American Express second quarter profit falls
Posted by Financial Service News on July 23rd, 2009A sign showing the American Express logo is seen outside of a bank November 11, 2008 in Des Plaines, Illinois.
A sign showing the American Express logo is seen outside of a bank November 11, 2008 in Des Plaines, Illinois.
Two of the world's biggest cigarette makers reported Thursday that they emerged from the second quarter in better shape than analysts expected, having raised prices and cut costs to offset falling demand in the U.S. and Europe and to cope with a new tax in the U.S. Philip Morris International Inc., which sells Marlboros and other cigarettes ...
Fifth Third Bancorp posted a profit for the second quarter, thanks to a $1.1 billion gain from the sale of controlling interest in its processing business.
McDonald's Corp. said Thursday the stronger dollar and a gain that boosted results a year ago led its second-quarter profit to dip 8 percent.
Jul 23 - As German carmaker Porsche bosses step down, Credit Suisse, Compass and Kingfisher boast profits.
The Dow Jones industrials are back above 9,000 for the first time since the beginning of January.
PNC Financial Services Group Inc. says its second-quarter profit dropped 87 percent largely because of an FDIC assessment and the continued cost of integrating Cleveland-based National City Corp.
07/23/09 The stories,data, and stocks that may have the greatest impact during the next trading session.
Credit Suisse Group AG , the biggest Swiss bank by market value, said second-quarter profit rose 29 percent as revenue from trading stocks and bonds doubled.
The Bombay Stock Exchange benchmark Sensex on Thursday regained 15,000 points-level by rising over 255 points in opening trade on fresh capital inflows by foreign funds largely in tandem with firming trend in other Asian equity markets amid encouraging quarterly earnings.
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