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Stock Market & Financial Investment News

News Breaks
February 20, 2013
07:09 EDTASBC, CMA, EGBN, WFCBank loans to businesses increasing, WSJ reports
There’s a renewed willingness by some banks to lend cheaply and on flexible terms. But a new concern is emerging: Is the pendulum swinging too far the other way? So-called commercial and industrial loans were up 4.4% in Q4 and 16% for all of 2012, according to SNL Financial data, reports the Wall Street Journal. Reference Link
News For WFC;CMA;ASBC;EGBN From The Last 14 Days
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June 26, 2015
10:00 EDTEGBNOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: ARM Holdings (ARMH) downgraded to Underperform from Market Perform at Bernstein... Apogee Enterprises (APOG) downgraded to Market Perform from Outperform at Northland... Atlas Resource Partners (ARP) downgraded to Underperform from Neutral at BofA/Merrill... Bank of the Ozarks (OZRK) downgraded to Hold from Buy at Drexel Hamilton... China Cord Blood (CO) downgraded to Neutral from Buy at Roth Capital... Citizens Financial (CFG) downgraded to Neutral from Buy at Guggenheim... Community Health (CYH) downgraded to Market Perform from Outperform at Raymond James... Eagle Bancorp (EGBN) downgraded to Hold from Buy at Sandler O'Neill... Fifth Street Senior (FSFR) downgraded to Neutral from Buy at UBS... FireEye (FEYE) downgraded to Equal Weight from Overweight at Barclays... Insight Enterprises (NSIT) downgraded to Underperform at Raymond James... Micron (MU) downgraded to Neutral from Buy at Mizuho... SYNNEX (SNX) downgraded to Hold from Buy at Needham... Swatch Group (SWGAY) downgraded to Equal Weight from Overweight at Barclays... Target (TGT) downgraded to Market Perform from Outperform at BMO Capital... Zoetis (ZTS) downgraded to Market Perform from Outperform at BMO Capital.
07:47 EDTEGBNEagle Bancorp downgraded to Hold from Buy at Sandler O'Neill
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June 25, 2015
07:13 EDTWFCFed director says full transparency in stress testing can be 'enormous weakness'
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June 24, 2015
10:00 EDTCMAOn The Fly: Analyst Upgrade Summary
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08:33 EDTCMAComerica upgraded to Buy at BofA/Merrill
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06:28 EDTCMAComerica upgraded to Buy from Neutral at BofA/Merrill
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June 23, 2015
13:02 EDTWFCSumitomo, others show interest in GE railway-leasing business, WSJ says
Japan's Sumitomo Mitsui Financial Group is interested in buying General Electric's (GE) railway-leasing business, says the Wall Street Journal, citing sources. Wells Fargo (WFC) and other U.S. financial institutions have also shown interest in GE Capital Rail Services, which may be worth around $4B, added the Wall Street Journal, citing people familiar with the matter. Reference Link
June 18, 2015
15:46 EDTWFCWells Fargo names Hope Hardison as Chief Administrative Officer
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10:01 EDTCMAOn The Fly: Analyst Initiation Summary
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07:05 EDTCMAComerica initiated with an Overweight at Stephens
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June 17, 2015
15:04 EDTWFCGE Capital Real Estate closes nearly $10B in deals towards exit
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11:16 EDTWFCOCC restricts some banks from certain mortgage related business activity
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11:07 EDTWFCWells Fargo issues statement on amended OCC Consent Order
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06:48 EDTWFCMore big banks waiving overdraft fees, WSJ reports
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June 16, 2015
07:11 EDTWFCSurprise AIG ruling may make future bailouts unlikely, even if needed, NYT says
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