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
NEW YORK, Oct 11- U.S. stock index futures were little changed on Friday, in the wake of the biggest rally since the first trading day of the year, as talks continued in Washington to end a fiscal stalemate that has shut down the government for days.
NEW YORK, Oct 11- What should investors do if they think their portfolio is facing doomsday? Even as lawmakers consider short-term funding measures, every day that the government is partially shuttered and Congress and the president remain at an impasse is angst-inducing.
SINGAPORE/ BEIJING, Oct 11- China is set to ramp up acquisitions of overseas oil-and-gas companies to feed its soaring growth in energy demand as the country overtakes the United States as the world's top net oil importer.
Lazaridis and Fregin together control some 8 percent of BlackBerry, the filing said. Excluding Fregin's shares, Lazaridis controls 5.7 percent of BlackBerry, or about 60,000 shares more than he did at the end of 2012, according to Thomson Reuters data.
Oct 10- Click on the attached link for a table that compares U.S. retailers' reported September same-store sales with analyst estimates published by Thomson Reuters.
BlackBerry co-founder Mike Lazaridis has increased his company stake and is considering buying the entire company, according to a securities filing.
NEW YORK, Oct 10- "Government shutdown" and "debt ceiling" will top the list of phrases that investors will track in the coming weeks as they listen to corporate chief executives and try to gauge the impact of Washington gridlock on U.S. company earnings.
Such a deal could be an alternative to a preliminary, $9- a- share offer by a group led by BlackBerry's biggest shareholder, Canada's Fairfax Financial Holdings Ltd.. BlackBerry put itself up for sale in August after lackluster sales for its new devices.
NEW YORK, Oct 10- U.S. shoppers remained cautious in September, gravitating toward bargains as their confidence took a hit from political strife in Washington and slow job growth, just weeks ahead of the start of the holiday season. L Brands Inc said on Thursday sales at stores open at least a year grew 1 percent, missing Wall Street estimates of a 2 percent gain.
But stripping out these two factors, which economists viewed as temporary, Thursday's report from the Labor Department suggested the labor market continued to improve moderately.
NEW YORK, Oct 10- U.S. shoppers continued to show caution in their spending in September, gravitating toward bargains, as political strife in Washington and slow job growth hurt their confidence with the start of the holiday season just weeks away.
BOSTON, Oct 9- U.S. mutual funds that loaded up on Puerto Rico bonds, including OppenheimerFunds, are now the target of an investigation by a state securities regulator, who says investors may not have been aware of their exposure to the island's fiscal crisis.
*Costco earnings per share $1.40 vs Wall Street view $1.46. *Family Dollar profit 86 cents/ share; Street view 84 cents. *Costco shares up, Family Dollar down 2.6 pct.
*Wall St looking past Washington gridlock at more gains-poll. NEW YORK, Oct 9- U.S. stocks fell on Wednesday, with the Nasdaq composite index down 1 percent, as investors sold the year's biggest winning shares, including major tech companies. On Wednesday, Amazon.com and Facebook were the biggest drags on the Nasdaq 100. Netflix was down 4.7 percent to $288.36.
*Swiss antitrust, market regulators already probing forex. *RBS said to have handed instant messages to Britain's regulator. ZURICH, Oct 9- Swiss finance minister Eveline Widmer-Schlumpf on Wednesday retracted an assertion that she knew the foreign exchange market had been manipulated.
NEW YORK, Oct 9- U.S. stocks were little changed on Wednesday, as expectations that Janet Yellen will be tapped as the next head of the U.S. Federal Reserve were tempered by the stalemated fiscal negotiations in Washington.
NEW YORK, Oct 9- The budget and debt battles in Washington should not knock the U.S. stock market off its path for long, according to strategists who expect the benchmark S&P 500 to end the year with a 21 percent increase, a Reuters poll found.
*Alcoa rises, Yum falls after earnings. NEW YORK, Oct 9- U.S. stocks were little changed on Wednesday, as expectations that Janet Yellen will be tapped as the next chairman of the U.S. Federal Reserve were tempered by a continued stalemate in fiscal negotiations in Washington.
*Alcoa rises, Yum falls after earnings. NEW YORK, Oct 9- U.S. stocks were set for a modestly higher open on Wednesday, putting the S&P 500 on track to rebound from a big drop a day earlier, on expectations Janet Yellen will be tapped as the next chairman of the U.S.
*Alcoa rises, Yum falls after earnings. A. Bank mulls buying Men's Wearhouse for $2.3 bln. "We've waited too long for this answer and at least that is one hurdle we can say we've successfully cleared," said Art Hogan, managing director at Lazard Capital Markets in New York.