Credit Card Interest Rates Remain Unchanged
Interest rates on new credit card offers stayed put for the second straight week.
Procter & Gamble Buys Out Spanish Partner for $1 Billion
Procter & Gamble Co. (PG) Friday said it is buying the remaining 50% stake of a joint venture with Spain's Agrolimen Group for $1 billion, a move P&G said fits with its recent strategy shift to focus on its largest businesses such as feminine-care and baby-care products.
Anglo American Spends $948 Million To Boost Kumba Iron Ore Stake By 4.5%
Globally diversified miner Anglo American PLC (AAL.LN) said its has increased its stake in South African iron ore producer Kumba Iron Ore Ltd. (KIO.JO) by 4.5% at a cost of 7.53 billion rand ($948 million).
EARNINGS FORECAST TABLE: BASF 2Q 2012
The following is a summary of analysts' forecasts for BASF SE's (BAS.XE) second-quarter results, based on a poll of 11 analysts conducted by Dow Jones Newswires (figures in million euros, EPS, dividend and target price in euro, according to IFRS).
Egan-Jones Cuts Spain Rating Again
Ratings firm Egan-Jones cut its rating on Spain Friday for the sixth time since mid-April.
Baker Hughes 2nd-Quarter Profit Jumps 30%
Baker Hughes Inc.'s (BHI) second-quarter profit climbed 30%, beating Wall Street's estimates as a result of lower taxes and better-than-expected North American margins.
Inversiones La Construccion Raises $466 Million in Largest Chile IPO
Chilean construction investment firm Inversiones La Construccion SA (ILC.SN) made its debut on the Santiago Stock Exchange Friday by raising nearly $470 million in what is the country's largest initial public offering, chief executive Pablo Gonzalez told reporters.
Toepfer Upgrades German 2012 Wheat Output View To 23.18 Million Tons
Alfred C. Toepfer International Friday upwardly revised its estimate for Germany's 2012 wheat production by 2.1%, to 23.18 million metric tons, as rainfall helped plant development over recent weeks. The Hamburg-based trading house, a unit of Archer Daniels Midland Co. (ADM) and French farming
Colorado Shooting Suspect's Apartment Booby Trapped -Denver Post
of THE DENVER POST AURORA (Denver Post) - Police say that the apartment of the suspect in an early morning theater shooting appears to be booby trapped.
EARNINGS FORECAST TABLE: Royal Dutch Shell 2Q 2012
The following is a summary of analysts' forecasts for Royal Dutch Shell plc (RDSB.LN) second-quarter results, based on a poll of eight analysts conducted by Dow Jones Newswires (figures in millions of dollars, EPS and dividend in dollars, target price in pence, production in thousands of barrels of