Baer Limits Europe Exposure

The Swiss bank, Julius Baer, has met profit estimates. It says it has only marginal exposure to Italy and no exposure to Spain, Portugal, Greece, or Ireland.

Shakeup: Samsung Replaces Mobile-Unit Chief
58:31 - Samsung replaced the executive overseeing its mobile-phone business as the company tries to protect a dwindling sales lead against Apple and Chinese makers. Bloomberg's Jungah Lee reports on "Trending Business." (Source: Bloomberg)
  • China's Challenges: PMI Weakens to Lowest in Three Years
  • What China’s PMI Report Tells Us About the Economy
  • China's 'Old Manufacturing' Suffering: IHS's Jackson