The Goldman Sachs Group (NYSE:GS) reported net revenues of $6.72 billion versus $8.35 billion in the same period a year ago. Diluted earnings per common share of $2.88. Additionally the firm increased their quarterly dividend to $0.55 per common share from $0.50 per common share. Shares of GS are lower by about 2% so far today.
BB&T Corporation (NYSE:BBT) posted third quarter net income of $0.37 per diluted share. Net income available to common shareholders and earnings per share include the impact of a previously announced $235 million tax adjustment. Excluding this adjustment, BB&T's third quarter earnings totaled $0.70 per diluted share. Taxable equivalent revenues were $2.4 billion for the third quarter. Both revenue and earnings missed analyst expectations and the stock is down 1.4%.
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