Investment Banking & Brokerage

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

FBR & Co. (Nasdaq: FBCM) announced today that its common stock will begin trading under the ticker FBRC as of August 1, 2011. Trading of the Company's stock will not be interrupted and the stock history will seamlessly reflect the Company's prior results. This change in the ticker symbol aligns...

President Obama has never been shy in his distaste for people who are wealthy and have made their wealth, particularly on Wall Street. From blaming those who own "corporate jets" to "hedge fund managers," Obama has never been shy in his verbal jabs at the group. What's interesting is that despite...

The major stock indexes have pulled back over the past three trading days as the U.S. politicians have not raised the debt ceiling yet. President Obama and Treasury Secretary Tim Geithner have called for Armageddon in the stock markets if the debt ceiling is not increased. The stock markets are...

According to Goldman Sachs, Stifel Financial Corp (NYSE: SF), Company Update Issued. Goldman Sachs reported that Stifel has entered into an agreement to acquire Stone & Youngberg. Since the agreement has not yet been finalized, PT, EPS estimates, and rating all remain unchanged. SF closed...

Mediobanca Securities reiterated its Neutral rating on Morgan Stanley (NYSE: MS). At the same time, the rating agency left its price target on the company's stock unchanged at $25. On Monday, MS lost 2.51% of its value to finish the day at $23.30. Its shares continued to slide in today's pre-market...

Stifel Financial Corp. (NYSE: SF) today announced it has entered into a definitive agreement to acquire Stone & Youngberg LLC a financial services firm specializing in municipal finance and fixed income securities. Stone & Youngberg's comprehensive institutional group expands Stifel's...

Changyou.com Limited (NASDAQ: CYOU) shares moved up 6.70% to $49.04 at 10:25 am. The volume of CYOU shares traded was 276% higher than normal. CYOU is scheduled to report its Q2 results on August 1. E*TRADE Financial Corporation (NASDAQ: ETFC) shares rose 3.71% to $16.22. The volume of ETFC shares...

Shares of TD Ameritrade (NASDAQ: AMTD) are higher on the session by 4.33%, trading at $20.46. Overall call volume is now running at 5.45x the daily average, with 54% of all calls traded being purchases on the offer. 2,921 contracts have traded on the session so far. TD Ameritrade Holding...

Citi reiterated its Hold rating on TD Ameritrade Holding (NASDAQ: AMTD). At the same time, the rating agency left its price target on the company's tock unchanged at $21. In today's trading, AMTD added 0.71% to its value to trade around $19.75.

Radiant Systems (NASDAQ: RADS) is up almost 27% after NCR begins tender offer. E*Trade Financial (NASDAQ: ETFC) is up almost 7% after it was announced that TD Ameritrade's Board was planning an E*Trade Bid. Roper Industries (NYSE: ROP) is up over 4% after reporting earnings. Extorre Gold Miners...

Biogen Idec (NASDAQ: BIIB) announced today it has received conditional approval from the European Commission for FAMPYRA® (prolonged-release fampridine tablets) to improve walking in adult patients with multiple sclerosis (MS) who have walking disability (Expanded Disability Status Scale 4-7)....

BGC Partners, Inc. (NASDAQ: BGCP) today announced its intention to commence an offering, subject to market conditions and other factors, of $125 million aggregate principal amount of convertible senior notes. The notes will be due in 2016 and are to be offered and sold solely to qualified...

Roper Industries Inc (NYSE: ROP) rose 6.29% to $89.77 in the pre-market session. ROP reported a 49% rise in its second-quarter profit. E*TRADE Financial Corporation (NASDAQ: ETFC) added 5.24% to $16.46 in the pre-market session. The board of directors of TD Ameritrade Holding Corp (NASDAQ: AMTD)...

Great Basin Gold (NYSE: GBG) is trading up over 5% as gold has advanced to record highs. E*Trade Financial (NASDAQ: ETFC) is trading up over 5% after the company's largest shareholder Citadel demands special shareholder meeting, repeats need to remove 2 directors. Cal-Maine Foods (NASDAQ: CALM)...