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Friday, December 3, 2010

Goldman Sachs Shares Stumble as Firm Considers Selling Mortgage Servicing Division

"Shares of Goldman Sachs (GS) are down following a report that the firm is considering selling its mortgage-servicing division.

The move would come less than three years after moving into the business of collecting on home loans and foreclosing on delinquent borrowers, according to the Financial Times.

Goldman shares are down 0.35%, or $0.57, to $161.93."

Unemployment Rate Pops Up to 9.8 Percent.

The job market continues to falter. The AP's Mark Hamrick reports that's despite some recent signs of recovery.

NEWS ON BUZZ
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