Aug 1 (Reuters) - Britain's FTSE 100 index is seen opening up 0.05
percent, according to financial bookmakers, with futures up about 0.5
percent ahead of the cash market open.
Read more
Sunday, July 31, 2016
PRESS DIGEST- New York Times business news - Aug 1
Aug 1 (Reuters) - The following are the top stories on the
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
Kazakh inflation rate rises to 0.5 pct m/m in July - stats committee
ALMATY, Kazakhstan, Aug 1 (Reuters) - Inflation at
Kazakhstan in July was 0.5 percent month-on-month, versus 0.4
percent in June, the country's statistics committee said on
Monday.
Read more
Kazakhstan in July was 0.5 percent month-on-month, versus 0.4
percent in June, the country's statistics committee said on
Monday.
Read more
UPDATE 1-Didi to buy Uber China operations in deal valuing combined firm at $35 bln - media
Aug 1 (Reuters) - China's dominant ride hailing firm Didi
Chuxing will buy Uber Technologies Inc's operations in China in
a deal that will end bruising competition between the two firms,
the Wall...
Read more
Chuxing will buy Uber Technologies Inc's operations in China in
a deal that will end bruising competition between the two firms,
the Wall...
Read more
Delphi, Singapore launch test of self-driving taxis
August 1 (Reuters) - Delphi Automotive Plc will
launch a small test fleet of automated taxis in Singapore next
year, aiming to ferry passengers around a city district in one
of the first real-world...
Read more
launch a small test fleet of automated taxis in Singapore next
year, aiming to ferry passengers around a city district in one
of the first real-world...
Read more
BRIEF-Uber said to merge China business with Didi in $35 billion deal - Bloomberg, citing sources
* Uber said to merge China business with Didi in $35 billion deal - Bloomberg, citing
sources
Source text - (http://bloom.bg/2akzz3h)
Further company coverage:
(Bengaluru Newsroom)
Read more
sources
Source text - (http://bloom.bg/2akzz3h)
Further company coverage:
(Bengaluru Newsroom)
Read more
RPT-Helicopter money talk takes flight as Bank of Japan runs out of runway
TOKYO, July 31 (Reuters) - The Bank of Japan's review of its
monetary stimulus programme promised for September has revived
expectations it could adopt some form of "helicopter money",
printing money...
Read more
monetary stimulus programme promised for September has revived
expectations it could adopt some form of "helicopter money",
printing money...
Read more
Tesla, SolarCity set to announce merger on Monday -sources
July 31 (Reuters) - Tesla Motors Inc and SolarCity
Corp could announce they have agreed to merge as early
as Monday, according to people familiar with the matter.
Read more
Corp could announce they have agreed to merge as early
as Monday, according to people familiar with the matter.
Read more
UPDATE 1-Uber to invest $500 million in global mapping project -FT
NEW YORK, July 31 (Reuters) - Ride-hailing service Uber
will invest $500 million in an ambitious global
mapping project to wean itself off dependence on Google Maps and
pave the way for driverless...
Read more
will invest $500 million in an ambitious global
mapping project to wean itself off dependence on Google Maps and
pave the way for driverless...
Read more
Uber to invest $500 million in global mapping project -FT
NEW YORK, July 31 (Reuters) - Ride-hailing service Uber
has decided to invest $500 million into an ambitious
global mapping project to wean itself off dependence on Google
Maps and pave the way for...
Read more
has decided to invest $500 million into an ambitious
global mapping project to wean itself off dependence on Google
Maps and pave the way for...
Read more
RPT-INSIGHT-Iran's global banking problems deepen with rise of Trump, Brexit
LONDON/ANKARA, July 29 (Reuters) - Britain's vote to leave
the European Union and the rise of U.S. presidential nominee
Donald Trump have paralysed efforts by Western governments to
encourage already...
Read more
the European Union and the rise of U.S. presidential nominee
Donald Trump have paralysed efforts by Western governments to
encourage already...
Read more
RPT-Wall St Week Ahead-Data in focus as market struggles for direction
NEW YORK, July 29 (Reuters) - Wall Street, seeking direction
as the S&P 500 has been stuck in a narrow trading range for 12
days, will next week shift its attention from second-quarter
corporate...
Read more
as the S&P 500 has been stuck in a narrow trading range for 12
days, will next week shift its attention from second-quarter
corporate...
Read more
COLUMN-Paradise Lost? - The decline of the European ideal
BRUSSELS, July 31 (Reuters) - After years of dodging bullets
and muddling through, the European Union has taken one in the
chest with Britain's referendum vote to leave the prosperous
continental...
Read more
and muddling through, the European Union has taken one in the
chest with Britain's referendum vote to leave the prosperous
continental...
Read more
German authorities clear Opel diesel engines - report
FRANKFURT, July 31 (Reuters) - Germany's Federal Office for
Motor Vehicles has approved diesel engines of General Motors'
Opel unit, after initial doubts about whether the engine
control software...
Read more
Motor Vehicles has approved diesel engines of General Motors'
Opel unit, after initial doubts about whether the engine
control software...
Read more
Don't panic, Nigerian governor says, as bank shake-out looms
LAGOS, July 29 (Reuters) - Breaking the central bankers'
taboo on use of the 'p-word', Nigeria's Godwin Emefiele is
urging people not to panic about the banking system, saying he
is on top of any...
Read more
taboo on use of the 'p-word', Nigeria's Godwin Emefiele is
urging people not to panic about the banking system, saying he
is on top of any...
Read more
Saturday, July 30, 2016
Helicopter money talk takes flight as Bank of Japan runs out of runway
TOKYO, July 31 (Reuters) - The Bank of Japan's review of its
monetary stimulus programme promised for September has revived
expectations it could adopt some form of "helicopter money",
printing money...
Read more
monetary stimulus programme promised for September has revived
expectations it could adopt some form of "helicopter money",
printing money...
Read more
UPDATE 1-Chinese consortium agrees $4.4 bln deal for Caesars online games
July 30 (Reuters) - A Chinese consortium that includes game
developer Shanghai Giant Network Technology Co Ltd and
e-commerce company Alibaba Group Holding Ltd founder
Jack Ma has agreed to acquire...
Read more
developer Shanghai Giant Network Technology Co Ltd and
e-commerce company Alibaba Group Holding Ltd founder
Jack Ma has agreed to acquire...
Read more
UK firms expect growth to stagnate over next 3 months - CBI
LONDON, July 31 (Reuters) - British businesses expect
economic growth to grind almost to a halt over the next three
months due to weaker investment and consumer confidence after
June's vote to leave...
Read more
economic growth to grind almost to a halt over the next three
months due to weaker investment and consumer confidence after
June's vote to leave...
Read more
Chinese consortium agrees $4.4 bln deal for Caesars online games-sources
July 30 (Reuters) - A Chinese consortium that includes game
developer Shanghai Giant Network Technology Co Ltd and
e-commerce company Alibaba Group Holding Ltd founder
Jack Ma has agreed to acquire...
Read more
developer Shanghai Giant Network Technology Co Ltd and
e-commerce company Alibaba Group Holding Ltd founder
Jack Ma has agreed to acquire...
Read more
Pokemon GO players robbed at gunpoint in London park
LONDON, July 30 (Reuters) - Three teenagers playing the hit
game Pokemon GO have been robbed at gunpoint in a north London
park and forced to hand over their mobile phones, British police
said on...
Read more
game Pokemon GO have been robbed at gunpoint in a north London
park and forced to hand over their mobile phones, British police
said on...
Read more
UPDATE 1-UK's May made decision to delay Hinkley nuclear project -source
LONDON, July 30 (Reuters) - British Prime Minister Theresa
May personally intervened to delay the French and Chinese-backed
Hinkley Point nuclear project so she could further consider the
deal, a...
Read more
May personally intervened to delay the French and Chinese-backed
Hinkley Point nuclear project so she could further consider the
deal, a...
Read more
UK's May was unhappy with Chinese investment, Hinkley project - former colleague
LONDON, July 30 (Reuters) - Theresa May was unhappy with the
"gung-ho" approach her predecessor took to Chinese investment in
Britain, a former colleague said on Saturday, after the new
British prime...
Read more
"gung-ho" approach her predecessor took to Chinese investment in
Britain, a former colleague said on Saturday, after the new
British prime...
Read more
UPDATE 4-No clean bill of health for EU banks in stress test
* For a graphic on test results: http://tmsnrt.rs/2aey6Ld
(Adds graphic to bullet points; no change in text)
Read more
(Adds graphic to bullet points; no change in text)
Read more
Singapore c.bank says examining Goldman on work related to 1MDB bond deals
SINGAPORE, July 30 (Reuters) - Singapore's central bank said
on Saturday it is examining the extent of Goldman Sachs'
local unit's involvement in bond deals for Malaysian state
investor 1Malaysia...
Read more
on Saturday it is examining the extent of Goldman Sachs'
local unit's involvement in bond deals for Malaysian state
investor 1Malaysia...
Read more
Fosun strikes first Brazil deal with purchase of fund manager Rio Bravo
HONG KONG, July 30 (Reuters) - Fosun Group said on Saturday
it has agreed to buy Brazilian fund manager Rio Bravo
Investimentos, in the Chinese conglomerate's first acquisition
in Latin America.
Read more
it has agreed to buy Brazilian fund manager Rio Bravo
Investimentos, in the Chinese conglomerate's first acquisition
in Latin America.
Read more
Friday, July 29, 2016
UPDATE 1-U.S. authorities subpoena Goldman in 1MDB probe -WSJ
July 29 (Reuters) - U.S. authorities have issued subpoenas
to Goldman Sachs Group Inc for documents related to the
bank's dealings with scandal-hit Malaysian state fund 1MDB, the
Wall Street Journal...
Read more
to Goldman Sachs Group Inc for documents related to the
bank's dealings with scandal-hit Malaysian state fund 1MDB, the
Wall Street Journal...
Read more
U.S. authorities subpoena Goldman in 1MDB probe -WSJ
July 29 (Reuters) - U.S. authorities have issued subpoenas
to Goldman Sachs Group Inc for documents related to the
bank's dealings with scandal-hit Malaysian state fund 1MDB, the
Wall Street Journal...
Read more
to Goldman Sachs Group Inc for documents related to the
bank's dealings with scandal-hit Malaysian state fund 1MDB, the
Wall Street Journal...
Read more
DIARY-Top Economic Events to Aug 4
Political and general news
** This Diary is filed daily **
---------------------------------------------------------------
Read more
** This Diary is filed daily **
---------------------------------------------------------------
Read more
BRIEF-Adma Biologics receives CRL from FDA for pending biologics license application
* CRL did not cite any concerns with clinical safety and
efficacy data for ri-002 submitted by adma in bla
Read more
efficacy data for ri-002 submitted by adma in bla
Read more
UPDATE 1-Bayer says will halt future U.S. sales of insecticide
CHICAGO, July 29 (Reuters) - The agricultural unit of German
chemicals company Bayer AG will halt future U.S.
sales of an insecticide that can be used on more than 200 crops
after losing a fight with...
Read more
chemicals company Bayer AG will halt future U.S.
sales of an insecticide that can be used on more than 200 crops
after losing a fight with...
Read more
UPDATE 2-Tesla mulling two theories to explain 'Autopilot' crash: source
WASHINGTON, July 29 (Reuters) - Tesla Motors Inc
told U.S. Senate Commerce Committee staff it is considering two
theories that may help explain what led to the May 7 fatal crash
that killed a...
Read more
told U.S. Senate Commerce Committee staff it is considering two
theories that may help explain what led to the May 7 fatal crash
that killed a...
Read more
BRIEF-Elon musk says Tesla Minibus will be built on a Model X chassis - tweet
* Elon Musk tweet - Tesla Minibus will be built on a Model X
chassis
Further company coverage:
Read more
chassis
Further company coverage:
Read more
Mexico's Alpek to pay up to $700 mln for Petrobras' petchem assets- source
SAO PAULO, July 29 (Reuters) - Mexico's Alpek SA de CV
is expected to offer up to $700 million for
Brazilian state-run oil company Petroleo Brasileiro SA's
petrochemicals units in the northeastern...
Read more
is expected to offer up to $700 million for
Brazilian state-run oil company Petroleo Brasileiro SA's
petrochemicals units in the northeastern...
Read more
BRIEF-Immune Pharmaceuticals offers up to 3.2 mln shares
* Says it is offering up to 3.2 million shares of co's
common stock to institutional investors - SEC filing
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
common stock to institutional investors - SEC filing
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
UPDATE 2-DoubleLine's Gundlach says stock market frothy: 'Nothing looks good'
NEW YORK, July 29 (Reuters) - Jeffrey Gundlach, the chief
executive of DoubleLine Capital, said on Friday that many asset
classes look frothy and his firm continues to hold gold, a
traditional...
Read more
executive of DoubleLine Capital, said on Friday that many asset
classes look frothy and his firm continues to hold gold, a
traditional...
Read more
BRIEF-Sunoco Logistics sets new rates for Zydeco crude pipeline connection
HOUSTON, July 29 (Reuters) - Sunoco Logistics has
set a new pipeline tariff for crude shipments from its Nederland
terminal in Texas to Shell's Zydeco pipeline in Port Neches,
Texas, according to a...
Read more
set a new pipeline tariff for crude shipments from its Nederland
terminal in Texas to Shell's Zydeco pipeline in Port Neches,
Texas, according to a...
Read more
UPDATE 1-Speculators raise U.S. dollar net longs to highest since Feb -CFTC, Reuters
(Adds comment, background, table)
By Dion Rabouin
NEW YORK, July 29 (Reuters) - Speculators raised bullish
U.S. dollar bets this week to the highest level in nearly five
months, as investors...
