Goldman Sachs: Financial Winner
NEW YORK (TheStreet) - Goldman Sachs was the winner among the largest U.S. financial companies on Tuesday, with shares rising over 2% to close at $158.65.
The continued flow of merger deals appeared to buoy the broad market. There were several reports on Monday saying that Office Depot and OfficeMax were negotiating a deal.
There was also a relatively small bank deal on Tuesday, with Capital One announcing that it had agreed to sell its $7 billion portfolio of Best Buy credit card receivables to Citigroup, for undisclosed terms. Acquisitions are among the strategies being considered
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