Bloomberg
April 23, 2012 | Daily Business Review
MGIC posts $19.6 million loss as borrowers struggle on loansMGIC Investment Corp., the mortgage insurer that requested waivers from its regulator to keep writing new policies, was unprofitable for a seventh straight period as homeowners struggled to make their payments.
By Bloomberg News
3 minute read
June 19, 2013 | Daily Business Review
Commerzbank To Cut 5,200 Jobs To Increase ProfitCommerzbank AG, Germany's second-largest lender, said it plans to eliminate the jobs by 2016 to bolster profit.
By Bloomberg News
1 minute read
November 27, 2012 | Daily Business Review
Rolls-Royce cars plots growth as wealth spread flouts crisisRolls-Royce, the ultra-luxury car brand owned by Bayerische Motoren Werke AG, plans to increase outlets by 14 percent within five years as it chases growing numbers of wealthy customers.
By Bloomberg News
3 minute read
December 03, 2012 | Daily Business Review
Virgin ready for alliance as Delta may buy stakeVirgin Atlantic Airways Ltd. may end a decade of flying solo as Singapore Airlines Ltd. considers selling its 49 percent stake.
By Bloomberg News
2 minute read
August 23, 2012 | Daily Business Review
Wells Fargo says mortgage dominance due to hard workGrowth 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 HearstLagardere 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 lossesAMR 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 bankBank 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 homeThe 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 assetsPrologis 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
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