New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 10, 2012
06:45 EDTNXY, BMO, CEO, GSGoldman, others to reap $150M in fees from Nexen, Progress deals, Bloomberg says
Goldman Sachs Group (GS), Bank of Montreal (BMO) and other financial firms stand to make about $150M in investment banking fees following Canada's approval of the foreign takeovers of Nexen (NXY) and Progress Energy Resources Corp., reports Bloomberg Reference Link
News For GS;BMO;NXY;CEO From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
June 28, 2015
16:42 EDTGSGoldman Sachs will look to other countries if Britain leaves EU, Reuters says
Subscribe for More Information
June 25, 2015
11:50 EDTCEOAnadarko, Jera in talks over Mozambique long-term gas import deal, Reuters says
Subscribe for More Information
07:56 EDTGSMLB Advanced media considering IPO, NY Post reports
Subscribe for More Information
07:13 EDTGSFed director says full transparency in stress testing can be 'enormous weakness'
Subscribe for More Information
June 24, 2015
10:00 EDTGSOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Autoliv (ALV) downgraded to Sell from Neutral at Goldman... Catamaran (CTRX) downgraded to Neutral from Buy at UBS... Citi (C) downgraded to Hold from Buy at Deutsche Bank... Esperion (ESPR) downgraded to Neutral from Outperform at Credit Suisse... Fortinet (FTNT) downgraded to Neutral from Buy at Citi... General Motors (GM) downgraded to Neutral from Buy at Goldman... Goldman Sachs (GS) downgraded to Hold from Buy at Deutsche Bank... IBERIABANK (IBKC) downgraded to Neutral from Outperform at Baird... Independent Bank (INDB) downgraded to Underperform from Neutral at Baird... Inphi (IPHI) downgraded to Market Perform from Outperform at Northland... MoneyGram (MGI) downgraded to Neutral from Outperform at Macquarie... Sensata (ST) downgraded to Hold from Buy at Cross Research... Teradyne (TER) downgraded to Buy from Conviction Buy at Goldman... Alcobra (ADHD) downgraded to Hold from Speculative Buy at WBB Securities.
06:37 EDTGSDeutsche downgrades Citi, Goldman after share rallies
Deutsche Bank analyst Matt O'Connor recommends using the strong share performance of both Citi (C) and Goldman Sachs (GS) as on opportunity to take profits. The analyst this morning downgraded shares of both investment banks to Hold from Buy. Citi is up 21% from the lows on January 30 while Goldman is up 30% since July 1, 2014, the analyst points out. On Citi, O'Connor sees less near term upside with fixed income trading entering a seasonally weak period and core cost reductions largely over. On Goldman, the analyst sees a lack of catalysts to drive the stock meaningfully higher in the near term. His top picks among U.S. Banks are Bank of America (BAC), JPMorgan (JPM), M&T Bank (MTB) and SunTrust (STI).
06:27 EDTGSGoldman Sachs downgraded to Hold from Buy at Deutsche Bank
Subscribe for More Information
June 23, 2015
06:53 EDTGSPSAV prepares for IPO that could raise roughly $300M, Bloomberg says
Subscribe for More Information
June 22, 2015
07:34 EDTCEOTullow says it settled capital gains tax dispute with Uganda government
Subscribe for More Information
07:13 EDTBMOUBS to hold a conference
Subscribe for More Information
June 18, 2015
06:36 EDTGSGoldman tells interns not to stay in office overnight, Reuters reports
Goldman Sachs (GS), which has been looking to improve working conditions for its investment-banking interns, has set new guidelines, under which interns are expected to stay away from the office between midnight and 7 a.m. during weekdays, Reuters reports, citing company sources and confirmed by a Goldman spokesperson. Following the 2013 death of a Bank of America (BAC) intern in London, Goldman and other banks have taken steps to encourage its junior employees to take time off. Reference Link
06:21 EDTGSFour banks to pay nearly $1B to settle forex rigging suit, AFP reports
Goldman Sachs (GS), BNP Paribas (BNPQY), Barclays (BCS), and HSBC (HSBC) have all reached separate agreements to settle a U.S. civil lawsuit over alleged foreign exchange rigging in deals totaling approximately $1B, AFP reports, citing sources close to the situation. The agreements are preliminary and are subject to change, the sources told AFP, confirming an earlier report on the settlements from the Wall Street Journal. Barclays is expected to pay $375M, HSBC $285M, BNP Paribas roughly $200M, and Goldman Sachs about $130M, the report says.The four banks' pending agreements would settle the civil lawsuit filed by Scott & Scott and Hausfeld that claims their traders manipulated the forex market to boost the banks' profits, AFP reports. Reference Link
06:01 EDTGSBanks to settle civil forex lawsuit for nearly $2B, WSJ reports
Subscribe for More Information
June 17, 2015
17:37 EDTGSGM hires advisers as Fiat Chrysler tries to force merger talks, Reuters says
Subscribe for More Information
06:48 EDTGSMore big banks waiving overdraft fees, WSJ reports
Subscribe for More Information
June 16, 2015
16:01 EDTGSApple Twitter Facebook Bank of America Yahoo Netflix Alibaba WisdomTree Coca-Cola Goldman Sachs Micron General Electric
iPath S&P 500 VIX Short-Term Futures down 33c to 18.68. Option volume leaders: AAPL TWTR FB BAC YHOO NFLX BABA WETF KO GS MU GE.
08:21 EDTGSJetBlue enters into agreement with Goldman to implement ASR program
Subscribe for More Information
07:11 EDTGSSurprise AIG ruling may make future bailouts unlikely, even if needed, NYT says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use