Here at The Motley Fool, we've searched high and low across the Web this Thursday to find the biggest news and best stories around. Here are your top five morning reads.
1. Goldman Sachs rolls, Citigroup stumbles
Like JPMorgan Chase (NYSE: JPM ) , Goldman Sachs (NYSE: GS ) turned in earnings that beat expectations, thanks to bond trading profits. However, the stock's trading down today. One interesting note: Compensation was down versus previous quarters.
Citigroup (NYSE: C ) turned in a loss for the quarter, but claims it would have been profitable were it not for a conversion of government preferred shares to common stock. (Read more at Reuters and CNNMoney.)
2. Nokia, earnings party pooper
After a string of solid earnings reports in the past few days, Nokia (NYSE: NOK ) , dropped a dud on investors. The company, which is struggling to maintain market share against Apple (Nasdaq: AAPL ) and Research In Motion (Nasdaq: RIMM ) , reported a net loss of about $834 million on weak sales and a joint venture writedown. (Read more at Bloomberg.)
3. Dow hits 10,000
The Dow hit 10,000 for the first time since last October. While we all love round numbers and shiny objects, there are plenty of reasons to ignore this milestone. (Read more at CNNMoney.)
4. Is the dollar really doomed?
We've all heard predictions of the dollar's demise, but is that really the case? Financial Times columnist Martin Wolf takes a more cautious approach. (Read more at The Financial Times.)
5. Going green? Saudi Arabia wants your greenbacks
The Saudis want financial compensation from any wealthy nations that reduce oil consumption to combat global warming. As one policy director said, "It is like the tobacco industry asking for compensation for lost revenues as a part of a settlement to address the health risks of smoking." (Read more at The New York Times.)
Check Fool.com throughout the day for commentary and analysis on these and other stories. Or you can follow us on Twitter, on Facebook, or through our email digests.
RSS Headlines
Fool UK