TOP 100 FINANCIAL SITES
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| BMO to Take C$490 Million Charge, Support SIVs VANCOUVER, British Columbia (Reuters) - Bank of Montreal will take a C$490 million ($485 million) pretax chargein the first quarter due to credit market woes, Canada'sfourth-biggest bank warned on Tuesday, but a pledge to back twoinvestments called SIVS rattled investors more. feeds.reuters.com |
Int'l Energy Agency criticizes OPEC decision to maintain oil output The International Energy Agency (IEA) criticized on Wednesday an OPEC decision to keep its oil output unchanged, saying that the cartel should pay more attention to market signals such as hiking oil prices. The Paris-based IEA said ... english.people.com.cn |
Oracle's Sales Growth Misses Hopes Oracle's quarterly profit rose 30% for its fiscal third quarter, but its 21% revenue increase fell short of expectations. Investors are watching Oracle for clues on how an economic slowdown might impact the technology sector. online.wsj.com |
GE sees Q2 profit down at finance units BOSTON (Reuters) - General Electric Co said on Friday it expects second-quarter profit to decline at its financial units. feeds.reuters.com |
Experts expect U.S. Fed interest-rate cut Wednesday The U.S. Federal Reserve on Wednesday is expected to make what may be the last -- at least for the time being -- of a string of interest-rate cuts. The Fed's hope a combination of monetary and fiscal stimulus and rising global inflat ... english.people.com.cn |