Want to join the conversation?
Glenn Schorr of Evercore ISI asks for an update on YTD comp ratios. $GS said currently 42% is the best estimate. Cost efforts on a run rate basis translate into $700MM of run rate savings and after severance, this number would come to $350MM this year. With this, compensation and benefits expenses are down 28% YTD.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?