A spokesman said job cuts were revealed in an internal memo and that that number of jobs lost will be revealed next month when UBS posts fourth-quarter figures. More: continued here
A spokesman said job cuts were revealed in an internal memo and that that number of jobs lost will be revealed next month when UBS posts fourth-quarter figures. More: continued here
Toyota will replace most of its top management later this year as incoming President Akio Toyoda aims to return the Japanese automaker to profit, a report says. More: continued here
The company revised its forecast sharply lower because of a deteriorating business environment and a stronger yen, and said it will make further cost cuts in an effort to return to profit. More: continued here
The insurer has begun the auction of its Asian life assurance unit in the hopes of raising up to $20 billion to help repay a U.S. government loan, a report says. More: continued here
NEW DELHI: Investors should buy India?s banks, developers and carmakers, which are among companies that will benefit most from a possible interest rate cut and economic stimulus plans, JPMorgan Chase & Co said yesterday. More: continued here
The company revised its forecast sharply lower because of a deteriorating business environment and a stronger yen. More: continued here
Four free stock picks are being made available today on Zacks.com. The industry?s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value. More: continued here