goldman sachs


Babcock shares dive as slower submarine spending weighs

Jul 19 2018

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.

Next Goldman CEO to take on old problems, new businesses

Jul 18 2018

News of Solomon’s appointment came on the same day Goldman reported second-quarter results, which showed a 44 percent profit rise.

Goldman Sachs beats on strength in bond trading, investment banking

Jul 17 2018

Goldman Sachs Group Inc reported a better-than-expected quarterly profit on Tuesday, driven by growth in bond trading and investment banking.

Goldman Sachs expects volatile oil market, prices between $70 and $80 per barrel

Jul 17 2018

Goldman said it expects Brent to retest $80 per barrel, although this may occur only late this year depending on US oil policies.

Goldman to name David Solomon as CEO early this week: NYT

Jul 16 2018

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.

Goldman Sachs, Prysmian, others lose challenge against 302 million euros EU cartel fine

Jul 12 2018

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.

Ocado warns of bigger 2018 loss on investment, bonuses

Jul 10 2018

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 maker Sonos files for IPO

Jul 06 2018

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 says maintains bullish view on commodities

Jul 05 2018

Goldman Sachs Commodities Research said it remains bullish on commodities and views the current weakness in the complex as a buying opportunity.

British Supreme Court rejects Goldman Sachs appeal vs Novo Banco

Jul 04 2018

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.

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