AIG Q2 EPS $1.25 vs $1.05 estimated; revenue of $8.53B vs $7.72B estimated. Share up 2.4% after-market . AIG announces additional share repurchase of $2 billion . Michael Kors down 5.9% after reporting Q2 margin decline although reporting strong profit and sales . UBS & CalPERS formed a strategic infrastructure partnership, Golden State Matterhorn, to pursue infrastructure investment opportunities across core OECD markets . Samsung Wins Back Apples Advanced Processor Chip Order . China 4 Big Banks End-July Deposits Fall By CNY 1.5 Trillion . Moodys cuts Frances 2014 GDP growth forecast to 0.6% from 1.0%. 2015 cuts to 1.3% from 1.5% . Investors left Bill Grosss Pimco fund for a 15th-straight month, though the pace of withdrawals slowed sharply . Portugal will spend $6.6 billion to rescue troubled Banco Espirito Santo (BES), its largest bank by market cap. . EU approves Siemens $1.3 billion bid for Rolls Royces energy business . Russian Central Bank to Create Domestic Payment Card System to Rival Visa, MasterCard . OCBC Q2 net profit up 54% YoY, beats expectations . Toyota to report Q2 earning after market closes today . HSBC China July Services PMI falls to 50.0 from 53.1 in June; lowest in nearly 9 years . Hong Kong Monetary Authority Injected Another $925M to Defend US Dollar Peg Monday Amid Speculation of Influx of Russian Cash
Posted on: Tue, 05 Aug 2014 02:27:50 +0000
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