In response, Goldman Sachs and J.P. Morgan cut their price targets on the operator of casual clothing chain Uniqlo. Goldman Sachs reduced its price target to 20,500 yen from 21,000, although it kept its' buy' rating. J.P. Morgan lowered its price objective to 15,000 yen from 16,400, but maintained its' neutral' rating.
WASHINGTON, Oct 11- The number of Americans filing new claims for jobless benefits slid last week to the lowest level in more than four and a half years, according to government data that may provide a boost to President Barack Obama a month before voters go to the polls.
TOKYO, Oct 12- Japan's Nikkei average is likely to rebound on Friday from its lowest close in more than two months, but concerns over the quarterly earnings season means the benchmark is still on track for a fourth straight week of losses. Mobile operator Softbank Corp will be in focus as it looks to buy roughly 70 percent of U.S. Sprint Nextel Corp.
United Airlines said Thursday that it rolled back an increase of $4 to $10 per round trip on many U.S. routes. Delta Air Lines, which had matched the price hike that United started on Tuesday night, dropped prices back earlier Thursday.
Oct 11- Dignity Health on Thursday sold $600 million of series 2012 taxable bonds in two parts, said IFR, a Thomson Reuters service.
Delta Air Lines said Thursday that it rolled back an increase of $4 to $10 per round trip on many U.S. routes. Delta had raised prices to match an increase started by United Airlines. J.P. Morgan analyst Jamie Baker says the increase is unraveling because it gained only limited support from a few other carriers _ American, Alaska and US Airways.
WASHINGTON, Oct 11- The number of Americans filing new claims for jobless benefits slid last week to the lowest level in more than four and a half years, according to government data that may provide a boost to President Barack Obama a month before voters go to the polls.
WASHINGTON, Oct 11- The number of Americans filing new claims for jobless benefits slid last week to the lowest level in more than four and a half years, according to government data that may provide a boost to President Barack Obama a month before voters go to the polls.
NEW YORK-- Executives at some of the country's largest private equity firms reportedly told each other that they wouldn't drive up prices for companies they were looking to buy, according to new court documents.
NEW YORK-- A published report says federal authorities are using taped phone conversations to build criminal cases connected to the $6 billion trading loss announced by JPMorgan Chase earlier this year. The New York Times reports investigators are focusing on four people who worked for the London team responsible for the loss.
By Catherine Bosley and Steve Slater. ZURICH/ LONDON, Oct 11- Nationally important banks will need to hold extra capital from 2016 to cushion the impact on their domestic economies if they hit trouble, but the global banking watchdog will leave it up to national regulators to say how much more.
Oct 11- Mizuho Corporate Bank Ltd. ,on Wednesday sold $2.5 billion of senior unsecured bonds in two parts in the 144 a private placement market, said IFR, a Thomson Reuters service. Mizuho, Bank of America Merrill Lynch, Goldman Sachs and J.P. Morgan were the joint active bookrunning managers for the sale.
Korn/Ferry said it had taken steps to contain the impact of the breach and was investigating the source of the attack. Reuters reported last month that Iranian hackers had repeatedly attacked Bank of America Corp, JPMorgan Chase& Co and Citigroup Inc over the past year as part of a broad cyber campaign.
LONDON-- A surprisingly big drop in weekly U.S. jobless claims helped shore up financial markets Thursday despite a downgrade of Spain's sovereign credit rating. The Labor Department reported that claims last week fell by 30,000 to 339,000, the lowest level since February 2008.
COMPANIES REPORTING: Q3 2012 JPMorgan Chase& Co. Q3 2012 Wells Fargo MAJOR MACROECONOMIC DATA/EVENTS: 0800 IT Consumer prices Sep 0900 EZ Industrial production Aug 1230 US Producer prices Sep 1355 US Mich sentiment, conditions prelims Oct 1800 US Federal budget Sep Reuters messaging rm:// francesco.canepa.thomsonreuters.com@reuters.net.
PLEASANTON, Calif.-- Heart device maker Thoratec on Thursday said it promoted Taylor C. Harris to chief financial officer. Thoratec, based in Pleasanton, Calif., makes HeartMate pumps, which are used in patients who are waiting for a heart transplant or for those who are too sick to have heart transplant surgery.
Shares in DS Smith rise as much as 6 percent to their highest in more than fifteen years after the British packaging maker says it expects to save more than previously thought from its acquisition of the recycled packaging business of Svenska Cellulosa Aktiebolaget. DS Smith reported earnings of 12.8 pence for its latest year ended April 30 2012..
*Car parts maker Tokai Rika sags after Toyota recall. *KDDI climbs after J.P. Morgan lifts price target. TOKYO, Oct 11- Japan's Nikkei share average fell to its lowest close in more than two months on Thursday on mounting fears that upcoming corporate earnings will be weak after the U.S. results season got off to a slow start.
ISTANBUL, Oct 11- Turkey's Isbank said on Thursday it had mandated Deutsche Bank, JPMorgan, Mitsubishi UFJ Securities and Standard Chartered for investor meetings about a possible bond issue in Europe, the U.S. and Asia.