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Goldman Sachs Group Inc (GS.N)

GS.N on New York Stock Exchange

251.96USD
20 Apr 2018
Change (% chg)

$-2.21 (-0.87%)
Prev Close
$254.17
Open
$254.10
Day's High
$255.64
Day's Low
$251.50
Volume
793,871
Avg. Vol
879,921
52-wk High
$275.29
52-wk Low
$209.66

Latest Key Developments (Source: Significant Developments)

Goldman Sachs CEO Blankfein, On Trade Wars, Says U.S And China Need To Work Things Out - CNBC
Wednesday, 18 Apr 2018 

April 18 (Reuters) - :GOLDMAN SACHS CEO BLANKFEIN SAYS HE HAS NOT ANNOUNCED ANYTHING ABOUT WHEN HE WILL LEAVE CO, NO DEFINITIVE TIMELINE FOR SUCCESSION RIGHT NOW - CNBC.GOLDMAN SACHS CEO BLANKFEIN SAYS HIS EXPECTATION IS GOLDMAN SACHS COO DAVID SOLOMON WILL SUCCEED HIM - CNBC.GOLDMAN SACHS CEO BLANKFEIN SAYS PROSPECTS FOR MARKETS LOOK GOOD - CNBC.GOLDMAN SACHS CEO BLANKFEIN, ON TRADE WARS, SAYS U.S AND CHINA NEED TO WORK THINGS OUT; BROADER TRADE WAR WOULD BE HARMFUL - CNBC.  Full Article

Goldman Sachs Q1 EPS $6.95
Tuesday, 17 Apr 2018 

April 17 (Reuters) - Goldman Sachs Group Inc ::GOLDMAN SACHS REPORTS FIRST QUARTER EARNINGS PER COMMON SHARE OF $6.95 AND INCREASES THE QUARTERLY DIVIDEND TO $0.80 PER COMMON SHARE.QTRLY NET REVENUE $10.04 BILLION VERSUS. $8.03 BILLION REPORTED LAST YEAR.QTRLY ANNUALIZED ROE WAS 15.4 PERCENT VERSUS. 11.4 PERCENT REPORTED LAST YEAR.Q1 EARNINGS PER SHARE VIEW $5.58, REVENUE VIEW $8.74 BILLION -- THOMSON REUTERS I/B/E/S.NON-COMPENSATION EXPENSES WERE $2.50 BILLION FOR THE FIRST QUARTER OF 2018, 14 PERCENT HIGHER.QTRLY NET REVENUES IN FIXED INCOME, CURRENCY AND COMMODITIES CLIENT EXECUTION WERE $2.07 BILLION, 23 PERCENT HIGHER THAN Q1 OF 2017.NET REVENUES IN INVESTMENT BANKING WERE $1.79 BILLION FOR THE FIRST QUARTER OF 2018, 5 PERCENT HIGHER THAN THE FIRST QUARTER OF 2017.QTRLY NET REVENUES IN EQUITIES WERE $2.31 BILLION, 38 PERCENT HIGHER THAN THE FIRST QUARTER OF 2017.QTRLY TOTAL OPERATING EXPENSES $6,617 MILLION VERSUS $5,487 MILLION REPORTED LAST YEAR.GOLDMAN SACHS' BLANKFEIN SAYS "SOLID PERFORMANCE ACROSS OUR BUSINESSES PRODUCED STRONG RETURNS IN THE FIRST QUARTER".INCREASED QUARTERLY DIVIDEND TO $0.80 PER COMMON SHARE FROM $0.75 PER COMMON SHARE.EFFECTIVE INCOME TAX RATE FOR THE FIRST QUARTER OF 2018 WAS 17.2 PERCENT, DOWN FROM THE FULL YEAR RATE OF 61.5 PERCENT FOR 2017.QTRLY REVS IN FIXED INCOME, CURRENCY & COMMODITIES CLIENT EXECUTION UP ON HIGHER NET REVS IN CURRENCIES, COMMODITIES, CREDIT PRODUCTS.  Full Article

Marcus By Goldman Sachs Announces Acquisition Of Clarity Money
Monday, 16 Apr 2018 

April 16 (Reuters) - Goldman Sachs Group Inc ::MARCUS BY GOLDMAN SACHS® ANNOUNCES ACQUISITION OF CLARITY MONEY.  Full Article

Goldman, Barclays Interested In Buying Commerzbank's ETF Unit- Handelsblatt‍​
Friday, 26 Jan 2018 

Jan 25 (Reuters) - :GOLDMAN, BARCLAYS, SOCIÉTÉ GÉNÉRALE HAVE EXPRESSED INTEREST IN BUYING EQUITIES AND COMMODITIES DIVISION OF COMMERZBANK- HANDELSBLATT, CITING SOURCES‍​.  Full Article

Visible Alpha Says Raises $38 Mln In New Funding Round
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Goldman Sachs Group Inc ::VISIBLE ALPHA SAYS RAISES $38 MILLION IN NEW FUNDING ROUND, LED BY GOLDMAN SACHS.  Full Article

