Late Market Roundup (GS, RAH, MS, APA, BP, SLM)

According to Informa Global Markets, Goldman Sachs GS has announced the sale of $3 billion in debt in a two-part deal. The deal comprises of 5-year and 10-year debt. As per Informa, Morgan Stanley MS has also planned to issue 5-year and 10-year bonds. According to a regulatory filing, Ralcorp Holdings Inc RAH is also selling $450 million in debt. Shares of Morgan Stanley MS jumped more than 9% after the company swung to a Q2 profit of $1.09 per share, from a loss of $1.10 per share, in the year-ago quarter. The bank’s revenue also rose across its three business segments, institutional securities, global wealth management and asset management. The analysts expected the company to earn $0.57 per share. Chief Executive Officer James Gorman mentioned, "We still have a great deal of work to do across our global franchise and anticipate that the difficult market environment may continue in the months ahead." S&P Equity Research has reiterated its “strong buy” rating on Apache Corp APA. APA has planned to purchase some oil fields from BP Plc BP in a deal worth $7 billion. S&P Equity Research mentioned, "This is Apache's third major recent acquisition, and in our view, it has built its portfolio at attractive prices." Shares of SLM Corp SLM dipped about 10% after the company reported its private loan volume below expectations. The company’s Q2 net income came in at $0.63 per share, from a net loss of $0.32 per share in the year-ago quarter. SLM’s Chief Executive Albert Lord said, "Economic conditions continue to weigh heavily on our out-of-school customers." Read more from Benzinga's Markets.