Bloomberg is reporting that JP Morgan (JPM), Goldman Sachs (GS) and several other large investment banks have had to keep $11 billion in private equity debt. "The banks have had to dig…
It’s no shock that Barron’s decided to make its cover story that of the Stephen Schwarzman picture from the Blackstone Group (BX-NYSE) IPO that closed on Friday. The article upfront points to…
Stock Tickers: GS, MER, MS, LEH, BSC The raw number of shares that are measured in the short interest in bulge bracket brokerage firm and investment banking stocks did increase, although if…
Morgan Stanley (MS-NYSE) is expected to post earnings per share of $1.98 on revenues of $9.85 Billion. If you compare Morgan Stanley shares to last Monday’s close before we had any of…
Bear Stearns (BSC-NYSE) $2.52 EPS net, but on an adjusted basis it is $3.40 EPS versus $3.50 estimate; Revenues were $2.51 Billion versus $2.33 Billion estimate. The annualized return on common stockholders’…
Douglas A. McIntyre Lehman Brothers (LEH-NYSE) has reported Q2 2007 earnings. The company posted $2.21 EPS and Revenues $5.51 Billion versus street estimates of $1.88 EPS and $4.97 Billion. The results saw a 55% jump…
Douglas A. McIntyre Stock Tickers: AAPL, YHOO, EBAY, LVLT, DNDN, NYX, AMZN, FWLT, GOOG,DELL, MSFT, INTC, C, RAD, SVNT, CSCO, MO, GS, HAL, DNDN On tonight’s MAD MONEY on CNBC, Jim Cramer featured his 500th…
Stock Tickers: BSC, GS, LEH, MS This Week could have quite easily been titled "Brokerage Firms Earnings Season." We have earnings reports from the major bulge-bracket Wall Street firms this week. On…
In a somewhat surprising move, Prudential Financial, Inc. (PRU-NYSE) has decided to jettison its institutional equity research, sales, amnd trading business known as Prudential Equity Group. This will affect equity research operations…
There is a recent boutique research report from earlier in the week showing a list of potential private equity targets from a specialty brokerage firm that I was very positive on from…
Stock Tickers: MS, GS, BSC, AGE, JEF, RJF, MER, LEH, IAI The short interest for MAY 2007 looks a bit mixed in the brokerage firm stocks from April to May, although on…
Barron’s did something very interesting this weekend: they covered companies that could be paying out much higher dividends. This is something investors should applaud as too many companies are determining that shareholders…
Stock Tickers: MHS, CVS, AGN, CELG, GENZ, CEPH, RIG, HAL, EMR, CAT, CMI, UTX, KO, PEP, CL, GS, SKS, VFC, UNP, CSX, BA On Thursday evening, Jim Cramer came out very bullish…
Stock Tickers: MHS, CVS, AGN, CELG, GENZ, CEPH, RIG, HAL, EMR, CAT, CMI, UTX, KO, PEP, CL, GS, SKS, VFC, UNP, CSX, BA Jim Cramer came out very bullish again (you get…
