IBTimes Australia : Goldman Sachs Topic

U.S. job market gains could lead Fed to taper QE3 early

Sun, 19 May 2013 22:21:02 +1000

The beginning of the end of the Federal Reserve's massive bond-buying program might come sooner than many investors think if recent gains in the U.S. labour market do not prove fleeting.

Job market gains could lead Fed to taper QE3 early

Sun, 19 May 2013 22:14:02 +1000

The beginning of the end of the Federal Reserve's massive bond-buying program might come sooner than many investors think if recent gains in the U.S. labor market do not prove fleeting.

Bank of England's King sends message to successor Carney

Sun, 19 May 2013 21:42:02 +1000

Bank of England Governor Mervyn King has urged successor Mark Carney not to bring to Britain his trademark policy of spelling out how long interest rates will remain low.

BoE's King sends message to successor Carney

Sun, 19 May 2013 21:42:01 +1000

Bank of England Governor Mervyn King has urged successor Mark Carney not to bring to Britain his trademark policy of spelling out how long interest rates will remain low.

Exclusive - Onex fails to find buyer for Carestream Health

Sat, 18 May 2013 07:35:02 +1000

Onex Corp has called off its auction of medical imaging firm Carestream Health Inc after failing to find a buyer that was willing to meet its price expectation of as much as $3.5 billion (2.3 billion pounds), three people familiar with the matter said this week.

Exclusive: Onex fails to find buyer for Carestream Health

Sat, 18 May 2013 06:49:03 +1000

Onex Corp has called off its auction of medical imaging firm Carestream Health Inc after failing to find a buyer that was willing to meet its price expectation of as much as $3.5 billion, three people familiar with the matter said this week.

All eyes on Vodafone's Colao for signs on Verizon

Sat, 18 May 2013 04:49:02 +1000

After months of speculation, Vodafone's Vittorio Colao will be under pressure next week to set out whether he may sell its prized stake in Verizon Wireless in what would be one of the biggest deals ever.

Tableau Software shares soar in NYSE debut

Sat, 18 May 2013 03:14:03 +1000

Shares of Tableau Software Inc rose as much as 58 percent in their trading debut as investors expect the rising interest in big data to power the data analysis software maker's growth.

Mark Carney 'will Start BoE Governorship with Mistakes'

Fri, 17 May 2013 21:58:06 +1000

UBS economist Amit Kara tells ACCA debate that Mark Carney's Bank of England will get off to bad start in July.

HMRC Chief: We Collect Tax Under Duty of Law Not Morals

Fri, 17 May 2013 00:13:51 +1000

Lin Homer tells the Public Accounts Committee that HMRC collects taxes under laws set by government, not on morals

UK judge says Goldman tax deal lawful, but "not glorious"

Thu, 16 May 2013 21:56:03 +1000

Britain's tax authority was heavily criticised by a judge on Thursday, who nonetheless ruled its deal with Goldman Sachs worth up to 20 million pounds ($30 million) to the U.S. bank was lawful.

Goldman tax deal lawful, but 'not glorious': UK judge

Thu, 16 May 2013 19:56:02 +1000

A tax deal between the British government and Goldman Sachs worth up to 20 million pounds ($30 million) to the U.S. bank was lawful but "not a glorious episode" for the tax authority, a judge ruled on Thursday.

UK activists lose legal challenge against Goldman tax deal

Thu, 16 May 2013 19:21:02 +1000

A British group campaigning against tax avoidance has lost a legal challenge against a 2010 settlement between Goldman Sachs and HMRC, the British tax authority.

UK Uncut Loses High Court Challenge to HMRC's 'Sweetheart Deal' with Goldman Sachs

Thu, 16 May 2013 18:56:54 +1000

HMRC deal to let Goldman Sachs off millions of tax it owed was lawful, rules high court.

Analysis - Blackstone and peers have a bargain for you: themselves

Thu, 16 May 2013 16:35:02 +1000

Alternative asset managers such as Blackstone Group LP and KKR & Co LP have for decades scoured the stock market for undervalued companies. Now they are trying to convince investors that shares in their own firms are a bargain.

