Markit, the financial data company set up by a former trader in his shed, is set to mark its evolution with a share offering in New York this year.» Read More
NEW YORK, March 9- March 9 marks the five-year anniversary of the bottom for U.S. equities, the culmination of a 56.8 percent plunge in the S&P 500 from its previous record as the economy fell into its worst recession since the Great Depression. Category 2009 Now S&P market cap $6.14 trillion $17.49 trillion U.S. debt outstanding $10.95 trillion $17.47 trillion.
SINGAPORE, March 10- Singapore's Temasek Holdings is shedding the skin of a sprawling sovereign investment house, cutting stakes in big publicly listed companies as it puts more money into growing private companies and private equity firms in search of better returns.
NEW YORK, March 9- Five years ago, the United States was in the midst of its worst recession in seven decades, and stocks were feeling it. On this day in 2009, the S&P 500 hit its nadir, closing at 676.53.
NEW YORK, March 9- March 9 marks the five-year anniversary of the bottom for U.S. equities, the culmination of a 56.8 percent plunge in the S&P 500 from its previous record as the economy fell into its worst recession since the Great Depression.
NEW YORK, March 7- Copper tumbled 4 percent to a seven-month low on Friday while silver and aluminum lost more than 1 percent each after the first bond default by top metals buyer China sparked global growth concerns.
NEW YORK, March 7- Friday's stronger-than-expected payrolls report did more than ease concerns about U.S. economic fundamentals- it also seemed to justify Wall Street's record levels, suggesting the market's uptrend could continue.
LONDON, March 7- Global activity in initial public offerings has leaped 70 percent to hit $28.2 billion in 2014 so far, compared with the same period last year, Thomson Reuters data showed on Friday.
NEW YORK, March 6- Gold rose 1 percent on Thursday, nearing four-month highs hit earlier in the week, as the dollar tumbled against the euro and oil, copper and corn climbed too, pushing commodities broadly higher. Gold prices were boosted by the European Central Bank's decision not to take fresh action to inject liquidity into the euro zone market.
NEW YORK, March 6- U.S. private equity group Carlyle said assets at its commodities hedge fund Vermillion fell by more than half in the nine months to December, suggesting investor redemptions at the fund after some negative returns.
BOGOTA, March 5- Some arabica coffee buyers in Colombia have ripped up supply contracts with exporters, setting off a price war for high-quality beans in the first sign a 75 percent surge in prices so far this year is starting to disrupt the market, exporters say.
*Sales rise 6 pct to $25.76 bln, misses est $26.65 bln. March 6- Warehouse retailer Costco Wholesale Corp reported a bigger-than-expected 15 percent fall in quarterly profit as unusually deep discounting in the holiday shopping season hurt margins, sending its shares down as much as 3.6 percent.
WASHINGTON, March 6- Individual investors have been fleeing the U.S. municipal bond market for more than a year, and data released by the Federal Reserve on Thursday shows they now hold the smallest amount of the debt in more than seven years.
Costco Wholesale Corp on Thursday said U.S. sales at stores open at least a year rose 3 percent, while L Brands Inc reported a better-than-expected 2 percent rise, lifted by gains at its Victoria's Secret lingerie chain.
*EU Commission subjecting France to enhanced monitoring. PARIS, March 6- France is facing pressure to deliver on long-promised, deep budget savings in the next couple of weeks to keep the increasingly strained faith of its EU partners, bond markets and ratings agencies.
Feb 6- Click onfor a table that compares U.S. retailers' reported February same-store sales with analysts' estimates published by Thomson Reuters.
LONDON, March 6- BP Plc said regulators from the United States and Asia have asked it for information after the European Commission's started an investigation last year into suspected manipulation of oil prices. London- based BP, Europe's second-largest oil company, made the disclosure in its annual report released on Thursday.
March 6- Warehouse retailer Costco Wholesale Corp reported a bigger-than-expected 15 percent fall in profit as unusually deep discounting in the holiday shopping season hurt margins, sending its shares down about 3 percent in premarket trading.
FRANKFURT, March 6- Germany's Merck KGaA, the worlds largest maker of liquid crystals for display screens, reported an unexpected rise in underlying profits on Thursday as the benefits of its cost cutting campaign more than offset the impact of weaker foreign currency exchange rates.
NEW YORK, March 5- Oil slid further on Wednesday, weighing on a key commodities index, but gold, nickel and coffee prices rose as investor attention returned after a brief pause over the Ukraine crisis.
LONDON, March 5- The Bank of England revealed on Wednesday that allegations of rigging of world currency markets had been flagged as far back as mid-2006 as it suspended a staff member as part of a probe into what it knew about the alleged manipulation.