226.55 -0.41 (-0.18%)
After hours: 7:16PM EDT
|Bid||0.00 x 1100|
|Ask||0.00 x 2200|
|Day's Range||224.19 - 228.30|
|52 Week Range||210.95 - 275.31|
|Beta (3Y Monthly)||1.31|
|PE Ratio (TTM)||16.56|
|Earnings Date||Jan 16, 2019|
|Forward Dividend & Yield||3.20 (1.40%)|
|1y Target Est||275.61|
What goes down must come up. In the past few trading sessions, stocks have been digging out of the hole they fell into during last week’s nerve-racking tumble. To a large degree, investors can thank the banks. Today (Oct. 16), Goldman Sachs and Morgan Stanley both comfortably beat analyst expectations, rounding out a bumper crop…
Goldman Sachs Group Inc.’s Petershill unit has struck again with yet another purchase of a GP management company stake. Midmarket firm Harvest Partners harvested a little piece of itself with the sale of a 15% stake in the firm.
The 24-story office tower that houses Clorox's headquarters is selling for the third time in six years as Oakland's office market heats up.
For almost 40 years, Bloomberg has been an unescapable fact of life in the financial world. Older than the internet, Bloomberg terminals provided instant messaging for traders before the rest of the world knew such a thing existed. That network—along with up-to-the-second bond pricing, oceans of data, and later, news—helped Bloomberg grow into a colossus…
The 3M Company (MMM), a diversified technology company, is expected to report record revenue for the third quarter. Wall Street expects 3M to report revenue of $8.39 billion in the quarter, an increase of 2.7% YoY (year-over-year). In Q3 2017, 3M reported revenue of ~$8.17 billion.
By Arno Schuetze, Dasha Afanasieva and Ben Martin FRANKFURT/LONDON (Reuters) - British packaging group DS Smith (SMDS.L) is expected to launch the sale of its plastic packaging division in November, three ...
FRANKFURT/LONDON, Oct 19 (Reuters) - British packaging group DS Smith is expected to launch the sale of its plastic packaging division in November, three sources familiar with the matter said, in a deal that could be worth around $800 million. Goldman Sachs is organising the deal. DS Smith declined to comment and Goldman Sachs did not immediately respond to a request for comment.
Michael Grimes has a bigger prize in mind. Mr. Grimes, Morgan Stanley’s top technology banker, has moonlighted for years as a driver for the ride-hailing service, according to people familiar with the matter. Valuing the nine-year-old company at as much as $120 billion, an Uber IPO would reward investment bankers with tens of millions of dollars in fees and equally valuable bragging rights. Noah Berger/Bloomberg News Michael Grimes, pictured in 2010, has worked at Morgan Stanley with tech clients including Facebook and Pandora.
JP Morgan's stock was the most upsetting. Citigroup's stock hung in and then rallied, but it had been the most abused coming into the quarter -- which is always helpful, especially when the company is the biggest buyer of its own stock of the group, something it can do because it has gone from worst to first in the eyes of the regulators. It's worth noting that the stock of Goldman Sachs has had two strong days after the quarter, an aberration from the usual, negative pattern -- particularly on the second day, when the window opens for insider selling.
WASHINGTON/ANKARA, Oct 18 (Reuters) - President Donald Trump said on Thursday he presumes missing Saudi journalist Jamal Khashoggi is dead and that the U.S. response to Saudi Arabia will likely be "very severe" but that he still wanted to get to the bottom of what exactly happened. Turkish police are searching a forest on the outskirts of Istanbul and a city near the Sea of Marmara for the remains of Khashoggi more than two weeks after he vanished after entering the Saudi consulate in Istanbul, two senior Turkish officials told Reuters.
The following is the unofficial transcript of a CNBC EXCLUSIVE interview with Goldman Sachs CEO David Solomon and CNBC's Wilfred Frost on CNBC's "Closing Bell" (M-F 3PM – 5PM) today, Thursday, October 18th. SARA EISEN: WITH THAT LET'S SEND IT OVER TO SANTA BARBARA WHERE WILFRED FROST IS LIVE FROM GOLDMAN SACHS BUILDERS AND INNOVATORS SUMMIT. WILFRED FROST: THANK YOU VERY MUCH FOR THAT.
A number of top bankers and business leaders, including the CEOs of JP Morgan Chase & Co, Blackstone Group LP, BlackRock Inc and the chairman of Ford Motor Co, have pulled out of the event in recent days. U.S. Treasury Secretary Steven Mnuchin on Thursday also abandoned plans to attend. In an interview with CNBC, Goldman CEO David Solomon said the bank was not sending any senior executives.
Goldman Sachs Group Inc on Thursday joined the growing list of high-profile businesses snubbing a Saudi investment conference next week amid mounting pressure on Riyad over the disappearance of journalist Jamal Khashoggi. A number of top bankers and business leaders, including the CEOs of JP Morgan Chase & Co, Blackstone Group LP , BlackRock Inc and the chairman of Ford Motor Co , have pulled out of the event in recent days.
Goldman Sachs CEO David Solomon speaks with CNBC's Wilfred Frost about the markets, the U.S. economy and the Federal Reserve, U.S. relations with China and Saudi Arabia, and his transition to the CEO role....
"When you look at last week, some of the selling is the result of programmatic selling because as volatility goes up, some of these algorithms force people to sell," Goldman CEO David Solomon said. Goldman Sachs CEO David Solomon said Thursday that he believes part of October's steep stock sell-off was the result of programmatic trading.
Goldman executive Dina Powell, a former advisor to the Trump administration, will not be going to Saudi Arabia's "Davos in the Desert" event. The company made the decision after the disappearance of journalist Jamal Khashoggi. "This incident is unacceptable, and clearly they have to answer questions," Goldman CEO David Solomon told CNBC.
Oct.19 -- Michael Moran, managing director and pension strategist at Goldman Sachs Asset Management, discusses pension plan strategy with Bloomberg's Taylor Riggs on "Bloomberg Markets."
FBN’s Charlie Gasparino reports that Goldman Sachs may send junior executives to Saudi Arabia’s Future Investment Initiative conference.