Goldman Sachs Posts Best Stock-Trading Quarter in History

Goldman Sachs Posts Best Stock-Trading Quarter in History

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Bloomberg Intelligence hosted by Paul Sweeney and Lisa Mateo

Alison Williams, Bloomberg Intelligence Senior Analyst, Global Banks and Asset Managers, discusses U.S bank earnings. Goldman Sachs Group Inc.'s stock traders posted the largest revenue haul in Wall Street history, with equity-trading revenue of $4.3 billion for the second quarter. Morgan Stanley's stock traders scored their best second quarter on record, earning $3.72 billion in equity-trading revenue, a 23% jump from a year ago. Bank of America Corp.'s traders posted a record second quarter as the company reaped the benefits of volatile markets and net interest income topped analysts' estimates.

Woo Jin Ho, Bloomberg Intelligence Senior Technology Analyst, discusses Hewlett Packard Enterprise creating a new strategy committee and agreeing to work with Elliott Investment Management to help boost value. Other members of the committee will include Gary Reiner, Raymond Lane and Charles Noski.

Duncan Fox, Bloomberg Intelligence Senior Consumer Staples Analyst, discusses Diageo Chief Executive Officer Debra Crew stepping down after a bruising run in which the company’s stock has plummeted. The maker of Guinness and Johnnie Walker whisky said Wednesday Chief Financial Officer Nik Jhangiani had been appointed interim CEO, with a search already under way for Crew’s permanent replacement.

Herman Chan, Bloomberg Intelligence Senior Analyst for US Regional Banks, discusses regional bank earnings. They include results from First Horizon, PNC Financial, and MT&T Bank.

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Bermuda Tourism's Hanbury on Boon of America's Cup 2017 (Audio)

Bermuda Tourism's Hanbury on Boon of America's Cup 2017 (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Bill Hanbury, CEO of the Bermuda Tourism Authority, on the health of the industry and what's driving tourism in Bermuda. Broadcasting live from Elbow Beach Bermuda.See omnystudio.com/listener for privacy information.

13 Touko 20168min

Bloomberg's Wilson on Winners, Losers, Stock of the Day (Audio)

Bloomberg's Wilson on Winners, Losers, Stock of the Day (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. Guest: Bloomberg stocks editor David Wilson on today's market winners, losers, and Stock of the Day: Teladoc.See omnystudio.com/listener for privacy information.

13 Touko 201612min

Russell Coutts on Improved Televising of America's Cup (Audio)

Russell Coutts on Improved Televising of America's Cup (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. Guest: Sailing legend Sir Russell Coutts, CEO of the America's Cup Event Authority (ACEA), the organizing body for the 35th America's Cup, on the 2017 America's Cup in Bermuda.See omnystudio.com/listener for privacy information.

13 Touko 20168min

Merlin's Obuchowski on AAPL: Not Impressed With Tim Cook(Audio)

Merlin's Obuchowski on AAPL: Not Impressed With Tim Cook(Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. Guest: Michael Obuchowski, Founder of Merlin Asset Management, on the markets, where he is finding value, and his views on the tech sector: he's not impressed with Tim Cook leading Apple.See omnystudio.com/listener for privacy information.

13 Touko 201611min

NPD's Cohen: Department Stores Must Change Their Game (Audio)

NPD's Cohen: Department Stores Must Change Their Game (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Marshall Cohen, Chief Retail Analyst at NPD Group, for analysis of retail sales numbers, and the recent disappointing earnings from the sector. Broadcasting live from Elbow Beach Bermuda.See omnystudio.com/listener for privacy information.

13 Touko 201611min

Nancy Gosling on Defending 'Dark & Stormy' Trademark (Audio)

Nancy Gosling on Defending 'Dark & Stormy' Trademark (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. Nancy Gosling, President and CEO of Gosling's Group of Companies, and daughter Victoria Esposito, Marketing Manager at Gosling's, on their 200 year old family business, the rum industry, and trademarking the Dark and Stormy drink. Broadcasting live from Elbow Beach Bermuda.See omnystudio.com/listener for privacy information.

13 Touko 201611min

Bermuda Premier Dunkley: 'We Won't Let You Hide Things' (Audio)

Bermuda Premier Dunkley: 'We Won't Let You Hide Things' (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: The Honorable Michael Dunkley, Premier of Bermuda, on the local economy, business and tourism in Bermuda. He also weighs in on the Panama Papers, and how Bermuda has always enforced compliant and transparent business practices. Broadcasting live from Elbow Beach Bermuda.See omnystudio.com/listener for privacy information.

13 Touko 201611min

Saut Discusses Exercising Patience in Investing (Audio)

Saut Discusses Exercising Patience in Investing (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Jeffrey D Saut Mng Dir/Chief Investment Strategist Raymond James & Assoc Inc Jeffrey Saut, Chief Investment Strategist at Raymond James, on the US stock market and earnings.See omnystudio.com/listener for privacy information.

12 Touko 201611min

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