GS - The Goldman Sachs Group, Inc.
235.20 +0.19 (0.08%)
After hours: 5:59PM EDT
| Previous close | 236.10 |
| Open | 235.00 |
| Bid | 234.91 x 900 |
| Ask | 235.01 x 1000 |
| Day's range | 234.28 - 236.12 |
| 52-week range | 209.62 - 275.31 |
| Volume | 1,984,545 |
| Avg. volume | 3,090,022 |
| Market cap | 88.765B |
| Beta | 1.30 |
| PE ratio (TTM) | 22.21 |
| EPS (TTM) | 10.58 |
| Earnings date | 17 Jul 2018 |
| Forward dividend & yield | 3.20 (1.31%) |
| Ex-dividend date | 2018-05-30 |
| 1y target est | 275.43 |
- Market Realist•3 hours ago
Goldman Sachs: Rising Rates Could Change Valuation of S&P 500 Index
Prominent investment firm Goldman Sachs (GS) also said that the rising rates could change the valuation of the equity market (SPY) (QQQ) (DIA). Rising inflation is signaling that interest rates could rise too. The faster rate hike expectation is pushing the bond yield higher.
Market Realist•3 hours agoGoldman Sachs to Investors: Don’t Worry about Rising Interest Rates
In the above part, we discussed that Goldman Sachs (GS) is worried about the rising US fiscal deficit and US debt level. The rising fiscal deficit and debt level could pressure the Fed to increase its key interest rate at a faster rate. Recently, Goldman Sachs predicted that the interest rates will rise at a quicker pace.
Market Realist•3 hours agoGoldman Sachs: Rising US Debt Level Could Pose a Threat for GDP
In the previous part of this series, we discussed that prominent investment firm Goldman Sachs (GS) believes that the US fiscal outlook isn’t good. The rising fiscal deficit could create an obstacle for the US economy. The US budget deficit and the debt level are also gradually improving.
- The Wall Street Journal•3 hours ago
[$$] Deal Close Announcements: May 21-25
GTCR and Sycamore Partners completed their acquisition of CommerceHub Inc., which helps retailers manage e-commerce inventory. When the deal was announced in March, it was valued at $1.1 billion, according ...
- The Wall Street Journal•4 hours ago
[$$] Scurria's Take: Winner Not Clear in Goldman-Blackstone Swaps Deal
Inc. recently made peace with Blackstone Group Inc. over a controversial credit derivatives trade, a gentlemen’s agreement of sorts that lets both sides avoid a public confrontation. The deal between Goldman and Blackstone’s GSO Capital Partners LP resolves a high-stakes standoff over credit default swaps tied to Hovnanian, which borrowed money from GSO last year under an unusual arrangement.
- Bloomberg•8 hours ago
Goldman and Blackstone Are Friends Again
The Wall Street giants had taken opposite sides of a bet on bonds issued by home builder Hovnanian Enterprises Inc. The trades, engineered by Blackstone’s GSO Capital Partners LP, involved the home builder intentionally skipping a small interest payment earlier this month in exchange for an attractive financing package from the private-equity house. Blackstone had bought insurance against a default, which would allow it to make money from the skipped interest payment. It bought this insurance, through what are known as credit-default swaps, from Goldman and others.
- CNBC•11 hours ago
Wall Street banks had best quarter in years. They are firing traders anyway
The investment banking industry eliminated 6,000 employees in the first quarter, according to financial research firm Coalition.
- Zacks•12 hours ago
Look at These 3 Mutual Funds From Goldman Sachs
Below we share with you three top-ranked Goldman Sachs mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy)
- Motley Fool•12 hours ago
3 Stocks That Could Make Your Grandkids Rich
These stocks have tremendous growth potential over the next 50 years and beyond.
- The Wall Street Journal•19 hours ago
[$$] Goldman, Blackstone Make Peace in Credit-Derivative Standoff
Goldman Sachs Group Inc. and Blackstone Group LP recently resolved a monthslong standoff over a controversial derivatives trade that had alarmed regulators and investors in the $11 trillion credit-default swaps market. The Wall Street giants had taken opposite sides of a bet on bonds issued by home builder Hovnanian Enterprises Inc. The trades, engineered by Blackstone’s GSO Capital Partners LP, involved the home builder intentionally skipping a small interest payment earlier this month in exchange for an attractive financing package from the private-equity house. Blackstone had bought insurance against a default, which would allow it to make money from the skipped interest payment.
- The Wall Street Journal•yesterday
Goldman's Rising Stars Told to Chill
Banks have eased grueling hours, fast-tracked promotions, and offered junior employees more mobility and variety in their jobs. “You have to create an atmosphere where people can work hard, but they also have opportunities to have a life,” he said on a Goldman podcast last year. Against this backdrop, Goldman in 2015 said it would start promoting some of its analysts—its youngest employees, most of them fresh out of college—to the rank of associate after two years instead of three.
