NEW YORK, Dec 6- General Electric Co has agreed to pay as much as $18.25 million to settle a class action lawsuit accusing it of rigging bids for municipal securities, court papers filed on Friday show.» Read More
BRUSSELS, Sept 23- The European Central Bank is ready to offer banks more long-term loans to keep money-market interest rates from rising to levels which could push inflation too low, ECB President Mario Draghi said on Monday.
NEW YORK, Sept 23- U.S. But flows improved when U.S. participants came in to work and the market firmed, "said John Canavan, fixed income analyst at Stone& McCarthy Research Associates. The market also drew support from remarks by Fed Bank of New York President William Dudley.
DETROIT, Sept 23- General Motors Co said on Monday it would buy back just under half of its preferred shares held by the United Auto Workers health care trust for about $3.2 billion. To finance the purchase of 120 million of the Series A preferred stock from the UAW Retiree Medical Benefits Trust at $27 a share, GM said it would raise funds with a debt offering.
U.S. stock index futures were little changed in light volume following upbeat data from Germany and China, while Federal Reserve speakers could keep investors on edge after last week's hawkish comments from a top Fed official. **APPLE INC, Friday close $467.41, up 4 pct premarket.
Moody's remains the only one of the three big agencies to class Ireland as "junk", but its move to lift the rating outlook to stable from negative is against a trend of mostly negative rating actions against euro zone sovereigns in recent years.
*BlackBerry shares fall further after change in focus. NEW YORK, Sept 23- U.S. stock index futures were little changed in light volume on Monday following upbeat data from Germany and China, while Federal Reserve speakers could keep investors on edge after last week's hawkish comments from a top Fed official.
LONDON, Sept 23- Euro zone government bonds edged up on Monday, with investors seeing little change in German's supportive policy towards the region's weaker economies after Chancellor Angela Merkel won a third term. Investors were keen to see the shape of the new government in euro zone paymaster Germany. "It might start to get things moving again in Europe...
SINGAPORE/ JAKARTA, Sept 23- The U.S. The borrowing binge was a product of Indonesia's strong economic growth and record-low global interest rates. Data from Indonesia's central bank shows that 89 percent of its corporate debt is denominated in U.S. dollars.
Sept 20- Shares of cybersecurity firm FireEye Inc almost doubled in value in their trading debut on Friday, spotlighting cybersecurity firms on Wall Street and inspiring at least one industry peer to accelerate plans to go public.
Sept 20- Shares in cybersecurity firm FireEye Inc almost doubled in their trading debut on Friday as the fast-growing company that helps businesses fend off hackers went public. This will open the door for more companies to do this, "said Kim Forrest, senior analyst with Fort Pitt Capital Group.
LONDON, Sept 20- Global borrowers are hitting the bond roadshow trail, aiming to raise hundreds of billions of dollars in cheap financing after the U.S.
Barclays interest-rate strategists led by Rajiv Setia said they had revised their year-end forecast for the 10- year Treasury yield "in light of dovish signals about the pace of policy normalization conveyed by the Fed this week."
*Bullard says stimulus could wind down from October. NEW YORK, Sept 20- U.S. stock index futures dipped on Friday following comments from a senior Federal Reserve official who said that the U.S. central bank's stimulus efforts could be scaled back from as early as October.
LONDON, Sept 20- Emerging equity funds have enjoyed their second consecutive week of inflows while hard currency bond funds also posted gains for the first time since mid-May, banks said on Friday, citing data from EPFR Global. The Boston- based fund tracker releases data to clients late on Thursday.
TOKYO, Sept 20- Japanese government bonds were steady on Friday as a majority of JGB players took a wait-and-see stance, mostly shrugging off weaker U.S. As widely expected, the Bank of Japan offered to buy a total of 670 billion yen of JGBs under its buying program.
shouted a government bond trader on Schroders trading desk in New York, seconds after the Fed issued its statement, said Wes Sparks, head of U.S. fixed income at the firm. "People were scrambling to make sure they had all the information, trying to read the fine print," said Russ Certo, managing director and head of Treasuries trading at Brean Capital in New York.
BEIJING, Sept 20- Alibaba Group Holding Ltd's online mutual funds platform, which launched in June allowing customers to buy and sell a single money market fund, is set to attract more than 20 billion yuan by the end of this month.
*Treasury sells $13 bln in 10- year TIPS reopening. *Fed to purchase $1.25 bln- $1.75 bln bonds due 2036-2043 Friday. NEW YORK, Sept 19- U.S.
NEW YORK, Sept 19- Banks and other financial institutions led a charge of at least 10 issuers into the US investment-grade bond market on Thursday, after the Federal Reserve's surprise decision not to start winding down its bond-buying program just yet.
*Bonds yields drop in Japan, Germany. NEW YORK, Sept 19- World shares rose and bond yields fell on Thursday, a day after the U.S. While Wall Street's major indexes showed little follow-through on Thursday, markets that were closed at the time of the statement-- including those in Europe and Asia-- surged.