Goldman Sachs (NYSE: GS) pulled in more than $100 million of trading revenue on 36 days in the third quarter, down from a record 46 in the preceding three months. The firm’s trading division lost money on only one day during the quarter, down from two days in the second quarter, according to a quarterly filing with the U.S. Securities and Exchange Commission. The New York company made at least $50 million on 53 of the 65 trading days in the period, or 82 percent of the time. Goldman Sachs’ $8.8 billion in third-quarter trading revenue, while fueling a profit that exceeded analysts’ estimates, fell shy of the record $10 billion in the second quarter as the company reduced risk. Still, trading revenue surpassed amounts generated by rivals including JPMorgan Chase (NYSE: JPM) and Morgan Stanley (NYSE: MS). -Bloomberg

Time Warner (NYSE: TWX) reported a 38 percent drop in third-quarter profit, set back by declines at its AOL and publishing segments. However, the results beat expectations and the company boosted its full-year earnings forecast. The media company stated that it is still on track to spin off its struggling AOL unit. Company shares rose 2.7 percent to $31 in premarket trading. Time Warner, which also owns the Warner Bros. movie studio and the HBO and Turner cable networks, stated today that its profit fell to $661 million, or 55 cents per share, in the third quarter, down from $1.1 billion, or 89 cents per share, a year ago. –Daily Finance

Concerns are mounting that efforts by governments and central banks to stoke a recovery will create a nasty side effect: asset bubbles in real-estate, stock and currency markets, especially in Asia. The World Bank warned yesterday that the sudden reappearance of billions of dollars in investment capital in East Asia is "raising concerns about asset price bubbles" in equity markets across Asia and in real estate in China, Hong Kong, Singapore and Vietnam. The International Monetary Fund cited "a risk" that surging Hong Kong asset prices are being driven by a flood of capital "divorced from fundamental forces.” –The Wall Street Journal

Comcast (NASDAQ: CMCSA) gained in premarket trading on this morning after the company reported quarterly profit that rose 22 percent as customers signed up for additional phone and Internet services. –Reuters

Companies in the U.S. cut an estimated 203,000 jobs in October. The decline was the smallest in more than a year and followed with a revised 227,000 decline the prior month, data from ADP Employer Services showed. The figures were forecast to show a decline of 198,000 jobs, according to the median estimate of 34 economists in a survey. The report signals unemployment will continue to climb even after the economy begins to expand, one reason why Federal Reserve policy makers may pledge to keep interest rates low for some time after their meeting today. -Bloomberg

-Jutia Group