Bonds Boost Goldman, Lehman Profits
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Goldman Sachs Group Inc. and Lehman Brothers Holdings Inc. on Tuesday posted higher-than-expected quarterly profits, fueled by surprising strength in bond trading and investment banking growth.
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Goldman Sachs Group Inc. eked out a 1 percent increase in quarterly profit on Thursday as a sharp drop in fixed income trading revenue offset record investment banking fees and strong equities income.
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Shares of Lehman Brothers Holdings  Inc. LEH.N rose nearly 1 percent before the bell on Wednesday  after the U.S. investment bank said quarterly profit rose.
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U.S. investment bank Lehman Brothers Holdings Inc.  on Thursday said its fiscal fourth-quarter profit rose 22 percent on increased income from mergers, offerings and trading.
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Goldman Sachs Group Inc. , the world's largest investment bank, said on Tuesday quarterly earnings nearly doubled on strong growth in almost every business, but some investors questioned whether the company can keep up the pace.
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Lehman Brothers Holdings Inc. LEH.N   on Wednesday said strong trading and investment management   revenue lifted third-quarter earnings by a better-than-expected   4 percent, bringing the company's shares to their highest level   since May.
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Goldman Sachs Group Inc. on Thursday  said fourth-quarter profit rose 23 percent on strong  fixed-income and commodities trading results and investment  banking gains, but shares fell as revenue missed expectations.
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Lehman Brothers Holdings Inc. LEH.N   on Wednesday said third-quarter earnings rose more than   analysts expected, as trading and investment management revenue   jumped.
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Goldman Sachs Group Inc. GS.N on  Thursday said fourth-quarter profit rose as its fixed-income,  currency and commodities business soared while a rebounding  stock market boosted investment banking.
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Investment banks Goldman Sachs and Lehman Brothers yesterday surprised analysts by posting better than expected third-quarter profits.
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Goldman Sachs Group Inc.   reported higher quarterly profit on Thursday, beating  estimates, on record investment banking fees and strong stock  trading.
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NEW YORK (CBS.MW) -- Goldman Sachs Group said Tuesday that its third-quarter net income rose as its fixed-income, currencies and commodities trading operation recorded sales that were nearly $1 billion ahead of year-ago levels, driven by rising energy
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Goldman Sachs Group Inc  said on Tuesday its fourth-quarter earnings rose 2 percent, trouncing expectations as higher merger advisory fees and surprisingly strong debt trading results helped it sidestep the credit crunch that has hammered the rest of Wall Street.
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Investment bank Lehman Brothers Holdings Inc. said Wednesday fourth-quarter profit rose 22 percent on continued strength from fixed-income businesses and record investment banking revenue.
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Goldman Sachs Group Inc.  on Thursday said fourth-quarter profit rose as its fixed-income, currency and commodities business soared while a rebounding stock market boosted investment banking.
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Lehman Brothers Holdings Inc. posted fourth-quarter profit Wednesday that trounced Wall Street forecasts due to an unexpected revival of its investment banking business, a signal that could bode well for some of its rivals.
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Goldman Sachs Group Inc  said on Thursday that quarterly earnings surged 79 percent as revenue from investment banking and trading increased despite turbulent summer markets.