Aetna Posts 2Q Beat, Boosts FY Outlook
Aetna Inc, the third-largest U.S. health insurer, posted better-than-expected quarterly results, helped by higher underwriting margins, and lifted its full-year guidance.
European Shares Wobble; Central Banks Eyed
European shares wavered on Tuesday, with traders taking caution ahead two major central bank decisions due later in the week.
EARNINGS FORECAST TABLE: BNP Paribas 2Q 2012
The following is a summary of analysts' forecasts for BNP Paribas SA (BNP.FR) second-quarter results, based on a poll of three analysts conducted by Dow Jones Newswires (figures in million euros, dividend and target price in euro, according to IFRS).
BP: TAP, Nabucco West Decision Will Be Based On Best Tariff Level
A final decision on which pipeline will transport Caspian natural gas from the giant BP PLC (BP.LN)-led Shah Deniz offshore project to Western Europe will be based on which of the two mooted routes offers the best tariff level, BP Chief Executive Bob Dudley said Tuesday.
Pfizer 2Q Results Top Street View
Pfizer revealed an adjusted second-quarter profit of 62 cents a share on sales of $15.1 billion, topping analyst estimates of 54 cents a share on $14.9 billion.
Brazil's Bank Itau Unibanco Raises $1.25 Billion From Bonds Issue
Brazil's second-largest bank by assets, Itau Unibanco Holding SA (ITUB), raised a total of $1.25 billion from an overseas bonds issue, a person close to the transaction said Tuesday.
India Eastern Coalfields Executive: 200 Miners Stuck in East Coal Mine, But in No Danger
Around 200 miners are stuck in a coal mine in eastern India because an elevator that takes people in and out of the pit has stopped working due to the failure of the eastern power grid, an Eastern Coalfields Ltd. executive said Tuesday.
GE Capital Inks Deal with CIFC; Receives 4.9 Million in Cash and One Million Shares
GE Capital Corp. and asset manager CIFC Corp. (DFR) have inked an agreement to explore business opportunities and facilitate third-party investment advisory referrals.
Facebook Debacle Weighs on UBS Bottom Line in 2Q
UBS posted an unexpected slump in its second-quarter profits, hit by a big trading loss on the botched Facebook stock market debut and a drop in its investment banking revenue.
AmBev Net Rises 6.6% on Higher Beer Sales Volume
Brazilian brewer Companhia de Bebidas das Americas (ABV), or AmBev, on Tuesday reported a rise of 6.6% in its second-quarter net profit, helped by sales of more beer and soft drinks.