TOP 100 FINANCIAL SITES
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| Commerzbank profit falls 44% Commerzbank AG, Germany's second-largest bank, said fourth-quarter profit declined 44 percent on writedowns related to US subprime assets.Net income fell to 201 million euros ($293 million) from 359 million euros a year earlier, the Fra ... english.people.com.cn |
BP expects 2 bln more barrels of Prudhoe Bay crude BP says it can recover at least 2 billion more barrels of crude from Alaska's Prudhoe Bay oilfield, even after taking into account the underground oil reservoir has yielded more than 11 billion barrels, far more that thought possible when f ... english.people.com.cn |
Citigroup to cut securities jobs Citigroup Inc, the biggest US bank by assets, plans to cut more than 5 percent of staff in the securities unit to rein back expenses after US subprime-mortgage related losses."Each year we identify the bottom 5 percent of performers in ... english.people.com.cn |
Goldman says regulators probe auction-rate matters NEW YORK (Reuters) - Goldman Sachs Group Inc disclosed on Wednesday that it has received requests forinformation from "various governmental agencies andself-regulatory organizations" relating to auction products andthe recent failure of such auctions. feeds.reuters.com |
Goodyear swings to profit in 1Q, revenue rises CLEVELAND (AP) -- Goodyear Tire & Rubber Co. said Friday that it swung to a profit in the first quarter by focusing on higher-priced tires and international markets. The results from the biggest U.S.-based tiremaker beat Wall Street expectations and its shares rose almost 6 percent in morning trading.... hosted.ap.org |