Not much for that $36 billion

Not much for that $36 billion The National Broadband Scheme offers low rates of return, higher bills for customers, and profits that rely on banning competition: … Read more on Herald Sun

JPMorgan Chase Reports Third-Quarter 2010 Net Income of $4.4 Billion, or $1.01 Per Share, on Revenue1 of $24.3 Billion

JPMorgan Chase Reports Third-Quarter 2010 Net Income of $4.4 Billion, or $1.01 Per Share, on Revenue1 of $24.3 Billion JPMorgan Chase & Co. today reported third-quarter 2010 net income of $4.4 billion, an increase of 23% compared with $3.6 billion in the third quarter of 2009. Earnings per share were $1.01, compared with $0.82 in [...]

Construction Bank Seeks $11 Billion in Rights Offer (Update2)

Construction Bank Seeks $11 Billion in Rights Offer (Update2) China Construction Bank Corp., the world’s second-largest lender by market value, plans to raise as much as 75 billion yuan ($11 billion) in Asia’s biggest-ever rights offer to replenish capital eroded by loan growth. Read more on BusinessWeek