Goldman Tops Profit Estimates, Raises Dividend
Oct. 16 (Bloomberg) -- Bloomberg's Julie Hyman reports that Goldman Sachs Group Inc. reported profit that exceeded analysts’ estimates as investments gained in value and revenue more than doubled on a rebound in fixed-income trading. Third-quarter net income of $1.51 billion, or $2.85 per share, compared with a loss of $393 million, or 84 cents, a year earlier. She speaks on Bloomberg Television's "In the Loop."
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
30:03 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)