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Tag Archives: Goldman Sachs

Overnight Market News – August 25, 2010

25-Aug-10

Goldman Sachs Group, Inc Loses Market Share Underwriting Corporate Bonds as it Seeks to Promote itself as a Company Advisor Rather Than a USD 900B Hedge Fund BHP Billiton Ltd Posts its Best Half-Year Profit in Two Years With First-Half Net Profit Before One-Offs Rising to USD 6.77B From USD 4.59B a Year Earlier, Keeping [...]

Goldman Sachs Statement Pushes US Bank Shares Higher

06-Oct-09

Goldman Sachs Group Inc pushed up shares of U.S. banks yesterday, after saying that the market has not recognized the significant improvement in earnings potential at big banks. Goldman Sachs boosted ratings on Wells Fargo & Co. to “Buy” from “Neutral”, added Capital One Financial Corp. to its “Conviction Buy” list and reaffirmed the “Conviction [...]

Goldman Sachs Group Smashes Forecasts

15-Jul-09

Goldman Sachs Group Inc smashed forecasts, posting a robust second quarter on strong trading gains. Despite a large one-time payment through which Goldman Sachs repaid its TARP loan, it was able to grow earnings 67.8% year-over-year(yoy). Earnings per share (EPS) for the second quarter was US$4.39 vs. US$4.58 yoy. The results wowed analysts who expected [...]

Overnight Market News – June 2, 2009

02-Jun-09

Abu Dhabi Reaps GBP 1.5B Profit After Sale of 11% Stake in Barclays Plc General Motors Corp Will Likely Sell Key Assets by Next Month as it Hopes for Speedy Exit from Bankruptcy Protection Goldman Sachs Group Inc Receives USD 1.91B from Industrial & Commercial Bank of China Ltd Stock Sale, on Track to Repay [...]

Overnight Market News – May 19, 2009

19-May-09

US Banks Including Goldman Sachs Group Inc, Morgan Stanley Apply to Repay TARP Funds American Express Co to Cut 4,000 Jobs or 6% of Workforce As More Customers Default in Slumping Economy World Bank Says Pace of Global Economic Contraction Slowing, Recovery Could Begin at End of 2009 Mobile Phone Company Vodafone to Accelerate GBP [...]