4 Compelling Financial Stock Stories for Investors
Goldman Sachs Group (NYSE:GS): Closing price $134.26
An initial public offering is being planned by a German property firm that is owned by the Goldman Sachs investment fund Whitehall, which will constitute one of the first new listings in Europe in 2013. The firm in question is LEG Immobilien, that specializes in residential property; its IPO could bring as much as $1.3 billion. Shares should commence sales in February, say knowledgeable sources. The announcement is timed well, as many European stock markets have rebounded following the last-minute agreement on the United States budget that was brokered January 1st and 2nd.