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...
LONDON (Reuters) - Wall Street’s main markets were eyeing a return to all-time highs on Wednesday after a raft of Chinese data beat expectations, easing concerns about the health of its economy. FILE..
On Tuesday, U.S. stocks edged higher. What's contributing to the upswing? Technology shares like Uber and Lyft are proceeding with their IPOs. Netflix released its quarterly earnings reports. Johnson &..
Goldman Sachs is cutting 98 jobs across its operations, according to a filing. Employees have already been notified of the cuts, which are for "economic reasons" after the Wall Street bank's net income..
According to Reuters, the top markets on Wall Street closed the day trading a little lower. By the closing bell on April 15th, the top three markets on the New York Stock Exchange lost about two-tenths..
According to Reuters, bank stocks weighed the markets on Wall Street down, leading them into decline. By the closing bell on April 15th, the top three markets on the New York Stock Exchange lost about..