Read more
By Dion Rabouin
NEW YORK, July 29 (Reuters) - Speculators raised bullish
U.S. dollar bets this week to the highest level in nearly five
months, as investors...
Read more
BRIEF-Delta air lines sets quarterly dividend of $0.2025/share
* Sets quarterly dividend of $0.2025 per share
Source text for Eikon:
Further company coverage:
Read more
Source text for Eikon:
Further company coverage:
Read more
UPDATE 1-Delaware judge proposes October trial over removal of Viacom directors
July 29 (Reuters) - A Delaware judge on Friday ruled that
Sumner Redstone's lawyers must defend in a trial his move to
oust five directors from Viacom Inc's board.
Read more
Sumner Redstone's lawyers must defend in a trial his move to
oust five directors from Viacom Inc's board.
Read more
U.S. extends oversight of Fiat Chrysler safety practices for additional year
WASHINGTON, July 29 (Reuters) - U.S. auto safety regulators
said Friday they were extending oversight of Fiat Chrysler
Automobiles NV for an additional year, requiring the
Italian-American automaker...
Read more
said Friday they were extending oversight of Fiat Chrysler
Automobiles NV for an additional year, requiring the
Italian-American automaker...
Read more
U.S. oil drillers add rigs for fifth week in a row -Baker Hughes
July 29 (Reuters) - U.S. drillers this week added oil rigs
for a fifth consecutive week, Baker Hughes Inc said on
Friday, but the oilfield services provider and some analysts
cast doubts on a...
Read more
for a fifth consecutive week, Baker Hughes Inc said on
Friday, but the oilfield services provider and some analysts
cast doubts on a...
Read more
EU mergers and takeovers (July 29)
BRUSSELS, July 29 (Reuters) - The following are mergers
under review by the European Commission and a brief guide to the
EU merger process:
Read more
under review by the European Commission and a brief guide to the
EU merger process:
Read more
UPDATE 2-SABMiller backs AB InBev offer for biggest-ever consumer merger
LONDON, July 29 (Reuters) - The board of brewer SABMiller
will recommend its shareholders approve a sweetened
takeover offer by Anheuser Busch InBev, the company
said on Friday, capping a week of...
Read more
will recommend its shareholders approve a sweetened
takeover offer by Anheuser Busch InBev, the company
said on Friday, capping a week of...
Read more
WRAPUP 2-Oil rout erodes 2nd-qtr profits for U.S. majors Exxon, Chevron
HOUSTON, July 29 (Reuters) - Chevron Corp posted its
worst quarterly loss since 2001 on Friday and Exxon Mobil Corp
reported a 59 percent slide in quarterly profit, both
victims of a prolonged rout...
Read more
worst quarterly loss since 2001 on Friday and Exxon Mobil Corp
reported a 59 percent slide in quarterly profit, both
victims of a prolonged rout...
Read more
BRIEF-SABMiller says board to recommend final AB InBev offer
* Board has now met formally to consider revised and final
offer for entire issued and to be issued share capital of
SABMiller as announced by Anheuser-Busch Inbev SA/NV on July 26
2016
Read more
offer for entire issued and to be issued share capital of
SABMiller as announced by Anheuser-Busch Inbev SA/NV on July 26
2016
Read more
BRIEF-Anavex confirms data from Phase 2a study of ANAVEX 2-73 in Alzheimer's patients presented at AAIC 2016
* Anavex "remains dedicated" to advancing ANAVEX 2-73 and
will be reporting new data to investors as it becomes available
Read more
will be reporting new data to investors as it becomes available
Read more
UPDATE 2-NextEra to buy bankrupt Energy Future Holdings, its Oncor stake
* NextEra unit to sell 2 Pennsylvania plants
(Adds NextEra Resources deal, details, background)
Read more
(Adds NextEra Resources deal, details, background)
Read more
UPDATE 1-Enbridge profit misses, hurt by Fort McMurray wildfire
July 29 (Reuters) - Enbridge Inc , Canada's
largest pipeline company, reported a slightly
lower-than-expected profit as the company's liquids pipeline
business was hit by a massive wildfire in Fort...
Read more
largest pipeline company, reported a slightly
lower-than-expected profit as the company's liquids pipeline
business was hit by a massive wildfire in Fort...
Read more
Brazil airline Gol swaps CFO and board members amid restructuring
SAO PAULO, July 29 (Reuters) - Brazilian airline Gol is
bringing back the chief financial officer who took the company
public and naming two new board members amid a tough debt
restructuring that has...
Read more
bringing back the chief financial officer who took the company
public and naming two new board members amid a tough debt
restructuring that has...
Read more
UPDATE 1-Insurer Cigna's profit misses estimates as medical costs rise
July 29 (Reuters) - Health insurer Cigna Corp
reported a lower-than-expected quarterly profit on Friday due to
a rise in medical costs in its business that sells plans under
the Affordable Care Act...
Read more
reported a lower-than-expected quarterly profit on Friday due to
a rise in medical costs in its business that sells plans under
the Affordable Care Act...
Read more
UPDATE 2-Romania arrests central bank deputy governor in graft investigation
* Romania holds rate-setting meeting on Aug. 4 without
Olteanu
(Adds detail, central bank, background)
Read more
Olteanu
(Adds detail, central bank, background)
Read more
Greek retail sales fall 6.4 pct y/y in May, led by fuels
ATHENS, July 29 (Reuters) - Greek retail sales by volume
dropped 6.4 percent in May compared to the same month a year ago
after a downwardly revised 2.0 percent slide in April,
statistics service...
Read more
dropped 6.4 percent in May compared to the same month a year ago
after a downwardly revised 2.0 percent slide in April,
statistics service...
Read more
GLOBAL MARKETS-Yen, bond yields rise as Bank of Japan action underwhelms
LONDON, July 29 (Reuters) - The yen jumped on Friday and the
biggest rise in Japanese government bond yields in years lifted
sovereign borrowing costs around the world, after the Bank of
Japan's...
Read more
biggest rise in Japanese government bond yields in years lifted
sovereign borrowing costs around the world, after the Bank of
Japan's...
Read more
Indonesia to start producing natural gas from two projects - official
JAKARTA, July 29 (Reuters) - Indonesia expects to start
natural gas production from two deepwater fields this year and
next, even as major oil companies are reviewing economics for
other projects, a...
Read more
natural gas production from two deepwater fields this year and
next, even as major oil companies are reviewing economics for
other projects, a...
Read more
Thursday, July 28, 2016
REUTERS INSIDER LIVE-Watch BOJ governor's press conference (Japanese only)
Bank of Japan Governor Haruhiko Kuroda delivers his
post-policy meeting press conference. Japanese language only.
Read more
post-policy meeting press conference. Japanese language only.
Read more
Axa and China's Alibaba enter into global partnership
PARIS, July 29 (Reuters) - AXA on Friday said it
had forged a global partnership with Chinese e-commerce giant
Alibaba and its Ant Financial Services unit to
distribute the French insurance group's...
Read more
had forged a global partnership with Chinese e-commerce giant
Alibaba and its Ant Financial Services unit to
distribute the French insurance group's...
Read more
Wholesale California gasoline prices plunge, consumers still pay up
HOUSTON, July 29 (Reuters) - Wholesale gasoline in
California became the cheapest in the country this week, but
that change has largely gone unseen at the pump, where consumers
are still paying the...
Read more
California became the cheapest in the country this week, but
that change has largely gone unseen at the pump, where consumers
are still paying the...
Read more
Safran H1 core income up 11.8 percent
PARIS, July 29 (Reuters) - France's Safran posted
an 11.8 percent rise in first-half core profit on Friday, driven
by demand for aircraft equipment like wheels and brakes, and
reaffirmed core...
Read more
an 11.8 percent rise in first-half core profit on Friday, driven
by demand for aircraft equipment like wheels and brakes, and
reaffirmed core...
Read more
BRIEF-BOJ quarterly report: Japan to see CPI reach 2 pct during fiscal 2017
* BOJ: there is strong uncertainty on timing for hitting 2
percent target mainly due to overseas risks
Read more
percent target mainly due to overseas risks
Read more
Australia Pacific LNG boosts Origin Energy's output, but price drops
MELBOURNE, July 29 (Reuters) - Origin Energy, a
co-owner of the Australia Pacific LNG project, said APLNG's
sales volumes rose 28 percent but prices fell 15 percent in the
June quarter, and the...
Read more
co-owner of the Australia Pacific LNG project, said APLNG's
sales volumes rose 28 percent but prices fell 15 percent in the
June quarter, and the...
Read more
RUBBER-Tokyo futures edge lower on higher yen ahead of BOJ decision
TOKYO, July 29 (Reuters) - Benchmark TOCOM rubber futures
edged lower on Friday, weighed down by a higher yen ahead of a
Bank of Japan policy decision due later in the day as well as
falling oil...
Read more
edged lower on Friday, weighed down by a higher yen ahead of a
Bank of Japan policy decision due later in the day as well as
falling oil...
Read more
Japan's MUFG agrees to buy Guggenheim's fund administration business
TOKYO, July 29 (Reuters) - Mitsubishi UFJ Financial Group
(MUFG) has agreed to buy a fund administration business
from Chicago-based investment and advisory firm Guggenheim
Partners, extending a...
Read more
(MUFG) has agreed to buy a fund administration business
from Chicago-based investment and advisory firm Guggenheim
Partners, extending a...
Read more
BRIEF-Vse Q2 EPS $1.10
* Q2 revenue $160 million versus $131 million
Source text for Eikon:
Further company coverage:
)
Read more
Source text for Eikon:
Further company coverage:
)
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UPDATE 3-Amazon tops Wall Street targets, lifted by cloud revenue
July 28 (Reuters) - Amazon.com Inc posted strong
results across its older and newer businesses on Thursday as
global Web retail sales and cloud services topped Wall Street
targets and the world's...
Read more
results across its older and newer businesses on Thursday as
global Web retail sales and cloud services topped Wall Street
targets and the world's...
Read more
UPDATE 1-America Movil profit almost halves on Mexico competition
MEXICO CITY, July 28 (Reuters) - Mexican telecoms company
America Movil on Thursday reported a 45 percent drop in
second-quarter net profit compared with the same period a year
earlier, hit by...
Read more
America Movil on Thursday reported a 45 percent drop in
second-quarter net profit compared with the same period a year
earlier, hit by...
Read more
BRIEF-Pdf Solutions says Q2 gaap earnings per share $0.07
* Q2 earnings per share view $0.18 -- Thomson Reuters
I/B/E/S
Source text for Eikon:
Further company coverage:
Read more
I/B/E/S
Source text for Eikon:
Further company coverage:
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Monte dei Paschi says considering letters from by Passera, UBS
MILAN, July 28 (Reuters) - Italy's Monte dei Paschi di Siena
said on Thursday it had received two letters from
former Italian industry minister Corrado Passera and Swiss bank
UBS, amid reports that...
Read more
said on Thursday it had received two letters from
former Italian industry minister Corrado Passera and Swiss bank
UBS, amid reports that...
Read more
Three banks opt out of Monte dei Paschi's proposed 5 bln euro cash call - source
LONDON, July 28 (Reuters) - Morgan Stanley and
Italian lenders UniCredit and Intesa SanPaolo
have rebuffed a proposal by Italy's third-largest lender, Banca
Monte dei Paschi di Siena, to back its...
Read more
Italian lenders UniCredit and Intesa SanPaolo
have rebuffed a proposal by Italy's third-largest lender, Banca
Monte dei Paschi di Siena, to back its...
Read more
Egypt's IMF talks give hope but only reform will trigger investment
CAIRO, July 28 (Reuters) - The prospect of a $12 billion IMF
loan has boosted the mood in Egyptian business circles but it
will not translate into foreign investment or inflows until
Cairo implements...
Read more
loan has boosted the mood in Egyptian business circles but it
will not translate into foreign investment or inflows until
Cairo implements...
Read more
BRIEF-Daetwyler says is considering options regarding offer for Premier Farnell
* Notes announcements by boards of Avnet, Inc. and Premier
Farnell regarding cash offer for Premier Farnell
Read more
Farnell regarding cash offer for Premier Farnell
Read more
U.S. to sell $69 billion in 3-month, 6-month bills next week
WASHINGTON, July 28 (Reuters) - For details of the U.S.
Treasury's auction of 3-month and 6-month bills next week, see:
Read more
Treasury's auction of 3-month and 6-month bills next week, see:
Read more
Q&A-Big ideas about life lessons with Donny Deutsch
(The writer is a Reuters contributor. The opinions expressed
are his own.)
By Chris Taylor
NEW YORK, July 28 (Reuters) - Donny Deutsch pops up pretty
much everywhere in the American...
Read more
are his own.)
By Chris Taylor
NEW YORK, July 28 (Reuters) - Donny Deutsch pops up pretty
much everywhere in the American...
Read more
BRIEF-Peak Resorts names Christopher Bub chief accounting officer
* Peak Resorts promotes Christopher J. Bub to vice president
and chief accounting officer
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
and chief accounting officer
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
UPDATE 1-U.S. biotech Celgene raises forecast as profit beats Street
July 28 (Reuters) - U.S. biotechnology company Celgene Corp
reported a better-than-expected quarterly profit and
raised its adjusted earnings forecast for 2016 due to higher
demand for its key...
Read more
reported a better-than-expected quarterly profit and
raised its adjusted earnings forecast for 2016 due to higher
demand for its key...
