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Filed under: Goldman Sachs, Earnings, Banks, Financial Advisors, StocksJim Watson/AFP/Getty ImagesGoldman Sachs CEO Lloyd Blankfein
By CHRISTINA REXRODE
NEW YORK — Goldman Sachs reported first-quarter results that beat analyst forecasts thanks to a p…
When Goldman Sachs (NYSE: GS) kicked Apple Inc. (Nasdaq: AAPL) off its celebrated Conviction Buy List, casual observers might have seen the move as yet another blow to a battered stock.
But don’t be surprised if Apple stock rallies in the months ahead.
That’s because when you look at the record, most stocks that get dropped from Goldman’s Conviction Buy List – a frequently updated list of equities the bank says will outperform the market – don’t falter.
In fact, over the past six months, most of the stocks that Goldman has booted off the Conviction Buy List have gone up, and several have actually outperformed the market.
That might seem strange but for Goldman’s checkered past.
Filed under: Goldman Sachs, Job Market, Layoffs, Financial ServicesGoldman Sachs Group (GS) will begin a fresh round of job cuts as early as this week, sources familiar with the matter said on Monday, with its equities-trading business bracing for bigg…
Filed under: Goldman Sachs, Job Market, Layoffs, Financial ServicesGoldman Sachs Group (GS) will begin a fresh round of job cuts as early as this week, sources familiar with the matter said on Monday, with its equities-trading business bracing for bigg…
Filed under: Company News, Goldman Sachs , Wal-Mart Stores, Amazon.com, Retail, ShoppingBy Jessica Wohl
Wal-Mart Stores Inc (WMT) is testing same-day delivery of televisions, toys and other general merchandise bought online in a few U.S. markets as it…
