The analyst who covers Goldman Sachs (NYSE: GS) for Merrill Lynch does not like what he sees, He has cut his earnings estimates for the first quarter from $3.97 to $2.31. “Based…
Douglas A. McIntyre Goldman Sachs (NYSE: GS) is likely to report a bad quarter. Much of this will be due to LBO debt which it has on its books and cannot syndicate to other institutions.…
Accordig to Reuters, Alan Greenspan says that the US economic growth is zero and that the oil boom will go on "forever." Reuters writes that the National Association for Business Economics survey…
Laszlo Birinyi of Birinyi Associates, Inc. is one of the more frequently watched portfolio managers by the public. The reason is not that he is one of the largest fund managers. But…
Bank of America has release a study showing the levels of LBO write-downs that large banks and brokerages may have to take. The figures are based on a "the current series of…
The mutual fund industry is particularly brutal because each fund is graded every day on performance. The cruelty of that system hit small finance house Morgan Keegan especially hard in the second…
These are not the only analyst calls impacting stocks this morning, but these are the key calls that 247WallSt.com is focusing on this morning: Arch Coal (NYSE: ACI) raised to Overweight at…
Shares of Goldman Sachs (NYSE: GS) had traded up this morning after the open, but shares are now in negative territory. There have been reports originally out of Reuters that Goldman Sachs…
Douglas A. McIntyre According to Reuters, CNBC is reporting that Citigroup (C) could write-down $24 billion. Reuters writes that automakers face big hurdles in 2008. Reuters reports that the $200 billion Kuwait Investment Authority had…
There have been major reports for days and weeks that have revolved around many financial services, banks, lenders, and the like merging. The truth is that the carnage in the financial sector…
According to Reuters, Capital One has warned that it will have lower than expected earnings. Reuters reports that Goldman Sachs (GS) sees a recession this year. Reuters reports that Tata (TTM) has…
As 2008 looks a more shaky year and one that the stock market looks like it is trying to price in a recession, there may be one victim: the share repurchase plans…
Some Wall St. analysts believe that the Fed will cut rates a half a point this month. That may raise the expectations high enough so the a smaller cut could send marketing…
On tonight’s MAD MONEY on CNBC, Jim Cramer came out and wanted to give his BUY, SELL, or HOLD recommendations on his Top 9 Picks from 2007 now that we are into…
2007 was one volatile year and for now it appears that will be the norm for at least the start of 2008. Everyone’s favorite market pundit or least liked pundit is obviously…
