Goldman Sachs exceeds expectations by reporting $1.8bn profit

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Goldman Sachs exceeds expectations by reporting $1.8bn profit

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04-14-2009, 06:05 PM

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Goldman Sachs exceeds expectations by reporting $1.8bn profit

Investment bank Goldman Sachs has exceeded analysts expectations by announcing a $1.8 billion (£1.2 billion) net profit for the three months ending 27th March.In the previous quarter, Goldman posted its first quarterly loss since going public in 1999.The markets are expected to respond positively to the results, which kicks-off some much needed good news to [...]

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