Read more
BRIEF-Unilife Corp makes interim CEO permanent
* Updates on investigation on may 8 into violations of
policies, possible violations of law company's former ceo and
chairman
Read more
policies, possible violations of law company's former ceo and
chairman
Read more
RPT-Bytes and barrels: the origins of oil traders' love of Yahoo
NEW YORK, July 28 (Reuters) - For the oil industry, Yahoo
Inc's decision this week to sell its core business to
Verizon Communications Inc for $4.8 billion does not
matter all that much. Their world...
Read more
Inc's decision this week to sell its core business to
Verizon Communications Inc for $4.8 billion does not
matter all that much. Their world...
Read more
Pottermania awakens as new play, book, film revive magical world
LOS ANGELES/NEW YORK, July 28 (Reuters) - It's been five
years since fans of "Harry Potter" tearfully said goodbye to the
boy wizard they had grown up with, but a new play, book release
and spin-off...
Read more
years since fans of "Harry Potter" tearfully said goodbye to the
boy wizard they had grown up with, but a new play, book release
and spin-off...
Read more
BRIEF-Wells fargo said to face U.S. probe over soldiers' car seizures- Bloomberg
* U.S. government and Wells Fargo have begun discussing how
to compensate borrowers who might have been affected- Bloomberg,
citing sources
Read more
to compensate borrowers who might have been affected- Bloomberg,
citing sources
Read more
AstraZeneca a takeover target again? CEO not commenting
LONDON, July 28 (Reuters) - AstraZeneca declined to
comment on Thursday on whether the drugmaker could become a
takeover target once more, two years after it saw off a bid from
Pfizer.
Read more
comment on Thursday on whether the drugmaker could become a
takeover target once more, two years after it saw off a bid from
Pfizer.
Read more
MEG Energy reports loss due to crude price slump
July 28 (Reuters) - Canadian oil sands producer MEG Energy
Corp reported a quarterly loss, compared with a profit
a year earlier, hurt by a prolonged slump in crude prices.
Read more
Corp reported a quarterly loss, compared with a profit
a year earlier, hurt by a prolonged slump in crude prices.
Read more
Euro zone sentiment improves in July, but EU down on Brexit
BRUSSELS, July 28 (Reuters) - Euro zone economic sentiment
improved in July, defying market expectations of a decline, but
economic sentiment in the wider 28-nation European Union fell in
reaction to...
Read more
improved in July, defying market expectations of a decline, but
economic sentiment in the wider 28-nation European Union fell in
reaction to...
Read more
China issues regulations for online ride-hailing services
BEIJING, July 28 (Reuters) - China has issued the final
version of a policy to regulate booming online-ride hailing
services, according to a document made public on Thursday, for a
sector in which...
Read more
version of a policy to regulate booming online-ride hailing
services, according to a document made public on Thursday, for a
sector in which...
Read more
European shares slip as Dialog dives while Shell slides
LONDON, July 28 (Reuters) - European shares retreated on
Thursday, weighed down by some weak corporate updates out from
the likes of Dialog Semiconductor and oil major Royal
Dutch Shell.
Read more
Thursday, weighed down by some weak corporate updates out from
the likes of Dialog Semiconductor and oil major Royal
Dutch Shell.
Read more
UPDATE 1-UK Stocks-Factors to watch on July 28
July 28 (Reuters) - Britain's FTSE 100 index is seen opening flat,
according to financial bookmakers. Futures were marginally lower at 0650
GMT, ahead of the cash market open.
Read more
according to financial bookmakers. Futures were marginally lower at 0650
GMT, ahead of the cash market open.
Read more
Wednesday, July 27, 2016
Short-term JGB yields rise as weak auction rattles nerves ahead of BOJ decision
TOKYO, July 28 (Reuters) - Short-term Japanese government
bond yields rose on Thursday after results of a two-year note
auction were surprisingly weak, making investors even more
nervous ahead of a...
Read more
bond yields rose on Thursday after results of a two-year note
auction were surprisingly weak, making investors even more
nervous ahead of a...
Read more
Technip upgrades 2016 target, costs savings ahead of schedule
PARIS, July 28 (Reuters) - French oil services company
Technip said on Thursday plans to cut spending due to
the fall in oil prices was ahead of schedule as it reported a
better-than-expected second...
Read more
Technip said on Thursday plans to cut spending due to
the fall in oil prices was ahead of schedule as it reported a
better-than-expected second...
Read more
Asciano $6.8 bln buyout clears final hurdle with Australian court approval
SYDNEY, July 28 (Reuters) - A A$9.1 billion ($6.8 billion)
buyout of Australian port and rail freight giant Asciano Ltd
by global investors was approved by a court on
Thursday, clearing the final...
Read more
buyout of Australian port and rail freight giant Asciano Ltd
by global investors was approved by a court on
Thursday, clearing the final...
Read more
BRIEF-Tactile Systems priced its IPO at $10.00 per share
* Priced its IPO of 4 million shares of common stock at a
public offering price of $10.00 per share.
Read more
public offering price of $10.00 per share.
Read more
UPDATE 2-Suncor turns to loss as wildfire shutdown drags on earnings
VANCOUVER, July 27 (Reuters) - Suncor Energy Inc,
Canada's largest oil and gas company, reported a second-quarter
loss on Wednesday, as it was hit by a significant decline in oil
sand production due...
Read more
Canada's largest oil and gas company, reported a second-quarter
loss on Wednesday, as it was hit by a significant decline in oil
sand production due...
Read more
AllianceBernstein says will not proceed with Visium deal
July 27 (Reuters) - Asset manager AllianceBernstein Holding
LP said on Wednesday it will not proceed with a deal to
buy a fund from hedge fund Visium Asset Management LP.
Read more
LP said on Wednesday it will not proceed with a deal to
buy a fund from hedge fund Visium Asset Management LP.
Read more
DIARY-Top Economic Events to Aug 4
Political and general news
** This Diary is filed daily **
---------------------------------------------------------------
THURSDAY, JULY 28
NEW HAVEN, United States - European Central...
Read more
** This Diary is filed daily **
---------------------------------------------------------------
THURSDAY, JULY 28
NEW HAVEN, United States - European Central...
Read more
DIARY-Emerging Markets Economic Events to Aug 9
** This Diary is filed daily ***
----------------------------------------------------------------
Read more
----------------------------------------------------------------
Read more
BRIEF-Brazil's Vale says to provision of 3.7 bln reais for Samarco - filing
July 27 (Reuters) - Brazilian iron ore miner Vale SA
says on Wednesday it will make a 3.7 bln real
provision in the second quarter for the Samarco tailings dam
burst agreement
Read more
says on Wednesday it will make a 3.7 bln real
provision in the second quarter for the Samarco tailings dam
burst agreement
Read more
Miner Goldcorp reports second-quarter loss as production falls
July 27 (Reuters) - Goldcorp Inc reported a
second-quarter net loss on Wednesday on the back of lower gold
production. The Canadian miner also said it would go ahead with
expansions at its Penasquito...
Read more
second-quarter net loss on Wednesday on the back of lower gold
production. The Canadian miner also said it would go ahead with
expansions at its Penasquito...
Read more
BRIEF-Patriot Transportation reports Q3 EPS $0.42
* Patriot transportation holding, inc. announces results for
the third quarter of fiscal 2016
Read more
the third quarter of fiscal 2016
Read more
BRIEF-Ethan Allen Interiors declares cash dividend of $0.17/share
* Board of directors has declared a regular quarterly cash
dividend of $0.17 per share
Source text for Eikon:
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dividend of $0.17 per share
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
BRIEF-Sofinnova Venture Partners reports 6.6 pct passive stake in Audentes Therapeutics
* Sofinnova Venture Partners reports 6.6 pct passive stake
in Audentes Therapeutics as of July 20 - SEC filing
Source text: http://bit.ly/2aKKMdl
Further company coverage:
(Bengaluru Newsroom +91...
Read more
in Audentes Therapeutics as of July 20 - SEC filing
Source text: http://bit.ly/2aKKMdl
Further company coverage:
(Bengaluru Newsroom +91...
Read more
UPDATE 1-Teva purchase of Allergan generics business gets OK with conditions
WASHINGTON, July 27 (Reuters) - Teva Pharmaceutical
Industries Ltd won U.S. antitrust approval to purchase
Allergan Plc's generics business, after agreeing to
divest more than 75 generic drugs to...
Read more
Industries Ltd won U.S. antitrust approval to purchase
Allergan Plc's generics business, after agreeing to
divest more than 75 generic drugs to...
Read more
BRIEF-Heartland Advisors reports 13.6 pct stake in Perma-Fix Environmental Services, may talk to co
July 27 (Reuters) - Heartland Advisors, Inc. Reports 13.6
Pct Stake In Perma-fix Environmental Services Inc
Read more
Pct Stake In Perma-fix Environmental Services Inc
Read more
As Wall St hits highs, some investors await transport catch-up
NEW YORK, July 27 (Reuters) - With the Dow industrials and
S&P 500 indexes setting new all-time records in the past month,
some investors are waiting for a key group of transportation
stocks to hit...
Read more
S&P 500 indexes setting new all-time records in the past month,
some investors are waiting for a key group of transportation
stocks to hit...
Read more
BRIEF-Schlumberger sees fy 2016 capital expenditures to be about $2.2 bln
* Schlumberger Says Fy 2016 Capital Expenditures Expected To
Be About $2.2 Bln As Compared To Expenditures Of $2.4 Bln In
2015 - Sec filing
Source text : http://bit.ly/2ahcNeq
Further company...
Read more
Be About $2.2 Bln As Compared To Expenditures Of $2.4 Bln In
2015 - Sec filing
Source text : http://bit.ly/2ahcNeq
Further company...
Read more
Conspiracy theories flourish after Turkey's failed coup
ISTANBUL/ANKARA, July 27 (Reuters) - Turkey's failed coup
was financed by the CIA and directed by a retired U.S. army
general using a cell in Afghanistan, said one Turkish
pro-government newspaper....
Read more
was financed by the CIA and directed by a retired U.S. army
general using a cell in Afghanistan, said one Turkish
pro-government newspaper....
Read more
BRIEF-Comcast CEO Brian Roberts says not looking for acquisitions in wireless market - CNBC
* Comcast CEO Brian Roberts says not looking for
acquisitions in wireless market - CNBC
(Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223
8780)
Read more
acquisitions in wireless market - CNBC
(Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223
8780)
Read more
UPDATE 2-Anthem vows to fight for Cigna deal; profit beats estimates
July 27 (Reuters) - Health insurer Anthem Inc on
Wednesday said it was committed to its planned acquisition of
Cigna Corp and again vowed to fight U.S. government
efforts to block the deal, saying...
Read more
Wednesday said it was committed to its planned acquisition of
Cigna Corp and again vowed to fight U.S. government
efforts to block the deal, saying...
Read more
CANADA STOCKS-TSX rises with resource gains, earnings beats
TORONTO, July 27 (Reuters) - Canada's main stock index
opened higher on Wednesday, buoyed by gains for gold miners and
other resource stocks as well as several consumer and technology
names that beat...
Read more
opened higher on Wednesday, buoyed by gains for gold miners and
other resource stocks as well as several consumer and technology
names that beat...
Read more
UPDATE 2-Mexico Cemex's profit jumps, aided by U.S., Mexico sales growth
July 27 (Reuters) - Mexico's Cemex, one of the
world's largest cement producers, said on Wednesday its net
profit soared a stronger-than-expected 81 percent in the second
quarter, helped by a jump in...
Read more
world's largest cement producers, said on Wednesday its net
profit soared a stronger-than-expected 81 percent in the second
quarter, helped by a jump in...
Read more
UPDATE 1-Comcast profit drops on film sales, beats Wall Street estimates
NEW YORK, July 27 (Reuters) - Comcast Corp
reported a 5 percent drop in quarterly profit on Wednesday, hurt
by lower film division sales, but managed to beat Wall Street
expectations due to growth...
Read more
reported a 5 percent drop in quarterly profit on Wednesday, hurt
by lower film division sales, but managed to beat Wall Street
expectations due to growth...
Read more
Coca-Cola quarterly revenue drops 5.1 pct
July 27 (Reuters) - Coca-Cola Co reported a 5.1
percent drop in quarterly revenue, citing "difficult external
conditions" in many of its emerging and developing markets,
including China and Argentina.
Read more
percent drop in quarterly revenue, citing "difficult external
conditions" in many of its emerging and developing markets,
including China and Argentina.
Read more
Comcast profit drops on film sales, beats Wall Street estimates
NEW YORK, July 27 (Reuters) - Comcast Corp
reported a 5 percent drop in quarterly profit on Wednesday, hurt
by lower film division sales, but managed to beat Wall Street
expectations due to growth...
Read more
reported a 5 percent drop in quarterly profit on Wednesday, hurt
by lower film division sales, but managed to beat Wall Street
expectations due to growth...
Read more
UK retailers saw biggest fall in sales in 4 years after Brexit vote
LONDON, July 27 (Reuters) - British retailers suffered the
sharpest fall in sales in four years following the June 23 vote
to leave the European Union, the Confederation of British
Industry said on...
Read more
sharpest fall in sales in four years following the June 23 vote
to leave the European Union, the Confederation of British
Industry said on...
Read more
UAE's property loans improving despite price slide -IMF
DUBAI, July 27 (Reuters) - The quality of real estate loans
in the United Arab Emirates has continued to improve despite
sliding home prices, the International Monetary Fund said, in a
sign that the...
Read more
in the United Arab Emirates has continued to improve despite
sliding home prices, the International Monetary Fund said, in a
sign that the...
Read more
UPDATE 1-European shares rise as luxury stocks, autos gain on results
* France's Ingenico Group slumps after H1 results
(Adds company news and quotes, updates prices)
Read more
(Adds company news and quotes, updates prices)
Read more
GLOBAL MARKETS-European stocks rise, Asia lifted by Japan stimulus
LONDON, July 27 (Reuters) - Stocks rose in Europe and Asia
on Wednesday while the yen sank against the dollar, after Prime
Minister Shinzo Abe said his government would present a $265
billion...
