Shares of Deere & Co. jumped Monday as a Morgan Stanley analyst upgraded the world's largest farm machinery manufacturer on rising demand and higher corn prices.
MUMBAI (Reuters) - Leading Indian outsourcers such as Tata Consultancy <TCS.BO>, Infosys <INFY.BO> and Wipro <WIPR.BO> stand to gain contracts worth about $1 billion in the next one or two years as U.S. banks emerge from the troubled asset relief program, the Economic Times reported on Monday.
Friday, 20 Nov 2009 | Source: The Associated Press
The investment banking division of Barclays Bank PLC said Friday it has formed a joint venture with Goff Capital Inc. to acquire Crescent Real Estate Equities Limited Partnership, a Texas-based office building owner.
NEW YORK (Reuters) - Fidelity Investments has launched a service to help retail brokers determine how profitable it would be for them to leave their brokerage house and hang out their own shingle.
Thursday, 19 Nov 2009 | Source: The Associated Press
Norway's largest financial group, DnB NOR ASA, said Thursday that shareholders approved a 14 billion kroner ($2.5 billion) rights issue to offset losses suffered during the financial crisis.
Wednesday, 18 Nov 2009 | Source: The Associated Press
Compellent Technologies Inc. said Wednesday the network storage company and existing shareholders are publicly offering to sell more than 3.3 million shares for $19.25 a share, a 2 percent discount to the previous day's closing price.
Wednesday, 18 Nov 2009 | Source: The New York Times
In a report released Tuesday by the comptroller of New York State, Wall Street profits in 2009 are on track to exceed the record set three years ago, reports the New York Times.
Wednesday, 18 Nov 2009 | Source: The Associated Press
Mitsubishi UFJ Financial Group reported a 53 percent jump in fiscal first half profit and disclosed plans to raise up to $11.2 billion as Japan's biggest bank seeks to shore up its balance sheet.
Tuesday, 17 Nov 2009 | Source: The Associated Press
The value of loans held by the largest banks who received the largest amounts of government bailout support fell for an eighth consecutive month in September, according to the Treasury Department.
Tuesday, 17 Nov 2009 | Source: The Associated Press
Fortinet Inc. plans to go public Wednesday in an initial public offering, giving investors a chance to tap a network security provider with sales expected to grow.
Tuesday, 17 Nov 2009 | Source: The Associated Press
Lazard Ltd. on Tuesday appointed Kenneth M. Jacobs as CEO and chairman, choosing a longtime executive at the investment advisory firm to fill vacancies from last month's sudden death of Chairman and CEO Bruce Wasserstein.
'Over the last year, the federal government has injected over $200 billion into approximately 600 financial institutions, and guaranteed over $300 billion of their troubled assets... Read More