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Greece woes, Goldman case sink Wall Street

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U.S. stocks tumbled on Tuesday as downgrades of Greece and Portugal fueled fear about euro-zone economic stability, and a grilling of Goldman Sachs on Capitol Hill heightened the possibility of financial reform.
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Industrial profits up on overseas sales

Strong demand for industrial goods from customers in emerging economies helped a half dozen U.S. manufacturers produce pleasant earnings surprises on Tuesday.
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Stock futures signal gains; Caterpillar eyed

Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.16 percent, Dow Jones futures up 0.16 percent and Nasdaq 100 futures up 0.1 percent at 5:06 a.m. ET.
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UBS deal not to be tied to bonus issue: Swiss President

Switzerland's economy minister said she hoped parliament would not link a deal between UBS and the United States on disclosing secret bank accounts with questions such as bankers' bonuses, the newspaper Sonntag reported on Sunday.
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Goldman CEO lauded profit from subprime shorts

Goldman Sachs Group Inc's top executive boasted in late 2007 about the money the investment bank was making from betting against risky mortgages, according to a collection of e-mails released by a Senate panel on Saturday.
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Profits still hold key; Greece could temper

Wall Street is heading into another earnings blitz next week and the prospects of strong results from bellwethers like Caterpillar Inc and 3M Co should propel indexes to new recovery highs.
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Government watchdog to probe SEC's Goldman lawsuit

A U.S. government watchdog will investigate the Securities and Exchange Commission's fraud lawsuit against Goldman Sachs Group Inc, the SEC's inspector general said on Friday, while two shareholders sued the bank over the fraud allegations.
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Stock futures edge up as Greece moves on aid deal

U.S. stock index futures rose slightly on Friday as Greece asked the European Union and International Monetary Fund to trigger an aid package in what could be the largest state bailout ever attempted.
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Stock futures rise as Greece moves on aid deal

U.S. stock index futures rose on Friday as Greece asked the European Union and International Monetary Fund to trigger an aid package in what could be the largest state bailout ever attempted.
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Obama scolds Wall St for resisting reform

President Barack Obama scolded Wall Street on Thursday for its furious efforts to fight tighter regulation, saying the United States was doomed to another financial crisis if reforms were not implemented
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Goldman urges clients to stay, CEO at Obama speech

Goldman Sachs Group Inc intensified its public relations counteroffensive over fraud charges on Thursday as the company's chief executive watched President Barack Obama urge Wall Street to back regulatory reforms.
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Blackstone earnings rise, distribution changes

Private equity firm Blackstone Group reported higher quarterly earnings on Thursday that beat analysts' estimates as the value of its vast private equity investments continued to rebound.
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Blackstone earnings beat estimates

Private equity giant Blackstone Group reported a rise in quarterly earnings that beat analysts' estimates, and said it was seeing concrete signs of improvement in its investment portfolio.
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German bank severs Goldman ties, France eyes probe

A German state bank said it had severed business ties with Goldman Sachs Group Inc, citing U.S. regulators' allegation that the dominant Wall Street bank committed fraud, while France eyed an investigation of its own.
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With Goldman charged, rivals smell blood

Within days -- perhaps even hours -- of news that Goldman Sachs was facing fraud charges from U.S. regulators, rivals seized on a chance to elbow in front of Wall Street's most profitable bank.
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France mulls Goldman probe, fund plays defense

France could become the latest country to examine whether Goldman Sachs Group Inc defrauded investors in marketing a mortgage investment product while the hedge fund that played a key role in the deal moved to head off investor concerns.
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Paulson reassures on Goldman role

Paulson & Co, the hedge fund linked to civil fraud charges against Goldman Sachs Group Inc, moved to head off investor concerns about its role in a deal that has scarred the reputation of the Wall Street bank and overshadowed blow-out quarterly earnings.
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Nasdaq set to rise on Apple, bank shares eyed

The Nasdaq was set to rise on Wednesday boosted by Apple's blowout quarter, while the broader market pointed to a flat open as bank shares faced pressure despite strong earnings from Morgan Stanley.
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Some Paulson clients mull withdrawing money: report

Some of John Paulson's clients are indicating they may withdraw money from the billionaire's hedge fund firm, after it was involved in a transaction that led the U.S. government to file a lawsuit against Goldman Sachs Group Inc , The Wall Street Journal said.

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