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Commercial Real Estate Week in Review
Saturday, July 2, 2011 - 12:01am | 451Commercial Real Estate Week in Review for the week of June 25th to July 1st - REITs Dwarfed Private Equity in the First Quarter - Healthcare Funds Outperform Commodity and Energy Funds by a Mile - Low Interest Rates Become a Plus for Mortgage REITs - Excel Trust, Inc. (NYSE: EXL) Names Price for...
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Benzinga's Top ETF Decliners, July 1st (VZZ, SOXS, DRV, FAZ)
Friday, July 1, 2011 - 5:30pm | 182iPath Long Enhanced S&P 500 VIX Mid Term Futures ETN (NYSE: VZZ) led the decliners among the ETFs on Friday, with a loss of 15.85%. This was the fifth consecutive trading session that VZZ closed lower. Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) dropped 6.41%, and closed at $60.16...
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Top Ten Highest-Paid CEOs
Friday, July 1, 2011 - 3:28pm | 427Life is good at the top, isn't it? In a time when millions of Americans are unemployed and millions more are vastly underemployed, the very top of the food chain — corporate CEOs — raked in some pretty ridiculous cash. How ridiculous? You could take the top 299 CEOs most recent compensation and,...
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Will Wall Street Ever Be the Same?
Friday, July 1, 2011 - 9:27am | 753By Todd Harrison The leaders coming out won't be the same as the leaders we're used to. The Wall Street Journal had an interesting article yesterday entitled Wall Street Turns the Gun on Itself, and I would like to add some observations from my perch. We've seen a seismic shift in the DNA of...
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Goldman Sachs Discusses Morgan Stanley, Mitsubishi Financial Deal
Friday, July 1, 2011 - 7:43am | 212Goldman Sachs is out with a research report on Morgan Stanley (NYSE: MS) as the company announced it had completed the conversion of Mitsubishi Financial Group's preferred securities into common stock, which will result in a $1.7 bn non-cash charge to 2Q11 earnings. It has a Neutral rating and a $...
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Goldman Sachs Warning Of Lay Offs
Thursday, June 30, 2011 - 12:15pm | 189Beleaguered investment bank Goldman Sachs (NYSE: GS) is likely going to lay off around 230 employees according to the Wall Street Journal. The Wall Street house cited economic reasons for the move. In a notice dated June 29, Goldman said a "plant layoff" may affect those employees between late...
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Goldman Sachs Reiterates Buy and PT of $40 on Raymond James Financial
Thursday, June 30, 2011 - 9:04am | 46Goldman Sachs reiterated its Buy rating on Raymond James Financial (NYSE: RJF). At the same time, Goldman left its price target on the company's stock unchanged at $40. In today's trading, RJF lost 0.93% of its value to stand around $31.85.
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US Stock Futures Up Ahead Of Jobless Claims, Chicago PMI Data
Thursday, June 30, 2011 - 5:24am | 444US stock futures are higher this morning, as investors are awaiting jobless claims and Chicago PMI data. Futures on the Dow Jones Industrial Average surged 24 points to 12,242.00 and futures on the S&P 500 stock index rose 2.50 points to 1,306.80. Nasdaq 100 futures gained 6.00 points to 2,300....
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What's Hot On TheStreet
Wednesday, June 29, 2011 - 12:20pm | 230Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet 5 Top Energy Stocks From Goldman Sachs Energy stocks have been bruised and battered over the past three months, but Goldman Sachs (NYSE: GS) remains firm on its outlook for five stocks in the industry. Downsides...
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New Morgan Stanley Oil ETN Debuts Today
Wednesday, June 29, 2011 - 11:54am | 234Morgan Stanley (NYSE: MS) introduced the Morgan Stanley S&P 500 Crude Oil Linked ETN (NYSE: BARL) today, a new ETN designed to give investors exposure to the S&P 500 index and an equal weighted combination of near-term NYMEX West Texas Intermediate Light Sweet Crude and ICE Brent Crude Oil...
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Did You Miss It: Another Bailout For The Banks
Wednesday, June 29, 2011 - 11:45am | 296The financial stocks are soaring today on yet another bailout. Europe just bailed out Greece and by doing so, saved the world from yet another global financial crisis. Many will not understand how this was a bank bailout, yet again. Let me explain. If Greece did not get their bailout, they would...
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Large Financial Stocks Rally On Greek Austerity Vote
Wednesday, June 29, 2011 - 9:27am | 232The large financial stocks are trading sharply higher this morning. This sector has been under severe selling pressure until today. It appears that the Greek austerity vote has helped to lift the large financial stocks this morning. Recently, there have been many rumors in the trading community...
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5 Energy Stocks Picked by Goldman Sachs
Wednesday, June 29, 2011 - 9:04am | 97(TheStreet) -- Energy stocks have been bruised and battered over the past three months, but Goldman Sachs (NYSE: GS) remains firm on its outlook for five stocks in the industry. Energy shares have risen and fallen on international and political extremes. In the latest unpredictable event, the...
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Credit Suisse Updates 6/29/11
Wednesday, June 29, 2011 - 7:25am | 174Penn Virginia Corp (NYSE: PVA) had its rating downgraded from Outperform to Neutral. At the same time, its price target was reduced from $22 to $15. On Tuesday, Penn Virginia lost 3.39% of its value to finish the day at $13.96. Its shares continued to slide in today's pre-market trading, falling 2....
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Deutsche Bank Updates 6/29/11
Wednesday, June 29, 2011 - 6:59am | 829Deutsche Bank made a number of updates in a research report published today. Legg Mason (NYSE: LM) had its rating upgraded from Hold to Buy. At the same time, its price target was raised from $36 to $38. On Tuesday, Legg Mason added 0.5% to its value to end the day at $31.94....