Goldman Sachs (NYSE:GS) reported quarterly earnings that beat analyst estimates due to aggressive cost cutting, as well as strong revenues in iits investment banking and trading businesses. The company earned $2.1 billion, or $3.92 per share, versus $4.38 per share in teh same period last year. Analysts had expected a profit of $3.55 per share. The company also announced that it was raising its quarterly dividend to 46 cents from 35 cents.
Shares are about even in early trading.
Last week, JP Morgan (NYSE:JPM) and Wells Fargo (NYSE:WFC) also announced earnings that beat expectations.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
I absolutely consider this site the most important
Launch related slideshow:
Tuesday 7/29 Insider Buying Report: T, CLB
Monday 7/28 Insider Buying Report: QDEL, HAFC
Monday 7/28 Insider Buying Report: NHF, PCI
S&P 500 Movers: GLW, WIN
Nasdaq 100 Movers: VIP, WYNN
Dow Movers: UNH, T
S&P 500 Analyst Moves: MCK
S&P 500 Analyst Moves: HON
S&P 500 Analyst Moves: NWL
Tuesday Sector Leaders: Biotechnology, Metals Fabrication & Products
Tuesday Sector Laggards: Shipping, Rubber & Plastics
Monday Sector Leaders: Electric Utilities, Department Stores
Tuesday's ETF with Unusual Volume: VDC
Tuesday's ETF Movers: IYZ, GDXJ
TLT, FKO: Big ETF Outflows
Daily Dividend Report: K, WWE, AMGN, ETR, AVY, RBC
Daily Dividend Report: DAL, CP, CMCSA, HON, NEE, TWC, SCHW, AA, NE, MAC, TAP
Daily Dividend Report: INTC, MRK, V, BLK, AAL
Fed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
Weekly Market Wrap: July 25, 2014
Weekly Market Wrap: July 18, 2014
Weekly Market Wrap: July 11, 2014
Week Ahead Market Report: July 28, 2014
Week Ahead Market Report: July 21, 2014
Week Ahead Market Report: July 14, 2014
