174.01 -1.84 (-1.05%)
Pre-Market: 8:00AM EST
|Bid||174.01 x 800|
|Ask||174.65 x 800|
|Day's Range||175.12 - 178.69|
|52 Week Range||174.68 - 275.31|
|Beta (3Y Monthly)||1.02|
|PE Ratio (TTM)||12.83|
|Earnings Date||Jan 16, 2019|
|Forward Dividend & Yield||3.20 (1.81%)|
|1y Target Est||258.87|
Wall Street banks are offloading leveraged loans at discounted prices and demanding that borrowers accept less advantageous terms, as they move to protect themselves from rapidly weakening demand in a previously hot corner of the credit market. The development reflects mounting concern from investors about the quality of loans used to finance private equity buyouts, following a series of warnings from central bankers this year.
Then Thursday morning I am watching Worldwide Exchange being hosted by my friend Dominic Chu, and he asks a portfolio manager whether he sees value in the oils, and the manager says they are great buys because, in part, they have stopped going down even as oil just plummeted 30%. , one of the best oil companies in the world, with real growth and a very good balance sheet, just doesn't seem like the smart thing to do. Why did I think critically about the portfolio manager who raved about the oils?
Investing.com - The Dow closed higher Thursday, despite giving up most of its gains, as optimism over U.S.-China trade faded and weakness in financials weighed.
In the latest trading session, Goldman Sachs (GS) closed at $175.84, marking a -0.49% move from the previous day.
Now in Blankfein’s final weeks as chairman of Wall Street’s most influential bank, things have gone wrong. Goldman’s role raising about $6.5 billion for 1MDB has become one of its ugliest scandals in a generation.
Goldman Sachs Group Inc (GS.N), JP Morgan Chase & Co (JPM.N), Citigroup Inc (C.N) and Credit Suisse Group AG (CSGN.S) have invested $17.5 million in AccessFintech, a startup that sells technology to help financial firms better handle business errors, the companies said on Thursday. Israel-based AccessFintech has created a network that aggregates and helps resolve so-called business "exceptions", or errors that financial institutions make when carrying out business activities and that require interventions to be resolved. AccessFintech's technology will help reduce the time and resources needed to resolve these issues by helping financial institutions communicate with each other.
Shaktikanta Das, 61, a former economic affairs secretary at the Finance Ministry, took charge at the Reserve Bank of India for a three-year term on Wednesday, two days after Urjit Patel quit amid worries that the government was encroaching on the central bank’s turf. Das, a career bureaucrat, is seen as someone who can ease tensions with the state, prompting a mixed reaction from markets.
Wall Street banks and conservative policy makers in Congress are pressing regulators to water down a key element of the protections designed to prevent another major financial crisis.
One big time Wall Street CEO is calling out the men afraid to be alone with a woman in the #MeToo era. Yahoo Finance’s Alexis Christoforous and Julia La Roche discuss.
Banks get beaten down. What can fix the banks? With CNBC's Melissa Lee and the Fast Money traders, Steve Grasso, Karen Finerman, Dan Nathan and Guy Adami.
Moody’s says it foresees a “favorable operating environment” for banks in 2019 amid strong earnings and other positive economic indicators. Yahoo Finance’s Alexis Christoforous and Moody’s Investors Service VP & Senior Credit Officer Rita Sahu discuss.