GOLDMAN SACHS

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Wall St slips on weak corporate results

Weaker-than-expected results from computer maker Dell and homebuilder D.R. Horton helped push stocks lower on Friday as Wall Street headed for its third straight day of losses.

Goldman holders seek bonus pool reduction: report

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Some big Goldman Sachs Group Inc shareholders have asked the U.S. bank to cut what could be the biggest bonuses in its history to pass more profit onto investors, the Wall Street Journal reported on Friday.
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Goldman Sachs makes 272 managing directors: source

Goldman Sachs Group Inc , in the spotlight over its controversial plans to pay billions of dollars in year-end bonuses to executives, has invited 272 executives to join the ranks of managing directors, a source familiar with the matter said.
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Phoenix Solar eyes partner in China

Phoenix Solar AG, one of Europe's largest solar power developers, is in talks to partner with a Chinese firm to push its business in China, said a company executive.
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Wall Street profits revive, bank bonuses may jump

New York Stock Exchange member firms earned a record $35.7 billion for their broker-dealer operations in the first six months of this year, which is 1-1/2 times above the previous high-water mark set in 2000, the state comptroller said in a report on Tuesday.
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NY Fed failed to negotiate AIG concessions: audit

The Federal Reserve Bank of New York used a weak negotiating strategy that failed to wring concessions from AIG trading partners last year, allowing them to reap nearly $30 billion in payments from U.S. taxpayers, a government audit report said on Monday.
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NY Fed failed to negotiate AIG concessions

The Federal Reserve Bank of New York used a weak negotiating strategy that failed to wring concessions from AIG trading partners last year, allowing them to reap nearly $30 billion in payments from U.S. taxpayers, a government audit report said on Monday.
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Futures rise as dollar slides, commodities gain

U.S. stock index futures gained on Monday, taking a cue from rising global markets, as a weaker dollar lifted commodity prices in a boost to natural resource stocks and investors looked ahead to economic data and a speech by the Federal Reserve chairman.
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Gold rallies to record high as dollar slips

Gold shot to a record high on Wednesday as the dollar slipped to its lowest in more than a year and analysts predict further gains for the precious metal on the U.S. unit's persistent weakness.
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Daily Wrap Up - Nov 8

Dollar May Be Under Pressure; Investors Eye Retail Sales; NBC Universal's Valuation
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Goldman Sachs boss says banks do God's work

The chief executive of Goldman Sachs, which has attracted widespread media attention over the size of its staff bonuses, believes banks serve a social purpose and are doing God's work.
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Wall Street firms skittish about RUSAL IPO: report

Wall Street firms are in a quandary about getting involved with a planned public offering of Russian aluminum producer UC RUSAL because its founder has been barred from getting a U.S. visa on account of allegations that he is connected to organized crime, the Wall Street Journal reported on Saturday.
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Dollar General set to price at rich valuation

Dollar General is set to go public next week, but the discount retailer could see mixed results in its closely watched initial public offering as its private equity backers have valued the company richly.
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Berkshire Hathaway's net income triples

Warren Buffett's Berkshire Hathaway Inc on Friday said quarterly earnings tripled, as rising stock markets boosted its investment holdings and a quiet hurricane season contributed to higher insurance profit.
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Warren Buffett's Berkshire says net income triples

Warren Buffett's Berkshire Hathaway Inc on Friday said third quarter net income tripled, as rising stock markets boosted its investment holdings and a quiet hurricane season contributed to higher insurance profit.
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Korea Life may raise around $2 bln in IPO-sources

Korea Life Insurance Co., the country's No. 2 life insurer, may raise around $2 billion through its public offering, sources with direct knowledge of the matter said, in what would be Korea's largest IPO since 2006.
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Fannie Mae posts $18.9 billion Q3 loss, taps Treasury

Fannie Mae, the largest provider of funding for U.S. home loans, said on Thursday bad mortgages and a federal foreclosure prevention program left it with a $18.9 billion loss, forcing it to tap the Treasury again to plug a hole in its net worth.
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IMS agrees to $4 bln deal, biggest LBO this year

Private equity firm TPG and the Canada Pension Plan struck on Thursday the biggest leveraged buyout deal of this year, worth $4 billion, to buy prescription drug sales data provider IMS Health Inc.

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