Investment Banking & Brokerage

Another nice day for stocks has pushed the S&P 500 right to resistance at 1,335 as the first quarter winds down. If funds are buying stocks and "window dressing", as I suggested yesterday, then we may see them dump those stocks during the first couple of days of...

Deutsche Bank is out with its report on Morgan Stanley (NYSE: MS), maintaining Buy. In a note to clients, Deutsche Bank writes, "Given the improving, though volatile, macro backdrop, Morgan Stanley's significant upside potential in capital markets and wealth management, and its current valuation,...

Merriman Holdings, Inc. (Nasdaq: MERR) today released earnings for 2010. Fourth quarter revenue was $10.9 million, representing a growth of 89% over the fourth quarter 2009. Net income was $1.3 million, or $0.57 per share, for the fourth quarter 2010 compared to net income of $13.4 million, or $...

Shares of The Charles Schwab Corporation (NASDAQ: SCHW) are higher on the session by 1.79%, trading at $18.19. Overall call volume is now running at 10.76x the daily average, with 60% of all calls traded being purchases on the offer. 2,605 contracts have traded on the session so far. The Charles...

Deutsche Bank has published a report on MF Global (NYSE: MF) following meetings with the CEO and CFO. According to Deutsche Bank, "We recently had MF Global's CEO, Jon Corzine, and newly appointed CFO (effective April 1), Henri Steenkamp, on the road, and while the current environment is mixed (...

BATS Global Markets expects to launch a primary listings market in the U.S. during the fourth quarter. This would compete with current primary-listings markets like the New York Stock Exchange (NYSE: NYX) and the NASDAQ market (NASDAQ: NDAQ), as well as additional pinksheet markets owned by firms...

BATS Global Markets expects to launch a primary listings market in the U.S. during the fourth quarter. This would compete with current primary-listings markets like the New York Stock Exchange (NYSE: NYX) and the NASDAQ market (NASDAQ: NDAQ), as well as additional pinksheet markets owned by firms...

Goldman Sachs (GS) is one of the largest investment firms on Wall Street, and has a footprint throughout the financial universe. In a two-part series, we decided to take a look at Goldman's 39 equity mutual funds, and how much they increased and decreased positions in their top 30 holdings. While...

(TheStreet) -- The S&P 500 Index has risen more than 4% in 2011, a faster pace than last year. But, recent geopolitical uncertainty has held back gains. The benchmark for U.S. stocks has fallen from a high of 1,343 reached Feb. 18. Unrest in the Middle East and the subsequent spike in the...

Woodside Petroleum, Australia's second-largest oil and natural gas producer, saw its shares perk up on Friday on the renewal of an old rumor and one that Goldman Sachs (NYSE: GS) has its doubts about: That a suitor is preparing to make a move on Woodside. The scuttlebutt started up again as Royal...

Shares of E*Trade Financial Corporation (NASDAQ: ETFC) are currently trading lower on the session by 1.68%, at $15.83. With the recent plethora of analyst action in the name, it begs the question of where shares are headed from here. Bulls: On the analyst front, S&P recently raised ratings...

Rodman & Renshaw, a wholly owned subsidiary of Rodman & Renshaw Capital Group (NASDAQ: RODM), announced that it has acted as a co-manager to Prime Acquisition (NASDAQ: PACQU) who announced the pricing of its initial public offering on March 24, 2011. The initial public offering was for an...

Rodman & Renshaw, a wholly owned subsidiary of Rodman & Renshaw Capital Group (NASDAQ: RODM), announced that it has acted as a co-manager to Prime Acquisition (NASDAQ: PACQU) who announced the pricing of its initial public offering on March 24, 2011. The initial public offering was for an...

Jan Hatzius, chief economists at Goldman Sachs (NYSE: GS) said that as the government reduces fiscal policy, economic growth will drag. Hatzius said that he sees a modest uptick in interest rates over the next year, but does not expect anything major. He said he sees the Federal Reserve ending...

The Latin American McDonalds (NYSE: MCD) operator, Arcos Dorados Holdings, has filed for an initial public offering (IPO) in the U.S. of up to $1.08 billion. Arcos Dorados plans to sell 62.5 million shares of McDonalds for $13-$15 a share. An additional 9.4 million shares may be sold as well....