Brewer InBev reported a worse-than-expected 11% fall in first-quarter net profit, as lower beer sales in Brazil and higher raw-materials costs pinched the company’s margins.
Posted on May 8th, 2008 by
Filed under: stock news | No Comments »
Deutsche Telekom said its first-quarter net income more than doubled as it reaped the benefit of selling its media and broadcast unit.
Posted on May 8th, 2008 by
Filed under: stock news | No Comments »
AIG plans to raise $12.5 billion in capital after posting its second straight steep quarterly loss. The insurance giant took $9.11 billion in charges on its credit-default swaps and recorded $6.09 billion of investment losses.
Sphere: Related Content
Posted on May 8th, 2008 by
Filed under: stock news | No Comments »
Bond insurers Security Capital Assurance and Assured Guaranty both reported first-quarter losses amid the credit crunch, which has shrunk the value of many mortgage-backed securities they insured.
Posted on May 8th, 2008 by
Filed under: stock news | No Comments »
In another sign it has “moved on” from Yahoo (at least for now), Microsoft has released members of its potential proxy board slate from their obligations, The Wall Street Journal reports. …
Sphere: Related Content
Posted on May 8th, 2008 by
Filed under: stock news | No Comments »
From Silicon Alley Insider, May 8, 2008:How’s RIM’s iPhone-killer BlackBerry 9000? Not bad! So says Kevin Michaluk of CrackBerry.com, who managed to get his paws on a way-before-release test unit from eBay.
Kevin’s in the process of posting a multi-part,
Sphere: Related Content
Posted on May 8th, 2008 by
Filed under: stock news | No Comments »
Peter Burrows wrote a popular and, as always with Apple, controversial BusinessWeek cover story about Apple’s gains in the corporate world. Never mind, its utter lack of trying. He joined me to talk about the story, how this plays in the Mac’s overall mar
Sphere: Related Content
Posted on May 8th, 2008 by
Filed under: stock news | No Comments »
When the credit crunch put an end to the private equity buyout binge, the bulls pinned their hopes on more deals by strategic buyers.But the M&A boom appears to be heading in reverse, which is a big reason to “sell in May and go away,” accor
Sphere: Related Content
Posted on May 8th, 2008 by
Filed under: stock news | No Comments »
