GOLDMAN SACHS

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Judge unlikely to toss Gupta insider trial tapes

A New York federal judge on Thursday damped hopes that he would throw out government wire tap evidence in the insider trading trial of Rajat Gupta, a former board member of Goldman Sachs and Procter & Gamble .
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PMI Stable despite Manufacturing Slide in February

U.S. Manufacturing Index Hits Six-Month High

Manufacturing grew at its fastest pace in six months in December, capping a late-year upswing, but a European slump and rising oil prices posed threats to the U.S. economy in the new year.
Crude Oil Futures on Track for Weekly Gain on U.S. Economic Recovery

Where is Oil Price Heading in 2012?

Crude prices started their jolly ride to the top in February last year when simmering discontent in the Middle East erupted into several violent anti-government protests.
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Stratfor Hackers Publish Email, Password Data Online

Hackers affiliated with the Anonymous group published hundreds of thousands of email addresses belonging to subscribers of private intelligence-analysis firm Strategic Forecasting Inc., along with thousands of customer credit-card numbers.
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Wall St rises, helped by data

Wall Street stocks resumed their upward move into year-end on Thursday but the S&P 500 continued to churn around its 200-day moving average as jitters over Europe contrasted with better-than-expected U.S. economic data.
U.S. Housing Sector

Big Investors Betting We've Hit Bottom on Housing: WSJ

A Wall Street Journal article making the rounds this morning notes some big investors have turned bullish on the housing market in the past quarter. Among the big names mentioned are hedge funds run by SAC Capital Advisors LP, Blackstone Group LP and Goldman Sachs Group.
Yahoo Picks Former PayPal Chair as New CEO

Yahoo Has Potential Bidder in Alibaba Group

Alibaba Group has hired a Washington lobbying firm in a sign that the Chinese e-commerce company would be willing to make a bid for all of Yahoo Inc. in the event that talks to unwind their Asian partnership fail.
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Carlyle Launches Financial Firms Buyout Fund

The Carlyle Group has started fundraising for a new global financial services buyout fund that is seeking to top its previous $1.1 billion fund, which is now almost fully invested, a person familiar with the matter said on Tuesday.
Stratfor Website Down After Being Hacked by Anonymous

Hackers Say They'll Publish E-Mails Stolen from Stratfor

Hackers affiliated with the Anonymous group said they are getting ready to publish emails stolen from private intelligence analysis firm Strategic Forecasting Inc, whose clients include the U.S. military, Wall Street banks and other corporations.
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Morgan Stanley to Cut 580 Jobs in New York City

Morgan Stanley (MS) will axe 580 jobs in various sites in New York City due to economic reasons. The rolling layoffs began on Dec. 15 and the company has not identified a closing date, company filings with the New York Department of Labor showed Tuesday.
Graphics of new Amazon Kindle tablets seen at news conference in New York

Amazon may benefit as digital goods sales jump

Digital goods are the fastest-growing category online this holiday, led by e-books, suggesting Amazon.com Inc's strategy of blanketing the world with cheap e-readers and tablet computers may be producing some early gains.

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