TOP 100 FINANCIAL SITES
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| Julius Baer Net Rises 33% Julius Baer said second-half net profit climbed 33% from a year earlier, when earnings were hurt by costs from a 2005 deal and a hiring spree. online.wsj.com |
Crude prices set new record high on weak dollar Crude prices surged above 102 U.S. dollars a barrel Thursday on weak dollar and the prospect of lower interest rates. The Commerce Department said gross domestic product grew at only a 0.6 percent rate in the fourth quarter, below e ... english.people.com.cn |
Intesa offering $5.5 bln for Baer's GAM - report ZURICH, March 18 (Reuters) - Intesa Sanpaolo isoffering about $5.5 billion to take over Julius Baer's hedge fund unit GAM and the deal could go through soon, a Swissnewspaper reported, citing Baer insiders. feeds.reuters.com |
Huge Job Losses Set Off Recession Alarms WASHINGTON (AP) -- It's no longer a question of recession or not. Now it's how deep and how long. Workers' pink slips stacked ever higher in March as jittery employers slashed 80,000 jobs, the most in five years, and the national unemployment rate climbed to 5.1 percent. Job losses are nearing the staggering level of a quarter-million this year in just three months.... hosted.ap.org |
Sovereign Bancorp net doubles despite loan losses NEW YORK (Reuters) - Sovereign Bancorp Inc , the second-largest U.S. savings and loan, on Wednesday said quarterly profit roughly doubled from a year earlier, when the company took a big charge, though credit losses soared. feeds.reuters.com |