Goldman Sachs Q4 2017 Adj Shr $5.68
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Goldman Sachs Group Inc ::GOLDMAN SACHS - FOURTH QUARTER LOSS PER COMMON SHARE WAS $5.51.GOLDMAN SACHS - FOURTH QUARTER NET REVENUES WERE $7.83 BILLION VERSUS $8.17 BILLION REPORTED LAST YEAR.GOLDMAN SACHS - EXCLUDING TAX LEGISLATION, FOURTH QUARTER EARNINGS PER COMMON SHARE WERE $5.68.Q4 EARNINGS PER SHARE VIEW $4.91, REVENUE VIEW $7.61 BILLION -- THOMSON REUTERS I/B/E/S.GOLDMAN SACHS QTRLY TOTAL OPERATING EXPENSES $4,726 MILLION VERSUS $4,773 MILLION.GOLDMAN SACHS QTRLY NET REVENUE IN INVESTMENT BANKING $2.14 BILLION, UP 44 PERCENT.GOLDMAN SACHS - NET REVENUES IN INSTITUTIONAL CLIENT SERVICES $2.37 BILLION FOR Q4 2017, 34% LOWER THAN Q4 2016 AND 24% LOWER THAN Q3 2017.GOLDMAN SACHS - NON-COMPENSATION EXPENSES WERE $2.57 BILLION FOR Q4 , 10% HIGHER.GOLDMAN SACHS - NET REVENUES IN FIXED INCOME, CURRENCY AND COMMODITIES CLIENT EXECUTION WERE $1.00 BILLION FOR Q4 2017, 50% LOWER THAN Q4 2016.GOLDMAN SACHS - IN QUARTER, NET REVENUES IN EQUITIES WERE $1.37 BILLION, 14% LOWER THAN THE FOURTH QUARTER OF 2016.GOLDMAN SACHS - DURING 2017, EQUITIES OPERATED IN ENVIRONMENT OF RISING GLOBAL EQUITY PRICES, WHILE VOLATILITY LEVELS, CLIENT ACTIVITY REMAINED LOW.GOLDMAN SACHS -QTRLY FIXED INCOME,CURRENCY & COMMODITIES CLIENT EXECUTION REVS DOWN ON LOWER REVS IN CURRENCIES,CREDIT PRODUCTS, INTEREST RATE PRODUCTS, COMMODITIES.GOLDMAN SACHS - ON JAN 16, BOARD DECLARED A DIVIDEND OF $0.75 PER COMMON SHARE.  Full Article

Carlyle Group Says Wanlin Liu Has Joined The Carlyle Asia Private Equity Team As Managing Director
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Carlyle Group Lp ::THE CARLYLE GROUP SAYS WANLIN LIU HAS JOINED THE CARLYLE ASIA PRIVATE EQUITY TEAM AS MANAGING DIRECTOR.CARLYLE GROUP SAYS PRIOR TO JOINING CARLYLE, LIU WAS MANAGING DIRECTOR OF THE PRINCIPAL INVESTMENT AREA OF GOLDMAN SACHS IN ASIA.  Full Article

Goldman's Commodity Revenue Drops 75 pct In 2017 - Bloomberg
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - :GOLDMAN SACHS GROUP INC'S COMMODITIES UNIT NET REVENUES FELL ABOUT 75 PERCENT IN 2017 - BLOOMBERG CITING SOURCES.  Full Article

Lucid Energy Group Agrees To Sell Delaware Basin Subsidiary To Riverstone Holdings, Goldman Sachs Merchant Banking Division For $1.6 Billion
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Lucid Energy:​ :PRESS RELEASE - LUCID ENERGY GROUP AGREES TO SELL DELAWARE BASIN SUBSIDIARY TO RIVERSTONE HOLDINGS LLC AND GOLDMAN SACHS MERCHANT BANKING DIVISION FOR $1.6 BILLION.LUCID ENERGY​ SAYS TRANSACTION INCLUDES COMMITTED DEBT FINANCING PROVIDED BY JEFFERIES LLC.‍LUCID ENERGY​ SAYS LUCID II WILL RETAIN ITS NAME AND OPERATE AS A RIVERSTONE AND GOLDMAN SACHS MBD PORTFOLIO COMPANY.  Full Article

Goldman Sachs Sees Enactment Of Tax Legislation To Reduce About $5 Bln In Earnings For Q4 And Year Ending Dec 31
Friday, 29 Dec 2017 

Dec 29 (Reuters) - Goldman Sachs Group Inc ::GOLDMAN SACHS - ESTIMATES ENACTMENT OF TAX LEGISLATION WILL RESULT IN REDUCTION OF ABOUT $5 BILLION IN FIRM'S EARNINGS FOR Q4 AND YEAR ENDING DEC 31.GOLDMAN SACHS - TWO-THIRDS OF THE ESTIMATED $5 BILLION REDUCTION IN Q4 AND FY EARNINGS IS DUE TO REPATRIATION TAX - SEC FILING.GOLDMAN- REMAINING ESTIMATED REDUCTION IN Q4,FY EARNINGS DUE TO TERRITORIAL TAX SYSTEM,REMEASUREMENT OF DEFERRED TAX ASSETS AT LOWER CORPORATE TAX RATES.  Full Article

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Crypto trading tumbles as investment scramble unwinds

LONDON Trading activity on cryptocurrency exchanges has halved from its December peak, industry data shows, as retail interest in the virtual coins declines and the prices of many remain far below their recent highs.