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Goldman Sachs Group Inc (GS.N)

GS.N on New York Stock Exchange

209.90USD
22 Oct 2019
Change (% chg)

$0.65 (+0.31%)
Prev Close
$209.25
Open
$209.59
Day's High
$209.95
Day's Low
$208.31
Volume
58,947
Avg. Vol
600,109
52-wk High
$234.05
52-wk Low
$151.70

Latest Key Developments (Source: Significant Developments)

‍Clearwater Launches New Platform With Goldman Sachs for Liquidity Management
Monday, 21 Oct 2019 

Oct 21 (Reuters) - ‍clearwater::‍CLEARWATER - ANNOUNCED LAUNCH OF A NEW PLATFORM CONNECTION IN PARTNERSHIP WITH GOLDMAN SACHS & CO. LLC AND GOLDMAN SACHS ASSET MANAGEMENT​.  Full Article

Goldman Sachs Expects To Grow Consumer Bank By $10 Bln In Deposits Annually, Says CFO
Tuesday, 15 Oct 2019 

Oct 15 (Reuters) - Goldman Sachs Group Inc ::INVESTMENTS IN UBER, AVANTOR, TRADEWEB MARKETS <<>> "PRIMARY DRIVERS" OF $267 MILLION LOSS -CFO .WILL UNVEIL BANK'S STRATEGIC REVIEW IN LATE JANUARY -CHIEF EXECUTIVE DAVID SOLOMON.CFO SAYS PRIVATE PORTFOLIO HAD $80 MILLION MARK IN THE QUARTER FROM BANK'S INVESTMENT IN WE COMPANY.CFO SAYS LOAN LOSS PROVISIONS FOR CONSUMER BANK'S UNSECURED LOAN PORTFOLIO ARE FLAT FROM SECOND QUARTER.EXPECTS TO GROW ITS CONSUMER BANK BY $10 BILLION IN DEPOSITS ANNUALLY -CFO.CEO SAYS "NOT...FOCUSED" ON ACQUIRING A DISCOUNT BROKERAGE AS A WAY TO GROW WEALTH MANAGEMENT.  Full Article

Goldman Sachs Reports Third Quarter Earnings Per Common Share Of $4.79
Tuesday, 15 Oct 2019 

Oct 15 (Reuters) - Goldman Sachs Group Inc ::GOLDMAN SACHS REPORTS THIRD QUARTER EARNINGS PER COMMON SHARE OF $4.79.GOLDMAN SACHS - NET REVENUES WERE $8.32 BILLION FOR THE THIRD QUARTER OF 2019, 6% LOWER THAN THE THIRD QUARTER OF 2018.Q3 EARNINGS PER SHARE VIEW $4.81, REVENUE VIEW $8.31 BILLION -- REFINITIV IBES DATA.GOLDMAN SACHS - NET REVENUES IN INSTITUTIONAL CLIENT SERVICES WERE $3.29 BILLION FOR THIRD QUARTER OF 2019, 6% HIGHER THAN THE THIRD QUARTER OF 2018.GOLDMAN SACHS - OPERATING EXPENSES WERE $5.62 BILLION FOR Q3, ESSENTIALLY UNCHANGED.GOLDMAN SACHS - QTRLY NET REVENUES IN FIXED INCOME, CURRENCY AND COMMODITIES (FICC) CLIENT EXECUTION WERE $1.41 BILLION, 8% HIGHER.GOLDMAN SACHS - NET REVENUES IN INVESTMENT BANKING WERE $1.69 BILLION FOR THE THIRD QUARTER OF 2019, 15% LOWER THAN THE THIRD QUARTER OF 2018.GOLDMAN SACHS - QTRLY NET PROVISIONS FOR LITIGATION AND REGULATORY PROCEEDINGS WERE $47 MILLION VERSUS $136 MILLION.GOLDMAN SACHS - QTRLY NET REVENUES IN EQUITIES WERE $1.88 BILLION, 5% HIGHER.GOLDMAN SACHS - HEADCOUNT INCREASED 6% DURING Q3, PRIMARILY REFLECTING TIMING OF CAMPUS HIRES, ACQUISITION OF UNITED CAPITAL.GOLDMAN SACHS - QTRLY NET REVENUES IN EQUITIES ROSE DUE TO HIGHER COMMISSIONS AND FEES, REFLECTING INCREASED CLIENT ACTIVITY.GOLDMAN SACHS - DURING QUARTER, FICC CLIENT EXECUTION OPERATED IN AN ENVIRONMENT GENERALLY CHARACTERIZED BY SOLID CLIENT ACTIVITY.  Full Article

