Goldman Sachs Group (GS) 175.47 $GS
Goldman in deal worth $1.2B over US bond claims
By MARCY GORDON - AP - Fri Aug 22, 10:34PM CDT
WASHINGTON (AP) — Goldman Sachs has agreed to a settlement worth $1.2 billion to resolve claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed in 2007.
Goldman Sachs
at Investor's Business Daily - Fri Aug 22, 5:44PM CDT
Goldman Sachs (GS) will spend $3.15 bil repurchasing residential mortgage-backed securities to resolve federal claims on their sale to Fannie Mae and Freddie Mac. Shares rose 0.2% to 175.47.
Goldman Sachs Announces Agreements with FHFA
Business Wire - Fri Aug 22, 4:15PM CDT
The Goldman Sachs Group, Inc. (NYSE:GS) today announced that Goldman, Sachs & Co. (Goldman) has reached agreements with the Federal Housing Finance Agency (FHFA) (as conservator for Fannie Mae and Freddie Mac) to resolve all federal and state securities law claims brought by FHFA with respect to residential mortgage-backed securities (RMBS) purchased by Fannie Mae and Freddie Mac over the 2005-2007 period.
BofA Reaches $17B Mortgage Settlement, Q3 EPS to Take Hit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 22, 3:02PM CDT
Ending months of speculations, Bank of America (BAC) has finally reached a $16.65 billion-worth settlement. Nonetheless, BofA expects the settlement to lower third-quarter 2014 earnings by 43 cents per share.
Dow 30 Stock Roundup: Home Depot Beats, Wal-Mart Earnings Drop Y/Y - Analyst Blog
Swarup Gupta - Zacks Investment Research - Fri Aug 22, 1:27PM CDT
The Dow had an excellent week, driven upward primarily by positive economic data.
Dow Today: Goldman Sachs Group (GS) Higher
at The Street - Fri Aug 22, 10:00AM CDT
The Dow component leading the way higher looks to be Goldman Sachs Group (NYSE:GS), which is sporting a $1.57 gain (+0.9%) bringing the stock to $176.72.
Intel, Home Depot, Microsoft Lead DJIA During Earnings Season
at The Street - Fri Aug 22, 8:00AM CDT
On Thursday, Home Depot became the last Dow component to report quarterly results. Here's how the 30 stocks in the DJIA fared during earnings season.
Banks Offer 20-25% Pay Hike to Retain Junior Bankers - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Aug 21, 6:10PM CDT
In order to prevent defections and retain talent, Wall Street biggies are planning to hike the salary for their junior staff in the range of 20-25%.
Goldman, Goldentree, Avenue Capital Take Over 144 UK Hotels - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Aug 21, 10:10AM CDT
The Goldman Sachs Group, Inc. (GS), Goldentree Asset Management LP and Avenue Capital Group LLC are set to jointly acquire 144 U.K. hotels that are already leased to their previously acquired company Travelodge Hotels Ltd - one of U.K.'s biggest budget hotel chains
Wells Fargo to Raise Asset-Management Business to $1 Trillion - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Aug 21, 10:00AM CDT
To combat the decreasing revenue pressure, Wells Fargo & Company (WFC), the fourth-largest U.S. bank by assets is targeting the asset management industry to augment revenues, Wall Street Journal reported.
Goldman Halts Efforts to End $1B Libya Fund Lawsuit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Aug 20, 5:26PM CDT
The Goldman Sachs Group, Inc. (GS) stopped its attempt to dispose a $1billion lawsuit filed by the Libyan Investment Authority (LIA), a sovereign wealth fund at London's High Court.
'Wrap Fee' Accounts of Financial Advisors Under SEC Review - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Aug 20, 5:15PM CDT
'Wrap fee' accounts of the investment advisory and brokerage firms have recently come under the scanner of the U.S. Securities and Exchange Commission (SEC).
Investment Bank Stock Showdown: Morgan Stanley or Goldman Sachs? - Stocks in the News
Zacks Research Staff - Zacks Investment Research - Wed Aug 20, 11:37AM CDT
Taking a closer look at Morgan Stanley vs. Goldman Sachs, which is the better investment?
Banks' Living Wills No More Includes Discount Lending Window - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Aug 20, 11:00AM CDT
The news that the Fed's discount lending window (that offers reliable source of funding to banks in case of liquidity crunch) can no more be a part of their 'Living Will' assumptions, came as a blow to the major global banks.
