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  • ConvaTec owners appoint banks to explore sale - sources Wednesday, 15 Oct 2014 | 6:17 AM ET

    LONDON, Oct 15- ConvaTec's owners have appointed Morgan Stanley and Goldman Sachs to explore a sale of the medical device maker which could be worth up to $10 billion, sources familiar with the matter said. Private equity firms Avista Capital Partners and Nordic Capital are preparing the groundwork for a possible sale or initial public offering in 2015 for the...

  • BEIJING/ SHANGHAI, Oct 15- A day after China International Capital Corp's high-profile chief executive resigned, sources said on Wednesday that its chairman would also quit this year, highlighting the declining fortunes of the country's first investment bank. CICC made its name shepherding the biggest state-owned enterprises onto the Shanghai and Hong...

  • Will Treasury yields fall to 1.5%? Wednesday, 15 Oct 2014 | 1:23 AM ET

    With Treasury yields defying calls for a rise, one bank is polishing up its once tongue-in-cheek forecast the 10-year yield would fall to 1.5 percent.

  • Final Glance: Banks companies Tuesday, 14 Oct 2014 | 6:03 PM ET

    Bank of America Corp. rose$. 12 or. 7 percent, to $16.52. Citigroup Inc. rose $1.57 or 3.1 percent, to $51.47. Goldman Sachs fell$. 07 or percent, to $178.70.

  • S&P 500, Nasdaq Composite halt three-day drubbing Tuesday, 14 Oct 2014 | 4:00 PM ET
    Trader on the floor of the New York Stock Exchange.

    Stocks rose on Tuesday as investors considered earnings from three banking powerhouses.

  • Midday Glance: Banks companies Tuesday, 14 Oct 2014 | 1:42 PM ET

    Bank of America Corp. rose$. 14 or. 8 percent, to $16.54. Citigroup Inc. rose $1.43 or 2.9 percent, to $51.33. Goldman Sachs rose $1.62 or. 9 percent, to $180.39.

  • *Market recovers after Citi results, U.S. stocks rally. LONDON, Oct 14- Europe's benchmark share index recovered late on Tuesday after hitting an eight-month low earlier in the day on global growth concerns, with Citigroup results and a rally in U.S. stocks cheering some investors. Citigroup reported a better-than-expected 13 percent rise in adjusted...

  • *Market recovers after Citi results, U.S. stocks rally. LONDON, Oct 14- Europe's benchmark share index recovered late on Tuesday after hitting an eight-month low earlier in the day on global growth concerns, with Citigroup results and a rally in U.S. stocks cheering some investors. Citigroup reported a better-than-expected 13 percent rise in adjusted...

  • *Estimate for demand for OPEC crude cut by 200,000 bpd. *Saudi Arabia, Kuwait play down OPEC output cut possibility. The International Energy Agency said on Tuesday world oil demand growth would be much weaker than previously expected and raised questions about OPEC's willingness to rein in supplies, suggesting oil prices may drop further.

  • Early Glance: Banks companies Tuesday, 14 Oct 2014 | 10:27 AM ET

    Bank of America Corp. rose$. 06 or. 4 percent, to $16.46. Citigroup Inc. rose $1.38 or 2.8 percent, to $51.28. Goldman Sachs rose $1.15 or. 6 percent, to $179.92.

  • Citigroup to exit retail banking in 11 markets Tuesday, 14 Oct 2014 | 9:17 AM ET

    NEW YORK— Citigroup customers across Central America and parts of Eastern Europe will be looking for a new place to bank next year. Citigroup said Tuesday that it will bow out of the retail banking business in 11 markets, part of its ongoing effort since the financial crisis to restructure and slim down. Citi said the impact would primarily be smaller countries in...

  • *Demand for OPEC crude oil down by 200,000 bpd. *Saudi Arabia, Kuwait play down OPEC output cut possibility. The International Energy Agency said on Tuesday world oil demand growth would be much weaker than previously expected and raised questions about OPEC's willingness to rein in supplies, suggesting oil prices may drop further.

  • European shares sink to 8-month low on growth jitters Tuesday, 14 Oct 2014 | 7:15 AM ET

    "The survey further confirmed the stagnation in Europe, which is building on a negative sentiment that has already been growing with previous data points. We are cautious on Europe and therefore very cautious on cyclicals such as banks, "said Lorne Baring, managing director of B Capital Wealth Management. "Investors are pricing in continued bad data prints...

  • *Demand for OPEC crude oil down by 200,000 bpd. *Saudi Arabia, Kuwait play down OPEC output cut possibility. Brent crude dropped $1.15 to $87.74, level with its intraday low on Monday which was its weakest point since December 2010, before recovering slightly to around $87.85 by 0910 GMT.

  • *Saudi Arabia, Kuwait play down possibility of OPEC output cut. SINGAPORE, Oct 14- Brent crude fell to just above $88 a barrel on Tuesday in a well-supplied market as expectations faded that OPEC could cut output in an effort to shore up prices. Investors expecting a production cut from OPEC to support prices were disappointed as Saudi Arabia and Kuwait played down...

  • Brent drops to near $88 in well-supplied oil market Monday, 13 Oct 2014 | 11:53 PM ET

    *Saudi Arabia, Kuwait play down possibility of OPEC output cut. SINGAPORE, Oct 14- Brent crude fell to just above $88 a barrel on Tuesday in a well-supplied market as expectations faded that OPEC could cut output and shore up prices. Investors expecting a production cut from OPEC to support prices were disappointed as Saudi Arabia and Kuwait played down the...

  • Lightning Round: Disney, GE & More Monday, 13 Oct 2014 | 8:43 PM ET

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Stocks plunge; Nasdaq Composite near correction Monday, 13 Oct 2014 | 4:08 PM ET

    Stocks rose Monday after last week's rout that came as investors fretted signs of a slowing global economy.

  • Midday Glance: Banks companies Monday, 13 Oct 2014 | 1:19 PM ET

    Bank of America Corp. rose$. 15 or. 9 percent, to $16.63. Citigroup Inc. rose$. 56 or 1.1 percent, to $50.67. Goldman Sachs rose$. 20 or. 1 percent, to $180.58.

  • The declines were sparked last week by a cut in the global growth forecast by the International Monetary Fund and disappointing economic data in Europe. Earnings season will pick up this week, with results expected from Dow components Intel, Johnson& Johnson, UnitedHealth, American Express and General Electric, as well as financials Morgan Stanley, Citigroup,...