CNBC's Michelle Caruso-Cabrera reports on what Henry Paulson plans to address with China President Xi Jinping, and his reaction to Lloyd Blankfein's cancer diagnosis.» Read More
*Copper prices hit 3- week low, oil down about 2 pct. Shares of Volkswagen suppliers BorgWarner, Honeywell and Delphi Automotive fell after the German carmaker admitted to cheating on vehicle emission tests. BorgWarner shares were down 7.6 percent at $39.37, while Honeywell fell 1.7 percent to $96.04 and Delphi lost 3.6 percent to $74.44.
NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. Goldman Sachs Group Inc., down $3.63 to $179.72. ConAgra Foods Inc., down $3 to $39.40.
*Copper prices hit 3- week low, oil down about 2 pct. Sept 22- U.S. stocks dropped late Tuesday afternoon, dragged down by investor uncertainty over when the Federal Reserve will raise interest rates and as a selloff in commodities pushed materials shares lower. Copper prices hit a three-week low.
*Copper prices hit 3- week low, oil down about 2 pct. Copper prices hit a three-week low, while oil was down about 2 percent on persistent worries about demand, especially in China. The Fed last week kept rates at near-zero levels, citing the turbulence in a tightly linked global economy, including slowing growth in China.
Sept 22- Lloyd Blankfein, the chairman and chief executive officer of Goldman Sachs Group Inc, said on Tuesday he had a "highly curable" form of cancer and would be able to work "substantially" as normal during treatment. The veteran Wall Street boss, who navigated the U.S. investment bank through the financial crisis, told employees and shareholders he would undergo...
*Copper prices hit 3- week low, oil down over 2 pct. Copper prices hit a three-week low, while oil was down more than 2 percent on persistent worries about demand, especially in China. The Fed last week kept rates at near-zero levels, citing the turbulence in a tightly linked global economy, including slowing growth in China.
*Copper prices hit two-week low, oil down about 2 pct. Sept 22- Wall Street fell more than 1 percent in early trading on Tuesday due to a fall in oil and copper prices on concerns about the outlook for the Chinese economy. Copper prices hit two-week lows, while oil was down about 2 percent.
*Copper prices hit two-week low, oil down about 2 pct. Sept 22- Wall Street was set to open sharply lower on Tuesday due to a fall in oil and copper prices on concerns about the outlook for the Chinese economy. Copper prices hit two-week lows, while oil was down about 2 percent.
Sept 22- Goldman Sachs Group Inc Chief Executive Lloyd Blankfein said he had a "highly curable" form of lymphoma, but would be able to work substantially as normal during treatment. Treatment will include chemotherapy over the next several months in New York, Blankfein said in a statement on the bank's website on Tuesday. Blankfein's disclosure comes a little...
NEW YORK— Goldman Sachs CEO and Chairman Lloyd Blankfein has a form of lymphoma, but says that it is "highly curable." Last year JPMorgan Chase& Co. CEO Jamie Dimon disclosed he had throat cancer, for which he was successfully treated. While Goldman Sachs was forced to take billions in bailout money in a program set up by Paulson, it was largely considered one of the...
Sept 22- Goldman Sachs Group Inc Chief Executive Lloyd Blankfein said he had a "highly curable" form of lymphoma, but would be able to work substantially as normal during treatment.
Dick Bove, Rafferty Capital shares his thoughts on word of Lloyd Blankfein's cancer diagnosis and possible Goldman successors.
Goldman Sachs Chairman and CEO Lloyd Blankfein said Tuesday he has been diagnosed lymphoma.
Lloyd Blankfein says Trump's rise could mean a shift in voter sentiment, according to Dow Jones.
*Sat on Alibaba's board since its 2014 IPO. HONG KONG, Aug 5- Alibaba Group Holding Ltd is hoping a Canadian Olympic gold medallist once tipped to be the next chief executive of Goldman Sachs Group Inc will help them make it big in the United States. Michael Evans, who turns 58 this month, retired from the U.S. investment bank in 2013, having forged a reputation as one of...
The bank said it set aside $1.45 billion for mortgage-related legal costs and regulatory matters, up from $284 million a year earlier, reducing earnings by $2.77 per share. As with its competitors, Goldman's trading business- long a strength for the Wall Street bank- also came under pressure in the quarter amid worries about Greece and China.
July 16- Goldman Sachs Group Inc's profit more than halved in the second quarter as trading revenue weakened and litigation provisions soared. The Wall Street bank said on Thursday its net income applicable to common shareholders fell to $916 million, or $1.98 per share, in the three months to June 30, from $1.95 billion, or $4.10 per share, a year earlier.
Defending the pursuit of wealth isn't something to let fall by the wayside.
ANN ARBOR, Mich., June 26- From renaming an ice cream flavor to flying the gay movement's rainbow flag, many American corporations celebrated Friday's U.S. Supreme Court decision to legalize same-sex marriage and said it made good sense for their businesses. "We applaud today's U.S. Supreme Court ruling on marriage equality, which will help families across the...
SAN FRANCISCO, May 21- In Goldman Sachs Group Inc's latest move to bolster its street cred as a cool, tech-savvy bank, the firm held its annual shareholder meeting in its San Francisco headquarters on Thursday. In just the past few weeks, Goldman has hired an executive to build a digital lending platform, co-led a $50 million investment in a bitcoin startup and...