Societe Generale has resolutely focused on strengthening its capital by announcing Tuesday that it will not distribute dividend for its 2011 fiscal year, a first since the privatization of the French bank that markets welcomed. “The challenge for this quarter was to show that we were able to accelerate to get ready (to) go to” [...]
Nov 8 2011 | Posted in
Banking |
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The Dow is back above the 12,000 points mark, in which it evolved since early August. Reassured by the agreement reached within the euro area, Wall Street offered a sharp rise at the opening on Thursday. Investors are looking particularly banking stocks, earning up to 9%. In addition, the GDP figures for the third quarter américéin have [...]
Oct 27 2011 | Posted in
Finance |
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The computer giant IBM on Tuesday named a woman, Virginia Rometty, to succeed Samuel Palmisano at the head of a group enjoying a renaissance which has just celebrated its centenary. This is the first time the venerable group of Armonk, in the suburbs of New York, will be headed by a woman. This appointment was [...]
Oct 26 2011 | Posted in
Business |
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Net income for the group drop 73% in the third quarter, below market forecasts. The U.S. e-commerce Amazon reported, Tuesday, October 25, a collapse of 73% of its net profit in third quarter , to 63 million, and advanced forecasting deemed a fair bit by the market, which responded by dropping the title. Based on the number [...]
Oct 26 2011 | Posted in
Science |
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British oil giant BP announced Tuesday a dramatic jump in quarterly profit, bolstering hopes to turn the page of the disaster in the Gulf of Mexico in April 2010 which failed to be fatal. Eighteen months after the explosion of the Deepwater Horizon, which killed 11 people and caused the worst oil spill in the [...]
Oct 25 2011 | Posted in
Stocks |
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Despite very good quarterly results, the Swiss pharmaceutical group wants to eliminate 12 jobs in a confederation, to strengthen in the emerging markets. It is justified by referring to the price pressure, and the strong Swiss franc. Novartis announced Tuesday the elimination of 2,000 jobs, including 1,100 in Switzerland. The Basel-based pharmaceutical group, however, is not [...]
Oct 25 2011 | Posted in
Business |
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McDonald’s released in the third quarter net earnings of $ 1.51 billion, up 9% compared to $ 1.39 billion generated in the same period last year. Based on the number of shares, net income totaled $ 1.45 where analysts expected a figure of less than 2 cents to 1.43 dollars. Revenues have jumped on their side from [...]
Oct 21 2011 | Posted in
Business |
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Morgan Stanley has published for its third quarter net income of $ 2.2 billion, or $ 1.15 per share. Last year, the U.S. bank had posted a net profit of only $ 314 million, or $ 0.05 per diluted share for the same period. Revenues from Morgan Stanley came out to $ 9.9 billion against 6.8 billion [...]
Oct 19 2011 | Posted in
Banking |
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The co-founder of Apple, Steve Jobs lost his battle against cancer, triggering an avalanche of tributes Thursday from one end to the other in the world. Steve Jobs is dead. Tributes are increasing. The whole world is crying. His death is also mediated than JFK, John Paul II or Michael Jackson. Surprising?Not so much. For the co-founder of Apple was considered [...]
Oct 7 2011 | Posted in
Entertainment |
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Bank of America has a big loss in the second quarter mainly because of the expense related to the resolution of disputes relating to securities linked to mortgages. The U.S. bank posted a net loss of $ 8.8 billion, or 90 cents per share, compared with net income of $ 3.1 billion, or 27 cents a [...]
Jul 19 2011 | Posted in
Banking |
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