Read more
on Wednesday while the yen sank against the dollar, after Prime
Minister Shinzo Abe said his government would present a $265
billion...
Read more
Egypt stock market jumps on news of IMF loan talks
DUBAI, July 27 (Reuters) - Egypt's stock market rose sharply
early on Wednesday in response to news that Cairo was near
agreeing an International Monetary Fund lending programme.
Read more
early on Wednesday in response to news that Cairo was near
agreeing an International Monetary Fund lending programme.
Read more
Sterling edges down as traders await UK GDP data
LONDON, July 27 (Reuters) - Sterling slipped against the
dollar and euro on Wednesday as traders awaited British second
quarter economic growth data, though the backward-looking focus
of the numbers...
Read more
dollar and euro on Wednesday as traders awaited British second
quarter economic growth data, though the backward-looking focus
of the numbers...
Read more
Swiss stocks - Factors to watch on July 27
ZURICH, July 27 (Reuters) - The Swiss blue-chip SMI
was seen opening 0.2 percent higher at 8,247 points on
Wednesday, according to premarket indications by bank Julius
Baer.
Read more
was seen opening 0.2 percent higher at 8,247 points on
Wednesday, according to premarket indications by bank Julius
Baer.
Read more
UPDATE 1-Bayer drugs secure earnings beat, offset weak crop chems
* Shares seen up 0.7 pct in premarket trades
(Adds details on Xarelto, Eylea, Crop Chemicals unit,
background on Monsanto)
Read more
(Adds details on Xarelto, Eylea, Crop Chemicals unit,
background on Monsanto)
Read more
Tuesday, July 26, 2016
WRAPUP 1-Abe says Japan to compile $265 bln stimulus, puts policy pressure on BOJ
TOKYO, July 27 (Reuters) - Japanese Prime Minister Shinzo
Abe said on Wednesday his government would compile a stimulus
package of more than $265 billion to reflate the flagging
economy, media...
Read more
Abe said on Wednesday his government would compile a stimulus
package of more than $265 billion to reflate the flagging
economy, media...
Read more
GlaxoSmithKline invests $360 mln in post-Brexit UK manufacturing
LONDON, July 27 (Reuters) - GlaxoSmithKline plans
275 million pounds ($361 million) of new investments at three
drug manufacturing sites in Britain, signalling its confidence
in the country despite...
Read more
275 million pounds ($361 million) of new investments at three
drug manufacturing sites in Britain, signalling its confidence
in the country despite...
Read more
Nikkei climbs on report PM Abe to announce 27 trln yen stimulus package
TOKYO, July 27 (Reuters) - Japan's Nikkei share average rose
more than 2.5 percent on Wednesday afternoon after Fuji TV
reported that Prime Minister Shinzo Abe will announce an
economic stimulus...
Read more
more than 2.5 percent on Wednesday afternoon after Fuji TV
reported that Prime Minister Shinzo Abe will announce an
economic stimulus...
Read more
UPDATE 1-Japan PM Abe to announce $255 bln stimulus package Wed - Fuji TV
TOKYO, July 27 (Reuters) - Japanese Prime Minister Shinzo
Abe is planning a stimulus package with a headline figure of
$255 billion to reflate the flagging economy, Fuji TV said,
though it is...
Read more
Abe is planning a stimulus package with a headline figure of
$255 billion to reflate the flagging economy, Fuji TV said,
though it is...
Read more
BRIEF-Brazil's CNova unit finishes internal investigation - GPA
* Brazil's Companhia Brasileira de Distribuicao, also known
as GPA SA, Brazil's largest retailer, said the
internal investigation into the group's subsidiary CNova Brasil
had finished
Read more
as GPA SA, Brazil's largest retailer, said the
internal investigation into the group's subsidiary CNova Brasil
had finished
Read more
RPT-Losing the X-factor: Hyundai fumbles in U.S. as former hit car Elantra stalls
SEOUL, July 27 (Reuters) - At last February's Super Bowl,
Hyundai Motor hired 'X-Men' movie star Ryan Reynolds
for an ad plugging the new version of its Elantra sedan. Not in
the script: a slide in...
Read more
Hyundai Motor hired 'X-Men' movie star Ryan Reynolds
for an ad plugging the new version of its Elantra sedan. Not in
the script: a slide in...
Read more
State Street to pay $530 mln to resolve forex fraud claims
July 26 (Reuters) - Custody bank State Street Corp
said it has agreed to resolve all pending litigation and
regulatory matters in the United States related to its indirect
foreign exchange business.
Read more
said it has agreed to resolve all pending litigation and
regulatory matters in the United States related to its indirect
foreign exchange business.
Read more
RPT-COLUMN-Why haven't oil prices fallen further as hedge funds boost short positions? Kemp
LONDON, July 26 (Reuters) - Hedge funds and other money
managers have begun to amass another large short position in
futures and options contracts linked to the price of crude oil.
Read more
managers have begun to amass another large short position in
futures and options contracts linked to the price of crude oil.
Read more
UPDATE 2-Tesla's Musk says master plan will require capital raise
SPARKS, Nevada, July 26 (Reuters) - Tesla Motors Inc's
"master plan" to broaden the electric vehicle maker's
product line could cost "tens of billions" of dollars over time
and would likely require...
Read more
"master plan" to broaden the electric vehicle maker's
product line could cost "tens of billions" of dollars over time
and would likely require...
Read more
DIARY-Top Economic Events to Aug 4
Political and general news
** This Diary is filed daily **
---------------------------------------------------------------
WEDNESDAY, JULY 27
WASHINGTON - U.S. Federal Reserve's Federal...
Read more
** This Diary is filed daily **
---------------------------------------------------------------
WEDNESDAY, JULY 27
WASHINGTON - U.S. Federal Reserve's Federal...
Read more
UPDATE 3-VW's $14.7 bln diesel U.S. emissions settlement clears hurdle
WASHINGTON, July 26 (Reuters) - Volkswagen AG's
$14.7 billion settlement of its U.S. diesel emissions cheating
scandal cleared another legal hurdle on Tuesday, as a federal
judge gave the automaker...
Read more
$14.7 billion settlement of its U.S. diesel emissions cheating
scandal cleared another legal hurdle on Tuesday, as a federal
judge gave the automaker...
Read more
UPDATE 2-Third Point's 1st-half returns boosted by energy credit investments
NEW YORK, July 26 (Reuters) - Daniel Loeb's $16 billion
Third Point LLC said on Tuesday that the firm's investments in
energy credits drove positive returns during the first half of
the year and is...
Read more
Third Point LLC said on Tuesday that the firm's investments in
energy credits drove positive returns during the first half of
the year and is...
Read more
Telefonica Brasil profit slide 23 pct in 2nd quarter
SAO PAULO, July 26 (Reuters) - Telefonica Brasil SA
, the biggest telecommunications company in the
country, reported on Tuesday that second-quarter net income fell
23 percent from a year earlier,...
Read more
, the biggest telecommunications company in the
country, reported on Tuesday that second-quarter net income fell
23 percent from a year earlier,...
Read more
Venezuela sees opportunity to tap international debt markets
CARACAS, July 26 (Reuters) - Declining risk premiums on
Venezuelan debt have opened the door for the South American
nation to borrow on international capital markets, economy Vice
President Miguel...
Read more
Venezuelan debt have opened the door for the South American
nation to borrow on international capital markets, economy Vice
President Miguel...
Read more
UPDATE 2-U.S. report says Tesla in fatal Autopilot crash was speeding
WASHINGTON, July 26 (Reuters) - A driver killed in the May 7
crash of a Tesla Motors Inc car while using Autopilot
driving-assist software was exceeding the speed limit, U.S.
highway safety...
Read more
crash of a Tesla Motors Inc car while using Autopilot
driving-assist software was exceeding the speed limit, U.S.
highway safety...
Read more
BRIEF-Aehr Test Systems reports Q4 adj. loss $0.21/shr
* Aehr Test Systems reports financial results for the fourth
quarter and fiscal year ended may 31, 2016
Read more
quarter and fiscal year ended may 31, 2016
Read more
GLOBAL MARKETS-Yen jumps before Bank of Japan meeting, oil mixed
NEW YORK, July 26 (Reuters) - A buoyant yen and U.S. oil
prices at three-month lows kept stock markets on the defensive
on Tuesday as investors awaited central bank meetings this week
that will...
Read more
prices at three-month lows kept stock markets on the defensive
on Tuesday as investors awaited central bank meetings this week
that will...
Read more
Brazil's Energisa offering seen pricing at 18.50 reais -sources
SAO PAULO, July 26 (Reuters) - Energisa SA, Brazil's
sixth-largest power distributor, is expected on Tuesday to price
an offering of units at 18.50 reais each, closer to the upper
end of a suggested...
Read more
sixth-largest power distributor, is expected on Tuesday to price
an offering of units at 18.50 reais each, closer to the upper
end of a suggested...
Read more
BRIEF-BB&T Corp increases quarterly dividend by 7 pct to $0.30 per share
* BB&T Corp says in addition, board authorized a cumulative
share buyback of up to $640 million during four quarters
beginning in Q3 of 2016
Read more
share buyback of up to $640 million during four quarters
beginning in Q3 of 2016
Read more
BRIEF-Mitra to acquire 100% interest in Stag Oilfield
* Mitra has identified various cost reduction measures to
continue to lower operating costs for Stag Oilfield
Read more
continue to lower operating costs for Stag Oilfield
Read more
UPDATE 1-Fiat's U.S. unit to change the way it reports vehicle sales
July 26 (Reuters) - The U.S. arm of Fiat Chrysler
Automobiles , said it would change the way it
reports monthly U.S. vehicle sales, following claims of inflated
sales.
Read more
Automobiles , said it would change the way it
reports monthly U.S. vehicle sales, following claims of inflated
sales.
Read more
UPDATE 6-Verizon posts subscriber gain shortfall, says Yahoo to fuel media push
July 26 (Reuters) - Verizon Communications Inc
disappointed Wall Street on Tuesday by reporting a
smaller-than-expected subscriber gain for its main wireless
business, while its CEO gave few details...
Read more
disappointed Wall Street on Tuesday by reporting a
smaller-than-expected subscriber gain for its main wireless
business, while its CEO gave few details...
Read more
US STOCKS-Weak earnings weigh on Wall Street; Fed awaited
* Indexes down: Dow 0.42 pct, S&P 0.24 pct, Nasdaq 0.1 pct
(Adds details, comments, updates prices)
Read more
(Adds details, comments, updates prices)
Read more
Einhorn's Greenlight sees room for Chemours to grow, stock climbs
BOSTON, July 26 (Reuters) - Hedge fund manager David Einhorn
told investors that he thinks performance chemicals company
Chemours Co will see its earnings grow as prices for titanium
dioxide (TiO2),...
Read more
told investors that he thinks performance chemicals company
Chemours Co will see its earnings grow as prices for titanium
dioxide (TiO2),...
Read more
UPDATE 2-Refiner Valero's profit beats but margins stay under pressure
* Sees 2016 biofuel blending costs at $750 mln-$850 mln
(Adds details on compliance credit costs, shares)
Read more
(Adds details on compliance credit costs, shares)
Read more
Canada watchdog tells banks to test resilience to sharp home price falls
TORONTO, July 26 (Reuters) - Canada's banking regulator said
on Tuesday it will require the country's banks to test how they
would withstand a 50 percent cut in property prices in Vancouver
and a 40...
Read more
on Tuesday it will require the country's banks to test how they
would withstand a 50 percent cut in property prices in Vancouver
and a 40...
Read more
BRIEF-CU Bancorp Q2 EPS $0.36
* Qtrly net interest income totaled $24.2 million, increase
of $3.0 million or 14% from Q2 of 2015
Read more
of $3.0 million or 14% from Q2 of 2015
Read more
BRIEF-Helios and Matheson analytics announce favorable decision of the Nasdaq hearings panel
* Helios and Matheson analytics announces favorable decision
of the Nasdaq hearings panel
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of the Nasdaq hearings panel
Source text for Eikon:
Further company coverage:
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US STOCKS-Wall St set to open flat as investors assess earnings
* Futures: Dow down 12 pts, S&P flat, Nasdaq up 7.25 pts
(Adds details, comments, updates prices)
Read more
(Adds details, comments, updates prices)
Read more
BRIEF-Allegheny Technologies reports Q2 loss per share $0.18
* Allegheny Technologies Inc says expect shipments of
specialty coil and plate products to increase in second half of
2016
Read more
specialty coil and plate products to increase in second half of
2016
Read more
BRIEF-Continental Gold granted environmental license for mine
* Granted environmental license to connect Buritica Project
to electrical power grid
Source text for Eikon:
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to electrical power grid
Source text for Eikon:
Further company coverage:
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UPDATE 1-ECB buying dwarfs euro zone bond sales, pins yields near lows
* Rabobank expects 10-year German yields at -0.30 pct
(Updates with Italian auction result)
Read more
(Updates with Italian auction result)
Read more
MOVES-UBS Asset Management hires Hayden Briscoe from Alliance Bernstein
July 26 (Reuters) - UBS Asset Management, a part of UBS
Group AG, named Hayden Briscoe head of fixed income,
Asia Pacific, effective immediately.
Read more
Group AG, named Hayden Briscoe head of fixed income,
Asia Pacific, effective immediately.
Read more
FOREX-Yen at 2-wk high as Japanese stimulus expectations dialled back
LONDON, July 26 (Reuters) - The yen hit a two-week high
against the euro and rose more than 1 percent against the dollar
on Tuesday, as traders dialled back expectations of how much new
stimulus...
