Live Financial And Business News By SaneBull
Stocks
(most talked about stocks of the last 24 hours)
NCC
- COP
- JPM
- IBM
- BBY
- F
- MS
- TRP.TO
- GM
- BNS.TO
- BLK
- M
- HIG
- GS
- LAZ
- AIG
- BAC
- TD.TO
- C
- XOM
- HPQ
Top Stories
(most popular stories in the last 24 hours)
2008/11/18 - 04:55PM EST
WASHINGTON (Reuters) - Senate Democrats on Tuesday yielded to the wishes of President-elect Barack Obama and allowed Joe Lieberman to keep his committee chairmanship despite having backed Republican John McCain for the White House, Sen. Tom Harkin of Iowa said.
2008/11/18 - 04:50PM EST
GM F
NEW YORK (Reuters) - U.S. auto executives were set to take their case for a $25 billion industry bailout to the U.S. Congress on Tuesday as they hope to overcome political opposition from influential congressional Republicans and the White House.
2008/11/18 - 04:50PM EST
F GM
WASHINGTON (Reuters) - The White House on Tuesday said it opposed Congress "raiding" the $700 billion Troubled Asset Relief Program to bail out U.S. automakers.
2008/11/18 - 04:36PM EST
SAN FRANCISCO (Reuters) - Shares of Yahoo Inc soared nearly 15 percent on Tuesday on hopes that the departure of Jerry Yang, its embattled chief executive, would clear the way for a deal with Microsoft Corp.
2008/11/18 - 04:26PM EST
WASHINGTON (Reuters) - The U.S. Treasury Secretary and members of Congress locked horns on Tuesday over a $700 billion financial bailout fund, with lawmakers demanding money to stem foreclosures and Henry Paulson arguing it was meant for investing in financial companies.
2008/11/18 - 04:16PM EST
WASHINGTON (Reuters) - Treasury Secretary Henry Paulson on Tuesday said the unpredictable nature of the current financial crisis meant it was necessary to ensure that financial bailout money was not diverted to other uses.
2008/11/18 - 04:16PM EST
WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Tuesday that credit markets, while stabilizing, remain under serious strain and government capital injections into banks are needed to help restore normal lending.
2008/11/18 - 04:16PM EST
WASHINGTON (Reuters) - Below is the text of Federal Reserve Chairman Ben Bernanke's testimony to the House Financial Services Committee on the financial bailout package.
2008/11/18 - 04:16PM EST
WASHINGTON (Reuters) - A top U.S. bank regulator said on Tuesday it is "essential" for the Treasury Department to use its authority under the $700 billion financial bailout law to provide loan guarantees and credit enhancements to stem the flood of home foreclosures.
2008/11/18 - 04:16PM EST
WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke, U.S. Treasury Secretary Henry Paulson and Federal Deposit Insurance Corp Chairman Sheila Bair testified on Tuesday to the House Financial Services Committee on the Troubled Asset Relief Program:
All Stories
(news stories from the last 24 hours)
Market News
2008/11/18 - 04:59PM EST
JPM
(Corrects brokerage name in headline) (Recasts, adds analyst comments)
2008/11/18 - 04:59PM EST
ETR
NEW YORK, Nov 18 (Reuters) - Entergy Corp reduced the1,266-megawatt Grand Gulf nuclear power station in Mississippi on Nov. 17due to a fire in a protected area, the company told the U.S. NuclearRegulatory Commission in a report.
2008/11/18 - 04:59PM EST
F
* Ford up less than 1 pct, Mazda up 6 pct (Recasts first paragraph, adds Ford details)
2008/11/18 - 04:58PM EST
LLY
(Corrects paragraphs two and five to clearly describecomparison drugs and to show that ViroPharma's oral vancomycinis used for a different purpose and is not a rival to theTarganta drug)
2008/11/18 - 04:56PM EST
* U.S. capital inflows surge to near 3-year highs (Adds comment, updates prices)
2008/11/18 - 04:56PM EST
XOM
NEW YORK, Nov 18 (Reuters) - Oil major Exxon Mobil Corp is in the process of restarting a flexicoker unit atits 567,000 barrel-per-day Baytown, Texas, refinery afterplanned maintenance work delayed by Hurricane Ike.
2008/11/18 - 04:56PM EST
GM
BERLIN, Nov 18 (Reuters) - Germany says its offer to helpOpel is a one-off and that no blanket aid for carmakersis needed, but politicians may have to reverse course, as theydid for the banking sector, if an auto industry slump worsens.
