Innovation Update

Business News At 5:30 P.m.

Stock quotes in this article: ESRX , ISH , MET , SYX , WLP  

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New this update:

Adds EARNS-GOLDMAN SACHS, MADOFF-SCANDAL, METLIFE-TREASURY FUNDS

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EARNS-GOLDMAN SACHS

NEW YORK — Goldman Sachs, in another sign that banks may be turning themselves around, beat Wall Street's earnings expectations as it reported a profit of $1.66 billion for the first three months of this year. The bank, long considered one of the strongest players in the industry amid the ongoing credit crisis, also said it plans to raise $5 billion in a public offering to help it pay back government bailout funds. By AP Writer Stephen Bernard.

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