Goldman Sachs executives sold shares in the bank after the collapse of Lehman Brothers last fall, the Financial Times wrote, citing filings with the Securities and Exchange Commission.
There's a lot riding on Goldman Sachs' earnings report Tuesday. Already high expectations for a block buster quarter moved up a notch Monday when usually bearish banking analyst Meredith Whitney put a buy on the stock and said the firm's earnings will show a huge upside surprise.
Yes, but not for the reasons you’d think. Let Cramer explain.
They say you can be small but mighty. Well, that’s exactly what the new ELX Futures exchange is hoping Wall Street is saying as they take on CME Group.
Investors are eager to hear from Goldman Sachs Tuesday after the bell. With shares up more than 70% ytd, how should you game it?
Stocks rallied sharply higher on Monday after bullish comments on the financials lifted hopes that banks' quarterly results may be stronger than expected.
Up and down Wall Street, analysts and traders are buzzing that Goldman, which only recently paid back its government bailout money, will report blowout profits from trading, the New York Times reports.
Plus, a spate of upgrades seem to contradict Wall Street's largely negative attitude over the past few weeks.
Earnings season is in full swing, and Steve Auth, CIO of Global Equities at Federated Investors and Art Hogan, managing director of Jefferies, told CNBC which companies should be on investors' radars.
Beware the hidden dangers of a cap-and-trade system.
Goldman Sachs drove the financials, if not the entire stock market, higher on Monday but will strength in banks flow to the rest of the economy?
Contrary indicators: Analysts including Meredith Whitney expect a short-term jump for financials inc. Goldman Sachs — but Whitney also predicted 13 percent unemployment. Art Cashin, director of floor operations at UBS, offered CNBC his stock-market outlook.
Barron's is taking a strong bullish stand on shares of Warren Buffett's Berkshire Hathaway, calling them a "bargain" in the mid-$80Ks. A price target of $110,000 in the next year "doesn't seem outlandish" given its current price to book ratio.
Unemployment is likely to rise to 13 percent or higher and will weigh on the economy for several years, countering efforts to stabilize the banking industry, analyst Meredith Whitney told CNBC.
Futures were at the highs of the morning as traders await the heavy number of earnings reports and economic data beginning tomorrow and lasting through the end of the week.
Earnings season should provide a fresh view of the U.S. economy and may shake the stock market out of its summer doldrums.
The Treasury Department is selling its financial stakes in bailed-out banks for one-third less than they're worth, potentially shorting taxpayers up to $2.7 billion, a bipartisan congressional watchdog said Friday.
Investors are nervously anticipating all the bank earnings about to flood the Street. How should you be positioned?
Jittery investors sent stocks on their longest losing streak since the market's spring rally began in early March. What's the word on the Street?
Getting better than expected numbers next week would be a catalyst for the markets, giving buyers a reason to move away from the sidelines and begin investing more money in stocks once again. On the flip side, however, disappointing data or corporate earnings would likely extend the current downturn further, dampening any hopes of a near-term rebound.