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Goldman Sachs Group Inc

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  • Financials Rebound - A 3 Day Roller Coaster Tuesday, 18 Mar 2008 | 11:29 AM ET

    When the news of Bear Stearns increased credit concerns arose on Friday, the Financial stocks took a beating, adding to their woes from the past few months.  Sunday's news of the JP Morgan Chase's $2/share buyout of Bear drove prices down further.  Now with Lehman and Goldman reporting better than expected earnings the financials are up significantly.  See how the past three days have faired on the Financials...

  • Fed Is Expected to Slash Interest Rates Again Tuesday, 18 Mar 2008 | 10:51 AM ET
    Federal Reserve Bank Chairman Ben Bernanke

    Fed policy-makers are expected to make the biggest interest rate cut since 1982, while two major Wall Street firms provided some relief to investors with better-than-expected earnings.

  • Stocks Rise as Investors Expect Big Rate Cut Tuesday, 18 Mar 2008 | 10:41 AM ET

    Stocks opened higher Tuesday as investors are anticipating that the Federal Reserve will deliver an unusually large rate cut.

  • Goldman Profit Halves, but Beats Expectations Tuesday, 18 Mar 2008 | 10:04 AM ET

    Goldman Sachs Group Tuesday said first-quarter earnings fell by half after recording more than $2.5 billion of losses on loans and other assets, yet robust trading helped the bank exceed an anxious market's reduced expectations.

  • Good reports from Lehman and Goldman, and housing starts are above expectations. Core PPI up 0.5 percent is higher than the 0.3 percent expected, but that is being pushed aside in favor of the more bullish housing starts data.

  • Market Insider/Tuesday Look Ahead Monday, 17 Mar 2008 | 9:15 PM ET

    Stocks held their own Monday, even after the shocking demise of Bear Stearns. But the market no doubt benefited from the view of many investors that the Fed will deliver a hefty rate cut when it meets Tuesday.

  • Market Weathers Bear Collapse Monday, 17 Mar 2008 | 6:20 PM ET

    Trading was remarkably calm Monday, as investors digested the news that JPMorgan Chase & Co. is buying investment house Bear Stearns. What's the word on the Street?

  • Goldman: (GS) = Good Stuff? Monday, 17 Mar 2008 | 5:18 PM ET
    Goldman Sachs

    Even a multi-billion writedown may not be enough to shake investor confidence in Goldman Sachs. Read on to see what could spook traders.

  • Dow Closes Higher as Investors Cheer Fed Monday, 17 Mar 2008 | 5:01 PM ET

    Enthusiasm for the Federal Reserve's actions to stem the credit crunch propelled the Dow Jones Industrial Average to a higher close Monday, a day when everyone expected a rout due to weekend fire sale of Bear Stearns.

  • Lehman Earnings: Moment of Truth Monday, 17 Mar 2008 | 4:04 PM ET

    Lehman Brothers appears to be in much better shape than Bear Stearns, but is it good enough to avoid a similar fate? The broker's earnings report on Tuesday should go a long way towards answering that question. What points should you focus on? Read on to find out.

  • JP Morgan's Bargain, Fed Actions Help Stocks Monday, 17 Mar 2008 | 3:35 PM ET

    The Dow Jones Industrial Average pared its losses Monday as the sell-off spurred by the fire sale of Bear Stearns wasn't as bad as expected.

  • Lehman Brothers -- The Next Banking Casualty? Monday, 17 Mar 2008 | 2:50 PM ET

    Lehman shares tumbled more than 20 percent Monday as Wall Street speculated whether or not it's the ailing banking system's next casualty.

  • Bear's 'Fire Sale' Sparks Fear That No Bank Is Safe Monday, 17 Mar 2008 | 11:40 AM ET
    Credit Crunch

    A fire sale of Bear Stearns stunned Wall Street and pummeled global financial stocks on Monday on fears that few banks are safe from deepening market turmoil.

  • Dow Pares Losses; Lehman Plunges Monday, 17 Mar 2008 | 11:40 AM ET

    Stocks plunged at the opening bell Monday as investors were spooked by the cash crisis at Bear Stearns that forced its sale for $2 a share to JP Morgan Chase.

  • To everyone who called me or emailed me over the weekend saying, "How could this happen? How could Bear Stearns go from $57 to $2 in two days?" I would offer the comment of one astute trader, who said, "When you are levered 30 times and have no access to finance it doesn't take a huge move on $400 billion in assets and $260 billion of debt to wipe out the equity."

  • Investment bank Goldman Sachs will announce asset writedowns of $3 billion when it posts earnings on Tuesday, Britain's Sunday Telegraph newspaper reported, without naming sources.

  • Goldman Sachs to Unveil $3 Billion Writedown: Report Sunday, 16 Mar 2008 | 11:45 PM ET

    Investment bank Goldman Sachs will announce asset writedowns of $3 billion when it posts earnings on Tuesday, Britain's Sunday Telegraph newspaper reported, without naming sources.

  • Bear Stearns Weekend Talks Reveal 2 Key Contenders Saturday, 15 Mar 2008 | 8:42 PM ET

    Department heads at Bear Stearns met with officials at J.C. Flowers and JPMorgan Chase Saturday afternoon to give an overview of their business divisions, including headcount and profit and loss positions, CNBC has learned.

  • For the week ending Friday, March 14, 2008 the US Markets ended mixed.  Market moving events include the Fed's $200B expansion of its securities lending program and the Bear Stearns bailout, amongst others leading to extreme market volatility.  The Dow gained 417 points on Tuesday, only to lose the majority of its gains to close up only 0.48% for the week.  The VIX crossed 30 for the first time since January. Next week, the markets will watch for the the FOMC announcement on interest rates Tuesday, the Visa IPO on Wednesday, and a slew of brokerage earnings including Goldman Sachs, Lehman Brothers, Morgan Stanley and possibly Bear Stearns.

  • Show Me State Friday, 14 Mar 2008 | 6:20 PM ET

    Bear Stearns as well as Lehman, Goldman and other banks are opening up the books next week. What’s the trade ahead of broker earnings?

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