- MarketWatch•yesterday
A 1-day spike in Wall Street’s ‘fear index’ made Goldman $200 million
CNBC reports that bank’s derivatives flow team netted $200 million as VIX posted historic February spikeTraders at Goldman had a good day on VIX bets. Earlier this year, Goldman Sachs booked a roughly $200 million gain in one day, partly on bets that a long-dormant gauge of volatility would surge, ending a protracted period of placidity on Wall Street. The prominent investment bank’s trading desk centered on derivative flows produced the big daily return as a so-called market maker rather than buying the assets for its own account, CNBC reported on Wednesday.
- Zacks•yesterday
How Are the Pros Making Huge Profits in the VIX?
How Are the Pros Making Huge Profits in the VIX?
- CNBC•2 days ago
Goldman Sachs made a staggering $200 million in one day as markets plunged
Boom times have returned on Wall Street, at least for one trading desk.
- Zacks•2 days ago
Goldman Displays Cost Control: Should You Hold the Stock?
Goldman Sachs' (GS) strong client activity amid volatile markets, organic growth, cost management and steady capital-deployment activities continue to drive growth.
- Forbes•2 days ago
10 Money Mistakes To Avoid This Year
Whether it’s a student loan, personal loan, credit card, auto loan or mortgage, you have a contractual commitment to repay your debt. Plus, missed payments can hurt your credit score. While not as bad as outright skipping a payment, a late payment also can hurt your credit score.
Reuters•3 days agoCongress eases post-crisis bank rules in victory for Trump
The U.S. House of Representatives passed on Tuesday bipartisan legislation that would ease bank rules introduced in the wake of the 2007-2009 financial crisis, giving President Donald Trump a major legislative victory. The vote eases some of the 2010 Dodd-Frank rules that have hurt smaller banks and community lenders and keeps the Republican president's promise to try to spur more economic growth by cutting regulation, but does little for Wall Street. It is a far cry from the repeal that Trump pledged on the campaign trail, leaving largely untouched the core Dodd-Frank provisions designed to ensure financial stability and other rules most hated by banks and conservative Republicans.
- CNBC•3 days ago
Amazon can go big in finance but is unlikely to open a bank, Goldman says
Amazon has a huge opportunity in expanding its financial services, but it likely won't build a standalone banking operation, Goldman Sachs wrote in a report Tuesday.
CNBC•4 days agoGoldman Sachs: The fiscal outlook for the US 'is not good'
Huge budget deficits and national debt could pose a threat to the country's economic security during the next recession, Goldman warned.
- Market Realist•4 days ago
ETF Inflows Crossed $100 Billion
US-listed ETFs witnessed a huge jump in inflows last week mainly due to the surge in US equity inflows. According to FactSet, investors added $15.7 billion to the ETFs last week, which increased the YTD (year-to-date) inflows to $108.5 billion. More than 78% of the inflows were concentrated in US equity (MS) (GS) (C). US equity collected $12.3 billion, while international equity added $1.6 billion. US fixed-income ETFs had $1.8 billion, while international fixed-income garnered a moderate $536 million.
CNBC•4 days agoCramer: I believe former Trump advisor Gary Cohn 'would've liked' this trade framework
The trade framework being negotiated between the United States and China would have been right up Gary Cohn's alley, CNBC Jim Cramer says.
- Market Realist•4 days ago
Wells Fargo Isn’t Out of the Woods
Wells Fargo (WFC) discovered that employees in its wholesale unit altered information related to customers’ records without the company’s knowledge. As a result, there are renewed concerns about the bank’s internal control systems. Wells Fargo (VFH) (XLF) reported the activities to the Office of the Comptroller of the Currency.
- Zacks•4 days ago
Goldman's President Likely to Take Over as CEO by 2018 End
Goldman Sachs' (GS) next CEO is expected to focus more on strengthening consumer banking and trading unit.
- The Wall Street Journal•7 days ago
[$$] Goldman Sachs-Backed Firm Seeks Industrial Deals
David Cote, the former longtime chief executive of Honeywell International Inc., is leading a company backed by Goldman Sachs Group Inc. that is trying to raise some $600 million to pursue industrial deals. Mr. Cote led a turnaround of Honeywell in his 14 years as CEO, building a record of disciplined, well-executed deals that helped expand the industrial conglomerate’s product line. “We believe Mr. Cote’s industry experience and operating capabilities, paired with Goldman Sachs’ unique sourcing infrastructure and experience investing in public and private markets, will make us a partner of choice for potential business combination targets,” GS Acquisition Holdings Corp. said Friday in a securities filing.
- Bloomberg•7 days ago
Goldman Teams With Former Honeywell CEO in $690 Million M&A Push
Goldman Sachs Group Inc. is teaming up with former Honeywell International Inc. Chief Executive Officer Dave Cote to raise as much as $690 million to buy industrial companies. GS Acquisition Holdings Corp. has registered to sell as many as 69 million units at a maximum offering price of $10, according to a filing with the Securities and Exchange Commission. The investment vehicle is described as a “blank check company” for making mergers and acquisitions.
