Banks such as Barclays, Citigroup and Royal Bank of Scotland have banned traders from using group chat rooms, the Financial Times reports.» Read More
*Mosaic, Potash Corp sink after Russia quits top potash cartel. Mosaic Co stock was the S&P 500' s biggest percentage decliner, falling 20 percent to $42.39 after Russia's Uralkali dismantled one of the world's largest potash partnerships by pulling out of a venture with its partner in Belarus, a move it expects will cause global prices to plummet 25 percent.
*Mosaic, Potash Corp tumble after Russia quits top potash cartel. NEW YORK, July 30- U.S. stocks recovered the previous day's losses on Tuesday after earnings from Pfizer and others gave the market support, but Mosaic and other potash producers tumbled on expectation of a global price decline.
July 30- Thomson Reuters on Tuesday posted a 2 percent rise in second-quarter revenue on the strength of its legal and tax and accounting businesses and reaffirmed its forecast for 2013.. "Everything that is in our control remains on track," Chief Executive James Smith told Reuters. "
*Mosaic, Potash Corp tumble after Russia quits top potash cartel. NEW YORK, July 30- U.S. stocks were set to rise slightly at the open on Tuesday, bouncing back from a decline on Monday, as investors braced for consumer data in a week packed with economic numbers and a Federal Reserve policy statement.
LONDON, July 30- Barclays announced plans on Tuesday to raise 5.8 billion pounds from its shareholders to answer pressure from Britain's regulator for the bank to boost its capital strength and meet another 2 billion pound of mis-selling costs. Here is a list of the top 20 rights issues by banks in Europe since 2007- in millions of U.S. dollars.
SAO PAULO, July 30- Itaú Unibanco Holding SA, Brazil's largest bank by market value, beat second-quarter profit estimates on Tuesday as better-than-expected revenue and expense controls offset a slump in trading-related income.
July 30- Thomson Reuters on Tuesday posted a 2 percent rise in second-quarter revenue on the strength of its legal and tax and accounting businesses, and reaffirmed its forecast for 2013..
*Mosaic, Potash Corp tumble after Russia quits top potash cartel. NEW YORK, July 30- U.S. stock index futures edged higher on Tuesday, following stocks' slight decline on Monday, as investors braced for housing and consumer data in a week packed with economic numbers.
July 30- Thomson Reuters reported on Tuesday second quarter revenue from ongoing business rose 2 percent before currency changes to $3.1 billion and reaffirmed its outlook for the full year. Adjusted earnings for the quarter were $569 million, or 48 cents per share, unchanged from a year earlier.
FRANKFURT, July 30- Deutsche Bank AG warned on Tuesday it will face hundreds of millions of euros in costs for litigation and compliance with new bank rules after reporting weaker-than-expected second quarter earnings.
FRANKFURT, July 30- Deutsche Bank AG pledged to cut risky assets from its balance sheet in response to regulatory concerns, as quarterly profit missed expectations after a 630 million euro hike in litigation reserves.
As the Fed's two-day meeting kicks off Tuesday, markets are more intrigued about who will take Ben Bernanke's seat than the Fed's policy statement.
NEW YORK, July 29- U.S. It started with the corporate issuance announcements, "said Chuck Retzky, director of futures sales at Mizuho Securities USA in Chicago.
NEW YORK, July 29- Prices of U.S. Bank Wealth Management in Kansas, Missouri, said the market would likely trade "in a pretty tight range" unless Friday's employment report "is incredibly weak" and persuades market participants that the Fed won't begin to cut back on its bond purchases until December. "
*North America, UK post record high daily turnover. LONDON/ NEW YORK, July 29- Average daily currency turnover in the world's largest foreign exchange centres rose in April from six months earlier, with North America and the UK posting record high volumes, a biannual survey from major central banks released on Monday showed.
*Traders say have no incentive to give benchmark prices. LONDON, July 29- Traders at commodity heavyweights JPMorgan, Mitsubishi Corp and Trafigura are declining to give price assessments to reporting agencies for key metals like copper and aluminium in the wake of the Libor rate-rigging scandal and the Platts oil-price probe.
NEW YORK, July 26- The coming week on Wall Street could be a summer blockbuster, with the marquee featuring a triple bill: the Fed, jobs and earnings. Fed Chairman Ben Bernanke jolted markets in late May by saying the U.S. central bank planned to ease back on its stimulus efforts once the economy improves.
NEW YORK, July 26- Expedia Inc can send people to destinations around the world, but it can't send investors back in time so they can avoid the stock's massive selloff on Friday. Expedia, Netflix and Google were hit hard after reporting earnings in the last two weeks.
NEW YORK, July 26- In New York, this summer has lived up to its reputation as the silly season with a pageant of political theater comic enough to entertain even the most jaded tabloid sensibility. That made President Barack Obama's wonkish speech this week about how to strengthen the middle class particularly welcome.
*Q2 dividend 42 cents per share vs 13 cents per share last year. NEW YORK, July 26- KKR& Co LP said on Friday that its second-quarter earnings declined by 74 percent as a lower appreciation in its private equity funds overshadowed a quadrupling in the cash it received from the profits its funds generated.