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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

Goldman Sachs" 2nd-quarter earnings beat estimates as trading desks drive revenue spike

Goldman Sachs reported second-quarter earnings Wednesday morning that beat analyst estimates for revenue and profit. .....»»

Category: personnelSource: nytJul 15th, 2020

Thomson Reuters cuts sales outlook, narrowly misses earnings

Thomson Reuters reported higher quarterly sales and operating profit that fell slightly short of Wall Street estimates on Tuesday, while cutting its full-year sales outlook due to disruption to the global economy from the coronavirus crisis......»»

Category: topSource: reutersMay 5th, 2020

Thomson Reuters narrowly misses earnings, cuts sales outlook

Thomson Reuters Corp reported higher quarterly sales and operating profit that fell slightly short of Wall Street estimates on Tuesday and cut is full-year sales outlook, citing unprecedented disruption in the global economy......»»

Category: topSource: reutersMay 5th, 2020

Goldman Sachs profit halves on higher loan loss provisions, investment hit

Goldman Sachs reported a 49 percent drop in quarterly profit......»»

Category: topSource: foxnewsApr 15th, 2020

Goldman Sachs profit halves on higher loan loss provisions, investment hit

Goldman Sachs Group Inc reported a 49% drop in quarterly profit on Wednesday, as it set aside significantly higher provisions related to corporate loans due to the impact of COVID-19 and booked heavy losses on its debt and equity investments......»»

Category: topSource: reutersApr 15th, 2020

JPMorgan joins Goldman in cutting profit estimates for S&P 500

The rapid spread of the coronavirus has made equity strategists at Goldman Sachs Group Inc. and JPMorgan Chase & Co. slash their outlook for U.S. corporate profit growth, as the epidemic erodes... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 28th, 2020