Hundreds of theaters Thursday, from The Edge 8 in Greenville, Alabama, to Michael Moore's Bijou by the Bay in Traverse, Michigan, made special holiday arrangements for the Seth Rogen-James Franco comedy depicting the assassination of North Korean leader Kim Jong Un. But with President Obama among others criticizing the decision, Sony officials changed their...» Read More
NEW YORK, Sept 18- U.S. That level was last seen in May 2011. "The Fed worked so hard this week to not scare the market about rate increases, it ended up doing precisely what it tried to avoid," said Jim Vogel, interest rate strategist at FTN Financial in Memphis.
NEW YORK, Sept 18- Citigroup argued before a U.S. appeals court on Thursday it faces "a serious and imminent hazard" if it cannot process another interest payment by Argentina on $8.4 billion in bonds the country issued under local laws following its 2002 default.
TORONTO, Sept 18- United States Steel Corp's Canadian unit had sought a wide ranging set of relief measures from the Ontario government before it filed for creditor protection in Canada earlier this week, according to a source familiar with the matter.
CITIGROUP TELLS APPELLATE JUDGES IT WILL "OBEY THE ORDER OF THIS COURT" IF LOWER COURT INJUNCTION UPHELD, BUT WARNED BANK WILL SUFFER "SERIOUS DAMAGE".
Sept 18- Big institutional investors like Blackrock will likely get the bulk of roughly $22 billion worth of Alibaba Group Holdings shares being sold in an initial public offering set to price later on Thursday, people familiar with the situation said.
NEW YORK, Sept 18- The amount of outstanding U.S. municipal bonds grew slightly in the second quarter, but individual investors continued to pull back from the sector, putting overall holdings at an eight-year low, Federal Reserve data released on Thursday showed.
Sept 18- Sometimes in life you really can get more for less, but usually only when someone else is a) acting foolishly, or b) taking advantage of a client. So it appears to be with the low-volatility anomaly, a persistent and puzzling phenomenon under which lower-volatility stocks, which in theory should offer lower returns, actually outpace their higher-vol peers.
NEW YORK, Sept 18 (Reuters)- Arab Bank Plc never provided material support for the Palestinian group Hamas, a lawyer told jurors on Thursday during closing arguments at the bank's trial on civil charges under the U.S. anti-terrorism law.
*Mechanical problems seen with diminished repo facility. *Central bank unveiled longer-term' normalization' plan. NEW YORK, Sept 18- No sooner did the Federal Reserve reveal its plan for eventually tightening U.S. monetary policy than many on Wall Street flagged problems with the mechanics of the strategy, and said more adjustments would have to come.
LAWYER FOR HOLDOUTS IN ARGENTINE DEBT CASE SAYS LOWER COURT'S INJUNCTION DOES NOT DIFFERENTIATE BETWEEN BONDS BASED ON DENOMINATION OR LAW UNDER WHICH THEY WERE ISSUED.
UNITED STATES SAYS TO PUSH AHEAD WITH LABOR ENFORCEMENT CASE AGAINST GUATEMALA UNDER CAFTA-DR TRADE DEAL.
WASHINGTON, Sept 18- The United States ramped up pressure on Guatemala to better protect workers' rights on Thursday by restarting a trade case that could lead to hefty fines for the Central American nation.
NEW YORK, Sept 18- U.S. stocks were higher in afternoon trading on Thursday, with the S&P 500 hitting a record peak a day after the U.S.
CIRCUIT JUDGE SAYS DOES NOT UNDERSTAND HOW CITIGROUP CAN "SERIOUSLY ARGUE" ARGENTINE LAW BONDS ARE NOT COVERED BY LOWER COURT INJUNCTION.
OTTAWA/ LONDON, Sept 18- Canada, one of the harshest critics of Russia's involvement in Ukraine, this week quietly cancelled sanctions against Expobank and RosEnergoBank, two small Russian banks on which it imposed the measures earlier this year.
CITIGROUP LAWYER SAYS BANK' S ARGENTINA OPERATIONS FACE SERIOUS AND IMMINENT HAZARD IF PAYMENTS ON DEBT ARE NOT ALLOWED.
WASHINGTON, Sept 18- Ukrainian President Petro Poroshenko appealed for more U.S. assistance, including arms, in a warmly received appearance before the U.S. Congress on Thursday, but the latest offer of American help did not include the weaponry he is seeking.
CIRCUIT COURT OF APPEALS IN NEW YORK BEGINS HEARING ON ARGENTINA DEBT PAYMENT APPEAL BY CITIGROUP.
WASHINGTON, Sept 18- The net worth of Americans hit a record high in the second quarter as the stock market climbed, while household debt rose at its fastest pace since 2007 in a sign of growing confidence among U.S. consumers.
TORONTO, Sept 18- Shareholder activism is likely to gather momentum in the Canadian energy industry in the coming months, sparked by some poor stock performance, the success of past campaigns and growing support from large institutional investors.