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.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.