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| coolestrl |
| whats this suppose to mean? |
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| coolestrl |
| dont tell me you were talking abt yest's dow close lol |
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| PvDoBseSSioN |
| covered it ALL day at fox yesterday! no more please no more |
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| ReenTeenTeen |
| quote: | Originally posted by PvDoBseSSioN
covered it ALL day at fox yesterday! no more please no more |
indeed.
well, its just a sum to action of the last few years takin into a reaction. :conf: |
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| PvDoBseSSioN |
| quote: | Originally posted by ReenTeenTeen
indeed.
well, its just a sum to action of the last few years takin into a reaction. :conf: |
yeah it has been a rough rough year for the financial world to say the least! |
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| DJ_Lord |
| ...yet Goldman still managed to beat expectations! :disbelief |
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| ReenTeenTeen |
| quote: | Originally posted by DJ_Lord
...yet Goldman still managed to beat expectations! :disbelief |
will see. :clown: |
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| DJ_Lord |
| quote: | Originally posted by ReenTeenTeen
will see. :clown: |
They already reported bro... "Goldman earned $810.0 million in the third quarter, or $1.81 per share, after payment of preferred dividends. That's down from a profit of $2.8 billion, or $6.13 per share, a year earlier. Net revenues fell 51.0%, to $6.0 billion, from $12.3 billion a year earlier. Investment-banking revenue tumbled 38.1%, to $1.3 billion, from $2.1 billion a year earlier. Analysts polled by Thomson Reuters estimated earnings of $1.71 per share on sales of $6.2 billion."
Analysts expected 1.71, GS posted 1.81.
http://www.forbes.com/2008/09/16/go...artner=yahootix |
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| ReenTeenTeen |
AIG just got saved. :disbelief
Liehman Brothers just got purchased in part saving 10,000 jobs out about 20,000. :wtf: |
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| Groundhog Boy |
| quote: | Originally posted by DJ_Lord
They already reported bro... "Goldman earned $810.0 million in the third quarter, or $1.81 per share, after payment of preferred dividends. That's down from a profit of $2.8 billion, or $6.13 per share, a year earlier. Net revenues fell 51.0%, to $6.0 billion, from $12.3 billion a year earlier. Investment-banking revenue tumbled 38.1%, to $1.3 billion, from $2.1 billion a year earlier. Analysts polled by Thomson Reuters estimated earnings of $1.71 per share on sales of $6.2 billion."
Analysts expected 1.71, GS posted 1.81.
http://www.forbes.com/2008/09/16/go...artner=yahootix |
And Morgan Stanley pre-announced and beat by about .50, matching last year's revenue numbers, yet was down 43% at one point today, Goldman down 27% at its low. I never thought I'd see GS below $100 anytime soon, and it did it today. After being at $150 just days ago. This market doesn't give a about fundamentals at this point. It's nothing but fear. |
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| DeRangedMind |
what is this CNN Business section lol
Now if Washington Mutual would go down the toilet :eyes: :) |
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