Goldman profit rises on banking, investments
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Goldman Sachs Group Inc. , the largest investment bank by market value, said on Tuesday that its quarterly profit rose 93 percent on investment gains, banking fees and strong trading results.
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Morgan Stanley third-quarter earnings   soared 59 percent, trouncing expectations, as the largest U.S.   investment bank posted strong trading and banking gains despite   a summertime slowdown in the markets.
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Investment banking firm Goldman Sachs Group Inc. said Thursday that fourth-quarter earnings rose 23 percent to beat Wall Street expectations.
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Stock index futures remained higher on Tuesday after investment bank Goldman Sachs Group  reported its fourth-quarter earnings rose.
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Goldman Sachs Group Inc  said on  Tuesday its fourth-quarter earnings rose as a timely bet  against subprime mortgages and higher investment banking fees  helped it sidestep the credit crunch that hammered the rest of  Wall Street.
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Goldman Sachs Group Inc., the third- largest US securities firm, said profit rose 30 percent as fixed-income and commodities trading revenue increased by almost $1 billion and fees from mergers advice climbed.
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Goldman Sachs Group Inc  said on  Thursday that quarterly earnings surged 79 percent as revenue  from investment banking and trading increased despite turbulent  summer markets.
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Goldman Sachs Group Inc. , the  largest investment bank by market value, said on Tuesday that  its quarterly profit rose 93 percent on investment gains,  banking fees and strong trading results.
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U.S. stocks climbed on Tuesday after  several banks, including Bank of America Corp. BAC.N, posted  higher fourth-quarter profits, while a stabilization in oil  prices eased worries about steep energy costs.
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Bank of America Corp. , the No. 3 U.S. bank, on Tuesday said fourth-quarter profit rose 41 percent, helped by growth in consumer banking fees and its purchase of FleetBoston Financial Corp.
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Goldman Sachs Group Inc  said on Tuesday fourth-quarter earnings rose 2 percent, beating expectations and capping a record year, but its shares fell more than 3 percent after it gave a cautious outlook.
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Goldman Sachs reported second-quarter earnings on Thursday.
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Bank of America Corp. , the second-largest U.S. bank, said on Thursday quarterly profit rose 5 percent, as private equity and investment banking gains offset lower retail banking earnings and worsening loan quality.
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Goldman Sachs Group Inc. GS.N on  Thursday said fourth-quarter profit rose as its fixed-income,  currency and commodities business soared while a rebounding  stock market boosted investment banking.
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The investment bank said that private-equity investments and investment banking helped fourth-quarter profit beat Wall Street expectations.
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Morgan Stanley  on Wednesday  said quarterly earnings rose on strong trading and merger  activity, as the largest U.S. investment bank continued its  turnaround from a tumultuous 2005.
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Goldman Sachs Group Inc. eked out a 1 percent increase in quarterly profit on Thursday as a sharp drop in fixed income trading revenue offset record investment banking fees and strong equities income.