Workflow
Goldman Sachs
icon
Search documents
Goldman Sachs leaves climate alliance amid political pressure
Proactiveinvestors NA· 2024-08-13 16:06
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Tavia Acquisition Corp.(TAVIU) - Prospectus(update)
2024-08-09 00:37
As filed with the Securities and Exchange Commission on August 8, 2024 Registration No. 333-280275 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ____________________________________________ TAVIA ACQUISITION CORP. (Exact name of registrant as specified in its charter) ____________________________________________ Cayman Islands 6770 N/A (State or other jurisdiction of Incorporation or organization) ( ...
Goldman Sachs (GS) Up 24.2% YTD: What are the Reasons?
ZACKS· 2024-08-08 14:05
Shares of Goldman Sachs (GS) have appreciated 24.2% year to date compared with the industry’s growth of 8.1%. The stock has outperformed the S&P 500 Index, which increased 11.1% in the same frame.Image Source: Zacks Investment ResearchGS’ impressive rebound in the Investment Banking (IB) business is supporting its growth trajectory. Its efforts to expand in the private equity market also look encouraging.Further, analysts are bullish on this Zacks Rank #3 (Hold) stock. In the past month, the Zacks Consensus ...
Goldman's David Solomon predicts Fed won't make emergency rate cuts
New York Post· 2024-08-07 16:58
Goldman Sachs CEO David Solomon said the Federal Reserve won’t make emergency rate cuts before the central bankers meet in September, despite Monday’s Wall Street meltdown over heightened risks of a recession.“I don’t expect that you’ll see anything before September,” Solomon said in an interview for Bloomberg’s “The David Rubenstein Show: Peer to Peer Conversations.”  3 Goldman Sachs CEO David Solomon said he believes interest rate cuts in September are likely. REUTERS“The economy will chug along and we ...
Here is What to Know Beyond Why The Goldman Sachs Group, Inc. (GS) is a Trending Stock
ZACKS· 2024-08-07 14:02
Goldman Sachs (GS) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this investment bank have returned -0.6% over the past month versus the Zacks S&P 500 composite's -5.9% change. The Zacks Financial - Investment Bank industry, to which Goldman belongs, has lost 7.6% over this period. Now the key question is: Where could the stock be headed in the near ter ...
Goldman Sachs economists raise ‘limited' risk of US recession to 25% chance: report
New York Post· 2024-08-05 02:56
Economists at Goldman Sachs raised the likelihood of the US economy slipping into a recession within the next 12 months from 15% to 25% while continuing to view the risk of recession as limited, according to a report.Goldman economists led by Jan Hatzius, the firm’s chief economist and head of global investment research, wrote that they “continue to see recession risk as limited” in a report to clients on Sunday that was reviewed by Bloomberg.They said the US economy appears to be “fine overall” and noted t ...
Goldman Sachs(GS) - 2024 Q2 - Quarterly Report
2024-08-01 22:38
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-14965 The Goldman Sachs Group, Inc. (Exact name of registrant as specified in its charter) Delaware 13-4019460 (State or other jurisdiction ...
Virtú Investments Acquires Iconic Skyglass Tower in Downtown Seattle
Newsfilter· 2024-08-01 01:00
LARKSPUR, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Virtú Investments ("Virtú"), a multifamily real estate investment firm primarily engaged in the acquisition and management of apartments in the western United States, today announced it has acquired Skyglass Tower, a brand-new Class A, 338-unit, 31-story multifamily tower located in downtown Seattle, WA. Completed in 2024, the LEED Gold, glass-paneled high-rise in the South Lake Union neighborhood is comprised of luxury studio and 1-3 bedroom units, three ...
Virtú Investments Acquires Iconic Skyglass Tower in Downtown Seattle
GlobeNewswire News Room· 2024-08-01 01:00
LARKSPUR, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Virtú Investments (“Virtú”), a multifamily real estate investment firm primarily engaged in the acquisition and management of apartments in the western United States, today announced it has acquired Skyglass Tower, a brand-new Class A, 338-unit, 31-story multifamily tower located in downtown Seattle, WA. Completed in 2024, the LEED Gold, glass-paneled high-rise in the South Lake Union neighborhood is comprised of luxury studio and 1-3 bedroom units, three ...
Goldman Sachs (GS) Q2 Result Out: Should You Make a Bet Now?
ZACKS· 2024-07-25 15:15
Core Viewpoint - Goldman Sachs has experienced a significant rebound in its investment banking business, with profits increasing by 61% in the first half of 2024 compared to the previous year [1]. Group 1: Financial Performance - The stock price of Goldman Sachs has risen nearly 1.5% to $486.70 since the release of its quarterly results, with a year-to-date appreciation of 27.8%, outperforming the S&P 500 Index's growth of 15.1% [1]. - The company's investment banking revenues declined by 47.9% in 2022 and 15.5% in 2023, but rebounded nearly 27% in the first half of 2024 compared to the same period in 2023 [5][6]. - Goldman Sachs maintains its top rank in announced and completed mergers and acquisitions (M&As) and is ranked second in equity underwriting [6]. Group 2: Market Conditions and Strategic Focus - The recovery in Goldman Sachs' investment banking business is attributed to a resurgence in global mergers and acquisitions, leading to improved industry-wide deal value and volume [6]. - The company is refocusing on its core strengths in investment banking and trading operations through restructuring initiatives and acquisitions, such as the purchase of NextCapital and NN Investment Partners [5]. - The current high interest rate environment has positively impacted Goldman Sachs, resulting in higher net interest income compared to the previous year [7]. Group 3: Expansion and Shareholder Returns - Goldman Sachs plans to expand its private credit portfolio to $300 billion over the next five years, up from $130 billion, and aims to increase its lending services to private equity and asset managers [8]. - Following the 2024 stress test results, Goldman Sachs increased its quarterly dividend by 9% to $3 per share, with a history of five dividend hikes in the past five years at an annualized growth rate of 24.42% [8][9]. - The company repurchased $3.5 billion of shares in the second quarter and has a strong liquidity position with $206 billion in cash and cash equivalents as of June 30, 2024 [9].