Uncle Sam builds a floor for the housing market

By Geert De Lombaerde Posted on October 27, 2009 at 9:21 am

Goldman Sachs researchers say the government’s interventions in the housing market have added 5 percent to the value of our homes. The question is how long that crutch will carry us.

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Tags: Goldman Sachs, government intervention, government stimulus, home prices, housing market, residential real estate  

Gaylord up on Goldman target tweak

By Geert De Lombaerde Posted on September 29, 2009 at 2:45 pm

Shares of Gaylord Entertainment (Ticker: GET) and a number of other hotel operators had a nice Tuesday after Goldman Sachs analyst Steven Kent lifted his price targets and said the next economic upswing will bring more people and higher prices.

SEE ALSO: Kent’s call earlier this year that excluded Gaylord

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Tags: analyst actions, Gaylord Entertainment Co., Goldman Sachs, hotel management, Steven Kent, stock valuation  

Goldman Sachs back up a year after rescue funds

By Sananda Sahoo Posted on July 14, 2009 at 2:51 pm

The New York-based bank announced all-time high earnings as revenues from trading and stock underwriting, barely a year after accepting $10 billion as rescue funds. The bank’s net revenue was $3.44 billion, at $4.93 a share, it said today.

That surpassed the $3.65 per-share average estimate of 22 analysts surveyed by Bloomberg and was 65 percent higher than last year’s second quarter.

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Tags: Goldman Sachs