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Dec. 8 (Bloomberg) -- Canwest Global Communications Inc. illegally transferred its specialty television channels from a holding company to its TV unit on the eve of filing for bankruptcy, depriving Goldman Sachs Group Inc.
Dec. 8 (Bloomberg) -- The Standard & Poor’s 500 Index may climb 13 percent by the end of next year as interest rates remain low, revenue grows and investors pour money into U.S. stocks, according to Goldman Sachs Group Inc. strategists.
Time Warner Cable on Tuesday priced a $2 billion public offering of debt securities, selling $500 million worth of 3.5 percent notes due 2015 and $1.5 billion of 5 percent notes due 2020.
LaGuardia Community College will be the first educational institution to reap the benefits of Goldman Sachs’ $500 million small business initiative.
Dec. 9 (Bloomberg) -- Municipal bond issuers should all be required to invest the money they borrow with the U.S. Treasury Department rather than in the array of custom-made contracts they now buy from banks.
KUALA LUMPUR -(Dow Jones)- Goldman Sachs (GS) said Tuesday it expects to start its fund management and corporate finance operations in Malaysia in the first half of 2010 after its application was approved by the Securities Commission.
Dec. 9 (Bloomberg) -- Morgan Stanley ousted sales and trading chief Mitch Petrick after his division’s revenue fell short of rivals and promoted Ruth Porat , head of the financial institutions group, to become chief financial officer.
Dec. 9 (Bloomberg) -- Swire Pacific Ltd.
Dec. 9 (Bloomberg) -- Ireland is poised to show Greece a way to cut ballooning budget deficits. Finance Minister Brian Lenihan will today announce plans to cut spending by 6 percent in the face of the worst recession in Ireland’s modern history.
Manufacturers who set up shop in India in the 1990s often joke they didn't just have to build factories back then, but also roads because it was faster than waiting for the state to build them.
James P. Gorman, who will become chief executive on Jan. 1, is moving to position the bank to better compete against its Wall Street rivals.
