GO
Loading...

Enter multiple symbols separated by commas

New York City

More

  • FOREX-Dollar ends winning month mixed Friday, 29 May 2015 | 3:25 PM ET

    Euro ahead on Greece hopes. NEW YORK, May 29- The dollar was mixed on Friday with month-end selling after a recent rally, as traders saw little in weak first-quarter U.S. gross domestic product data to discourage bets the Federal Reserve will start raising interest rates in 2015.. "Underlying sentiment remains positive but the dollar is seeing some profit taking...

  • American Express president dies suddenly on flight Friday, 29 May 2015 | 3:17 PM ET

    NEW YORK— American Express says president Ed Gilligan died suddenly Friday after falling ill while flying on a corporate plane to New York. The company says the 55- year-old executive was coming back from a business trip. Gilligan began working at American Express Co. 35 years ago as an intern and became president of the credit card company in 2013..

  • May 29- Humana Inc is considering selling itself after receiving multiple expressions of takeover interest, a person familiar with the matter said on Friday, highlighting the potential for further consolidation in the U.S. health insurance industry. Humana is working with investment bank Goldman Sachs Group Inc on the potential sale, the person said, asking...

  • NEW YORK, May 29- Oil prices jumped almost 5 percent on Friday, their biggest rally in a month and a half, as a steady U.S. dollar and a bigger than expected drop in oil rigs set off a renewed rush of bullish bets. Brent crude settled at $65.56 a barrel, up $2.98, or 4.8 percent, on the day. U.S. crude has risen by as much as $4 a barrel after hitting a one-month low just a day ago,...

  • High-yield bond funds: Love them or leave them? Friday, 29 May 2015 | 2:07 PM ET

    NEW YORK— Don't know what to make of the junk-bond market? One month, dollars are flooding into junk-bond mutual funds and exchange-traded funds. But skittishness has been particularly high, with $9.3 billion fleeing junk-bond funds in December only for $9.6 billion to go right back in two months later.

  • BUENOS AIRES, May 29- Argentina's real estate, utility and agricultural sectors all offer a smart bet ahead of a change in government in December, said New York- based Bienville Capital Management, whose new Argentina- focused fund has raised about $250 million. Foreign investors have shied away from Argentina in recent years as President Cristina Fernandez's...

  • At noon on a recent Wednesday in May, San Francisco's Lazy Bear restaurant began taking reservations for June. Just 45 minutes later, nearly every seat for the entire month was sold out. "The main issue is trying to manage risk, trying to incentivize patrons to keep their reservations," says Northwestern University microeconomic theorist Jeffrey Ely, noting that...

  • FEMA begins reviewing Sandy flood insurance claims Friday, 29 May 2015 | 1:00 PM ET

    FEMA said in a statement the agency is mailing letters to about 142,000 National Flood Insurance Protection policyholders. The development comes after FEMA announced plans to set up a review process in March and as some homeowners allege insurance companies unfairly assessed damage after the October 2012 storm that killed 71 people in New Jersey and 68 in...

  • May 29- Intel Corp has resumed negotiations to buy smaller chip maker Altera Corp and is close to a $16 billion acquisition agreement, people familiar with the matter said on Friday. Intel and Altera did not respond to requests for comment. In April, Altera rejected an unsolicited $54 per share offer from Intel following months of negotiations, sources told...

  • Telecity, which runs computer centers that process traffic on the Internet, said in a statement its board had recommended Equinix's offer, and as such was terminating an all-stock deal to buy Netherlands- based Interxion Holding NV for $2.2 billion. Equinix Chief Executive Steve Smith said he had looked closely at Interxion and Telecity as targets but...

  • *European shares fall amid impasse on Greece talks. NEW YORK, May 29- Global equity markets and bond yields fell on Friday, weighed by data that showed the U.S. economy contracted in the first quarter and by conflicting signals from Greece's debt talks. Conflicting reports that Athens was close to clinching a reforms-for-cash deal with its creditors pushed...

  • FOREX-Dollar trades mixed at end of winning month Friday, 29 May 2015 | 11:43 AM ET

    *Euro ahead on Greece hopes. NEW YORK, May 29- The dollar was mixed on Friday with month-end selling after a recent rally, as traders saw little in weak first-quarter U.S. gross domestic product data to discourage bets the Federal Reserve will start raising interest rates in 2015.. "Underlying sentiment remains positive but the dollar is seeing some profit taking...

  • May 29- Intel Corp has resumed negotiations to buy smaller chip maker Altera Corp and is close to a $15 billion acquisition agreement, a person familiar with the matter said on Friday. Intel and Altera did not respond to requests for comment. In April, Altera rejected an unsolicited $54 per share offer from Intel following months of negotiations, sources told...

  • NEW YORK, May 29- Oil rose 3 percent on Friday, as a rally in the dollar faded and after data from a day ago showed a fourth straight weekly draws in U.S. crude oil stockpiles. With the Organization of the Petroleum Exporting Countries widely expected not to cut production at its June 5 meeting, prices could see more pressure, especially if the dollar surges again,...

  • *Service Corp International shares up nearly 30 percent this year. Service Corp International, which operates funeral homes and cemeteries, has been a prime beneficiary of the aging population. "The demographic trend will probably last a couple of decades," said Charles Sizemore, chief investment officer of Sizemore Capital Management in Dallas, who owns...

  • NEW YORK— Carl's Jr. and Hardee's ads starring nearly naked women have become a part of American culture, according to Andy Puzder, CEO of the chains' parent company. Others, such as Heidi Klum and Padma Lakshmi, were already famous. CKE Restaurants, the parent company of Carl's and Hardee's, is privately held and doesn't disclose financial results.

  • *U.S. first-quarter GDP shrinks at 0.7 pct annual rate. NEW YORK, May 29- U.S. "The market simply doesn't believe the data will be strong enough to let the Fed this year," said Aaron Kohli, interest rate strategist at BNP Paribas in New York.

  • NEW YORK— Walgreens Boots Alliance Inc.' s global chief information officer, Tim Theriault, is resigning for personal reasons. The company's portfolio includes Walgreens, Duane Reade, Boots and Alliance Healthcare. Walgreens, based in Deerfield, Illinois, had considered moving its headquarters to Switzerland following the buyout.

  • NEW YORK— A plug from "Good Morning America" host Robin Roberts sent a flood of customers to one small business. Barbara Galbraith started Cast Cover Fashions in 2006 after her 5- year-old daughter broke her arm and didn't want a white cast. When she learned Roberts was having an IV tube implanted in her arm in June 2012 as part of a treatment for a blood disorder,...

  • *Altera up on report of Intel takeover interest. May 29- U.S. stock futures were largely unchanged, keeping the market on course to open lower on Friday, after data showed that the economy contracted in the first quarter. "Monetary policy from the Fed is forward looking and GDP by definition is a rear view mirror and the important thing now is that it wasn't a big miss,"...