Diversified Investments

(GS) The Goldman Sachs Group to Invest in Japan

The Goldman Sachs Group, Inc. (GS) intends to invest about 50 billion yen ($487 million) in renewable energy in Japan in the next 5 years. The investment banking major plans to effectively exploit the demand for electricity generated...

20Aug2013 | | Comments Off on (GS) The Goldman Sachs Group to Invest in Japan | Continued

(GS) The Goldman Sachs Group to Buy Keppel REIT Stake

The Goldman Sachs Group, Inc. (GS) announced its intention to buy a 6.7% stake in Keppel REIT from a subsidiary of Keppel Corporation (KPELY) for S$279.9 million ($223...

23Jul2013 | | Comments Off on (GS) The Goldman Sachs Group to Buy Keppel REIT Stake | Continued

(MS) Morgan Stanley Lowered to Neutral

On May 9, we downgraded our long-term recommendation on major global bank Morgan Stanley (MS), to Neutral from Outperform. The recommendation was lowered to reflect the persistently high operating expenses that the company continues...

22Jun2013 | | Comments Off on (MS) Morgan Stanley Lowered to Neutral | Continued

(GS) Goldman Sachs Group Sees Lawsuit From ACA Financial Guaranty Dismissed

The Goldman Sachs Group, Inc. (GS) won the dismissal of a lawsuit filed by ACA Financial Guaranty related to Abacus – a collateralized debt obligation (CDO). The plaintiffs had accused the company of colluding with Paulson & Co....

7Jun2013 | | Comments Off on (GS) Goldman Sachs Group Sees Lawsuit From ACA Financial Guaranty Dismissed | Continued

(CRT) Data on Merck KGaA’s L-BLP25

Merck KGaA (<a href=”http://www.stockbloghub.com/tag/MKGAF “>MKGAF )  recently presented detailed results on its oncology candidate L-BLP25, from the phase III study, START (Stimulating Targeted...

23May2013 | | Comments Off on (CRT) Data on Merck KGaA’s L-BLP25 | Continued

(ACAS) American Capital’s Earnings and Revenues Lag

American Capital Ltd. (ACAS) reported first-quarter 2013 operating income of 14 cents per share, lagging the Zacks Consensus Estimate by 14 cents. Moreover, the results compared unfavorably with the prior quarter’s earnings of 26...

16May2013 | | Comments Off on (ACAS) American Capital’s Earnings and Revenues Lag | Continued

(GS) The Goldman Sachs Group Wraps Up Global Atlantic

The Goldman Sachs Group, Inc. (GS) has completed the private offering of shares of Global Atlantic Financial Group, formerly known as the Goldman Sachs Reinsurance Group. Goldman retains a minority stake of approximately 25% in the...

4May2013 | | Comments Off on (GS) The Goldman Sachs Group Wraps Up Global Atlantic | Continued

(MS) Morgan Stanley Beats on Earnings and Revenues

Morgan Stanley’s (MS) first-quarter 2013 adjusted earnings from continuing operations of 61 cents per share outpaced the Zacks Consensus Estimate by a nickel. However, this compared unfavorably with prior-year quarter earnings of...

21Apr2013 | | Comments Off on (MS) Morgan Stanley Beats on Earnings and Revenues | Continued

(GS) Is Goldman Sachs Group’s Blankfein’s Huge Pay Hike Justified?

The Goldman Sachs Group, Inc. (GS) CEO Lloyd Blankfein received a massive pay raise of nearly 75% in 2012, as per a latest SEC filing by the bank. However, the hike in compensation, which will bring Blankfein’s salary to $21 million,...

21Apr2013 | | Comments Off on (GS) Is Goldman Sachs Group’s Blankfein’s Huge Pay Hike Justified? | Continued

(GS) Goldman Sachs Group Earns Favorable Ruling

Recently, The Goldman Sachs Group, Inc. (GS) won the dismissal of a lawsuit filed by Capmark Financial Group Inc. (CPMK), which alleged that the U.S. banking major...

