New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 17, 2014
07:48 EDTGSGoldman Sachs CEO Blankfein says 'generally pleased' with Q1 performance
Goldman Sachs Chairman and CEO Lloyd Blankfein said, “We are generally pleased with our performance for the quarter given the operating environment. Investment Banking and Investment Management generated solid results, while market sentiment shifted throughout the quarter, constraining client activity in various parts of our franchise. Our collection of businesses gives the firm significant room for growth as economic conditions broadly improve and we continue to remain focused on prudently managing our capital and cost structure.” Net revenues in Investment Banking were $1.78B, 13% higher than the first quarter of the prior year. Net revenues in Institutional Client Services were $4.45B, 13% lower than the first quarter of the prior year. Net revenues in Investing & Lending were $1.53B, 26% lower. Net revenues in Investment Management were $1.57B, 20% higher than the first quarter of 2013.
News For GS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
July 1, 2015
07:57 EDTGSU.S. banks not facing significant direct losses on Greek default, WSJ says
Subscribe for More Information
June 30, 2015
12:33 EDTGSGoldman Sachs charged by SEC for violating market access rule
Subscribe for More Information
June 28, 2015
16:42 EDTGSGoldman Sachs will look to other countries if Britain leaves EU, Reuters says
Subscribe for More Information
June 25, 2015
07:56 EDTGSMLB Advanced media considering IPO, NY Post reports
Subscribe for More Information
07:13 EDTGSFed director says full transparency in stress testing can be 'enormous weakness'
Subscribe for More Information
June 24, 2015
10:00 EDTGSOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Autoliv (ALV) downgraded to Sell from Neutral at Goldman... Catamaran (CTRX) downgraded to Neutral from Buy at UBS... Citi (C) downgraded to Hold from Buy at Deutsche Bank... Esperion (ESPR) downgraded to Neutral from Outperform at Credit Suisse... Fortinet (FTNT) downgraded to Neutral from Buy at Citi... General Motors (GM) downgraded to Neutral from Buy at Goldman... Goldman Sachs (GS) downgraded to Hold from Buy at Deutsche Bank... IBERIABANK (IBKC) downgraded to Neutral from Outperform at Baird... Independent Bank (INDB) downgraded to Underperform from Neutral at Baird... Inphi (IPHI) downgraded to Market Perform from Outperform at Northland... MoneyGram (MGI) downgraded to Neutral from Outperform at Macquarie... Sensata (ST) downgraded to Hold from Buy at Cross Research... Teradyne (TER) downgraded to Buy from Conviction Buy at Goldman... Alcobra (ADHD) downgraded to Hold from Speculative Buy at WBB Securities.
06:37 EDTGSDeutsche downgrades Citi, Goldman after share rallies
Deutsche Bank analyst Matt O'Connor recommends using the strong share performance of both Citi (C) and Goldman Sachs (GS) as on opportunity to take profits. The analyst this morning downgraded shares of both investment banks to Hold from Buy. Citi is up 21% from the lows on January 30 while Goldman is up 30% since July 1, 2014, the analyst points out. On Citi, O'Connor sees less near term upside with fixed income trading entering a seasonally weak period and core cost reductions largely over. On Goldman, the analyst sees a lack of catalysts to drive the stock meaningfully higher in the near term. His top picks among U.S. Banks are Bank of America (BAC), JPMorgan (JPM), M&T Bank (MTB) and SunTrust (STI).
06:27 EDTGSGoldman Sachs downgraded to Hold from Buy at Deutsche Bank
Subscribe for More Information
June 23, 2015
06:53 EDTGSPSAV prepares for IPO that could raise roughly $300M, Bloomberg says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use