Investment Banking & Brokerage

Nomura Holdings Inc (NYSE: NMR) reported a strong rise in its net profit for the fiscal first quarter. Nomura posted its quarterly net profit at Y17.77 billion, versus a net profit of Y2.32 billion, in the year-ago period. Analysts were expecting net profit of Y13.65 billion. Nomura's revenue...

Shares of MF Global (NYSE: MF) are higher on the session by 5.52%, currently trading at $7.64. The stock has been moving largely lower over the past six months and is currently trading below the 200-day moving average. Options traders are buying puts on the name today. A short while ago the...

The markets are holding their collective breath as they look towards the vote later in the House of Representatives. John Boehner's bill outlining budget cuts and raising the debt ceiling will be on the chopping block. This is ultimately the biggest vote the markets have seen since TARP passed in...

The markets are holding their collective breath as they look towards the vote later in the House of Representatives. John Boehner's bill outlining budget cuts and raising the debt ceiling will be on the chopping block. This is ultimately the biggest vote the markets have seen since TARP passed in...

As we all know by now, the large financial institutions have lead the markets lower over the past three months. This morning, it is the large financial stocks that are trading higher on the session keeping the markets alive. When the financial stocks show intra-day strength it is very difficult to...

Swiss bank Credit Suisse (NYSE: CS) announced Thursday that it would be cutting 2,000 jobs in light of a weak quarter and an uncertain economic outlook. The bank announced that its second quarter net profit fell just below $1 billion, to $959 million. Credit Suisse is only the latest European...

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and entry/exit points become more clearly defined. The following stocks hit new 52-week highs in Wednesday's trading session (listed from highest total volume to...

With the markets panicking over the possible default of the United States, stocks are scary but cheap. When the debt ceiling is raised, a big rally will take place. The key is to be in positions that will reward you with big profits. Ultimately, the debt ceiling will be increased by the time August...

(TheStreet) -- The CEO whom I call the "Rodney Dangerfield of Corporate America" (because he gets no respect), Patrick Byrne of Overstock.com, recently placed a screed on Overstock's main page attacking Goldman Sachs (NYSE: GS) and talking up his frivolous "naked shorting" suit against Wall Street...

MF Global Holdings Ltd (NYSE: MF) was downgraded by JP Morgan from "overweight" to "neutral." MF's shares closed at $7.54 yesterday. MF Global's trailing-twelve-month ROE is -5.49%. KeyBanc Capital Markets downgraded Range Resources Corp (NYSE: RRC) from “buy” to “hold.” RRC's stock closed at $64....

This is your Benzinga news summary and traders' outlook for Wednesday, July 27, 2011, covering headlines from overnight and Wednesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading flat after mixed guidance this morning from some notable companies. The...

Analysts at Morgan Keegan upgraded Mednax Inc (NYSE: MD) from “market perform” to “outperform.” MD's shares closed at $70.50 yesterday. Mednax's trailing-twelve-month operating margin is 22.49%. JP Morgan upgraded Buckle Inc (The) (NYSE: BKE) from “underweight” to “neutral.” BKE's shares closed at...

JP Morgan upgraded its rating on Investment Technology Group (NYSE: ITG) and MF Global (NYSE: MF) from Neutral to Overweight. At the moment, the rating agency has a price target of $16.60 on ITG and $9 on MF. On Tuesday, ITG added 1.37% to its value to end the day at $11.86, while MF lost 1.05% of...

JP Morgan has downgraded MF Global (NYSE: MF) from Overweight to Neutral with a $9 price target.

JP Morgan has upgraded Investment Technology Group (NYSE: ITG) from Neutral to Overweight with a $16.50 price target.