GO
Loading...

Latest Business News Wires - Business Headlines

More

  • *Netflix shares up 1 pct. Nov 5- Netflix Inc adopted a poison pill defense against a hostile takeover, days after activist investor Carl Icahn disclosed a stake in the video rental company. The move is aimed at preventing an outsider who lacks Netflix board approval from accumulating a stake of 10 percent or more, the company said in a statement.

  • NEW YORK, Nov 5- Oil prices rose on Monday in very choppy trading as investors remained cautious ahead of the U.S. presidential election and with the recovery from Hurricane Sandy under way in the affected East Coast region.

  • NEW YORK, Nov 5- The euro fell to a near two-month low against the U.S. dollar on Monday on uncertainty over a Greek vote on reforms needed to secure international aid and as investors awaited the U.S. elections on Tuesday.

  • Nov 5- TE Connectivity Ltd reported a higher-than-expected quarterly profit, but the maker of electronic connectors used in cars and consumer devices gave a forecast below Wall Street estimates, saying the economy was weaker than expected.

  • *Argentina will appeal, case could reach U.S. Supreme Court. BUENOS AIRES, Nov 5- Argentina could face a credit crisis a decade after its $100 billion default due to a U.S. court ruling that says the country must pay creditors, who still hold defaulted bonds, every time it services its restructured debt.

  • *Greece, U.S. elections underpin demand for safety. LONDON, Nov 5- Two-year German bond yields fell below zero on Monday as low-risk assets rallied before an uncertain U.S. presidential election and another make-or-break parliamentary vote in Greece.

  • MEXICO CITY, Nov 5- The world's leading economies will give themselves more wiggle room to meet their own targets for cutting budget deficits rather than risk aggravating a slowdown in many countries, chief among them the United States. It now looks out of reach for many economies, including the United States, as growth has slowed.

  • LOS ANGELES, Nov 5- Taking a daily multivitamin does not reduce the risk of cardiovascular disease for older men, according to a study presented on Monday. About half of U.S. adults take at least one daily dietary supplement, the most popular being a multivitamin, according to the U.S. Centers for Disease Control and Prevention.

  • Nov 5- Stifel Financial Corp said on Monday it would buy smaller rival KBW Inc in a cash-and-stock deal valued at about $575 million, creating a middle-market investment bank focused on the financial services industry.

  • MEXICO CITY, Nov 5- Leading economies in the Group of 20 will make sure they do not tighten budgets so quickly as to hurt growth, according to a draft communique drawn up for top G20 finance officials meeting on Monday.

  • Nov 5- Morgan Stanley's co-president of institutional securities, Paul Taubman, will retire at the end of the year, the bank said on Monday, ceding full control of the powerful investment banking and trading operation to his co-president and rival, Colm Kelleher.

  • LONDON, Nov 5- A U.S. fine for anti-money laundering rule breaches could cost HSBC significantly more than $1.5 billion and is likely to lead to criminal charges, Europe's biggest bank said on Monday.

  • RIO DE JANEIRO, Nov 5- NYSE Euronext and Americas Trading Group joined forces on Monday to create a liquidity pool for Brazilian stocks in the over-the-counter markets.

  • *U.S., Brazil eye more collaboration on ethanol. SAO PAULO, Nov 5- Brazil's Copersucar SA is taking control of United States- based Eco-Energy to become the world's largest ethanol trader with a 12 percent share of the global market in the biofuel, the company said on Monday.

  • Worries over HSBC and Greece knock European shares Monday, 5 Nov 2012 | 4:35 PM ET

    LONDON, Nov 5- European shares fell on Monday, as mounting provisions at HSBC hit banks while political uncertainty in Greece also impacted sentiment, with investors avoiding taking large, new positions before the U.S. election.

  • FACTBOX-Some 1.4 mln still without power due Sandy Monday, 5 Nov 2012 | 4:34 PM ET

    NEW YORK, Nov 5- Nearly 1.4 million homes and businesses in the U.S. Northeast were still without power on Monday morning, one week after Hurricane Sandy hit, the U.S. Department of Energy's Office of Electricity Delivery& Energy Reliability said in a report.

  • *Apple mini sales look set to exceed analysts' views. SAN FRANCISCO/ NEW YORK, Nov 5- Apple Inc sold 3 million of its new iPads in the first three days the tablet computers were available, driving optimism for a strong holiday quarter despite intensifying competition.

  • *Netflix shares up 1 pct. Nov 5- Netflix Inc adopted a poison pill defense against a hostile takeover, days after activist investor Carl Icahn disclosed a stake in the video rental company. The move is aimed at preventing an outsider who lacks Netflix board approval from accumulating a stake of 10 percent or more, the company said in a statement.

  • At 10:05 a.m. CST, Chicago Board of Trade December wheat futures were up 6-1/ 2 cents at $8.71 a bushel. CBOT January soybeans were 11-1/ 2 cents lower at $15.15- 1/ 4 a bushel. CBOT December corn was up 3/ 4 cent at $7.40- 1/ 4 a bushel.

  • NEW YORK, Nov 5- New York State Attorney General Eric Schneiderman on Monday launched an investigation into post-Sandy price gouging after receiving hundreds of complaints from consumers across the state.