Goldman Had 46 $100 Million Days in Second Quarter |
Wall Street Journal - Aug 5, 2009 |
Goldman Sachs Group Inc. said it made $100 million in trading revenue on a company record 46 separate days during the second quarter.
The New York-based investment bank said in a filing with the Securities and Exchange Commission that there were only two days in which it logged trading losses during the months of April, May and June. During the remainder of the quarter, Goldman made at least $50 million each day.
Goldman reported last month that second-quarter profit surpassed analysts' expectations on strong trading and underwriting. The firm was able to take bigger bets and take advantage of the market's
Read Full Article from Wall Street Journal
- Posted: 2009-08-05 11:19:30
More Stock Investor Place Top Stories |
|
|
|
Stock Investor Place Top Stories Archive |
|
|