GS
RT @ldrogen - $GS needs to recapture 160 for this market to be off the operating table
GS
RT @ZipperTheory: RT @ZipperTheory $GS downgrades $genz > correction - removes from conviction list
GS
RT @ZipperTheory $GS downgrades $genz > correction - removes from conviction list
GS
$GS needs to recapture 160 for this market to be off the operating table
GS
$GS CIT Hires Former Merrill Head as CEO (at Fox Business) http://bit.ly/bclNMn
GS
RT @CNBCtopStories: Testy Conflict With Goldman Helped Push AIG to Edge http://cnbc.com/id/35289243 $AIG $GS #Bailouts
GS
$GS CIT, emerging from bankruptcy, hires Thain as CEO (Reuters) http://bit.ly/bECP8i
GS
$GS Thain back from the wilderness to head CIT (at FT.com) http://bit.ly/bmlZdT
GS
$GS CIT, emerging from bankruptcy, hires Thain as CEO (at Reuters) http://bit.ly/9LPElT
GS
CDS $ -- Capital One protection continues to become more expensive with $WFC & $GS remaining at cheaper levels for protection $$
GS
$GS Legal Broadsides Kick Off Air Products-Airgas Battle (at The New York Times) http://bit.ly/cPb0G1
GS
$GS The Debt Bomb: Weekend Reading (at TheStreet.com) http://bit.ly/a0kElf
GS
$GS Debt Threat: Weekend Reading (at TheStreet.com) http://bit.ly/c7jbAN
GS
$GS Goldman's payment demands on AIG probed-NYT (at Reuters) http://bit.ly/9MJhkc
GS
$GS Goldman's payment demands on AIG probed: report (Reuters) http://bit.ly/bFfLt2
GS
Don't understand the $GS hate. They're doing what is best for their shareholders which is their job! Their job isn't to look out for us
GS
@MSGret1 send a tweet with a dollar sign ($) in front of a stock symbol (i.e. $GS) on your twitter account
GS
@MSGret1 hang on let me check the page send a text ($GS test")
GS
$GS Executive pay (at FT.com) http://bit.ly/91rjzt
GS
MT: @alansmurray Blankfein's $9 M bonus @ $GS still 2 big if people conclude taxpayer-AIG $$ --» performance. http://bit.ly/cEZUdD / *if*!
GS
RT @TimOBrienNYT: Testy Conflict With Goldman Helped Push A.I.G. to Edge http://s.nyt.com/u/ebp $gs $$
GS
Blankfein's $9M bonus at Goldman still too big if taxpayer $$ via AIG fueled bank's performance $gs http://bit.ly/aCV4FT
GS
Additionally, the $11.9 billion AIG paid to the French bank Société Générale.... Surprise... Was then paid back to $GS as part of a deal
GS
RT @TimOBrienNYT: Testy Conflict With Goldman Helped Push A.I.G. to Edge http://s.nyt.com/u/ebp $gs $$
GS
Testy Conflict With Goldman Helped Push A.I.G. to Edge http://s.nyt.com/u/ebp $gs $$
GS
RT @TimOBrienNYT: RT @alansmurray Blankfein's $9M bonus at Goldman still too big if taxpayer $$ via AIG fueled bank's performance http://bit
GS
RT @alansmurray Blankfein's $9M bonus at Goldman still too big if taxpayer $$ via AIG fueled bank's performance http://bit.ly/cEZUdD $gs
Goldman Sachs Group Inc. - GS Insiders
No Insiders
We have no insiders for Goldman Sachs right now.
Know someone who is an insider on Goldman Sachs Group Inc.?
Let us know.
