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Peugeot, GM alliance targets annual $2 bln savings
Feb 29, 2012 06:58 EST
FRANKFURT/PARIS (Reuters) - General Motors <GM.N> and PSA Peugeot Citroen <PEUP.PA> will seek to squeeze a joint $2 billion annually from a global platforms to purchasing alliance, but the savings will not be fully realized for five years, the automakers said on Wednesday.
Peugeot, GM alliance targets annual $2 billion in savings
Feb 29, 2012 06:58 EST
FRANKFURT/PARIS (Reuters) - General Motors Co <GM.N> and PSA Peugeot Citroen <PEUP.PA> will seek to squeeze a joint $2 billion annually from a global platforms-to-purchasing alliance, but the savings will not be fully realized for five years, the automakers said on Wednesday.
GM, Peugeot target savings, test history with alliance
Feb 29, 2012 06:58 EST
DETROIT/PARIS (Reuters) - General Motors Co <GM.N> and PSA Peugeot Citroen <PEUP.PA> will form a global alliance targetting a cut in annual costs of at least $2 billion without plant closings or job cuts in Europe, in a deal announced on Wednesday.
Bernanke has "finger on trigger" for new bond buys
Jan 24, 2012 10:19 EST
CHICAGO/NEW YORK (Reuters) - The Federal Reserve has moved closer to embarking on a new round of its controversial money-pumping after the central bank and its chairman Ben Bernanke highlighted a grim outlook for the U.S. economy.
Bank of America, Goldman results likely to beat: StarMine
Jan 13, 2012 18:48 EST
NEW YORK (Reuters) - Bank of America <BAC.N>, Goldman Sachs <GS.N> and Citigroup <C.N> could be among companies that beat estimates when they report next week, Thomson Reuters StarMine forecasts show.
Analysis: Europe's debt crisis to shake corporate America
Nov 10, 2011 10:42 EST
BOSTON (Reuters) - The shock waves of Europe's debt crisis will take a toll on corporate America, particularly sellers of cars, consumer products and basic materials that generate significant revenue on the continent.
Analysis: Europe's debt crisis to shake corporate America
Nov 10, 2011 10:41 EST
BOSTON (Reuters) - The shock waves of Europe's debt crisis will take a toll on corporate America, particularly sellers of cars, consumer products and basic materials that generate significant revenue on the continent.
Analysis: Europe's debt crisis to shake corporate America
Nov 09, 2011 18:32 EST
BOSTON (Reuters) - The shock waves of Europe's debt crisis will take a toll on corporate America, particularly sellers of cars, consumer products and basic materials that generate significant revenue on the continent.
GM outlook disappoints, shares tumble
Nov 09, 2011 16:28 EST
DETROIT (Reuters) - General Motors Co posted a lower third-quarter profit on losses in Europe and offered a disappointing outlook that raised doubts about the speed of its turnaround two years after emerging from bankruptcy.
GM outlook disappoints, shares tumble
Nov 09, 2011 16:28 EST
DETROIT (Reuters) - General Motors Co posted a lower third-quarter profit on losses in Europe and offered a disappointing outlook that raised doubts about the speed of its turnaround two years after emerging from bankruptcy.
October auto sales rate seen at 8-month high
Oct 31, 2011 16:07 EDT
DETROIT (Reuters)- U.S. auto sales in October are expected to have hit the highest rate in at least eight months, helped by pent-up demand from consumers trading in aging vehicles and a wider selection of Honda and Toyota brand cars and trucks.
Investors to manufacturers: what about next year?
Oct 14, 2011 15:49 EDT
BOSTON (Reuters) - "Forget about where you've been. Tell us where you're going."
Bullish Apple investors start calling for dividend
Oct 12, 2011 17:51 EDT
(Reuters) - Apple Inc is starting to hear a common refrain from investors: Show us the money.
Awful quarter for Wall Street may be only the beginning
Sep 30, 2011 16:50 EDT
NEW YORK (Reuters) - This past quarter was miserable for bullish U.S. stock investors. The bad news is, things may get worse before they get better.
CEOs view of economy worsens in Q3: Roundtable
Sep 29, 2011 12:28 EDT
(Reuters) - Spooked by the United States' recent budget standoff in Washington and the European debt crisis, U.S. chief executives' view of the economy deteriorated sharply in the third quarter, a survey released on Thursday found.
Berkshire to launch share buyback plan
Sep 26, 2011 16:50 EDT
(Reuters) Warren Buffett's conglomerate Berkshire Hathaway will launch a share buyback program, an unprecedented move from Buffett that comes after months of investor complaints that the stock is undervalued.
Berkshire Hathaway in surprise buyback; shares soar
Sep 26, 2011 16:37 EDT
(Reuters) Warren Buffett's conglomerate Berkshire Hathaway will launch a share buyback program, an unprecedented move from Buffett that comes after months of investor complaints that the stock is undervalued.
Congress heads to another budget showdown
Sep 22, 2011 23:17 EDT
WASHINGTON (Reuters) - A sharply divided Congress careened toward another high-stakes budget battle on Thursday as lawmakers remained at odds over a bill that would help disaster victims and keep the government open.
Congress heads to another budget showdown
Sep 22, 2011 23:17 EDT
WASHINGTON (Reuters) - A sharply divided Congress careened toward another high-stakes budget battle on Thursday as lawmakers remained at odds over a bill that would help disaster victims and keep the government open.
How to play it: Potential winners on Obama's Jobs Act plan
Sep 09, 2011 14:32 EDT
* THE ISSUE: President Barack Obama called on Congress late Thursday to pass a $447 billion package of spending initiatives and tax cuts to boost economic growth and generate jobs. Here are several investment ideas based on his proposals.
Facts from the Wikipedia page:
 | |
| Type | Public (NASDAQ: FITB) |
|---|---|
| Founded | 1858 as Bank of the Ohio Valley Present name acquired June 1, 1908 as the result of merger between Third National Bank and Fifth National Bank |
| Headquarters | Cincinnati, OH, USA |
| Key people | Kevin T. Kabat, CEO |
| Industry | Finance |
| Products | Banking |
| Revenue | $8.498b ( 4.8%) FY2007[1] |
| Operating income | $1.07b ( 9.3%) FY2007[1] |
| Net income | $1.07b (9.3%) FY2007[1] |
| Employees | 22,000 (2007) [2] |
| Website | www.53.com |
