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Top News & Analysis Phoenix

  • TORONTO, Oct 14- Freeport-McMoRan said on Friday it will sell onshore California oil and gas assets to Sentinel Peak Resources California for up to $742 million, part of a push by the world's biggest listed copper miner to reduce its multi-billion dollar debt. Under the transaction with private energy company Sentinel Peak, Freeport said it will receive $592...

  • FRIDAY, OCTOBER 7 WASHINGTON- Federal Reserve Vice Chair Stanley Fischer participates in conversation on the economy and federal regulation before the Institute of International Finance Annual Membership Meeting- 1430 GMT. WASHINGTON- Federal Reserve Board Governor Lael Brainard and Bank of Canada Senior Deputy Governor Carolyn Wilkins participates...

  • *Once a firm ally, Washington pushing Kabila to stand down. NAIROBI, Oct 6- Shortly after Congo President Joseph Kabila came to power in 2001, the U.S. embassy in Kinshasa sent cables to Washington exuding quiet confidence in the 29- year-old who had replaced his recently assassinated father, Laurent. Tom Perriello, the U.S. envoy to Africa's Great Lakes region, was...

  • THURSDAY, OCTOBER 6 WASHINGTON- Institute of International Finance holds discussion at it's annual meeting on "The Future Of The EU" with Valdis Dombrovskis, Vice-President of the European Commission in charge of the Euro and Social Dialogue, Financial Stability, Financial Services and Capital Markets Union- 2130 GMT. NEW YORK- European Central Bank Chief...

  • THURSDAY, OCTOBER 6 WASHINGTON- Institute of International Finance holds discussion at it's annual meeting on "The Future Of The EU" with Valdis Dombrovskis, Vice-President of the European Commission in charge of the Euro and Social Dialogue, Financial Stability, Financial Services and Capital Markets Union- 2130 GMT. NEW YORK- European Central Bank Chief...

  • WEDNESDAY, OCTOBER 5 AUCKLAND, New Zealand- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic events and monetary policy before the CFA Society, New Zealand Luncheon- 0000 GMT. MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari gives welcome and opening remarks before the " Early Childhood Development...

  • Oct 4- The private equity owners of Leslie's Poolmart Inc are exploring a sale of the world's largest retailer of swimming pool supplies that could value it at close to $2 billion, including debt, people familiar with the matter said on Tuesday. CVC Capital Partners Ltd and Leonard Green& Partners LP, the buyout firms that own Leslie's, have asked investment bank...

  • AUCKLAND, New Zealand- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic events and monetary policy before the CFA Society, New Zealand Luncheon- 2350 GMT. CHARLESTON- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook, October 2016" before the West Virginia Economic Outlook Conference- 1205...

  • AUCKLAND, New Zealand- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic events and monetary policy before the CFA Society, New Zealand Luncheon- 2350 GMT. CHARLESTON- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook, October 2016" before the West Virginia Economic Outlook Conference- 1205...

  • AUCKLAND, New Zealand- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic events and monetary policy before the CFA Society, New Zealand Luncheon- 2350 GMT. CHARLESTON- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook, October 2016" before the West Virginia Economic Outlook Conference- 1205...

  • AUCKLAND, New Zealand- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic events and monetary policy before the CFA Society, New Zealand Luncheon- 2350 GMT. CHARLESTON- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook, October 2016" before the West Virginia Economic Outlook Conference- 1205...

  • SYDNEY- Reserve Bank of Australia holds interest rate meeting- 0330 GMT. AUCKLAND, New Zealand- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic events and monetary policy before the CFA Society, New Zealand Luncheon- 2350 GMT. CHARLESTON- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook,...

  • SYDNEY- Reserve Bank of Australia holds interest rate meeting- 0330 GMT. AUCKLAND, New Zealand- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic events and monetary policy before the CFA Society, New Zealand Luncheon- 2350 GMT. CHARLESTON- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook,...

  • FRIDAY, SEPTEMBER 30 DALLAS, United States- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated Q&A session before the Stemmons Corridor Business Association 35th Annual Meeting- 1700 GMT. Treasury Secretary Lawrence Summers speak at a seminar, hosted by the Bank of Japan and the Bank of Canada, on financial and price stability-...

  • NEW YORK, Sept 29- The Federal Reserve and Bank of Japan's actions last week have given a second wind to an alternative investment strategy that relies on cheap money and low market volatility to produce outsized returns. The funds had a rough 2015 when volatility spiked because of concerns about China's economy and tumbling oil prices, prompting investors to...

  • THURSDAY, SEPTEMBER 29 WASHINGTON- Federal Reserve Chair Janet Yellen participates in a conversation before the "Banking and the Economy: A Forum for Minority Bankers" conference hosted by the Federal Reserve Bank of Kansas City- 2110 GMT. ORLANDO, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart speaks before the 2016 Future of Florida...

  • THURSDAY, SEPTEMBER 29 WASHINGTON- Federal Reserve Chair Janet Yellen participates in a conversation before the "Banking and the Economy: A Forum for Minority Bankers" conference hosted by the Federal Reserve Bank of Kansas City- 2110 GMT. ORLANDO, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart speaks before the 2016 Future of Florida...

  • FRANKFURT, Sept 28- The German government denied that it was working on a rescue of Deutsche Bank after a newspaper report about such plans fuelled fears over the future of the biggest lender in Europe's largest economy. Deutsche is fighting a fine of up to $14 billion from the U.S. Department of Justice and concerns over its stability had pushed shares to a record...

  • *Bank sells UK insurance business in $1.2 billion deal. FRANKFURT, Sept 28- The German government denied it was working on a rescue of Deutsche Bank as Germany's biggest lender boosted its balance sheet by selling its British insurance business on Wednesday. Deutsche is facing a $14 billion fine from the U.S. Department of Justice and concerns over its funding...

  • PHOENIX CEO-TAKEN OUT AN INDEMNIFICATION TO ENSURE SHAREHOLDERS ARE PROTECTED AGAINST ANY FINANCIAL DOWNSIDES OF FCA PROBE INTO ABBEY LIFE.