Goldman Sachs Group Inc. - GS information
The Goldman Sachs Group, Inc., together with its subsidiaries, provides various investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments with respect to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and underwriting services, including equity underwriting and debt underwriting. The company?s Trading and Principal Investments segment engages in market making in, trading of, and investing in commodities and commodity derivatives, including power generation and related activities; credit products, such as credit derivatives, investment-grade corporate securities, high-yield securities, bank and secured loans, municipal securities, emerging market and distressed debt, public and private equity securities, and real estate; currencies and currency derivatives; interest rate products consisting of interest rate derivatives and global government securities; money market instruments, including matched book positions; and mortgage-related securities and loan products. This segment also provides equity securities, derivative securities, futures, and options clearing services; market-making and specialist services in equity securities and options; and insurance services, as well as involves in principal investments activities. Its Asset Management and Securities Services segment offers various asset management services comprising investment advisory services, financial planning, and investment products; management of merchant banking funds; and securities services, such as prime brokerage, financing services, and securities lending. The company was founded in 1869 and is headquartered in New York, New York....
www2.goldmansachs.com
36,200 Employees
Founded in 1869
GOLDMAN SACHS GROUP INC (GS:New York)
LAST $151.92 USD
CHANGE TODAY -0.66 -0.43%
VOLUME 6.5M
As of 2:46 PM 07/30/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of GOLDMAN SACHS GROUP INC (GS)
|
OPEN
$151.35
|
PREVIOUS CLOSE
$152.58
|
|
|
DAY HIGH
$153.41
|
DAY LOW
$150.80
|
|
|
52 WEEK HIGH
10/14/09 - $193.60
|
52 WEEK LOW
07/1/10 - $129.50
|
|
|
MARKET CAP
81.7B
|
AVERAGE VOLUME 10 D
12.7M
|
|
|
EPS TTM
$21.79
|
SHARES OUTSTANDING
514.8M
|
|
|
EX-DATE
08/30/10
|
P/E TTM
7.0x
|
|
|
DIVIDEND
$1.40
|
DIVIDEND YIELD
0.92%
|
|
| K = Thousands M = Millions B = Billions | ||
related news
Midday Glance: Investment Banks companies
AP Digital - 07/30/2010 1:20 PM ET
New York Fed: Toxic assets from AIG gaining value
AP Digital - 07/29/2010 6:02 PM ET
AMN Healthcare will acquire Medfinders for $220M [The San Diego Union-Tribune]
The McClatchy Company - 07/29/2010 1:55 PM ET
AMN Healthcare acquires Texas-based rival [The San Diego Union-Tribune]
The McClatchy Company - 07/29/2010 1:55 PM ET
Midday Glance: Investment Banks companies
AP Digital - 07/28/2010 1:17 PM ET
Key developments for GOLDMAN SACHS GROUP INC (GS)
The Goldman Sachs Group, Inc. Launches Clearing Services for OTC Derivatives
07/27/2010
The Goldman Sachs Group, Inc. announced the launch of its Derivatives Clearing Services (DCS) business. DCS provides clients with a comprehensive global OTC clearing service for interest rates, credit, foreign exchange equities and commodities. Goldman Sachs DCS is an agency business designed to streamline the client derivatives clearing experience across products, asset classes and regions. DCS builds upon the firm's globally recognized prime brokerage and futures clearing platforms to maximize efficiency and provide an integrated suite of tools and reporting for clients. Goldman Sachs recognizes that clients will be faced with new reporting, connectivity, and regulatory requirements. The firm is committed to investing in innovative solutions to help clients address these changes.
US Power Generating Company Reviews Strategic Alternatives
07/27/2010
US Power Generating Company announced that its Board of Directors has approved the initiation of a strategic review process to solicit a sale or merger transaction for Astoria Generating Company Holdings L.L.C. USPowerGen has retained The Goldman Sachs Group, Inc. to act as its exclusive financial advisor in connection with the strategic review.
The Goldman Sachs Group, Inc. Reports Earnings Results for the Quarter Ended June 2010
07/26/2010
The Goldman Sachs Group, Inc. reported earnings results for the quarter ended June 2010. The company reported net profit for theJune quarter tumbled 82% from a year earlier to $613milliondue partly to the cost of settling the Securities andExchange Commission's fraud accusations.
