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Goldman Sachs Brings Asset Allocation Savvy to Its 401K Plan
Friday, June 3, 2011 - 9:41am | 3868Retirement investing is a long term process. This report reviews The Goldman Sachs 401(k) Plan . We will discuss the investment choices and present the plan rating by MyPlanIQ. Current economic and market conditions are discussed in the context of the investment portfolios in the plan. We will...
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Goldman Was The Tell
Friday, June 3, 2011 - 9:03am | 93Goldman Sachs Group, Inc. (NYSE: GS) shares were the tell this morning, as we have rallied significantly since the open of trading. I wrote that Goldman Sachs shares were being bid, while everything else was being hit hard. Since then, the equity markets have cut their losses in half, and the ISM...
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Is Goldman Sachs Telling Us Where We Go Today?
Friday, June 3, 2011 - 8:39am | 89Goldman Sachs Group, Inc. (NYSE: GS) shares have been bid since the opening bell, and stocks are off their worst levels of the session, albeit still markedly lower. In 20 minutes the ISM Services Index report is going to be released. This number will more than likely tell us where we go the rest...
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TradeStation Group Reports 81,842 DARTs in May
Friday, June 3, 2011 - 6:43am | 51TradeStation Group, Inc. (Nasdaq: TRAD) today reported the following business metrics for the month ended May 31, 2011: -81,842 Daily Average Revenue Trades -Total client assets of $2.5 billion (as of May 31, 2011) -Average equities client credit balances of $1.1 billion -Average equities...
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Pandora Media To Offer 13.64M Shares in IPO
Friday, June 3, 2011 - 6:41am | 113Pandora Media Inc announced its plans to offer 13.64 million shares at an expected price of $7 to $9 per share in its initial public offering (IPO) of common stock. Pandora Media's stock will trade under the symbol “P” on the New York Stock Exchange (NYSE). Pandora Media will raise $109 million...
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Market is Damaged -- Levels to Watch 06-02-2011
Thursday, June 2, 2011 - 5:32pm | 911Cusick's Corner No surprise that the market finished at breakeven. The data tomorrow, Unemployment, will be scrutinized and a lot of investors will then find out how much of that selling from the previous session was in front of what could be a bad number. The reality is that this market is...
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Groupon IPO Follows a Year of Success, Big Deals and Buyout Offers
Thursday, June 2, 2011 - 4:59pm | 573We knew it was coming. Groupon's prospective IPO has been the talk of the town ever since Google (NASDAQ: GOOG) attempted to acquire the daily deal organization last fall. The reports were all but daily, with every rumor indicating that Groupon would be sold to the search engine giant. Groupon...
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Downside Should Be Respected 06-02-2011
Thursday, June 2, 2011 - 2:41pm | 1011Cusick's Corner Where do you start? Well for one the data was not good (ISM/Claims showing slower growth) and Greece looked for certain to go into default. But wait, the ECB announces a new plan to bailout Greece, popping the Euro and other Currencies (especially commodity based currencies like...
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Goldman Subpoenaed Over Senate Report
Thursday, June 2, 2011 - 1:02pm | 104The legal troubles at Wall Street titan Goldman Sachs (NYSE: GS) may have just grown deeper. Goldman has been subpoenaed by the Manhattan District Attorney's office and New York State in response to negative information that came to light in a Senate report that accused the bank of misleading...
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Goldman Sinks on Subpoena, Bove Says Bail
Thursday, June 2, 2011 - 1:00pm | 98(TheStreet) -- Goldman Sachs(GS) stock is down on published reports that the firm has received a subpoena from the New York District Attorney's office. Goldman Sachs' stock fell two percent to $133.50 after the news. Rochdale Securities analyst Richard Bove told TheStreet that he expects the...
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Doug Kass Positive On Markets Mid-Day
Thursday, June 2, 2011 - 12:10pm | 84Doug Kass tweeted that he was positive on the markets as the reversal to the upside in financials and the weakness in the consumer staples was a positive sign for the markets. Names to consider are Goldman Sachs (NYSE: GS), Citigroup (NYSE: C), J.P. Morgan (NYSE: JPM) in the financial sector.
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Market Alert: Stocks Lower Ahead Of Key Jobs Report
Thursday, June 2, 2011 - 10:58am | 294The markets are floating lower today on the back of continued worries over the economy. The SPDR S&P 500 ETF (NYSE: SPY) is trading at $131.32, -.55 (-.42%). The ADP Private Sector Employment numbers shocked the markets yesterday and are continuing to weigh today. Investors are hesitant to go...
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Financials Dropping On Goldman Sachs Subpoena, Moody's Watch
Thursday, June 2, 2011 - 8:55am | 124Just what the market needed was more bad news. Goldman Sachs (NYSE: GS) shares are dropping on news that a Manhattan Prosecutor is subpoenaing the company. In addition to this bad news, Moody's has put the debt of Citigroup, Bank of America and Wells Fargo (NYSE: WFC) on credit watch. As a...
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Financial Stocks Lead The Decline
Wednesday, June 1, 2011 - 9:24am | 273The major financial institutions have been holding steady over the past week, however, this morning, the large financial stocks are leading the major stock indexes lower. When the major financial stocks decline it will certainly put a lot of pressure on the S&P 500 Index. The financial sector...
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Shale Oil's Promising Future
Wednesday, June 1, 2011 - 9:07am | 172(TheStreet) -- Two important pieces appeared over the holiday weekend to increase the enormous interest being generated in shale oil -- one a research report from Morgan Stanley (NYSE: MS) and an in-depth piece by the New York Times. Both pieces point investors in one common direction - towards...