Major disappointment for Goldman Sachs- What is Next now?
Goldman Sachs Group Inc (GS) EPS of $1.85 is below estimates of $2.30. Company revenue of $7.28 is well below estimates of $8.2 billion. A major collapse in fixed income commodities and currency trading income is to blame. The stock is off 3.3% pre-market. Goldman is also facing aggressive competition for the trading and banking [...]