Finance News – Glencore, Heinz, J.P. Morgan, Trading cushions Glencore’s 2012 profit drop
A rise in profits from trading helped Glencore offset lower prices in 2012, with net income down by a quarter as the commodities group prepares to seal a billion takeover of miner Xstrata . The drop, …
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Berkshire on hunt for more Heinz-like deals
(Reuters) – Berkshire Hathaway Inc is on the hunt for more deals like its planned purchase of H.J. Heinz Co , Warren Buffett, the conglomerate’s chief executive, said on Monday.
http://feeds.reuters.com/~r/reuters/businessNews/~3/GT32IjqwEDg/us-buffett-cnbc-idUSBRE9230G120130304
J.P. Morgan to Cut Costs, Jobs
J.P. Morgan Chase plans to cut overall expenses in 2013 by billion and reduce headcount by 4,000 in its consumer-banking business.
http://online.wsj.com/article/SB10001424127887324338604578327983190210680.html?mod=rss_whats_news_us
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