UBS net profit increases 15% on strength in private banking

Article Abstract:

UBS AG of Switzerland, the banking giant, posted 15 percent net profit gain to $2.19 billion, return on equity rose to 32 percent from 29 percent and fixed income revenue fell 14 percent to $2.22 billion francs in the first quarter. Strong revenue from private banking made up for slow revenue in investment banking.

UBS AG

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Credit Suisse net rises, but 'gaps' linger at CSFB

Article Abstract:

Credit Suisse Group the banking giant, is continuing to integrate Credit Suisse First Boston to create performance maximum. Credit Suisse Group's fourth-quarter net income rose 22 percent to $807.5 million, aided by trading income and corporate as well as private banking.

Commodity & service prices, Securities issued, listed, Security brokers and dealers, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Prices and rates, Securities industry, Securities, Credit Suisse Group, Company securities, Company pricing policy, CSGN

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Pax provides patchless peace of mind

Article Abstract:

Engineer Jean-Jacques Drieux and his team at Michelin S.A., have invented the Pax system, a new wheel and tire that enable drivers to continue traveling for 200 kilometers, even when all four tires have gone flat.

Product development, Iron and Steel Mills, Blast furnaces and steel mills, Tires and inner tubes, Tires, Tire Manufacturing (except Retreading), Steel Rails, Wheels & Track Acc, Innovations, Railroad equipment, Steel products, Tire industry, Wheels, Drieux, Jean-Jacques, Michelin S.A.

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