Financial shares in the Standard & Poor’s 500 Index reversed an earlier
drop and climbed 1.8 percent as a group, led by JPMorgan Chase & Co. and
Wells Fargo & Co. Freeport-McMoRan Copper & Gold Inc. and
ConocoPhillips rose at least 2.9 percent as metals gained and oil rebounded to
near $74 a
The bank fell 5.4 percent in Swiss trading after saying net redemptions at its
wealth management units increased to 45.2 billion francs ($42.3 billion) from
26.6 billion francs in the previous three months. Analysts surveyed by
Bloomberg had estimated 17.5 billion francs in outflows. UBS,
Net income increased to $1.54 billion, or 66 cents a share, from $995 million,
or 43 cents, a year earlier, the Atlanta- based company said today in a
statement. Earnings per share equaled the average of nine analysts’ estimates
compiled by Bloomberg. Sales by case volume grew 29 percent
Wednesday February 10, 2010, 12:25 am Coca-Cola says its fourth- quarter profit
climbed as the world's largest drink maker sold five per cent more beverages
worldwide. Coca-Cola says its unit case volume rose in emerging markets like
China and India, and also saw solid growth
AP Coca-Cola says its fourth-quarter profit climbed as the world's largest
drink maker sold five per cent more beverages worldwide. Coca-Cola says its
unit case volume rose in emerging markets like China and India, and also saw
solid growth in Latin America. However, it sold fewer
ALUMINA Ltd is making a surprise return to dividend-paying status despite its
2009 profit being savaged by the impact of the global financial crisis on
alumina and aluminium demand and prices. Earnings collapsed from $202 million
in 2008 to a loss of $2 million on an ''underlying''
The capacity and incentives to take risks have “clearly overwhelmed” any
improvements in risk management, Jaime Caruana wrote in a paper he delivered to
a gathering of central bankers in Sydney today. Financial companies alone can’t
keep underlying risks in check and will need help from
Last week Brookes doubled his guidance for Myer���s first half earnings to 10
per cent. Today David Jones���s Mark McInnes matched this call. What���s more
David Jones raised the stakes by announcing that its sales for the six months
to January 23 were up 2.2 per cent compared
The bank fell as much as 4.3 percent in Swiss trading after saying net
redemptions at its wealth management units increased to 45.2 billion francs
($42.3 billion) from 26.6 billion francs in the previous three months. Analysts
surveyed by Bloomberg had estimated 17.5 billion francs in
The bank fell as much as 4.3 percent in Swiss trading after saying redemptions
at its wealth management units increased to 45.2 billion francs ($42.3 billion)
from 26.6 billion francs in the previous three months. Analysts surveyed by
Bloomberg had forecast 17.5 billion francs in
The bank fell 5.4 percent in Swiss trading after saying net redemptions at its
wealth management units increased to 45.2 billion francs ($42.3 billion) from
26.6 billion francs in the previous three months. Analysts surveyed by
Bloomberg had estimated 17.5 billion francs in outflows. UBS,
