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STOCKS NEWS THAILAND-Thai Rubber at 4-month low after Q1 loss

Posted by on Tuesday, 15 May, 2012

Shares in Thai Rubber Latex Corporation (Thailand) Pcl
fell as much as 9.6 percent after the manufacturer of
latex concentrate and disposable rubber gloves reported a
quarterly net loss due in part…
Reuters: Hot Stocks


Stock futures rise as bank shares rebound

Posted by on Tuesday, 15 May, 2012

NEW YORK – Stock index futures rose on Tuesday, recovering from a string of losses as investors sought bargains in beaten-down sectors.
Reuters: Business News


JPMorgan’s Dimon to face calls to split top roles

Posted by on Tuesday, 15 May, 2012

(Reuters) – Jamie Dimon faces growing calls to give up the chairmanship of JPMorgan Chase & Co when shareholders of the bank convene on Tuesday, days after it revealed losses of billions of dollars…
Reuters: Global Markets


STOCKS NEWS THAILAND-Sahaviriya Steel falls after Q1 loss

Posted by on Tuesday, 15 May, 2012

Shares in steelmaker Sahaviriya Steel Industries PCL
fell as much as 2.8 percent to the lowest in more than
five months after it reported a quarterly net loss partly due to
higher costs.
Reuters: Hot Stocks


JPMorgan CIO Drew retires after giant trading loss

Posted by on Monday, 14 May, 2012

LONDON/NEW YORK – The leader of JPMorgan Chase & Co’s hedging unit is retiring, the bank said on Monday, marking the first casualty from stunning trading losses that experts say could exceed $ 3 billion.
Reuters: Business News


STOCKS NEWS SINGAPORE-CIMB downgrades container shipping sector

Posted by on Monday, 14 May, 2012

CIMB Research downgraded the regional container shipping
sector to neutral from trading buy after a transPacific rate
hike expected on May 1 did not happen and spot rates began to
fall.
Reuters: Hot Stocks


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