Goldman Sachs Group Inc. 3-quarter profit rose to 3.17 billion dollars (2.2 billion euros), or $7.01 per share, from $3.10 billion, or $6.59 per share in the year-ago period.
Such results easily beat Wall Street expectations for the fiscal fourth quarter, driven by gains in its investment banking and financial advisory segments.
The world’s largest investment bank’s revenue rose to $10.74 billion (EUR7.46 billion) from $9.41 billion a year earlier.
Results surpassed Wall Street projections for a profit of $6.87 per share on revenue of $10.16 billion (EUR7.06 billion), according to analysts polled by Thomson Financial.
Goldman's stock climbed 29 percent during the fourth quarter to close November at $226.64. The stock rose $3.27 to $211.90 in premarket electronic trading.
How could such a powerful air defense system miss dozens of drones and cruise missiles? There can be only one explanation to this
"As soon as we can see the concentration of American aircraft on airfields in Europe, we will simply destroy those airfields by launching our medium-range ballistic missiles at those targets"