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Raymond James Reports Better Than Expected Numbers (RJF)
Wednesday, January 19, 2011 - 4:41pm | 68Raymond James Financial Inc. (NYSE: RJF) reports Q4 earnings of $0.55 versus $0.53 estimate. Raymond James Financial Inc. reports Q4 revenues of $763.2 million versus estimates of $758.52 million. Raymond James Financial, Inc., through its subsidiaries, engages in the underwriting, distribution,...
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Earnings Mixed 01-19-2011
Wednesday, January 19, 2011 - 2:54pm | 930Cusick's Corner Looks like the market is following that short-term trend I have been discussing in the last few Corners: challenge to the upside on good/great earnings, pulling back now at 1283 on SPX and on the way to mid month lows, then on to possibly consolidate for a period until longs can...
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Ever Wondered Who Really Owns Facebook? (GS)
Wednesday, January 19, 2011 - 2:49pm | 136In a report focusing on the Internet and social media, Wedbush discusses the value of Facebook (which has surged above $70 billion), rumors of a Facebook-branded phone, and the success of Zynga's Cityville. Among the facts and theories is an interesting graph that outlines the owners of Facebook. “...
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Goldman Sachs Gets Dinged On Earnings (GS)
Wednesday, January 19, 2011 - 1:01pm | 93Goldman Sachs (NYSE: GS) released its fourth-quarter earnings this morning prior to the opening bell. The company reported net income of $2.22 billion or $3.79 per share, compared to $4.78 billion or $8.20 per share in the year ago period. This compared to analysts' consensus EPS estimates of $3.76...
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Dick Bove Cautious on Goldman Sachs (GS)
Wednesday, January 19, 2011 - 12:48pm | 31Rochdale's Dick Bove is cautious on Goldman Sachs (NYSE: GS). Bove lowers GS estimates across the board and lowers his target to $188 from $214.
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Goldman Beats on Fundamentals - Analyst Blog
Wednesday, January 19, 2011 - 12:31pm | 1279The Goldman Sachs Group Inc.'s (GS) fourth quarter 2010 earnings per share of $3.79 outpaced the Zacks Consensus Estimate of $3.73. In spite of challenging economic conditions, the company stood to gain from a solid balance sheet and global clients. Goldman's results were nevertheless affected by...
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Benzinga's Political Roundup (AIG, CMCSA, GE, DB, GS)
Wednesday, January 19, 2011 - 12:00pm | 177Yesterday the U.S. federal government picked lead book runners for the "re-IPO" of AIG (NYSE: AIG). The banks doing the lead bookrunning are Goldman Sachs (NYSE: GS), Deutsche Bank (NYSE: DB), J.P. Morgan (NYSE: JPM), and Bank of America (NYSE: BAC). Yesterday the FCC voted 4-1 in favor of the...
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Goldman Beats on Fundamentals - Analyst Blog
Wednesday, January 19, 2011 - 11:57am | 1279The Goldman Sachs Group Inc.'s (GS) fourth quarter 2010 earnings per share of $3.79 outpaced the Zacks Consensus Estimate of $3.73. In spite of challenging economic conditions, the company stood to gain from a solid balance sheet and global clients. Goldman's results were nevertheless affected by...
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Goldman Beats on Fundamentals - Analyst Blog
Wednesday, January 19, 2011 - 11:57am | 1279The Goldman Sachs Group Inc.'s (GS) fourth quarter 2010 earnings per share of $3.79 outpaced the Zacks Consensus Estimate of $3.73. In spite of challenging economic conditions, the company stood to gain from a solid balance sheet and global clients. Goldman's results were nevertheless affected by...
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Goldman Beats on Fundamentals - Analyst Blog
Wednesday, January 19, 2011 - 11:57am | 1279The Goldman Sachs Group Inc.'s (GS) fourth quarter 2010 earnings per share of $3.79 outpaced the Zacks Consensus Estimate of $3.73. In spite of challenging economic conditions, the company stood to gain from a solid balance sheet and global clients. Goldman's results were nevertheless affected by...
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The Inside Scoop: The Keys To The Market Today
Wednesday, January 19, 2011 - 11:40am | 386The market is lower today after key earnings announcements were not quite enough to keep the recent massive gains in the markets. Apple Inc. (NASDAQ: AAPL) reported stellar earnings, blasting past Wall Street estimates. However, regardless of what they made last quarter, now AAPL investors must...
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Options Brief: Lazard Limited (LAZ)
Wednesday, January 19, 2011 - 11:00am | 80Shares of Lazard Limited (NYSE: LAZ) are lower on the session by 1.14%, trading at $42.67. Overall put volume is now running at 15.49x the daily average, with 49% of all puts traded being purchases on the offer. 1,007 contracts have traded on the session so far. Lazard Limited is a financial...
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Stock Market News for Jan 19, 2011 - Market News
Wednesday, January 19, 2011 - 10:31am | 1488Investors' optimism helped markets close higher as stocks continued to gain momentum after an upbeat manufacturing report released by the Federal Reserve Bank of New York. The report helped energy and material share prices to go up despite weak Citigroup results and sliding prices of Apple (NASDAQ...
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Company News for January 19, 2011 - Corporate Summary
Wednesday, January 19, 2011 - 10:01am | 939• Apple (NASDAQ:AAPL) reported estimate-topping sales and earnings, also guiding higher for the fiscal second quarter. Fiscal first quarter earnings of $6.43 is well ahead of the Zacks Consensus Estimate of $4.46 on revenues of $26.7 billion ahead of Zacks Consensus Estimate for $20.731 billion • ...
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News Summary
Wednesday, January 19, 2011 - 9:46am | 181Shares of Goldman (NYSE: GS) fell about 2.5% after the company reported its Q4 net earnings at $3.79 per share, compared with $8.20 per share, in the year-ago period. Goldman's net revenue dropped to $8.64 billion, from $9.62 billion, in the year-ago quarter. However, analysts were expecting...