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  • LOS ANGELES, May 3- McDonald's new Chief Executive Steve Easterbrook is set to unveil his plan on Monday to revive growth as the world's largest hamburger chain struggles to win back consumers and investors. He'll be aiming to persuade people such as Janna Sampson, co-chief investment officer at OakBrook Investments, which bought McDonald's shares on the...

  • *Gilead leads as biotechs ends 5- day losing streak. May 1- Wall Street was higher at midday on Friday, with the Nasdaq recording gains for the first time this week, as healthcare and technology stocks rebounded, and as data pointed to a pick-up in economic activity. Gilead led the gains on the Nasdaq and the S&P 500 with a 4.4 percent increase to $104.90.

  • May 1- Wall Street rose at the open on Friday as healthcare and technology stocks, led by Gilead and Apple, rebounded after two weak sessions, and despite data that came in lower-than-expected. Apple shares rose 1.5 percent to $126.94 and was the biggest driver on the Dow, Nasdaq and S&P 500.. Gilead led the gains with a 3 percent increase to $103.53 after its...

  • DETROIT, May 1- Fiat Chrysler Automobiles said on Friday it expects April U.S. auto industry sales to rise 6 percent from a year ago. Fiat Chrysler's U.S. sales rose 6 percent to 189,027 vehicles in April, missing expectations of nine analysts polled by Reuters. Economists polled by Thomson Reuters expected the annual sales rate in April to finish at 16.9 million...

  • May 1- U.S. stocks were poised to open higher on Friday ahead of the release of data that could support signs that the economy is regaining momentum after stumbling in the first quarter. Construction spending is expected to have risen in March after slipping in February, while the Institute for Supply Management's manufacturing index is expected to have...

  • DETROIT, May 1- Fiat Chrysler Automobiles said on Friday it expects April U.S. auto industry sales to rise 6 percent from a year ago. Fiat Chrysler reported U.S. sales of 189,027 vehicles in April, missing expectations nine analysts polled by Reuters. The automaker's forecast of a 6 percent rise for April U.S. auto sales matches that of a poll of 35 industry analysts...

  • May 1- Credit rating agency Moody's Corp reported a better-than-expected quarterly profit, driven by strong growth in its bond ratings and financial services businesses. High-grade U.S. corporate debt offerings jumped 8 percent to $341.9 billion in the first quarter from a year earlier, marking the strongest three-month period for the asset class since...

  • Exports last month fell 8.1 percent from a year earlier, the sharpest fall since February 2013, as shipments to the top markets of China, the United States and the European Union posted losses, preliminary government data showed on Friday. Imports into Asia's fourth-largest economy plunged 17.8 percent from a year earlier, pushing the monthly trade surplus up...

  • MEMLO PARK, Calif., April 30- In the 1980 s when Sony and Toshiba were setting the agenda in the global TV and memory chip markets Japan was bristling with confidence as a hub of technological innovation. Three decades later, with Japan's electronics industry in decline, Prime Minister Shinzo Abe has come to Silicon Valley- the first sitting Japanese leader to do so-...

  • SEOUL, May 1- Following are South Korea's preliminary export and import figures for April, released by the Ministry of Trade, Industry and Energy on Friday:. APRIL* MARCH Balance 8.5 8.4 Exports 46.2 47.0 -8.1 -4.3 Imports 37.7 38.6 -17.8 -15.3* Revised figures released on April 15. April's trade surplus was the highest on record.- The average export value per working...

  • *Jobless claims lowest since 2000. April 30- U.S. stocks, led by the Nasdaq, sold off on Thursday as Apple shares declined, and tech and biotech quarterly results disappointed. The Nasdaq biotech index dropped 3.1 percent on Thursday, led by a 4.5 percent fall in Celgene, which reported lower-than-expected quarterly revenue.

  • April 30- U.S. stocks sold off on Thursday, led by a drop in the Nasdaq, as Apple shares declined and results in tech and biotech names disappointed. The Nasdaq biotech index dropped 3.1 percent, led by a 4.5 percent fall in Celgene, which reported lower-than-expected quarterly revenue. Apple was down 2.7 percent at $125.15 and was the biggest drag on the Dow, S&P 500...

  • And that kind of colored the statement more hawkish for the Fed, "said Bucky Hellwig, senior vice president at BB&T Wealth Management in Birmingham, Alabama. The Nasdaq biotech index dropped 3.2 percent, led by a 3.9 percent fall in Celgene, which reported lower-than-expected quarterly revenue. The company limited the availability of the Apple Watch after a key...

  • CORRECTED-Bloomberg boosts funding of UK politics Thursday, 30 Apr 2015 | 10:42 AM ET

    LONDON, Feb 19- A company owned by former New York Mayor Michael Bloomberg has almost doubled its political donations in the UK over the past four years, records of electoral donations show. Bloomberg Tradebook, a British-registered financial markets broker and research firm owned by U.S. financial information giant Bloomberg LP, gave money to all three...

  • *Selling retail business in Turkey a priority- sources. ISTANBUL, April 30- HSBC faces a tough task selling its loss-making retail arm in Turkey, where it has been hamstrung by tough competition and faces a decline in both economic growth and investor confidence. Chief Executive Stuart Gulliver said in February HSBC's four problem businesses-- Brazil, Mexico,...

  • FRANKFURT, April 30- Franco-Italian semiconductor maker STMicroelectronics posted slightly weaker than expected quarterly results on Thursday, blaming a sharp fall in demand for computer parts and warning it anticipated little pickup in the current quarter. Analysts, on average, had been looking for a profit of 1 cent per share, according to Thomson Reuters...

  • TOKYO, April 30- Japanese consumer electronics maker Sony Corp expects operating profit to more than quadruple this year, as strong sales of camera sensors and cost cuts anchor a long-awaited turnaround after years of losses on TVs and mobile phones. Sony said on Thursday it estimates operating profit will jump in the year ending March 2016 to 320 billion yen.

  • TOKYO, April 30- Japanese consumer electronics maker Sony Corp said it expects operating profit to more than quadruple this fiscal year, boosted by strong sales of camera sensors and cost cuts as it seeks to turn around its loss-making mobile phone business. Sony said on Thursday it estimates operating profit will grow in the year ending March 2016 to 320...

  • However, the situation is changing as the landmark Shanghai- Hong Kong stock connect scheme saw robust southbound flows in the past few weeks, which greatly eased the offshore yuan market's tight liquidity. The stock connect has brought in a net 50 billion yuan into Hong Kong in the past month, according to Reuters calculations, thanks to increased demand for...

  • TOKYO, April 30- Japanese consumer electronics maker Sony Corp said it expects operating profit to more than quadruple this fiscal year, boosted by strong sales of camera sensors and cost cuts in its ailing mobile phone business. Sony said on Thursday it estimates operating profit will grow in the year ending March 2016 to 320 billion yen from 68.5 billion in the...