Investment Banking & Brokerage

Morgan Stanley(NYSE: MS) or better know as Goldman Lite is struggling to trade higher today. The stock has a somewhat weak pattern on the daily chart and has been under pressure for the past eight trading session. Short term scalp traders can look for intra-day support on MS around the $$29.18...

As the hype for social media companies only continues to escalate, Twitter co-founder, Biz Stone, said it has no plans to go public anytime in the near future. Stone also said that Twitter wishes to remain independent and that it is not even discussing an IPO prospect internally, according to the...

Today we're going to see the release of the initial and continuing jobless claims for the weeks ending February 26, and February 19, respecitvely.   Initial claims are expected to rise to 400,000, up from the week prior of 391,000.  Continuing claims are expected to rise...

After the close on Wed. 3/2, S&P announced weekly sharecount changes impacting three financial companies that will be effective after the close on Wed. 3/9, KBW reports. “S&P is increasing the sharecount of SLM Corporation (NYSE: SLM) and decreasing the sharecount of Assurant Inc. (NYSE:...

Analysts at UBS initiate coverage of TD Ameritrade Holding Corp (NASDAQ: AMTD) with a “neutral” rating. The target price for AMTD is set to $23.   AMTD shares rose 0.88% to close at $21.59 yesterday.    <a href="http://www.benzinga.com/analyst-ratings...

Jim Cramer said on CNBC's Mad Money Lightning Round OT that he doesn't want to buy World Wrestling Entertainment, Inc. (NYSE: WWE), because he believes that the dividend yield is not enough to protect this stock, and it has no growth. World Wrestling Entertainment, Inc. (WWE) gained 1.49% today,...

Add another brokerage to the growing list of those offering commission-free trades on select ETFs, though this announcement is far from earth-shattering. Interactive Brokers said today it will offer commission-free trades on five FactorShares ETFs. The ETFs are as follows: FactorShares 2X: S&...

Direxion Daily Real Estate Bull 3X (ETF) (NYSE: DRN) led the decliners among the ETFs today, with a drop of 8.93%. In the real estate space, First Industrial Realty Trust, Inc. (NYSE: FR) fell 3.66%, and Simon Property Group, Inc (NYSE: SPG) lost 2.73%. ProShares UltraShort DJ-UBS Crude Oil ETF (...

Rajat Gupta is stepping down from the Procter & Gamble (NYSE: PG) board. This comes after Gupta was charged by the SEC for insider trading, by providing Raj Rajaratnam information on Goldman Sachs (NYSE: GS) and Procter & Gamble (NYSE: PG) that was not public.

Ex-Goldman Sachs (NYSE: GS) board member Rajat Gupta has been arrested on an insider trading case, giving hedge fund manager Raj Rajaratnam information that's been deemed illegal. Rajaratnam, who managed the Galleon fund, made over $900,000 in profits after Gupta tipped Rajaratnam off over the...

Goldman Sachs' (NYSE: GS) ex-board member, Rajat Gupta, is charged by SEC for providing confidential information.

The markets are fading off the highs of the day as lingering global fears persist. In addition, this is a classic retrace back higher after the major drop last week. A retrace states that after a significant two or more day move, the market or stock making the move will jump in the opposite...

Warren Buffett doesn't want the $5 billion that Goldman Sachs (NYSE: GS) owes him, at least not yet. Buffett said Goldman Sachs Group Inc. will likely received Federal Reserve approval this year to repay the $5 billion he lent the company during the financial crisis of 2008, which will hurt...

Two weeks ago I decided to sell my shares of E*Trade (NASDAQ: ETFC) after concluding it did not fit my investment criteria. It was one of my successful picks for 2010 and I made money having sold puts establishing a base price of $13.50. It closed Friday February 25 at $15.89. I might not have...

Blackstone (NYSE: BX), the private equity firm, will acquire the U.S. assets of Australia-based Centro, the debt-heavy shopping mall operator, for $9.4 billion. Blackstone agreed to pay book value for the assets which Centro has valued at around $9.4 billion, Reuters reported, citing a source...