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
*Ralph Lauren climbs after earnings, dividend boost. The equity market was also buoyed by a host of initial public offerings, with six new issues expected to start trading Wednesday, a day ahead of the highly anticipated IPO of Twitter Inc. Barracuda Networks Inc shares jumped 27.1 percent to $22.88 early on its first trading day.
*Ralph Lauren climbs after earnings, dividend boost. John Williams, president of the San Francisco Federal Reserve Bank, said Tuesday the Fed should wait for stronger evidence of economic momentum before pulling back on its massive bond-buying program, but should then announce a definitive end to the stimulus.
Nov 6- Carlyle Group LP on Wednesday posted an 11 percent drop in third-quarter profit as it generated less cash from asset sales for its shareholders than it has done in any other quarter as a publicly listed alternative asset manager.
NEW YORK, Nov 6- U.S. stock index futures rose on Wednesday on the possibility the Federal Reserve may keep stimulus measures in place longer than anticipated ahead of data key later this week on the labor market and economic growth.
HONG KONG, Nov 6- China's Shuanghui International Holdings, which bought U.S. pork producer Smithfield Foods Inc this year, has hired six banks for a Hong Kong IPO, seeking to raise up to $6 billion in what is set to be Asia's Pacific ex- Japan's largest offering in about four years.
NEW YORK, Nov 5- Oil and precious metals fell on Thursday, with gold falling for the seventh straight session, as upbeat U.S. economic data challenged assumptions of a prolonged Federal Reserve stimulus.
NEW YORK, Nov 5- The Dow and the S&P 500 ended lower on Tuesday following two sessions of gains as investors weighed the implications of strong economic data for the path of monetary policy over the next several months.
NEW YORK, Nov 5- Companies that sell consumer goods, such as electronics, cars and appliances, are leading the U.S. market in earnings and share gains, but high valuations and fund managers' big weightings in the sector pose major investment risks.
SYDNEY, Nov 6- With a track record of funding junior miners, Australia's IPO market is now warming up to something that might be just as risky as the diggers- drug makers. Mining stocks have come under pressure over the past year as Australia's decade-long mining investment boom fades and top consumer China takes a slower lane to growth.
NEW YORK, Nov 5- U.S. stocks seesawed between modest gains and losses on Tuesday following two days of gains on Wall Street as investors weighed the implications of strong economic data for the path of monetary policy over the next several months.
*Michael Kors climbs after earnings. *GT Advanced jumps on deal with Apple. NEW YORK, Nov 5- U.S. stocks were little changed on Tuesday following two days of gains on Wall Street as investors weighed the implications of strong economic data on the path of monetary policy over the next several months.
*Michael Kors climbs after earnings. *GT Advanced jumps on deal with Apple. "Ideally you want very slow growth, the market really likes that and the concern is that the market gets ahead of it," said Tim Ghriskey, chief investment officer of Solaris Group in Bedford Hills, New York.
*Michael Kors climbs after earnings. *GT Advanced jumps on deal with Apple. "For the market to continue along you actually need a combination of moderate news," said Rick Meckler, president of investment firm LibertyView Capital Management in Jersey City, New Jersey.
*GT Advanced jumps on deal with Apple. NEW YORK, Nov 5- U.S. stock index futures dipped on Tuesday ahead of data on the services sector, putting the S&P 500 on track to halt a two-day winning streak. *The Institute for Supply Management will release its October non-manufacturing index at 10:00 a.m. ET.
*Inditex under more pressure in Spain. MADRID, Nov 5- The world's largest fashion retailer, Inditex, shows no sign of stalling and investors are betting that its Zara "fast fashion" model has plenty of room to expand in emerging markets by appealing to the growing ranks of brand-conscious middle classes.
NEW YORK, Nov 4- Natural gas and base metals led a gentle pull-back in generally lackluster commodity markets on Monday, dragging a key index to a 16- month low for a second day. Above-normal temperature forecasts in the majority of the United States curbed heating demand, pulling natural gas to its lowest in almost six weeks, while a shaky euro weighed on metals.
*BlackBerry shares fall after company abandons sale, replaces CEO. NEW YORK, Nov 4- U.S. stocks ended higher on Monday in light trading volume as investors were reluctant to make big bets with S&P 500 index just below the all-time closing high.
*IBM claims Twitter infringes three IBM patents. SAN FRANCISCO, Nov 4- International Business Machines Corp's patent demand against Twitter Inc as it approaches an initial public offering highlights how few patents the social media company possesses compared with the established tech players.
*BlackBerry shares fall after company abandons sale, replaces CEO. NEW YORK, Nov 4- U.S. stock indexes were little changed on Monday in below-average trading volume, while shares of Blackberry plummeted to a 10- year low after the company replaced its CEO.
*BlackBerry abandons sale plans, to replace CEO. NEW YORK, Nov 4- U.S. stock indexes were little changed on Monday, with shares of Blackberry plummeting to a 10- year low as the day's biggest loser, amid uncertainty over the longevity of the Federal Reserve's massive stimulus measures.