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Goldman Sachs Q3 net down less-than-feared 40%; trading weak

US bank fails to beat analysts estimates on revenues due to fall in trading and principal investments

Goldman Sachs' third-quarter earnings declined a less-than-feared 40% as the giant investment bank's revenue fell 27%.

Shares rose 0.4% in recent premarket action to $154.27. As of Monday's close, the stock had fallen 17% in the past year.

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