TFN NEWS BRIEFING: Banking and insurance highlights to 15:45 BST |
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Thu, 19 Apr 2007 16:02
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2007-04-19 15:38:36Altria reports 21 pct drop in 1Q profitNEW YORK (AP) - Altria Group Inc., owner of the Philip Morris cigarettecompanies, said Thursday that first-quarter income fell by 21 percent asdomestic cigarette sales dropped off more severely than expected.2007-04-19 15:24:07CIT orders five more Boeing jetsSEATTLE (AP) - Boeing Co. said Thursday a unit of CIT Group Inc. orderedfive of its next-generation 737-700 jets, valued at about $295 million at listprices.2007-04-19 15:11:47Merrill Lynch 1Q profit risesNEW YORK (AP) - Merrill Lynch & Co. said Thursday its first-quarter profitsoared, surpassing Wall Street expectations thanks to strong investment bankingactivity.2007-04-19 14:37:00CBOT 1st-quarter profit increasesCHICAGO (AP) - CBOT Holdings Inc., the holding company for the Chicago Boardof Trade, said Thursday its first-quarter profit climbed 58 percent due tohigher trading volume and increased average exchange fee rates.2007-04-19 14:34:33Boeing wins order for five 737-700s worth some 295 mln usd from CIT AerospaceLONDON (Thomson Financial) - Boeing Co said that CIT Aerospace, a businessunit of CIT Group Inc, had placed an order for five Boeing Next-Generation737-700s, valued at approximately 295 mln usd at list pricesTo date, CIT, a global provider of commercial and consumer financesolutions, has taken delivery of 31 Next-Generation 737s and has a backlog offive 787 Dreamliners and 10 Next-Generation 737s on order with Boeing.2007-04-19 14:31:43BlackRock 1Q profit more than doublesNEW YORK (AP) - Investment management company BlackRock Inc. said Thursdayits first-quarter profit and sales more than doubled, even as expensesballooned.
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Ping An Insurance looks at expanding into rural China 