Investment Banking & Brokerage

Goldman Sachs (NYSE: GS) is down over 3% on the earnings miss this morning. The company reported Q2 EPS of $1.85 vs. $2.27 estimate Equities Revenues of $7.28B vs. $8.14B estimate. Goldman Sachs is currently trading at $125.05 pre-market, a loss of 3.31%.

Goldman Sachs Group Inc (NYSE: GS) dipped 3.46% to $124.85 in the pre-market session. GS reported downbeat profit for the second quarter. Whirlpool Corp (NYSE: WHR) dropped 2.37% to $73.81 in the pre-market trading. WHR's trailing-twelve-month profit margin is 3.37%. Johnson & Johnson (NYSE...

Goldman Sachs Group Inc (NYSE: GS) reported downbeat profit for the second quarter. GS reported its quarterly profit at $1.09 billion, or $1.87 per share, up from $613 million, or $0.78 per share, in the year-ago period. The company's net revenue came in at $7.28 billion, including interest...

Cisco Systems (NASDAQ: CSCO) provided additional detail Monday about its plans to reduce its global workforce by 6,500 employees - part of an effort to save $1 billion in annual operating expenses. The reduction would equate to 9% of Cisco's regular full-time employees. The technology company has...

US stock futures are higher this morning, as investors are awaiting quarterly earnings from major companies. Futures on the Dow Jones Industrial Average surged 71 points to 12,399.00 and futures on the S&P 500 stock index rose 8.30 points to 1,308.70. Nasdaq 100 futures gained 15.75 points to 2...

Harley-Davidson Inc (NYSE: HOG) is projected to report its Q2 EPS at $0.71 on revenue of $1.26 billion. Yahoo! Inc (NASDAQ: YHOO) is projected to report its Q2 earnings at $0.18 per share on revenue of $1.11 billion. Bank of America Corporation (NYSE: BAC) is expected to post a Q2 loss at $0.90...

BGC Partners, Inc. (NASDAQ: BGCP) today announced the initiation of a Dividend Reinvestment and Stock Purchase Plan. The Company believes that the Plan provides existing and potential investors a convenient and cost-effective method to purchase shares of BGC's Class A common stock. Those...

Get ready for Morgan Stanley (NYSE: MS) earnings! Don't be the last to know: The company announces its next round of earnings this Thursday, July 21, 2011. Wondering what to expect from Morgan Stanley's lastest earnings numbers? We thought so. Here's an advanced look at the company's second...

Blackstone Group (NYSE: BX) earnings are coming up! Don't miss out: The company unveils its next round of earnings this Thursday, July 21, 2011. Need to brush up a bit ahead of Thursday's announcement? We've got just the thing. Here's your essential guide to Blackstone Group's second quarter...

Rodman & Renshaw, LLC, a wholly owned subsidiary of Rodman & Renshaw Capital Group, Inc. (NASDAQ: RODM) announced today the exercise of the over-allotment option granted to the underwriters to purchase 1,350,000 additional shares of common stock, at a public offering price of $4.00 per...

Cusick's Corner Buyers Wanted. The market cannot find a bid and sliced through support, 1300 on the S&Ps, and into the midday traders are waiting to see if a bid shows up in any segment other then bonds. With the Moody's news, battle on Capitol Hill, and continued EU debt risk, the shorts are...

Winners: Walter Energy (NYSE: WLT) is trading up roughly 6.90% near $118.5 after Citigroup initiated coverage with a Buy rating. First Majestic Silver (NYSE: AG) is trading up roughly 5% near $23.70 as the price of silver has risen over 2%. Greenhill & Co (NYSE: GHL) is trading up over 4.70...

Many traders and investors see the 52-week high or low as an important indicator. Stocks that have a long-term trend in a certain direction are likely to continue, as that trend is the path of least resistance. In this case, shares of Goldman Sachs (NYSE: GS) are hitting new 52-week lows. Traders...

This morning, all of the major financial stocks are declining lower. This sector has lead the markets lower throughout the trading year. Stocks such as Bank of America Corp.(NYSE: BAC), and Morgan Stanley(NYSE: MS) are making new 52 week lows this morning. Other leading financial stocks such as...

Greenhill & Co (NYSE: GHL) is up 8% pre-market on the earnings beat earlier this morning. The company reported Q2 EPS of $0.69 vs. $0.33 estimate and revenues of $90.8M vs. $73.10M estimate. Greenhill & Co is currently trading at $50.56 pre-market, a gain 8.73%.