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Goldman Sachs Group, Inc.

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Top Goldman Sachs Group, Inc. Articles

Displaying items 23-33
  • S&P cuts SeaWorld credit rating amid orca controversy

    S&P cuts SeaWorld credit rating amid orca controversy
    Standard & Poor's lowered SeaWorld Entertainment's credit rating Thursday amid negative publicity over its treatment of killer whales. The move by the Wall Street rating company came one day after SeaWorld reported lower-than-expected earnings for the...
  • Alibaba film unit says found possible accounting irregularities; halts shares

    Alibaba film unit says found possible accounting irregularities; halts shares
    HONG KONG (Reuters) - A media firm Alibaba Group Holding Ltd recently bought said on Friday a review of its finances revealed possible accounting irregularities, casting doubts on the Chinese e-commerce giant's due diligence as it prepares for a U.S....
  • Online home-furnishings retailer Wayfair files for $350 million IPO

    Online home-furnishings retailer Wayfair Inc is seeking to raise $350 million in an initial public offering of its Class A common stock, the company said in a regulatory filing on Friday. The Boston-based company owns brands such as online flash sales...
  • The day ahead in business

    The day ahead in business
    Reports: Factory orders and inventories for June, non-manufacturing ISM for July, Markit PMI-Services for July, ICSC-Goldman Sachs and Redbook retail chain sales for period ending Aug. 2 Local earnings: Akorn Inc., Archer Daniels Midland Co., Great Lakes...
  • Smithfield Foods parent company's stock surges after Hong Kong IPO

    Smithfield Foods parent company's stock surges after Hong Kong IPO
    WH Group Ltd., the world's biggest pork company and owner of Smithfield Foods, surged 7 percent in its Hong Kong trading debut on Tuesday after sharply scaling back valuations in its second attempt at an initial public offering. While WH Group's $2.1...
  • Severe consequences for UK if Scotland leaves: Goldman

    LONDON (Reuters) - A Scottish vote for independence from the United Kingdom this month could have serious consequences for the Scottish and UK economies, Goldman Sachs said in a research note on Wednesday. Goldman Sachs economist Kevin Daly said that...
  • Brazil keeps interest rates steady ahead of election

    BRASILIA (Reuters) - Brazil held interest rates steady for a third straight time on Wednesday, signaling it is in no rush to help an economy that fell into recession just weeks before a heated presidential election. The central bank's monetary policy...
  • Insider traders in U.S. face longer prison terms, Reuters analysis shows

    NEW YORK (Reuters) - U.S. judges are imposing increasingly long prison terms for insider trading, a Reuters analysis shows. The rise is at least partly driven by the bigger profits being earned through the illegal schemes, defense lawyers said. The trend...
  • Goldman cuts price target on Bombardier; sees further CSeries delay

    TORONTO (Reuters) - Goldman Sachs cut its price target on Bombardier Inc and reiterated a "sell" rating on shares of the train and plane maker on Tuesday, warning it expected the CSeries aircraft's entry into service to be delayed again. Goldman's price...
  • Investors expect banks to raise $67.02 billion after ECB tests: survey

    London (Reuters) - The European Central Bank's landmark review of euro-zone banks will have to ask lenders to raise an additional 51 billion euros ($67.02 billion) to be credible with markets, a Goldman Sachs survey of large institutional investors has...
  • Eric Cantor latest politician to move to Wall Street

    Former House Majority Leader Eric Cantor became the latest politician to move to Wall Street, taking a high-paying job at investment bank Moelis & Co. and boosting the profile of the boutique firm founded in Century City. Cantor, 51, who resigned last...