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  • NEW YORK, April 24- Healthcare companies on a seven-year tear have been top performers so far in 2015, helping to push broad stock indexes to record levels, but traders are now looking to protect themselves from a selloff as they await major earnings reports in the sector. Companies reporting first-quarter earnings next week include Bristol-Meyers Squibb Co,...

  • MONTREAL, April 24- When Scott O'Malia, chief executive officer of the International Swaps and Derivatives Association, took the stage at the trade group's 30th annual general meeting this week, he explained the strength of ISDA as "in a word, relevance." ISDA has been central to the growth of privately traded derivatives, fighting off regulation in the 1990 s,...

  • *Greece, creditors wrestle over reforms to reach debt deal. The absence of a breakthrough in debt negotiations between Greece and its creditors also underpinned safe-haven demand for low-risk government debt, analysts said. "We expect the FOMC to leave everything on the table and maintain a similar tone to the last statement," said Ira Jersey, head of U.S. interest...

  • *Xerox slumps as it cuts forecast. *Comcast shares up after it calls off Time Warner Cable merger. April 24- U.S. stocks were set to open higher on Friday as strong results from tech behemoths Google, Amazon and Microsoft set the Nasdaq Composite on track to extend its run after surpassing on Thursday a 15- year-old record.

  • April 24- U.S. stock index futures rose on Friday as strong results from tech behemoths Google, Amazon and Microsoft set the Nasdaq Composite on track to set a record closing high for the second straight day. *Amazon shares jumped 10 percent to $429.50 in premarket trading after the e-commerce company's revenue came in above estimates. *Microsoft shares rose 3.3...

  • Zhao Yang, fund manager of Bosera Asset Management Co, which is launching a mutual fund to invest in the city's markets, said he expected inflows from Chinese mutual funds and insurers to continue, and the valuation gap between Hong Kong and China- listed stocks to narrow further. His view was echoed by brokerage China Investment Securities, who wrote on Friday: "In...

  • *Japan's top life insurer says to restrain yen bond buying. TOKYO, April 24- Nippon Life, Japan's biggest private life insurance company, plans to keep fresh investment in domestic bonds to a minimum and allocate more funds to risk assets such as foreign bonds in the year to March, a senior executive said on Friday. The 10- year Japanese government bond yield hovered...

  • TOKYO, April 24- Japanese government bond yields hit multi-month lows on Friday as the Bank of Japan's regular debt-buying operation and firmer U.S. Investors took heart after the BOJ bought 2.5 trillion yen of short-term bills in a regular debt-purchasing operation. Uneasiness about Greece and its future in the euro zone have also underpinned safe-haven...

  • NEW YORK, April 23- New Jersey's capital city, Trenton, has canceled a bond refunding sale because its credit downgrade on Monday left it unable to save enough money for the deal to meet legal standards, Trenton's finance director told Reuters. Cash-strapped Trenton had planned to sell about $17.8 million of general improvement and sewer utility refunding...

  • NEW YORK— Here's a trick question: Are Spanish stocks up or down this year? For someone sitting in a Barcelona cafe, the answer is obviously up. The dollar's value has climbed against the Argentine peso, the New Zealand dollar and almost everything in between.

  • NEW YORK, April 23- U.S. "The weaker economic data certainly helped pulled some bids back into the market," said Andrew Richman, fixed income strategist at SunTrust Private Wealth Management in Palm Beach, Florida. Uneasiness about Greece and its future in the euro zone also underpinned safe-haven demand for Treasuries.

  • TREASURIES-U.S. yields stabilize after market selloff Thursday, 23 Apr 2015 | 9:45 AM ET

    NEW YORK, April 23- U.S. Analysts blamed the market downdraft on a combination of factors, including a perceived hawkish tilt in the minutes of the Bank of England's previous meeting as well as investors paring heavy holdings in Bunds due to the European Central Bank's bond purchase programs, and concerns about Greece striking a deal with its creditors.

  • April 23- U.S. stock index futures fell on Thursday as investors digested results from tech heavyweights, disappointing economic data from the euro zone and China, and ahead of weekly U.S. jobless claims figures. *European shares fell after growth in Germany's private sector slowed and French business activity barely grew in April, while factory activity in...

  • JGBs slip, taking cue from overseas debt selloff Thursday, 23 Apr 2015 | 3:50 AM ET

    TOKYO, April 23- Japanese government bonds fell on Thursday, pressured by an overnight selloff in U.S. Treasuries after a sharp rise in the yields on German Bunds. An auction of 40- year Japanese government bonds produced a highest accepted yield of 1.470 percent, with 33.2167 percent of the bids accepted at that yield, the Ministry of Finance said.

  • Why asset managers are worrying the Fed Thursday, 23 Apr 2015 | 2:36 AM ET
    The Federal Reserve Building in Washington, D.C.

    Sections of the U.S. financial system that may be vulnerable to investor panic are raising concerns inside the Federal Reserve.

  • Fed eyes ability of asset managers to repay in a panic Thursday, 23 Apr 2015 | 1:00 AM ET

    WASHINGTON/ NEW YORK, April 23- Sections of the U.S. financial system that may be vulnerable to investor panic are raising concerns inside the Federal Reserve, as policymakers preparing for the first interest-rate hike in nearly a decade seek to ensure that the market is ready and able to handle it whenever it happens. "Some open-ended mutual funds offer daily...

  • Brazil's Petrobras: Graft scheme cost $2.1B in losses Wednesday, 22 Apr 2015 | 7:20 PM ET

    RIO DE JANEIRO— Brazil's state-run oil company Petrobras said Wednesday that it lost $2.1 billion in an eight-year kickback scheme that saw the firm's executives taking bribes for awarding inflated contracts to suppliers. The company was cut to junk status by Moody's Investors Service in late February in large part because of the scandal.

  • April 22- If the typical mutual fund investor were a racehorse there would be a humane veterinary argument for euthanasia. Mutual fund investors had a typical year in 2014, according to the annual Dalbar Quantitative Analysis of Investor Behavior study, which is to say they lagged the underlying markets, badly. The average equity fund investor made just 5.5...

  • *Brent advances on Yemen, WTI crude choppy. NEW YORK, April 22- Stocks in major markets drifted higher on Wednesday as investors took an optimistic view of the latest batch of U.S. corporate earnings, while U.S. "People are seeing the negative effects of foreign exchange and that's not been drastically worse than expected," said Michael Sansoterra, portfolio manager...

  • Michigan governor signs bill to aid Detroit bond sale Wednesday, 22 Apr 2015 | 4:23 PM ET

    April 22- Michigan Governor Rick Snyder on Wednesday signed into law a bill aimed at reducing interest rate costs for an upcoming Detroit bond sale. Detroit privately placed $275 million of variable-rate bonds with Barclays Capital to finance its Dec. 10 exit from the biggest-ever municipal bankruptcy. The move is expected to result in investment-grade...