|Bid||234.4300 x 100|
|Ask||234.4600 x 100|
|Day's Range||231.7700 - 234.8600|
|52 Week Range||214.6400 - 275.3100|
|PE Ratio (TTM)||22.10|
|Forward Dividend & Yield||3.20 (1.40%)|
|1y Target Est||N/A|
Jul.19 -- Morgan Stanley and Goldman Sachs Group Inc. declared themselves as the No. 1 adviser on mergers and acquisitions in their quarterly results this week. Bloomberg's Lisa Abramowicz reports on "Bloomberg Daybreak: Americas."
Officials who got us through the last one discuss if America is ready for the next financial crisis. Yahoo Finance's Seana Smith, Andy Serwer and Dan Roberts weigh in.
The senior partner of a law firm asks colleagues a simple question to assess the health of the organisation’s culture : “Why do you stay?” There is a twist, he told me. They should not answer when they ...
Having restricted smoking in restaurants earlier this week, Japanese lawmakers on Friday removed the final hurdle to legalizing casino gambling. It’s little wonder global casino operators are excited about the prospect of three casino resorts in Japan, a wealthy developed economy. Casinos have been sprouting up in Asia in recent years, from Singapore to Cambodia, but the sector hasn’t seen an opening this big since Macau in 2002.
China's Suning Sports, the owner of Italian soccer giants Inter Milan, said it has raised $600 million (461 million pounds) in a series A funding from firms including Alibaba Group Holding Ltd (BABA.N) and Goldman Sachs (GS.N). The sports arm of Chinese retail giant Suning Holdings Group told Reuters on Friday that the funding round did not include Inter Milan and two other local football teams that it owns. Local media Lanxiong reported earlier that this round of fundraising values Suning Sports at $2.6 billion.
Goldman Sachs (GS.N) has lost an Indonesian court appeal over whether it should return shares in property developer PT Hanson International Tbk (MYRX.JK) to tycoon Benny Tjokrosaputro in a legal tussle over ownership. Tjokrosaputro, president director of Hanson International (MYRX.JK), had in a lawsuit sued the U.S. bank for 15 trillion rupiah (845 million pounds), accusing it of making "unlawful" trades in the shares and claiming ownership of 425 million shares. Goldman had said that Goldman Sachs International had bought the Hanson shares from New York hedge fund Platinum Partners in a series of "valid" transactions on the Indonesia Stock Exchange (IDX) between February 2015 and December 2015.
Goldman Sachs has lost an Indonesian court appeal over whether it should return shares in property developer PT Hanson International Tbk to tycoon Benny Tjokrosaputro in a legal tussle over ownership. Tjokrosaputro, president director of Hanson International , had in a lawsuit sued the U.S. bank for 15 trillion rupiah ($1.1 billion), accusing it of making "unlawful" trades in the shares and claiming ownership of 425 million shares. Goldman had said that Goldman Sachs International had bought the Hanson shares from New York hedge fund Platinum Partners in a series of "valid" transactions on the Indonesia Stock Exchange (IDX) between February 2015 and December 2015.
China's Suning Sports, the owner of Italian soccer giants Inter Milan, said it has raised $600 million in a series A funding from firms including Alibaba Group Holding Ltd and Goldman Sachs. A spokeswoman ...
A round up of some of the week’s most significant corporate events and news stories. Blankfein leaves on a high as Goldman bolsters profit Lloyd Blankfein finally announced his resignation as chief executive ...
For years, Goldman Sachs Group Inc. rarely hired from the outside, guarding its culture with an insularity that, to rivals, bordered on arrogance. Not anymore: Goldman has brought in 15 outsiders at the elite rank of partner over the past year, the biggest influx of senior executives in two decades. More are expected as the firm plugs weak spots in its network of investment bankers, builds out new businesses in consumer and commercial banking and replenishes trading ranks depleted by the postcrisis lull.
