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
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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 $139.78 USD
CHANGE TODAY +0.04 0.03%
VOLUME 5.0M
As of 8:04 PM 09/2/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of GOLDMAN SACHS GROUP INC (GS)
|
OPEN
$139.93
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PREVIOUS CLOSE
$139.74
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DAY HIGH
$140.15
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DAY LOW
$138.45
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52 WEEK HIGH
10/14/09 - $193.60
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52 WEEK LOW
07/1/10 - $129.50
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MARKET CAP
75.6B
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AVERAGE VOLUME 10 D
6.4M
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EPS TTM
$21.79
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SHARES OUTSTANDING
515.6M
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EX-DATE
08/30/10
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P/E TTM
6.4x
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DIVIDEND
$1.40
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DIVIDEND YIELD
1.00%
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| K = Thousands M = Millions B = Billions | ||
related news
Blog Watch: Naked Shorting Will Cause U.S. Exchange Exodus
Investrend - 09/02/2010 9:36 AM ET
CIS: Initiated - JAGNote by Goldman Sachs
JAG Media - 09/02/2010 9:03 AM ET
FORM: Upgrade - JAGNote by Goldman Sachs
JAG Media - 09/02/2010 8:46 AM ET
Panel: Why was Wachovia saved, but not Lehman? [The Charlotte Observer, N.C.]
The McClatchy Company - 09/01/2010 6:02 PM ET
Chicago Tribune Gail MarksJarvis column [Chicago Tribune]
The McClatchy Company - 09/01/2010 5:03 PM ET
Key developments for GOLDMAN SACHS GROUP INC (GS)
ISS Confirms IPO Plans
08/25/2010
ISS A/S said that it is planning an Initial Public Offering (IPO). ISS Holding A/S has decided together with its shareholders to initiate a strategic review process, which includes considering an initial public offering, the firm said in its second-quarter report. ISS and its owners have appointed The Goldman Sachs Group, Inc. and Morgan Stanley to assist in a strategic review, which includes studying an IPO, the firm said. In June 2007, it hired banks to conduct a feasibility study. The company has reportedly appointed Goldman Sachs and Morgan Stanley to assist in the review and Rothschild to act as adviser to ISS and its shareholders. The company said it would give further information after the review. ISS Chief Financial Officer, Jakob Stausholm declined to give a timetable for the review.
The Goldman Sachs Group, Inc. Presents at FIA Treasury Market Forum, Oct-05-2010 01:30 PM
08/25/2010
The Goldman Sachs Group, Inc. Presents at FIA Treasury Market Forum, Oct-05-2010 01:30 PM. Venue: New York Marriott Marquis, 1535 Broadway, New York, NY 10036, United States. Speakers: Isaac Chang, Vice President.
Wise Partners May Reportedly Buy Teibow
08/20/2010
Wise Partners may buy Teibow Co., Ltd. from The Goldman Sachs Group, Inc. for as much as 15 billion, according to three sources close to the deal. Wise might have outbid Advantage Partners, LLP and other potential buyers looking to take control of the company, according to the sources, who spoke on condition they not be identified. The price tag is in the range of 10 billion to 15 billion, they added. Advantage Partners, Polaris Capital Group Co., Ltd. and CITIC Capital Private Equity initially bid to buy Teibow, sources previously told Reuters. Nomura Capital Investment will provide debt financing to Wise Partners, two of the three people said. Reuters reported that a spokeswoman in Tokyo for Goldman Sachs declined to comment. Wise Partners was not available for comment.
