Latest US Markets News
RSS-
RPT-Googles wearable Glass gadget cool or creepy
Mon May 20, 2013 6:59am EDT * Google expects Glass etiquette to evolve * Casino has banned devices while gambling * "Those things freak me out" By Alexei Oreskovic SAN FRANCISCO, May 20 (Reuters) - Google staged four discussions expounding on the finer points of its "Glass" wearable computer during last week's developer conference. Missing from the agenda, however, was a ...
-
Dar Al Arkan plans dollar-denominated Islamic bonds
Islamic bonds to fund projects and said the issue would be the first of a series of sales over the next 12 months. The Riyadh-based company appointed Bank Al Khair, Goldman Sachs, Deutsche Bank, Emirates NBD Capital, Masraf Al Rayan and Qinvest to manage the issue, it said in a statement to the Saudi bourse on Monday. Dar Al Arkan plans to sell benchmark-sized, five-year notes that may be ...
-
UPDATE 1-Goldman exits Chinas ICBC seven years and billions later
Mon May 20, 2013 6:43am EDT By Fiona Lau and Elzio Barreto HONG KONG May 20 (Reuters) - Goldman Sachs launched on Monday the sale of about $1.1 billion worth of Hong Kong-traded shares in Industrial and Commercial Bank of China , offering to sell its entire remaining stake in the world's biggest bank by market value. The sale by Goldman would be the final chapter in the Wall Street ...
More US Markets News
RSS-
JA Solar posts another quarterly loss
Mon May 20, 2013 6:43am EDT May 20 (Reuters) - Solar products maker JA Solar Holdings Co Ltd reported another quarterly loss as lower prices for panels that convert sunlight into electricity hurt the Chinese company's chances of profitability for the eighth time in a row. Operating loss narrowed to $13.7 million in the first quarter ended March 31, from $25.6 million a year earlier. The net ...
-
Market Snapshot Stock futures flat no data Fed’s Evans to speak
MADRID (MarketWatch) -- U.S. stock market futures pointed to a flat open on Monday, with investors seen taking a breath after a blockbuster prior week. There's no data on the calendar, though Chicago Federal Reserve President Charles Evans is due to ...
-
UPDATE 1-China offers India a handshake across the Himalayas
Mon May 20, 2013 6:35am EDT By Frank Jack Daniel and Rajesh Kumar Singh NEW DELHI May 20 (Reuters) - India and China will study new ways to ease tensions along their ill-defined border, Chinese Premier Li Keqiang said on Monday in his first foreign trip since taking office, which comes just weeks after a military stand-off between the Asian giants in the Himalayas. The number two in the Chinese ...
-
Deals of the day -- mergers and acquisitions
Mon May 20, 2013 6:13am EDT May 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Monday: ** Tom Wheeler, nominated to become the new chairman of the Federal Communications Commission, pledged to divest stakes in AT&T Inc, Dish Network Corp, Google Inc and dozens of other tech and telecoms companies if he is confirmed. ** The largest U.S. ...
-
Egypt sells $38.4 mln at forex auction on Monday
CAIRO | Mon May 20, 2013 6:11am EDT CAIRO May 20 (Reuters) - Egypt's central bank sold $38.4 million to banks in a foreign exchange auction on Monday at a cut-off price of 6.972 Egyptian pounds to the dollar. The cut-off price at the previous auction on Wednesday was 6.966 pounds. On the black market, one dealer offered to buy dollars for 7.40 pounds and to sell dollars at 7.45 ...
-
Press Digest-canada-may 20
Mon May 20, 2013 6:10am EDT May 20 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL * Prime Minister Stephen Harper's chief of staff has resigned over his role in the C$90,000 ($87,600) bailout of former Conservative Senator Mike Duffy's expense account. Nigel ...
-
Singapores CapitaLand launches $520 mln convertible bond-terms
HONG KONG | Mon May 20, 2013 5:58am EDT HONG KONG May 20 (Reuters) - CapitaLand Ltd, the biggest property developer in Southeast Asia, plans to raise up to $520 million in convertible bonds due 2020, according to a term sheet of the deal seen by Reuters on Monday. The bonds were launched with a coupon of 1.375 percent to 1.875 percent and an initial conversion price of S$4.901 to ...
-
Elan to fund buying spree with USD800m high-yield bond
By Natalie Harrison Mon May 20, 2013 5:45am EDT LONDON, May 20 (IFR) - Irish drugmaker Elan will stage a return to the bond market this week with a USD800m high-yield offering that will fund share purchases, capital expenditure and acquisitions. The company, rated Ba3/B+, announced Morgan Stanley as sole bookrunner on the eight-year senior note, callable after three years, coinciding with an ...
-
Goldman Sachs to exit ICBC with $1.1 bln stake selldown-IFR
HONG KONG | Mon May 20, 2013 5:44am EDT HONG KONG May 20 (Reuters) - Goldman Sachs launched on Monday a sale of about $1.1 billion worth of Hong Kong-traded shares in Industrial and Commercial Bank of China, offering to sell its entire remaining stake in the world's biggest bank. Goldman offered the shares in ICBC in a range of HK$5.47 to HK$5.50, equivalent to a discount of up to 3 ...
