Banks Show Second Straight Win in Fed Stress Test
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 3:35PM CDT
The Federal Reserve released the DFAST 2016 results, which reflected the continued stability in the banking system despite the Fed's harsher hypothetical "severely adverse" scenario this time.
GS: 152.66 (+4.52), HBAN: 9.43 (+0.21), JPM: 64.05 (+1.34), C: 44.46 (+1.78), BAC: 14.04 (+0.43), WFC: 47.91 (+0.94), BK: 41.54 (+0.94), MS: 27.29 (+0.90)
How Does Brexit Affect Britain's Economic Future?
Afrasiab Mian - Zacks Investment Research - Fri Jun 24, 2:46PM CDT
In news that shocked the market, the U.K. voted to leave the EU by a slim margin of 2%. The result of the historic vote has mixed reactions globally, as well as many deeper ramifications that must be considered.
BCS: 11.18 (+0.47), GS: 152.66 (+4.52), JPM: 64.05 (+1.34), C: 44.46 (+1.78), HSBC: 33.73 (+1.08), RBS: 7.49 (+0.20), LYG: 4.34 (+0.16)
Watch for Goldman Sachs Group to Potentially Rebound After Falling 6.11% Yesterday
Comtex SmarTrend(R) - Fri Jun 24, 1:06PM CDT
Goldman Sachs Group (NYSE:GS) traded in a range yesterday that spanned from a low of $140.92 to a high of $146.42. Yesterday, the shares fell 6.1%, which took the trading range below the 3-day low of $147.12 on volume of 3.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
GS: 152.66 (+4.52)
Goldman Sachs Group Falls 6.11% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Fri Jun 24, 1:04PM CDT
Goldman Sachs Group (NYSE:GS) traded in a range yesterday that spanned from a low of $140.92 to a high of $146.42. Yesterday, the shares fell 6.1%, which took the trading range below the 3-day low of $147.12 on volume of 3.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
GS: 152.66 (+4.52)
Dow 30 Stock Roundup: Boeing Nears $4B Deal, Coke Revises Q2 Guidance
Swarup Gupta - Zacks Investment Research - Fri Jun 24, 11:06AM CDT
The Dow was guided entirely by the chances of a Brexit this week.
KO: 45.08 (+0.22), V: 78.23 (+1.70), GS: 152.66 (+4.52), CAT: 78.22 (+1.79), BA: 133.55 (+1.78), AAPL: 96.10 (+0.55)
Brexit Mandate: 4 Sectors & Their Stocks Under Pressure
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 9:40AM CDT
Thanks to Brexit, the market is going to move significantly one way or the other.
F: 13.40 (+0.22), GS: 152.66 (+4.52), JPM: 64.05 (+1.34), C: 44.46 (+1.78), EOG: 84.50 (+0.90), COP: 45.63 (+1.64), APA: 58.16 (+1.73), BAC: 14.04 (+0.43), PAG: 37.02 (+1.70), MS: 27.29 (+0.90)
Are U.S. Bank Stocks Fated for a Huge Fall Post Brexit?
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 9:23AM CDT
Major U.S. banking giants plunged in premarket trading on Friday following the U.K. vote
GS: 152.66 (+4.52), JPM: 64.05 (+1.34), C: 44.46 (+1.78), BAC: 14.04 (+0.43), MS: 27.29 (+0.90)
BofA Nears Accord with SEC Over Client Accounts Case
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 4:59PM CDT
Per a Wall Street Journal report, Bank of America (BAC) may shell out $400 to $450 million to settle allegations related to breach of rules designed to protect client accounts.
GS: 152.66 (+4.52), BAC: 14.04 (+0.43), WFC: 47.91 (+0.94), UBS: 16.10 (+0.61)
Goldman (GS) Third Round Layoffs: 98 in New York
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 2:30PM CDT
As a part of big overhaul, The Goldman Sachs Group, Inc. (GS) has commenced the third round of layoffs with the elimination of 98 staff in New York.
GS: 152.66 (+4.52), CS: 13.72 (+0.60), DB: 17.84 (+0.97), BAC: 14.04 (+0.43)
BofA's Instinct Loans Aims to Transfer Leveraged Loans
Zacks Equity Research - Zacks Investment Research - Tue Jun 21, 2:49PM CDT
Bank of America (BAC) sought to reallocate certain leveraged loans to electronic exchange through its new electronic loan trading platform.
