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Goldman Sachs' Q2 May Suffer From Investment Banking Malaise
Friday, July 8, 2016 - 3:19pm | 301Read More...Barclays expects second-quarter earnings of Goldman Sachs Group Inc (NYSE: GS) to come in below consensus, as it expects "another subdued, albeit sequentially improved, quarter for investment banking and trading." The brokerage, which has an Equal-Weight rating on the stock, cut its second-quarter...
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Bank Of America Q2 Preview: Weak NII Could Weigh On EPS
Friday, July 8, 2016 - 12:07pm | 310Read More...Barclays has cut its second-quarter EPS estimate on Bank of America Corp (NYSE: BAC) by $0.03 to $0.34 as it expects an $800 million FAS 91 drag on NII. "Our 2Q16 EPS estimate is $0.02 below consensus of $0.36. Investors' focus this quarter will likely be on its interest rate exposure, efficiency...
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Barclays Says The Tide Is Turning For Citigroup
Friday, April 10, 2015 - 10:46am | 207Read More...In a report published Friday, Barclays analyst Jason Goldberg previewed Citigroup Inc (NYSE: C)'s upcoming first quarter results, noting the company will demonstrate seasonally strong fee income and lower repositioning costs that will be partially offset by slightly higher expenses and lower NII....
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Barclays Raises Goldman Sachs Price Target On Solid Q214 Earnings
Wednesday, July 16, 2014 - 10:54am | 154Read More...In a note released Wednesday morning, Barclays analyst Jason Goldberg raised his price target on Goldman Sachs (NYSE: GS) from $170 to $185 and maintained an Equal-weight rating. Goldberg wrote, "Bottom line: Results came in well ahead of expectations." He noted that the largest...
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Citibank Blocks Start-up’s Bank Account, Cites Objectionable Content on Company’s Blog
Thursday, February 25, 2010 - 12:32pm | 198Read More...According to “Citibank Closes Start-ups Bank Account”, TechCrunch, in a bizarre incident, Citibank, the private consumer banking arm of Citigroup Inc. (NYSE: C), closed a bank account of a new start-up, Fabulis, citing “objectionable content” on the company’s own blog. Fabulis is a new social...
