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FINANCIALS

Wednesday, 19 November 2008

Asian Stocks Fall for Third Day; Financial Companies Lead Drop

Asian Stocks Fall for Third Day; Financial Companies Lead Drop

By Kyung Bok Cho and Chua Kong Ho Nov. 19 (Bloomberg) -- Asian stocks fell for a third day, led by financial companies and commodity producers, as Sumitomo Mitsui Financial Group Inc. planned to raise cash and Oz Minerals Ltd.

Source: Bloomberg

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Thursday, 08 January 2009

Yen Advances as Falling Stock Markets Increase Risk Aversion

Yen Advances as Falling Stock Markets Increase Risk Aversion

By Bo Nielsen and Stanley White Jan. 8 (Bloomberg) -- The yen rose the most in almost three weeks against the euro as falling stock markets in Asia and Europe prompted investors to...

(Source: Bloomberg)    read more...

Thursday, 08 January 2009

Arbitron Settles Lawsuit Alleging Bias in Radio Ratings System

Arbitron Settles Lawsuit Alleging Bias in Radio Ratings System

By BRIAN STELTER Arbitron, the radio ratings company, will overhaul a new measurement system for radio stations under a settlement announced Wednesday with the New York and New...

(Source: New York Times)    read more...

Thursday, 08 January 2009

TDK Forecasts First Annual Net Loss in Seven Years on Slowdown

TDK Forecasts First Annual Net Loss in Seven Years on Slowdown

By Pavel Alpeyev Jan. 8 (Bloomberg) -- TDK Corp., the world’s largest maker of magnetic heads used in disk drives, forecast its first full- year loss in seven years as it cuts 9000...

(Source: Bloomberg)    read more...

Thursday, 08 January 2009

EMC says to cut 2400 jobs

EMC says to cut 2400 jobs

By Jim Finkle BOSTON (Reuters) - EMC Corp (EMC.N), the worlds biggest maker of data storage equipment for businesses, said it plans to cut 2400 jobs, or 6 percent of its staff, to...

(Source: Reuters)    read more...

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