That was the clear message from most lawmakers interviewed on Friday as well as from close observers of Congress, after the deal passed through the U.S. House of Representatives on Thursday on its way to the Senate. The deal was a "one-off," said Norm Ornstein, a scholar of Congress at the conservative American Enterprise Institute.» Read More
*Molycorp climbs after SEC investigation. *Accenture tumbles after earnings, outlook. NEW YORK, June 28- U.S. stocks opened lower on Friday, as weakness in technology shares outweighed gains in other shares spurred by relief a premature pullback of central bank stimulus measures was unlikely.
*Gold falls to low of $1,180.71 an ounce. LONDON, June 28- Gold fell below $1,200 an ounce to its lowest since August 2010 on Friday, on track to post its worst quarter on record, as fears persisted that the U.S.
NEW YORK, June 28- U.S. consumer sentiment improved in late June, ending the month close to a near six-year high set in May, as optimism among higher-income families rose to its strongest level in six years, a survey released on Friday showed.
The Paris- based carmaker and founding Peugeot family have repeatedly declined to comment on a Reuters report that the founding shareholder is ready to hand over control in return for a new cash injection from GM. "A dilution of the family would not be good news," a spokesman for Peugeot's moderate CFTC union said.
BERLIN, June 28- A year ago, Angela Merkel emerged bruised and battered from a European Union summit after the leaders of France, Italy and Spain ganged up on her, forcing German policy concessions on aid to struggling banks. With an eye on a looming election in September, the German chancellor returned to Brussels this week and reasserted her authority in Europe.
TORONTO, June 28- BlackBerry offered few signs of a long-promised turnaround on Friday, with an unexpected quarterly operating loss, a dearth of details on sales of its make-or-break new line of devices and no return to profit expected in the current quarter.
NEW YORK, June 28- U.S. stocks opened modestly lower on Friday as weakness in technology shares outweighed gains in other shares spurred by relief a premature pullback of central bank stimulus measures was unlikely. The Dow Jones industrial average was down 68.04 points, or 0.45 percent, at 14,956.45.
After Zambia saw unprecedented demand for its debut $750 million Eurobond last September, some predicted that a rush of African issuers would tap international debt markets in 2013..
June 28- Monsanto Co's unapproved, experimental genetically engineered wheat, which is feared to have potentially contaminated U.S. wheat supplies after it was found growing in an Oregon field this spring, was kept in a U.S. government storage facility until at least late 2011, according to documents obtained by Reuters.
*Payrolls figures key for start of next quarter. NEW YORK, June 28- Prices for U.S. Markets remain choppy going into the payrolls report next Friday, "said Justin Lederer, strategist at Cantor Fitzgerald in New York."
*Molycorp climbs after SEC investigation. *Accenture tumbles after earnings, outlook. Accenture PLC tumbled 8.9 percent to $73.10 in premarket trading after the outsourcing and consulting services provider cut its full-year outlook and reported third-quarter revenue below analysts' estimates.
MADRID/ BUENOS AIRES, June 28- Argentina's $5 billion informal compensation offer for seizing Repsol's stake in energy firm YPF sets a floor for talks but the cash-strapped country may struggle to come up with a better offer.
*Gold extends fall, hits 3- year lows below $1,200 per ounce. Better economic data from Japan and efforts by China's central bank to ease credit concerns added to the positive tone, lifting MSCI's world equity index 0.5 percent and putting it on course to snap five weeks of losses.
*EMA backs Celltrion's Remsima and Hospira's Inflectra. The European Medicines Agency said on Friday that its experts had backed approval of Remsima, made by South Korea's Celltrion, and Hospira's Inflectra, both of which are so-called biosimilar versions of Johnson& Johnson and Merck& Co's injectable drug.
*Gold down 23 pct in Q2 on fears over US stimulus wind-down. *Copper eyes biggest quarterly loss in nearly 2 years. LONDON/ SINGAPORE, June 28- Gold sank to its lowest in almost three years on Friday and was on track for its worst quarterly performance on record as prospects for the United States to wind down stimulus punctured confidence in the metal.
NEW YORK, June 28- U.S. stock index futures pared their gains on Friday, with major indexes turning negative. Futures had previously been higher, putting the S&P 500 on track for a fourth straight day of gains, as concerns eased over a premature pullback of central bank stimulus measures and following upbeat economic data from Japan.
NEW YORK, June 28- As it considers scaling back asset purchases, the Federal Reserve must consider the overall economic improvements since it launched the stimulus and not give undue weight to the most recent economic data, a top Fed official said on Friday.
BlackBerry, struggling to compete against Apple Inc's iPhone, Samsung's Galaxy smartphones and other devices powered by Google's Android operating system, reported a net loss of $84 million, or 16 cents a share, in the first quarter ended June 1.
BRUSSELS, June 28- French President Francois Hollande said on Friday that it was up to PSA Peugeot Citroen shareholders and executives to set out plans for the company's future, and only then could the state offer its view. "First, it's up to the shareholders and Peugeot's managers to comment," Hollande told journalists after an EU summit in Brussels. "
LONDON, June 28- Britain's slow economic recovery is picking up a bit more speed, data showed on Friday, just in time for the arrival next week of the country's next central bank chief Mark Carney. Some economists said overall growth in the second quarter could turn out to be better than the 0.5 percent predicted by the Bank of England.