A safety issue involving a Malaysia Airlines jet on Monday may highlight investor sensitivity towards airplane incidents after the disappearance of MH370, analysts say.» Read More
LONDON, April 23- Nickel rose to its highest level in more than 14 months on Wednesday as tighter supplies continued to fuel the metal's rally, while copper slipped after data showed a contraction in factory activity in top consumer China.
NEW YORK, April 22- Goldman Sachs Group Inc's asset-management business has agreed to buy Westpeak Global Advisors, a firm that aims to beat market indexes by using factors other than company size to pick stock investments.
*Netflix up after results; Facebook gains on upgrade. Netflix Inc surged 7 percent to $372.90 a day after showing strong subscriber growth, a sign the trading favorite still had room to grow despite recent concerns over its valuation.
*Netflix up after results, Facebook gains on upgrade. Healthcare, up 1.5 percent, was the best performing of the 10 major S&P sectors, as Allergan Inc jumped 15.8 percent to $164.48 a day after activist investor William Ackman teamed up with Canadian drugmaker Valeant Pharmaceuticals International Inc to bid for the company.
*Netflix up after results, Facebook gains on update. Dow components Travelers Cos Inc and United Technologies Corp both reported first-quarter earnings that beat expectations, and United Tech raised the low end of its full-year profit outlook. Shares of Travelers rose 0.2 percent to $86.58 while United Tech was up 1.2 percent at $119.69.
*Netflix results lift Wall St, deal talk buoys Europe. NEW YORK, April 22- Global equity markets rose on Tuesday, powered by solid U.S. corporate earnings and deal-making activity among European drugmakers, while the euro hovered near break-even on uncertainty whether the European Central Bank will further ease monetary policy.
*Netflix up after results, Facebook gains on update. Dow components Travelers Cos Inc and United Technologies Corp both reported first-quarter earnings that beat expectations, and United Tech raised the low end of its full-year profit outlook. Shares of Travelers rose 0.7 percent to $87.04 while United Tech was up 1 percent at $119.49.
Allergan surged after Valeant Pharmaceuticals said it had teamed up with activist investor Bill Ackman to make a bid for the Botox maker. Netflix and Harley-Davidson rose sharply after reporting earnings that beat analyst's expectations.
BEIJING, April 20- Premium auto maker BMW unveiled a luxury concept sedan in Beijing on Sunday, to gauge customer appetite for a car that would cost more than German manufacturer's current flagship 7 series limousine.
Several behemoths, including Apple, the largest U.S. company by market value, as well as Microsoft, McDonald's and AT&T, are due to report earnings.
SAN FRANCISCO, April 17- Shares of Weibo Corp rose 19 percent in their U.S. debut on Thursday, sweeping aside concerns that Chinese censorship will hurt the growth of the country's Internet sector and broader worries about lofty tech-stock valuations.
April 17- With the Chicago weather finally getting a little nicer, Chris Anderssen wanted to grill some burgers outside for a group of family and friends. Retail beef and pork prices reached all-time highs last month, according to Bill Hahn, agricultural economist at the U.S. Department of Agriculture's Economic Research Service.
NEW YORK, April 17- Blackstone Group LP, the world's largest alternative asset manager, reported a 30 percent rise in first-quarter earnings, driven by strong gains in its private equity arm that more than offset small declines in its real estate unit.
SAN FRANCISCO, April 17- Shares of Weibo Corp rose as much as 41 percent in their U.S. debut on Thursday, sweeping aside concerns that censorship in China will hurt the growth of the country's Internet sector and broader worries about the outlook for tech-sector stocks.
April 17- Shares of Weibo Corp, the owner of a Chinese Twitter-like messaging service, rose as much as 14.6 percent in their U.S. debut, overcoming worries about the outlook for tech sector and concerns that censorship in China was affecting its user growth. That would make it the biggest internet company IPO since Facebook Inc's $16 billion IPO in 2012..
Goldman Sachs reported quarterly earnings and revenue that topped analysts' expectations on Thursday.
*Initially planned to sell 20 mln ADSs at $17- $19 each. April 17- China's Weibo Corp, a Twitter- like messaging service company, raised a less-than-expected $286 million after it cut the size of its U.S. initial public offering amid a selloff in technology shares and concerns about slowing user growth.
LONDON, April 17- Europe's 30 largest banks boosted return on equity to 6.6 percent last year but remain well behind their medium-term targets. *Credit Suisse cost/income is for core bank only. ****Standard Chartered figures are for normalised ROE.
*Originally planned to sell 20 mln ADSs at $17- $19/ shr. April 16- China's Weibo Corp will be valued at a lower-than-expected $3.46 billion when it goes public on the Nasdaq on Thursday, amidst concerns about the microblogging service's slowing user growth and the country's highly censored media environment.
April 16- China's Weibo Corp priced its initial public offering at $17 per American Depositary Share at the bottom of its planned range, an underwriter told Reuters, valuing the microblogging service at $3.46 billion. The Twitter- like service, owned by web portal Sina Corp, sold 16.8 million American Depositary Shares in the offering, raising $285.6 million.