July 5, 2022
“The Dow Jones Industrial Average fell 420 points, or about 1.4%. The S&P 500 dipped 1.5%, and the tech-heavy Nasdaq Composite shed about 1.6%. Concerns about economic growth are hanging over investors as the U.S. market looks to recover after… Continue Reading…
June 27, 2022
“…IPO volumes have dropped a staggering 91% in the U.S. from a year earlier, according to Dealogic data. Companies are unwilling or unable to issue stock or bonds, leading to steep declines in equity and debt capital markets revenues, especially in… Continue Reading…
April 29, 2022
“…The tech stocks in the S&P 500 are down 19.8% for the year through Tuesday, while communications services stocks in the index tumbled even more, 24.1%. The rest of the S&P 500 fell only 6.9%. Tech-oriented stocks have struggled in… Continue Reading…
November 16, 2021
“ Wall Street is set to see the biggest bonus increases since the Great Recession after a busy and profitable 2021, according to a report from pay consultancy Johnson Associates. Overall bonuses for investment banking underwriters are forecast to jump… Continue Reading…
October 27, 2021
“…The third quarter was expected to be a rougher one than the first half of the year for GM. Analysts, however, said they projected relatively solid results, despite a global shortage of semiconductor chips that has depleted vehicle inventories and shuttered plants.… Continue Reading…
September 7, 2021
“Wall Street’s favorites among the S&P 500 Analysts who work for brokerage firms tend to shy away from negative ratings. Among the S&P 500, there are no companies with majority “sell” or equivalent ratings. But the analysts still have clear… Continue Reading…
July 30, 2021
“…The company posted better-than-expected earnings results on Tuesday, but Wall Street appears more excited about the industrial conglomerate’s improving cash flow. In addition to beating estimates, GE (ticker: GE) raised its full-year free-cash-flow guidance for its industrial operations to a midpoint of… Continue Reading…
June 2, 2021
“Energy recovery has a long way to go The S&P 500 energy sector SP500.10, 1.09% was up 36% for 2021 through the end of May. (All price changes in this article exclude dividends.) That’s the best sector performance in the benchmark index so… Continue Reading…
May 21, 2021
“Expected earnings growth The first shows the 20 largest energy companies in the S&P 1500 by market capitalization, with their consensus earnings estimates among analysts polled by FactSet for calendar 2021 and the following three years, if available. You may… Continue Reading…
April 14, 2021
“Goldman Sachs on Wednesday blew past analysts’ expectations with record first-quarter net profits and revenues on strong performance from the firm’s investment banking and trading businesses. The bank posted per-share earnings of $18.60, crushing the $10.22 estimate of analysts surveyed by… Continue Reading…
Recent Comments