Posts filtered by tags: Goldman[x]


 

Goldman works out best times to enter, exit earnings trades

As earnings season powers ahead, the question of when to enter and exit stock trades has been answered by Goldman Sachs Group.
Tags: Business, News, Goldman


Goldman Works Out Best Times to Enter, Exit Earnings Trades

“The five days preceding the earnings day offer the most attractive days to access liquidity in a single stock,” Goldman strategists led by John Marshall wrote in a note. The study comes as Goldman has seen an improvement in broad liquidity metrics over the last three months after declines to multi-year lows at the end of 2018. In a research note in December, strategists led by Marshall and Rocky Fishman said the divergence between 2018’s heightened equity volatility and relative economic stab...
Tags: Science, Goldman, Marshall, John Marshall, Goldman Works Out Best Times, Rocky Fishman


BNY Mellon's head of fintech partnerships explains how working to secure crypto isn't much different from holding gold bars

As the 'concept of money' evolves, custodian banks like 234-year-old BNY Mellon are changing in tandem, Lucien Foster, the firm's head of fintech partnerships, said in a recent Business Insider interview.  The banks used to store gold, money, paper stock certificates, and other valuables in large vaults. Now, with the advent of cryptocurrency, Foster explains how they're catching up to become custodians for a new valuable asset.  Foster was recently listed as one of Business Insider's 100 Peop...
Tags: North Korea, Wall Street, Trends, Fidelity, Goldman, Foster, Kim Jong, BNY Mellon, Lucien Foster


Goldman offers fresh details on overhaul progress as revenue slides

Goldman Sachs Group Inc offered new tidbits about its sweeping operational overhaul when reporting first-quarter results on Monday, but investors focused on revenue declines across nearly all its main businesses, sending shares lower.
Tags: Money, businessNews, Goldman, Goldman Sachs Group Inc


Goldman profits fall 21% from year ago, hurt by trading

NEW YORK (AP) — Goldman Sachs said its first quarter earnings fell by 21% from a year earlier, hurt by a slowdown in trading. The investment bank earned a profit of $2.25 billion, or $5.71 a share, down from a profit of $2.83 billion, or $6.95 a share, in the same period a year earlier. […]
Tags: Business, New York, News, Ap, Goldman Sachs, Goldman


Critic’s Notebook: The Art of Rock: Four Museums Explore How We Connect to Music

Shows about Leonard Cohen, instruments, punk graphics and punk sexual energy highlight the bonds between listeners and creators.
Tags: Art, News, Ny, Goldman, Leonard Cohen, Musical instruments, Metropolitan Museum Of Art, Cohen, Leonard, Museum of Sex, Museum of Arts and Design, Pop and Rock Music, Jewish Museum (Manhattan, Vivien (1954-


Volkswagen eyes big stake in China partner JAC, taps Goldman: sources

Volkswagen AG is exploring purchasing a big stake in its Chinese electric vehicle joint venture partner JAC Motors and has tapped Goldman Sachs as an adviser on the plan, people with direct knowledge of the matter said.
Tags: Money, China, businessNews, Goldman Sachs, Volkswagen, Goldman, Volkswagen AG, Jac, JAC Motors


Recap of the Copyright Office’s Section 512 Study Roundtable

On Monday, I participated in a Copyright Office roundtable regarding their long-delayed report on Section 512. The roundtable was intended to update the study’s record from 2017, when progress stalled on the report. Thus, the topic nominally was to discuss how the law, especially the caselaw, had changed in the intervening years. In fact, 512 caselaw has noticeably slowed down since 2017, so there are only a handful of cases to discuss, and they reached messy results. Some cases since Jan. 1, 20...
Tags: Google, Amazon, Facebook, Europe, Instagram, Fcc, Etsy, Law, Congress, Youtube, US, Eu, Copyright, Pirate Bay, Rebecca, Canada


Exclusive: Volkswagen eyes buying big stake in China partner JAC Motor, taps Goldman - sources

