Goldman said its net income applicable to common shareholders rose to $2.75 billion, or $5.94 per share, for the quarter ended March 31, from $1.95 billion, or $4.02 per share, in the same period of 2014. Analysts on average had expected earnings of $4.26 per share, according to Thomson Reuters I/B/E/S. Goldman’s shares were up about 0.5 percent at $201 in premarket trading. Goldman has been more committed to fixed-income
Solar’s big heyday may be just three years away as the unsubsidized cost of panels plus storage is set to become cheaper than retail power supply in several large markets, Bernstein said.
Yahoo Finance’s Midday Movers is live each weekday at 12pm ET, covering all the latest news on the markets, the economy and the biggest stories of the day.
Even McDonald’s franchisees are not ‘lovin’ it, according to a new survey from Janney Capital Markets.
Rogers’ long-term optimism about China was further burnished by the November 2013 Third Plenum, when the country’s Communist Party leaders declared the market would play a “decisive role” in the economy going forward.
U.S. homebuilders are feeling more optimistic that sales will perk up in coming months as the spring home-selling season unfolds. That would bode well for home construction, which slowed early this year …
Bank of America, the No. 2 U.S. bank by assets, posted a first-quarter profit, narrowly beating analysts’ estimates, as costs fell and the bank earned more from mortgage banking.
Demand for oil will be higher this year than previously thought, according to new forecasts from the International Energy Agency (IEA), released Wednesday.
Conservatives hated that it’s expected to swell federal deficits over the coming decade. Liberals complained that it shortchanged health programs for children and women. But after years of complaints and …
“Some first-quarter earnings have been a little more encouraging than people predicted,” said Patrick Spencer, equities vice-chairman at Robert W. Baird & Co. in London.