|Bid||0.00 x 800|
|Ask||226.25 x 1200|
|Day's Range||225.58 - 230.50|
|52 Week Range||214.64 - 275.31|
|PE Ratio (TTM)||21.36|
|Earnings Date||Jul 17, 2018|
|Forward Dividend & Yield||3.20 (1.41%)|
|1y Target Est||274.73|
OPEC’s decision to increase production has not crashed oil markets, on the contrary, the decision not to take dramatic action is actually quite bullish
Big banks are expected to get the green light from the Federal Reserve this week to shower their shareholders with increased dividends and share repurchases. Announcements of capital returns could provide a needed lift to bank stocks. Among the biggest banks, JPMorgan Chase (JPM) may raise its dividend by about 50%, boosting its yield to 3%.
The vast network of Goldman Sachs alumni creating innovative financial instruments at the Nature Conservancy didn’t manage to innovate on where to hold their gala. On the night of summer solstice, when most of Manhattan headed outdoors to enjoy a spectacular sunset, about 450 funders of science and conservation spent Thursday evening at Cipriani 42nd Street, amid vaulted ceilings and scarce amounts of natural light.
Ansys specializes in finite element analysis software. Goldman analyst Gabriela Borges cited this fact in defense of her upgrade. This utilizes PTC’s CAD technology with Ansys Discovery Live real-time simulation.
Are Goldman Sachs bankers moonlighting as venture capitalists? Employees of the New York banking giant were early backers of several big-name startups, including ride-sharing platform Uber Technologies, online storage vault Dropbox, mobile payment company Square, food innovator Ripple Foods, and credit-card startup Marqeta. The hope is that by investing in these startups, the bankers gain “relationship equity." That means they will likely be at the top of the startup's list of banks to hire when the time comes to go public or ink some sort of M&A deal.
Stephanie Cohen, chief strategy officer at Goldman Sachs, discuss the bank's "Launch With GS" initiative providing a $500 million investment in females in business and fund management. She speaks ...
In the wake of this year’s stress test, there is some hope that might not be the case. On Thursday evening, after the release of the first stage of the annual bank stress test, Goldman Sachs Group Inc. put out a statement indicating that it was unhappy with the results and said that it planned to air its grievances with the Federal Reserve. The bank said its estimate of how much it would lose in an economic downturn “diverged” from the Fed. And it suggested that after a talk with the Fed, the regulators were sure to see things Goldman’s way.
Among the companies with shares expected to trade actively in Friday's session are Goldman Sachs, United Parcel Service, Chevron, PayPal and Red Hat.
IN THE NEWS Viacom, Inc. (NASDAQ: VIAB ) is taking an unexpected risk to compete in an evolving sector: Link Camping World Holdings Inc (NYSE: CWH ) CEO Marcus Lemonis offers advice and capital to struggling ...
NEW YORK, NY / ACCESSWIRE / June 22, 2018 / Major U.S. markets closed down on Thursday, with the Dow Jones posting its 8th consecutive daily decline, as investors' attention remained fixed on trade tension ...
Goldman Sachs Group Inc. and Morgan Stanley had the two lowest capital levels by one key measure in the Federal Reserve's stress tests as all 35 banks passed the opening round examination. Bloomberg's ...
FT subscribers can click here to receive FirstFT every day by email. How well did you keep up with the news this week? Take our quiz to find out “The Greek crisis ends here tonight in Luxembourg.” After ...
barely passed the Federal Reserve’s annual stress tests, raising doubts about their ability to grow dividends and buybacks over the next year. All 35 banks subject to the tests passed, despite an unusually harsh exam that featured a severe global recession, the Federal Reserve said Thursday. The two banks’ leverage ratios fell to 3.1% and 3.3% respectively because of losses on loans and trading positions in the most severe scenario, bringing them perilously close the regulatory minimum of 3%.
Malaysia will seek to recoup $4.5 billion of funds that were potentially lost through 1MDB, as well as fees paid to Goldman Sachs Group Inc., according to Prime Minister Mahathir Mohamad. “We have to prove ownership of the money,” Mahathir, 92, said in an interview with Bloomberg Television’s Haslinda Amin on Friday.
The Federal Reserve determined the largest U.S. banks were healthy enough to withstand a severe economic downturn and would continue lending during a crisis, as the industry posts record profits and prepares for a wave of regulatory relief. The Fed’s “stress test” scenario for the 35 largest bank holding companies, which hold 80% of the assets at banks operating in the U.S., found the firms were “strongly capitalized” and would retain adequate capital levels in severely adverse conditions, according to the first round of results released Thursday by the central bank. The positive scorecard indicates most of the banks are likely to win the Fed’s approval next week to increase dividends after a second round of results that will determine whether the firms pass or fail the annual stress-test exercise, put in place after the 2008 crisis.
The 35 largest U.S. banks are poised to put more money toward dividends, share buybacks and business investments, after clearing the first stage of an annual regulatory stress test on Thursday, showing they have enough capital to withstand an extreme recession. Although the lenders would suffer $578 billion (£436.4 billion) in total losses in the Federal Reserve's most severe scenario to date, their level of high-quality capital would be greater than the threshold that regulators demand - and above levels seen immediately leading up to the 2007-2009 crisis, the Fed said. Thursday’s results are the first of a two-part exam, showing whether banks would meet minimum requirements under the Fed’s methodology, using materials they submitted.
Big banks cleared the first hurdle of this year’s U.S. stress tests as the Federal Reserve found all 35 lenders examined could withstand a severe economic downturn, though Goldman Sachs Group Inc. trailed the rest of Wall Street in a key measure of leverage. The results announced Thursday mark the third straight year every bank exceeded the Fed’s minimum capital demands, indicating the industry’s increased comfort with reviews that once triggered headaches. The exams assess how much capital lenders would have left after enduring financial shocks.
Goldman Sachs Group Inc. and Morgan Stanley are imploring investors not to get spooked. The investment banks had the two lowest capital levels by one key measure in stress test results released Thursday by the Federal Reserve, threatening to limit how much cash they’ll be able to return to shareholders through dividends and stock buybacks. The “ratios that are published today may not represent our firm’s actual capital return capacity, which may be higher than this year’s test would otherwise indicate,” Goldman Sachs said in a statement.
Goldman Sachs analysts think corporate profits will be better than their initial forecasts for the next three years. But that might not translate into a stock market that accelerates to new records.
Real estate stocks have definitely gotten volatile lately. There are some particularly risky real estate stocks to take a second look at.
Goldman Sachs Group Inc. sold a web platform that helped market complex bond-like instruments to mom-and-pop investors, according to people with knowledge of the matter. The bank agreed to sell a majority stake in the operation, known as Simon, which will start operating as an independent entity in coming months, the people said, asking not to be identified because the information isn’t public. Jason Broder, head of the private investor products group at Goldman Sachs, will leave the bank with the completion of the deal, the people said.
Jun.22 -- Goldman Sachs Group Inc. and Morgan Stanley had the two lowest capital levels by one key measure in the Federal Reserve's stress tests as all 35 banks passed the opening round examination. Bloomberg's Yalman Onaran reports on "Bloomberg Daybreak: Americas."