JP Morgan Chase & Co (JPM) 59.67 $JPM
Santander Consumer USA Holdings Inc. Announces Secondary Offering by Sponsor Auto Finance Holdings Series LP
PR Newswire - Tue Sep 02, 5:14PM CDT
Santander Consumer USA Holdings Inc. (NYSE: SC) ("SCUSA"
today announced the public secondary offering of 10,047,954 shares, or 2.88% of our outstanding common stock, by Sponsor Auto Finance Holdings Series LP ("Sponsor Auto", an investment vehicle jointly owned by investment funds affiliated with certain entities, including Warburg Pincus LLC and Kohlberg Kravis Roberts & Co. L.P. Upon completion of the offering, Sponsor Auto will own approximately 1.18% of the common stock of SCUSA. Santander Consumer USA Holdings Inc. will not receive any proceeds from this offering. J.P. Morgan is acting as the sole underwriter for the offering.
SunTrust to Hire 200 for Capital Markets, Stock Research - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 02, 4:25PM CDT
When many big Wall Street banks are retrenching employees amid stricter capital requirements and trading slump, SunTrust (STI) is treading the opposite path.
Russia investment fund hides US advisers' names
By STEPHEN BRAUN and JEFF HORWITZ - AP - Tue Sep 02, 4:08PM CDT
WASHINGTON (AP) — A $10 billion investment fund backed by the Russian government that has avoided being targeted by U.S. economic sanctions over the invasion of Ukraine redesigned its website Tuesday and made it more difficult to find names of prominent U.S. and European executives on its international advisory board.
Wall Street Banks Get Rid of Aluminum Price Fixing Suits - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 02, 3:50PM CDT
Amid heightened regulatory and political scrutiny on banks' ownership of the physical commodity business, the latest dismissal of an antitrust lawsuit brings relief for Goldman Sachs Group, Inc. (GS) and JPMorgan Chase & Co. (JPM) among other banks.
Solid Q2 Earnings for FDIC-Insured Banks, Expenses Down - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 02, 2:05PM CDT
Federal Deposit Insurance Corporation (FDIC)-insured commercial banks and savings institutions reported second-quarter 2014 earnings of $40.2 billion, above the year-ago earnings of $38.2 billion by 5.3%.
Municipal Bonds to Lose Liquid-Asset Status? 2 Banks to Avoid - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 02, 1:16PM CDT
Municipal bonds may no more be part of banks' easily sellable assets following a ruling on Sep 3.
3 Great Big Bank Stocks With Growing Dividends
Patrick Morris, The Motley Fool - Motley Fool - Tue Sep 02, 12:31PM CDT
Investors looking for solid income may wonder if there are big bank stocks with growing dividends. And it turns out, there are three with a lot to like, and they should certainly be put on investors' watchlists. 1. Wells Fargo Much has been...
Jim Cramer's Stop Trading: Palo Alto Networks on Its Way to $100
at The Street - Tue Sep 02, 10:09AM CDT
TheStreet's Jim Cramer says shares of Palo Alto Networks should continue to move higher amid increased demand for cyber security.
PAA Announces Public Offering of Senior Notes
Business Wire - Tue Sep 02, 8:14AM CDT
Plains All American Pipeline, L.P. (NYSE
AA) today announced that it has commenced a public offering of senior notes (the "Notes". The Partnership intends to use the net proceeds from this offering to repay outstanding borrowings under its commercial paper program and for general partnership purposes. Amounts repaid under the Partnership's commercial paper program may be reborrowed, as necessary, to fund its ongoing expansion capital program or future acquisitions, or for general partnership purposes.
Great-West Financial(R) completes acquisition of J.P. Morgan Retirement Plan Services
Business Wire - Tue Sep 02, 8:01AM CDT
Great-West Financial(R) today announced it has completed its acquisition of the J.P. Morgan Retirement Plan Services large-market recordkeeping business, a major step in building one of the nation's premier retirement services firms.
Great-West Lifeco's U.S. subsidiary completes acquisition of J.P. Morgan Retirement Plan Services
CNW Group - Tue Sep 02, 8:00AM CDT
Great-West Financial marks milestone toward creating one of the largestU.S. retirement services providers across all market channels and segments
Three Regional Lenders With Dividends That Top JPM, USB and WFC
at The Street - Mon Sep 01, 3:46PM CDT
Northwest Bancshares, Oritani and Univest prove that banks don't have to be big to have big dividends and big profit margins.
Peter D. Hancock Assumes Role as AIG President and Chief Executive Officer
Business Wire - Mon Sep 01, 7:00AM CDT
American International Group, Inc. (NYSE:AIG) today announced that, in accordance with the company's succession plan, previously disclosed on June 10, 2014, Peter D. Hancock has assumed the role of President and Chief Executive Officer of AIG, and has joined AIG's Board of Directors. Mr. Hancock succeeds Robert H. Benmosche, who retired and now serves as an advisor to AIG.
