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Will Facebook Deliver an IPO Surprise? – ABC News
Fox News Will Facebook Deliver an IPO Surprise?ABC NewsFacebook, the social network that changed "friend" from a noun to a verb, is expected to file as early as Wednesday to sell stock on the open market. Its debut is likely to be the most talked-about initial public offering since Google in 2004.Goldman Sachs Takes... »
Goldman Sachs earnings decline 58% – Financial Times
Financial Times Goldman Sachs earnings decline 58%Financial TimesBy Tracy Alloway in New York Goldman Sachs has revealed a series of dramatic cost cuts and a 58 per cent drop in fourth-quarter earnings, after grappling with tumultuous trading conditions in the latter part of the year. Like many of its investment …Goldman Cuts Way to... »
Wall Street stars exit as firms, pay shrink – Reuters
ABC News Wall Street stars exit as firms, pay shrinkReutersBy Lauren Tara LaCapra (Reuters) – As Wall Street banks sharply cut costs, many of the industry's star bankers and traders are leaving their shrinking pay packages and firms behind. Wall Street banks have outlined plans to cut thousands of jobs since …Goldman Sachs' Revenue... »
Goldman Sachs’ Revenue Misses Expectations – ABC News
ABC News Goldman Sachs' Revenue Misses ExpectationsABC NewsGoldman Sachs said its earnings fell 58 percent in the last three months of 2011, although beating Wall Street's estimates. Its revenue, however, was lower than expected because of volatility in the financial markets. Last year "was dominated by global …Wall Street banks face more than just... »
Wall Street rises on IMF hopes, Goldman earnings – Reuters
Globe and Mail Wall Street rises on IMF hopes, Goldman earningsReutersBy Ryan Vlastelica | NEW YORK (Reuters) – US stocks rose on Wednesday on optimism the International Monetary Fund wants to raise more money to help combat Europe's debt crisis and after Goldman Sachs' earnings beat estimates. …Euro Climbs as IMF Proposes $500 Billion... »
Goldman Sachs posts $1 billion profit – CNNMoney
AFP Goldman Sachs posts $1 billion profitCNNMoneyBy Aaron Smith @CNNMoneyMarkets January 18, 2012: 8:31 AM ET NEW YORK (CNNMoney) — Goldman Sachs reported a fourth-quarter profit of about $1 billion on Wednesday, reversing a loss from the third quarter and topping expectations. …Goldman Sachs sets aside $12bn to pay staff in 2011The GuardianGoldman Sachs... »
Amazon Could Miss Fourth Quarter Sales Target, Goldman Sachs Warns
Despite strong sales of electronics and a generally robust holiday shopping season, Amazon may miss Q4 revenue targets. – A report from financial services firm Goldman Sachs warns online retailer Amazon.com could miss its fourth- quarter sales estimates due to a slowdown in online shopping growth, despite impressive sales of the companys Kindle Fire... »
MF Global goes bankrupt, is 1st U.S. casualty of European crisis – Los Angeles Times
Telegraph.co.uk MF Global goes bankrupt, is 1st U.S. casualty of European crisisLos Angeles TimesThe Wall Street firm run by former Goldman Sachs Chairman and New Jersey Gov. Jon Corzine filed for bankruptcy Monday morning, making it the first big American casualty of the European debt crisis. The firm, MF Global, had come under increasing... »
A Stunning Fall From Grace for a Star Executive – New York Times
New York Times A Stunning Fall From Grace for a Star ExecutiveNew York TimesJohn Marshall Mantel for The New York TimesRajat K. Gupta, left, and his lawyer, Gary Naftalis, leave federal court in Manhattan on Wednesday after Mr. Gupta was charged with insider trading. Last year, Rajat K. Gupta delivered a …Gupta Surrenders to... »
Gupta Charged With Securities Fraud Related to Goldman Tips – New York Times
msnbc.com Gupta Charged With Securities Fraud Related to Goldman TipsNew York TimesDouglas Healey for The New York TimesRajat Gupta at his home in Westport, Conn., on Wednesday morning. Rajat K. Gupta, a former Goldman Sachs director who surrendered to the Federal Bureau of Investigation on Wednesday morning, …Ex-Goldman Director Gupta Charged in Insider CaseWall... »