Investment Banking & Brokerage

Court Asks Fed To Disclose Records Of $2 Trillion U.S. Loan Program Launched After Lehman Collapse (OPY)

Posted on 03/19/10 at 4:43pm
Bloomberg reports that the Federal Reserve has been asked by the U.S. Court of Appeals in Manhattan to disclose the records of its $2 trillion U.S. loan program launched during the financial crisis. The court’s ruling supports a decision given by a lower-court judge in August, ordering that Fed must release information on bailout records.
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Rajat K. Gupta Will Not Stand for Re-Election to Goldman Sachs Board (GS)

Posted on 03/19/10 at 2:54pm
3/19/2010-Goldman Sachs (NYSE: GS) said Friday that Rajat K. Gupta has decided not to stand for re-election to the Board of Directors at the 2010 Annual Meeting of Shareholders. Mr. Gupta has been a director of Goldman Sachs since November 2006.
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Rajat K. Gupta Will Not Stand for Re-Election to the Goldman Sachs Board of Directors

Posted on 03/19/10 at 2:30pm
NEW YORK--(BUSINESS WIRE)-- The Goldman Sachs Group, Inc. (NYSE: GS) today announced that Rajat K. Gupta has decided not to stand for re-election to the Board of Directors at the 2010 Annual Meeting of Shareholders. Mr. Gupta has been a director of Goldman Sachs since November 2006.
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H. Lee Scott, Jr. Nominated for Election to the Goldman Sachs Board of Directors

Posted on 03/19/10 at 2:27pm
NEW YORK--(BUSINESS WIRE)-- The Board of Directors of The Goldman Sachs Group, Inc. (NYSE: GS) today announced the nomination of H. Lee Scott, Jr. for election as an independent director of the firm at the 2010 Annual Meeting of Shareholders. If Mr.
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Goldman Analysts Lower Profit Forecasts For Capital-Market Firms (GS)

Posted on 03/19/10 at 10:57am
3/19/2010- Goldman Sachs (NYSE: GS) analysts lowered their profit forecasts for JP Morgan (NYSE: JPM), Bank of America (NYSE: BAC), Morgan Stanley (NYSE: MS), Jefferies Group (NYSE:
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Market Update – Boeing (NYSE:BA), Citigroup (NYSE:C), Palm (NASDAQ:PALM), Wells Fargo (NYSE:WFC)

Posted on 03/19/10 at 10:16am
The concerns over the Greece debt situation are having an effect on the Euro’s trading price.  The EU’s currency is having its worst week since January of this year.  Investors have reacted conservatively after news that the Balkan state seems likely to seek a bailout from either the Eurozone or the International Monetary Fund, or both.  The US Dollar is trading higher against the Euro this mor
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Market Update – Boeing (NYSE:BA), Citigroup (NYSE:C), Palm (NASDAQ:PALM), Wells Fargo (NYSE:WFC)

Posted on 03/19/10 at 10:16am
The concerns over the Greece debt situation are having an effect on the Euro’s trading price.  The EU’s currency is having its worst week since January of this year.  Investors have reacted conservatively after news that the Balkan state seems likely to seek a bailout from either the Eurozone or the International Monetary Fund, or both.  The US Dollar is trading higher against the Euro this mor
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Stock Market News for March 19, 2010 - Market News

Posted on 03/19/10 at 9:00am
Even as data suggested the economy is improving at a slow but gradual pace, investors were reluctant to buy stocks as potential policy changes and fresh signs of trouble in Greece kept sentiments jittery.  However, the Dow average rose for an eighth straight day, its longest winning run since August 2009.
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Company News for March 19, 2010 - Corporate Summary

Posted on 03/19/10 at 9:00am
• Perry Ellis (NASDAQ:PERY) posted fiscal fourth quarter earnings a nickel above estimates at 64 cents versus a loss of $1.58 a year ago, on revenues of $196.4 million, slightly under estimates of $198.91 million. The retailer said it sees fiscal 2011 earnings of $1.25 to $1.40
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Morgan Stanley Lowers March Quarter EPS, 2010 EPS Estimates For TD Ameritrade (AMTD)

Posted on 03/19/10 at 8:39am
3/19/2010- Morgan Stanley analysts are lowering their March quarter EPS estimate for TD Ameritrade (NYSE: AMTD) to $0.23, per company guidance issued in its February data release, and lowering their fiscal 2010 EPS estimate.
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