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Goldman Sachs News

News on Goldman Sachs (Ticker: GS) continually updated from thousands of sources around the net.

2 hrs ago | Business News

People News: Goldman, Morgan Stanley, RBS.

Barrick Gold has appointed former Goldman Sachs Vice Chairman J. Michael Evans as a director, joining his former colleague John Thornton on the board of the world's largest miner of the precious metal.


Related Topix: Stanley, Financial Services, Investment Services

4 hrs ago |

Argentina defaults on debt after talks fail

A banner reading 'No to the vultures' is seen at Plaza de Mayo square in Buenos Aires during a demonstration yesterday Argentina has defaulted on its debt for the second time in 12 years after hopes for a midnight deal with holdout creditors were dashed.


Related Topix: Financial Markets, Reuters, Financial Services, Investment Services, Economics News, Bankruptcy

Wed Jul 30, 2014


Goldman Sees Yuan Trading in Korea Weakening Won Against Dollar

A plan to start direct trading between the won and China's yuan will hurt the South Korean currency by slowing the inflow of dollars, Goldman Sachs Group Inc. said in a report.


Related Topix: Financial Services, Investment Services, South Korea, World News, Asia, Financial Markets,

Insider Selling: Goldman Sachs Chairman Sells 18,315 Shares of Stock

Goldman Sachs Chairman Michael S. Sherwood sold 18,315 shares of the company's stock on the open market in a transaction dated Monday, July 28th.


Related Topix: Financial Services, Investment Services, Stanley

Globe and Mail

Barrick chairman brings his Goldman Sachs partner to miner's board

Barrick Gold Corp. took a $500-million charge on its Saudi Arabian copper project and appointed two more independent directors, including a former Goldman Sachs banker who used to work closely with the company's new chairman John Thornton.


Related Topix: Barrick Gold, Mining, Financial Services, Investment Services

New York Daily News

Goldman Sachs grants teen's wish to be investment banker

Seventeen-year-old Terry 'Tre' Grinner, who was diagnosed with Hodgkin's Lymphoma, is living out his dream of being an investment banker with a weeklong internship at Goldman Sachs.


Related Topix: Investment Services, Financial Services, Health, Hodgkin's Disease, Lymphoma, Alamo, CA

Seeking Alpha

Goldman, Merrill, Et Al, Upgrade Twitter To 27x Revenue After Earnings Crush

On D-Day For Twitter , I braced readers for a sanguine Q2 earnings report by Twitter, Inc , expecting flat to lower revenue growth sequentially, and a continued deterioration of its operating metrics.


Related Topix: Twitter, Financial Services, Investment Services

The Hartford Courant

Reuters: Historic Hartford Insurer, The Phoenix Cos., Is For Sale

Troubled life insurer and annuity provider The Phoenix Companies Inc has hired investment banks Goldman Sachs Group Inc and Sandler O'Neill and Partners to explore a sale, according to people familiar with the matter.


Related Topix: Insurance, Financial Services, Phoenix Companies, Investment Services


Wall Street Analysts Predict The Slow Demise Of Walmart And Target

That's the message of a research note published by Goldman Sachs analysts on Tuesday cutting their investment rating on shares of Walmart.


Related Topix: Financial Services, Investment Services

Bendigo Advertiser

Cast set for premiere

The production opens on Thursday at the Well Being Centre at the college's Blakeley Road Campus and also runs this Friday and Saturday nights.


Related Topix: Financial Services, Investment Services

The Washington Post

Goldman Trims Yield Forecast as Surge Hedging Ebbs: Japan Credit

Goldman Sachs Group Inc. retreated from its forecast for a surge in Japanese government bond yields as options are signaling fading concern for a sudden increase in borrowing costs.


Related Topix: Financial Services, Investment Services, Cohen Group, Consulting, Business News

Tue Jul 29, 2014

USA Today

Kodak suit alleges aluminum pricing conspiracy

Kodak suit alleges aluminum pricing conspiracy Kodak is a big user of aluminum for its lithographic printing plates.


Related Topix: Rochester, NY, Manufacturing, Eastman Kodak, Photography, Financial Services, Investment Services, Banking, JP Morgan Chase

Resource Investing News

Goldman Sachs Has High Hopes for Nickel, Palladium

Bloomberg reported that Goldman Sachs Group Inc. sees nickel and palladium performing better than iron ore and soybeans.


Related Topix: Financial Services, Investment Services, Consulting, Cohen Group

Goldman Adds Costco, Tosses Wal-Mart From Its Shopping Cart

Goldman Sachs revisited its ratings on big-box discount stores, downgrading Wal-Mart to neutral, from buy, while upgrading Costco to buy and raising its target price to $136 from $127.


Related Topix: Retail, Costco Wholesale, Financial Services, Investment Services, Internet, Science / Technology, San Francisco County, CA, San Francisco, CA

Lowell Sun

Michael Goldman: Perhaps Rodney King said it best: 'Can't we all just get along?'

What would you expect the governments of either the United States, Russia, India or China to do if they found out a neighboring military force, whose members refused to accept the right of any of those sovereign nations to exist, had built dozens of secret tunnels designed to funnel bands of marauding killers into those countries in order to kill ... (more)


Related Topix: Financial Services, Investment Services, Iraq, World News, Middle East, Dick Cheney, Opinion

Insurance Journal West

El Nino Odds Reduced by Australia as Tropical Pacific Cools

Australia cut the odds of El Nino, which brings drought to Asia and heavy rain to South America, after parts of the tropical Pacific Ocean cooled.


Related Topix: Weather, Natural Disasters, Drought, Meteorology, Science, Financial Services, Investment Services

Mon Jul 28, 2014

MSN Money

Exclusive: Goldman unit eyes foray into China amid metals financing scandal

Goldman Sachs Group Inc's metals warehousing unit is exploring its first foray into China, and privately held C Steinweg has expanded capacity there, sources said, as a financing scandal in a major Chinese port fuels a scramble for market share.

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Related Topix: Financial Services, Investment Services, World News, China,

The Washington Post

Sony Seen Reject From Japan Shame Index in Losing Stock Cull

The JPX-Nikkei Index 400 picks companies with the best operating income, return on equity and market value to shame executives of those it excludes into boosting profit and shareholder returns.


Related Topix: Financial Services, Investment Services, Business News


Exclusive: Goldman moves executive to new role building ETFs

Michael Crinieri, who previously headed Goldman's global ETF business in equities trading, is now global head of ETF strategy in Goldman Sachs Asset Management's third-party distribution business, according to the memo, whose contents were confirmed by a spokeswoman.


Related Topix: Financial Services, Investment Services

The Washington Post

Goldman Sachs Denies - Boys' Club' Sex-Discrimination Claims

Goldman Sachs Group Inc. denied allegations that it discriminated against women on pay and tolerated a "boys' club" atmosphere featuring excessive drinking and trips to strip clubs with clients.


Related Topix: Financial Services, Investment Services, Consulting, Cohen Group, Business News


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