GOLDMAN SACHS

World Market Update 04/21/2011

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US stocks rallied on Wednesday, with the Dow Jones Industrial Average closing near three-year highs, as upbeat earnings from major technology companies’ boosted sentiment for corporate-profit trends.

Global Markets Overview 04/21/2011

Traders work on the floor of the New York Stock Exchange
US stocks rallied on Wednesday, with the Dow Jones Industrial Average closing near three-year highs, as upbeat earnings from major technology companies’ boosted sentiment for corporate-profit trends.
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Goldman profit drops, regulations cloud outlook

Goldman Sachs Group Inc's profits fell 72 percent and one of the few businesses that performed well for the bank -- investments and trading with its own funds -- faces regulatory restrictions in the future.
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Instant View: Goldman posts 72 percent drop in Q1 earnings

Goldman Sachs Group Inc posted a 72 percent drop in first-quarter profit to shareholders as it made less money from trading bonds for clients. The largest U.S. investment bank posted a profit to common shareholders of $908 million, or $1.56 per share, compared with $3.3 billion, or $5.59 per share, in the same quarter a year ago.
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Silver Burns Short Sellers

[Selling silver short] natural with these giddy prices, one London trader told the Platts news service on Monday. Speculators are going to have to take profits soon. Shorts have been burned in the run-up, but keep coming back for more, he said, forecasting a $10 drop in the Silver Price short term.
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Goldman profit tops forecasts

Goldman Sachs Group Inc posted stronger-than-expected quarterly profit, earning more money from bond trading than analysts had forecast.
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Goldman results to hinge on trading performance

Goldman Sachs Group Inc is expected to report sharply lower quarterly earnings due to weak trading results and a charge for buying back preferred stock from Warren Buffett's Berkshire Hathaway.
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Stock index futures signal dip; TI eyed

Stock index futures pointed to a slightly lower open on Wall Street on Tuesday, with futures for the S&P 500 down 0.1 percent, Dow Jones futures down 0.1 percent and Nasdaq 100 futures down 0.1 percent at 0733 GMT.
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Banks, SEC in talks to settle mortgage charges: report

The securities regulator is in talks with major Wall Street banks to settle fraud allegations relating to the sale of toxic mortgage bonds to various investors that helped unleash the financial crisis, the Wall Street Journal reported, citing sources familiar with the matter.
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Dow and S&P edge up, but Goldman hits financials

The Dow and S&P edged higher in late trading on Thursday as concerns about higher inflation prompted investors to buy staples and health shares, but a Senate investigation of Goldman Sachs hurt financials.
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Glencore: King of Commodities Trading

Glencore’s planned IPO prices the company at $55 billion. This incredibly high valuation is probably shocking to the many people who have never heard of Glencore before. But $55 billion, as large a figure as that is, doesn’t even begin to describe just how powerful it is.
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Report says Goldman duped clients on CDO prices

In a frenzy to protect its interests at the start of the credit crisis, Goldman Sachs Group Inc sold mortgage-linked derivatives to clients at inflated prices and misrepresented the nature of the deals, according to documents released by a Senate subcommittee.

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