49296 results returned for search: "" category ("Other" AND "Business")
DATE: Aug 04, 2008
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NEW YORK (Bloomberg) - Aon Corp., the biggest insurance broker, said second-quarter profit from continuing operations declined 8.2 percent on higher expenses tied to job cuts.
Earnings excluding the sale of an underwriting unit fell to $168 million, ...
DATE: Aug 04, 2008
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SAN JOSE, CALIFORNIA (Bloomberg) - Yahoo! Inc.'s investors threw their weight behind the Internet company's board on Friday, with 85 percent of votes supporting CEO Jerry Yang after he fought off a proxy fight with Carl Icahn.
Each director received ...
DATE: Aug 04, 2008
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LONDON (Bloomberg) - Merrill Lynch & Co.'s agreement to tear up bond insurance contracts sold by Security Capital Assurance Ltd. (SCA) may provide a template for Wall Street, Bank of America Corp. analysts said.
SCA will pay Merrill $500 million to c...
DATE: Aug 04, 2008
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NEW YORK (Reuters) - Wall Street could be in for more volatility next week as investors brace for a new batch of key earnings reports and the Federal Reserve's assessment of the US economy.
A slightly positive but extremely mixed bag of corporate ear...
DATE: Aug 04, 2008
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BEIJING (Bloomberg) - China already has won most of the medals in the financial Olympics by avoiding the toxic debt investments that devastated banks in the US and Europe.
Chinese banks hold three of top six spots among the world's largest financial ...
DATE: Aug 04, 2008
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A total of BD$131.7 million in notes and coins were in circulation during the Cup Match holiday weekend, according to the Bermuda Monetary Authority (BMA).
The BMA said that amount compared with a total of BD$124.3 million for the same period last ye...
DATE: Aug 04, 2008
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XL Capital Ltd. chief executive officer Michael McGavick has shown his confidence in his company bouncing back from its recent hard times by spending $2 million of his own money on the Bermuda-based insurer's shares.
A regulatory filing on Thursday s...
DATE: Aug 04, 2008
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AUTHOR:
Jonathan Kent
NEW YORK (Reuters) - Investment bank Lazard Ltd. on Wednesday posted a five-percent increase in quarterly profit because of higher advisory and asset-management fees, despite a slowdown in deal activity.
But shares of the independent adviser declined...
DATE: Aug 04, 2008
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Commodity and energy prices have continued to soften and this has resulted in some optimism on equity markets. But do not cheer too loudly because softer prices are also signalling weakening global economic growth. Meanwhile, cries from politicians t...
DATE: Aug 04, 2008
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CATEGORY:
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