Tag Archive for amid

Earnings Report: Goldman Sachs Blows Out Estimates, Earning $3.3 Billion Amid SEC’s Fraud Case

Earnings Report: Goldman Sachs Blows Out Estimates, Earning .3 Billion Amid SEC's Fraud Case

Goldman Sachs (NYSE:GS) reported fiscal Q1 earnings of .3 billion with its trading business again outperforming the rest of the financial industry. The better-than-anticipated earnings comes as a welcomed relief as the investment bank struggles to maintain its respected name in the wake of an SEC fraud case.

Goldman reported its quarterly EPS came in at .59, blowing past consensus estimates of .01.

Revenues in the quarter surged 35.5% year-over-year to .78 billion, vs. consensus estimates of .2 billion.

The company said it set aside 43% of revenue in order to pay expenses from employee salaries and bonuses, down from 50% for the same period last year.

“In light of recent events involving the firm, we appreciate the support of our clients and shareholders, and the dedication and commitment of our people,” said the bank’s CEO Lloyd Blankfein.

Whistle Blowing becoming a new Growth Industry on Wall Street amid Phony Stress Tests?

Follow us @ http://twitter.com/laurenlyster http://twitter.com/coveringdelta Welcome to Capital Account. Bad news for underwater home owners — foreclosure f…
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10 dead, 70 wounded amid new Kenya terror alerts

10 dead, 70 wounded amid new Kenya terror alerts

Two bombs exploded in a market in Kenya’s capital on Friday, killing 10 people and injuring 70 as hundreds of British tourists were evacuated from a coastal …

Tesla Is Future for Favreau Amid Ultimate Machines

Tesla Is Future for Favreau Amid Ultimate Machines
Its $ 135,700 i8 coupe, which has a hybrid power train and faster acceleration than a Porsche 911, went on sale in Europe on June 5. Other recent introductions include … “It's also as smoothly effortless as a Rolls-Royce, can carry almost as much …
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Bicylist's death leaves a deep scar
The driver of the white Toyota Prius continued for another mile. Colvin was pronounced dead a little more than four hours later … Marcus-Colvin recalled of the moment her life was forever changed. "I saw the bike was gone. It was way too late. It's 8 …
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Tesla wins fans, stirs growth in electric car marketplace
“It's also as smoothly effortless as a Rolls-Royce, can carry almost as much stuff as a Chevy Equinox and is more efficient than a Toyota Prius.” Consumer Reports, meanwhile, gave the Model S its highest-ever mark in May 2013, a 99 out of a possible …
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Toyota recalls 4 million vehicles amid unintended acceleration problems

Last month, Toyota issued a massive recall of nearly 4 million Toyota and Lexis vehicles. The recall is intended to fix a very dangerous defect which can lea…
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In 2010, 14.9 million vehicles were recalled by manufactures. Here is AAA’s guide help you know what to if your vehicle has a recall.