GS - The Goldman Sachs Group, Inc.
After hours:
| Previous close | 335.47 |
| Open | 335.21 |
| Bid | 335.52 x 1200 |
| Ask | 336.01 x 800 |
| Day's range | 332.54 - 336.20 |
| 52-week range | 277.84 - 389.58 |
| Volume | |
| Avg. volume | 2,374,782 |
| Market cap | 111.709B |
| Beta (5Y monthly) | 1.40 |
| PE ratio (TTM) | 11.97 |
| EPS (TTM) | 28.08 |
| Earnings date | 18 Jul 2023 |
| Forward dividend & yield | 10.00 (2.98%) |
| Ex-dividend date | 01 Mar 2023 |
| 1y target est | 387.14 |
- Financial Times
Musk’s refusal to pay rent adds to Goldman bad property loans
Goldman Sachs was hit by a surge in commercial real estate loan delinquencies in the first quarter, fuelled in part by Elon Musk’s refusal to pay Twitter’s rent. The value of loans to commercial real estate borrowers (CRE) behind on repayments climbed 612 per cent in the first quarter to $840mn, according to reports filed by Goldman’s licensed banking entity with the US Federal Deposit Insurance Commission.
ZacksGoldman Sachs BDC (GSBD) Outpaces Stock Market Gains: What You Should Know
Goldman Sachs BDC (GSBD) closed the most recent trading day at $13.84, moving +0.44% from the previous trading session.
Motley FoolGoldman Sachs has its head in the cloud
The financial institution is seeking to patent a system for "managed data services" on cloud platforms, helping them declutter in a way Kondo...
ReutersGoldman Sachs planning for sluggish growth, higher inflation
NEW YORK (Reuters) -Goldman Sachs Group Inc. is planning for a period of sluggish growth and higher inflation, the bank's president John Waldron said on Thursday, calling it "a mini-stagflation scenario." "We're planning for that scenario to be more likely, doesn't mean it will happen," he said. Despite the U.S. economy showing resilience, concerns remain among investors that a recession could happen in an environment of stubborn inflation and high borrowing costs.
WSJWhy a Copper Shortage Threatens EVs and Green Transition
The push for electrification is fueling a rush for copper. The non-precious metal is critical for electric vehicles, windmills and even the power grid. With a shortage looming, WSJ explains why copper is crucial to the global economy, and how its availability threatens a green-tech transition. Photo Illustration: Ali Larkin
- Reuters SG
Tokio Marine taps Goldman, Jefferies to sell $1bln Southeast Asia life insurance unit-sources
Japanese insurer Tokio Marine Holdings has picked Goldman Sachs and Jefferies to work on the sale of its Southeast Asia life insurance business worth $1 billion, two sources with knowledge of the transaction said. The Tokyo-listed company is preparing to launch a sale process within the next two months, according to one of the sources, declining to be identified as the matter is private. A sale could include Tokio Marine's life insurance businesses in Indonesia, Malaysia, Singapore and Thailand, said the other source.
- Investing.com
Dutch TTF rally driven by short positions, market vulnerable - Goldman Sachs
Investing.com - In recent sessions, the TTF in Amsterdam has seen a significant rally that has taken the July contract to touch €29 per MWh today with a rise of over 8% and 24% at the beginning of the week.
ZacksInvestors Heavily Search The Goldman Sachs Group, Inc. (GS): Here is What You Need to Know
Goldman (GS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- Financial Times
How many banks does it take to float an ash maker?
Eight, apparently:[WE Soda] has engaged J.P. Morgan Securities plc (which conducts its UK investment banking activities as J.P. Morgan Cazenove) (“J.P. Morgan”) as Sole Sponsor, Joint Global Co-ordinator and Joint Bookrunner, BNP PARIBAS (“BNPP”) and Goldman Sachs International (“Goldman Sachs”) as Joint Global Co-ordinators and Joint Bookrunners, and, Deutsche Bank AG, London Branch (“Deutsche Bank”), Liberum Capital Limited (“Liberum”), Morgan Stanley & Co.
ZacksGoldman Sachs (GS) Dips More Than Broader Markets: What You Should Know
In the latest trading session, Goldman Sachs (GS) closed at $321.81, marking a -0.57% move from the previous day.
ReutersGoldman Sachs Asset Management makes $600 million bid for Norway's Froy
Goldman Sachs Asset Management (GSAM) has offered 6.6 billion Norwegian crowns ($598.8 million) in cash to buy Norwegian aquaculture service group Froy, the two companies said in a statement on Monday. GSAM said it had reached a deal to buy a 72% stake in Froy from a unit of salmon farmer Salmar for 76.50 crowns per share, and will make a bid for the rest of the shares at the same price. Salmar in January this year said it was seeking potential buyers for the stake, and Froy's share price has since risen by almost 50% to close at 72 crowns on Friday.
