Retail stocks flat; Chico s cut to conviction sell (at MarketWatch)
Retail stocks were little changed Monday ahead of the new-home-sales report. The S&P Retail Index was flat at 408.11. Meanwhile, women s clothing retailer Chico s FAS Inc. shares fell 4.3% to $9.80 after it was added to Goldman Sachs conviction sell list. Click here to read the full story
Read more..Goldman Names Bank Counterparties in AIG Hedge
Morgan Stanley, Citigroup and JPMorgan Chase were among banks that sold Goldman Sachs protection against the risk of a collapse of giant insurer American International Group, a source familiar with the matter said Friday. Click here to read the full story
Read more..Financial Stocks: Financial stocks post worse loss since late May (at MarketWatch)
Financial stocks close Friday with their steepest one-day percentage drop since May 20 on investor concerns about the chance of a double-dip recession and banks ability to generate revenue, fears that overrode better-than-expected profits and Goldman Sachs Group Inc. s settlement. Click here to read the full story
Read more..The Buzz: What s next for Goldman Sachs stock? (at CNNMoney.com)
Shares of the Wall Street powerhouse are surging now that the SEC fraud case is behind it. Too bad that the stock s pricey and fundamentals look shaky. Click here to read the full story
Read more..Dow Drops Over 100 as Consumers Mood Sours (at CNBC)
Stocks tumbled Friday, with the Dow down over 100 points, after a report showed consumer sentiment dropped to its lowest level in nearly a year. Goldman Sachs shares jumped. Click here to read the full story
Read more..Stocks Fall After Bank Earnings; Goldman Rises (at CNBC)
Stocks opened lower Friday after earnings from General Electric, Bank of America and Citigroup. Goldman Sachs shares jumped. Click here to read the full story
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