Reduced earnings volatility prompts upgrade
The Goldman Sachs Group Inc. today reported record net revenues, net earnings and diluted earnings per common share for its first quarter ended February 24. Net revenues for the quarter were US$10.34 billion. Net earnings were US$2.64 billion, excluding incremental non-cash expenses of US$237 million related to the accounting for certain stock-based awards. Including these […]
Goldman Sachs Group Inc. reported record earnings for both the fourth quarter and 2005 overall.The venerable investment bank reported net earnings of US$5.63 billion for the year ended November 25. Earnings per share were up 26% from 2004.Fourth quarter net earnings were US$1.63 billion. The firm says that it generated record net revenues, net earnings […]
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