Marriott is opening the tallest hotel in America in New York City, with CNBC's Sue Herera. Janis Milham, Marriott Courtyard vp and global brand manager, provides insight.» Read More
*Founder Ercil was formerly Asia head of Perry Capital. *Opportunities for Asia distressed asset investment growing. ARCM, founded by Alp Ercil, the former Asia head of New York- based Perry Capital, has become one of the largest hedge fund companies in the region.
*Aussie also firmer due in part to strong China trade data. TOKYO/ SYDNEY, Dec 9- The euro raced to a near six-week high against the dollar and scaled a fresh five-year peak versus the yen on Monday after strong U.S. payrolls data boosted risk appetite despite threats of a possible reduction in the U.S. monetary stimulus.
*Aussie also firmer due in part to strong China trade data. SYDNEY, Dec 9- The euro raced to a near six-week high against the dollar and scaled a fresh five-year peak on the yen on Monday as investors ploughed back into the common currency after an unexpectedly upbeat U.S. jobs report failed to impress dollar bulls.
*Asian markets look well placed in wake of Wall St gains. SYDNEY, Dec 9- Asian markets were poised to move higher on Monday, energised by a potent cocktail of upbeat Chinese trade data, a weaker yen and a firm finish on Wall Street.
Marching north, it was expected to pummel the East Coast with snow, sleet, and freezing rain from Baltimore to north of Portland, Maine, according to the National Weather Service. The Delaware Memorial Bridge, which links Delaware with New Jersey, was closed briefly "due to ice and multiple accidents," according to the bridge's official Twitter account.
The storm was moving up the East Coast, with snow, sleet, and freezing rain expected from Baltimore, Maryland, to north of Boston, according to the National Weather Service. The system was expected to reach Philadelphia and New York City by Sunday afternoon and linger over the area through Monday morning's rush hour commute.
Inconclusive data in the United States has given few clues as to when the Federal Reserve might bring its policy of easy money to an end, while markets are still waiting for the European Central Bank to come to the euro zone's rescue again with more than just another interest rate cut.
Filed in U.S. District Court in New York, the Martoma documents showed how extensively investigators questioned Cohen about the trading at the center of the case against Martoma, who was charged in November 2012 with insider trading in what is said to be the most lucrative such U.S. scheme ever.
NEW YORK, Dec 6- U.S. companies are sounding the alarm on fourth-quarter earnings, lowering profit estimates just as the stock market is poised to end its best year since 1998.. "There's a natural tendency on the part of Wall Street in any given year to be overly optimistic as it relates to the back half of the year...
Daegis Inc.: Approximately 1,231,500 shares changed hands, a 2,701.7 percent increase over its 65- day average volume. The shares fell$. 01 or 1.1 percent to$. 93. Euro Tech Holdings Co. Ltd.: Approximately 380,700 shares changed hands, a 2,920.0 percent increase over its 65- day average volume.
ASM International NV: Approximately 200 shares changed hands, a 97.0 decrease from its 65- day average volume. The shares rose$. 21 or. 6 percent to $32.86. Kingstone Cos Inc.: Approximately 100 shares changed hands, a 96.9 decrease from its 65- day average volume.
NEW YORK-- A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:. Allison Transmission Holdings Inc.: Approximately 2,579,900 shares changed hands, a 456.6 percent increase over its 65- day average volume. The shares rose$. 72 or 2.6 percent to $27.96.
NEW YORK-- A look at the 10 biggest volume decliners on New York Stock Exchange at the close of trading:. American Midstream Partners LP: Approximately 1,900 shares changed hands, a 88.4 decrease from its 65- day average volume. The shares fell$. 03 or. 3 percent to $11.62.
Coca-Cola Co. rose$. 63 or 1.6 percent, to $40.46. Dr Pepper Snapple rose$. 79 or 1.6 percent, to $49.00. Molson Coors Brewing Co. rose$. 95 or 1.8 percent, to $54.96.
Kroger rose$. 38 or. 9 percent, to $40.44. Safeway rose$. 43 or 1.3 percent, to $33.07. Supervalu rose$. 02 or. 3 percent, to $6.36.
Barrick Gold Corp. fell$. 03 or. 2 percent, to $15.40. Gold Fields Ltd ADS fell$. 01 or. 3 percent, to $3.55. Newmont Mining Corp. fell$. 18 or. 8 percent, to $23.02.
Allergan rose $1.70 or 1.8 percent, to $98.20. Baxter International Inc. rose$. 69 or 1.0 percent, to $67.39. Boston Scientific Corp. rose$. 51 or 4.5 percent, to $11.85.
Amgen Inc. rose$. 77 or. 7 percent, to $114.12. Biogen Idec rose $5.98 or 2.1 percent, to $290.90. Celgene Corp. rose $1.92 or 1.2 percent, to $166.43.
NEW YORK-- Shares of some top telecom companies were up at the close of trading:. AT&T Inc. rose$. 28 or. 8 percent, to $34.53. Verizon Communications Inc. rose$. 57 or 1.2 percent, to $49.48.
Apple Inc. fell $7.88 or 1.4 percent, to $560.02. Hewlett Packard Co. rose$. 45 or 1.7 percent, to $27.70. International Business Machines Corp. rose $1.59 or. 9 percent, to $177.67.