A team of traders at Goldman Sachs made $100 million betting on natural gas, and it fueled a huge comeback for the Wall Street bank (GS)
Monday, 8 October 2018 · Goldman Sachs racked up $100 million in the first half trading natural gas, thanks to trades made by Shane Lee, a Calgary-based trader, and his team, according to people with knowledge of the matter.
· Natural gas prices set records in early January when below-average temperatures accompanied by a snow storm dubbed the Bomb...
According to Reuters, oil producers in the US are restoring drilling operations in the Gulf of Mexico. More than 90 offshore facilities are going back online, after their crews were evacuated ahead of Hurricane Michael. The evacuations caused US oil output in the Gulf to drop 40-percent, while...
Bloomberg News reports President Donald Trump is nearing a border deal that would prevent another government shutdown. According to a White House insider, Trump will sign the legislation and then use..
Business Insider reports the parent company of popular jewelry brands Kay Jewelers, Jared, and Zales has agreed to an $11 million settlement with the Consumer Financial Protection Bureau (CFPB) and the..
Morgan Stanley said net income rose to $1.5 billion from the prior year, but that missed analysts' $1.6 billion estimate. The Wall Street bank said fixed-income trading revenue had fallen 30% to $564..