It is unbelievable how the stock market had become as stocks are getting manipulated all the time by greedy brokers. When a good company releases bad earnings, stock goes down. When the same company releases good earnings but does not exceed expectations, stock goes down as well.
Today, Merrill Lynch went down more than 5% when [...]
Posts Tagged ‘writedowns’
Merrill Lynch Profit Warning Rumors Are Not True
Posted in Earnings, General, tagged Earnings, europe, goldman sachs, merrill lynch, rumours, writedowns on June 20, 2008 | Leave a Comment »
Goldman Sachs $4.58 EPS Beats Estimates of $3.42
Posted in Earnings, tagged diversification, Earnings, goldman sachs, investment banks, managment, morgan stanley, volatile, writedowns on June 17, 2008 | Leave a Comment »
Goldman Sachs just reported its second quarter results this morning. The company earns $4.58 EPS which beats the concensus estimates of $3.42 by $1.16. In this volatile market and bad economy, Goldman Sachs still managed to have a strong quarter. With its wise investment strategies, Goldman Sachs is able to survive and thrive in this [...]
Merrill, JPMorgan, Goldman Sachs
Posted in General, tagged Earnings, financials, goldman sachs, jpmorgan, lehman brothers, market, merill, oversold, writedowns on June 12, 2008 | Leave a Comment »
There were lots of bad news for the financial sector lately. Just few days ago, Lehman Brothers posted a quarterly loss of 2.6 billion. As a result, many stocks (especially financials) went down. Yesterday, Goldman Sachs spread rumours that there could be further writedowns when they report earnings next week, on June 17. Next week [...]
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