GOLDMAN SACHS

Occupy Wall Street

Rosh Hashana Sermon Read at Occupy Wall Street Rally [FULL TEXT]

On Sunday night, just a day before the one year anniversary of the Occupy Wall Street movement, protesters returned to Zuccotti Park, formerly the central camp ground of the protest, to kick off celebrations. The festivities also coincided with another event; Rosh Hashana, the Jewish New Year.

Apple Shares Leap To New Record As Goldman, Others Up Target Prices

iPhone 5
Shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, rose 1 percent in Thursday trading after several analysts at firms including Goldman Sachs (NYSEL GS) boosted their price targets for the Cupertino, Calif.-based company, citing potential sales of the iPhone 5.
Fed Chairman Ben Bernanke

Fed Meeting Preview: QE3 Has Arrived

Markets have been talking about QE3 for two years. Now, after a sovereign credit downgrade, the near collapse of the European financial system, and facing an anemic recovery that has only marginally helped heal the carnage in the labor and housing markets, the vast majority of financial pundits believe QE3 this week is "pretty much a given."
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Adam Sandler

Hollywood’s Incredible Shrinking Audiences

This past weekend, Hollywood studios received bad news. The number of tickets sold during Hollywood's all-important summer season -- the first week in May through Labor Day weekend -- shrank to 532 million in 2012. That's off 4 percent from last year and on track to be the lowest summer attendance in almost 20 years, according to preliminary estimates from Hollywood.com.
Fed Chairman Ben Bernanke

Bernanke's Speech at Jackson Hole: 6 Key Take-Aways

It seemed everyone was claiming their crystal ball has been right in anticipation of a much-hyped speech by the world's most powerful central banker, who managed to turn the attention of traders around the world to his podium in bucolic Jackson Hole, Wyo. Friday. They were all right and, as usually happens in such cases, they were also all wrong.
Fed Chairman Ben Bernanke

Bernanke's Jackson Hole Speech - Live Blog: Will He Or Won't He QE3?

Two years after Federal Reserve Chairman Ben Bernanke announced plans for a massive second round of monetary stimulus -- so called QE2 -- at a yearly Fed summit in Jackson Hole, Wyo., the world's most powerful central banker returns, with markets primed for him to deliver on even more stimulus.
Tiffany

Tiffany Lowers Profit Forecast, Shares Rally Anyway

When Tiffany & Co. (NYSE: TIF) cut its fiscal year sales and earnings guidance for a second straight quarter on Monday, stock in the company rallied over 7 percent. The reason: investors think the worst is over for the New York-based jeweler.
1907 Puck magazine cover image uses a Humpty Dumpty reference to illustrate the state of financial capitalism. A wall of "Rotten Finance" formed by figures like John D. Rockefeller, J. Pierpont Morgan and Edward H. Harriman has failed to prop up

Portrayals Of Wall Street As Greedy, Selfish And Rotten - 100 Years Ago (Photos)

It may be surprising to many who believe that Wall Street and global finance are inherently malevolent that a century ago, the public had a very similar perception of financial services, a notion that was channeled by editorial cartoonists in hard-hitting illustrations in magazines like Puck and newspapers like the New York Herald. These cartoons would be as fitting today as they were in 1912.
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Facebook Plunges To Latest Record Low After Lockup Ends

Shares of Facebook (Nasdaq: FB), the No. 1 social networking site, fell to a new record low of $19.01 in midday Friday trading, a day after insiders were allowed to sell as many as 241 million shares they had been required to hold since the May 17 initial public offering.
US Stock Market

Stock Trading Suffers On Uncertain, Unpredictable Markets

Trading in U.S. stocks has been going on at a snail's pace recently, a fact market-watchers are blaming on policy uncertainty, but could also be the result of investors fed up with the fragmented, unpredictable nature of the market.
Mark Zuckerberg

Facebook’s Lockup Ends: 5 Things To Know

Thursday frees holders of as many as 271 million shares of Facebook (Nasdaq: FB), the No. 1 social networking site, to sell them for the first time since the first-day trading fiasco on May 18, when shares that had been priced at $38 first traded at $42.05, then didn’t trade for 30 minutes and closed at $38.23.
Federal Reserve Chairman Ben Bernanke delivers opening remarks at a conference in Washington

Jackson Hole QE3 Guessing Game Heats Up

Two years after Federal Reserve Chairman Ben Bernanke announced plans for a massive second round of monetary stimulus at a yearly Fed summit in Jackson Hole, Wyo., market watchers are beginning to take odds on the chances that his speech at this year's Jackson Hole summit could produce a similar announcement.
Knight Capital

Knight Capital's Woes Continue as Stock Plummets, Issues Defect Market Marker

Knight Capital Group Inc. (NYSE:KCG) saw shares in the company drop precipitously early Monday -- at one point losing over 7 percent of their value -- as the bruised-up broker-dealer continued to pick itself up less than two weeks after a trading algorithm gone berserk saddled the firm with $440 million in losses.
Goldman Sachs Chairman and CEO Lloyd Blankfein

Goldman Sachs Wins! Feds 'Quietly' Drop Key Financial Crisis Case

The Justice Dept. said there was "not a viable basis to bring a criminal prosecution" against Goldman Sachs, quietly ending a yearlong investigation into allegations the firm bet against the same subprime mortgage-backed securities that it also sold to its clients.

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