GO
Loading...

Enter multiple symbols separated by commas

Latest Business News Wires - Business Headlines

More

  • *Investors watching situations in Greece, Ukraine. NEW YORK, Feb 17- The S&P 500 ended above 2,100 at another record high on Tuesday as optimism grew that a debt deal would be reached with Greece and as bond prices sold off. In a possible sign of progress for Greece, a source told Reuters the country intends to ask for an extension of a loan agreement Wednesday.

  • The company said adjusted net income would now be $209 million, or 18 cents per share, down from its previously stated $667 million, or 58 cents, per share.

  • SOROS FUND MANAGEMENT LLC CUT STAKE IN MARKET VECTORS GOLD MINERS ETF BY 27 PCT IN Q4 2014- 13 F-HR FILING.

  • WASHINGTON, Feb 17- President Barack Obama's administration on Tuesday delayed implementing his unilateral steps to shield millions of illegal immigrants from deportation after a judge blocked the actions at the urging of 26 states accusing Obama of exceeding his powers. District Judge Andrew Hanen in Brownsville, a city along the Texas border with Mexico,...

  • TORONTO, Feb 17- Canadian proxy solicitation firm Kingsdale Shareholder Services will expand into the highly competitive U.S. market by opening a New York office next month and could bolster the move with acquisitions, its chief executive said on Tuesday. Toronto- based Kingsdale, majority-owned by MDC Partners Inc, is also looking to launch in the United...

  • NEW YORK, Feb 17- U.S. stocks ticked higher on Tuesday, pushing the S&P 500 to a record closing high above 2,100 as optimism grew that Greece would reach a deal with its creditors and as bond prices sold off.

  • The ABF Pan-Asia Bond Index fund, among the oldest and the biggest in the region with $3.14 billion in assets, has paid out about 25 percent in total returns since 2010, according to Thomson Reuters data. Assets under management by fixed income ETFs in Asia stood at $11.8 billion by end-2014, up from $8 billion in 2013, growing at a faster pace than in any other...

  • Feb 17- Oilfield services giants Schlumberger Ltd and Halliburton Co and many others in the oil and gas industry have announced plans to lay off thousands of people in the past few months as global oil prices have nearly halved since June. In January, crude prices fell to their lowest in more than five years, hurt by a global supply glut and OPEC's refusal to curtail...

  • A State Department official declined comment on Italy's request to add weapons to the Reaper drones it already flies, or Turkey's request for sales of an armed drone, but said the requests would be reviewed in light of the new policy. General Atomics, the privately held maker of the Predator drone, Northrop Grumman Corp and other weapons makers have been urging...

  • CHICAGO, Feb 17- Chicago Mercantile Exchange live cattle futures finished sharply lower on Tuesday on profit-taking following Friday's rally, traders said. February closed 1.400 cents per lb lower at 158.600 cents, and April down 2.500 cents at 150.725 cents. West Coast port slowdowns and disappointing volume of cattle sold last week, albeit at higher prices,...

  • *Greece to seek extension of loan deal-source. NEW YORK, Feb 17- U.S. Treasuries sold off as well on news Greece intends to ask for an extension of its loan agreement with the euro zone on Wednesday.

  • WASHINGTON, Feb 17- The State Department said on Tuesday it had established new policies for international sales of U.S. military and commercial drones, part of a broader review of U.S. drone rules.

  • PARIS, Feb 17- French Prime Minister Manuel Valls defied critics from left and right on Tuesday by declaring he would ram a flagship economic reform bill through parliament by decree, bypassing backbench rebels but exposing his government to a no-confidence vote. The package, which includes rules to broaden trading hours and deregulate some sectors, is aimed...

  • HAVANA, Feb 17- The United States and Cuba will hold a second round of talks in Washington nest week aimed at restoring diplomatic relations, the State Department said on Tuesday, as U.S. Democratic senators visiting Havana said there may be enough support among Republicans to lift a trade embargo on Cuba. In particular, the United States wants to reopen the U.S....

  • BUDAPEST, Feb 17- Russian President Vladimir Putin said on Tuesday pro- Moscow rebels should allow Ukranian government forces safe passage out of the encircled eastern town of Debaltseve but Kiev should not prevent its troops from giving up their weapons. Speaking at a joint news conference in Budapest with Hungarian Prime Minister Viktor Orban, Putin said...

  • Feb 17- It is more than a coincidence: the growth of finance really is holding the rest of the economy back. Even worse, according to a new paper from the Bank for International Settlements, this likely happens in part because we have too many clever bankers who would be producing more of value as aerospace designers or drug researchers. We go on to show that...

  • FOREX-Euro gains on rising hopes of Greek debt deal Tuesday, 17 Feb 2015 | 2:58 PM ET

    NEW YORK, Feb 17- The euro gained against the U.S. dollar on Tuesday on rising hopes that Greece will find common ground with its euro zone partners for support beyond its current bailout program. "The underlying message from the market is that it's wholly confident that an agreement's coming," said Richard Franulovich, a senior currency strategist at Westpac in...

  • CALGARY, Alberta, Feb 17- Canadian National Railway Co is still cleaning up spilled oil and removing damaged rail cars after a weekend derailment on its line at a remote site about 80 kilometers south of Timmins, Ontario. He did not say when the line, which runs between Montreal and Winnipeg, Manitoba, would return to service. The company said 29 of 100 cars on the train...

  • BERLIN, Feb 17- German Finance Minister Wolfgang Schaeuble told broadcaster ARD he is still waiting for binding and credible proposals from Greece's new government on how to proceed with its international bailout. Asked in a pre-released interview about a report earlier on Tuesday that Greece intends to ask for an extension of its loan agreement with the...

  • TORONTO, Feb 17- Restaurant Brands International Inc, the parent of Burger King and Canadian coffee and doughnut chain Tim Hortons, reported robust quarterly sales growth on Tuesday, crediting new menu items for driving traffic. Restaurant Brands executives credited new menu items like Burger King's A1 ultimate bacon cheeseburger and Tim Horton's dark...