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Goldman To Play Down Risk Taking - Analyst Blog
Monday, December 27, 2010 - 1:00pm | 598To discourage the employees inherent attitude of taking excessive risk, Goldman Sachs Group Inc. (GS) has devised a new compensation plan. According to a regulatory filing made by the company last week, this incentive plan, which supplements its current compensation programs, will reward the key...
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Company News for December 27, 2010 - Corporate Summary
Monday, December 27, 2010 - 10:30am | 680• Boeing (NYSE:BA) is planning to restart test flights of its problem-prone Dreamliner on Thursday, and revealing the extent of its seventh delivery schedule delay in January • According to this week's issue of Barron's, Cisco (NASDAQ:CSCO) is currently trading at an "unmerited discount." The...
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Company News for December 27, 2010 - Corporate Summary
Monday, December 27, 2010 - 10:18am | 680• Boeing (NYSE:BA) is planning to restart test flights of its problem-prone Dreamliner on Thursday, and revealing the extent of its seventh delivery schedule delay in January • According to this week's issue of Barron's, Cisco (NASDAQ:CSCO) is currently trading at an "unmerited discount." The...
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Top 4 Large-Cap Stocks In The Investment Brokerage -National Industry With The Highest EPS Estimates (CME, MS, AMTD, SCHW)
Monday, December 27, 2010 - 5:53am | 152Below are the top large-cap investment brokerage-national stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for CME Group Inc (NASDAQ: CME) for the next year ending December, 2011 is $17.19 per share. CME's trailing-twelve-month operating...
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Merriman Holdings Appoints Board Members
Thursday, December 23, 2010 - 5:09pm | 89Merriman Holdings, Inc. (Nasdaq: MERR), today announced the appointment of Patrick W. O'Brien to its board of directors. Mr. O'Brien is filling the board seat that's being vacated by Doug Bergeron, who resigned from the board effective December 20. Bergeron will join the Merriman advisory board...
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Morgan Stanley Picks Up #1 Underwriting Rank (MS, JPM)
Thursday, December 23, 2010 - 12:14pm | 67MS (NYSE: MS) captured 10.4% of global stock offerings while JP Morgan (NYSE: JPM) lagged behind for the first time in several years. JP Morgan captured only 8.5% of global stock offerings. This marked a major ranking change between these two investment banks. Shares of Morgan Stanley are currently...
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Company News for December 23, 2010 - Corporate Summary
Thursday, December 23, 2010 - 10:33am | 410• Rio Tinto (NYSE:RIO) revised its bid amount for Riversdale Mining, offering $3.9 billion, up from $3.5 billion • Bed Bath & Beyond (NASDAQ:BBBY) posted fiscal third quarter profits of $0.74, below the Zacks Consensus Estimate of $0.93, and reported revenues of $2.2 billion, which are again...
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Company News for December 23, 2010 - Corporate Summary
Thursday, December 23, 2010 - 10:02am | 410• Rio Tinto (NYSE:RIO) revised its bid amount for Riversdale Mining, offering $3.9 billion, up from $3.5 billion • Bed Bath & Beyond (NASDAQ:BBBY) posted fiscal third quarter profits of $0.74, below the Zacks Consensus Estimate of $0.93, and reported revenues of $2.2 billion, which are again...
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ITG Announces Dismissal of Lawsuit
Wednesday, December 22, 2010 - 3:31pm | 101Investment Technology Group, Inc. (NYSE: ITG) today announced that Judge Shira Scheindlin of the United States District Court for the Southern District of New York issued a 65-page ruling granting in its entirety ITG's motion for summary judgment of non-infringement of U.S. Patent No. 7,136,834,...
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Rodman & Renshaw Acts as Exclusive Placement Agent to CAMAC Energy Inc. on $20.0 Million RDO
Wednesday, December 22, 2010 - 1:47pm | 188Rodman & Renshaw, LLC, a wholly owned subsidiary of Rodman & Renshaw Capital Group, Inc. (NASDAQ: RODM), announced that it acted as the exclusive placement agent to CAMAC Energy Inc. (NYSE Amex: CAK) on the Company's $20.0 million registered direct offering. CAMAC Energy Inc., a U.S.-based...
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Options Brief: Investment Technology Group. (ITG)
Wednesday, December 22, 2010 - 1:04pm | 83Shares of Investment Technology Group (NYSE: ITG) are higher on the session by 1.59%, trading at $16.66. Overall call volume is now running at 12.43x the daily average, with 88% of all calls traded being purchases on the offer. 1,044 contracts have traded on the session so far. Investment...
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INCY's INC424 Meets Goal - Analyst Blog
Wednesday, December 22, 2010 - 12:33pm | 851Recently, Incyte Corporation (INCY) announced positive top-line data on pipeline candidate INCB18424 (also known as INC424) from a pivotal phase III trial, COMFORT-I. COMFORT-I was conducted to study INCB18424 for the treatment of patients with myelofibrosis (MF), a rare bone marrow disorder. The...
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INCY's INC424 Meets Goal - Analyst Blog
Wednesday, December 22, 2010 - 12:15pm | 851Recently, Incyte Corporation (INCY) announced positive top-line data on pipeline candidate INCB18424 (also known as INC424) from a pivotal phase III trial, COMFORT-I. COMFORT-I was conducted to study INCB18424 for the treatment of patients with myelofibrosis (MF), a rare bone marrow disorder. The...
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KBW Adjusts EVR, GHL, LAZ Targets
Wednesday, December 22, 2010 - 10:04am | 52KBW is making price target adjustments on the following companies: Evercore Partners Inc. (NYSE: EVR); from $32 to $35.50. Greenhill (NYSE: GHL); from $80 to $84. Lazard ltd. (NYSE: LAZ); from $42 to $50.
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Oppenheimer Lowers Morgan Stanley Outlook
Wednesday, December 22, 2010 - 9:31am | 121With most of the fourth quarter under its belt, Oppenheimer said that it is making relatively few and minor changes to its earnings estimates. “The most substantial is a cut for Morgan Stanley (NYSE: MS) in 4Q from $0.67 to $0.35 (reflecting partly a weaker than expected trading environment and...