GS Competitors
| Company | Last | Change |
| Citigroup Inc | $4.10 USD | -0.025 |
| Credit Suisse Group AG | SFr.47.44 CHF | -0.30 |
| Deutsche Bank AG | €53.47 EUR | +0.16 |
| Morgan Stanley | $27.06 USD | +0.07 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | GS | Industry Range |
| Price/Earnings | 7.7x |
|
| Price/Sales | 1.9x |
|
| Price/Book | 1.2x |
|
| Price/Cash Flow | 6.0x |
|
| TEV/Sales | NM | Not Meaningful |
|
GS |
||
|
GS transactions
| Type Date |
Target |
|
Merger/Acquisition
July 21, 2010 |
Trace TV S.A. |
|
Merger/Acquisition
July 14, 2010 |
Jal Group Italia S.r.l. |
|
Merger/Acquisition
April 7, 2010 |
Siam City Bank Public Co. Ltd. |
Goldman Sachs Group Inc. - GS news
Reform Fails to Slow Financial ETFs
2010-07-30 10:34:22
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, ETF Expert ,ETF Update
Quote: By Gary Gordon of ETF ExpertWhat was the goal of financial-regulatory reform? Presumably, to increase oversight over Wall Street traders and reduce excessive risk-taking by proprietary trading desks.Yet, Charlie Gasparino for FoxNews.com reports that Goldman SachsGS) is already ahead of the curve. In less than two weeks since a $550 million settlement with the Securities and Exchange Commission, Goldman has moved half of its stock-trading operations to its asset-management division.Why? Instead ...Read article
The Big Bank Stock Rally That Wasn't
2010-07-30 10:34:21
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, Lauren Tara LaCapra ,Market Features
Quote: NEW YORK (TheStreet) -- Investors wondering why the big bank stock revival hasn't happened yet can find the answer in a presidential campaign slogan that dates back nearly 20 years.It's the economy, stupid.began in April and has been blamed on a few factors that all seemed to coincide.The initial spark for the selling was the SEC accusing Goldman Sachs GS)how much damage may be done to Goldmanother firmsEuropean debt crisis"flash-crash,"fearsome twists in the financial-reform saga and increasing...Read article
Deals of the Day: Meet Li Lu --- Possible Buffett Successor
2010-07-30 10:34:13
Quote: [WSJ]
Goldman Sachs: The firm began to unveil the designs it has on remaking its new neighborhood of Battery Park City. [NY Times]
Financial Reform
Hank Paulson on fixing the system: “The financial reform bill enacted last week is a significant step toward a much-needed modernization of our regulatory structure…But the job remains unfinished until Congress addresses the housing policies that fueled the crisis — a big part of which requires reforming and dramatically scaling back Fa...Read article
Wall Street Whispers: The Goldman Cheerleaders
2010-07-30 10:34:13
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, Lauren Tara LaCapra ,Financial Services
Quote: NEW YORK (TheStreet) -- For all the negativity surrounding Goldman Sachs (GS) for the past few months, it may be surprising to hear that people still really love working there, really want jobs there and really support its much-maligned CEO Lloyd Blankfein.An analysis of employee sentiment by Glassdoor.com to be released on Friday found Goldman to be the best bank to work at, with Blankfein receiving a 97% approval rate. Goldman ranked No. 2 on list of 113 financial firms, receiving a 3.8 rating...Read article
Panasonic targets green energy buy-outs
2010-07-29 08:30:05
Keywords: Company_News,Mergers_&_Acquisitions,Shareholdings,Sanyo_Electric_Co_Ltd,Panasonic_Electric_Works_Co_Ltd
Quote: Panasonic has placed an Y820bn ($9.4bn, €7.2bn, £6bn) bet on the future of green energy by offering to buy out minority shareholders in two subsidiaries specialising in lithium-ion batteries, solar cells and other environmental technology.The Japanese electronics group, which is seeking to reduce its reliance on more conventional products such as televisions and refrigerators, on Thursday said it would seek to acquire all the shares it does not already own in Sanyo and Panasonic Electri...Read article
