Bonds may be out of favor, but experts say emerging markets fixed income still offers plenty of value.» Read More
Alibaba, which handles more transactions than Amazon.com Inc and eBay Inc combined, is expected to price within the $66 to $68 per American depository share range, according to CNBC and an investor source.
*Supply risks rise with Libyan setback, OPEC talk. Brent prices slid sharply around 11:34 a.m. EDT, dropping 60 cents a barrel within 13 minutes, while U.S. crude tumbled 90 cents over the same period. The decline in the global benchmark Brent price was limited by a drop in Libya's output and talk of OPEC production cuts.
Sept 18- Rite Aid Corp cut its full-year profit forecast for the second time in about three months due to lower margins in its pharmacy business, sending its shares down more than 16 percent.
*Supply risks rise with Libyan setback, OPEC talk. NEW YORK, Sept 18- Oil traded lower on Thursday, pressured by ample supply and concern over a weakening of demand growth in major consumer nations, as well as by a rise in the U.S. dollar. The decline in the global benchmark Brent price was limited by a drop in Libya's output and talk of OPEC production cuts.
NEW YORK— UPS will hire up to 95,000. Kohl's plans to take on 67,000 and FedEx 50,000. Wal-Mart will add 60,000.. One after the other, a flurry of major U.S. retail and transportation companies announced sharp increases this week in the number of temporary workers they plan to hire for the holiday season.
CHICAGO— Grain futures were lower Thursday in early trading on the Chicago Board of Trade. Wheat for Dec delivery was unchanged at $4.9925 a bushel; Dec corn was 2.50 cents lower at $3.3925 a bushel; Dec oats were unchanged at $3.4650 a bushel; while Nov soybeans declined 8.75 cents to $9.7375 a bushel.
CHICAGO— Editors and reporters meeting in Chicago raised concerns Wednesday about what they described as a lack of access and transparency undermining journalists' work, several blaming the current White House for setting standards for secrecy that are spreading nationwide.
DALLAS- Federal Reserve Bank of Dallas President Richard Fisher moderates panel, "Perspectives on the Fed's Role in International Crises" before a conference hosted by the Federal Reserve Bank of Dallas- 2100 GMT.
Sept 17- The Michigan Strategic Fund board gave final approval on Wednesday for the sale of up to $450 million of 30- year revenue bonds for a downtown Detroit arena that will be home to the National Hockey League's Detroit Red Wings.
NEW YORK, Sept 17- Stock markets around the world closed with modest gains on Wednesday after the U.S. The dollar hit a 14- month high and the benchmark U.S. 10- year Treasury note yield hit its highest level since July 7 after the Fed's projections suggested that some officials see rates rising more quickly than the U.S. central bank projected three months ago.
It opened its first flagship store in New York City's chic Soho neighborhood in 2006. With the addition this week of a new location in Wayne, New Jersey, the company- owned by the world's fourth-largest fashion retailer, Fast Retailing Co- now operates 26 U.S. stores.
NEW YORK, Sept 17- Brent turned lower and U.S. crude extended losses on Wednesday after a government report showed crude stocks rose sharply in the United States last week and as a strong dollar continued to create headwinds for dollar-denominated commodities.
Sept 17- Nucor Corp shares rose to a six-year high on Wednesday after the steelmaker said it would report higher-than-expected third-quarter earnings. Nucor said it expected to post a third-quarter profit of 70 cents to 75 cents per share.
CHICAGO— A legislative panel said Tuesday that it wants more time to decide whether rules written by the Department of Natural Resources to govern hydraulic fracturing in Illinois can take effect.
*OPEC could trim 2015 output to 29.5 mln bpd- Badri. Brent was down 42 cents at $98.63 a barrel by 1457 GMT, after closing up $2.40 in the previous session, the biggest daily gain since Sept. 3. "It looks like we've got extra oil hanging around- that was the initial shock of the number," said Phil Flynn, an analyst at the Price Futures Group in Chicago.
CHICAGO— Grain futures were mixed Wednesday in early trading on the Chicago Board of Trade. Wheat for Dec delivery was unchanged at $4.9625 a bushel; Dec corn was 2.50 cents lower at $3.4125 a bushel; Dec oats were unchanged at $3.5075 a bushel; while Nov soybeans gained 4.25 cents to $9.85 a bushel.
Barcelona was awarded 5 million euro as top finisher. Four others were awarded 1 million euros each: the metropolitan area of Kirklees, England, and the cities of Stockholm; Warsaw, Poland; and Athens, Greece.
groaned Stephanie Leon, parking a palm on her forehead in distress as she walked into Charles de Gaulle airport and saw the departures board: Her Air France flight to the Dominican Republic had been cancelled.
RENO, Nev.— A Nevada trucking company could be forced to pay more than $5.7 million if a judge formalizes a jury verdict that faulted one of its drivers for a fiery 2011 crash with an Amtrak train that killed six people and injured dozens.
CHICAGO— Federal prosecutors seeking to put the billionaire creator of Beanie Babies in prison for hiding millions in Swiss bank accounts told appellate court judges Wednesday that the toymaker's sentence of probation threatens to erode the judicial system's ability to deter other tax evaders.