UPDATE 1-Goldman Sachs to buy wealth manager United Capital for $750 mln [Reuters]
Moelis & Company Class A (MC)
Last moelis & company class a earnings: 4/22 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
moelis.com
Company Research
Source: Reuters
UPDATE 1-Goldman Sachs to buy wealth manager United Capital for $750 mln - Reuters 2 Min Read (Adds background, advisers) May 16 (Reuters) - Goldman Sachs Group Inc on Thursday agreed to buy boutique wealth management firm United Capital Financial Partners Inc for $750 million in its biggest deal since the financial crisis. Goldman has been ramping up efforts to grow its retail client base and deposits in a bid to diversify its revenue streams, and the deal will add United Capital’s 22,000 clients and $25 billion of assets under management to its portfolio. The deal, which comes just seven months after CEO David Solomon took the helm, also gives Goldman several thousand affluent and high net worth clients, a wealth bracket the bank currently does not serve. Joe Duran, founder and CEO of United Capital, will join Goldman Sachs, the companies said. Goldman Sachs is the financial adviser and Fried, Frank, Harris, Shriver & Jacobson LLP the legal adviser to Goldman Sachs. Moelis & Co advi
Show less
Read more
Impact Snapshot
Event Time:
MC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MC alerts
High impacting Moelis & Company Class A news events
Weekly update
A roundup of the hottest topics
MC
News
- Moelis & Company (NYSE: MC) was upgraded by analysts at Keefe, Bruyette & Woods from a "market perform" rating to an "outperform" rating. They now have a $86.00 price target on the stock, up previously from $71.00.MarketBeat
- FLUENT Completes Acquisition of RIV Capital, Adding New York Retail, Wholesale and Cultivation Operations to its Multi-State Footprint [Yahoo! Finance]Yahoo! Finance
- Vantiva Announces Plan to Sell its Supply Chain Solutions Division to Funds Managed by Variant Equity [Yahoo! Finance]Yahoo! Finance
- Fight Erupts Over Who Really Owns Italy's Oldest Football Club [Yahoo! Finance]Yahoo! Finance
- Vireo Growth Inc. Announces $75 Million Financing and Acquisitions of Four Single State Operators [Yahoo! Finance]Yahoo! Finance
MC
Earnings
- 10/23/24 - Beat
MC
Sec Filings
- 12/4/24 - Form 4
- 12/4/24 - Form 4
- 12/4/24 - Form 4
- MC's page on the SEC website