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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Teucrium's Gilbertie Sees Continued Strength in Corn (Audio)

Teucrium's Gilbertie Sees Continued Strength in Corn (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Sal Gilbertie, President and Founder of Teucrium Trading LLC—which trades corn, wheat, soybeans, sugar – on the jump in soybeans and corn prices, and an update on other agricultural commodities.See omnystudio.com/listener for privacy information.

12 Maj 201611min

GlobalReach's Mulhall on BOE, Sees Further GPB Strength (Audio)

GlobalReach's Mulhall on BOE, Sees Further GPB Strength (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Ciaran Mulhall, Chief Investment Officer at Dublin-based GlobalReach Securities Ltd., on the Bank of England’s rate decision and Brexit.See omnystudio.com/listener for privacy information.

12 Maj 20168min

Desh Deshpande: Boston is Blessed With Problem Solvers (Audio)

Desh Deshpande: Boston is Blessed With Problem Solvers (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox.\u0010\u0010Guest:\u0010Desh Deshpande, President and Chairman of the Sparta Group LLC and a trustee at the Despande Foundation, on the Boston tech scene and current projects in development.See omnystudio.com/listener for privacy information.

11 Maj 20166min

SRG's Flickinger Says Legal Strategy Erred on ODP-SPLS (Audio)

SRG's Flickinger Says Legal Strategy Erred on ODP-SPLS (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Burt Flickinger, Managing Director, Strategic Resource Group, on Macy's earnings, and the failed Office Depot- Staples merger.See omnystudio.com/listener for privacy information.

11 Maj 20168min

FBB's Bailey Likes Consumer Staples, Looking at Tobacco (Audio)

FBB's Bailey Likes Consumer Staples, Looking at Tobacco (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Mike Bailey, Director of Research at FBB Capital Partners, on earnings, what’s driving the markets, and the latest in the Google/Oracle case.See omnystudio.com/listener for privacy information.

11 Maj 201611min

Dollar Shave Club's Dubin, Mourad on New Grooming Line (Audio)

Dollar Shave Club's Dubin, Mourad on New Grooming Line (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Michael Dubin, CEO and Co-Founder of Dollar Shave Club, and Fadi Mourad, Chief Product Innovation Officer, on disrupting the razor industry with their straight-to-consumer delivery business, and the company's new personal grooming products.See omnystudio.com/listener for privacy information.

11 Maj 201611min

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: Fogo de Chao (FOGO).See omnystudio.com/listener for privacy information.

11 Maj 201612min

Cory Booker on 'Cutting Thru Red Tape' on Tunnel Project(Audio)

Cory Booker on 'Cutting Thru Red Tape' on Tunnel Project(Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Senator Cory Booker to discuss the status of the Gateway Rail Tunnel project: his views on the project, potential funding from the government, and cutting through the red tape.See omnystudio.com/listener for privacy information.

11 Maj 20168min

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