Diversified Investments
(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....
(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...
(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...
(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,...
(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...
(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...
(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...
(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...
(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...
(GS) The Goldman Sachs Group to Lay Off 230 Workers
According to a state filing on Wednesday, The Goldman Sachs Group Inc. (GS) intends to lay off 230 workers in New York State due to economic reasons. The layoffs will be executed during the fourth quarter of...
(NYX) NYSE Euronext Reconciles with Investors
Last week, NYSE Euronext Inc. (NYX) and its merger partner Deutsche Boerse AG agreed to reconcile with the NYSE investors over a special dividend payout of $910 million, which was announced earlier this month.
In...
(GS) Goldman Sachs Group Increases Brazil Workforce
Goldman Sachs Group Inc. (GS) plans to augment its workforce in Brazil by approximately 20% in 2011. The company aims to increase its hiring following growth in the Brazilian economy compared to its home market.
Goldman’s...
(MS) Excel Trust Issues Shares
Excel Trust, Inc. (EXL), a real estate investment trust (REIT) primarily focusing on retail assets, has recently announced an equity offer of 12.5 million shares at $10.94 each to raise cash to fund acquisition...
(MS) Merck KGaA to Withdraw Multiple Sclerosis Drug
Merck KGaA (MKGAF) recently announced its plans to withdraw the regulatory applications filed with the US Food and Drug Administration (FDA) and the European Medicines Agency (EMA), seeking approval to market...
(NDAQ) Neutral on NASDAQ
We maintain our Neutral recommendation on NASDAQ OMX Group Inc. (NDAQ) based on its current sustainability factor. The company’s first quarter earnings beat the Zacks Consensus Estimate driven by strong...
(GS) The Goldman Sachs Group Analyst Maintains Shares at Neutral
We maintain our Neutral recommendation on The Goldman Sachs Group Inc. (GS) as with the improving economic conditions, the company is gaining from a solid balance sheet and growth of its global...
(MS) Morgan Stanley Sets Up Joint Venture in China
On Friday, Morgan Stanley (MS) announced the launch of its joint venture (JV) with the Chinese securities firm China Fortune Securities Co., better known as Huaxin Securities Co. The new entity will be known...
(GS) Goldman May Sell Litton to Ocwen
Financial Times reported that The Goldman Sachs Group Inc. (GS) is planning to close down the sale of its mortgage-servicing subsidiary, Litton Loan Servicing to Ocwen Financial...
(GS) The Goldman Sachs Group Sells Litton to Ocwen
On Monday, The Goldman Sachs Group Inc. (GS) announced the sale of its mortgage-servicing subsidiary, Litton Loan Servicing to Ocwen Financial Corp. (
9Jun2011 | vitalstocks | 0 comments | Continued(CME) Meet New Zacks Senior Stock Strategist Kevin Cook
Hello fellow investors! My name is Kevin Cook and I just joined the Zacks.com team as a Senior Stock Strategist. I can’t wait to share with you all the ways we can work together to not simply survive in this market, but to thrive in it!
But, first things first…I...
(ACAS) American Capital Quarterly Report Runs Ahead Estimates
American Capital Ltd.’s (ACAS) first-quarter 2011 operating income of 23 cents per share surpassed the Zacks Consensus Estimate by 5 cents. The results were also ahead of the prior-year quarter’s earnings...
(NYX) NYSE Euronext Disappoints NASDAQ OMX-IntercontinentalExchange Again
NYSE Euronext Inc. (NYX) has again rejected the joint takeover bid from NASDAQ OMX Inc. (NDAQ) and IntercontinentalExchange Inc....
(MS) Morgan Stanley – Bear of the Day
Morgan Stanley’s (MS) first quarter earnings came in substantially ahead of the Zacks Consensus Estimate. However, a reduced top line and higher non-interest expenses were among the negatives. There are...
($GS) Goldman Sachs Beats – Profits Down on Dividend – ValuEngine Models Neutral
Earnings Season Continues
Goldman Sachs ($GS) Beats Expectations but Profits Down Due to Dividend, ValuEngine.com Models Remain Neutral on the Finance Giant
Goldman Sachs is a global investment banking and securities firm, providing a full range of investing,...
(GS) Goldman Sachs Group Quarterly Earnings Blow Away Analyst Estimates
The Goldman Sachs Group Inc.’s (GS) first-quarter 2011 earnings per share of $4.38 significantly outpaced the Zacks Consensus Estimate of 79 cents.
Including the preferred dividend of $1.64 billion...
(NDAQ) NASDAQ OMX Group Earnings Report Beats by a Penny
NASDAQ OMX Group Inc.’s (NDAQ) first quarter operating earnings per share of 61 cents came in a penny higher than the Zacks Consensus Estimate of 60 cents and significantly higher than prior-year quarter...
(GS) Company News for April 20, 2011 – Corporate Summary
• Johnson & Johnson (NYSE:JNJ) reported Q1 EPS of $1.35, ex-items, ahead of the Zacks Consensus Estimate of $1.25 per share. Revenues for the quarter rose 3.5% year-over-year to $16.2 billion, beating the Zacks Consensus...
(NDAQ) NASDAQ OMX Group Still After NYSE Euronext
Despite that NYSE refused NASDAQ’s $11.3 billion take over offer earlier last week, NASDAQ OMX Group Inc. (NDAQ) appears to still be very game to merge with NYSE Euronext Inc. (
19Apr2011 | vitalstocks | 0 comments | Continued(GS) Earnings Boost For Stocks – Ahead of Wall Street
Tuesday, April 19, 2011
Following the uncomfortable reminder from the S&P yesterday about the nation’s financial health, stocks will likely go back to ‘normal’ behavior today. Helping the market shift its focus is positive earnings reports from...
(GS) Goldman Sachs Group First Quarter 2011 Earnings Preview
The Goldman Sachs Group Inc. (GS) is scheduled to report its first-quarter 2011 results before the market opens on Tuesday, April 19. The Zacks Consensus Estimate for the first...