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Sector Snap: Fertilizer makers climb

Shares of Mosaic Co. and Potash Corp. of Saskatchewan Inc. gained Monday as the broader market rose and a Goldman Sachs analyst said now is a good time to buy stock in the fertilizer makers.

EMC rises as NetApp falls after Goldman report

Shares of data storage company EMC Corp. rose while rival NetApp Inc. traded lower Friday after Goldman Sachs replaced NetApp with EMC on its Americas "Buy" list.

Philip Morris International shares rise on report

Philip Morris International Inc. shares rose Monday after Goldman Sachs put the cigarette maker on its "Conviction Buy" list.

Goldman Sachs execs won't get 2009 cash bonus

Goldman Sachs Group Inc.'s top executives will not receive cash bonuses this year, as the Wall Street giant bows to sharp criticism over its pay practices.

Cummins shares climb after Goldman flags stock

Shares of Cummins Inc. climbed on Monday after a Goldman Sachs analyst added the diesel engine maker to a list of favorite stocks, saying the company is poised to benefit from demand in emerging economies.

Accenture ends sponsorship of Tiger Woods, says he is "no longer the right representative."

Sector Snap: Information technology shares gain

Shares of CommVault Systems Inc., Juniper Networks Inc. and Rackspace Hosting Inc. gained Friday as Goldman Sachs added them to its "Conviction Buy" list, predicting they will benefit from growth in corporate IT spending.

Sector Snap: Analyst upgrades REITS

A Goldman Sachs analyst upgraded his view of real estate investment trusts Thursday, predicting a bottom in industry fundamentals in the next year to 18 months.

Goldman invests $61 million in affordable housing

Goldman Sachs Group Inc. on Monday said it invested $61 million in an affordable housing program in New York City.

Goldman Sachs, Buffett to help small businesses

Goldman Sachs Group Inc. is teaming with billionaire investor Warren Buffett to invest $500 million to provide thousands of small business owners across America with college scholarships and boost their access to capital.

Buckle shares fall after Goldman says 'Sell'

Shares of teen apparel retailer The Buckle Inc. dropped Thursday after Goldman Sachs initiated coverage of the stock with a "Sell" rating and warned that it sees red flags that indicate the retailer's performance could soon decline.

Goldman Sachs, Citigroup got swine flu vaccine

Some of New York's biggest companies, including Wall Street giants Goldman Sachs and Citigroup, received doses of swine flu vaccine for at-risk employees, drawing criticism that the hard-to-find vaccine is going first to the privileged.

Report: Goldman Sachs looks to buy tax credits

Wall Street giant Goldman Sachs Group Inc. is reportedly in talks to buy tax credits from Fannie Mae, a government-controlled mortgage financier.

SanDisk shares fall after Goldman downgrade

Shares of SanDisk Corp. headed lower Wednesday after Goldman Sachs cut its rating to "Neutral" from "Buy", predicting a mediocre performance from the chip maker's stock over the coming months.

MetroPCS, Leap shares slip after Goldman downgrade

Shares of MetroPCS Communications Inc. and Leap Wireless International Inc. fell Tuesday, with Goldman Sachs predicting disappointing quarterly results.

ALL BUSINESS: Innovation needed even in recessions

A theme is emerging from the flood of recent corporate earnings reports: Cost cuts are boosting profits.

Goldman exec named first COO of SEC enforcement

A Goldman Sachs executive has been named the first chief operating officer of the Securities and Exchange Commission's enforcement division.

Goldman Sachs profit tops $3B on strong trading

Goldman Sachs Group Inc.'s third-quarter earnings more than tripled from the depths of the financial crisis as income from the company's trading operations offset a drop in its investment banking business.

Computer Sciences shares hit nearly 2-year high

Shares of Computer Sciences Corp. hit their highest level in nearly two years Wednesday after Goldman Sachs upgraded the information technology company, saying there's more corporate demand for its consulting and outsourcing services, and there's an increasing chance it could be an acquisition target.

Earnings Preview: Goldman Sachs Group Inc.

Goldman Sachs Group Inc. reports third-quarter financial results on Thursday. The following is a summary of key developments and analyst opinion related to the period.

Goldman Sachs analyst lowers Aeropostale rating

A Goldman Sachs analyst lowered her rating on Aeropostale Inc. Friday, saying the apparel retailer's stock will likely start to slow as competitors make headway.

How the major stock indexes fared on Friday

The stock market is keeping its momentum going, giving shares their best week in more than two months. Moderate gains on Friday led by health care and utility companies pushed stocks to their best weekly performance since July after two down weeks. The Dow Jones industrial average reached its highest level in a year.

Sector Snap: Some lodging price targets raised

A Goldman Sachs analyst boosted the price targets of some lodging companies Tuesday, citing slowing supply growth and an uptick in demand.

Goldman Sachs raises 2010 outlook for IT spending

Goldman Sachs increased its 2010 outlook for global information technology spending on Monday and also predicted online advertising will return to double-digit growth next year.

Sector Snap: Goldman cautious on pay TV services

Goldman Sachs downgraded Dish Network Corp. to "Sell" and upgraded Time Warner Cable Inc. to "Neutral," while maintaining that Comcast Corp. was the best buy in the "lackluster" cable and satellite TV sector.

The Vine
Dan Collins: Wall Street Makes Merry With Other People's Money
Source: The Huffington Post

There's a good deal of jolliness on Wall Street this holiday season, thanks to the billions of dollars in bonuses that will be stuffed into the stockings of your favorite bankers.