Yahoo FinanceJPMorgan COO: 'There will be a recession at some point'
Two of the banking industry's top executives discussed the slowdown they expect to see this year on Wall Street.
CoinDeskApple and Goldman Sachs Don’t Trust Their New Banking Customers
“Security Reviews” are locking up Apple Savings accounts for weeks on end, as a blunt-force anti-money laundering system turns customers into suspects.
Yahoo Finance UKMy first boss: Romi Savova, PensionBee founder and CEO
Romi Savova left her job in investment banking in 2014 with a plan to simplify pension savings in the UK.
Yahoo FinanceGoldman making 'targeted' job cuts amid 'pretty difficult' Wall Street slump
The new cuts at the Wall Street giant amount to roughly 250 positions, following two previous rounds of layoffs.
- Financial Times
Goldman warns of new job cuts in ‘tougher environment’ on Wall Street
Goldman Sachs is preparing for “a tougher environment” by laying off more employees, which may help it surpass a $600mn savings target from job cuts, one of the bank’s top executives said on Thursday. The warning from Goldman president John Waldron underscores the increasingly gloomy outlook on Wall Street as rising interest rates have damped merger activity and the market for initial public offerings, while a recent trading boom has also fizzled. The Financial Times and others reported on Tuesday that Goldman was weighing cuts of fewer than 250 jobs across the bank, primarily at the managing director level, and may then look to do another round of performance-based reductions in September.
ReutersGoldman Sachs to cut more jobs, eyes sharp fall in markets revenue
NEW YORK (Reuters) -Goldman Sachs Group Inc plans to cut more jobs as a difficult economic environment weighs on dealmaking and trading revenue may slump 25% this quarter, the bank's president said on Thursday. "The macro backdrop is extraordinarily challenging," Goldman's president and chief operating officer, John Waldron, told investors at a conference, without specifying the scale of the layoffs. Goldman Sachs shares closed down 2.3% on Thursday, in contrast to the S&P 500 financial index, which rose 1.1% on the day.
ZacksGoldman Sachs (GS) to Slash Jobs in IB Division Amid Slump
In response to the global slump in deal-making, Goldman (GS) follows its peers to navigate industry headwinds by resorting to another round of layoffs in its IB division.
- Investing.com
HP, Hewlett Packard Enterprise and Goldman Sachs fall premarket; Avis rises
Investing.com -- Stocks in focus in premarket trade on Wednesday, May 31st. Please refresh for updates.
ZacksGoldman Sachs (GS) Stock Moves -0.36%: What You Should Know
In the latest trading session, Goldman Sachs (GS) closed at $330.83, marking a -0.36% move from the previous day.
- Financial Times
Goldman Sachs weighs fresh job cuts as dealmaking drought persists
Wall Street bank considers eliminating fewer than 250 employees after making deeper reductions earlier in the year
ReutersGoldman Sachs plans to cut under 250 jobs in coming weeks-source
The departures could be spread across seniority levels and include partners and managing directors, the source said. The layoffs were reported earlier by the Wall Street Journal. Goldman had 45,400 employees at the end of March.
ReutersGoldman head of sovereign business Powell McCormick moves to merchant bank
NEW YORK (Reuters) -Dina Powell McCormick, the head of Goldman Sachs Group Inc's sovereign business, is leaving to join merchant bank BDT & MSD Partners, the company said on Tuesday. Powell McCormick, one of the most senior women at Goldman, is joining the merchant bank as a partner, vice chairman and president of global client services, according to a statement from her new firm. The departure was reported earlier by the Wall Street Journal.
- Reuters SG
Vietnam's Mekong Capital plans Southeast Asia climate fund as early as 2024
Vietnam-focused private equity firm Mekong Capital is looking to build a climate fund worth up to $200 million as early as next year, focusing on investments that will help with the regeneration of forests in the Mekong region. The Ho Chi Minh City-based firm is setting up a team for the fund, which will look at businesses that will help restore forests including those involved in organic and seaweed farming in the Mekong region comprising Laos, Cambodia, Thailand and Vietnam, its founder and partner Chris Freund told Reuters. The climate fund is set to be the first to focus specifically on Southeast Asia with the launch coming at a time when investors globally are increasingly focusing on investments that can help in the fight against global warming.
- Financial Times
Goldman Sachs’s China dealmaker stops tapping US investors
Asian private equity business head says geopolitical tensions mean she raises cash from Middle East and Asia instead