18Apr2013 | | Comments Off on (GS) Goldman Sachs Group Earns Favorable Ruling | Continued

(NDAQ) Nasdaq OMX Group Analyst Maintains Neutral on Shares

On Apr 9, 2013, we reiterated our Neutral recommendation on Nasdaq OMX Group Inc. (NDAQ) based on its diversified growth strategy and expense management, which is partially offset by higher debt concerns and market competition.

Why...

18Apr2013 | | Comments Off on (NDAQ) Nasdaq OMX Group Analyst Maintains Neutral on Shares | Continued

(CME) CME Group Dips to Underperform

On Feb 27, we downgraded derivative exchange CME Group Inc. (CME) to Underperform based on its weak top-line growth over the last several quarters.

Why the Downgrade?

Estimates for CME Group have witnessed...

4Mar2013 | | Comments Off on (CME) CME Group Dips to Underperform | Continued

(GS) Japanese Banks Invest in Solar Business

According to a Bloomberg report, following the footsteps of the U.S. banking major The Goldman Sachs Group, Inc. (GS), some of Japan’s key banks are coming up with investments in the country’s domestic solar power industry. Among...

26Feb2013 | | Comments Off on (GS) Japanese Banks Invest in Solar Business | Continued

(MS) Morgan Stanley to Cut 1,600 Jobs

On Wednesday, Morgan Stanley (MS) became the latest Wall Street biggie to announce job cuts. Starting this week, it is planning to retrench 1,600 workers. However, the news does not come as a surprise since many other global banks have...

16Jan2013 | | Comments Off on (MS) Morgan Stanley to Cut 1,600 Jobs | Continued

(NYX) NYSE Euronext – Bear of the Day

NYSE Euronext’s (NYX) third quarter earnings breezed past the Zacks Consensus Estimate but plunged year over year based on weak volumes and pricing across trading venues, which led to a reduced top line and lower operating margin. However,...

8Jan2013 | | Comments Off on (NYX) NYSE Euronext – Bear of the Day | Continued

(NYX) NYSE Euronext-IntercontinentalExchange Merger Earns Concern from Standard and Poors Ratings Service

Immediately after the announcement of the $8.2 billion acquisition of NYSE Euronext Inc. (NYX) by IntercontinentalExchange Inc. (ICE) last week, Standard & Poor’s...

1Jan2013 | | Comments Off on (NYX) NYSE Euronext-IntercontinentalExchange Merger Earns Concern from Standard and Poors Ratings Service | Continued

(NDAQ) NASDAQ OMX Group to Buy Thomson Reuters Business

Yesterday, NASDAQ OMX Group Inc. (NDAQ) announced its intention to purchase the corporate management arm of Thomson Reuters. The deal is valued at $390 million and is expected to culminate by the first half of 2013, subject to regulatory...

16Dec2012 | | Comments Off on (NDAQ) NASDAQ OMX Group to Buy Thomson Reuters Business | Continued

(GS) Goldman Sachs Group Shares Kept Neutral By Analyst

We reiterated our Neutral recommendation on The Goldman Sachs Group Inc. (GS), based on the detailed analysis of the company’s third-quarter 2012 results. Goldman’s earnings per share for the quarter under review were significantly...

10Dec2012 | | Comments Off on (GS) Goldman Sachs Group Shares Kept Neutral By Analyst | Continued

(MS) Morgan Stanley in New Legal Tussle

Last week, German lender DZ Bank AG filed a lawsuit against Morgan Stanley (MS), for misrepresentation of documents while selling mortgage-backed securities (MBS). The complaint indicts Morgan Stanley of presenting modified documents...

3Dec2012 | | Comments Off on (MS) Morgan Stanley in New Legal Tussle | Continued

(NYX) NYSE Euronext Incorporated – Bear of the Day

NYSE Euronext, Inc.’s (NYX) third quarter earnings breezed past the Zacks Consensus Estimate but plunged year over year based on weak volumes and pricing across trading venues, which led to a reduced top line and lower operating...

