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  • 01/17/2018 14:27:31

    BRIEF-Suncoke Energy To Finance Part Of Repayment Of Outstanding Notes Due 2019

    Suncoke Energy Inc(SXC): * SUNCOKE ENERGY - TO FINANCE PART OF REPAYMENT OF OUTSTANDING NOTES DUE 2019,TO PAY RELATED FEES, CO INCURRED INCREMENTAL TERM LOAN IN AMOUNT $45 MILLION. * SUNCOKE ENERGY - TO EVIDENCE EXISTENCE, CERTAIN TERMS OF INCREMENTAL TERM LOAN, CO ENTERED FIRST AMENDMENT TO CREDIT AGREEMENT WITH BANK OF AMERICA.

  • 01/17/2018 14:01:08

    Dow ends above 26,000 for first time as stocks rally broadly

    U.S. stocks closed higher on Wednesday, with major indexes ending at records and the Dow closing above 26,000 for the first time as equities jumped in a broad advance. The Dow Jones Industrial Average rose 324 points, or 1.3%, to 26,117. The S&P 500 advanced 26 points, or 0.9%, to 2,803. The Nasdaq Composite Index closed up by 75 points, or 1%, to 7,298. All three closed at records. The day's gains were broad, with all 11 of the S&P 500's primary sectors ending higher, although technology shares were the biggest gainers of the day, up 1.5%. Positive sentiment was supported after the Beige Book from the Federal Reserve portrayed an economy that is steadily growing, although opinion on the latest tax reform was mixed. Among the day's most active movers, both Bank of America and Goldman Sachs fell after reporting their quarterly results. Bank of America lost 0.2% while Goldman lost 1.9%. On the upside, International Business Machines Corp. rose 2.8% after Barclays upgraded the stock to overweight from underweight.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/17/2018 14:00:00

    Dow surges 300 points, closes above 26,000 for first time

    The Dow closed above 26,000 for the first time in its history, as bank earnings, Boeing and IBM drove the blue-chip index higher Wednesday.

  • 01/15/2018 12:49:35

    Citi to boost pay for women and minorities, closing gaps in the U.S., UK, and Germany

    Banking giant's move to close pay gaps in the U.S., UK and Germany makes Citi the first major bank to respond to shareholder pressure on the issue        

  • 01/04/2018 14:01:46

    Dow closes above 25,000 for first time, as equity benchmarks rattle off fresh round of records

    U.S. stocks recorded their third consecutive day of gains on Thursday, as the Dow Jones Industrial Average closed above the psychologically important 25,000 mark for the first time in history. Meanwhile, the S&P 500 and Nasdaq Composite hit records for the first three trading days of the year for the first time since 1964 and 1999, respectively. Sentiment remained upbeat on the back of supportive ADP payroll data, as well as a rise in commodity prices. In individual stocks, CVS Health Corp rose 2.6% after issuing its 2018 guidance. Financials were up across the board , with JPMorgan Chase & Co. rising 1.4%, Bank of America Corp. up 1.3% and Wells Fargo & Co. 1.3% higher. Among the days losers was Walgreens Boots Alliance Inc. , which fell 5.1% despite better-than-expected earnings.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/02/2018 19:27:58

    American Airlines joins Southwest in giving $1,000 bonuses to workers after tax overhaul

    American Airlines Group said Tuesday it would give every employee a $1,000 bonus in the wake of the recent U.S. tax overhaul. "We believe it is the right thing to do for our team, which ultimately benefits our shareholders too," American CEO Doug Parker and President Robert Isom said in a joint statement. The company said the bonuses will come in the first quarter of 2018 and total about $130 million. Earlier Tuesday, Southwest Airlines also said it would give $1,000 bonuses to its employees, and last week, major companies such as Bank of America, Wells Fargo and Comcast Corp. announced similar plans.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 12/29/2017 12:48:33

    Goldman warns of $5-billion earnings hit from U.S. tax law

    (Reuters) - Goldman Sachs Group Inc said on Friday it would take a $5 billion earnings hit in the fourth quarter for the new U.S. tax law, becoming the first major U.S. bank to detail the law's one-time impact on corporate profits held overseas.

  • 12/29/2017 12:46:44

    UPDATE 4-Goldman warns of $5-bln earnings hit from U.S. tax law

    Dec 29 (Reuters) - Goldman Sachs Group Inc said on Friday it would take a $5 billion earnings hit in the fourth quarter for the new U.S. tax law, becoming the first major U.S. bank to detail the law's one-time impact on corporate profits held overseas.

  • 12/18/2017 09:59:14

    BRIEF-First Citizens Bank, HomeBancorp Announce Merger Agreement

    * FIRST CITIZENS BANK AND HOMEBANCORP, INC. ANNOUNCE MERGER AGREEMENT

  • 12/12/2017 16:11:15

    BRIEF-Heartland Financial USA Announces Plan To Acquire First Bank Lubbock Bancshares In Texas

    Heartland Financial USA Inc(HTLF): * HEARTLAND FINANCIAL USA(HTLF), INC. ANNOUNCES PLAN TO ACQUIRE FIRST BANK LUBBOCK BANCSHARES, INC. IN TEXAS. * Heartland Financial USA Inc(HTLF) - FBLB COMMON SHAREHOLDERS WILL RECEIVE 3.0934 SHARES OF HEARTLAND COMMON STOCK FOR EACH SHARE OF FBLB COMMON STOCK. * Heartland Financial USA Inc (HTLF) - STOCK AND CASH TRANSACTION IS VALUED AT APPROXIMATELY $185.6 MILLION.

