WhatsApp? Not Goldman Sachs. The world's top deal adviser for nine of the past 10 years, Goldman Sachs Group Inc has been notably absent on 2014's largest mergers and acquisitions, including Facebook's $19 billion deal to purchase mobile messaging service WhatsApp.Normally the go-to-banker for big deals, Goldman has missed out on the top five transactions in the young year, according to Thomson Reuters data. Facebook Inc relied on boutique investment firm Allen & Co to help with its offer to purchase startup WhatsApp, which in turn chose Morgan Stanley.The deal, announced on Wednesday, will earn the two banks up to $85 million in estimated fees, according to Freeman & Co LLC, a mergers and acquisitions advisory firm which researches the financial services industry.Typically, Goldman Sachs starts out slowly and still land at the top of the league tables by the end of the year. One big transaction can heavily sway bankers' rankings.
Facebook, Inc. (Facebook) is engaged in building products to create utility for users, developers, and advertisers. Shares of FB traded higher by 2.87% or $1.95/share to $70.01. In the past year, the shares have traded as low as $22.67 and as high as $69.08. On average, 62135500 shares of FB exchange hands on a given day and today's volume is recorded at 118424920.
The Goldman Sachs Group, Inc. (Goldman Sachs) is a global investment banking, securities and investment management firm that provides a range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Shares of GS traded higher by 0.77% or $1.2575/share to $164.52. In the past year, the shares have traded as low as $137.29 and as high as $181.13. On average, 3090450 shares of GS exchange hands on a given day and today's volume is recorded at 2161083.
Morgan Stanley is a global financial services company that, through its subsidiaries and affiliates, provides its products and services to a range of clients and customers, including corporations, governments, financial institutions and individuals. Shares of MS traded higher by 1.19% or $0.345/share to $29.30. In the past year, the shares have traded as low as $20.16 and as high as $33.52. On average, 12443300 shares of MS exchange hands on a given day and today's volume is recorded at 11363218.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 1.24% or $0.42/share to $34.39. In the past year, the shares have traded as low as $29.61 and as high as $38.73. On average, 716803 shares of TRI exchange hands on a given day and today's volume is recorded at 990917.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.29% or $0.11/share to $38.18. In the past year, the shares have traded as low as $30.10 and as high as $42.10. On average, 896050 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 1575385.
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