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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
goldmanwatch, 2599 follower(s), 2199 friend(s)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
Founded in 1869
GOLDMAN SACHS GROUP INC (GS:NYSE)
LAST $173.51 USD
CHANGE TODAY +1.57 0.91%
VOLUME 9.1M
As of 4:15 PM 03/11/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of GOLDMAN SACHS GROUP INC (GS)
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OPEN
$171.40
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PREVIOUS CLOSE
$171.94
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DAY HIGH
$173.57
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DAY LOW
$171.10
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52 WEEK HIGH
10/14/09 - $193.60
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52 WEEK LOW
03/11/09 - $85.58
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MARKET CAP
94.2B
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AVERAGE VOLUME 10 D
11.0M
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EPS TTM
$22.55
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SHARES OUTSTANDING
526.3M
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EX-DATE
02/26/10
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P/E TTM
7.7x
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DIVIDEND
$1.40
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DIVIDEND YIELD
0.81%
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| K = Thousands M = Millions B = Billions | ||
related news
Midday Glance: Investment Banks companies
AP Digital - 03/11/2010 1:03 PM ET
Early Glance: Investment Banks companies
AP Digital - 03/11/2010 10:49 AM ET
Govt. workers feel no economic pain: Security, wages, benefits beat private sector's [The Washington Times]
The McClatchy Company - 03/11/2010 6:47 AM ET
Chicago Tribune Greg Burns column: CFTC's Gary Gensler wants above-board approach to over-the-counter derivatives [Chicago Tribune]
The McClatchy Company - 03/11/2010 4:55 AM ET
Final Glance: Investment Banks companies
AP Digital - 03/10/2010 6:05 PM ET
Key developments for GOLDMAN SACHS GROUP INC (GS)
Goldman Sachs Files Preliminary Pricing Supplement for 5.00% Series D Medium-Term Notes due March 15, 2019
03/3/2010
Goldman Sachs Group Inc. on March 1, 2010 filed a preliminary pricing supplement related to an offering of an undisclosed amount of its 5.00% series D medium-term notes due March 15, 2019. Interest on the notes is payable March 15 and September 15 of each year, starting September 15. The pricing supplement is related to a prospectus and its accompanying supplement, both dated April 6, 2009, in which Goldman filed to register debt for sale from time to time. Goldman Sachs & Co., Incapital LLC and Citigroup Global Markets Inc. are underwriters for the offering.
Deere Reviews Strategic Options For Wind Energy Business
02/25/2010
Deere & Co. announced that it will review strategic options for its wind energy business and has retained Goldman Sachs Group Inc. as exclusive financial advisor to assist in the initiative. The company stated that no formal decisions have been made and no agreements have been reached concerning the company's long-term investments in wind energy projects that are either operational or in development in several states of the U.S.
Millipore To Evaluate Strategic Alternatives
02/23/2010
Millipore Corporation stated that its Board of Directors is evaluating strategic alternatives to enhance shareholder value, including by pursuing a process with potential bidders to explore a possible merger or sale of the Company. The Company has engaged Goldman Sachs Group Inc. as its financial advisor and Cravath, Swaine & Moore LLP as its legal advisor to assist the Board in its evaluation. Millipore has not set a definitive timetable for completion of its evaluation and there can be no assurances that the process will result in any transaction. The Company does not intend to disclose developments regarding this process unless and until the Board of Directors has approved a specific transaction.
