MUMBAI: Equities were under pressure Friday bogged down by rising oil prices and inflationary concerns. Global cues were not supportive either. Oil & gas counters, banks and realty were hammere…
May
12
NEW YORK (MarketWatch) — Crude-oil futures blitzed past the $125 a barrel mark Friday, rallying to a record high of $125.98, pushed higher by weakness in the U.S. dollar and concerns over supply disr…
May
12
) said Friday that its first-quarter net income fell 84% to $7.3 million, or 3 cents a share, from $46.6 million, or 20 cents, a year earlier. Excluding items, non-GAAP earnings for the latest perio…
May
12
) said it's going to spend 520 million pounds ($1.01 billion) between 2009 and 2013 to renovate the St. James's Gate brewery and construct a new multi-product brewery close to Dublin. It will close …
May
12
The London market was knocked back today as oil continued its record run and investors braced themselves for big losses on Wall Street.Banks were among the main losers as the FTSE 100 Index mirrored f…
May
12
falling for a second day in a row, led by financials after U.S. insurer AIG (AIG.N: Quote, Profile, Research) posted a $7.8 billion quarterly loss, hit by bad credit-related investments. European car …
May
12
LONDON (MarketWatch) - U.K. stocks dropped on Friday, with banks under pressure as American International Group's hefty loss eroded the view that the worst of the credit crisis was in the past, though…
May
12
will be in focus after a person familiar with the situation told Reuters the bank will present plans to sell as much as $400 billion of assets when it meets with investors and analysts on Friday. Citi…
May
12
(Editor's note: This column marks the return of Myra P. Saefong's Commodities Corner after a six-month absence. It will continue to run each week on Fridays).
May
12
WASHINGTON — The U.S. Securities and Exchange Commission is scrutinizing the liquidity of investment banks it supervises and is planning to require the top Wall Street firms to publicly disclose thei…