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Goldman Sachs profit misses estimates on higher costs, weak M&A

Goldman Sachs Group Inc on Wednesday reported quarterly profit that missed analysts' estimates by a wide margin, hurt by weakness in its investment banking business and higher operating costs......»»

Category: topSource: reutersJan 15th, 2020

Goldman profit misses estimates on weak underwriting, M&A

Goldman Sachs Group Inc missed Wall Street estimates for quarterly profit on Tuesday, hit by lower fees from advising on deals and weakness in underwriting......»»

Category: topSource: reutersOct 15th, 2019

Goldman Sachs misses profit forecasts as legal costs double to more than $1 billion

Richard Drew/AP Goldman Sachs posted its fourth-quarter earnings Wednesday morning.....»»

Category: topSource: businessinsiderJan 15th, 2020

Goldman Sachs profit falls on investment banking weakness, higher costs

Goldman Sachs Group Inc reported a 26% drop in quarterly profit on Wednesday, hurt by weakness in its investment banking business and higher operating costs......»»

Category: topSource: reutersJan 15th, 2020

Goldman profit falls short on weak M&A advisory; WeWork weighs

Goldman Sachs Group Inc missed Wall Street estimates for quarterly profit on Tuesday as global economic worries dampened appetite for deals, while it faced up to losses on its own high-profile investments in Uber Technologies and WeWork......»»

Category: topSource: reutersOct 15th, 2019

Goldman profit falls short on weak underwriting, M&A advisory

Goldman Sachs Group Inc missed Wall Street's estimates for quarterly profit on Tuesday as global economic worries dampened appetite for deals and share sales......»»

Category: topSource: reutersOct 15th, 2019

Goldman Sachs profit beats estimates, boosted by strong equities trading

Goldman Sachs Group Inc reported a higher-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from higher equities trading revenues......»»

Category: topSource: reutersJul 16th, 2019

Goldman Sachs profit beats estimates on lower expenses, higher advisory fees

Goldman Sachs profit beats estimates on lower expenses, higher advisory fees.....»»

Category: topSource: moneycentralApr 15th, 2019

Goldman crushes profit estimates as trading surges

(Reuters) - Goldman Sachs Group Inc blew past Wall Street's expectations for quarterly profit on Tuesday, powered by a surge in trading revenue and higher fees from debt and equity underwriting......»»

Category: topSource: reutersApr 17th, 2018

Devon Energy misses profit estimates as costs rise

U.S. oil producer Devon Energy Corp on Tuesday missed Wall Street estimates for quarterly profit as expenses rose, offsetting gains from higher oil production......»»

Category: topSource: reutersJul 31st, 2018

Devon Energy misses profit estimates as costs, oil hedges weigh

U.S. oil producer Devon Energy Corp on Tuesday missed Wall Street estimates for quarterly profit as expenses rose and a misplaced bet on the direction of oil prices offset higher oil output......»»

Category: topSource: reutersJul 31st, 2018

Disney quarterly profit misses as programming costs surge

Walt Disney Co missed Wall Street estimates for quarterly profit on Tuesday due to higher programming costs and another drop in subscribers at ESPN......»»

Category: topSource: reutersAug 7th, 2018

Kohl"s profit forecast misses estimates, shares slip

Kohl's Corp shares slumped as much as 12 percent on Tuesday after the department store operator forecast full-year earnings largely below estimates, blaming rising shipping costs and higher discounts during the holiday season......»»

Category: topSource: reutersNov 20th, 2018

Caterpillar fourth-quarter profit misses estimate, shares drop 6 percent

Caterpillar Inc on Monday reported quarterly profit that widely missed Wall Street estimates, hurt by softening demand in China, a strong dollar, and higher manufacturing and freight costs, sending shares tumbling 6 percent......»»

Category: topSource: reutersJan 28th, 2019

Caterpillar fourth-quarter profit misses estimate badly, shares slide

Caterpillar Inc on Monday reported quarterly profit that widely missed Wall Street estimates, hurt by softening demand in China and higher manufacturing and freight costs, sending shares tumbling more than 8 percent......»»

Category: topSource: reutersJan 28th, 2019

J&J forecasts weak annual profit, misses revenue estimates

Johnson & Johnson on Wednesday forecast full-year profit largely below expectations, after posting a rare miss on quarterly revenue as sales of some of its major drugs fell short of Wall Street expectations......»»

Category: topSource: reutersJan 22nd, 2020

Goldman pledges "concrete" expense target after profit decline

Goldman Sachs Group Inc will set an expense target at its investor day later this month, management said on Wednesday, after the bank missed Wall Street profit expectations due to inflated costs......»»

Category: topSource: reutersJan 15th, 2020

Goldman profits slump on 1MDB legal woes

Goldman Sachs Group Inc reported a bigger-than-expected fall in quarterly profit on Wednesday as the Wall Street bank set aside more money to cover legal costs for the 1MDB corruption scandal, overshadowing a rebound in its trading business......»»

Category: topSource: reutersJan 15th, 2020

Goldman Sachs misses profit expectations while revenue beats; stock slips

Shares of Goldman Sachs Group Inc. slipped 0.5% in premarket trading Wednesday, after the investment and consumer bank repor.....»»

Category: topSource: marketwatchJan 15th, 2020

Tiffany misses estimates for profit on weak demand in Americas, Hong Kong

Luxury jeweler Tiffany & Co , which is being bought by Louis Vuitton owner LVMH , missed Wall Street expectations for quarterly profit and sales on Thursday as weak demand at home and in Hong Kong offset growth elsewhere in China......»»

Category: topSource: reutersDec 5th, 2019

Dell misses revenue estimates on weakness in server business

Dell Technologies Inc missed Wall Street estimates for quarterly revenue on Tuesday as its server business wrestled with higher costs and lower demand in a market hit by U.S.-China trade tensions......»»

Category: topSource: reutersNov 26th, 2019