GS Competitors
| Company | Last | Change |
| BNP Paribas | €52.43 EUR | +0.13 |
| Citigroup Inc | $3.88 USD | +0.0325 |
| Credit Suisse Group AG | SFr.45.64 CHF | -0.21 |
| Deutsche Bank AG | €49.43 EUR | -1.38 |
| Morgan Stanley | $25.68 USD | +0.27 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | GS | Industry Range |
| Price/Earnings | 7.1x |
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| Price/Sales | 1.7x |
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| Price/Book | 1.1x |
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| Price/Cash Flow | 5.5x |
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| TEV/Sales | NM | Not Meaningful |
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GS |
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GS transactions
| Type Date |
Target |
|
Fund Raising
August 31, 2010 |
Prospect Partners III, L.P. |
|
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
Internal Documents to Be Made Public by F.C.I.C.
2010-09-02 03:34:50
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: Angelides told the newspaper, “want to keep all their documents secret.”
The FT writes:
The commission – set up by Congress to study the crisis and given sweeping legal authority – has used subpoena powers to compel Goldman Sachs to release documents and to force Warren Buffett, the chairman of Berkshire Hathaway, to testify.
But it is in a race against time to obtain additional information from Wall Street and complete its work before its deadline. “Sometimes it...Read article
Bernanke Meets Buffett in New Role Conceived to Protect Markets
2010-09-02 03:34:47
Quote: Goldman SachsMorgan
Stanley, which became bank holding companies in September 2008.
Thrift Regulator
Warren BuffettBerkshire Hathaway Inc.General Electric Capital Corp., the financial unit of GE.
The Fed is now required to look for evidence that practices
in the banking system threaten the country’s financial stability
and, if necessary, take action to put a stop to those practices.
It’s also obliged under the law to administer stress tests at
the biggest banks every year to det...Read article
DEALTALK-Bidding wars, scrapped holidays herald M&A pickup
2010-09-01 01:50:33
Keywords: Investment Banking and Brokerage Services,Financials,United States,Funds,Banking Services,Financials,Investment Services - Diversified,Switzerland,Western Europe,Europe,Banks,Germany,Private Equity Funds,Mergers / Acquisitions / Takeovers,Computer hardwar
Quote: since 1999 * Month's private equity volume doubled from August 2009 * Propelled by offers for Potash, McAfee, Dynegy * Goldman Sachs No. 1 for dealmaking volume year to date By Megan Davies and Soyoung Kim NEW YORK, Aug 31 (Reuters) - August's unseasonable burst of
dealmaking -- the busiest in over a decade -- could herald a
wider rebound in M&A for the remainder of the year as low
interest rates, record cash piles and low stock-market values
encourage chief executives to strike deals. Previ...Read article
Capital Freeze Thaws for Real-Estate Funds
2010-09-01 01:50:32
Quote: At the same time, some funds are succeeding in persuading existing investors to cough up more capital, although this typically is an uphill struggle.Goldman Sachs GroupCB Richard EllisJ.P. Morgan Chase & Co. to recapitalize a $500 million portfolio of office buildings, according to people familiar with the matter.These deals are the latest sign the capital freeze plaguing the commercial-real-estate industry since the global financial downturn is beginning to thaw. For two years, property own...Read article
Lehman lawyers seek records from hedge funds and Goldman-report
2010-09-01 01:50:31
Keywords: Investment Banking and Brokerage Services,Financials,United States,Funds,Banking Services,Financials,Reinsurance,Insurance,Invesment Management and Fund Operators,Judicial Process / Court Cases / Court Decisions,Lawmaking,Regulations / Standards,Hedge fun
Quote: Sept 1 |Wed Sep 1, 2010 1:10am EDT
Sept 1 (Reuters) - A law firm hired by the estate of Lehman
Brothers Holdings Inc (LEHMQ.PK) has demanded trading records,
email and other material for all of 2008 from a few hedge funds
and Goldman Sachs (GS.N), the New York Times said. Apart from Goldman, the law firm Kasowitz, Benson, Torres &
Friedman representing Lehman, has asked for the records from
hedge funds including SAC Capital Advisors, Greenlight Capital
(GLRE.O), the Citadel Investment Group,...Read article
Get ready for the coming app bubble
2010-08-31 01:28:04
Quote: After all, it wasn’t until late 1998 that Sergei and Brin even started the company that would create the single largest fortune out of the Internet– Google, whose valuations are now measured by the hundreds-of-billions.