22Nov2012 | | Comments Off on (NYX) NYSE Euronext Incorporated – Bear of the Day | Continued

(GS) The Goldman Sachs Group Outperforms – Hikes Dividend

The Goldman Sachs Group Inc. (GS) reported its third-quarter 2012 earnings per share of $2.85, significantly surpassing the Zacks Consensus Estimate of $2.18. Moreover, the reported earnings outpaced the prior-year quarter’s loss...

3Nov2012 | | Comments Off on (GS) The Goldman Sachs Group Outperforms – Hikes Dividend | Continued

(MS) Morgan Stanley Beats – Excluding Debt Valuation Adjustment

Morgan Stanley’s (MS) third quarter 2012 earnings from continuing operations came in at 28 cents per share, marginally surpassing the Zacks Consensus Estimate of 24 cents. This is also significantly ahead of the prior-year quarter...

30Oct2012 | | Comments Off on (MS) Morgan Stanley Beats – Excluding Debt Valuation Adjustment | Continued

(NDAQ) NASDAQ OMX Group Explores Taiwan

Expanding its presence in Taiwan, NASDAQ OMX Group Inc. (NDAQ) recently announced a Memorandum of Understanding (MoU) with Taipei’s Dalian Commodity Exchange (DCE). The MoU follows the establishment of the collaboration in order...

29Oct2012 | | Comments Off on (NDAQ) NASDAQ OMX Group Explores Taiwan | Continued

(CME) CME Group Wins New Clearing Rules Approval

Yesterday, CME Group Inc. (CME) announced the receipt of regulatory approval for reducing its portfolio margins within the clearing and cross-selling of interest rate futures and over-the-counter derivatives. This approval seeks to...

28Oct2012 | | Comments Off on (CME) CME Group Wins New Clearing Rules Approval | Continued

(NYX) NYSE Euronext Dips to Underperform

We downgraded our recommendation on NYSE Euronext Inc. (NYX) to Underperform from Neutral, based on the current sustainability factor amid weak trading volumes. The company’s second-quarter 2012 operating earnings per share of 51...

9Oct2012 | | Comments Off on (NYX) NYSE Euronext Dips to Underperform | Continued

(CME) CME Group Launches Steel Swap Futures

With a view to help customers manage the price risk associated with the Chinese construction and rebar industries, CME Group Inc. (CME) has announced the launch of Chinese Steel Rebar HRB400 (Mysteel) Swap Futures. The trading of these...

9Oct2012 | | Comments Off on (CME) CME Group Launches Steel Swap Futures | Continued

(MS) Morgan Stanley’s Volcker Woes

According to Reuters, Morgan Stanley’s (MS) plans of raising global infrastructure fund may be severely hit by the proposed Volcker rule. The proposed rule –an element of the Dodd-Frank Act – limits the proprietary trading activities...

9Oct2012 | | Comments Off on (MS) Morgan Stanley’s Volcker Woes | Continued

(CME) CME Group Unveils New Interest Rate Swap Futures

CME Group Inc. (CME) introduced a new genre of futures contracts that will be linked with deliverable interest rate swaps (IRS). These new IRS futures are scheduled to launch on November 13, 2012. Moreover, the new product will be...

9Oct2012 | | Comments Off on (CME) CME Group Unveils New Interest Rate Swap Futures | Continued

(GS) Goldman Sachs Group Remains Neutral

We reiterated our Neutral recommendation on The Goldman Sachs Group Inc. (GS), based on the detailed analysis of the company’s second-quarter 2012 results. Goldman’s earnings per share for the quarter under review were significantly...

8Oct2012 | | Comments Off on (GS) Goldman Sachs Group Remains Neutral | Continued

(NYX) NYSE Euronext Raises $850M from Note Sale

On Monday, NYSE Euronext Inc. (NYX) vended of senior notes worth $850 million that were underwritten through a public offering. This marks the company’s first dollar-denominated note sale after about four years.

Accordingly,...

4Oct2012 | | Comments Off on (NYX) NYSE Euronext Raises $850M from Note Sale | Continued