GOLDMAN SACHS

Futures on major U.S. indices point to a lower opening on Wednesday after Goldman Sachs reported a decline in quarterly profit and a government report showed that U.S. housing starts fell more than expected in December.

Wall Street was set for a lower open on Wednesday after Goldman Sachs posted a decline in quarterly profit, denting investor optimism about a strong earnings season.

The companies that reported earnings before the markets open on Wednesday are: Goldman Sachs, Wells Fargo, U.S. Bancorp, State Street, Northern Trust, Bank of New York Mellon and Hudson City Bancorp.

Stock index futures were little changed on Wednesday as investors awaited results from Goldman Sachs Group and Wells Fargo after financial stocks fell in the previous session on disappointing results from Citigroup.

The companies which are expected to see active trade on Wednesday are Apple, Goldman Sachs, eBay, IBM, Cree, Wells Fargo, U.S. Bancorp and Xilinx.

Futures on major U.S. indices point to a flat opening on Wednesday ahead of quarterly earnings from top investment bank Goldman Sachs and key housing data due to be released before market opens.

Goldman Sachs Group Inc's decision to scale back a heavily publicized sale of shares in social network site Facebook shows how the bank risks losing its edge as financial regulation intensifies.

Goldman Sachs Group Inc's decision to scale back a heavily publicized sale of shares in social network site Facebook shows how the bank risks losing its edge as financial regulation intensifies.

Executives from General Electric, Microsoft, Goldman Sachs, Coca-Cola, Boeing, Intel and Carlyle Group will be among U.S. business leaders at a meeting on Wednesday hosted by U.S. President Barack Obama with Chinese President Hu Jintao, a White House official said.

Chinese President Hu Jintao and President Barack Obama will meet with U.S. and Chinese business leaders at the White House on Wednesday to discuss ways to expand trade and investment opportunities, with the U.S. executives seeking deals to tap into China's economic growth.

AIG chose Bank of America Corp , Deutsche Bank AG , Goldman Sachs Group Inc and JPMorgan Chase & Co to manage the sale of the government's 92 percent stake in the insurer, two people familiar with the situation said on Tuesday.

Chinese President Hu Jintao arrived in the United States on Tuesday for a four-day state visit peppered by U.S. complaints about Beijing's currency policies but sweetened by some $8.5 billion in business deals.

China's securities regulator will begin a trial programme that allows local fund houses to raise money offshore for investment in the domestic financial market, two sources said on Monday.

Goldman Sachs (NYSE: GS) said that its American clients will be excluded from buying shares of Facebook through the financial services giant’s private placement mechanism.

GlaxoSmithKline will record a legal charge of 2.2 billion pounds ($3.4 billion) for the fourth quarter, effectively wiping out its profit, as it settles further claims related to Avandia and sales practices.

China's securities regulator will begin a trial programme that allows local fund houses to raise money offshore for investment in the domestic financial market, two sources said on Monday.

U.S. bank stocks are flying high, and this week's earnings could give investors more reason to be optimistic about the sector.

Goldman Sachs Chief Executive Officer Lloyd Blankfein went to Chicago to pitch Groupon executives on hiring his bank to underwrite the online coupon company's initial public offering, Bloomberg reported on Friday.

U.S. bank stocks are flying high, and next week's earnings could give investors more reason to be optimistic about the sector.

JPMorgan Chase & Co reported a greater-than-expected 47 percent increase in quarterly earnings and struck an upbeat tone that lifted the shares of major U.S. banks reporting next week.

An improving global economy, solid corporate earnings and even easing fears about euro zone debt have been more than enough to rationalise the rising hunger for riskier assets now prevalent on financial markets.