Stay Away from Equity Brokers

Last week was one that contained a number of earnings from financial companies: Morgan Stanley (MS), Goldman Sachs (GS), Citigroup (C), Bank of America (BAC) and a number of others. While there were a number of better-than-expected earnings reports from the group, sifting through the data shows it was not all peaches and cream.

As we know, the initial public offering (IPO) market and merger and acquisition (M&A) activity has been rather robust, and this helped fuel the quarterly results. Data from FactSet revealed a big pick-up in June M&A activity, with reported...402 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.