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Before the opening bell on Friday morning, Goldman Sachs (GS ) reported its fourth quarter results, posting lower revenues and earnings compared to last year’s fourth quarter results.
GS chairman and CEO Lloyd C. Blankfein had the following comments: “We are pleased with our performance during a year characterized by mixed global economic and financial conditions. The depth of our global client franchise and our continued discipline on expenses and capital management produced a solid return for our shareholders. Looking ahead, we see evidence of a continued pick up in momentum for the global economy that will improve the opportunity set for 2015.”
Goldman Sachs declared a quarterly dividend of 60 cents, which will be paid on March 30 to all shareholders on record as of March 2.
Goldman Sachs stock was down $3.54, or 1.98%, in pre-market trading.