Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  The Goldman Sachs Group, Inc.    GS

THE GOLDMAN SACHS GROUP, INC.

(GS)
  Report
Delayed Quote. Delayed Nyse - 01/26 04:10:00 pm
281.76 USD   -0.45%
05:37pGoldman Sachs CEO Solomon's annual pay drops 36%
RE
05:20pGoldman Sachs CEO Solomon's annual pay drops 36%
RE
05:04pGOLDMAN SACHS GROUP INC : Other Events (form 8-K)
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Goldman stops coverage of 18 securities firms

02/24/2012 | 04:56pm EST

(Reuters) - Goldman Sachs Group (>> Goldman Sachs Group, Inc.) has suspended coverage of 18 discount brokers, exchanges and small investment banks because the analyst who follows them has left the firm.

(Reuters) - Goldman Sachs Group (>> Goldman Sachs Group, Inc.) has suspended coverage of 18 discount brokers, exchanges and small investment banks because the analyst who follows them has left the firm.

The company told clients in a research note on Friday that Dan Harris, a vice president who covered Jefferies Group, Lazard, Stifel Financial, CME Group and 14 other companies, has left the firm. It did not give a reason for his departure but said coverage of the companies would be suspended pending reassignment to a new analyst.

Harris joined Goldman in late 2006 and previously was an associate analyst covering securities firms, asset managers and market structure at JPMorgan Chase. Calls to his office were referred to a Goldman spokeswoman, who declined to comment.

Goldman, along with the rest of Wall Street, has imposed widespread layoffs in recent months as companies battle weak markets, a slow economic recovery and new regulations constricting their proprietary trading and investment capabilities.

Goldman has fired more than 1,000 employees in recent months across all levels of seniority and specialties, coupled with the early "retirement" of a high number of high-level executives known as managing directors-partners at Goldman.

The company spent about $250 million in severance costs in 2011, including about $50 million in the last quarter of the year, chief financial officer David Viniar said in January.

The firms followed by Harris are:

CBOE Holdings, CME Group, Intercontinental Exchange, Knight Capital Group, MarketAxess Holdings, Nasdaq OMX Group, NYSE Euronext, TD Ameritrade, Duff & Phelps, E*Trade Financial Corp, Greenhill & Co, Jefferies, Lazard, LPL Investment Holdings, Raymond James Financial, Stifel Financial Corp, Charles Schwab and Evercore Partners.

(Reporting By Jed Horowitz; Editing by Tim Dobbyn)


© Reuters 2012
Stocks mentioned in the article
ChangeLast1st jan.
CME GROUP INC. -0.34% 183.75 Delayed Quote.1.27%
E*TRADE FINANCIAL, LLC -1.58% 49.26 End-of-day quote.0.00%
EVERCORE INC. -3.33% 109.23 Delayed Quote.3.06%
FIRST FINANCIAL CORPORATION -1.93% 39.68 Delayed Quote.4.14%
GREENHILL & CO., INC. -3.96% 11.89 Delayed Quote.1.98%
LAZARD LTD -0.87% 42.35 Delayed Quote.0.99%
MARKETAXESS HOLDINGS INC. 0.09% 509.81 Delayed Quote.-10.73%
NASDAQ -0.82% 141.13 Delayed Quote.7.20%
OMX NORDIC 40 0.09% 2036.705371 Delayed Quote.3.85%
RAYMOND JAMES FINANCIAL -1.52% 98.65 Delayed Quote.4.70%
STIFEL FINANCIAL CORP. -1.44% 51.49 Delayed Quote.3.53%
TD AMERITRADE HOLDING CORPORATION -2.08% 39.97 End-of-day quote.0.00%
THE CHARLES SCHWAB CORPORATION -1.52% 56.21 Delayed Quote.7.62%
THE GOLDMAN SACHS GROUP, INC. -0.45% 281.76 Delayed Quote.9.74%
All news about THE GOLDMAN SACHS GROUP, INC.
05:37pGoldman Sachs CEO Solomon's annual pay drops 36%
RE
05:20pGoldman Sachs CEO Solomon's annual pay drops 36%
RE
05:04pGOLDMAN SACHS GROUP INC : Other Events (form 8-K)
AQ
04:16pDual Listed Docebo Down Near 5% After Closing US$115-Million Secondary Public..
MT
02:32pJCDECAUX : Goldman Sachs reaffirms its Neutral rating
MD
02:32pROCHE HOLDINGS AG : Goldman Sachs maintains a Buy rating
MD
02:02pVICI PROPERTIES : Goldman Sachs Adjusts Price Target for VICI Properties to $33 ..
MT
02:01pRED ROCK RESORTS : Goldman Sachs Adjusts Price Target for Red Rock Resorts tp $3..
MT
01:59pWYNN RESORTS : Goldman Sachs Adjusts Price Target for Wynn Resorts to $113 From ..
MT
01:57pPENN NATIONAL GAMING : Goldman Sachs Adjusts Price Target for Penn National Gami..
MT
More news
Financials (USD)
Sales 2020 42 737 M - -
Net income 2020 7 111 M - -
Net Debt 2020 274 B - -
P/E ratio 2020 14,0x
Yield 2020 1,77%
Capitalization 102 B 102 B -
EV / Sales 2020 8,78x
EV / Sales 2021 9,53x
Nbr of Employees 40 500
Free-Float 37,9%
Chart THE GOLDMAN SACHS GROUP, INC.
Duration : Period :
The Goldman Sachs Group, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends THE GOLDMAN SACHS GROUP, INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 326,56 $
Last Close Price 283,04 $
Spread / Highest target 57,2%
Spread / Average Target 15,4%
Spread / Lowest Target -15,9%
EPS Revisions
Managers and Directors
NameTitle
David Michael Solomon Chairman & Chief Executive Officer
John E. Waldron President & Chief Operating Officer
Stephen M. Scherr Chief Financial Officer & Executive Vice President
Marco Argenti Co-Chief Information Officer
Atte Lahtiranta Chief Technology Officer