Bonds Boost Goldman, Lehman Profits
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Goldman Sachs Group Inc.  and Lehman Brothers Holdings Inc.  on Tuesday posted higher-than-expected quarterly profits, fueled by surprising strength in bond trading and investment banking growth.
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Goldman Sachs Group Inc.   reported higher quarterly profit on Thursday, beating  estimates, on record investment banking fees and strong stock  trading.
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Investment bank stocks rose strongly  Tuesday after Goldman Sachs Group Inc. GS.N and Lehman  Brothers Holding Inc. LEH.N reported surprisingly strong  third-quarter results, indicating that sluggish market  conditions this summer did not dent Wall Street earnings.
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Profits at US investment bank Goldman Sachs are better than expected, despite slow summer business.
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Stocks rebounded in early trading after Goldman Sachs and Best Buy posted solid profit gains and central banks issued billions of dollars in loans to the worldâs commercial banks.
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NEW YORK, December 16  - Goldman Sachs Group (GS.NYS) reported sequential earnings growth of 36% for 4Q today. The renowned brokerage firm reported earnings of $1.19 billion or $2.36 per share
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Goldman Sachs Group Inc. 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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NEW YORK (CBS.MW) -- Goldman Sachs Group said Tuesday that its third-quarter net income rose as its fixed-income, currencies and commodities trading operation recorded sales that were nearly $1 billion ahead of year-ago levels, driven by rising energy
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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.
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Investment bank Lehman Brothers Holdings Inc.  said on Wednesday first-quarter profit rose 6 percent, as real estate and strong equity markets helped lift trading profits even with weakness in subprime mortgages.
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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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Goldman Sachs reported second-quarter earnings on Thursday.
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Lehman Brothers Holdings Inc. , the first of Wall Street's biggest firms to report second-quarter earnings, said profit rose 27 percent to a record as a rally in stocks fueled equity trading and investment-banking revenue increased.
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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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Investment banks Goldman Sachs and Lehman Brothers yesterday surprised analysts by posting better than expected third-quarter profits.
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NEW YORK -- Rising fixed-income and investment-banking revenue combined to help boost earnings in the latest quarter at two of Wall Street&#39;s biggest firms, Goldman Sachs Group Inc.
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Goldman Sachs Group Inc. , the largest investment bank by market value, said on Tuesday its quarterly earnings rose to a record, trouncing expectations despite recent fears that mortgage market woes and flagging stocks would hurt results.