Daily Archives: January 19, 2011

Goldman profit halves, Wells Fargo rises

Two banks reported earnings before the bell today and each painted a different picture. Investment banking powerhouse Goldman Sachs reported disappointing numbers for the fourth quarter after its profit dropped from $4.95bn or $8.29 per share to $2.39bn or $3.79. … Continue reading

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Apple profit soars

It was another rosy quarter for the biggest tech company in the world as Apple reports stellar earnings after the market closed Tuesday.  Top line increased 71% or just about $11bn to $26.7bn for the quarter ended, while profit increased … Continue reading

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