Zurich Financial Reports Higher Profits
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Swiss insurance giant Zurich Financial Services AG on Wednesday reported a more than 35 percent jump in net profit for the first nine months of 2004, despite the impact of the most severe U.S. hurricane season in more than a century.
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The dollar edged higher against the Swiss franc and the euro on Monday as traders took profits after the head of the European Central Bank said the euro zone unit&#39;s recent
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Goldman Sachs Group Inc.  and Lehman Brothers Holdings Inc.  on Tuesday posted higher-than-expected quarterly profits, fueled by surprising strength in bond trading and investment banking growth.
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Switzerland&#39;s struggling national airline reported a second-quarter profit of 45 million Swiss francs ($35.6 million) Tuesday, although its figures were boosted by a legal settlement in France.
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Wall Street was higher after a better-than-expected profit report at Research in Motion and on word that Merrill Lynch might have lined up a  cash infusion from a Singapore fund.
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LONDON (CBS.MW) -- Zurich Financial (ZZ:001107539) gained 2.6 percent in Swiss trade after agreeing to settle US nursing home litigation by paying $47.5 million.
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Profits at Australian mining firm WMC Resources rise fivefold as reports say the government is opposed to a bid from a Swiss firm.
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Lehman Brothers Holdings Inc.   on Tuesday said quarterly profit rose 27 percent, beating  expectations, on surging revenue from bond underwriting and  stock trading.
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Swiss Re, the world's largest reinsurance group, reported on Thursday record net profits of 4.6 billion Swiss francs (2.88 billion euros, 3.80 billion dollars) for 2006, up 98 percent from the previous year.
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ZURICH : Swiss reinsurance group Swiss Re said it had nearly doubled its net profit in the first half of the year thanks to a better-than-expected investment result.
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Farm equipment maker Deere & Co. DE.N  on Tuesday reported higher quarterly earnings on strong demand,  higher selling prices and increased efficiency.
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Swiss Reinsurance Co., the world's second-largest reinsurance company, posted a first-half net profit on Thursday of 1.4 billion Swiss francs (&#36;1.1 billion), more than double its earnings for the same period last year.
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Nasdaq Stock Market Inc.  said on Tuesday that quarterly earnings more than tripled, helped by strong trade revenue.
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LONDON (CBS.MW) -- Zurich Financial Services (ZZ:001107539) said Wednesday that third quarter net profits fell 31 percent to $454 million, hit by the impact of hurricanes.
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Fourth-quarter profit more than tripled as more companies listed on the exchange, the company said.
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American Express has seen its quarterly profits climb again, after higher spending on its credit cards.
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Investment bank Lehman Brothers Holdings Inc. , said on Tuesday second quarter profit rose, helped by a surge in investment banking revenue.