Goldman Sachs's net income jumps 31%
Article Abstract:
Goldman Sachs Group Inc. posted an improvement of 31% in its net income for the second-quarter of 1999. However, the bank's weak performance in the asset management sector could cause cautious investors to reconsider. Goldman Sachs posted a net income improvement to $624 million (604.5 million euros). This comes out to $1.30 per diluted share. During the same period in 1998, the bank posted $476 million.
Comment:
Posts improvement of 31% in net income for second-quarter of 1999
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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Goldman's profit jumps by half on trading success
Article Abstract:
Goldman Sachs Group posted an increase of 57% in its earnings for the 2000 first-quarter. The company, helped by its trading operations, posted $887 million for the period ending February 25, 2000.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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