Biggest Profit Gainer in the Financial Crisis Era
Some companies managed to boost their profits, although in 2009 the world economy was weakening. This happens because some companies managed to make large-scale efficiency.
Here are three among ten companies with the largest profit Fortune Magazine, published recently:
1. Goldman Sachs Group
Advantages: U.S. $ 13.4 billion
After obtaining a bailout of more than U.S. $ 10 billion, Goldman Sachs back to do best: make money. This financial services company posted a profit of U.S. $ 3.4 billion in the second quarter of 2009. However, a number of market participants and the people of the United States was disappointed that this earnings announcement just a few months after Goldman Sachs received an injection of capital from tax the American people in June 2009. However, Goldman has posted a profit surge almost six-fold compared to 2008. This is an advantage of trading stocks, commodities, and investment. (more…)
September 28, 2010
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