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NC mortgage borrowers received $409M in relief from banks

Tue, 21 May 2013 14:33:04 -0400

Mortgage borrowers in North Carolina have received almost $410 million in relief from the landmark National Mortgage Settlement announced last year...

Latest News About Bank of America (BAC)

Tue, 21 May 2013 14:31:43 -0400

New York, NY -- (SBWIRE) -- 05/21/2013 -- Bank of America Corporation (NYSE:BAC) today announced an underwritten public offering of depositary shares, each representing a 1/25th interest in a share of its Non-Cumulative Perpetual Preferred Stock, Series U, with a liquidation preference of $25,000 per share (equivalent to $1,000 per depositary share). BofA Merrill Lynch will serve as sole book-running manager for the offering.

Analyst Moves: YHOO, CPB, EV

Tue, 21 May 2013 13:36:56 -0400

This morning, Oppenheimer increased its price target on shares of Yahoo! (YHOO) to $30 as the likelihood of an Alibaba IPO increases. In the report, Oppenheimer reiterated its outperform rating.

BAC, JPM, ETFC and AXP added to Financial Active Stock Watch List at EPR

Tue, 21 May 2013 12:23:00 -0400

Status Quo At JPMorgan: Bank Said To Beat Bid To Split Dimon's Jobs

Tue, 21 May 2013 10:07:15 -0400

Jamie Dimon will get to keep both his titles, after a shareholder vote to split the chairman and chief executive roles at JPMorgan Chase reportedly fell short Tuesday morning.

Bank of America Assisted 366,000 Customers With National Mortgage Settlement Programs Through March 31

Tue, 21 May 2013 10:02:00 -0400

Trading Idea: - Is Bank of America close to Resistance?

Tue, 21 May 2013 09:28:05 -0400

New York, May 21st (TradersHuddle.com) - Shares of Bank of America Corporation (NYSE:BAC) are trading very close to calculated resistance at $13.55. The stock ended the trading session at just $13.51, which is near levels that make it difficult to buy o. Read More --

High Net Worth Investors Refocus on Growth but Overlook Family, Health and Retirement Risks, Finds U.S. Trust 2013 Insights on Wealth and Worth

Tue, 21 May 2013 09:00:00 -0400

Bank of America Announces Preferred Stock Public Offering

Tue, 21 May 2013 08:56:00 -0400

Early Movers: HD, BBY, URBN, DELL & More

Tue, 21 May 2013 08:17:58 -0400

These are the stocks posting the largest moves before the bell.

Special Offer for Shareholders of BAC, RAD and WCRX

Tue, 21 May 2013 06:00:00 -0400

Options Volume: Same Names, Different Proportions

Tue, 21 May 2013 05:37:19 -0400

China Galaxy jumps in gray market, ahead of Hong Kong debut

Tue, 21 May 2013 04:43:20 -0400

HONG KONG, May 21 (Reuters) - China Galaxy Securities Co Ltd soared as much as 8.3 percent in gray market trading on Tuesday, signaling expectations the Chinese state-owned brokerage will climb in its official debut on the Hong Kong stock exchange on Wednesday.

Credit Suisse replaces Morgan Stanley as No. 2 Asia prime broker

Tue, 21 May 2013 03:54:11 -0400

HONG KONG, May 21 (Reuters) - The Asian prime brokerage unit of Credit Suisse has replaced Morgan Stanley as the second largest firm servicing the region's $148 billion hedge funds industry, a survey showed.

John Chambers Delivers, Big Investors Now Chasing Stocks

Tue, 21 May 2013 02:03:16 -0400

The action in the stock market continues to amaze.

When stocks go up on bad news (like last week’s higher initial claims for jobless … [visit site to read . . . → Read More: John Chambers Delivers, Big Investors Now Chasing Stocks

U.S. Senators urge swaps watchdog to rein in oil majors

Mon, 20 May 2013 17:33:39 -0400

WASHINGTON, May 20 (Reuters) - Large energy companies look set to slip through the maze of new rules for derivatives trading, a group of U.S. senators said, urging regulators to tighten oversight to cover all the market.