-
UPDATE 1-Elan strikes more deals to repel Royalty bid
Mon May 20, 2013 5:24am ...
-
CORRECTED-BRIEF-Talisman Energy says gross production expected to reach 15000 bblsday from 2 Vietnam oil fields
Mon May 20, 2013 5:23am EDT (Corrects headline to say gross production is expected to reach 15,000 bbls/day from 2 fields in Vietnam, not the whole company) May 20 (Reuters) - Talisman Energy Inc : * Announces first oil from hst/hsd development, offshore Vietnam growth continues in core Asia-pacific region * Says gross production is expected to reach 15,000 bbls/day once the facilities are ...
-
Diary-non Sp Week Ahead
THOMSON REUTERS, Diary of Non S&P 500 Corporate earnings for U.S. companies from May 20, 2013. S&P 500 Earnings - Monthly S&P 500 Earnings - Day Ahead S&P 500 Earnings - Weekly Non S&P 500 - Day Ahead ConferenceCall/Webcast - Weekly ConferenceCall/Webcast - Day Meetings - ...
-
Encouraging signs for global economy push European shares to new 5-year high
* FTSEurofirst 300 index rises 0.1 percent * Auto, travel shares help index to set 5-yr high * Ryanair jumps after forecast-beating results By Atul Prakash LONDON, May 20 (Reuters) - European shares set a new five-year high for a fourth straight session on Monday after positive indicators from the United States and Japan pointed to an improving global economic outlook. At 0803 GMT, the ...
-
Strong US dollar continues Yen weakening may be completed
The US dollar's outperformance of the pound has continued despite the recent run of better UK data, and that trend is likely to continue today. UK housing had further confirmation of growth this morning from the Rightmove survey, showing new record asking prices nationally. The rest of the week has plenty to focus on with CPI inflation, Bank of England MPC minutes, retail sales and the ...
-
Blavatnik may buy stake in Russian mobile retailer-report
MOSCOW | Mon May 20, 2013 4:26am EDT MOSCOW May 20 (Reuters) - Billionaire American industrialist Leonard Blavatnik may buy a stake in Russian mobile phone retailer Svyaznoy for $200 million, Russia's business daily Vedomosti reported on Monday, citing a source close to one of the retailer's shareholders. The Odessa-born tycoon is founder and chairman of Access Industries, ...
-
Obama to address Guantanamo prison drone program
Obama will address the U.S. secret drone program's legality and his pledge to shut the Guantanamo Bay detention camp, a White House official said. Obama will address them in a speech Thursday at the Defense Department's National Defense University in Washington -- a speech that will focus on how he intends to bring his counter-terrorism policies in line with the legal structure and ...
-
New outlet for bonds education
A new financial website, InvestinginbondsEurope.org, has been launched to offer retail investors free access to comprehensive, non-commercial and unbiased education, by the Securities Industry and Financial Markets Association (SIFMA). The site, which is the first of its kind, provides fixed income market information in English, German, French, Italian and Spanish in a pan-European ...
-
FOREX-Yen edges up on ministers comments could dip again
Mon May 20, 2013 4:15am EDT * Economy minister suggests yen has weakened enough * BOJ meeting, Bernanke's Congressional testimony in focus * Dollar index off near-3-yr high By Anirban Nag LONDON, May 20 (Reuters) - The yen rose from a 4-1/2-year low against the dollar on Monday after Japan's economy minister suggested the country's currency might have weakened enough, leading some ...
-
Hong Kong IPO Pipeline - May 20
HONG KONG, May 20 (Reuters) - The following are some of the major companies planning initial public offerings and new listings on the Hong Kong stock exchange. Please contact Elzio Barreto at elzio.barreto@thomsonreuters.com or (+852) 2843-1608 to submit entries for this diary. Click on the square bracket for the latest story. ** Denotes new entry or update ^ Information based on local media ...
-
Metals Stocks Gold extends losing streak as bearish bets rise
LOS ANGELES (MarketWatch) -- Gold futures dropped Monday, facing an eighth straight session of losses, with data showing an increase in bearish bets on the precious metal, while silver futures were on track for their steepest decline in a ...
-
Chinese Premier Li seeks trust in India border issue irks
1 of 4. Chinese Premier Li Keqiang inspects a guard of honour during his ceremonial reception at the forecourt of India's presidential palace Rashtrapati Bhavan in New Delhi May 20, ...
-
Fitch Rates State Grid Corporation of Chinas USD bonds Final A+
California's Fiscally Disciplined Budget Positive Fitch Ratings views California's fiscal 2014 budget as continuing the disciplined approach to fiscal management shown by the state in recent years. California's economic outlook cautiously forecasts that the expiration of the federal payroll tax holiday and federal sequestration cuts will have a modestly negative impact on ...
News from around our Network
