Goldman Net Rises 23%; Shares Fall as Revenue Drops
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Goldman Sachs Group Inc., the third- largest US securities firm, said quarterly profit rose 23 percent. Its shares had their biggest fall in more than a year as trading revenue tumbled from the prior three months.
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Merrill Lynch & Co., the biggest U.S. brokerage, on Tuesday said quarterly profit fell slightly amid sharply higher expenses, but its shares rose as a 21 percent jump in revenue helped the firm beat expectations.
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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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U.S. stock futures pared losses and   pointed to a flat start on Wall Street on Tuesday after a   failed attack on the U.S. embassy in Syria rattled investors,   but shares of Goldman Sachs Group Inc. GS.N jumped before the   bell after the investment bank's quarterly earnings exceeded   expectations.
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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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U.S. stocks gained on Tuesday as oil   prices fell for a seventh day, helping to ease some inflation   worries, and as Goldman Sachs Group Inc. GS.N reported   stronger-than-expected results.
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Goldman Sachs Group Inc. and Lehman Brothers Holdings Inc. said fiscal third-quarter earnings rose more than expected, led by gains in bond and commodities trading and higher fees from mergers and acquisitions advice.
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Two Wall Street investment banks had markedly different success weathering summer market turbulence as results at Goldman Sachs Group Inc  easily exceeded expectations while those at Bear Stearns Cos  fell far short.
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Goldman Sachs Group Inc  said on Thursday that quarterly profit surged 79 percent, blowing away expectations of weak results, as the investment bank generated its second-highest revenue ever despite turbulent summer markets.
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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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Profits at US investment bank Goldman Sachs are better than expected, despite slow summer business.
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Goldman Sachs Group Inc., the third- largest US securities firm, said quarterly profit rose 23 percent, boosted by revenue from commodities and currency trading and fees from providing merger advice.
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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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NEW YORK (CBS.MW) - Goldman Sachs downgraded Tribune Co. Friday, saying the media company&#39;s circulation woes will soon translate into lower advertising revenue.
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Goldman Sachs Group Inc. , the  No. 3 U.S. investment bank, on Tuesday said its third-quarter  earnings fell as trading revenues dropped.
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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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The company said fourth-quarter earnings fell from year-ago results that included a one-time gain. But adjusted profit exceeded expectations on Wall Street, driven by higher sales.