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Company News for September 13, 2010 - Corporate Summary
Monday, September 13, 2010 - 10:15am | 828• Deutsche Bank (NYSE: DB) announced plans to raise at least $12.5 billion in fresh capital to meet stricter capital requirements and increase its stake in Postbank from 30% currently • Hewlett-Packard (NYSE: HPQ) confirmed its intentions to acquire ArcSight (NASDAQ: ARST) for $1.5 billion • Hertz...
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Report: Goldman Shuffling its Partnership Ranks
Monday, September 13, 2010 - 10:07am | 117Goldman Sachs Group Inc (NYSE: GS) is in the process of shuffling its ranks of partners and could well name as many as 100 executives to the coveted post this year, the New York Times said. Also, Goldman may strip about 60 executives of their partnerships this year to make way for fresh talent, the...
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Goldman Sees Strong Q1 Results from Nike (NKE)
Monday, September 13, 2010 - 9:54am | 185In a recent report from Goldman Sachs (NYSE: GS), Nike (NYSE: NKE) is expected to post a strong Q1 based on a combination of accelerating sales trends, continued strong gross margins, and strong futures growth. Goldman sees some moderation in futures after the World Cup, but still expects strong...
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Citi Updates GS & MS Earnings Estimates
Monday, September 13, 2010 - 9:32am | 194Citi has updated its estimates for Goldman Sachs (NYSE: GS) and Morgan Stanley (NYSE: MS) by reducing estimates. GS and MS has smaller DCM platforms and are therefore less optimistic on Q3 trading performance given general soft market activity levels. Citi maintains Q3 estimates for J.P. Morgan (...
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Zacks Bull and Bear of the Day Highlights: Ford Motor Company, Kirkland's, Goldman Sachs Group, Royal Bank of Scotland Group and JPMorgan Chase - Press Releases
Monday, September 13, 2010 - 8:03am | 2124For Immediate Release Chicago, IL – September 13, 2010 – Zacks Equity Research highlights: Ford Motor Company (F) as the Bull of the Day and Kirkland's (KIRK) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Goldman Sachs Group Inc. (GS), Royal Bank of Scotland Group...
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Zacks Analyst Blog Highlights: American International Group, Citigroup, Deutsche Bank AG, The Goldman Sachs Group and Morgan Stanley - Press Releases
Monday, September 13, 2010 - 7:39am | 1127For Immediate Release Chicago, IL – September 13, 2010 – Zacks.com Analyst Blog features: American International Group Inc. (AIG), Citigroup Inc. (C), Deutsche Bank AG (DB), The Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS ). Get the most recent insight from Zacks Equity Research with the...
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Goldman Fined $27M by UK Authority - Analyst Blog
Friday, September 10, 2010 - 4:36pm | 906Goldman Sachs Group Inc. (GS) has been fined £17.5 million ($27 million) for its failure to comply with the principles of the U.K. Financial Services Authority (FSA). FSA has fined Goldman’s London-based unit Goldman Sachs International for not satisfying UK regulatory reporting obligations....
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Stock Market News for September 10, 2010 - Market News
Friday, September 10, 2010 - 12:39pm | 506Some optimism on the jobs front and a report that said the trade deficit had dropped in July helped stocks continue their September rally even as traders remained circumspect about European banks’ financials. A drop in first-time claims for unemployment benefits helped send the Dow average up 90...
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AIG Unit Inks Deal with China Bank - Analyst Blog
Friday, September 10, 2010 - 12:39pm | 1180In a move to strengthen its position in China, American International Assurance Co. (“AIA”), the Asian arm of American International Group Inc. (AIG), signed a bancassurance agreement with Industrial & Commercial Bank of China Ltd. (“ICBC”) to sell its life insurance products at ICBC’s...
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Company News for September 10, 2010 - Corporate Summary
Friday, September 10, 2010 - 10:06am | 911• National Semiconductor (NYSE: NSM) posted fiscal first quarter results of 36 cents a share, one cent below estimates, on revenues of $412 million, below consensus projections of $415 million. The company CEO noted, "In the near term, slower growth in our end markets and distribution channel,...
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JP Morgan Lowers Estimates For ITG
Friday, September 10, 2010 - 9:43am | 152Investment Technology Group (NYSE: ITG) reported average daily trading volume for August at a disappointing 155M shares, all due to market volumes, with ITG gaining market share during the month, JP Morgan reports. JP Morgan is lowering estimates for 3Q while remaining Neutral on ITG. New...
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Jared's Market Commentary - The Final Destination
Friday, September 10, 2010 - 9:25am | 738Last weekend I watched The Final Destination, which is the fourth movie in a series based on some guy sees all these clues about how a bunch of people are going to die. He tries to change fate, tries to warn people, but in the end everybody dies. That's how this market looks, feels, and is...
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Benzinga's Top ETF Decliners (TMF, DBB, FAZ, DRN)
Thursday, September 9, 2010 - 5:48pm | 194U.S. Treasury 30 Year Bonds traded lower today, and so did Direxion Daily 30 Year Treasury Bull 3X Shares (NYSE: TMF). It fell 6.18%, and closed at $46.29. TMF had a volume of 116K traded shares. Powershares DB Base Metals Fund (ETF) (NYSE: DBB) dropped 2.94%, as copper, aluminum and zinc traded...
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Benzinga's Top ETF Gainers (TMV, TBT, DRV, FAS)
Thursday, September 9, 2010 - 5:30pm | 204Direxion Daily 30 Year Treasury Bear 3X Shares (NYSE: TMV) led the gainers among the ETFs today, with an increase of 6.04%. TMV closed at $37.02, and had a volume of 651K shares. ProShares UltraShort 20+ Year Treasury (ETF) (NYSE: TBT) gained 3.89%, and closed at $33.14. This is the second trading...
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Zings Of The Day (GS, GOOG, SNE, DIS)
Thursday, September 9, 2010 - 4:07pm | 247Goldman Sachs (NYSE: GS) is being fined a record $27 million by the British Financial Services Authority, as it relates to the Abacus charges. What's $27 million when you're doing God's work, right Lloyd? Imagine what would've happened if they were doing Satan's work. They would've fined the...