International Business News - Goldman http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Credit ratings agency Moody's Investors Service late Thursday said it placed a negative outlook on the long-term rating of Goldman Sachs Group Inc. Goldman Sachs currently carries a senior debt rating of "Aa3," which is considered investment grade. http://www.ibtimes.com/articles/20081010/goldmans-outlook-revised-to-negative-by-moodys.htm Fri, 10 Oct 2008 07:33:12 EDT Goldman Sachs Group Inc. said Wednesday it closed a capital raise for a $10.5 billion fund that will provide senior secured loans. The fund, GS Loan Partners I, is the first senior debt fund of its kind raised by Goldman Sachs. The fund includes $1 billion of equity from Goldman Sachs and its employees. http://www.ibtimes.com/articles/20081008/goldman-sachs-raises-10-5-billion-for-new-fund.htm Wed, 08 Oct 2008 07:25:41 EDT Goldman Sachs Group Inc. said Friday that Edward Liddy has resigned from its board because of obligations he faces in his new role as chairman and chief executive officer of American International Group Inc. http://www.ibtimes.com/articles/20080926/goldman-sachs-board-member-edward-liddy-steps-down.htm Fri, 26 Sep 2008 12:26:30 EDT Goldman Sachs will likely use its new capital infusion to buy deposits from a troubled financial institution rather than broker the outright sale of a large bank, an analyst said Thursday. http://www.ibtimes.com/articles/20080925/analyst-goldman-to-use-funds-to-buy-deposits.htm Thu, 25 Sep 2008 13:08:35 EDT Among the premarket activity stories for Wednesday, Sept. 24, from AP Financial News: NEW YORK (AP)--Shares of Goldman Sachs Group Inc. rose in premarket trading Wednesday, a day after Warren Buffett said he was investing at least $5 billion in the bank and could double that stake. http://www.ibtimes.com/articles/20080924/premarket-roundup-goldman-sachs-mcdonalds.htm Wed, 24 Sep 2008 08:59:38 EDT Shares of Goldman Sachs Group Inc. rose in premarket trading Wednesday, a day after Warren Buffett said he was investing at least $5 billion in the bank and could double that stake. http://www.ibtimes.com/articles/20080924/ahead-of-the-bell-goldman-sachs-up-on-buffett.htm Wed, 24 Sep 2008 07:32:52 EDT Goldman Sachs Group Inc., seeking to improve not only its balance sheet but its standing with investors, has undertaken a huge capital-raising program that includes an investment of at least $5 billion from Warren Buffett and a common stock offering for another $5 billion. http://www.ibtimes.com/data/articleimgs/137219-goldman-sachs-berkshire.jpg http://www.ibtimes.com/articles/20080924/buffetts-berkshire-betting-5-billion-on-goldman.htm http://www.ibtimes.com/articles/20080924/buffetts-berkshire-betting-5-billion-on-goldman.htm Wed, 24 Sep 2008 16:43:28 EDT Warren Buffett's Berkshire Hathaway Inc. is investing at least $5 billion in Goldman Sachs, a huge vote of confidence for one of the survivors of the credit crisis that felled two of its investment banking peers. http://www.ibtimes.com/data/articleimgs/136987-goldman-sachs-berkshire.jpg http://www.ibtimes.com/articles/20080923/berkshire-buying-5-billion-stake-in-goldman-sachs.htm http://www.ibtimes.com/articles/20080923/berkshire-buying-5-billion-stake-in-goldman-sachs.htm Tue, 23 Sep 2008 22:43:24 EDT An analyst said Goldman Sachs Group Inc.'s move to a bank holding company structure should increase its flexibility to manage through the ongoing credit crisis, but will likely reduce return on equity during the next peak. http://www.ibtimes.com/articles/20080923/ahead-of-the-bell-goldman-sachs.htm Tue, 23 Sep 2008 09:09:57 EDT Investment