Diversified Financial Services Specialized Finance

  • *Poses big threat to rivals in Europe and elsewhere. *UberEats launches in Amsterdam, five other cities this week. In a measure of rising ambition beyond its taxi business, Uber will begin delivering meals in Amsterdam on Thursday just as Dutch market leader Takeaway.com, begins trading on the city's stock market.

  • Deutsche Bank AG, down 90 cents to $11.85. Pfizer Inc., down 62 cents to $33.64. Germany's Lanxess agreed to buy the specialty chemicals maker in a deal the two companies valued at $2.5 billion.

  • Deutsche Bank plunged as investors worried about the financial health of Germany's largest bank. Pfizer pulled drugmakers down after it announced it won't break up into two companies. European banks tumbled after the German magazine Focus said Deutsche Bank won't get a government bailout if it asks for one.

  • NEW YORK— Moody's has downgraded Turkey's credit rating to "junk" status, a further blow to an economy shaken by terrorist attacks, a failed military coup and a diplomatic spat with Russia. The rating agency on Friday lowered its rating on Turkey's debt one notch, stripping it of investment-grade status. Moody's indicated it expects Turkey's economic growth to be...

  • NEW YORK, Sept 23- A potential acquisition by CBOE Holdings Inc of Bats Global Markets Inc would kick-start the Chicago- based options exchange operator's sluggish growth and give it exposure to new asset classes in the United States and Europe, analysts said on Friday. The talks were first reported by Bloomberg late Thursday. Earnings growth at CBOE has slowed...

  • NEW YORK, Sept 20- IEX Group, the newest U.S. equities exchange operator, is actively courting companies to list their stocks on its exchange, according to a letter sent to potential listing clients that was obtained by Reuters. The New York- based company, which was featured in Michael Lewis's book "Flash Boys: A Wall Street Revolt," will challenge Intercontinental...

  • Sept 18- TMX Group Ltd, the owner of Canada's dominant stock exchange, said on Sunday it had not been removed from a major Canadian index run by S&P Global Inc despite what a spokesman said was an erroneous press release issued by S&P unit Capital IQ Inc that it had been removed. S&P spokesman Soogyung Jordan confirmed TMX will remain in the S&P/TSX Composite Index.

  • Sept 18- Canadian financial company TMX Group Ltd said on Sunday it had not been removed from a major Canadian index run by S&P Global Inc despite what a spokesman said was an erroneous press release by S&P unit Capital IQ Inc saying it had been removed. TMX spokesman Shane Quinn told Reuters TMX had confirmed with S&P that it had not been removed from the S&P/TSX...

  • *Economy minister says Hungary may tap bond market. BUDAPEST, Sept 16- After keeping Hungary in junk for years, rating agency Standard and Poor's lifted the country's debt rating back into investment grade on Friday in a surprise move, rewarding Prime Minister Viktor Orban for fixing state finances and boosting the economy. Returning Hungary's debt to...

  • BUDAPEST, Hungary— Rating agency Standard& Poor's says it has lifted Hungary's sovereign debt rating out of "junk status" after upgrading the country's growth projections. S&P raised Hungary's rating by one notch to BBB- from BB+ as it increased the country's average annual growth forecast through 2019 to 2.5 percent from 2 percent. S&P said key measures of...

  • Sept 16- Credit rating agency Standard and Poor's raised Hungary's rating to' BBB-/A-3' from' BB+/ B', citing improving fiscal, external, and growth expectations while maintaining its outlook on the country's debt as "stable." "Hungary's fiscal, external, and GDP outcomes have improved markedly since 2008, when Hungarian authorities applied to the European Union and...

  • LONDON, Sept 15- The benefits of dark pools, where investors can trade shares anonymously, outweigh the risks, an analysis from Britain's markets watchdog said on Thursday. However, Britain's Financial Conduct Authority said its analysis showed dark pools could provide important benefits. Trading in Europe's dark pools hit nearly 100 billion euros in June, the...

  • *Spot gold was little changed at $1,323.26 an ounce by 0103 GMT. *The Bank of England is expected to say on Thursday that it will still probably cut interest rates to a fraction above zero later this year, despite signs it overestimated the initial shock to Britain's economy from June's Brexit vote. *CME Group is launching the first-ever precious metals spread and...

  • "The comments balance hawkish views by other Fed officials and gold is moving on that," said Yuichi Ikemizu, head of commodity trading at Standard Bank in Tokyo. "It is still the same story of a $1,300- $1,400 range for gold. Traders trimmed their odds for a September rate hike to 15 percent from 24 percent on Friday, according to CME Group. "

  • "The comments balance hawkish views by other Fed officials and gold is moving on that," said Yuichi Ikemizu, head of commodity trading at Standard Bank in Tokyo. "It is still the same story of a $1,300- $1,400 range for gold. Traders trimmed their odds for a September rate hike to 15 percent from 24 percent on Friday, according to CME Group.

  • *Spot gold was up about 0.2 percent at $1,328.52 an ounce by 0056 GMT. *Traders trimmed their odds for a September rate hike to 15 percent from 24 percent on Friday, according to CME Group. *Johannesburg- listed miner Gold Fields said on Monday that an employee at the South Deep mine in South Africa was killed in an accident on Saturday following a seismic event.

  • MEXICO CITY, Sept 12- Weak growth, low oil prices and difficulties in making promised spending cuts all threaten Mexico's push for a budget surplus next year as credit rating agencies consider downgrading its debt. Standard& Poor's and Moody's put Mexico's credit outlook on negative this year, flagging concerns that weak growth could keep pushing up debt after...

  • Sept 12- Equity derivatives clearing organization Options Clearing Corp said on Monday it had extended Chief Executive and Executive Chairman Craig Donohue's term by three years. He was CEO of CME Group Inc from January 2004 until May 2012. Donohue also announced several changes to OCC's leadership structure on Monday, including Scot Warren being promoted...

  • Sept 12- Sales practices at Wells Fargo& Co that led to $190 million in regulatory fines and penalties last week have negative credit implications for the bank, rating agency Moody's Investors Service said on Monday. Last Thursday, regulators including the U.S. Office of the Comptroller of the Currency, the U.S. Consumer Financial Protection Bureau, and the Los...

  • Sept 12- Sales practices at Wells Fargo& Co that were too aggressive and led to $190 million in regulatory fines and penalties last week have negative credit implications for the bank, credit rating agency Moody's Investors Service said on Monday.