Look, you can buy Google, Nokia, Websense, and other app-related companies at valuations that rival stale old companies like Caterpillar and Goldman Sachs.Or you can chase a Netflix or PriceLine that will both benefit from their app-strategies and will continue to tak...Read article
David Weidner's Writing on the Wall: Glenn Beck and me
2010-08-31 01:27:58
Keywords: Commentary, JPM, JPMorgan Chase & Co, NWS, News Corp, GS, Goldman Sachs Group Inc
Quote: I explained to her how Wall Street traders pushed up energy prices in Europe where there were fewer market limits and how Goldman Sachs Group Inc./quotes/comstock/13*!gs/quotes/nls/gs(GS136.66,-2.74,-1.97%) analysts were particularly influential in driving up prices by setting eye-popping price targets. It was a subject that had been under-covered by the media, in my opinion.She explained to me that Beck wanted to know if oil companies were responsible. I said I didn't think so, and we made arra...Read article
Bruce Berkowitz on Financials
2010-08-30 01:21:27
Quote: And so is Morgan Stanley (MS) andGoldman Sachs (GS), and Citigroup and Regions Financial (RF) and CIT. All thecompanies that we purchased during their stressful periods. CONSUELO MACK: So, Bruce, what would convince you to sell? I mean, is it going to be a price decision with some of these companies? BRUCE BERKOWITZ: It’s going to be a price decision. CONSUELO MACK: It is a price decision. BRUCE BERKOWITZ: It’s going to. It’s just so cheap,relative to what you’re getting....Read article
EHi Looks to Untangle Traffic Jams in China
2010-08-27 03:26:50
Quote: From Venture Capital Dispatch:
Like many Chinese citizens, Ray Zhang is worried about his country’s parking issues, traffic snarls, pollution problems, and increasing demand on foreign oil imports.China’s poor traffic situation can be ameliorated by promoting a car-sharing culture.
“China needs a car-sharing and resource-sharing option more than any other nation on earth, due to its population base, geographical size, and energy, environmental, and traffic concerns,†he s...Read article
Doth Avis Protest Too Much?
2010-08-26 02:13:39
Quote: In a recent legal brief, a group of Dollar Thrifty Automotive Group shareholders accused management of lying to shareholders and agreeing to be bought by Hertz Global Holdings to repay a personal debt to its one of its bankers (Goldman Sachs Group).
[Previously, this post incorrectly stated that Avis had filed the legal brief]
Delaware Vice Chancellor Leo Strine doesn’t seem to be buying these arguments, according to the M&A law professor’s blog, which has been following today’s proc...Read article
Dollar Thrifty's Promising Day in Court
2010-08-26 02:13:37
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 this regard, the Dollar Thrifty board was aided by a conflicted Goldman Sachs.
The problem with the plaintiffs’ legal brief is that it lacks a motive: what is the private, extraordinary gain that the Dollar Thrifty board and its executives are obtaining that would justify taking an inferior offer?Without a nefarious motive, Delaware judges are going to have trouble enjoining a transaction.
Dollar Thrifty challenges these arguments by painting a picture of an engaged board that had been ...Read article
China And Japan Keep CEO Leadership In The Family
2010-08-26 02:13:36
Quote: and European economies, multinational search upswings in China and India and long discussions on how to “fix†the Japan operation.
In the early 1980s IBM was the catalyst for the tremendous wave of foreign investment in Japan when it moved its Asia-Pacific headquarters to then-new upscale ARK Hills Mori office tower (simultaneously, the “opening†of the Japanese stock exchange sparked a rush by Goldman Sachs, Morgan Stanley and other investment banking firms into Japan...Read article
Doubling Down In Vegas, Baby!
