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Showing posts with label down. Show all posts
Showing posts with label down. Show all posts
Thursday, October 15, 2009
NEW YORK — Goldman Sachs reported a blockbuster profit of $3.03 billion Thursday, handily beating Wall Street analysts' expectations.However, Goldman couldn't match the high expectations that were set Wednesday by rival JPMorgan Chase's stellar results, which boosted optimism and helped push the Dow Jones industrial average back over the 10,000 level.The slim $101 million net income that it reported didn't take into account the dividends it paid on its preferred stocks and also a debt exchange offer. After accounting for those payments, Citi reported a loss of $3.24 billion for shareholders. Citi's (C) stock is off 29 cents to $4.71.The results are weighing on the broad stock market, as the Dow fell back toward he 10,000 mark.What worried analysts about Goldman's results was a 31% drop in its investment banking revenue after a 47% drop in financial advisory and 15% decline in its underwriting business, compared to the same period of last year."Because the job market, and growth more generally, remain under stress, we continue to be focused on actively helping our clients in order to promote greater economic activity," says Lloyd Blankfein, CEO of Goldman.Citi, which recorded $8 billion in credit losses, indicated more losses in the future. Its loan loss reserves climbed to $36.4 billion, up from $35.9 billion in the prior quarter.
And I thought last week’s “Glee” was rich in smackdowns! Turns out that was just a warm-up for the most recent episode, in which newly installed glee co-chair Sue Sylvester plots to destroy the club from the inside with, as she so memorably put it, “a conviction I can only call religious”-- something Mr. Schu and his fine bird's nest of hair refused to take lying down. This episode, perhaps “Glee’s” sharpest yet, was so chock-full of standout scenes, it makes whittling down the list to a Top 5 nearly impossible. But where there’s a Will (Schuester), there’s a way!
1. Matthew Morrison and Jane Lynch bring out the absolute worst in each other, and I mean that in the best of ways.The whole thing played out in slow motion, their faces contorted in rage, warbled sounds escaping their lips, as they duked it out for the soul of glee club while its members looked on in horror.2. OK, who is this gossip guy Jacob and where did he come from? He’s completely creepy! No more so than when the Perez Hilton-wannabe blogger was forcing Rachel, the object of his obsessive crush, to pay up in a unique way or he’d blow the whistle on Quinn’s pregnancy to the entire school.
3. Didn’t you just love the glee club’s joyous covert jam session? By splitting up the students into two groups, Sue hoped to drive a rift between them, and it was thrilling to see that ultimately, it had the opposite effect. As the kids sang, danced and played instruments -- nice drums, Finn! -- they were more united than they’ve ever been.4. Can Terri’s fake pregnancy storyline please just go away already? This week, Will scheduled an overdue appointment with her obstetrician, prompting Terri and her equally nutty sis to blackmail the doc into faking an ultrasound for the “expectant” parents. Consider my patience officially .
5. By the episode’s show-closing number, Sue had relinquished her co-director duties, opting instead to stay on as “consigliere,” and ensured that the Quinn’s-preggers news broke throughout the school. Thank goodness the devastated teen mom-to-be had the glee club to rally around her, sweetly encouraging her to “Keep Holdin’ On.” Quinn struggled to hold back her tears until the music abruptly cut, leaving only the sound of her shaky breaths.
What scenes make your Top 5? Where, oh where, did I get it totally wrong? And can there even be a Top 5 without a single Emma scene in the entire episode? Weigh in below!
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