Upcoming Earnings, Opening of a New Lounge, Appointments, Survey Results and Updates on Discussions - Research Reports on Visa, Goldman Sachs, American Express, AvalonBay and Zillow
PR Newswire - Wed Aug 20, 8:00AM CDT
Today, Analysts Review released its research reports regarding Visa Inc. (NYSE: V), The Goldman Sachs Group Inc (NYSE: GS), American Express Company (NYSE: AXP), AvalonBay Communities Inc. (NYSE: AVB) and Zillow Inc. (NASDAQ: Z). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5853-100free.
Dow Today: Chevron (CVX) Leads The Day Higher, Goldman Sachs Group (GS) Lags
at The Street - Tue Aug 19, 3:30PM CDT
The Dow component that led the way higher today was Chevron (NYSE:CVX), which sported a $1.33 gain (+1.1%) bringing the stock to $127.63. Holding the Dow back today was Goldman Sachs Group (NYSE:GS), which lagged the broader Dow index with a 59-cent...
Sycamore Shops Stuart Weitzman
at The Street - Tue Aug 19, 10:26AM CDT
Taps Goldman and Citigroup to run auction for the upscale footwear retailer it acquired in its $2.2 billion deal for Jones Group.
Clinton's Wild Idea for Bank Fines Makes Perfect Sense
at The Street - Tue Aug 19, 6:30AM CDT
Former President Clinton's proposal to spend money from bank fines on infrastructure has been widely ignored. But it may help Americans feel the fines are serving a real purpose.
Steel, Airline Stocks Lead As Nasdaq Hits High
at Investor's Business Daily - Mon Aug 18, 3:32PM CDT
Stocks advanced confidently Monday as the Nasdaq struck a new 52-week high and the S&P 500 retook its 50-day moving average. The Nasdaq strode more than 0.9% higher, while the S&P 500 added almost 0.9%. The Dow Jones industrial average led with a...
Blackstone, TPG in Talks to Buy Mortgage-Lender Kensinton - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 18, 3:10PM CDT
Negotiations have advanced between Blackstone and TPG Capital, regarding the purchase of U.K.'s sub-prime mortgage lender, Kensinton, from its South African parent company, Investec. The news was first reported by Sky News.
Goldman in deal worth $1.2B over US bond claims
By MARCY GORDON - AP - Fri Aug 22, 10:34PM CDT
WASHINGTON (AP) — Goldman Sachs has agreed to a settlement worth $1.2 billion to resolve claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed in 2007.
Goldman Sachs
at Investor's Business Daily - Fri Aug 22, 5:44PM CDT
Goldman Sachs (GS) will spend $3.15 bil repurchasing residential mortgage-backed securities to resolve federal claims on their sale to Fannie Mae and Freddie Mac. Shares rose 0.2% to 175.47.
Goldman Sachs Announces Agreements with FHFA
Business Wire - Fri Aug 22, 4:15PM CDT
The Goldman Sachs Group, Inc. (NYSE:GS) today announced that Goldman, Sachs & Co. (Goldman) has reached agreements with the Federal Housing Finance Agency (FHFA) (as conservator for Fannie Mae and Freddie Mac) to resolve all federal and state securities law claims brought by FHFA with respect to residential mortgage-backed securities (RMBS) purchased by Fannie Mae and Freddie Mac over the 2005-2007 period.
BofA Reaches $17B Mortgage Settlement, Q3 EPS to Take Hit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 22, 3:02PM CDT
Ending months of speculations, Bank of America (BAC) has finally reached a $16.65 billion-worth settlement. Nonetheless, BofA expects the settlement to lower third-quarter 2014 earnings by 43 cents per share.
Dow 30 Stock Roundup: Home Depot Beats, Wal-Mart Earnings Drop Y/Y - Analyst Blog
Swarup Gupta - Zacks Investment Research - Fri Aug 22, 1:27PM CDT
The Dow had an excellent week, driven upward primarily by positive economic data.
Dow Today: Goldman Sachs Group (GS) Higher
at The Street - Fri Aug 22, 10:00AM CDT
The Dow component leading the way higher looks to be Goldman Sachs Group (NYSE:GS), which is sporting a $1.57 gain (+0.9%) bringing the stock to $176.72.
Intel, Home Depot, Microsoft Lead DJIA During Earnings Season
at The Street - Fri Aug 22, 8:00AM CDT
On Thursday, Home Depot became the last Dow component to report quarterly results. Here's how the 30 stocks in the DJIA fared during earnings season.
