×

Wires

  • *Citi business's EBITDA $46 mln, revenue $107 mln in 2016. *LSE sees $30 mln in revenue synergy benefits in first 3 years. May 30- London Stock Exchange is to buy Citigroup's Yield Book fixed-income analytics service and its related indexing business for $685 million in cash, the LSE's first big deal since its merger with Deutsche Boerse fell through in March.

  • While stocks are trading at record levels, helped by strong first-quarter corporate earnings, investors are keeping a close eye on data as well as political developments in Washington. The U.S. Conference Board is likely to report that its consumer confidence index was little changed in May. "We are expecting confidence to slip as the political turmoil in...

  • *Deal a boost for information services and FTSE Russell indexes Citi business's EBITDA $46 mln, revenue $107 mln in 2016. *LSE sees $30 mln in revenue synergy benefits in first 3 years. May 30- London Stock Exchange is to buy Citigroup's Yield Book fixed-income analytics service and its related indexing business for $685 million in cash, the LSE's first big deal...

  • CARACAS, Venezuela— Venezuela opposition leaders are decrying Goldman Sachs Group Inc.' s purchase of bonds from the government of President Nicolas Maduro. The Wall Street Journal reported Sunday that the bank has bought $2.8 billion in bonds from the state-run oil company PDVSA at a steeply discounted price. Julio Borges said the Goldman Sachs purchase...

  • CHICAGO— Grain futures were lower Tuesday in early trading on the Chicago Board of Trade. Wheat for July delivery was 3 cents lower at $4.3520 a bushel; July corn was down 2.60 cents at $3.7140 a bushel; July oats was down. 20 cent at $2.44 a bushel while July soybeans lost 1 cent to $9.2540 a bushel. June live cattle was. 23 cent lower at $1.2248 a pound; August feeder...

  • U.S. crude futures fell 1.4 percent to $49.14 a barrel in New York Tuesday. Devon Energy lost 2.4 percent and Kinder Morgan fell 1.7 percent. Payment processor CardConnect jumped 10 percent after it agreed to be bought by First Data for about $468 million.

  • Its stock topped $1,000 for the first time. And its four-digit stock price places it in rare company: Only four other U.S.-listed companies have shares that trade above $1,000. Amazon.com Inc. has come a long way since its start in 1995, when it mostly sold books.

  • TORONTO/ ALBERTA, May 30,- Shares in Kinder Morgan Canadian debuted at C $16.06 on Tuesday on the Toronto Stock Exchange after raising C $1.75 billion in an initial public offering at C $17.00 each last week. Kinder Morgan spun off its Canadian unit to part-finance the expansion of Trans Mountain pipeline, but political opposition to the project is set to mount...

  • TORONTO, May 30- Canada's main stock index see-sawed in early trade on Tuesday, helped by a rise in shares of Canadian National Railway Co after it avoided a workers' strike and gains for gold miners, while energy stocks weighed.

  • May 30- Gilead Sciences Inc said on Tuesday a combination of its experimental HIV drug with existing therapies met the main goal in four late-stage studies. Gilead, which already has approved treatments for HIV, is pinning its hope on the combination to better compete with Britain's GlaxoSmithKline Plc, which is working on two-drug treatment regimen for...

  • NEW YORK— Shares of Amazon.com hit $1,000, pushing the value of the online goliath to more than double that of Wal-Mart.

  • May 30- U.S. stocks opened slightly lower on Tuesday after a three-day holiday weekend as oil prices fell and investors assessed a barrage of economic data for clues regarding the health of the economy. The Dow Jones Industrial Average fell 36.26 points, or 0.17 percent, to 21,044.02. The S&P 500 lost 4.65 points, or 0.19 percent, to 2,411.17.

  • SHARES IN KINDER MORGAN INC' S CANADA UNIT OPENS AT C $16.06 VS IPO PRICE OF C $17.00 AFTER $1.3 BLN IPO.

  • *Qatar's Ezdan continues slide on delisting decision. *FTSE stocks drop before index rejig. DUBAI, May 30- Most Gulf stock markets rose on Tuesday, with petrochemical shares pushing Saudi Arabia up, although Qatar dropped partly because of a fresh tumble by property firm Ezdan Holding.

  • *Canadian dollar at C $1.3490, or 74.13 U.S. cents. Prices of oil, one of Canada's major exports, were pressured may not be enough to drain a global glut that has depressed the market for almost three years. Canada's current account deficit widened more than expected in the first quarter of the year on an increase in imports of both good and services, data from...

  • *EPS C $1.62 vs C $1.46. Scotiabank, which has the biggest foreign presence of any Canadian bank, is focusing its international strategy on the Pacific Alliance, a Latin American trade bloc comprising Mexico, Peru, Chile and Colombia. Scotiabank, the last of Canada's biggest lenders to report second-quarter results, said earnings per share, excluding one-off...

  • May 30- Folgers coffee maker J. M. Smucker Co said it would buy packaged food maker Conagra Brands Inc's edible oil brand, the Wesson, for about $285 million. J. M. Smucker expects the deal to add about 10 cents per share to its adjusted earnings in the first full-year after close. Smucker's oils manufacturing facility in Cincinnati, Ohio, the company said on Tuesday.

  • TORONTO, May 30- Alberta's provincial government said on Tuesday that it remained "steadfastly committed" to seeing the Trans Mountain crude oil pipeline through to completion. British Columbia's minority Green Party on Monday struck a deal with the left-leaning New Democrats to govern Canada's western-most province, casting doubt on the future of the...

  • HARRISBURG, Pa.— The owner of Three Mile Island, site of the United States' worst commercial nuclear power accident, said Monday that it will shut down the plant in 2019 without a financial rescue from Pennsylvania. Exelon Corp.' s announcement comes after what it called more than five years of losses on the single-unit power plant and its recent failure in an...

  • BUDAPEST, May 30- Warsaw led a retreat in central European shares as investors, underwhelmed by dividend payments and takeover offers announced by some companies on Tuesday, booked profits from the multi-year highs of recent weeks. Bucharest retained its momentum and again set a new nine-year high on Tuesday, but Warsaw had shed 1.2 percent and Prague 0.6...