*Fed will buy $2.75 bln- $3.50 bln in debt due 2020-2023. NEW YORK, May 6- U.S. There was a significant amount of buying and short covering and capitulation around month-end and prior to that number, with expectations having been lowered substantially going in, "said Dan Mulholland, managing director in Treasuries trading at BNY Mellon in New York.
NEW YORK, May 6- The U.S. dollar rose for a third straight session against the yen on Monday and looked set to make another run at the 100 yen level after last week's surprisingly strong U.S. jobs data rekindled optimism about the U.S. economy.
NEW YORK, May 3- The New York and Delaware attorneys general and the U.S. housing regulator on Friday dropped their objections to Bank of America Corp's proposed $8.5 billion settlement with investors in Countrywide mortgage-backed securities, according to court filings.
NEW YORK, May 3- The New York and Delaware attorneys general and the U.S. housing regulator on Friday dropped their objections to Bank of America Corp's proposed $8.5 billion settlement with investors in Countrywide mortgage-backed securities, according to court filings.
NEW YORK, May 3- The Federal Housing Finance Agency on Friday withdrew its conditional objection to Bank of America Corp's proposed $8.5 billion settlement with investors in Countrywide mortgage-backed securities. Countrywide was acquired by Bank of America in 2008..
U.S.-listed shares of BH Billiton PLC rose 3.6 percent to $57.56 and Arcelormittal gained 2.4 percent to $12.65. The BNY Mellon index of leading American depositary receipts. The BNY Mellon index of leading European ADRs added 1.1 percent.
May 3-:* Zions Bancorporation: Guggengeim raises target price to $28 from $26; rating neutral. rating buy* Suntrust Banks Inc: Guggengeim raises target price to $33.50 from $32.50; rating neutral* Regions Financial Corp: Guggengeim raises target price to $10 from $9.50; rating buy.
May 3- Cadence Pharmaceuticals Inc:. *Guggenheim raises target price to $8 from $7; rating buy. Reuters Station users, click. 1568.
*Zions Bancorporation: Guggenheim raises target price to $28 from $26; rating neutral. *Wells Fargo& Co: Guggenheim raises target price to $47 from $46.50; rating buy. *Citigroup Inc: Guggenheim raises price target to $58 from $57; rating buy.
The BNY Mellon index of leading American depositary receipts. Shire PLC said sales of its Fabry's disease treatment, which competes with Sanofi's Genzyme, fell 15 percent. The BNY Mellon index of leading European ADRs gained 0.3 percent, while the FTSEurofirst 300 index of top shares closed up 0.4 percent.
NEW YORK, May 2- The euro fell sharply against the dollar in choppy trading on Thursday after European Central Bank President Mario Draghi said the bank is technically ready for negative deposit rates and noted downside risks to the economy.
*Commodities sell off; U.S., China manufacturing data weighs on oil. NEW YORK, May 1- Oil futures and U.S. stocks dropped on Wednesday as the latest economic data in the United States and China raised new doubts about the strength of the global economy.
WASHINGTON, May 1- The U.S. Federal Reserve said on Wednesday it will continue buying $85 billion in bonds each month to keep interest rates low and spur growth, and added it would step up purchases if needed to protect the economy.
By Pedro da Costa and Alister Bull. WASHINGTON, May 1- The U.S. Expressing concern about a drag from Washington's belt-tightening, the Fed described the economy as expanding moderately in a statement that largely mirrored its last policy announcement in March.
Fed maintains stimulative monetary policy. NEW YORK, May 1- The U.S. dollar weakened in choppy trading after the Federal Reserve cited risks to U.S. growth from austerity in Washington and maintained its plan to buy bonds in order to keep borrowing costs low to prop up the economy.
WASHINGTON, May 1- The U.S. Federal Reserve said on Wednesday it will keep buying $85 billion in bonds each month to keep interest rates low and spur growth, but added it could lift or taper this pace of purchases depending on the economy's path.
By Pedro da Costa and Alister Bull. WASHINGTON, May 1- The U.S. Expressing concern about a drag from Washington's belt-tightening, the Fed described the economy as expanding moderately in a statement that largely mirrored its March decision.
NEW YORK, May 1- The U.S. Federal Reserve stuck to its plan to buy $85 billion in bonds each month to push down borrowing costs and prop up the economy, citing risks to growth from recent budget tightening in Washington. STORY: TEXT COMMENTS: VASSILI SEREBRIAKOV, FX STRATEGIST, BNP PARIBAS, NEW YORK.
NEW YORK, May 1- The U.S. Federal Reserve stuck to its plan to buy $85 billion in bonds each month to push down borrowing costs and prop up the economy, citing risks to growth from recent budget tightening in Washington. ANDREW WILKINSON, CHIEF ECONOMIC STRATEGIST, MILLER TABAK& CO, NEW YORK:.
NEW YORK, May 1- The U.S. Federal Reserve stuck to its plan to buy $85 billion in bonds each month to push down borrowing costs and prop up the economy, citing risks to growth from recent budget tightening in Washington. ROBBERT VAN BATENBURG, DIRECTOR OF MARKET STRATEGY, NEWEDGE USA LLC, NEW YORK:.