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Goldman: Q4 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Goldman Sachs Group Inc. (GS) on Thursday reported fourth-quarter net income of $4.62 billion.

The company, based in New York, said it had earnings of $14.01 per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $11.77 per share.

The investment bank posted revenue of $30.13 billion in the period. Its revenue net of interest expense was $13.45 billion, falling short of Street forecasts. Five analysts surveyed by Zacks expected $13.61 billion.

For the year, the company reported profit of $17.18 billion, or $51.32 per share. Revenue was reported as $58.28 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GS at https://www.zacks.com/ap/GS

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Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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