Deutsche Bank cuts Teva to Hold
Teva Pharmaceutical Industries remains Deutsche Bank's favorite in the generic drugs sphere, just to be clear about that. Even so, the bank downgraded its fave from Buy to Hold after the Israeli company admitted its failure to prove that a doubled dose
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JPMorgan hires veteran Bear Stearns private banker
JPMorganPrivate Bank has hired a senior private banker from Bear Stearns for its UK domestic private banking team, having closed Bear Stearn's UK-based private client team at the end of last month. Darren McDermott will report to Olivier de Givenchy,
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Fed May Extend Investment Bank Help, Mulls Steps To Ensure Stable Fin'l System
The Federal Reserve may extend its emergency loan program for investment banks, said Chairman Ben Bernanke, as he and other regulators on Tuesday urged better financial market rules and tried to soothe jangled investor nerves. 'Instability in our
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Streamlining Marketing Management and Processes, a Merrill Lynch Success Story
Merrill Lynch is one of the world's leading financial management and advisory companies. Global Private Client (GPC) group of Merrill Lynch, the largest business of its kind in the world, provides investment, insurance, banking and retirement services
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"Lehmann Timber" Freed
the vessel ?Lehmann Timber?, which was seized off the coast of Somalia by pirates on May 28, has been released. Now the vessels headed to the neutral waters. Vessel?s captain Valentin Bartashev told, that the vessel will call at the port of Aden in
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UPDATE 2-Merrill may write down $5 bln in Q2 - Wachovia analyst
(Recasts; adds details, updates share movement) July 8 (Reuters) - Merrill Lynch & Co (MER.N: Quote, Profile, Research) may write down about $5 billion in the second quarter, said a Wachovia Capital Markets analyst, who expects the No. 3 Wall Street
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Alcoa's profit lower but tops Street forecasts (Reuters)

People leave the Alcoa Business Services Center in Pittsburgh, Pennsylvania, February 13, 2007. (Jason Cohn/Reuters)Reuters - Aluminum producer Alcoa Inc on Tuesday posted a better-than-expected quarterly profit, lifting its shares, as higher aluminum prices and sales volumes offset increased costs.


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  • Inflation worries Toyota Argentina

    BUENOS AIRES (Reuters) - High inflation in Argentina is "worrying" Toyota's local unit but the company is optimistic that concerns over energy shortages will ease in the medium term, the firm's presid...

  • Meritage prices offering at $20.50 per share

    The company has granted the underwriters an option to buy up to an additional 600,000 shares to cover over allotments, if any. The offering is expected to close on April 23 and Meritage plans to us...


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