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Tourre And Blankfein Grilled In Senate Hearing (GS)
Wednesday, April 28, 2010 - 7:59am | 418The problems for Goldman Sachs (NYSE: GS) continued as the Senate’s Subcommittee on Tuesday accused the bank of “intolerable” conflicts of interest and attacked the bank for profiting from the financial crisis at the expense of its clients. According to the Financial Times, Goldman’s chief...
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Morning Market Update (DSW, NOK, POAHF.PK, GS, CAL, UAUA)
Tuesday, April 27, 2010 - 12:21pm | 275Footwear retailer DSW (NYSE: DSW) estimates that its Q1 same-store sales will come in at 16%. The company has also raised its EPS guidance for the full year to $1.65-$1.75, from $1.35-1.45. Nokia (NYSE: NOK) has unveiled details of its first Symbian 3 phone. The phone is aimed at winning back...
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US Stock Futures Sink As Goldman Weighed
Tuesday, April 27, 2010 - 9:16am | 318US stock futures continued to drift today, as Goldman Sachs (NYSE: GS) faces a tough round of questioning from a US Senate committee on the extent of the profits it generated from the collapse of the housing market. While futures on the S&P 500 lost 3.5 points to 1204.70, those on the Nasdaq...