Items Tagged with 'fourth quarter'


  • GDP revised down slightly in fourth quarter

    General picture of economic growth remains the same
    Real gross domestic product in the fourth quarter decreased slightly from the previous estimate. The report explained that while the estimated GDP did drop slightly from the previous estimate, the general picture of economic growth remains the same.
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  • Goldman Sachs investing and lending takes a hit in 2016

    Decreases by 25% annually
    Goldman Sachs reported its earnings early Wednesday morning, showing that while revenues are still up from last year, it is struggling in several areas. One of those areas includes its investing and lending sector, which decreased 25% in 2016 compared to the previous year. But that isn’t the only sector in the company that saw significant losses.
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  • Toll Brothers' beats revenue expectations

    Here are the two factors impacting the luxury housing market
    Toll Brothers released their earnings on Tuesday, providing better insight on what's affecting the housing market. The luxury homebuilder's results were mainly impacted by these two factors.
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  • The GDP loses momentum

    Especially in the fourth quarter
    The GDP, the value of everything a nation produces, showed a significant markdown this fourth quarter compared to the 3.9% increase last spring, according to Market Watch. The economy expanded at a 2.4% clip last year, the same as in 2014, the Commerce Department said. The U.S. hasn’t topped 3% growth since 2005.
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  • Freddie Mac records $48.7 billion 2013 net income

    Level of earnings not sustainable for long term
    Freddie Mac’s full-year net income for 2013 totaled $48.7 billion, while its comprehensive income reached $51.6 billion, as income was buoyed by full-year tax benefit of $23.3 billion and pre-tax benefit of legal settlements of $6 billion for fourth quarter and $7.7 billion for full year.
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