Clive McDonnell, Head of Equity Strategy at Standard Chartered Bank, says the Fed's primary focus remains on the U.S. economy.» Read More
MUMBAI, March 8- Indian drugmaker Ranbaxy Laboratories Ltd, reeling under a flurry of regulatory rebukes due to poor quality, has recalled more than 64,000 bottles of the generic version of a cholesterol-lowering drug in the United States after doseage mix-up was detected.
*Kuala Lumpur- Beijing flight carrying 227 passengers and 12 crew. *Malaysia, Vietnam and China helping in search efforts.
*Malaysia, Vietnam and China helping in search efforts. The Boeing 777-200 ER flight from Kuala Lumpur to Beijing had been missing for hours when Vietnam's Tuoi Tre news quoted Admiral Ngo Van Phat as saying he had asked boats from an island off south Vietnam to rush to the crash site.
WASHINGTON, March 8- Republicans, looking for ways to turn November's congressional elections into a referendum on President Barack Obama's signature healthcare law, are trying to portray Obamacare as a danger to Medicare.
KUALA LUMPUR, March 8- A Malaysia Airlines flight carrying 227 passengers and 12 crew from Kuala Lumpur to Beijing went missing over the South China Sea on Saturday, prompting China to send ships to scour the water for possible wreckage.
*Malaysia Airlines flight loses contact between 1-2 hours after takeoff. *Kuala Lumpur- Beijing flight carrying 227 passengers and 12 crew.
March 8- Malaysia Airlines said it had lost contact with a flight carrying 227 passengers from Kuala Lumpur to Beijing on Saturday, according to a statement on the company's Facebook page.
March 7- The private equity arm of Goldman Sachs Group Inc and Vestar Capital Partners are nearing a deal to buy Hearthside Food Solutions LLC for more than $1.1 billion, people familiar with the matter said on Friday.
WASHINGTON, March 7- Top Airbus executives on Friday said they still hoped to expand the company's share of the shrinking U.S. defense market but did not see a large U.S. acquisition target in the near-term.
*Offered to let Casablanca appoint 2 independent directors. *Casablanca denies making a postponement request. Casablanca, Cliffs' fifth-largest shareholder with a 5.2 percent stake, wants Chief Executive Gary Halverson gone, and the company to spin off its "riskier" international operations from cash-generating U.S. assets.
PARIS- Federal Reserve Bank of Philadelphia President Charles Plosser participates in the Global Interdependence Center "Monetary Policy& Banks and the Rise of Global Protectionism" conference in Paris, France- 0945 GMT.
NEW YORK, March 7- Copper tumbled 4 percent to a seven-month low on Friday while silver and aluminum lost more than 1 percent each after the first bond default by top metals buyer China sparked global growth concerns.
NEW HAVEN, Conn., March 7- A federal jury on Friday found former Jefferies Group Inc trader Jesse Litvak guilty of defrauding clients on mortgage bond trades made after the financial crisis. "Today's verdict shows plainly and powerfully that Wall Street professionals are not above the law," U.S. Attorney Deirdre Daly in Connecticut said in a statement.
March 7- More than 420,000 homes and businesses remained without power in North Carolina and South Carolina on Friday evening due to a winter ice storm with high winds that brought down trees and power lines.
CHICAGO, March 7- Hog futures at the Chicago Mercantile Exchange surged 6.5 percent this week on tightening U.S. supplies as a deadly pig virus sweeps the country, traders and industry sources said on Friday.
NEW YORK, March 7- Famed oil bull Andy Hall's hedge fund rose nearly 8 percent in February in its biggest monthly gain in 2-1/ 2 years, boosted by a rally in crude oil that could help Occidental Petroleum's chances of selling its stake in the fund.
The cracks have not been found on in-service planes and therefore posed no flight risk, and the problem will not alter Boeing's plans to deliver 110 787 s this year, the Chicago- based aerospace and defense giant said. However, Boeing said the cracks could delay by a few weeks the date when airlines can take delivery of their new planes.
American Independence Corp.: Approximately 100 shares changed hands, a 98.6 decrease from its 65- day average volume. The shares rose$. 10 or. 8 percent to $12.30. Birner Dental Management Services Inc.: Approximately shares changed hands, a 99.6 decrease from its 65- day average volume.
NEW YORK-- A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:. Artisan Partners: Approximately 2,500,600 shares changed hands, a 1,174.4 percent increase over its 65- day average volume. The shares rose$. 70 or 1.1 percent to $64.75.
NEW YORK-- A look at the 10 biggest volume decliners on New York Stock Exchange at the close of trading:. American Income Fund: Approximately 700 shares changed hands, a 97.5 decrease from its 65- day average volume. The shares fell$. 02 or. 3 percent to $7.64.