GS Competitors
| Company | Last | Change |
| BNP Paribas | €56.90 EUR | -0.57 |
| Citigroup Inc | $4.18 USD | +0.22 |
| Credit Suisse Group AG | SFr.52.85 CHF | +0.40 |
| Deutsche Bank AG | €52.01 EUR | +0.39 |
| UniCredit SpA | €2.02 EUR | -0.0225 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | GS | Industry Range |
| Price/Earnings | 7.8x |
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| Price/Sales | 2.0x |
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| Price/Book | 1.5x |
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| Price/Cash Flow | 6.2x |
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| TEV/Sales | NM | Not Meaningful |
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GS |
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GS transactions
| Type Date |
Target |
|
Merger/Acquisition
January 7, 2010 |
Coalcorp Mining Inc., La Francia II Concessions |
|
Bankruptcy
November 23, 2009 |
Majestic Star Casino LLC |
|
Private Placement
November 17, 2009 |
UNX LLC |
Goldman Sachs Group Inc. - GS news
Carlyle hires advisers to sell Arinc - source
2010-03-10 04:10:44
Keywords: Financials,Banks (industry group),Fund management and asset allocation,United States of America,Airlines,Air transport,Private equity funds,Mergers and Acquisitions (including Changes of Ownership),Aerospace and defense,Defence,Diplomacy; International Re
Quote: Carlyle hires advisers to sell Arinc - source
* Carlyle hired Goldman Sachs to sell Arinc - source * Sales prospectus not out yet-source * Auction could take a few weeks to start - sourceJui Chakravorty NEW YORK, March 9 (Reuters) - Private equity firm Carlyle
[CYL.UL] has hired Goldman Sachs Group Inc (GS.N) to sell
aerospace and defense company Arinc, a source familiar with the
matter told Reuters. The company has not sent out a sales prospectus to
potential buyers yet, and an auction will li...Read article
Another View: Vice Chancellor Strine Gets It Right
2010-03-10 04:10:43
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: Grossman, attorneys at Jones Day, argue that Delaware has a better legal approach to corporate governance and executive compensation than Washington.
Goldman SachsLloyd C. Blankfeinall-stock bonus of $9 millionJamie Dimon, his counterpart at JPMorgan Chase, received.
The Obama administration and some members of Congress were not impressed.
interview with Bloomberg NewsKenneth R. FeinbergTreasury’s special master for executive compensation, recognized that Goldman Sachs had followed his &#...Read article
Curbing derivatives might hurt, not help, Greece
2010-03-10 04:10:43
Quote: He said the issue would be discussed at the next meeting of the Group of 20 summit of leading and emerging economies in June.Federal ReserveGoldman Sachs and other banks are using credit default swaps and other derivatives. The Securities and Exchange Commission is examining the issue, too.The securities industry says that blaming the products for Greece's problems is akin to shooting the messenger. The price of the swaps reflects merely the perceived risk of buying Greece's debt, it says.A year...Read article
Carlyle Said to Seek Buyers for Arinc
2010-03-10 04:10:42
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: The private equity firm Carlyle Group has hired Goldman Sachs to seek buyers for ArincBloomberg News reports, citing unidentified people with knowledge of the matter.
Arinc may fetch about $1 billion and attract bids from other private equity firms, these people told Bloomberg, asking not to be identified because the plan has not yet been made public.
More from Bloomberg:
Arinc, founded in 1929, helped develop systems used by aircraft to communicate with air-traffic controllers. Owned by six U....Read article
Second Pension Fund Sues Goldman Over Pay
2010-03-10 04:10:42
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 Groupreported.
The International Brotherhood of Electric Workers fund filed the lawsuit in Delaware Chancery Court, seeking to recover money for the company on behalf of other shareholders.
It seeks to stop Goldman from allocating roughly 47 percent of 2009 net revenue as compensation, saying such allocations “vastly overcompensate management and constitute corporate waste.”
The lawsuit also wants the chief executive, Lloyd Blankfein, and others in management rather tha...Read article
In Europe, Calls for Crackdown on Derivatives
2010-03-10 04:10:41
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 had a bright idea for its clients: buy credit-default swaps — those controversial instruments that helped trip up the American International Group — in case certain nations ran into financial trouble.
That advice, contained in a confidential report prepared by the bank last August, turned out to be prescient, Lynnley Browning and Matthew Saltmarsh report in The New York Times. It arrived months before Greece and its staggering debts became the big story in the financi...Read article
Guess Isn't Washed Out
2010-03-09 07:55:44
Keywords: Jeans, Baby Guess, Apparel, Macys
Quote: Forbes Growth Investor subscribers doubled their money in Goldman Sachs. Should you still buy the big bank? Click here for the brand new March issue of Forbes Growth Investor.
