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.
Putin's official spokesman Dmitry Peskov commented on remarks in the US media about failures in launching nuclear-capable missiles in Russia
The Buk system that shot down MH17 belonged to the 53rd SAM missile brigade of the Russian Ministry of Defense, investigators say after looking at a few pictures on the net
It has long been understood that the West has been trying to subject Russian borders to total control. We have not seen such activity even during the Cold War