1. Home /
  2. Investment Banking

Investment Banking

Stock-Buyback Frenzy Will End After $2.5 Trillion Corporate Debt Binge

Stock-Buyback Frenzy Will End After $2.5 Trillion Corporate Debt Binge

Companies in the S&P 500 bought back a record $806 billion of their own shares last year. But the tactic - used by CEOs to juice their stock prices - may become less common as more companies confront the need to pay down debt, Bank of America analysts warn in a new note.

Blackstone CEO Schwarzman Makes $573 Million in One Day as Shares Jump

Blackstone CEO Schwarzman Makes $573 Million in One Day as Shares Jump

Stephen Schwarzman, founder and CEO of the giant U.S. private-equity firm Blackstone, was already one of the world's richest men. But after an announcement that the partnership will convert to a stock corporation sparked the biggest one-day rally in its publicly traded units, Schwarzman is immediately $573 million richer on paper.

Blackstone Shares Jump on Plan to Convert Partnership Units Into Stock

Blackstone Shares Jump on Plan to Convert Partnership Units Into Stock

The private-equity firm says the conversion will allow investors to buy its shares without creating the need for a Schedule K-1, an Internal Revenue Service tax form that's used to report earnings from partnerships.

Is Morgan Stanley the Best Bank to Buy on Earnings?

Is Morgan Stanley the Best Bank to Buy on Earnings?

Morgan Stanley stock is pressing higher after beating earnings and revenue estimates. This is the key level to hold now.

Morgan Stanley Profit Falls 9% Amid Trading Slump but Beats Estimates

Morgan Stanley Profit Falls 9% Amid Trading Slump but Beats Estimates

Morgan Stanley says first-quarter profit falls 9% from a year earlier as revenue tumbles in the New York-based investment bank's trading business. But the results still exceed the expectations of Wall Street analysts.

Jim Cramer: What Bank of America's Earnings Mean for Banks

Jim Cramer: What Bank of America's Earnings Mean for Banks

Jim Cramer weighs in on bank earnings and what they mean after a slew of bank earnings, including Bank of America's earnings.

Bank of America Profit Beats Estimates After Cost Cuts

Bank of America Profit Beats Estimates After Cost Cuts

Bank of America's first-quarter revenue didn't grow from a year earlier, but the bank led by CEO Brian Moynihan cut costs by 4%, helping to push earnings per share to 70 cents. That level beat analysts' average estimate of 66 cents.

Ask Cramer: How to Play Big Tech After Earnings

Ask Cramer: How to Play Big Tech After Earnings

How should you play big tech after Goldman Sachs reported earnings? Here's what Jim Cramer had to say.

Did Goldman Sachs Stock Become a Buy on the Earnings Dip?

Did Goldman Sachs Stock Become a Buy on the Earnings Dip?

Shares of Goldman Sachs are falling Monday after reporting earnings. All hope is not yet lost, though.

Citigroup Profit Beats Estimates Thanks to Cut in Corporate Tax Rate

Citigroup Profit Beats Estimates Thanks to Cut in Corporate Tax Rate

Citigroup posts better-than-expected results for the first quarter as a cut in the U.S. bank's effective corporate tax rate helps to offset a fall in stock-trading revenue.