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Goldman Sachs Group (GS) One to Watch

Shares of Goldman Sachs are expected to be under heavy trading volume today when their earnings are come out. GS is expected to post a per-share profit of $4.35 for its fiscal third quarter. Since the Fed rate cut Monday, shares of Goldman Sachs have risen over $15 from $190 a share to $205.50 a share. Currently the stock is up to $206.45 in after hours trading.

The Goldman Sachs Group, Inc., through its subsidiaries, provides investment banking, securities, and investment management services worldwide. The company operates in three segments: Investment Banking, Trading and Principal Investments, and Asset Management and Securities Services. The Investment Banking segment provides financial advisory services, including advisory assignments with respect to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and underwriting services, including public offerings and private placements of equity, equity-related, and debt instruments.

The Trading and Principal Investments segment markets and trades interest rate and credit products, trade equities and equity-related products, mortgage-backed securities and loans, currencies and commodities, and derivatives, as well as offers securities, futures, and options clearing services. This segment also involves in the merchant banking investments.

The Asset Management and Securities Services segment offers a range of investment advice services, as well as provides brokerage, financing services, and securities lending services to mutual funds, pension funds, hedge funds, foundations, and high-net-worth individuals. The company serves institutions, such as pension funds, governmental organizations, corporations, insurance companies, and foundations and endowments, as well as high-net worth and retail investors. The Goldman Sachs Group was founded in 1869 and is headquartered in New York, New York

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