Goldman Sachs' Q3 earnings surge 58 percent

[dealmaker]

Goldman Sachs' Q3 earnings surge 58 percent
Trading revenue for debt securities, currency and commodities rose 34 percent. The institutional client services unit, the company's largest business division, also produced healthy returns. Those segmentscompensated for weaknessin investment banking.(USA Today)

 

[felixbocharov]

The stock reacts rather calmly. Especially if you compare it to NFLX.☺

 

[dealmaker]

The Numbers: The bank's net income was $1.5 billion, or81 centsper share, in the quarter ended September 30. Analysts on average had expected earnings of63 centsper share in the latest quarter. That was up 62% from the$939 million, or48 centsper share, Morgan Stanley earned a year earlier.2 days ago.