Penny Stock Exposure » goldman

BankUnited working with Goldman on possible sale

StockFrontRunners — Sat, 14 Jan 2012 01:28:59 +0000

Florida-based BankUnited Inc. BKU +3.23% has hired Goldman Sachs Group GS +0.13% to help explore a possible sale, Bloomberg Television reported Friday, citing a person with knowledge of the matter.

Shares of BankUnited, which failed in 2009 and was taken over by a group of investors including Blackstone BX -0.20% and the Carlyle Group, shot up 11% and triggered a circuit breaker in Friday afternoon trading.

An initial public offering for BankUnited, which priced in January 2011, valued the bank at $2.6 billion, according to previous reports.

SOURCE: http://www.marketwatch.com/story/bankunited-working-with-goldman-on-possible-sale-2012-01-13

Goldman co-head of asset management retires: NYT

StockFrontRunners — Sat, 03 Dec 2011 03:09:53 +0000

Goldman Sachs Group Inc.’s GS -0.05% co-head of asset management Edward Forst is retiring, the New York Times reported on its Dealbook blog Friday, citing an internal memo sent to employees.

The unit’s Chief Operating Officer Eric Lane will replace Forst and run the division with the other co-head, Tim O’Neill, the report said.

Full story at http://dealbook.nytimes.com/2011/12/02/top-goldman-sachs-executive-departs/

SOURCE: http://www.marketwatch.com/story/goldman-co-head-of-asset-management-retires-nyt-2011-12-02

Goldman Sachs cuts S&P 500 target to 1,400

StockFrontRunners — Mon, 08 Aug 2011 15:07:07 +0000

NEW YORK (MarketWatch) — Goldman Sachs Group Inc. GS -3.78% reduced its year-end price target for the Standard & Poor’s 500 Index to 1400 from 1450 due to lower gross domestic product growth estimates in the U.S., Europe and Asia.

The investment bank also lowered its 2012 earnings estimate to $102 a share from $104 after the S&P 500 fell 7.7% last week, but maintained its current-year estimate at $96.

“In hindsight, realized U.S. economic growth did not materialize to support the positive sentiment earlier in the year,” said Goldman Sachs’ analysts led by David Kostin, in a note to clients dated Aug. 5.

Goldman Sachs has no plans to make further changes following the decision by Standard & Poor’s to cut the U.S. credit rating for the first time in history, said Stuart Kaiser, an analyst with the firm.

SOURCE: http://www.marketwatch.com/story/goldman-sachs-cuts-sp-500-target-to-1400-2011-08-08

Netflix (NFLX) Shares Jump after Goldman Sachs Analyst Upgrades to “Buy”

StockFrontRunners — Wed, 16 Mar 2011 18:28:26 +0000

Netflix (Nasdaq: NFLX) shares jumped on Tuesday as a financial analyst from Goldman Sachs upgraded the stock to “buy” and increased its target price.

Originally posted here:
Netflix (NFLX) Shares Jump after Goldman Sachs Analyst Upgrades to “Buy”

Images of the Week: What’s up with Goldman Sachs?

StockFrontRunners — Sun, 23 May 2010 07:00:49 +0000

Below are a list of my favorite images/graphs of the weeks. Check them out and let me know what you think I guess when you are the best like Goldman people are always going to be out to get you

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Images of the Week: What’s up with Goldman Sachs?

The Top Banking Brand: Buy Goldman Sachs

StockFrontRunners — Wed, 10 Feb 2010 08:00:23 +0000

With banks slowly improving their stature within the financial world we have to look at who has the most recongizble brand and is one of the strongest buys. I say Goldman Sachs (GS) wins hands down and here’s why you should buy. My five reasons to own GS.

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The Top Banking Brand: Buy Goldman Sachs