The energy sector will depress U.S. fourth-quarter earnings and subdue growth for the entire S&P 500, making 2015 the weakest year for earnings since 2008, Goldman Sachs said Friday.Sign of a recession?
The bank trimmed its S&P 500 earnings-per-share estimates for 2015, 2016 and 2017 in a note that highlighted three factors it expects to feature in earnings releases and on conference calls this year.
Monday, January 11, 2016
Energy companies set for first earnings decline in 48 years: Goldman Sachs
Marketwatch reports: