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Goldman Sachs Group Inc (GS.N)

GS.N on New York Stock Exchange

223.22USD
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Change (% chg)

$6.36 (+2.93%)
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$216.86
Open
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Volume
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$255.10
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Latest Key Developments (Source: Significant Developments)

Goldman Sachs reports Q1 earnings per common share of $5.15
Tuesday, 18 Apr 2017 07:45am EDT 

April 18 (Reuters) - Goldman Sachs Group Inc ::Goldman Sachs reports first quarter earnings per common share of $5.15 and increases the quarterly dividend to $0.75 per common share.Says Q1 annualized roe was 11.4 percent versus 6.4 percent.CET1 ratio (Basel III advanced) was 12.9 percent as of March 31 versus. 13.1 percent as of December 31.Quarterly net revenue $8.03 billion versus $6.34 billion.Q1 earnings per share view $5.31, revenue view $8.45 billion -- Thomson Reuters I/B/E/S.Book value per common share increased by 1.4% during the quarter to $184.98.Q1 net revenues in fixed income, currency and commodities client execution were $1.69 billion, essentially unchanged.Net revenues in investment banking were $1.70 billion for the first quarter of 2017, 16 percent higher than the first quarter of 2016.Says operating expenses were $5.49 billion for the first quarter of 2017, 15 percent higher than the first quarter of 2016.Q1 net revenues in equities were $1.67 billion for the first quarter of 2017, 6 percent lower than the first quarter of 2016.Says non-compensation expenses were $2.20 billion for the first quarter of 2017, 5 percent higher than the first quarter of 2016.Goldman Sachs' Blankfein says "operating environment was mixed, with client activity challenged in certain market-making businesses" in the quarter.Says during Q1, fixed income, currency and commodities client execution operated in an environment characterized by political uncertainty.  Full Article

Goldman Sachs declares dividends on series of its non-cumulative preferred stock
Thursday, 13 Apr 2017 05:08pm EDT 

Goldman Sachs - :Declares dividends on series of its non-cumulative preferred stock.  Full Article

BRIEF-Allied Irish to sell 'Project Cypress' portfolio to Goldman Sachs
Thursday, 13 Apr 2017 03:21pm EDT 

Corrects typo in headline.Allied Irish Banks Plc : Agreed to transfer portfolio of impaired buy-to-let loans, vast majority of which in deep long term arrears, to Goldman Sachs . Reduced its impaired loans to about 9 billion euros from peak of about 29 billion euros over the past three years . Says name of portfolio being sold to Goldman Sachs is 'Project Cypress' Further company coverage: [ALBK.I] ((Bangalore.newsroom@thomsonreuters.com;)) Keywords: (CORRECTED).  Full Article

AIB to sell Project Cyprus portfolio to Goldman Sachs
Thursday, 13 Apr 2017 03:05pm EDT 

Allied Irish Banks Plc : Agreed to transfer portfolio of impaired buy-to-let loans, vast majority of which in deep long term arrears, to goldman sachs . Reduced its impaired loans to about 9 billion euros from peak of about 29 billion euros over the past three years . Says name of portfolio being sold to goldman sachs is 'project cypress ' Further company coverage: [ALBK.I] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Sorl Auto Parts reports Q4 EPS $0.43
Friday, 31 Mar 2017 06:00am EDT 

Sorl Auto Parts Inc : Sorl Auto Parts reports approximately 40 pct rise in net income in the fourth quarter of 2016 . Q4 earnings per share $0.43 . Sees FY 2017 sales about $300 million . Q4 sales rose 45.7 percent to $82.9 million . For fiscal year 2017, management expects net income attributable to stockholders to be approximately $21.0 million ."Experiencing increased orders in the first half of the year".  Full Article

Goldman Sachs says board member Mark Tucker informed that he will not stand for re-election
Monday, 13 Mar 2017 04:53pm EDT 

Goldman Sachs Group Inc :Goldman sachs - on march 11, mark e. Tucker, a member of board of goldman sachs group informed board that he will not stand for re-election.  Full Article

Citrix working with Goldman Sachs on possible sale process- CNBC, citing report
Monday, 13 Mar 2017 03:46pm EDT 

: Citrix is working with Goldman Sachs on possible sale process- CNBC, citing report Further company coverage: [CTXS.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

HSBC appoints Mark Tucker to succeed Douglas Flint as group chairman
Sunday, 12 Mar 2017 06:23pm EDT 

HSBC Holdings-<0005.HK> : HSBC appoints Mark Tucker to succeed Douglas Flint as group chairman . Tucker, will take over responsibility for leading process of identifying a successor to current group CEO, Stuart Gulliver . Process of identifying a successor "expected to conclude during 2018 in order to meet Stuart Gulliver's expressed desire to retire in that timeframe" .Upon appointment, Mark Tucker will be independent and will be stepping down from boards of AIA and Goldman Sachs.  Full Article

AIA Group's Chief Executive Mark tucker to retire
Sunday, 12 Mar 2017 06:14pm EDT 

AIA Group Ltd <1299.HK> : Mark Tucker to Retire as AIA Group Chief Executive to be succeeded by Ng Keng Hooi from 1 September 2017 . Mark Tucker takes up role of non-executive chairman of HSBC Holdings Plc .Ng Keng Hooi will succeed Tucker as group chief executive and president.  Full Article

Goldman Sachs provides update on top end of legal loss estimate at Dec-end
Monday, 27 Feb 2017 06:14am EST 

Goldman Sachs Group Inc : Goldman Sachs - estimates upper end of reasonably possible aggregate legal loss of about $$1.8 billion in excess of aggregate reserves as of December-end .Goldman Sachs- had estimated upper end of reasonably possible aggregate legal loss of about $1.7 billion in excess of aggregate reserves as of september-end.  Full Article

More From Around the Web

N.Y. appeals court to review conviction of ex-Goldman programmer

NEW YORK The nearly eight-year legal odyssey of former Goldman Sachs Group Inc programmer Sergey Aleynikov is not over, after New York State's highest court agreed to review his reinstated conviction for stealing high-frequency trading code.