Goldman Sachs News
News on Goldman Sachs (Ticker: GS) continually updated from thousands of sources around the net.
1 hr ago | Seeking Alpha
Three factors underpin the Sell rating: the firm's EBITDA estimates are 59% and 35% below consensus for 2014 and 2015 given its met price view; it believes WLT's $250M asset sale goal will be difficult to achieve; and at current met prices, WLT may face a potential liquidity challenge in two years given negative free cash flow.
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1 hr ago | BroadwayWorld.com
Follies at the Barn Players in Mission, Kan. is an amusing musical about the demise of the follies and the Weissman Theatre in New York in 1971.
2 hrs ago | Benzinga
In a report published Monday, Morgan Stanley analyst Betsy Graseck voiced optimism that Goldman Sachs Group will "manage through" the Volker Rule's impact.
3 hrs ago | The Washington Post
Talks to merge the world's biggest gold-mining companies, Barrick Gold Corp. and Newmont Mining Corp., broke down three days ago amid minor disagreements that leave open the possibility that a deal could be revived, two people with knowledge of the matter said.
Kenneth Lee and Michael Yoshino, former Soros Fund Management LLC Asia specialists, plan to start their own hedge fund investing in Asian equities with the backing of Hong Kong's HS Group Ltd. in the third quarter.
Some observers view it as an established, low-risk way for funds to generate additional income for shareholders.
Foreign individuals and businesses long ago cut back on their purchases of U.S. bonds.
Nevertheless, while the Dow Jones Industrial Average did end the day in the red both the Nasdaq and S&P 500 managed to eke out small advances.
"Fundamental to modern thinking on central banking is the idea that monetary policy is more effective when the public better understands and anticipates how the central bank will respond to evolving economic conditions.
Abdel-Magid Breish, the chairman of Libya's $66 billion sovereign wealth fund, said it planned to hire external companies to manage about $11 billion of its assets under a restructuring plan.
Rajat Gupta , the former Goldman Sachs Group director convicted in a 2012 insider trading scheme tied to the Galleon Group hedge fund, agreed to surrender to prison authorities on June 17 to begin a two-year sentence, a federal judge in Manhattan said.
The suit says stock exchanges, investment banks and others defrauded investors by manipulating market data in favor of split-second stock-trading firms.
The free River to River Festival returns in 2014 to various outdoor NYC venues from June 19-29 and includes music, dance, theater, visual art, film and "unique participatory experiences."
The interesting thing to me in the earnings reports of these two major firms is the stress each management gave to different financial measures.
Goldman Sachs-backed data management company BackOffice Associates of Cape Cod announced that it opened five new offices around the world as demand increases for its data management software and services.