2008/11/18 - 04:56PM EST
BUD
LONDON, Nov 18 (Reuters) - Banks funded on Tuesday the $55billion financing for InBev's acquisition ofAnheuser-Busch , banking sources said.
2008/11/18 - 04:55PM EST
HOT JPM
NEW YORK, Nov 18 (Reuters) - Two of the largest loans inrecent commercial mortgage-backed securities, including onefinancing two Westin hotels, are close to default, according toCredit Suisse analysts.
2008/11/18 - 04:54PM EST
FCX
NEW YORK, Nov 18 (Reuters) - Freeport-McMoRan Copper & GoldInc said on Tuesday it is cutting more than 600 jobs atits U.S. mining operations to lower costs at a time when copperand other metal prices have plummeted.
Business News
2008/11/18 - 04:50PM EST
GM F
NEW YORK (Reuters) - U.S. auto executives were set to take their case for a $25 billion industry bailout to the U.S. Congress on Tuesday as they hope to overcome political opposition from influential congressional Republicans and the White House.
2008/11/18 - 04:50PM EST
F GM
WASHINGTON (Reuters) - The White House on Tuesday said it opposed Congress "raiding" the $700 billion Troubled Asset Relief Program to bail out U.S. automakers.
2008/11/18 - 04:36PM EST
SAN FRANCISCO (Reuters) - Shares of Yahoo Inc soared nearly 15 percent on Tuesday on hopes that the departure of Jerry Yang, its embattled chief executive, would clear the way for a deal with Microsoft Corp.
2008/11/18 - 04:33PM EST
SAN FRANCISCO (Reuters) - Shares of Yahoo Inc soared nearly 15 percent on Tuesday on hopes that the departure of Jerry Yang, its embattled chief executive, would clear the way for a deal with Microsoft Corp .
2008/11/18 - 04:26PM EST
WASHINGTON (Reuters) - The U.S. Treasury Secretary and members of Congress locked horns on Tuesday over a $700 billion financial bailout fund, with lawmakers demanding money to stem foreclosures and Henry Paulson arguing it was meant for investing in financial companies.
2008/11/18 - 04:21PM EST
BBY IBM HPQ
NEW YORK (Reuters) - Hewlett-Packard Co posted stronger-than-expected results and forecast full-year profit above Wall Street estimates, underscoring its resilience to an economic crisis that has dragged down other tech companies.
2008/11/18 - 04:16PM EST
WASHINGTON (Reuters) - Treasury Secretary Henry Paulson on Tuesday said the unpredictable nature of the current financial crisis meant it was necessary to ensure that financial bailout money was not diverted to other uses.
2008/11/18 - 04:16PM EST
WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Tuesday that credit markets, while stabilizing, remain under serious strain and government capital injections into banks are needed to help restore normal lending.
2008/11/18 - 04:16PM EST
WASHINGTON (Reuters) - Below is the text of Federal Reserve Chairman Ben Bernanke's testimony to the House Financial Services Committee on the financial bailout package.
2008/11/18 - 04:16PM EST
WASHINGTON (Reuters) - A top U.S. bank regulator said on Tuesday it is "essential" for the Treasury Department to use its authority under the $700 billion financial bailout law to provide loan guarantees and credit enhancements to stem the flood of home foreclosures.
Economic News
2008/11/18 - 04:38PM EST
(Repeats to additional subscribers with no change to headlinesor text) (Adds details, background)
2008/11/18 - 04:01PM EST
IZHEVSK, Russia, Nov 18 (Reuters) - Russian President DmitryMedvedev said on Tuesday that the global financial crisis hasspread to the real economy, and that the many sectors that needstate aid will get it.
2008/11/18 - 03:05PM EST
WASHINGTON, Nov 18 (Reuters) - Existing U.S. single-familyhomes prices in metro areas fell 9.0 percent in the thirdquarter compared with the same period last year, the NationalAssociation of Realtors said on Tuesday.
2008/11/18 - 03:00PM EST
LONDON, Nov 18 (Reuters) - Investor confidence fell to itslowest level on record for the second month in a row in Novemberas a flight from riskier assets continued to grip financialmarkets, State Street said on Tuesday.
