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Goldman Sachs falls after Fox-Pitt cuts estimate

BOSTON (MarketWatch) -- Shares of Goldman Sachs Group Inc. were down nearly 2% on Monday after Fox-Pitt Kelton Cochran Caronia Waller analyst David Trone cut his third-quarter profit estimate by 40% to $1.95 a share. The move reflects "weaker-than-expected results across the board and bigger write-downs than we had projected," Trone wrote in a research note. "Goldman is particularly...

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David Sirota: Seizing the "Obama Moment": Which Side Are We On?

... and "moderation" is continuing the kleptocratic financial and trade policies championed by the Goldman Sachs twins, Bob Rubin and Henry Paulson. Unlike the Royalist Right, progressives don't have to manipulate the public with the kind of faux populism that packages, say, tax cuts for billionaires as a supposed panacea for the working class. We can offer the real thing: a real populist agenda...

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Survival of the Machines - David Sachs

The Gazette, Saturday, July 19 In the movie The Terminator, set in the not-too-distant future, computers become smart enough to break free of the tyranny of their human masters. Of course, the computers round up and kill the humans. It doesn't look like a lot of fun in the movie. In the real world, a few researchers are working toward a moment that feels inspired by such science fiction: a tipping...

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AutoNation Names David Edelson to Board of Directors

FORT LAUDERDALE, Fla., July 30 -- AutoNation, Inc. (NYSE: AN), America's leading automotive retailer, announced today that its Board of Directors appointed David B. Edelson as an independent director effective Ju...

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AutoNation Names David Edelson to Board of Directors

FORT LAUDERDALE, Fla., July 30 /PRNewswire-FirstCall/ -- AutoNation, Inc. (NYSE: ), America's leading automotive retailer, announced today that its Board of Directors appointed David B. Edelson as an independent director effective July 30, 2008. Mr. Edelson's appointment expands the AutoNation Board to eight members. "AutoNation is privileged to have someone of David's caliber join...

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Goldman Sachs Celebrates the Next Generation of World-Class Leaders

NEW YORK--(BUSINESS WIRE)--The Goldman Sachs Foundation and the Institute for International Education gathered 75 outstanding college students selected from five continents for a remarkable

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Concern For U.S. Tech Firms Amid Strengthening Dollar, Slowing Global Demand

... currency, and product cycles should be enough to drive some upside for each company," wrote Goldman Sachs analyst David Bailey earlier this month.Goldman believes both HP and Dell will at least meet Wall Street expectations.So far, countries like Brazil, Russia, India and China, known as the "BRIC" nations, have held up worldwide sales for many large technology firms. Should sales...

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Slower Global Demand Could Hurt Dell, HP

... countries, currency, and product cycles should be enough to drive some upside for each company," Goldman Sachs analyst David Bailey wrote in a note to clients earlier this August.Goldman said HP and Dell should at least meet Wall Street expectations.So far, countries like Brazil, Russia, India and China -- the "BRIC" nations -- have held up global sales for HP, Dell and many other...

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Slower Global Demand Could Hurt Dell, HP

... countries, currency, and product cycles should be enough to drive some upside for each company," Goldman Sachs analyst David Bailey wrote in a note to clients earlier this August.Goldman said HP and Dell should at least meet Wall Street expectations.So far, countries like Brazil, Russia, India and China -- the "BRIC" nations -- have held up global sales for HP, Dell and many other...

+Vote!

Slower global demand could hurt Dell, HP

... countries, currency, and product cycles should be enough to drive some upside for each company," Goldman Sachs analyst David Bailey wrote in a note to clients earlier this August.Goldman said HP and Dell should at least meet Wall Street expectations.So far, countries like Brazil, Russia, India and China -- the "BRIC" nations -- have held up global sales for HP, Dell and many other...

+Vote!

Slower global demand could hurt Dell, HP

... countries, currency, and product cycles should be enough to drive some upside for each company," Goldman Sachs analyst David Bailey wrote in a note to clients earlier this August.Goldman said HP and Dell should at least meet Wall Street expectations.So far, countries like Brazil, Russia, India and China -- the "BRIC" nations -- have held up global sales for HP, Dell and many other...

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David B in bouncer death rescue

Writer David Benioff, 37, had a privileged upbringing as his father ran global investment firm Goldman Sachs. With an MA in Irish Literature, he wrote his debut novel, The 25th Hour, and the screenplay for the eponymous film. His credits as a screenwriter include Troy, The Kite Runner and Wolverine. His new novel, City Of Thieves, is published by Sceptre.

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Scorpions battle: Concern over separation of powers

Calling it an "exceptional" case, they asked whether it would not be better for businessman Hugh Glenister -- and political parties associated with his bid to stop the legislation -- to wait until the legislation is passed and only then challenge it."We've been called upon to do something extremely intrusive," said Judge Albie Sachs.Chief Justice Pius Langa asked: "By stepping in at this stage,...

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Chinese stocks' dive may attract investors

... but they see "a more favorable environment for long-term investment."Pressure gaugeGoldman Sachs strategist David Kostin scours transcripts of chief executives' earnings conference calls with analysts for insights into Corporate America. The No. 1 theme for the second quarter is the U.S. consumer under pressure.For instance, CVS Caremark (CVS) says generic drugs made up 15 percent...

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Taking BATS To The NYSE

... volume from NYSE, 13% from Nasdaq and 19% from the regional exchanges. The company was founded by David Cummings, a former wheat trader turned brokerage chief executive who wanted to create competition for Nasdaq, which he viewed as overpriced and complacent. Cummings rallied trading desks to sign on to his system (and invest in BATS) and became somewhat of a cause celebre, handing out baseball...