Business


Goldman Sachs quarterly profit surges 80pc

NEW YORK (AP) - Goldman Sachs had a rare miss in its first quarter results, the bank said Tuesday, as its typically best-in-class trading desks did not perform as well as its competitors. Stock fell Tuesday after Goldman Sachs' (GS) first-quarter earnings came up short. The bank's net income for the first three months of the year came in at $4.86bn (£3.82bn), up 40 per cent on the same period last year.


US housing starts fell in March; still stronger than in 2016

US housing starts fell in March; still stronger than in 2016

Building permits had been expected to climb by 3.1 percent to a rate of 1.250 million from the 1.213 million that had been reported for the previous month. There was a small decline in single-family home permits which was offset by a recovery in multiple-residency permits after a sharp decline last month.


Bucks stun Raptors with Game 1 victory

Bucks stun Raptors with Game 1 victory

All season we've been talking about screening hard and making people feel screens. Such was the case in Saturday's series opener against the Milwaukee Bucks. The Toronto Raptors led the National Basketball Association this season in comeback victories, but nobody has an explanation for the team's slow starts.



Snyder's-Lance Inc (LNCE) Updates Q1 Earnings Guidance

There may be various price targets for a stock. Finally, Zacks Investment Research cut Snyder's-Lance from a "hold" rating to a "sell" rating in a report on Wednesday, February 8th. LNCE generated revenue of $0 in the same quarter, one year ago. The difference between the estimate and actual was $-0.02 which created a surprise factor of -5%.


Pence in Japan, discusses N. Korea, economic ties

Pence in Japan, discusses N. Korea, economic ties

Kim spoke on a day that US Vice President Mike Pence travelled to the tense zone dividing North and South Korea and warned Pyongyang that after years of testing the US and South Korea with its nuclear ambitions, "the era of strategic patience is over".


Man dragged off plane files court papers

Man dragged off plane files court papers

He has promised to review the airline's passenger-removal policy. United Airlines chief executive Oscar Munoz has said on Twitter that the incident was "upsetting". It sparked outrage across Chinese social media as the airlines' decision to evict the passenger from the domestic flight was condemned as "racial discrimination".