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European bank with the biggest losses ,,,,,,,,,,,,,,anant arora

From : Anant Arora at 12:34 PM - Feb 09, 2010 (24 months ago)
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European bank with the biggest losses from the credit crisis, reported its first profit in more than a year, helped by a recovery at the investment bank and a lower charge tied to the company’s debt.

Fourth-quarter net income was 1.21 billion Swiss francs ($1.13 billion), compared with a loss of 9.56 billion francs a year earlier, the Zurich-based bank said in a statement today. Earnings beat the 416 million-franc estimate of 14 analysts surveyed by Bloomberg, helped by a 480 million-franc tax credit.




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From : Devjyoti Das Mohapatra at 12:57 PM - Feb 09, 2010 (24 months ago)


is it +ve or - ve news





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From : Alpesh Patel at 12:57 PM - Feb 09, 2010 (24 months ago)


bears or bulls ???





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From : Rajeev Deshpande at 12:55 PM - Feb 09, 2010 (24 months ago)


Yes Syam, depends on Media.. how they project this news!!!





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From : Bharat Sharma at 12:52 PM - Feb 09, 2010 (24 months ago)


wiill this create bear mode or bullish





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From : Syam Nair at 12:48 PM - Feb 09, 2010 (24 months ago)


THANKS,ANANT...SO THAT WILL MAKE EUROPEAN MARKETS POSITIVE TODAY??? OR BEARS WILL TRY TO TOUCH AROUND THE NOSE AND MAKE THIS ALSO A NEGATIVE NEWS LIKE EUROPEAN BANKS MADE FIRST TIME PROFIT,SO GOVERNMENT WILL TIGHTEN MONETARY POLICY....OH THESE BEARS....HOW EASILY THEY CHANGE A NEWS...




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