Investment Banking & Brokerage

E*TRADE Financial Corporation's (ETFC) fourth-quarter net loss of 11 cents per share was significantly below the Zacks Consensus Estimate of earnings of 4 cents. The loss compares unfavorably with earnings of 3 cents in the prior quarter but favorably with loss of 36 cents per share in the prior-...

Invesco Limited's (IVZ) fourth quarter earnings of 44 cents per share breezed past the Zacks Consensus Estimate by 4 cents. The results also compare favorably with earnings of 30 cents in the prior-year quarter. On a GAAP basis, earnings came in at 37 cents per share, compared with 25 cents in...

E*TRADE Financial Corporation's (ETFC) fourth-quarter net loss of 11 cents per share was significantly below the Zacks Consensus Estimate of earnings of 4 cents. The loss compares unfavorably with earnings of 3 cents in the prior quarter but favorably with loss of 36 cents per share in the prior-...

Morgan Stanley (NYSE: MS) has been leading financial stocks higher during Thursday's trading session. The stock has jumped 3.04% to $29.85. Over the last month, MS shares have added 8.5% and in the last three months the name is up more than 22%. The stock trades at a trailing P/E of 11.35, a...

Shares of New York, New York-based E*TRADE Financial Corporation (Nasdaq: ETFC) are trading up 4.5% at $16.50 per share during the Thursday afternoon trading session. The day's trading range for shares of E*TRADE Financial Corporation has been between $15.86 and $16.85 per share. Analysts covering...

Alcon Inc. (ACL) reported fourth quarter 2010 earnings of $1.74 per share, beating the Zacks Consensus Estimate of $1.70 and 8.1% ahead of the year-ago figure. The fiscal year also saw the company beating the Zacks Consensus Estimate by 4 cents. Earnings in fiscal year 2010 came in at $7.71 per...

Alcon Inc. (ACL) reported fourth quarter 2010 earnings of $1.74 per share, beating the Zacks Consensus Estimate of $1.70 and 8.1% ahead of the year-ago figure. The fiscal year also saw the company beating the Zacks Consensus Estimate by 4 cents. Earnings in fiscal year 2010 came in at $7.71 per...

Here is our latest conversation …. new insights for anyone who invests in anything. This week we again discuss the muni Bond “problem.” And what's a bubble really? NEW! NEW! We are now tracking the idea stocks that Andrew and John comment on in each episode. Here is the link… Listen to reasons why...

Abercrombie & Fitch Company (NYSE: ANF) was downgraded by FBR Capital from "outperform" to "market perform." ANF's shares closed at $49.59 yesterday. Abercrombie & Fitch's trailing-twelve-month profit margin is 3.23%. Analysts at RBC Capital downgrade Radioshack Corporation (NYSE: RSH) from...

Rex Energy Corporation (NASDAQ: REXX) dipped 11.22% to $11 in the pre-market session. REXX projected 71% to 95% rise in 2011 output. Starbucks Corporation (NASDAQ: SBUX) lost 2.54% to $32.23 in the pre-market session. SBUX projected FY11 earnings of $1.44 to $1.47 per share, down from analysts'...

Analysts at JMP Securities downgrade Piper Jaffray Companies (NYSE: PJC) from “outperform” to “market perform.” PJC shares surged 16.28% to close at $41.93 yesterday. More Analyst Ratings here

Legg Mason Inc.'s (LM) third-quarter 2011 earnings of 73 cents per share significantly outpaced the Zacks Consensus Estimate of 43 cents. Reported quarter results included 10 cents per share in transition-related costs and 4 cents per share of costs related to a closed-end fund launch. Earnings...

Legg Mason Inc.'s (LM) third-quarter 2011 earnings of 73 cents per share significantly outpaced the Zacks Consensus Estimate of 43 cents. Reported quarter results included 10 cents per share in transition-related costs and 4 cents per share of costs related to a closed-end fund launch. Earnings...

E TRADE Financial Corporation (NASDAQ: ETFC) shares have resumed trading after reporting earnings that missed Wall Street estimates. At last check, shares of E-Trade were down 48 cents to $15.31, a loss of 3%.

Lazard Ltd (NYSE: LAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.125 per share on its outstanding Class A common stock. The dividend is payable on February 25, 2011, to stockholders of record on February 7, 2011.