Analysts fell under Samsung Electronics marketing spell when they made what they now admit were hopelessly optimistic forecasts.» Read More
NEW YORK, June 18- SunGard Data Systems Inc, the computer software maker that was taken private in 2005 for $11.4 billion, is exploring a sale of its data managing operations that could fetch up to $2 billion, several people familiar with the matter said on Tuesday.
Bank of America Corp. rose$. 06 or. 5 percent, to $13.27. Citigroup Inc. rose$. 65 or 1.3 percent, to $50.01. Goldman Sachs rose$. 04 or percent, to $164.15.
NEW YORK-- A Goldman Sachs analyst downgraded shares of Charles River Laboratories International Inc. on Tuesday, saying the medical researcher may struggle to meet its guidance in 2013.. THE OPINION: Analyst Robert Jones lowered his rating to "Sell" from "Neutral" and cut his price target to $38 from $44.
*Liberty Global continues M&A spree in Europe. LONDON, June 18- Vodafone faces a battle for Germany's largest cable company, Kabel Deutschland, although rival bidder Liberty Global of the United States has bigger regulatory and funding hurdles to overcome.
Bank of America Corp. rose$. 10 or. 8 percent, to $13.31. Citigroup Inc. rose$. 68 or 1.4 percent, to $50.04. Goldman Sachs fell$. 09 or. 1 percent, to $164.03.
Citigroup Inc. rose$. 28 or. 6 percent, to $49.64. Goldman Sachs fell$. 34 or. 2 percent, to $163.77. JPMorgan Chase fell$. 03 or. 1 percent, to $53.82.
*Liberty Global has bought UK's Virgin Media, Dutch stake. LONDON, June 18- Vodafone faces a battle for Germany's largest cable company, Kabel Deutschland, although rival bidder Liberty Global of the United States has bigger regulatory and funding hurdles to overcome.
Bank of America Corp. rose$. 14 or 1.1 percent, to $13.21. Citigroup Inc. rose$. 14 or. 3 percent, to $49.36. Goldman Sachs rose $1.19 or. 7 percent, to $164.11.
Bank of America Corp. rose$. 10 or. 8 percent, to $13.17. Citigroup Inc. rose$. 56 or 1.1 percent, to $49.78. Goldman Sachs rose $1.25 or. 8 percent, to $164.17.
Bank of America Corp. rose$. 16 or 1.2 percent, to $13.23. Citigroup Inc. rose$. 94 or 1.9 percent, to $50.16. Goldman Sachs rose $1.87 or 1.1 percent, to $164.79.
ABU DHABI/ DUBAI, June 17- The United Arab Emirates has revived a proposal to merge its two main stock exchanges in a state-backed deal that could boost trade in the local market and attract more foreign investment to the Gulf state, sources familiar with the plan said.
*Nikkei, Topix both rise 2.7 pct as bargain hunters pick up battered names. TOKYO, June 17- Japan's Nikkei share average jumped 2.7 percent and recovered the 13,000- mark on Monday, as stocks such as exporters caught in the recent market rout bounced on bargain-buying.
*MSCI Asia ex- Japan up 0.5 pct, Nikkei advances 1.2 pct. *Copper rises on short covering after steep weekly losses. "Market players both domestic and overseas are taking a wait-and-see stance," said Kim Young- il, a market analyst at Daishin Securities, of South Korean shares which traded nearly flat but hovered near a seven-month low hit last week.
*Nikkei up 0.4 pct, Topix up 1.1 pct. *Nikkei still languishes in bear market. TOKYO, June 17- The Nikkei share average edged higher on Monday as buying in defensive stocks reversed early losses.
Federal Reserve's 19 policy makers when they meet in Washington this week. Now, though, consensus is building among policy makers that the time is nearing to adjust their $85 billion- a-month asset purchase program, dubbed quantitative easing, but divisions remain over just when to start reducing the dosage.
Bank of America Corp. fell$. 14 or 1.1 percent, to $13.07. Citigroup Inc. fell $1.07 or 2.1 percent, to $49.22. Goldman Sachs fell $2.90 or 1.7 percent, to $162.92.
Cutting is now in full swing from north Texas to the Kansas border, "said Mark Hodges, director of the farmers group Plains Grains Inc. The increasing supply weighed on futures, with Chicago Board of Trade July wheat easing 4-3/ 4 cents to $6.80- 3/ 4 per bushel, the lowest settlement since April 2.
Bank of America Corp. fell$. 13 or. 9 percent, to $13.09. Citigroup Inc. fell$. 83 or 1.7 percent, to $49.46. Goldman Sachs fell $2.15 or 1.3 percent, to $163.67.
SolarCity Corp. shares jumped Friday after a CreditSuisse analyst upgraded the company's stock. THE SPARK: Analyst Satya Kumar raised SolarCity to "Outperform" from "Neutral" based on new financing arrangements, lower operating costs and potential favorable changes to the regulatory environment in California.
Farmers were gathering hard red winter wheat in Texas and Oklahoma, with harvest likely to begin soon in the top growing state of Kansas. "