U.S. sovereign bond prices rose slightly on Monday as investors paused to consider more economic data.» Read More
Oct 17- Morgan Stanley reported an 87 percent rise in third-quarter earnings as the Wall Street bank's trading and wealth management businesses benefited from increased client activity. Morgan Stanley's shares rose 5.7 percent to $34.40 in premarket trading on Friday. The stable fee income Morgan Stanley receives for advising individuals on their...
LONDON, Oct 17- Brent crude rose more than a dollar to above $87 a barrel on Friday, bouncing from near four-year lows as investors bought back into a market they said was oversold in the short term. "Prices have likely overshot to the downside," said Jeffrey Currie, head of oil analysis at Goldman Sachs. Brent for December was up $1.20 at $87.02 a barrel by 1000 GMT, but was...
*Covering of short sales and Middle East risk lend support. LONDON, Oct 17- Brent crude steadied around $86 a barrel on Friday after bouncing from near four-year lows as investors bought back into a market they saw as oversold in the short term. "Prices have likely overshot to the downside," said Jeffrey Currie, head of oil analysis at Goldman Sachs.
NEW YORK, Oct 17- Top Goldman Sachs Group Inc executives are determined to keep compensation costs under control. Sources familiar with the matter inside Goldman Sachs described the restraint as a sign of the shifting mentality about bonuses at the bank: it wants to tightly control compensation, even if it has good quarters with big revenue gains.
As the stand-off between HK's government and protesters continue, analysts warn the movement could cast a 'long shadow' over the city's future.
Jim Cramer reviews the events in the market on Thursday to determine if it has finally reached a bottom for investing
Bank of America Corp. rose$. 32 or 2.0 percent, to $16.08. Citigroup Inc. rose$. 07 or. 1 percent, to $49.75. Goldman Sachs fell $4.66 or 2.6 percent, to $172.58.
Blankfein explained that he thinks the Fed's cautious strategy has proven to be the right one.
Check out which companies are making headlines after the bell Thursday: Google, SanDisk, Xilinx & more.
Oct 16- Goldman Sachs Group is in discussions to acquire IndexIQ, a Rye Brook, New York- based exchange-traded fund provider, according to three sources familiar with the situation. In September, Goldman sought permission from the U.S. Securities and Exchange Commission to introduce a series of actively managed ETFs 1/ 8 ID: nL2N0RN1N7 3/ 4. However, if Goldman were...
Stocks wavered Thursday, with energy companies pacing gains as oil reversed up.
Bank of America Corp. rose$. 41 or 2.6 percent, to $16.17. Citigroup Inc. rose$. 26 or. 5 percent, to $49.94. Goldman Sachs fell $1.49 or. 8 percent, to $175.75.
Bank of America Corp. rose$. 03 or. 2 percent, to $15.79. Citigroup Inc. fell$. 32 or. 6 percent, to $49.36. Goldman Sachs fell $3.33 or 1.9 percent, to $173.91.
We don't care. Markets shrug at a positive report from Goldman Sachs and good weekly jobless claims.
*Netflix tumbles after quarterly results. *Goldman Sachs falls after earnings. NEW YORK, Oct 16- U.S. stocks tumbled on Thursday, after the S&P 500 closed at its lowest in six months, on continued concerns about weak global demand and its potential impact on the U.S. economy and businesses.
Goldman Sachs's economists downgraded their outlook on the U.S. economy in the second half of 2014 after weak retail sales and business inventory.
Oct 16- Goldman Sachs Group Inc reported a 50 percent jump in quarterly profit as last month's pickup in bond market activity helped to boost trading revenue, showing that banks sticking with the notoriously volatile business can reap big rewards. But that has left Goldman and a few other banks, including JPMorgan Chase& Co, to pick up clients and take advantage of...
*Netflix tumbles in premarket after quarterly results. *Goldman Sachs falls after earnings. The VelocityShares Daily 2 x VIX Short Term exchange-traded note jumped 28.7 percent to $6.28 in premarket.
Oct 16- Goldman Sachs Group Inc reported a 50 percent jump in third-quarter net profit on Thursday as last month's sudden pickup in bond market activity helped to boost trading revenue. Net income attributable to common shareholders rose to $2.14 billion, or $4.57 per share, from $1.43 billion, or $2.88 per share, a year earlier. Revenue from bond-trading, a...
U.S. stock index futures are signalling a lower open following widespread market volatility.