<< Read Full Article

Tuesday's Financial Winners & Losers

Stock quotes in this article: GS , TFSL , WM , ASFI , MI , PSEC , TMA  

The hamstrung market once again proved thoroughly unpredictable on Tuesday amid persisting credit fears, guiding financial stocks into a midday slide after a seemingly stalwart morning start.

Goldman Sachs (GS Quote) more or less mirrored these movements even after the New York brokerage posted a better-than-expected profit of $3.17 billion, or $7.01 a share, in the fiscal fourth quarter. Analysts polled by Thomson Financial were looking for $6.61 a share. Revenue sank 12.9% sequentially to $10.7 billion, but that still represents a 14.2% gain over last year and comes in ahead of the $10.2 billion average analyst estimate.

Still, Goldman shares traded largely in negative territory after a short-lived morning struggle to get above water. Recently, the stock was down $7.86, or 3.8%, at $200.77. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,452.00 1,107.93 2,201.05 36.03
Oil *
72.08
DOWN
49.05
DOWN
6.18
DOWN
11.05
UP
0.57
10 Yr
3.60%
SPDR Gold
110.21
-0.47%
-0.55%
-0.50%
+1.61%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services