or 1.5%, to 4,756.72, and the S&P 500 dropped 24.23, or 1.23%, to 1,942.74.
16:00 EDTBAC, JPMOptions Update; September 22, 2015
Subscribe for More Information
10:36 EDTBACBank of America shareholders approve resolution on board leadership structure
Subscribe for More Information
10:15 EDTBACBank of America shareholders vote to retain Brian Moynihan as both Chairman, CEO
Subscribe for More Information
07:34 EDTBACDenver Gold Group to hold a forum
Subscribe for More Information
September 21, 2015
14:40 EDTBACiPath S&P 500 VIX Short-Term Futures down 90c to 23.79
Option volume leaders: AAPL NFLX BAC FB BABA DOW TSLA
09:42 EDTBACBank of America to host special shareholder meeting
Special shareholder meeting to be held in Charlotte, NC on September 22 at 10 am.
09:40 EDTBACActive equity options trading on open
Active equity options trading on open: AAPL BAC ESV BABA FB NFLX TSLA TWTR GE GPRO JPM ONVO MU
07:37 EDTBACPension funds votes against combining BofA chair, CEO roles, Retuers says
The Florida State Board of Administration, echoing votes against Bank of America from pension funds in New York and California, has voted its 21.7M shares against bylaw changes that would allow the bank to combine its chairman and CEO roles, reported Reuters. Reference Link
06:58 EDTBACBank of America CEO expects to retain dual roles, NY Post reports
Subscribe for More Information
06:36 EDTBACFormer Wells Fargo CEO: BofA shareholders should back off Moynihan, Reuters says
Subscribe for More Information
September 20, 2015
20:19 EDTBACBank of America CEO to cut additional jobs, NY Post says
Subscribe for More Information
1 | 2 | 3 >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use