Read more
against the euro and rose more than 1 percent against the dollar
on Tuesday, as traders dialled back expectations of how much new
stimulus...
Read more
Turkey cenbank says simplification depends on inflation and stability outlook
ANKARA, July 26 (Reuters) - The pace and timing of the
Turkish central bank's simplification process depends on the
outlook for inflation and financial stability, central bank
governor Murat...
Read more
Turkish central bank's simplification process depends on the
outlook for inflation and financial stability, central bank
governor Murat...
Read more
UPDATE 1-Ladbrokes, Coral must sell stores to get merger cleared - UK regulator
LONDON, July 25 (Reuters) - Bookmakers Ladbrokes and
Gala Coral must sell around 350 to 400 shops in order to obtain
clearance for their proposed merger, Britain's competition
regulator said on...
Read more
Gala Coral must sell around 350 to 400 shops in order to obtain
clearance for their proposed merger, Britain's competition
regulator said on...
Read more
BRIEF-BP Q2 underlying RC profit of $720 million
* Upstream replacement cost (rc) loss for q2 was $109
million compared with a profit of $228 million a year ago
Read more
million compared with a profit of $228 million a year ago
Read more
Monday, July 25, 2016
Poland - Factors to Watch July 26
Following are news stories, press reports and events to watch
that may affect Poland's financial markets on Tuesday. ALL TIMES
GMT (Poland: GMT + 2 hours):
Read more
that may affect Poland's financial markets on Tuesday. ALL TIMES
GMT (Poland: GMT + 2 hours):
Read more
GLOBAL MARKETS-Japan shares slip, yen gains as caution grips
SYDNEY, July 26 (Reuters) - Caution was the watchword among
investors on Tuesday, with equity markets mixed and the yen
scampering higher ahead of central bank meetings in the United
States and Japan.
Read more
investors on Tuesday, with equity markets mixed and the yen
scampering higher ahead of central bank meetings in the United
States and Japan.
Read more
DEALTALK-Verizon sale leaves Yahoo investors betting on a stub
July 26 (Reuters) - Yahoo Inc shareholders may be
left betting on how quickly, if at all, the former web pioneer
can cash in on its multi-billion dollar stakes in two Asian
peers after Monday's deal...
Read more
left betting on how quickly, if at all, the former web pioneer
can cash in on its multi-billion dollar stakes in two Asian
peers after Monday's deal...
Read more
UPDATE 1-China internet regulator fines websites over reporting -media
SHANGHAI, July 26 (Reuters) - China's internet regulator has
fined several websites for violating internet publication rules
and ordered them to "rectify" pages that ran news stories based
on their...
Read more
fined several websites for violating internet publication rules
and ordered them to "rectify" pages that ran news stories based
on their...
Read more
COLUMN-Trump, the risk even central banks can't backstop: James Saft
July 26 (Reuters) - If Brexit didn't scare financial markets
confident in the support of central banks, maybe the prospect of
President Donald Trump will.
Read more
confident in the support of central banks, maybe the prospect of
President Donald Trump will.
Read more
Dollar falls more than 1 percent on the day against yen
TOKYO, July 26 (Reuters) - The dollar fell more than 1
percent against the yen on Tuesday, on investors' growing
expectations that the Japanese government's stimulus steps will
fall short of initial...
Read more
percent against the yen on Tuesday, on investors' growing
expectations that the Japanese government's stimulus steps will
fall short of initial...
Read more
UPDATE 1-Brazil's TIM posts lower quarterly profit, misses consensus
SAO PAULO, July 25 (Reuters) - TIM Participaçoes SA
, Brazil's second-largest wireless carrier, on Monday
posted an 85 percent drop in second-quarter net income from a
year ago.
Read more
, Brazil's second-largest wireless carrier, on Monday
posted an 85 percent drop in second-quarter net income from a
year ago.
Read more
UPDATE 7-Verizon to buy Yahoo's core business for $4.8 bln in digital ad push
NEW YORK/SAN FRANCISCO, July 25 (Reuters) - Verizon
Communications Inc said on Monday it would buy Yahoo Inc's core
internet properties for $4.83 billion in cash, marking the end
of the line for a...
Read more
Communications Inc said on Monday it would buy Yahoo Inc's core
internet properties for $4.83 billion in cash, marking the end
of the line for a...
Read more
Moody's downgrades Alaska amid stalemate over budget
July 25 (Reuters) - Moody's Investor Service on Monday
downgraded Alaska's credit rating due to the state's inability
to reach consensus on how to close its structural imbalance and
$3 billion a year...
Read more
downgraded Alaska's credit rating due to the state's inability
to reach consensus on how to close its structural imbalance and
$3 billion a year...
Read more
BRIEF-Amazon, UK government partner on using small drones
* Amazon and UK government aim for sky with partnership on
drones
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
drones
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
S.Korea Q2 GDP growth improves slightly, in line with forecasts
SEOUL, July 26 (Reuters) - South Korea's economy grew 0.7
percent in April-June over the previous quarter, the central
bank estimated on Tuesday, accelerating modestly from the
previous three-month...
Read more
percent in April-June over the previous quarter, the central
bank estimated on Tuesday, accelerating modestly from the
previous three-month...
Read more
China's local government bond risks flow to yield-hungry foreign buyers
HONG KONG, July 26 (Reuters) - A combination of towering
leverage, stunted cash flows and illusory guarantees could
deliver a salutary lesson to foreign investors dabbling in the
rising flow of bonds...
Read more
leverage, stunted cash flows and illusory guarantees could
deliver a salutary lesson to foreign investors dabbling in the
rising flow of bonds...
Read more
BRIEF-MB Financial to join S&P Midcap 400
* MB Financial to join S&P Midcap 400; Biotelemetry and
Raven Industries to join S&P Smallcap 600
Read more
Raven Industries to join S&P Smallcap 600
Read more
BRIEF-California Water Service settlement for unit approved
* On july 21, 2016, san francisco bay area regional water
quality control board approved settlement for unit
Read more
quality control board approved settlement for unit
Read more
BRIEF-Xenon Pharmaceuticals to discuss Q2 2016 financial results
* Xenon pharmaceuticals to host conference call and webcast
to discuss second quarter 2016 financial results and provide
corporate update
Source text for Eikon:
Further company coverage:
Read more
to discuss second quarter 2016 financial results and provide
corporate update
Source text for Eikon:
Further company coverage:
Read more
UPDATE 2-Ecuador seizes moment to print US$1bn bond
NEW YORK, July 25 (IFR) - Ecuador launched a US$1bn
five-year bond on Monday, taking advantage of a strong backdrop
for LatAm credits to garner much-needed funding for the year.
Read more
five-year bond on Monday, taking advantage of a strong backdrop
for LatAm credits to garner much-needed funding for the year.
Read more
BRIEF-Triumph to close Triumph Interiors, LLC in Oakdale, Pennsylvania
* Will close its Triumph Interiors, LLC - Oakdale facility
in Oakdale, Pennsylvania on or about March 31, 2017.
Read more
in Oakdale, Pennsylvania on or about March 31, 2017.
Read more
Zenefits fined $62,500 by Tenn. regulators in first settlement on licensing
SAN FRANCISCO, July 25 (Reuters) - Software startup Zenefits
must pay the state of Tennessee $62,500 for violating insurance
requirements, state officials said on Monday, marking the first
settlement...
Read more
must pay the state of Tennessee $62,500 for violating insurance
requirements, state officials said on Monday, marking the first
settlement...
Read more
BRIEF-Wells Fargo issued $600 million floating rate notes and $3 billion 2.10% notes
* Says issued $600 million floating rate notes due July 26,
2016 and $3 billion 2.10% notes due July 26, 2016 - SEC Filing
Source - http://bit.ly/29VkDv1
Further company coverage:
(Bengaluru...
Read more
2016 and $3 billion 2.10% notes due July 26, 2016 - SEC Filing
Source - http://bit.ly/29VkDv1
Further company coverage:
(Bengaluru...
Read more
UPDATE 1-Aurelius rallies Oi bondholders as bankruptcy battle looms
SAO PAULO, July 25 (Reuters) - Aurelius Capital Management
LP has contacted bondholders in Oi SA's
Netherlands-based units to challenge the basis of a prior
restructuring accord that substantially...
Read more
LP has contacted bondholders in Oi SA's
Netherlands-based units to challenge the basis of a prior
restructuring accord that substantially...
Read more
RPT-Harry Potter's 'Cursed Child' story already a U.S. best-seller
NEW YORK, July 25 (Reuters) - Harry Potter is casting a
spell, again, over the publishing industry
Read more
spell, again, over the publishing industry
Read more
UPDATE 2-Canada to phase out older crude-by-rail tank cars by November
TORONTO, July 25 (Reuters) - Canada will take older tank
cars out of crude-by-rail service much earlier than originally
planned, the government said on Monday, in its latest move to
toughen rail...
Read more
cars out of crude-by-rail service much earlier than originally
planned, the government said on Monday, in its latest move to
toughen rail...
Read more
BRIEF-Ptarmagin LLC sells 37,500 shares of Skullcandy pursuant to stock trading plan
July 25 (Reuters) - Ptarmagin Llc Reports Open Market Sale
Of 37,500 Shares Of Skullcandy Inc's
Read more
Of 37,500 Shares Of Skullcandy Inc's
Read more
Judge bans Uber use of background checks in NY lawsuit
NEW YORK, July 25 (Reuters) - A federal judge on Monday
banned Uber Technologies Inc and its Chief Executive Travis
Kalanick from using information obtained by an investigative
firm in a background...
Read more
banned Uber Technologies Inc and its Chief Executive Travis
Kalanick from using information obtained by an investigative
firm in a background...
Read more
UPDATE 1-Daily forex trading volumes up 1 pct in April vs year-ago -Fed
NEW YORK, July 25 (Reuters) - Currency trading volume in the
United States and the rest of North America averaged $893.2
billion in April 2016, up 1 percent from a year earlier and 10
percent higher...
Read more
United States and the rest of North America averaged $893.2
billion in April 2016, up 1 percent from a year earlier and 10
percent higher...
Read more
Grupo Mexico posts profit of $350 mln in second quarter
July 25 (Reuters) - Mexico's Grupo Mexico posted a net
profit of $350.3 million in the second quarter of this year,
down by 4.3 percent from the same period a year earlier, the
company said on Monday.
Read more
profit of $350.3 million in the second quarter of this year,
down by 4.3 percent from the same period a year earlier, the
company said on Monday.
Read more
BRIEF-Spark Therapeutics and Pfizer announce data from first cohort in Hemophilia B Phase 1/2 trial
* Spark Therapeutics and Pfizer announce updated data from
first cohort in Hemophilia B phase 1/2 trial demonstrating
consistent, sustained therapeutic levels of factor ix activity
Read more
first cohort in Hemophilia B phase 1/2 trial demonstrating
consistent, sustained therapeutic levels of factor ix activity
Read more
Brazil's BRF mulls IPO, private placement as options for Halal unit
SAO PAULO, July 25 (Reuters) - BRF SA, the world's largest
poultry exporter, is considering options to accelerate growth in
a unit that caters to Middle East clients, including an initial
public...
Read more
poultry exporter, is considering options to accelerate growth in
a unit that caters to Middle East clients, including an initial
public...
Read more
BRIEF-Ocular Therapeutix gets complete response letter for dextenza NDA
* Ocular Therapeutix receives complete response letter from
FDA for its NDA for dextenza for treatment of post-surgical
ocular pain
Read more
FDA for its NDA for dextenza for treatment of post-surgical
ocular pain
Read more
BRIEF-SunEdison explores possible monetization of its class B shares in publicly traded yieldcos
* SunEdison to explore possible monetization of its class b
shares in publicly traded yieldcos
Read more
shares in publicly traded yieldcos
Read more
RPT-DEALTALK-U.S. government's bid to block insurance mergers could spawn new ones
July 22 (Reuters) - The potential bust-up of two mega deals
among America's largest health insurance companies may have an
unintended result - more mergers.
Read more
among America's largest health insurance companies may have an
unintended result - more mergers.
Read more
BRIEF-Pharmaengine sayss Onivyde(r) regimen receives CHMP positive opinion
* Pharmaengine announces Onivyde(r) regimen receives CHMP
positive opinion for the treatment of metastatic pancreatic
cancer
Read more
positive opinion for the treatment of metastatic pancreatic
cancer
Read more
BRIEF-Danaher Q2 adj non-GAAP EPS $1.25 from cont ops
* Both Q3 and full year 2016 guidance treat fortive as a
discontinued operation for full year 2016.
Read more
discontinued operation for full year 2016.
Read more
BRIEF-Abbvie says CHMP grants positive opinion for shorter treatment duration with VIEKIRAX
* CHMP grants positive opinion for shorter treatment duration with Abbvie's VIEKIRAX
(ombitasvir/paritaprevir/ritonavir tablets) for patients with genotype 4 chronic hepatitis C
with compensated...
Read more
(ombitasvir/paritaprevir/ritonavir tablets) for patients with genotype 4 chronic hepatitis C
with compensated...
Read more
European shares advance as Ryanair and William Hill surge
LONDON, July 25 (Reuters) - European stocks rose on Monday,
with low-cost airline Ryanair climbing after it issued a
bullish outlook while shares in William Hill surged on
bid interest from its...
Read more
with low-cost airline Ryanair climbing after it issued a
bullish outlook while shares in William Hill surged on
bid interest from its...
Read more
CORRECTED-UPDATE 1-UK Stocks-Factors to watch on July 25
July 25 (Reuters) - Britain's FTSE 100 index is seen opening up 7
points on Monday, according to financial bookmakers. Futures for the index
were up 0.1 percent ahead of the cash market open.
