Goldman Losing Its Shine Heading Into Q2 2015
Don Dion - at Seeking Alpha - Sat Apr 25, 11:14AM CDT
GS: 197.99 (-1.32), MS: 37.36 (-0.02)
Final Glance: Banks companies
AP - Fri Apr 24, 7:08PM CDT
NEW YORK (AP) — Shares of some top banks companies were down at the close of trading:
C: 52.90 (-0.32), WFC: 54.70 (-0.16), BAC: 15.64 (-0.05), MS: 37.36 (-0.02)
Midday Glance: Banks companies
AP - Fri Apr 24, 12:36PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:
C: 52.90 (-0.32), WFC: 54.70 (-0.16), BAC: 15.64 (-0.05), MS: 37.36 (-0.02)
E*TRADE Financial Q1 Earnings Beat, Profits Down 59% - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Apr 24, 10:36AM CDT
E*TRADE Financial Corporation's (ETFC) first-quarter 2015 adjusted earnings per share of 29 cents outpaced the Zacks Consensus Estimate of 21 cents
ETFC: 28.17 (-0.02), AMTD: 35.78 (-0.19), SCHW: 30.12 (-0.38), MS: 37.36 (-0.02)
Early Glance: Banks companies
AP - Fri Apr 24, 9:55AM CDT
NEW YORK (AP) — Shares of some top banks companies are down at 10 a.m.:
C: 52.90 (-0.32), WFC: 54.70 (-0.16), BAC: 15.64 (-0.05), MS: 37.36 (-0.02)
Apigee Announces Pricing of Initial Public Offering
GlobeNewswire - Thu Apr 23, 7:51PM CDT
Apigee Corporation (Nasdaq:APIC) today announced the pricing of its initial public offering of 5,115,000 shares of its common stock at a price to the public of $17.00 per share. The shares are expected to begin trading on the NASDAQ Global Select Market on April 24, 2015, under the symbol "APIC." In addition, Apigee has granted the underwriters a 30-day option to purchase up to 767,250 additional shares of common stock from Apigee at the initial public offering price, less underwriting discounts and commissions, to cover over-allotments, if any.
APIC: 16.70 (-3.30), JPM: 62.60 (-0.20), MS: 37.36 (-0.02)
BNY Mellon Announces Pricing of Public Offering of $1 Billion of Depositary Shares Representing Interests in Preferred Stock
PR Newswire - Thu Apr 23, 5:10PM CDT
BNY Mellon (NYSE: BK) today announced that it priced an underwritten public offering of 1,000,000 depositary shares, each representing a 1/100th interest in a share of its Series E Noncumulative Perpetual Preferred Stock, with a liquidation preference of $100,000 per share (equivalent to $1,000 per depositary share), at a public offering price of $1,000 per depositary share ($1 billion aggregate public offering price). Dividends will accrue on the liquidation amount of $100,000 per share of the Series E preferred stock at a rate per annum equal to (i) 4.950% from the original issue date of the Series E preferred stock to but excluding June 20, 2020 for each dividend period ending on or before June 20, 2020; and (ii) a floating rate equal to three-month LIBOR plus 3.42% from and including June 20, 2020 for each dividend period ending after June 20, 2020. Fixed rate dividends will be payable in arrears on June 20 and December 20 of each year, commencing on December 20, 2015, and floating rate dividends will be payable in arrears on March 20, June 20, September 20 and December 20 of each year, commencing on September 20, 2020. In each case, dividends will be paid only when, as and if declared by the board of directors of BNY Mellon (or a duly authorized committee of the board) and to the extent that BNY Mellon has legally available funds to pay dividends. Goldman, Sachs & Co., Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and BNY Mellon Capital Markets, LLC served as joint book-running managers for the offering; Barclays Capital Inc., BNP Paribas Securities Corp., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC, UBS Securities LLC and Wells Fargo Securities, LLC served as joint lead managers for the offering; and CIBC World Markets Corp., Jefferies & Company, Inc. and The Williams Capital Group, L.P. served as co-managers for the offering. The offering is expected to close on April 28, 2015.
JPM: 62.60 (-0.20), DB: 34.26 (+0.11), BK: 42.07 (-0.51), MS: 37.36 (-0.02)
Pfizer's Once And Future Deals
Chris DeMuth Jr. - at Seeking Alpha - Thu Apr 23, 2:39PM CDT
SHAK: 68.53 (+5.80), GS: 197.99 (-1.32), MDT: 77.61 (-0.89), JPM: 62.60 (-0.20), SHPG: 255.11 (-0.26), COV: 106.71 (-1.36), PFE: 35.27 (-0.09), AZN: 71.79 (-1.34), BAC: 15.64 (-0.05), ABBV: 66.07 (+1.82), HSP: 87.61 (-0.05), MS: 37.36 (-0.02)
Morgan Stanley Was A Strong Beat In Q1 2015, But What Lies Ahead?
David White - at Seeking Alpha - Thu Apr 23, 1:40PM CDT
MS: 37.36 (-0.02)
Morgan Stanley (MS) Approaches New Upside Target of $37.90
Comtex SmarTrend(R) - Thu Apr 23, 1:08PM CDT
Morgan Stanley (NYSE:MS) has opened bullishly above the pivot of $37.09 today and has reached the first level of resistance at $37.55. Investors may be interested in a cross of the next upside pivot targets of $37.90 and $38.71.
