Japan Plans To Let Banks Own Bigger Company Stakes
Japan's Financial Services Agency plans to ease rules restricting banks' shareholding in non-financial companies to 5%, the Nikkei newspaper reported Thursday, without citing a source for the information.
Green Mountain 3rd-Quarter Profit Rises; Better Predicts Sales
Green Mountain Coffee Roasters Inc. (GMCR), which saw its third-quarter profit rise 30%, expects to make less money this year than it presumed, but said it has found a way to better predict consumer demand for its Keurig single-serve coffee brewers and packs--a skill it's lacked in recent quarters.
US Drought Threatens QBE Profit -Analysts
QBE Insurance Group's (QBE.AU) hopes of a disaster-free year are withering as analysts now expect its exposure to the U.S. crop-insurance market to hurt its 2012 earnings.