Goldman asset management executive Gottlieb to leave firm
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
BMO Capital Raises Price Target on Goldman Sachs (GS) Following EPS Beat
July 20, 2016 9:00 AM EDTBMO Capital reiterated an Outperform rating on Goldman Sachs (NYSE: GS), and raised the price target to $214.00 (from $197.00), following the company's 2Q earnings report. GS reported an EPS of $3.75 ahead of the consensus estimate of $3.04.
Analyst James Fotheringham commented, "GS's 2Q16 core EPS of... More
Goldman Sachs (GS) Tops Q2 EPS Views; Trading Revenues Top Expectations
July 19, 2016 7:36 AM EDTGoldman Sachs (NYSE: GS) reported Q2 EPS of $3.72, $0.72 better than the analyst estimate of $3.00. Revenue for the quarter came in at $7.93 billion versus the consensus estimate of $7.58 billion.
FICC trading revenue was $1.93 billion, versus $1.80 billion expected.
Total trading revenue was $3.68 billion, with expectations at $3.67... More
