On Thursday, Goldman Sachs Group Inc (NYSE:GS)’s shares declined -1.06% to $210.98.
The Goldman Sachs Group, Inc. (GS) plans to host a Fixed Income Investor conference call on Tuesday, August 4th at 12:00 p.m. (ET) with Harvey Schwartz, Chief Financial Officer and Liz Beshel Robinson, Treasurer. A presentation will be accessible on the Investor Relations section of the firm’s web site, http://www.goldmansachs.com/investor-relations.
The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment administration company worldwide. The company operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Administration. The Investment Banking segment provides financial advisory services, such as planned advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs, and risk administration; and underwriting services, counting public offerings and private placements of a range of securities and other financial instruments, in addition to derivative transactions reached with public and private sector clients.
Yelp Inc (NYSE:YELP)’s shares gained 1.74% to $35.04.
Yelp Inc. (YELP), the company that connects consumers with great local businesses, recently declared that it will issue its financial results for the second quarter ended June 30, 2015 after the market close on Tuesday, July 28, 2015. Yelp will host a conference call to talk about the results at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) on the same day.
Yelp Inc. operates a platform that connects people with local businesses in the United States. Its platform covers various local business categories, counting restaurants, shopping, beauty and fitness, arts, entertainment and events, home and local services, health, nightlife, travel and hotel, auto, and others categories. The company provides local advertising services, counting free and paid business listing services to businesses of various sizes, in addition to enable businesses to deliver targeted search advertising to large local audiences through its Website and mobile app.
At the end of Thursday’s trade, Harley-Davidson Inc (NYSE:HOG)‘s shares dipped -0.61% to $58.26.
Harley-Davidson, Inc. (HOG) second-quarter 2015 diluted earnings per share were $1.44 contrast to EPS of $1.62 in the year-ago period. Second-quarter net income was $299.8 million on merged revenue of $1.82 billion contrast to net income of $354.2 million on merged revenue of $2.00 billion in the year-ago period. Second-quarter results are in line with company expectations following Harley-Davidson’s decision in April to lower motorcycle shipments from initial projections for 2015 in light of currency-driven competitive pressures in the U.S. and the company’s commitment to manage supply in line with demand.
Dealer new motorcycle sales were down 1.4 percent worldwide for the second quarter contrast to the year-ago period, but gained momentum as the quarter progressed.
Harley-Davidson, Inc. manufactures cruiser and touring motorcycles. The company operates in two segments, Motorcycles & Related Products and Financial Services. The Motorcycles & Related Products segment designs, manufactures, and sells wholesale street-legal Harley-Davidson motorcycles, in addition to a line of motorcycle parts, accessories, general merchandise, and related services. This segment manufactures six platforms of motorcycles: Touring, Dyna, Softail, Sportster, V-Rod, and Street. It offers motorcycle parts and accessories comprising replacement parts, and mechanical and cosmetic accessories; general merchandise, such as MotorClothes apparel and riding gear; and motorcycle rentals and motorcycle rider training services, in addition to licenses the Harley-Davidson name and other trademarks. This segment sells its products to retail customers through a network of independent dealers primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America.
LendingClub Corp (NYSE:LC), ended its Thursday’s trading session with -0.47% loss, and closed at $14.83.
At CGI America, President Bill Clinton declared a Commitment to Action between Lending Club (LC), the world’s largest online marketplace connecting borrowers and investors, and Opportunity Fund, a national leader in community-based lending to small businesses.
This pilot program is intended to provide up to $10 million in loans to small businesses in underserved areas of California, assisting an estimated 400 businesses create 1,000 jobs, based on historical impact data collected by Opportunity Fund. The partnership was developed as part of the Community Investment Working Group.
Access to capital for entrepreneurs plays a key role in economic mobility, job creation, and the health of the middle-class, but bank lending to small businesses has failed to recover from the 2008 recession. According to FDIC data[1], while bank commercial loans of $1 million or more have raised by 47% from 2007 to 2014, loans of $100,000 or less have actually fallen by 9%. According to Opportunity Fund, minority communities and women entrepreneurs are particularly underserved, exacerbating disparities in wealth and opportunity.
LendingClub Corporation operates as an online marketplace for connecting borrowers and investors in the United States. Its marketplace facilitates various types of loan products for consumers and small businesses, counting unsecured personal loans, super prime consumer loans, unsecured education and patient finance loans, and unsecured small business loans.
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