Buffett not immune to derivative troubles (BRK-A)
If you are a Berkshire Hathaway Inc. (NYSE: BRKA) shareholder right now, you might be questioning just how well you knew Mr. Warren Buffett after
Wed, 19 Nov 2008 09:53:00 -0600
Investerms.com
Sysco Faces Tough Economic Headwinds
SYSCO Corporation (NYSE: SYY) shares moved higher in early trading despite receiving a negative recommendation by CNBC's Jim Cramer on his Mad Money Lightning Round.
Wed, 19 Nov 2008 03:53:00 -0600
Investerms.com
Philips Offers a High Dividend, but is It Recession-Proof?
Koninklijke Philips Electronics NV (NYSE: PHG) shares opened lower despite a positive recommendation by CNBC's Jim Cramer on his Mad Money Lightning Round. The hedge
Wed, 19 Nov 2008 03:41:00 -0600
Investerms.com
Just How Safe is Cummins?
Cummins Inc. (NYSE: CMI) shares opened lower after CNBC's Jim Cramer offered a negative view on his Mad Money Lightning Round. The hedge fund manager
Wed, 19 Nov 2008 03:23:00 -0600
Investerms.com
Intuit's Q1 is never great, but could still beat expectations
Financial management solution company Intuit Inc. (NYSE: INTU), best known for its Quicken and TurboTax software, is set to announce its first quarter results tomorrow.
Tue, 18 Nov 2008 09:57:00 -0600
Investerms.com
A rogue system with lax limits on risk-taking
In this crisis, whatever turns out to have occurred at Caisse d'Epargne, companies and banks bear responsibility, writes John Gapper...
10/23/2008 7:29:30 PM
FT.com - John Gapper
French bank hit by €600m rogue trading scandal
France's favourite savings bank admitted yesterday that it had suffered a €600m (£470m) loss caused by rogue trading in the futures market in a scandal that is eerily reminiscent of the €5bn Kerviel affair that rocked the country earlier this year....
10/17/2008 11:00:01 PM
The Independent - Business News RSS Feed
Starwatch Consumer: Nissan recall
Nissan Motor Co. is recalling 204,361 Nissan and Infiniti cars and sport utility vehicles in the U.S. to repair an electrical flaw that may prevent the front-passenger air bag from deploying. The voluntary recall affects 2007 and 2008 model-year Nissan Altima, 350Z and Infiniti G35 and G37 cars, and Nissan Murano, Rogue and Infiniti EX35 SUVs, according to the National Highway Traffic Safety Administration....
10/16/2008 3:30:00 AM
Kansas City Star: Business
Business news in brief
Nissan Motor Co. is recalling 200,000 vehicles to fix a sensor system that could affect the car's passenger side air bag. The recall involves 140,000 Altimas from the 2007-2008 model years and 2007-2008 Infiniti models EX35, G35 Sedan, G37, as wells as the 350Z, Murano and Rogue....
10/16/2008 3:23:39 AM
Business News
Recall: Nissan cars might not deploy air bags
Nissan is recalling more than 200,000 vehicles to fix a sensor system that could affect the car’s passenger-side air bag.Nissan says the recall includes 140,000 Nissan Altima cars from the 2007-2008 model years. It also involves 2007-2008 model years of the Infiniti EX35, G35 Sedan, G37 and the Nissan 350Z, Murano and Rogue.The Japanese automaker said Wednesday an issue with an electronic component could interrupt a signal in the sensor system. That interruption could prevent the p...
10/16/2008 1:34:00 AM
TheState.com: Business
Rogue trader takes NZ billionaire's bank for $US10m
A $US10 million rogue trader scandal has erupted in the Russian banking empire set up by Kiwi expat billionaire Stephen Jennings.
The Bloomberg news agency says rogue trader Anton Stenin has taken Renaissasnce Capital for US$10m......
10/15/2008 1:30:28 PM
New Zealand Herald - Business
Renaissance Capital loses on rogue trading
Expatriate billionaire Stephen Jennings’ investment bank, Renaissance Capital, has become the latest bank to lose on bets placed by a rogue trader.
A Renaissance Capital spokesman confirmed to Bloomberg that the Russian bank lost $US10 million on the unauthorised trading.
The trading, for one of the bank’s clients, surpassed set limits and was quickly detected by internal controls.
The client had encouraged the trader to violate the risk limits but then...
10/14/2008 10:23:34 AM
National Business Review (NBR) New Zealand - Business, News, Arts, Media, Share Market & More -
Russia's Renaissance Loses $10 Billion in Rogue Trade
An equities trader at Renaissance Capital, a Russian investment bank, lost the company about $10 million by placing unauthorized bets on the stock market just as it collapsed, the bank said Monday....
10/13/2008 9:19:26 PM
DealBook
Russian Bank Loses $10 Million in Rogue Trade
An equities trader at the Russian investment bank Renaissance Capital lost the company about $10 million by placing unauthorized bets on the stock market just as it collapsed....
10/13/2008 6:59:22 PM
NYT > World Business
Bear Markets Take No Prisoners
) or any of the rest of the rogues' gallery of value traps that lured in adventurous investors throughout the meltdown. Axiomatically, cash reserves help in down markets, but cash is a double-edged s......
10/12/2008 6:49:24 PM
US Business News latest RSS headlines - St Louis Star.com
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