Reuters - Video

EDITION: U.S. | U.K. | IN

Business

U.S. Morning Call: Goldman Sachs profit doubles from trading

Monday, Jul 15, 2013 - 03:23

July 16 - Goldman Sachs's quarterly profit doubled as the bank made more money trading bonds before an interest-rate spike hit markets in June.

▲ Hide Transcript

View Transcript

The banks have reported are backing in a big day and Goldman Sachs is keeping the trend going. The bank strongly beating on earnings and revenue in the second quarter. Revenue from fixed income currency and commodities was up 12%. Equities trading up 9%. Shares -- 24% this year there trading about a dollar higher in the premarket. Seventeen -- played Marissa Mayer marks her first anniversary as Yahoo!'s CEO. Repaired to its results after the bell we are yet to see the benefits of her shopping spree. During which she -- startups like Tumblr for more than one billion dollars. Under may -- -- the stock has soared 70%. Have you with turner and everything to do without mistakes now. Yahoo! still owns 24% of the company which is scary to go public this year. Expectations for today's -- low Yahoo!'s share of the digital ad market is expected to shrink. Its revenue last year lag behind peers at four and a half billion dollars. Think like the web site just isn't getting as much traction as its charismatic leader. According to a report in the Wall Street Journal only 16% of iPhone users clicked on Yahoo! made act in June. Compared that to rivals FaceBook and Google. Coca-Cola results due out before the bell. The recent global slowdown could mean flat earnings nearly half of -- revenue and 75% of its profit comes from outside North America. And that could be cause for concern. Features that typically trading near 41 dollars in the premarket. And Johnson & Johnson stock up 30% year to date. It's closing price on Monday ninety dollars the company has reported a profit for the last eight quarters and this one's probably going to keep the winning streak alive. Sales of new prescription drugs like it's one for prostate cancer are likely to boost earnings. Why why international has big plans for Smithfield and it plans to lift the combined company in Hong Kong after the takeover. That is exclusively told Reuters that the IPO would be valued at around four billion dollars. Bennett -- to a Hong Kong listing. It would offer and I exit the -- one way PE investors when they decide to sell. And it merged group would trade in a market that would placing high valuation on the stock and the US or other changes. And keeping an -- up this morning Dow S&P and NASDAQ futures are pointing to a higher open. -- -- -- -- for most investors were running as fast as they could from treasurys Pimco total return fund increased its holdings in treasury securities and mortgages. Founder Bill -- telling his Twitter followers that the -- short term borrowing rate set by the Fed is quote the key to value. And on the macro front US consumer prices are expected to rise in June as prices at the -- pushed higher. That's your Tuesday morning column over to follow us on Twitter at Reuters Insider and get work at not slash. --

U.S. Morning Call: Goldman Sachs profit doubles from trading

Monday, Jul 15, 2013 - 03:23

Top News »

Investing 201 »

Arian Foster = BlackBerry? Arian Foster = BlackBerry?

Fri, Oct 25, 2013 - (3:16)

Don’t miss these red flags for IPOs Don’t miss these red flags for IPOs

Thu, Oct 10, 2013 - (2:34)

Copycat currency trading Copycat currency trading

Wed, Oct 02, 2013 - (2:28)

When to dump a winner When to dump a winner

Tue, Sep 24, 2013 - (1:55)

Where gold might again attract Jim Rogers Where gold might again attract Jim Rogers

Thu, Sep 19, 2013 - (2:05)

Why savings interest rates won't budge Why savings interest rates won't budge

Fri, Sep 13, 2013 - (2:09)

Buy local? ETFs try the trend Buy local? ETFs try the trend

Thu, Sep 05, 2013 - (2:42)

The better bond funds The better bond funds

Wed, Aug 07, 2013 - (2:40)

Best bargain in 40 years? European stocks Best bargain in 40 years? European stocks

Thu, Aug 01, 2013 - (2:24)

Invest like an activist Invest like an activist

Fri, Jul 26, 2013 - (2:49)

Money Clip »

3 things to do before disaster strikes 3 things to do before disaster strikes

Wed, Sep 18, 2013 - (1:39)

Your must-do money list Your must-do money list

Wed, Sep 11, 2013 - (1:24)

The worst "best" financial advice The worst "best" financial advice

Wed, Sep 04, 2013 - (1:42)

Forget gold: The case for REITs Forget gold: The case for REITs

Fri, Apr 26, 2013 - (1:19)

3 rules for buying a house now 3 rules for buying a house now

Thu, Apr 18, 2013 - (1:39)

“Stalking” your dream home - Money Clip “Stalking” your dream home - Money Clip

Wed, Mar 27, 2013 - (2:50)

3 hidden tax deductions - Money Clip 3 hidden tax deductions - Money Clip

Thu, Mar 21, 2013 - (1:33)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, Feb 19, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, Jan 10, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, Aug 29, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, Aug 29, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, Aug 05, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, Dec 17, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sat, Dec 08, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Sun, Dec 09, 2012 - (10:39)

Moving Pictures »

Still missing – MH370 Still missing – MH370

Fri, Sep 05, 2014 - (2:05)

Images of August Images of August

Fri, Aug 29, 2014 - (1:00)

Burning Together Burning Together

Mon, Sep 01, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, Aug 22, 2014 - (3:12)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, Aug 11, 2014 - (2:27)

Burned memories Burned memories

Fri, Aug 08, 2014 - (3:02)

Images of July Images of July

Thu, Jul 31, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, Jul 11, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Wed, Jul 02, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, Jun 20, 2014 - (3:04)