GO
Loading...

Goldman Sachs Group Inc

More

  • NEW YORK, Nov 28- U.S. crude tumbled 10 percent in its biggest one-day drop in more than five years on Friday, and benchmark Brent broke below $70 a barrel, as OPEC's decision not to cut output sent oil traders and analysts scurrying to find a new trading floor. I think people are either going to drive it down further or just let the market collapse, "said Tariq Zahir,...

  • Midday Glance: Banks companies Friday, 28 Nov 2014 | 2:11 PM ET

    Bank of America Corp. fell$. 07 or. 4 percent, to $17.04. Citigroup Inc. fell$. 15 or. 3 percent, to $53.98. Goldman Sachs rose$. 52 or. 3 percent, to $188.44.

  • *Asset sales have yielded $150 billion over four years. LONDON, Nov 28- With oil company revenues set to drop on the back of a rout in prices, boards will have to cut investments and increase borrowing to maintain their cherished dividend payouts. The world's top oil companies including BP, Royal Dutch Shell, Total, ExxonMobil and Chevron are already in the midst of a...

  • Early Glance: Banks companies Friday, 28 Nov 2014 | 10:27 AM ET

    Bank of America Corp. rose$. 01 or. 1 percent, to $17.12. Citigroup Inc. fell$. 14 or. 3 percent, to $53.99. Goldman Sachs rose $1.42 or. 8 percent, to $189.34.

  • *Asset sales have yielded $150 billion over four years. LONDON, Nov 28- With oil company revenues set to drop on the back of a rout in prices, boards will have to cut investments and increase borrowing to maintain their cherished dividend payouts. The world's top oil companies, or majors, including BP, Royal Dutch Shell, Total, ExxonMobil and Chevron are already in the...

  • COLUMN-How JPMorgan struck gold with copper: Andy Home Thursday, 27 Nov 2014 | 8:59 AM ET

    JPMorgan was "outed" in the media as the controlling hand, which only fuelled further the whirl of speculation, given the same bank was proposing to launch an exchange-traded fund backed by physical copper. As is always the way with such things, JPMorgan declined to confirm or deny its involvement. Now, thanks to documents submitted to the U.S. Senate subcommittee...

  • Oil price fall starts to weigh on banks Thursday, 27 Nov 2014 | 1:36 AM ET
    Oil drills are pictured in the Kern River oil field in Bakersfield, California

    Banks including Barclays and Wells Fargo are facing potentially heavy losses on an $850m loan made to two oil and gas companies, the FT reports.

  • Final Glance: Banks companies Wednesday, 26 Nov 2014 | 6:02 PM ET

    Bank of America Corp. rose$. 01 or. 1 percent, to $17.11. Citigroup Inc. fell$. 20 or. 4 percent, to $54.13. Goldman Sachs fell$. 34 or. 2 percent, to $188.52.

  • Midday Glance: Banks companies Wednesday, 26 Nov 2014 | 2:02 PM ET

    Bank of America Corp. fell$. 05 or. 3 percent, to $17.06. Citigroup Inc. fell$. 20 or. 4 percent, to $54.13. Morgan Stanley fell$. 20 or. 6 percent, to $35.10.

  • PARIS, Nov 26- Some equity traders have been buying up' call' options on shares of oil majors ahead of Thursday's OPEC meeting, betting the cartel will spring a surprise cut in output to revive crude prices. The trade idea- which has very limited risk since it uses derivatives instead of buying shares- is a bet that sentiment towards the sector has become excessively...

  • Early Glance: Banks companies Wednesday, 26 Nov 2014 | 10:24 AM ET

    Bank of America Corp. fell$. 01 or. 1 percent, to $17.09. Citigroup Inc. rose$. 08 or. 1 percent, to $54.41. Goldman Sachs fell$. 46 or. 2 percent, to $188.40.

  • *Markets will be closed Thursday for Thanksgiving holiday. NEW YORK, Nov 26- U.S. stock index futures were very slightly higher on Wednesday as investors looked ahead to a flurry of economic data that will be released throughout the morning, which could indicate whether the market's record levels are justified. *While tech shares could see some pressure...

  • *Platinum, palladium traders sued by jewelry maker. NEW YORK, Nov 25- Goldman Sachs Group Inc, Germany's BASF SE and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff's law firm called the first nationwide class action over alleged price-fixing of the metals. In a complaint filed on Tuesday in the U.S. District...

  • SINGAPORE, Nov 26- Gold dipped from $1,200 an ounce on Wednesday as equities rose on optimism over the U.S. economy, while traders nervously awaited cues from the dollar and a Swiss referendum on central bank gold reserves. *Spot gold had eased 0.1 percent to $1,199.15 an ounce by 0045 GMT, after gaining 0.3 percent in the previous session. *The vote is aimed at...

  • Final Glance: Banks companies Tuesday, 25 Nov 2014 | 6:57 PM ET

    Bank of America Corp. fell$. 08 or. 5 percent, to $17.10. Citigroup Inc. fell$. 07 or. 1 percent, to $54.33. Goldman Sachs fell $1.21 or. 6 percent, to $188.86.

  • A reduction in the quota, likely to 29.5 million barrels per day, dismissing some price war fears and sparking a rally. We therefore do not expect the cartel to be able to prevent the price of a barrel of Brent from falling to $70 by the end of 2016, even if this is below OPEC's current comfort zone. " "With the decline in prices, the likelihood of OPEC announcing a...

  • Midday Glance: Banks companies Tuesday, 25 Nov 2014 | 1:17 PM ET

    Bank of America Corp. fell$. 06 or. 3 percent, to $17.12. Citigroup Inc. rose$. 10 or. 2 percent, to $54.50. Goldman Sachs fell$. 67 or. 4 percent, to $189.40.

  • That was the day 100,000 tonnes of metal being stored in LME-registered sheds in Detroit were canceled prior to physical load-out. The cancellations created an instantaneous bottleneck at Metro International, the dominant LME warehouse operator in Detroit. A relatively benign load-out queue of just over 20 days at Detroit mushroomed to a monster queue of...

  • Early Glance: Banks companies Tuesday, 25 Nov 2014 | 10:22 AM ET

    Bank of America Corp. fell$. 01 or. 1 percent, to $17.17. Citigroup Inc. fell$. 10 or. 2 percent, to $54.30. Goldman Sachs fell $1.11 or. 6 percent, to $188.96.

  • Final Glance: Banks companies Monday, 24 Nov 2014 | 6:08 PM ET

    Bank of America Corp. rose$. 06 or. 4 percent, to $17.18. Citigroup Inc. rose$. 74 or 1.4 percent, to $54.40. Goldman Sachs rose$. 48 or. 3 percent, to $190.07.