  • 12/04/2017 14:36:11

    BRIEF-First Financial And Mainsource Announce Shareholder Approval Of Merger

    First Financial Bancorp(FFBC): * FIRST FINANCIAL AND MAINSOURCE ANNOUNCE SHAREHOLDER APPROVAL OF MERGER. * MAINSOURCE FINANCIAL GROUP INC(MSFG) - UPON CLOSING OF MERGER, BANKING SUBSIDIARIES OF EACH WILL ALSO MERGE, WITH FIRST FINANCIAL BANK AS SURVIVING ENTITY Source text for Eikon: Further company coverage:

  • 11/28/2017 14:33:38

    Wells Fargo to stop selling personal insurance

    Wells Fargo & Co. said late Tuesday it will stop providing personal-insurance products by early next year, in keeping with its goal to simplify and streamline its product lineup. The bank, which has offered auto, homeowners, renters and umbrella personal insurance products since 2003, said it will wind down operations "in a measured and responsible way" for existing customers and it expects to complete the exit in the first quarter. The personal insurance business is the last remaining insurance brokerage agency in Wells Fargo's portfolio, and its financial contribution was not material to the company, the bank said in a statement. The decision does not impact Wells Fargo's Wealth and Investment Management's life insurance practice, it said. Shares of Wells Fargo fell 0.2% in late trading Tuesday after ending the regular session up 3%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/28/2017 14:05:04

    S&P 500, Dow and Nasdaq close at records

    U.S. stocks closed sharply higher with all three main indexes ending at all-time highs. Investors focused on upbeat economic data and welcomed incoming Federal Reserve Chairman Jerome Powell's comments that he wouldn't make drastic changes to central bank policy. News that the Republican tax bill moved forward in the Senate also boosted confidence. Earlier, investors shrugged off jitters sparked by North Korea testing a missile for the first time since September. The S&P 500 closed 25.62 points, or 1%, higher at 2,627.04. The Dow Jones Industrial Average jumped 255.93 points, or 1.1%, to 23,836.71. The tech-heavy Nasdaq Composite index advanced 33.84 points, or 0.5%, to 6,912.36. Among the best performers on Wall Street were financials. Shares of Bank of America Corp jumped nearly 4%, while J.P.Morgan Chase & Co rallied 3.5%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/28/2017 12:07:40

    BRIEF-Bridgeline Digital Signed Amendment To Loan & Security Modification Agreement

    Bridgeline Digital Inc(BLIN): * SAYS CO SIGNED AMENDMENT TO LOAN & SECURITY MODIFICATION AGREEMENT MODIFYING LOAN & SECURITY AGREEMENT WITH HERITAGE BANK OF COMMERCE​. * SAYS ‍INCLUDED IN AMENDMENT IS PERFORMANCE TO PLAN METRICS FOR LAST QUARTER OF FISCAL 2017 & FIRST 2 QTRS OF FISCAL 2018 - SEC FILING​. * SAYS CO & BANK AGREE UPON MINIMUM QTRLY ADJUSTED EBITDA AMOUNTS FOR EACH FISCAL YEAR WITH...

  • 11/20/2017 11:33:50

    Zions Bancorp seeks to shed 'systemically important' tag

    Zions Bancorp(ZION) on Monday said it would become the first bank to attempt to shake off its "systemically important" regulatory label, which carries with it heightened oversight and capital requirements. Salt Lake City, Utah-based Zions announced plans to simplify its corporate structure by merging the parent company into its banking business.

  • 11/20/2017 11:33:36

    UPDATE 2-Zions Bancorp seeks to shed 'systemically important' tag

    Nov 20 (Reuters) - Zions Bancorp on Monday said it would become the first bank to attempt to shake off its "systemically important" regulatory label, which carries with it heightened oversight and capital requirements.

  • 11/17/2017 14:35:55

    BRIEF-First Horizon and Capital Bank agree to sell 2 branches to Apex Bank

    * First Horizon and Capital Bank agree to sell 2 branches to Apex Bank Source text for Eikon: Further company coverage:

  • 11/09/2017 11:34:33

    BRIEF-Community Financial Corporation receives regulatory approvals to buy County First Bank

    Community Financial Corp(TCFC): * The Community Financial Corporation(TCFC) receives regulatory approvals for acquisition of County First Bank (CUMD). * Says received approvals from Federal Deposit Insurance Corp, Maryland Office Of Commissioner Of Financial Regulation to complete deal​ Source text for Eikon: Further company coverage:

  • 11/02/2017 09:27:01

    Bank of England sees only gentle rate rises ahead after historic hike

    LONDON (Reuters) - The Bank of England raised interest rates for the first time in more than 10 years on Thursday, but sterling slid after the central bank said it expected only "very gradual" further increases as Britain prepares to leave the European Union.

  • 11/02/2017 06:03:16

    First UK interest rate rise in 10 years

    UK interest rates rise for first time in 10 years from 0.25% to 0.5%, Bank of England announces

  • 10/30/2017 15:01:29

    BRIEF-First Bank reports Q3 earnings per share $0.16

    * First Bank reports third quarter 2017 net income of $2.5 million, an increase of 38 pct compared to 2016

  • 10/30/2017 15:00:00

    U.S. Fed approves bid by First Horizon to buy Capital Bank

    WASHINGTON, Oct 30 (Reuters) - The Federal Reserve announced on Monday it had approved a bid by First Horizon National Corporation to acquire Capital Bank Financial Corp of Charlotte, as the regional bank looks to expand its presence in the U.S. southeast.

  • 10/23/2017 14:39:21

    BRIEF-First Republic Bank announces common stock offering

    First Republic Bank(FRC)- * First Republic Bank(FRC) announces common stock offering. * First Republic Bank (FRC) - ‍agreed to sell 2 million shares of its common stock in an underwritten public offering​ Source text for Eikon: Further company coverage:

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