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UBS' McCann Hires Ex-Merrill Executives
Robert McCann, the new chief of UBS' wealth-management business in the U.S., has grabbed some former Merrill Lynch executives to help him revive the division of the Swiss bank.
12:53AM 11/10/09
Buffett to Sell Stakes in 2 Other Railroads
Warren Buffett plans to sell his holdings in Union Pacific and Norfolk Southern prior to completing the purchase of Burlington Northern.
12:25AM 11/10/09
Dish Profits Fall, Subscribers Rise
Dish Network reported third-quarter earnings of $81 million from $92 million a year earlier as revenue fell 1.5% to $2.89 billion.
06:39AM 11/09/09
Sands Seeks $3.35B in Macau IPO
Sands China plans to raise HK$26 billion ($3.35 billion) in an initial public offering of stock, reports say.
06:11AM 11/09/09
Allianz Posts Big Rise in Operating Profit
Europe's biggest insurer Allianz said third-quarter operating profit rose 23.4% to 1.9 billion euros ($2.84 billion).
01:59AM 11/09/09
GE, Comcast Value NBC Universal at $30B
General Electric and Comcast have agreed to value NBC Universal at around $30 billion, clearing an obstacle to giving Comcast control of NBC, reports say.
01:35AM 11/09/09
Sprint Could Pump $1B More Into Clearwire
Sprint Nextel is expected to pump at least $1 billion more into Clearwire, a report says.
12:50AM 11/09/09
P&G Earnings Dip Slightly, Raises Forecast
The consumer-good giant posted a slight decrease in fiscal first-quarter earnings but raised its outlook for fiscal 2010.
07:28AM 10/29/09
Aetna Operating Earnings Fall 43%
Aetna said third-quarter operating earnings fell 43% from a year earlier. Net income rose 18%.
06:36AM 10/29/09
Trading Revenue Lifts Deutsche Bank Profit
Shares of Deutsche Bank fell in Frankfurt but were off earlier lows as the bank reported profits more than three times higher than year-earlier levels.
04:51AM 10/29/09
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