Samsung Galaxy Tab tablet in South Korea

Samsung Electronics Co. will delay the introduction of its Galaxy Tab tablet computer in South Korea to equip the device with better localized applications for the domestic market, the company said. Samsung will push back its initial plan to show the product to the local media on Oct. 14, the Suwon, South Korea-based company said [...]

Goldman Sachs Group Inc. 2Q profit tumbled 82 Percent

Goldman Sachs Group Inc. said Tuesday that its second-quarter profit tumbled 82%, crippled by its settlement with the Securities and Exchange Commission, the U.K. bank payroll tax and sharp revenue drops in its trading and investment banking units. Quarterly profit at the investment bank fell to $613 million, or 78 cents a share, from $3.44 [...]

Goldman Sachs Executives Should Resign

April 16 (Bloomberg) — Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein and finance chief David Viniar should resign over fraud allegations, according to Dick Bove, an analyst at Rochdale Securities. “Will Lloyd Blankfein, CEO, and David Viniar, CFO, maintain their positions in the company? I do not think so,” Bove wrote in a [...]

Goldman Sachs Responds to SEC Complaint – financial services

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, [...]

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