AIG Taiwan Unit Buyer Seeks Favorable Ending

{ Posted on Sep 02 2010 by Financetech - All Stories }
The buyers of American International Group Inc's Taiwan unit will be constructive as they seek to pursue the $2.2 billion bid even after Taiwan's regulators rejected it, a top executive said on Thursday. Read More »

Samsung to Challenge iPad With Own Tablet

{ Posted on Sep 02 2010 by Financetech - All Stories }
Samsung Electronics' first tablet computer will go on sale in two weeks, it said on Thursday, joining the hunt to challenge Apple's iPad. Read More »

UPDATE – Sycamore returns to profit, shares rise

{ Posted on Sep 02 2010 by Yahoo! Finance: Earnings News }
[at Reuters] - * Q4 adj EPS $0.05 vs est loss $0.09/shr * Revenue $22.2 mln vs est $15.0 mln * Shares rise 8 pct pre-market Sept 2 - Communications equipment provider Sycamore Networks Inc posted a surprise profit, after ...Read More »

UPDATE – Vimpelcom in talks with Sawiris, Q2 misses f cast

{ Posted on Sep 02 2010 by Yahoo! Finance: Earnings News }
[at Reuters] - * Q2 net profit $334 mln vs $431 mln poll forecast * CEO confirms talks on Orascom, Wind Read More »

SEC Probes Cancelled Trades In Flash Crash

{ Posted on Sep 02 2010 by Financetech - All Stories }
U.S. securities regulator is looking into a Wall Street trading practice in which unusually large numbers of orders to buy or sell stocks are placed in a fraction of a second, only to be canceled almost immediately, the Wall Street Journal reported on Thursday. Read More »

Enable Holdings Announces the Engagement of Manchester Companies, Inc.

{ Posted on Sep 02 2010 by Yahoo! Finance: Earnings News }
[PR Newswire] - Enable Holdings, Inc. , , one of the leading asset recovery solution providers for products of the world s most trusted brands, with operating subsidiaries uBid, Inc., RedTag.com, RedTag Live!, Dibu Trading Corporation and Commerce Innovations, announced ...Read More »

Europe Under Pressure To Approve Financial Regulations

{ Posted on Sep 02 2010 by Financetech - All Stories }
European Union officials and lawmakers are returning from their summer break to face a bulging in-tray of regulatory measures to approve. Read More »

TD Bank profit rises 29 percent

{ Posted on Sep 02 2010 by Yahoo! Finance: Earnings News }
[AP] - Toronto-Dominion Bank, North America s sixth largest bank by branches, increased profit by 29 percent in the third quarter on a record quarter by its Canadian retail banking operations. Read More »

Discontinued business widens Movado Group 2Q loss

{ Posted on Sep 02 2010 by Yahoo! Finance: Earnings News }
[AP] - Watch maker Movado Group Inc. said Thursday its second-quarter loss widened as it completed the closing of its boutiques and refocused on its wholesale business. Read More »

UPDATE – Canada s Garda World Q2 results beat market estimates

{ Posted on Sep 02 2010 by Yahoo! Finance: Earnings News }
[at Reuters] - * Q2 EPS C$0.17 vs est C$0.16 * Revenue up 3 pct * Results boosted by increased contracts Sept 2 - Garda World Security Corp posted higher second-quarter results beating market estimates, helped by increased contracts at ...Read More »