Deals worth nearly $3.5 trillion were announced, a performance favored by low interest rates and high stock prices. NYT reports.» Read More
Citigroup was second with $32.6 billion in 348 deals and J.P. Morgan Securities was third with $30.7 billion in 265 deals. The New York State Dormitory Authority was the top issuer of debt as of the end of the third quarter, selling $5.5 billion in 31 deals, Thomson Reuters reported.
Oct 1- Weingarten Realty Investors. Monday sold $300 million of senior notes, said IFR, a Thomson Reuters service. Bank of America Merrill Lynch, J.P. Morgan and Wells Fargo were the joint bookrunning managers for the sale.
SEATTLE, Oct 1- Microsoft Corp is launching its own news operation as part of its new-look MSN website when Windows 8 launches later this month. Microsoft sold its 50 percent stake in news website MSNBC.com in July to longtime partner NBCUniversal, now majority-owned by Comcast Corp.
The fund is managed by Jupiter Asset Management Ltd.. Jupiter India Select SICAV is a long-only Indian equities fund with USD140m of assets as of end-August 2012. The highly accountable lead portfolio manager, Avinash Vazirani, benefits from significant leeway in portfolio construction, in line with Jupiter's investment culture.
Oct 1- Canada's main stock index looked set to open higher on Monday at the start of the quarter, with investors hoping for aggressive action from central banks after economic data from Asia and Europe showed further signs of slowing global growth.
COLOMBO, Oct 1- Sri Lankan stocks ended slightly weaker on profit taking on Monday after hitting a 10- month high in early trading, while the rupee firmed to a more than four-month high as banks sold dollars. The Colombo Stock Exchange's main index or All Share Price Index rose 0.95 percent in early trading to surpass the psychological barrier of 6,000 points.
By Jilian Mincer and Steven C. Johnson. NEW YORK, Sept 30- U.S. stocks have more than doubled since the financial crisis and are closing in on a five-year high, but many Main Street investors have been absent from the party- especially those with the least saved.
CHICAGO, Oct 1- Lending to small U.S. businesses rose in August for a second straight month, a report showed on Monday, a sign the economy may have been regaining its footing even before the U.S. central bank's latest round of stimulus.
*Arrium rejects bid, calling it undervalued and conditional. SYDNEY/ MELBOURNE, Oct 1- A consortium including Noble Group and POSCO urged Arrium.
*SocGen raises Trigano to buy from hold. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.
Oct 1- The following are the top stories on the New York Times business pages on Monday. *A tax break for wage earners for which the White House campaigned hard last winter now finds little support in Washington, as Congress struggles with deficits.
*Arrium rejects bid, calling it undervalued and conditional. *Arrium shares soar as much as 29 percent to one-month high. SYDNEY/ MELBOURNE, Oct 1- Australian miner and steel maker Arrium rejected a A $1.01 billion takeover offer from a consortium including Noble Group.
*Qatar Islamic Bank also in market, may issue sukuk this week. By Rachna Uppal DUBAI, Oct 1- Abu Dhabi- listed First Gulf Bank. FGB may soon be joined by another regional bank, Qatar Islamic Bank, which is expected to issue a sukuk this week, following investor meetings.
Take a look at some of Monday's midday movers:
Take a look at some of Monday’s morning movers:
Cramer makes the call on viewers' favorite stocks.
Whoever replaces Scott Thompson in the Yahoo hotseat should take a leaf from Warren Buffett when it comes to reshaping the embattled Internet giant.
UK regulators and global banks are discussing a potentially far-reaching overhaul of the calculation and regulation of interbank lending rates, amid claims that the benchmark for $350 trillion contracts worldwide may have been subject to manipulation. The FT reports
"Being the CEO of your career requires changing your mindset. We’ve been drilled over the past century with the idea that success means climbing a ladder rung by rung toward a set career destination," writes the author who says there's a new way to build your career.
One of the most prominent advertising spaces in Times Square is soon to be occupied by a Chinese brand. Xinhua, the news agency operated by the Chinese government, is leasing a giant sign, known as a spectacular, on 2 Times Square, the building that is the northern anchor of the district. The NYT reports.