London hedge funds Odey Asset Management and Egerton Capital are among those upping their bets against Monte dei Paschi di Siena in recent days, after revelations the troubled Italian bank faces heavy losses.
LONDON, Feb 3- Big-name London hedge funds Odey Asset Management and Egerton Capital are among those upping their bets against Monte dei Paschi di Siena in recent days, after revelations the troubled Italian bank faces heavy losses.
Japan's All Nippon Airways is in talks with U.S. aircraft maker Boeing to speed up the delivery of three 777 jetliners as its fleet of 787 Dreamliner airplanes remains grounded with undiagnosed battery problems, the Nikkei newspaper said on Sunday.
TOKYO, Feb 3- Japan's All Nippon Airways is in talks with U.S. aircraft maker Boeing Co to speed up the delivery of three 777 jetliners as its fleet of 787 Dreamliner airplanes remains grounded with undiagnosed battery problems, the Nikkei newspaper said on Sunday.
WASHINGTON, Feb 1- U.S. officials on Friday said they are making progress in their investigation of a battery fire on a Boeing Co 787 Dreamliner in Boston this month, as the grounding of Boeing's entire fleet Of 787 s stretched into a third week.
Leaders of the House Energy and Commerce Committee first requested, in October, documents related to FDA's oversight of New England Compounding Center, the now defunct, Boston- area compounding pharmacy that was at the center of the outbreak.
NEW YORK, Feb 1- U.S.
NEW YORK, Feb 1- Wall Street's current jubilant narrative is that a rush into stocks by small investors has sparked a "great rotation" out of bonds and into equities that will power the bull market to new heights. Investors pumped $20.7 billion into stocks in the first four weeks of the year, the strongest four-week run since April 2000, according to Lipper.
*Average hourly earnings rise four cents. WASHINGTON, Feb 1- U.S. employment grew modestly in January and factory activity touched a nine-month high, supporting views the economy's mild recovery remained on track.
BOSTON, Feb 1- Legg Mason Inc interim Chief Executive Joseph Sullivan said investors should expect the company to name a new chief executive "in the not too distant future."
*McDouble price above $1 in LA, Manhattan and Chicago McDonald's promoting $1 Grilled Onion Cheddar Burger. Feb 1- McDonald's popular $1 McDouble cheeseburger, which has lured customers to the Golden Arches since 2008, is getting hard to sustain as rising beef prices threaten the company's profit margin.
Helped by start-ups in and around Toronto's financial district, the Canadian industry is estimated to manage more than C $30 billion, up from about $15 billion four years ago.
TOKYO, Jan 31- All Nippon Airways said on Thursday its flight cancellations in January due to the grounding of Boeing Co's 787 Dreamliner jet would result in 1.4 billion yen in decreased revenue. The Group has calculated that the impact of these cancellations will amount to circa 1.4 billion yen of decreased revenue, "the carrier said.
*Brent crude hits highest since Oct 16. NEW YORK, Jan 30- Commodities rallied on Wednesday, with oil, corn and soybean prices hitting multi-week highs, propelled by encouraging economic data from Europe, a weak dollar and concerns about tighter supplies of raw materials. Federal Reserve to maintain its monthly $85 billion bond-buying stimulus plan.
*Global Aerospace backed by Berkshire, Munich Re. LONDON, Jan 30- Boeing Co has some insurance in case its aircraft are grounded, but it is far too soon to say whether the problems with the 787 Dreamliner will lead to significant claims, the head of the planemaker's lead insurer said on Wednesday.
*Boeing sticks with lithium-ion battery despite issues. *Boeing tops estimate by 9 cents. NEW YORK, Jan 30- Boeing Co said on Wednesday it was sticking with the troubled lithium-ion battery technology that this month grounded its high-tech 787 Dreamliner, and that the grounding had no significant financial impact on its 2013 forecast.
TOKYO, Jan 30- Japan's two biggest airlines replaced lithium-ion batteries on their Boeing Co 787 Dreamliners in the months before separate incidents led to the technologically advanced aircraft being grounded worldwide due to battery problems.
*Contrafund owned $6.15 bln of Apple at end of December. Fidelity's Danoff still likes Apple's cash generation. BOSTON, Jan 30- Portfolio manager Will Danoff, whose $85 billion Fidelity Contrafund is the largest active shareholder in Apple Inc, trimmed his holdings in the maker of the iPhone by 3.1 percent in December.
*Contrafund owned $6.15 bln of Apple at end of December. *Fidelity's Danoff still likes Apple's cash generation. BOSTON, Jan 30- Portfolio manager Will Danoff, whose $85 billion Fidelity Contrafund is the largest active shareholder in Apple Inc, trimmed his holdings in the maker of the iPhone by 3.1 percent in December.