Latest Goldman Sachs Group Inc News
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Monday: Medial Properties Trust Inc., up 75 cents to $4.74. The health care facilities owner is selling a majority interest in five Utah hospitals for about $1.1 billion. ...
A strong quarter for Wall Street lifts Goldman's first-quarter results
NEW YORK (AP) — Goldman Sachs said it saw a double digit rise in its first quarter profits on Monday, lifted broadly by the stock and bond markets' performances in the first months of the year. The strong quarter comes after Goldman struggled most of 2023 as higher interest rates...
Goldman: Q1 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Goldman Sachs Group Inc. (GS) on Monday reported first-quarter net income of $4.13 billion. The New York-based company said it had earnings of $11.58 per share. The results topped Wall Street expectations. The average estimate of...
Mnuchin’s interest in TikTok and distressed NY bank echoes his pre-Trump investment playbook
NEW YORK (AP) — It seems like a bizarre mishmash: A former Trump cabinet official is saying he wants to buy TikTok just days after leading a group that pumped $1 billion into a beaten-down bank. But it all actually fits in with the complicated career of Steven Mnuchin. The man who...
A billionaire-backed campaign for a new California city is off to a bumpy start. Again
SAN FRANCISCO (AP) — After two false starts, the billionaires behind a plan to build an eco-friendly city from scratch are behind schedule to put their proposal before California voters this November. Former Goldman Sachs trader Jan Sramek unveiled his closely guarded ballot...
Amazon joins 29 other 'blue chip' companies in the Dow Jones Industrial Average
Amazon.com Inc. is joining the ranks of one of Wall Street's oldest and most exclusive stock indexes: The Dow Jones Industrial Average. The e-commerce pioneer will officially take its position among the 30-company Dow before the open of trading Monday, replacing drugstore operator...
Turkey's new central bank chief assures that work to combat inflation will press on
ANKARA, Turkey (AP) — The work to tame inflation in Turkey — namely through interest rate hikes — will continue “with determination,” the country’s new central bank chief said Thursday, offering some certainty about efforts to right the battered economy following his precedessor's...
Turkey has another new central bank leader. Here's what it means for the battered economy
ISTANBUL (AP) — Turkey has seen its fifth central bank leader depart in as many years as Hafize Gaye Erkan, the first woman in the top role, stepped down after just eight months in the job. She announced her resignation late Friday after recent claims of nepotism emerged in local...
Billionaire backers of new California city seek voter approval after stealthily snapping up farmland
RIO VISTA, Calif. (AP) — After years of secretly snapping up farmland for a new city northeast of San Francisco, the CEO of a company backed by Silicon Valley billionaires pitched voters Wednesday on his vision for a walkable, affordable community that would appeal to their California pride. ...
