SINGAPORE, Nov 27- Oil prices fell to four-year lows on Thursday as it appeared unlikely producer club OPEC would decide to cut output in support of prices at a meeting this week, and as increasing Chinese and U.S. stocks boosted available supplies. The Gulf producers within the Organization of the Petroleum Exporting Countries- Saudi Arabia, Kuwait, Qatar and the...» Read More
July 18- General Electric Co's credit card unit, Synchrony Financial, said it expects to raise up to $3.25 billion in a public offering of shares, in what is expected to be the biggest U.S. The offering of 125 million shares is expected to be priced at between $23 and $26 per share, the company said in a filing with the U.S. Securities and Exchange Commission on Friday.
UNITED NATIONS, July 18- The United States said on Friday it could not rule out Russian help to separatists in Ukraine in firing an SA-11 surface-to-air missile that likely downed a Malaysian airliner in eastern Ukraine with 298 people on board.
WASHINGTON, July 18- A U.S. appeals court dealt a blow to the victims of Allen Stanford's Ponzi scheme on Friday, ruling that they are not eligible under federal law to file claims seeking compensation for their losses. The decision by the U.S. Court of Appeals for the District of Columbia Circuit also marks a major loss for the Securities and Exchange Commission.
*GE, IBM shares drop after earnings. Investors will continue to keep a close eye on geopolitical tensions, as world leaders demanded an investigation after a Malaysian airliner was downed at the Ukraine- Russia border and Israel announced the start of a Gaza ground campaign on Thursday.
ENVOY SAYS "WE CANNOT RULE OUT TECHNICAL ASSISTANCE FROM RUSSIAN PERSONNEL IN OPERATING THE SYSTEMS".
OPERATED FROM A SEPARATIST-HELD LOCATION IN EASTERN UKRAINE ".
UNITED NATIONS, July 18- U.N Secretary-General Ban Ki- moon is alarmed at seemingly "credible, numerous reports that suggest that a sophisticated surface-to-air missile was used" to bring down a Malaysian airliner over Ukraine, a top U.N. official said on Friday.
NEW YORK, July 18- After more than a year of scaling back in commodities, Morgan Stanley is ready to expand. For example, Morgan Stanley is looking at making more loans to energy producers and sell more commodity-linked products to retail investors, the sources told Reuters. Commodities trading was big for Morgan Stanley before the financial crisis.
July 18- Google Inc is the best placed of any company to benefit from the shift to mobile, increased local advertising and wearables, analysts said after the search giant posted its 18th straight quarter of 20 percent- plus revenue growth. Google shares were up 2 percent at $593.37 in early trading on the Nasdaq.
MEXICO CITY, July 18- Mexico's Cemex, one of the world's largest cement companies, on Friday reported its first quarterly profit since the financial crisis in 2009, but its core profit missed analysts' expectations as domestic sales remained weak.
POLITICAL AFFAIRS CHIEF JEFFREY FELTMAN SAYS WILL TRAVEL TO KIEV, MOSCOW IN COMING DAYS.
INTERNATIONAL CIVIL AVIATION ORGANIZATION HAS MADE OFFER TO UKRAINE TO PUT TOGETHER INTERNATIONAL TEAM OF INVESTIGATORS- U.N.
CHIEF ALARMED AT SEEMINGLY "CREDIBLE, NUMEROUS REPORTS" THAT SUGGEST "SOPHISTICATED SURFACE-TO-AIR MISSILE WAS USED" TO BRING DOWN MALAYSIAN AIRLINER- U.N.
WASHINGTON, July 18- A gauge of future U.S. economic activity rose in June, supporting views of a stronger growth performance in the second half of the year. The Conference Board said on Friday that its Leading Economic Index increased 0.3 percent last month after an upwardly revised 0.7 percent rise in May.
UNITED NATIONS, July 18- The U.N. Security Council on Friday called for a "full, thorough and independent international investigation" into the downing of a Malaysian airliner with 298 people on board over Ukraine, urging all parties to grant investigators access to the site.
July 18- Shares of Trupanion Inc rose as much as 15 percent in their market debut, valuing the pet insurer at $304 million, as investors bet on growing demand among pet owners to insure their cats and dogs.
SECURITY COUNCIL CALLS FOR "FULL, THOROUGH AND INDEPENDENT INTERNATIONAL INVESTIGATION" INTO DOWNING OF MALAYSIAN PLANE IN UKRAINE.
The company said it expects to price the offering of 125 million shares at between $23 and $26 per share, the company said in a filing with the U.S. Securities and Exchange Commission on Friday.
WASHINGTON, July 18- President Barack Obama will make a statement about the situation in Ukraine at the White House on Friday.
OBAMA TO MAKE STATEMENT ABOUT UKRAINE AT 11:30 AM EDT- WHITE HOUSE.