Goldman Sachs doubles quarterly net amid SEC woes

Date: Tue, 20 Apr 2010 12:01:06 -0400

GOLDMAN SACHS DOUBLES QUARTERLY NET AMID SEC WOES
Goldman Sachs, amid a legal maelstrom, posts a first-quarter net
profit that doubled from its earnings of a year ago.

U.S. STOCKS CLIMB AS EARNINGS TOP ESTIMATES
U.S. stocks Tuesday regained their footing as Wall Street applauded
another round of mostly positive earnings from household names
including Harley-Davidson and Coach Inc.

DOLLAR TURNS UP VS. EURO, GAINS MORE AGAINST YEN
The U.S. dollar recovers versus the euro and added to gains against
the yen as earnings, central bank news and economic data vie for
attention.

LOONIE SOARS AS BANK OF CANADA HINTS AT HIKE
The Canadian dollar rises to parity with the U.S. dollar as Canada's
central bank releases a policy statement hinting that an interest-rate
hike may be sooner than expected.

OIL-SERVICE SHARES LEAD EARLY ENERGY-SECTOR GAINS
Oil-service shares lead the way higher in the energy sector as
investors bid up shares of offshore drillers, while oil prices' climb
back above the $82-a-barrel mark undergirds the bullish sentiment.