Stock markets - world
Windows 7 boosts Microsoft's 2Q profit by 60 per cent to $6.66 billion
30 Jan 2010
Microsoft registered 60 per cent jump in profit in the second-quarter ended December, thanks to deferred revenue tied to the latest version of its flagship product, the Windows 7 operating system
AstraZeneca reports profit, cuts 8,000 jobs to cut costs
29 Jan 2010
Despite a $10.8 billion pre-tax profit, the Anglo-Swedish pharma major is cutting 8,000 more jobs over the next four years to cope with revenue decline due to post-patent expiry competition from generic producers
Ford reports $2.7 billion profit for 2009
28 Jan 2010
The Ford Motor Company has not only announced its first full year profits since 2005, but has also increased home market share for the first time since 1995.
Russia’s Rusal raises $2.24 billion in Hong Kong IPO
25 Jan 2010
In the first ever share offering by a Russian company in Asia, the world’s largest producer of aluminium and alumina, Rusal has raised $2.24 billion through an initial public offering in Hong Kong
Goldman Sachs's Q4 net up record $4.95 billion
22 Jan 2010
For the full year, the bank had net profits of $13.39 billion, up from $2.32 billion in the previous year.
Chase reports $11.7 billion profit in 2009
16 Jan 2010
Rusal to raise up to $2.6 billion in IPO
31 Dec 2009
Rusal, which holds an 11 per cent global market share in aluminium and a massive debt of $14.9 billion, plans to pay part of the debt from the IPO proceeds.
Buffet trims stake in Moody’s
23 Dec 2009
Dubai Financial Markets to buy rival Nasdaq Dubai for $121 million
22 Dec 2009
DFM will pay $102 million in cash and 40 million shares to Borse Dubai and Nasdaq OMX Group, the joint owners of Nasdaq Dubai.
India gains $800mn on IMF gold deal
27 Nov 2009
The RBI may have benefited by as much as $800 million on its investment of over $6.7 billion for the purchase of about 200 tons of gold from the IMF, thanks to record prices.