|Bid||259.50 x 100|
|Ask||262.00 x 100|
|Day's range||255.19 - 262.87|
|52-week range||209.62 - 262.87|
|PE ratio (TTM)||29.03|
|Forward dividend & yield||3.00 (1.16%)|
|1y target est||N/A|
The big events of the week will be the Bank of Japan and European Central Bank meetings. The Bank of Japan (the most important of the two) meets tonight.
Jim Cramer stressed the importance of buying stocks on weakness and pinpointed the small moments investors get to buy in.
President Donald Trump signed a bill to cut corporate tax rates from 35% to 21% last month. Charges taken for tax have created a revenue dent for most banks, including Citigroup (C), Bank of America (BAC), and Goldman Sachs (GS). Morgan Stanley (MS) has reported a one-time net discrete tax provision of $990 million, composed of a ~$1.2 billion tax discrete provision offset by ~$168 million associated with reserves and interest-related tax examinations.
By deploying technology and economies of scale, BlackRock (BLK) has improved its operating margins in the last few quarters. BlackRock holds a major portion of its assets under management (or AUM) in index funds and ETFs. BlackRock spent ~$2.0 billion in 4Q17, representing 19.0% growth compared to 20.0% growth in revenues.
The S&P 500 and Nasdaq composite reached record highs on Monday as Wall Street shrugged off the first U.S. government shutdown since 2013.
Goldman Sachs & Co. is aiming to become part of the cryptocurrency trading industry after receiving requests from its clients to facilitate clearing, CFO tells analysts.
Jan.22 -- Goldman Sachs Group Inc. and other banks expect corporate defaults in China to pick up again in 2018, as the government’s campaign to weed out risk from the financial system spurs a cash crunch. Bloomberg's Lianting Tu reports on "Bloomberg Markets: Asia."