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HSBC targets additional $2-3 billion cost savings by 2016
HONG KONG (Reuters) – HSBC said on Wednesday that it would target additional cost savings of $ 2 billion to $ 3 billion in 2014-2016, as Europe’s biggest bank cuts jobs and sells noncore businesses to bolster profitability under a … Continue reading
Queen’s Speech targets immigration
The government announces tougher rules for migrants as it outlines its programme for the next year in the Queen’s Speech.
Banks paint wider targets after early misses
LONDON, May 5 (Reuters) – It has taken banks years to rein in their optimism and start setting targets they have some chance of meeting, finally chastened by conspicuous failure in meeting the unrealistic expectations they touted.
Before retirement, Senator Baucus targets tax overhaul
WASHINGTON (Reuters) – A day after announcing he will retire from Congress in 2014, Democrat Max Baucus said he will spend much of his remaining time as a senator stepping up his bid to revamp the complex U.S. tax code.
Fiat CEO “doesn’t think” automaker will need to revise 2013 targets
MILAN, April 9 (Reuters) – Fiat Chief Executive Sergio Marchionne said on Tuesday he did not believe that the automaker will need to revise its 2013 targets.
EBay sets aggressive 2015 targets, shares climb
SAN FRANCISCO (Reuters) – EBay Inc has set aggressive three-year targets for its online marketplace and payments businesses, executives said on Thursday, and the company’s shares rose more than 4…
EBay sets aggressive 2015 targets, shares climb
SAN FRANCISCO (Reuters) – EBay Inc foresees annual earnings growth of 15 percent to 19 percent over the next three years, and is targeting an increase in revenue of as much as 68 percent for the…
Electronic Arts CEO quits, takes blame for missed targets
SAN FRANCISCO (Reuters) – Electronic Arts’ Chief Executive Officer John Riccitiello has resigned after six years at the helm of the video games publisher, saying he held himself accountable for missed operational targets.
UPDATE 3-HP shares jump on recovery hope; analysts raise price targets
* BMO, RBC, UBS, Evercore, JPM, Jefferies, Credit Suisse raise price targets
HP shares jump on recovery hope; analysts raise price targets
(Reuters) – Hewlett-Packard Co shares rose as much as 11 percent on Friday after the company’s better-than-expected quarterly results and forecasts prompted at least eight brokerages to raise price…