Thomson Reuters


  • Venture investments highest since 2001 Friday, 18 Apr 2014 | 12:02 AM ET

    Startup investments totaled $9.47 billion in the first three months of the year, up from $6.01 billion in the first quarter of 2013. It was the highest since the second quarter of 2001, when investments reached $11.5 billion. Since March, shares of companies such as Netflix, Twitter and Facebook have sagged.

  • Official: 6 subpoenas in NY stock trade probe Wednesday, 16 Apr 2014 | 5:47 PM ET

    ALBANY, N.Y.— An official familiar with the investigation said the New York Attorney General's Office has issued subpoenas to six firms and sent a letter to another for details about split-second stock trading and any unfair advantages.

  • Gap outlines growth plans for China Wednesday, 16 Apr 2014 | 3:27 PM ET

    NEW YORK— Gap Inc. announced Wednesday it plans to more than triple sales in China in three years as it seeks to grab a bigger piece of the overall $1.4 trillion global clothing market.

  • Gap says key sales measure down for March Thursday, 10 Apr 2014 | 5:00 PM ET

    SAN FRANCISCO— Gap Inc. said Thursday that a key sales measure fell more in March than the market had expected, partly because of bad winter weather. Shares of the San Francisco- based company, which owns the Gap, Banana Republic and Old Navy brands, fell nearly 3 percent in after-hours trading following the announcement.

  • L Brands key March sales figure falls 1 percent Thursday, 10 Apr 2014 | 9:28 AM ET

    COLUMBUS, Ohio— L Brands Inc. said Thursday that a key sales figure fell in March compared with a year ago, but was still better than what analysts expected. L Brands said the later Easter, which falls on April 20 this year compared to March 31 a year ago, hurt its key sales figure by 2 to 3 percentage points.

  • Buckle March sales metric falls but tops Street Thursday, 10 Apr 2014 | 8:20 AM ET

    KEARNEY, Neb.— Buckle's March sales at stores open at least a year slipped 1.8 percent, but still topped analysts' expectations. Analysts predicted a decline of 3.2 percent, according to a Thomson Reuters poll. For the five week fiscal month ended April 5, Buckle Inc.' s revenue was nearly flat at $106.6 million.

  • Costco key March sales metric tops Street's view Thursday, 10 Apr 2014 | 6:46 AM ET

    ISSAQUAH, Wash.— Costco's sales at stores open at least a year rose 5 percent in March, beating Wall Street's forecast. Analysts polled by Thomson Reuters expected a 3.5 percent increase. Costco said that the five-week period included one extra day compared with the year-ago period due to the timing of Easter.

  • HONG KONG, March 13- Ping An, China's second largest insurer by market value, posted an albeit lower than expected 40.4 percent rise in annual earnings on Thursday, as investment income surged on the back of a recovery in China's stock market. Ping An Insurance Group Co of China Ltd made a net profit of 28.15 billion yuan in the year ended Dec. 31.

  • *Li hints Beijing will tolerate economic slowdown. Li, speaking at a news conference on the final day of China's yearly parliament, hinted Beijing would tolerate slower economic expansion this year while it pushes through reforms aimed at providing longer-term and more sustainable growth.

  • March 12- The Federal Reserve Bank of New York looked at whether a key foreign-exchange benchmark was subject to manipulation in 2012 but did not pursue any public action, the Wall Street Journal reported, citing people familiar with the matter.

  • SAO PAULO, March 12- The hiring of three top bankers of BR Partners Banco do Investimento SA by New York- based Moelis& Co LLC was "improper and unethical," Ricardo Lacerda, chief executive officer of the Brazilian investment bank, said on Wednesday, adding that BR Partners is considering possible action.

  • NEW YORK/ LONDON, March 12- New York coffee futures reversed course on Wednesday after setting a two-year high on weather-related concerns over output in top grower Brazil before edging lower as investors cut risk. The second-month ICE contract climbed to a two-year high of $2.0975 per lb before closing down 0.35 cent, or 0.2 percent, at $2.0530 per lb.

  • *Ireland set to resume regular debt auctions on Thursday. LONDON, March 12- Ireland's yields hit record lows on Wednesday a day before it returns to market with its first regular bond auction since exiting an international bailout in December.

  • Italy yields rise as inflation-linked debt sale eyed Wednesday, 12 Mar 2014 | 5:24 AM ET

    *Italy selling new 10- year inflation-linked bonds. LONDON, March 12- Italian bond yields rose further from eight-year lows on Wednesday as Rome launched a new. Italy underperformed top-rated euro zone bonds, which were rallying on growth and credit concerns in China as well as mounting tensions in Russia's standoff with western countries over Ukraine.

  • MACAU, March 12- Galaxy Entertainment Group Ltd and Melco Crown Entertainment Ltd look best placed to benefit from the next phase of Macau's development as the world's gambling capital adds eight more mega-casinos by 2017..

  • MACAU, March 12- Galaxy Entertainment Group Ltd and Melco Crown Entertainment Ltd look best placed to benefit from the next phase of Macau's development as the world's gambling capital adds eight more mega-casinos by 2017..

  • SAO PAULO, March 11- Moelis& Co LLC, the financial firm founded by banker Ken Moelis, opened an office in Brazil on Tuesday, the latest move by an independent investment bank into the merger and acquisitions business in Latin America's biggest economy.

  • BEIJING, March 11- China's central bank governor said on Tuesday that the country's deposit rates are likely to liberalised in one to two years- the most explicit timeframe to date for what would be the final step in freeing up banks to set their own interest rates.

  • NAIROBI, March 10- Kenya will push ahead with a debut Eurobond even though market conditions have deteriorated and it is not clear what yield it will have to pay, Finance Minister Henry Rotich said on Monday.

  • RIO DE JANEIRO/ LONDON, March 10- Emerging stocks fell over 1 percent on Monday after poor Chinese export data re-ignited global concerns of a slowdown in the world's No. 2 economy and pushed Chinese shares to a five-year closing low.

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