Three Trending Stocks: Goldman Sachs Group Inc. (NYSE:GS), Herbalife Ltd. (NYSE:HLF), Potash Corporation of Saskatchewan Inc. (NYSE:POT)

Posted by Beth Hart January 16, 2014 0 Comment 1324 views


Goldman Sachs Group Inc.(NYSE:GS) has since announced results for the last fiscal quarter. The company has noted Q$ EPS of $4.60 which beats estimates by $0.43. The company’s revenue was $8.78 Billion, which beats estimates by $1.16 billion. The main business segment for Goldman Sachs which pulled down the overall aggregate was FICC business, which slid by over 15% over previous year, reporting $1.72 billion as revenue. Goldman Sachs was further handicapped on the equity revenue front as well- ever since the sale of its insurance unit in the America’s leading to 27% decline in the year-on-year performance and reporting $1.68 billion as equity revenue. The bottom line for this investment major was the persistent economic changes, which impacted general activity, driving it to maintain a low profile.

HLF

Herbalife Ltd.(NYSE:HLF) drives Bill Ackman into place his career online, even as his allegations of fraud by this micronutrient supplier and multiple-level-marketing were ignored by investors who drove the stock upward by over 300%, in this first week of January. Now there is division of opinion, if the whole issue between Ackman- Herbalife-stock markets were not actually orchestrated by Herbalife CEO- Michael Johnson himself, to see more action on the stock market. However, this may not be likely as the company does continue on the strength of product and good market entry in emerging markets.

POT

Potash Corporation of Saskatchewan Inc. (NYSE:POT) will see changes in the sector as Obama Administration continues to push new measures on the use of fertilizers in the agriculture sectors. The issue in question is the measure of inflammable ammonium compounds that can be stored by famers or oil drillers. The new rule which the administration is implementing is due to a blast in Texas in 2013. On the other hand, POT actually recorded a stock market rally of 3.4% on Jan 15, 2014, following the price rise for potash, following higher than usual rates at which Uralkali sold to Brazil and China.



About Beth Hart

Beth is from New York. She has two master’s degrees and served as a lecturer in B-School. Her master’s degree is an MBA in Global Management from the University of Phoenix (2010). She has worked for small businesses, public agencies, and large corporations. She does write articles as a freelancer.

View all post by Beth Hart

Write Your Comment