Tuesday, July 17, 2012

Goldman Sachs Earnings Q2 2012

  • NEW YORK -- Goldman Sachs says its net income fell 11 percent in the April-to-June period after the investment banks clients made fewer deals and avoided volatility in global financial markets.
  • (Huffington Post)
  • If the Street is right, an earnings turnaround will have to wait another quarter for Goldman Sachs (GS), which reports second-quarter its share price has fallen about 24% from its 2012 high on March 26, when it closed at 128.72.
  • (Investors Business Daily)
  • The stock market spent Monday digesting Friday's big rally, and setting up for what could be a critical day Tuesday thanks to earnings from a slew of 1.400 and in shouting distance of its 2012 highs.
  • (Forbes)
  • Hooley concluded, "We are pleased to have announced earlier today, our intent to purchase Goldman Sachs earnings per common share of $1.01 were up 5% from $0.96 in the second quarter of 2011 and up 20% from $0.84 in the first quarter of 2012.
  • (StreetInsider.com)
  • July 12 - Accounting adjustments capturing changes in the fair value of U.S.
  • (Reuters UK)
  • The revenues of the bank showed increase of 3.4% (Q1 2012) when compared to The banks releasing their second quarter earnings next week are Bank of America Corp (NYSE:BAC), Citigroup, Inc. (NYSE:C) and Goldman Sachs Group Inc. (NYSE:GS).
  • (valuewalk.com)
  • Cuts JPMorgans Q2 EPS estimates to $0.60 from $0.75 * Cuts Morgan Stanleys 2012 EPS estimates to $0.56 from $1.
  • (Reuters)

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