UPDATE - Evercore hires LyondellBasell director
2010-07-28 05:06:13
Keywords: Financials,Financial service providers,Industrial conglomerates (industry),United States of America,Management issues/policy,Banks (industry group),Fund management and asset allocation,Oil and gas refining and marketing,Energy and Resources,Chemicals,Emer
Quote: Kassin has over 25 years of investment banking and capital
markets experience at companies like Morgan Stanley (MS.N),
Merrill Lynch and Goldman Sachs (GS.N). Kassin will join ex-Citigroup (C.N) head of global energy
investment banking, Stephen Schaible, to manage the chemical
and energy advisory business at Evercore. Shares of the company closed at $25 in regular session
Tuesday on the New York Stock Exchange. (Reporting by Jochelle Mendonca and Supantha Mukherjee in
Bangalore; Editing by Unnik...Read article
Caixin Online: Japan's Age of Plenty and what it means for China
2010-07-28 05:06:08
Keywords: Markets|Asia, GS, Goldman Sachs Group Inc
Quote: Japanese used their trade surpluses to buy up trophy properties like Rockefeller Center and Pebble Beach, as well as a share in Goldman Sachs/quotes/comstock/13*!gs/quotes/nls/gs(GS147.23,-0.97,-0.65%). Japanese banks ranked among the world's largest. The book "Japan as Number One" seemed right on the mark.But Japan's economic might proved an illusion. Michael Schuman has an excellent piece in this week's edition of Time, chronicling Japan's many economic woes over the past 20-plus years. It mak...Read article
US Power Gen seeks buyer for NY Astoria power plants
2010-07-28 05:06:07
Keywords: United States of America,Utilities,Natural Gas,Energy and Resources,Residual fuel oil,Financials,Banks (industry group),Fund management and asset allocation,Banks,Commodities and Energy Markets,Energy Markets,Products from Crude Oil,Financial service prov
Quote: Wed Jul 28, 2010 1:09am EDT
July 28 (Reuters) - US Power Generating Co hired
Goldman Sachs Group Inc (GS.N) to sell its Astoria Generating
Co unit, which owns about 2,300 megawatts of power generation
in New York City, the company said in a release this week. The Astoria Generating fleet, which can serve about 20
percent of the electric demand in New York City, consists of
natural gas and oil-fired steam units and combustion turbines,
including the 1,296 MW Astoria Generating Station in Queens ...Read article
UPDATE - Daiwa posts Q1 loss on underwriting, trading slump
2010-07-27 04:16:26
Keywords: Financials,Japan,Asia,Banks (industry group),Fund management and asset allocation,United States of America,Banks,Belgium,Western Europe,Europe,Major Breaking News,Corporate Results,Corporate Results Forecasts,Financial service providers,Investment for ind
Quote: The performance of Daiwa, which ranks behind Nomura Holdings
Inc (8604.T) in Japan, mirrored that of bigger rivals in the
United States, including Goldman Sachs (GS.N) and JPMorgan Chase
& Co (JPM.N), which also suffered from lower trading revenue and
investment banking fees in the latest quarter. The tough market conditions prompted companies to refrain
from tapping the capital markets for funds. Japanese companies
sold $5.2 billion worth of shares in the quarter, less than half
of $13.8 bi...Read article
Sorkin: Some Backup for Goldman on A.I.G.
2010-07-27 04:16:24
Keywords: Mergers & Acquisitions, Investment Banking, I PO, I.P.O.s, IPOs, Offerings, Private Equity, Hedge Funds, Venture Capital, Legal, The New York Times, Andrew Ross Sorkin, Andrew Sorkin, DealBook, deal maker, Wall street, wall st., Goldman Sachs, Goldman Sa
Quote: Looks like Goldman was telling the truth about being covered against losses at American International Group, The New York Times’s Andrew Ross Sorkin writes in his latest DealBook column.
