Author: iannouncethis.com
What To Expect From Goldman Sachs Stock?
NEW YORK, NEW YORK – JUNE 12: Goldman Sachs CEO David Solomon speaks with Forbes CCO Randall Lane … [+] during the 2023 Forbes Iconoclast Summit at Pier 60 on June 12, 2023 in New York City. (Photo by Taylor Hill/Getty Images)Getty Images Goldman Sachs’ stock (NYSE: GS) has gained approximately 4% YTD as compared to the 18% rise in the S&P500 index over the same period. Further, at its current price of $356 per share, it is trading 2% below its fair value of $363 – Trefis’ estimate for Goldman Sachs’ valuation. The investment bank posted mixed results in…
RLB up +69.62%, BTC +1.67%, Rollbit Coin is The Coin of The Day – Daily Market Update for Aug 09, 2023 | CoinCodex
Key highlights:The total cryptocurrency market cap increased from $ 1.18T to $ 1.19T in the past 24 hours, representing a 1.34% changeThe Bitcoin price at press time is $ 29,738 after growing by 1.67% in the last 24 hoursThe total crypto trading volume increased by 1.34% in the past 24 hours, and is currently at $ 174.83BAll prices and changes are presented at the time of publication: August 9, 2023, at 06:00 UTCMarket OverviewThe total cryptocurrency market cap is currently $ 1.19T after a 1.34% increase on the day. The total crypto trading volume increased by 1.34% in the same time frame.Bitcoin is trading at…
Rogue landlord Thomas Flight reportedly still owes money to renters after keeping deposits, fabricating tenant damage and leaving them without heating, The BBC reports. In January Thomas Flight pleaded guilty to four charges of misleading action, one of misleading omission and one of unfair commercial practice. The judge ruled that he span a “web of deceit” between June 2019 and January 2021, while he was fined £12,000 and ordered to pay £25,000 in costs. Speaking of deceit, Flight gave his address as the yacht “Miss Conduct”, which has sat in Bristol’s harbour since December 2021 and was also the location…
What You Need to Know
Many employers provide group term life insurance as a benefit for their employees. Some employers also make it available to the employee’s spouse and dependents. If you’re covered by a group policy at your job, then it’s important to understand how it works and whether your employer’s coverage is enough to meet your needs. Key Takeaways: Group term life insurance is an employee benefit that’s often provided by employers.Employees may also have the option to buy additional coverage through payroll deductions.The first $50,000 of group term life insurance coverage is tax-free to the employee. What Is Group Term Life Insurance?…
Warren Buffett on banking crisis fallout and why he sold most of his bank stocks except one
Warren Buffett, Berkshire Hathaway CEO, joins CNBC’s “Squawk Box” to discuss the fallout from the banking crisis and why he sold certain bank stocks. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News…
Gold ETF Outflows Cooled During July
Photo by Mario Tama/Getty ImagesGetty Images The pace of outflows from global gold-backed exchange-traded funds (ETFs) slowed in July, data from the World Gold Council (WGC) shows. Funds backed by physical gold experienced outflows of $2.3 billion last month. This was equivalent to some 34 tonnes, and pushed total holdings down to 3,387 tonnes. However, this was down from the 56-tonne outflow recorded in June. Flows in and out of physically backed gold ETFs, by month.World Gold Council Meanwhile, total assets under management (AUMs) rose 2% to $215 billion in July “as a rebound in gold price more than offset…
FCA-regulated investment platform Shojin has entered into partnerships with LINUS Digital Finance, a German real estate investment platform, and Reinvest24, an Estonian real estate crowdfunding platform. London-based Shojin offers a co-investment model to allow individuals to invest in real estate assets, including institutional-grade property development projects. Founded in 2016, Berlin-based LINUS also harnesses technology and real estate expertise to give investors access to high-quality co-investment opportunities. Shojin is now listing one of LINUS’s opportunities on its platform: the Oakley Square development in Camden, London. Shojin and LINUS are aligned in the ways they select projects, conduct due diligence and manage…
Texting Employees Cost Wall Street Firms $549M In Fines For Recordkeeping Rules Violation
How much does it cost to send a text message? For 11 trading firms, the practice of their employees texting about work on their personal devices has cost a combined $549 million in fines from federal regulators. Key Takeaways Wells Fargo and other Wall Street trading firms have agreed to pay $549 in fines to federal regulators for violating rules that require them to preserve electronic communications.Company employees used personal devices to send work-related text messages, making communications less available for investigators looking into potential wrongdoing, the Securities and Exchange Commission said.The fines are part of an ongoing effort by…
5 Things to Know Before Markets Open
Moody’s cuts the ratings for several banks while warning of downgrading others and UPS lowers its revenue and margins forecast following its new labor contract. Here’s what investors need to know today. 1.Moody’s Cuts Ratings for US Banks, Places Others on Review Moody’s cut the credit rating of several small and mid-sized U.S. banks on Monday and warned it may downgrade some of the nation’s larger banks as the sector’s credit strength will likely be tested by weaker profits. In pre-market trading, shares of New York Mellon (BK) were down 2.4%, US Bancorp (USB) dropped 1.5%, Truist Financial (TFC) fell…
NEW YORK, NEW YORK – AUGUST 07: Merchandise is displayed inside the Disney store on August 07, 2023 … [+] in New York City. The results follow a strong second fiscal quarter from theme parks and an improving streaming business (Photo by Kena Betancur/VIEWpress)Corbis via Getty Images Disney is expected to publish its Q3 2023 results on August 9. We expect Disney’s revenues to come in at $22.5 billion for the quarter, slightly ahead of consensus estimates, marking an increase of over 4.5% versus last year. We expect earnings to stand at $ 0.99 per share, compared to a consensus…