GOLDMAN SACHS

Goldman Sachs on Thursday downgraded motorcycle maker Hero Honda and utility vehicles maker Mahindra & Mahindra to sell, from neutral and buy ratings respectively.

The BSE Sensex erased early gains and was trading down 0.4 percent on Thursday, as the near-term outlook for foreign funds' interest was far from promising due to better prospects elsewhere.

China's harsh measures to cool its booming property market is having limited impact on prices, property developer SOHO China's (0410.HK) chief executive said, underscoring the government's difficulty to curb credit growth on all fronts.

Roughly half of bankers in Britain and the United States received increased bonuses for 2010, according to a survey released on Tuesday.

Facebook CEO and Time's Person of the Year Mark Zuckerberg received some private financial consultation on How to raise funds? -- courtesy, a hacker who infiltrated the CEO's fan page.

A bipartisan panel investigating the financial crisis has referred cases of potential wrongdoing by financial industry officials to the Justice Department, a person familiar with the matter said on Tuesday.

Investor interest in derivatives-based strategies remains cold, as the financial bailout in 2008 and the Dodd-Graham Financial Overhaul Act has kept investors scared.

The U.S. Securities and Exchange Commission is investigating dealings between former Massachusetts Treasurer Timothy Cahill and a former top aide who now works at Goldman Sachs .

Darling International Inc. (DAR), a provider of rendering and bakery waste recycling to food industry, announced earnings and revenue guidance for the fourth quarter and fiscal 2010, above analysts expectations.

As the economy recovers, companies across industries indicate a cautious but definite return to attractive packages for its top bosses.

Facebook is preparing to open its books this year or early in 2012 to give investors a glimpse into the financial workings of the world's No. 1 social network, after it sealed an oversubscribed $1.5 billion round of financing led by Goldman Sachs.

Below is a comprehensive professional biography of hedge fund manager David Tepper gathered from publicly available information:

Shares in Warner Music Group climbed over 20 percent in premarket trade on Friday.

The top after-market NYSE gainers on Thursday are: Warner Music Group, American Reprographics, GMX Resources, Energy Transfer Partners and Aspen Insurance Holdings. The top after-market NYSE losers on Thursday are: International Game Technology, Emulex, Medley Capital, Jones Apparel and Kinross Gold.

Wall Street banks are not taking the kind of big risks they did in commodities just a few years back, even after one of the biggest commodities rallies in two straight quarters since the 1970s.

U.S. stocks fell on Thursday led by losses in the technology sector and on worries that China's rapid growth may lead to more aggressive measures to tackle inflation.

Morgan Stanley's commodities risk fell in the fourth quarter as it faced trading woes similar to the rest of Wall Street, but the No. 2 U.S. investment bank still pipped top rival Goldman Sachs with a higher risk year-on-year.

Futures on major U.S. indices pared earlier losses and point to modestly lower opening on Thursday after the Department of Labor reported that weekly jobless claims fell sharply last week.

Futures on major U.S. indices point to a lower opening on Thursday ahead of economic data, including weekly jobless claims and existing home sales.

For U.S. Securities and Exchange Commission Chairman Mary Schapiro, the choice of a Goldman Sachs Group insider as her new top funds regulator could be a double-edged sword.

Goldman Sachs' commodities trading risk has hit a near seven-year low, quarterly results on Wednesday showed, suggesting the Wall Street giant had become less aggressive lately in taking advantage of surging oil, metals and grains prices.