TOKYO, April 17- Japan's Nikkei share average was flat in choppy trade on Thursday morning as profit-taking from the previous day's big gains offset strength in U.S. shares which rose on confidence that the Federal Reserve will keep the interest rates low.» Read More
CNBC's Kayla Tausche reports Discover Financial proposed to increase its next quarterly dividend to $0.24 from $0.20.
CHICAGO, March 20- For active income investors, the next year or so will be a trying time of tough love. On Wednesday, Federal Reserve Chairman Janet Yellen signaled that interest rates may rise as early as next spring, and the market reacted with force, continuing a pullback that began nearly a year ago.
NEW YORK/ LONDON, March 20- Gold prices were little changed on Thursday, helped by bargain hunting after the metal's sharp drop the previous day on comments from Federal Reserve Chair Janet Yellen that suggested U.S. interest rates could rise sooner than expected.
NEW YORK, March 20- The dollar rose to a three-week high against other major currencies on Thursday after Federal Reserve Chair Janet Yellen surprised world markets by signalling that increases in U.S. interest rates were not as far away as most had thought.
Viktor Ozerov, chairman of the Security and Defense Committee of the Federation Council. Vladimir Dzhabarov, first deputy chairman of the International Affairs Committee of the Federation Council, Russia's upper house of parliament. Nikolai Ryzhkov, senator in Russia's Federation Council.
*Pan-European index trims losses after Philadelphia data. It later trimmed losses to trade 0.3 percent lower at 1,301.34 points by 1559 GMT, after the Philadelphia Federal Reserve Bank said its business activity index rose to 9.0 in March from -6.3 in February.
The "Fast Money" traders weigh in on what's driving the turnaround in the markets. I think it's financials, says Josh Brown. Don't forget about big tech, says Jon Najarian, with a look at Hewlett-Packard, Intel and Microsoft, to name a few.
NEW YORK, March 20- The dollar powered higher against other major currencies on Thursday after Federal Reserve Chair Janet Yellen surprised world markets by signalling that increases in U.S. interest rates were not as far away as most had thought.
NEW YORK, March 20- U.S. Treasuries prices were roughly unchanged on Thursday a day after Federal Reserve Chair Janet Yellen spooked traders by signaling the U.S. central bank's policy-makers may start raising interest rates sooner than expected.
DUBAI, March 20- Saudi Arabia's National Commercial Bank has invited banks to pitch for the adviser role on its highly-anticipated flotation on the kingdom's bourse, it said on Thursday.
Wall Street opened lower but reversed course after the Philadelphia Federal Reserve Bank said its business activity index rose far more than expected in March, rebounding after a contraction in February.
HOLLYWOOD, Fla., March 20- U.S. blacklistings over Russia's annexation of Crimea may spark a sanctions exchange that would leave banks scrambling to assess their exposure to targeted parties and to uncover murky financial linkages, according to industry officials.
BRUSSELS, March 20- Europe struck a deal on Thursday to complete a banking union with an agency to shut failing euro zone banks, but there will be no joint backstop for a fund to pay the costs of closures. *Banking union was shaped in part by Mario Draghi, the president of the European Central Bank, but it falls short of his vision.
NEW YORK, March 20- Factory activity in the U.S. mid-Atlantic region expanded far more than expected in March, a survey showed on Thursday. The Philadelphia Federal Reserve Bank said its business activity index rose to 9.0 in March from -6.3 in February, topping economists' expectations for 3.8, according to a Reuters poll.
*U.S. stockpiles rise more than expected; fall at Cushing hub. LONDON, March 20- Brent crude oil eased on Thursday after the Federal Reserve indicated the U.S. central bank could end its stimulus programme and raise interest rates sooner than expected. Brent was down 11 cents at $105.74 a barrel by 1357 GMT, after settling 94 cents lower on Wednesday.
NEW YORK, March 20- U.S. stocks dipped at the open on Thursday as investors continued to digest comments from Federal Reserve Chair Janet Yellen, who raised the specter of an earlier-than-expected hike in interest rates.
*Ukraine in view as Russia seizes naval bases. *Lennar Corp, Jabil Circuit both rise after results. NEW YORK, March 20- U.S. stock index futures pointed to a modestly lower open on Thursday as investors continued to digest comments from Federal Reserve Chair Janet Yellen, who raised the specter of an earlier-than-expected rate hike.
BRUSSELS, March 20- European policymakers agreed on Thursday to complete a banking union with an agency to shut failing euro zone banks, but there will be no joint backstop for a fund to pay the costs of closures. It completes the second pillar of banking union, starting at the end of the year when the European Central Bank takes over as watchdog.
LONDON, March 20- Investment banks must take tough decisions to quit ailing business areas and should reduce their balance sheets by $1 trillion- or almost a tenth- to lift profitability, an industry report said.
*China's yuan deepens slide, hits one-year low. LONDON, March 20- The dollar powered higher against its major currency peers on Thursday after a surprise message from Federal Reserve head Janet Yellen that rises in U.S. interest rates were not as far away as most had thought.
Discussing loan growth in financials and the drag of litigation on Bank of America's earnings, with Gerard Cassidy, RBC Capital Markets lead banking analyst.
Ken Moelis, Moelis & Company founder and CEO, discusses the public debut of his company on the NYSE and explains his boutique investment banking model. "Clients will want the flexibility of an independent, unconflicted advisor," Moelis says.
Discussing how to buy in volatile market conditions and the investment banking market, David Katz, Matrix Asset Advisors CIO, and Charles Bobrinskoy, Ariel Investments vice chairman & portfolio manager.