Goldman Sachs Group Inc
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Bloomberg LP on Friday announced the appointment of a privacy advisor after being embroiled in criticism of reporters use of Bloomberg terminals to obtain private information.
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The Federal Reserve has stationed itself inside brokerages including Goldman Sachs and Bear Stearns to monitor their financial state, the Wall Street Journal reported on its Web site on Thursday.
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Cramer makes the call on viewers' favorite stocks.
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Stocks rallied to the finish line Tuesday, led by financials, after Lehman Brothers announced plans to raise more capital and two European banks disclosed write-downs.
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Stocks kicked off the second quarter with a rally Tuesday, led by financials, as news of more write-downs from European banks offered hope that the end is in sight for the global credit crunch.
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News of massive writedowns at two major European banks paradoxically sent shares soaring Tuesday, as many investors took the typically negative announcements as a signal to buy into the battered sector.
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Stocks kicked off the second quarter with a rally Tuesday, led by financials, as news of more write-downs from European banks offered hope that the end is in sight for the global credit crunch.
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Citigroup was dethroned as the world's largest underwriter of stocks and bonds for the first time in more than six years, as the global credit crunch hit Wall Street hard.
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AstraZeneca is stopping a clinical trial of its blockbuster cholesterol fighter Crestor early because of the clear benefits of the medicine compared to placebo, the company said on Monday.
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Global mergers and acquisitions slumped by almost a third in the first quarter, according to preliminary data from Thomson Financial, as banks reined in borrowing and economic uncertainty weighed on CEO confidence.
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The traders completed round 1 of the Fast Money Madness tournament going toe-to-toe over financials and commodities. Who advances?
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Stocks fell to session lows Wednesday amid a resurgence in oil prices and after one analyst said there was no end in sight to the decline in bank profits.
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They're some of the S&P's best performers today and with good reason.
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Stocks fell to session lows Wednesday amid a resurgence in oil prices and after one analyst said there was no end in sight to the decline in bank profits.
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Stocks fell to session lows Wednesday amid a resurgence in oil prices and after one analyst said there was no end in sight to the decline in bank profits.
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Stocks declined Wednesday, but were off earlier lows after a better-than-expected housing report.
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Wall Street's biggest firms, battered by the breakdown in mortgage and other debt markets,say there's money to be made among the wreckage.
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Top central bankers warned on Wednesday there was no end in sight yet to the global credit crunch as German banking giant Deutsche said the crisis threatened its profit target for this year.
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Cramer makes the call on viewers' favorite stocks.
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Such is the level of disaster-mongering surrounding the latest phase of the credit crisis that you could be forgiven for thinking we'll all be hoarding food and reverting to a barter economy.
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JPMorgan Chase's sweetened offer for Bear Stearns carries high risk for JPMorgan, Punk Ziegel analyst Richard Bove said, adding that according to his calculations JPMorgan was paying about $65 per share for Bear excluding the planned issue of new Bear shares.