Things started looking up during fiscal third quarter. Net sales fell just 1% to $522.8 million. Retail operations actually gained 1.9% to $239.5 million, as a larger store count more than offset a 3.4% decline in same-store sales. Wholesale operations grew 10% to $86.7 million, driven by double-digit growth in Korea and C...Read article
'Fast Money' Recap: Few Investors
2010-03-09 07:55:43
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, David Tong ,Fast Money Recap
Quote: "They want that technical confirmation," he said.Najarian said investors should use the opportunity to get into Goldman SachsGS), which has bounced back and traded above $170 during the session.Adami said it was time to take some profits in FordF)Barrons over the weekend. Najarian, though, said investors can actually buy calls in the stock because the volatility is so cheap.Terranova said Exxon MobilXOM) would be a good stock to get into, with everyone having given up on it. Najarian and Adami t...Read article
Deutsche Bank denies Greek financing questionable
2010-03-08 02:30:13
Quote: Deutsche BankDBKGN.DENews) on Saturday denied a magazine report that its financing of a Greek trade deal seven years ago was "questionable."Deutsche Bank's London branch had organized a "legal, but extremely questionable" transaction in 2003 in an arms deal that was cosmetically favorable for Greek government finances.Deutsche Bank spokesman said, adding that the deal involved normal goods trade financing.CBKG.DENews), on the transaction.It quoted a Eurohypo spokesman as saying that Eurohypo had...Read article
Democrats Voice Health-Bill Doubts
2010-03-08 02:30:12
Quote: Instead, Democrats plan to pass the separate bill under special budget rules that require only a simple majority in the 100-member Senate.
Kathleen Sebelius, secretary of the Department of Health and Human Services, urging action on the legislation in an appearance on NBC's "Meet the Press" on Sunday, cited a new report from Goldman Sachs that says profits for private-sector health insurers are rising and competition is decreasing.
She defended the health-care overhaul's approach towards bringin...Read article
Another Deal Grab Bag: Astellas, CF, Airgas and More
2010-03-08 02:30:11
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: This would be a bit odd for Airgas to use, since its own investment banker, Goldman Sachs, together with JPMorgan Chasespecifically called this type of valuation “inappropriate†in Aramark’s 2006 deal. There, Goldman stated that a discounted future stock price is “[i]nherently academic and subjective with value being created through arbitrage between assumed stock price growth and selected discount rate.â€
Nevertheless, the analysis is particularly helpful when eval...Read article
In Defense of Goldman. Really
2010-03-04 04:50:15
Keywords: Goldman Sachs, Greece debt crisis, Greece bailout, European Union, sovereign debt, Goldman Sachs EU investigation, credit-default swaps, euro zone, EU budget rules loopholes, investment banking, creative accounting, deficit threshold, derivatives market
Quote: ReallyLoopholes in EU rules, not Goldman Sachs, are to blame for Europe's debt troubles
By
Mark Gilbert
GS) role in the financial maneuvering that helped Greece use swaps to postpone the day of economic reckoning past its ascension to euro zone membership. Goldman says, rightly, there was "nothing inappropriate" in the transactions it facilitated.
Most of the elements of a crime are present. There's a victim—trust in the common-currency project. There's a weapon, in the form of...Read article
'Volcker rule' targets all financial institutions
2010-03-04 04:50:15
Keywords: Economy & Politics, GS, Goldman Sachs Group Inc
Quote: Institutions that own commercial banks could still engage in proprietary trading for their customers.Some large financial firms such as Goldman Sachs Group Inc./quotes/comstock/13*!gs/quotes/nls/gs(GS157.72,-1.03,-0.65%) may have considered divesting their commercial-banking units, if Congress had followed the proposal as it originally was introduced in January. That proposal would have required some big banks to divest proprietary-trading banking units if they wanted to continue to operate comm...Read article
Greece Embarks on New Debt Issues
2010-03-04 04:50:14
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: “It is a historic moment for the European Union.â€
The banks leading the five-year debt issue are Credit Suisse, Deutsche Bank, Eurobank, Goldman Sachs, Morgan Stanley, National Bank of Greece.
Those mandated for the ten-year issue are Barclays Capital, HSBC, National Bank of Greece, Nomura and Piraeus Bank.
–Chris V. Nicholson......Read article
Goldman Cut by Bove; Rivals Next?
