BEIJING, March 8- It will be hard for China to avoid short-term economic pain from interest rate reforms, central bank governor Zhou Xiaochuan was quoted by state television on Saturday as saying.» Read More
BEIJING, March 8- China is helping locate a Malaysia Airlines aircraft which has gone missing on a flight from Kuala Lumpur to Beijing, Chinese state television said on one of its official microblogs.
BEIJING, March 8- China has not at present received reports of any crashed plane in Chinese waters, state television said on one of its official microblogs, after a Malaysian Airlines flight from Kuala Lumpur to Beijing was reported missing.
BEIJING, March 8- Radar contact with a Malaysian Airlines aircraft that has gone missing on a flight from Kuala Lumpur to Beijing was lost in airspace controlled by Vietnam in the early hours of Saturday morning, China's Xinhua news agency said.
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.
MALAYSIA AIRLINES SAYS IT HAS LOST CONTACT WITH A FLIGHT CARRYING 227 PASSENGERS FROM KUALA LUMPUR TO BEIJING.
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.
Using fresh data, NERA Economic Consulting concluded again that gas exports would increase real household income and gross domestic product in the United States, despite raising natural gas prices.
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 $7.64.
American Electric Power Co. rose$. 08 or. 2 percent, to $49.33. Consolidated Edison Inc. Holding Co. rose$. 15 or. 3 percent, to $55.44. Dominion Resources Inc. rose$. 47 or. 7 percent, to $68.44.
Analogic Corp.: Approximately 1,340,900 shares changed hands, a 1,639.6 percent increase over its 65- day average volume. The shares fell $15.23 or 15.8 percent to $81.33. Burcon NutraScience Corp.: Approximately 227,600 shares changed hands, a 3,052.7 percent increase over its 65- day average volume.