New York and Illinois court rulings on 'Amazon taxes' may head to the U.S. Supreme Court to settle questions about the taxing online retail sales.» Read More
NEW YORK, Nov 1- Kroll, Moody's, and Morningstar held phone conversations with cautious bond investors Friday following a three-city roadshow by structuring lead Deutsche Bank for the first-ever home-rental bond from Blackstone, described as a hybrid RMBS/CMBS.
NEW YORK, Oct 31- Asset manager Invesco Ltd said on Thursday that its third-quarter profit rose 34 percent as strong net inflows, primarily in its retail business, helped boost assets. Assets under management at Invesco grew by $39.9 billion during the quarter to total $745.5 billion at the end of September, a 12.4 percent increase from a year earlier.
WASHINGTON, Oct 31- The world's largest retailer Wal-Mart Stores Inc on Thursday announced three new manufacturing projects by suppliers in the United States to produce footwear, curtains and glassware as part of a broader commitment to "buy American." Bill Simon, Wal-Mart's U.S. president and CEO, made the announcement with U.S.
*Facebook volatile after results, Exxon shares higher. Expedia also advanced following its results, topping the S&P 500 percentage gainers, while Facebook Inc fluctuated between steep gains and losses.
Oct 31- Asset manager Invesco Ltd said on Thursday that its third-quarter profit rose 34 percent due to strong net inflows across a range of investments.
The Atlanta- based money manager, which oversees the PowerShares line of exchange-traded funds, said net profit rose to $228.1 million, or 51 cents per share, from $170.6 million, or 38 cents per share, a year earlier.
Oct 30- Online travel agency Expedia Inc reported a third-quarter profit that beat Wall Street estimates and said business referrals from review site TripAdvisor Inc. have improved, sending its shares up 18 percent in extended trading. Online travel agencies such as Expedia and Priceline.com depend heavily on leads from TripAdvisor.
Berkshire Partners and Barclays declined to comment. It is the fourth biggest player in the U.S. optical market behind Luxottica Group Spa, Wal-Mart Stores Inc and Visionworks of America Inc..
*Profit 79 cents a share excluding items vs estimate of 75 cents. Oct 30- Low-cost carrier Spirit Airlines Inc on Wednesday reported a higher-than-expected quarterly profit, helped by increased airfares and fees for baggage and other services.
WASHINGTON, Oct 25- A proposal that would require stock exchanges to be better equipped to handle market disruptions does not go far enough to hold senior officials accountable for failures, Securities and Exchange Commission member Luis Aguilar said on Friday. The SEC proposed in March the "Regulation Systems Compliance and Integrity," or Reg SCI.
NEW YORK, Oct 25- The Federal Reserve meeting next week is not on the minds of as many people as when it met in September, but its decision to do nothing last month is providing the fuel for more share gains in Apple and Facebook, which report results next week.
Oct 25- United Parcel Service Inc said increased demand in domestic ground shipments lifted profits in the third quarter and expects online sales to boost shipping volumes as it heads into the holiday quarter.
NEW YORK, Oct 25- Simon Property Group Inc reported a better-than-expected third-quarter profit on Friday, raised its forecast for the year and said it was boosting its dividend.
Shipment volume and forecasts at UPS, along with rival FedEx Corp, are closely watched by Wall Street and considered an indication of overall economic health because of the vast amount of goods they transport.
Oct 25- United Parcel Service Inc posted a bigger quarterly profit On Friday, led by demand in domestic ground shipments. For the third quarter, the Atlanta- based company earned $1.10 billion, or $1.16 a share, compared with $469 million or 48 cents a share a year earlier.
Oct 23- Edward Andrews Homes, a single-family homebuilder and land developer, said it has teamed up with the real estate arm of Carlyle Group LP to build single-family homes, a sign of continuing private equity interest in the U.S. property market.
WASHINGTON, Oct 23- The Environmental Protection Agency on Wednesday kicked off an 11- city "listening tour" as part of its effort to craft emissions rules for existing power plants under the Obama administration's strategy to address climate change. The tour started in New York and Atlanta, with meetings wrapping up on Nov. 8.
The fleet of exiting power plants will be the main target of President Barack Obama's climate action plan, which requires the EPA to propose a rule to regulate their emissions by June 2014. The EPA on Wednesday kicked off an 11- city listening session tour to solicit feedback from states that will need to implement plans to reduce power plant emissions.
The tour starts in New York and Atlanta. Meetings will then be held from Boston to Seattle, wrapping up on Nov. 8. The EPA will use a rarely employed section of the federal Clean Air Act, known as section 111, and will rely heavily on input from states to craft a flexible rule that can be applied to states with different energy profiles.
Oct 22- Health insurer Centene Corp raised its revenue growth forecast for 2014 based on a new Medicaid contract win in Florida and expansion of others. Centene confirmed that glitches stopped consumers from accessing its plans, which are currently listed on federal exchanges in Arkansas, Florida, Georgia, Indiana, Mississippi, Ohio and Texas.