British engineer Babcock (BAB.L) cut its full-year revenue growth target as delays in government spending on submarines hit its Marine division, sending its shares down more than 10 percent.
News of Solomon’s appointment came on the same day Goldman reported second-quarter results, which showed a 44 percent profit rise.
Goldman Sachs Group Inc reported a better-than-expected quarterly profit on Tuesday, driven by growth in bond trading and investment banking.
Goldman said it expects Brent to retest $80 per barrel, although this may occur only late this year depending on US oil policies.
Goldman Sachs Group Inc (GS.N) is expected to name David Solomon as its next chief executive officer early this week, the New York Times reported here.
Investment bank Goldman Sachs, the world’s top cablemaker Prysmian, Nexans and eight other cable companies lost their challenge against a 302 million euros EU cartel fine.
British online supermarket Ocado warned its pretax loss this year would likely be larger than market expectations due to a step up in investment and management bonuses.
Wireless speaker company Sonos Inc filed for an initial public offering on Friday, riding on the back of increasing popularity of streaming music though smartphone apps on connected audio systems.
Goldman Sachs Commodities Research said it remains bullish on commodities and views the current weakness in the complex as a buying opportunity.
Britain’s Supreme Court dismissed on Wednesday an appeal by Goldman Sachs for compensation from Portugal’s Novo Banco over a $835 billion loan to Novo Banco’s bankrupt predecessor, Banco Espirito Santo (BES), which was carved up by the state in 2014.