Goldman Sachs lifts 2024 S&P 500 target to 5,200 on upbeat profit outlookGoldman on Friday forecast an 8% profit increase for S&P 500 companies this year, fuelled by an improved U.S. economic outlook and stronger...
Kyiv says Russia has fired at least 24 North Korean ballistic missiles at UkraineRussia fired 24 North Korean ballistic missiles at Ukraine between December 30, 2023, and February 7, 2024. The missiles were received from...
Goldman sees potential upside to its S&P 500 earnings forecastS&P 500 companies' earnings per share will rise 5% to $237 this year, Goldman strategists led by David Kostin have predicted. That's alread...
Goldman Sachs latest Wall Street bank to see stock gains next yearThe team, led by David Kostin, joins others who have turned more positive about the outlook for equities, like Morgan Stanley's Michael Wil...
Russia's VTB may pull out of running for internet giant Yandex stake: CEO Andrei KostinOften dubbed "Russia's Google", Yandex is making progress on a corporate restructuring plan that should see it divest ownership and control...
Goldman Sachs ups year-end S&P 500 price target to 4,500Goldman's chief U.S. equity strategist David Kostin said in a note to clients the firm's 2023 earnings per share forecast for the S&P 500 o...
Wall Street rally at odds with profit outlookBoth Morgan Stanley's Michael J Wilson and Goldman's David J Kostin expect corporate profit margins to contract next year given unrelenting...
What assets do UK-sanctioned Russian oligarchs have?Roman Abramovich, Igor Sechin and five other Russian oligarchs are the most high-profile figures to be added to the British sanctions list ...
Goldman Sachs says stocks due for 18% drop after rally driven by FOMOA return to economic normalcy is a long ways away, investors have gotten ahead of themselves.
Goldman defends tech stocks, says crowding fear overdoneTech shares have tumbled 7 per cent this month, trailing the S&P 500 by 2 percentage points.
Russia's VTB Group continues to be interested in Essar SteelTo become eligible, they have to clear loans defaulted by their associate firms.
VTB intent on investing in Essar Steel, says head of the Russian financial groupMr Kostin, the head of VTB Group, is part of a Russian business delegation accompanying President Putin during his ongoing visit to India.
Goldman: Three hurdles the market faces in the fourth quarterIn its most recent US Weekly Kickstart, Goldman Sachs analysts highlight three hurdles the market faces as we approach what's turning out t...
Why nobody is worried about a likely recession in US in 2016One surprising question that clients have asked recently is the prospect for a US recession in 2016," Goldman Sachs' David Kostin wrote.
Buybacks a 'questionable use of cash': Goldman SachsStock buybacks have surged this year, and in April, companies announced plans to spend a record $133 billion on buying their own shares.
S&P 500 on track to hit new highs this year, says Goldman SachsGoldman Sachs equity chief David Kostin wrote that the S&P 500 will hit 2050 by the end of this year, and will rise 10% to hit 2150 within ...
Goldman Sachs: The S&P 500 will hit another all-time high before year-endIn a note to clients over the weekend, Goldman Sachs equity chief David Kostin writes that the S&P 500 will hit 2,050 by the end of this ye...