GOLDMAN SACHS

Goldman traded $1.3 billion in Libyan funds: report

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Goldman Sachs invested more than $1.3 billion from Libya's sovereign-wealth fund in currency bets and other trades in 2008 and the investment lost more than 98 percent of its value, the Wall Street Journal reported, citing internal Goldman documents.

Saudi Prince seeks lower oil prices

Saudi Arabian prince Alwaleed bin Talal would like to see oil prices drop to the $70-$80 a barrel range in a move to thwart western development in alternate fuels.
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Goldman restructures $1.42 billion hotel debt: report

Goldman Sachs Group's Whitehall Real Estate Funds restructured $1.42 billion of debt due April 2012 on one of its largest hotel portfolios, the Wall Street Journal reported, citing people familiar with the matter.
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Goldman CFO says clients past Levin: analyst

Goldman Sachs believes its clients are largely past the regulatory investigations and accusations that have surrounded the bank, according to an analyst who met its Chief Financial Officer.
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Wall Street bounces back for a second day

Stocks rose for a second day, erasing early losses in a volatile day on Thursday as earnings helped technology and consumer discretionary stocks after a substantial fall for equities this month.
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Goldman lowers year-end target for S&P 500 index

Rising inflation, higher commodity prices and lower global economic growth will weigh on margins of S&P 500 <.SPX> companies, said Goldman Sachs, as it forecast a lower 2012 earnings outlook, and reduced its year-end target on the index.
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Wall Street falls on signs of economic slowdown

Stocks fell on Thursday following a rise in weekly jobless claims that added to concerns about an impending economic slowdown, while Goldman Sachs lowered its forecast for the S&P 500 index.
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Crude oil trades near $99 a barrel

Crude oil prices declined in Europe trade as strengthening U.S. dollar and weaker-than-expected decline in U.S. crude stockpiles weighed.
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Oil jumps $2 after high Goldman Sachs forecast

Oil rose more than $2 per barrel on Tuesday, taking Brent crude futures to almost $113, after Goldman Sachs increased its forecasts for the North Sea benchmark, citing strong fuel demand growth.
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Dominique Strauss-Kahn Was Trying to Torpedo the Dollar

Aren't you at all curious about who's behind this lynching by media scam? This is an all-out, no-holds-barred, steel-cage, take-down. The big boys save that kind of action for the worst offenders, that is, for the insiders who have broken Omerta or wandered off the reservation. Even Bernie Madoff was allowed to stay in his $7 million Park Avenue penthouse.
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Ocwen in lead to buy Goldman's Litton: sources

Goldman Sachs Group Inc has moved closer to offloading Litton Loan Servicing, with Ocwen Financial Corp leading in an auction to acquire the troubled mortgage business, sources familiar with the situation said this week.
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Goldman cuts Intel to sell as supply glut looms, shares fall

Intel Corp could suffer due to slowing processor shipments, rising competition and record capital expenditure levels this year, warned Goldman Sachs analysts, who in a rare downgrade, cut their rating on the stock to sell, sending its shares down nearly 3 percent.

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