GO
Loading...

Enter multiple symbols separated by commas

Goldman Sachs Group Inc

More

  • LONDON, May 19- European shares gained ground on Tuesday after a leading European Central Bank official said the ECB would front-load an asset purchase scheme, aimed at boosting growth, over the coming two months. Among individual stocks, media group Reed Elsevier rose by 2.2 percent after Goldman Sachs raised its rating on the stock to "buy" from "neutral".

  • *Goldman Sachs says ongoing oversupply to pull down prices. *Asian economies failed to fully benefit from cheap oil- HSBC. Goldman Sachs said Brent crude prices were due for a downward correction after a recent rally that saw prices of the North Sea benchmark jump 50 percent since its mid-January lows.

  • *Goldman Sachs says ongoing oversupply to pull down prices. *Asian economies failed to fully benefit from cheap oil- HSBC. Goldman Sachs said a recent rally that saw Brent prices jump over 40 percent since January was due a downward correction.

  • NEW YORK, May 18- The Warsaw Stock Exchange has been cleared by U.S. regulators to make futures contracts based on an index of Poland's top public companies available to U.S. investors and high-speed trading firms, an exchange executive said on Monday. The move could attract more automated trading firms that use arbitrage strategies to profit from fleeting...

  • *Kuwait acknowledges oversupply, but blames non- OPEC sources. NEW YORK, May 18- Oil slipped on Monday as a rallying dollar and concerns of growing oversupply weighed on the market after Saudi Arabia reported its highest crude exports in nearly a decade. Crude oil futures erased early gains of more than $1 a barrel on worries of turmoil in the Middle East after a...

  • NEW YORK, May 18- Wall Street stocks rose to record highs on views the Federal Reserve will hold off on raising interest rates, although the dollar rebounded from four-month lows on Monday and Greek bond yields jumped on worries the country would not be able to make its debt payments. Oil prices retreated, as supply worries triggered by advances by Islamic State...

  • Oil ends lower on firmer dollar, bearish outlook Monday, 18 May 2015 | 2:30 PM ET
    Oil

    WTI settled down as a rallying dollar weighed on the commodities complex amid a bearish price outlook by Goldman Sachs.

  • Wall Street added slightly to gains, pushing the benchmark S&P 500 to a fresh all-time high. "Greece is running on fumes and the risk of non-payment of some form is riding high... The country made a May 12 payment to the IMF only by emptying an IMF holding account, and a leaked IMF memo acknowledged Greece had little chance of making a scheduled June 5 payment.

  • *Kuwait acknowledges oversupply, but blames non- OPEC sources. NEW YORK, May 18- Oil slipped on Monday as a rallying dollar weighed on the commodities complex amid a bearish price outlook by influential Wall Street firm Goldman Sachs and risks of growing oversupply. Crude oil prices erased early gains of more than $1 a barrel on worries of turmoil in the Middle East...

  • The two stocks that could help the Dow reach 20,000 Monday, 18 May 2015 | 11:19 AM ET
    Traders on the floor of the New York Stock Exchange.

    The Dow hit a fresh all-time high on Monday morning. But the big milestone could come later this year.

  • Offer of $47/ share is a 21.4 pct premium. May 18- Ascena Retail Group Inc, which runs Lane Bryant and Dressbarn women's clothing stores, is to buy Ann Inc for $2.15 billion, mainly for the popular LOFT brand, which offers everyday fashion to a wide age group. Ann's shares were up 19.3 percent at $46.20 in late morning trading on Monday, just below Ascena's offer of $47 per...

  • *Goldman Sachs slashes 2016-2020 price outlook. LONDON, May 18- Brent crude oil prices declined on Monday after Goldman Sachs slashed its forecasts on a persistently high supply outlook, offsetting fears over deepening violence in the Middle East. Analysts nevertheless said oil markets remained oversupplied, and that the glut could worsen if U.S. production...

  • *Altera, Ann rises on possible deals. The market will get another clue on the state of the economy at 10 a.m. ET when the National Association of Homebuilders releases its monthly homebuilder confidence index. If the index does not rise, as expected, stocks could rally, said Adam Sarhan, chief executive of Sarhan Capital in New York.

  • *Offer of $47/ share is a 21.4 pct premium. May 18- Ascena Retail Group Inc, which runs Dressbarn and Lane Bryant women's clothing stores, said it agreed to buy rival Ann Inc, owner of LOFT and Ann Taylor, for $2.15 billion. Reuters reported in August last year the company, which has been under pressure from certain shareholders to sell itself, had tapped JP Morgan to...

  • *Issues sell recommendations on BP and Statoil. May 18- Goldman Sachs has cut its long-term crude oil price forecasts and recommended investors sell shares in two major oil companies, saying that improved U.S. shale efficiency and higher production from OPEC will more than cover future demand. The U.S. investment bank's equities team, in a note published on...

  • *Goldman Sachs slashes 2016-202 price outlook. LONDON, May 18- Oil prices firmed on Monday after a major advance by Islamic State militants in Iraq. Goldman Sachs lowed their Brent crude price assumption from 2016 to 2019 from $70 a barrel to $62- $65 a barrel and for 2020 from $70 a barrel to $55 a barrel.

  • US STOCKS-Futures edge lower ahead of housing data Monday, 18 May 2015 | 7:25 AM ET

    *The National Association of Homebuilders is likely to report that its homebuilders confidence index ticked up to 57 in May from 56 in April. *Endo International's shares rose 3.3 percent to $88.20 in premarket trading after the generic drugmaker said it would buy privately-held Par Pharmaceutical from TPG Capital in a $8.05 billion deal.

  • *Prices up despite Iran saying OPEC output cuts unlikely. SINGAPORE, May 18- Oil prices edged up on Monday following fighting in Iraq and Yemen, but Iranian comments that OPEC was unlikely to cut output as well as signs of strengthening U.S. production capped gains. Prices were supported by concerns that conflict in Iraq and Yemen could disrupt supplies after...

  • *Prices up despite Iran saying OPEC output cuts unlikely. SINGAPORE, May 18- Oil prices rose on Monday on supply concerns in the Middle East following fighting in Iraq and Yemen, but Iranian comments that OPEC was unlikely to cut output as well as signs of strengthening U.S. production capped gains. Prices were supported by concerns that conflict in Iraq and Yemen...

  • Copper has been consolidating since hitting this year's high of $6,481 per tonne in early May, with no big spike in demand from top consumer China despite efforts by the government to shore up economic activity. "Longer term, I don't expect much demand increase from China. Investors will be watching our for this week's HSBC flash manufacturing Purchasing...