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Tag Archives: Credit Agricole

Overnight Market News – August 26, 2010

26-Aug-10

France’s Second-Largest Bank, Credit Agricole SA Reports an 89% Surge in Q02 2010 Net Income to EUR 379mm (USD 482mm), Topping the EUR 318mm Estimate Industrial & Commercial Bank of China Announces that Q02 2010 Net Income Climbed 38% to a Record CNY 43B (USD 6.3B) on Widened Margins and Heightened Loan Demand The World’s [...]

Overnight Market News – October 14, 2009

14-Oct-09

Intel Corp Third Quarter Results Beat Analysts’ Expectations Reporting Profits of USD 1.19B or USD 0.33 per Share Versus USD 2.01B or USD 0.35 per Share a Year Ago Credit Agricole SA Set to Reimburse the French Government EUR 3B (USD 4.5B) Wroth of State Aid By End of Month Oil Prices Jump to Over [...]

Credit Agricole Turns Things Around

28-Aug-09

An improved investment banking performance, fewer write downs and increased revenues helped Credit Agricole SA turn things around in the quarter ended June 30, 2009. France’s top bank (in terms of assets) reported that it more than doubled its second quarter net profit to EUR 201M from EUR 76M, trumping analysts’ estimates of EUR 174.1M. [...]

Overnight Market News – August 27, 2009

27-Aug-09

Economists Expect US Commerce Report to Show that the Economy Shrank at an Annualized Rate of 1.5% in Q02 2009 vs US Government’s Projection of a 1% Contraction French Bank, Credit Agricole SA More than Doubles Second Quarter Net Income to EUR 201mm (USD 286mm) on Fewer Writedowns Spirits-Maker, Diageo PLC Posts 7% Increase in [...]

Overnight Market News – May 14, 2009

14-May-09

Global Banks Sue Bond Insurer MBIA Inc Over Decision to Restructure Business Resulting in Insolvency of Key Unit Wal-Mart Stores Inc Meets Expectations with Fiscal Q01 2009 Earnings of USD 0.77 per Share up from USD 0.76 per Share (yoy) UK Telecommunications Company, BT Group Plc Cuts Dividend and 15,000 More Jobs After GBP 1.58B [...]