China Overtakes Japan as the World’s Second-Biggest Economy as Japan’s GDP Growth Slowed Sharply in Q02 2010 Dell Inc to Acquire Data-Storage Company, 3PAR Inc for USD 1.2B in Cash as it Looks to Enhance its Offerings for Corporate Technology Departments Mining Company, Vedanta Resources Plc Agrees to Purchase up to 60% of Cairn India [...]
Euro Zone Gross Domestic Product Expands 1% in Q02 2010, its Fastest Pace in Over Three Years The Swiss Central Bank Reports a Loss of USD 4B in Q02 2010 as it Fights the Franc From Rising Microsoft Corp’s Xbox 360 Outsells Nintendo Co’s Wii in July, with Sales More Than Doubling to 443.5k units, [...]
Cisco Systems, Inc Posts 79% Increase in Q04 2010 Profit to USD 1.94B from USD 1.08B, Sales Forecast Misses Analysts’ Estimates UK Insurer Prudential Plc Reports 41% Rise in First-Half Operating Profit to GBP 968mm from GBP 688mm on Growth in Asian Market General Motors Co (GM) Secures USD 5B Revolving Line of Credit, Plans [...]
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Tagged Cisco Systems Profit, General Motors IPO, General Motors Revolving Line of Credit, GM IPO, GM Revolving Line of Credit, Overnight Market News, Overnight Markets, Prudential Plc Operating Profit, Prudential Plc Profit, US Foreclosures, US Foreclosures Rise
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Nestle SA Raises its Annual Sales Growth Forecast by 1.1% to 5% After First-Half Sales Growth Rose 6.1%, Surpassing Analysts’ Expectations For a 6% Increase US Home Owners Cut Prices as Much as USD 30.1B in August, Up From USD 27.3B in July, as Unemployment Overshadows Low Mortgage Rates MakeMyTrip Ltd to Raise USD 70mm [...]
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Tagged China Annual Growth, China Growth Projections, China’s Annual Growth Slows, MakeMyTrip Initial Public Offering, MakeMyTrip IPO, Nestle Annual Sales Growth Forecast, Nestle SA, UK Consumer Morale, UK Consumer Morale Falls, US Home Prices, US Home Prices Cut, US Home Prices Drop
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China’s Trade Surplus Surges 170% to an 18-Month HI of USD 28.7B in July as Exports Grew to a Record Level and Import Gains Eased Bank of Japan Keeps Key Interest Rate Steady at 0.1%, Holds Off on Policy Decision Regarding Stronger Yen US Private Equity Firm, KKR & Co Cancels Plans to Raise Additional [...]
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Tagged Alibaba.com, Alibaba.com Net Profit, Alibaba.com Profit, Bank of Japan Interest Rate, China Trade Surplus, China’s Trade Surplus, Japan Interest Rates, KKR & Co Cancels Stock Offering, KKR & Co Stock Offering, Overnight Market News, Overnight Markets, Tata Motors, Tata Motors Profit, Tata Motors Sales, UK Trade Deficit, UK’s June Trade Deficit
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Greece Set to Receive Second Installment of Rescue Loans in September Amid Progress on Debt UK Banking Group, Barclays PLC 6M 2010 Net Profit Climbs 29% to GBP 2.4B (USD 3.9B) on Lower Bad-Debt Charges Bank of England Holds Key Interest Rate Steady at Record LO of 0.5%, Asset-Buying Programme Also Remains Unchanged Costco Wholesale [...]
Lloyds Banking Group PLC Reports First-Half Profit of GBP 3.96B, its First Profit Since its Acquisition of HBOS PLC Forced the Company to Seek a Government Bailout Motorola Inc Plans to Release a Tablet Computer Based on Google Inc’s Android Software to Challenge Apple Inc’s iPad Toyota Motor Corp Raises its Full-Year Profit Forecast to [...]
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Tagged Cathay Pacific Airways, Cathay Pacific Airways Airbus, Cathay Pacific Airways Boeing, Lloyds Banking Group, Lloyds Banking Group Profit, Motorola Tablet Computer, Overnight Market News, Overnight Markets, Societe Generale Profit, Societe Generale SA, Toyota Full-Year Profit Forecast, Toyota Profit Forecast
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Bayerische Motoren Werke AG (BMW) Posts Biggest Profit in 2 1/2 Years with Q02 2010 Net Income Attributable to Shareholders of EUR 831mm from EUR 119mm on Demand for its New 5 Series and Improved Sales in China and the US Sanofi-Aventis SA Enters USD 18.4B or USD 69 per Share Takeover Proposal for Biotechnology [...]
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Tagged Bayerische Motoren Werke Profit, BMW Profit, China Gold Trade, Overnight Market News, Overnight Markets, People’s Bank of China, People’s Bank of China Gold Trade, Procter & Gamble, Procter & Gamble Profit Per Share, Reserve Bank of Australia Lending Rate, Reserve Bank of Australia Loan Rate, Sanofi-Aventis, Sanofi-Aventis Genzyme, Sanofi-Aventis Takeover Proposal, US Construction Spending, US Construction Spending Rises
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