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Goldman Sachs Group Inc

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  • Energy Gains Give S&P Needed Boost Friday, 21 Sep 2007 | 9:02 AM ET

    No economic data today but it is quadruple witching expiration, the quarterly S&P rebalancing, and we are approaching the end of the quarter. The good news: for all the worries, the S&P 500 is up 1.02% for the quarter (as of yesterday). The bad news: without the big gains in energy, the index would be down 0.05%. Energy is the biggest sector gainer, up 9.8%.

  • Goldman Goes to $300 Thursday, 20 Sep 2007 | 9:20 PM ET

    This week the investment bank blew away its quarterly numbers and got back on track toward Cramer's price target. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Stocks closed lower as a better-than-expected earnings report from financial bellwether Goldman Sachs was offset by record-high crude prices and a plunging greenback. "When Bernanke cut rates people thought the glass was half-full now today it looks like it is half-empty," said Phil Roth, chief technical analyst with Miller Tabak.

  • Mixed Market Messages Thursday, 20 Sep 2007 | 4:02 PM ET
  • Goldman Tops Forecasts, While Bear Falls Short Thursday, 20 Sep 2007 | 1:02 PM ET

    Two Wall Street investment banks had markedly different success weathering summer market turbulence as results at Goldman Sachs easily exceeded expectations while those at Bear Stearns fell far short.

  • Goldman Sachs Profit Jumps, Beating Estimates Thursday, 20 Sep 2007 | 11:47 AM ET
    Goldman Sachs

    Goldman Sachs Group said Thursday that quarterly profit surged 79 percent, blowing away expectations of weak results, as the investment bank generated its second-highest revenue ever despite turbulent summer markets.

  • Your First Move For Thursday Sept. 20th Thursday, 20 Sep 2007 | 11:17 AM ET

    Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!

  • Bernanke in the Spotlight Thursday, 20 Sep 2007 | 11:06 AM ET

    Federal Reserve Chairman Ben Bernanke is back on the hot seat today and Wall Street, meanwhile is sifting through some big earnings reports. What look to be strong earnings from Goldman Sachs improved early sentiment. Goldman Sachs, as expected, handily beat earnings estimates with profits of $2.85 billion, or $6.13 per share, compared to an estimated $4.37 per share. The numbers included $1.71 billion in losses related to leverage loans, which in part was offset by a gain from the sale of wind power company Horizon Energy.

  • Mad Mail: Did Brother Bernanke Save the Frat Party? Thursday, 20 Sep 2007 | 11:03 AM ET

    Also, an adoring fan's generous offer; Cisco's new wireless acquisition and more.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • FedEx Delivers -- With Caveat Thursday, 20 Sep 2007 | 10:52 AM ET

    As suspected FedEx beat estimates for their first quarter but lowered full year guidance. Recall that they introduced fiscal 2008 guidance last quarter of $7.00-$7.40, but today lowered it to $6.70-$7.10. CEO Frederick Smith said that the global economy was solid "outside the U.S." but that "financial market volatility and high energy costs" increased uncertainty around the economic outlook.

  • Bernanke Back in the Hot Seat Wednesday, 19 Sep 2007 | 10:12 PM ET

    Two days after Federal Reserve Chairman Ben Bernanke got a vote of confidence from the markets for the Fed's half point rate cut, he and Treasury Secretary Henry Paulson head to Capital Hill for a hearing on the mortgage mess. They appear before the House Financial Services Committee starting at 10 a.m. Thursday.

  • Dare Bet Against Goldman? Wednesday, 19 Sep 2007 | 9:18 PM ET

    Finding a Wall Street analyst who recommends selling Goldman Sachs (GS) is about as hard to find as Big Foot. In fact, only one made that call and we tracked him down!

  • Golden Goldman and Greenspan "Unplugged" Wednesday, 19 Sep 2007 | 7:26 PM ET

    Chatter on the street is that Goldman Sachs can't help but beat Wall Street's estimates when it reports earnings tomorrow. For that reason, it's one of the few in the brokerage group still holding onto gains at the close. Goldman stock closed up 2.5%. Bear Stearns, also reporting tomorrow, fell 3%. Morgan Stanley was down 2% after a disappointing report this morning, and Lehman was down a half a percent. Merrill Lynch though was 1% higher.

  • Momentum Continues -- But for How Long? Wednesday, 19 Sep 2007 | 5:42 PM ET

    The positive momentum continues, with 2-1 advancing to declining stocks. Charles Biderman at Trimtabs.com called to say that mutual funds had $10.4 billion in inflows yesterday, the biggest since Jan 4, 2001. That money was put to work today, for the most part.

  • Clear Skies Ahead on Wall Street? Wednesday, 19 Sep 2007 | 10:19 AM ET

    Did the Fed, in one fell swoop, cure Wall Street of all its credit crunch ills? CNBC's Charlie Gasparino joins the panel to discuss whether it’s safe to buy the brokers.

  • Stocks Get Support Ahead of Fed Decision Tuesday, 18 Sep 2007 | 9:24 AM ET

    A relatively tame inflation number and no mean surprises in Lehman Brothers earnings this morning is giving support to stocks ahead of the Fed's momentous decision today. Traders are also watching oil prices crack yet another record level.

  • Goldman May Part Ways with Partner in China: WSJ Monday, 17 Sep 2007 | 7:49 PM ET

    Goldman Sachs and its investment banking partner in China may part ways, potentially raising questions about future control of the Wall Street firm's business there, the Wall Street Journal reported on Monday.

  • Market Insider: Tuesday's Make-Or-Break Day Monday, 17 Sep 2007 | 6:14 PM ET

    Trading should stay tentative ahead of the Fed's Tuesday afternoon announcement. But before that news, Wall Street will have to navigate the first big earnings from the brokerage industry and some important economic data, including inflation measure, producer prices.

  • Goldman Sachs Forecasts Crude to Hit $85 By Year-End Monday, 17 Sep 2007 | 4:08 PM ET
    Oil Pipeline

    Goldman Sachs on Monday forecast U.S. oil prices will surge to $85 by the end of the year, and said crude could climb as high as $90 due to tight supplies.

  • Off to the Races Monday, 17 Sep 2007 | 10:20 AM ET

    A slew of big brokerage houses report earnings next week with Lehman Brothers leading the pack Tuesday morning. One research firm has put out an interesting method of trading the financials – one with high risk, but high potential returns.