Top News & Analysis Philadelphia

  • TOKYO, Sept 26- Japan's Nikkei fell on Wednesday morning, snapping a seven-day winning streak as high-yielders such as automakers traded ex-dividend, while chip-related stocks were hit by weakness in their U.S. peers overnight. Analysts said that the market is focused on the outcome of a scheduled summit between Japanese Prime Minister Shinzo Abe and U.S.

  • *Energy stocks jump as oil prices hit four-year high. Sept 25- The S&P 500 fell on Tuesday as chipmakers were dented by ratings downgrades and utilities declined ahead of an expected Federal Reserve interest rate hike, offsetting a boost from the energy sector. The S&P 500 energy index added 0.57 percent as Brent oil hit a four-year high, boosted by imminent U.S....

  • Energy stocks jumped 0.89 percent, the most among the 11 major S&P sectors, as Brent oil hit a four-year high, boosted by imminent U.S. sanctions on Iranian exports, and OPEC and Russia's reluctance to raise output. That lifted the consumer discretionary index up 0.46 percent, making it the biggest boost to all three of Wall Street's main indexes.

  • LONDON- Participation by ECB chief economist Peter Praet in opening keynote dialogue at FT Investment Management Summit Rebalancing Return and Risk Amid Global Recovery in London 0810 GMT. LONDON- Guest talk by ECB chief economist Peter Praet at an event organized by InTouch Capital Markets in London 1330 GMT. LONDON- Member of the Prudential Regulation...

  • LONDON— Shares in Sky plc are up 8.8 percent after Comcast won a bidding war for the British pay TV giant in a weekend auction that pushed the value of the company to almost 30 billion pounds. The rare auction was organized by Britain's Takeover Panel after months of offers and counteroffers from Comcast and 21st Century Fox as the U.S. media companies sought a...

  •  A general view of Philadelphia City Hall from Market Street.

    The bank is opening 50 new branches in Philadelphia, Delaware and southern New Jersey over the next five years.

  • **LONDON- Participation by ECB chief economist Peter Praet in opening keynote dialogue at FT Investment Management Summit Rebalancing Return and Risk Amid Global Recovery in London 0810 GMT. **LONDON- Guest talk by ECB chief economist Peter Praet at an event organized by InTouch Capital Markets in London 1330 GMT. LONDON Bank of England's External Monetary...

  • The Dallas Morning News reported that Atmos Energy Corp. has some of the nation's oldest pipes in the country and that the company's largest division, Atmos Mid-Tex, has received five times as many state safety violations as Houston's CenterPoint, the other large gas distribution company in Texas. Atmos Energy has reported $3.3 billion in profits since 2005.

  • Over the past decade 47 dogs have died across the U.S. during grooming, or within days of showing signs of ill health after grooming, at the nation's leading pet retailer, a New Jersey news organization reports, though what the numbers mean is uncertain. PetSmart, which has more than 1,600 stores in the U.S., Canada and Puerto Rico, would not disclose the number of...

  • **LONDON- Participation by ECB chief economist Peter Praet in opening keynote dialogue at FT Investment Management Summit Rebalancing Return and Risk Amid Global Recovery in London 0810 GMT. **FRANKFURT- Opening remarks by ECB Board Member Benoit Coeure at annual meeting of ECB's Money Market Contact Group in Frankfurt 1200 GMT. **LONDON- Guest talk by ECB chief...

  • FRIDAY, SEPTEMBER 21 FRANKFURT- Bank of France Deputy Governor Sylvie Goulard and Bundesbank Board Member Joachim Wuermeling speak at a conference in Frankfurt. TOKYO- Bank of Japan releases minutes of monetary policy meeting held on July 30 and 31 2350 GMT. LONDON Bank of England's External Monetary Policy Committee member Gertjan Vlieghe gives speech at...

  • **BERLIN- German Finance Minister Olaf Scholz holds a speech on "100 years of sales tax" in Germany- 0730 GMT. FRANKFURT- Bundesbank President Jens Weidmann speaks in Freiburg, Germany- 1515 GMT. STOCKHOLM- Riksbank Deputy Governor Cecilia Skingsley will hold a breakfast presentation on the economic situation and current monetary policy- 0700 GMT.

  • **LONDON- Roundtable with Silvana Tenreyro, member of the Monetary Policy Committee, Bank of England. BERLIN- ECB President Mario Draghi gives speech at an event entitled "Making Europe's Economic Union work" organized by Jacques Delors Institute, Hertie School of Governance, Bertelsmann Stiftung in Berlin, Germany- 1330 GMT. FRANKFURT- Bundesbank President Jens...

  • TUESDAY, SEPTEMBER 18 PARIS- ECB supervisory head Daniele Nouy chairs a panel at a financial regulation conference in Paris entitled "Financial supervision and the role of National Authorities in Europe".- 0730 GMT. PARIS- ECB President Mario Draghi speaks at a conference in Paris entitled "Financial supervision and the role of National Authorities in Europe".-...

  • High imports into the East Coast have kept inventories up, offsetting any potential supply disruptions from unit shutdowns at Philadelphia Energy Solutions' refinery complex in Philadelphia and Phillips 66' s Bayway refinery in Linden, New Jersey, market sources said. Gasoline and blending components imports into the East Coast have been higher than...

  • **FRANKFURT- ECB Executive Board Member Yves Mersch gives speech on the occasion of the unveiling of the new 100 and 200 banknote at the ECB in Frankfurt, Germany.- 1200 GMT. STOCKHOLM Riksbank Governor Stefan Ingves will participate in a discussion of the lessons learned from the banking crisis of the 1990 s 1300 GMT. PARIS- ECB President Mario Draghi speaks at a...

  • PHILADELPHIA— A Chinese scientist has pleaded guilty to conspiring to steal biopharmaceutical trade secrets from GlaxoSmithKline in what prosecutors said was a scheme to set up companies in China to market them. The change of plea comes two weeks after Yu Xue, a high-ranking researcher who worked at GlaxoSmithKline's suburban Philadelphia research...

  • WASHINGTON, Sept 14- The appointment of Mary Daly as the second-ever woman to head up the San Francisco Federal Reserve makes plain that some regional central banks continue to make strides in creating a diverse leadership as criticism intensifies about the Fed's hiring policies while others fall behind. Philadelphia, Richmond and Dallas have all appointed...

  • **WASHINGTON D.C.- Federal Reserve Bank of Boston President Eric S. Rosengren speaks on Fed's inflation framework- 1400 GMT. OSLO- Norway Deputy Governor Jon Nicolaisen gives a speech at a seminar hosted by the ministry of finance about the financial crisis 10 years ago- 1030 GMT. FORT WAYNE, INDIANA, United States- Federal Reserve Bank of Chicago President Charles...

  • *China open to fresh trade talks with the United States. NEW YORK, Sept 13- Apple led a rebound in technology shares and boosted all three major U.S. stock indexes on Thursday, while trade worries eased after China welcomed new talks with the United States. The timing of a new round of trade talks remains unclear and President Donald Trump said the United States was...