4 hrs ago | NowPublic
Credit Suisse's 'Rising Star' Forced to Resign Over Prostitution Slur
A front page story recently in the New York Times dated August 5th 2008, by Andrew Sorkin, confirmed that Credit Suisse/DLJ Merchant Bank recently sought the resignation of one of its claimed 'rising star's' ...
Lilly drops to 1996 level on ImClone deal doubts
Shares of Eli Lilly and Co. plunged 12 percent Thursday to their lowest point since 1996, after an analyst said the Indianapolis drug maker's planned $6.5 billion purchase of a biotech company won't produce ...
Analysts Cut Franklin Earnings Outlook After Assets Drop
Sam Mamudi NEW YORK -- Franklin Resources Inc. saw analysts cut its outlook on Thursday, following a 10% month-on-month drop in assets under management.
Stocks, U.S. Futures Tumble as Credit Concern Deepens; Credit Suisse Drops
Stocks tumbled in Europe and Asia and U.S. index futures sank on concern the credit crisis will deepen, toppling more banks and pushing the global economy into recession.
Google gain hits Baidu share price
BAIDU.COM Inc, the owner of China's most-used search engine, fell as much as 8.4 percent in Nasdaq trading yesterday after Credit Suisse analyst Wallace Cheung said Google Inc was gaining users in the country.
Tesco profit meets forecasts even as shoppers grow more picky on price
LONDON : Tesco, the biggest retailer in Britain, on Tuesday met forecasts with a 10 percent increase in profit for the first half, signaling that it could cope with weak markets.
Credit Suisse Appoints New Co-Heads of Equities Australia
Credit Suisse has appointed Andrew Norman and Nick Selvaratnam as Co-Heads of Equities Australia.
U.S. Employers Probably Cut Jobs for Ninth Month as Credit Crunch Deepened
The U.S. probably lost jobs in September for a ninth month as the credit crisis deepened the economic slump, economists said before a government report today.
AIG flies into loss on City Airport stake
AIG, the stricken American insurer, looks set to have suffered a heavy investment loss after it offloaded its stake in London's City Airport to its joint venture partner for an estimated 250 million - ...
Lehman staffers clog hiring pipelines
Wall Street banks are seeing a glut of resumes from Lehman Brothers, as staff there are contacting colleagues at other firms directly to find new jobs after their investment bank went bankrupt.
Brewster's millions go on a Kerry walkabout
Sympathy for investment bankers is scarce these days but it was hard not to feel a twinge for Ireland 's own, one-time "master of the universe", Michael Brewster , yesterday.
Credit Suisse awarded license in Bahrain
Credit Suisse is pleased to announce that it has been granted a license to set up operations in Bahrain.
U.S. second quarter growth revised down
The U.S. economy grew much less vigorously than previously thought during the second quarter and the snowballing financial crisis damped a rebound in consumer sentiment this month.
Waste Connections Announces Pricing of Common Stock Offering
The company has granted the underwriters an option to purchase up to 1.65 million additional shares to cover over-allotments, if any.
Safe T-Bills Bid Up as Credit Strains Linger
Renewed concerns about the financial system swept through bond markets on Tuesday, and investors fled to safe-haven, short-term Treasury bills as doubts gathered about the effectiveness of the rescue package ...
Treasuries Advance on Concern $700 Billion Rescue Package May Be Delayed
Treasuries rose on concern Treasury Secretary Henry Paulson 's $700 billion plan to bailout the banking system may be stalled in Congress, fueling demand for the relative safety of government debt.
Public relations, press release distribution, investor relations, SEC filing
Fitch Ratings has downgraded the Issuer Default Rating of General Motors by one notch to 'CCC' from 'B-', due to diminishing liquidity and lack of access - NEW YORK-- --Credit Suisse today announced that Susan ...
Qatar 'yet to discuss' raising Barclays stake
Qatar's sovereign wealth fund paid 1.4bn in June for a 6.2% stake in Barclays and a top Qatari individual spent 32mn on a 1.9% stake.
Earnings Watch: Updates, advisories and surprises
Energy shares snapped back with generous gains in early action Thursday as crude oil continued moving up.
Fed holds rates; stocks end higher
By TIM PARADIS Associated Press Originally published 10:47 p.m., September 16, 2008 Updated 10:47 p.m., September 16, 2008 Associated Press photos Clerk Michael Hill reacts in the Euro Dollar options trading ...