2008/11/18 - 02:21PM EST
NEW YORK - Federal Reserve Bank of New York PresidentTimothy Geithner gives opening remarks before the"Inflation-Indexed Securities and Inflation Risk Management"conference co-sponsored by the Federal Reserve Bank of New Yorkand Harvard University. Details TBA. Federal Reserve Bank ofNew York, 33 Liberty Street, 12th Floor Conference Center.Contact: Tobias Adrian, tobias.adrian@ny.frb.org or FrankKeane, frank.keane@ny.frb.org. Information:http://www.newyorkfed.org/research/conference/20
2008/11/18 - 02:14PM EST
(Adds foreign purchases of securities, foreign holders ofTreasuries)
2008/11/18 - 02:05PM EST
WASHINGTON, Nov 18 (Reuters) - U.S. producer prices fell arecord 2.8 percent in October as energy prices slid, governmentdata on Tuesday showed, but a measure of core inflation at thefarm and factory gate rose more than forecast.
2008/11/18 - 02:05PM EST
CHICAGO, Nov 18 (Reuters) - Market expectations for FederalReserve rate policy were barely shaken as core producer pricesfor October rose more than expected while headline pricesposted a record monthly decline.
2008/11/18 - 02:03PM EST
WASHINGTON, Nov 18 (Reuters) - Treasury Departmentinternational capital (TIC) data release, in billions ofdollars except where noted. Figures are not seasonallyadjusted.
2008/11/18 - 01:55PM EST
NEW YORK, Nov 18 (Reuters) - Redbook Research on Tuesdayreleased the following seasonally adjusted weekly data on U.S.chain store sales:Year-over-year: Week (w/e 11/15/08 vs year ago) -0.9 pctYear-over-year:Month (November 2008 vs November 2007) -0.9 pctMonth-over-month: (November 2008 vs October 2008) -1.1 pct
Banking News
2008/11/18 - 01:07PM EST
HONG KONG (Reuters) - HSBC will lay off 500staff in Asia, 90 percent of which will be in Hong Kong, due todeteriorating economic conditions and its cautious outlook for2009, spokesman Gareth Hewett said on Tuesday.
2008/11/18 - 01:07PM EST
MER BAC
HONG KONG/SHANGHAI (Reuters) - Shares in China ConstructionBank tumbled nearly 6 percent on Tuesdayas investors feared Bank of America was preparing tosell some of its stake in the lender to shore up its books ascredit losses mount in the United States.
2008/11/18 - 01:02PM EST
LONDON (Reuters) - ICAP , the world's biggestinterdealer broker, expects to make 33 million pounds ($50million) additional profit in the second half as a result ofsterling weakness, it said on Tuesday.
2008/11/18 - 01:02PM EST
C
SINGAPORE (Reuters) - Citigroup may cut less than 300jobs in Singapore, a sign Asia could see much smaller cuts thanother regions as part of the U.S. bank's global restructuringplan, sources told Reuters on Tuesday.
2008/11/18 - 01:02PM EST
LONDON (Reuters) - Ron Sandler, chairman of nationalisedBritish bank Northern Rock, said the lender has not beensubject to government influence since passing into publicownership.
2008/11/18 - 01:02PM EST
AEG W HIG C
AMSTERDAM (Reuters) - Dutch insurer Aegon NV said it may buy a small U.S. thrift company toqualify for potentially more than $1 billion in U.S. governmentsupport, sending its shares down more than 8 percent.
2008/11/18 - 01:02PM EST
VIENNA (Reuters) - The former chief executive of Austrianbank Hypo Group Alpe Adria, Wolfgang Kulterer, pleaded guiltyon Tuesday to false accounting in a court in the southern cityof Klagenfurt, and was ordered to pay a fine.
2008/11/18 - 01:01PM EST
ZURICH (Reuters) - Swiss insurer Baloise sentshares rallying as it said third-quarter business volume rose5.8 percent in Swiss francs, forecast a positive result in thesecond half and stuck to its full-year dividend target.
2008/11/18 - 01:01PM EST
PARIS/LONDON (Reuters) - Shares in French bank BNP Paribas were down 9.8 percent on Tuesday as traders citedrenewed market talk of a capital increase by the bank.
