BlackRock Mulling 400 Layoffs to Focus on Growth Areas
Zacks Equity Research - Zacks Investment Research - Thu Mar 31, 9:20AM CDT
BlackRock (BLK) is contemplating to eliminate around 400 jobs or roughly 3% of its 13,000 employees in a bid to streamline parts of its business and focus on the areas poised for growth.
BCS: 8.62 (-0.09), GS: 156.98 (+0.48), BLK: 340.57 (-0.80), MS: 25.01 (-0.06)
Stock Market News for March 31, 2016
Zacks Equity Research - Zacks Investment Research - Thu Mar 31, 9:10AM CDT
Fed Chairwoman Janet Yellen’s dovish comments continued to help benchmarks end in the green on Wednesday.
ADP: 89.71 (+0.56), GS: 156.98 (+0.48), JPM: 59.22 (-0.49), C: 41.75 (-0.13), MET: 43.94 (-0.79), BAC: 13.52 (+0.04), WFC: 48.36 (-0.29)
Goldman Sachs Is Rebounding in a Low-Risk Buy Zone
at The Street - Wed Mar 30, 5:55AM CDT
Goldman Sachs has settled into a low-risk buy zone as underlying support begins to strengthen.
GS: 156.98 (+0.48)
Tweets on the Street: Fed's Dovish Tone, Brazilian Political Strife, Virtual Reality
at The Street - Tue Mar 29, 3:58PM CDT
Social media on Wall Street Tuesday centered on the Federal Reserve, along with political strife in Brazil.
GS: 156.98 (+0.48)
Buffett's Stake in Wells Fargo (WFC) Moves Up to 10%
Zacks Equity Research - Zacks Investment Research - Tue Mar 29, 3:07PM CDT
Legendary investor Warren Buffett's stake in Wells Fargo & Company (WFC) has increased to 10%, as stated by Berkshire Hathaway Inc. (BRK.A).
GS: 156.98 (+0.48), AXP: 61.40 (+1.11), USB: 40.59 (-0.40), WFC: 48.36 (-0.29), BRK.A: 213,450.00 (-585.00)
Investment Banking Revenues Lowest Since Crisis
Zacks Equity Research - Zacks Investment Research - Tue Mar 29, 2:28PM CDT
Global investment banking revenues in the quarter declined 36% year over year to $12.8 billion and marked "the lowest quarterly total since 1Q 2009."
GS: 156.98 (+0.48), JPM: 59.22 (-0.49), C: 41.75 (-0.13), BAC: 13.52 (+0.04), MS: 25.01 (-0.06)
Banks in Trouble: ISDAfix Manipulation Charges on Board
Zacks Equity Research - Zacks Investment Research - Tue Mar 29, 1:45PM CDT
The attempts of more than a dozen global banks suffered a major setback after a federal judge in Manhattan rejected their bid to discard a private lawsuit yesterday.
BCS: 8.62 (-0.09), C: 41.75 (-0.13), CS: 14.13 (-0.09), HSBC: 31.12 (-0.37), DB: 16.94 (-0.18), WFC: 48.36 (-0.29), BAC: 13.52 (+0.04), UBS: 16.02 (-0.32), RBS: 6.38 (-0.05), GS: 156.98 (+0.48), JPM: 59.22 (-0.49), NMR: 4.44 (-0.01)
Goldman Sachs Amends 'Warn Notice' With Higher Job Cuts
Zacks Equity Research - Zacks Investment Research - Mon Mar 28, 1:40PM CDT
The Goldman Sachs Group, Inc. (GS) expanded this year's job cut plan, as it updated the list filed with the New York State Department of Labor
GS: 156.98 (+0.48), CS: 14.13 (-0.09), DB: 16.94 (-0.18), BAC: 13.52 (+0.04)
Stocks Open Mostly Unchanged; Starwood, Marriott Top S&P 500
at Investor's Business Daily - Mon Mar 28, 8:44AM CDT
The stock market received an early assist from economic data Monday, opening mixed and mostly unchanged in early trade. The Dow Jones industrial average and S&P 500 rose fractionally, while the Nasdaq eased 0.1%. The stock market today heads into the...
YHOO: 36.81 (+0.25), GS: 156.98 (+0.48), CALM: 51.91 (+0.40), MCD: 125.68 (-0.15), MXL: 18.50 (+0.61), MSFT: 55.23 (+0.18), MAR: 71.18 (-0.37), HOT: 83.43 (-0.23)
The Zacks Analyst Blog Highlights: Citigroup, JPMorgan Chase, Blackstone Group, Goldman Sachs Group and Bank of New York Mellon
Zacks Equity Research - Zacks Investment Research - Mon Mar 28, 8:30AM CDT
The Zacks Analyst Blog Highlights: Citigroup, JPMorgan Chase, Blackstone Group, Goldman Sachs Group and Bank of New York Mellon
GS: 156.98 (+0.48), BX: 28.05 (+0.11), JPM: 59.22 (-0.49), C: 41.75 (-0.13), BK: 36.83 (-0.31)
Goldman Sachs Stock Will Move Lower, and You Should Sell Your Shares Now
at The Street - Sat Mar 26, 1:00PM CDT
Goldman Sachs (GS) stock's bounce off the February lows is finished, and the stock will now head lower, objective technical analysis shows.
GS: 156.98 (+0.48)
Instant Analysis: Fed Approves Goldman's $17 Billion GE Capital Bank Online Deposits Buy
Eric Volkman, The Motley Fool - Motley Fool - Thu Mar 24, 5:00PM CDT
What happened? The dismantling of General Electric 's once-mighty GE Capital financial services unit continues. The Federal Reserve has granted approval to Goldman Sachs to buy GE Capital's online bank deposits, which total roughly $17...
