GO
Loading...

Enter multiple symbols separated by commas

Search results for "BLN"

REFINE RESULTS

SEARCH RESULTS

About 306 results. Sort By: Date | Relevance
Merchants seek to void $6 bln Visa, MasterCard, AmEx settlements

NEW YORK, July 29- Dozens of retailers are seeking to void nearly $6 billion of U.S. antitrust settlements with Visa Inc, MasterCard Inc and American Express Co after learning that opposing lawyers exchanged confidential information, potentially tainting the accords. A group of retailers filed papers that remain under seal in the Brooklyn, New York federal...
Source: Reuters | By: Jonathan Stempel
RPT-UPDATE 3-Higher incentives, strong dollar weigh on MasterCard's revenue

July 29- MasterCard Inc, the operator of the world's second largest payment network, reported lower-than-expected quarterly revenue as it offered more rebates and incentives to win deals. MasterCard's shares, however, rose 2 percent in afternoon trading, reversing course, after some analysts said the company's underlying fundamentals were strong.
Source: Reuters | By: Sudarshan Varadhan
PREVIEW-Brazil's Vale back to profit after three losses in a row

RIO DE JANEIRO, July 29- Brazilian miner Vale SA will likely announce its first profit in a year when it publishes second-quarter results on Thursday, bolstered by a recovery in iron ore prices during the period, a survey of analysts showed. The price of iron ore has halved over the past 12 months, touching its lowest level in over a decade, as supply from new mines...
Source: Reuters | By: Marta Nogueira and Stephen Eisenhammer
UPDATE 2-Higher incentives, strong dollar weigh on MasterCard's revenue

July 29- MasterCard Inc, the operator of the world's second largest payment network, reported lower-than-expected quarterly revenue as it offered more rebates and incentives to win deals. MasterCard was also hurt by a strong dollar as markets outside the United States account for nearly 60 percent of its purchase volumes. Mastercard usually pays higher...
Source: Reuters | By: Sudarshan Varadhan
UPDATE 3-Barclays to speed up cost-cuts and asset sales

LONDON, July 29- Barclays' new chairman sought to stamp his mark on the bank on Wednesday by accelerating the sale of assets and cost cutting after the group produced a 12 percent increase in second-quarter profits. Chairman John McFarlane, who arrived at Barclays in April with a reputation for taking bold action, laid out his plans for the bank after ousting Chief...
Source: Reuters | By: Steve Slater and Matt Scuffham
Ukraine wants to use U.S. guarantees to borrow $1 bln in November

KIEV, July 29- Heavily indebted Ukraine may borrow $1 billion in November via a new sale of U.S.-backed bonds, part of a broader international support package Kiev expects to receive by the end of the year. Washington announced earlier this year that it could provide up $2 billion in loan guarantees to near-bankrupt Ukraine. Kiev used the first tranche of the...
Source: Reuters
UPDATE 2-India's Vedanta looks to restart Goa mines by October

*Says to restart Goa mines by October. MUMBAI, July 29- India's Vedanta Ltd said on Wednesday it expected to restart iron ore mining by October in top exporting Goa province and that talks were continuing with regulators for merging with its cash-rich unit Cairn India. Chief Executive Tom Albanese said on a conference call Vedanta was hoping to get approvals as...
Source: Reuters | By: Aman Shah
UPDATE 1-Saudi Telecom Q2 net profit falls 8.7 pct, misses estimates

*Q2 net profit 2.56 bln riyals vs 2.80 bln riyals a yr ago. The firm, which competes domestically with Etihad Etisalat and Zain Saudi, made a net profit of 2.56 billion riyals in the three months to June 30, down from 2.80 billion riyals in the prior-year period, according to a bourse statement. Analysts polled by Reuters had on average forecast STC, which owns stakes in...
Source: Reuters | By: Matt Smith
UPDATE 1-India's Vedanta reports $136 mln Q1 profit, looks to restart Goa mines

Says to restart Goa mines after monsoons. MUMBAI, July 29- India's Vedanta Ltd said on Wednesday its quarterly profit more than doubled from a year-ago comparison weighed down by a one-time charge, and that it was on track to restart mining in key producing state Goa after monsoons. "We continue to focus on improving efficiency, costs, and enhancing production...
Source: Reuters
UPDATE 1-GM to invest $1 bln in India, plans to double market share by 2020

*To launch 10 new India- made vehicles over next 5 years. NEW DELHI, July 29- General Motors Co will invest $1 billion in the next few years to turn operations in India into a new global export hub aimed at boosting sales in fast-growing emerging markets, top executives said on Wednesday. But by 2020 analysts expect India to become the world's third-largest passenger...
Source: Reuters | By: Aditi Shah