Tuesday, November 6, 2012

seenewstoday.com : Top News updates

USC shooting: 2 suspects in custody; 'No pending danger,' police say - Los Angeles Times
As detectives continued their investigation into a Halloween night shooting that injured four people in the. As detectives continued their investigation early Thursday into a Halloween night shooting that injured four people in the heart of USC's campus, officials …


Obama to Hit Campaign Trail - Wall Street Journal
By CAROL E. LEE. President Barack Obama will be back on the campaign trail Thursday to lay out his closing argument five days before the election after being sidelined in Washington for most of the week to monitor superstorm Sandy. Mr. Obama begins a …


Moscow reclaims Europe's tallest building
Moscow is reclaiming bragging rights for having Europe’s tallest building after losing the distinction for a few months to London.


UBS closes London-based distressed debt desk
A man walks past a logo of Swiss bank UBS in ZurichLONDON (Reuters) – UBS is closing its London-based distressed debt trading desk as the bank winds down its fixed income business as part of a wider plan to cut 10,000 jobs and shrink its investment bank, banking sources said on Thursday. UBS's distressed debt trading desk was respon sible for trading leveraged loans and high-yield bonds for poorly- performing non-investment grade companies, often at big discounts to face value. Banks' debt trading operations have been in focus since late 2010, after the U.S. …


Pfizer quarterly revenue fall far short of forecasts
People walk past the Pfizer World headquarters in New York(Reuters) – Pfizer Inc reported on Thursday quarterly revenue well below Wall Street expectations, on sharply weaker sales of specialty care drugs and a pullback of emerging market revenue. Results were also hurt by weaker than expected sales of Pfiz er's Prevnar vaccine and Lipitor cholesterol fighter, which has been facing cheaper generics since late last year. The largest U.S. drugmaker earned $3.21 billion, or 43 cents per share, in the third quarter. That compared with $3.74 billion, or 48 cents per share, in the year-earlier period, when the company recorded a $1. …


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