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Consumer Loan Rates Surpass Bonds, Boosting Lending Club's Popularity
Thursday, September 8, 2011 - 12:36pm | 558The company that aims to cut out the middle man is taking things one step further as investors flock to the service. Lending Club, the “safe alternative” to traditional banking, is beginning to attract investors who buy pieces of loans and receive higher returns than they would get from stocks or...
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Morgan Stanley Maintains Equal-Weight on Thomson Reuters
Monday, July 11, 2011 - 7:49am | 91Morgan Stanley is out with its report today on Thomson Reuters (NYSE: TRI), maintaining Equal-weight. In a note to clients, Morgan Stanley writes, "We view TRI as an attractive large-cap investment vehicle, but find the valuation fair at current levels. We believe investors view TRI as a...
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Morgan Stanley Updates 7/6
Wednesday, July 6, 2011 - 7:19am | 197Morgan Stanley made a number of updates in a research report published today. Intuit (NASDAQ: INTU) had its rating lowered from Overweight to Equal-weight. At the same time, the rating agency removed its price target on the company's stock. On Tuesday, Intuit added 0.23% to its value to end the...
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National Bank Provides Color on Thomson Reuters, Outperform
Tuesday, June 7, 2011 - 8:06am | 143National Bank provided color on Thomson Reuters (NYSE: TRI) after the company announced its plans to sell its Healthcare division by the end of this year. In a research report published today, National Bank states "TRI has indicated that its guidance for 2011 ex-FX is unchanged as it continues to...
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Citi Provides Color on Thomson Reuters, Hold
Tuesday, June 7, 2011 - 7:43am | 125Citi provided color on Thomson Reuters (NYSE: TRI) as the company announced its plans to sell its Healthcare business by the end of this year. In a research report published today, Citi states, "Thomson Reuters announced that it intends to divest its Healthcare business from its "Health &...
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AboveNet Appoints Peter Murray As VP Of Finance
Tuesday, May 17, 2011 - 6:05am | 97According to Thomson Reuters One, AboveNet (NYSE: ABVT) has appoint Peter Murray as its Vice President of Finance. In the report, Thomson Reuters writes, "With 30 years experience in a variety of sectors including technology, media and telecom, Mr. Murray will manage the UK and European finance...
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J.P. Morgan Maintains Neutral on Thomson Reuters (TRI)
Tuesday, April 5, 2011 - 8:32am | 119J.P. Morgan is out with its report on Thomson Reuters (NYSE: TRI), maintaining Neutral. In a note to clients, J.P. Morgan writes, "We're maintaining our Neutral rating on TRI shares following the company's Investor Day in New York. The meeting was a deep-dive on the Markets division with...
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Goldman Sachs Comments On TRI Analyst Day
Friday, April 1, 2011 - 9:17am | 260Goldman Sachs is providing a few comments on Thomson Reuters Corporation's (NYSE: TRI) analyst day. (1) “The focus is on the right places. Common platforms, aggressively resourcing the turnaround of the investment management (IM) business, and staking claim on emerging market economies,” Goldman...
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J.P. Morgan Lowers TRI Target To $40 From $43
Friday, February 11, 2011 - 9:07am | 147J.P. Morgan is lowering its PT on shares of Thomson Reuters (NYSE: TRI) to $40 from $43. “Q4,10 results were below estimates with revenues +3% (+2% organic and ex currency) and EBITA -2%. “Adjusted” EPS totaled $0.43 v. $0.44 a year-ago,” J.P. Morgan writes. “Segment margins were broadly light,...
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Barrick Gold (ABX) Posts Record $837 Million Profit
Thursday, October 28, 2010 - 7:16am | 229Toronto, Canada based Barrick Gold Corporation (NYSE: ABX) on Thursday morning released financial results that beat Wall Street expectations. Barrick Gold Corporation reported that its 3rd quarter net income was a record $837 million, or 85 cents per share. Excluding special items, the company...
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Dow Chemical Company (DOW) Blows Past Earnings Estimates
Thursday, October 28, 2010 - 7:04am | 246Dow Chemical Company (NYSE: DOW) announced on Thursday morning that it easily beat consensus Wall Street earnings estimates. Dow Chemical Company reported that its 3rd quarter net income from continuing operations fell to $597 million, or 45 cents per share, down from $799 million, or 63 cents per...
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Ball Corporation (BLL) Earnings Surge But Miss Estimates
Thursday, October 28, 2010 - 6:35am | 237Ball Corporation (NYSE: BLL) released financial results on Thursday morning that missed Wall Street earnings estimates, while just beating revenue expectations. Ball Corporation announced that its 3rd quarter net earnings from continuing operations climbed to $222.2 million, $2.44 per share, up...
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Corn Products International (CPO) Posts Mixed Results
Thursday, October 28, 2010 - 6:21am | 285Corn Products International, Inc. (NYSE: CPO) on Thursday morning released financial results that barely beat Wall Street earnings expectations, while just missing revenue estimates. Corn Products International, Inc reported that its 3rd quarter net income dropped to $36.9 million, or 48 cents a...
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Carbo Ceramics (CRR) Profits And Revenue Surge
Thursday, October 28, 2010 - 6:07am | 285Houston, Texas based Carbo Ceramics, Inc. (NYSE: CRR) announced on Thursday morning that it easily beat consensus Wall Street estimates. Carbo Ceramics, Inc reported that 3rd quarter net income jumped to $20.2 million, or 87 cents per share, up from $14.4 million, or 62 cents per share, a year...
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Jefferies Group (JEF) Revenue And Earnings Plunge
Wednesday, September 22, 2010 - 8:55am | 247New York city based Jefferies Group, Inc. (NYSE: JEF) announced on Wednesday morning that it missed consensus Wall Street earnings estimates. Jefferies Group, Inc reported that its 3rd quarter net earnings to common shareholders fell to $46.3 million, or 23 cents per share, down from $86.3 million...