Mergers, Acquisitions, Venture Capital, Hedge Funds — DealBook – New York Times


Yet another Wall Street analyst has joined the crowd forecasting that Goldman Sachs will have no choice next month but to report its first-ever quarterly loss.

Brad Hintz of Bernstein Research sent a research note to clients on Monday predicting that the investment bank-turned-bank holding company, would lose 54 cents a share for the three months ending in November, compared with earlier estimates that had Goldman making $2.12 a share.

Mr. Hintz joins a slew of analysts, including David Trone of Fix-Pitt Kelton, in forecasting a loss at Goldman Sachs. Like the other analysts, Mr. Hintz attributed the expected loss primarily to reduced sales and trading revenues in the fixed-income and stock markets, where conditions are difficult and volatile.

via Mergers, Acquisitions, Venture Capital, Hedge Funds — DealBook – New York Times

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About zyakaira

Investment Banker, 40s, Bangalore This Biopic and this web recreates how one point of view, one person can impact a tremendous economic engine that the world thrives and mis-thrives on. This one has the knowledge and the civil sense , the art of conversation and some good writing to mentor others as powerful and help global managers develop and fine tune their approach on US markets, China, India and the world. Read on here, and let me know what you need. It can be a race for TRPs, a race for new markets and a race to do what is right. I have the pulse of the crisis, the recovery and the market direction and can help you build and refine your strategy as i have helped thousands of managers and multiple global corporations. Of course, it’s more fun if you talk to me. I am in favor of leading this moving of the economic crisis and will partner with you in a soft and subtle way, just the way we both ride to the top. But you can write with us, opine and just reply with aplomb and shine on Twitter , 4 square , Facebook and any other social “choupal” of choice via zyaadakairaada Profile & Portfolio - SocialPicks Different flavours at: http://benchilibowl.wordpress.com http://zyaada.mp

Posted on November 18, 2008, in Bank Stocks, Financial Markets, Global, US and tagged , , , , , . Bookmark the permalink. Leave a comment.

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