Investment Banking & Brokerage

According to a press release from mergermarket, global mergers and acquisitions were up 28.9% in Q1 2011, compared to the year ago period. Deal value came in at $591 billion. U.S. M&A volume was up 85.1% to versus Q1 2010. Total deal value came in at $268.4 billion. The top global financial...

The Reuters Global Mergers and Acquisitions Summit is taking place April 4-6, 2011 and considering all the action we've seen recently in the M&A space, investors and traders need to know how to play it. Senior bankers told the summit that they expect an M&A cycle lasting several years, as...

Despite a down year for its stock price and profits, Goldman Sachs (NYSE: GS) awarded its CEO Lloyd Blankfein a $5.4 million bonus for 2010. His base salary was $600,000 and received stock grants worth $7.65 million. The embattled CEO famously said that his company was doing "God's work" during the...

OmniVision Technologies Inc (NASDAQ: OVTI) dipped 4.64% to $34.51 in the pre-market session. OVTI purchased Eastman Kodak (NYSE: EK) patents for $65 million. Cytori Therapeutics Inc (NASDAQ: CYTX) fell 3.92% to $7.60 in the pre-market session. CYTX's trailing-twelve-month ROE is -286.17%. TD...

Goldman Sachs (NYSE: GS) CEO Lloyd Blankfein received a $5.4 million cash bonus in 2010, according to regulatory filings. The bonus, only a portion of Blankfein's $19 million compensation package, adds to a $600,000 salary, and more than $12 million in stock. Further, Mr. Blankfein gained more...

When I was studying at McGill University, I wasn't sure what I wanted to do in life so I majored in economics, minored in mathematics and took a bunch of health science courses as electives just in case I wanted to follow my father, brother and friends into medicine. That meant a full year of...

Stifel Nicolaus (NYSE: SF) is facing violations investigations by the SEC, including a 'wells notice,' regarding the company's role in investments with the Wisconsin School District.

The markets moved sharply higher today on the back of the Non Farm Payrolls Report showing an increase of 216,000 jobs in March. The Unemployment Report showed a small decline to 8.8%. The markets opened higher and continued to advance most of the morning on the first day of the second quarter. Not...

News of a secondary equity offering combined with a convertible subordinated note offering has sent shares of A123 systems (NASDAQ: AONE) lower. Shares in the company closed at $6.35 on 3/31 and are trading as low as $5.95 this morning on word of the proposed financing. The offering on the new...

News of a secondary equity offering combined with a convertible subordinated note offering has sent shares of A123 systems (NASDAQ: AONE) lower. Shares in the company closed at $6.35 on 3/31 and are trading as low as $5.95 this morning on word of the proposed financing. The offering on the new...

Credit Suisse is lowering its Q1 EPS estimate on Morgan Stanley (NYSE: MS). “We are reducing our first quarter EPS estimate to $0.32 (from $0.75), largely to reflect the impact of tightening of the firm's own debt spreads and further monoline-related losses,” Credit Suisse writes. Morgan Stanley...

Analysts at Goldman downgrade Greenhill & Co Inc (NYSE: GHL) from “neutral” to “sell.” The target price for GHL has been lowered from $80 to $65. GHL shares fell 0.87% to close at $65.79 yesterday. More Analyst Ratings here

( click to enlarge ) The technical chart of Morgan Stanley (NYSE:MS) is very similar to other stocks in the banking sector. The stock has been in a major corrective phase in the recent weeks. The downtrend that commenced in late february appears to have been completed at the latest low of $26...

According to the New York Daily News, the Bronx Zoo Cobra has been found. The snake was found in the zoo's House of Reptiles today. I figured it had slithered its way into a job at Goldman Sachs (NYSE: GS). Dunkin' Brands may be going public, but the private equity firms who own the company can...

A massive cache of documents released by the Federal Reserve Thursday reveals that banks from every corner of the globe, large and small, turned to the U.S. government's emergency bailout program for help as the credit crisis exploded in late 2008. In addition to global banking giants such as Bank...