GO
Loading...

Enter multiple symbols separated by commas

Thomson Reuters

More

  • *Kuwait acknowledges oversupply, but blames non- OPEC sources. NEW YORK, May 18- Oil slipped on Monday as a rallying dollar weighed on the commodities complex amid a bearish price outlook by influential Wall Street firm Goldman Sachs and risks of growing oversupply. Crude oil prices erased early gains of more than $1 a barrel on worries of turmoil in the Middle East...

  • *Brait's second major deal in a month. The deal, announced on Friday, puts Brait, whose top shareholder is South African retail mogul Christo Wiese, in the middle of the crowded British high street, where New Look vies with Primark, part of AB Foods, Next and H&M. It is the second big deal in a month for Brait, one of Africa's largest investment houses which is also buying...

  • NEW YORK, May 14- Even as the rise of online retailers such as Amazon.com Inc leads analysts to predict the eventual death of the American shopping mall, real estate fund managers are betting some will prosper- if they can lure the right kind of consumer. Simon Property Group Inc, the largest high-end mall operator in the country with properties including Palo Alto,...

  • NEW YORK, May 13- A downgrade of Chicago's debt rating to junk created confusion in the $3.7 trillion U.S. municipal bond market on Wednesday, with prices sliding in a volatile session and predictions that they still have further to fall. While Moody's Investors Service downgraded the city's $8.1 billion of general obligation debt to junk at Ba1, other big Wall...

  • YOKOHAMA, Japan, May 13- Nissan Motor Co said it expects operating profit to climb a solid 15 percent this financial year, forecasting growth in vehicle sales for every region except Japan. Nissan, 43.4 percent owned by France's Renault SA is, however, grappling with a French government move, against both automakers' wishes, to raise its holding in Renault to gain a...

  • Nissan forecasts 14.5 pct rise in annual operating profit Wednesday, 13 May 2015 | 2:13 AM ET

    YOKOHAMA, Japan, May 13- Nissan Motor Co forecast a 14.5 percent rise in annual operating profit on Wednesday, after robust growth in the past financial year thanks to a weaker yen and strong sales growth in North America. Japan's No.2 automaker by global sales expects operating profit of 675 billion yen this financial year, against a consensus forecast of 690...

  • AOL's Armstrong charted bumpy path to big Verizon sale Tuesday, 12 May 2015 | 6:54 PM ET

    May 12- AOL Inc Chief Executive Tim Armstrong's six year path to transforming the venerable dial-up Internet provider into a marketable mobile ad specialist was filled with bumps. Perhaps most infamously, Armstrong publicly blamed an AOL employee's "distressed baby" as the reason for the company's escalating health care costs. Verizon's offer- at a premium of...

  • China rate cut puts spring in developers' step Tuesday, 12 May 2015 | 5:00 PM ET

    *Property sector accounts for 15 pct of China's growth. China's real estate investment growth slipped in the first quarter to its lowest rate since 2009 as developers focused on clearing excess inventory, but rare comments from senior executives offer hope of a near-term pick-up in home sales and a knock-on boost for about 40 related business sectors.

  • CEE bank sales offer investors a shot at growth markets Tuesday, 12 May 2015 | 10:19 AM ET

    WARSAW/ PRAGUE- May 12- More mid-sized banks are coming up for sale in central Europe as foreign owners retrench and stubbornly low interest rates squeeze others, creating openings for investors looking for a foothold in economies offering faster growth than the euro zone. In Poland, the biggest economy in the European Union's emerging east, three banks are...

  • May 11- Wall Street was mixed in morning trading on Monday amid worries about Greece's precarious financial condition and slowing growth in China, while energy stocks fell on weaker oil prices. "Even though the market closed up on Friday, more stocks were lower for the week and that points to weakness," said Paul Nolte, portfolio manager at Kingsview Asset...

  • US STOCKS-Wall St mixed at open; energy shares fall Monday, 11 May 2015 | 10:27 AM ET

    *Rosetta soars as Noble Energy offers to buy company for $2 bln. *Zulily rises after Alibaba increases stake. Exxon Mobil shares fell 1.1 percent to $87.28.

  • *Rosetta soars as Noble Energy offers to buy company for $2 bln. *Zulily rises after Alibaba increases stake. "There will be some carry-over from the positive jobs report but not at the same magnitude," said Mark Luschini, chief investment strategist at Janney Montgomery Scott in Philadelphia.

  • By Saikat Chatterjee HONG KONG, May 11- Chinese stock index futures have surpassed S&P 500 futures in turnover to become the world's most traded equity futures as global investors expanded their exposure to one of Asia's top-performing markets. Turnover in the CSI300 futures contract expiring on May 15 has soared in recent weeks, in step with surging shares in...

  • Banks including Goldman Sachs Group Inc, Citigroup and Morgan Stanley are looking to hire more bankers in India and are now regularly attending "bake-offs" to pitch for advisory roles on deals, according to several banking industry sources. Foreign money has been pouring into India's fast-growing e-commerce sector, with investors ranging from Japan's...

  • *Cash-and-share offer at 449 Sfr rebuffed by Syngenta. *Syngenta flags deal risks, including from regulators. LONDON, May 8- Major investors in Swiss agrochemicals firm Syngenta are confident a deal with Monsanto will come off if the U.S. firm ups its initial $45 billion bid by at least 10 percent.

  • *Sees FY net profit up 3.5 percent to nearly $19 bln. TOKYO, May 8- Toyota Motor Corp said it will crank net profit up to a third straight record this year as cost cuts and rising U.S. sales offset weaker business elsewhere, building on bumper earnings last year powered largely by foreign-exchange gains. That's conservative compared with 120 yen currently, implying...

  • TOKYO, May 8- Fuji Heavy Industries Ltd, the maker of Subaru cars, forecast a big jump in annual profits citing a stronger dollar and higher sales in the U.S. market, its biggest, saying it would add capacity there earlier than planned to meet red-hot demand. An acute supply shortage has been the biggest challenge for the Tokyo- based automaker as demand for cars such as...

  • TOKYO, May 8- Toyota Motor Corp said it will crank net profit up to a third straight annual record this year, as rising U.S. sales offset weaker business in Asia after last year's bumper earnings were powered by foreign exchange gains and cost cuts. That's below the average estimate of 2.44 trillion yen from a Thomson Reuters survey of 27 analysts.

  • TOKYO, May 8- Toyota Motor Corp said on Friday it expected a third straight year of record profit, with rising sales in the U.S. auto market helping it to a modest improvement after a bumper year powered by foreign exchange windfalls and cost cuts. After net profit jumped 19 percent in the year ended March to 2.17 trillion yen, the world's top-selling automaker said...

  • May 7- Yelp Inc, the operator of consumer review website Yelp.com, is exploring a sale that could fetch more than $3.5 billion, the Wall Street Journal reported, citing people familiar with the matter. Yelp's shares rose as much as 16 percent on Thursday. Yelp, which went public in 2012, had a market value of about $2.86 billion as of Wednesday, according to Thomson...