COMPANIES

California Deficit May Reach $8 Billion: Assembly Memo

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California's government could face a budget gap of up to $8 billion in its next fiscal year, substantially more than the $3.1 billion shortfall projected by Governor Jerry Brown's office, The Sacramento Bee said on Thursday, citing a memo from Assembly budget officials.
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Jon Corzine, chairman and chief executive officer of MF Global Holdings, speaks during the Sandler O'Neill + Partners global exchange and brokerage conference in New York

MF Global CEO Jon Corzine Resigns Under Fire

Jon Corzine has resigned as MF Global Holdings Ltd's chairman and chief executive officer four days after the futures brokerage filed for bankruptcy protection, culminating a rapid downfall for one of Wall Street's best-known executives.
A man looks at Olympus digital cameras at an electronics store in Tokyo

Olympus Delays Q3 Earnings Report; Shares Sink

Japan's Olympus Corp said it will not announce its quarterly earnings on Nov. 8 as expected because it needs more time after appointing an external panel to look into past acquisitions, sparking a fresh plunge in the firm's shares.
Bharti Airtel

Bharti Airtel Net Down 38%, Falls More Than Expected

India's top mobile phone carrier Bharti Airtel on Friday reported a bigger-than-expected 38 percent fall in fiscal second-quarter profit, its seventh straight quarterly profit drop, hit by higher interest costs and foreign exchange losses.
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Olympus Delaying Q2 Earnings Report

Olympus Corp said on Friday it would delay its July-September earnings announcement from November 8 as it needs more time after appointing an external panel to look into its past M&A deals.
JLL HQ

Jones Lang LaSalle Revenue up 28 Percent

Jones Lang LaSalle, one of the world's largest real estate services companies, reported revenue of $903 million in the third quarter, up 28 percent from the previous year.
Big Canada Internet providers win partial victory

Canada's BCE Q3 profit rises

Canada's largest telecom company, posted a 41 percent jump in third-quarter profit, helped by its acquisition of CTV, Canada's premier media company.
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NYSE Euronext Revenue Rises as Deal Talks Advance

NYSE Euronext , which wants regulatory support for its planned $9 billion merger with Deutsche Boerse , cited strong trading and technology sales for a 54 percent hike in quarterly profit to $186 million.
People walk in front of a branch of French BNP Paribas bank in Marseille

BNP Q3 Profits Slump on 2 Billion Euro Greek Charge

France's biggest listed bank BNP Paribas reported a 71.6 percent slide in third-quarter earnings on Thursday after it booked a bigger-than-expected 2 billion-euro ($2.76 billion) charge on Greek debt and sold billions of euros' worth of eurozone government bonds.
The sign marking the MF Global Holdings Ltd. offices at 52nd Street in midtown Manhattan is seen in New York

SEC Probes MF Global's Statements on European Bets: Report

The Securities and Exchange Commission has launched a probe into whether MF Global Holdings made misleading statements about the $6.3 billion bets that sank the company, the Wall Street Journal said, citing people familiar with the matter.

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