Goldman profit surges despite summer turmoil
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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. , 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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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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Goldman Sachs Group Inc  said on Tuesday fourth-quarter earnings rose 2 percent, beating expectations and capping a record year, but its shares fell after the investment bank cautioned that markets will remain challenging in the near future.
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Goldman hasn't lost its golden touch, as seen with its end-of-the-year results for 2006.
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WASHINGTON -- Worker productivity surged in the summer at the fastest pace in four years while wage pressures eased.
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Investors are wowed by the firmâs first quarterly earnings report since it became a publicly-owned company, which showed sales and profit more than doubled in the third quarter.
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Stock market bulls are betting strong  second-quarter profits will send equities even higher with the  earnings reporting season in full swing this week.
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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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Goldman Sachs Group Inc. GS.N on  Thursday said fourth-quarter profit rose 23 percent as its  fixed-income, currency and commodities business soared while a  rebounding stock market boosted investment banking.
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Carnival Corp & Plc   posted a better-than-expected 12 percent rise in quarterly profit on Thursday on stronger pricing and the introduction of new ships during the busy summer cruise season.
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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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Goldman Sachs reported second-quarter earnings on Thursday.
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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 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.
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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 Group Inc  said on Tuesday its fourth-quarter earnings rose 2 percent, trouncing expectations as higher merger advisory fees and surprisingly strong debt trading results helped it sidestep the credit crunch that has hammered the rest of Wall Street.