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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Paul Kern who wrote (75370)	12/12/2006 8:40:28 AM
From: Paul Kern	Read Replies (1) \| Respond to of 110194

DJ Goldman Sachs 4Q EPS $6.59 >GS DOW JONES NEWSWIRES Goldman Sachs Group Inc. (GS) Tuesday said fourth-quarter net income rose 93% to $3.15 billion, or $6.59 a share on $9.4 billion of net revenue. Earnings per share and revenue both surpassed analyst estimates as capital market advances, strong advisory fees and big gains on proprietary investments lifted the Wall Street giant's earnings. Analysts polled by Thomson Financial had, on average, expected the firm to earn $6.04 cents a share on revenue of $8.96 billion. In the year-earlier fourth quarter, the company earned $1.63 billion, or $3.35 a share. -Greg Morcroft; 415-439-6400; AskNewswires@dowjones.com

To: Paul Kern who wrote (75370)	12/12/2006 8:53:31 AM
From: aknahow	Read Replies (1) \| Respond to of 110194

Without understanding what caused the drop in the following, I am not at all sure the report is good news. "As for other import categories, purchases of industrial materials such as oil and chemicals and copper from overseas plunged by $5.20 billion." This alone caused the improvement. Oil is mentioned but apparently that is not oil consumed as or considered "energy". "The nation's bill for all energy-related petroleum products decreased to $22.32 billion from September's $25.81 billion." Were there any strikes impacting copper imports?