Guess Where the Latest Highly-Paid Jobs Are Coming From? Hint: It’s Not Tech
Amanda Alix, The Motley Fool - Motley Fool - Sun Aug 31, 9:00AM CDT
While many Millennials face underemployment for the first few years after they graduate from college, there are some occupations in which bright young things with a year or two of experience can expect to earn $85,000 per year. One of these is ...
Morgan Stanley Plans to Build CNG Export Facility in Texas - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 29, 4:45PM CDT
Morgan Stanley (MS) has submitted its plans for setting up a compressed natural gas export facility near Freeport,TX to the U.S. Department of Energy's Office of Fossil Energy, as per Reuters.
Economic sanctions spare Western-tied Russian fund
By JEFF HORWITZ and STEPHEN BRAUN - AP - Fri Aug 29, 4:21PM CDT
WASHINGTON (AP) — Western business connections are complicating efforts to bring economic sanctions against executives and companies closely aligned with Russian President Vladimir Putin's inner circle. A prime example: the Russian Direct Investment Fund, a $10 billion sovereign wealth fund that's escaped sanctions in spite of international efforts to punish Russia for its incursions in Ukraine.
Lower FICC Hits Top Investment Banks, 1H14 Revenues Down 5% - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 29, 1:38PM CDT
Weak fixed income, currencies and commodities (FICC) revenues hit the world's top 10 investment banking giants with their top line witnessing a 5% decline in the first half of 2014, according to a report released on Wednesday by Coalition, a U.K. based analytics firm
If We Have Cyberwar With Russia, You Are on the Front Line
at The Street - Fri Aug 29, 12:07PM CDT
This week's announced cyberattack at JPMorgan Chase may have been just about money. But if a cyberwar is coming, all your computers are on the front line.
Dump These Funds as Municipal Bonds May Lose Liquid Status - Mutual Fund Commentary
Zacks Equity Research - Zacks Investment Research - Fri Aug 29, 11:17AM CDT
According to a Bloomberg report, municipal bonds may no longer be a part of banks' easily sellable assets following a ruling on Sept. 3rd.
Why AGCO (AGCO) Stock Is Gaining Today
at The Street - Fri Aug 29, 10:43AM CDT
Agco (AGCO) shares are climbing after being upgraded to 'neutral' from 'underweight' by analysts at JPMorgan (JPM) on Friday.
Santander Consumer USA Holdings Inc. Announces Secondary Offering by Sponsor Auto Finance Holdings Series LP
PR Newswire - Tue Sep 02, 5:14PM CDT
Santander Consumer USA Holdings Inc. (NYSE: SC) ("SCUSA"
today announced the public secondary offering of 10,047,954 shares, or 2.88% of our outstanding common stock, by Sponsor Auto Finance Holdings Series LP ("Sponsor Auto", an investment vehicle jointly owned by investment funds affiliated with certain entities, including Warburg Pincus LLC and Kohlberg Kravis Roberts & Co. L.P. Upon completion of the offering, Sponsor Auto will own approximately 1.18% of the common stock of SCUSA. Santander Consumer USA Holdings Inc. will not receive any proceeds from this offering. J.P. Morgan is acting as the sole underwriter for the offering. SunTrust to Hire 200 for Capital Markets, Stock Research - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 02, 4:25PM CDT
When many big Wall Street banks are retrenching employees amid stricter capital requirements and trading slump, SunTrust (STI) is treading the opposite path.
Russia investment fund hides US advisers' names
By STEPHEN BRAUN and JEFF HORWITZ - AP - Tue Sep 02, 4:08PM CDT
WASHINGTON (AP) — A $10 billion investment fund backed by the Russian government that has avoided being targeted by U.S. economic sanctions over the invasion of Ukraine redesigned its website Tuesday and made it more difficult to find names of prominent U.S. and European executives on its international advisory board.
Wall Street Banks Get Rid of Aluminum Price Fixing Suits - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 02, 3:50PM CDT
Amid heightened regulatory and political scrutiny on banks' ownership of the physical commodity business, the latest dismissal of an antitrust lawsuit brings relief for Goldman Sachs Group, Inc. (GS) and JPMorgan Chase & Co. (JPM) among other banks.
Solid Q2 Earnings for FDIC-Insured Banks, Expenses Down - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 02, 2:05PM CDT
Federal Deposit Insurance Corporation (FDIC)-insured commercial banks and savings institutions reported second-quarter 2014 earnings of $40.2 billion, above the year-ago earnings of $38.2 billion by 5.3%.
Municipal Bonds to Lose Liquid-Asset Status? 2 Banks to Avoid - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 02, 1:16PM CDT
Municipal bonds may no more be part of banks' easily sellable assets following a ruling on Sep 3.
