GOLDMAN SACHS

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Goldman commods risk tumbles on tough markets

Goldman Sachs commodities business generated more revenue in the third quarter but treacherous markets forced it to slash risks, leading to overall losses at Wall Street's top bank.
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Wall Street edges higher, led by financials

Stocks rose on Tuesday, led by financials, as better-than-expected bank earnings overshadowed new worries about the crisis in Europe fueled by a warning over France's credit rating.
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Wall St. to open flat on Europe, earnings caution

Equity index futures pointed to a flat opening on Tuesday after Moody's said it would review France's credit rating and investors grappled with less-than-stellar earnings from some big corporations.
Goldman Sachs

Goldman Sachs Q3 Loss is Greater than Expected

Goldman Sachs Group Inc posted a wider-than-forecast loss of $428 million for the third quarter, only its second quarterly loss as a public company, hurt by sharp declines in the value of investment securities and customer trading assets.
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Goldman Sachs posts deeper-than-expected Q3 loss

Goldman Sachs Group Inc posted a wider-than-expected loss of $428 million for the third quarter, only its second quarterly loss as a public company, hurt by sharp declines in the value of investment securities and customer trading assets.
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Stock index futures off on China worries, France caution

S&P 500 stock index futures eased modestly on Tuesday after a Moody's warning on France's credit rating and a slowdown in China's growth revived concerns over a worsening debt crisis in Europe and a hard landing for Asian economies.
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U.S. Stock Futures Point to Lower Opening

U.S. stock futures point to lower opening on Tuesday after new data showed that Chinese economy has expanded at a slower rate in the third quarter and quarterly results from IBM failed to impress investors.
Indian Parliament

Doing Business in India Has Advantages

The advantages of doing business and investing in India include a federal government system with clear powers established between the central government and state governments, a liberal and friendly investment climate, and liberal and clear policies on foreign direct investment from other major economies of the world.
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Goldman, Citi among banks on list for Hyundai Oilbank's IPO

Hyundai Oilbank, South Korea's smallest crude oil refiner, has narrowed down a group of banks to handle its up to $2 billion IPO planned for early next year, with Goldman Sachs, Credit Suisse, and Citigroup among the firms selected, sources with direct knowledge of the matter said on Friday.
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Fitch downgrades UBS, puts other banks on review

Fitch Ratings downgraded UBS AG on Thursday and placed seven other U.S. and European banks on credit watch negative, citing challenges in the economy and financial markets, as well as the impact of new regulations.
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Rajaratnam gets lower-than-expected 11-year sentence

Raj Rajaratnam, a self-made hedge fund tycoon convicted in the biggest Wall Street trading scandal in a generation, was ordered on Thursday to serve 11 years in prison, one of the longest sentences ever in an insider-trading case but far less than prosecutors sought.
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Rajaratnam sentenced to 11 years in prison

Raj Rajaratnam, a self-made hedge fund tycoon convicted in the biggest Wall Street trading scandal in a generation, was ordered on Thursday to serve 11 years in prison, one of the longest sentences ever in an insider-trading case.
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JPMorgan Q3 net slips; shares lower in premarket

JPMorgan Chase & Co's third-quarter earnings fell 4 percent as the European debt crisis pushed investment banking clients to the sidelines, but results were helped by an accounting gain the bank can take when markets are in turmoil.

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