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Example Headline of Genre for Date
Asian stocks lower on US jobless concern
AP - Asian markets fell Friday after Wall Street's overnight decline on concern a U.S. government employment report might show worse-than-forecast July job losses.
Japan Airlines books $1 billion loss in 1Q
AP - Japan Airlines Corp. said Friday it posted a $1 billion loss in the April-May quarter, larger than its loss for all of last year, as ticket sales suffered due to the weak economy and swine flu fears.
RBS posts wider first-half net loss
AP - The Royal Bank of Scotland posted a wider first-half net loss on Friday, after sluggish trading in its retail and corporate businesses wiped out strong gains in its investment banking unit.
Singapore lender DBS beats earnings expectations
AFP - Southeast Asia's biggest bank DBS Group said Friday net profit fell 15 percent in the June quarter from a year ago, beating expectations but analysts voiced concern over growing non-performing loans.
Stock futures moderately lower ahead of jobs data
AP - Stock futures were moderately lower Friday ahead of a key report on the nation's employment.
Oil prices retreat, mirroring stock markets
AFP - Oil prices pulled back on Friday in-line with stock markets as traders awaited US jobs data that may provide clues for future crude demand.
European stocks drop before US data
AFP - Europe's main stock markets slid in midday trading on Friday as investors geared up for key US jobs data and amid more bleak news from the banking and auto sectors, traders said.
European stocks fall ahead of key US jobs report
AP - European markets fell Friday as investors awaited a key report on U.S. job losses and financial stocks pulled indexes down after the Royal Bank of Scotland reported bigger first-half losses and issued a subdued outlook.
Magna posts loss on weak auto market
Reuters - Canadian auto parts company Magna International Inc (MGa.TO), one of the bidders vying to buy carmaker Opel from General Motors, reported a quarterly loss Friday, hurt by steep declines in global auto production.
AIG reports 2Q profit, first since 2007
AP - American International Group Inc. reported its first quarterly profit since 2007 on Friday, as the company saw stability in some of its businesses.
Magna International posts 2Q loss
AP - Magna International Inc., the Canadian auto parts maker that is bidding for General Motors' European Opel business, said Friday it lost $205 million in the second quarter as the global recession depressed auto sales and demand for its products.
Hypo Real Estate reports $1.08 billion 2Q loss
AP - Nationalized German lender Hypo Real Estate Holding AG said Friday that it lost euro750 million ($1.08 billion) in the second quarter as hefty loan loss provisions weighed down its performance.
Allianz net profit up 21 percent to $2.7 billion
AP - German insurer Allianz SE said Friday its second quarter net profit rose 21 percent as its life and health insurance business improved and said it was adjusting to the 'new normal' of reduced returns.
Finnair reports 2Q net loss of $37 million
AP - Finnair PLC on Friday reported a second-quarter net loss of euro26 million ($37 million) as the airline's chief executive announced that he is resigning in what he called 'crisis' conditions.
Royal Bank of Scotland posts $1.7 billion loss
AP - The Royal Bank of Scotland posted a wider first-half net loss Friday, as bad debts jumped to 7.5 billion pounds ($12.6 billion) and sluggish activity in its retail and corporate businesses wiped out strong gains in investment banking.
European, US stocks rise after July jobs report
AP - European markets reversed losses and Wall Street opened solidly higher Friday after a better-than-expected U.S. jobs report raised hopes that the recession is finally ending.
Utah-based Ancestry.com wants to go public
AP - Ancestry.com Inc. has filed a registration statement with the SEC proposing an initial public offering of some of its shares.
Royal Bank of Scotland loses $1.7B in 1st half
AP - The Royal Bank of Scotland posted a wider first-half net loss Friday, as bad debts jumped to 7.5 billion pounds ($12.6 billion) and sluggish activity in its retail and corporate businesses wiped out strong gains in investment banking.
Downbeat RBS earns temper banking sector optimism
AP - A downbeat report from the Royal Bank of Scotland PLC on Friday clouded a week of earnings updates that started with suggestions that the country's lenders were over the worst of the financial crisis — almost exactly two years after the credit squeeze took hold.
State-rescued bank RBS mired in bad debts
AFP - State-rescued Royal Bank of Scotland reported a five-fold jump in bad debts on Friday, warning they would stay 'high for a while' and wrapping up a mixed earnings season for Britain's financial sector.
FTSE 100 climbs on US jobs data
AFP - Stocks in London finished up on Friday after the White House suggested the US economy had pulled back from the brink following a key US unemployment report that showed the number of job losses slowed in July.
Magna swings to loss on slowing auto production
Reuters - Magna International Inc (MGa.TO), one of the bidders vying to buy carmaker Opel from General Motors , reported a quarterly loss on Friday given a decline in global auto production.
Wall Street hits fresh 2009 highs on upbeat jobs data
AFP - US stocks surged Friday to their best levels of the year after a much-awaited July jobs report was better than expected, signaling a likely turnaround in the long and painful recession.
ALL BUSINESS: How tough is the SEC?
AP - The government appears to be getting tough on corporate shenanigans, securing $83 million in fines last week from Bank of America and General Electric for misleading investors.
Berkshire Hathaway's 2Q profit jumps 14 percent
AP - Warren Buffett's company reported a 14 percent jump in second-quarter profit as the improving stock market boosted the value of Berkshire Hathaway Inc.'s derivative contracts but the recession continued to weigh on its operating businesses.
Freddie Mac's loss narrows, eschews federal aid
AP - Freddie Mac escaped the second fiscal quarter without asking the government for any new financial aid, but still expects to need more federal help in the future.
Finnair reports 2Q net loss of euro26 million
AP - Finnair PLC on Friday saw a second-quarter net loss of euro26 million ($37 million) as the airline's chief executive announced that he is resigning in what he called 'crisis' conditions.
Securitas Q2 net up 6.7 percent
AP - Swedish security firm Securitas AB on Friday reported a 6.7 percent increase in second-quarter net profits, in part thanks to stronger sales, and said it aims to explore acquisition opportunities in North America as they arise.
Natco records higher 2Q profit on lower costs
AP - Oil services company Natco Group Inc. posted a slightly higher second-quarter profit Friday, as lower costs for goods helped it beat Wall Street estimates.
Allianz 2Q net profit up 21 pct to euro1.9 billion
AP - German insurer Allianz SE said Friday its second quarter net profit rose 21 percent as its life and health insurance business improved and said it was adjusting to the 'new normal' of reduced returns.
Correction: GMAC earnings story
AP - In an Aug. 4 story about GMAC Inc., The Associated Press reported erroneously the percentage change and figures for the company's second-quarter revenue. GMAC's net revenue fell 22 percent to $1.03 billion from $1.32 billion, not 28 percent to $1.27 billion from $1.76 billion.
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