U.S. crude price could top $90 a barrel this autumn and hit $95 by the end of the year if OPEC keeps oil production capped at current levels, Goldman Sachs said in a report issued on Monday.
Australian engineering services firm United Group Ltd. said Wednesday it had acquired US-based UNICCO Service Company (UNICCO) for $477 million (US$411 million) in a cash and stock deal.
Fast Retailing's surprise $900 million bid for Jones Apparel Group's Barneys New York underscores the Japanese clothing retailer's dream to become a global player and find growth outside its mature home market.
Och-Ziff Capital Management Group LLC, a multi-strategy investment fund with about $26.8 billion under management, filed for an initial public offering on Monday, making it the latest alternative investment firm to seek a public listing.
British cable operator Virgin Media has appointed Goldman Sachs to seek a possible buyer after it received approaches from various private equity firms, people familiar with the situation said on Sunday.
Best Buy Co. Inc. said on Wednesday that it would open more North American stores than previously planned, buy back $5.5 billion in stock and raise its dividend 30 percent.
Guitar Center Inc. said it agreed to be acquired by private equity firm Bain Capital Partners LLC for about $2.1 billion, including assumed debt.
Goldman Sachs is selling its 30.48 percent stake in South Korean cable TV operator C&M, valued at $970 million, a newspaper said on Monday, in the latest sale of Korean assets by foreign investment firms.
It was Wall Street's version of hide and seek this week as some of the world's largest investment banks remained tight-lipped on the likely fall in price of some complex securities that may soon infect global debt and equity markets.
Blackstone Group LP (NYSE: BX) units rose 13 percent in their first day of trading on Friday, as the first major U.S. private-equity firm went public and minted billions of dollars of new wealth for its founders.
Goldman Sachs’ (NYSE: GS) real estate fund, Whitehall, has agreed to acquire hotel owner Equity Inns, Inc. (NYSE: ENN) in a deal worth $1.27 billion, not including debt, the companies announced Thursday.
Morgan Stanley on Wednesday said its second-quarter profit rose 40 percent, trouncing expectations as most of its trading and investment-banking businesses achieved record results.
Stocks were little changed on Monday as lingering worries about the subprime mortgage market offset optimism about corporate takeovers.
Lehman Brothers's lagging stock price offers the chance to buy into a rising power as it seeks to join the company of larger investment banks like Goldman Sachs and Morgan Stanley, Barron's reported in its June 18 edition.
Goldman Sachs Group Inc. and Bear Stearns Cos. Inc. are learning that it's a tough time to be in the U.S. mortgage business. Both banks suffered from rising home buyer defaults in the latest quarter.
Goldman Sachs Group Inc. barely managed to show a rise in quarterly profit as a sharp drop in fixed income trading revenue offset record investment banking fees and strong equities income.
U.S. stocks rose on Thursday as a gain of more than $1 a barrel in oil prices boosted shares of energy companies, including Exxon Mobil Corp., offsetting disappointment over profit reports from Bear Stearns and Goldman Sachs.
Investment bank Bear Stearns Cos. Inc., one of the nation's largest mortgage bond underwriters, said on Thursday quarterly earnings fell by a third as trouble in the mortgage market hurt bond trading revenue and it wrote down assets at a stock trading venture.
Should China's CITIC Securities command a valuation four times that of Goldman Sachs?
Merchants Securities Co., the brokerage arm of China's top port operator Merchants Group, has hired Chinese joint ventures of UBS and Goldman Sachs to underwrite its proposed domestic IPO, sources close to the situation said on Wednesday.
Shares of Affiliated Computer, Inc. (NYSE: ACS) rose on Monday, a day after news that the company was open to additional buyout bids.
Hard disk parts provider Komag Inc. (NASDAQ: KOMG) lowered its second quarter guidance on Wednesday, saying market pressures and product transitions have negatively impacted its quarter.