Coca-Cola Co Nears Deal to Purchase the North American Operations of its Largest Bottler, Coca-Cola Enterprises Inc for as Much as USD 15B
General Motors Co to Shut Down Hummer Brand After Proposed Sale to Sichuan Tengzhong Heavy Industrial Machines Falls Through
Lehman Brothers Holdings Inc Reaches Agreement to Settle USD 7.6B Claim Filed by JPMorgan Chase [...]
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Also tagged Coca Cola, Deutsche Telekom AG, Deutsche Telekom AG Net Loss, Europe Economic Confidence Index, General Motors Hummer, Hummer Brand, Hummer Deal, Hummer Shut Down, Lehman Brothers Holdings, Overnight Market News, Overnight Markets, Royal Bank of Scotland Group, Royal Bank of Scotland Group Net Loss
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Organization for Economic Cooperation and Development Lifts Euro Zone 2010 Growth Forecast, Now Expects Expansion of 0.9% Versus Prior Estimate for Zero Growth
JPMorgan Chase & Co Agrees to Purchase Remaining Stake of UK Stockbroker, Cazenove for GBP 1B (USD 1.7B)
Sony Corp Aims to Return its Gaming and TV Businesses to Profitability by Fiscal 2011, Will [...]
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Also tagged Air France-KLM, Air France-KLM Job Cuts, Cazenove, Euro Zone 2010 Growth, Infineon Technologies, JPMorgan Chase Cazenove, OECD, Organization for Economic Cooperation and Development, Overnight Market News, Overnight Markets, SabMiller, Sony Corp
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Japan’s Economy Grows at Fastest Pace in More Than Two Years, by an Annualized Rate of 4.8% in Third-Quarter Compared with Prior Quarter
General Motors Corp to Begin Repaying USD 6.7B Government Bailout by Year-End
Canon Inc to Buy Oce NV for EUR 730mm (USD 1.1B) in Cash to Expand Printer Operations
JPMorgan Chase & Co to Bid [...]
Goldman Sachs Group Inc pushed up shares of U.S. banks yesterday, after saying that the market has not recognized the significant improvement in earnings potential at big banks. Goldman Sachs boosted ratings on Wells Fargo & Co. to “Buy” from “Neutral”, added Capital One Financial Corp. to its “Conviction Buy” list and reaffirmed the “Conviction [...]
Following a good performance from the Goldman Sachs Group, JPMorgan Chase & Co,. posted significantly higher results for its second quarter through June. JPMorgan Chase earnings increased 36% to US$2.7B from US$2B. The company benefited from its investment banking segment which grew revenue from trading and underwriting activity and eclipsed defaults on consumer loans which [...]
US Treasury to Announce Approval for 10 US Banks including JPMorgan Chase & Co, American Express Co to Repay TARP Funds
Bank of America Corp Announces Resignation of Two More Board Members
Fiat SpA Will Not Abandon Efforts to Buy Chrysler LLC after US Supreme Court Delays Deal
Royal Dutch Shell Chief Executive Officer Calls for Compensation Reforms [...]
General Motors Corp Reaches Preliminary Agreement to Sell Saturn to Penske Automotive Group
Apple Inc Chief Executive, Steve Jobs On-Track to Return to Company as it Unveils New iPhone
US Unemployment Report for May to be Released at 7:30 am, Unemployment Rate Forecasted at 9.2%
US Regulators Dismiss Objections from JPMorgan Chase & Co, American Express Co Insisting [...]
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Also tagged American Express, General Motors, Market News, New iPhone, Overnight Market News, Overnight Markets, Penske Automotive Group, Saturn, Steve Jobs, TARP Money, US Unemployment Report
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