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Stock Market & Financial Investment News

News For USB;BAC;C;WFC From The Last 14 Days
Check below for free stories on USB;BAC;C;WFC the last two weeks.
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June 17, 2013
16:00 EDTCOptions Update; June 17, 2013
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14:27 EDTCCitigroup May net charge-offs 3.00% vs. 3.11% last month
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14:20 EDTCCriminal charges likely in Libor case, WSJ reports
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10:22 EDTBACBank of America reports May card write-offs 4.03% vs. 4.55% last month
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07:31 EDTWFCDNV KEMA to host a forum
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07:13 EDTBACBank profits seen hurt by rising rates with no growth, Bloomberg reports
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07:10 EDTWFC, USBBig banks fight new rules for small loans, WSJ reports
Large banks are pushing back against regulators' plans to toughen rules on short-term, high-interest consumer loans. Wells Fargo, the largest bank to offer "deposit-advance loans," told regulators that it will discontinue the loans if plans for tougher rules are completed, reports the Wall Street Journal.Reference Link
06:14 EDTWFC, BACOn the Fly: Periodicals Wrap-Up
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June 14, 2013
10:10 EDTWFCOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: American Express (AXP) downgraded to Equal Weight from Overweight at Barclays... AngloGold (AU) downgraded to Sell from Neutral at UBS... DuPont (DD) downgraded to Neutral from Buy at BofA/Merrill... Myriad Genetics (MYGN) downgraded to Neutral from Buy at BofA/Merrill... Progress Software (PRGS) downgraded to Hold from Buy at Needham... Rubicon (RBCN) downgraded to Sell from Neutral at Goldman... Southern Company (SO) downgraded to Hold from Buy at Jefferies... SunTrust (STI) downgraded to Neutral from Buy at UBS... Wells Fargo (WFC) downgraded to Neutral from Buy at Sterne Agee... FIS (FIS) downgraded to Neutral from Outperform at RW Baird... SM Energy (SM) downgraded to Hold from Buy at Societe Generale..Wells Fargo (WFC) downgraded at Sterne Agee.
07:57 EDTWFCWells Fargo downgraded at Sterne Agee
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06:30 EDTWFCWells Fargo downgraded to Neutral from Buy at Sterne Agee
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June 13, 2013
16:00 EDTBACOptions Update; June 13, 2013
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09:37 EDTCActive equity option families trading on open
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07:05 EDTCCitigroup credit quality trends increase confidence, says Credit Suisse
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05:52 EDTCBank seizures of U.S. homes increased in May, Reuters reports
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June 12, 2013
16:02 EDTCOptions Update; June 12, 2013
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10:14 EDTWFC, USBOn the Fly: Downgrade Summary
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08:49 EDTBACBabcock & Wilcox names Mark Carano Chief Corporate Development Officer
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08:20 EDTCCitigroup says to provide up to EUR200M trade financing to support Greece
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06:41 EDTC, BACFirm says JPMorgan was top investment bank in Q1, Reuters reports
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