Diversified Investments
(GS) The Goldman Sachs Group – Bear of the Day
We are downgrading our recommendation on The Goldman Sachs Group (GS) to Underperform from Neutral based on expectation of continued lower top-line as in 2011, coupled with the fundamental pressure on the banking sector. Though the company reported profits, increased operating...
23Jan2012 | vitalstocks | 0 comments | Continued(GS) Banking on a Turnaround? – Investment Ideas
Can we really have a rally without the financials? Earnings have been mixed for the financials. Let’s take a deeper look at the players in each segment and see if we can’t come to a consensus as to whether or not a rally can be supported. The Zacks Rank for most of these...
21Jan2012 | vitalstocks | 0 comments | Continued(GS) Earnings Season Hits Full Throttle
Germany paid the lowest interest rate in its history in a two-year bond auction this morning, even as the country lowered its economic growth outlook for 2012. The World Bank also came out with a lowered growth outlook for the global economy this year, but there is hardly anything...
18Jan2012 | vitalstocks | 0 comments | Continued(MS) Morgan Stanley Analyst Maintains Underperform on Shares
We are reiterating our long-term Underperform recommendation on Morgan Stanley (MS). Though the company’s third-quarter results were significantly ahead of the Zacks Consensus Estimate, there are concerns regarding its financials being marred by various new regulatory requirements,...
14Jan2012 | vitalstocks | 0 comments | Continued(MS) Morgan Stanley to Delete Jobs in New York
According to a state filing, Morgan Stanley (MS) intends to lay off 580 workers in New York State due to economic reasons. The company started trimming its workforce since the middle of December on a rolling basis, abide by the Worker Adjustment and Retraining Notification (WARN). The...
31Dec2011 | vitalstocks | 0 comments | Continued(MS) Morgan Stanley Settles MBIA Dispute
In an attempt to strengthen its balance sheet and remove the vestiges of the financial crisis, Morgan Stanley (MS) announced a comprehensive plan to settle its legal fight with MBIA Inc. (MBI). The 2-year-old legal dispute involved conflict over guarantees on commercial mortgage-backed...
15Dec2011 | vitalstocks | 0 comments | Continued(NYX) NYSE Euronext to Close SecFinex
Yesterday, Financial Times reported that NYSE Euronext Inc. (NYX) is mulling the closure of its European securities lending platform unit – SecFinex – in order to merge itself successfully with Frankfurt-based Deutsche Boerse, as proposed earlier this year. Based in London...
14Dec2011 | vitalstocks | 0 comments | Continued(GS) JPMorgan Chase May Repurchase More Shares
While addressing The Goldman Sachs Group Inc. (GS) investor conference on Wednesday, JPMorgan Chase & Co. (JPM) CEO Jamie Dimon stated that the company has the authority to buyback more of its shares. The company made this possible by utilizing less money on dividend payments...
9Dec2011 | vitalstocks | 0 comments | Continued(GS) The Goldman Sachs Group Seeds Hedge Funds
According to the Wall Street Journal, New York based-The Goldman Sachs Group Inc. (GS) has planned to invest in hedge funds. After 2008 financial crisis, Goldman has molded its way of using its capital. The bank has pooled funds of $600 million from its clients, which included...
1Dec2011 | vitalstocks | 0 comments | Continued(CME) A Beginner’s Guide to Commodity Investing
by Carl Delfeld, Investment U Senior Analyst Thursday, November 17, 2011 I’ll never forget my first visit as a teenager to the commodity-trading pit of the Chicago Mercantile Exchange (CME). The swirling bright colored jackets, the shouting and rapid hand signals (looked like...
18Nov2011 | InvestmentU | 0 comments | Continued(MS) Morgan Stanley to Reform Foreclosure Practices
Morgan Stanley (MS) became the second largest bank after The Goldman Sachs Group Inc. (GS) to adopt new foreclosure procedures in an effort to stop unlawful and troublesome foreclosure practices. Morgan Stanley has reached an agreement with the New York’s Department of Financial...
12Nov2011 | vitalstocks | 0 comments | Continued(MS) Oct 19: The Earnings Parade Continues – Economic Highlights
The earnings parade continues even as the market tries to come to terms with the Apple surprise and waits for the expected weekend deal out of Europe. We also have economic data this morning about September CPI and Housing Starts, but they will likely have less traction in today’s...
20Oct2011 | vitalstocks | 0 comments | Continued(MS) Ahead of Wall Street – October 19, 2011 – Ahead of Wall Street
Wednesday, October 19, 2011 The earnings parade continues even as the market tries to come to terms with the Apple surprise and waits for the expected weekend deal out of Europe. We also have economic data this morning about September CPI and Housing Starts, but they will likely...
20Oct2011 | vitalstocks | 0 comments | Continued(GS) The Goldman Sachs Group – Bear of the Day
We are downgrading our recommendation on Goldman Sachs (GS) to Underperform from Neutral based on current general economic conditions and the company’s involvement in a number of lawsuits. Previous quarter earnings results deteriorated, owing to decreased revenue and poor...
18Oct2011 | vitalstocks | 0 comments | Continued(GS) The Goldman Sachs Group to Reduce Cost by Layoffs
According to The New York Times,The Goldman Sachs Group Inc. (GS) is moving ahead with its cost cutting plan. The bank is expected to cut its expenses by $1.45 billion by the end of 2011. The cost containment measures would include significant layoffs and the amount expected...
3Oct2011 | vitalstocks | 0 comments | Continued(NDAQ) NASDAQ OMX Group to Buyback Notes – Refinance
On Tuesday, NASDAQ OMX Group Inc. (NDAQ) announced a cash tender offer for its outstanding 2.5% Convertible Senior Notes due 2013. The company will purchase the notes at a premium of $25 for every note of face value $1000. It will also pay the accrued and unpaid interest up to...
