Goldman Sachs adds Jarden to preferred stocks list, predicts rebound in revenueSeptember 23rd, 2009 Goldman adds Jarden to 'Conviction Buy List'NEW YORK — An analyst added consumer and leisure products company Jarden Corp. to a list of preferred stocks on Wednesday, saying robust sales are forthcoming for the maker of coffee makers, heating pads and health merchandise, among other items.
Goldman Sachs shares hit 52-week high after Citi analyst predicts strong 3Q, ups price targetSeptember 11th, 2009 Goldman hits 52-week high after Citi hikes targetNEW YORK — Shares of Goldman Sachs Group Inc. hit a 52-week high in Friday trading before turning negative with the broader market.
Goldman Sachs buys 792,273 Bowne shares, about half of its option in public offeringAugust 20th, 2009 Goldman Sachs buys 792,273 Bowne sharesNEW YORK — Bowne & Co., which provides shareholder and marketing communications services, said Goldman Sachs, the underwriter on its offering of 10.5 million shares, bought another 792,273 shares in a transaction that closed on Wednesday. The initial offering and the shares sold to Goldman were both priced at $5.96.
Movers roundup: ASM International climbs on analyst upgrade, La-Z-Boy swings to 1Q profitAugust 19th, 2009 Movers roundup: ASM International, La-Z-BoyAmong the stock activity stories for Wednesday, Aug. 19, from AP Financial News:
NEW YORK (AP) — A Goldman Sachs analyst upgraded ASM International NV and added the Dutch maker of semiconductor equipment and materials to Goldman's Pan-Europe Conviction Buy List, sending the company's shares higher.
Shares of navigation-device maker Garmin fall after joining Goldman's 'Conviction Sell' listAugust 12th, 2009 Garmin shares fall after downbeat Goldman noteNEW YORK — Shares of Garmin Ltd. fell Wednesday, after Goldman Sachs predicted weakness in the market for personal navigation devices.
Seattle Genetics plans stock sale worth $106.6 million based on Monday's closeAugust 11th, 2009 Seattle Genetics plans to sell sharesBOTHELL, Wash. —Biotechnology company Seattle Genetics Inc.
Shares of apparel makers surge along with the general market after weak same-store salesAugust 7th, 2009 Sector snap: Apparel makers riseNEW YORK — Shares of apparel makers jumped on Friday, part of a broader market rally, a day after many reported weak same-store sales in July. On Thursday, retailers reported overall sales in stores open at least one year fell 5 percent in July, according to a tally by The International Council of Shopping Centers and Goldman Sachs.
Goldman analyst downgrades Lamar Advertising, says risk-reward 'unfavorable'August 4th, 2009 Goldman analyst downgrades Lamar AdvertisingNEW YORK — Shares of Lamar Advertising Co. edged only slightly lower Tuesday after a Goldman Sachs analyst downgraded the billboard operator, saying the company's shares are trading at a higher value than what they are worth.
Stock futures rise as earnings from Goldman Sachs, Intel boost economic recovery hopesJuly 15th, 2009 Stock futures rise on earnings reportsNEW YORK — Investors who have been looking for signs the economy is on the mend are pushing stock futures higher in the wake of better-than-expected earnings reports from Intel and Goldman Sachs. The upward move ahead of Wednesday's market opening in New York extends gains in overseas markets.
US stocks surge before wave of company earningsJuly 14th, 2009 NEW YORK - US stocks rose sharply Monday ahead of a series of quarterly earnings reports from major financial and company earnings. Financial shares drove the rally, led by Goldman Sachs after a prominent Wall Street analyst gave the bank's stock a "buy" rating.
FBI accuses former Goldman Sachs worker in New Jersey of stealing trade secretsJuly 6th, 2009 NJ man charged with stealing Goldman Sachs dataNEWARK, N.J. — Federal authorities have charged a computer programmer in New Jersey with stealing trade secrets from his former employer, Goldman Sachs.
Yum Brand shares jump after Goldman upgrades restaurant chain to 'Buy' from 'Neutral'July 1st, 2009 Yum shares jump after Goldman upgrades to 'Buy'NEW YORK — Yum Brands Inc. shares jumped 6 percent on Wednesday after a Goldman Sachs analyst upgraded the stock to "Buy" from "Neutral," based on a more positive outlook for the company's earning potential in the next year.
Goldman Sachs says Universal American stock price includes Medicare Advantage challengesJune 29th, 2009 Universal American rises following upgradeNEW YORK — Shares of health insurance provider Universal American Corp. advanced Monday following an upgrade from a Goldman Sachs analyst, who said the company's stock price more than reflects the difficulties Universal American faces.
Goldman Sachs director Friedman defends role at New York Fed at company's annual meetingMay 9th, 2009 Goldman director Friedman defends role at NY FedNEW YORK — Goldman Sachs director Stephen Friedman, who resigned Thursday as chairman of the Federal Reserve Bank of New York's board, defended his conduct Friday in serving in both posts. "I followed the rules as I always have," he said at Goldman Sachs' annual meeting Friday.
India to grow at 5.8 percent next fiscal: Goldman SachsJanuary 19th, 2009 NEW DELHI - India's economic growth will fall to 5.8 percent and inflation to one percent in the next fiscal, a Goldman Sachs report released Tuesday said. 'The Indian economy will go through a challenging time in 2009.