NEW YORK— Aeropostale Inc. on Thursday reported a fiscal second-quarter loss of $63.8 million, and its shares fell in extended trading after the company forecast a bigger-than-expected loss for the current quarter.» Read More
RUSSIAN DEPUTY FINANCE MINISTER MOISEEV SEES NO SEVERE CONSEQUENCES FOR RUSSIA'S FINANCIAL SECTOR FROM SANCTIONS SO FAR.
BANGKOK, March 21- Thailand's Constitutional Court on Friday nullified February's election that was disrupted by protesters, further delaying the formation of a new government after months of street protests aimed at bringing down Prime Minister Yingluck Shinawatra.
RUSSIAN DEPUTY FINANCE MINISTER SEES NO REASON FOR RUSSIA'S CREDIT WORTHINESS TO WORSEN, DISAGREES WITH OUTLOOK DOWNGRADES.
MOSCOW, March 21- Visa Inc and MasterCard Inc have stopped, without notification, providing services for payment transactions for clients at Russia's Bank Rossiya, the sanctions-hit bank said on Friday.
MOSCOW, March 21- Russia's MICEX stock index fell 1.7 percent on opening, a day after U.S. President Barack Obama threatened sanctions against key sectors of the Russian economy in response to its actions in Ukraine. At 0705 GMT the rouble-denominated MICEX was down 2.7 percent while the dollar-denominated RTS index had fallen 3.5 percent.
March 21- Standard& Poor's on Friday affirmed Greece's sovereign credit ratings at' B-/B' and gave them a stable outlook, saying it believed the country's economy is gradually rebalancing.
*Washington includes 20 prominent Russian business men to sanctions list. SINGAPORE, March 21- Brent crude fell towards $106 per barrel on Friday, on track for a fourth weekly loss, weighed down by a stronger dollar and seasonal slump in demand, while fresh U.S. sanctions against Russia could inject a new risk premium into the market.
MOSCOW, March 21- Russia's Bank Rossiya, put under U.S. sanctions, said on Friday it was working in a "stable regime" and was taking all the necessary legal measures to defend the bank's and its clients' rights and legal interests. "In connection with the information about U.S. sanctions being imposed on Rossiya we can report that the bank is working in a stable regime.
SYDNEY, March 21- Fitch Ratings on Friday affirmed the United States' credit ratings at "AAA" with a stable outlook, removing the distant danger that it might downgrade the world's largest economy.
RUSSIA'S BANK ROSSIYA SAYS IS WORKING IN A "STABLE REGIME", TAKES ALL NECESSARY LEGAL MEASURES TO DEFEND THE RIGHTS AND LEGAL INTERESTS OF BANK AND ITS CLIENTS.
HONG KONG, March 21- China's yuan hit a 13- month low on Friday and was set to post its biggest weekly drop after the central bank stepped up its efforts to shake out hot money from the market, although traders said there were some emerging signs it may be finding a base.
SYDNEY/ SINGAPORE, March 21- The dollar hovered near a three-week peak against a basket of major currencies on Friday, but could struggle to extend gains as investors awaited more clarity on the Federal Reserve's policy path.
SYDNEY, March 21- Fitch Ratings on Friday said it had affirmed the United States' credit ratings at "AAA" with a stable outlook, removing the country from negative watch. The action resolves the Rating Watch Negative on which the ratings were placed in October last year, the agency said.
*Li& Fung up 16.7 percent on good earnings. HONG KONG/ SHANGHAI, March 21- Hong Kong shares edged higher on Friday, helped by strong gains from Li& Fung after solid earnings, but investors remained bearish on the Chinese economy.
*But wariness lingers in China- Russia ties. The underlying message from the head of Russia's biggest oil company, Rosneft, was clear: If Europe and the United States isolate Russia, Moscow will look East for new business, energy deals, military contracts and political alliances.
WASHINGTON, March 21- The U.S. congressional investigation into General Motors Co automobile defects will bring aggressive scrutiny to a company with powerful lobbying clout and strong ties on Capitol Hill.
ANKARA, March 21- Taxi driver Ramazan Aktay is quick to shrug off the corruption scandal swirling around Turkish Prime Minister Tayyip Erdogan, at least as long as the ruling party keeps delivering free food and coal to his working class suburb of Ankara.
*Bonded copper premiums in China fall by $10 to $105- $125 Shmet. SYDNEY, March 21- London copper steadied on Friday but was set to close down for a fourth week running, not far above 3-1/ 2- year lows, as worries about China's economy clouded the outlook for demand.
NEW YORK, March 21- Some of the best fund managers you've never heard of sit in a non-descript office park in Shawnee Mission, Kansas, 1,200 miles from Wall Street. There, John Bichelmeyer heads the five-member team behind the Buffalo Emerging Opportunities Fund.