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Wells Fargo | January 14, 2020
The S&P 500 eased from record levels on Tuesday, as technology stocks handed back gains made on hopes of a preliminary U.S.-China trade deal and Wells Fargo slid in a mixed start to big banks’ quarterly earnings. Kicking off the fourth-quarter earnings season, the largest U.S. bank, JPMorgan Chase & Co (JPM.N), rose 2.3% after reporting a better-than-expected profit on strength in its trading and underwriting businesses, keeping the blue-chip Dow index in the positive territory. We...
BV Investment Partners | March 02, 2020
BV Investment Partners ("BV"), a middle-market private equity firm focused on the tech-enabled business services, software and IT services sectors, announced today that it has successfully completed its first and final close for BV Investment Partners Fund X at its hard cap of $1.1 billion. The Fund had a $1 billion target and received limited partner commitments in excess of its $1.1 billion hard cap. Vik Raina, CEO and Managing Partner of BV Investment Partners, said, "BV ...
Watchdog Capital | July 23, 2020
Watchdog Capital announces a new securities offering platform. Watchdog Capital is focused on the intersection of digital securities and traditional assets. The firm recognizes the potential of distributed ledger technologies, Bitcoin, and related blockchain applications to modernize and improve the global securities market. Watchdog Capital is a U.S. Securities and Exchange Commission registered broker-dealer and a member of FINRA (Financial Industry Regulatory Authority, Inc). The aim o...
Goldman | March 11, 2020
David Kostin just made a bold call: The 11-year-old bull market in U.S. stocks is about to become history. The chief strategist for U.S. equities at Goldman Sachs Group Inc. cut his year-end forecast for the S&P 500 while trimming his profit estimates for a second time in a month. Earnings will drop at least 12% in each of the next two quarters as plunging oil prices and the spread of the coronavirus hurt businesses, he said. With profits poised to collapse and sentiment to worsen, Kostin no...
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