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Stock Market & Financial Investment News

News Breaks
May 5, 2014
06:23 EDTRY, SCGLY, WFCBanks offering leverage to investors in CLOs, WSJ reports
Banks like Wells Fargo (WFC), Societe Generale (SCGLY) and RBC Capital Markets (RY) are again dispensing money to hedge funds and other investors to finance purchases of complex debt securities, the Wall Street Journal reports. The banks are offering leverage to investors to buy CLOs ahead of rules that will limit holdings. Reference Link
News For WFC;SCGLY;RY From The Last 14 Days
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May 25, 2015
16:41 EDTRYCity National to host special shareholder meeting
Special Shareholder Meeting to vote on the merger by and among City National, Royal Bank of Canada and RBC USA Holdco Corp will be held in Los Angeles on May 27 at 7 pm.
May 22, 2015
09:57 EDTSCGLYOn The Fly: Analyst Downgrade Summary
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05:30 EDTSCGLYSociete Generale downgraded to Underperform from Hold at Jefferies
Jefferies downgraded Societe Generale to Underperform saying the bank's capital position is "worst in class."
May 21, 2015
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
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May 20, 2015
08:21 EDTWFCATM data theft soars to highest rate in two decades, WSJ says
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May 19, 2015
16:45 EDTRYCity National reaches tentative settlement in shareholder dispute of RBC merger
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May 18, 2015
09:46 EDTWFCMPLX enters common unit sales agreement for up to $500M
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May 15, 2015
16:32 EDTWFCBerkshire 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.
May 14, 2015
06:51 EDTWFCWells Fargo looking to streamline operations, Charlotte Observer says
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May 12, 2015
16:49 EDTWFCWells Fargo to pay $77M in trust fund case, St. Louis Today says
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14:13 EDTRYBove says it may be time to buy bank stocks
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07:48 EDTWFCStandard & Poor's to hold a summit
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May 11, 2015
08:18 EDTWFCBanks executives seek to push back on 'false, damaging' statements, WSJ reports
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