Wall Street giant Goldman Sachs Group Inc. (NYSE: GS) today reported its third-quarter financial results, posting better-than-expected earnings. Goldman’s third-quarter revenue more than doubled, driven by investment gains. The company also raised its quarterly dividend.
Continue reading Goldman’s Q3 Profit Beats Estimates; Shares Marginally Higher (GS)
Shares of Citigroup Inc. (NYSE: C), a global diversified financial services company providing consumers, corporations, governments and institutions with a broad range of financial products and services, are gaining in trading today.
Continue reading Major Gainers and Losers in Early Trading on October 16; C, GS, TXI, ISIS, DPZ, GWW
Shares of Maxwell Resources Inc. (OTCBB: MAXE), a Nevada based Mineral Exploration Company that is focused in acquiring coal, gold, silver, iron ore and copper interests in Colfax County, New Mexico, are soaring in today’s trading.
New York-based banking giant, Citigroup Inc. (NYSE: C) reported results for the third quarter of 2012 ended Sep 30, 2012. Citi shares rose sharply as the company’s results beat Street estimates.
Continue reading Citigroup Shares Gain as Q3 Results Beat Estimates (C)
Japan’s SoftBank Corp. today announced that it will acquire a 70% stake in Sprint Nextel Corp. (NYSE: S), the No. 3 U.S. wireless carrier, for $20.1 billion. The Wall Street Journal had last week reported that the two companies were in advanced talks for a deal. The deal comes a few days after the announcement of the T-Mobile/MetroPCS Communications Inc. (NYSE: PCS) merger.
Continue reading Japan’s SoftBank to Acquire 70% Stake in Sprint Nextel (S)
Shares of Clearwire Corporation (NASDAQ: CLWR), a provider of fourth-generation (4G) wireless broadband services, are soaring in early trading today. At last check, CLWR shares were trading 22.84% higher at $2.85 on above average volume of 47.79 million. The stock hit a 52-week high of $2.96 in early trading today.
New York based, largest U.S. bank by assets, JP Morgan Chase & Co. (NYSE: JPM) reported results for the third quarter of 2012 ending Sep 30, 2012.
Shares of Peregrine Pharmaceuticals Inc (NASDAQ: PPHM), a California based biopharmaceutical Company that is focused on the research, development and commercialization of novel therapeutics for cancer and a wide range of viral diseases, are down sharply in today’s trading.
Shares of J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), a provider of surface transportation and delivery services to a diverse group of customers and consumers throughout the continental U.S., Canada and Mexico, are soaring in trading today.
Continue reading Major Gainers and Losers in Early Trading on October 12; JBHT, AMD, LXRX, WFC
Shares of iGate Corporation (NASDAQ: IGTE), a provider of integrated end-to-end offshore centric information technology (IT) and IT-enabled operations solutions and services, rose more sharply in pre-market trading today after the company reported better-than-expected third-quarter profit. However, the company’s third-quarter revenue growth slowed due to delays in contract renewals.
Continue reading iGate Shares Rise Sharply as Q3 Results Beat Estimates (IGTE)