Goldman to post profits aided by subprime woes: report
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Goldman Sachs Group Inc's  bet that securities backed by risky home loans would fall in value brought nearly $4 billion of profits in the year ended November 30, the Wall Street Journal reported on its Web site on Thursday, citing people familiar with its finances.
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Most large US banks appear poised to post higher third-quarter profits, but may struggle to post big gains as sluggish commercial lending and weak stock trading
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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.  posted its best quarterly earnings ever on Tuesday on record trading and banking results, trouncing expectations that were recently lowered amid fears that mortgage market woes and volatile stocks would hurt results.
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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. GS.N and  Lehman Brothers Holdings Inc. LEH.N on Tuesday posted  higher-than-expected quarterly profits, fueled by surprising  strength in bond trading and investment banking growth.
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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 Group Inc.  and  Bear Stearns Cos. Inc.  are learning that it&#39;s a tough  time to be in the U.S. mortgage business.
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U.S. stocks were little changed on  Thursday, with investment bank Goldman Sachs Group Inc. GS.N  falling after reporting disappointing revenues, while a slew of  data gave a mixed picture of the economy.
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Although UBS predicted a return to profitability in the fourth quarter, the losses from subprime mortgage investments left analysts wondering about further big write-offs.
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Berkshire Hathaway Inc. (BRKa.N: Quote, Profile, Research) , the wide-ranging conglomerate run by billionaire investor Warren Buffett, posted sharply lower quarterly profit
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Merrill Lynch & Co Inc  faces a $1.5 billion third-quarter loss on its fixed-income business, driven by $4 billion in asset write-downs connected to leveraged loans and mortgages, a Goldman Sachs analyst said on Wednesday.
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Goldman Sachs Group Inc. on Tuesday   said third-quarter profit fell less than expected as strong   investment banking results offset a summer slump in trading,   sending its shares higher.
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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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Goldman Sachs Group Inc. on Thursday  said fourth-quarter profit rose 23 percent on strong  fixed-income and commodities trading results and investment  banking gains, but shares fell as revenue missed expectations.
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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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Wall Street profits from U.S.   operations may fall 23 percent next year as the economy slows,   corporate earnings growth moderates and fees decline, a new   study shows.