Goldman Sachs, the Dow's top stock of 2021, continues to impress
CNN
Wall Street powerhouse Goldman Sachs reported earnings that easily topped analysts' expectations, capping a stellar week of bank results and helping to power the broader market to solid gains Friday.
Goldman Sachs said that it posted a profit of $5.4 billion for the third quarter, which works out to $14.93 a share. Analysts were forecasting earnings of $10.18 a share. Revenue also surpassed expectations, surging 26% from a year ago to $13.6 billion — far above the $11.7 billion estimate.
Shares of Goldman Sachs (GS) rose nearly 4% on the news. The stock, which is now up 54% this year, is the best performer in the Dow for 2021.
Facing intense pressure over the threat of a shutdown in less than two days, lawmakers are racing to push through a government funding plan by Friday’s midnight deadline.
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military options” to ensure unfettered American access to the Panama Canal, one of several new directives outlined in what amounts to a major overhaul of US strategic priorities, according to a new memo that was sent to senior leaders and reviewed by CNN.
The death of a woman who was partially paralyzed in the Columbine High School shooting has been ruled a homicide, raising the death toll of the 1999 attack to 14.
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The man said he was locked in an eight-by-nine-foot room and was fed two sandwiches a day with two cups of water for years, according to a police affidavit in Connecticut.
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A month after losing her job at the Department of Veterans Affairs, Corinne Bazarnyj is still waiting to be approved for unemployment benefits.