GO
Loading...

Thomson Reuters

More

  • *GoPro rallies as holiday outlook shines. *Abbvie shares rise after results, outlook. NEW YORK, Oct 31- The Dow industrials hit a record high on Friday as stocks rallied on Wall Street after the Bank of Japan significantly ramped up its stimulus program, just days after the Federal Reserve wound down its own package of U.S. economic incentives.

  • *GoPro rallies as holiday outlook shines. *Abbvie shares rise after results, outlook. At the same time, Japan's $1.2 trillion Government Pension Investment Fund announced new allocations for its portfolio, including raising its holdings of domestic and foreign stock holdings to 25 percent each from 12 percent.

  • TOKYO, Oct 31- Japan's Sony Corp reported a second-quarter operating loss on Friday that was narrower than analysts had estimated, as blockbuster sales of its PlayStation 4 games console reduced the impact of a sluggish smartphone division. The result- unexpected after Sony took an impairment charge of 176 billion yen on its mobile division- indicates...

  • JAKARTA, Oct 31- Indonesia's mining-to-telecoms conglomerate Bakrie Group will negotiate with creditors to restructure part of its $8 billion in debt rather than sell major assets, people familiar with its strategy say. Some creditors sued one Bakrie company in New York while a Jakarta supplier has asked an Indonesian court to supervise a debt...

  • *Visa, MasterCard both rally after results. NEW YORK, Oct 30- U.S. stocks rallied on Thursday, boosted by a strong reading on quarterly economic growth and on the back of upbeat earnings reports including Visa, which accounted for nearly 150 points in the Dow industrials. "End of year for mutual funds is most likely going to be selling losers and continue to buy winners,"...

  • *Visa, MasterCard both rally after results. NEW YORK, Oct 30- U.S. stocks mostly edged higher on Thursday, as a strong read on third-quarter economic growth raised new questions about monetary policy, while results at Visa single-handedly put the Dow in solidly higher territory. "A strong report, on the heels of a more hawkish tone from the Fed yesterday, has some...

  • US STOCKS-S&P 500 flat after GDP, but Visa lifts Dow Thursday, 30 Oct 2014 | 11:10 AM ET

    *Visa, MasterCard both rally after results. NEW YORK, Oct 30- U.S. stocks were mostly flat on Thursday, as a strong read on third-quarter economic growth raised new questions about monetary policy, but results at Visa single-handedly put the Dow in solidly higher territory. "A strong report, on the heels of a more hawkish tone from the Fed yesterday, has some investors...

  • US STOCKS-Wall St flat after GDP, but Visa lifts Dow Thursday, 30 Oct 2014 | 10:05 AM ET

    *Visa, MasterCard both rally after results. NEW YORK, Oct 30- U.S. stocks were mostly flat on Thursday, as a strong read on third-quarter economic growth raised new questions about monetary policy, though strong results at Visa single-handedly put the Dow in positive territory. "A strong report, on the heels of a more hawkish tone from the Fed yesterday, has some...

  • NEW YORK Oct 30- News and information company Thomson Reuters Corp on Thursday said more clients of its Financial& Risk business added new products than cancelled, the first time since 2008 that net sales were positive in the Americas, Asia and Europe. Net sales are an important metric for the division that serves the banking industry and one that Thomson Reuters...

  • NEW YORK, Oct 30- U.S. stock index futures pointed to a slightly lower open on Thursday despite a reading on third-quarter economic growth that was stronger than expected. Gross domestic product grew at a 3.5 percent annual rate in the third quarter, beating expectations for a pace of 3 percent, though down from the 4.6 percent rate in the second quarter.

  • Although Paris- listed, the firm has less than a quarter of its employees in France, while a majority of its shareholders are to be found outside the country. However, comments from the ex-CEO himself and sources close to the board made clear that his decision to move to Boston from Paris in June, and to consider cutting jobs in France without sharing the ideas at the...

  • Oct 30- Thomson Reuters Corp on Thursday reported a 1 percent rise in revenue because of growth in its Legal and Tax& Accounting businesses. The company said net sales for financial products were positive in the third quarter in all three regions: the Americas, Europe and Asia. Excluding items like tax charges, income was $361 million, or 45 cents per share, compared...

  • Oct 30- Thomson Reuters Corp on Thursday reported a 1 percent rise in revenue because of growth in its Legal and Tax& Accounting businesses. The news and information company said third-quarter revenue from ongoing businesses was $3.1 billion, compared with analysts' expectations of $3.09 billion, according to Thomson Reuters I/B/E/S. Adjusted for special...

  • NEW YORK, Oct 30- U.S. stock index futures were slightly lower on Thursday as investors looked ahead to a report on economic growth and continued to digest recent comments from the Federal Reserve. *An advance read on third-quarter gross domestic product will be released at 8:30 a.m. and is seen showing economic growth slowed to 3 percent from 4.6 percent in the...

  • A handful of the Nov. 4 races such as the dead heat in Illinois, possibly the most fiscally dysfunctional state, shape up as de facto referendums on reform and their results could make municipal bond investors alter their bets. "People are not so much voting for governor in some of these states but how they want the pensions addressed," said Craig Brandon, Co-Director...

  • HONG KONG, Oct 30- China financial institutions are rushing to expand their business beyond Hong Kong, aiming to broaden their investor base to Europe and the United Staets with yuan products. Asset manager GF International Investment Management told Reuters on Monday in an interview that it was looking to set up offices in New York and London next year to...

  • DIARY - Top Economic Events to Nov 12 Wednesday, 29 Oct 2014 | 8:01 PM ET

    WASHINGTON- Federal Reserve Chair Janet Yellen gives welcome remarks before the "National Summit on Diversity in the Economics Profession" conference hosted by the Federal Reserve- 1300 GMT. WASHINGTON- Exploring New Approaches to Trade, Investment and Jobs Conference. Commerce Secretary Penny Pritzker, Canadian Trade Minister Ed Fast and Mexico Economy...

  • *Orbital Sciences slumps after rocket explosion. NEW YORK, Oct 29- U.S. stocks fell on Wednesday, adding to their earlier declines after the Federal Reserve ended its monthly bond purchase program, as had been expected. The U.S. central bank ended its quantitative easing program of bond purchases, which at its peak pumped $85 billion a month into the financial...

  • *BBVA leads euro zone bank selloff after result miss. LONDON, Oct 29- Southern European shares lagged small gains in pan-European indexes on Wednesday as weak results from heavyweight bank BBVA offset optimism ahead of a Federal Reserve's policy announcement. Spanish bank BBVA fell 4.1 percent as it reported a lower-than-expected net profit for the first...

  • *Orbital Sciences halted after rocket explosion. DuPont lost 1.4 percent to $67.03 and was the largest drag on the S&P materials sector after it said there were "competitive advantages" in keeping its businesses together. Activist investor Nelson Peltz has urged DuPont to separate its various businesses in a move that has supported the company's shares.