View video and Need to Know interactive heatmap Economics Public finances: Official figures showed that public borrowing ballooned by a further......
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About Financial Services Industry
The financial industry meltdown has been the worst since the great depression. BNET Financial provides daily industry trends and news coverage with insights for managers and executives about the major financial services companies in the banking and finance sector. In addition to detailed company profiles, we bring you industry analysis on new mergers, partnerships, financial products, rates, investments, capital, and a host of other critical factors of success in the finance business.
Web Buzz:
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Ericsson profits hit by downturn
BBC - 32 days 19 hours 31 minutes ago
Swedish telecoms equipment maker Ericsson is blaming the global financial crisis for a 71.5% fall in third-quarter profits. The company reported a...
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Adecco dips after credit rating queried
Financial Times - 34 days 7 hours 22 minutes ago
Shares in Adecco fell on Tuesday as the employment group’s long-term credit rating was called into question after it agreed to buy a US rival....
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Dow Chemical net spikes, but sales drop
Reuters -
32 days 15 hours 21 minutes ago
By Ernest Scheyder NEW YORK (Reuters) - Dow Chemical Co (DOW.N) said on Thursday its third-quarter net income jumped 66 percent to beat Wall...
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DuPont profits top Wall St view, but revenue lags
Reuters -
34 days 15 hours 41 minutes ago
By Ernest Scheyder NEW YORK (Reuters) - Chemical maker DuPont (DD.N) posted a higher-than-expected 11 percent jump in third-quarter profit on...
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Xstrata coal up, copper down
The Australian - 34 days 13 hours 12 minutes ago
ANGLO-SWISS miner Xstrata has reported a 8.9 per cent rise in third-quarter coal output, but a 14.7 per cent fall in copper cathode production...
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US shares fall on new house slump
Times Online - 34 days 10 hours 14 minutes ago
Worse-than-expected economic data offset strong results from corporate bellwether's including Caterpillar, the world's largest maker of heavy...
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BlackRock quarterly earnings rise 46%
Business Spectator - 34 days 11 hours 45 minutes ago
By Ross Kerber of Reuters BOSTON - Asset manager BlackRock Inc reported quarterly earnings rose a stronger than forecast 46 per cent as more...
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Steelmakers feel effect of fall in demand
Outokumpu Oyj and Rautaruukki Oyj, Finland’s two biggest steelmakers, both fell about 8 per cent on Thursday after a slowdown in the construction...
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Need to know: Iberia cost cuts ... Havas sales down ... Novartis profits up ...
View video and Need to Know interactive heatmap Economics Economic outlook: Britain faces the risk of anaemic economic growth as it comes out of...
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Analysts taken by surprise as Ericsson reports plunge in revenues
Ericsson, the Swedish telecoms equipment group, has suffered a collapse in revenue in the third quarter due to a slowdown in emerging markets and a...
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