Reuters – Shares in bailed-out insurer American International Group Inc hit a 17-month low on Friday, as analysts said that the company’s earnings were still complicated and that it warranted a discount to peers.
Reuters – Former Goldman Sachs Group Inc director Rajat Gupta and the U.S.
AP – Satellite TV provider DirecTV Group Inc. said Thursday that its net income in the second quarter increased 29 percent as its subscriber base grew, especially in Latin America.
AP – Lloyds Banking Group PLC slid to a first-half loss on the back of a big charge related to the mis-selling of products to customers and to a writedown of Irish assets.
AP – Lloyds Banking Group PLC slid to a first-half loss on the back of a big charge related to the mis-selling of products to customers and to a writedown of Irish assets.
AP – ANA Group, Japan’s largest airline, reported an 8.4 billion yen ($108 million) quarterly loss as travel declined after the earthquake in northeastern Japan.
AP – Credit Suisse Group announced fresh job cuts Thursday after posting steeply lower second-quarter net profits of 768 million Swiss francs ($959 million), battered by a strong currency and a plunge in trading.
AP – Credit Suisse Group announced fresh job cuts Thursday after posting steeply lower second-quarter net profits of 768 million Swiss francs ($959 million), battered by a strong currency and a plunge in trading.
AP – Credit Suisse Group announced fresh job cuts Thursday after posting steeply lower second-quarter net profits of 768 million Swiss francs ($959 million), battered by a strong currency and a plunge in trading.
Investor’s Business Daily – The SEC is worried about the group discount site’s accounting and may extend its pre-IPO review, sources told CNBC. As a result, Groupon, which filed in June to go public, is targeting an IPO in mid- to late-Sept.
