Goldman Sachs’s earnings report beats extimates GS Goldman Sachs Group Inc. (NYSE:GS) rose as much as 6.3% in New York trading after the bank reported profit that exceeded analysts’ estimates, helped by a reduction in compensation costs. The shares gained 6.12 to 103.80 at 12:10 p.m. Q-4 net income at the New York-based Company dropped [...]
Biodiesel consulting firm Lee Enterprises of Little Rock, Ark., has announced plans for expansion in 2012 into ethanol, biomass, wind, solar and geothermal, and the addition of consultants and strategic partners. “We are currently the world’s largest biodiesel consulting group, and most of our consultants and strategic partners are already very involved in the other [...]
Red’s Bull Trade Alert: Luxottica Group S.p.A., (NYSE:LUX) Early Call 2 December 2011 Profile: Luxottica Group S.p.A., together with its subsidiaries, provides luxury and sport/performance eyewear worldwide. It operates in two segments, Manufacturing and Wholesale Distribution, and Retail Distribution. The Manufacturing and Wholesale Distribution segment engages in the design, manufacture, wholesale distribution, and marketing of [...]
The board of Renewable Energy Group (REG) today announced the succession plan for a seamless transition of the company’s leadership positions. The board offered unanimous approval of Jeff Stroburg’s request to transition from the dual position of Chairman of the Board and Chief Executive Officer to the sole role of Chairman of the Board. Daniel [...]
Blackstone sells its 95% stake in Shanghai Mall BX Blackstone Group LP (NYSE:BX) is selling its 95% stake in a Shanghai mall to New World Development Co. (HK:0017) for CNY1.46-B (US8-M), a source said late Tuesday. Last week, Hong Kong-listed New World Development said it had agreed to buy the Channel One Shopping Mall from [...]
