Reuters – Toyota Motor Corp (7203.T) is likely to have secured a group operating profit of about 100 billion yen ($1.1 billion) in April-June, thanks to solid sales and a sharp recovery from the previous year’s loss, the Nikkei business daily said on Sunday.
Read More Toyota to post Q1 operating profit Y100 billion Nikkei
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Posted in Blog | Tagged billion, nikkei, operating, post, profit, q1, reuters, to, toyota, y100
Reuters – General Motors Co said on Thursday it would buy auto finance company AmeriCredit Corp for $3.5 billion in a cash deal aimed at boosting sales and removing an investor concern before a planned stock offering.
Read More GM to buy AmeriCredit for 35 billion
Reuters
Posted in Blog | Tagged 35, americredit, billion, buy, for, gm, reuters, to
AP – Greece on Tuesday successfully raised euro1.25 billion ($1.6 billion) in its first debt auction since receiving international bailout loans. Read More Greece raises 16 billion in debt auction
AP
Posted in Blog | Tagged 16, ap, Auction, billion, debt, greece, in, raises
AP – BP’s costs for the disastrous Gulf of Mexico oil spill climbed nearly half a billion dollars in the past week, raising the oil giant’s tab to just over $3 billion for work on cleaning and capping the gusher and payouts to individuals, businesses and governments.
Read More BP costs for oil spill response [...]
Posted in Blog | Tagged 3, ap, billion, bp, costs, for, oil, pass, response, spill
51 Billion Dollars and rising! Sounds like a company a wise investor should invest in. After all, having a piece of a 51 billion dollar industry is an exciting prospect, filled with anticipation for the future right? Not this time. This industry takes away any hope for the future. Any promise [...]
Posted in Blog | Tagged 51, billion, dollar, industry
Reuters – Though Texas kept the top credit rating from Moody’s Investors Service, the state’s next two-year deficit could soar to between $11 billion and $18 billion, depending on how long the revenue-slashing recession drags on, the credit agency said on Friday. Read More Texas twoyear deficit may hit 18 billion Moodys
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Posted in Blog | Tagged 18, billion, deficit, hit, may, moodys, reuters, texas, twoyear
Reuters – UK insurer Prudential has abandoned its plan to buy AIG’s Asian life unit for $35.5 billion, leaving management under fire and the company facing a $659 million bill for failure.
Read More Prudential ends 355 billion Asian takeover bid
Reuters
Posted in Blog | Tagged 355, asian, bid, billion, ends, prudential, reuters, takeover
Reuters – Greece received a 14.5-billion euro ($17.9 billion) emergency loan from the European Union on Tuesday and will use some of the money to fully repay an 8.5-billion euro bond maturing the next day, officials said. Read More Greece gets 179 billion EU aid, to repay bond
Reuters
Posted in Blog | Tagged 179, aid, billion, Bond, eu, gets, greece, repay, reuters, to
AP – The U.S. trade deficit rose to a 15-month high as rising oil prices pushed crude oil imports to the highest level since the fall of 2008, offsetting another strong gain in exports. The larger deficit is evidence of a rebounding U.S. economy.
Read More Trade deficit increases to 404 billion in March
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Posted in Blog | Tagged 404, ap, billion, deficit, in, increases, march, to, trade