China's Lenovo Group will lay off 10 percent of white-collar staff after sales of Motorola handsets fell by a third.» Read More
WHAT: Labor Department Employment Situation, September. FORECASTS Reuters IFR Previous Nonfarm payrolls +113,000 +130,000 +96,000 Private payrolls +130,000 +140,000 +103,000 Jobless rate 8.2 8.2 8.1. Average hrly earnings +0.2 +0.2 0.0.
on Thursday sold $2 billion of senior unsecured notes, said IFR, a Thomson Reuters service. Bank of America Merrill Lynch and Morgan Stanley were the joint bookrunning managers for the sale.
Thursday sold $350 million of senior unsecured notes in the 144 a private placement market, said IFR, a Thomson Reuters service. Citigroup, Jefferies and BNP Paribas were the joint bookrunning managers for the sale.
on Wednesday sold $750 million of senior unsecured notes in the 144 a private placement market, said IFR, a Thomson Reuters service. Morgan Stanley and Citigroup were the joint bookrunning managers for the sale.
PLEASONTON, Calif.-- Ross Stores Inc. on Thursday reported a sales figure that topped Wall Street expectations, and the discount store operator raised its outlook for third-quarter earnings. Earnings per share for the current quarter are now expected to be in the range of 70 cents to 71 cents, up from the previous guidance of 63 cents to 66 cents.
U.S. stocks rose at the open after labor market data came in within expectations and following encouraging comments by European Central Bank President Mario Draghi on tools to tackle the region's debt crisis. **NUVASIVE INC, $14.9, down 34 pct.
SAN FRANCISCO-- Clothing retailer Gap Inc. said Thursday that September revenue at its stores open at least a year rose 6 percent, beating Wall Street predictions and reversing a drop of 4 percent in the same month last year. Analysts polled by Thomson Reuters expected an increase of 5.3 percent.
MENOMONEE FALLS, Wis.-- Department store operator Kohl's Corp. said Thursday that revenue at stores open at least a year fell 2.7 percent in September, a bigger drop than Wall Street expected, hurt by lower demand for accessories and women's clothing. Analysts surveyed by Thomson Reuters predicted a 0.2 percent decline.
FRAMINGHAM, Mass.-- The owner of the TJ Maxx and Marshalls clothing store chains said Thursday that revenue in shops open at least a year rose 6 percent in September, beating Wall Street predictions. Analysts polled by Thomson Reuters expected an increase of 4.5 percent for TJX Cos.
U.S. stock index futures added to gains after European Central Bank President Mario Draghi said growth risks are on the downside and should be contained by effective policymaker action. Brokerages Canaccord Genuity, Robert W. Baird& Co, Mizuho Securities USA, BMO Capital Markets and ThinkEquity Llc cut their price targets on the stock.
LONDON, Oct 4- "Asset managers are emerging from their comfortable burrow to face a battery of lights." Sheila Nicoll, Director of Conduct Policy at Britain's Financial Services Authority, had perhaps been reading Kenneth Grahame before her recent speech, and her words are likely to have sent a chilly wind through the willows of the UK funds industry.
MOSCOW, Oct 4- Russian steelmaker Severstal. Severstal managed to cut the final yield from 5.90-6.00 percent set earlier, which was also down from an initial level of around 6.125 percent, IFR said.
Oct 4-* Thomson Reuters same store sales index ex-drugstore chains 3.6 percent in.
*September same-store sales view up 5.0 percent-- Thomson Reuters data. *Says preliminary total retail sales of $1.01 billion for September 2012. *Says preliminary year-to-date total retail sales of $7.33 billion increased.
Oct 4- Canada's main stock index looked set to open higher on Thursday after the European Central Bank left interest rates unchanged at its policy meeting and as upbeat U.S. economic data in the previous session helped alleviate fears of global slowdown.
September sales rose 3.9 percent _ a slowdown from the 6- percent rise in August _ as 22 retailers like Macy's and Costco reported mixed results, according to the International Council of Shopping Centers. "This should set up to be a good holiday season," said Ken Perkins, president of Retail Metrics LLC, a research firm.
Oct 4- Stein Mart Inc:. *September sales rose 3.9 percent to $102.7 million. *September same-store sales view up 3.3 percent-- Thomson Reuters data.
*Same-store sales up 2.5% in September. *September sales rose 2.7 percent to $2.36 billion. *September same store sales view up 3.3 percent-- Thomson Reuters data.
*September sales rose 1 percent to $170.9 million. *September same-store sales view down 1.8 percent-- Thomson Reuters data. *Says total sales for the year-to-date period increased 3% to $1.282 billion.
MOSCOW, Oct 4- Two Russian borrowers, state-controlled VTB and privately-owned Severstal, issued price guidance for their benchmark Eurobond issues, IFR said on Thursday. Steelmaker Severstal has revised guidance for its 10- year issue to 5.90-6.00 percent from an initial level of around 6.125 percent, IFR said.