Volkswagen AG is exploring purchasing a big stake in its Chinese electric vehicle joint venture partner JAC Motor and has tapped Goldman Sachs as an adviser on the plan, people with direct knowledge of the matter said.
Tags: Money, China, businessNews, Goldman Sachs, Volkswagen, Goldman, Volkswagen AG, JAC Motor


Goldman Sachs is scrapping a homegrown email app it once touted — and it's a sign the bank is moving away from building tech in house

Goldman is ditching its homegrown email app Orbit in favor of those offered by Blackberry and Microsoft. The decision shows Goldman distancing itself from software it developed in house to give employees a secure way to send and receive emails, and review documents, from their mobile devices.  It's part of Goldman's plan to focus its engineering resources on technology that's core to its business, such as software developed for trading clients or consumers of its digital bank.   Visit Business...
Tags: Microsoft, America, Trends, Goldman Sachs, Seattle, Goldman, Wall Street Journal, Good Technology, Tbt, Marcus, Synchronoss Technologies Inc, Papas, Synchronoss, Orbit to Blackberry, Matt Papas, Goldman s Twitter


Goldman increases 2019 oil price forecasts amid supply cuts, sanctions

Goldman Sachs has raised its forecast for crude oil prices this year, with supply hit by the "shock and awe" implementation of OPEC-led output cuts and by U.S. sanctions on Iran and Venezuela.
Tags: Money, Opec, Iran, businessNews, Goldman Sachs, Goldman


Snapchat gives Tinder some love Stories and announces new ad network at partner summit

Snapchat unveiled a closer partnership with Tinder—that enables the sharing of its videos with the dating app—a big push into games, and a new ad network at its first partner summit. One of the most important developments to come out of the Snap Partner Summit in Los Angeles on Thursday was the Snap Audience Network, which will deliver ads to apps outside of Snapchat. The company was short on details, however, as to the type of targeting that would be available and what partners woul...
Tags: Advertising, Los Angeles, Snapchat, Goldman, Lens, Groupm, Wieser, Cyrene Quiamco, Snap Audience Network, Brain Wieser, Goldman CMO, Zynga Spry Fox PikPok, Bitmoji Party


Aperture’s Peter Kraus takes aim at passive ETFs and the “illusion of free” with new start-up

“We’re breaking beta from alpha. That doesn’t exist anywhere. We’re literally saying, ‘Only pay us for alpha and define beta. Nobody has done that.” That’s an energized quote from legendary Wall Streeter Peter Kraus. For those not familiar with the lingo, I’ll translate: Kraus’s new company Aperture, which has just launched a new mutual fund offering (yes, you read that right: a new financial start-up is launching mutual funds in 2019), is seeking to create a true blue pay-for-performance model ...
Tags: TC, New York, Interviews, Finance, Government, Tech, Banking, Policy, Aperture, Stocks, Private Equity, Goldman Sachs, Talent, Stock Market, Goldman, Kraus


Aperture’s Peter Kraus takes aim at passive ETFs and the ‘illusion of free’ with new startup

“We’re breaking beta from alpha. That doesn’t exist anywhere. We’re literally saying, ‘Only pay us for alpha and define beta. Nobody has done that.” That’s an energized quote from legendary Wall Streeter Peter Kraus. For those not familiar with the lingo, I’ll translate: Kraus’s new company Aperture, which has just launched a new mutual fund offering (yes, you read that right: a new financial start-up is launching mutual funds in 2019), is seeking to create a true blue pay-for-performance model ...
Tags: TC, New York, Interviews, Finance, Government, Tech, Banking, Policy, Aperture, Stocks, Private Equity, Goldman Sachs, Talent, Stock Market, Goldman, Kraus


Goldman Sachs Will Open-Source Some Of Its Trading Software

According to the Wall Street Journal, Goldman Sachs is planning to release on GitHub some of the code that its traders and engineers use to price securities and analyze and manage risk. "The bank also is offering $100,000 in annual funding for engineers to build new applications using the bank's code," the report adds. "Goldman will own the resulting intellectual property, plus get an early look to invest in promising technology." From the report: It is Goldman's latest move to shed some of its ...
Tags: Google, Facebook, Tech, Silicon Valley, Goldman Sachs, Goldman, Wall Street Journal Goldman Sachs


