Conergy cuts 2007 guidance, to shed 500 jobs
Conergy cuts 2007 guidance, to shed 500 jobs
FRANKFURT (Reuters) – German solar energy group Conergy will cut 500 jobs as it sells non-core businesses and repositions itself as an integrated supplier, the company said on Wednesday, chopping its earnings guidance.
Source: feeds.reuters.com
Swiss regulator pressed UBS to increase capital: report
ZURICH (Reuters) – Swiss authorities pressed UBS and Credit Suisse in September to increase reserve capital levels in case of shock losses, well ahead of UBS’ emergency capital hike on Monday, according to a newspaper report on Wednesday.
Source: feeds.reuters.com
About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.
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