Company News for Dec 14, 2023
https://www.zacks.com/stock/news/2197972/company-news-for-dec-14-2023?cid=CS-ZC-FT-corporate_summary-2197972
Dec 14, 2023 - Companies in The News Are: ABM,PFE,HD,GS
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Dow Hits New All-Time High, S&P Within 1%
https://www.zacks.com/stock/news/2200214/dow-hits-new-all-time-high-s-p-within-1?cid=CS-ZC-FT-ahead_of_wall_street-2200214
Dec 19, 2023 - A late surge into the close has brought the blue-chip Down to a new all-time high: +251 points, +0.68%, to 37,557 for the first time ever.
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Goldman (GS) Eyes Expansion of Credit Business in India
https://www.zacks.com/stock/news/2200600/goldman-gs-eyes-expansion-of-credit-business-in-india?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2200600
Dec 20, 2023 - Goldman (GS) intends to expand its credit business operations in the flourishing market of India. Notably, it plans to broaden the range of its loan offerings and boost its currency trading in the country.
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AllianceBernstein (AB) Gets Mutual Fund License in China
https://www.zacks.com/stock/news/2205114/alliancebernstein-ab-gets-mutual-fund-license-in-china?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2205114
Jan 03, 2024 - AllianceBernstein (AB) becomes the latest financial institution to receive a license to operate its wholly-owned mutual fund business in China.
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Goldman (GS) Conidered as Potential AP for Spot Bitcoin ETF
https://www.zacks.com/stock/news/2205861/goldman-gs-conidered-as-potential-ap-for-spot-bitcoin-etf?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2205861
Jan 04, 2024 - Goldman (GS) is in talks to become AP for the spot Bitcoin ETF, which Grayscale and BlackRock are planning to launch. JPMorgan is also being considered for the role.
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Goldman (GS) Tops in M&A Advisory Despite Dealmaking Lull
https://www.zacks.com/stock/news/2205804/goldman-gs-tops-in-m-a-advisory-despite-dealmaking-lull?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2205804
Jan 04, 2024 - Goldman (GS) advises on 235 announced M&As in 2023, with an aggregate value of more than $671 billion. With this, it has a 31% market share of the global merger advisory.
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Goldman (GS) Reports Q4 Earnings: What Key Metrics Have to Say
https://www.zacks.com/stock/news/2210734/goldman-gs-reports-q4-earnings-what-key-metrics-have-to-say?cid=CS-ZC-FT-fundamental_analysis|nfm-2210734
Jan 16, 2024 - Although the revenue and EPS for Goldman (GS) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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Financial ETF Breaks Out to 52-Week High: Stocks to Watch
https://www.zacks.com/commentary/2213599/financial-etf-breaks-out-to-52-week-high-stocks-to-watch?cid=CS-ZC-FT-investment_ideas-2213599
Jan 22, 2024 - New yearly highs for banks are bullish and a sign of strength.
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Here's Why You Should Hold Goldman (GS) in Your Portfolio Now
https://www.zacks.com/stock/news/2224880/here-s-why-you-should-hold-goldman-gs-in-your-portfolio-now?cid=CS-ZC-FT-analyst_blog|zer_report_update-2224880
Feb 12, 2024 - IB and trading focus, and business expansion activities are likely to support Goldman (GS). However, elevated costs are major headwinds.
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Wells Frago's (WFC) 2016 Consent Order Terminated by OCC
https://www.zacks.com/stock/news/2227495/wells-frago-s-wfc-2016-consent-order-terminated-by-occ?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2227495
Feb 16, 2024 - Wells Frago (WFC) comes out of a legal hassle with the termination of the consent order imposed in 2016 relating to the fake account scandal. The order was uplifted by OCC.
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