2008/11/18 - 01:01PM EST
GS
* Barclays shares fall 6 pct, dilution of deal unchanged
After The Bell
2008/10/29 - 09:04PM EST
NEW YORK, Oct 29 (Reuters) - Staples Inc stock
2008/10/29 - 08:51PM EST
slid 10.6 percent to $37.50 in after-hours trading
2008/10/29 - 08:34PM EST
HIG
NEW YORK, Oct 29 (Reuters) - Shares of Hartford Financial
2008/10/23 - 08:45PM EST
(Corrects in first paragraph to show shares fell instead ofrose)
2008/10/23 - 08:28PM EST
NEW YORK, Oct 23 (Reuters) - Shares of FlextronicsInternational Ltd jumped 5 percent to $3.93 inafter-hours trading on Thursday after the contract electronicsmanufacturer posted second-quarter results.
2008/10/23 - 08:20PM EST
NEW YORK, Oct 23 (Reuters) - Shares of Microsoft Corp rose 5.3 percent to $23.50 in extended trade onThursday after the software maker's quarterly earnings beat theaverage Wall Street estimate. For details see [ID:nWNAB1062]
2008/10/23 - 08:15PM EST
NEW YORK, Oct 23 (Reuters) - Shares of Juniper Networks Inc rose 2.4 percent after the company postedthird-quarter results and expressed cautious optimism aboutnear-term opportunities.
2008/10/22 - 08:23PM EST
ALL
NEW YORK, Oct 22 (Reuters) - Shares of Allstate Corp fell 7.1 percent to $26.23 in extended trade onWednesday after the insurer reported its quarterly results. Fordetails, see [ID:nWNAB0122]
2008/10/22 - 08:17PM EST
NEW YORK, Oct 22 (Reuters) - Shares of Amazon.com fell 13.4 percent in extended trading on Wednesday after theonline retailer's fourth-quarter revenue expectations fellshort of analyst expectations.
2008/10/21 - 09:17PM EST
NEW YORK, Oct 21 (Reuters) - Shares of iPhone-maker Apple rose 2.7 percent in after-hours trading on Tuesday,after reporting quarterly results.
Before The Bell
2008/10/29 - 01:03PM EST
GM
NEW YORK, Oct 29 (Reuters) - Shares of General Motors Corp
2008/10/29 - 12:13PM EST
KFT
NEW YORK, Oct 29 (Reuters) - Kraft Foods Inc rose
2008/10/29 - 11:34AM EST
GLW
NEW YORK, Oct 29 (Reuters) - Shares of Corning Inc
2008/10/28 - 01:19PM EST
TGT
NEW YORK, Oct 28 (Reuters) - Shares of Target rose
2008/10/28 - 12:41PM EST
X
NEW YORK, Oct 28 (Reuters) - Shares of US Steel Corp
2008/10/28 - 12:22PM EST
jumped more than 4 percent to $16.77 before the bell
2008/10/28 - 12:10PM EST
BA
NEW YORK, Oct 28 (Reuters) - Boeing shares rose 6.5
2008/10/28 - 12:00PM EST
Google Inc rose about 3 percent to $338.50 before the
2008/10/27 - 12:21PM EST
CVX COP XOM
Shares of Exxon Mobil Corp fell 3.2 percent to
2008/10/24 - 01:29PM EST
C NCC
tumbled 31.6 percent to $1.88 before the opening bell
Funds News
2008/11/18 - 04:55PM EST
HOT JPM
NEW YORK, Nov 18 (Reuters) - Two of the largest loans inrecent commercial mortgage-backed securities, including onefinancing two Westin hotels, are close to default, according toCredit Suisse analysts.
2008/11/18 - 04:50PM EST
* Market turns higher on short-covering, tracking equities
2008/11/18 - 04:59PM EST
JPM
(Corrects brokerage name in headline) (Recasts, adds analyst comments)
2008/11/18 - 04:30PM EST
NEW YORK, Nov 18 (Reuters) - The following list shows the arbitrage spread forproposed mergers and acquisitions of U.S. companies.
2008/11/18 - 03:20PM EST
STRASBOURG, France, Nov 18 (Reuters) - The EuropeanCommission will make proposals on hedge funds and private equitynext month, the EU executive's president said on Tuesday.
2008/11/18 - 03:19PM EST
HPQ
NEW YORK, Nov 18 (Reuters) - U.S. crude futures seesawed near unchangedon Tuesday in choppy trading, having bounced from another near-22 month lowunder $55 a barrel after some reassuring preliminary quarterly results fromcomputer maker Hewlett-Packard .
2008/11/18 - 03:12PM EST
OPY
BOSTON, Nov 18 (Reuters) - Massachusetts' top securitiesregulator sued the small investment bank Oppenheimer & Co forfraud on Tuesday, accusing it of deceiving customers in itssales of auction-rate securities.
