All Posts Tagged With: "Goldman Sachs"

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Goldman Sachs (NYSE:GS) In Long-Term Horizon to Repair its Reputation

It took many years for it to happen, but the collapse of the banking system and resultant recession provided the environment for pent up anger and endless negative press coverage to take its toll on Goldman Sachs (NYSE:GS).
And while there are those continuing to snip at the legs of the financial giant, a slight breather [...]

March 15th, 2010 | Gary | Comments | Continued
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Investors Continue to be Bullish on Goldman Sachs (NYSE:GS)

The populist uprising against Goldman Sachs (NYSE:GS) has done little to deter the bullish attitude of investors toward the company, and they continue to pour money into the financial institution, as confidence they’ll continue to excel is strong.
This is one important thing to keep in mind for investors and those watching the media circus surrounding [...]

March 12th, 2010 | Gary | Comments | Continued
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Goldman Sachs (NYSE:GS) Attempting to Stop Shaw Communications (TSE:SJRb) from Acquiring Canwest TV Unit

Saying in a filing to a Canadian appeals court, Goldman Sachs (NYSE:GS) said that the lower court in their decision to allow the acquisition of the Canwest TV Unit by Shaw Communications (TSE:SJRb) “utterly failed in its duty to ensure that basic principles of fair play and procedural due process.”
Goldman Sachs is asking the court [...]

March 10th, 2010 | Gary | Comments | Continued
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Union Pension Fund Sues Goldman Sachs (NYSE:GS)

The pension fund of the International Brotherhood of Electric Workers has sued Goldman Sachs (NYSE:GS), claiming the company paid their executives too much money, and are seeking to recover some of it for their shareholders.
This isn’t the first time Goldman has been sued in regard to pay, as a suit close to the same type [...]

March 9th, 2010 | Gary | Comments | Continued
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U.S. Steel (NYSE:X) Up On Goldman Sachs (NYSE:GS) Upgrade

After Goldman Sachs (NYSE:GS) analyst Sal Tharani upgraded U.S. Steel (NYSE:X) from “neutral” to a “buy,” U.S. steel surged 2 percent quickly reach over $60 a share.
Along with the upgrade, Tharani increased the price target for shares in the company significantly, raising them from $55 to $70.
The reasoning behind the upgrade was the recent increase [...]

March 8th, 2010 | Gary | Comments | Continued
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Goldman Sachs (NYSE:GS): Chile Earthquake to Dampen 2010 GDP Growth

The devastation from the earthquake in Chile will cause economic expectations in the country to be revamped as it attempts to pull out of the global recession in 2010, said Goldman Sachs (NYSE:GS).
This isn’t what the new conservative government needed, as it was put into office based on cutting back on excessive government stimulus programs [...]

March 1st, 2010 | Gary | Comments | Continued
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Goldman Sachs (NYSE:GS) Questioned on Build America Bonds Underwriting Fees

Goldman Sachs (NYSE:GS) has come under fire concerning another issue as Senator Charles E. Grassley, the senior Republican on the Finance Committee, asked in a letter to Chief Executive Lloyd C. Blankfein about the underwriting fees associated with the Build America Bonds, which were supposedly created for the purpose of creating jobs primarily through projects [...]

February 26th, 2010 | Gary | Comments | Continued
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Goldman Sachs (NYSE:GS) Fighting Shaw Communications (NYSE: SJR) over 2007 Shareholders Agreement

The bankruptcy of Canwest Global Communications Corp. left Goldman Sachs (NYSE:GS) with little control over its ownership agreement with the company concerning 13 Canadian cable channels after Shaw Communications (NYSE: SJR) was given approval by a Canadian coutrt to take over the Canwest.
Although Shaw was awarded control, it won’t become a operational reality until Canwest [...]

February 23rd, 2010 | Gary | Comments | Continued
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Goldman Sachs (NYSE:GS) Has Contrary View on Federal Reserve Priorities

There are two major priorities the Federal Reserve is facing, and how they enact deal with them will have a lot of impact on business and consumers. Goldman Sachs (NYSE:GS) has the view that the Fed will increase interest rates rather than unload assets off its balance sheet.
This is contrary to most economists, who believe [...]

February 15th, 2010 | Gary | Comments | Continued
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Goldman Sachs (NYSE:GS) CFO David Viniar: Don’t Expect Compensation Cuts in 2010!

Goldman Sachs (NYSE:GS) Chief Financial Officer David Viniar said at a conference that in 2010 they will resume paying their employees by performance and not cut bonuses as they did in 2009.
He was of course referring to the so-called public outrage over what executives were being paid after being bailed out using taxpayer dollars via [...]

February 11th, 2010 | Gary | Comments | Continued
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Goldman Sachs (NYSE:GS) Resumes Citigroup (NYSE:C) Coverage with Neutral Rating

On the resumption of their coverage of Citigroup (NYSE:C), Goldman Sachs (NYSE:GS) gave them a neutral rating, as growth in revenues and profit over the next year won’t be that impressive.
Citigroup is primarily on the defensive for now, solidifying its foundation and building up capital reserves, which are now over 10% of its balance sheet in [...]

February 11th, 2010 | Gary | Comments | Continued