Read more
points on Monday, according to financial bookmakers. Futures for the index
were up 0.1 percent ahead of the cash market open.
Read more
Sunday, July 24, 2016
RPT-Corporate raiders seek Brexit bargains in Britain
LONDON, July 24 (Reuters) - Overseas buyers lured by a
plunge in the pound are looking to snare British companies on
the cheap, ensuring a steady flow of deals since Britain voted
to leave the...
Read more
plunge in the pound are looking to snare British companies on
the cheap, ensuring a steady flow of deals since Britain voted
to leave the...
Read more
G-III Apparel Group to buy Donna Karan from LVMH
PARIS, July 25 (Reuters) - U.S fashion designer G-III
Apparel Group Ltd. reached a definitive agreement to
buy Donna Karan International from French luxury group LVMH
for an enterprise value of $650...
Read more
Apparel Group Ltd. reached a definitive agreement to
buy Donna Karan International from French luxury group LVMH
for an enterprise value of $650...
Read more
PRESS DIGEST - Wall Street Journal - July 25
July 25 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Malaysia Airlines may announce Boeing order this week - report
KUALA LUMPUR, July 25 (Reuters) - Malaysia Airlines may
announce a plane order of Boeing B737 MAX jets as early
as Wednesday, Business Times reported, as the airline eyes a
fleet expansion by adding...
Read more
announce a plane order of Boeing B737 MAX jets as early
as Wednesday, Business Times reported, as the airline eyes a
fleet expansion by adding...
Read more
UPDATE 1-Borrowing costs for Chinese firms is key obstacle to private investment-NDRC
BEIJING, July 25 (Reuters) - Borrowing costs and access to
funding are the key obstacles to private investment in China, a
senior official at the top economic planning agency said on
Monday, after...
Read more
funding are the key obstacles to private investment in China, a
senior official at the top economic planning agency said on
Monday, after...
Read more
BRIEF-Eastern Platinum continues to investigate transactions undertaken and disclosed by prior management
* Previous Management of disclosed that it reached agreement
with certain holders of minority interests in all of Eastplats'
projects
Read more
with certain holders of minority interests in all of Eastplats'
projects
Read more
Golf-Facing Rio no-shows, golf looks to emerging market growth
July 25 (Reuters) - Golf's return to the Olympics after 112 years may not be as triumphant as many in the sport hoped.
Read more
Read more
FOREX-Dollar buoyant vs euro, yen as risk-on mood prevails
TOKYO, July 25 (Reuters) - The dollar was buoyant against
the euro and yen early on Monday as a prevailing risk-on mood
continued to support the U.S. currency and assets.
Read more
the euro and yen early on Monday as a prevailing risk-on mood
continued to support the U.S. currency and assets.
Read more
DIARY-Top Economic Events to Aug 4
Political and general news
** This Diary is filed daily **
---------------------------------------------------------------
Read more
** This Diary is filed daily **
---------------------------------------------------------------
Read more
BRIEF-Medicinova receives notice of allowance for new patent covering MN-001 and MN-002 for treatment of Fibrosis
* Receives notice of allowance for new patent covering
MN-001 and MN-002 for treatment of Fibrosis
Read more
MN-001 and MN-002 for treatment of Fibrosis
Read more
RPT-Apple weathers anti-U.S. demo in China, where patriotic protests snowball
HONG KONG, July 24 (Reuters) - Apple Inc found
itself on the receiving end of a small, short-lived anti-U.S.
protest this week in China, the tech firm's biggest overseas
market and a country where...
Read more
itself on the receiving end of a small, short-lived anti-U.S.
protest this week in China, the tech firm's biggest overseas
market and a country where...
Read more
At least 40 percent of Canada oil spill recovered -officials
July 24 (Reuters) - Authorities have recovered at least 40
percent of the 1,572 barrels of oil that leaked into a major
western Canadian river, but the spill is still moving downstream
and...
Read more
percent of the 1,572 barrels of oil that leaked into a major
western Canadian river, but the spill is still moving downstream
and...
Read more
UPDATE 1-At least 40 percent of Canada oil spill recovered -officials
July 24 (Reuters) - Authorities have recovered at least 40
percent of the 1,572 barrels of oil that leaked into a major
western Canadian river, but the spill is still moving downstream
and...
Read more
percent of the 1,572 barrels of oil that leaked into a major
western Canadian river, but the spill is still moving downstream
and...
Read more
UPDATE 1-Verizon to announce $5 billion deal to buy Yahoo Monday -source
July 24 (Reuters) - Verizon Communications Inc will
announce an agreement on Monday to buy Yahoo Inc for
about $5 billion, according to a person familiar with the
matter.
Read more
announce an agreement on Monday to buy Yahoo Inc for
about $5 billion, according to a person familiar with the
matter.
Read more
Verizon to announce $5 billion deal to buy Yahoo Monday -source
July 24 (Reuters) - Verizon Communications Inc will
announce an agreement on Monday to buy Yahoo Inc for
about $5 billion, according to a person familiar with the
matter.
Read more
announce an agreement on Monday to buy Yahoo Inc for
about $5 billion, according to a person familiar with the
matter.
Read more
GM re-evaluates India investment, new car platform on hold
NEW DELHI, July 24 (Reuters) - General Motors is
re-evaluating its planned $1 billion investment in India and has
put on hold moves to bring a new car platform to India as it
re-assesses its strategy...
Read more
re-evaluating its planned $1 billion investment in India and has
put on hold moves to bring a new car platform to India as it
re-assesses its strategy...
Read more
RPT-Wall St Week Ahead-Silicon Valley leads avalanche of quarterly reports
SAN FRANCISCO, July 22 (Reuters) - A quartet of technology
heavyweights will be part of an avalanche of quarterly corporate
earnings reports next week that, along with a meeting of Federal
Reserve...
Read more
heavyweights will be part of an avalanche of quarterly corporate
earnings reports next week that, along with a meeting of Federal
Reserve...
Read more
Japan's finmin welcomes G20 support for FX market stability
CHENGDU, China, July 24 (Reuters) - Japanese Finance
Minister Taro Aso welcomed on Sunday that G20 finance leaders
reaffirmed their support for currency market stability in a
communique issued at the...
Read more
Minister Taro Aso welcomed on Sunday that G20 finance leaders
reaffirmed their support for currency market stability in a
communique issued at the...
Read more
HIGHLIGHTS-G20 finance leaders discuss global economy, Brexit
CHENGDU, China, July 24 (Reuters) - Finance leaders of the
Group of G20 economies gathered in the southwestern Chinese city
of Chengdu for a two-day meeting to discuss issues affecting the
global...
Read more
Group of G20 economies gathered in the southwestern Chinese city
of Chengdu for a two-day meeting to discuss issues affecting the
global...
Read more
UPDATE 1-UK's Hammond: Brexit path might be clearer later this year
CHENGDU, China, July 24 (Reuters) - Britain's new finance
minister Philip Hammond sought to address concerns among global
finance chiefs about the uncertain path ahead for the country's
exit from the...
Read more
minister Philip Hammond sought to address concerns among global
finance chiefs about the uncertain path ahead for the country's
exit from the...
Read more
No signs yet Brexit having economic impact on Europe - Weidmann
CHENGDU, China July 24 (Reuters) - There are no signs yet
that economic development in Europe has been affected by
Britain's decision to leave the European Union, but risks from
Brexit could impact...
Read more
that economic development in Europe has been affected by
Britain's decision to leave the European Union, but risks from
Brexit could impact...
Read more
UK's Hammond: Brexit path might be clearer later this year
CHENGDU, China, July 24 (Reuters) - British finance minister
Philip Hammond said on Sunday that uncertainty about how the
country will leave the European Union could be eased later this
year once the...
Read more
Philip Hammond said on Sunday that uncertainty about how the
country will leave the European Union could be eased later this
year once the...
Read more
Saturday, July 23, 2016
G20 will use "all policy tools" to protect growth as Brexit looms
CHENGDU, China, July 24 (Reuters) - Leaders from the world's
biggest economies are poised on Sunday to renew their
commitments to support global growth and better coordinate
actions in the face of...
Read more
biggest economies are poised on Sunday to renew their
commitments to support global growth and better coordinate
actions in the face of...
Read more
China's growth sucks in more debt bucks for less bang
BEIJING, July 24 (Reuters) - As China's economy notches up
another quarter of steady growth, the pace of credit creation
grows ever more frantic for every extra unit of production, as
inefficient...
Read more
another quarter of steady growth, the pace of credit creation
grows ever more frantic for every extra unit of production, as
inefficient...
Read more
Apple weathers anti-U.S. demo in China, where patriotic protests snowball
HONG KONG, July 24 (Reuters) - Apple Inc found
itself on the receiving end of a small, short-lived anti-U.S.
protest this week in China, the tech firm's biggest overseas
market and a country where...
Read more
itself on the receiving end of a small, short-lived anti-U.S.
protest this week in China, the tech firm's biggest overseas
market and a country where...
Read more
RPT-China's growth sucks in more debt bucks for less bang
BEIJING, July 24 (Reuters) - As China's economy notches up
another quarter of steady growth, the pace of credit creation
grows ever more frantic for every extra unit of production, as
inefficient...
Read more
another quarter of steady growth, the pace of credit creation
grows ever more frantic for every extra unit of production, as
inefficient...
Read more
UPDATE 1-Canadian authorities seek to contain oil spill moving down river
July 23 (Reuters) - Authorities are building a new
containment boom to fight an oil spill in a major western
Canadian river, officials said on Saturday, after the spill
breached a previous barrier...
Read more
containment boom to fight an oil spill in a major western
Canadian river, officials said on Saturday, after the spill
breached a previous barrier...
Read more
Canadian authorities seek to contain oil spill moving down river
July 23 (Reuters) - Authorities are building a new
containment boom to fight an oil spill in a major western
Canadian river, officials said on Saturday, after the spill
breached a previous barrier...
Read more
containment boom to fight an oil spill in a major western
Canadian river, officials said on Saturday, after the spill
breached a previous barrier...
Read more
Aeropostale accuses Sycamore Partners of 'loan to own' scheme
July 23 (Reuters) - Bankrupt U.S. teen retailer Aeropostale
filed a motion against its lender, private equity
firm Sycamore Partners, in bankruptcy court late on Friday,
accusing it of plotting a...
Read more
filed a motion against its lender, private equity
firm Sycamore Partners, in bankruptcy court late on Friday,
accusing it of plotting a...
Read more
IMF agrees on two-year $3.5 billion credit line for Morocco
RABAT, July 23 (Reuters) - The International Monetary Fund
(IMF) has granted Morocco a $3.5 billion credit line for two
years to help it pursue structural reforms bringing more rapid
and inclusive...
Read more
(IMF) has granted Morocco a $3.5 billion credit line for two
years to help it pursue structural reforms bringing more rapid
and inclusive...
Read more
UPDATE 1-IMF grants two-year $3.5 billion credit line to Morocco
RABAT, July 23 (Reuters) - The International Monetary Fund
(IMF) has granted Morocco a two-year $3.5 billion credit line
for structural reforms to prompt more rapid and inclusive
economic growth,...
Read more
(IMF) has granted Morocco a two-year $3.5 billion credit line
for structural reforms to prompt more rapid and inclusive
economic growth,...
Read more
Canada seeks 'strong trade agreement' with UK - finance minister
TORONTO, July 23 (Reuters) - Canada seeks a "strong trade
agreement" with a Britain that has voted to leave the European
Union, the country's Finance Minister Bill Morneau said on
Saturday on the...
Read more
agreement" with a Britain that has voted to leave the European
Union, the country's Finance Minister Bill Morneau said on
Saturday on the...
Read more
Turkey to ready dossier for Gulen extradition in 10 days -Foreign Min
ISTANBUL, July 23 (Reuters) - Turkey expects to complete
within a week to 10 days a dossier requesting the extradition
from the United States of Muslim cleric Fethullah Gulen, accused
by Ankara of...
Read more
within a week to 10 days a dossier requesting the extradition
from the United States of Muslim cleric Fethullah Gulen, accused
by Ankara of...
Read more
UPDATE 1-Turkey keen for mention in G20 communique, but rejected
CHENGDU, China, July 23 (Reuters) - Turkey wanted the final
communique of the world's financial leaders meeting in China
this weekend to include an endorsement of the current government
after the...
Read more
communique of the world's financial leaders meeting in China
this weekend to include an endorsement of the current government
after the...
Read more
Turkey keen for mention in G20 communique, but rejected
CHENGDU, China, July 23 (Reuters) - Turkey wanted the final
communique of the world's financial leaders meeting in China
this weekend to include an endorsement of the current government
after the...
Read more
communique of the world's financial leaders meeting in China
this weekend to include an endorsement of the current government
after the...
Read more
Former Argentina leader slams corruption probes as political plot
EL CALAFATE, Argentina, July 23 (Reuters) - Facing
corruption probes that threaten to land her behind bars, former
Argentine President Cristina Fernandez described her growing
legal troubles as part...
Read more
corruption probes that threaten to land her behind bars, former
Argentine President Cristina Fernandez described her growing
legal troubles as part...
Read more
German FinMin says it's not up to rest of Europe to cushion Brexit
CHENGDU, China, July 23 (Reuters) - German Finance Minister
Wolfgang Schaeuble said he saw no reason for other countries to
try to cushion the blow of Britain's exit from the European
Union with more...
Read more
Wolfgang Schaeuble said he saw no reason for other countries to
try to cushion the blow of Britain's exit from the European
Union with more...
