Feb 26- Shares of department store chain J.C. Penney Co Inc tumbled 12 percent in after-hours trade on Thursday after it posted a surprise quarterly loss and forecast small margin improvements this year. J.C. Penney said sales at stores open more than a year rose 4.4 percent in the holiday quarter, the high end of its guidance for 3.5 to 4.5 percent growth, driven by...» Read More
NEW YORK, Sept 30- Brent oil slipped below $97 a barrel on Tuesday, hit by dollar strength and ample supply, and U.S crude also fell as both benchmarks headed for the deepest quarterly drop in more than two years. Brent for November delivery was down 97 cents at $96.23 per barrel at 11:06 a.m. EDT.
NEW YORK, Sept 30- The dollar surged on Tuesday after data showed inflation in the euro zone barely rose in September, with the U.S. currency on track for its biggest quarterly gain in six years, while world stock markets headed to their largest quarterly drop in more than two years.
Sept 30- U.S. drugstore chain operator Walgreen Co reported a 6.2 percent rise in quarterly sales, helped by higher prescription sales, sending its shares up more than 3 percent in premarket trading.
DEARBORN, Sept 29- Higher recall costs in North America and steeper losses in Russia and South America have caused Ford Motor Co to slash its forecast for pretax profit this year to $6 billion, from $7 billion to $8 billion previously, executives told investors at a briefing on Monday.
NEW YORK, Sept 29- Global equity markets fell on Monday as civil unrest in Hong Kong weighed on investor sentiment, while Treasury prices rose as further signs of the relative strength of the U.S. economy raised the prospect of higher interest rates.
NEW YORK, Sept 29- U.S. stocks were sharply lower on Monday, extending the previous week's decline on heavy volume as investors monitored the continued civil unrest in Hong Kong for any potential impact on Chinese growth.
*Hong Kong civil unrest hurts risk assets, helps Treasuries. NEW YORK, Sept 29- Treasuries prices gained on Monday as civil unrest in Hong Kong weighed on global stock markets, and the yield curve flattened as investors bet that U.S. economic data would continue to improve.
NEW YORK, Sept 29- U.S. stock index futures pointed to a weaker open on Monday, with investors monitoring the continued civil unrest in Hong Kong for any potential impact on Chinese growth. China faced one of its biggest political challenges since the Tiananmen Square massacre as hundreds of democracy protesters faced down tear gas and police baton charges.
*U.S. crude for November delivery had fallen 57 cents to $92.97 a barrel by 0007 GMT, after finishing $1.01 higher on Friday on the back of strong U.S. economic data.
Brown, a crusader against the role that Wall Street banks play in commodity markets, warned that Congress would write new laws if the CFTC and foreign regulators were unable to fix what he called "ongoing irregularities" in the market.
*Gross exits Pimco, joins Janus Capital; bond prices fall. News that Gross, a Pimco co-founder who managed the $222 billion Pimco Total Return Fund, will be joining Janus Capital Group pressured short- and intermediate-dated U.S. Shares of Janus Capital ended up 43 percent at $15.89, the stock's best one-day advance in its history.
*Indexes up: Dow 1 pct, S&P 0.9 pct, Nasdaq 1 pct. NEW YORK, Sept 26- U.S. stocks ended higher on Friday, with the S&P 500 rallying back above a key technical level, but the advance was not enough to offset recent declines and major indexes closed out their worst week of the past eight.
NEW YORK/ LONDON, Sept 26- Gold fell on Friday as a dollar-driven rally encouraged by U.S. economic growth dimmed bullion's investment appeal, sending the metal's prices toward a key support level at $1,200 an ounce. Bullion posted its fourth consecutive weekly loss, its longest losing streak since April 2013, after the U.S.
NEW YORK, Sept 26- U.S. stocks were higher in afternoon trading on Friday, with major indexes staging a rebound from their biggest drop since July on the back of data showing the economy expanded in the second quarter.
WASHINGTON, Sept 26- The U.S. economy grew at its fastest pace in 2-1/ 2 years in the second quarter with all sectors contributing to the jump in output in a bullish signal for the remainder of the year. "It increases our confidence that strong growth is obtainable in the second half of this year," said Chris Rupkey, chief financial economist at MUFG Union Bank in New York.
NEW YORK, Sept 26- U.S. stocks were higher approaching the midpoint of the session on Friday, with major indexes staging a modest bounce back from their biggest drop since July, after data showed the economy grew at its fastest pace in more than two years.
NEW YORK, Sept 26- World equity markets climbed on Friday as data showed the U.S. economy grew at its fastest pace in more than two years in the second quarter, while U.S. bond prices dipped after news high-profile investor Bill Gross is leaving Pimco for a rival firm.
NEW YORK, Sept 26- U.S. stock investors, despite finding few areas of the market that appear cheap with indexes near records, appear reluctant to jump into what could be the biggest bargain out there. Bank of America, Citigroup and JPMorgan Chase all have NIMs below the industry medium of 3.6 percent.
*Pimco CIO Bill Gross joins Janus Capital. Treasuries prices dipped Friday, erasing earlier gains on news that Pimco Chief Investment Officer Bill Gross would be joining rival Janus Capital Group, which spurred concerns of investor redemptions at the world's largest bond fund manager.
HONG KONG, Sept 26- Hong Kong's main share index opened down on Friday following New York's fall, but losses were pared by rebounding casinos, while mainland markets were tepid. The China Enterprises Index of the top Chinese listings in Hong Kong was off 0.4 percent.