MS: 37.36 (-0.02)
3 Stocks Boosting The Financial Sector Higher
at The Street - Thu Apr 23, 12:03PM CDT
TheStreet highlights 3 stocks pushing the financial sector higher today.
MET: 50.66 (-0.47), BRK.B: 142.09 (-0.34), MS: 37.36 (-0.02)
Preview: European Investors Still In Love With North American Equities
Garry Wilson - at Seeking Alpha - Thu Apr 23, 11:41AM CDT
CNX: 30.20 (-0.48), PRGO: 192.89 (-8.74), CAM: 52.81 (+0.03), MKC: 75.84 (-0.38), MON: 118.46 (+0.97), KORS: 63.48 (+0.14), RL: 136.47 (-0.90), DLPH: 83.51 (+0.32), MSI: 60.57 (-0.27), DO: 29.82 (-0.58), MAT: 30.20 (+1.28), NWL: 39.54 (-0.08), THC: 50.65 (-0.58), DNR: 8.10 (-0.31), MA: 90.72 (-0.16), MNK: 122.01 (-2.84), HAR: 145.10 (-1.39), HES: 75.21 (-0.59), PBI: 22.91 (-0.26), UHS: 122.69 (+0.09), EW: 138.33 (-3.59), MHFI: 106.23 (+0.97), CELG: 118.71 (+2.62), MCO: 107.50 (-0.26), MS: 37.36 (-0.02), SYMC: 24.67 (+0.03), UA: 82.56 (-0.70), NTRS: 73.10 (-0.69), ESV: 24.04 (-0.23), SIAL: 139.00 (+0.03), ESS: 227.01 (-0.74), XRAY: 52.42 (+0.30), CTSH: 59.73 (-1.47), NE: 15.67 (-0.40), KMI: 44.34 (-0.23), KEY: 14.23 (-0.11), ADBE: 76.54 (+0.02), KIM: 25.43 (+0.23), PPG: 223.31 (-2.57), APD: 150.06 (-0.54), EMN: 75.47 (+0.17), CF: 294.44 (+4.67), LRCX: 76.70 (-0.38), TSO: 89.63 (+3.13), RHT: 76.83 (-0.02), GM: 35.59 (-0.33), KLAC: 58.89 (-0.96), CELGZ: 2.76 (-0.12), CRM: 67.83 (-0.64)
Black Stone Minerals, L.P. Announces Launch of Initial Public Offering
Business Wire - Thu Apr 23, 10:17AM CDT
Black Stone Minerals, L.P. ("Black Stone Minerals"
JPM: 62.60 (-0.20), WFC: 54.70 (-0.16), MS: 37.36 (-0.02)
Will Morgan Stanley (MS) Stock be Helped Today by Australia Real Estate Unit Valuation?
at The Street - Thu Apr 23, 8:34AM CDT
Morgan Stanley's (MS) sale of its Australian real estate unit is said to be bringing in over $2.3 billion.
MS: 37.36 (-0.02)
Akebia Therapeutics Announces Closing of Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares
Business Wire - Wed Apr 22, 3:01PM CDT
Akebia Therapeutics, Inc. (Nasdaq:AKBA) today announced the closing of its public offering of 8,363,636 shares of common stock at a public offering price of $8.25 per share. This includes the exercise in full by the underwriters of their option to purchase 1,090,909 shares of common stock. The aggregate net proceeds to Akebia, after underwriting discounts and commissions and estimated offering expenses, are approximately $64.6 million. All of the shares of common stock were offered by Akebia.
AKBA: 8.67 (-0.08), MS: 37.36 (-0.02)
Decent Banking Earnings Fail To Energize Financial ETFs
Zacks Funds - Seeking Alpha - Wed Apr 22, 1:11PM CDT
The financial sector, which accounts for around one-fifth of the S&P 500 index, had a sluggish 2014. Dull mortgage banking and client activities, soft trading volumes, high legal costs and global growth worries along with a low interest rate...
GS: 197.99 (-1.32), VFH: 49.52 (-0.11), JPM: 62.60 (-0.20), KBWB: 37.41 (-0.28), IAI: 42.85 (-0.25), C: 52.90 (-0.32), WFC: 54.70 (-0.16), XLF: 24.28 (-0.04), IYG: 90.82 (-0.39), MS: 37.36 (-0.02)
Phoenix Marketing International Reports That Fewer Than 40% Of UK Residents Age 55+ Are Financially Ready For Retirement and Few Expect A Significant Impact From Pensions
PRWeb - Wed Apr 22, 11:15AM CDT
Phoenix Marketing International, one of the top research companies in the U.S., released initial findings from its March 2015 study among 1,349 UK residents age 25+ with £15K+ in household income and £5K+ deposited or invested at any investment services company. Findings show that UK residents are in need of more information about Pensions Freedom and specifically investment options for their money purchase/defined contribution scheme. Alarming perhaps, is that less than one-third who are nearing retirement (age 55-64) are "financially well-prepared" and residents age 25 to 54 express many financial concerns.
MS: 37.36 (-0.02)