Jefferies Group Revenues Jump 45%
Shares of Jefferies Group Inc. (NYSE: JEF) are down in premarket trading this mornings solid earnings report. Jeffries reported third-quarter 2012 earnings per share (EPS) of $0.31 on revenue of $739 million.…
Shares of Jefferies Group Inc. (NYSE: JEF) are down in premarket trading this mornings solid earnings report. Jeffries reported third-quarter 2012 earnings per share (EPS) of $0.31 on revenue of $739 million.…
The three major U.S. stock indexes opened mixed this morning, taking until mid-morning to rise above the flat line and stay above it for the rest of the day. The initial response…
This is not exactly a packed week for earnings like you would see in earnings season, but we still have many key earnings reports. We have provided previews for the following: Carnival…
Something seems to be happening at Knight Capital Group, Inc. (NYSE: KCG). Whatever it is, it sure does not seem like a good development. It is not really any longer a secret…
Manchester United PLC (NYSE: MANU) is being supported by its underwriters if the volume and pricing is of use. The formal IPO was 16.6 million shares at $14.00. We heard the Bloomberg…
Chesapeake Energy Corp. (NYSE: CHK) sells assets to improve earnings. (Reuters) Standard Chartered may lose its New York banking license over allegations it hid $250 billion in transactions tied to Iran. (Reuters) Acer…
Reports were out over the weekend that Knight Capital Group Inc. (NYSE: KCG) was raising some $400 million in bailout and survival capital. The company confirmed this in an SEC filing on…
The three major US stock indexes opened higher this morning as markets treated the Moody’s downgrade of 15 major banks as old news that was already baked into share prices (our coverage…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Celgene Corporation (NASDAQ: CELG) Maintained Buy with target of $73.00 at Cantor…
The three major US stock indexes opened higher this morning as markets ignored a steep rise in short-term Spanish debt and focused instead on some encouraging news on new housing construction permits…
The three major US stock indexes opened lower this morning as markets reacted to a rise in the yield of Spanish 10-year debt to more than 7% (our coverage here). The weekend…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday. American International Group (NYSE: AIG) Reiterated Buy with $40 target at BofA/ML.…
Markets opened lower this morning and nothing came along all day to move any of the three major indexes above the neutral line. The morning’s report on housing starts was no better…
Jefferies Group, Inc. (NYSE: JEF) is set to report earnings this coming Tuesday. It was only a few months ago that they were being mistreated as “the next MF Global” by Wall…
Jon OggThis last week brought many new analyst calls in key stocks. At the end of each week we review research calls looking for the best gems, the calls that made serious…