As it reflects the theoretical cost of buying the company's shares, the market cap of The Goldman Sachs Group, Inc. (NYSE:GS) is currently rolling at 68133.55, making it one of the key stocks in today's market.
According to a statement by the S�o Paulo-based company, Goldman Sachs Specialty Lending Group arranged the deal, which consists of one revolving credit facility for $25 million and another for 100 million reais ($28 million).
Goldman Sachs and Johnson & Johnson released their latest quarterly earnings reports before opening bell this morning. Johnson & Johnson posted adjusted earnings of $1.68 per share for the first quarter, compared to the consensus of $1.65 per share.
Zacks has a rating methodology wherein it gives a 1-5 rating to the stock. As per this methodology, any score of 1 or 2 means a Buy call, a score of 4 or 5 gives sell indication, and a score of 3 implies a recommendation to hold stock.
Goldman Sachs Group Inc. has expressed its concern about the surge in speculative trading in iron ore futures in China, saying that daily volumes are now so large that they sometimes exceed annual imports.