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Goldman Sachs Group Inc

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  • BOGOTA, June 2- Colombia's Constitutional Court has extended a restriction on the overnight use of the country's main coal railway, Fenoco, and has partially suspended construction work on an adjacent track for three months, it said on Tuesday. After imposing a ban in February on trains crossing the town of Bosconia in Cesar province for a six-hour overnight...

  • LONDON, June 2- Aluminum premiums have gone into meltdown. In Europe, the premium for duty unpaid aluminum has collapsed from more than $400 per tonne over London Metal Exchange cash at the start of January to less than $100 per tonne last month. In Japan, the opening premium offers for third-quarter shipments are coming in at $130- 160 per tonne, compared with $425 in...

  • LONDON, June 2- Greek shares fell on Tuesday on lingering uncertainty over the country's debt problems, while a rebound in the euro-- whose weakness has boosted German exporters-- pushed investors out of German stocks towards southern European bourses. Athens' benchmark ATG equity index retreated 1 percent, reflecting some investors' concerns over a lack of...

  • LONDON, June 2- European shares slipped on Tuesday, as lingering uncertainty over the outcome of Greece's negotiations with creditors weighed on the region's stock markets. Greece must repay four loans totalling 1.6 billion euros to the International Monetary Fund this month, starting with a 300 million euro payment on June 5. Most investors expect Greece to...

  • LONDON, June 2- European shares edged lower on Tuesday, keeping within their recent range as investors awaited euro zone inflation data due later in the day and developments out of Greece's negotiations with creditors. Imperial Tobacco, down nearly 2 percent at 0732 GMT, weighed on the market after the UK group's Canadian subsidiary and two other tobacco...

  • BOGOTA, June 2- Colombia's Constitutional Court has extended a restriction on the overnight use of the country's main coal railway, Fenoco, and has partially suspended construction work on an adjacent track for three months, media reported late on Monday. After imposing a ban in February on trains crossing the town of Bosconia in Cesar province for a six-hour...

  • WASHINGTON, June 1- U.S. consumer spending growth unexpectedly stalled in April as households cut back on purchases of automobiles and continued to boost savings, suggesting the economy was struggling to gain momentum early in the second quarter. The Commerce Department said April's unchanged reading in consumer spending growth compared with analysts'...

  • *Brent hit by dollar strength, expectation of no OPEC cuts. NEW YORK, June 1- Oil settled down as much as 1 percent on Monday, retreating from Friday's sharp rally on a strong dollar and concern over stubbornly high supplies as OPEC was expected to stick with robust production at its meeting this week. "OPEC continues to produce well above target, and also well above...

  • WILMINGTON, Del., June 1- The judge overseeing the $42 billion bankruptcy of Energy Future Holdings Corp, Texas's biggest power company, scolded warring lawyers in the case on Monday for what he called their "unnecessarily expensive and counterproductive" bickering. Judge Christopher Sontchi in Wilmington, Delaware, made the comments as he extended to the end of...

  • June 1- Intel Corp agreed to buy Altera Corp for $16.7 billion as the world's biggest chipmaker seeks to make up for slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centers. By combining with Altera, Intel will be able to bundle its processing chips with the smaller company's programmable chips, which are used,...

  • *Intel falls on Altera buy, weighs on Nasdaq, Dow and S&P. June 1- U.S. stocks were flat in choppy trading late on Monday morning, giving up their gains from a strong opening, as investors digested a slew of data that sent a mixed picture on the pace of the economy's recovery. Boston Fed President Eric Rosengren said he would like to begin raising rates as soon as possible,...

  • *Dollar strength, expectation of no OPEC cuts weighs on oil. NEW YORK, June 1- Oil prices fell more than 1 percent on Monday, retreating from the sharp rally of the previous session, on the impact of a strong dollar and worries of stubbornly high supplies as OPEC prepared to meet this week to stick to production targets. "OPEC continues to produce well above target, and...

  • *Intel falls on Altera buy, weighs on S&P, Nasdaq. June 1- U.S. stock were choppy in early trading, giving up their gains from a strong opening, as investors digested a slew of data that sent a mixed picture on the pace of the economy's recovery. Boston Fed President Eric Rosengren said Monday that he would like to begin raising rates as soon as possible, but risks from the...

  • *OPEC oil output hits 2.5- year high in May- Reuters survey. LONDON, June 1- Crude oil prices dropped on Monday as the dollar rose and on expectations that OPEC production would remain high, stoking worries of oversupply despite declining U.S. rig operations. "OPEC continues to produce well above target, and also well above demand for its oil," said Carsten Fritsch,...

  • *Intel to buy Altera for $16.7 bln. June 1- Wall Street was set to open higher on the first day of the month, helped by an almost five percent rally in Chinese stock markets and ahead of a string of domestic economic data. "It's the first day of the month and news out of China is bullish," said Andrew Barber, chief market strategist at Eagleview Capital in Delaware.

  • June 1- Intel Corp agreed to buy Altera Corp for $16.7 billion as the world's biggest chipmaker seeks to make up for slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centers. By combining with Altera, Intel will be able to bundle its processing chips with the smaller company's programmable chips, which are used,...

  • June 1- U.S. stock index futures were higher on Monday, after closing down the previous week, as investors focused on the bright spots in China's factory activity data and ahead of a string of domestic economic data. *Intel shares were up 0.6 percent at $34.68 in premarket trading on reports that the company was nearing a deal to buy programmable-chip maker Altera.

  • BUENOS AIRES, June 1- All three of the leading candidates in Argentina's election race plan to dismantle outgoing President Cristina Fernandez's web of currency and trade controls and clean up government finances to boost the stagnating economy. The consensus on the need for policy changes could further encourage investors who have driven a rally in...

  • *OPEC oil production hits 2.5- year high in May- Reuters survey. LONDON, June 1- Crude oil prices dropped on Monday as the dollar rose and on expectations that OPEC production would remain high, stoking worries of oversupply despite declining U.S. rig operations. "OPEC continues to produce well above target, and also well above demand for its oil," said Carsten Fritsch,...

  • UPDATE 4-Oil prices fall as OPEC output stays high Monday, 1 Jun 2015 | 3:42 AM ET

    *OPEC oil production hits 2.5- year high in May- Reuters survey. LONDON, June 1- Crude oil prices dropped on Monday on expectations that OPEC production would remain high, stoking worries of oversupply despite declining U.S. rig operations. "OPEC continues to produce well above target, and also well above demand for its oil," said Carsten Fritsch, senior oil analyst at...