Wall Street Sees Soaring Start to Q4 Earnings Season
Both banks beat analysts’ expectations by a mile, with GS reporting quarterly EPS of $5.60 versus EPS estimates of $3.78 and JPM reporting EPS of $1.39 versus estimates of $1.22.
‘Wall Street, We’ve Got a Problem,’ Says Wall Street
Who thinks Wall Street has a reputation problem and that increased regulation is needed to restore trust in the financial services industry? Wall Street, that’s who.
Goldman’s Blankfein Feels ‘Shame’ for Underestimating Firm’s Importance
The Goldman CEO believes firm is still ‘vampire squid’ is eyes of consumer.
Picard Hits Homer vs. Mets
How many All-Star free agents could $162 million have bought the New York Mets?
Compensation Spending Down at Goldman, Up at Smaller Firms
Goldman Sachs ended 2011 with one of the lowest compensation-to-revenue ratios of the publicly traded investment banks, 42%, according to SNL Financial analysis.
Goldman Sachs Exec’s Kiss-and-Tell Resignation: News Analysis
It must be every boss’ worst nightmare: to receive an employee’s resignation letter on the Op-Ed page of The New York Times. And so Goldman Sachs CEO Lloyld Blankfein could be excused for suspending his efforts doing “God’s work” for a few moments as he lamented reading Greg Smith’s very...
Q4 Earnings: Goldman Beats Street; Net Income Falls
In fourth-quarter 2011, Goldman Sachs earned $1 billion, or $1.84 per share, from October through December, beating analysts' estimate of $1.28 per share.
Judge Rakoff Says Goldman's Blankfein Can Testify in Insider Trading Case
Controversial Federal judge orders that deposition can be taken before Rajat Gupta insider trading trial.
5 Best & Worst Broker-Dealers: Q3 Earnings
Brokerage firms in the third quarter boosted earnings growth as high as nearly 2,200% and reported declines as low as 120% — AdvisorOne selected a lucky 10 to spotlight.
Q3 Earnings: Goldman Joins Other Big Banks in Struggle Through Bad Economic Climate
Joining other big banks that have reported Q3 2011 earnings in the last week, Goldman Sachs on Tuesday announced less-than-stellar results due to trading and investment bank weakness.