Goldman chief says profit matters after WeWork loss
Goldman Sachs, stung by losses in Uber and WeWork, has a message for investors in growth stocks: profit matters. After years of pursuing revenue growth at all costs, driven by cheap money, markets... To view the full story, click the title link......»»
Goldman Smashes Revenue, Profit Expectations As Loss Provisions Slide
Goldman Smashes Revenue, Profit Expectation.....»»
Goldman Sachs profit halves on higher loan loss provisions, investment hit
Goldman Sachs reported a 49 percent drop in quarterly profit......»»
Goldman Sachs profit halves on higher loan loss provisions, investment hit
Goldman Sachs Group Inc reported a 49% drop in quarterly profit on Wednesday, as it set aside significantly higher provisions related to corporate loans due to the impact of COVID-19 and booked heavy losses on its debt and equity investments......»»
Goldman Sachs profit halves on mounting loan loss provisions
Goldman Sachs Group Inc reported a 49% fall in quarterly profit on Wednesday, as the bank put aside nearly $1 billion to meet future loan defaults and booked heavy losses on its debt and equity investments......»»
Goldman CEO says process on canceled WeWork IPO "worked"
Goldman Sachs Chief Executive David Solomon called WeWork's abandoned initial public offering (IPO) a great example of the listing process working on Tuesday, even if was "not as pretty as everybody would like it to be"......»»
Goldman profit slammed by souring WeWork, Uber bets
Goldman Sachs Group Inc missed Wall Street estimates for quarterly profit on Tuesday as it took heavy losses from high-profile investments in WeWork and Uber Technologies and faced up to a weakening global economy......»»
Goldman profit falls short on weak M&A advisory; WeWork weighs
Goldman Sachs Group Inc missed Wall Street estimates for quarterly profit on Tuesday as global economic worries dampened appetite for deals, while it faced up to losses on its own high-profile investments in Uber Technologies and WeWork......»»
ZIM Turns A Profit In Second Quarter
ZIM Integrated Shipping Services reported a net profit in the second quarter of 2019 of $5.1 million, compared to a $33.2 million net loss in the second quarter of 2018. Eli Glickman, the president and chief executive officer of the Israe.....»»
Tesla"s Musk "sees merit" in capital raise, vows profit in third quarter after large loss
Tesla Inc Chief Executive Elon Musk suggested on Wednesday a capital raise could be imminent, as the electric vehicle maker lost $700 million in the first quarter and predicted a return to profit in the third......»»
Tesla"s Musk "sees merit" in capital raise, vows profit in Q3 after large loss
Tesla Inc Chief Executive Elon Musk suggested on Wednesday a capital raise could be imminent, as the electric vehicle maker lost $700 million in the first quarter and predicted a return to profit in the third......»»
Goldman Sachs beats on bond trading strength, names new CEO
Goldman Sachs Group Inc reported a better-than-expected quarterly profit on Tuesday and named bank insider David Solomon to replace long-time Chief Executive Lloyd Blankfein......»»
Goldman Sachs names new CEO, profit beats; shares dip
Goldman Sachs Group Inc announced a new chief executive on Tuesday and reported a better-than-expected jump in quarterly profit, but investors focused on relatively weak performance in its main businesses......»»
Goldman Sachs predicts no recession in 2019 but sees a "sharp slowdown"
Goldman Sachs does not foresee any recessions in major economies in 2019 but low profit growth is on the cards in the U.S. and Europe, its chief global equity strategist told CNBC Tuesday......»»
Rising trading revenue lifts Goldman"s results
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......»»
Goldman dealmakers shine in Solomon"s maiden quarter
Goldman Sachs Group Inc turned in a better-than-expected profit during David Solomon's first quarter at the helm, helped by dealmakers in the division the new chief executive once oversaw......»»
Ford Swings to a Loss, Misses Analysts" Profit Estimates
Ford’s fourth-quarter operating income dropped 28% amid worsening losses in China and Europe, underscoring the pressure on the auto maker’s stout U.S. business as Chief Executive Jim Hackett tries to revitalize the company......»»
General Electric posts small profit in Q4, cash flow slows
U.S. industrial conglomerate General Electric Co reported a $666 million profit from continuing operations for the fourth quarter, recovering from a $11.2 billion loss a year ago, as it accelerated restructuring under a new chief executive......»»
General Electric posts small profit in Q4, cash flow slows
U.S. industrial conglomerate General Electric Co reported a $666 million profit from continuing operations for the fourth quarter, recovering from a $11.2 billion loss a year ago, as it accelerated restructuring under a new chief executive......»»
Goldman Sachs Sees Resurgence In Debt Underwriting And Deal Activity, Q1 Profit Jumps 28%
On Monday, Goldman Sachs Group Inc. (NYSE:GS) reported revenue of $14.21 billion for the first quarter of 2024, beating the consensus of $12.92 billion. Sales increased 16% year over y.....»»
Coinbase hires a former Goldman exec to head the crypto exchange"s lobbying efforts
Coinbase hired former Goldman Sachs executive Faryar Shirzad as its chief pol.....»»