GS: 152.66 (+4.52), JPM: 64.05 (+1.34), BAC: 14.04 (+0.43), WFC: 47.91 (+0.94)
What’s Wrong With Wall Street?
ESTMZ - Mon Jun 20, 3:01PM CDT
Banks and the financials in general have been the worst performing sector since the 2008 financial crisis. Between near zero interest rates from endless rounds of quantitative easing and a general lack of trust regarding the industry, Wall Street has...
GS: 152.66 (+4.52), JPM: 64.05 (+1.34), C: 44.46 (+1.78), WFC: 47.91 (+0.94), BAC: 14.04 (+0.43), MS: 27.29 (+0.90)
Goldman Sachs Group Rises 2.25% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Mon Jun 20, 12:58PM CDT
Goldman Sachs Group (NYSE:GS) traded in a range yesterday that spanned from a low of $148.26 to a high of $150.50. Yesterday, the shares gained 2.2%, which took the trading range above the 3-day high of $148.70 on volume of 1.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
GS: 152.66 (+4.52)
Watch for Goldman Sachs Group to Potentially Pullback After Gaining 2.25% Yesterday
Comtex SmarTrend(R) - Mon Jun 20, 12:57PM CDT
Goldman Sachs Group (NYSE:GS) traded in a range yesterday that spanned from a low of $148.26 to a high of $150.50. Yesterday, the shares gained 2.2%, which took the trading range above the 3-day high of $148.70 on volume of 1.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
GS: 152.66 (+4.52)
Was Salesforce Eyeing LinkedIn Before Microsoft Scooped It?
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 8:50AM CDT
According to a report published by Bloomberg yesterday, salesforce.com Inc. (CRM) was also interested in buying LinkedIn Corporation (LNKD).
GS: 152.66 (+4.52), LNKD: 190.45 (+0.13), MSFT: 51.91 (+0.92), CRM: 82.28 (+1.66)
Morgan Stanley Emphasizing on FICC & Wealth Management
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 4:31PM CDT
Morgan Stanley (MS) is targeting $4 billion in annual revenue from its fixed-income, currencies and commodities (FICC) unit despite downsizing of the unit in recent years.
GS: 152.66 (+4.52), JPM: 64.05 (+1.34), BAC: 14.04 (+0.43), MS: 27.29 (+0.90)
Goldman Settles Mortgage Suit with Australian Hedge Fund
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 6:59AM CDT
The Goldman Sachs Group, Inc. (GS) recently settled a $1 billion lawsuit concerning the sale of mortgage-linked securities with an Australian hedge fund.
GS: 152.66 (+4.52), JPM: 64.05 (+1.34), BAC: 14.04 (+0.43), MS: 27.29 (+0.90)
Morgan Stanley Warns About 1,000 Jobs Relocation on Brexit
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 4:52PM CDT
Morgan Stanley (MS) is set to relocate around 1,000 workers from Britain to the continent over the coming years, if the nation votes on Jun 23 to leave the EU.
GS: 152.66 (+4.52), JPM: 64.05 (+1.34), C: 44.46 (+1.78), MS: 27.29 (+0.90)
Goldman Sachs (GS) Expands Consumer Banking Business
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 4:32PM CDT
The Goldman Sachs Group, Inc. (GS), widely focused on large companies and wealthy clients, is expanding its offerings to general consumers through its new retail banking service.
GS: 152.66 (+4.52), CATY: 29.64 (+1.09), FBP: 4.41 (+0.22), LPLA: 25.79 (+0.79)
Goldman's Tussle with Libyan Fund Escalates as Trial Begins
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 8:34AM CDT
In the trial which began on Monday , The Goldman Sachs Group, Inc. (GS) was accused by Libyan Investment Authority of exploiting its relationship with the fund to make risky and worthless derivative trades.
GS: 152.66 (+4.52), CATY: 29.64 (+1.09), FBP: 4.41 (+0.22), LPLA: 25.79 (+0.79)
Morgan Stanley (MS): A Winner in Microsoft-LinkedIn Deal
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 8:32AM CDT
Morgan Stanley is a potential winner in Microsoft-LinkedIn deal. Wondering how? Just read on the article.
GS: 152.66 (+4.52), LNKD: 190.45 (+0.13), MSFT: 51.91 (+0.92), MS: 27.29 (+0.90)