22Sep2011 | vitalstocks | 0 comments | Continued(NYX) NYSE Euronext Allies with Receivables Exchange
In an effort to help companies get short-term funding, yesterday, NYSE Euronext Inc. (NYX) announced the acquisition of a small stake in The Receivables Exchange (TRE). TRE is a leading and first online marketplace in the US for selling debts and other obligations owed by customers,...
20Sep2011 | vitalstocks | 0 comments | Continued(GS) Volcker Rule Extension Risks Jobs?
The controversial Volcker Rule that restricts proprietary trading of U.S. banks may also be enforced on foreign banks with operations in the country, Bloomberg reported on Friday, following communication with four people familiar with the matter. The legislation is part of the...
20Sep2011 | vitalstocks | 0 comments | Continued(NDAQ) NASDAQ OMX Group to Initiate Capital Plan – Share Buyback
Yesterday, Reuters reported that NASDAQ OMX Group Inc. (NDAQ) plans to adopt a new capital plan in the beginning of the fourth quarter of 2011. Accordingly, the company intends to buyback more shares in the coming period, given the sharp price declines in the stock market. The...
19Sep2011 | vitalstocks | 0 comments | Continued(GS) The Goldman Sachs Group Analyst Raises Shares to Neutral
We have upgraded our recommendation on The Goldman Sachs Group Inc. (GS) to Neutral from Underperform based on the company’s cost reduction initiatives and broader outlook for client activity. In July, Goldman reported second-quarter 2011 earnings per share of $1.85, significantly...
15Sep2011 | vitalstocks | 0 comments | Continued(GS) The Goldman Sachs Group Ends Litton Sale
Last week, The Goldman Sachs Group Inc. (GS) completed the sale of Litton Loan Servicing to Ocwen Financial Corp. (OCN) for $264.0 million, after getting approval from federal and New York state regulators. Goldman has been ordered by the Fed to conduct an independent review...
11Sep2011 | vitalstocks | 0 comments | Continued(GS) Goldman Sachs Group Again Entangled in Lawsuit
Yesterday, The Goldman Sachs Group Inc. (GS) was sued by The Allstate Corporation (ALL), the largest publicly traded U.S. home and auto insurer. The complaint lodged claims that Goldman misrepresented documents as an underwriter in the sale of over $123 million in mortgage-backed...
22Aug2011 | vitalstocks | 0 comments | Continued(GS) The Goldman Sachs Group Sued by National Credit Union Administration
On Tuesday,The Goldman Sachs Group Inc. (GS) was sued by National Credit Union Administration (NCUA), the U.S. regulator of credit unions. The complaint lodged claims that Goldman violated federal and state securities laws and misrepresented documents as an underwriter in the...
11Aug2011 | vitalstocks | 0 comments | Continued(MS) Morgan Stanley’s Loss Less Than Expected
Morgan Stanley’s (MS) second-quarter 2011 loss from continuing operations came in at 38 cents per share, substantially better than the Zacks Consensus Estimate of a loss of 63 cents. This represents Morgan Stanley’s first quarterly loss after seven consecutive quarters of...
4Aug2011 | vitalstocks | 0 comments | Continued(GS) The Goldman Sachs Group Lags Estimates
The Goldman Sachs Group Inc.’s (GS) second-quarter 2011 earnings per share of $1.85 were significantly below the Zacks Consensus Estimate of $2.29 per share. Coupled with global macro-economic concerns, the results deteriorated driven by a decrease in revenue and poor performance...
3Aug2011 | vitalstocks | 0 comments | Continued(MS) Morgan Stanley Analyst Downgrades Shares
We are downgrading our recommendation on Morgan Stanley (MS) to Underperform based on its weak second quarter results, lesser possibility of capital deployment and the expected adverse impact of regulatory restrictions. The MUFG preferred stock conversion resulted in 38 cents...
3Aug2011 | vitalstocks | 0 comments | Continued(ACAS) American Capital Reports Quarterly Earnings In Line
American Capital Ltd.’s (ACAS) second-quarter 2011 operating income of 20 cents per share was in line with the Zacks Consensus Estimate. However, results outpaced the prior-year quarter’s earnings of 9 cents per share. The favorable outcome was due to a drop in operating...
3Aug2011 | vitalstocks | 0 comments | Continued(GS) Goldman Sachs Group 2011 Second Quarter Earnings Preview
The Goldman Sachs Group Inc. (GS) is scheduled to report its second-quarter 2011 results before the opening bell on Tuesday, July 19. The Zacks Consensus Estimate for the second quarter is $2.42 per share, representing a decline of about 12% from the year-ago quarter. We expect...
16Jul2011 | vitalstocks | 0 comments | Continued(ACAS) American Capital Analyst Stays Neutral on Shares
We maintain our Neutral recommendation on American Capital Ltd. (ACAS) as first-quarter 2011 earnings outpaced the Zacks Consensus Estimate. The results were also ahead of the prior-year quarter’s earnings. In May, American Capital reported first-quarter 2011 operating earnings...
8Jul2011 | vitalstocks | 0 comments | Continued(MS) Merck KGaA Seeks Rebif Extension
Merck KGaA (MKGAF) recently filed a marketing application with the European Medicines Agency (EMA) in its endeavor to expand the label of Rebif, its multiple sclerosis (MS) therapy. The company is seeking approval for Rebif to treat patients who have experienced a single demyelinating...
7Jul2011 | vitalstocks | 0 comments | Continued