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China's latest counterfeit victim? Goldman Sachs

After a fake Apple (NASDAQ: AAPL)store, a fake Ikea and a fake branch of one of the world's biggest banks, China's innovative copycats seem to be scaling the value chain: all the way up to Goldman Sachs (NYSE: GS), the international investment bank. Nestled in the boomtown of Shenzhen, bordering Hong Kong, Goldman Sachs (Shenzhen) Financial Leasing Company is the latest case to emerge. It is ...
Source: Financial Times | By: Ben Bland
By the numbers: Markets roar back from declines

After Tuesday's last minute collapse, investors on Wednesday had to wait until the closing bell to see if a market rally could hold. (Tweet this.) And a rally it was. The Dow Jones industrial average (Dow Jones Global Indexes: .DJI) closed up more than 600 points to end at 16,285.51. The last time the index closed up over 500 points was back in November 2008. The S&P 500 (INDEX: .SPX) also ...
Source: CNBC.com | By: Reem Nasr
Goldman: Look at Google like a biotech start-up

Investors eyeing the Google stock could look at the technology giant's new structure like a venture capitalist would a biotechnology portfolio, an analyst said. "You'll take a look at where you see the potential and determine over what time period you'll see some of these different businesses that they're involved in generating capital," Heather Bellini said Wednesday, as shares of Google ...
Source: CNBC.com | By: Anita Balakrishnan
Bove: These banks exposed to stock liquidity risk

Big investment banks like Goldman Sachs (NYSE: GS) and Morgan Stanley (NYSE: MS) are most at risk of liquidity challenges as markets sell off, Rafferty Capital's Dick Bove said Wednesday. Earlier this week, Bove said liquidity, or the ability to keep cash flowing and match up buyers and sellers, is posing perhaps the biggest challenge ahead. If markets do not see a "buying surge," there will ...
Source: CNBC.com | By: Tom DiChristopher
10 oversold stocks ready to pop

Some leading market watchers are predicting a relief rally after the S&P 500 (INDEX: .SPX) closed at its most oversold level since August 2011. In the past week alone, the S&P 500 is down 11 percent as investors flock to the sidelines amid concerns over an economic slowdown in China, the world's second largest economy, and other imbalances in emerging markets. During Tuesday's session, the S&P ...
Source: CNBC.com | By: Giovanny Moreano
European markets close: Citi warns on Greece  

Media Link Transcript It's do they sold out Wall Street with and had blow up you're went back into negative territory for the loss for the hall palace it's just plowed further and further down throughout the session and I think that's why ultimately you've seen another McDonald market Tia. Perhaps selling. Inspired by the Europeans on the market before they head off. For the weekend but ADP IG ...
Source: CNBC.com
U.S.-India aircraft carrier working group holds inaugural meeting

MARINETTE, Wisconsin, Aug 20 (Reuters) - A high-level U.S.-Indian working group met in Washington last week for the first of an ongoing series of meetings aimed at establishing broader cooperation on the design, development and production of aircraft carriers, the U.S. Navy said on Thursday. As part of the three-day visit, senior U.S. and Indian naval officers visited the shipyard in Newport ...
Source: Reuters | By: Andrea Shalal
Early movers: HD, WMT, DKS, URBN, BAM, MCD & more

Check out which companies are making headlines before the bell: Home Depot (NYSE: HD)-The home improvement retailer matched estimates with adjusted quarterly profit of $1.71 per share, with revenue and comparable-store sales beating Street forecasts. Home Depot also raised its sales and profit forecast for the full year. Wal-Mart (NYSE: WMT)-The retail giant missed estimates by 4 cents with ...
Source: CNBC.com | By: Peter Schacknow
Kinder policies, but not gentler workplace

On Wall Street, in Silicon Valley, across the legal profession and the corporate world, a growing chorus of companies are singing the praises of a kinder workplace, announcing policies like generous maternity leave at Netflix (NASDAQ: NFLX), and Goldman Sachs's (NYSE: GS) rule against investment-banking analysts working on Saturdays. But a closer look at the forces that drive the relentless ...
Source: The New York Times | By: Noam Scheiber
Nikkei edges up on Wall St gains, but China concerns cap market

* FDA's warning on testing violations dents medical device makers GS Yuasa soars on report it will start producing next-generation lithium-ion batteries By Ayai Tomisawa TOKYO, Aug 18 (Reuters) - Japanese shares were up modestly on Tuesday morning after U.S. stocks rose, but investors remained cautious amid volatility in the Chinese market after last week's surprise devaluation of its ...
Source: Reuters