A federal judge limited the extent to which former Goldman Sachs VP Fabrice Tourre can argue that he was acting on the advice of company lawyers in his defense against fraud charges.» Read More
*Vodafone could pay for deal with existing resources. *Vodafone shares ex-div, Kabel Deutschland hit new high. LONDON/ FRANKFURT, June 12- British mobile firm Vodafone has approached Kabel Deutschland about a bid for Germany's biggest cable operator that could top 7 billion euros and help fend off competition in its most important European market.
*Goldman Sachs 3- month sugar price forecast 17.5 c/lb. LONDON, June 12- ICE raw sugar futures steadied above a three-year low on Wednesday as traders digested data showing Brazil's harvest remained on track for a record cane crush.
Bank of America Corp. fell$. 18 or 1.4 percent, to $13.12. Citigroup Inc. fell $1.98 or 3.8 percent, to $49.95. US Bank fell$. 18 or. 5 percent, to $35.41.
Bank of America Corp. fell$. 09 or. 7 percent, to $13.21. Citigroup Inc. fell $1.55 or 3.0 percent, to $50.38. US Bank fell$. 09 or. 2 percent, to $35.51.
Bank of America Corp. fell$. 14 or 1.1 percent, to $13.16. Citigroup Inc. fell $1.42 or 2.7 percent, to $50.51. Goldman Sachs fell $2.60 or 1.6 percent, to $164.89.
LONDON, June 11- The yen rose on Tuesday as some investors unwound bets against the currency after the Bank of Japan refrained from taking additional measures to curb recent bond market volatility.
TOKYO, June 11- The yen was jolted higher on Tuesday as investors unwound their short yen positions after the Bank of Japan offered no further easing steps and made no mention of measures to curb recent market volatility and rising government bond yields.
*SoftBank in choppy trade, raised Sprint offer to fend of Dish.
*Aussie slumps to $0.9381, lowest since Sept 2010. TOKYO/ SYDNEY, June 11- The yen weakened slightly in Asia on Tuesday as investors awaited the outcome of a Bank of Japan policy meeting for a sense of what Governor Haruhiko Kuroda plans to do to tackle recent volatility in Japanese markets.
SYDNEY, June 11- The yen eased in early Asian trade on Tuesday with investors wary ahead of the outcome of the Bank of Japan policy meeting on the off-chance that it might announce additional easing measures. The dollar edged up 0.1 percent to 98.85 yen, pulling away from a two-month low around 94.98 plumbed on Friday.
CANTON, Ohio-- Timken Co. said Monday it has formed a strategy committee to consider separation of steel business from its bearings businesses. Goldman Sachs will assist the committee in its evaluation.
Bank of America Corp. fell$. 08 or. 6 percent, to $13.30. Citigroup Inc. rose$. 33 or. 6 percent, to $51.93. Goldman Sachs rose $1.48 or. 9 percent, to $167.49.
Analysts are becoming divided on what to do with shares of Morgan Stanley after the stock's sharp run-up this year.
Bank of America Corp. fell$. 04 or. 3 percent, to $13.34. Citigroup Inc. rose$. 03 or. 1 percent, to $51.63. Goldman Sachs rose$. 85 or. 5 percent, to $166.86.
*Copper producers waiting to see if prices decline further. "I think there's still some reluctance as it is seen that the investor wants exposure to copper or zinc... and therefore is reluctant to alienate that investor by putting in place hedges," analyst Daniel Brebner at Deutsche Bank said.
The hedge fund SAC Capital received between $2 billion and $3 billion in requests from investors for the return of capital last week, say people familiar with the matter.
Bank of America Corp. rose$. 18 or 1.4 percent, to $13.38. Citigroup Inc. rose$. 77 or 1.5 percent, to $51.60. JPMorgan Chase rose$. 77 or 1.4 percent, to $54.27.
TORONTO, June 7- The Bank of Canada has appointed former Merrill Lynch executive Lynn Patterson as special adviser to new governor Stephen Poloz, the central bank said on Friday.
Stocks closed up about 1.3 percent Friday as the monthly employment report suggested economic growth is tepid enough for the Federal Reserve to maintain its bond-buying program over the next few months.
The stock market pullback could create an opportunity to boost exposure to cyclicals. Here are some of the tech stocks Wall Street analysts have been buzzing about.