195.91 -1.17 (-0.59%)
After hours: 7:59PM EST
|Bid||0.00 x 1000|
|Ask||196.20 x 1800|
|Day's Range||185.60 - 198.15|
|52 Week Range||151.70 - 275.31|
|Beta (3Y Monthly)||1.07|
|PE Ratio (TTM)||14.38|
|Earnings Date||Apr 16, 2018 - Apr 20, 2018|
|Forward Dividend & Yield||3.20 (1.82%)|
|1y Target Est||231.35|
Bank of American and Goldman Sachs reporting positive Q4 earnings despite recent economic volatility. Yahoo Finance's Melody Hahm and Brian Sozzi discuss.
Shutdown drags on as thousands are called back to work without pay. Yahoo Finance's Julie Hyman, Adam Shapiro, and Dan Roberts discuss with Managing Director and the Head of Public Policy for PIMCO Libby Cantrill.
Jim Cramer says several top-tier bank stocks are still undervalued and encourages investors to buy in ahead of their inevitable rallies.
Marko Kolanovic, JPMorgan, says the lows are in and he expects a rally this year. With CNBC's Melissa Lee and the Fast Money traders, Steve Grasso, Mark Tepper, Dan Nathan and Guy Adami.
Banks bounce back. Can banks continue to lead the market higher? With CNBC's Melissa Lee and the Fast Money traders, Steve Grasso, Mark Tepper, Dan Nathan and Guy Adami.
SINGAPORE (AP) — Asian shares were mostly higher Thursday after strong earnings reports lifted indexes on Wall Street. But a report that the U.S. was investigating China's Huawei for allegedly stealing trade secrets from American companies limited gains.
NEW YORK, NY / ACCESSWIRE / January 16, 2019 / Pomerantz LLP announces that a class action lawsuit has been filed against, The Goldman Sachs Group, Inc. (''Goldman Sachs'' or the ''Company'') (NYSE: GS) and certain of its officers. The class action, filed in United States District Court, Southern District of New York, and indexed under 18-cv-12084, is on behalf of a class consisting of all persons and entities, other than Defendants and their affiliates, who purchased or otherwise, acquired Goldman Sachs securities between February 28, 2014, and December 17, 2018, both dates inclusive (the ''Class Period''), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the ''Exchange Act'') and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
Malaysia was “defrauded by many individuals,” Solomon said on a conference call with analysts after the investment bank reported fourth-quarter earnings Wednesday. Malaysia has filed criminal charges against the Wall Street firm over a relationship that spawned one of the biggest scandals in the country’s history.
Goldman Sachs Group Inc.’s merger bankers bailed out its bond traders, who fared badly in late 2018’s choppy markets and saw their bonuses shrink as a result. Goldman’s fourth-quarter profit of $2.54 billion, or $6.04 a share, rose from a year ago and easily beat the $1.64 billion, or $4.27 a share, predicted by Wall Street analysts. Quarterly revenue of $8.1 billion was flat, while full-year revenue was the highest since 2010.
is expected to report earnings of 47 cents a share on sales of $1.6 billion before the market opens on Jan. 17, based on a FactSet survey of 23 analysts. Quarterly estimates have risen less than 1 cent a share in the past month. KeyCorp is currently trading at a price-to-forward-earnings ratio of 8.8 based on the 12-month estimates of 25 analysts surveyed by FactSet.
A 56 percent jump in M&A fees as well as higher equities trading revenue during a volatile quarter for stocks helped offset another decline in bond trading, a business whose structural issues have forced Goldman to rethink its overall business model. Using a plan Solomon co-developed in 2017, Goldman Sachs is trying to generate $5 billion in additional annual revenue by growing its consumer operation, wooing new institutional customers and convincing existing clients to do more business with the bank. Solomon also addressed Goldman's involvement in the Malaysian 1MDB scandal, apologizing for a former employee's role while defending the broader bank's innocence.
Several top-tier bank stocks, including Goldman Sachs, are still undervalued, CNBC's Jim Cramer says. The "Mad Money" host encourages investors to buy in ahead of the inevitable rallies. "We haven’t seen a moment like this" since the 1990s when it comes to the banks, Cramer says.
World stock markets rose on Wednesday, with Wall Street's major indexes hitting one-month highs after strong earnings from Bank of America Corp and Goldman Sachs, while the pound rose after British Prime Minister Theresa May's government won a confidence vote in parliament. May can now try to build consensus on an agreement on Britain's departure from the European Union.
Wall Street's major indexes hit one-month highs on Wednesday as strong earnings from Bank of America Corp and Goldman Sachs Group Inc boosted investor sentiment. Goldman Sachs shares surged 9.5 percent, ...
Both Governor Andrew Cuomo and U.S. Attorney General nominee Bill Barr have come out in support of legalization. "Legalization has spread across many, many states," Bharat Vasan, CEO of cannabis company PAX Labs told Kevin Curran of Real Money.
By April Joyner NEW YORK (Reuters) - Wall Street's major indexes hit one-month highs on Wednesday as strong earnings from Bank of America Corp (BAC.N) and Goldman Sachs Group Inc (GS.N) boosted investor ...