Investment Banking & Brokerage

Exchange traded products are themselves a young investment product, so perhaps it should come as no surprise that they are proving popular with younger investors. ETFs make up about 10% of the average Generation X or Y investment portfolio, according to recent client data from discount broker TD...

Greenhill & Co. (NYSE: GHL) has hit a 52-week low in today's trading. At last check, the year-to-date performance Greenhill has been a loss of 16%.

Oil bounced today after dropping sharply the last two days. After topping out around $113.00 per barrel last Friday, oil collapsed into the $105.00 range. This drop over the last two days scared many speculators into selling oil. News hit the market that Goldman Sachs Group, Inc. (NYSE: GS) had...

What a turnaround the market is making this morning! The S&P 500 e-mini futures are trading higher by 9.50 points to 1317.75 per contract. This move higher in the futures before the opening bell at the New York Stock Exchange is almost recapturing all of yesterday's sharp decline. Could this...

SCG Financial Acquisition (SCGQU) today announced the pricing of its initial public offering of 8,000,000 units at a price of $10.00 per unit for gross proceeds of $80,000,000.  Each unit issued in the initial public offering consists of one share of common stock and one warrant to purchase one...

J.P. Morgan reported better than expected earnings this morning, and it's good to be Jamie Dimon this morning. First quarter profit rose 67% from a year ago, as the company reported earnings of $1.28 per share on revenues of $25.2 billion. Wall Street expected earnings of $1.15 per share on $25....

Cusick's Corner As I look at the market and its current state, I turn to those offensive sectors as a gauge of strength -- XLF, XLE, QQQQ, and XLY. Financials and Energy have been lagging the recent run up and now are challenged. It is notable that all four of these sectors are in the red. So...

Commodities slid the most in four weeks, led by declines in oil, wheat and industrial metals, after Japan raised the severity rating of its nuclear crisis and earthquakes struck the nation. The markets were further impacted by Goldman Sachs' (NYSE: GS) commodity team closing trades and arguing...

Shares of Morgan Stanley (NYSE: MS) are lower on the session by 1.19%, trading at $26.59. Overall call volume is now running at 2.01x the daily average, with 45% of all calls traded being purchases on the offer. 16,857 contracts have traded on the session so far. Morgan Stanley is a global...

The markets are seeing a steep decline today as broad based commodity dumping surges. The SPDR S&P 500 ETF (NYSE: SPY) is trading at $131.16, -1.30 (-0.98%). Oil is leading the decline for a second straight day as spot crude has fallen from $113 a barrel two days ago to its current level at $...

Goldman Sachs (GS) rocked oil markets for a second day on Tuesday by calling for a near $20 fall in the price of Brent crude oil in the coming months, saying speculators have pushed prices ahead of fundamentals. It was the second warning of a steep market reversal from the long-term commodity bull...

Best 1) Community Health Systems (NYSE: CYH): Shares are vaulting 16.57% to $30.18. The stock took a huge hit in yesterday's session, trading down as low as $22.32 after Tenet Healthcare (NYSE: THC) filed a lawsuit against the company alleging illegal admission of patients in order to benefit...

Goldman (NYSE: GS) Says Oil (NYSE: OIL) (NYSE: USO) Is Due For A Correction, according to CNBC.

Best 1) Excelixis (NASDAQ: EXEL): Trading up 11.67% to $12.34 after a report came out saying that the company is working Goldman Sachs (NYSE: GS) to prepare for takeover offers. The action is in response to a positive study regarding its experimental prostate-cancer drug. 2) Kit digital (NASDAQ:...

Marvell Technologies (NASDAQ: MRVL) Files Lawsuit Against Goldman Sachs (NYSE: GS)