Goldman Sachs

Morgan Stanley to slash 1600 jobs

It's going to be a tough new year for many at Morgan Stanley. The Wall Street bank has disclosed plans to cut 1600 jobs in the first three months of the coming year.

Gold prices soar as US rating credit dips

Amid downgrade of the U.S. credit rating by Standard & Poor, gold prices rose to $1,700 an ounce on Monday.

Goldman Sachs invests $450mn in Facebook

Goldman Sachs has decided to invest $450 million in the popular networking site Facebook along with Digital Sky Technology, a Russian investment firm, which will be investing $50 million.

Goldman Sachs Plans Tighter Bonus Rules

 Goldman Sachs (NYSE: GS) has adopted a new long-term bonus plan that lets the board award cash and stock on top of existing compensation, but lets the firm take back money if the employee takes too much risk, the investment banker said in filing with securities regulators.

 

Can the Economy Recover in 2011?

 Before you get too excited, I'm not planning on throwing my hat in the ring with my own predictions for the economy next year. I find plenty of ways to be wrong, and that is the kind of make-me-look-silly opportunity that I'm more than happy to pass on.

 

Warren Buffett Isn't a Stock Picker?

"Buffett buys control of companies. He is not a stock picker."
-- Dan Solin

Wait, what? Come again? The preceding is a comment from investment writer Dan Solin responding to a reader of his recent post "Foolish Advice From the Motley Fool." The advice that he's referring to came from yours truly.

Options? Are You Nuts?!

So how about that stock market rally? You think the recent dip was a speed bump? Or are we looking at another big drop sometime soon?

Noranda Aluminum Shares Popped: What You Need to Know

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

Are These Stocks Better Than Berkshire?

 When it comes to stocks, few companies inspire more loyalty than Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B). But one long-time shareholder is selling Warren Buffett's famous investment vehicle in favor of a wider range of arguably more exciting prospects. What might be most surprising, though, is what this institutional investor is buying to replace its Berkshire shares.

 

This Just In: Upgrades and Downgrades

 At The Motley Fool, we poke plenty of fun at Wall Street analysts and their endless cycle of upgrades, downgrades, and "initiating coverage at neutral." So you might think we'd be the last people to give virtual ink to such "news." And we would be -- if that were all we were doing.

Will Spain Be the Next Domino to Fall?

 After the last few weeks of turmoil in European markets, jittery investors have every reason to be worried about the economic woes in the eurozone. After repeatedly claiming its government would not need a bailout, Ireland has officially reached out for an EU/IMF-style bailout that could cost, according to Goldman Sachs, close to $130 billion. This greatly dwarfs the Greek bailout from earlier this year.

 

China Nepstar Shares Plunged: What You Need to Know

 Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.