Recent Commentaries tagged (gs)
Alexion Takes Over Enobia Pharma - Analyst Blog
Alexion Pharmaceuticals, Inc. (ALXN), a US-based biopharmaceutical company, which focuses on developing drugs to treat patients suffering from ultra-rare, severe and life-threatening diseases, announced recently that it has completed the acquisition of privately-held biotech company Enobia Pharm...
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Tags: analyst-blog | alxn | gs
Goldman Sets to Acquire Dwight - Analyst Blog
Yesterday, Goldman Sachs Asset Management (GSAM), a wing of The Goldman Sachs Group Inc. (GS), announced its plan to purchase Vermont-based Dwight Asset Management Company from Old Mutual Asset Management (OMAM). OMAM is a part of London-based savings group, Old Mutual. The terms of the deal we...
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Tags: analyst-blog | bac | gs | jpm
China OKs Citi Credit Card Biz - Analyst Blog
Citigroup Inc. (C) will launch its own credit card business in China. Its Chinese subsidiary Citibank (China) Co. Ltd. has received approval from the China Banking Regulatory Commission. The company will launch both retail and commercial cards before the end of this year. This marks a landmark f...
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Tags: analyst-blog | c | db | gs | hbc | jpm | ubs
Class-Action Suit Against BofA - Analyst Blog
Yesterday, the federal judge in Manhattan ordered Bank of America Corporation (BAC) to deal with a shareholders' class-action lawsuit. The lawsuit accused BofA along with some of its senior managers and directors of misleading investors about the takeover of Merrill Lynch & Co. as well as the amo...
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Tags: analyst-blog | bac | c | gs | hbc | jpm | mtb | stocks
Stock Market Update
The markets continue their float neutral to higher as optimism remains high. Positive news from Greece is helping the Euro pop. The stronger Euro is pushing the Dollar lower, which in turn is helping the markets continue their multi month rally.Banks are slightly weaker on the day with Goldman Sa...
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Tags: gs | aapl | stocks
Financial Stocks Dip Early, Watch These Levels
J.P. Morgan Chase & Co (NYSE:JPM) is considered the leading financial stock in the United States and possibly the world. This morning, JPM is coming under some early selling pressure. This important financial stock is trading lower by 0.42 to $37.72 a share. Short term traders can watch for intra...
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Tags: jpm | blk | gs | ms | xlf | etfs | stocks
Financial Stocks Dip Early, Watch These Levels
J.P. Morgan Chase & Co (NYSE:JPM) is considered the leading financial stock in the United States and possibly the world. This morning, JPM is coming under some early selling pressure. This important financial stock is trading lower by 0.42 to $37.72 a share. Short term traders can watch for intra...
Read More »
Tags: jpm | blk | gs | ms | xlf | etfs | stocks
Class-Action Suit Against Goldman - Analyst Blog
Last week, the federal judge in Manhattan ordered The Goldman Sachs Group Inc. (GS) to deal with a securities class-action lawsuit. The lawsuit accused Goldman of misleading investors relating to mortgage-backed securities worth $698 million. Investors, led by the Public Employees' Retirement Sys...
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Tags: analyst-blog | c | gs | hbc | jpm | mtb | stocks
MoneyGram Misses Estimate - Analyst Blog
MoneyGram International Inc. (MGI) reported fourth-quarter 2011 earnings per share of 4 cents, significantly lower than the Zacks Consensus Estimate of 17 cents but notably higher than the loss of $1.86 in the year-ago quarter. However, operating income plunged 24.6% year over year to $36.2 milli...
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Tags: analyst-blog | gs | mgi | wu | stocks
Financial Stocks Hold All The Cards
The leading financial stocks have been rallying higher since late November 2011. Many traders have discovered that J.P. Morgan Chase & Co (NYSE:JPM) seems to be the most important financial stock in the market at this time. This stock remains very strong on the daily chart. JPM stock is trading a...
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Tags: jpm | gs | bac | c | ms | xlf | stocks
Stock Market News for February 2, 2012 -...
Domestic as well as global economic data buoyed investor sentiment on Wednesday. The mood brightened further after Greece moving closer to striking a crucial deal with its private creditors. Markets were thus able to carry forward the positive momentum from January, which saw the benchmarks posti...
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Tags: stocks | bac | brcm | c | chkp | cien | csco | gs | jnpr | ms | stx | wfc
JPMorgan & HSBC Dragged to Court -...
On Tuesday, DZ Bank AG (DZBK), Germany's largest co-operative lender, filed a lawsuit against JPMorgan Chase & Co. (JPM) and HSBC Holdings Plc (HBC) for breaching representations and warranties. The complaint lodged claims that both companies have misrepresented documents related to the sale of o...
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Tags: analyst-blog | c | gs | hbc | jpm | mtb | usb | stocks
Financial Stocks Rally Strong But Hit Key...
As the market heads higher, the financial stocks lead the way. These gains continue to mount as concerns over Europe remain muted and economic news from China is strong. Stocks like JPMorgan Chase & Co. (NYSE:JPM) are up from a late November low of $28 and now hover at $38.00 per share. This mass...
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Tags: jpm | gs | wfc | c | stocks
Stock Market News for February 1, 2012 -...
Disappointing consumer confidence data pulled the benchmarks down from the day's highs during late trading, leading to a marginal fall decline for the markets on the last day of the month. However, this was still the best January the markets have enjoyed since 1997. The Street's gains were driven...
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Tags: stocks | aapl | bac | bzh | gs | kbh | len | ms | pfe | phm | rsh | tol | xom
Airlines Set for Consolidation Again -...
Despite a strong turnaround in 2010, fortunes of air carriers in the US seem to be dwindling once again this year, owing to the prevailing market turmoil and surging fuel prices. In the current scenario, the industry is likely to see another round of consolidation in order to regain lost profits ...
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Tags: analyst-blog | bx | dal | gs | lcc | luv | ual | stocks
