Stocks in the news: Goldman Sachs, Genworth Financial, Biogen
The drumbeat of economic news continues even though U.S. stock markets are closed for the Good Friday holiday.
Goldman Sachs Group Inc. (GS) is planning a multi-billion stock offering to raise funds to repay the $10 billion it borrowed from the government's Troubled Asset Relief Program (TARP). The Wall Street Journal reports that an announcement about the sale -- which one analyst expects to be about $5 billion -- to come as early as next week.