Barack Obama slams 'fat cat' Wall Street bankers
Source: Telegraph

"I did not run for office to be helping out a bunch of fat cat bankers on Wall Street," Mr Obama said. "They're still puzzled why it is that people are mad at the banks. Well, let's see.

Robert Kuttner: A Tale of Two Obamas
Source: The Huffington Post

It was the best of Obama, it was the worst of Obama.

And inside look of Goldman, what CEO Blankfein has to say
Source: The Latest From VanityFair.com

I read a million articles about Goldman everyday, and everyone hates them that is for sure. Everyone also knows they are one of the best if not the best. This article makes me actually like Goldman a little more than I did yestarday but how come the stock fell today.

Are Bernanke Or Geithner Guilty Of Purjury And Managerial Negligence?

In October of this year, Timmothy Geithner in Congrssional Testimony in answer to a question posed to him said: "I have never been a regulator." SOURCE Yet, in an article written by Ben Bernanke in the Washington Post this weekend writes:

The Critical Unraveling of U.S. Society
Source: ampedstatus.com

You may have missed it in the mainstream news media, but statistical societal indicators are reading red across the board. Before exposing the root causes of this breakdown, let's look at some vital statistics and facts:

Any Afghan 'Surge' Is a Snare and a Delusion
Source: AlterNet.org

And corruption is viewed as one of the key obstacles in dealing with the resurgent Taliban in Afghanistan.

Geithner, under fire, defends AIG bailout
Source: Yahoo! News

A jump in the unemployment rate to above 10 percent has sparked complaints that Washington was quick to rescue Wall Street but ignored the plight of those who lost their jobs in a recession blamed partly on reckless lending.

Banks' H1N1 Flu Vaccines Stir Outrage
Source: Business Week

Wall Street bankers once again are the target of populist outrage, this time over the news that Goldman Sachs (GS), Citigroup (C), JPMorgan Chase (JPM), and others are receiving limited doses of the H1N1 swine flu vaccine.

Goldman Sachs launches $500 million small business project - Nov. 17, 2009
Source: CNN

Goldman Sachs earned an eye-popping $3.2 billion last quarter. Now it's decided to share some of that with the little guys.

Brazil takes off
Source: The Economist

WHEN, back in 2003, economists at Goldman Sachs bracketed Brazil with Russia, India and China as the economies that would come to dominate the world, there was much sniping about the B in the BRIC acronym.

Goldman Representative Says Jesus Embraced Greed
Source:

"The injunction of Jesus to love others as ourselves is an endorsement of self-interest," Goldman's Griffiths said Oct. 20, his voice echoing around the gold-mosaic walls of St. Paul's Cathedral, whose 365-feet-high dome towers over the City, London's financial district.

I'm doing 'God's work'. Meet Mr Goldman Sachs.
Source: The Times

It's the site of the best cash-making machine that global capitalism has ever produced, and, some say, a political force more powerful than governments. The people who work behind the brass-trim glass doors make more money than some countries do.

Banks prepare for Plutocracy...
Source: The Huffington Post

SEC. 1103. PRUDENTIAL OVERSIGHT OF ACCOUNTING PRINCIPLES AND STANDARDS THAT POSE SYSTEMIC RISKS.

Top 5 scariest Halloween costumes from Wall Street
Source: Christian Science Monitor

Some scary fun... Want to really scare friends and family this Halloween? Look no further than the economy. Here are our picks for the freakiest Halloween costumes inspired by the business world.

FBI Lets Barred Tycoon Visit U.S.
Source: Wall Street Journal

" ... Aluminum magnate Oleg Deripaska met with FBI agents in August and earlier this month as part of a continuing criminal probe, according to two administration officials. The focus of that probe couldn't be learned.

Goldman Sachs Defends Trading Practices: Dark Pools, Flash Trading, Short Selling
Source: The Huffington Post

In a document handed to the US Securities and Exchange Commission (SEC), the investment bank asserts that such practices, some of which the SEC is looking to restrict, actually benefit investors by increasing competition and reducing costs.

Goldman Lobbies Senate, Says Full Transparency Sucks
Source: True/Slant - Taibblog

Matt Taibbi takes on Goldman Sachs (again) for a lobbying document the company is circulating in the Senate that says a lack of transparency in the part of the market involving large institutional traders, aka "dark pools of liquidity" is a good thing... Instead, the bank argues …

Can Someone Explain This Math?

Goldman Sachs bonus pool estimated at $725,000 per employee This week, business reporters told us that Goldman Sachs 2009 third quarter profits swelled, compared with 2008, to an estimated $3.19 billion.

Goldman Sachs's Tax Rate Drops to 1%, or $14 Million
Source: Bloomberg.com

Goldman Sachs Group Inc., which got $10 billion and debt guarantees from the U.S. government in October, expects to pay $14 million in taxes worldwide for 2008 compared with $6 billion in 2007.

FT.com / Columnists / John Gapper - Goldman should be allowed to fail
Source: FT.com

As profits rise for some banks, the need for a discussion about "narrow banking" seems to diminish quickly. Bonuses are rising again, but so will the resentment about that.

CIT, Goldman in tentative pact
Source: Yahoo! News

NEW YORK (Reuters) – CIT Group Inc (CIT.N), a large finance company trying to avoid bankruptcy, reached a tentative agreement with Goldman Sachs Group Inc (GS.N) over a disputed payment on a $3 billion loan, Dow Jones Newswires reported on Thursday, citing people familiar with  …

Where is the Outrage?
Source:

I am outraged that the Obama Administration promised changed and did not deliver. "Yes We Can" was a lie. The reality is "It's Business As Usual, Only Worse, With Higher Deficits".

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