GOLDMAN SACHS

IBTimes Logo

report: Goldman's new money machine: warehouses

In a rundown patch of Detroit, enclosed by a cyclone fence and barbed wire, stands an unremarkable warehouse that investment bank Goldman Sachs has transformed into a money-making machine.

Juniper tumbles as it catches Cisco "flu"

A woman walks past a banner with the logo of Juniper Networks Inc. covering the facade of the New York Stock Exchange 29/10/2009
Investors punished Juniper Networks (JNPR.N) by selling its shares after the networking equipment maker joined Cisco Systems Inc (CSCO.O) in warning that this year's results will miss Wall Street projections.
Dunkin' Brands

Dunkin' Brands IPO Priced Well Above Estimates

Dunkin' Brands (DNKN.O) has raised $422.75 million after pricing its IPO at $19 per share, well above the range set by underwriters, signaling strong demand for this week's biggest deal.
More news
Alcoa Inc. (NYSE: AA)

Top Earnings at a Glance (SLIDESHOW)

The earnings season is when a large number of publicly traded companies release their quarterly earnings reports. The earnings season is so far topping Street views at a pace above typical quarters.
IBTimes Logo

Goldman Sachs fights bias lawsuit, cites Wal-Mart

Goldman Sachs Group Inc said a recent landmark decision throwing out a class-action lawsuit against Wal-Mart means it should not face a wide-ranging case accusing it of systematic bias against women.
IBTimes Logo

Goldman wins dismissal of Timberwolf CDO lawsuit

Goldman Sachs Group Inc won the dismissal of a lawsuit accusing it of causing an investor to become insolvent by fraudulently misleading it about risky debt it expected would tumble in value.
IBTimes Logo

Morgan Stanley stuns market with results

Morgan Stanley stunned Wall Street with better-than-expected second-quarter results, outperforming Goldman Sachs and other rivals as it gained market share in tough trading conditions.
IBTimes Logo

Morgan Stanley set for loss

Morgan Stanley is set to report a second-quarter loss on Thursday, as costs caused by a leftover item from the financial crisis compound the effects of a weak trading environment and stubbornly high expenses.
IBTimes Logo

Goldman stumbles in commodities

Goldman Sachs on Tuesday blamed its commodities trading desk for much of the massive drop in trading profits in the second quarter, even after its own analysts correctly called for a pull-back in prices.
IBTimes Logo

Goldman's profit engine stalls; shares fall

Goldman Sachs Group Inc rattled investors with earnings that fell far short of expectations because of sharp declines in bond trading revenue, long a key source of profits for the investment bank.
IBTimes Logo

Goldman Sachs profit misses expectations

Goldman Sachs Group Inc's net income rose during the second quarter but fell short of lowered market expectations as fixed income trading revenue dropped sharply.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.