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Wednesday, November 12, 2014

BRIEF-Goldman Sachs defeats appeal over Dragon Systems buyout, (NYSE: GS)

Goldman Sachs Group Inc : * U.S. appeals court rules for Goldman Sachs Group Inc in lawsuit accusing it of negligence in arranging dragon systems takeover -- court ruling * 1st U.S. circuit court of appeals in Boston rejects bid by dragon systems'

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 0.89% or $-1.7/share to $190.18. In the past year, the shares have traded as low as $151.65 and as high as $192.68. On average, 2767450 shares of GS exchange hands on a given day and today's volume is recorded at 2297639.