Goldman Sachs 4Q earnings jump on trading revenue

Investment bank Goldman Sachs saw its profits nearly quintuple in the first quarter, driven by a massive surge of revenue from its core investment banking and trading operations......»»

Shares of Goldman Sachs Group Inc. surged 1.2% in premarket trading Tuesday, after the investment bank reported second-quarter earnings and revenue that fell, but were well above expectations, and raised its dividend by 47%. .....»»

(Reuters) - Morgan Stanley tracked arch rival Goldman Sachs in delivering stronger-than-expected results on Wednesday, but sounded a note of caution about the impact of trade tensions and geopolitical concerns on future trading revenue......»»

Goldman Sachs (GS) continued the trend of strong trading revenue that was first evidenced by consumer & investment hybrid banks like JPMorgan Chase (JPM), Citigroup (C), and Bank of America (BAC). Morgan Stanley (MS) investors will ho.....»»

Goldman Sachs topped analysts' revenue estimates on Wednesday as stronger equities trading revenue cushioned bond trading losses, making it the only Wall Street bank so far to show growth in fourth-quarter trading revenue......»»

Goldman Sachs swung to a quarterly profit from a loss, and those earnings topped expectations. It was the only Wall Street bank to grow its trading revenue. Fred Katayama reports......»»

Shares of ViacomCBS Inc. surged 2.9% in premarket trading Thursday, after the media and entertainment company reported first-quarter profit and revenue that rose above expectations, boosted by a 65% jump in streaming revenue. Net i.....»»

The history of Goldman Sachs Group Inc (NYSE:GS) dates back to 1869 when German immigrant Marcus Goldman started a commercial paper trading bus.....»»

Shares of Goldman Sachs Group Inc. rose 1.7% in premarket trading Wednesday after the bank and brokerage company reported record profit and revenue th.....»»

Goldman Sachs, one of Deliveroo's underwriters, bought shares worth $103 million to boost its stock after its IPO dwindled. Goldman Sachs bought $103 million in Deliveroo shares to boost its stock after a disappointing IPO. Matt.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The bank added $293 million to its loan-loss reserves through the quarter, further bolstering it.....»»

Goldman Sachs Group reported strong fourth-quarter results bolstered by record revenue from deal making and the best trading environment in a decade......»»

Shares of Goldman Sachs Group (NYSE:GS) dropped 2% in pre-market trading after the bank reported mixed Q1 results. Quarterly Results Earnings per share decreased 45.53% year over yea.....»»

Reuters Goldman Sachs reported first-quarter earnings Wednesday morning that came in below analyst estimates as the firm grappled with the coronavirus outbreak. Quarterly revenue landed above Wall Stre.....»»

Companies Reporting Before The Bell The Goldman Sachs Group, Inc. (NYSE: GS) is projected to report quarterly earnings at $3.35 per share on revenue of $8.12 billion. read more.....»»

J.C. Penney Co. Inc. stock jumped nearly 3% in Thursday premarket trading after the department store retailer reported fourth-quarter earnings and revenue that exceeded expectations. Net income totaled $27 million, or 8 cents per share, down from $7.....»»

Etsy Inc. shares were up 13% in after-hours trading Wednesday after the online marketplace reported fourth-quarter earnings that beat Wall Street estimates. Etsy reported net income of $31.3 million, or 25 cents a share, in the quarter, compared w.....»»

Cloudflare Inc. shares were up 5% in after-hours trading Thursday after the web-infrastructure and website-security company reported fourth-quarter earnings above Wall Street expectations. Cloudflare reported a loss of $28.2 million, or 10 cents a s.....»»

Shares of Bristol-Myers Squibb were up 2% in premarket trading on Thursday after the company beat earnings estimates for the fourth quarter of 2019. The company had a net loss of $1.1 billion, or 44 cents per share, in the fourth quarter of 2019, a.....»»