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Stock Market & Financial Investment News

News Breaks
July 10, 2012
08:28 EDTWFC, BAC, JPM, C, USBBank group, consumer advocate lukewarm on mortgage disclosure forms, LAT says
Bankers and consumer groups reacted guardedly to the Consumer Financial Protection Bureau's final proposal for simpler mortgage disclosures, according to The Los Angeles Times. Reference Link
News For WFC;BAC;JPM;C;USB From The Last 14 Days
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May 23, 2013
16:00 EDTCOptions Update; May 23, 2013
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14:45 EDTJPMJPMorgan names Barry Sommers head of consumer bank, Reuters says
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11:56 EDTJPMVisa names Ryan McInerney president
Visa (V) announced the appointment of Ryan McInerney as president of Visa. In this role, McInerney will be responsible for Visa's global client organization, product management as well as a new solutions group, which will focus on building and bringing to market new products and services to Visa's issuer, acquirer and merchant clients. Mr. McInerney will report to Charlie Scharf, CEO of Visa . McInerney joins Visa from JP Morgan Chase (JPM) where he was the CEO of Consumer Banking.
08:10 EDTJPMJPMorgan compelling at current levels, says RW Baird
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07:12 EDTJPM, BACWall Street trying to use trade deals to weaken Dodd-Frank, Bloomberg reports
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06:32 EDTJPMDimon looks to improve JPMorgan after winning vote, NY Times says
After JPMorgan's (JPM) shareholders voted to allow Jamie Dimon to keep his dual role as the bank's CEO and chairman, Dimon is looking to repair the bank's relationship with regulators and "fortify risk controls," according to The New York Times. Reference Link
06:29 EDTJPMSoftware firm Luxoft files for IPO in New York, Bloomberg reports
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06:08 EDTBAC, JPMOn the Fly: Periodicals Wrap-Up
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05:48 EDTJPMProxy advisers see their power diminish, WSJ reports
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May 22, 2013
16:00 EDTCOptions Update; May 22, 2013
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14:54 EDTJPMJPMorgan not likely to add new board members soon, Bloomberg says
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10:31 EDTJPMJPMorgan spikes higher along with peers, levels to watch
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09:02 EDTC, JPM, WFC, USB, BACFinancials upgraded to Overweight from Market Weight at Wells Fargo
Wells Fargo believes that financials' earnings continue to be the strongest of any sector in the S&P 500. The firm thinks that the sector's stocks appear to be breaking out from a technical standpoint. Citigroup (c) and Ameriprise Financial (AMP) are on the firm's priority list.
07:45 EDTCCitigroup price target raised to $60 from $53 at Credit Suisse
Credit Suisse said Citigroup's International markets have had faster growth and provide a source of additional revenue opportunity. The firm expects 2013 ROE of 13.2% vs. 11.9% in 2012 and sees positive operating leverage driving improved profitability. Shares are Outperform rated.
07:22 EDTBACDun & Bradstreet to hold a conference
2013 Access to Capital is being held in Chicago on May 22.
06:12 EDTCRussia becomes a tougher market for foreign banks, Reuters reports
Foreign banks that once treated Russia as new territory where easy money could be made are now finding it a cut-throat market tougher than some bargained for, reports Reuters. While players such as Citi and Austria's Raiffeisen thrive, many have found post-Soviet Russia too hard to penetrate: rife with credit, legal and corruption risks, and dominated by state giants Sberbank and VTB.Reference Link
May 21, 2013
16:26 EDTJPMOn The Fly: Closing Wrap
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12:36 EDTJPMOn The Fly: Midday Wrap
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11:47 EDTJPMJPMorgan holders vote to keep Dimon as Chairman, CEO
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11:09 EDTJPMJPMorgan's Raymond says 'stay tuned' on composition of risk committee
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