Mettawa Business
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Abbott to cut 3,000 jobs, but mostly in EuropeSep 20, 2010 11:00 pm - Abbott Laboratories said Tuesday it will eliminate 3,000 jobs and take almost $1.3 billion in charges over the next two years as it integrates its Solvay pharmaceuticals...
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HSBC in talks for $6.8 bil. majority stake in NedbankAug 22, 2010 11:00 pm - LONDON -- British bank HSBC Holdings PLC said Monday it is in talks with financial group Old Mutual PLC to buy a controlling stake in Nedbank Group Ltd. of South Africa ...
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Judge: HSBC should reveal reports on Madoff riskAug 19, 2010 11:00 pm - HSBC Holdings Plc, Europe's biggest bank, should turn over internal reviews of potential fraud and other operational risks at Bernard Madoff's business from 2006 and 200...
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HSBC can be sued over worthless 'minibonds'Aug 09, 2010 11:00 pm - Lehman Brothers Holdings Inc. and HSBC Holdings Plc may be sued over $1.6 billion in worthless securities sold to retail investors, primarily in Hong Kong, a judge in Ne...
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HSBC unit investigated by U.S. over money launderingAug 04, 2010 11:00 pm - HSBC Holdings Plc, Europe's biggest bank, said a U.S. unit is under investigation by regulators and government agencies over possible violations of anti-money-laundering...
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HSBC profit more than doubles to $6.8 billionAug 01, 2010 11:00 pm - LONDON -- British bank HSBC Holdings PLC said Monday that its first-half net profit more than doubled to $6.76 billion as provisions for bad loans in the U.S. fell by ne...
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Abbott 2Q profit edges past Wall Street estimatesJul 20, 2010 11:00 pm - Abbott Laboratories said Wednesday its net income edged past Wall Street expectations for the second quarter as sales of drugs and medical devices offset increased opera...
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Abbott sues Mylan over plans to market generic Simcor copiesJun 29, 2010 11:00 pm - Abbott Laboratories sued Mylan Inc. in federal court in Delaware, alleging infringement of eight patents and seeking to block generic copies of the cholesterol drug Simc...
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Abbott considers sale of former Solvay flu vaccine businessJun 28, 2010 11:00 pm - Abbott Laboratories, acquirer of Solvay SA's pharmaceutical unit in February, is considering selling the flu vaccine part of the business, a company spokesman said. "We'...
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HSBC declares dividendMay 14, 2010 11:00 pm - METTAWA - HSBC Finance Corp. announced Friday that its board of directors declared the regular quarterly cash dividend on the company's Series B preferred stock of $0.39...