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Monday, August 4, 2014

Market Chatter- Corporate finance press digest, (NYSE: GS)

The following corporate finance-related stories were reported by media : * Trustees representing investors in JPMorgan Chase & Co's $4.5 billion settlement over money-losing mortgage-backed securities are expected to accept the bank's proposal for the vast majority of their trusts, a person familiar with the matter told Reuters.* Wall Street firms led by Goldman Sachs Group Inc <GS.N. are close to buying a stake in chat and instant messaging startup Perzo Inc in pursuit of an alternative to a similar application from Bloomberg LP, sources familiar with Goldman's plans said.

The Goldman Sachs Group, Inc. (Goldman Sachs), is a global investment banking, securities and investment management firm that provides a range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Shares of GS fell by 1.52% or $-2.62/share to $170.25. In the past year, the shares have traded as low as $151.33 and as high as $181.13. On average, 2504320 shares of GS exchange hands on a given day and today's volume is recorded at 3140151.



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