Rafael Henrik | Lightrocket | Getty Images Poshmark, an online clothing retailer, filed its IPO prospectus on Thursday after making more than $ 30 million in profits in the past two quarters. Founded in 2011, it is an Internet marketplace for poshmarks, second-hand wear, shoes and accessories. Like eBay, Poshmark …
Read More »Morgan Stanley (MS) earnings 3Q 2020
Morgan Stanley beat analysts’ estimates for third-quarter revenue and profits, fueled by better-than-expected results from Pay’s Wall Street trading operations. The bank said in a release on Thursday that profits rose 25% to 2. 2.72 billion, or 1. 1.66 per share, from the start of the year, exceeding analysts’ estimates …
Read More »Earnings of Goldsmith (GS) is 3Q 2020
Goldham Sachs posted third-quarter results that crushed analysts’ profit estimates, beating stronger-than-expected strong results in bond trading and asset management. The company posted a profit of 62 62.622 billion, or $ 8.8 billion, higher than the 5 5.57 per share estimated by analysts surveyed by Refinitive. Company-wide revenue, managed by …
Read More »Banks move suspicious funds amid reports of lead drop in Dutsch Bank, JPMorgan financial shares
Deutsche Bank’s AG flag is flown outside the company’s office fees on Wall Street in New York. Mark Kajalrich | Bloomberg | Getty Images Financial stocks came under pressure on Monday amid a report that a number of global banks have moved illegal funds over the past two decades despite …
Read More »Goldman gave customers a list of stocks that could rise if the coronavirus vaccine is approved.
View of Mickey Mouse at the entrance to Walt Disney World Theme Park on July 9, 2020 in the Lake Buena vista of Florida. Octavio Jones | Getty Images (This story is just for CNBC Pro subscribers) With several Phase 3 Covid-19 vaccines and preliminary data earlier this month, Goldman …
Read More »