Banking and insurance highlights to 09:15 BST |
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Published
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Sat, 31 Mar 2007 09:32 |
2007-03-31 05:19:31Taiwan's Acer eyes Chinese rivalHSICHIH, Taiwan (AP) - Taiwan's Acer Inc. wants to be known as the Ferrariof personal computers. Seeking to climb past Chinese rival Lenovo to become theworld's No. 3 PC maker, Acer has tied up with the iconic Italian automaker toconvey to consumers that its computers have a special sleekness to them -- adistinction, it hopes, that separates its machines from the plain boxes of othermanufacturers.2007-03-31 00:06:03The Week Aheadweek (some dates are tentative):MONDAY, April 2NEW YORK -- The Institute for Supply Management issues its report onactivity in the manufacturing economy for March, 10 a.m.2007-03-30 23:48:44Lehman needs more stock for compensationNEW YORK (AP) - Lehman Brothers Holdings Inc., the fourth-largest U.S.investment bank, said Friday it was seeking shareholder approval to increase theamount of stock allotted to compensation for its employees.2007-03-30 23:35:38Mutal Funds Turn In Lower Returns In 1QNEW YORK (AP) - Mutual fund investors who avoided panic when volatilitystrode back onto Wall Street in recent months managed decent if decidedlysmaller returns for the first quarter.2007-03-30 23:20:16Schwab to pay $12.1M to U.S. Trust execSAN FRANCISCO (AP) - The executive running Charles Schwab Corp.'s U.S. Trustdivision will receive $12.1 million in cash and stock after the stock brokeragesells the wealth management subsidiary to Bank of America Corp. later this year.2007-03-30 23:06:01Marsh CEO earns $8.7M in 2006NEW YORK (AP) - Michael G. Cherkasky, president and chief executive of Marsh& McLennan Companies Inc., the nation's largest insurance brokerage, receivedcompensation valued at $8.7 million last year, according to a regulatory filingon Friday.
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