Boston, MA 10/03/2014 (wallstreetpr) – According to reports, Douglas Emmett, Inc. (NYSE:DEI) recently announced that it had closed a term loan worth $145 million at interest of LIBOR plus 1.25% per annum. DEI is a well known real-estate investment trust. Insights of the announcement: It is a secured, non-recourse term loan and will mature on October […]
Banking
Platts, McGraw Hill Financial Inc (NYSE:MHFI) Division Increases Frequency of Data Offering and Sugar Price Assessment
Boston, MA 09/30/2014 (wallstreetpr) – According to reports, Platts has decided to increase the frequency of its data offering, news analysis and sugar prices in the markets of European markets. Platts is a division of world-famous McGraw Hill Financial Inc (NYSE:MHFI) and known as the leading petrochemicals, global energy, agriculture and metal information provider. Management Call: […]
Popular Reverse Mortgage Concept of Bank of America Corp (NYSE:BAC) Has A Long And Bright Future
Boston, MA 09/30/2014 (wallstreetpr) – Bank of America Corp (NYSE:BAC) had to pay a huge price of misleading the public about mortgage-backed securities during 2007-08. It not only caused them huge losses, but also pushed the whole world in a recession. After the incident, people started avoiding mortgage and reverse mortgage concepts. Experts once thought […]
Citigroup Inc (NYSE:C) To Make Interest Payment Due September To Argentina Bondholders After Court’s Permission
Boston, MA 09/29/2014 (wallstreetpr) – Financial services provider Citigroup Inc (NYSE:C) has got a temporary relief from a U.S. District Court paving the way for the company to make interest payment due on September 30 to the bondholders of Argentina. The company has been pointing out the regulatory issues and threats of even losing the license […]
Will Bill Gross Hiring resurrects Janus Capital Group Inc (NYSE:JNS)?
Boston, MA 09/29/2014 (wallstreetpr) – Provider of investment management solutions, Janus Capital Group Inc (NYSE:JNS) has got a prized catch. The company has hired world famous fixed income investor, William Gross or Bill Gross, to manage its bond business, where it was lacking after finding itself in an embroiled situation over the mutual funds trading […]
Where is Bank of America Corp (NYSE:BAC) Heading
Boston, MA 09/29/2014 (wallstreetpr) – Bank of America Corp (NYSE:BAC) has possibly succeeded in luring investors with a series of recent and upcoming happenings. Firstly, it decided to aptly forego the potentially beneficial revenue, by dropping the net income that used to be notched up from additional debit card overdrafts and such other products. Quarterly […]
JPMorgan Chase & Co. (NYSE:JPM): Accumulate near $56-57
Boston, MA 09/26/2014 (wallstreetpr) – JPMorgan Chase & Co. (NYSE:JPM) (Closed: 60.15, Down: 2.40%) had one of the largest down days in quite a while. Just this week, it registered a new life time high at $61.85, being among the few large caps to create new highs frequently. The daily candle formed was a perfect […]
TD Ameritrade Holding Corp. (NYSE:AMTD) And EASi Enter Into a Strategic Relationship
Boston, MA 09/26/2014 (wallstreetpr) – According to reports, TD Ameritrade Holding Corp. (NYSE:AMTD) has decided to enter into a strategic relationship with Equity Administration Solutions, Inc. (EASi). It is one of the largest compensation software-as-a-service providing companies of the world. Other than being a well-known software service provider company, EASi also provide administrative support to […]
Wells Fargo & Co (NYSE:WFC) Names Former Barclays Officer, Marty Courage, As Regional Director Of Its Private Bank In Boston
Boston, MA 09/26/2014 (wallstreetpr) – Financial services provider, Wells Fargo & Co (NYSE:WFC) disclosed that it has appointed a former Barclays officer, Marty Courage, as its Regional Director for its Boston office of the company’s Private Bank. Wealth Management Functions Wells Fargo & Co (NYSE:WFC) stated that he would be stationed in Boston and would manage […]
JPMorgan Chase & Co. (NYSE:JPM) Generates $11.5 Billion From Fixed Income And Advisory Deals In First Half Of Current Year To Top Investment Bank Space
Boston, MA 09/26/2014 (wallstreetpr) – Financial services provider, JPMorgan Chase & Co. (NYSE:JPM) generated more revenues from its fixed income and advisory deals in the first six-month period of the current year compared to its peers. As a result, it ranked top among the investment banking space in the first two quarters. The company has […]
Bank of S C Corporation (NASDAQ:BKSC) Declares Special Dividend, Three-Year Dividend Growth Rate Reaches 9.2%
Boston, MA 09/26/2014 (wallstreetpr) – A financial institution holding company, Bank of S C Corporation (NASDAQ:BKSC) said that its Board of Directors has declared a quarterly cash dividend of 13 cents a share to all the shareholders. This is the fifth quarter that the company has been paying the same dividend of 13 cents a […]
Wells Fargo & Co (NYSE:WFC) Appoints Alejandra Evans As Senior VP Of Insurance Risk Management And International Business
Boston, MA 09/25/2014 (wallstreetpr) – The insurance unit of Wells Fargo & Co (NYSE:WFC) will have Alejandra (Alex) Evans as its new Senior Vice President. She will be looking at the International business and Risk Management sections of the insurance unit with her long career span in the same segment. The New VP Responsibilities Ms. […]
Wells Fargo & Co (NYSE:WFC): May drop to $50 in the short term
Boston, MA 09/24/2014 (wallstreetpr) – Wells Fargo & Co (NYSE:WFC) (Closed: 52.10 Down: 1.51%) dropped for the third straight session after the news of the company paying $5 million in settlement to the US regulatory accusation of insider trading. The hard stance of the SEC against the company has obviously not taken well by the […]
Envision Healthcare Holdings Inc (NYSE:EVHC): Clayton, Dubilier & Rice, LLC, And Other Officers Sell Shares Privately
Boston, MA 09/24/2014 (wallstreetpr) – Provider of physician-led, outsourced medical services, Envision Healthcare Holdings Inc (NYSE:EVHC) disclosed that some of the investments connected with Clayton, Dubilier & Rice, LLC, and some of its Directors and executive officers were selling shares to Citigroup Inc (NYSE:C). Sale of Shares In what could be termed as insiders selling […]
The Blackstone Group L.P. (NYSE:BX) COO Views New Tax Inversion Rules Would Not Really Hamper Deals
Boston, MA 09/24/2014 (wallstreetpr) – During an interview with CNBC, The Blackstone Group L.P. (NYSE:BX)‘s president and COO, Tony James said that the new tax laws to curb inversion deals will not really deter the companies from moving abroad. An inversion deal is a strategy adopted by American companies to shift their home office to […]
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