GOLDMAN SACHS

Stock futures surge with global indexes

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Stock index futures rose sharply on Tuesday, tracking global equities that gained after gauges of Chinese and euro zone economic activity came in less gloomy than feared.
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Republican presidential candidate Texas Governor Rick Perry poses for a photograph with members of the local police department after a campaign stop at Harvey's Bakery and Coffee Shop in Dover, New Hampshire

Rick Perry Risks Scaring Wall Street Republicans

Presidential hopeful Rick Perry's brash appeal to the Republican Party's fiscally conservative base may fall flat with big donors who favor a more moderate candidate to challenge President Barack Obama in the 2012 election.
ator Bernie Sanders (I-VT) is interviewed by a Reuters reporter at Sanders' office in Burlington, Vermont

U.S. Oil Speculative Data Released by Senator, Ssparking Ire

Oil trading data that exposed the extensive positions speculators held in the run-up to record high prices in 2008 were intentionally leaked by a U.S. senator, sparking broader concern about industry confidentiality as Congress moves on Wall Street reform.
HP CEO Leo Apotheker speaks to the press after delivering the keynote address at the HP Summit in San Francisco

HP may drop PCs, to buy Autonomy for $11.7 bln

Hewlett-Packard Co may spin off the world's largest PC business, part of a wrenching series of moves away from the consumer market, including killing its new tablet and buying British software company Autonomy Corp for as much as $11.7 billion.
Bond fund manager Jeffrey Gundlach testifies in court in Los Angeles

At trial, Gundlach describes bad vibes from SocGen exec

Star bond fund manager Jeffrey Gundlach did not instruct anyone to copy analytic systems from his former employer, Trust Company of the West, but did devise a "defensive plan" in the event he would be fired, he testified in court.
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Euro Goldfields Q2 lLoss Narrows, Olympias on Schedule

Mining company European Goldfields, which secured a long-awaited Greek permit last month, posted a narrower pretax loss for the second quarter and said it had made "major progress" with its Olympias project, on track for first production next year.
New China Life files for up to $4 bln IPO-sources

New China Life files for up to $4 bln IPO-sources

New China Life, the third-largest life insurance company in China, has filed its listing application with the Hong Kong stock exchange, setting the stage for a planned IPO of up to $4 billion in Hong Kong and Shanghai, sources with direct knowledge of the plans told Reuters on Thursday.
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Citi, BofA, Goldman lead financial stock swoon

The shares of Bank of America Corp (BAC.N), Citigroup Inc (C.N), Goldman Sachs Group Inc (GS.N) and Morgan Stanley (MS.N) skidded on Wednesday, renewing evidence that when the market sneezes financial stocks get pneumonia.
Traders work on the floor of the New York Stock Exchange

Banks drag Wall Street lower as fear returns

Fear returned to Wall Street on Wednesday, sending the S&P 500 to another 4 percent decline, triggered by worries that Europe's debt crisis could engulf French banks and spill onto the U.S. financial sector.
An employee of the Tokyo Stock Exchange is seen at the centre where it monitors stock trading, at its headquarters in Tokyo

U.S. Stocks Fall, Enabled by Weak Economy

World shares regained some ground Wednesday after investors were comforted by the Fed's pledge to keep interest rates near zero for two more years. Despite this, losses on Wall Street ran rampant.
Employees of the Tokyo Stock Exchange (TSE) work at the bourse in Tokyo

World stocks claw back ground on Fed rates pledge

World shares clawed back more ground on Wednesday as investors rattled by a run of heavy losses took comfort from the Federal Reserve's pledge to keep interest rates near zero for two more years.
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Goldman says QE3 likely after dovish Fed statement

Goldman Sachs said on Wednesday a third round of quantitative easing from the Federal Reserve is likely after the U.S. Federal Reserve promised to keep rates at extraordinarily low levels for at least two more years.

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