Investment Banking & Brokerage

Schwab (NASDAQ: SCHW) ticks higher in pre-market trading after beating EPS estimates of $0.19 with a $0.20 report and beating revenue estimates of $1.18B with a $1.21B report. At last check, shares of Schwab were trading 1.5% higher than yesterday's close.

The Charles Schwab Corporation (NYSE: SCHW) announced today that its net income was $243 million for the first quarter of 2011, up from $6 million for the first quarter of 2010. Total net revenues $1.21B EPS $0.20

The popular car-rental service Zipcar (NASDAQ: ZIP) is feeling the pain of shoddy underwriting. JP Morgan (NYSE: JPM) and Goldman Sachs (NYSE: GS) underpriced the deal costing the company $50 million as the price soared almost 70% above the IPO price. The underwriters sold Zipcar shares to...

The popular car-rental service Zipcar (NASDAQ: ZIP) is feeling the pain of shoddy underwriting. JP Morgan (NYSE: JPM) and Goldman Sachs (NYSE: GS) underpriced the deal costing the company $50 million as the price soared almost 70% above the IPO price. The underwriters sold Zipcar shares to...

The world's largest electronics retailer by sales Best Buy Co. (BBY) plan to grow its online and mobile businesses while scaling back its “big box” retail space as part of a broader strategy to combat declining sales and rising competition. China's economy grew at a slightly slower rate in the...

Remember when investors were shocked when Google (NASDAQ: GOOG) offered $6 billion to buy online coupon site Groupon? Further, remember the astonishment when Groupon turned Google down? It appears that the rejection had merit: a source familiar with the matter is saying that Groupon is looking at...

Bank of America Corporation (NYSE: BAC) is projected to report its Q1 EPS at $0.27 on revenue of $26.69 billion. Charles Schwab Corporation (NYSE: SCHW) is estimated to post its Q1 earnings at $0.19 per share on revenue of $1.18 billion. Mattel Inc (NASDAQ: MAT) is expected to report its Q1 EPS...

Some of the stocks that may grab investor focus today are: Wall Street expects Charles Schwab Corporation (NYSE: SCHW) to report its Q1 earnings at $0.19 per share on revenue of $1.18 billion. SCHW shares gained 0.33% to $18.28 in after-hours trading. Analysts are expecting Bank of America...

Morgan Stanley (NYSE: MS) wants to issue 35M additional shares for comps. They would issue shares to 2007 incentive comp plan.

Goldman Sachs Group Inc.(NYSE: GS) has long been know as the smartest firm on the street. However, its golden image has been tarnished since the credit crisis in 2008. In July 2010, the company paid a record $550 million fine by the Security and Exchange(SEC) to settle charges that Goldman misled...

The stock market came back from the edge of the abyss today, but they did it while their central nervous system , also known as the financial sector, is acting like it has caught a spring case of influenza.Goldman Sachs (NYSE:GS) dropped nearly 3 percent after Sen. Carl Levin, D-Mich., said that...

President Barack Obama announced yesterday that he would try to cut $4 trillion from the deficit over the next 12 years. A Senate panel said that Goldman Sachs (NYSE: GS) and Deutsche Bank (NYSE: DB) misled investors about CDO's based on the housing market. The 14 largest U.S. mortgage servicers...

By Betty, of Hedge Fund Live - The last time Goldman Sachs (GS) got in trouble with the SEC was almost exactly one year ago on April 16, 2010. How did GS along with the other U.S. banks trade on the day of and days following the negative news last April on Goldman? The charts below show you how...

Bloomberg announced that FINRA has fined Jeffries (NYSE: JEF) $1.5M on conflict disclosure in sale.

Bloomberg reports that Evercore Partners (NYSE: EVR) hired Raymond Strong III from Goldman Sachs (NYSE: GS) to build out its energy investment-banking group. Strong was most recently a managing director in Goldman's global natural resources group where he advised on a Chevron (NYSE: CVX)...