New documents released show the bank living up to its reputation as the smart set, eliminating much of its its exposure to the giant insurer through a combination of collateral calls and hedges made through other institutions.
Hedging its hedges, in other words, in that upside down situation where buying i...Read article
Documents detail $4.3B in Goldman Sachs payouts
2010-07-26 03:36:13
Keywords: Documents detail $4.3B in Goldman Sachs payouts, gs
Quote: Chuck Grassley, R-Iowa, contain a list of the 27 banks, hedge funds and financial companies that received $4.3 billion from Goldman Sachs Group Inc. The money was to reimburse them for losses on investments called credit default swaps that plunged in value during the financial crisis.The money trail actually began with AIG, which sold the swaps to Goldman. The big investment bank in turn sold them to its customers, including the international banks and financial companies. When AIG received a ba...Read article
UPDATE - Market Chatter -- Corporate finance press digest
2010-07-23 09:27:15
Keywords: United States of America,United Kingdom,Western Europe,Europe,Mergers and Acquisitions (including Changes of Ownership),Private equity funds,Banks (industry group),Financials,Business activities,Contract between 2 or more corporate entities,Financial serv
Quote: [ID:nLDE66M041] * Goldman Sachs Group Inc (GS.N) told U.S. investigators
which counterparties it used to hedge the risk that American
International Group Inc (AIG.N) would fail, Bloomberg said,
citing three people with knowledge of the matter.
[ID:nSGE66M09D] * Britain's Royal Mail is likely to be partly or wholly
privatized within two to three years, the minister in charge of
the move told the Financial Times. [ID:nLDE66M007] * CITIC Group is considering a $12 billion listing in Hong
Kong, a mo...Read article
Ten banks to fail European stress tests-Goldman
2010-07-23 09:27:15
Keywords: Western Europe,Europe,Banks (industry group),Financials,United Kingdom,Germany,France,Greece,Spain,Portugal,Italy,Hedge funds,Fund management and asset allocation,Central and Eastern Europe,South-Eastern Europe,Eastern Europe,Company News item,Economic ne
Quote: Fri Jul 23, 2010 3:26am EDT
* Goldman survey suggests 10 banks to fail stress test * Poll expects banks to raise 37.6 bln euros after tests LONDON, July 23 (Reuters) - Ten out of the 91 banks
subjected to Europe's stress tests are expected to fail,
according to a survey of investors conducted by Goldman Sachs
(GS.N). In an effort to calm investors' jitters over the potential
impact of the euro zone debt crisis on Europe's banking system,
banking regulators are assessing how 91 banks across Euro...Read article
S.E.C. Said to Probe Goldman Settlement Timing
2010-07-23 09:27:14
Keywords: Mergers & Acquisitions, Investment Banking, I PO, I.P.O.s, IPOs, Offerings, Private Equity, Hedge Funds, Venture Capital, Legal, The New York Times, Andrew Ross Sorkin, Andrew Sorkin, DealBook, deal maker, Wall street, wall st., Goldman Sachs, Goldman Sa
Quote: Securities and Exchange Commission Inspector General David Kotz said on Thursday that he will expand his investigation of the agency’s fraud suit against Goldman Sachsreported.
Mr. Kotz said that he will look into “the circumstances surrounding the timing of the S.E.C.’s settlement reached with Goldman on July 16,” according to a letter seen by Reuters.
