July 3, 2022

Hedge funds moving toward a brighter future?

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By Michelle Jones From Value Walk Although there have been some many bearish reports on hedge funds over the last week or so, things may be looking up. The problem is that, in general, most have been underperforming year to date, but they may be on the brink of meaningful or possibly even significant alpha […]

Goldman slashes 2015 oil price forecast as output tops demand

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From Newsmax Goldman Sachs has slashed its 2015 oil price forecasts, making it the most bearish among major financial institutions, following a near 25 percent fall in crude prices over the past five months. The U.S. investment bank said rising output will outstrip demand — and its new numbers weighed further on benchmark Brent crude […]

WuXi PharmaTech (Cayman) Inc. upgraded to “Conviction-Buy” at Goldman Sachs (WX)

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WuXi PharmaTech (Cayman) Inc. (ADR) logoWuXi PharmaTech (Cayman) Inc. (NYSE:WX) was upgraded by research analysts at Goldman Sachs from a “neutral” rating to a “conviction-buy” rating in a report released on Tuesday, TheFlyOnTheWall.com reports. WuXi PharmaTech (NYSE:WX) opened at 33.88 on Tuesday. WuXi PharmaTech has a 52 week low of $26.33 and a 52 week […]

Finance minister stands by Goldman Sachs deal

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by Andreas Jakobsen From the Copenhagen post Government confident in selling DONG shares to highest bidder Goldman Sachs despite tax haven concerns Finance Minister Bjarne Corydon (S) remains confident that Goldman Sachs will pay taxes according to international tax regulations despite the US investment bank’s plans to establish its DONG Energy partial ownership in global […]

Privatisation isn’t always pretty

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By The Copenhagen Post 2,500 protested against the DONG sale on Wednesday evening (Photo: Scanpix) A majority of parliament has decided to bolster the energy giant DONG with a partial privatisation by inviting the US banking giant Goldman Sachs to buy 19 percent of its shares for eight billion kroner – money the state says […]

Goldman Sachs tweeted out this awesome photo of its view of the frozen Hudson River [Jan 9 2014]

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By Linette Lopez From Business Insider The polar vortex has only one upside — all the gorgeous pictures people have taken of our frozen landscape. Goldman Sachs tweeted this picture of their view from downtown New York City. Goldman’s building is at 200 West Street, right along the Hudson River. And by the way, Roland […]