Goldman earnings rise to a record
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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 reported strong fourth quarter and full year earnings of $1.19bn, up 36 per cent on the previous quarter. Full year profit rose 52 per cent from the previous year to $4.55bn.
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Goldman Sachs Group Inc. , the world's largest investment bank, said on Tuesday quarterly earnings nearly doubled on strong growth in almost every business, but some investors questioned whether the company can keep up the pace.
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THE stock market continued on its bullish performance by noon today, extending recent record highs with BHP Billiton in the vanguard.
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Morgan Stanley  on Wednesday said its second-quarter earnings rose 41 percent to a new record, beating expectations on higher trading and investment banking results.
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Investment bank stocks rose Tuesday after Goldman Sachs and Lehman Bros. reported surprisingly strong third-quarter results, indicating that sluggish market conditions this summer did not dent Wall Street earnings.
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Goldman Sachs on Thursday said fourth-quarter profit rose 23 per cent as its fixed-income, currency and commodities business soared while a rebounding stock market boosted investment banking.
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The Dow industrials rose to a record high on Monday amid a broad advance by stocks as takeover deals totaling more than $77 billion suggested to investors that equities could still gain further.
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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 reported profit of $3.2 billion, setting a record amid growing concern over falling stock prices and an imploding subprime mortgage market.
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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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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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Stock index futures rose sharply on Tuesday, suggesting Wall Street will open higher, before quarterly financial results from investment bank Goldman Sachs Group  later on Tuesday.
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Goldman Sachs reported second-quarter earnings on Thursday.
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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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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., 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.