Banks Offer 20-25% Pay Hike to Retain Junior Bankers - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Aug 21, 6:10PM CDT
In order to prevent defections and retain talent, Wall Street biggies are planning to hike the salary for their junior staff in the range of 20-25%.
Goldman, Goldentree, Avenue Capital Take Over 144 UK Hotels - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Aug 21, 10:10AM CDT
The Goldman Sachs Group, Inc. (GS), Goldentree Asset Management LP and Avenue Capital Group LLC are set to jointly acquire 144 U.K. hotels that are already leased to their previously acquired company Travelodge Hotels Ltd - one of U.K.'s biggest budget hotel chains
Wells Fargo to Raise Asset-Management Business to $1 Trillion - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Aug 21, 10:00AM CDT
To combat the decreasing revenue pressure, Wells Fargo & Company (WFC), the fourth-largest U.S. bank by assets is targeting the asset management industry to augment revenues, Wall Street Journal reported.
Goldman Halts Efforts to End $1B Libya Fund Lawsuit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Aug 20, 5:26PM CDT
The Goldman Sachs Group, Inc. (GS) stopped its attempt to dispose a $1billion lawsuit filed by the Libyan Investment Authority (LIA), a sovereign wealth fund at London's High Court.
'Wrap Fee' Accounts of Financial Advisors Under SEC Review - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Aug 20, 5:15PM CDT
'Wrap fee' accounts of the investment advisory and brokerage firms have recently come under the scanner of the U.S. Securities and Exchange Commission (SEC).
Investment Bank Stock Showdown: Morgan Stanley or Goldman Sachs? - Stocks in the News
Zacks Research Staff - Zacks Investment Research - Wed Aug 20, 11:37AM CDT
Taking a closer look at Morgan Stanley vs. Goldman Sachs, which is the better investment?
Banks' Living Wills No More Includes Discount Lending Window - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Aug 20, 11:00AM CDT
The news that the Fed's discount lending window (that offers reliable source of funding to banks in case of liquidity crunch) can no more be a part of their 'Living Will' assumptions, came as a blow to the major global banks.
Upcoming Earnings, Opening of a New Lounge, Appointments, Survey Results and Updates on Discussions - Research Reports on Visa, Goldman Sachs, American Express, AvalonBay and Zillow
PR Newswire - Wed Aug 20, 8:00AM CDT
Today, Analysts Review released its research reports regarding Visa Inc. (NYSE: V), The Goldman Sachs Group Inc (NYSE: GS), American Express Company (NYSE: AXP), AvalonBay Communities Inc. (NYSE: AVB) and Zillow Inc. (NASDAQ: Z). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5853-100free.
Dow Today: Chevron (CVX) Leads The Day Higher, Goldman Sachs Group (GS) Lags
at The Street - Tue Aug 19, 3:30PM CDT
The Dow component that led the way higher today was Chevron (NYSE:CVX), which sported a $1.33 gain (+1.1%) bringing the stock to $127.63. Holding the Dow back today was Goldman Sachs Group (NYSE:GS), which lagged the broader Dow index with a 59-cent...
Sycamore Shops Stuart Weitzman
at The Street - Tue Aug 19, 10:26AM CDT
Taps Goldman and Citigroup to run auction for the upscale footwear retailer it acquired in its $2.2 billion deal for Jones Group.
Clinton's Wild Idea for Bank Fines Makes Perfect Sense
at The Street - Tue Aug 19, 6:30AM CDT
Former President Clinton's proposal to spend money from bank fines on infrastructure has been widely ignored. But it may help Americans feel the fines are serving a real purpose.
Steel, Airline Stocks Lead As Nasdaq Hits High
at Investor's Business Daily - Mon Aug 18, 3:32PM CDT
Stocks advanced confidently Monday as the Nasdaq struck a new 52-week high and the S&P 500 retook its 50-day moving average. The Nasdaq strode more than 0.9% higher, while the S&P 500 added almost 0.9%. The Dow Jones industrial average led with a...
Blackstone, TPG in Talks to Buy Mortgage-Lender Kensinton - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 18, 3:10PM CDT
Negotiations have advanced between Blackstone and TPG Capital, regarding the purchase of U.K.'s sub-prime mortgage lender, Kensinton, from its South African parent company, Investec. The news was first reported by Sky News.