Morgan Stanley Exits India’s Private Wealth Market In Retrenchment

Mon, 20 May 2013 16:00:02 -0400

Three Reasons to Buy Bank Stocks

Mon, 20 May 2013 13:25:34 -0400

Financials are one of the best performing sectors in the S&P 500 this year, and some Wall Street strategists say the banks will continue to outperform, given improving loan fundamentals, attractive valuations and rising dividends.

Bank of America: The Winning Streak Continues (BAC)

Mon, 20 May 2013 13:16:00 -0400

Downgrade Alert for Bank of America (BAC)

Mon, 20 May 2013 12:45:00 -0400

Huntington Bank launches MasterCard for commercial clients

Mon, 20 May 2013 11:18:50 -0400

Banks Stay Strong, Google Looking Golden

Mon, 20 May 2013 11:18:26 -0400

Last week we had another bullish week of gains as this market extends its advance. The stair-step trend continues to hold higher and not wait for those looking for a pullback. This is one of the most interesting and complicated dynamics that I’ve seen in a while as performance anxiety runs rampant on Wall Street.

UPDATE 3-Actavis to buy Warner Chilcott in $5 billion stock deal

Mon, 20 May 2013 10:45:19 -0400

May 20 (Reuters) - Generic drugmaker Actavis Inc, itself the subject of takeover speculation, said on Monday it would buy specialty pharmaceutical company Warner Chilcott Plc for $5 billion in stock to expand its branded drug portfolio, lower taxes and increase profits.

Bank of America leads financials higher

Mon, 20 May 2013 10:42:32 -0400

Sector, third best in S&P 500, extends previous week’s winning streak.

The Biggest Borrowers From Uncle Ben Bernanke

Mon, 20 May 2013 10:41:40 -0400

The Too Big To Fail: Federal Reserve Bank At 100 Years of Age

Mon, 20 May 2013 10:41:40 -0400

As the markets reach new highs, and scandal dominates the nation's capitol, I am compelled to examine the still unresolved challenges about whether our 100 year old central bank-- the Federal Reserve-- will be capable of warding off another potential systemic financial crisis like the one that almost toppled the economy in 2008. And secondarily, whether the continuation of QE2 in lesser or greater degree will continue to foster a bull market in stocks-- which have gained value in 16 of the last 20 weeks.

The T3 Morning Market Call: Can Extended Market Rally Continue Without Rest?

Mon, 20 May 2013 10:28:00 -0400

Yahoo is up a bit as it buys Tumblr, a deal that is receiving widespread praise.

Stock Downgrades: Dunkin' Bull Run Done?

Mon, 20 May 2013 10:24:00 -0400

Wall Street ratings agencies set the tone for today's stock market.

Insider Trading News for Aruba, Microsoft, Bank of America, Micron, Schlumberger, and Rite Aid

Mon, 20 May 2013 08:55:00 -0400

Early Movers: YHOO, CPB, BA, GE & More

Mon, 20 May 2013 08:00:43 -0400

These are the stocks posting the largest moves before the bell.

Keefe, Bruyette & Woods Downgrades Bank of America (BAC) to Market Perform

Mon, 20 May 2013 06:29:11 -0400

Visit StreetInsider.com at http://www.streetinsider.com/news.php?st=p&id=8352848 for the full story.

Visa Equity Partners to Pay $907M for Websense

Mon, 20 May 2013 06:20:12 -0400

Options Volume: Continued Rise in PSX Ahead?

Mon, 20 May 2013 05:58:47 -0400

Singapore's CapitaLand launches $520 mln convertible bond-terms

Mon, 20 May 2013 05:58:20 -0400

HONG KONG, May 20 (Reuters) - CapitaLand Ltd, the biggest property developer in Southeast Asia, plans to raise up to $520 million in convertible bonds due 2020, according to a term sheet of the deal seen by Reuters on Monday.

