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Last updated: 12:37:59 Friday Nov 6, 2009


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  • Blackstone profit tops view; sees more deals ahead
    NEW YORK (Reuters) - Private equity firm Blackstone Group LP (BX.N) posted a forecast-beating quarterly profit on Friday and said it is gearing up for more deals and IPOs as the lending and equity markets recover.   Nations:Canada   Source:(Reuters)   2009-11-06

    Ford turns a profit, reaping rewards of turnaround
    DEARBORN, Mich. - One of the troubled Detroit Three automakers, Ford, is making money again and looking for better times in no more than two years.   Nations:U.S.   People:Alan Mulally   Source:(AP)   2009-11-02

    Germany's Commerzbank takes heavy loss, warns of more
    FRANKFURT (AFP) - Germany's second biggest bank, Commerzbank, posted a worse-than-expected third-quarter net loss Monday of 1.05 billion euros (1.56 billion dollars) due to group restructuring costs and writedowns.   Source:(AFP)   2009-11-02

    Ford post surprise earnings, sees solid profit by 2011
    CHICAGO (AFP) - Ford Motor Co. on Monday posted surprise earnings of nearly a billion dollars in the third quarter and said it was on track to become "solidly profitable" by 2011 after years of painful losses.   People:Alan Mulally   Source:(AFP)   2009-11-02

    Chevron profit hit by oil, refinery weakness
    NEW YORK/SAN FRANCISCO (Reuters) - Chevron Corp (CVX.N) posted a 51 percent drop in quarterly profit on Friday, becoming the latest oil major to be hit by the steep decline in oil and natural gas prices and anemic margins at refineries.   Nations:Nigeria U.S. Mexico   Source:(Reuters)   2009-10-30

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