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Market Recap Today: Pinnacle Foods Inc (NYSE:PF), Omega Healthcare Investors Inc (NYSE:OHI), Accelerate Diagnostics Inc (NASDAQ:AXDX)

Boston, MA 05/21/2014 (wallstreetpr) – Pinnacle Foods Inc (NYSE:PF), a branded food company in North America with $4 billion in market cap, agreed to join Hillshire Brands Co (NYSE:HSH) for a total of $6.6 billion including debt. Although Hillshire will continue paying dividends to its shareholders including those of Pinnacle that will join its ranks, […]

How U.S. Bancorp (NYSE:USB) And Peers Are Causing Bigger Rivals Sleepless Nights

Boston, MA 05/06/2014 (wallstreetpr) – U.S. Bancorp (NYSE:USB) is a regional financial services company. In the environment of unfavorable interest rates and reduced credit activities, banks can be seen going an extra mile to keep revenue up and profits stable. However, in so doing, a rift is emerging, and this time around it is the […]

Vornado Realty Trust (NYSE:VNO)’s Defining Moment With Investors Comes

Boston, MA 05/05/2014 (wallstreetpr) –  Vornado Realty Trust (NYSE:VNO) is scheduled to release its Q12014 earnings today. The release of the earnings will be followed by a conference call with investors and analysts on Tuesday. The last time the company released its financial scorecard was on February 24, when it reported Q42013, but that report […]

Bank Of America Corp (NYSE:BAC) Requests Discharge Of U.S. Mortgage Fraud Case

Boston, MA 04/29/2014 (wallstreetpr) – Bank of America Corp (NYSE:BAC) urged a judge to discharge a lawsuit filed with the U.S. Justice Department which claims the bank to mislead investors in mortgage securities loans. The lawsuit claims that Bank of America Corp (NYSE:BAC) has misinformed investors about the loan quality related to mortgage supported securities worth […]

Bank of America Corp (NYSE:BAC)’s Ex-CFO Joe Price Settles Last Piece Of Merrill Related Litigation

Boston, MA 04/25/2014 (wallstreetpr) – As per reports by the Wall Street Journal, Bank of America Corp (NYSE:BAC)‘s ex-CFO, Joe Price has agreed to settle one of the last legal battles over Merrill’s acquisition with New York State Attorney General, Eric Schneiderman.  As part of the settlement, Price will pay $7.5 million and will not serve […]

Bank of America Corp (NYSE:BAC) Global Capital Markets Head Carnoy Moves To Wealth Management

Boston, MA 04/23/2014 (wallstreetpr)  – Bank of America Corp (NYSE:BAC)’s head of the global capital markets, Lisa Carnoy is moving on to an executive role in the U.S. Trust wealth management unit. Significant Role Carnoy, who turned 46, is one of the highest ranking women in the Wall Street. She started her career as an associate […]

Bank of America Corp (NYSE:BAC): Truth About The $772 Million Settlement

 Boston, MA 04/15/2014 (wallstreetpr) – Bank of America Corp (NYSE:BAC) continues to lose money through settlement of its questionable practices. The latest settlement of $772 million involves the bank’s irregular credit charges and misleading marketing pitches. The settlement comes hot on the heels of a $9.5 billion settlement with the Federal Housing Finance Agency over deceptive […]

Spotted: Supreme Industries, Inc. (NYSEMKT:STS), Summit Midstream Partners LP (NYSE:SMLP), Perma-Fix Environmental Services, Inc. (NASDAQ:PESI)

Boston, MA 04/01/2014 (wallstreetpr) – Supreme Industries, Inc. (NYSEMKT:STS) announced Monday that it has closed the previously disclosed transaction to sell its shuttle bus business to Forest River Inc. The company expects a small gain from the transaction to be recorded in its first quarter ended March 29. Further details about the transaction were not made […]

Bank of America Corp (NYSE:BAC): Rebounding To Stability

Boston, MA 03/28/2014 (wallstreetpr) – The multinational and financial services corporation, Bank of America Corp (NYSE:BAC) is moving through a mixed phase of setbacks and recovery. However, it has emerged strong and the biggest relief came today in the form of recommendation by North Carolina Judge to dismiss the suit against Bank of America, which was […]

Wells Fargo & Co (NYSE:WFC): Safe and Sound Banking

Boston, MA 03/28/2014 (wallstreetpr) – Wells Fargo & Co (NYSE:WFC) stock has smartly recovered from the single digit levels it reached back in March 2009. Compared to its peers in the banking industry — JP Morgan Chase & Co (NYSE:JPM), Citigroup Inc (NYSE:C), and Bank of America Corp (NYSE:BAC) — it also has less litigation worries. […]

Top On The News Friday: Mandalay Digital Group Inc (NASDAQ:MNDL), Roundy’s Inc (NYSE:RNDY), Insmed Incorporated (NASDAQ:INSM)

Boston, MA 03/28/2014 (wallstreetpr) – Mandalay Digital Group Inc (NASDAQ:MNDL), a provider of mobile and wireless content sharing solution for operators, had its stock price adjusted at Merriman Capital Inc. The analysts at the brokerage assigned price target of $10 on the stock, up from $8.5 in the previous view. This upgrade note issued Thursday, came […]

Who Else Is Bullish On Sirius XM Holdings Inc. (NASDAQ:SIRI) Stock – Of Late?

Boston, MA 03/26/2014 (wallstreetpr) – The business of providing satellite radio services is an area in which Sirius XM Holdings Inc. (NASDAQ:SIRI) has carved a niche. But that does not mean that challenges are limited. The company faces competition from online and mostly free music and radio streaming providers like Pandora Media Inc (NYSE:P) and Apple […]

Just Before Your Buy Bank Of America Corp (NYSE:BAC), Here Is Something To Note

Boston, MA 03/25/2014 (wallstreetpr) – Bank Of America Corp (NYSE:BAC) is receiving buy recommendations from left, right and center. And after the company passed stress test, the buy calls have been overwhelming. A closer look at the stock reveals that there is nothing really wrong with the buy recommendations. Yet, investors are wise to buy the […]

Citigroup Inc (NYSE:C): Passes Stress Test With Flying Colors

Boston, MA 03/21/2014 (wallstreetpr) – In what should come as good news for investors, customers as well as financial authorities, 29 out of 30 banks and all four major financial institutions in the U.S. passed the Dodd-Frank Stress Tests administered by the Federal Reserve. All big banks — including Citigroup Inc (NYSE:C) — have adequate capital […]

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