4 Financial Stock Stories To Kick Off the New Trading Week
Deutsche Bank (NYSE:DB): Current price $47.90 A knowledgeable source reports that Deutsche Bank has arranged a $200-million credit facility for Apollo Global Management (NASDAQ:APO) to purchase...
View ArticleRecord Fines Have Not Calmed Currency-Rigging Fears
As early as 2008, rumors were swirling that some banks — including Barclays (NYSE:BCS), UBS (NYSE:UBS), and the Royal Bank of Scotland (NYSE:RBS) — might have understated the borrowing costs they...
View ArticleBofA Merrill Lynch Tt Participate In China Cinda IPO and 2 Other Hot Stocks...
Bank of America Corporation (NYSE:BAC): Current price $13.16 Sources to IFR said Monday that four worldwide investment banks have commenced work on a planned initial public offering of China Cinda...
View Article4 Financial Stock Stories Making Tuesday Headlines
UBS (NYSE:UBS): Current price $18.07 On Tuesday, the United Kingdom’s fraud prosecutor charged the former UBS and Citigroup (NYSE:C) trader Tom Hayes with eight counts of conspiracy to defraud, while...
View ArticleAnalyst: Tim Cook Deserves a Thumbs-Up
Apple (NASDAQ:AAPL) CEO Tim Cook recently received a rare affirmation of his leadership abilities from an analyst at a major financial services firm. Although he thinks Apple “stock may never again be...
View Article4 Merger and Acquisitions Stock Stories for Midweek Due Diligence
Verizon Communications (NYSE:VZ): Current price $50.05 The Verizon spokesman Bob Varettoni said Wednesday in an email that his firm has expressed interest in purchasing the wireless carrier Wind...
View Article4 Financial Stock Stories to Bring In the New Trading Week
Morgan Stanley (NYSE:MS): Current price $24.40 In a note written Monday, analysts at Goldman Sachs say that Morgan Stanley and Bank of New York Mellon Corp. are the two American banks likely to see the...
View ArticleAnalyst: Is This the Best Time to Buy Apple?
Should buyers take advantage of the recent dip in Apple’s (NASDAQ:AAPL) share price? UBS analyst Steve Milunovich thinks that the Cupertino-based company’s stock may be in for a turnaround in the next...
View ArticleFord’s Big India Launch, Time Warner Backs Off CME Investment, and 3 More Hot...
Ford Motor Co. (NYSE:F): Ford has launched the EcoSport compact SUV in India, where the company is counting on it to make a big splash. The vehicle is priced at $9,365, and Ford is hoping that its...
View ArticleWill U.C. California Lawsuit Punish Major Banks?
The Regents of the University of California have joined the row of people looking to punish major banks for manipulating the London Interbank Offered Rate. NEW! Discover a new stock idea each week for...
View ArticleS&P: Major European Banks Are Facing Big Risks
Standard & Poor’s lowered the credit ratings of Barclays (NYSE:BCS), Deutsche Bank (NYSE:DB), and Credit Suisse (NYSE:CS) because it says new regulations and uncertain market conditions are...
View ArticleDoes iOS 7 Make Apple an Innovator Again?
How should Apple (NASDAQ:AAPL) respond to the maturing smartphone market? UBS analyst Steve Milunovich notes that the worldwide smartphone market is nearing saturation and that most of the growth is...
View ArticleWill Recent News Affect HSBC?
With shares of HSBC (NYSE:HBC) trading around $52, is HBC an OUTPERFORM, WAIT AND SEE or STAY AWAY? Let’s analyze the stock with the relevant sections of our CHEAT SHEET investing framework: T = Trends...
View ArticleCitigroup Sees Hong Kong Lawsuit Go Away and 2 Other Hot Stocks
Citigroup (NYSE:C): Current price $48.15 The Wall Street bank has won dismissal of a lawsuit in Hong Kong, brought by the former private banking client Natamon Protpakorn seeking $17.9 million for...
View ArticleWill Barclays Break Higher?
With shares of Barclays (NYSE:BCS) trading around $17, is BCS an OUTPERFORM, WAIT AND SEE or STAY AWAY? Let’s analyze the stock with the relevant sections of our CHEAT SHEET investing framework: T =...
View ArticleHere’s Why UBS is Captain of the Banking Champions League
Swiss banking giant UBS (NYSE:UBS) has once again been crowned the largest of the largest — and in some ways, the best of the best. The 2013 Scorpio Partnership Global Private Banking Benchmark showed...
View Article4 Financial Stock Stories Ready for a Midweek Analysis
Barclays (NYSE:BCS): Current price $18.06 On Wednesday, Barclays announced that subsequent to close on Friday, there will be no changes to the constituents in the Atlantic Trust Select MLP Index....
View ArticleWarren and McCain Agree: It’s Time to Break Up Big Banks
Broadly speaking, the Glass-Steagall Act (or at least the provisions referred to here) put a wall between commercial banking and investment banking. The division was intended to prevent risky...
View ArticleAT&T’s Leap Puts Spanner in the Works for Dish and T-Mobile
AT&T Inc.’s (NYSE:T) $1.2 billion offer to purchase Leap Wireless International Inc. (NASDAQ:LEAP) on Friday may force Dish Network Corp. (NASDAQ:DISH) and T-Mobile U.S. Inc. (NYSE:TMUS) to join...
View ArticleIs Barclays Supported by These Factors?
With shares of Barclays (NYSE:BCS) trading around $18, is BCS an OUTPERFORM, WAIT AND SEE, or STAY AWAY? Let’s analyze the stock with the relevant sections of our CHEAT SHEET investing framework: T =...
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