Displaying posts tagged with

“Goldman Sachs”

Jul
6
2010

Bank of America, Citigroup, BP, Goldman Sachs, Bebe Stores, FIS and Walgreen Stk Future Up Before the Bell

U.S. stock futures rose Tuesday as investors try to recover some of the big losses that piled up in recent weeks following a string of disappointing economic reports.
Friday bearish employment report capped a bad week for the Greenback as it came on the heels of a rise in weekly U.S. Initial Jobless Claims on Thursday [...]

Apr
17
2010

Goldman Sachs accused of fraud, Wall Street drop

American values have dropped sharply after the complaint filed by the U.S. stock market authority against the bank misled investors. On Friday, April 16,U.S. stocks ended down sharply after the fraud charges brought by the American Stock authority cons bank Goldman Sachs has prompted investors to take profits after six sessions of gains. The news [...]

Feb
24
2010

SEC disappointed Goldman’s Sachs

The U.S. Securities and Exchange Commission has planned and is all set now to curb the short selling phenomena which can lead the waves of declines by 10% on an average daily single.
The decision will curtail the year long debate to rigorous practice of the same, by which the investors make the gain on selling [...]

Feb
24
2010

Apple TV still a “hobby”

Apple TV is still a “hobby,” because it doesn’t sell like the phone, computer and MP3 player, said Apple chief operating officer Tim Cook.
Talking before investors at the Goldman Sachs Technology & Internet Conference in San Francisco Tuesday, Cook said the Apple TV was an outstanding product, and it would not necessarily lay dormant. “We’re [...]

Feb
10
2010

Wall Street Bonus a pay czar in Obama terms!

Amidst the economic slowdown Goldman Sachs and J P Morgan are paying out lavish bonus to the Sr. level of employees, to which President Obama termed it as very savvy.
Upon the hefty pay packets deal amidst the economic turmoil, Obama reacted with affirmative tone enquiring about the $9m (£5.8m) bonus awarded to Goldman’s Lloyd Blankfein [...]

Jan
4
2010

Worst year for Berkshire in a decade

Though stock markets worldwide showed signs of recovery in 2009, Warren Buffett’s magic touch could not help Berkshire Hathaway Inc.’s shareholders much at the bourses. The company posted its worst performance of the decade in 2009 as compared to the indices. Its shares advanced only 2.7% during last year as against about 23% return offered [...]