Barclays PLC Third Quarter Net Income Declines 54% to GBP 1.08B (USD 1.8B) on Impairment Charges
European Commission Objects to Oracle Corp’s Proposed USD 7.4B Acquisition of Sun Microsystems Inc on Concerns Over the Merger’s Potential Impact on Competition in the Database Market
Cell Phone Service Provider, Vodafone PLC Says First Half Operating Profit Rises 2.9% to [...]
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Also tagged Barclays Net Income, Google, Google Admob, HSBC Holdings, Indonesia GDP, Indonesia Gross Domestic Product, Oracle Sun Merger, Overnight Market News, Overnight Markets, Vodafone, Vodafone Profit
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On Monday, Barclay’s PLC pleased investors with a solid performance for the first half of 2009, despite missing analysts’ estimates. The UK’s second largest lender said that net profit for its six month period ended June 30, 2009 rose 10% to GBP1.98B, below analysts’ estimates of GBP1.96B.
Still, Barclay’s shares soared 7.84% at the close of [...]
HSBC Holdings plc (HBC) Sees First-Quarter Profit Halve to USD 5.02B from USD 10.02B on Increased Bad Debt in US
Barclays plc Profits Rise 8% for Six Months to USD 5B for First Half, Helped by Investment Banking Division
China Manufacturing Index Rises to Highest Level in a Year to a Seasonally Adjusted 52.8 in July from [...]
China’s Foreign Exchange Reserves, the World’s Largest, Surpasses USD 2T as Foreign Investment Flows Back into the Country
Intel, the World’s Biggest Chipmaker, Reports Second Quarter Earnings of USD 0.18 per Share, Far Exceeding Analyst’s Expectations of USD 0.08
UK Unemployment Increases by Record 281k to 2.38mm in the Three Months to May, Jobless Rate now 7.6%, [...]
Yesterday, Barclays PLC finalized a deal to sell its Barclays Global Investors (BGI) Unit to BlackRock Inc. for US$13.5B. The deal created the world’s largest asset manager, to be known as BlackRock Global Investors.
BlackRock will pay US$6.6B cash and the rest in stock. It will also acquire BARC’s ishares business in order to increase its [...]
Abu Dhabi Reaps GBP 1.5B Profit After Sale of 11% Stake in Barclays Plc
General Motors Corp Will Likely Sell Key Assets by Next Month as it Hopes for Speedy Exit from Bankruptcy Protection
Goldman Sachs Group Inc Receives USD 1.91B from Industrial & Commercial Bank of China Ltd Stock Sale, on Track to Repay TARP Funds
Europe’s [...]