Final Glance: Banks companies
AP - 2 hrs 21 mins ago
NEW YORK (AP) — Shares of some top banks companies were up at the close of trading:
C: 53.10 (+0.62), WFC: 54.67 (+0.39), BAC: 15.74 (+0.24), MS: 37.20 (+0.45)
Akebia Therapeutics Announces Closing of Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares
Business Wire - Wed Apr 22, 3:01PM CDT
Akebia Therapeutics, Inc. (Nasdaq:AKBA) today announced the closing of its public offering of 8,363,636 shares of common stock at a public offering price of $8.25 per share. This includes the exercise in full by the underwriters of their option to purchase 1,090,909 shares of common stock. The aggregate net proceeds to Akebia, after underwriting discounts and commissions and estimated offering expenses, are approximately $64.6 million. All of the shares of common stock were offered by Akebia.
AKBA: 8.39 (+0.07), MS: 37.20 (+0.45)
Decent Banking Earnings Fail To Energize Financial ETFs
Zacks Funds - Seeking Alpha - Wed Apr 22, 1:11PM CDT
The financial sector, which accounts for around one-fifth of the S&P 500 index, had a sluggish 2014. Dull mortgage banking and client activities, soft trading volumes, high legal costs and global growth worries along with a low interest rate...
GS: 198.32 (+1.48), VFH: 49.57 (+0.31), JPM: 62.94 (+0.63), KBWB: 37.77 (+0.37), IAI: 42.98 (+0.41), C: 53.10 (+0.62), WFC: 54.67 (+0.39), XLF: 24.28 (+0.17), IYG: 91.22 (+1.10), MS: 37.20 (+0.45)
Midday Glance: Banks companies
AP - Wed Apr 22, 12:39PM CDT
NEW YORK (AP) — Shares of some top banks companies are up at 1 p.m.:
C: 53.10 (+0.62), WFC: 54.67 (+0.39), BAC: 15.74 (+0.24), MS: 37.20 (+0.45)
Phoenix Marketing International Reports That Fewer Than 40% Of UK Residents Age 55+ Are Financially Ready For Retirement and Few Expect A Significant Impact From Pensions
PRWeb - Wed Apr 22, 11:15AM CDT
Phoenix Marketing International, one of the top research companies in the U.S., released initial findings from its March 2015 study among 1,349 UK residents age 25+ with £15K+ in household income and £5K+ deposited or invested at any investment services company. Findings show that UK residents are in need of more information about Pensions Freedom and specifically investment options for their money purchase/defined contribution scheme. Alarming perhaps, is that less than one-third who are nearing retirement (age 55-64) are "financially well-prepared" and residents age 25 to 54 express many financial concerns.
MS: 37.20 (+0.45)
Fitch Assigns Final Ratings to MSBAM 2015-C22 Commercial Mortgage Trust Pass-Through Certificates
Business Wire - Wed Apr 22, 10:19AM CDT
Fitch Ratings has assigned the following ratings and Rating Outlooks to Morgan Stanley Bank of America Merrill Lynch Trust (MSBAM) 2015-C22 commercial mortgage pass-through certificates:
MS: 37.20 (+0.45)
Early Glance: Banks companies
AP - Wed Apr 22, 9:25AM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.:
C: 53.10 (+0.62), WFC: 54.67 (+0.39), BAC: 15.74 (+0.24), MS: 37.20 (+0.45)
Insider Trading Alert - HEB, MS And IMPV Traded By Insiders
at The Street - Wed Apr 22, 9:15AM CDT
Stocks with insider trader activity include HEB, MS and IMPV
HEB: 0.25 (+0.01), IMPV: 47.68 (-0.88), MS: 37.20 (+0.45)
TD Ameritrade Earnings Miss on High Expenses, Shares Fall - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 22, 7:28AM CDT
Shares of TD Ameritrade Holding Corporation (AMTD) declined 2.8% in a day's trading following its fiscal 2015 second-quarter (ending March 31) earnings release on Tuesday, before the market opened.
