Investment Banking & Brokerage

SWS Group, Inc. (NYSE: SWS) today announced that two of the nation's leading proxy advisory firms, Institutional Shareholder Services and Glass Lewis & Co, recommend that SWS Group stockholders vote "FOR" the issuance of warrants to each of Hilltop Holdings Inc. (NYSE: HTH) and Oak Hill Capital...

Investment Tech (NYSE: ITG) Reports EPS of $0.23 vs. $0.23 Estimate; Revenues $150.1M vs. $148.98M Estimate

Below are the top investment brokerage-national stocks on the NYSE and the NASDAQ in terms of PEG ratio Morgan Stanley (NYSE: MS) has a PEG ratio of 1.15. MS' trailing-twelve-month operating margin is 26.86%. CME Group Inc (NASDAQ: CME) has a PEG ratio of 1.38. CME's trailing-twelve-month profit...

UBS initiated coverage on Morgan Stanley (NYSE: MS) in a research report published today. UBS gave Morgan Stanley a Neutral rating and $28 price target. Shares of Morgan Stanley were trading at $25.37 at the time of posting, down 1.36% from Tuesday's market close.

UBS initiated coverage on Goldman Sachs Group (NYSE: GS) in a research report published today. UBS gave Goldman Sachs a Buy rating and $200 price target. Shares of Goldman Sachs Group were trading at $151.60 at the time of posting, down 0.18% from Tuesday's market close.

Gainers (% price change): IMPAC Mortgage Hldgs (IMH) operations include the mortgage and real estate fee-based business activities conducted by Integrated Real Estate Service Corporation (IRES) and the long-term mortgage portfolio (residual interests in securitizations reflected as net trust...

American International Group (NYSE: AIG) is expected to announce its Q1 earnings results on Thursday, May 5. Analysts are predicting AIG will report a loss of $0.15 per share, a dramatic change of course after posting earnings of $1.75 a year ago. In the last seven days, analysts have downgraded...

Dear Prime Minister Harper, Congratulations, on Monday you captured your majority, with the NDP forming historic Opposition. I'll be the first to admit that I thought it would be another minority government, but it turns out the NDP really helped you in Ontario and Quebec, taking away many long...

SWS Group, Inc. (NYSE: SWS), today announced that in a private letter sent on April 28, 2011, Sterne Agee revised its previous unsolicited proposal to acquire all outstanding common shares of SWS Group at a price of $7.50 per share in cash. Consistent with its fiduciary duties and after careful...

Bloomberg reports that a Senate report is critical of Goldman (NYSE: GS) under a review by the Justice Dept.

In yesterday's issue, I published a conversation I had with an anonymous copper fabricator executive. He played his cards understandably close to his vest, but he did raise an issue that I believe deserves further inspection. I'm talking about the issue of...

Ex-Goldman Sachs (NYSE: GS) Programmer Aleynikov Seeks Bail During Appeal, Reported By Bloomberg

FBR Capital Markets Corporation (Nasdaq: FBCM), a leading investment bank serving the middle market, today reported that Mark Koontz has joined the firm effective today. Mr. Koontz joins as a Managing Director in Credit Sales and is based in the Company's Arlington, VA offices. Mark joins a team of...

The answer isn't all that surprising. Speaking to The Early Show, Howard Lutnick (the CEO of Cantor Fitzgerald, the company that lost 658 of its employees during the terrorist attacks on 9/11) said that he was glad the United States finally took down Osama bin Laden. “I'm glad we got him,” he...

Biogen Idec (NASDAQ: BIIB) announced that a newly-developed MS drug known as BG-12 has shown to be even more effective in clinical studies than Copaxone. If all goes according to plan, BG-12 will hit the market in late 2012 or the first half of 2013. Biogen Idec Inc. (Biogen Idec) is a global...