2008/11/18 - 03:00PM EST
LONDON, Nov 18 (Reuters) - Investor confidence fell to itslowest level on record for the second month in a row in Novemberas a flight from riskier assets continued to grip financialmarkets, State Street said on Tuesday.
2008/11/18 - 02:46PM EST
F
Nov 18 (Reuters) - The following bids, mergers,acquisitions and disposals involving European, North Americanand Asian companies were reported by 1430 GMT on Tuesday.
2008/11/18 - 02:46PM EST
EVR RY.TO STT CMA MS
Nov 18 (Reuters) - The following financial servicesindustry appointments were announced on Tuesday. To inform usof other job changes, please e-mail moves@thomsonreuters.com.
Private Equity
2008/11/18 - 04:48PM EST
LONDON, Nov 18 (Reuters) - The value of Ineos Group's[INEOSP.UL] senior loans and high-yield bonds fell sharply onTuesday on continued fears about the highly leveraged company'sability to manage its huge debt.
2008/11/18 - 04:30PM EST
NEW YORK, Nov 18 (Reuters) - The following list shows the arbitrage spread forproposed mergers and acquisitions of U.S. companies.
2008/11/18 - 03:20PM EST
STRASBOURG, France, Nov 18 (Reuters) - The EuropeanCommission will make proposals on hedge funds and private equitynext month, the EU executive's president said on Tuesday.
2008/11/18 - 02:00PM EST
TORONTO, Nov 18 (Reuters) - Fewer Canadian companies are onthe receiving end of venture capital investments this year, andthose that manage to get funding are getting fewer dollars,according to data released by an industry group on Tuesday.
2008/11/18 - 12:10AM EST
LONDON, Nov 18 (Reuters) - France's Carrefour SA ,the world's second-largest retailer, is set to replace chiefexecutive Jose Luis Duran with Nestle SA executiveLars Olofsson, The Financial Times newspaper reported onTuesday.
2008/11/17 - 11:51PM EST
LM S BLK
BOSTON, Nov 17 (Reuters) - U.S. asset manager BlackRock Inc warned its employees on Monday of impending job cuts tobe made this week, saying it was looking for ways to reduceexpenses in the challenging market and economic conditions.
2008/11/17 - 10:31PM EST
C MS JPM GS
NEW YORK, Nov 17 (Reuters) - Popular outrage over lavishbanker pay that prompted Goldman Sachs and UBS to deny bonuses for top executives may force other banksgetting government aid to eliminate year-end bonuses,compensation experts say.
2008/11/17 - 09:05PM EST
Nov 17 (Reuters) - The following list shows the arbitrage spread for proposed mergersand acquisitions of U.S. companies.
2008/11/17 - 07:56PM EST
NEW YORK, Nov 17 (Reuters) - Bankrupt department storechain Mervyn's Holdings LLC has asked a court to approve thesale of all its remaining property leases, saying thetransaction would be the best way to reap more value from itsassets as it liquidates, according to court documents.
2008/11/17 - 05:44PM EST
DETROIT, Nov 17 (Reuters) - Getrag TransmissionManufacturing LLC filed for bankruptcy protection on Monday,citing a legal dispute with Chrysler LLC over an unfinishedtransmission plant it was developing in Tipton, Indiana.
Bonds News
2008/11/18 - 04:56PM EST
BUD
LONDON, Nov 18 (Reuters) - Banks funded on Tuesday the $55billion financing for InBev's acquisition ofAnheuser-Busch , banking sources said.
2008/11/18 - 04:55PM EST
HOT JPM
NEW YORK, Nov 18 (Reuters) - Two of the largest loans inrecent commercial mortgage-backed securities, including onefinancing two Westin hotels, are close to default, according toCredit Suisse analysts.
2008/11/18 - 04:54PM EST
FCX
NEW YORK, Nov 18 (Reuters) - Freeport-McMoRan Copper & GoldInc said on Tuesday it is cutting more than 600 jobs atits U.S. mining operations to lower costs at a time when copperand other metal prices have plummeted.
2008/11/18 - 04:51PM EST
- Paulson: U.S. turned corner, bailout prevented collapse
2008/11/18 - 04:59PM EST
JPM
(Corrects brokerage name in headline) (Recasts, adds analyst comments)
2008/11/18 - 04:47PM EST
LONDON, Nov 18 (Reuters) - Bank-to-bank dollar, euro andsterling interest rates fell on Tuesday, while spreads weremixed, following a spate of central bank operations in Europeearlier in the session.