bank Goldman Sachs Group Inc. received approval late Sunday to change its status to a bank holding company, which means it will operate like other traditional commercial banks going forward. http://www.ibtimes.com/data/articleimgs/136102-goldman-sachs.jpg http://www.ibtimes.com/articles/20080922/ahead-bell-goldman-sachs.htm http://www.ibtimes.com/articles/20080922/ahead-bell-goldman-sachs.htm Mon, 22 Sep 2008 07:17:16 EDT Goldman Sachs Group Inc. could be one of the biggest names on Wall Street to benefit from a possible government plan to take over bad assets on company's books. http://www.ibtimes.com/articles/20080919/ahead-of-the-bell-goldman-sachs-surges.htm Fri, 19 Sep 2008 09:18:34 EDT Among the premarket activity stories for Wednesday, Sept. 17, from AP Financial News: NEW YORK (AP)--Goldman Sachs Group Inc. reported its weakest quarter in a decade late Tuesday, but on Wednesday, analysts more mostly positive on the results and a government-backed bailout of insurer AIG. http://www.ibtimes.com/articles/20080917/premarket-roundup-goldman-sachs-tupperware.htm Wed, 17 Sep 2008 09:43:45 EDT Goldman Sachs Group Inc. reported its weakest quarter in a decade late Tuesday, but on Wednesday, analysts more mostly positive on the results and a government-backed bailout of insurer AIG. http://www.ibtimes.com/articles/20080917/ahead-of-the-bell-goldman-sachs.htm Wed, 17 Sep 2008 08:13:23 EDT Among the earnings stories for Tuesday, Sept. 16, from AP Financial News: NEW YORK (AP)--Goldman Sachs Group Inc., the larger of the nation's two remaining major independent investment banks, on Tuesday reported its worst slump in profits since going public in 1999. http://www.ibtimes.com/articles/20080916/earnings-roundup-goldman-sachs-kroger.htm Tue, 16 Sep 2008 19:19:40 EDT Goldman Sachs Group Inc., the world's largest investment bank, said Tuesday its third-quarter profit plunged 71 percent from a year earlier, an almost unthinkable drop for a firm widely described as the smartest on Wall Street. http://www.ibtimes.com/articles/20080916/goldman-sachs-3q-profit-falls-but-beats-view.htm Tue, 16 Sep 2008 18:10:45 EDT A Keefe, Bruyette & Woods analyst on Thursday cut her profit estimates on Goldman Sachs Group Inc. on expectations for lower equities trading revenue. http://www.ibtimes.com/articles/20080911/ahead-of-the-bell-goldman-sachs-estimates-cut.htm Thu, 11 Sep 2008 08:11:58 EDT Shares of Goldman Sachs Group Inc. fell Tuesday amid declines in the broader market and as an analyst cut profit estimates on the investment bank due to continued weakness in the credit and investment markets. http://www.ibtimes.com/articles/20080909/goldman-sachs-shares-fall-with-broader-market.htm Tue, 09 Sep 2008 17:08:37 EDT A William Blair & Co. analyst cut earnings estimates Tuesday on Goldman Sachs Group Inc., saying the investment bank continues to face challenges in the current credit environment. http://www.ibtimes.com/articles/20080909/ahead-of-the-bell-goldman-sachs.htm Tue, 09 Sep 2008 07:54:25 EDT Goldman Sachs Group Inc. shares fell Thursday, along with the broader market, after a Credit Suisse analyst cut her profit estimates on the firm, citing weak trading and investment banking activity. http://www.ibtimes.com/articles/20080904/goldman-sachs-slips-after-analyst-cuts-estimates.htm Thu, 04 Sep 2008 17:54:53 EDT Shares of Goldman Sachs Group Inc. rose Thursday, along with the broader market and despite an analyst cutting her price target and earnings estimates for the investment bank. http://www.ibtimes.com/articles/20080828/analyst-cuts-earnings-estimates-for-goldman.htm Thu, 28 Aug 2008 17:33:59 EDT