IBKR: 34.58 (+2.18), AMTD: 35.64 (+0.22), SCHW: 30.46 (+0.30), MS: 37.20 (+0.45)
Decent Banking Earnings Fail to Energize Financial ETFs - ETF News And Commentary
Zacks Equity Research - Zacks Investment Research - Wed Apr 22, 6:00AM CDT
The banking sector kicked off the earnings season on a strong note with the majority of the big banking clan beating estimates on both lines. However, the same optimism was not reflected in the financial ETFs.
GS: 198.32 (+1.48), VFH: 49.57 (+0.31), JPM: 62.94 (+0.63), KBWB: 37.77 (+0.37), IAI: 42.98 (+0.41), C: 53.10 (+0.62), BAC: 15.74 (+0.24), WFC: 54.67 (+0.39), XLF: 24.28 (+0.17), IYG: 91.22 (+1.10), MS: 37.20 (+0.45)
InsiderInsights.com Daily Round Up 4/21/15: HTWR, ASYS, BH, NXRT
InsiderInsights - at Seeking Alpha - Wed Apr 22, 5:08AM CDT
IMDZ: 26.66 (+0.22), AGCO: 48.16 (-0.16), SAM: 261.44 (-2.60), NXRT: 13.95 (+0.01), GDL: 10.41 (+0.04), MRD: 19.19 (+0.06), HTWR: 77.60 (-2.35), ASYS: 12.01 (+0.40), MS: 37.20 (+0.45), VIRT: 21.81 (-0.54), BH: 396.99 (-5.47), LNKD: 259.35 (+0.93), EVTC: 21.61 (+0.38), CDTX: 14.94 (-0.11), NEOG: 47.09 (-0.51), HRG: 12.15 (+0.02)
U.S. Banks Now Less Risky Than European Peers
Markit - at Seeking Alpha - Wed Apr 22, 4:41AM CDT
Strong second quarter earnings and positive stress tests have helped reduce US banks' credit risk, while their European counterparts battle with further penalties and systemic risk. US banks have stood out as a bright spot this earnings season,...
GS: 198.32 (+1.48), JPM: 62.94 (+0.63), C: 53.10 (+0.62), BAC: 15.74 (+0.24), WFC: 54.67 (+0.39), MS: 37.20 (+0.45)
Court filing lists many errors that helped kill Revel casino
By WAYNE PARRY - AP - Tue Apr 21, 8:01PM CDT
ATLANTIC CITY, N.J. (AP) — The former owners of the Revel casino are acknowledging a long list of mistakes that helped kill the $2.4 billion resort, including an onerous energy contract that strangled it from the get-go.
MS: 37.20 (+0.45)
NYSE stocks posting largest volume decreases
AP - Tue Apr 21, 5:03PM CDT
NEW YORK (AP) — A look at the 10 biggest volume decliners on New York Stock Exchange at the close of trading:
BRT: 6.84 (-0.06), TCI: 11.05 (+0.01), MOG.B: 73.02 (-0.26), MOG.A: 73.81 (+0.30), ARL: 5.81 (+0.06), BOXC: 23.40 (+0.30), NTL: 21.21 (+0.04), MS: 37.20 (+0.45), IFT: 6.93 (+0.03)
Goldman Sachs BDC, Inc. Closes Over-allotment Option
Business Wire - Tue Apr 21, 3:05PM CDT
Goldman Sachs BDC, Inc. ("GS BDC"
GSBD: 21.50 (unch), MS: 37.20 (+0.45)
Fitch: Morgan Stanley's Wealth Management Segment Gains More Traction
Business Wire - Tue Apr 21, 10:55AM CDT
Morgan Stanley's (MS; 'A/F1', Outlook Stable) first quarter 2015 (1Q'15) reported earnings of $2.4 billion were strong in Fitch Ratings' view, driven by continued execution on the company's wealth management strategy, better results in its Equities Trading businesses and growth in net interest income (NII).
MS: 37.20 (+0.45)
Wall Street Exodus to Silicon Valley Isn't Just About the Money
at The Street - Tue Apr 21, 10:30AM CDT
It's as much about escaping the regulatory headaches as it is the rich payday.
LC: 19.01 (-0.34), GS: 198.32 (+1.48), JPM: 62.94 (+0.63), FB: 84.63 (+1.01), CS: 26.60 (-0.02), GOOGL: 549.18 (+6.26), TWTR: 51.73 (+0.41), MS: 37.20 (+0.45)