Investment Banking & Brokerage

Shares of Goldman Sachs (NYSE: GS) hit a 2-year low on Tuesday, as global economic uncertainty and a toughening regulatory environment weighed on the stock. Goldman stock closed below $130 yesterday, a precipitous fall from its $175 price in January. The looming Dodd-Frank financial overhaul has...

Online social media company Zynga, popular for its interactive games like Words with Friends and FarmVille, is looking to raise between $1.5 billion and $2 billion in an initial public offering, a source familiar with the matter said. An IPO filing could be submitted to the SEC as soon as...

Credit Suisse has lowered the price target on Goldman Sachs Group (NYSE: GS) from $190 to $170 and maintains its Outperform rating.

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Tuesday's trading session: 1) CIGNA (NYSE: CI): Shares of CIGNA hit a 52-week high of $51.16 in Tuesday's...

TJX (TJX), a discount apparel and home decor chain, rose 3% to 51.54 after Goldman Sachs (GS) raised its price target to $61 from $56.

One of the leading financial stocks in the entire stock market is Goldman Sachs Group Inc.(NYSE: GS). Since April 2010, this stock has been surrounded by a black cloud. Last year, the company paid out a record $550 million to settle with the Securities and Exchange Commission (SEC) over fraud...

Goldman Sachs Group, Inc. (NYSE: GS) shares continue to take a hit, and are near lows of the session, down almost 2%, despite the broader markets being up more than 1%. At last check, shares of Goldman were off $2.11 to $128.60, a loss of 1.61%‎ on 4.7 million shares. This comes as the Dow is up...

Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Goldman Sachs' Best Tech Stocks for 2011 It's been tough sledding for technology stocks this year, and Goldman Sachs' (NYSE: GS) "conviction buy" list for tech companies are indicative of that, showing mixed...

The large major financial stocks are not rallying higher with the major stock indexes this morning. This leading sector continues to struggle on the charts. Most of the leading financial stocks remain in sharp down trends. Traders can simply look at a chart of the Financial Select Sector SPDR (NYSE...

by J. Royden Ward, editor Cabot Benjamin Graham Value Letter The performance of Teva Pharmaceutical Industries (TEVA) has been disappointing for quite some time now. Investors have avoided TEVA because its largest selling drug, Copaxone, which treats multiple sclerosis (MS), will meet some new...

Investment fund GSV Capital's (GSVC) shares shot up after it invested $6.6 mil to buy 225,000 shares in the social networking site for an average price of $29.28 per share, below what shares were trading for recently on private stock exchanges. Privately held Facebook is expected to file for an...

Morgan Stanley (MS) said the online retail leader will post strong sales growth during the holiday shopping season, as more people shift their buying to Web sites. It also noted Amazon's (AMZN) broadening merchandise selection, shipping rates and pricing strategy. Its price target was raised to $...

New York Mortgage Trust (Nasdaq: NYMT) announced today that it has commenced an underwritten registered public offering of 2,000,000 shares of common stock. NYMT also expects to grant the underwriters an option to purchase up to an additional 300,000 shares of common stock to cover over-allotments...

The large major banks are catching a bid higher this morning. This leading industry group has been very weak recently on the daily charts. Therefore, when the large major financial banks rally higher it is very difficult to see the major stock indexes come under pressure. J.P. Morgan Chase &...

KBW is out with its report today on MF Global (NYSE: MF), maintaining Outperform. In a note to clients, KBW writes, "We caught up with MF's Brad Abelow, Chief Operating Officer, whose team remains zeroed in on transforming MF's earnings power and mix. Senior management sees substantial opportunity...