Slowdown knocks Goldman profits

Courtesy BBC Finance  Tue, 06/17/2008 - 8:42am

Goldman Sachs reports an 11% fall in quarterly profit, avoiding the massive losses sustained by some rivals.



 

More related items

Profit falls at Bank of America
The US's largest retail bank, Bank of America, reports its fourth quarterly profit decline in a row.

Google profits trigger concerns
Google's quarterly profits rise by less than expected, raising concerns of a slowdown in the online advertising market.

US slowdown dents profits at GE
General Electric says profits fell 6% in the second quarter as the US economy was "challenged".

Infosys prospers despite slowdown
Indian IT firm Infosys announces a 15% rise in profits, but warns that spending by its biggest clients is slowing.

US slowdown cuts Japan surplus
Japan's trade surplus falls for a third consecutive month in May because of high oil prices and lower US demand.


 

Post new comment

The content of this field is kept private and will not be shown publicly.