Goldman Sachs

Turquoise targets 5 pct of Europe volume -report 3:02am EDT

PARIS, Aug 20 (Reuters) - Alternative equities trading platform Turquoise aims to win 5 percent of European volume by the year end, managing director Eli Lederman said in an interview with the Les Echos newspaper on Wednesday. Turquoise is a cash equity trading platform that aims to offer cheaper trading for banks and brokerages than existing bourses in Europe.  Full Article

 
French stocks - Factors to watch on August 20 2:18am EDT

PARIS, Aug 20 (Reuters) - Below are leading stories from French newspaper and company-related news which could have an impact on the French market or individual stocks.  Full Article

 
UK's A&L sells 400 mln stg mortgage-backed bond 1:03am EDT

LONDON (Reuters) - Britain's Alliance & Leicester raised 400 million pounds ($744 million) from bonds backed by prime residential mortgages this week, only the second such deal in the moribund market in more than a year.  Full Article

 
Cox: US SEC to propose short sale rule in weeks 1:03am EDT

WASHINGTON (Reuters) - The top U.S. securities regulator plans to propose a new short selling rule in the next few weeks which would be broader than an emergency order covering just 19 financial stocks which ended last week.  Full Article

 
UPDATE 1-Hardie sees year profit at low end of forecasts Tuesday, 19 Aug 2008 07:12pm EDT

MELBOURNE, Aug 20 (Reuters) - Australian building materials group James Hardie Industries NV reported a 39 percent fall in first-quarter profit on Wednesday, and tipped its full year profit would be at least a third lower than last year, hurt by a prolonged slump in U.S. home-building.  Full Article

 
Fannie, Freddie fears, inflation slam Wall St Tuesday, 19 Aug 2008 06:03pm EDT

NEW YORK (Reuters) - U.S. stocks fell for a second straight session on Tuesday as credit worries hit bank shares and a report showing inflation remains a threat despite slower growth stoked the market's anxiety.  Full Article   |  Video

 
UK's A&L sells 400 mln stg mortgage-backed bond Tuesday, 19 Aug 2008 06:01pm EDT

LONDON (Reuters) - Britain's Alliance & Leicester raised 400 million pounds ($744 million) from bonds backed by prime residential mortgages this week, only the second such deal in the moribund market in more than a year.  Full Article

 
Cox: US SEC to propose short sale rule in weeks Tuesday, 19 Aug 2008 06:01pm EDT

WASHINGTON (Reuters) - The top U.S. securities regulator plans to propose a new short selling rule in the next few weeks which would be broader than an emergency order covering just 19 financial stocks which ended last week.  Full Article

 
UPDATE 1-Goldman cuts view on 5 major US investment banks Tuesday, 19 Aug 2008 05:36pm EDT

NEW YORK, Aug 19 (Reuters) - Goldman Sachs & Co slashed its earnings outlooks for five major rivals on Tuesday, citing mounting write-downs on mortgages, a slowdown in overall activity, and legal expenses.  Full Article

 
US STOCKS-Fannie, Freddie fears, inflation slam Wall St Tuesday, 19 Aug 2008 04:30pm EDT

* Dow down 1.1 pct; Nasdaq off 1.4 pct, S&P down 0.9 pct (Updates to close)  Full Article