THE HEW YORK TIMES: Beset by accusations of securities fraud, Goldman Sachs nevertheless showed Tuesday that it was still very good at what it does best: making money.
Earnings for the Wall Street giant rose 91 percent in the first quarter of 2010, to $3.46 billion or $5.59 a share, up from $1.81 billion or $3.39 a share in the same period last year. Revenues increased 36 percent to $12.78 billion, up from $9.42 billion in the quarter a year ago.
Analysts surveyed by Bloomberg had expected revenue of $11.05 billion and earnings of $4.14 a share. >>> Nelson D. Schwartz | Tuesday, April 20, 2010
