Oct 31, 2009 | Bloomberg Business News
Consumer Spending Fell in U.S. Last Month After Auto Rebate Program Ended
Spending by U.S. consumers fell in September for the first time in five months after the governmenta s auto-rebate program expired.
Hanesbrands Inc. F3Q09 Earnings Call Transcript
Hanesbrands Inc. F3Q09 Earnings Call October 28, 2009 5:00 pm ET Executives Richard A. Noll - Chief Executive Officer E. Lee Wyatt, Jr.
Dollar Mostly Gains as Investors Seek Safety
The dollar was mostly higher Wednesday as a report on the housing sector added to worries about the strength of the U.S. economy's rebound, boosting the buck's appeal as a haven.
Johnson Controls F4Q09 Earnings Conference Call Transcript
Johnson Controls Inc. F4Q09 Earnings Conference Call Executives Stephen A. Roell - Chairman, President and Chief Executive Officer R. Bruce McDonald - Executive Vice President and Chief Financial Officer Analysts Michael Lew - ThinkEquity Brian Johnson - Barclays Capital Rod Lache - Deutsche Bank Christopher Ceraso - Credit Suisse David Leiker - ...
Futures Movers: Crude futures slip back below $80 on Globex
Crude-oil futures fell back below $80 a barrel by late Monday morning in Asia, failing to find support from a reported rise in September Chinese oil demand, as traders took in profits from last week's 3.4% climb in prices.
Bloomberg reports that Commerzbank can claim victory, after a German labour court rejected claims from 13 former Dresdner Kleinwort bankers that they were entitled to higher bonus payouts for their efforts in 2008.
Favors refused, fired official says
The former chief investment officer of the state's $60 billion pension fund was offered favors by investment firms and agents, a newspaper reported yesterday.
Credit Suisse has $2.4 billion gain in 3Q
Credit Suisse Group reported 2.4 billion Swiss franc in net income during the third quarter Thursday as it continued strengthening its position following losses caused by the economic crisis.
Credit Suisse Swings to $2.4B Profit
Credit Suisse exceeded analysts' expectations as it swung to a third-quarter profit of 2.4 billion Swiss francs from a year-earlier loss of 1.26 billion francs.
2 staffing firms up after 3Q earnings surprise
Shares of Robert Half International and Dice Holdings Inc. rose Thursday, after the staffing companies posted better-than-expected third-quarter earnings.
Leading Economic Indicators in U.S. Rise More Than Forecast in Growth Sign
The index of U.S. leading economic indicators rose in September for a sixth straight month, showing the economy is likely to expand into early 2010.
Credit Suisse Posts Third Straight Quarterly Profit on Gains From Trading
Credit Suisse Group AG , Switzerlanda s biggest bank by market value, reported a third straight quarterly profit on gains from trading.
Pharma giant Roche sues Credit Suisse over securities
ZURICH: Swiss pharmaceutical giant Roche is suing Credit Suisse for having sold the company 545 million US dollars worth of risky securities, a Swiss newspaper reported on Tuesday.
London Gatwick poised for revamp after sale that begins breakup of BAA's airports monopoly
London's Gatwick airport is poised for an extensive revamp after BAA Ltd. agreed Wednesday to sell the hub to a U.S.-based private investment fund, beginning the long-awaited breakup of BAA's monopoly in Britain's airports.
Roche files $545 mln lawsuit vs Credit Suisse
Swiss drugmaker Roche Holding has filed a lawsuit against Credit Suisse in the U.S. after two former directors at the bank, later charged with fraud, sold the company $545 million in risky securities.
Large banks losing clout in D.C.; Blackstone having trouble raising...
Large banks are on the verge of losing a key legislative battle over the shape of financial reform, an unusual setback that reflects the continued political backlash over their role in creating the financial crisis.
On Monday we reported that Snow Phipps was in the market raising its second buyout fund, with a $700 million target.
China Real Estate Information Corporation Announces Pricing of...
SHANGHAI, China, Oct. 16, 2009 -- China Real Estate Information Corporation , a leading provider of online and offline real estate information and consulting services in China, today announced that its initial public offering of 18,000,000 American depositary shares , each representing one ordinary share of the company, was priced at $12.00 per ...
Bank of America, JPMorgan report more late card loans
PMorgan Chase & Co. and Bank of America Corp. the biggest U.S. credit-card lenders, said more customers fell behind on payments in September and Credit Suisse AG forecast losses will mount for at least another year.
Earnings Preview: Goldman Sachs Group Inc.
Goldman Sachs Group Inc. reports third-quarter financial results on Thursday. The following is a summary of key developments and analyst opinion related to the period.
'Sell' for research renegades becomes business off Wall Street
She says investors told her that some housing industry executives were ridiculing her analysis as a 'jihad,' and several of the bank's sales representatives pressed her to upgrade 'hold' ratings to 'buys' on companies to appease bullish institutional-investor clients.
Indexes advanced modestly as the U.S. trade deficit narrowed to $30.7 billion in August.
Credit Suisse's Granetz to Be Investment Bank Chairman, de Vecchi Promoted
Credit Suisse AG , Switzerlanda s biggest bank by market value, said Marc Granetz , co-head of the global investment banking department for five years, will become the unita s chairman at the end of the year.
Clear Channel Credit Crunch Continues
Clear Channel Communications owners Bain Capital and Thomas H. Lee Partners are reportedly seeking help to keep from defaulting on loan payments.
Santander Brasil IPO raises $8 billion
Spanish banking giant Grupo Santander raised $8 billion from selling a 16% stake in Banco Santander Brasil in an initial public offering in Brazil and the U.S., while Verisk Analytics Inc.
Buy Bullish Alcoa Options in Advance of Profit Report, Credit Suisse Says
Investors should trade Alcoa Inc. options to bet that the biggest U.S. aluminum producer will rally after reporting quarterly results tomorrow, Credit Suisse Group AG said.
BTIG Continues Expansion with Opening of Singapore Office
BTIG LLC, a global broker dealer specializing in institutional trading and related brokerage services, today announced that it has opened an office in Singapore through its affiliate BTIG Singapore Pte.
IPOs due from Banco Santander Brasil and Verisk
Two U.S. initial public offerings will break the billion-dollar barrier this week as insurance data firm Verisk Analytics and Brazilian banking giant Santander get ready for their stock market debuts.
Echo Global Logistics Announces Pricing of Its Initial Public Offering
Echo Global Logistics, Inc. announced today the pricing of its initial public offering of 5,700,000 shares of its common stock at $14.00 per share .
Businesses Brace For Potential Swine Flu Losses
Share + Oct 1, 2009 5:39 pm US/Eastern NEW YORK A new survey shows the H1N1 virus could add up to billion-dollar losses for businesses, and companies are taking the flu threat very seriously.
Earnings Watch: Updates, advisories and surprises
Polymer Holdings LLC on Thursday filed to raise up to $230 million in an initial public offering with underwriters Credit Suisse and BofA Merrill Lynch.
Also on Topix