U.S. prosecutors negotiating a possible deal with a former Goldman Sachs Group Inc. executive are pressing for information about whether the bank turned a blind eye to the plunder of a Malaysian investment fund, according to a person familiar with the matter. If they reach a plea agreement with Tim Leissner, the Goldman banker who arranged the fund’s bond offerings, he would become a key witness against his superiors at the bank, said the person, who asked not to be identified because the matter isn’t public. The U.S. Justice Department hasn’t brought any criminal charges in the running scandal over more than $4 billion said to have been looted from 1Malaysia Development Bhd., or 1MDB, under the watch of then-Prime Minister Najib Razak.
The Financial Select SPDR (NYSEARCA:XLF) has broken above its 200-day moving average for the first time since May. The S&P Capital Markets ETF (NYSEARCA:KCE) has jumped over its 50-day moving average, setting up a run at its year-to-date highs. Goldman Sachs (NYSE:GS) shares are testing above their 50-day moving average, threatening to end a persistent downtrend going back to March that resulted in a peak-to-trough decline of 20%. The company reported better-than-expected results this week, driven by an 18.2% rise in investment banking revenue.
Morgan Stanley and Goldman Sachs Group Inc. declared themselves as the No. 1 adviser on mergers and acquisitions in their quarterly results this week. Bloomberg's Lisa Abramowicz reports on "Bloomberg ...
Over the last few weeks Intel (NASDAQ:INTC), Papa John’s (NASDAQ:PZZA) and Texas Instruments (NYSE:TXN) have all gotten rid of their high-priced CEOs, but their stocks have barely budged. Brian Krzanich of Intel and Brian Crutcher of Texas Instruments were both let go for violating their employers’ codes of conduct. Krzanich had an affair with an employee.
reported earnings that showed the bank benefiting from increased trading revenue and tax benefits. Morgan Stanley was also no slouch in M&A where they continued to be one of the leaders in the bulge bracket. Morgan Stanley advised or providing financing on 142 deals in H1 according to data from The Deal, just behind Goldman's 162.
Given that we created the name "FANG" five years ago, it does grate on me that we've become endless devotees as they have grown more and more expensive, something that happens when your stock goes up and up and up without any news.
Goldman Sachs financed and advised 162 deals in the first half of 2018, according to fresh data from TheStreet's sister publication The Deal.
Following is the unofficial transcript of a CNBC EXCLUSIVE interview with Edgar Wachenheim III, Greenhaven Associates Founder, Chief Executive Officer and Chairman, live from the CNBC Institutional Investor Delivering Alpha Conference in New York City on Wednesday, July 18th. JIM CRAMER: Thank you so much, Ed, for coming on. JIM CRAMER: Okay.
Morgan Stanley (MS) revealed strong quarterly earnings, partly due to a rise in trading over a tumultuous year. Morgan Stanley saw second quarter earnings jump 39% year-over-year. Despite the escalating global tensions and ongoing trade war concerns, investment fnds and corporations have not scaled back demand for Morgan Stanley's services to trade securities, advise on deals and arrange financing.
(Reuters) - Morgan Stanley's (MS.N) better-than-expected results on Wednesday capped a strong second-quarter earnings season for large U.S. banks. The U.S. banking industry has benefited from a cut in ...
The price of bitcoin rose sharply on July 18, giving hope that the bear market in cryptocurrency may be ending. By way of comparison, the 5% move in Netflix (NASDAQ:NFLX) after its disappointing second quarter report on July 17 came on volume of 10.34 million shares, meaning 2.34% of the float traded. Netflix has a market cap of about $165 billion.
NEW YORK (Reuters) - Goldman Sachs analysts said on Wednesday the U.S. government would likely introduce a two-month bill issue at the November refunding and begin raising the auction size of five-year notes by a greater amount than its recent increase. ...
Rising uncertainty in markets didn’t stop the biggest U.S. banks from hauling in record revenue from investment banking. Among the big winners were Morgan Stanley and Bank of America Corp., which both handily beat expectations thanks to their investment banking and consumer businesses, respectively. Wells Fargo & Co. was the lone bank to miss analysts’ earnings estimates as its total loans and deposits both dropped.