Goldman Sachs Group Inc GS:NYSE
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Sector: Financial Industry: Investment Services
170.01 Arrow Down-2.82   -1.63% 8,825,399 Market data is delayed by at least 20 minutes.
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Latest News Headlines for Goldman Sachs Group Inc

Friday 11/20/2009 4:13 PM ET - MarketNewsVideo.com

The Wall Street Journal is reporting that some of Goldman Sachs (GS) largest investors have formally requested that shareholders be cut in on the company's oversized bonus pool. The report indicates that the group of investors has requested that Goldman divert some of the money from its bonus pool to increasing the dividend paid to shareholders each quarter. So far this year, Goldman Sachs has set aside $17 billion dollars for bonuses and the company is on track to top its previous record

Friday 11/20/2009 12:21 PM ET - MarketNewsVideo.com

This morning, Wedbush Morgan downgraded shares of VeriSign (VRSN) from Outperform to Neutral as the firm expects revenue and margin growth to slow. Furthermore, analysts with the firm do not expect an uptick for either in 2010 and warns investors that new catalysts won't appear until at least 2011. With the downgrade, the firm lowered its price target from $25 per share down to $23.

Thursday 11/19/2009 3:43 PM ET - MarketNewsVideo.com

This morning, both Piper Jaffray and Citigroup downgraded shares of retailer Hot Topic (HOTT) as both firms remained concerned about what is next for the company. The retailer saw sales spike following the success of the Twilight saga, but caution investors to remain cautious until more visibility for future sales growth is established. Piper Jaffray downgraded shares of Neutral to Underweight with a $6 price target, while Citigroup downgraded shares from Neutral to Sell with a $5 price tar

Wednesday 11/18/2009 1:14 PM ET - MarketNewsVideo.com

Retailer Chico's (CHS) posted a third quarter profit of 13 cents per share, up from just a penny in the same quarter last year. Results were helped by a 12.8% increase in comparable store sales. Chico's shares rallied nearly 10%.

Wednesday 11/18/2009 12:33 PM ET - MarketNewsVideo.com

This morning, Goldman Sachs downgraded shares of Target (TGT) from Conviction Buy to Neutral as the firm is concerned that competition with Wal-Mart will not end well. As the company tries to win over customers in the discount retail sector, it has been forced to decreases prices. With margins shrinking, Goldman is worried the company will be unable to grow earnings and as a result has reduced its price target to $54 per share.

Earlier Headlines - view recent headlines
--/--

Bid/Size

--/--

Ask/Size

171.40

Price Open

172.83

Previous Close

172.44

Day High

170.01

Day Low

1.38

Beta (5yr)

193.60/10/14/09

52wk High/Date

47.41/11/21/08

52wk Low/Date

87.4 Billion

Market Capitalization

514.1 Million

Shares Outstanding

71.69

Volatility Avg (1 Year)

8.1 Million

Avg Vol (10 day)

14.0x

P/E Ratio

--

EPS (TTM)

0.35 (12/30/09)

Declared QRTR Div explain

0.82%

Yield

11/30/2009

Ex-Date

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Goldman Sachs Group Inc vs. Peers

Company Market Cap YTD Price Performance
GS

Goldman Sachs Group Inc

87.4B
+101.5%
BAC

Bank of America Corporation

139.2B
+14.3%
C

Citigroup Inc.

96.0B
-37.4%
MS

Morgan Stanley

43.6B
+100.1%
LEHMQ

Lehman Brothers Holdings Inc.

75.2M
+283.2%

Company Background

The Goldman Sachs Group, Inc. (Goldman Sachs) is a bank holding company and global investment banking, securities and investment management firm that provides services worldwide to corporations, financial institutions, governments and high-net-worth individuals. Its activities are divided into three segments: Investment Banking, Trading and Principal Investments, and Asset Management and Securities Services. On December 11, 2007, Credit-Based Asset Servicing and Securitization LLC, a sub-prime mortgage investor, completed the sale of its Litton Loan Servicing business to Goldman Sachs. In May 2008, MBF Healthcare Partners, LP and Goldman Sachs announced the acquisition of OMNI Home Care (OMNI), a provider of skilled nursing and therapy home healthcare services. MBF Healthcare Partners, LP and Goldman Sachs will share joint ownership of OMNI. In June 2008, its division, Goldman Sachs Urban Investment Group, and Cordova, Smart & Williams, LLC announced the acquisition of H2O Plus, LLC.

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