Goldman Sachs Beats Q3 Estimates

This is a news story, published by CNBC, that relates primarily to Goldman Sachs news.

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Goldman

CNBC

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Goldman Sachs beats on profit and revenue as stock trading and investment banking boost results

Summary

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Goldman Sachs topped estimates for third quarter profit and revenue on strong results from its stock trading and investment banking operations.

Equities trading was the outlier this quarter , posting an 18% increase in revenue to $3.5 billion , more than half a billion dollars higher than the $2.96 billion estimate.

Fixed income trading revenue slipped 12% on a slowdown in interest rate products and commodities.

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formal

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English

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