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Investing Securities

  • The governor's projections take into account cost-saving reforms through laws and executive orders he has signed this year, said Gerardo Portela, director of Puerto Rico's Fiscal Agency& Financial Advisory Authority, in an interview on Wednesday. A requirement of the federal Puerto Rico rescue law known as PROMESA, the plan will form the basis of upcoming...

  • SAN JUAN, Puerto Rico— Puerto Rico's governor submitted an austerity plan made public on Wednesday that would cut deeply into the U.S. territory's budget while avoiding some of the most painful measures recommended by a federal control board that is overseeing the island's effort to confront a debt crisis that has led to repeated defaults.

  • New York Fed President William Dudley, one of the most influential U.S. central bankers and a permanent voter of the Federal Open Markets Committee, said the case for tightening monetary policy soon had become "a lot more compelling." San Francisco Fed President John Williams said: "A rate increase is very much on the table for serious consideration" at the March...

  • NORANDA INCOME FUND MANAGEMENT HAS RESTARTED PRODUCTION AND IS PRESENTLY RAMPING UP- QUEBEC PLANT CEO.

  • NORANDA INCOME FUND LOOK FORWARD TO RESUMING NEGOTIATIONS WITH UNIONIZED WORKERS ON STRIKE- QUEBEC PLANT CEO.

  • March 1- U.S. stock index futures were higher on Wednesday as investors assessed President Donald Trump's speech, while bank stocks rose on increased possibility of an interest rate hike this month. *In his first address to a joint session of Congress late Tuesday, Trump said he wanted to boost the U.S. economy with a "massive tax relief", overhaul the Affordable Care...

  • FRANKFURT, March 1- Drugmaker Bayer has sold 1.46 billion euros of shares in its chemicals subsidiary Covestro, cutting its stake to 53.3 percent as it raises cash for its takeover of seeds maker Monsanto. The sale of 22 million shares, or 10.9 percent of Covestro's capital, at 66.50 euros each to institutional investors, puts the chemicals maker on track to enter...

  • HONG KONG/ SHANGHAI, March 1- China's move to open its derivatives market to foreign bond investors could help counter outflows but lingering concerns about capital controls are keeping offshore investors cautious. Such measures could potentially help China win inclusion on global bond indexes, but investors say market accessibility and concerns about...

  • LONDON, March 1- The gap between short-dated German and U.S. government bond yields was at its widest since 2000 on Wednesday, as U.S. French government bond yields fell, meanwhile, tightening the gap with German peers after a report that conservative presidential candidate Francois Fillon has been summoned by the magistrates investigating a case involving...

  • TOKYO, March 1- Japanese government bonds fell on Wednesday, with the yield curve steepening as superlong maturities sold off a day after the Bank of Japan tweaked its planned JGB buying operations. The central bank offered to buy 400 billion yen of JGBs maturing in three to five years, compared with 420 billion yen previously. "They reduced the purchase amount at...

  • Feb 28- U.S. stock futures were ahead late on Tuesday, indicating a higher open on Wednesday, after President Donald Trump's first address to Congress, which gave few specifics but confirmed his commitment to lowering tax and boosting infrastructure. In his speech, Trump said he wanted to boost the U.S. economy with tax relief, an overhaul of the Affordable Care Act...

  • MUMBAI/ NEW DELHI, Feb 28- Finance ministry official Ajay Tyagi takes over as Securities and Exchange Board of India Chairman on Wednesday with two likely priorities- developing the country's commodity and corporate bond markets and shoring up corporate governance. Tyagi, 58, will also inherit from outgoing SEBI Chairman U.K. Sinha critical regulatory...

  • SANTA CRUZ, Calif./ NEW YORK, Feb 28- A handful of Federal Reserve policymakers on Tuesday jolted markets into higher expectations for a March U.S. interest rate increase, with comments that suggested rate-setters are worried about waiting too long in the face of pending economic stimulus from Washington. New York Fed President William Dudley, among the most...

  • *Asia ex- Japan stocks down 0.2 pct; Nikkei up on weaker yen. *China, Japan Feb manufacturing activity beat expectations. *Oil mixed as fears of higher U.S. supply tussle with OPEC cuts.

  • SANTA CRUZ, Calif./ NEW YORK, Feb 28- A handful of Federal Reserve policymakers on Tuesday jolted markets into higher expectations for a March U.S. interest rate increase, with comments that suggested rate-setters are worried about waiting too long in the face of pending economic stimulus from Washington. New York Fed President William Dudley, among the most...

  • *Asia ex- Japan stocks down 0.3 pct; Nikkei up on weaker yen. SINGAPORE, March 1- The dollar and Treasury yields jumped on Wednesday after Federal Reserve officials jolted traders by suggesting an interest rate rise may be imminent even as markets remained on tenterhooks ahead of a looming speech by U.S. Stock markets in Asia were also pulled lower, with MSCI's...

  • Feb 28- A federal judge in New Jersey has dismissed a long-running lawsuit accusing Hartford Financial Services Group Inc's investment management unit of overcharging investors in six mutual funds, following a rare trial. District Judge Renee Bumb in Camden said investors failed to show that Hartford and its subadvisers did not do enough work to justify the...

  • March 14 Japan Auction of 20- year government bonds. March 14 Spain Auction of 3- and 9- month Treasury Bills. March 14 Netherlands DSL Auction.

  • March 14 Japan Auction of 20- year government bonds. March 14 Spain Auction of 3- and 9- month Treasury Bills. March 14 Netherlands DSL Auction.

  • SANTA CRUZ, Calif./ NEW YORK, Feb 28- A handful of Federal Reserve policymakers on Tuesday jolted markets into higher expectations for a March U.S. interest rate increase, with comments that suggested rate-setters are worried about waiting too long in the face of pending economic stimulus from Washington. New York Fed President William Dudley, among the most...