Blackstone, KKR, TPG Capital Settle LBO Collusion Charges - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 08, 4:49PM CDT
Blackstone (BX), Kohlberg Kravis Roberts & Co. L.P. (KKR) and TPG Capital have agreed to settle a lawsuit that accused them of pulling down the prices of LBOs through collusion before the financial crisis
Dow Today: Goldman Sachs Group (GS) Leads The Day Higher, Intel (INTC) Lags
at The Street - Fri Aug 08, 3:30PM CDT
The Dow component that led the way higher today was Goldman Sachs Group (NYSE:GS), which sported a $3.16 gain (+1.9%) bringing the stock to $172.26. Holding the Dow back today was Intel (Nasdaq:INTC), which lagged the broader Dow index with an...
Goldman, JPMorgan Sweat, as Sen. Levin Goes After Metals Commodity Brokers
at The Street - Fri Aug 08, 12:29PM CDT
Levin probes alleged commodity abuses, with Wall Street banks under scrutiny.
3 Financial Stocks Moving The Sector Upward
at The Street - Fri Aug 08, 12:03PM CDT
TheStreet highlights 3 stocks pushing the financial sector higher today.
The Zacks Analyst Blog Highlights: Bank of America, Citigroup, Goldman Sachs Group, JPMorgan Chase and Morgan Stanley
PR Newswire - Fri Aug 08, 8:30AM CDT
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Bank of America Corp. (NYSE:BAC-Free Report), Citigroup Inc. (NYSE:C-Free Report), Goldman Sachs Group, Inc. (NYSE:GS-Free Report), JPMorgan Chase & Co. (NYSE:JPM-Free Report) and Morgan Stanley (NYSE:MS-Free Report).
Will Barrick Gold (ABX) Stock Be Positively Impacted By This Analyst Upgrade?
at The Street - Fri Aug 08, 8:22AM CDT
Barrick Gold (ABX) was upgraded to 'conviction buy' from 'buy' at Goldman Sachs (GS).
Aug. 8 Premarket Briefing: 10 Things You Should Know
at The Street - Fri Aug 08, 5:50AM CDT
U.S. stock futures slip; Obama authorizes U.S. airstrikes in northern Iraq; Zynga reports a wider loss; CBS profit tops estimates.
Lululemon Is Surging Because Chip Wilson Did This
at The Street - Thu Aug 07, 4:48PM CDT
Lululemon Athletica shares surged in post-market trading after its founder Dennis "Chip" Wilson announced that he was selling half of his stock to private equity firm, Advent International.
Inadequate 'Living Wills', Banks to Correct Flaws by 2015 - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Aug 07, 3:20PM CDT
Banks have failed to convince the FDIC and the Federal Reserve regarding their respective 'Living Wills', a measure to prove that they could be easily be wound down in case of collapse.
Will This Ratings Upgrade Help Esterline Technologies (ESL) Stock Today?
at The Street - Thu Aug 07, 7:44AM CDT
Esterline Technologies (ESL) was upgraded to 'buy' from 'neutral' at Goldman Sachs (GS).
Goldman Sachs, Deutsche Close to Acquire NBG's Buyout Firm - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Aug 06, 4:55PM CDT
The Goldman Sachs Group, Inc. (GS) and Deutsche Bank AG (DB), through their private equity wings, are inching closer to finalizing a deal to acquire the buyout unit of National Bank of Greece SA (NBG), per a Bloomberg report
Morgan & Goldman: New Additions to the Dark Pool Trade Probe - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Aug 06, 4:36PM CDT
Per a Fox Business Network report, the dark-pool trading probe has been extended to Morgan Stanley (MS) and Goldman Sachs (GS).
Kohlberg Kravis to Divest Turkish Ferry Wing to Actera-Esas - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Aug 06, 4:25PM CDT
Kohlberg Kravis finalized the sale of its Turkish ferry unit -- U.N. Ro-Ro Isletmeleri AS -- to the local investment firms Esas Holding AS and Actera Partners LP. However, the terms and conditions of the agreement were not specified.
Citigroup-SEC $285M Settlement Gets U.S. Judge Approval - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Aug 06, 3:50PM CDT
On Tuesday, U.S. District Judge Jed Rakoff unwillingly approved Citigroup Inc. (C) a U.S. Securities and Exchange Commission (SEC) settlement of $285 million. The decision comes two months after the 2nd U.S. Circuit Court of Appeals in Manhattan rescinded Jed Rakoff's decision to reject the settlement in June.
Morgan Stanley Restates Q2 Earnings, Reveals Impending Case - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Aug 06, 1:43PM CDT
Following the settlement of certain mortgage-related issues, Morgan Stanley (MS) restated its second-quarter 2014 earnings. The company's earnings per share from continuing operations now stand at 92 cents, down from 94 cents reported on Jul 17.
California AG Seeks Bigger Slice of Morgan Stanley Mortgage Fines
at The Street - Wed Aug 06, 12:57PM CDT
California Attorney General Kamala Harris is showing her hand as Morgan Stanley faces off against a powerful federal and state mortgage task force.
S&P Faces Charges over Mortgage Ratings: 3 Safe Mortgage Funds - Best of Funds
Zacks Equity Research - Zacks Investment Research - Wed Aug 06, 12:03PM CDT
The fresh charges against S&P related to its ratings to six commercial mortgage backed securities may deter investor mood. The whole episode could have a large detrimental effect on investments in mortgage bond funds. However, we will pick 3 top rated mortgage funds that are safe investments.
BofA Gets Green Light From Fed For Dividend Hike
at Investor's Business Daily - Wed Aug 06, 10:50AM CDT
Bank of America (BAC) will increase its dividend for the first time in seven years after getting approval from federal regulators. BofA shares rose in heavy volume after the Federal Reserve said Wednesday it had accepted a revised capital plan filed...
How Will Target (TGT) Stock Be Affected By This Ratings Downgrade?
at The Street - Wed Aug 06, 8:00AM CDT
Target (TGT) was downgraded to 'neutral' from 'buy' at Goldman Sachs (GS).
Why Goldman Sachs (GS) Could Beat Earnings Estimates Again - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Aug 06, 7:59AM CDT
Since the recent estimates have been moving higher for Goldman Sachs, it has high chance of beating the estimates in the coming quarter.