Tuesday, July 17, 2012

Goldman earnings fall 12 percent in the second quarter


Goldman earnings fall 12 percent in the second quarter





Goldman Sachs Group Inc earnings fell 12 percent in the second quarter compared with a year ago due to a sharp decline in the value of its investments and a slowdown in dealmaking activity.

The biggest U.S. investment bank said on Tuesday it earned $927 million, or $1.78 per share, compared with $1.1 billion, or $1.85 per share, a year earlie

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