GO
Loading...

Goldman Sachs Group Inc

More

  • Financials Put The Pressure On Futures Tuesday, 4 Dec 2007 | 9:09 AM ET

    Futures lower this morning on pressure from the financials. The UBS headline for the bank analyst report this morning tells the story: lower earnings ahead. They are adjusting their 2008 earnings expectations for many banks and brokers.

  • A TXU sign is shown in downtown Dallas, Monday Feb. 26, 2007.  TXU Corp., Texas' largest electricity producer, said it has agreed to be sold to a group of private-equity firms for about $32 billion in what would be the largest private buyout in U.S. corporate history if shareholders and regulators go along. (AP Photo/LM Otero)

    CNBC Squawk-Box co-anchor Becky Quick scored a scoop early this morning with her 'First on CNBC' report that Warren Buffett's Berkshire Hathaway is paying $2.1 billion dollars to Goldman Sachs for some high-yielding TXU bonds.  But don't think the purchase means Buffett likes junk bonds in general.

  • Game Plan: Let the Financials Ride Monday, 3 Dec 2007 | 11:11 AM ET

    The bank stocks should build on their momentum, Cramer says. Don't take profits yet.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.

  • Markets Still "Thinking" About A Recession Monday, 3 Dec 2007 | 9:24 AM ET

    Despite last week's relief rally and a widespread belief that the Fed and the executive and legislative branches of government are working on solutions to the subprime mess, there are still Street analysts cranking out reports on the probability of a recession.

  • Sell Block: Cash Is No Longer King Friday, 30 Nov 2007 | 11:48 AM ET

    As the Fed cuts rates, there's less need to play defense. Still looking for steady income, though? Cramer has some advice.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.

  • Have We Hit a Bottom? Wednesday, 28 Nov 2007 | 7:28 PM ET

    If the way events played out in 1990 is any indication, Cramer says yes.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.

  • Goldman’s Unprecedented Defense Move Wednesday, 28 Nov 2007 | 12:32 PM ET

    Goldman Sachs (GS) is making a major shift in its analyst coverage, upgrading or downgrading 17 sectors on the fear of a softening economy. Could Goldman’s move be a bellwether of things to come? Or is it already late to the party?

  • Eyes on Freddie's $6 Billion Stock Sale Wednesday, 28 Nov 2007 | 8:22 AM ET

    Freddie Mac's planned sale of $6 billion in special stock to help shore up its battered finances will be closely watched by investors gauging the damage inflicted by the turmoil this year in the credit and housing markets.

  • Apple's Jobs is Most Powerful Businessman: Fortune Wednesday, 28 Nov 2007 | 3:28 AM ET
    Apple CEO Steve Jobs.

    Apple CEO Steve Jobs, the man behind the popular iPod, is the world's most powerful businessman, according to Fortune Magazine's list of the 25 most influential executives.

  • Goldman Sachs' Forecast: Recession Odds Increase Tuesday, 27 Nov 2007 | 1:06 PM ET

    Some interesting comments came out from Goldman Sachs today. Goldman economists raised the odds of recession in their latest forecast but they also said they believe the Fed will act even more aggressively to prevent it.

  • JPMorgan to Cut About 100 Subprime Jobs Monday, 26 Nov 2007 | 11:46 AM ET
    JP Morgan Chase

    JPMorgan Chase plans to cut about 100 subprime mortgage jobs in California, according to a filing with a California labor agency.

  • Asian Stocks Close Lower on US Concerns Thursday, 22 Nov 2007 | 5:13 AM ET

    After a volatile trading session, Asian markets ended mostly lower as caution prevailed amid worries about the health of the U.S. economy -- the region's top export destination.

  • Chrysler $4 Billion Loan Sale Postponed: WSJ Tuesday, 20 Nov 2007 | 2:00 PM ET
    2007 Chrysler 300

    A $4 billion sale of loans being raised by automaker Chrysler following its takeover by buyout firm Cerberus has been indefinitely postponed, the Wall Street Journal reported.

  • Citigroup Gets 'Sell' Rating, May Face $15 Billion Hit Monday, 19 Nov 2007 | 12:05 PM ET
    The Citibank logo is shown on a branch office Wednesday, April 11, 2007 in New York. Citigroup Inc., which includes Citibank, announced Wednesday that it will eliminate about 17,000 jobs as part of a companywide restructuring to reduce costs and improve profits. (AP Photo/Mark Lennihan)

    Goldman Sachs downgraded Citigroup to "sell" from "neutral," and said the largest U.S. bank may have to write off $15 billion over the next two quarters as mortgage losses reduce earnings.

  • Mortgage Crisis May Slash Lending Up to $2 Trillion Friday, 16 Nov 2007 | 10:48 AM ET

    The mortgage crisis could have a "dramatic" impact on the  economy by forcing banks and other financial firms to cut lending up  to $2 trillion, a Goldman economist said.

  • A-Rod/Yankee Talks: What Part Did Goldman Sachs Play? Thursday, 15 Nov 2007 | 4:55 PM ET

    It has pretty much been an all-Boras day here for me at CNBC. The latest issue I'm trying to get into is the Goldman Sachs part of this all. I've received a bunch of e-mails from readers asking me about this, so I'm going to try to tackle it. For those of you who didn't know, A-Rod's personal meeting with the Yankees was reportedly arranged with the help of two higher ups at Goldman Sachs.

  • US Stocks Fall On Credit Worries Thursday, 15 Nov 2007 | 11:16 AM ET

    US stocks closed an uneasy session lower as investors, uncertain if the worst of the credit crisis is over, refrained from extending Tuesday's huge advance.

  • Merrill's New CEO Hoping To 'Make Things Better' Thursday, 15 Nov 2007 | 10:52 AM ET
    John Thain

    John Thain told CNBC that he sees his new job as CEO of Merrill Lynch as "an opportunity to make things better" after the financial giant suffered huge subprime-related losses.

  • CPI, Subprime Helping Markets, JC Penny Disappoints Thursday, 15 Nov 2007 | 9:22 AM ET

    Good and bad news this morning. Good news: CPI in line with expectations. --More relief on the subprime front. UBS said they do not expect a major write-down of subprime-related exposures.

  • Market Insider/Thursday Look Ahead Thursday, 15 Nov 2007 | 12:32 AM ET

    Stocks will be challenged Thursday to shake off the crankiness that gripped the market late in Wednesday's session. Inflation data, a light flow of earnings and some regional economic surveys are on the calendar.