GE: 31.79 (-0.04), GS: 156.98 (+0.48)
Bank Stock Roundup: Legal Issues Dominate Headlines; Citi & JPMorgan in Focus
Zacks Equity Research - Zacks Investment Research - Thu Mar 24, 2:36PM CDT
Banking stocks remained under pressure over the last four trading days. Among the major events, litigations and probes dominated the headlines with Citigroup Inc. (C) and JPMorgan Chase & Co. (JPM) leading the field.
FITB: 16.69 (-0.18), BX: 28.05 (+0.11), GS: 156.98 (+0.48), COF: 69.31 (+0.16), JPM: 59.22 (-0.49), C: 41.75 (-0.13), BAC: 13.52 (+0.04), WFC: 48.36 (-0.29), BK: 36.83 (-0.31)
Citigroup's German Unit Under Review for Dividend Stripping
Zacks Equity Research - Zacks Investment Research - Thu Mar 24, 2:35PM CDT
Shares of Citigroup Inc. (C) dipped around 2.82% over the last two trading sessions, following the investigation conducted over the bank's German unit by the German tax authorities related to dividend stripping.
GS: 156.98 (+0.48), JPM: 59.22 (-0.49), C: 41.75 (-0.13), DB: 16.94 (-0.18)
10 Women Who Would Be a Great Addition to Any Company's Board
at The Street - Thu Mar 24, 12:03PM CDT
Seven companies in the S&P 500 have no women on their boards. Maybe they're having trouble finding the right women? We aren't. Here are 10 that would make great additions.
CXO: 101.04 (-0.91), HST: 16.70 (+0.24), MDLZ: 40.12 (-0.34), HON: 112.05 (-0.12), CAH: 81.95 (+0.17), KORS: 56.96 (+0.09), IDA: 74.59 (-0.06), DO: 21.73 (+0.35), AMAT: 21.18 (+0.14), EOG: 72.58 (-1.08), MSFT: 55.23 (+0.18), REV: 36.41 (+0.53), MU: 10.47 (-0.01), HAR: 89.04 (+2.03), SWKS: 77.90 (+0.05), PFE: 29.64 (-0.43), MCHP: 48.20 (-0.64), LLTC: 44.56 (-0.22), UL: 45.18 (-0.59), MGM: 21.44 (+0.15), CELG: 100.09 (+1.29), GILD: 91.86 (-0.11), TXN: 57.42 (-0.95), MRK: 52.91 (-0.31), QLGC: 13.44 (+0.06), ADI: 59.19 (+0.08), MRO: 11.14 (+0.61), CVX: 95.40 (+0.15), XRAY: 61.63 (-0.43), NVS: 72.44 (-0.11), GRMN: 39.96 (+0.10), CCE: 50.74 (-0.35), K: 76.55 (-0.28), JNPR: 25.51 (unch), IBM: 151.45 (+3.04), APA: 48.81 (+0.17), GOOGL: 762.90 (-5.44), TER: 21.59 (+0.03), ALGN: 72.69 (+0.68), MET: 43.94 (-0.79), DISCA: 28.63 (+0.54), FCAU: 8.06 (-0.09), ISIL: 13.37 (+0.02), ORCL: 40.91 (-0.06), SQ: 15.28 (+0.26), GS: 156.98 (+0.48), QRVO: 50.41 (-0.82), LRCX: 82.60 (+0.41), BAX: 41.08 (-0.18), GM: 31.43 (+0.44), CRUS: 36.41 (+0.08), PG: 82.31 (-0.37), AVGO: 154.50 (-2.43), GSBD: 19.60 (+0.07), CRM: 73.83 (-0.47)
After Yesterday's Decline of 1.78%, Goldman Sachs Group Offers Investors Better Value
Comtex SmarTrend(R) - Thu Mar 24, 11:57AM CDT
Goldman Sachs Group (NYSE:GS) traded in a range yesterday that spanned from a low of $150.13 to a high of $152.50. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $153.36 on volume of 2.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
GS: 156.98 (+0.48)
Dow 30 Stock Roundup: Nike Beats on Earnings, Caterpillar Outlook Disappoints
Swarup Gupta - Zacks Investment Research - Thu Mar 24, 10:47AM CDT
The Dow moved lower due to the Brussels terror attacks and declining in crude prices.
GE: 31.79 (-0.04), IHS: 124.16 (+0.63), NKE: 61.47 (-0.57), MRKT: 35.35 (+0.34), XOM: 83.59 (-0.93), BA: 126.94 (-1.64), MAR: 71.18 (-0.37), HOT: 83.43 (-0.23), GS: 156.98 (+0.48), JPM: 59.22 (-0.49), IBM: 151.45 (+3.04), CAT: 76.54 (+0.03), CVX: 95.40 (+0.15), AAPL: 108.99 (-0.57)
Stocks Down But Steady In Mixed Volume; Staples Rockets
at Investor's Business Daily - Thu Mar 24, 9:56AM CDT
Stocks hung on to their early losses Thursday morning, as a firming dollar and weak oil prices pressured shares in the U.S. and Europe. The Dow Jones industrial average and S&P 500 were down 0.5% each. The Nasdaq stuck with its early 0.4% loss....
SPLS: 11.03 (+0.02), KO: 46.39 (-0.19), GS: 156.98 (+0.48), JPM: 59.22 (-0.49), WMT: 68.49 (-0.31), ODP: 7.10 (-0.28), SIG: 124.03 (+4.35), PVH: 99.06 (+0.14)