Previous Close | 298.80 |
Open | 301.20 |
Bid | 301.10 x 50000 |
Ask | 301.80 x 50000 |
Day's Range | 301.20 - 301.60 |
52 Week Range | 265.50 - 375.10 |
Volume | |
Avg. Volume | 40 |
Market Cap | N/A |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | Jul 18, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Goldman Sachs Asset Management (GSAM) has offered 6.6 billion Norwegian crowns ($598.8 million) in cash to buy Norwegian aquaculture service group Froy, the two companies said in a statement on Monday. GSAM said it had reached a deal to buy a 72% stake in Froy from a unit of salmon farmer Salmar for 76.50 crowns per share, and will make a bid for the rest of the shares at the same price. Salmar in January this year said it was seeking potential buyers for the stake, and Froy's share price has since risen by almost 50% to close at 72 crowns on Friday.
Goldman Sachs Asset Management (GSAM) has offered 6.6 billion Norwegian crowns ($598.8 million) in cash to buy Norwegian aquaculture service group Froy , the two companies said in a statement on Monday. GSAM said it had reached a deal to buy a 72% stake in Froy from a unit of salmon farmer Salmar for 76.50 crowns per share, and will make a bid for the rest of the shares at the same price. Salmar in January this year said it was seeking potential buyers for the stake, and Froy's share price has since risen by almost 50% to close at 72 crowns on Friday.
Key Insights Given the large stake in the stock by institutions, Goldman Sachs Group's stock price might be vulnerable...
Deposits rose recently at Ally, Goldman Sachs’s Marcus and Capital One, banks that either don’t have branch networks or have far fewer branches than peers.
Two of the banking industry's top executives discussed the slowdown they expect to see this year on Wall Street.
(Bloomberg) -- Goldman Sachs Group Inc. banker Kathy Elsesser is exiting her senior perch at the Wall Street firm after a more than 30-year run.Most Read from BloombergQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersOPEC+ Latest: Ministers Still Negotiating Over African QuotasUS Chides China Over Defense Talks as Navy Sails by TaiwanChina Defense Minister Slams US, Vows to Defend InterestsElsesser, 56, was the chai
“Security Reviews” are locking up Apple Savings accounts for weeks on end, as a blunt-force anti-money laundering system turns customers into suspects.
(Bloomberg) -- The runaway success of JPMorgan Chase & Co.’s actively managed exchange-traded fund lineup has Goldman Sachs Group Inc. playing catchup. Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersTrillion-Dollar Treasury Vacuum Coming for Wall Street RallyUS Chides China Over Defense Talks as Navy Sails by TaiwanRich Latin Americans Transform Laid-Back Madrid Into a New MiamiChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthThe Goldman Sachs
Some customers reportedly experienced delays in transferring funds from the savings account to another bank account.
Romi Savova left her job in investment banking in 2014 with a plan to simplify pension savings in the UK.
The new cuts at the Wall Street giant amount to roughly 250 positions, following two previous rounds of layoffs.
Major Wall Street banks are signaling a weak quarter for their trading businesses. At an industry conference this week, they telegraphed that markets calmed in the second-quarter compared with the topsy-turvy markets a year ago, leading to cooldown in both fixed income and equities. "Our clients are kind of sitting a bit more in their hands right now," said John Waldron, the bank's chief operating officer, on Thursday.
(Bloomberg) -- A new multistrategy hedge fund run by Wall Street veterans Brian Hurst and Elisha Wiesel began trading Thursday, focusing on offbeat strategies such as temperature arbitrage.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Clears Congress, Ending Threat of US DefaultWall Street Banks Are Using AI to Rewire the World of FinanceApple Plans Major Retail Push With New Stores Across China
U.S. stock indexes rose on Thursday as investors cheered a vote in Congress to suspend the U.S. debt ceiling, while signs of slowing wage pressure on inflation added to growing optimism the Federal Reserve will skip raising interest rates in two weeks. for unemployment benefits rose modestly last week, while private payrolls increased more than expected in May, pointing to a still tight jobs market that could push the Fed to keep rates elevated. But wage inflation is slowing, as reported by ADP, while a Labor Department report said the price of labor per single unit of output rebounded at a 4.2% rate in the first quarter - a downward revision from the 6.3% growth pace estimated in May.
Some customers with Apple savings accounts, which are a partnership with Goldman Sachs, say it has taken weeks to withdraw money.
U.S. stock indexes rose by midday trading on Thursday as investors cheered passage of a bill by lawmakers to suspend the nation's debt ceiling amid bets that the Federal Reserve will skip raising interest rates in its next meeting. The bill to suspend the $31.4 trillion debt ceiling headed to the Senate, which must enact the measure before a Monday deadline, when the government is expected to run out of money to pay its bills.
Goldman Sachs is preparing for “a tougher environment” by laying off more employees, which may help it surpass a $600mn savings target from job cuts, one of the bank’s top executives said on Thursday. The warning from Goldman president John Waldron underscores the increasingly gloomy outlook on Wall Street as rising interest rates have damped merger activity and the market for initial public offerings, while a recent trading boom has also fizzled. The Financial Times and others reported on Tuesday that Goldman was weighing cuts of fewer than 250 jobs across the bank, primarily at the managing director level, and may then look to do another round of performance-based reductions in September.
NEW YORK (Reuters) -Goldman Sachs Group Inc plans to cut more jobs as a difficult economic environment weighs on dealmaking and trading revenue may slump 25% this quarter, the bank's president said on Thursday. "The macro backdrop is extraordinarily challenging," Goldman's president and chief operating officer, John Waldron, told investors at a conference, without specifying the scale of the layoffs. Goldman Sachs shares closed down 2.3% on Thursday, in contrast to the S&P 500 financial index, which rose 1.1% on the day.
In response to the global slump in deal-making, Goldman (GS) follows its peers to navigate industry headwinds by resorting to another round of layoffs in its IB division.
China’s reopening really isn’t going to plan. The end of January was a time of heightened optimism about China’s rebound but the period since has gradually revealed that confidence to be somewhat misplaced. As China’s recovery stalls, the country’s tensions with the U.S. have come under fresh scrutiny.
Investing.com -- Stocks in focus in premarket trade on Wednesday, May 31st. Please refresh for updates.
The following are the top stories in the Wall Street Journal. - The Justice Department said it would drop some of the criminal charges against FTX founder Sam Bankman-Fried if the Bahamas says they violate the terms of his extradition to the U.S. - Dina Powell McCormick, one of the most senior women on Wall Street and a former U.S. government official, is leaving Goldman Sachs Group to join an investment and advisory firm run by former partners at the Wall Street giant.
Goldman Sachs is weighing a fresh round of job cuts amid a prolonged decrease in dealmaking that has hit profits at the investment bank. Allies of Boris Johnson have challenged the UK government after it reportedly told the Covid-19 inquiry that it could not hand over the former prime minister's WhatsApp messages and notebooks because it did not have them.
In the latest trading session, Goldman Sachs (GS) closed at $330.83, marking a -0.36% move from the previous day.
Wall Street bank considers eliminating fewer than 250 employees after making deeper reductions earlier in the year