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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 […]

Citigroup Inc (NYSE:C) Closes Gap With JPMorgan Chase & Co. (NYSE:JPM) On Derivative Open Contracts

Boston, MA 09/18/2014 (wallstreetpr) – Diversified financial services provider Citigroup (NYSE:C) seems to be closing the gap with the market leader JPMorgan Chase & Co. (NYSE:JPM) on derivative contracts as Citigroup has been swimming deeper into it. Incidentally, the company was one of the beneficiaries of the government’s bail-out package at the height of the […]

Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) Director Alexander Denner Acquires Shares Indirectly

Boston, MA 08/21/2114 (wallstreetpr) – A global oncology company, Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) Director Alexander Denner had resorted to buying the company shares from the open market indirectly on August 15. The acquisition of shares was done for Sarissa Capital for two of its funds. Interestingly, the move comes in the wake of a Sell […]

Shareholder Takeaway: NRG Energy Inc (NYSE:NRG), Alliant Energy Corporation (NYSE:LNT), Western Gas Equity Partners LP (NYSE:WGP)

Boston, MA 04/01/2014 (wallstreetpr) – NRG Energy Inc (NYSE:NRG) has announced the acquisition of a residential solar company. The company announced in a statement that it inked a deal with the New Jersey-based Roof Diagnostics Solar (RDS), in a move aimed at complementing its network of solar installers. Thus, NRG hopes that it will be able […]

Trader Alert: Apollo Investment Corp. (NASDAQ:AINV), General Electric Company (NYSE:GE), RF Micro Devices, Inc. (NASDAQ:RFMD)

Boston, MA 02/26/2014 (wallstreetpr) – Apollo Investment Corp. (NASDAQ:AINV) is offering underwritten 12 million common stock share, and it has also granted underwriters option to purchase 1.8 million additional common stock shares in the offering. The company said that it has priced the secondary offering but fell short of disclosing the actual price. However, what […]

What’s Behind Verizon Communications Inc. (NYSE:VZ), General Electric Company (NYSE:GE), Apple Inc. (NASDAQ:AAPL)

Boston, MA 01/30/2014 (wallstreetpr) – Verizon Communications Inc. (NYSE:VZ) is adding more fire to its wireless division with the announced exclusive offering of Samsung Galaxy Note 3. The carrier has made it official that it is offering the device on exclusive terms. The device will be available on Verizon Wireless network on a two-year plan […]

Why Wells Fargo & Co (NYSE:WFC) Is Reducing Its Insurance Brokerage Locations

Boston, MA 01/24/2014 (wallstreetpr) – Wells Fargo & Co (NYSE:WFC), the largest U.S. home lender, has announced plans to reduce its insurance brokerage locations by more than 40 percent. In this move, the company is aiming to concentrate on locations with high-growth and bigger clients. Broadly, this is part of the bank’s ongoing consolidation efforts, something […]

JPMorgan Chase & Co. (NYSE:JPM) Getting Troubles Behind It

Boston, MA 01/07/2013 (wallstreetpr) – JPMorgan Chase & Co. (NYSE:JPM) is keen to get the legal changes it its facing behind it as fast as possible. The bank needs a positive image to win in the competitive financial industry. JPM is currently dealing with a lot of legal issues some of which relate to Ponzi ran […]

Wells Fargo & Co (NYSE:WFC) Latest Settlement With Fannie Mae Hit $541 Million

Boston, MA 01/02/2014 (wallstreetpr) – Wells Fargo & Co (NYSE:WFC) has agreed to pay a net settlement of $541 million to Fannie Mae in connection to the defective home loans sold by the bank to the mortgage institution before 2009. Fannie Mae and its smaller sibling Freddie Mac have been asking banks to repurchase the mortgage […]

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