Global Firms Bet on India's Spending Power

Thu, 16 May 2013 13:58:14 +1000

Global companies betting on India's potential as a consumer market are looking beyond the worst patch in a decade for Asia's third-largest economy and investing billions of dollars in the country.

JPMorgan presses Bloomberg on reporters' access to data

Thu, 16 May 2013 07:49:02 +1000

JPMorgan Chase & Co , one of the biggest customers of Bloomberg LP, said on Wednesday it has sent a formal legal request asking the financial data and news company to provide details of what bank information Bloomberg News reporters had been able to see.

J.C. Penney stores, real estate worth $4.06 billion: appraisal

Wed, 15 May 2013 05:35:04 +1000

J.C. Penney Co Inc's stores, distribution centers and headquarters are worth a total of $4.06 billion, according to an appraisal conducted for the department store chain and disclosed on Tuesday in a presentation to potential lenders that was also filed with U.S. regulators.

Fraud claims versus Goldman over Abacus CDO are dismissed

Wed, 15 May 2013 05:14:02 +1000

Goldman Sachs Group Inc won dismissal on Tuesday of fraud claims brought by a bond insurer over a CDO tied to subprime mortgage securities called Abacus.

Bloomberg Under New Pressure as Bank of Japan Probes Snooping

Wed, 15 May 2013 04:06:18 +1000

Bloomberg journalists had reportedly access to its financial information terminals

Spain feeds eager market with government and corporate debt

Wed, 15 May 2013 03:00:03 +1000

MADRID/LONDON, May 14 (Reuters/IFR) - Spain's government and some of its top firms tapped into rising interest among domestic and foreign investors for bonds from weaker euro zone economies on Tuesday, issuing bumper levels of debt at sharply lower rates.

NY court dismisses fraud claims vs. Goldman over Abacus CDO

Wed, 15 May 2013 02:14:02 +1000

A New York appeals court dismissed a case against Goldman Sachs Group Inc brought by a bond insurer who claimed it was fraudulently induced to insure the bank's Abacus product tied to subprime mortgages.

Wall Street jumps as banks lead S&P 500 to new high

Wed, 15 May 2013 01:42:02 +1000

Stocks rose and extended a recent rally on Tuesday, with the S&P 500 and Dow hitting a new intraday high as investors bet that the market's upward momentum would continue.

Spanish bond demand helps euro shrug off German data dip

Tue, 14 May 2013 19:49:02 +1000

A pause in the dollar's recent run helped steady oil and gold prices on Tuesday, while large demand for Spanish bonds helped the euro shake off weaker-than-forecast German sentiment data.

Asian shares steady after two-day losing streak, dollar pauses

Tue, 14 May 2013 16:00:03 +1000

Asian shares steadied on Tuesday, snapping a two-day losing streak as a surprising rise in U.S. retail sales boosted optimism about the recovery in the world's largest economy, but the dollar took a breather after recent broad gains ahead of more data.

Asian shares mostly rise, dollar takes breather

Tue, 14 May 2013 13:42:02 +1000

Asian shares snapped a two-day losing streak and rose on Tuesday as a surprising rise in U.S. retail sales boosted sentiment, but the dollar took a breather after gaining broadly on growing optimism about the recovery in the world's largest economy.

Glass Lewis: Goldman shareholders should vote no on compensation

Tue, 14 May 2013 09:21:02 +1000

Goldman Sachs Group Inc shareholders should vote against the Wall Street bank's executive compensation proposal because the board has "failed to link pay with performance," proxy advisory firm Glass Lewis said in a report on Monday.

Adrian Cheng: updating a Hong Kong family empire for a changing China

Tue, 14 May 2013 07:21:02 +1000

He has trained on Broadway and been a Wall Street banker.

Bloomberg's top editor calls client data policy 'inexcusable'

Tue, 14 May 2013 07:14:02 +1000

Matthew Winkler, editor-in-chief of Bloomberg News, apologized on Monday for allowing journalists "limited" access to sensitive data about how clients used Bloomberg terminals, saying it was "inexcusable", but that important customer data had always been protected.

Retail sales gain shows some strength in economy

Tue, 14 May 2013 03:42:02 +1000

Retail sales unexpectedly rose in April, pointing to underlying strength in the economy and leading forecasters to bump up second-quarter growth estimates.