Tag Archives: Goldman Sachs Group Inc.

U.S. Stock Futures Decline Amid Greece Concern

January 30, 2012

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U.S. stock futures fell, indicating the Standard & Poor’s 500 Index will decline for a third day, amid concern about Europe’s debt crisis as Greece signaled opposition to economic oversight in exchange for aid. Bank of America Corp. decreased 2.2 percent after Goldman Sachs Group Inc. reduced its recommendation for the Charlotte, North, Carolina-based lender. [...]

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Payroll Gain Probably Failed to Cut U.S. Unemployment as Confidence Waned

October 7, 2011

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A projected gain in U.S. payrolls in September was probably too small to bring down the unemployment rate as concern mounted that the global recovery was losing momentum, economists said before a report today. Employment climbed by 55,000 workers after no change in August, according to the median forecast of 91 economists surveyed by Bloomberg [...]

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European Stocks Decline, Trimming Weekly Rally

July 1, 2011

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European stocks declined, trimming for the biggest weekly rally in three months for the benchmark Stoxx Europe 600 Index. Asian shares advanced and U.S. index futures fell. Vestas Wind Systems A/S surged 5.4 percent after EDF Energies Nouvelles SA agreed to use its turbines for at least half of its land-based wind farms in Europe [...]

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European Stocks Fall for Fourth Day

June 6, 2011

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European stocks retreated for a fourth day, the longest losing streak in almost three weeks, amid growing concern the economy is weakening. Asian shares declined while U.S. index futures were little changed. Air France-KLM (AF) Group and Deutsche Lufthansa AG (LHA), Europe’s biggest airlines, declined after a trade group cut the industry’s profit forecast for [...]

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Wall Street Partying in Davos as Bankers Overcome Crisis

January 25, 2011

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As Wall Street chief executive officers flock to the World Economic Forum, they’ll be breathing a sigh of relief along with the Swiss mountain air: There are no panels on compensation or redesigning financial regulation. After spending much of last year’s meeting defending the industry and debating proposed rules, bankers plan to focus on wooing [...]

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Buffett Locks In Rates on New Bonds Amid Rising Yields

January 4, 2011

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Warren Buffett’s Berkshire Hathaway Inc. sold $1.5 billion of mostly fixed-rate debt to retire floating-rate notes at a time when government bond yields are rising and the U.S. is showing signs of economic improvement. A unit of Buffett’s Omaha, Nebraska-based holding company issued $750 million of 4.25 percent, 10-year notes yesterday priced to yield 95 [...]

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China Stocks, Bonds May Drop Little as Rate Increase Follows Cash Squeeze

December 27, 2010

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China’s second interest-rate increase since mid-October may have limited impact on stocks and bonds because the central bank’s stricter controls on lending have already roiled markets. “I don’t see a big slump in the market, because the recent decline has more or less priced in the rate increase,” said Zhao Zifeng, who helps oversee about [...]

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U.S. Stocks Rise, Erasing Decline Since Lehman Brothers Failure

December 21, 2010

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U.S. stocks rose, completing the Standard & Poor’s 500 Index’s recovery from the plunge that followed Lehman Brothers Holdings Inc.’s collapse in 2008, after Adobe Systems Inc.’s forecast added to speculation that the fastest profit growth in 22 years makes equities a bargain. The benchmark measure of U.S. stocks reached 1,251.9, surpassing its closing level [...]

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European Investment Banking Fees Shrivel Amid Sovereign Crisis

December 21, 2010

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Investment banking fees in Europe shrank to the lowest in six years in 2010 as companies aborted fundraisings and takeovers during the sovereign-debt crisis. Income from arranging mergers, stock, bond and loan sales in Europe, the Middle East and Africa dropped about 10 percent from 2009 to $21.9 billion, estimates by New York-based research firm [...]

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