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Stock Market & Financial Investment News

News For GS;MS;WFC;USB;C;BAC From The Last 14 Days
Check below for free stories on GS;MS;WFC;USB;C;BAC the last two weeks.
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May 14, 2013
16:00 EDTCOptions Update; May 14, 2013
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14:44 EDTMSMorgan Stanley hits close to multi-year highs, levels to watch
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11:07 EDTMSMorgan Stanley hits close to multi-year highs, levels to watch
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10:53 EDTBACBank of America breakout continues, levels to watch
The breakout back above what was persistent resistance at the $12.50 area has now taken on a firmer bullish footing. Shares are trading at multi-year highs, last at $13.25. At that price, resistance is now at $13.56 and then at $13.84. Support is at $13.01.
09:01 EDTGSNVIDIA in $750M accelerated share repurchase pact with Goldman Sachs
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08:44 EDTBACBank of America management to meet with Deutsche Bank
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08:33 EDTC, MS, BAC, GS, USB, WFCCFTC investigates swap contracts, FT reports
The Commodity Futures Trading Commission issued a “special call” asking Wall Street banks and other traders to provide documents that would prove recent derivatives transactions known as “exchanges of futures for swaps” were legal. Lawyers at the CFTC enforcement division are also scrutinizing the trades for possible violations. The probe is into the legitimacy of more than 1M energy and metals transactions by the biggest traders in commodities markets over the past two years.Reference Link
08:18 EDTCDavid Tepper says Citigroup position 'more than twice' Apple stake
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08:10 EDTCDavid Tepper says biggest position remains Citigroup
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08:10 EDTCDavid Tepper says biggest position remains Citigroup
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07:59 EDTGSGlass Lewis: Investors should oppose Goldman Sachs pay plan, Bloomberg reports
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06:19 EDTBAC, WFC, MSBrokerage firms see market share drop, competition increase, Bloomberg reports
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06:01 EDTGSGoldman looking to lessen reliance on Bloomberg, NY Post reports
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05:44 EDTMSBanks work deals from both sides of the field, WSJ reports
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May 13, 2013
15:04 EDTC, USB, MS, WFC, GS, BACFed says large banks must submit midyear stress tests on July 5
Eighteen large U.S. bank holding companies are required to submit the results of their company-run, midyear stress tests to the Federal Reserve on July 5, the Federal Reserve said. The Dodd-Frank Wall Street Reform and Consumer Protection Act required that large bank holding companies and non-bank financial institutions that are designated for Federal Reserve supervision by the Financial Stability Oversight Council conduct two stress tests each year. In the midyear test, which is being conducted for the first time in 2013, each firm develops its own baseline, adverse, and severely adverse scenarios to best reflect its individual operations and risks. Each firm in the midyear test is required to release the results produced under its severely adverse scenario, helping promote market discipline and understanding of the financial conditions and risks of individual firms, between September 15 and September 30, the Fed added.
09:39 EDTCActive equity option families trading
Active equity option families trading on open according to Track Data: AAPL C TSLA LVS GILD FSLR
May 10, 2013
16:01 EDTCOptions Update; May 10, 2013
CBOE Volatility Index VIX down 56c to 12.57. Option volume leaders: BIDU AAPL TSLA GOOG C MBI MGM according to Track Data.
10:01 EDTUSBU.S. Bancorp awardeed $65M of new markets tax credit allocation
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08:40 EDTUSBU.S. Bancorp management to meet with Deutsche Bank
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07:33 EDTBACNew York's case against BofA, Merrill may be dropped, Reuters reports
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