$GDOT (Green Dot Corporation)

$GDOT {{ '2016-04-11T13:24:43+0000' | timeago}} • Announcement

Financial technology company $GDOT said it will purchase a total of $50MM of its Class A common stock under an accelerated stock repurchase transaction. Under the agreement, $GDOT will receive an initial delivery of approx. 1.9MM shares.

$STBA {{ '2017-10-17T22:35:28+0000' | timeago}} • Announcement

$STBA declared a $0.22 per share cash dividend, which is an increase of 10%, or $0.02 per share, compared to the prior-quarter dividend of $0.20 per share. The annualized yield is 2.1%. The dividend is payable November 16, 2017 to shareholders of record on November 2, 2017.

$BAC {{ '2017-10-13T19:10:55+0000' | timeago}} • Webcast

$BAC said it did not see a spike in loan defaults in 3Q17, unlike rivals such as $JPM and $C. However, the Charlotte, North Carolina- based company said it increased its provision for loan losses in the consumer banking segment by $269MM, keeping in mind the impact of hurricanes during the quarter.

$BAC {{ '2017-10-13T18:32:39+0000' | timeago}} • Webcast

Responding to a question whether $BAC would be able to hold the reins on costs in its Global Wealth and Investment Management business, the company said higher expenses are always attached to wealth management fee generation. In 3Q17, efficiency ratio for Wealth Management unit stood at 73%, much higher than Commercial Banking and Consumer units.

$BAC {{ '2017-10-13T18:07:59+0000' | timeago}} • Webcast

As part of its cost-cutting initiative, $BAC said it reduced workforce by 0.5% or 1,065 workers in 3Q17. The banking behemoth has cut over 80,000 jobs since CEO Brian Moynihan announced the initiative in 2011. Bank of America said it doesn't expect to see any more huge job cuts in the near future.

$BAC {{ '2017-10-13T13:15:17+0000' | timeago}} • Infographic

$BAC Bank of America Earnings AlphaGraphic: Q3 2017 Highlights

$BAC {{ '2017-10-13T12:14:49+0000' | timeago}} • Announcement

In 3Q17, $BAC witnessed revenue growth in three of its four segments. Revenue from its largest segment, Consumer Banking, increased 10%, while that from Global Wealth and Investment Management rose 6%. Global Banking segment revenue rose 5%, but revenue from Global Markets fell 11% during the quarter.

$BAC {{ '2017-10-13T12:07:34+0000' | timeago}} • Announcement

$BAC said its loans in 3Q17 totaled $927.1MM, while deposits came in at $1.284 trillion. Meanwhile, driven by higher commercial losses, $BAC's net charge-offs rose by $12Bil YoY to $900MM.

$BAC {{ '2017-10-13T12:02:32+0000' | timeago}} • Announcement

$BAC, the second largest US bank by assets, said sales and trading revenue fell 13% to $3.1Bil in 3Q17 due to unfavorable market conditions and lower volatility in rates products. Fixed-income trading revenue fell 22% to $2.15Bil. Earlier, rivals $C and $JPM had also reported 16% and 27% declines respectively in their fixed-income trading revenues.

$BAC {{ '2017-10-13T11:53:40+0000' | timeago}} • Announcement

In spite of weak bond trading business, $BAC reported 13% jump in net income in 3Q17 to $5.6Bil, or $0.48 per share. Meanwhile, riding on a 9% climb in Net Interest Income during the quarter, the banking giant managed to modestly lift its revenue up 1% to $22.08Bil.

$MCO {{ '2017-10-12T14:47:43+0000' | timeago}} • Announcement

$MCO made a strategic, minority investment in SecurityScorecard, a provider of cybersecurity ratings. The investment was funded through US cash and will not have a material impact on $MCO’s 2017 results.

$XL {{ '2017-10-11T20:46:20+0000' | timeago}} • Announcement

$XL announced its preliminary estimate of net losses of approx. $1.33Bil relating to Hurricanes Harvey, Irma and Maria. For 3Q17, total catastrophe losses including smaller loss events are preliminarily estimated at approx. $1.48Bil. On an after-tax basis, the preliminary estimate of total catastrophe net losses for 3Q17 is approx. $1.35Bil.