2008/11/18 - 04:44PM EST
SANTIAGO, Nov 18 (Reuters) - Chilean state copper giantCodelco is evaluating joint venture exploration prospects withMinmetals, the massive metals trader for No. 1 copper consumerChina, Chile Mine Minister Santiago Gonzalez said on Tuesday.
2008/11/18 - 04:44PM EST
LONDON, Nov 18 (Reuters) - Short-dated euro zone governmentbonds marked new three-year lows on Tuesday on firmingexpectations for further interest rate cuts as investors frettedover an accelerating global slowdown.
2008/11/18 - 04:38PM EST
(Repeats to additional subscribers with no change to headlinesor text) (Adds details, background)
2008/11/18 - 04:35PM EST
SAO PAULO, Nov 18 (Reuters) - Brazil's central bank soldabout $1.4 billion in a second auction of currency swapcontracts on Tuesday, rolling over a similar batch ofsecurities due next month.
New Issues News
2008/11/18 - 04:35PM EST
SAO PAULO, Nov 18 (Reuters) - Brazil's central bank soldabout $1.4 billion in a second auction of currency swapcontracts on Tuesday, rolling over a similar batch ofsecurities due next month.
2008/11/18 - 03:27PM EST
SAO PAULO, Nov 18 (Reuters) - Brazil's central bank soldabout $354 million in dollar swap contracts on Tuesday in thefirst of two auctions of swaps as it seeks to add liquidity tothe foreign exchange market and roll over a similar batch ofpaper due next month.
2008/11/18 - 02:25PM EST
FRE M
Nov 18 (Reuters) - The following is a list of scheduled U.S. agency billsales from Fannie Mae and Freddie Mac for 2008. Freddie Mac settlement datesfor its bill sales will be available the day those offerings are announced.*=Bills have been pricedAGENCY TYPE OF BILLS ANNOUNCEMENT PRICING SETTLEMENTNOVEMBER ISSUES:*Freddie Mac 3-month/6-month Nov 14 Nov 17 Nov 18Fannie Mae 3-month/6-month Nov 17 Nov 19 Nov 19-20Freddie Mac
2008/11/18 - 01:01PM EST
GS
* Barclays shares fall 6 pct, dilution of deal unchanged
2008/11/18 - 08:01AM EST
LONDON (Reuters) - British bank Barclays moved toquell shareholder anger on Tuesday, offering them a slice of a5.8 billion pound capital injection by Middle Easterninvestors.
2008/11/17 - 11:15PM EST
TRP.TO
CALGARY, Alberta, Nov 17 (Reuters) - TransCanada Corp said on Monday it plans to issue up to C$1.16 billion($950 million) of stock to fund major projects like theKeystone oil pipeline, marking its second billion-dollaroffering in half a year.
2008/11/17 - 10:59PM EST
JPM
NEW YORK, Nov 17 (Reuters) - BlueArc Corp, a provider ofnetwork storage systems, became the latest technology companyto withdraw its application for an initial public offeringbecause of market conditions, according to a regulatoryfiling.
2008/11/17 - 10:24PM EST
WASHINGTON, Nov 17 (Reuters) - The U.S. Treasury on Mondaysaid it will allow the balance to dwindle in a program aimed athelping the Federal Reserve manage its balance sheet as theU.S. central bank has pumped liquidity into malfunctioningfinancial markets.
2008/11/17 - 10:20PM EST
SRE
Nov 17 (Reuters) - Sempra Energy , an energyservices holding company, on Monday sold $750 million intwo-part senior notes, said IFR, a Thomson Reuterspublication.
2008/11/17 - 10:17PM EST
Nov 17 (Reuters) - British Sky Broadcasting Group Plc on Monday sold $600 million of 10-year notes in the144a private placement market, said IFR, a Thomson Reuterspublication.
Forex News
2008/11/18 - 04:56PM EST
* U.S. capital inflows surge to near 3-year highs (Adds comment, updates prices)
2008/11/18 - 04:56PM EST
GM
BERLIN, Nov 18 (Reuters) - Germany says its offer to helpOpel is a one-off and that no blanket aid for carmakersis needed, but politicians may have to reverse course, as theydid for the banking sector, if an auto industry slump worsens.
