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BNP Paribas profits boosted by Fortis BNP Paribas, France's biggest bank by market capitalisation, posted a 6.6 per cent rise in second-quarter net profit as its acquisition of Fortis assets boosted earnings FTInvestor wealth soars Rs 77 lkh as Sensex scales 14-month high NEW DELHI: Investors wealth swelled by nearly Rs 77 lakh today as the Sensex, boosted by strong corporate earnings and positive global cues, surged to a 14-month high of 15,924.23 points. The to... Big News NetworkVulcan Materials Q2 Profit Plunges 84%; Cuts FY09 EPS Outlook - Update Vulcan Materials Co., the largest U.S. producer of construction aggregates, Monday reported an 84% fall in profit for the second quarter from last year, hurt by the decline in demand for construction materials amid the economic slowdown. Aggregates shipments for the quarter declined 31% from the prior year due to weak demand and wet weather. The company lowered its fiscal year 2009 earnings outlook, citing further weakness in private construction activity. RTT NewsSensex to hit 17,000 by mid-2010, says Credit Suisse MUMBAI: Financial services provider Credit Suisse today said the Bombay Stock Exchange index Sensex will touch the 17,000-point level by mid-2010, revising upwards its earlier forecast of 13,500 po... Big News NetworkEurope`s Stocks Open MixedWall Street Journal European markets slip after mixed earnings European stock markets fell Tuesday ahead of an expected lower opening in the U.S. as mixed corporate earnings led some investors to book profits from recent market highs. The FTSE 100 index of leading British shares, which closed Monday at its highest level... Sponsored Topics: Asia - Wall Street - Business - S&P 500 - Investing SF GateAfter Hours: Principal Financial shares slip in late trades Principal Financial Group shares slipped Monday evening after the company's quarterly revenue came in below the expectations of Wall Street analysts, while shares of Pulte Homes Inc. Topix.netFACTBOX-Tie-ups between private equity, Taiwan firms TAIPEI, Aug 4 (Reuters) - Global private equity firms may find a window of opportunity to invest in Taiwan's financial firms as they can plan an exit strategy by selling their stakes to Chinese companies once the island's regulations allow. ReutersXstrata H1 EPS down 77 percent LONDON (Reuters) - Miner Xstrata posted a 77 percent drop in adjusted earnings per share on Tuesday and repeated its arguments for a 'merger of equals' with rival Anglo American. Big News NetworkGeithner Vents as Overhaul Stumbles Treasury Secretary Geithner blasted top U.S. financial regulators in a tirade, as frustration grows over a White House plan for regulatory overhaul. Wall Street Journal1 2 |
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