Read more
Turkey's Erdogan signs first decree under state of emergency
ISTANBUL, July 23 (Reuters) - Turkish President Tayyip
Erdogan has ordered the closure of more than 1,000 private
schools and has extended the period in which suspects can be
detained without charge,...
Read more
Erdogan has ordered the closure of more than 1,000 private
schools and has extended the period in which suspects can be
detained without charge,...
Read more
G7 wants to see Brexit talks start as soon possible - France
CHENGDU, China, July 23 (Reuters) - Top officials from the
Group of Seven rich economies want to see negotiations over
Britain's exit from the European Union start as soon as
possible, French finance...
Read more
Group of Seven rich economies want to see negotiations over
Britain's exit from the European Union start as soon as
possible, French finance...
Read more
UK unprepared for Brexit, needs more time, but shouldn't be indefinite - Sapin
CHENGDU, China, July 23 (Reuters) - Britain was unprepared
for the outcome of the referendum to leave the European Union
and so should be given time to respond, but it should not take
too long...
Read more
for the outcome of the referendum to leave the European Union
and so should be given time to respond, but it should not take
too long...
Read more
UPDATE 1-BOJ's Kuroda says to ease again if necessary to hit 2 pct price goal
* 'Helicopter money' is prohibited in Japan, advanced world
(Adds quote, details on 'helicopter money')
Read more
(Adds quote, details on 'helicopter money')
Read more
BOJ's Kuroda says to ease again if necessary to hit 2 pct price goal
CHENGDU, China, July 23 (Reuters) - Bank of Japan Governor
Haruhiko Kuroda said on Saturday he would ease policy further if
necessary to achieve its 2 percent inflation goal, while
reiterating a...
Read more
Haruhiko Kuroda said on Saturday he would ease policy further if
necessary to achieve its 2 percent inflation goal, while
reiterating a...
Read more
Europe to tell G20 UK economy, banks are resilient despite Brexit
CHENGDU, China, July 23 (Reuters) - Britain's vote to leave
the European Union may dampen global growth, but European
fundamentals are strong and the British economy and banking
sector are resilient,...
Read more
the European Union may dampen global growth, but European
fundamentals are strong and the British economy and banking
sector are resilient,...
Read more
Friday, July 22, 2016
Commitment to refrain from competitive FX devaluations has sustained confidence - US Treasury's Lew
CHENGDU, China, July 23 (Reuters) - U.S. Treasury Secretary Jack Lew said commitments by G20
members to refrain from competitive currency devaluations have helped sustain economic
confidence,...
Read more
members to refrain from competitive currency devaluations have helped sustain economic
confidence,...
Read more
Brexit front and centre as G20 finance heads meet in China
CHENGDU, China, July 23 (Reuters) - Finance officials from
the world's major economies start a two-day meeting in China on
Saturday where they will confront challenges to global growth
from Britain's...
Read more
the world's major economies start a two-day meeting in China on
Saturday where they will confront challenges to global growth
from Britain's...
Read more
BRIEF-First Bancshares Q2 earnings per share $0.47
* The First Bancshares, Inc. reports a 22% increase in
quarterly net earnings and declares quarterly dividends
Read more
quarterly net earnings and declares quarterly dividends
Read more
DIARY-Emerging Markets Economic Events to Aug 4
** This Diary is filed daily ***
--------------------------------------------------------------
MONDAY, JULY 25
JERUSALEM - Bank of Israel interest rate decision - 1300 GMT.
ABUJA - Central...
Read more
--------------------------------------------------------------
MONDAY, JULY 25
JERUSALEM - Bank of Israel interest rate decision - 1300 GMT.
ABUJA - Central...
Read more
DIARY-Top Economic Events to Aug 4
Political and general news
** This Diary is filed daily **
---------------------------------------------------------------
Read more
** This Diary is filed daily **
---------------------------------------------------------------
Read more
Brazil court picks PricewaterhouseCoopers as Oi bankruptcy administrator
SAO PAULO, July 22 (Reuters) - A Brazilian judge overseeing
the bankruptcy protection process of phone carrier Oi SA
on Friday named auditing and advisory firm
PricewaterhouseCoopers as the...
Read more
the bankruptcy protection process of phone carrier Oi SA
on Friday named auditing and advisory firm
PricewaterhouseCoopers as the...
Read more
UPDATE 1-Brazil's Petrobras plans to sell voting control of BR fuels unit
SAO PAULO/RIO DE JANEIRO, July 22 (Reuters) - Brazil's
Petróleo Brasileiro SA said on Friday it plans to sell voting
control of Petrobras Distribuidora SA after a bidding round for
a minority stake...
Read more
Petróleo Brasileiro SA said on Friday it plans to sell voting
control of Petrobras Distribuidora SA after a bidding round for
a minority stake...
Read more
UPDATE 1-Hershey Trust nears settlement to reform its governance -sources
July 22 (Reuters) - The board of the charitable trust that
controls Hershey Co is nearing a resolution with the
Pennsylvania Attorney General's office that would avoid a legal
row in exchange for...
Read more
controls Hershey Co is nearing a resolution with the
Pennsylvania Attorney General's office that would avoid a legal
row in exchange for...
Read more
REFILE-Unsecured creditors seek quick end to Sports Authority bankruptcy
WILMINGTON, Del., July 22 (Reuters) - Unsecured creditors of
the bankrupt retailer Sports Authority are seeking to convert
the case to a quick liquidation, saying in a Friday court filing
the company...
Read more
the bankrupt retailer Sports Authority are seeking to convert
the case to a quick liquidation, saying in a Friday court filing
the company...
Read more
SEC speeds up listing process for some ETFs
July 22 (Reuters) - The U.S. Securities and Exchange
Commission on Friday approved listing standards for some
exchange-traded funds, paving the way for issuers to bring funds
to the market in weeks...
Read more
Commission on Friday approved listing standards for some
exchange-traded funds, paving the way for issuers to bring funds
to the market in weeks...
Read more
EMERGING MARKETS-Latam stocks rise, tracking U.S., currencies mixed
By Bruno Federowski
SAO PAULO, July 22 (Reuters) - Stock markets across Latin
American rose on Friday, tracking U.S. stocks helped by stronger
manufacturing and tech, but currencies in the region...
Read more
SAO PAULO, July 22 (Reuters) - Stock markets across Latin
American rose on Friday, tracking U.S. stocks helped by stronger
manufacturing and tech, but currencies in the region...
Read more
CANADA FX DEBT-C$ weakens to a nearly 2-month low as oil falls
* Canadian dollar ended at C$1.3146, or 76.07 U.S. cents
* C$ touched its weakest since May 24 at C$1.3185
* Bond prices slightly higher across the maturity curve
By Fergal Smith
...
Read more
* C$ touched its weakest since May 24 at C$1.3185
* Bond prices slightly higher across the maturity curve
By Fergal Smith
...
Read more
MOVES-Marsh, Electra, Socar Trading
July 22 (Reuters) - The following financial services
industry appointments were announced on Friday. To inform us of
other job changes, email moves@thomsonreuters.com.
Read more
industry appointments were announced on Friday. To inform us of
other job changes, email moves@thomsonreuters.com.
Read more
US STOCKS SNAPSHOT-Wall St ends up; posts 4th straight week of gains
NEW YORK, July 22 (Reuters) - U.S. stocks ended higher on
Friday, clinching the fourth straight positive week for the
market, boosted by gains from telecom stalwarts AT&T and
Verizon.
Read more
Friday, clinching the fourth straight positive week for the
market, boosted by gains from telecom stalwarts AT&T and
Verizon.
Read more
BRIEF-Consolidated-Tomoka land says 2016 EPS guidance of $2.75-$3.00/shr
* Says 2016 EPS guidance of $2.75-$3.00 per share
Source - http://bit.ly/2aj1S2n
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
Source - http://bit.ly/2aj1S2n
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
BRIEF-Norwood Financial reports Q2 earnings per share $0.51
* Norwood Financial Corp qtrly net interest income, on a
fully taxable equivalent basis (FTE), $6.8 million, an increase
of $369,000 versus Q2 in 2015
Read more
fully taxable equivalent basis (FTE), $6.8 million, an increase
of $369,000 versus Q2 in 2015
Read more
CORRECTED-UPDATE 1-After Brexit vote, insurer Beazley seeks EU licences in Dublin
July 22 (Reuters) - Lloyd's of London's Beazley Plc
is working to get European insurance licences for its Irish
reinsurance business to allow it to operate throughout the
European Union, even if...
Read more
is working to get European insurance licences for its Irish
reinsurance business to allow it to operate throughout the
European Union, even if...
Read more
JPMorgan to exit government securities settlement business
NEW YORK, July 22 (Reuters) - JPMorgan Chase & Co.
plans to end services on settling government securities after a
review of its businesses, a bank spokesperson said on Friday.
Read more
plans to end services on settling government securities after a
review of its businesses, a bank spokesperson said on Friday.
Read more
Dash to write CMBS loans before new rules kick in
NEW YORK, July 22 (IFR) - Lenders in the CMBS market are
making a mad dash to write loans before new risk retention rules
take effect later this year that could slam the brakes on deal
flow, several...
Read more
making a mad dash to write loans before new risk retention rules
take effect later this year that could slam the brakes on deal
flow, several...
Read more
REFILE-UPDATE 3-Verizon emerges as front-runner in Yahoo auction -sources
July 22 (Reuters) - Yahoo Inc is focusing on U.S.
telecommunications company Verizon Communications Inc as
the buyer of its core business after reviewing final bids that
it received this week, people...
Read more
telecommunications company Verizon Communications Inc as
the buyer of its core business after reviewing final bids that
it received this week, people...
Read more
BRIEF-Freddie Mac prices $1.27 billion seniors housing multifamily K certificates
* Freddie Mac prices $1.27 billion seniors housing
multifamily K certificates
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
multifamily K certificates
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
Investors scrap for Teva Pharmaceutical bonds
NEW YORK, July 22 (IFR) - Teva Pharmaceutical raised more
than US$20bn across three currencies this week via an
acquisition-driven bond that took advantage of pent-up demand
for corporate paper in a...
Read more
than US$20bn across three currencies this week via an
acquisition-driven bond that took advantage of pent-up demand
for corporate paper in a...
Read more
BRIEF-Acme United Q2 earnings $0.91/share
* Acme United reports second quarter sales increase of 21
percent and 23 percent increase in earnings per share
Read more
percent and 23 percent increase in earnings per share
Read more
PRESS DIGEST- Canada - July 22
July 22 (Reuters) - The following are the top stories from
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
INSIGHT-When does Brexit mean Brexit: Could the UK change its mind?
LONDON, July 22 (Reuters) - Since entering Downing Street as
Britain's new prime minister last week, Theresa May has quickly
dispelled hopes that the UK might change its mind about leaving
the...
Read more
Britain's new prime minister last week, Theresa May has quickly
dispelled hopes that the UK might change its mind about leaving
the...
Read more
UPDATE 1-Honeywell's quarterly profit beats estimates
July 22 (Reuters) - Honeywell International Inc
reported a better-than-expected quarterly profit, helped by
higher sales in its automation and climate control systems
division.
Read more
reported a better-than-expected quarterly profit, helped by
higher sales in its automation and climate control systems
division.
Read more
BRIEF-Cellect Biotechnology sees IPO of 1.4 mln ADSs
* Cellect Biotechnology Ltd sees IPO of 1,388,889 American
Depositary Shares, or ADSs, and warrants to purchase 694,444
ADSs, or warrants
Read more
Depositary Shares, or ADSs, and warrants to purchase 694,444
ADSs, or warrants
Read more
RPT-To wonks hungry for policy details, Trump team serves lighter fare
CLEVELAND, July 21 (Reuters) - People seeking a deeper
understanding of Donald Trump's economic policy came up
empty-handed this week at the Republican National Convention.
Read more
understanding of Donald Trump's economic policy came up
empty-handed this week at the Republican National Convention.
Read more
Apple to open first Apple Store in Taiwan
TAIPEI, July 22 (Reuters) - Apple Inc is planning
to open its first Apple Store in Taiwan, a move that comes after
the U.S. technology giant raised $1.38 billion in a bond
offering last month on the...
Read more
to open its first Apple Store in Taiwan, a move that comes after
the U.S. technology giant raised $1.38 billion in a bond
offering last month on the...
Read more
European shares slip as miners weaken and Skanska skids
LONDON, July 22 (Reuters) - European stock markets fell on
Friday, weighed down by a drop in the shares of mining companies
and a fall at Swedish construction company Skanska.
Read more
Friday, weighed down by a drop in the shares of mining companies
and a fall at Swedish construction company Skanska.
Read more
RPT-AKP-era foreign investments jarred by post-coup Turkey crackdown
LONDON/ISTANBUL July 21 (Reuters) - Turkey's botched coup
and an apparent lurch towards authoritarianism is ratting
investors and threatens to throw into reverse the hundreds of
billions of dollars...
Read more
and an apparent lurch towards authoritarianism is ratting
investors and threatens to throw into reverse the hundreds of
billions of dollars...
Read more
Thursday, July 21, 2016
Japanese stocks fall on stronger yen; BOJ meeting in focus next week
TOKYO, July 22 (Reuters) - Japanese stocks dropped on Friday
in thin trade, with investors taking profit after recent gains
as the yen strengthened on waning expectations of radical
monetary policy...
Read more
in thin trade, with investors taking profit after recent gains
as the yen strengthened on waning expectations of radical
monetary policy...
