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Brian Kelly was not surprised by today's market pullback -- in fact, he was prepared for this. But despite the dismal jobs data, Joe Tanious, JPMorgan Funds, says the rally is not over.
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LONDON/ SEOUL- North Korea has asked embassies to consider moving staff out and warned it cannot guarantee the safety of diplomats after April 10, Britain said, amid high tension and a war of words on the Korean peninsula.
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WASHINGTON, April 5- Boeing Co has a "good plan" to fix the battery problem that has grounded its 787 Dreamliner jets, U.S.
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*Cargill, JBS, Maple Leaf Foods, Olymel biggest Canada packers. MOSCOW, April 5- Russia plans to ban meat imports from most Canadian and Mexican suppliers from April 8 over concerns about the use of the feed additive ractopamine, Russia's veterinary and phytosanitary service said on Friday.
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WASHINGTON, April 5- The United States would not be surprised if North Korea were to conduct a new missile test, White House spokesman Jay Carney told reporters on Friday. Asked about indications that North Korea might be preparing to launch a test missile amid rising tensions in the region, Carney said White House officials had seen the reports.
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WASHINGTON, April 5- A proposal by U.S. securities regulators to require exchanges to improve protection against technology glitches and natural disasters is too narrow and should include more market players, a top New York Stock Exchange official said Friday.
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NEW YORK-- Shares of PICO Holdings Inc. rose Friday after a subsidiary announced plans for an initial public offering of common stock. The company _ which is a subsidiary of PICO _ did not disclose how many shares it planned to offer or what the expected price range would be.
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*Raised $1.2 bln from investors, but cash has dwindled to $30 mln. DETROIT, April 5- Fisker Automotive, the struggling, government-backed hybrid sports car maker, terminated most of its rank-and-file employees on Friday, in a last-ditch effort to conserve cash and stave off a potential bankruptcy filing, sources said.
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NEW YORK, April 5- A federal appeals court rejected UBS AG's bid to dismiss a U.S. regulator's lawsuit seeking to hold the Swiss bank responsible for losses on mortgage securities at Fannie Mae and Freddie Mac.
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Speaking bluntly, Ackman, who sits on the JC Penney board and whose $12 billion Pershing Square Capital Management is the company's largest shareholder, said big mistakes have been made remaking the 110 year-old retail brand.
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NEW YORK, April 5- Boeing Co said it plans to make a test flight later on Friday with its 787 Dreamliner jet, aimed at returning the grounded plane to service after more than two months on the ground. Boeing said the flight is scheduled to depart around 11 a.m. PDT and last about two hours.
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NEW ORLEANS, April 5- A U.S. judge again upheld an agreement to pay individuals and businesses for claims related to BP Plc's 2010 Gulf of Mexico spill, as the oil company seeks to avoid the potential for escalating costs from the settlement it reached last year.
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*MF Global trustee says expects former customers to be made whole. NEW YORK, April 5- MF Global on Friday won court approval of a plan to liquidate its assets, pay back creditors and end the $40 billion bankruptcy that rocked the financial world in 2011..
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Brian Kelly was not surprised by today's market pullback -- in fact, he was prepared for this. But despite the dismal jobs data, Joe Tanious, JPMorgan Funds, says the rally is not over.
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LONDON, April 5- Britain's most high-profile entertainment retailer HMV was handed a lifeline on Friday when a turnaround group bought it, ensuring a future for a firm which gave the Beatles one of their first big breaks.
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Treasury Secretary Jack Lew will discuss ways that Europe can rebalance its demand to help grow the economy during a trip to the continent next week, a senior U.S. official said on Friday. "What is very clear is that overall we're seeing very weak demand in Europe and rising levels of unemployment," a senior U.S. Lew will go to France, Belgium and Germany.
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NEW YORK, April 5- Brent crude oil fell to an eight-month low below $105 a barrel on Friday as data showed a much sharper slowdown in hiring by U.S. employers than analysts had expected, feeding worries about the economy and potential fuel demand.
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DALLAS-- Southwest Airlines Co. said Friday that a key revenue measure was flat in March, another sign that airlines are struggling to sell more high-fare tickets. Southwest, which owns AirTran Airways, said that traffic on the two carriers rose 4 percent last month compared with a year earlier, as passengers flew 9.44 billion miles.
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April 5- A federal judge will not allow a lawsuit accusing Apple Inc, Google Inc and other technology companies of conspiring not to poach each other's employees to proceed as a class action, but left the door open for affected workers to eventually sue as a group.
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LONDON/ SEOUL, April 5- North Korea has asked embassies to consider moving staff out and warned it cannot guarantee the safety of diplomats after April 10, Britain said, amid high tension and a war of words on the Korean peninsula.
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NEW YORK-- Shares of Rigel Therapeutics Inc. lost more than a third of their value Friday on mixed results from a late-stage clinical trial of a rheumatoid arthritis drug the company helped develop.