Investment Banking & Brokerage

For Immediate Release Chicago, IL – October 19, 2010 – Zacks highlights commentary from People and Picks Trader “inthemoneystocks”. For more Voice of the People, visit http://at.zacks.com/?id=5851 Featured Post Markets Await the Earnings Blitz The markets are hovering slightly higher on...

Piper Jaffray (NYSE: PJC) announced today that it has expanded its fixed income sales and trading capability into preferred and capital securities with the addition of a seasoned team. The new team, which has more than 50 years of combined experience in the industry, is based in New York. Martyn...

Goldman Sachs (NYSE: GS) credit default swaps are higher today by 7 basis points, despite the company blowing out earnings expectations. At last check, shares of GS were up $4.05 to $157.75, a gain of 2.6%, despite the weakness in the broader markets and a rise in the cost of insuring its debt.

Goldman Sachs Group, Inc. (NYSE: GS) continues to be a bright spot in this extremely weak market, as the legendary investment bank reported much stronger than expected earnings before the bell this morning. At last check, shares of Goldman Sachs were up $3.83 to $157.53, a gain of 2.5%. The Goldman...

The Goldman Sachs Group Inc.'s (GS) third quarter 2010 earnings per share of $2.98 were significantly ahead of the Zacks Consensus Estimate of $2.29. Goldman's impressive results reflected strong performance in Investment Banking and lowered operating expenses. Though economic conditions were...

Goldman Sachs Group Inc (NYSE: GS) reported its Q3 net income at $2.98 per share, down from $5.25 per share, in the year-ago quarter. However, analysts were expecting quarterly profit at $2.32 per share. GS shares are up about 1.3%. According to the Commerce Department, new construction of US...

Shares of Goldman Sachs Group, Inc. (NYSE: GS) are up $1.20 to $154.90 in pre-market trading, after the company reported much better than expected earnings this morning. Goldman Sachs reported earnings of $2.98 per share, versus the $2.32 Wall Street was expecting. Revenues were also much...

Citigroup's upbeat earnings report and better-than-expected news from the homebuilding front sent markets higher on Monday. Citigroup's earnings helped push financials up more than 2%. The Dow Jones industrial average added 81 points, or 0.7%, to 11143.69. The tech-heavy Nasdaq Composite index...

• Johnson & Johnson (NYSE: JNJ) reported earnings of $1.23, versus Zacks estimates of $1.15, as revenues dropped 0.7% to $14.98 and missed estimates of $15.22 billion • Lockheed Martin (NYSE: LMT) posted third quarter results of $1.55, versus Zacks estimates of $1.58, on revenues that advanced...

The Goldman Sachs Group, Inc. (NYSE: GS) today reported net revenues of $8.90 billion and net earnings of $1.90 billion for its third quarter ended September 30, 2010. Diluted earnings per common share were $2.98 compared with $5.25 for the third quarter of 2009 and $0.78 (1) for the second quarter...