Diversified Banks

Bank Of Montreal Files For $15B Mixed Securities Securities Offering (NYSE: BMO)

SunRun , the nation's leading home solar company, today announced it received an additional commitment of tax equity from a subsidiary of U.S. Bancorp (NYSE: USB) to support the purchase of $200 million in residential solar systems.  This commitment is U.S. Bancorp's largest renewable energy tax...

Stockholders of Wells Fargo & Company (NYSE: WFC) yesterday elected 14 nominees to the Company's board of directors and ratified the appointment of KPMG LLP as the Company's independent auditors for 2011. Stockholders also approved the 2010 compensation of the Company's executives named in its...

The large financial stocks have been under pressure since early April 2010 when the leading bank stocks reported earnings. This morning the major stock indexes are struggling to stay positive, however, it is the large financial stocks that are showing some intra-day strength and are actually...

Below are the top mid-cap money center banks stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Credicorp Ltd (NYSE: BAP) is 22.36%. BAP's operating margin for the same period is 42.62%. The trailing-twelve-month return on equity at First...

Bloomberg reports that Lehman lost an $11 billion `windfall' suit against Barclays (NYSE: BCS).

J.P. Morgan raises the EPS estimate on Wells Fargo (NYSE: WFC) 4 cents to $2.72 to reflect faster improvements in credit quality. J.P. Morgan said Wells Fargo's stock was hurt with 1Q results as reported EPS included 5 cent tax benefit but still met consensus. J.P. Morgan writes, "Our revised...

WPX Energy files $750M IPO and applies to list on NYSE under 'WPX'. The IPO will be led by Barclays (NYSE: BCS), Citi (NYSE: C), JPMorgan (NYSE: JPM). WPX Energy expects to issue up to $1.5B notes in a private offer. The class B stock will be held by the Williams Companies.

Barclays (NYSE: BCS) Must Pay $1.8B Plus Interest, Lehman Brokerage Says, Reported By Bloomberg

According to the Reuters report, the European Union is probing major banks all around the world over credit default swaps, and has opened two antitrust investigations on the matter. The European Commission said today it would investigate whether 16 investment banks and CDS market information...

The Lehman trustee opposes Barclays (NYSE: BCS) claim to $3.5B in assets.

IMAX Corporation (NYSE: IMAX) today announced it has received a commitment letter from Wells Fargo Capital Finance Corporation Canada part of Wells Fargo & Company (NYSE: WFC), pursuant to which Wells Fargo Capital Finance has agreed to expand its senior secured credit facility to up to $110...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Medtronic (NYSE: MDT): is “not an exciting stock. I like St Jude Medical (NYSE: STJ). I don't see any catalyst. I think Abbott Laboratories (NYSE: ABT) is better, too." He said that Monro Muffler (NASDAQ: MNRO) “does not belong...

The main figures obtained by Bradesco (NYSE: BBD) in the first quarter of 2011 are presented below: Adjusted Net Income(1) in the first quarter of 2011 was R$2.738 billion (an increase of 27.5% compared to R$2.147 billion in the same period of 2010), corresponding to earnings per share of R$2.72...

House Speaker John Boehner (R-OH) said he would consider cutting multi-billion dollar subsidies to oil companies, such as Exxon Mobil (NYSE: XOM) and Conoco Phillips (NYSE: COP). This could save $45 billion over 10 years. Greece's budget deficit in 2010 was 10.5% of GDP, much greater than...