Goldman pitches hedge funds product to bet against corporate loans, source says [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am
Check Earnings Report
US:NYSE Investor Relations:
goldmansachs.com/investor-relations
Company Research
Source: Yahoo! Finance
By Saeed Azhar and Manya Saini NEW YORK, March 9 (Reuters) - Wall Street investment banking giant Goldman Sachs is pitching ?hedge funds a financial product that allows them to take ?a short or long position on corporate loans, a source familiar with the ?matter said. The product, known as a total return swap, is a derivative contract that allows investors to profit from changes in market value of the loans, the source said. No trades have been executed using ?this strategy so far, the ?source said. The Financial Times earlier reported the news, saying the Wall Street bank has offered clients complex ?trades that would allow them to profit from further falls in loans made to software companies that have come under pressure in recent ?months. "As a ?market-maker, we obviously engage constantly ?with clients on facilitating the ?trading strategies they want to execute. This happens every day, across many asset classes, in every market environment," a Goldman spokesperson said
Show less
Read more
Impact Snapshot
Event Time:
GS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GS alerts
High impacting Goldman Sachs Group, Inc. (The) news events
Weekly update
A roundup of the hottest topics
GS
News
- The Goldman Sachs Group (GS) had its "neutral" rating reaffirmed by JPMorgan Chase & Co..MarketBeat
- The Goldman Sachs Group (GS) had its price target lowered by Wells Fargo & Company from $1,050.00 to $1,000.00. They now have an "overweight" rating on the stock.MarketBeat
- Goldman Sachs Lifts PT on GE Vernova (GEV) Stock [Yahoo! Finance]Yahoo! Finance
- Citi profit jumps 42% as market volatility lifts trading revenue [BNN Bloomberg (Canada)]BNN Bloomberg
- The Goldman Sachs Group (GS) had its price target lowered by Bank of America Corporation from $1,100.00 to $1,050.00. They now have a "buy" rating on the stock.MarketBeat
GS
Earnings
- 4/14/26 - Beat
GS
Sec Filings
- 4/14/26 - Form 424B2
- 4/14/26 - Form 424B2
- 4/14/26 - Form 424B2
- GS's page on the SEC website