Tesco looks better value than rivals, Goldman reckons - ShareCast

   ShareCast Tesco shares outperformed on Wednesday as Goldman Sachs sang the grocer's praises following the first quarter in a year where its sales have outshone all its ...
Tags: Shopping, Tesco, Goldman Sachs, Goldman, ShareCast Tesco


Goldman seeks 'curious' engineers for digital innovation program: website

Goldman Sachs Group Inc on Wednesday launched an initiative to attract tech-savvy engineers to the bank to take part in a year-long program aimed at developing new finance apps and other innovations, according to the company’s website.
Tags: Money, businessNews, Goldman, Goldman Sachs Group Inc


Wells Fargo is looking for a new CEO

Wells Fargo is America's largest bank and it also leads the nation's banks for scandals, having stolen from rich people, poor people, veterans, active-service military personnel, homeowners, small businesses, etc, as well as 2,000,000 ordinary customers who had fraudulent accounts opened in their names in order to bleed them of transaction fees, sometimes at the expense of their good credit and even their financial solvency. After handing John Stumpf (the CEO who presided over the first wav...
Tags: Post, Business, News, America, San Francisco, Fraud, Goldman Sachs, Banksters, Goldman, Wells Fargo, Trump, Sloan, Richard Davis, Egan, Gary Cohn, John Stumpf


Goldman sees softer, later Brexit after withdrawal agreement defeat

The balance of risks around Brexit outcomes is tilted towards a softer, longer departure from the European Union, Goldman Sachs said after British lawmakers on Friday rejected Prime Minister Theresa May's withdrawal agreement for a third time.
Tags: Money, businessNews, Theresa May, Goldman, Brexit, European Union Goldman Sachs


Exclusive: Goldman's China-backed fund bucks trade tensions to buy U.S. firm

Goldman Sachs Group Inc invested money from China's sovereign wealth fund in a California-based industrial company and is looking for more U.S. deals, three sources familiar with the matter said, even after increased scrutiny from Washington all but stopped U.S.-China deals last year.
Tags: Money, California, Washington, China, businessNews, Goldman, Goldman Sachs Group Inc


Goldman Sachs is exploring plans to create a Netflix for data, and it marks a new frontier for Wall Street

Investors may soon be paying monthly subscription fees to Wall Street banks in much the same way they subscribe to Netflix or Spotify. A recent Goldman Sachs job ad for an entry-level salesperson gives one of the clearest visions yet for what the business model might look like. According to a recent posting on LinkedIn, the company is looking to hire an entry-level salesperson whose job would include selling internal data, analytics and risk models as part of a subscription model. The move com...
Tags: Facebook, Trends, Netflix, Silicon Valley, Goldman Sachs, Cia, Goldman, World Economic Forum, Pinto, Daniel Pinto, Davis Switzerland, Anne Marie Darling


Apple and Goldman Sachs are rolling out a credit card with no fees that aims to minimize interest payments. Here's how it could make money.

Apple and Goldman Sachs are launching a new credit card, which eliminates all fees and aims to minimize customer interest payments. Fees and interest are traditionally the largest revenue streams for credit cards. They amounted to $178 billion in the US in 2018, according to industry estimates. So how will the Apple Card make money? Business Insider spoke with a handful of credit-card experts about the new card's profitability equation.  Apple and Goldman Sachs are launching a new credit card...
Tags: Apple, US, Trends, Chase, Goldman Sachs, Goldman, Miller, Jpmorgan, Bailey, Keefe Bruyette Woods, Crone, KBW, Jim Miller, Jennifer Bailey, JD Power, Apple Card


