Wells Fargo & Co (NYSE:WFC) Loses Its Appeal Against FHA Lawsuit

Boston, MA 06/13/2014 (wallstreetpr) – Wells Fargo & Co (NYSE:WFC), recently lost its appeal filed in the United States District court of Appeals, against the Federal Housing Administration, which accused fraud by one of the biggest mortgage lenders of the U.S. This is a positive win for the U.S. government in its cases relating to […]

JP Morgan Chase & Co. (NYSE:JPM) Facing Lawsuit Over London Whale Scandal

Boston, MA 04/01/2014 (wallstreetpr)  – It seems that JP Morgan Chase & Co. (NYSE:JPM) has to face a lawsuit from its shareholders who have accused it of securities fraud. This apparently happened when the company lost $6.2 billion due to the “London Whale” scandal. It is said the company mislead its shareholders during this time, […]

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. […]

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 […]

Wells Fargo & Co (NYSE:WFC) Is Ready To Roar

Boston, MA 03/10/2014 (wallstreetpr) – Wells Fargo & Co (NYSE:WFC) is back from the financial crisis of 2008 and stronger than ever. While all its banking peers have left the worst of the crisis behind them, Wells Fargo has been left particularly unscathed. JP Morgan Chase & Co (NYSE:JPM), Citigroup Inc (NYSE:C), and Bank of America […]

Hot Stocks: Plug Power Inc. (NASADAQ:PLUG), JPMorgan Chase & Co (NYSE:JPM) & Rite Aid Corporation (NYSE:RAD)

Boston, MA 02/17/2014 (wallstreetpr) – Plug Power Inc. (NASADAQ:PLUG) banking on GenKey order for turnaround Plug Power Inc. (NASADAQ:PLUG) was up in the market by +20.6% immediately after news came out it had received a significant GenKey contract to roll out its hydrogen fuel cell into North America six major centers. The company has never reported […]

JP Morgan Chase & Co. (NYSE:JPM) Doubles Earnings Estimates On Alcoa Inc (NYSE:AA)

Boston, MA 01/23/2014 (wallstreetpr) – Alcoa Inc (NYSE:AA) surged up its highest in the last three months after JP Morgan Chase & Co. (NYSE:JPM) increased its earnings estimates. The bank raised its full year earnings projections by almost twice for the largest U.S. aluminum manufacturer, as expectations suggested a tougher supply for the metal on […]

Israeli company sees increase in orders – RDWR, BAC & JPM

Boston, MA 02/12/2013 (wallstreetpr) – Growth in sales of Radware Ltd.(NASDAQ:RDWR); the Israeli company providing security software to banks, may finally see an upward trend with increasing cyber crimes against the U.S. financial institutions such as Bank of America Corp.(NYSE:BAC) and JP Morgan Chase & Co.(NYSE:JPM) The company’s Chief Executive Officer, Roy Zisapel said, “Banks […]