NEW YORK (MarketWatch)
Goldman Sachs Group Inc. said on Tuesday that its first-quarter profit rose to $2.11 billion, or $3.92 a share, compared to $2.74 billion, or $1.56 a share a year ago
Year-ago results included payment of a $1.64 billion dividend related to its repayment of a $5 billion Berkshire Hathaway investment
Net revenue including interest income at the firm was $9.95 billion, versus $11.89 billion a year ago Analysts polled by FactSet Research had expected the firm to earn $3.52 a share on revenue of $9.34 billion
Goldman also said on Tuesday that it raised its quarterly dividend to 46 cents a share from 35 cents a share previously
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Billie, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
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