A line of bicycles with a faulty front wheel and light fixture lenses that can shatter are among this week's recalled consumer products. Others include aquarium heaters and welding torch handles.» Read More
U.S. crude gained 8 cents to $104.49 a barrel by 0016 GMT after ending up $1.75, while Brent crude added 2 cents to $110.01 after settling $1.38 higher. *A full lifting of sanctions on Iran could spark new rivalries within OPEC as Tehran seeks to reclaim its rank as No. 2 producer from former foe Iraq.
FRANKFURT, May 21- Hedge fund Magnetar Capital is suing U.S. drugs wholesaler McKesson, saying its acquisition of German peer Celesio short-changed minority shareholders and bondholders by around 370 million euros.
WASHINGTON, May 9- A big rise in U.S. wholesale inventories in March is likely to temper an expected downward revision to the government's estimate of first quarter economic growth, but fall short of keeping it from being pushed into negative territory.
WASHINGTON, May 9- U.S. wholesale inventories rose more than expected in March, suggesting restocking of goods was probably less of a drag on first-quarter growth than initially thought. The Commerce Department said on Friday wholesale inventories increased 1.1 percent after rising by an upwardly revised 0.7 percent in February.
NEW YORK, April 9- U.S. stocks rallied on Wednesday after minutes from the Federal Reserve's latest policy meeting showed a more supportive central bank than investors had previously expected.
Facebook shares jumped 5.6 percent to $61.45. "People are taking solace in the idea that the Fed may be more accommodative than previously thought, for longer than previously thought," said Steve Sosnick, equity-risk manager at Timber Hill/Interactive Brokers Group in Greenwich, Connecticut.
WASHINGTON, April 9- U.S. wholesale inventories rose at a slower pace in February, strengthening views that restocking will weigh on economic growth in the first quarter.
*Senator opposes Comcast deal to buy Time Warner Cable. NEW YORK, April 9- U.S. stocks rose for a second session on Wednesday, buoyed by a rise in Alcoa shares ahead of the release of minutes from the latest Federal Open Market Committee meeting.
NEW YORK, April 9- U.S. stocks edged higher on Wednesday, putting the S&P 500 on track for a second straight advance, in the wake of earnings from Alcoa and ahead of the minutes from the last Federal Reserve meeting.
WASHINGTON, April 9- U.S. wholesale inventories rose at a slower pace in February than in the prior month, which could support views that restocking will not help the economy in the first quarter. The Commerce Department said on Wednesday wholesale inventories increased 0.5 percent after a revised 0.8 percent gain in January.
*Wal-Mart has yet to apply to open retail stores in India. MUMBAI, April 8- Wal-Mart Stores Inc on Tuesday announced plans to open 50 more wholesale outlets in India and start online operations to sell to small shopkeepers, several months after it decided against opening its own retail stores there.
*Morgan Stanley, Goldman among lead underwriters of IPO. April 4- Travel booking wholesaler Sabre Corp said it expected its initial public offering to be priced at $18- $20 each, valuing the owner of the Travelocity website at about $4.91 billion.
March 12- Doughnut retailer and wholesaler Krispy Kreme Doughnuts Inc raised its full-year earnings per share forecast and said it would buy back $30 million more of its shares.
Treasuries prices edged higher on Tuesday, with concern about geopolitical tensions in Russia and Ukraine and weakness in China's economy spurring some demand for safe-haven bonds.
*J.C. Penney jumps after Citi upgrade. *Copper prices fall to lowest since July 2010. "When you get a slow data week, markets tend to get a little jittery and slow," said Quincy Krosby, market strategist at Prudential Financial in Newark, New Jersey.
NEW YORK, March 11- U.S. "The auctions are the main event in Treasury space," said Ian Lyngen, a senior government bond strategist at CRT Capital in Stamford, Connecticut, in a research note.
*European shares mixed, off highs; Germany gets data boost. *Ukraine tension, China growth outlook weigh on sentiment. NEW YORK, March 11- Major world equity markets were mostly steady on Tuesday, the euro edged down and gold rose as traders kept a wary eye on tensions between Ukraine and Russia and the pace of growth in China.
*J.C. Penney jumps after Citi upgrade. *Urban Outfitters tumbles after warning. NEW YORK, March 11- U.S. stocks were little changed on Tuesday as investors found few reasons to push the S&P 500 above its recent record high, as tensions in Ukraine continued.
WASHINGTON, March 11- U.S. wholesale inventories rose more than expected in January, as companies built up stocks of autos and machinery, though sales posted their largest decline in nearly five years. The Commerce Department said on Tuesday wholesale inventories rose 0.6 percent to $521.2 billion after a revised 0.4 percent gain in December.
*J.C. Penney jumps after Citi upgrade. *Myriad Genetics falls after court motion denied. NEW YORK, March 11- U.S. stocks were set for a flat open on Tuesday after a slight decline in the prior session left the S&P 500 within striking distance of its recent record high and amid investor caution as tensions in Ukraine continued.