Open

Coming up

Don't miss

Replay


LATEST SHOWS

WEB NEWS

Trash collection goes high tech

Read more

WEB NEWS

Web users react to escalating violence in Gaza

Read more

FASHION

Paris, Haute Couture Fall/Winter 2014-2015.

Read more

REPORTERS

Exclusive: an unlikely victim of the 'War on Terror'

Read more

AFRICA NEWS

2014-07-11 21:47 AFRICA NEWS

Read more

MEDIAWATCH

Finally, a good use for new app "Yo"

Read more

THE WORLD THIS WEEK

The World This Week - 11 July 2014 (part 2)

Read more

THE WORLD THIS WEEK

The World This Week - 11 July 2014

Read more

#THE 51%

Sweden: A Feminist's Paradise?

Read more

  • Germany defeat Argentina 1-0 to win World Cup

    Read more

  • Thousands flee northern Gaza after Israel warning

    Read more

  • Major differences remain as deadline looms in Iran nuclear talks

    Read more

  • Paris’s Bastille Day fireworks ‘an homage to victims’ of WWI

    Read more

  • French military to extend Mali 'counterterrorism' operations into Sahel

    Read more

  • Legendary conductor Lorin Maazel dies aged 84

    Read more

  • Germany’s Tony Martin wins ninth stage of Tour de France

    Read more

  • Boko Haram claims Nigeria attacks and supports Iraqi militants

    Read more

  • French court lifts mayor’s ban on Muslim hijab at beach

    Read more

  • Shells land in Russia as eastern Ukrainians flee fighting

    Read more

  • Rival Libyan militias exchange heavy fire at Tripoli airport

    Read more

  • Iraqi parliament fails to agree on new leadership

    Read more

  • Afghan presidential candidates agree to full vote audit, Kerry says

    Read more

  • Last of the Ramones, Tommy Ramone, dies aged 62

    Read more

Business

Goldman Sachs lost $1.02 billion in December 2008

©

Latest update : 2009-04-14

US banking giant Goldman Sachs announced it lost $1.02 billion in December 2008. The bank had to report its earnings for that month because it had switched to a calendar year from a fiscal year ending in November.

AFP  - US banking giant Goldman Sachs said Tuesday it lost 1.02 billion dollars in December 2008, according to a report filed with authorities a day after it reported profit of 1.8 billion dollars for the first quarter.

Goldman reported the one-month net loss, representing a loss of 2.15 dollars per share, to the Securities and Exchange Commission.

The New York-based bank had to report its earnings for the month of December 2008 because it has switched to a calendar year from a fiscal year that had ended in November.

On Monday, Goldman said it had net profit of 1.81 billion dollars for the 2009 first quarter, that ended on March 27.

The bank had compared that first-quarter result with the net loss of 2.12 billion dollars it reported for the fourth quarter of 2008 which ended in November.
 

Date created : 2009-04-14

Comments

COMMENT(S)