gold

Goldman Sachs Shares Fall Despite Earning Beat

Goldman Sachs Shares Fall Despite Earning Beat

Goldman Sachs Group Inc. (NYSE: GS) on Tuesday reported third-quarter revenue and earnings that easily topped analysts’ estimates.The investment bank said third-quarter net income increased 2 percent to $2.13 billion, or $5.02 per share, compa..

Netflix Stock Breaks $200 for the First Time on Bullish Calls from Wall Street Banks

Netflix Stock Breaks $200 for the First Time on Bullish Calls from Wall Street Banks

Netflix, Inc. (NASDAQ: NFLX) shares rose past $200 for the first time in the early trading on Friday after Goldman Sachs Group Inc (NYSE: GS) and JPMorgan Chase & Co.(NYSE: JPM) raises their price target for the video streaming company.Gold..

Tahoe Resources Shares Spike After Court Ruling

Tahoe Resources Shares Spike After Court Ruling

Tahoe Resources Inc (NYSE: TAHO) reported Monday that the Guatemalan Supreme Court issued a decision that reinstates the Escobal mining license of Tahoe’s Guatemalan subsidiary, Minera San Rafael (“MSR”). This decision reverses the..

Financial Markets are Falling Sharply

Financial Markets are Falling Sharply

The stock market fell sharply Tuesday as a result of a questionable aquisition and renewed tensions with North Korea. The Dow Jones industrial average dropped about 250 points, partialy as a result of United Technologies and Goldman Sachs Group Inc ..

Federal Reserve’s New Rule to Help Unwind Big Banks

Federal Reserve’s New Rule to Help Unwind Big Banks

On Friday, The Federal Reserve finalized a new rule that would make it easier to unwind important U.S. banks by creating a safe harbor for financial contracts after a firm defaults. This decision was unanimously approved by Federal board members and..

The US - North Korea Tensions Impact the Markets

The US - North Korea Tensions Impact the Markets

Tensions are rising between the U.S. and North Korea and as expected, the political heat is leaving a mark on the market. When there is political turmoil that could have a significant global impact, it has always been seen that safe haven assets, ma..

Goldman Sachs Upgrades Wal-Mart to Buy

Goldman Sachs Upgrades Wal-Mart to Buy

Goldman Sachs Group Inc. (NYSE: GS) upgraded Wal-Mart Stores Inc. (NYSE: WMT) to buy from neutral on Friday, also adding the stock to the company’s so-called Conviction List, with an $84 price target. Wal-Mart shares closed Thursday at $75.05 ..