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Last updated: 06:40:46 Thursday Nov 12, 2009


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  • Wal-Mart posts 3 percent rise in profit for 3Q
    NEW YORK - Wal-Mart Stores Inc. posted a 3.2 percent increase in third-quarter profit, helped by cost-cutting measures like slashing inventories, and raised its full-year earnings outlook.   Source:(AP)   2009-11-12

    Gazprom profits plunge 49.8%
    MOSCOW (AFP) - Russian energy giant Gazprom, the world's biggest gas firm, said on Monday that net profit plunged 49.8 percent in the first half of 2009 compared to the figure 12 months earlier owing to higher expenses.   Nations:Russia   Source:(AFP)   2009-11-09

    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

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