Bloomberg LP on Friday announced the appointment of a privacy advisor after being embroiled in criticism of reporters use of Bloomberg terminals to obtain private information.» Read More
Bank of America Corp. rose$. 36 or 2.8 percent, to $13.34. Citigroup Inc. rose $1.17 or 2.4 percent, to $50.09. JPMorgan Chase rose$. 56 or 1.1 percent, to $50.23.
NEW YORK, May 14- Goldman Sachs Group Inc won dismissal on Tuesday of fraud claims brought by a bond insurer over a CDO tied to subprime mortgage securities called Abacus.
Bank of America Corp. rose$. 36 or 2.7 percent, to $13.34. Citigroup Inc. rose $1.05 or 2.1 percent, to $49.97. JPMorgan Chase rose$. 47 or. 9 percent, to $50.14.
NEW YORK, May 14- A New York appeals court dismissed a case against Goldman Sachs Group Inc brought by a bond insurer who claimed it was fraudulently induced to insure the bank's Abacus product tied to subprime mortgages.
*Tesla Motors extends gains on raised sales outlook. Large-cap banks were among the day's biggest advancers, with Bank of America up 2.3 percent to $13.27 and Citigroup Inc up 2.1 percent to $49.97. Goldman Sachs advanced 2.9 percent to $153.97.
Bank of America Corp. rose$. 24 or 1.8 percent, to $13.22. Citigroup Inc. rose$. 82 or 1.7 percent, to $49.74. US Bank rose$. 19 or. 6 percent, to $33.69.
LONDON, May 14- Signs the dollar was preparing for another move higher held down oil and gold prices on Tuesday and helped shares shake off worries over weaker-than-forecast German sentiment data.
LONDON, May 14- A pause in the dollar's recent run helped steady oil and gold prices on Tuesday, while large demand for Spanish bonds helped the euro shake off weaker-than-forecast German sentiment data.
LONDON, May 14- Brent crude oil slipped below $103 per barrel on Tuesday, caught between hopes of a revival in global economic growth and worries over demand after bearish reports from the West's energy watchdog.
The retail sales figures added to recent data pointing to underlying strength in the world's biggest economy, boosting risk assets such as Asian shares, but investors remain nervous about oil demand from the United States and China amid slowing consumption in Europe.
TOKYO, May 14- Asian shares steadied on Tuesday, snapping a two-day losing streak as a suprising rise in U.S. retail sales boosted optimism about the recovery in the world's largest economy, but the dollar took a breather after recent broad gains ahead of more data.
SINGAPORE, May 14- Brent futures held steady near $103 a barrel on Tuesday, caught between hopes of a revival in demand growth after an unexpected jump in U.S. retail sales and concerns about rising stockpiles in the world's largest oil consumer.
*MSCI Asia ex- Japan up, profit-taking caps Nikkei below recent high. Stability in the euro zone was evident at Italy's three-year debt auction on Monday when costs fell to their lowest since January, as investors backstopped by European Central Bank guarantees, brushed off concerns about the country's political and economic troubles.
SINGAPORE, May 14- Gold rose for the first time in four sessions on Tuesday, aided by a softer dollar, although persistent outflows from exchange-traded funds reflected investors' waning interest in the safe-haven precious metal.
*MSCI Asia ex- Japan steady, Nikkei opens up 0.3 pct. TOKYO, May 14- Asian shares paused from selling on Tuesday while the dollar was underpinned by better-than-expected U.S. retail sales suggesting a steady recovery in the world's largest economy.
NEW YORK, May 13- Goldman Sachs Group Inc shareholders should vote against the Wall Street bank's executive compensation proposal because the board has "failed to link pay with performance," proxy advisory firm Glass Lewis said in a report on Monday.
Bank of America Corp. fell$. 04 or. 3 percent, to $12.98. Citigroup Inc. rose$. 17 or. 3 percent, to $48.92. Wells Fargo rose$. 17 or. 4 percent, to $38.20.
Glass Lewis advised Goldman Sachs shareholders to vote against the company's executive compensation proposal as well as director James Johnson due to disappointing performance.
Thousands of private messages sent between users of Bloomberg's financial terminals have leaked online.
NEW YORK, May 13- Matthew Winkler, editor-in-chief of Bloomberg News, apologized on Monday for allowing journalists "limited" access to sensitive data about how clients used Bloomberg terminals, saying it was "inexcusable", but that important customer data had always been protected.