5 Call Contenders: Financial Stocks

Mon, 20 May 2013 02:39:18 -0400

Strategy Behind Our Success, We Get in Early: BAC, SPY and AMD

Sat, 18 May 2013 09:00:00 -0400

UPDATE 1-US judge revives Dexia's mortgage lawsuit vs JPMorgan

Fri, 17 May 2013 17:44:08 -0400

* Dexia lawsuit returned to NY state court where it began

UPDATE 1-High-yield bond funds see lower demand after record rally

Fri, 17 May 2013 17:10:41 -0400

NEW YORK, May 17 (Reuters) - Investors worldwide cut back on commitments to high-yield "junk" bond funds in the latest week, giving just $100 million to the funds globally after committing over $1 billion the prior week, according to Bank of America Merrill Lynch.

Charles Schwab to trim expenses, investments to boost shareholder returns

Fri, 17 May 2013 15:48:20 -0400

US VOLUME LEADERS: Cisco Systems, Inc., Bank of America Corporation, Aruba Networks, Inc., Ford Motor Company

Fri, 17 May 2013 13:25:47 -0400

Huntington Beach, CA -- (SBWIRE) -- 05/17/2013 -- PSPicks.com provides its subscribers with a free newsletter that reports up to the minute information and exclusive charts on cheap, undervalued, hidden, and undiscovered stocks traded on the NASDAQ, NYSE, AMEX, OTCBB, and PINKSHEETS with the potential of fast gains.

Analyst Moves: WSM, LTD, ADSK

Fri, 17 May 2013 12:28:53 -0400

This morning, Bank of America downgraded shares of Williams-Sonoma (WSM) from buy to neutral as the stock lacks near-term catalysts to propel it higher from here. In the report, Bank of America set a $60 price target.

Wall Street bonuses, staff levels to rise in 2013: consultant

Fri, 17 May 2013 11:33:37 -0400

Wall Street bonuses and staff levels are expected to rise this year as trading and dealmaking activity pick up, according to a closely watched report released on Friday by a compensation consulting firm.

UPDATE 1-Bankers see M&A recovery after deals drop 7 pct so far in 2013

Fri, 17 May 2013 11:16:15 -0400

* BoA Merrill Lynch top M&A adviser worldwide so far this yr

Bank of America Corp (BAC) Option Buyers Bet on a Steady Ascent

Fri, 17 May 2013 11:07:00 -0400

The shares of Bank of America Corp (NYSE:BAC) are up nearly 1% at %2413.49, within a stone's throw of new two-year highs...(Read More)

Banking Round-Up: Price-to-Book Ratio Comparisons Q1 2013

Fri, 17 May 2013 11:00:13 -0400

U.S. muni bond sales to total $4.92 billion next week

Fri, 17 May 2013 10:53:15 -0400

NEW YORK, May 17 (Reuters) - U.S. municipal bond sales are expected to fall to $4.92 billion next week from this week's total of $6.8 billion, according to Thomson Reuters estimates released on Friday. Negotiated sales next week are expected to total $3.68 billion in 73 issues, compared with $5.3 billion in 91 deals this week. On Wednesday, Bank of America Merrill Lynch will price $800 million of New York City general obligation (GO) bonds following a two-day retail order period on Monda

UBS Eyes More Insurance Products Sales For Its American Wealth Management Unit

Fri, 17 May 2013 09:40:24 -0400

COLUMN-Business Development Companies: High yield, high risk

Fri, 17 May 2013 07:59:55 -0400

CHICAGO, May 17 (Reuters) - In a frantic search for yields, investors often turn toward relatively unknown products. Business Development Companies (BDCs) are one of latest vehicles to grab investor attention - and money.

Options Volume: Calls Across the Board

Fri, 17 May 2013 06:38:45 -0400

Where You Can Still Find Value and Growth

Fri, 17 May 2013 00:00:00 -0400

Here are three blue chips to ride the wave, as we update your Growth Portfolio.