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Zacks Investment Research

Stock Market Briefs: Goldman Sachs, Research In Motion, Google, Citigroup

By Zacks Investment Research on October 15, 2009 | More Posts By Zacks Investment Research | Author's Website

  • Goldman Sachs (GS) reported third quarter earnings of $5.25 a share, versus Zacks estimates of $4.14 a share, as revenues rose to $12.37 billion from $11.02 billion
  • Citigroup (C) reported a 27 cent per share loss for the quarter, inline with Zacks estimates, on revenues of $20.4 billion
  • Baxter International (BAX) reported third quarter earnings of 98 cents a share, one cent above Zacks estimates, on revenues of $3.15 billion
  • Research in Motion (RIMM) is due to launch its new version of a touchscreen Blackberry, the Storm2 today
  • Singapore’s Oversea-Chinese Banking Group agreed to pay ING Group (ING) $1.46 billion for its private banking operations in Asia
  • According to Gartner data Acer overtook Dell (DELL) as the number 2 PC computer brand by market share, with 15.4% of the global market, versus Dell’s 12.8% and Hewlett-Packard’s (HPQ) 20%
  • Anheuser-Busch InBev (BUD) passed its $7 billion divestment goal to help repay its $52 billion Anheuser-Busch takeover, agreeing to sell breweries to CVC Capital Partners for an initial $2.23 billion
  • Google (GOOG) announced plans to launch an online bookstore in 2010

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