Investment Banking & Brokerage

E*TRADE Financial Corporation (NASDAQ: ETFC) today announced that it proposes to offer, subject to market and other considerations, $435 million in aggregate principal amount of senior notes due 2016. Actual terms of the notes, including the interest rate, principal amount, and redemption...

Suburban Propane Partners (SPH) is trading at a price of $52.90, a dramatic change of -0.49 with % change of -0.92 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 1.87B. TTM Gross Margin- 19.9%, TTM...

Bank of America has raised its price target from $51 to $54 on Lazard (NYSE: LAZ) and is also reiterating its Buy rating on the stock. Says Bank of America, in its report, “We reiterate our Buy rating and raise our PO to $54 from $51; despite recent weakness in LAZ shares, having underperformed...

Bank of America has raised the price objective on Lazard (NYSE: LAZ) from $51 to $54 and maintains its Buy rating.

Tree.com Inc (TREE) is trading at a price of $6.33, a dramatic change of 0.93 with % change of 17.22 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 69.43M The First Bancshares Inc. (FBSI) is trading...

Tom Cullis here. Kevin McElroy is taking some time off to be with his wife and their new baby boy. He'll be back! But in the meantime, he's asked me to discuss a concept known as Free-Gold. You can read parts 1 and 2 by clicking here and here. Here's what could...

Many stocks have fallen sharply over the last week as the Dollar made a dramatic low and surged higher. Today, the Dollar is ripping higher, forcing the stock market lower. The PowerShares DB US Dollar Index Bullish (NYSE: UUP) is currently trading at $21.64, +0.10 (+0.46%). This is another big...

Shares of TD Ameritrade Holding Corporation (NASDAQ: AMTD) are lower on the session by 0.38%, trading at $21.04. Overall put volume is now running at 2.52x the daily average, with 50% of all puts traded being purchases on the offer. 1,010 contracts have traded on the session so far. TD...

The Charles Schwab Corporation (NYSE: SCHW) released its Monthly Market Activity Report today. Company highlights for the month of April 2011 include: Net new assets brought to the company by new and existing clients in April 2011 totaled negative $0.5 billion, reflecting client cash...

As I wrote yesterday, my wife and I just had our first son. While I'm out of the office for a short period of time, I've asked my friend, colleague and fellow gold investor Tom Cullis to explain a somewhat complicated concept known as "Free-Gold...

Cusick's Corner The Bears were not able to garner momentum after the open and by the Midday lost all ground. This is encouraging for equities that the bid was able to hold and get the market into the green. We also saw that the Dollar has crept back below mid-term support, 50-Day Simple Moving...

Cusick's Corner The Bears were not able to garner momentum after the open and by the Midday lost all ground. This is encouraging for equities that the bid was able to hold and get the market into the green. We also saw that the Dollar has crept back below mid-term support, 50-Day Simple Moving...

Goldman Sachs Group, Inc. (NYSE: GS) shares are continuing their slide, and are now down over 3% on more than three times the average daily volume, as noted bank analyst Dick Bove downgraded the stock. Bove cut his rating to Sell. Bove of Rochdale Securities downgraded the name and cut the price...

Robert W. Baird downgraded Cisco Systems Inc (NASDAQ: CSCO) from “outperform” to “neutral.” CSCO's shares closed at $17.78 yesterday. Cisco's trailing-twelve-month ROA is 7.03%. Bank of America downgraded Vail Resorts (NYSE: MTN) from “buy” to “neutral.” MTN's stock closed at $48.07 yesterday....

Dick Bove at Rochdale Securities has downgraded Goldman Sachs (NYSE: GS), and cut the price target to $120 from $163, as Bove believes that the Department of Justice will soon bring a suit against the New York-based investment bank, based on pressure from Capitol Hill. In the note Bove writes, "...