Goldman Sachs Asset Management to Acquire Synthon for $2.1 Billion, Financial Times Reports
Goldman Sachs: Reaffirms MENGNIU DAIRY "Buy" rating with a Target Price of 19.9 HKD.
Goldman Sachs released a research report stating that it reaffirms MENGNIU DAIRY (02319) with a 'Buy' rating and a Target Price of HK$19.9. The report mentions that MENGNIU DAIRY's management recently reaffirmed its commitment to achieving high-quality growth in the future. Management stated that the focus for the next three years is to improve gross margin and operational efficiency to achieve diversification of categories and enhancement of profitability, aiming for a core gross margin expansion of 30-50 basis points annually from 2025 to 2027. The bank noted that the group has made some progress in streamlining upstream supply capacity, but is still waiting for more supportive policies to stimulate dairy consumption. Management continues to expect raw milk...
Overwhelming consensus! Wall Street "targets" Banks stocks as the top choice for 2025.
Buying bank stocks has become the overwhelming consensus among strategists at major Wall Street firms regarding their outlook for 2025.
The Bank of England is expected to hold steady this week as the benchmark interest rate remains far above expectations from the beginning of the year.
At the beginning of the year, investors anticipated that the Bank of England would cut interest rates six times; however, as 2024 comes to a close, the benchmark rate is a full percentage point higher than expectations from 12 months ago. The Bank of England is expected to maintain the interest rate at 4.75% in Thursday's policy meeting and continue to adhere to the guideline of 'still appropriate to gradually relax restrictive policies.' Although Bank Governor Bailey indicated that there may be four rate cuts in 2025, the market, after failing to make aggressive bets on rate cuts, only expects three cuts next year, possibly starting in February. The decision from the Bank of England on December 19 is anticipated to stay put.
Why Wall Street Says Bank Stocks Are a Top Play for 2025
Are You Ultra-Rich, Rich or Merely Affluent? It Makes a Big Difference for Your Bank -- Heard on the Street -- WSJ
BofA, Goldman Sachs To Contribute To Trump's Inaugural Committees: Report
Express News | Goldman Sachs to Make Donation to President-Elect Trump's Inaugural Committee, but Has Not Determined Amount - Spokesperson
Weekly Buzz: Tech stocks hit high scores on ominous day
A Closer Look at Goldman Sachs Gr's Options Market Dynamics
Market Mixed on Friday the 13th | Livestock
Market Chatter: Blackstone, Bain Capital Among Final Bidders for Mitsubishi Tanabe Pharma
RBC Capital Maintains Goldman Sachs(GS.US) With Hold Rating, Raises Target Price to $610
Trump Advisers Seek to Shrink or Eliminate Bank Regulators
Goldman Sachs Asset Management Announces Liquidation of Three Exchange-Traded Funds
Thursday Ends in Index Declines | Wall Street Today
Bank Stocks Slip After CFPB Finalizes Overdraft Fee Rule
Servicetitan Soars 46% in Nasdaq Debut as IPO Well Received
Pimco: Banks' risk transfer tools may have "hidden" risks.
PIMCO urges caution regarding the rapidly growing Synthetic Risk Transfer (SRT) market. These tools are increasingly being used by banks to transfer risk and enhance lending capacity. Pimco portfolio manager Kris Kraus and others highlighted in a report this week that SRT should be treated with caution within the asset-backed financing sector, "because of its significant capital formation or hidden risks that are yet to be verified." Banks in Europe and an increasing number of Bank of America are using SRT, also known as significant risk transfer, to transfer loan review risks to investors, thereby freeing up capital for issuing new loans. Since last year.
"Person of the Year" Trump rings the opening bell at the NYSE, emphasizing that "the stock market is everything."
On December 12, the elected President Trump was named Time Magazine's Person of the Year for 2024, ringing the opening bell at the NYSE that day; Trump rang the bell with the CEO of ICE and the CEO of Time Magazine, along with the president of the NYSE, while the CEOs of companies such as Goldman Sachs and Citigroup were present; Trump promised an "unprecedented economy," planned to increase oil drilling to reduce inflation, and committed to lowering the corporate tax rate to 15%.