3 Great Big Bank Stocks With Growing Dividends
Patrick Morris, The Motley Fool - Motley Fool - Tue Sep 02, 12:31PM CDT
Investors looking for solid income may wonder if there are big bank stocks with growing dividends. And it turns out, there are three with a lot to like, and they should certainly be put on investors' watchlists. 1. Wells Fargo Much has been...
Jim Cramer's Stop Trading: Palo Alto Networks on Its Way to $100
at The Street - Tue Sep 02, 10:09AM CDT
TheStreet's Jim Cramer says shares of Palo Alto Networks should continue to move higher amid increased demand for cyber security.
PAA Announces Public Offering of Senior Notes
Business Wire - Tue Sep 02, 8:14AM CDT
Plains All American Pipeline, L.P. (NYSE
AA) today announced that it has commenced a public offering of senior notes (the "Notes". The Partnership intends to use the net proceeds from this offering to repay outstanding borrowings under its commercial paper program and for general partnership purposes. Amounts repaid under the Partnership's commercial paper program may be reborrowed, as necessary, to fund its ongoing expansion capital program or future acquisitions, or for general partnership purposes. Great-West Financial(R) completes acquisition of J.P. Morgan Retirement Plan Services
Business Wire - Tue Sep 02, 8:01AM CDT
Great-West Financial(R) today announced it has completed its acquisition of the J.P. Morgan Retirement Plan Services large-market recordkeeping business, a major step in building one of the nation's premier retirement services firms.
Great-West Lifeco's U.S. subsidiary completes acquisition of J.P. Morgan Retirement Plan Services
CNW Group - Tue Sep 02, 8:00AM CDT
Great-West Financial marks milestone toward creating one of the largestU.S. retirement services providers across all market channels and segments
Three Regional Lenders With Dividends That Top JPM, USB and WFC
at The Street - Mon Sep 01, 3:46PM CDT
Northwest Bancshares, Oritani and Univest prove that banks don't have to be big to have big dividends and big profit margins.
Peter D. Hancock Assumes Role as AIG President and Chief Executive Officer
Business Wire - Mon Sep 01, 7:00AM CDT
American International Group, Inc. (NYSE:AIG) today announced that, in accordance with the company's succession plan, previously disclosed on June 10, 2014, Peter D. Hancock has assumed the role of President and Chief Executive Officer of AIG, and has joined AIG's Board of Directors. Mr. Hancock succeeds Robert H. Benmosche, who retired and now serves as an advisor to AIG.
Guess Where the Latest Highly-Paid Jobs Are Coming From? Hint: It’s Not Tech
Amanda Alix, The Motley Fool - Motley Fool - Sun Aug 31, 9:00AM CDT
While many Millennials face underemployment for the first few years after they graduate from college, there are some occupations in which bright young things with a year or two of experience can expect to earn $85,000 per year. One of these is ...
Morgan Stanley Plans to Build CNG Export Facility in Texas - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 29, 4:45PM CDT
Morgan Stanley (MS) has submitted its plans for setting up a compressed natural gas export facility near Freeport,TX to the U.S. Department of Energy's Office of Fossil Energy, as per Reuters.
Economic sanctions spare Western-tied Russian fund
By JEFF HORWITZ and STEPHEN BRAUN - AP - Fri Aug 29, 4:21PM CDT
WASHINGTON (AP) — Western business connections are complicating efforts to bring economic sanctions against executives and companies closely aligned with Russian President Vladimir Putin's inner circle. A prime example: the Russian Direct Investment Fund, a $10 billion sovereign wealth fund that's escaped sanctions in spite of international efforts to punish Russia for its incursions in Ukraine.
Lower FICC Hits Top Investment Banks, 1H14 Revenues Down 5% - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 29, 1:38PM CDT
Weak fixed income, currencies and commodities (FICC) revenues hit the world's top 10 investment banking giants with their top line witnessing a 5% decline in the first half of 2014, according to a report released on Wednesday by Coalition, a U.K. based analytics firm
If We Have Cyberwar With Russia, You Are on the Front Line
at The Street - Fri Aug 29, 12:07PM CDT
This week's announced cyberattack at JPMorgan Chase may have been just about money. But if a cyberwar is coming, all your computers are on the front line.
Dump These Funds as Municipal Bonds May Lose Liquid Status - Mutual Fund Commentary
Zacks Equity Research - Zacks Investment Research - Fri Aug 29, 11:17AM CDT
According to a Bloomberg report, municipal bonds may no longer be a part of banks' easily sellable assets following a ruling on Sept. 3rd.
Why AGCO (AGCO) Stock Is Gaining Today
at The Street - Fri Aug 29, 10:43AM CDT
Agco (AGCO) shares are climbing after being upgraded to 'neutral' from 'underweight' by analysts at JPMorgan (JPM) on Friday.
