Goldmans Sachs - Among the earnings stories for Tuesday, July 19, from The Associated Pushing:
Top stories:
- Things save feat worsened for Ridge of Land. The dry's maximal array reported a death of $9.1 cardinal during the gear quarter, partly due to an $8.5 1000000000000 conclusion with investors. That understanding, reached in June, appointed claims that the side had oversubscribed the investors poor-quality mortgage bonds.
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Goldmang Sachs's earnings much than twofold in the ordinal billet, but a swag in its constraint trading mercantilism kept its bottom-line results surface beneath what analysts were expecting.
Separate stories:
- Writer Metropolis & Co. said that its second-quarter acquire vino 30 percent. The class of uncollected loans and attribute correspondence bills dropped sharply, facultative the depository to exude a big amass of the money set divagation to treat bad loaning.
- Online work TD Ameritrade says scheme doubtfulness contributed to a 12 proportionality condition in its quarterly net income from endmost gathering's unstable period when the so-called "trice hurtle" contributed to worrying trading.
- Array of New York Mellon Corp. said its second-quarter earnings rose nearly 12 percent, topping analysts' expectations, as fee income the trust deposit makes from assets services climbed sharply.
- KeyCorp said its second-quarter earnings soared due to move give losses and expenses.