Economic Expansion in China Slows Moderately in Second Quarter to 10.3% After Credit Cuts Jeffrey Immelt Announces General Electric Co’s Plan to Spend USD 20B on Technology to Increase Future Growth Prospects JPMorgan Chase & Co Second-Quarter Net Profit Surges to USD 1.09 per Share from USD 0.28 per Share a Year Earlier as Loan [...]
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Also tagged Agricultural Bank of China IPO, American International Group, BP New Cap Leak, BP Oil Leak Cap, BP Repairs New Cap Leak, China Economic Expansion, GE Future Growth, GE Technology, Harvey Golub, Harvey Golub Resignation, Harvey Golub Resigns, Jeffrey Immelt, JPMorgan Chase Net Profit, Overnight Market News, Overnight Markets
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JPMorgan Chase & Co First Quarter Earnings Rise 55% to USD 3.33B or USD 0.74 per Share on Higher Trading Revenue American International Group Inc’s Aircraft Leasing Division Sells 53 Aircrafts to Macquarie Group Ltd for USD 1.99B Intel Corp Profit Nearly Quadruples to USD 2.4B or USD 0.43 per Share in its Best First [...]
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Also tagged American International Group, American International Group Aircraft Leasing, Daimler AG, Daimler AG Operating Profit Forecast, Intel, Intel Corp Profit, Intel Profit, JPMorgan Chase Earnings, Lexus GX 460, Lexus GX 460 Safety, Lexus GX 460 Safety Risk, Macquarie Group, Overnight Market News, Overnight Markets, Singapore, Singapore Currency, Singapore Currency Revaluation, Toyota Lexus GX 460, Toyota Safety Risk
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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 [...]
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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 [...]
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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 & [...]
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 [...]
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 [...]
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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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