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Goldman earnings fall 12 percent

GOLDMAN-RESULTS:Goldman earnings fall 12 percent

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Reuters
Last Updated : Jan 24 2013 | 2:11 AM IST

 

REUTERS - Goldman Sachs Group Inc earnings fell 12 percent in the second quarter compared with a year ago due to a sharp decline in the value of its investments and a slowdown in dealmaking activity.

The biggest U.S. investment bank said on Tuesday it earned $927 million, or $1.78 per share, compared with $1.1 billion, or $1.85 per share, a year earlier.

 

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First Published: Jul 17 2012 | 6:01 PM IST

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