Wall Street bonuses and staff levels are expected to rise again in 2013, according to a closely watched report released on Friday by a compensation consultancy Johnson Associates.» Read More
NEW YORK, Dec 3- U.S. stocks rose at the open on Monday on upbeat factory data from China, putting the S&P 500 on pace for its fourth straight gain, but concerns over budget dealings in Washington are expected to keep traders cautious. The Dow Jones industrial average gained 49.53 points, or 0.38 percent, to 13,075.11.
*Dish Network declares special dividend. NEW YORK, Dec 3- The S&P 500 could rise for a fourth straight day on Monday as U.S. stocks were set to open higher on upbeat factory data from China, but concerns over budget dealings in Washington are expected to keep traders cautious.
NEW YORK, Dec 3- Rising demand from domestic and foreign customers helped U.S. manufacturing grow in November at its quickest pace in six months, an industry survey showed on Monday, though hiring remained sluggish. Financial information firm Markit said its U.S.
Dec 3- Archer Daniels Midland Co on Monday raised its bid for Australia's GrainCorp Ltd to $2.9 billion in cash from $2.8 billion, as the U.S. agribusiness group seeks to expand its geographic reach. Including a recently announced dividend of 35 cents per share, which GrainCorp shareholders would be able to keep, ADM said its new offer is for A $12.55 per share.
LONDON, Dec 3- Arabica coffee futures on ICE edged higher on Monday, clawing back some of the prior session's steep losses, while raw sugar and cocoa also rose, swept up in a broad-based advance in commodity markets. March arabica coffee futures on ICE were up 1.80 cents or 1.2 percent at $1.5240 per lb at 1336 GMT.
*Dish Network declares special dividend. NEW YORK, Dec 3- U.S. stock index futures rose on Monday on upbeat factory data from China, but concerns over budget dealings in Washington are expected to keep traders cautious.
LONDON, Dec 3- Barclays, Credit Suisse and JP Morgan have underwritten a $1.5 billion financing package to back South African mining company Gold Fields' demerger of two gold mines and refinance existing Gold Fields debt, bankers said on Monday.
*Delta among suitors for Virgin Atlantic stake- sources. NEW YORK, Dec 3- U.S. stock index futures edged higher on Monday on upbeat factory data from China, but concerns over budget dealings in Washington are expected to keep traders cautious.
BEIJING, Dec 3- Dalian Wanda Group, the world's biggest owner of movie theaters, is in talks with leading Hollywood studios to co-produce films and is looking to buy and build hotels in major U.S. cities as the Chinese firm eyes a $10 billion' soft power' spending spree.
*Credit Suisse CEO faces "make or break" 2013. ZURICH, Dec 3- Credit Suisse boss Brady Dougan has outmanoeuvred an internal rival with his recent revamp of the Swiss bank and management shake-up but is still on borrowed time, senior banking sources say.
LONDON- Euro zone manufacturing remains mired in recession in November while Asian performance, with the exception of China, is subdued, underscoring a fragile and patchy global economy. -CHINA- PMI/, moved, by Lucy Hornby, 800 words.
BEIJING, Dec 3- China's privately-owned Dalian Wanda Group, the world's largest movie theater owner, is in talks with "well-known" hotel chains for acquisition opportunities in the United States, its chairman said on Monday.
BEIJING, Dec 3- China's privately-owned Dalian Wanda Group, the world's largest movie theatre owner, is in talks with "well-known" hotel brands for acquisition opportunities in the United States, its chairman said on Monday.
BEIJING/ LONDON- China's economy picked up in November but a broader global recovery remains fragile and patchy, a clutch of factory surveys suggest, with activity elsewhere in Asia remaining subdued amid depressed demand from the developed world. (ECONOMY-GLOBAL/PMI, expect by 0800 GMT/ 3 AM ET, 800 words). -CHINA- PMI/, moved, by Lucy Hornby, 800 words.
*Middle East tensions continue to be supportive to oil. NEW YORK, Dec 3- Brent oil prices turned lower in choppy trading on Monday as weak U.S. manufacturing data pulled crude futures back after supportive Chinese economic data and Middle East tensions had sparked a rally.
NEW YORK, Dec 3- Frustrated Federal Reserve policymakers on Monday sought an explanation from mortgage lenders as to why the benefits of lower interest rates were not filtering to home buyers as quickly as in the past even as investors benefited.
*Dow off 0.1 pct, S&P 500 flat, Nasdaq up 0.1 pct. NEW YORK, Dec 3- U.S. stocks barely budged on Monday, with the S&P 500 and Nasdaq trimming early gains as disappointing U.S. factory numbers dented optimism spurred by positive data on China's economy.
*Crude trims gains after initial rise on upbeat data from China. NEW YORK, Dec 3- Global shares and crude oil pared gains on Monday after U.S. manufacturing activity hit a three-year low in November, offsetting signs of revived growth in China.
*MK-8931 first drug in new class to reach this stage of development. Dec 3- Merck& Co Inc has started a new trial of its experimental Alzheimer's drug, the first mid-stage clinical trial of a promising new class of oral medicines that has the potential to shut down the production of a protein that many researchers believe is the primary cause of the disease.
NEW YORK, Dec 3- Oil and metals futures mostly rose on Monday as stronger growth in China and positive U.S. factory data helped markets override concerns about the U.S. " Crop prices shot up too, with soybeans and corn touching three-week highs on expectations of more buying from China.