$CGI {{ '2017-10-10T14:21:38+0000' | timeago}} • Announcement

$CGI appointed Kathleen Ross to its BoD. The board has determined that Ross is an independent director under NYSE Rule. Ross retired from $BAC in September 2016, where she served as a SVP in the bank's transportation and logistics group since 2008.

$BAC {{ '2017-10-04T22:35:34+0000' | timeago}} • Announcement

$BAC announced that the 68th US Secretary of State, John F. Kerry, has joined the bank’s Global Advisory Council as Chairman. Secretary Kerry, a former US senator from Massachusetts, is currently Distinguished Fellow for Global Affairs at Yale University and Visiting Distinguished Statesman at the Carnegie Endowment for International Peace.

$WD {{ '2017-10-04T14:28:33+0000' | timeago}} • Announcement

$WD hired Telly Fathaly as a managing director of Walker & Dunlop Investment Sales (WDIS). Fathaly will be initiating the company's investment sales presence in Nashville, Tennessee. Prior to joining $WD, he served as a senior director in Cushman & Wakefield's Equity, Debt and Structured Finance group.

$XL {{ '2017-10-02T17:46:51+0000' | timeago}} • Announcement

XL Catlin's internal innovation team Accelerate said it is working with Cytora, a UK-based Insurtech start-up that uses AI and open source data to improve the way insurers quantify, select and price risk. $XL's XL Catlin will use Cytora's expertise in sourcing and analysing data from multiple sources and combining to create new insights into risk.

$ICE {{ '2017-10-02T13:52:59+0000' | timeago}} • Announcement

$ICE announced monthly notional value cleared for credit default swaps (CDS) in September, with over $1.75 trillion in gross notional and a daily record of over $450Bil cleared on September 20.

$MCO {{ '2017-10-02T13:27:28+0000' | timeago}} • Announcement

$MCO appointed Stephen Maire as VP, Investor Relations. He will lead outreach to Moody's current and prospective shareholders and manage Moody's Investor Relations team. Maire will also lead Moody’s Global Communications team.

$WEX {{ '2017-09-26T12:08:46+0000' | timeago}} • Announcement

$WEX's BoD authorized a share repurchase program under which up to $150MM worth of its common stock may be repurchased. Repurchases may be made from time to time until Sept. 30, 2021 through open market purchases, privately negotiated transactions, block trades or otherwise.

$MCO {{ '2017-09-25T11:46:31+0000' | timeago}} • Announcement

$MCO appointed Melanie Hughes as Chief Human Resources Officer. In this role, Hughes will lead Moody’s global human resources function including recruiting, talent management, organizational development and training to support the company's operations and growth.

$ICE {{ '2017-09-20T22:33:44+0000' | timeago}} • Announcement

$ICE said the American Depositary Shares of BEST Inc., a Chinese supply chain technology firm, began trading on the New York Stock Exchange under the ticker symbol BSTI. The company raised $450MM in gross proceeds and is the largest US IPO of a Chinese firm YTD. GTS is the NYSE Designated Market Maker (DMM) for the company’s shares.

Recent Transcripts

BAC (Bank of America Corporation)
Friday, October 13 2017 - 12:30pm
GDOT (Green Dot Corporation)
Tuesday, August 8 2017 - 9:00pm
FDC (First Data Corporation)
Monday, August 7 2017 - 12:00pm
FLT (FleetCor Technologies, Inc.)
Thursday, August 3 2017 - 9:00pm
WRLD (World Acceptance Corp.)
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NSM (Nationstar Mortgage Holdings Inc.)
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ICE (Intercontinental Exchange, Inc.)
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PFSI (PennyMac Financial Services, Inc.)
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CSGS (CSG Systems International Inc.)
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WD (Walker & Dunlop, Inc.)
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RM (Regional Management Corp.)
Tuesday, August 1 2017 - 9:00pm
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Friday, July 28 2017 - 1:00pm
WEX (WEX Inc.)
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ACIW (ACI Worldwide, Inc.)
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SPGI (S&P Global Inc.)
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