Latest US Markets News
RSS-
Icahn seeks to allay fears over lack of financing for Dell bid
Investor Carl Icahn speaks at the Wall Street Journal Deals & Deal Makers conference at the New York Stock Exchange in this June 27, 2007 file ...
-
UPDATE 1-As PPR becomes Kering Puma and Fnac problems remain
Tue Jun 18, 2013 1:54pm EDT * PPR officially changes its name to Kering * CEO defends Fnac flotation * Puma turnaround a big challenge By Astrid Wendlandt and Victoria Bryan PARIS/FRANKFURT, June 18 (Reuters) - PPR turned the page on its retail past and started a new life as a luxury and sports brands group by renaming itself Kering at its annual general meeting on Tuesday. The company will now ...
-
Stocks move higher on home building low inflation waiting for word from Federal Reserve
NEW YORK, N.Y. - The stock market is moving higher in midday trading after the government reported gains in home construction and low inflation. Investors are also sending stocks up because they expect the Federal Reserve will keep in place programs meant to prop up the economy. The Dow Jones industrial average was up 110 points, or 0.7 per cent, to 15,292 at noon Eastern Daylight Time ...
More US Markets News
RSS-
Brazil ready to face more volatility from abroad -Tombini
BRASILIA, June 18 | Tue Jun 18, 2013 1:53pm EDT BRASILIA, June 18 (Reuters) - Brazil's economy is prepared to face a recent increase in volatility in foreign markets and inflation will remain under control, central bank chief Alexandre Tombini said on Tuesday. Tombini spoke after Brazil's currency, the real, reached its weakest level in four years in intra-day trading on ...
-
Iraq excludes Kurds from ambitious 2014 oil output target
Tue Jun 18, 2013 1:38pm EDT * Target for 4.5 mln bpd output relies on southern oilfields * Kurdistan says excluded from national energy strategy * High-level committee formed to settle Baghdad-Kurd oil row By Peg Mackey LONDON, June 18 (Reuters) - Iraq aims to ramp up oil production by nearly 45 percent by the end of next year - without any input from its autonomous Kurdistan region - which ...
-
UPDATE 1-Vodafone and Liberty face battle for Kabel Deutschland
Tue Jun 18, 2013 1:32pm EDT * Kabel Deutschland seeks binding bids in 2 weeks-source * Anti-trust authorities to study any Liberty Global deal * Liberty Global continues M&A spree in Europe * Vodafone leverage lower than telecom peers By Paul Sandle and Sophie Sassard LONDON, June 18 (Reuters) - Vodafone faces a battle for Germany's largest cable company, Kabel Deutschland , although rival ...
-
COLUMN - Vetting the Syrian rebels stock gyrations and A-Rods return
Tue Jun 18, 2013 1:29pm EDT By Steven Brill June 18 (Reuters) - STORIES I'D LIKE TO SEE: VETTING THE SYRIAN ...
-
UPDATE 3-Major natgas pipeline explodes in Louisiana area evacuated
Tue Jun 18, 2013 1:21pm EDT * Part of Florida Gas Transmission line shut after explosion * Fifty-five residents evacuated * Florida gas prices up, in line with other regions By Edward McAllister and Eileen Houlihan June 18 (Reuters) - A major natural gas pipeline exploded on Tuesday in Washington Parish, Louisiana, destroying a mobile home and causing an evacuation of the area but no injuries ...
-
GE moves into Industrial Internet service with Amazon
June 18 | Tue Jun 18, 2013 1:20pm EDT June 18 (Reuters) - General Electric Co joined forces with Amazon Web Services on Tuesday to make a wide range of data on products, including jet engines and gas turbines, available online so they can be analyzed. GE said Amazon Inc is the first online "cloud" service on which it will start creating an "Industrial Internet" to tap a ...
-
AIRSHOW-Air France A350 order back on after spat -sources
PARIS, June 18 | Tue Jun 18, 2013 1:15pm EDT PARIS, June 18 (Reuters) - Air France looks poised to sign a long-awaited $7 billion deal to buy 25 Airbus A350 jets after talks narrowly avoided collapse, industry sources said on Tuesday. Air France has been at loggerheads with its suppliers over issues mainly including maintenance of the plane's Rolls-Royce engines ever since the ...
-
Obama hints at Bernanke exit from Federal Reserve
US President Barack Obama has hinted in an interview that he may be looking for a new chief of the US Federal Reserve, saying Ben Bernanke has stayed a lot longer than the current chairman had originally planned. Mr Obama, who was speaking to the PBS television network, compared Mr Bernanke to FBI Director Robert Mueller, who agreed to stay two years longer than he had planned and is to leave ...
-
Market Extra How to trade the Federal Reserve decision
NEW YORK (MarketWatch) -- The main question hanging over financial markets right now is when and how the Federal Open Market Committee will scale back its bond purchases, seen as one of the biggest drivers for investment moves this ...
-
Currencies Dollar rises vs. yen ahead of Fed decision
NEW YORK (MarketWatch) -- The U.S. dollar rose on Tuesday against the Japanese yen, as the Federal Open Market Committee prepared to kick off its two-day ...
