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Bank Stocks Lead Again - Voice of the People
Friday, January 14, 2011 - 5:33pm | 584Zacks' Voice of the People Highlights user inthemoneystocks: "Bank Stocks Lead Again" from the People & Picks community. For more Voice of the People, visit http://at.zacks.com/?id=5851 Featured Post Bank Stocks Lead Again The leading sector in the stock market is now the banking stocks. Since...
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Goldman Sachs Declares Preferred Stock Dividends: $239.58 For Series A (GS)
Friday, January 14, 2011 - 4:31pm | 118The 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...
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Lloyd Blankfein Reportedly Pitched Groupon IPO To Goldman (GS)
Friday, January 14, 2011 - 3:59pm | 17Hearing Lloyd Blankfein Reportedly Pitched Groupon IPO To Goldman (GS)
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M&T Bank Tops Zacks Estimate - Analyst Blog
Friday, January 14, 2011 - 2:31pm | 891M&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...
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M&T Bank Tops Zacks Estimate - Analyst Blog
Friday, January 14, 2011 - 1:54pm | 891M&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...
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Financials Sitting At Highs Of The Day (JPM, BAC, MS, GS, C)
Friday, January 14, 2011 - 1:41pm | 126Financials 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...
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J.P. Morgan Discloses Bonuses For 2010
Friday, January 14, 2011 - 1:35pm | 147As part of its fourth quarter earnings report, J.P. Morgan (NYSE: JPM) disclosed how much it paid its employees this year in wages and bonuses. The average payout for the 2010 fiscal year is around $370,000, though based on pay grade and actual job, employees may receive far higher or far less....
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Cloud Computing Stocks To Consider (CRM, NTAP, CTXS, AMZN, EMC, VMW)
Friday, January 14, 2011 - 12:36pm | 265Jeffrey 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:...
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More Details On AIG IPO (AIG)
Friday, January 14, 2011 - 12:12pm | 179CNBC'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...
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JPMorgan Results Bring Optimism - Analyst Blog
Friday, January 14, 2011 - 11:01am | 1072JPMorgan 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...
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Morgan Stanley Leading Financials (MS, GS, BAC, JPM, C)
Friday, January 14, 2011 - 10:49am | 118Wall 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...
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Bank Stocks Lead Again
Friday, January 14, 2011 - 10:45am | 276The 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:...
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JPMorgan Results Bring Optimism - Analyst Blog
Friday, January 14, 2011 - 10:17am | 1072JPMorgan 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...
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Life's New Kit for Eggs - Analyst Blog
Friday, January 14, 2011 - 10:07am | 496Recently, 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 (...
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Company News for January 14, 2011 - Corporate Summary
Friday, January 14, 2011 - 10:01am | 712• 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...