Investment Banking & Brokerage

Despite an early pop in all major U.S. Indexes on the heels of a better-than-expected jobs report, the market has given up its early gains and has sunk, once again, deep into negative territory. The S&P 500 (SPX), which had traded as high as 1218.11, is currently down 12.82 points (1.1%) to 1...

American Science & Engineering (NASDAQ: ASEI) -13.81% on disappointing earnings yesterday. Dolby Laboratories (NYSE: DLB) -11.07% after Piper Jaffray and JPMorgan lowered its PT. Charles Schwab (NASDAQ: SCHW) -10.58% after the company broke a support level yesterday. Pacific Biosciences...

Charles Schwab Corporation (The) (NYSE: SCHW) dipped 10.58% to $12.68 in the pre-market session. SCHW shares have dropped 8.10% over the past 52 weeks, while the S&P 500 index has gained 6.60% in the same period. First Solar Inc (NASDAQ: FSLR) lost 4.58% to $103.00 in the pre-market session....

J.P. Morgan has published a report on Investment Technology Group (NYSE: ITG) lowering the price target by $.50. In the report, J.P. Morgan wrote, "ITG reported 2Q11 EPS of $0.14, in line with its 7/12 preannouncement. The results were disappointing, reflecting challenging market conditions and a...

JP Morgan has lowered the price target on Investment Technology Group (NYSE: ITG) from $16.50 to $16 and maintains its Overweight rating.

Weight Watchers International Inc (NYSE: WTW) is expected to report its Q2 EPS at $1.12 on revenue of $470.16 million. Procter & Gamble Company (The) (NYSE: PG) is projected to report its FQ4 earnings at 0.82 per share on revenue of $20.63 billion. The AES Corporation (NYSE: AES) is...

According to Bank of America, Evercore (NYSE: EVR) coverage is initiated with a Buy rating. Bank of America said that EVR is the fastest growing independent M&A and restructuring advisor in the world and now ranks as one of the more regular advisors of the largest and most important...

MF Global Holdings Ltd. (NYSE: MF) today announced the pricing of its public offering of $325 million aggregate principal amount of 6.250% senior unsecured notes due 2016. MF Global intends to use at least $100 million of the net proceeds of this offering to repay a portion of its outstanding...

What if the answer is "none of the above"? For the first time in millennia, it appears that the Treasury Secretary might (just might) come from somewhere other than Goldman Sachs (NYSE: GS). The history of ties between governments, in particular the Treasury Department, and Goldman Sachs goes back...

Think your investment strategy could have made you rich off Apple, Google or Amazon? RobotDough lets you find out. RobotDough is, as founder and CEO Wilton Risenhoover describes it, “like Capital IQ for consumers.” Risenhoover says that he wanted to take the best ideas of professional-grade tools...

Pritchard Capital is out with a research report on Venoco, Inc. (NYSE: VQ) and is lowering its estimates on the stock. It has a $19 price target and a Buy rating. In a note to clients, Pritchard Capital writes, "We are lowering our 2011 EPS/CFPS estimates to $1.08/$2.95 from $1.20/$3.19 primarily...

Now that the debt ceiling had been raised, we are finally seeing some weakness in stocks, with S&P down more than 3% since a deal between the Senate and the House was reached on Sunday. While some people might see this as a big drop, S&P actually is just back to the beginning of the year,...

Investors Capital Holdings, Ltd. (NYSE: ICH) today announced that, following a sale of his shares in a public offering, Chairman of the Board and founder, Theodore E. Charles has retired from the Company. Investors Capital will continue to be led by President and CEO Timothy B. Murphy, who was...

Goldman Sachs' (NYSE: GS) Jan Hatzius weighed in today on the weak consumer spending data that was included in Friday's GDP report. He wrote, "While quarterly results for consumer spending were already known-they were published in last Friday's GDP report-the monthly pattern means that consumption...

MF Global Holdings Ltd. (NYSE: MF) today announced that it intends to make an underwritten public offering of senior unsecured debt (senior notes) subject to market conditions and other factors. MF Global expects to use a portion of the net proceeds of this offering to repay a portion of its...