Dimon and Blankfein — Simon and Garfunkel they are not. But when Wall Street’s two most powerful bankers do a public show like they did last week, it’s done to send a message. Both JPMorgan’s chief, Jamie Dimon, and his Goldman Sachs counterpart, Lloyd Blankfein, have been under...

In the last three decades, the world economy has grown by a remarkably similar rate. That time period, which coincidentally spans my professional career, has seen the global economy increase by approximately 3.4pc per annum in purchasing power parity terms. For the last few years, a central thesis of mine has been that, because of China’s ascent, this decade could ...

In a report published Friday, Goldman Sachs analyst Kent Schofield reiterated a Neutral rating on Aruba Networks (NASDAQ: ARUN), but lowered the price target from $20.00 to $18.00. In the report, Schofield noted, “Aruba observed well into F3Q that Cisco was expanding bundling (i.e.

In a report published Friday, Goldman Sachs analyst Kent Schofield reiterated a Sell rating on Brocade Communications Systems (NASDAQ: BRCD), but slightly lowered the price target from $5.10 to $4.80. In the report, Schofield noted, “We believe it is increasingly becoming apparent that Brocade's FY12 Data Storage growth of 9% was the function of p

NEW YORK (MarketWatch) -- Bloomberg on Friday said it appointed former IBM Chairman and Chief Executive Samuel J. Palmisano to review the company's practices and policies on use of client data. The move comes as the financial news and information company attempts to extricate itself from a controversy surrounding complaints by Goldman Sachs and J.P. Morgan that Bloomberg journalists used ...