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July 26, 2007

S.Korea Daewoo Sec says FYQ1 profit surges 50 pct

SEOUL, July 26 (Reuters) - Daewoo Securities Co. , South Korea’s most valuable brokerage, said on Thursday net quarterly profit surged 50 percent as a bull market led to a windfall in trading commissions.

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Don't Outsmart Yourself

Investing is a lifetime endeavor, and sometimes we're too clever. We trade in and out, or we get spooked, or we think that just because a stock has risen 20%, it can't rise another 2,000%. But it can.

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JPMorgan Profit Surges 78%; Dimon Will Be CEO Dec. 31

Oct. 19 (Bloomberg) -- JPMorgan Chase & Co., the third- biggest U.S. bank, reported a record quarterly profit as fixed- income trading revenue surged, and said President James Dimon will become chief executive on Dec. 31, six months early. Read more here

Japan Stocks Drop on U.S. Retail Sales, G-20 Summit; Sony Falls

Nov. 17 (Bloomberg) -- Japan's stocks fell after U.S. retail sales dropped by a record, a leaders' summit didn't produce specific measures to allay the global financial crisis, and the nation's economy sank into its first recession since 2001. Link to original article

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