JPMorgan Investigated by NY State for Datasbase Misuse and 2 Other Dow Movers...
JPMorgan Chase & Co. (NYSE:JPM): Current price $56.45 New York Attorney General Eric Schneiderman is looking at six of the top United States banks, including JPMorgan, concerning reports that they...
View ArticleBofA to Face Charges by DOJ & SEC and 2 More Heavily Traded Stocks to Follow
Bank of America Corp. (NYSE:BAC): Current price $14.82 Bank of America said in its quarterly regulatory filing on Thursday that the U.S. Justice Department and Securities and Exchange Commission intend...
View ArticleReport: BofA Needs Judge’s Favor in Latest Lawsuit
The financial crisis continues to plague the biggest banks five years after the fact, and the haunting won’t stop any time soon. The latest struggle is coming for Bank of America (NYSE:BAC), which has...
View ArticleMicrosoft Discounts Surface Pro on Cost Savings and 2 Other Hot Stocks to Watch
Microsoft Corporation (NASDAQ:MSFT): Current price $31.73 Over the weekend, Microsoft discounted its Surface Pro tablet by 10 percent, in response to recent, sizable reductions to its Surface RT costs....
View ArticleBofA to Cut Over 200 Troubled Mortgage Jobs in PA and 2 More Heavily Traded...
Bank of America Corp. (NYSE:BAC): Current price $14.64 The Charlotte-based lender has advised the Pennsylvania Department of Labor that it will eliminate 209 jobs from a division that services troubled...
View ArticleWhy is the Justice Department Coming Down on Bank of America?
The Justice Department is suing Bank of America (NYSE:BAC) for allegedly defrauding investors by underestimating the quality of mortgage backed securities, it was announced Tuesday. Eric Holder, the...
View ArticleNew Lawsuit for Bank of America Brought by DOJ and 2 Other Hot Stocks to Watch
Bank of America Corp. (NYSE:BAC): Current price $14.36 CEO Brian Moynihan may be trying to put the 2008 financial crisis behind the bank, but a new suit brought Tuesday by the Justice Department will...
View Article4 Financial Stock Stories Investors Can Take to the Bank Today
Goldman Sachs Group Inc. (NYSE:GS): Current price $163.85 Knowledgeable sources say that Goldman Sachs and Deutsche Bank are funding the purchase of the 650 Madison building in New York with an...
View ArticleDOJ Sues to Block US Airways-AMR Merger and 2 Other Hot Stocks to Watch
US Airways Group Inc. (NYSE:LCC): Current price $16.88 After all this time, on Tuesday the United States Justice Department sued to block the imminent merger of AMR Corp and US Airways Group, a deal...
View ArticleEx-BofA Employee Under DOJ Scrutiny Hired by Fannie Mae and 2 Other Hot...
Bank of America Corp. (NYSE:BAC): Current price $14.66 The former Bank of America Corp. executive Adam Glassner, whose work on mortgage bonds is the target of regulator and Justice Department lawsuits,...
View Article3 Consumer Stock Stories For Savvy Midweek Investment Shopping
The Hertz Corporation (NYSE:HTZ): Closing price $24.91 Hertz is re-designing, updating and unveiling its locations on a global basis, while it continues to streamline the rental experience and enhance...
View ArticleDell Provides Cloud-Based App to Arroware Startup and 2 Other Hot Stocks to...
Dell Inc. (NASDAQ:DELL): Current price $13.70 Dell is assisting the Canadian social networking startup Arroware Industries Inc. modify the manner in which users connect and share social media files via...
View ArticleFord to Compensate 2014 C-MAX Hybrid Buyers and 2 Other Hot Stocks to Watch
Ford Motor Co. (NYSE:F): Current price $16.40 On Thursday after the close, Ford announced a series of upgrades to the 2014 C-MAX Hybrid, ranging from improved gearing and additional aerodynamic pillars...
View ArticleEinhorn Sells Out His Microsoft Position and 2 Other Hot Stocks to Watch
Microsoft Corp. (NASDAQ:MSFT): Current price $31.88 The influential hedge fund manager David Einhorn reported his second quarter portfolio Friday morning. For that quarter, he was a net seller, selling...
View ArticleBofA Will Merge Merrill Lynch into Itself and 2 Other Dow Movers to Watch
Bank of America Corp. (NYSE:BAC): Current price $14.41 According to a recent filing, the No. 2 domestic lender will merge its Merrill Lynch subsidiary into itself in order to lower complexity and...
View ArticleWhat Will Happen as BofA Dissolves Merrill Lynch?
Bank of America (NYSE:BAC) will dissolve its subsidiary Merrill Lynch & Co. as early as the fourth quarter, according to a filing from August 2. Bank of America will assume all of Merrill Lynch’s...
View ArticleSiriusXM and Major League Baseball Extend Agreement and 2 Other Hot Stocks to...
SiriusXM Radio Inc. (NASDAQ:SIRI): Current price $3.66 Starting Monday, a six-year extension of the agreement between SiriusXM Radio and Major League Baseball takes effect, which will now allow MLB...
View ArticleWal-Mart Announces Pre-Order Date for Xbox One and PlayStation 4, and 2 Other...
Wal-Mart Stores Inc. (NYSE:WMT): Current price $73.29 Wal-Mart will begin pre-ordering the long-awaited Microsoft Xbox One and Sony PlayStation 4 on Saturday. However, quantities will be limited....
View ArticleNew Hewlett-Packard Shakeup Involves David Donatelli and 2 More Heavily...
Hewlett-Packard Co. (NYSE:HPQ): Current price $25.43 A knowledgeable sources says that David Donatelli, who is chief of Hewlett-Packard’s HPQ Enterprise Group, is being reassigned. This heralds a...
View ArticleHalliburton to Repurchase $3.3 Billion of Stock and 2 Other Hot Stocks to Watch
Halliburton Co. (NYSE:HAL): Current price $48.36 Halliburton announced Friday that after a “Dutch auction” tender offer, it will repurchase 68 million shares at $48.50 apiece, representing roughly 7...
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