Goldman Sachs Company Description

Goldman Sachs, one of the largest investment banks and investment management companies has a clientele varying from rich individuals to institutions and governments and a market capitalization of $73.31bn as of Oct 2013. In terms of asset base, it is the fifth largest company, after the ‘Big Four’ banks. Read More: GS

Goldman Sachs Group Inc. Increases Anglo American Price Target to GBX 1,130 (AAL)

Investment analysts at Goldman Sachs Group Inc. upped their target price on shares of Anglo American (LON:AAL) from GBX 1,100 ($17.63) to GBX 1,130 ($18.11) in a note issued to investors on Friday, American Banking and Market News reports. The firm currently has a “sell” rating on the stock trading. Goldman Sachs Group Inc.’s target price would suggest a potentialx downside of 25.26% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Analysts at AlphaValue upgraded shares of Anglo American to a “buy” rating in a research note to investors on Monday. They now have a GBX 1,801.30 ($28.88) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Anglo American in a research note to investors on Friday, November 1st. Read more.

Goldman Sachs Group (GS) Leads The Day Higher

The Dow component that led the way higher today was Goldman Sachs Group (NYSE:GS), which sported a $3.52 gain (+2.2%) bringing the stock to $163.16. This single gain lifted the Dow Jones Industrial Average by 26.64 points or roughly accounting for 15.9% of the Dow's overall gain. Volume for Goldman Sachs Group ended the day at 3.6 million shares traded vs. an average daily trading volume of 3.2 million shares.

Goldman Sachs Group has a market cap of $73.44 billion and is part of the financial sector and financial services industry. Shares are up 28.2% year to date as of Thursday's close. The stock market dividend yield sits at 1.3%.

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Read more.

Goldman Sachs to Its Young Workers: Live a Little

Goldman Sachs (NYSE: GS  ) is trying to make its less-intense. In this segment of The Motley Fool's financials-focused show, Where the Money Is, analysts Matt Koppenheffer and David Hanson look at three Tweets from today.

The traditional bricks-and-mortar bank will soon go the way of the dodo bird into extinction, that is. This sounds crazy, but it’s true. Every single one of the nation’s biggest banks are dramatically reducing branch counts and overhauling the ones left behind. But despite these efforts, they’re still far behind a single and comparatively tiny lender that’s already leapt into the future of business ideas. Since the beginning of 2012 alone, this company’s shares are already up more than 250%. And they’re bound to go higher. Read more.

Goldman Led Twitter Underwriters to Make $59.2 Million From IPO

Goldman Sachs Group Inc. and other underwriters on Twitter Inc. (TWTR)’s initial public offering will share about $59.2 million for managing the sale after accepting one of the smallest fee rates for a U.S. IPO this year.

The projection is based on the 3.25 percent of the $1.82 billion IPO that Twitter agreed to pay the banks managing the sale, people familiar with the matter said last month. Goldman Sachs is leading Twitter’s IPO, with help from firms including Morgan Stanley and JPMorgan Chase & Co., regulatory filings show. The fee pool is typically split unevenly among underwriters, with larger shares going to banks that are more actively involved in the process. Read more.