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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. 7 (Bloomberg) -- U.S. stocks advanced and the dollar erased its gain against the euro after Federal Reserve Chairman Ben S. Bernanke said inflation may slow, prompting speculation the central bank won’t raise rates anytime soon. Gold headed for the steepest two-day retreat since March.
Two of the great icons of Corporate America—the investment bank Goldman Sachs and the billionaire investor Warren Buffett—announced on Tuesday that they would team up to inject $500 million plus mentoring and financial expertise into the small business sector. Citing the "vital role" small businesses play in creating wealth, fostering innovation, and adding jobs, Goldman chairman and CEO Lloyd ...
Dec. 7 (Bloomberg) -- Lyondell Chemical Co. settled a lawsuit brought by its unsecured creditors against bank lenders to help the chemical company reorganize in bankruptcy. The creditors don’t support the agreement.
Thomas L. Friedman, best-selling author and New York Times foreign affairs columnist, will speak at 7 p.m. Tuesday in Brown Theatre as part of the University of Louisiana at Monroe's Presidential Lyceum Series.
The jobs crisis demands drastic government action.
Dec. 7 (Bloomberg) -- German stocks dropped after a government report showed factory orders in Europe’s biggest economy unexpectedly declined for the first in eight months.
If you missed the rally in bank stocks this year, longtime analyst Dick Bove says not to worry. He predicts that large banks' shares will double by the end of next year.
NEW YORK----Owners Research Group today highlighted several points from its recently completed Investor Consensus Study of the U.S. banking industry. These reports represent the views of 10% of the institutional shareholders of BAC, C, GS, JPM, MS and WFC, managing median assets of $125 billion.
Dec. 7 (Bloomberg) -- Canadian stocks swung between gains and losses as a rising U.S. dollar weighed on commodity prices and Potash Corp. of Saskatchewan gained on an analyst upgrade.
Earlier buybacks negotiated with Treasury look rich and suggests that Jamie Dimon, JPMorgan’s chief, did right by his shareholders by not buying his warrants back.