2010-03-03 06:12:56
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, Dan Freed ,Banks
Quote: NEW YORK (TheStreet) -- Rochdale Securities analyst Richard Bove cut his 2010 estimates on Goldman Sachs (GS Quote), following through on comments he made to TheStreet.com a week ago.Bove had told TheStreet.com he had heard from bank executives trading was weak in January due to the threat Greece would default on its debt, saying if things did not turn around in a week's time he would cut estimates on Goldman, Morgan Stanley (MS Quote), Citigroup (C Quote) and Bank of America (BAC Quote). In a ...Read article
GMAC's Chief Gets Payout Comparable to Blankfein's
2010-03-03 06:12:55
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: Blankfein, the chief executive at the highly profitable Goldman SachsBloomberg News reports.
10-K financial statementpaid Mr. Blankfein $9.6 million for 2009, consisting of a $600,000 salary and a bonus of restricted stock valued at $9 million.
Securities and Exchange CommissionTreasury’s special master for executive compensation had approved Mr. Carpenter’s total annual compensation of $9.5 million in December, consisting of an annual salary of $950,000 and restricted stock of $8.55...Read article
UPDATE - US monitoring banks' sovereign risk exposures-Dugan
2010-03-02 01:44:20
Keywords: United States of America,Greece,Western Europe,Europe,Washington / US Government News,Regulation and enforcement,Financials,Financial service providers,Banks (industry group),Debt,Loans,Domestic Politics,Banking services,Info from/about fiscal/monetary po
Quote: Last week Federal Reserve Chairman Ben Bernanke said U.S.
regulators are probing how Wall Street firms like Goldman Sachs
(GS.N) helped Greece arrange derivatives deals that critics say
were used to disguise the size of its budget deficits. Dugan declined to comment about how any specific
institutions "may be reacting" to sovereign debt issues. Regarding regulatory reform, Dugan said that banks will
likely change their business models to focus less on risky
trading, even if Congress does not tak...Read article
[$$] Goldman Lists New 'Risk': Bad Press
2010-03-02 01:44:18
Quote: BY JOE BEL BRUNOGoldman Sachs Group Inc. added something new to the laundry list of financial risks it faces: unflattering attention. In its annual report, the New York company said "adverse publicity" could have "a negative impact on our reputation and on the morale and performance of our employees, which could adversely affect our businesses and results of operations." The unusual disclosure in a 12-page section of "risk factors" ranging from rocky financial markets to natural disasters is t...Read article
For Buyout Kingpins, the TXU Utility Deal Gets Tricky
2010-03-02 01:44:18
Keywords: TXU Corp,Mergers Acquisitions and Divestitures,Texas Pacific Group,Goldman Sachs Group,Kohlberg Kravis Roberts & Co,Kravis Henry R,Texas,Energy and Power,Electric Light and Power,Banks and Banking,Private Equity
Quote: The TXU deal was Texas-sized in every way: valued at $48 billion, it was the largest private equity deal in history, and it involved the country’s fifth-largest energy concern — one that served about two million customers.Goldman Sachs, orchestrated the deal. To push it through, the deal makers pulled out all the stops. They courted environmental groups, heavily lobbied the Texas Legislature and tempted banks with the prospect of hundreds of millions of dollars in fees.natural gas pri...Read article
David Weidner's Writing on the Wall: How Obamacare is killing financial reform
2010-03-02 01:44:16
Keywords: Commentary, JPM, JPMorgan Chase & Co, C, Citigroup Inc, GS, Goldman Sachs Group Inc, AIG, American Intl Group Inc, AXP, American Express Co, WFC, Wells Fargo & Co, GE, General Electric Co, BBT, BB&T Corp
Quote: Morgan Chase & Co./quotes/comstock/13*!jpm/quotes/nls/jpm(JPM41.83,-0.14,-0.33%), Citigroup Inc./quotes/comstock/13*!c/quotes/nls/c(C3.39,-0.01,-0.29%) and Goldman Sachs Group Inc./quotes/comstock/13*!gs/quotes/nls/gs(GS156.54,+0.19,+0.12%)See story on Summers' Wall Street compensation.The wrong peopleRead Summers' 1998 testimony.And he was right; Societe Generale and Summers' pals over at Goldman Sachs got a nice return on their investments.It's important to note that while Summers hasn't r...Read article