2010-08-25 03:24:30
Quote: The owners also pledged to provide up to $20 million more to cover shortfalls if needed prior to the mortgage maturing.In return, lenders Goldman Sachs Group Inc. and Gramercy Capital Corp. will receive escalating interest rates and the aforementioned fees. Goldman Sachs is the primary backer of Whitehall. Gramercy is a spinoff of office landlord SL Green Realty Corp.The 2,955-room Las Vegas Hilton, opened in 1969, is the largest Hilton in the world and home to one of the city's largest sports b...Read article
Lawsuit Seeks to Halt Hertz's Deal for Dollar
2010-08-25 03:24:27
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: | Updated with Dollar Thrifty’s response.
Shareholders opposed to the takeover of the Dollar Thrifty Automotive Group by Hertz Global Holdings have accused Goldman Sachs bankers of working on both sides of the transaction, giving Hertz an edge over a rival bid from the Avis Budget Group, according to a lawsuit filed in Delaware Chancery Court.
The lawsuit, which is seeking a court order to halt the transaction, also contends that Scott L. Thompson, Dollar’s chief executive, did not ...Read article
RPT-UPDATE - China Geely H1 net beats f'cast, competition rises
2010-08-25 03:24:26
Keywords: Hong Kong,Asia/Pacific,Emerging Market Countries,China,Automobiles/Auto Parts,Corporate Results,Major Breaking News,United States,Results Forecasts / Warnings,Sweden,Auto/Truck Manufacturing,Biotechnology / Pharmaceuticals,Investment Banking and Brokerage
Quote: The stock surged nearly seven-fold last year on bullishness
about its parent's plan to purchase Volvo and an investment in
the company by Goldman Sachs (GS.N).($1=6.796 Yuan)(Reporting by Alison Leung; Editing by Dhara Ranasinghe andJacqueline Wong)......Read article
Chinese Journalist Batters Goldman Sachs
2010-08-24 09:14:31
Quote: Yesterday I bought a copy of Li Delin’s (æŽå¾·æž—) latest book: “高盛阴谋” (Goldman Sachs Conspiracy). Li is a well-known financial journalist and author who has written several other books, including the November 2009’s “干掉一切对手——看高盛如何算赢世界 (Eliminate All Competitors–How Goldman Sachs Wins Over the World”. You can read LiR...Read article
Treasury's Bid For A GM Payback
2010-08-24 09:14:30
Quote: By Jacob Plieth and Alessandro PasettiGeneral Motors Co.
It’s as yet unknown whether taxpayers’ money will yield any return, but the parties must surely be talking day and night to determine how much will be recouped.
What if the underwriters of the IPO–10 banks, including Goldman Sachs, Citigroup, and Deutsche Bank–were pressured by their client to deliver, say, the 6%-plus compounded annual rate of growth (ex dividend payments) recorded by the S&P 500 since 1990?
Fa...Read article
Blankfein Said to Swim, and Win, for Charity
2010-08-24 09:14:28
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: Goldman Sachs’s recent drive to help improve its image may have gotten a boost this weekend when the bank’s chief executive, Lloyd C. Blankfein, used a flip-turn to winning results in a charity swim event at the Southampton Bath & Tennis Club.
According toNew York Observer, Mr. Blankfein “swam a pool-conquering 134 laps in one hour.”
Southampton Bath & Tennis wasn’t forthcoming with details, but one Goldman Sachs source with knowledge of the matter told The ...Read article
Lujiazui Breakfast: News and Views About Chinas Stocks (Aug. 23)
2010-08-23 02:47:26
Quote: Sales climbed by 24.2 billion yuan.
Peng Wensheng, research head at Barclays Capital, will place Ha Jiming as the new chief economist at investment bank China International Capital Corp., according to knowledgeable sources. Ha has joined Goldman Sachs.
The government is moving to improve China’s investment climate for foreign companies following criticism by foreign companies. High-tech investments will be encouraged,  and foreign companies can also apply for research funds. Th...Read article