GitLab says Completed $268 Mln Series E Round Of Funding
Tuesday, 17 Sep 2019 

Sept 17 (Reuters) - GitLab::GITLAB SAYS RECENT FUNDING ROUND WAS LED BY ICONIQ CAPITAL AND GOLDMAN SACHS.GITLAB SAYS ROUND ALSO HAD PARTICIPATION FROM EXISTING INVESTOR Y COMBINATOR CONTINUITY FUND.GITLAB SAYS COMPLETED $268 MILLION SERIES E ROUND OF FUNDING VALUING CO AT $2.75 BILLION.GITLAB SAYS CO HAS PLANS TO GO PUBLIC NEXT YEAR.GITLAB SAYS CO HAS RAISED $426 MILLION TO DATE.GITLAB SAYS ROUND ALSO INCLUDED NEW INVESTORS ADAGE CAPITAL, FRANKLIN TEMPLETON, TIGER GLOBAL MANAGEMENT, AMONG OTHERS.  Full Article

Goldman Plots Public Listing For 3.5 Bln Stg Student Housing Group iQ - Sky News
Sunday, 8 Sep 2019 

Sept 8 (Reuters) - :GOLDMAN PLOTS PUBLIC LISTING FOR £3.5BN STUDENT HOUSING GROUP IQ - SKY NEWS.  Full Article

As Many As Dozen Goldman Partners Are Negotiating Their Exits From Goldman - WSJ
Thursday, 5 Sep 2019 

Sept 4 (Reuters) - :AS MANY AS A DOZEN GOLDMAN PARTNERS ARE NEGOTIATING THEIR EXITS FROM GOLDMAN SACHS AND LIKELY TO DEPART BY YEAR’S END - WSJ.GOLDMAN CEO DAVID SOLOMON IN SOME CASES IS DELIBERATELY CULLING UPPER RANKS HE SEES AS BLOATED - WSJ, CITING SOURCES.  Full Article

Cityfibre Among Bidders Battling To Take Control Of FibreNation-Sky News
Wednesday, 28 Aug 2019 

Aug 28 (Reuters) - :CITYFIBRE AMONG BIDDERS BATTLING TO TAKE CONTROL OF FIBRENATION-SKY NEWS.  Full Article

Goldman Sachs Qtrly EPS $5.81
Tuesday, 16 Jul 2019 

July 16 (Reuters) - Goldman Sachs Group Inc ::GOLDMAN SACHS - QTRLY EARNINGS PER SHARE $5.81.GOLDMAN SACHS - QTRLY NET REVENUES WERE $9.46 BILLION FOR THE SECOND QUARTER OF 2019, 2% LOWER THAN THE SECOND QUARTER OF 2018.GOLDMAN SACHS - QTRLY NET REVENUES IN FIXED INCOME, CURRENCY AND COMMODITIES CLIENT EXECUTION WERE $1.47 BILLION, 13% LOWER.GOLDMAN SACHS - NET PROVISIONS FOR LITIGATION & REGULATORY PROCEEDINGS FOR Q2 2019 WERE $66 MILLION VERSUS $148 MILLION Q2 2018.GOLDMAN SACHS QTRLY REVENUE FROM INVESTMENT BANKING $1.86 BILLION, DOWN 9%.GOLDMAN SACHS - QTRLY NET REVENUES IN EQUITIES WERE $2.01 BILLION, 6% HIGHER THAN THE SECOND QUARTER OF 2018.GOLDMAN SACHS QTRLY OPERATING EXPENSES $6.12 BILLION, FLAT YEAR OVER YEAR.Q2 EARNINGS PER SHARE VIEW $4.89, REVENUE VIEW $8.83 BILLION -- REFINITIV IBES DATA.GOLDMAN SACHS- QTRLY FALL IN REVENUES IN FICC REFLECTS LOWER NET REVENUES IN INTEREST RATE PRODUCTS,CURRENCIES & LOWER NET REVENUES IN CREDIT PRODUCTS.GOLDMAN SACHS - IN QUARTER, FICC CLIENT EXECUTION OPERATED IN AN ENVIRONMENT CHARACTERIZED BY GENERALLY LOW LEVELS OF VOLATILITY AND LOW CLIENT ACTIVITY.GOLDMAN SACHS - IN QUARTER, EQUITIES OPERATED IN ENVIRONMENT GENERALLY CHARACTERIZED BY IMPROVED CLIENT ACTIVITY COMPARED WITH THE FIRST QUARTER OF 2019..  Full Article

HSBC To Appoint Morgan Stanley As Joint Corporate Broker, Replacing Goldman Sachs - Sky News
Tuesday, 4 Jun 2019 

June 4 (Reuters) - :HSBC HOLDINGS TO APPOINT MORGAN STANLEY AS JOINT CORPORATE BROKER, REPLACING ARCH-RIVAL GOLDMAN SACHS - SKY NEWS CITY EDITOR.  Full Article

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Goldman Sachs lowers forecast 2020 U.S. shale oil output growth

Goldman Sachs wound back its forecast for growth in U.S. shale output in 2020, and slightly reduced its outlook for 2020 global oil demand growth.