GO
Loading...

Enter multiple symbols separated by commas

Stocks Thomson Reuters

More

  • *Citi lowers forecasts on global smartphone sector. The STOXX Europe 600 Technology Index was down 2.4 percent at 1315 GMT, tracking a similar decline in the United States concentrated among semiconductor companies overnight. Traders said one reason for the pull-back was a note by U.S. investment bank Citigroup, which on Thursday cut its forecasts for the...

  • HONG KONG/ SHANGHAI, March 26- China's Bank of Communications Co Ltd, said on Thursday its bad loan ratio rose to 1.25 percent, its highest level since 2010, as the lender grappled with borrowers' increasing inability to repay debt in China's slowing economy. The result compared with the 13.9 billion yuan average estimate of analysts polled by Thomson Reuters.

  • TORONTO, March 25- Canada's competition watchdog on Wednesday approved Postmedia's proposed takeover of Quebecor Inc's Sun Media English-language newspapers and digital assets, paving the way for one publisher to control a majority of the English-language dailies across Canada. The deal will bring some 175 newspapers and publications, including the...

  • March 24- Kraft Foods Group Inc, maker of Velveeta cheese and Oscar Mayer meats, is in talks to be acquired by Brazilian private equity firm 3 G Capital, a source familiar with the matter told Reuters on Tuesday. 3 G teamed up with Warren Buffett's Berkshire Hathaway Inc to acquire Ketchup maker H.J. The Wall Street Journal first reported on the possible deal and said...

  • March 24- Private equity firm 3 G Capital is in talks to acquire Kraft Foods Group Inc, a source familiar with the matter told Reuters on Tuesday. Based on Tuesday's close at $61.32, Kraft had a market capitalization of $36.06 billion. The company had 588.13 million shares outstanding as of March 2, according to Thomson Reuters data.

  • HONG KONG, March 25- When little-known Chinese taxi-hailing app Didi Dache needed $15 million to grow its business two years ago, a local upstart investment bank stepped in to help it raise the funds from social networking giant Tencent Holdings Ltd.. Didi tapped Bao to put together the deal, sidestepping Wall Street heavyweights like Goldman Sachs and Morgan...

  • NEW YORK, March 24- Wall Street drifted down while European shares neared record highs in choppy global equities trading on Tuesday as the dollar rebounded and oil prices fell. Declines on the Nasdaq were held in check by a boost from Google, up 2 percent to $570.19. Morgan Stanley's chief financial officer is leaving the bank to join Google.

  • *UK acquisitions by foreign buyers total $48 bln year to date. Investors appear relatively unconcerned about the risk of instability after a general election on May 7 or doubts about Britain's future in the European Union. Even excluding a $15 billion bid by Hutchison Whampoa for O2's UK operations, inbound mergers& acquisitions activity so far this year is at...

  • HONG KONG/ SHANGHAI, March 24- Agricultural Bank of China Ltd on Tuesday reported a 4 percent dip in fourth-quarter profit and a spike in bad loans as manufacturers and retailers struggled to repay debt while economic growth slowed. "This year, industry net interest margin will be on a downward trend, first quarter profit is also likely to fall," Chief Financial...

  • *Q1 pretax 4.7 bln SEK vs consensus 4.4 bln. *Slow start to Q2 as March 1-21 sales rise 9 pct. STOCKHOLM, March 24- Hennes& Mauritz, the world's second-biggest fashion retailer, reported a bigger than expected rise in profits over the last three months but cautioned that the strong dollar would increasingly affect costs this year.

  • HONG KONG/ SHANGHAI, March 24- Agricultural Bank of China Ltd on Tuesday posted weaker-than-expected profit and a rise in bad loans as the country's slowing economic growth hit borrowers in the manufacturing, wholesale and retail sectors in particular. China's third-largest listed lender reported net profit for the fourth quarter of 27 billion yuan,...

  • LONDON, March 23- Average daily volumes in the global foreign exchange market fell in February after soaring the previous month in the wake of Switzerland's shock removal of its currency cap, data from FX settlement system CLS showed on Monday. January was turbulent for the FX market, with the shock move on Jan. 15 by the Swiss National Bank to scrap its cap on the...

  • *Agreement is latest Chinese acquisition in Italy. MILAN, March 22 (Reuters)- China National Chemical Corp (ChemChina) is to buy into Pirelli, the world's fifth-largest tire maker, in a 7.1 billion-euro ( $7.7 billion) deal that will put the 143- year-old Italian company in Chinese hands. The deal agreed with Pirelli's top shareholders on Sunday is the latest in a...

  • *Up from three potential $1 billion- plus drugs in 2014. LONDON, March 23- Bristol-Myers Squibb, Sanofi and Novartis have the three top new drugs set to reach the market in 2015, among 11 products each with $1 billion- plus sales potential, according to a Thomson Reuters analysis. In total, 11 of the many new drugs set for launch in 2015 are expected to generate $1 billion-...

  • *Agreement is latest Chinese acquisition in Italy. MILAN, March 22- China National Chemical Corp is to buy Pirelli, the world's fifth-largest tyre maker, in a 7.1 billion-euro deal that will put the 143- year-old Italian company in Chinese hands. The deal agreed with Pirelli's top shareholders on Sunday is the latest in a series of takeovers made in Italy by...

  • *Up from three potential $1 billion- plus drugs in 2014. LONDON, March 23- Bristol-Myers Squibb, Sanofi and Novartis have the three top new drugs set to reach the market in 2015, among 11 products each with $1 billion- plus sales potential, according to a Thomson Reuters analysis. In total, 11 of the many new drugs set for launch in 2015 are expected to generate $1 billion-...

  • Some on Wall Street are even talking about an earnings recession. Wall Street analysts currently estimate earnings growth of 1.3 percent for 2015, down from a forecast of 8.1 percent at the beginning of the year, according to Thomson Reuters data. Nearly one-fifth of S&P 500 companies have warned on earnings for the first quarter, with at least 49 companies...

  • NEW YORK, March 22- As the dollar surged in the last 12 months, David Marcus, head of the Evermore Global Value fund, steadily increased his stake in Europe. Demand for a way to hedge currency exposure while investing in Europe helped the WisdomTree Europe Hedged Equity Fund bring in $5.3 billion in new assets over the first two months of the year, the most of any equity...

  • March 20- Investors enjoying near-record levels for major stock indexes will scrutinize housing data and other economic indicators in the coming week for hints about the timing of U.S. interest rate hikes to see if the rally will continue. That's the driver, "said Art Hogan, chief market strategist at Wunderlich Securities in New York. With Wall Street bracing...

  • NEW YORK/ BOSTON, March 20- Rapid7, LogRythm and Mimecast are joining a growing list of cybersecurity firms planning to go public in 2015 to capitalize on investor interest following a spate of hacker attacks, according to people familiar with the matter. Shares of publicly traded cybersecurity firms have outperformed the market in recent months, as...