Earnings roundup: Goldman Sachs, Johnson & Johnson

Earnings roundup: Goldman Sachs' 2Q profit doubles; J&J's 2Q profit doubles on higher sales

Associated Press

Among the earnings stories for Tuesday, July 16, from AP Business News:

— The Goldman Sachs Group Inc. said that its second-quarter profit doubled and revenue jumped 30 percent, helped by gains in stock and bond underwriting and the bank's own investments. But the hot topic for analysts who follow the bank was a set of impending capital rules and how they might affect the powerful New York investment bank.

— Health care giant Johnson & Johnson's second-quarter profit more than doubled, thanks to higher sales of medicines and medical devices as it recovers from recalls and manufacturing problems that have cut into sales for four years.

Rates

View Comments (0)