47.19 0.00 (0.00%)
After hours: 6:44PM EDT
|Bid||46.50 x 900|
|Ask||47.19 x 900|
|Day's Range||45.53 - 47.84|
|52 Week Range||42.88 - 59.38|
|Beta (3Y Monthly)||1.41|
|PE Ratio (TTM)||12.02|
|Earnings Date||Oct 15, 2018 - Oct 19, 2018|
|Forward Dividend & Yield||1.20 (2.76%)|
|1y Target Est||59.15|
Investing.com - Financials staged a rally heading into close, driving Wall Street off session lows, as bank stocks surged amid a slew of upbeat earnings and rising bond yields.
This land acquisition comes as Atlantic Station is undergoing a major evolution and expansion, with the goal of turning the Midtown mixed-use project into a more urban, pedestrian-oriented environment.
The worst performers were Goldman Sachs Group Inc (GS.N) and JPMorgan Chase & Co (JP.N), which each reported 10 percent falls. Bond trading revenue began fading in 2010 as the huge relief rally that followed the 2007-2009 financial crisis dissipated. Experts said bond revenue at big banks is down 30 percent since then.
After another lackluster quarter for bond trading, most Wall Street banks are moving faster to adopt new technology to improve results, but analysts say the winners of the race must grow market share to combat shrinking margins. The worst performers were Goldman Sachs Group Inc and JPMorgan Chase & Co, which each reported 10 percent falls. Bond trading revenue began fading in 2010 as the huge relief rally that followed the 2007-2009 financial crisis dissipated.
A week ago, veteran RBC Capital Markets internet analyst Mark Mahaney made an ill-timed but, it appears, utterly correct call about third-quarter earnings, saying profits for internet companies will be great. Forgotten on the way to bear-marketville was the sweet little idea that it is earnings season, and earnings are pretty good. On Tuesday morning, Goldman Sachs (GS) beat profit forecasts by 17% and Morgan Stanley (MS) beat by 15%, helped by investment-banking and wealth-management revenue gains.
Dive into new financial and operational details related to Yeti Coolers' plan to list on the NYSE. Bank of America Merrill Lynch, Morgan Stanley, Jefferies, Baird, Piper Jaffray Cos., Citi and Goldman Sachs are the joint bookrunners on the IPO.
Goldman Sachs Group Inc. and Morgan Stanley on Tuesday reported sharply higher third-quarter earnings, wrapping up a week of big-bank reports that reflect the strength of the U.S. economy in shrugging off geopolitical turmoil. Profit rose 19% at Goldman and 20% at Morgan Stanley. Morgan Stanley shares rose more than 5%, and Goldman gained 3%, though both are down double-digits on the year.
Live from the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Seana Smith to discuss the latest market moves.
Banks gone wild. Are they out of the woods, and is the great rotation for real? With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Pete Najarian, Dan Nathan and Guy Adami.