-
UPDATE 2-FDA probes deaths of two patients on Lilly schizophrenia drug
Tue Jun 18, 2013 1:01pm EDT By Ransdell Pierson June 18 (Reuters) - The U.S. Food and Drug Administration is investigating the cases of two individuals who died after injections with Eli Lilly and Co's long-acting treatment for schizophrenia, Zyprexa Relprevv. Both patients died three to four days after receiving "an appropriate dose" of the medicine, and both had very high levels of ...
-
WRAPUP 3-U.S. inflation data points to firming economy
Tue Jun 18, 2013 1:00pm EDT * U.S. consumer prices rise 0.1 percent in May * Core prices up 1.7 percent in 12 months to May * Possible end to declines in core could comfort Fed By Jason Lange WASHINGTON, June 18 (Reuters) - U.S. inflation showed signs of stabilizing in May after a long decline, a potential comfort to Federal Reserve policymakers who want to avoid any chance of a debilitating ...
-
European shares pause awaiting stimulus clues from Fed
* FTSEurofirst 300 down 0.1 pct on day * Volumes around 80 pct of 90-day average as Fed meets * Reuters poll shows gains expected to resume by year-end By Toni Vorobyova LONDON, June 18 (Reuters) - European equities steadied on Tuesday, with investors unwilling to make large bets until there is clarity on the strength of the domestic economy and on how soon the U.S. Federal Reserve may ...
-
Rebalance of Russell index to bring volume surge at quarter-end
That is the day Russell Investments sets the final update for the annual reconstitution of its indexes after the close of trading. This rebalancing creates a surge of liquidity as investors readjust portfolios and try to take advantage of dislocations in stock ...
-
Spying thwarted Wall St attack
Army General Keith Alexander said the two recently disclosed programs - one that gathers US phone records and another that is designed to track the use of US-based internet servers by foreigners with possible links to terrorism - are critical in the terrorism fight.Intelligence officials have disclosed some details on two thwarted attacks, and General Alexander offered some information on other ...
-
Officials Surveillance info helped stop Wall St. attack plot
Updated: 12:37 p.m.The FBI on Tuesday unveiled four terrorist plots it says were prevented in large part due to information collected by the National Security Agency's controversial, top-secret data gathering programs, including planned bombings of both the New York City subway system and the New York Stock Exchange. According to Sean Joyce, the Deputy Director of the FBI, and General Keith ...
-
UPDATE 3-Swiss parliament stalls progress of U.S. tax deal
Tue Jun 18, 2013 12:37pm EDT * Lower house votes against debate * Government warns of pending U.S. indictments * Bern scrambles to limit potential damage if bill rejected * More than a dozen banks under investigation * Bill referred back to upper house for debate, vote By Katharina Bart ZURICH, June 18 (Reuters) - Switzerland's lower house of parliament has stalled a government bid to ...
-
UPDATE 1-RHJI shareholders vote to go ahead with BHF Bank bid
* Shareholders reject capital reduction by 87 pct * Leaves bid to buy BHK-Bank from Deutsche Bank intact * Acquisition pending clearance from German regulator BRUSSELS, June 18 (Reuters) - RHJ International, the Brussels-based owner of ...
-
UPDATE 1-Euro zone must agree bank recaps on Thursday - EUs Rehn
Tue Jun 18, 2013 12:34pm EDT * ESM bank recap rules still need to be agreed by ministers * Rehn confident French pension reform will be ambitious PARIS, June 18 (Reuters) - Euro zone finance ministers must hammer out an agreement at a meeting later this week over how to recapitalise banks, the European Union's top economic official said on Tuesday. The bloc's leaders agreed in June 2012 ...
-
Polish PM no concessions on $3.2 bln bill from EU road-builders
WARSAW, June 18 | Tue Jun 18, 2013 12:30pm EDT WARSAW, June 18 (Reuters) - Prime Minister Donald Tusk said on Tuesday Poland would not bow to political pressure over bills from foreign construction firms of about 10 billion zlotys ($3.2 billion) for work carried out under an EU-backed road-building programme. Tusk said he was "not impressed" by a letter from the ambassadors of ...
-
NSA head says U.S. surveillance thwarted more than 50 attacks
By Patricia Zengerle and Tabassum Zakaria WASHINGTON, June 18 | Tue Jun 18, 2013 12:26pm EDT WASHINGTON, June 18 (Reuters) - The head of the U.S. National Security Agency on Tuesday defended the broad surveillance of Americans' phone and Internet data as a vital security tool and said it had helped disrupt possible attacks more than 50 times since Sept. 11, 2001. Justifying the ...
-
US STOCKS-Wall St rises before Fed meeting to consider stimulus
Tue Jun 18, 2013 12:24pm EDT * Fed's policy committee to start two-day meeting * Sony ADRs higher as Third Point raises stake * Indexes up: Dow 0.7 pct, S&P 0.5 pct, Nasdaq 0.7 pct By Alison Griswold NEW YORK, June 18 (Reuters) - U.S. stocks rose on Tuesday, led by growth-oriented sectors, as Federal Reserve policymakers gathered for a two-day meeting to discuss the future of the Fed's ...
News from around our Network
