GOLDMAN SACHS

4 Reasons Gold Will Rise, Sooner Than Later

Crystal bull
The big price drop Wednesday in the price of gold is not the beginning of a trend, say analysts, but rather a pause in a longer term bull market that has a lot farther to run.
A motorist pumps fuel into his vehicle at JJ's Express Gas Plus station in Phoenix gas station in Phoenix

Oil Price Outlook sours, Citi Sees 20 pct Fall

Several major banks cut sharply their oil price forecasts on Tuesday, with Citigroup saying that even if the United States printed more money, oil would stay depressed by weak economic growth and fresh supplies from Libya.
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Stock futures surge with global indexes

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.
At Issue: Oil Prices

Sanders Sponsors Bill to Curb Oil Speculation

U.S. Sen. Bernie Sanders, I-Vt., says speculators have contributed to oil’s high price – hurting the U.S. economy and wreaking havoc on family budgets, and he’s proposed a bill that he believes will help stop it.
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Credit Suisse to Buy All of Hedging-Griffo-Report

Credit Suisse Group (CSGN.VX) will buy the nearly 50 percent stake it does not own of Brazilian investment fund Hedging-Griffo, which the Swiss bank will make its sole asset management platform in Latin America's biggest economy, a local newspaper reported on Monday.
Market Woes.

Layoffs Sweep Wall Street, Along with Low Morale

In early summer, before layoffs began sweeping across Wall Street, billboard-sized photos of employees were plastered on the walls, pillars and elevator banks of Credit Suisse Group AG's offices in the United States and abroad.
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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