49296 results returned for search: "" category ("Other" AND "Business")
BIG BANK REBOUND: Five of the nation's largest banks, including Bank of America Corp., are expected to post profits for the first quarter.
EYE ON REGIONALS: The outlook is less upbeat for regional and small banks, which have seen growing losses on co...
DATE: Apr 15, 2010
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NEW YORK (Reuters) – JPMorgan Chase & Co reported quarterly profit that beat forecasts as investment banking earnings gained and loan losses slowed, and sounded a bullish note on the overall economy.
The strong results at the second-largest US bank s...
DATE: Apr 15, 2010
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Investors snapped up Butterfield Bank common shares at 24 cents below their true value after the bank launched its rights issue yesterday on The Bermuda Stock Exchange.
A total of 93,200 shares worth 15 cents each were traded during the day.
The bank...
DATE: Apr 15, 2010
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The new securities lawsuit filings related to the global credit crisis which had dominated that field of litigation over the past three years all but disappeared in the first quarter of 2010, according to Advisen Ltd.
The insurance analyst's latest q...
DATE: Apr 15, 2010
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LONDON (Bloomberg) — The former chief executive of Langbar International Ltd., a Bermuda-based investment company, pleaded not guilty to making false and misleading statements.
Geoffrey Stuart Pearson, 62, was granted bail yesterday at a London court...
DATE: Apr 15, 2010
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NEW YORK (Bloomberg) - American International Group Inc. (AIG), the insurer that posted a fourth-quarter loss after adding to reserves, told regulators that Sanford Bernstein's review of its claims-paying resources relied on faulty analysis.
The repo...
DATE: Apr 15, 2010
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BC-US--Aetna-Executive Compensation, 1st Ld-Writethru,0445
Aetna CEO takes 6 percent compensation cut in 2009
INDIANAPOLIS (AP) -- Aetna Inc. gave Chairman and CEO Ronald A. Williams a 6 percent cut in compensation last year, and his total could take...
DATE: Apr 15, 2010
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NEW YORK (Bloomberg) — CIT Group Inc., the commercial lender run by John Thain that emerged from bankruptcy in December, is staging a bond market comeback.
CIT's $7.36 billion of 7 percent notes due 2017 have climbed 8.5 cents on the dollar to 94.375...
DATE: Apr 15, 2010
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TORONTO (Reuters) - Banks powered Toronto's main stock index higher yesterday, encouraged by forecast-beating results from US bank JP Morgan, while upbeat US economic data and firmer commodity prices played supporting roles in the rise.
The index's f...
DATE: Apr 15, 2010
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WASHINGTON (Reuters) – Sales at US retailers rose more strongly than expected in March and firming domestic demand prompted businesses to rebuild inventories to a seven-month high in February, suggesting a broadening of the economic recovery.
The ret...
DATE: Apr 15, 2010
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