Goldman Sachs News

J.C. Penney continues to bleed cash like there is no tomorrow. The company's latest quarter didn't paint a pretty picture either.

Source: au.ibtimes.com --- Friday, May 17, 2013Shares of Tableau Software Inc rose as much as 58 percent in their trading debut as investors expect the rising interest in big data to power the data analysis software maker's growth.

A year ago, the Federal Reserve Board issued a policy statement on rental of REO owned by the banks they supervise and allowed the banks to rent REO properties without requiring them to demonstrate continuous efforts to market the properties.

Renting an apartment in New York often resembles an obstacle course. A new company is aiming to simplify the search by putting the process online.

$15 price target. Stock has moved ahead of the fundamentals, DA Davidson said. Aruba Networks was downgraded at Morgan Stanley to equal-weight. Company is facing increased competition from Cisco, Morgan Stanley said.

A number of Wall Street firms are hoping to cut back on at least some of the popular features offered by Bloomberg LP - moves that could crimp the data distributor's bottom line.

Yahoo is reported to be in talks with Tumblr as it is looking to acquire the blogging service for around $1 billion .

The announcement comes shortly after a scandal at the financial data services company in which reporters were given access to terminal customers' data.

UK Uncut, the anti-tax avoidance campaign group, has lost its high court challenge to a so-called "sweetheart deal" worth 10m between HMRC and investment banking giant Lawyers working for UK Uncut took HMRC to court over its decision to let Goldman Sachs off millions in interest on tax it owed after a court ruled an offshore avoidance scheme used ... (more)

Shares of Aruba Networks tumbled in early action Friday, while retailers Nordstrom and J.C. Penney also lost ground.

Shares of Advanced Micro Devices were off more than 12 percent Thursday on a downgrade from Goldman Sachs.

Advanced Micro Devices was downgraded by Goldman Sachs from neutral to sell, sending the stock down 14.8% Thursday morning.

The legacy of J.C. Penney's former CEO continues to cast a dark cloud over the department-store chain.

SolarCity has announced a lease financing agreement with Goldman Sachs to fund more than $500 million in solar power projects; an estimated 110 megawatts in generation capacity for homeowners and businesses.

These days it seems New Jersey Governor Chris Christie is everywhere, from TV talk shows and radio appearances to accompanying Prince Harry on a well-publicized tour of the devastated Jersey Shore.

Sallie Krawcheck, the former senior executive at Bank of America Corp. and Citigroup Inc., agreed to buy 85 Broads, the global network with 30,000 members that promotes women as business leaders.

With a new financing move, QTS has a substantial amount of money in its coffers to propel the company's growth going forward.

Lawyers for JPMorgan Chase & Co. are asking financial news and data company Bloomberg LP to turn over any records it has of reporters looking up the log-in and usage data of JPMorgan employees.

On May 7, New York's First Department appellate court reinstated CIFG Assurance North America, Inc.'s fraud claim against Goldman Sachs & Co.

Global investment banks suffered another bruising decline in commodity trading in the first three months of this year, new reports showed on Wednesday, with Morgan Stanley's revenues collapsing to a quarter of what they were a year ago.