Friday, February 1, 2013

FOXBusiness.com: Spanish Banks' Earnings Hit by Cleanup

FOXBusiness.com
FOX Business Network - The Power to Prosper
Spanish Banks' Earnings Hit by Cleanup
Feb 1st 2013, 13:15

Earnings from three Spanish banks were dragged down on Friday after they were forced to set aside cash to cover potential real-estate losses, with two big banks recording steep falls in profit and a midsize lender posting a record loss.

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FOXBusiness.com: Chrysler posts highest January sales since 2008

FOXBusiness.com
FOX Business Network - The Power to Prosper
Chrysler posts highest January sales since 2008
Feb 1st 2013, 14:11

Chrysler Group LLC said January car sales of 117,731 were the best since 2008 and projected industry sales during the month grew at an annual rate of 15.

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FOXBusiness.com: Exxon's quarterly profit rises 6 percent

FOXBusiness.com
FOX Business Network - The Power to Prosper
Exxon's quarterly profit rises 6 percent
Feb 1st 2013, 14:14

Exxon Mobil Corp , the world's largest publicly traded oil company, on Friday reported a 6 percent increase in quarterly profit, partly due to higher refining margins.

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FOXBusiness.com: Legg Mason interim CEO expects permanent CEO soon

FOXBusiness.com
FOX Business Network - The Power to Prosper
Legg Mason interim CEO expects permanent CEO soon
Feb 1st 2013, 14:16

Legg Mason Inc interim Chief Executive Joseph Sullivan said investors should expect the company to name a new chief executive "in the not too distant future.

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FOXBusiness.com: Legg Mason swings to loss on asset writedowns

FOXBusiness.com
FOX Business Network - The Power to Prosper
Legg Mason swings to loss on asset writedowns
Feb 1st 2013, 14:16

Asset manager Legg Mason Inc said on Friday it swung to a quarterly loss due to charges for impaired assets, and reported continued outflows from its equity and bond funds.

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FOXBusiness.com: Merck beats forecast for fourth quarter, cautious on 2013

FOXBusiness.com
FOX Business Network - The Power to Prosper
Merck beats forecast for fourth quarter, cautious on 2013
Feb 1st 2013, 14:07

Merck & Co Inc's quarterly results beat estimates, helped by strong sales of its Januvia diabetes drug and Gardasil vaccine against cervical cancer, but the company forecast 2013 profit at the low end of expectations.

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Thursday, January 31, 2013

FOXBusiness.com: Turquoise Hill Resources: Oyu Tolgoi Produces First Concentrate

FOXBusiness.com
FOX Business Network - The Power to Prosper
Turquoise Hill Resources: Oyu Tolgoi Produces First Concentrate
Jan 31st 2013, 18:00

Canada-listed Turquoise Hill Resources Ltd. (TRQ.T), majority owner of the massive Mongolian Oyu Tolgoi copper and gold project, said Thursday that the project has produced its first concentrate, putting it on track to start commercial production within three to five months.

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