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Deals of the day -- mergers and acquisitions Feb 2 (Reuters) - The following bids, mergers, acquisitionsand disposals involving European, U.S. and Asian companies werereported by 1000 GMT on Monday. ReutersHumana Inc. reports lower 4Q earnings LOUISVILLE, Ky. (AP) - Health insurer Humana Inc. reported a 28 percent drop in fourth-quarter profit Monday, driven partly by a double-digit income decline in its government segment business. AOLBest`s Solvency II Analysis Concludes Financial Crisis Impacts Insurers A report from A.M. Best examines the latest twists and turns of the European Union's much discussed (and long delayed) implementation of the Solvency II regulations. Best notes that the ... Insurancejournal.comRyanair raises `09 outlook on lower fuel costs DUBLIN, Ireland (AP) - European budget airline Ryanair Holdings PLC on Monday reported a quarterly loss of euro118.8 million ($151.3 million) but forecast a speedy return to profit this year, citing cheaper fuel and a low-fares marketing strategy that can thrive in a recession. AOLWorld markets fall on bleak earnings BANGKOK (AP) -- Most Asian markets sank Monday as investors digested a slew of awful earnings reports from the region's corporate heavyweights and inauspicious signs from Wall Street, where stock averages clocked their worst January ever. European bourses opened sharply lower.... The Arizona RepublicTAGI Maintains Its FOF Membership As the Only Arab Company Special to ag-IP-news AgencyNEW YORK - Talal Abu-Ghazaleh International (TAGI) maintained its membership for the second year to be the only Arab company that has been listed as a full member of the Forum of Firms (FOF) and continues to report its adherence to the Forum’s membership obligations.The Forum, established by the International Federation of Accountants (IFAC), released on January 30,... AG IP NewsGold Rising as Equities Tumble; But Where`s It Heading? The Sun submits: In case you didn’t notice, the bullion has quietly made a comeback as stocks fell. On Friday, spot gold surged $22.20 (2.4%) to reach $927.20 an ounce, the six-month high (click to enlarge the following chart from Market Club), after a government report showed that GDP contracted at an annual rate of 3.8% in the last quarter of 2008, the most in 27 years, after a 0.5% decline in the third quarter. The two consecutive quarters of negative GDP growth also marks the official start of a recession, even though economists have long declared that the recession actually began in December 2007. Complete Story » Seeking AlphaWith interest rates low, bankers report a renewed interest in mortgage ‘refis’ Chuck Weber—here with his fiancée Erin Lynch—plans to refinance the Altamont home he bought less than two years ago. He’s not alone. As mortgage rates hit their lowest levels... Big News NetworkVolcano erupts near Tokyo raining ash down on parts of the city TOKYO - A snowcapped volcano northwest of Tokyo erupted early Monday, sending up a huge plume of smoke and gas and raining fine, powdery ash on parts of Japan's capital. There were no reports of ... Big News NetworkBloody Week Looms For Japan Inc. After Hitachi's shock warning of a $7.8B loss, a slew of manufacturers are expected to report wider than forecast losses. Forbes1 2 |
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