BUSINESS INFORMATION - Wall Street investment giant Goldman Sachs

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BUSINESS INFORMATION - Wall Street investment giant Goldman Sachs Thursday flew over the projection, recorded a profit of 3.19 billion U.S. dollars in the third quarter.

Profit is the amount more than tripled from the previous year and translated into U.S. dollars 5.25 per share, far ahead of analyst estimates U.S. $ 4.24 per share.

Company, one of the major Wall Street firm that survived the financial crisis, say investment banking and trading activities generate strong results.

Net income of 12.4 billion U.S. dollars.

"Although the world continues to face serious economic challenges, we see improved conditions and evidence of stabilization, growth and even, in some sectors," said Lloyd Blankfein, chairman and chief executive.

"Our client is a franchise business - advisory, financing, market making and asset management - to contribute, and benefit from improved overall condition. Because of the labor market, and growth more generally, remain under pressure, we continue to focus on actively helping clients us in order to promote economic activity is greater. "
 

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