Harvey Schwartz

Shares of Goldman Sachs Group Inc (NYSE: GS) initially moved lower on heavy volume after The Wall Street Journal reported the banking giant's CEO Lloyd Blankfein will step down by the end of 2018. Within minutes, the stock recovered and quickly rebounded to trade at session highs. What...

Richard Bove of Rafferty Capital Markets downgraded shares of Goldman Sachs Group Inc (NYSE: GS) from Buy to Hold with a price target slashed from $288 to $221 after the company reported its first-quarter results. According to Bove, Goldman Sachs' top-and-bottom-line miss was a "shock" considering...