Investment Banking & Brokerage

The Goldman Sachs Group, Inc. (NYSE: GS) has declared dividends on the following series of its non-cumulative preferred stock (represented by depositary shares, each representing a 1/1,000th interest in a share of preferred stock): $239.58 per share of Floating Rate Non-Cumulative Preferred Stock...

Hearing Lloyd Blankfein Reportedly Pitched Groupon IPO To Goldman (GS)

M&T Bank Corporation's (MTB) fourth quarter operating earnings of $1.52 per share exceeded the Zacks Consensus Estimate of $1.45. Earnings significantly expanded from $1.16 per share earned in the prior-year quarter, aided by an increase in the net interest income on the back of net interest...

M&T Bank Corporation's (MTB) fourth quarter operating earnings of $1.52 per share exceeded the Zacks Consensus Estimate of $1.45. Earnings significantly expanded from $1.16 per share earned in the prior-year quarter, aided by an increase in the net interest income on the back of net interest...

Financials stocks are continuing to rally in afternoon trade and are currently sitting at fresh intra-day highs. This morning, J.P. Morgan (NYSE: JPM) reported better than expected earnings, which has helped to catalyze today's rally in financial stocks. Here is a look at how some prominent names...

Jeffrey Saut, Chief Investment Strategist at Raymond James (NYSE: RJF) is positive on cloud computing stocks this year, as companies will continue to look to spending money on cloud computing services, in an effort to save money. Names being mentioned are Salesforce.com (NYSE: CRM), VMware (NYSE:...

CNBC's Kate Kelly is providing more detail on the AIG (NYSE: AIG) IPO. Kelly is saying that the potential sale stake by the U.S. Treasury could be in the $20-$25 billion dollar range. The mandate to award being the lead underwriter for the IPO is expected to be announced sometime next week. It's...

JPMorgan Chase & Company's (JPM) fourth quarter earnings came in at $1.12 per share, substantially ahead of the Zacks Consensus Estimate of $1.00. Results also soared from the earnings of 74 cents in the prior-year quarter. For full year 2010, earnings increased to $3.96 per share from $2.26...

Wall Street broker Morgan Stanley is leading the financial space in early trading on Friday. The stock has risen 2.44% to $28.99. MS competitor Goldman Sachs (NYSE: GS) has added 1.37% and is currently trading at $173.89. The money center banks are also performing well, but lagging the gains in GS...

The leading sector in the stock market is now the banking stocks. Since late November 2010, this industry group has surged to the upside. Ironically, this sector began to surge higher once an arrest warrant was issued by Interpol on December 1st, 2010. Since that time Bank of America Corp.(NYSE:...

JPMorgan Chase & Company's (JPM) fourth quarter earnings came in at $1.12 per share, substantially ahead of the Zacks Consensus Estimate of $1.00. Results also soared from the earnings of 74 cents in the prior-year quarter. For full year 2010, earnings increased to $3.96 per share from $2.26...

Recently, Life Technologies Corporation (LIFE) has received approval from the US Food and Drug Administration (FDA) for TaqMan, Salmonella enteritidis (SE) detection kit which has been developed in collaboration with the University of Pennsylvania School of Veterinary Medicine. The PCR (...

• Intel (NASDAQ:INTC) reported fourth quarter earnings of $0.59, ahead of the Zacks Consensus Estimate of  $0.53, on revenues of $11.5 billion beating the Zacks Consensus Estimate of $10.73 billion. Gross profit margins came in at 67.5%. The firm lifted first quarter sales projections to $11.1...

Recently, Life Technologies Corporation (LIFE) has received approval from the US Food and Drug Administration (FDA) for TaqMan, Salmonella enteritidis (SE) detection kit which has been developed in collaboration with the University of Pennsylvania School of Veterinary Medicine. The PCR (...