Read more
German stocks - Factors to watch on July 22
BERLIN/FRANKFURT, July 22 (Reuters) - The DAX top-30 index
looked set to open 0.3 percent lower on Friday,
according to premarket data from brokerage Lang & Schwarz at
0625 GMT. The following are...
Read more
looked set to open 0.3 percent lower on Friday,
according to premarket data from brokerage Lang & Schwarz at
0625 GMT. The following are...
Read more
UK Stocks-Factors to watch on July 22
July 22 (Reuters) - Britain's FTSE 100 index is seen FTSE 100 down
20 points, or 0.3 pct lower, at the open on Friday, according to financial
spreadbetters.
* The UK blue chip index...
Read more
20 points, or 0.3 pct lower, at the open on Friday, according to financial
spreadbetters.
* The UK blue chip index...
Read more
UPDATE 1-Kia Motors expected to pick site for first India plant next month -sources
* Kia in talks with three Indian states - sources
(Adds details on company strategy, India market)
Read more
(Adds details on company strategy, India market)
Read more
China's Li says world should step up macroeconomic policy coordination
BEIJING, July 22 (Reuters) - The world must step up
international macroeconomic policy coordination, China's Premier
Li Keqiang said on Friday after meeting the heads of the
International Monetary...
Read more
international macroeconomic policy coordination, China's Premier
Li Keqiang said on Friday after meeting the heads of the
International Monetary...
Read more
UPDATE 1-White House calls for Malaysian transparency in wake of fund scandal
WASHINGTON/KUALA LUMPUR, July 22 (Reuters) - The White House
urged Malaysia on Thursday to demonstrate good governance and a
transparent business climate, a day after U.S. prosecutors sued
to try and...
Read more
urged Malaysia on Thursday to demonstrate good governance and a
transparent business climate, a day after U.S. prosecutors sued
to try and...
Read more
Morning News Call - India, July 22
To access the newsletter, click on the link:
http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_07222016.pdf
FACTORS TO WATCH
11:00 am: Monsoon session of...
Read more
http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_07222016.pdf
FACTORS TO WATCH
11:00 am: Monsoon session of...
Read more
BRIEF-McDonald's Japan says becomes a 'launch partner' of Pokemon GO
* McDonald's Japan says becomes a 'launch partner' of
Pokemon GO
Source text for Eikon:
Further company coverage: [ ]
(Reporting By William Mallard)
Read more
Pokemon GO
Source text for Eikon:
Further company coverage: [ ]
(Reporting By William Mallard)
Read more
BRIEF-Conocophillips says expect about 6 percent of global workforce to be impacted by cost-reduction measures
* Expect about 6 percent of global workforce to be impacted by cost-reduction measures,with
largest impact occurring in North America
Further company coverage:
(Bengaluru Newsroom)
Read more
largest impact occurring in North America
Further company coverage:
(Bengaluru Newsroom)
Read more
FOREX-Yen off 6-week low after "helicopter money" mania shot down
TOKYO, July 22 (Reuters) - The yen hovered above six-week
lows in early Asian trade on Friday after comments from Bank of
Japan Governor Haruhiko Kuroda dented speculation Japan may be
preparing a...
Read more
lows in early Asian trade on Friday after comments from Bank of
Japan Governor Haruhiko Kuroda dented speculation Japan may be
preparing a...
Read more
UPDATE 2-Liberty Media CEO made offer for Pandora in recent months - WSJ
July 21 (Reuters) - Liberty Media Corp Chief
Executive Greg Maffei made an offer to buy internet radio
company Pandora Media Inc in recent months, valuing the
company at more than $3.4 billion, the...
Read more
Executive Greg Maffei made an offer to buy internet radio
company Pandora Media Inc in recent months, valuing the
company at more than $3.4 billion, the...
Read more
Judge shrinks Madoff trustee $905 mln lawsuit vs Florida firm
NEW YORK, July 21 (Reuters) - A federal bankruptcy judge on
Thursday narrowed a $905 million lawsuit filed by the trustee
seeking money for Bernard Madoff's victims against executives
who ran a...
Read more
Thursday narrowed a $905 million lawsuit filed by the trustee
seeking money for Bernard Madoff's victims against executives
who ran a...
Read more
U.S.-based emerging-market debt funds attract most money on record -Lipper
NEW YORK, July 21 (Reuters) - Investors poured the most
money on record into U.S.-based funds that buy emerging-market
countries' debt in the week ended July 20, Thomson Reuters
Lipper data showed on...
Read more
money on record into U.S.-based funds that buy emerging-market
countries' debt in the week ended July 20, Thomson Reuters
Lipper data showed on...
Read more
UPDATE 2-Boeing to take more than $2 bln in accounting charges
July 21 (Reuters) - Boeing Co said on Thursday it
will take more than $2 billion in accounting charges related to
the 787, 747 and KC-46 tanker aircraft program when it reports
second-quarter results...
Read more
will take more than $2 billion in accounting charges related to
the 787, 747 and KC-46 tanker aircraft program when it reports
second-quarter results...
Read more
BRIEF-Puma Biotechnology announces 5-year data on breast cancer
* "look forward to obtaining full 5-year dfs data, which we
anticipate will be available in 2017"
Read more
anticipate will be available in 2017"
Read more
US STOCKS SNAPSHOT-Wall St falls as Intel, transport earnings weigh
NEW YORK, July 21 (Reuters) - Wall Street cooled off on
Thursday as disappointing quarterly reports from tech stalwart
Intel and from transportation companies stalled momentum in a
U.S. corporate...
Read more
Thursday as disappointing quarterly reports from tech stalwart
Intel and from transportation companies stalled momentum in a
U.S. corporate...
Read more
CANADA STOCKS-TSX rises to 11-month high as mining stocks rally
TORONTO, July 21 (Reuters) - Canada's main stock index rose
to a fresh 11-month high on Thursday as mining stocks rallied
and after strong earnings reports boosted the shares of Rogers
Communications...
Read more
to a fresh 11-month high on Thursday as mining stocks rallied
and after strong earnings reports boosted the shares of Rogers
Communications...
Read more
UPDATE 2-Amazon enters student loan business in partnership with Wells Fargo
July 21 (Reuters) - Amazon.com Inc is entering the
student loan business in a partnership with Wells Fargo & Co
, offering cheaper rates for loans to Amazon customers
who pay for a "Prime Student"...
Read more
student loan business in a partnership with Wells Fargo & Co
, offering cheaper rates for loans to Amazon customers
who pay for a "Prime Student"...
Read more
UPDATE 4-PulteGroup settles with activist fund Elliott
* Shares rise as much as 4.6 pct
(Adds PulteGroup's largest shareholder Bill Pulte's comments)
Read more
(Adds PulteGroup's largest shareholder Bill Pulte's comments)
Read more
BRIEF-Jaguar Resources appoints Randy Boyd as new CFO
* Announces Randy Boyd as new CFO
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
BRIEF-World Wrestling Entertainment declares quarterly dividend of $0.12 per share
* Sets regular quarterly dividend of $0.12 per share
Source text for Eikon:
]
(Bengaluru Newsroom; +1 646 223 8780)
Read more
Source text for Eikon:
]
(Bengaluru Newsroom; +1 646 223 8780)
Read more
BRIEF-ESO Solutions Inc says it has sold $17.7 million in equity financing
* Eso Solutions Inc says it has sold $17.7 mln in equity
financing - SEC Filing
Source - http://bit.ly/29WioVl
(Bengaluru Newsroom; +1 646 223 8780)
Read more
financing - SEC Filing
Source - http://bit.ly/29WioVl
(Bengaluru Newsroom; +1 646 223 8780)
Read more
Amazon enters student loan business in partnership with Wells Fargo
July 21 (Reuters) - Amazon.com Inc is entering the
student loan business in a partnership with Wells Fargo & Co
, the companies announced Thursday.
Read more
student loan business in a partnership with Wells Fargo & Co
, the companies announced Thursday.
Read more
Deals of the day- Mergers and acquisitions
July 21 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1500 GMT on
Thursday:
Read more
acquisitions and disposals were reported by 1500 GMT on
Thursday:
Read more
BRIEF-Biostage says cellspan implants being advanced, tested in preclinical studies
* Biostage appoints Harout Dersimonian, PH.D. as chief
scientific officer to oversee cell biology, materials science
and other research underlying its organ implant development
Read more
scientific officer to oversee cell biology, materials science
and other research underlying its organ implant development
Read more
Swiss seize van Gogh, Monet paintings in 1MDB case
ZURICH, July 21 (Reuters) - Swiss authorities acting on a
U.S. request have seized three valuable paintings linked to an
investigation into scandal-hit Malaysian state fund 1MDB, they
said on...
Read more
U.S. request have seized three valuable paintings linked to an
investigation into scandal-hit Malaysian state fund 1MDB, they
said on...
Read more
BRIEF-Biogen CEO to step down; sees FY rev of about $11.2-$11.4 bln
* Biogen inc says Q2 Tecfidera revenue of $987 million
versus. $883.3 million in the same quarter last year
Read more
versus. $883.3 million in the same quarter last year
Read more
Johnson Controls posts lower quarterly net income in
July 21 (Reuters) - Johnson Controls Inc, a
multi-industry U.S. manufacturer, reported lower quarterly net
income on Thursday as sales in its automotive interiors segment
slipped.
Read more
multi-industry U.S. manufacturer, reported lower quarterly net
income on Thursday as sales in its automotive interiors segment
slipped.
Read more
BRIEF-Intersil Corp enters into amended, restated credit agreement
* Intersil Corp says on July 19, 2016 entered into an
amended and restated credit agreement by and among Intersil,
Bank Of America N.A.
Read more
amended and restated credit agreement by and among Intersil,
Bank Of America N.A.
Read more
Turkish nationalist opposition party backs state of emergency
ISTANBUL, July 21 (Reuters) - Turkey's nationalist
opposition party supports the government's decision to declare a
state of emergency because it is in the national interest, its
leader Devlet...
Read more
opposition party supports the government's decision to declare a
state of emergency because it is in the national interest, its
leader Devlet...
Read more
D.R. Horton profit boosted by higher home sales
July 21 (Reuters) - D.R. Horton Inc, the largest
U.S. homebuilder, reported a 13 percent rise in quarterly profit
as it sold more homes.
Read more
U.S. homebuilder, reported a 13 percent rise in quarterly profit
as it sold more homes.
Read more
Dunkin' Brands quarterly revenue rises 2.3 pct
July 21 (Reuters) - Dunkin' Brands Group Inc's
quarterly sales rose 2.3 percent as demand increased for its
flavored iced coffee and it benefited from a new feature on its
app that allows customers...
Read more
quarterly sales rose 2.3 percent as demand increased for its
flavored iced coffee and it benefited from a new feature on its
app that allows customers...
Read more
CEE MARKETS-Long-term bonds ease ahead of auctions, ECB meeting
* Polish, Hungarian bond yields rise, track euro zone peers
* Uncertain if ECB will announce new stimulus
* Hungarian bond auction still seen drawing good demand
By Sandor Peto
...
Read more
* Uncertain if ECB will announce new stimulus
* Hungarian bond auction still seen drawing good demand
By Sandor Peto
...
Read more
European shares decline as airline stocks slump
LONDON, July 21 (Reuters) - European stock markets fell on
Thursday, weighed down by a drop in the shares of major airlines
after Lufthansa issued a profit warning.
Read more
Thursday, weighed down by a drop in the shares of major airlines
after Lufthansa issued a profit warning.
Read more
BRIEF-Joy Global to be acquired by Komatsu in $3.7 billion all-cash transaction
* Board unanimously approved merger agreement under which
subsidiary of Komatsu Ltd will buy Joy Global in all-cash
transaction
Read more
subsidiary of Komatsu Ltd will buy Joy Global in all-cash
transaction
Read more
UPDATE 2-UK Stocks-Factors to watch on July 21
July 21 (Reuters) - Britain's FTSE 100 index is seen opening down 16
points, or 0.2 percent, on Thursday, according to financial bookmakers, with
futures down 0.2 pct ahead of cash market open.
Read more
points, or 0.2 percent, on Thursday, according to financial bookmakers, with
futures down 0.2 pct ahead of cash market open.
Read more
BRIEF-MB Financial reports Q2 EPS $0.56
* Qtrly net interest margin increased two basis points to
3.57% compared to 3.55% last quarter
Read more
3.57% compared to 3.55% last quarter
Read more
Wednesday, July 20, 2016
French and Benelux stocks-Factors to watch on July 21
PARIS, July 21 (Reuters) - Below are company-related news
and stories from French and Benelux media which could have an
impact on the region's markets or individual stocks.
Read more
and stories from French and Benelux media which could have an
impact on the region's markets or individual stocks.
Read more
PRESS DIGEST- New York Times business news - July 21
July 21 (Reuters) - The following are the top stories on the
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
PRESS DIGEST - Wall Street Journal - July 21
July 21 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
JGBs slip, led by superlong maturities amid extra budget talk
TOKYO, July 21 (Reuters) - Japanese government bonds fell on
Thursday, led by the superlong zone, as the Japanese government
geared up to unveil another stimulus package.
Read more
Thursday, led by the superlong zone, as the Japanese government
geared up to unveil another stimulus package.
Read more
UPDATE 7-U.S. sues to seize $1 bln in assets tied to Malaysian state fund
* Singapore seizes $240 million in 1MDB-related funds
(Adds Singapore central bank action, Malaysia opposition)
Read more
(Adds Singapore central bank action, Malaysia opposition)
Read more
UPDATE 3-Musk "master plan" expands Tesla into trucks, buses and car sharing
July 20 (Reuters) - Tesla Motors Inc Chief
Executive Elon Musk Wednesday unveiled an ambitious plan to
expand the company into electric trucks and buses, car sharing
and solar energy systems.
Read more
Executive Elon Musk Wednesday unveiled an ambitious plan to
expand the company into electric trucks and buses, car sharing
and solar energy systems.
Read more
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