18 Jan '11, 5pm

Watch Razortv's coverage on EDB Heritage Relay 2011 at Nice coverage. #EDBis50

<p>NEW YORK - GOLDMAN Sachs Group Inc is expected to say on Wednesday that quarterly profit fell by roughly half, hit by the same adverse fixed income trading environment that slammed Citigroup Inc's results a day earlier.</p><p>Analysts on average expected fourth-quarter profit of about US$3.76 (S$4.82) per share, according to Thomson Reuters. That compares with a year-earlier profit of US$4.79 billion after payment of preferred stock dividends, or US$8.20 per share. Net revenue may fall 6 per cent to US$9 billion from US$9.62 billion.</p>

Full article: http://www.razor.tv/site/servlet/segment/main/news/58920....

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