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  • Western Union tops 4Q profit forecasts Tuesday, 9 Feb 2016 | 4:17 PM ET

    ENGLEWOOD, Colo. _ Western Union Co. on Tuesday reported fourth-quarter earnings of $212.3 million. Western Union expects full-year earnings to be $1.58 to $1.70 per share. Western Union shares have decreased 5 percent since the beginning of the year, while the Standard& Poor's 500 index has fallen slightly more than 9 percent.

  • INSIGHT-Why I can't buy Minion toys with Chinese yuan Wednesday, 6 Jan 2016 | 7:50 AM ET

    *UK importers' experience jars with yuan's emergence. *IMF has admitted yuan to its benchmark currency basket. BASILDON, England, Jan 6- British businessman Tony Brown is ready to pay in Chinese yuan for the cuddly toys and other funfair stall prizes he buys from a handful of Chinese factories.

  • *Aussie, commodity-linked currencies fall on China worries. NEW YORK, Jan 4- The Japanese yen rose broadly on Monday, as traders piled into the traditional low-risk currency after disappointing Chinese factory data sparked a selloff on global stock markets. "It's your classic risk-off move and you have your safe-haven play in the yen," said Alberto Boquin, FX macro...

  • FOREX-Yen rallies on global stock market rout Monday, 4 Jan 2016 | 1:57 PM ET

    *Aussie, commodity-linked currencies fall on China worries. NEW YORK, Jan 4- The Japanese yen rose broadly on Monday, as financial market turbulence sent traders scrambling for the traditional low-risk currency after disappointing Chinese factory data sparked a selloff on global stock markets. "It's your classic risk-off move and you have your safe-haven...

  • FXCompared Managing Director Daniel Webber said that it appeared to be banks competing with each other that had driven the cost in the U.S. market down, citing falls in costs at major lenders including Wells Fargo, Bank of America and JP Morgan Chase. "In a sector still dominated by banks and Western Union, the U.S. banks have become much more competitive than their...

  • LONDON, Dec 3- Sterling shed nearly 1.7 percent against a rallying euro on Thursday after the European Central Bank's monetary easing measures fell short of market expectations, prompting speculators to trim hefty bets against the single currency. Sterling had fallen to a 7-1/ 2 month low of $1.4897 on Wednesday, hurt in part by soft data that raised question...

  • LONDON, Dec 3- Sterling shed nearly 1.5 percent against a rallying euro on Thursday after the European Central Bank's monetary easing measures fell short of market expectations, prompting speculators to trim hefty bets against the single currency. Sterling had fallen to a 7-1/ 2 month low of $1.4897 on Wednesday, hurt in part by soft data that raised question...

  • DUBLIN, Nov 6- Free chat and calling apps that keep migrant workers in contact with family members back home are transforming the money transfer business and online remittance provider WorldRemit is seeking partnerships to capitalise on this trend, its chief executive said. Ismail Ahmed, a Somalia- born entrepreneur who heads UK- based WorldRemit, said he's...

  • *Euro held up by major support around $1.08. LONDON, Nov 6- The dollar looked set to push the euro below $1.08 for the first time since April if jobs data on Friday delivers the evidence most major banks are hoping for of the U.S. economy's readiness for higher interest rates. Atlanta Fed President Dennis Lockhart, seen by many as a swing voter at the U.S. central bank, was...

  • Sterling inches up to 10-week high vs euro Tuesday, 3 Nov 2015 | 12:38 PM ET

    LONDON, Nov 3- Sterling survived a rocky session versus the dollar on Tuesday to hold near 10- week highs against a basket of currencies and gain ground against the euro, shrugging off data that showed growth in the British construction sector slowing. "Cable opened the day higher before falling through the 55- day moving average about half an hour after the data...

  • Stocks close mostly lower; transports outperform Thursday, 29 Oct 2015 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed lower, but mostly held the prior day's rally, as investors continued to consider the possibility of a December rate hike.

  • *Allergan up after confirming buyout talks with Pfizer. *GoPro, Deutsche Bank fall after results. "What is positive about the GDP number is that it showed that consumers are strong," said Janelle Nelson, portfolio analyst at RBC Wealth Management in Minneapolis.

  • US STOCKS-Wall St lower on weak GDP data, rate hike hints Thursday, 29 Oct 2015 | 10:12 AM ET

    *Allergan says in buyout talks with Pfizer; shares halted. *GoPro, Deutsche Bank sink after results. Jeffrey Saut, chief investment strategist at Raymond James Financial in Florida, said the biggest surprise in the Fed's statement was the disappearance of the reference to a slowdown in the global economy.

  • Futures hold lower after GDP, Fed Thursday, 29 Oct 2015 | 9:08 AM ET
    A trader works on the floor of the New York Stock Exchange.

    U.S. stock index futures indicated a lower open as investors weighed the possibility of a December rate hike, amid the release of GDP and earnings.

  • Oct 29- U.S. stock index futures were lower on Thursday, a day after the Federal Reserve revived expectations of an increase in interest rates in December. *The Fed's hawkish tone came as a surprise, prompting an increase in the odds of a December hike to 43 percent from the 38 percent minutes before the release of the statement, according to the CME Group's FedWatch...

  • Oct 15- Shares in First Data Corp rose 2.6 percent in their debut on Thursday, valuing the payment processor at $14.42 billion in the largest initial public offering this year. First Data, controlled by private equity firm KKR& Co LP, raised $2.56 billion by selling 160 million shares at $16 each per share, below the indicated range of $18 to $20.

  • FOREX-Dollar slides ahead of Fed minutes Thursday, 8 Oct 2015 | 11:09 AM ET

    NEW YORK, Oct 8- The dollar fell to one-week lows against the euro and yen on Thursday as investors grew cautious about the impending release of minutes of last month's U.S. "While financial market volatility has eased somewhat since the Fed's last meeting, many doubts about the health of China and emerging economies remain, which is likely to dampen the prospects...

  • FOREX-Dollar dips as Fed nerves dominate Thursday, 8 Oct 2015 | 7:54 AM ET

    LONDON, Oct 8- The dollar weakened past $1.13 per euro for the first time in a week on Thursday on nervousness over what kind of message Federal Reserve minutes due later will send on the outlook for interest rates and growth. Dealers said any further gains for the euro were likely to be capped around $1.1320, keeping it within a range it has held since the aftermath...

  • Expect this fourth quarter surprise: Strategist Monday, 5 Oct 2015 | 4:23 PM ET
    Brian Belski, chief investment strategist at BMO Capital Markets.

    Here's why there could be a "surprising" stock market rally in the fourth quarter, strategist Brian Belski said Monday.

  • LONDON, Oct 5- Sterling sank against the dollar on Monday after a monthly survey of the services sector crushed any remaining market expectations that the Bank of England is likely to raise interest rates any time soon. "This has taken the pound properly lower," said Tobias Davis, a currency hedging manager at Western Union in London. Both currencies have gained...