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Bloomberg News

Bloomberg News

August 23, 2012 | Daily Business Review

Wells Fargo says mortgage dominance due to hard work

Growth in market share isn't "magic" and is driven by clients choosing the bank over competitors because it has served them well, San Francisco-based Wells Fargo said in a memo to employees.

By Bloomberg News

3 minute read

January 07, 2011 | Daily Business Review

France's Lagardere said to agree on price for International Magazines unit with Hearst

Lagardere SCA, France's biggest publisher, has reached an agreement in principle with Hearst Corp. on a price for its international magazines business, according to a person with direct knowledge of the situation.

By Bloomberg News

2 minute read

October 11, 2011 | Daily Business Review

American to deepen seat cuts on weak economy, pilot losses

AMR Corp.'s American Airlines joined its bigger U.S. peers with deeper seating cuts and said it would ground 11 jets in 2012 as it faces a weak economy, more pilot retirements and higher fuel costs.

By Bloomberg News

4 minute read

February 19, 2013 | Daily Business Review

BofA wins record growth to 401(k)s from commercial bank

Bank of America attracted record new assets last year to its unit servicing retirement and other employee-benefit plans as it cross-sold products through the commercial bank.

By Bloomberg News

3 minute read

September 26, 2012 | Daily Business Review

Class of 2008 breaks record for coming back home

The Class of 2008, born during the historic bull market that closed the past century, reached a dubious distinction last year: More than a million of the college graduates have gone back home.

By Bloomberg News

1 minute read

July 30, 2012 | Daily Business Review

Prologis may sell about $800 million in assets

Prologis Inc., the world's largest warehouse owner, may sell about $800 million of U.S. properties by the end of 2012 amid growing investor demand for industrial buildings.

By Bloomberg News

2 minute read

January 05, 2011 | Daily Business Review

Shopping center vacancies rise as unemployment rate climbs

Vacancies at U.S. neighborhood and community shopping centers climbed in the fourth quarter from a year earlier as unemployment lingered close to 10 percent, real estate research company Reis Inc. said.

By Bloomberg News

3 minute read

January 08, 2013 | Daily Business Review

GameStop falls on narrower annual sales forecast

GameStop Corp. tumbled the most in more than seven months after the company narrowed its full-year same-store sales forecast, citing disappointing holiday results.

By Bloomberg News

2 minute read

September 13, 2012 | Daily Business Review

Underwater homeowners regain equity as prices increase

More than 1.3 million U.S. homeowners regained equity in their properties this year as prices rose after the worst real estate collapse since the 1930s.

By Bloomberg News

2 minute read

April 04, 2012 | Daily Business Review

Apartment vacancies decline to lowest rate since 2001

Apartment vacancies fell to 4.9 percent in the first quarter from 6.2 percent a year earlier. It was only the third time since Reis began gathering the data 31 years ago that the rate was less than 5 percent.

By Bloomberg News

2 minute read