The investment bank and the U.S. investor protection agency announced an agreement earlier this month to settle the S.E....Read article
Crunch time for Europe's banking credibility
2010-07-23 09:27:13
Keywords: Spain,Western Europe,Europe,European Union,Regulation and enforcement,Financials,Banks (industry group),Business activities,Major Breaking News,Macro-Economics,Germany,Central and Eastern Europe,Company News item,Economic news, EC, business/financial page
Quote: "It's not
just about a headline number, it's the whole methodology." Ten banks are expected to fail and will need to raise about
38 billion euros ($48.93 billion), according to the average
expectation from a survey conducted by Goldman Sachs (GS.N). It quizzed 376 investors, including hedge funds and
long-only investors. [ID:nLDE66M0BL] Banks in Spain, Germany and Greece are most likely to raise
cash, it said. Other analysts looking at which banks might need new capital
expect 5-10 banks to come...Read article
Citigroup Gets Ahead by Going Abroad
2010-07-23 09:27:12
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, Dan Freed ,Market Features
Quote: banks are dim these days, but after sifting through the second-quarter reports, Citigroup(C) looks like the most convincing long-term growth story.already paying off as CFO John Gerspach noted Asia and Latin America accounted for less than 40% of revenue in the latest quarter, but contributed more than 50% of net income.Wall Street Bank Earnings Preview for 3Q While Goldman SachsGS), Morgan StanleyMS), JPMorgan ChaseJPM) and Bank of AmericaJPM) all have strategies for international growth, only ...Read article
[$$] Morgan Stanley's Earnings Take Off
2010-07-22 06:37:16
Quote: BY AARON LUCCHETTIFor Morgan Stanley, the second quarter was a good time not to be Goldman Sachs. After trailing its larger Wall Street rival for six consecutive quarters, Morgan Stanley on Wednesday reported net income of $1.96 billion during the second quarter. That was about triple the amount Goldman earned after its quarter was marred by a Securities and Exchange Commission penalty and a wrong-way bet on the stock market's rising volatility. Morgan Stanley's earnings—a 10% increase f...Read article
CRMC buys 12.8 pct of AgBank H shares - HKEx
2010-07-22 06:37:15
Keywords: China,Asia,Hong Kong,Qatar,Middle East,United States of America,Emerging countries,Financials,Banks (industry group),
Quote: Since the shares allocated to the firm in the IPO was less
than CRMC wanted, the investment fund bought additional shares in
the secondary market during the debut through Goldman Sachs,
avoiding lock up restrictions, the newspaper said. China International Capital Corp (CICC), Goldman Sachs Group
Inc (GS.N) and Morgan Stanley (MS.N) led the Hong Kong offering. Qatar Investment Authority holds about 22.2 percent of
AgBank's H shares. Hong Kong-listed shares of AgBank were up 1.24 percent at
HK$3....Read article
How Morgan Stanley Bucked a Trend in Trading
2010-07-22 06:37:14
Keywords: Mergers & Acquisitions, Investment Banking, I PO, I.P.O.s, IPOs, Offerings, Private Equity, Hedge Funds, Venture Capital, Legal, The New York Times, Andrew Ross Sorkin, Andrew Sorkin, DealBook, deal maker, Wall street, wall st., Goldman Sachs, Goldman Sa
Quote: In contrast, its main competitors, Goldman Sachs and JPMorgan Chase, experienced 35 percent declines in trading revenue in the same period.
A combination of structure, strategy and market share gains seems to be benefiting Morgan Stanley, giving the firm something to smile about for the first time in a while.
First, Morgan Stanley does not seem to have experienced the big drop-off in trading volumes that affected its rivals. The sovereign debt crisis in Europe sent the markets into a tailspin i...Read article
Paulson & Company to Go Retail, Report Says
2010-07-22 06:37:12
Keywords: Mergers & Acquisitions, Investment Banking, I PO, I.P.O.s, IPOs, Offerings, Private Equity, Hedge Funds, Venture Capital, Legal, The New York Times, Andrew Ross Sorkin, Andrew Sorkin, DealBook, deal maker, Wall street, wall st., Goldman Sachs, Goldman Sa
Quote: Paulson & Company, the hedge fund linked to civil fraud charges against Goldman Sachsreported.
The fundwill launch later this year in conjunction with Deutsche Bank, the newspaper said, citing people familiar with the move.
Ucits structure.
Paulson & Company, run by John A. Paulson, the veteran hedge fund manager, is the latest hedge fund to launch a retail fund, as the industry continues to seek ways to tap new capital. Funds that have already jumped on the retail bandwagon include High...Read article