AL JAZEERA ENGLISH (AJE) Indonesian stockmarket FeedGoldman Sachs’ first-quarter income fell 72 percent after the bank paid $1.64 billion in dividends to redeem preferred shares it issued to billionaire investor Warren Buffett during the financial crisis.
The New York investment bank said Tuesday tha…
Health care giant Johnson & Johnson says sales rebounded but its profit dropped 23 percent in the first quarter, due to higher expenses, costs of recalls and litigation and a tax gain that boosted results a year ago.
Adjusted earnings topped expec…
Shares in British luxury goods company Burberry Group PLC jumped Tuesday after the company reported strong second-half sales and predicted a full-year profit at the top end of market forecasts.
Burberry’s popularity in the Asia Pacific region, particu…
Filed under: Citigroup Inc. (C)Citigroup’s first-quarter income fell 32 percent on lower revenue from its investment banking business and a decline in consumer loans. The bank was able to set aside fewer reserves for losses as more borrowers were ab…
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