6:42am ET
Investing
Sorting Out MF Global
The actions of MF Global CEO Jon Corzine finally may have caught up to him. The former chief of Goldman Sachs (NYSE: GS) may be taken to court by the trustee charged…
Douglas A. McIntyre
Companies
/Financial Services
Goldman Sachs Group Inc
$1,038.99
▼ $1.48 (−0.14%) today
Markets open · 4:11pm ET
GS Coverage
Page 70 Douglas A. McIntyre 6:44am ET
Investing
Politicians Go to These Companies to Get Rich
The appointment of former politicians to large public companies’ boards is regularly called into question. Just recently, following the scandal at Chesapeake Energy (NYSE: CHK) when CEO Aubrey McClendon made investments in…
6:15am ET
Media
Media Digest (5/25/2012) Reuters, WSJ, NYT, FT, Bloomberg
Four market markers involved in the Facebook (NASDAQ: FB) IPO lose $100 million combined. (Reuters) EU concerns push the euro to close to a two-year low. (Reuters) Goldman Sachs (NYSE: GS) will…
6:29am ET
Investing
What’s Important in the Financial World (5/24/2012) Costco Earnings, Oil Below $90
Oil has hit an extraordinarily low price, below $90 a barrel for WTI crude. That is the lowest level since October. It shows no inclination to spike back up. PMI data from Europe and China actually…
6:20am ET
Investing
Who Knew What, When About Facebook?
courtesy Facebook Inc.The debate over whether some large investors were warned about a revenue downgrade of Facebook (NASDAQ: FB) continues. Several media have carried stories about Morgan Stanley (NYSE: MS) and Goldman…
6:43am ET
Investing
What’s Important in the Financial World (5/23/2012) China GDP Trouble, Fiat’s New Car
The World Bank’s new “East Asia and Pacific Economic Update” forecasts that China’s GDP growth will only be 8.2% in 2012, which is a substantial come down for a nation that has grown…
6:27am ET
Investing
Facebook Death Watch: Investigations Mount
The Facebook (NASDAQ: FB) IPO mess has worsened considerably in just 24 hours. The federal government will examine why analysts at Goldman Sachs (NYSE: GS) and Morgan Stanley (NYSE: MS) lowered their…
11:48am ET
Investing
Facebook Deathwatch: Who Knew What, and When? (FB, MS, JPM, GS)
courtesy Facebook Inc.Facebook Inc. (NASDAQ: FB) shares are ticking back up as we approach noon today. Nearly 56 million shares have traded hands so far this morning, making it today’s second most…
8:35am ET
Investing
Top Analyst Upgrades & Downgrades (AVP, BAC, BBY, BA, DCI, FB, GS, HLF, KIRK, MS, MYGN, NUAN, PBR, RHI, ROST, SWY, SPLK, TJX, ZBRA)
These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Monday. Avon Products Inc. (NYSE: AVP) Cut to Sell at UBS. Bank of America…
6:41am ET
Investing
What’s Important in the Financial World (5/21/2012) Rajat K. Gupta’s Trial, Gas Prices Down
The latest NABE Outlook Survey shows improved expectations for the economy. The data are based on the consensus of macroeconomic forecasts from a panel of 54 professional forecasters and they cover the outlook for…
Douglas A. McIntyre 6:31am ET
Media
Media Digest (5/21/2012) Reuters, WSJ, Financial Times
Alibaba buys back a 20% share held by Yahoo! (NASDAQ: YHOO) for a combination of cash and preferred shares worth $7.1 billion. (Reuters) The heads of Samsung and Apple (NASDAQ: AAPL) will discuss…
6:30am ET
Investing
Gupta Goes On Trial For Trading
Rajat K. Gupta, a former head of McKinsey & Co, and director of Goldman Sachs (NYSE: GS) will go on trial for insider trading. He will sit in Federal District Court today…
Douglas A. McIntyre 7:26am ET
Banking, finance, and taxes
Facebook Funds/Owners Now Have To Fend For Themselves (FB, GSVC, SVVC, SOCL, ZNGA, MSFT, GS, TTII)
Finally we are going to get stop hearing about the IPO of Facebook, Inc. (NASDAQ: FB). This is the largest IPO of its kind ever and appears to be the third largest…
6:25am ET
Banking, finance, and taxes
Jamie Dimon’s Useless Congressional Appearance
The Senate Banking Committee soon will examine and cross-examine JP Morgan (NYSE: JPM) CEO Jamie Dimon. It will be a chance for politicians to say how irresponsible large financial firms are, how they trade for…
6:24am ET
Media
Media Digest (5/17/2012) Reuters, WSJ, NYT, FT
The European Central Bank no longer offers help to Greek banks it believes are insolvent. (Reuters) Some brokerage firms stop taking orders for Facebook shares. (Reuters) Japan’s gross domestic product rises 3.5%…