Goldman's Earnings Beat Estimates
Goldman Sachs's first-quarter net income fell 10%, but results comfortably topped analysts' estimates, sending the stock higher in premarket trading.
Morgan Stanley's Profit Rises
Morgan Stanley said first-quarter profit jumped 56% as strong results in the company's wealth management business were bolstered by an unexpected rise in fixed-income trading revenue.
Banks Ramp Up Business Lending
Banks are boosting their lending to businesses, providing fuel for companies to increase spending on workers and equipment as the economy improves.