Capital One: Most Parents See Economy Affecting Back-to-School Shopping Plans
A majority of parents said current economic conditions will affect their back-to-school shopping plans, according to a survey by Capital One Financial Corp. (COF).
Porsche Automobil Holding SE Profit up in First Half
German holding company Porsche Automobil Holding SE (PAH3.XE) said Tuesday profit increased considerably in the first six months of 2012, primarily due to the profit from investments accounted for at equity.
Auxilium Swings to First Quarterly Profit as Revenue Grows
Auxilium Pharmaceuticals Inc. (AUXL) posted its first profitable period in the second quarter as the specialty biopharmaceutical company saw double-digit revenue growth.
EU Sends Visa Fresh Objections on Credit Card Fees
The European Union's antitrust regulators sent fresh objections to Visa Europe about some fees it charges for use of its credit cards, arguing that the fees hurt competition and increase prices, the European Commission said Tuesday.
Deutsche Bank to Slash 1,900 Jobs as Profit Falls
Deutsche Bank (NYSE:DB) said it will axe 1,900 jobs as part of ongoing restructuring efforts that it hopes will slash about 3 billion euros ($3.67 billion) from its annual bill and stem bleeding profits. The additional job cuts, which come on top of hundreds announced since last year, are in
Aetna Reports Lower Earnings, But Boosts Full-Year View
Aetna Inc.'s (AET) second-quarter earnings fell 15% because of a smaller benefit from surplus money set aside to cover earlier patient claims, but the managed-care company still topped Wall Street expectations.
Ecolab 2nd-Quarter Profit Up 47% on Record Revenue
Ecolab Inc.'s (ECL) second-quarter earnings rose 47% as the company booked record sales from the impact of last year's Nalco Holding Co. acquisition.
S&P Case-Shiller: U.S. Home Prices Rise 2.2% in May
U.S. home prices rose during May--the second straight month of improvement after a long streak of declines, according to Standard & Poor's Case-Shiller home-price indexes.
Marathon Oil Sells Part of Kurdistan Stake to Total
Marathon Oil Corp. (MRO) has sold part of its stake in two blocks in the Kurdistan region of Iraq to Total S.A.