Goldman Sachs and Morgan Stanley have been trying to expand stable businesses such as asset management, but volatile trading continues to be a large revenue source.
Goldman Sachs lowers its rating for the home improvement chain, citing tough macro and housing data.
The September rally pushes the Dow up 13, despite a report showing consumers continue to be gloomy. Irish debt fears weigh on markets. Gold briefly tops $1,280.
For the first time in at least 20 years, the company is giving more campaign money to Republicans than to Democrats.
There will be more fallout from the SEC's fraud charges against Goldman Sachs. But expect good earnings from Apple, Coca-Cola, AT&T, McDonald's and others.
Maybe, and investors would do well to understand why he might be concerned.
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