HALISTER: Biggest U.S. Banks Fight Back Against Fed’s Too-Big-to-Fail Plan

Biggest U.S. Banks Fight Back Against Fed’s Too-Big-to-Fail Plan

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
BAC US (Bank of America Corp)
C US (Citigroup Inc)
WFC US (Wells Fargo & Co)
BK US (Bank of New York Mellon Corp/The)
GS US (Goldman Sachs Group Inc/The)

People
Gregory Baer (Clearing House Association LLC/The)
Janet Yellen (Federal Reserve System)

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UUID: 7947283

HALISTER1: Utilities Sector ‘Significantly Overvalued,’ Bernstein Says

Utilities Sector ‘Significantly Overvalued,’ Bernstein Says

(Bloomberg) -- U.S. regulated utilities now “significantly overvalued,” Bernstein analyst Hugh Wynne writes in note, citing preferred sector valuation models.
  • Historical relationship between regulated utilities’ forward earnings yield and yield on Moody’s corporate Baa index indicates group now 11% overvalued
  • Investors should underweight regulated utilities if they expect sharp selloff in U.S. equities to have ended and equity market volatility likely to subside
  • Ratings: Outperform on DUK, EIX, PCG; Market perform AEP, D, EXC, FE, NEE
  • NOTE: Earlier, Oppenheimer technical analyst reversed downbeat call on utilities, upgrading sector to market weight; MKM recommended buying water utilities
  • NOTE: Feb. 16, Morgan Stanley strategist upgraded utilities sector to overweight to hedge interest rate bet in financials
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
EIX US (Edison International)
DUK US (Duke Energy Corp)
PCG US (PG&E Corp)

People
Hugh Wynne (Sanford C Bernstein & Co Inc)

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UUID: 7947283

HALISTER: How January’s Stock Rout Could Make Wall Street CEOs Even Richer

How January’s Stock Rout Could Make Wall Street CEOs Even Richer

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
JPM US (JPMorgan Chase & Co)
WFC US (Wells Fargo & Co)
C US (Citigroup Inc)

People
Alan H Johnson (Wachovia Securities Inc)
Alan Johnson (Johnson Associates Inc)
Brian Moynihan (Bank of America Corp)
James Dimon (JPMorgan Chase & Co)
James Forese (Citigroup Inc)

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UUID: 7947283

HALISTER: Ford Wants to Be Like Apple as Carmakers Target Tech Buyers (1)

Ford Wants to Be Like Apple as Carmakers Target Tech Buyers (1)

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
AAPL US (Apple Inc)
F US (Ford Motor Co)
VOW GR (Volkswagen AG)

People
Lewis Hamilton (Mercedes Amg Petronas)
Mark Fields (Ford Motor Co)
Richard Viereckl (Management Engineers Gmbh)
Thilo Koslowski (Gartner Inc)

Topics
BGOV Tech/Telecomm
BGOV Trans/Infrastructure
Formula 1

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UUID: 7947283

HALISTER: HSBC CEO Takes Pay Cut as Share of Millionaires Rises (Correct)

HSBC CEO Takes Pay Cut as Share of Millionaires Rises (Correct)

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
HSBA LN (HSBC Holdings PLC)

People
Stuart Gulliver (Hongkong & Shanghai Banking Corp Ltd/The)
Douglas Flint (HSBC Holdings PLC)
Iain MacKay (HSBC Holdings PLC)

Topics
Who's News - People

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UUID: 7947283