Credit Suisse Pleads Guilty, Settles U.S. Tax Probe - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue May 20, 4:30PM CDT
Credit Suisse AG, the major arm of Credit Suisse Group AG (CS) pleaded guilty to criminal charges of assisting its U.S. clients to evade tax, marking the first instance in 10 years in which a financial giant accepted allegations in the U.S.
Warren Buffett Should Invest in Home Depot
at The Street - Tue May 20, 2:54PM CDT
Home Depot is down but should recover like American Express and Goldman Sachs, making it a great buy for Warren Buffett.
Q1 Commodities Revenue for Major Banks Surge 26% - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue May 20, 9:40AM CDT
Though banks are under regulatory pressure to hold back their commodities business, according to London-based based financial industry analytics firm - Coalition, commodities revenue of the top 10 investment banks jumped 26% to $1.8 billion for the quarter ended Mar 31, 2014.
Will This Downgrade Hurt LifeLock (LOCK) Stock Today?
at The Street - Tue May 20, 8:44AM CDT
LifeLock (LOCK) was downgraded to 'neutral' by analysts at Goldman Sachs (GS).
Here's Which Beaten-Down Banks to Buy
at The Street - Tue May 20, 5:00AM CDT
Why are bank stocks down from their earlier year highs? Here's your buying opportunity.
The Oliver Law Group P.C. Named to Plaintiffs' Steering Committee in Federal Aluminum Antitrust Litigation
PRWeb - Tue May 20, 4:47AM CDT
The Oliver Law Group P.C., a law firm representing plaintiffs in aluminum antitrust lawsuits nationwide, has been named to the Plaintiffs' Steering Committee for Direct Purchaser Plaintiffs in the aluminum antitrust Litigation now underway in U.S. District Court, Southern District of New York. According to court documents, more than two dozen lawsuits have been filed in the proceeding, all of which accuse Goldman Sachs Group Inc., JPMorgan Chase & Co., and other defendants of constricting aluminum supplies and driving up prices. (In Re Aluminum Warehousing Antitrust Litigation, MDL No. 2481)
The Dow Climbs on Strength in Financials, but McDonald's Falls
Dan Caplinger, The Motley Fool - Motley Fool - Mon May 19, 8:05PM CDT
The Dow Jones Industrials managed to gain almost 21 points on Monday, taking only partial advantage of the favorable mood that sent the broader market up more dramatically. Even hard-hit small-cap stocks saw better gains Monday, rebounding despite...
Dow Today: Goldman Sachs Group (GS) Leads The Day Higher, McDonald's (MCD) Lags
at The Street - Mon May 19, 3:30PM CDT
The Dow component that led the way higher today was Goldman Sachs Group (NYSE: GS ), which sported a $1.24 gain (+0.8%) bringing the stock to $157.67. Holding the Dow back today was McDonald's (NYSE: MCD ), which lagged the broader Dow index...
Will This Downgrade Negatively Impact Alliant Techsystems (ATK) Stock Today?
at The Street - Mon May 19, 8:26AM CDT
Alliant Techsystems (ATK) was downgraded to 'neutral' from 'buy' at Goldman Sachs (GS) on Monday.
5 Stocks That Should Be Prime Investment Targets For Warren Buffett
Matthew Frankel, The Motley Fool - Motley Fool - Mon May 19, 8:00AM CDT
Warren Buffett only buys certain types of companies and stocks for Berkshire Hathaway's portfolio. Generally, he wants companies that are stable, have shareholder-friendly management, and -- most importantly -- that have a distinct and durable...
Dow Jones Industrials: What to Expect This Week
Dan Caplinger, The Motley Fool - Motley Fool - Sun May 18, 6:05PM CDT
The Dow Jones Industrials gave up a modest amount of ground last week. But in the coming week, Dow investors have a lot to look forward to. Home Depot will look to close out the first-quarter earnings season for the Dow Jones Industrials, while...
3 New Issues IPO Investors Need to Know About for This Week
Eric Volkman, The Motley Fool - Motley Fool - Sun May 18, 11:00AM CDT
Similar to last week, the coming days will see the debut of seven new stocks on the bourse. Dissimilar to last week, at least one will be a monster. The flotation of China-based e-tailer JD.com stands to take in a gross of nearly $1.7 billion if...
The Latest Way American Banks Are Avoiding Regulation
Anna B. Wroblewska, The Motley Fool - Motley Fool - Sat May 17, 10:00AM CDT
The largest players in the derivatives markets -- JP Morgan , Citigroup , Bank of America , Goldman Sachs , and Morgan Stanley -- have started to change the terms of their European swaps contracts to avoid American rules that increase...
'Nontraditional' Strong Results: Trading Bank Earnings, Part 3
at The Street - Fri May 16, 2:39PM CDT
There's gold within the 'nontraditional' banking sector and we dig for it among these financial service firms.
Darden Sells Red Lobster to Golden Gate for $2.1B
at The Street - Fri May 16, 11:11AM CDT
Activist investors Starboard says deal 'woefully undervalues' restaurant chain and its real estate assets.
Cosmopolitan of Las Vegas Sold by Deutsche Bank - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri May 16, 10:20AM CDT
Las Vegas casino resort - The Cosmopolitan has been vended by the German bank - Deutsche Bank AG (DB) to the private equity group - The Blackstone Group L.P. (BX) in a cash-deal worth $1.73 billion. However, the deal awaits regulatory approvals.
Dow Today: AT&T (T) Leads The Day Higher, Goldman Sachs Group (GS) Lags
at The Street - Thu May 15, 3:30PM CDT
The Dow component that led the way higher today was AT&T (NYSE: T ), which sported a 13-cent gain (+0.4%) bringing the stock to $36.52. Holding the Dow back today was Goldman Sachs Group (NYSE: GS ), which lagged the broader Dow index with a...
Geithner's Been Deaf to Volcker for 30 Years
at The Street - Thu May 15, 11:27AM CDT
Former Federal Reserve Chairman Paul Volcker and former Treasury Secretary Tim Geithner may both be Democrats and close advisers to President Obama, but it is not secret that Volcker has been far more willing than Geithner to take on big financial...
Another Big Dow Drop Raises Correction Fears as Goldman Sachs, JPMorgan Chase Fall
Dan Caplinger, The Motley Fool - Motley Fool - Thu May 15, 10:01AM CDT
On Thursday morning, the Dow Jones Industrials were buffeted by a number of different reports giving conflicting information on the health of the stock market and the U.S. economy. A troubling drop in industrial production combined with rising...
How Will Southwestern Energy (SWN) Stock React To This Downgrade?
at The Street - Thu May 15, 7:45AM CDT
Southwestern Energy (SWN) was downgraded to 'neutral' from 'buy' at Goldman Sachs (GS) on Thursday.