MELBOURNE, Sept 24- London copper was stuck near three year lows on Wednesday as more evidence of brighter economic prospects in the United States failed to overcome jitters over global growth and swelling supply.» Read More
BOSTON, May 6- Target Corp interim Chief Executive John Mulligan said he is not interested in becoming the company's permanent chief executive. He made the comment in an interview with Reuters on Tuesday, a day after the board the announced the immediate departure of CEO and Chairman Gregg Steinhafel following last year's devastating data breach.
May 6- Cybersecurity company FireEye Inc's quarterly revenue nearly tripled on higher demand for its software that helps businesses fight off sophisticated computer viruses.
May 6- Insurer Allstate Corp posted a 17 percent fall in quarterly profit as losses from disasters soared due to a more severe winter than usual across most of North America. The company's net income available to common shareholders fell to $587 million, or $1.30 per share, in the quarter ended March 31, from $709 million, or $1.47 per share, a year earlier.
TARGET'S MULLIGAN SAYS COMPANY WILL NOT WAIT FOR NEW CEO TO ADDRESS CHALLENGES IN CANADA, OTHER BUSINESS ISSUES.
The ruling could have broad implications for the biofuel mandate, as various groups weigh challenges to EPA's management of the program. The oil industry unsuccessfully urged the EPA to lower the federal mandate to use 16.55 billion gallons of biofuels in 2013, saying it would unduly burden refiners.
TARGET'S MULLIGAN SAYS HE BELIEVES DATA THEFT IS LIMITED TO WHAT COMPANY HAS ALREADY REPORTED.
TARGET INTERIM CEO MULLIGAN TELLS REUTERS SAYS HE IS NOT INTERESTED IN BECOMING THE COMPANY'S CEO.
*Board hires Barclays to explore strategic options. May 6- Corinthian Colleges Inc said it has breached debt covenants due to $76.5 million in charges, and said it had hired Barclays Plc to explore strategic options.
NEW YORK, May 6- U.S. stocks fell broadly on Tuesday, with AIG weighing on financial shares after disappointing earnings while as a slide in Twitter took down names in the technology and Internet space. The Dow Jones industrial average was down 128.76 points, or 0.78 percent, at 16,401.79. The Nasdaq Composite Index was down 57.30 points, or 1.38 percent, at 4,080.76.
API inventory report due 4:30 p.m. EDT. NEW YORK, May 6- U.S. crude futures settled nearly unchanged on Tuesday, paring gains toward the close as traders took profits ahead of a weekly inventory report, while Brent prices fell, pressured by resuming Libyan supply. U.S. oil rose 2 cents to settle at $99.50 a barrel, after hitting a mid-session high of $100.42.
Some of the biggest retail brokerage companies are Charles Schwab Corp., TD Ameritrade Holding, Fidelity Investments' Fidelity Brokerage Services and E* Trade Financial Corp, which can get paid $100 million a year or more for selling their orders.
*Yen gains on Ukraine tensions. NEW YORK, May 6- The dollar slid to an eight-week low against the euro on Tuesday on bullish European data and a growing belief that the dollar is showing reluctance to respond to positive U.S. economic news, while tensions in Ukraine drove demand for the safe-haven yen.
NEW YORK, May 6- Goldman Sachs Group Inc is still doing business with Steven A. Cohen and extended a loan to the billionaire after his firm, SAC Capital Advisors, pleaded guilty to insider trading. Goldman Sachs Bank USA, the parent of the bank for the ultra wealthy, filed a notice in February with the Connecticut Secretary of State that disclosed the loan.
NEW YORK, May 6- International Paper Co Chief Executive John Faraci will not attend the annual St. Petersburg International Economic Forum later this month in Russia and will send deputies instead, according to a source close to the company. The White House has encouraged U.S. business leaders not to attend, citing Russia's involvement in Ukraine.
NEW YORK, May 6- A federal appeals court in New York rejected appeals by UBS AG shareholders seeking to hold the Swiss bank liable for their losses for having concealed its exposure to risky mortgage-backed securities and helping clients evade U.S. taxes.
MIAMI, May 6- Silicon Valley need have no fear, but look out for the latest upstart to enter the tech arena: Miami.
WASHINGTON, May 6- The U.S. derivatives markets regulator is preparing a proposed rule for automated trading, a senior regulator said, after earlier asking market participants for insights on a long list of questions.
NEW YORK, May 6- The 30- year bond and other long-maturity U.S. Treasuries rose on Tuesday in thin, meandering trade ahead of potentially market-moving congressional testimony by Federal Reserve Chair Janet Yellen.
May 6- Shares of Twitter Inc slumped 15 percent to fresh lows in a flurry of trading on Tuesday after the expiration of a six-month "lock-up" period allowed early investors and insiders to offload their stock for the first time.
May 6- Warren Buffett and Charlie Munger might be the greatest investing team of all time but they are dead wrong about the merits of activist investing. "I don't think it's good for America," Munger said when asked about activist investing, the practice of building stakes in companies in order to try to pressure management to change course.