HBO’s Game of Thrones Prequel Pilot Adds Five Series Regulars

HBO’s Game of Thrones prequel pilot adds five series regulars Deadline is reporting that five series regulars have been cast in HBO’s upcoming Game of Thrones prequel pilot. Joining the ensemble is Marquis Rodriguez (When They See Us, Saturday Church), John Simm (Strangers), Richard McCabe (Philip K. Dick’s Electric Dreams), John Heffernan (Dracula) and Dixie Egerickx (The Secret Garden). PB = PB || {}; PB.gptStandAlone = PB.gptStandAlone || {}; PB.gptA...
Tags: Hbo, UK, TV, Movies, Netflix, TV News, Game Of Thrones, Julie Walters, Got, Ava Duvernay, Goldman, Secret Garden, Martin, East, Tony, Heffernan


Goldman's Apple pairing furthers bank's mass-market ambitions

Goldman Sachs Group Inc's credit card deal with Apple Inc is the latest move by the Wall Street investment bank to court mass-market consumers, potentially connecting Goldman with hundreds of millions of iPhone users.
Tags: Apple, Money, Wall Street, businessNews, Goldman, Apple Inc, Goldman Sachs Group Inc


A look inside crypto firm Galaxy Digital, founded by “sidelined” Wall Street legend Mike Novogratz

Mike Novogratz, a former hedge fund manager who was once captain of Princeton’s college wrestling team, has been described as many things, including in just one New Yorker article in which he was featured last year.  An on-and-off-again billionaire. A sidelined Wall Street legend. “Bombastic.” “Full of shit.” A former party animal whose “lifestyle issues” led to his removal as a partner at Goldman Sachs back in 2000. While Novogratz appears to be beloved by many friends, despite these qualities ...
Tags: TC, Asia, New York, Toronto, San Francisco, Tech, Venture Capital, SEC, Goldman Sachs, Andreessen Horowitz, North America, Sequoia Capital, Princeton, Goldman, Mike, The Times Center


Apple to launch a new credit card with Goldman. Are the perks worth it?

Apple Inc said on Monday it will launch a credit card with Goldman Sachs Group Inc this summer that can be used to earn cash back on the purchase of Apple products, but analysts suggest its rewards do not stand out among rivals.
Tags: Apple, Money, businessNews, Goldman, Apple Inc, Goldman Sachs Group Inc


Apple partners with Goldman to add a credit card to Wallet

Apple Inc said on Monday it will launch a credit card with Goldman Sachs Group Inc this summer that will be synched with iPhone users' Apple Wallet and can be used to buy Apple products at a discount.
Tags: Apple, Money, businessNews, Goldman, Apple Inc, Goldman Sachs Group Inc


Goldman Chief to Attend Apple Services Event Ahead of Joint Credit Card

David Solomon, who became the investment bank’s CEO in October, has been invited and plans to show up in Cupertino, California, for Apple’s services launch on March 25, according to people familiar with the matter. Spokesmen for Apple and Goldman declined to comment. Goldman Sachs Group Inc.’s work with the maker of mobile phones and laptops on a co-branded credit card emerged last year as they push deeper into the financial lives of consumers.
Tags: Apple, Science, Goldman, Goldman Sachs Group Inc, Cupertino California, David Solomon, Spokesmen for Apple


Devin Nunes’ ludicrous $250 million lawsuit against Twitter, explained (ars technica)

Enlarge / Rep. Devin Nunes (R-Calif.) in 2018. (credit: Tom Williams/CQ Roll Call) A lot of people on Twitter have been criticizing and mocking Rep. Devin Nunes (R-Calif.), and he's not going to take it anymore. On Monday, he sued several of his online critics—as well as Twitter itself—for defamation, negligence, and conspiracy. He claims that his critics' harsh words have cost him $250 million in "pain, insult, embarrassment, humiliation, emotional distress and mental suffering, and injury to...
Tags: News, Goldman, Timothy B Lee, Calif, Ars, Santa Clara University, Devin Nunes, Eric Goldman, Nunes, Tom Williams, Twitter Prof Goldman


Corrected: German lawmakers challenge deputy finance minister's Goldman link in bank merger

(This story has been refilled to remove extraneous words from first paragraph.)
Tags: Money, businessNews, Goldman