2008/11/18 - 04:54PM EST
FCX
NEW YORK, Nov 18 (Reuters) - Freeport-McMoRan Copper & GoldInc said on Tuesday it is cutting more than 600 jobs atits U.S. mining operations to lower costs at a time when copperand other metal prices have plummeted.
2008/11/18 - 04:48PM EST
LONDON, Nov 18 (Reuters) - The value of Ineos Group's[INEOSP.UL] senior loans and high-yield bonds fell sharply onTuesday on continued fears about the highly leveraged company'sability to manage its huge debt.
2008/11/18 - 04:44PM EST
LONDON, Nov 18 (Reuters) - Short-dated euro zone governmentbonds marked new three-year lows on Tuesday on firmingexpectations for further interest rate cuts as investors frettedover an accelerating global slowdown.
2008/11/18 - 04:44PM EST
WN.TO TRP.TO
* TransCanada among big net loss decliners, down 5 percent
2008/11/18 - 04:33PM EST
LONDON, Nov 18 (Reuters Life!) - The latest James Bond film "Quantum of Solace" took another five million pounds ($7.52 million) over its third weekend in Britain as it maintained its iron grip on the British box office top spot.
2008/11/18 - 04:33PM EST
BRUSSELS, Nov 18 (Reuters) - A Belgian court has rejected achallenge by shareholders to the state-backed rescue offinancial giant Fortis , ruling that procedureshad been correctly followed.
2008/11/18 - 04:21PM EST
BBY IBM HPQ
NEW YORK (Reuters) - Hewlett-Packard Co posted stronger-than-expected results and forecast full-year profit above Wall Street estimates, underscoring its resilience to an economic crisis that has dragged down other tech companies.
2008/11/18 - 04:18PM EST
BBY IBM HPQ
* FY 09 profit forecast beats, but revenue outlook misses
Investment Outlook
2008/11/14 - 12:31PM EST
C LAZ GS C BNS.TO BAC
NEW YORK (Reuters) - The U.S. government may say its investments in the nation's banks are mostly passive in nature, but there's little doubt it is playing an active role in reshaping the industry and setting the stage for mergers.
2008/11/13 - 11:40PM EST
C LAZ GS C BNS.TO BAC
NEW YORK (Reuters) - The U.S. government may say its investments in the nation's banks are mostly passive in nature, but there's little doubt it is playing an active role in reshaping the industry and setting the stage for mergers.
2008/11/13 - 11:20PM EST
TD.TO BNS.TO
NEW YORK (Reuters) - The Canadian banking sector has stayed relatively strong through the global financial crisis but must deal with another pressing worry: spillover from a U.S. recession that some observers fear could be long and deep.
2008/11/13 - 11:12PM EST
LAZ MS GS TD.TO
NEW YORK (Reuters) - Top financial executives see no quick end to the global economic storm, warning this week that the current crisis could hold more surprises due to looming credit card debt.
2008/11/13 - 10:56PM EST
GS
NEW YORK (Reuters) - As bad as Wall Street's outlook was before October, the ongoing meltdown and political pressure guarantees the prospects for bonuses and job cuts this year have only gotten worse.
2008/11/13 - 09:32PM EST
NEW YORK (Reuters) - Banks have generated billions of dollars of profits from standing in the middle of trades in the $530 trillion over-the-counter derivatives market, but investors could clamor to do more of their trading in coming years with exchanges, which are seen as safer.
2008/11/13 - 06:25PM EST
AIG BRKA GS
NEW YORK (Reuters) - It took a while, but two financial industry icons who tussled with former New York Governor Eliot Spitzer have enjoyed the last laugh.
2008/11/13 - 05:11PM EST
GS BLK AIG LAZ
NEW YORK (Reuters) - If markets are to regain a semblance of sanity, financial sector regulation must be tightened or overhauled to ensure that excesses that led to the global market crisis are not repeated soon, or ever.
2008/11/13 - 03:21AM EST
BNS.TO
NEW YORK (Reuters) - Bank of Nova Scotia will boost its 25 percent stake in Thailand's Thanachart Bank to 49 percent in the coming weeks, assuming Thai government approval, the Canadian bank's top executive said on Wednesday.
2008/11/13 - 03:20AM EST
C NCC BNS.TO
NEW YORK (Reuters) - A government plan to inject $250 billion in capital into domestic banks has made it difficult for foreign banks to do deals in the United States, the head of Canada's Bank of Nova Scotia said on Wednesday.