Economic and Finance
MONTREAL–National Bank Financial Group saw its profits and revenue rise in the fourth quarter despite the recessionary economy.
The Montreal-based bank reported net income […]
Filed under: money by Fred
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Australia’s services industry grew in November at a slower pace as companies reported weaker sales and new orders.
The performance of services index fell […]
Filed under: money by Fred
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U.S. credit card companies are targeting affluent consumers in a resurgence of marketing campaigns, as they recover from massive defaults by subprime borrowers in […]
Filed under: business by Fred
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As millions of Americans struggle to hold on to their homes, Wall Street has found a way to make money from the mortgage mess.
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Filed under: finance by Fred
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General America policyholders to get payments — More than 300,000 current and former policyholders of General American Life Insurance Co. will be receiving a […]
Filed under: online by Fred
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China said on Wednesday it will consider major currencies in guiding the yuan, suggesting a departure from an effective dollar peg that has been […]
Filed under: technology by Fred
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CVS Caremark Corp said its pharmacy benefits management business lost $4.8 billion in contracts heading into next year and will not meet its targets […]
Filed under: technology by Fred
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Home equity lenders faced with losses from the U.S. property slump are holding out for more money in distressed sales, slowing transactions needed to […]
Filed under: legal by Fred
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Diversified U.S. manufacturer United Technologies Corp is now the favorite in the bidding for General Electric Co’s security business, Bloomberg reported, citing a person […]
Filed under: legal by Fred
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Hedge fund firm Galleon Group said it is winding down its funds, less than a week after its founder was arrested and charged with […]
Filed under: economics by Fred
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