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
March 4- Investment banker Ken Moelis' boutique investment firm, Moelis& Co, filed to go public as it looks to take advantage of rising demand for independent advisory services and an improving market for public offerings in the United States.
HONG KONG, March 5- The volume of M&A activity in South Korea has posted its strongest start to the year since 2008, rising 18 percent to date and dominated by a spate of private equity dealmaking.
NEW YORK, March 4- Oil and gold prices tumbled on Tuesday after Russia said it would only use military force against Ukraine as a last resort, easing political tensions that sent some commodity markets rallying a day earlier.
The New York- based company, led by Wall Street dealmaker Kenneth Moelis, will look to take advantage of an improving U.S. IPOs by dollar volume since 2000, according to Thomson Reuters data, as large floats such as Hilton Worldwide Holdings and Plains GP Holdings lifted deal proceeds 21 percent to $56.4 billion.
PARIS, March 4- More than 400 people have signalled they would join a class action against Mt. Selachii has received over 400 expressions of interest in joining a class action, according to the law firm's co-founder Richard Howlett.
MOSCOW, March 4- Russian companies are putting plans for bond deals on hold while banks assess the impact on investor demand of a slump in financial markets following Russia's military intervention in Ukraine. Russia paid a heavy financial price on Monday for its military action in Ukraine, with stocks, bonds and the rouble plunging.
March 3- Mutual fund manager Bruce Berkowitz, founder of Fairholme Capital Management, is pressing the boards of the mortgage-finance giants Fannie Mae and Freddie Mac to let investors have a bigger say in how the companies are run.
*Gold hits 4- month highs. NEW YORK/ LONDON, March 3- Gold and crude oil surged on Monday as escalating tensions between Moscow and Kiev prompted investors to flock to assets seen as safer while grains soared as the mounting conflict fueled concerns about supplies from a key exporting region.
NEW YORK, March 3- The crisis in Ukraine sent the Russian stock market tumbling on Monday, delivering a blow to already-punished portfolio managers who took outsized bets on eastern Europe this year, but generously rewarding those who had shorted the country.
TORONTO, March 3- Ford Motor Co of Canada said on Monday that its sales slipped slightly in February, to 16,234 vehicles from 16,301 in the same period last year, as healthy demand for its trucks was more than offset by a sharp drop in car sales.
DETROIT, March 3- U.S. auto sales in February were more brisk than expected as hefty incentives lured customers into dealerships late in the month despite cold and snowy weather. General Motors Co raced past analysts' expectations, saying Monday that sales dipped 1 percent to 222,104 vehicles.
DETROIT, March 3- Chrysler Group and Nissan Motor Co each posted double-digit gains in U.S. A poll of 34 analysts by Thomson Reuters showed expectations that overall U.S. sales would be flat with a year earlier.
DETROIT, March 3- Nissan Motor Co said on Monday that its U.S. Nissan had its best February in the U.S. market on record, selling 115,600 vehicles. Fred Diaz, Nissan's senior vice president for U.S. sales, said February was the 11th month in the last 12 that the company set U.S. sales records.
March 3- Fairholme Capital Management has sent letters to the boards of U.S. government-controlled Fannie Mae and Freddie Mac seeking corporate governance actions including a halt to borrowing to pay dividends to the government.
The Thomson Reuters/ PayNet Small Business Lending Index, which measures the volume of financing to small companies, rose to 117.2 in January, up 4 percent from a year earlier, PayNet said on Monday. "It was unexciting growth but it was growth nonetheless," PayNet founder Bill Phelan said.
SEOUL, March 1- Following are South Korea's preliminary export and import figures for February, released by the Ministry of Trade, Industry and Energy on Saturday:. FEB* JAN Balance 0.9 0.8 Exports 43.0 45.6 +1.6 -0.2 Imports 42.1 44.8 +4.0 -1.0* Revised figures released on Feb 14.
NEW YORK, Feb 28- Wheat prices rose about 3 percent to lead gains in U.S. commodities on Friday as the dollar fell but the biggest monthly gains for February were posted by arabica coffee, which rallied 40 percent on fears of crop damage from Brazil's drought.
NEW YORK, Feb 28- U.S. stocks climbed on Friday and the S&P 500 hit an intraday record for a second time this week as consumer confidence and other data bucked the recent trend of weaker economic reports.
NEW YORK, Feb 28- U.S. consumer sentiment rose marginally in February even as concerns about the extreme weather persisted, a survey released on Friday showed.
*Citigroup lowers 2013 profit as a result of fraud. *Salesforce.com raises revenue outlook, shares up. NEW YORK, Feb 28- U.S. stock index futures pointed to a slightly lower open on Wall Street Friday, with the S&P 500 coming off a record close and after the U.S. government slashed its estimate for fourth-quarter economic growth.