Goldman Sachs News

United States stocks rose on Tuesday, with the Dow and the S&P 500 closing at new all-time highs as Federal Reserve officials' comments eased some concerns that the central bank could start reducing its stimulus programme.

Receiving $54 million in consulting fees for a decade's work on her own family's offshore trusts is unusual and probably saved U.S. Commerce Secretary nominee Penny Pritzker on taxes, according to estate experts.

Merck & Co Inc said it has entered into a $5 billion share repurchase agreement with Goldman Sachs Group Inc, as the drug giant looks to prop up shareholder value in face of stiff competition from makers of less-costly generics.

The Dow Jones industrial average and S&P 500 ended at all-time highs, while the dollar rose and gold fell.

Rajat Gupta , former Goldman Sachs director and former senior partner at McKinsey & Co., exits Federal court with his lawyer Gary Naftalis after being sentenced to two years in prison on Oct.

Improving economic growth, rising dividends and potentially low interest rates. It's all good for Wall Street and the stock market.

A lawyer for a former board member at Goldman Sachs and Procter & Gamble Co. has told a federal appeals court that his client deserves a new trial.

Goldman Sachs Group Inc. said the U.S. stock-market rally may last at least another 2 1/2 years, sending the Standard & Poor's 500 Index up 26 percent to 2,100. David Kostin , the bank's New York-based chief U.S. equity strategist, raised forecasts for the U.S. equity benchmark, predicting it will finish 2013 at 1,750 and 2014 at 1,900 as stock ... (more)

Singapore state investment company Temasek Holdings Pte. Ltd. bought part of the shares sold by Goldman Sachs Group in Industrial & Commercial Bank of China Ltd.

Nine Wall Street firms have been actively involved in creating an alternative to one of Bloomberg LP's most widely used programs, its chat messaging network, people briefed on the effort said.

Financial stocks were up in early trades on Monday, continuing their winning streak ahead of Fed Chief Ben Bernanke's testimony to Congress on Wednesday.

SIFMA, the U.S. securities industry's largest trade group, named former Senator Judd Gregg as chief executive officer, in a move that may signal a desire to mend fences with ordinary Americans and U.S. Congress.

John Thornton, the former Goldman Sachs president who specializes in Chinese affairs, is stepping down from the board of HSBC to spend more time on his other business interests, Europe's biggest bank said on Monday.

$44 price target. Growth poised to accelerated with margin expansion, Goldman said.

Deere & Co. was downgraded to sell from neutral by Goldman Sachs, and its price target was cut to $85 from $98 per share in a noted dated May 17.

Goldman Sachs Group Inc. is selling its entire stake in Industrial & Commercial Bank of China Ltd.

The most-indebted U.S. companies are rallying more than any time in almost four years compared with the rest of the stock market amid the broadest rally since at least 1995.

The Japanese yen rose Monday, getting a break from recent declines after a senior Japanese government official said the currency's "correction" had largely run its course.

Goldman Sachs plans to pour about Y300 billion into Japanese renewable energy projects over the next five years, having determined that a long-term scheme here to buy renewables at fixed rates will provide a stable source of income, the Nikkei reported in its Monday morning edition.

The chief executive of Goldman Sachs , Lloyd Blankfein, is confident the euro will survive despite the debt crisis, he said in an interview with newspaper Welt am Sonntag.