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Stocks

(most talked about stocks of the last 24 hours)

JPM - MS - D - M - GS - AIG - LMT - FRE - STT - C - ST - SFD - BP

Top Stories

(most popular stories in the last 24 hours)

Factbox: Keys to financial regulation reform in U.S. Senate
2010/03/11 - 04:43PM EST
(Reuters) - A revised bill on financial regulation reform is set to be released next week in the U.S. Senate by Democratic Banking Committee Chairman Christopher Dodd.
BP to pay Devon $7 bln for fields
2010/03/11 - 09:47PM EST
D XOM
LONDON/NEW YORK (Reuters) - BP will pay $7 billion to Devon Energy for assets that will extend its reach into Brazil and bulk up its position in the Gulf of Mexico, as the world's top oil companies look to acquisitions to refill depleting reserves.
Obama presses China on currency in trade speech
2010/03/11 - 04:30PM EST
WASHINGTON (Reuters) - President Barack Obama pressed China on Thursday to move to a "more market-oriented exchange rate" in a speech where he laid out a plan to boost U.S. exports in the coming years.
Big majority wants Wall Street regulation
2010/03/11 - 04:17PM EST
AIG
WASHINGTON (Reuters) - An overwhelming majority of Americans wants Wall Street subjected to tougher regulation in the aftermath of the bank bailout and the bonus scandals that have rocked the U.S. financial sector, according to a Harris poll released on Thursday.
Secularist bloc alleges major fraud in Iraq poll
2010/03/11 - 03:51PM EST
BAGHDAD (Reuters) - A cross-sectarian, secularist list headed by former Prime Minister Iyad Allawi on Thursday alleged major fraud in Iraq's national election this week.
Ukraine's Yanukovich gets close ally as PM
2010/03/11 - 03:48PM EST
KIEV (Reuters) - Ukraine's new prime minister, Mykola Azarov, declaring state coffers were empty, promised on Thursday to meet all obligations to the International Monetary Fund and push through a realistic 2010 budget.
Ukraine PM nominee is close ally of President
2010/03/11 - 03:48PM EST
KIEV (Reuters) - Ukraine's Mykola Azarov, who was appointed prime minister on Thursday, is an old ally of new President Viktor Yanukovich and served as a stop-gap acting premier during the 2004 Orange Revolution turmoil.
Factbox: Challenges facing new Ukrainian government
2010/03/11 - 03:48PM EST
(Reuters) - Ukraine's parliament appointed ex-finance minister Mykola Azarov, a close ally of President Viktor Yanukovich, prime minister on Thursday as the country moved to restore stability and tackle an economic crisis.
Investors see past Ukraine default fears
2010/03/11 - 03:48PM EST
LONDON (Reuters) - After months of fretting about sovereign default, foreign investors are giving Ukraine a second look, with some arguing that asset prices don't fully reflect the promise of political stability.
Timeline: Greece's economic crisis
2010/03/11 - 03:12PM EST
(Reuters) - Greek public and private sector workers went on strike on Thursday, grounding flights, shutting schools and halting public transport in the second nationwide walkout in a fortnight in protest against austerity plans.


All Stories

(news stories from the last 24 hours)

Market News

Anheuser-Busch sues Illinois over blocked beer bid
2010/03/11 - 05:14PM EST
NEW YORK, March 11 (Reuters) - Brewer Anheuser-Busch InBevNV has sued an Illinois state regulator for blockingits attempt to buy an alcoholic beverage distributor, inviolation of the U.S. Constitution.
FTSE closes lower, weighed down by miners, banks
2010/03/11 - 05:13PM EST
LONDON, March 11 (Reuters) - Britain's top share indexclosed 0.4 percent lower on Thursday, pressured by miners andbanks after data revived concerns about monetary tightening inChina, while buyers came in for general retailers.
Canada watchdog sees larger deficits than government
2010/03/11 - 05:12PM EST
* Sees 2014-15 deficit C$12.3 bln, vs gov't view C$1.8 bln
UPDATE 4-Old Mutual strategic shake-up disappoints
2010/03/11 - 05:11PM EST
* To sell U.S. life unit, eyes IPO of U.S. asset management
Guinea CBG union says suspends strike action
2010/03/11 - 05:10PM EST
AA
CONAKRY, March 11 (Reuters) - The main union at Guinea'sCBG, the world's top bauxite miner, suspended its strike onThursday ahead of negotiations on grievances due next week.
Lockheed cost overruns to spark review-Pentagon
2010/03/11 - 05:04PM EST
LMT
WASHINGTON, March 11 (Reuters) - Lockheed Martin Corp's F-35 program, the Pentagon's biggest acquisition ever,is crashing through a cost-growth threshold that will spark athorough review of the program, the Pentagon's chief weaponsbuyer told Congress on Thursday.
Chile Pinera says aftershocks damaged Rancagua
2010/03/11 - 05:03PM EST
SANTIAGO, March 11 (Reuters) - Chile's freshly inauguratedPresident Sebastian Pinera said a series of aftershocks onThursday caused "significant damage" in Rancagua, a city almost100 km (62 miles) south of the capital.
PREVIEW-Devices to take center stage at ACC heart meeting
2010/03/11 - 05:02PM EST
MDT MRK STJ BSX ABT
* Abbott's MitraClip, Medtronic's ablation system featured
UPDATE 2-MOVES-Bank of America, Nomura, UBS
2010/03/11 - 04:55PM EST
BAC
(Adds Bank of America, GoldenTree Asset Management, StarwoodCapital, Nixon Peabody)
WRAPUP 2-Canada trade surplus, housing data signal recovery
2010/03/11 - 04:54PM EST
* PM Harper says export markets still uncertain (Adds prime minister's comments)

Business News

How free markets sank the U.S. economy
2010/03/11 - 04:45PM EST
NEW YORK (Reuters) - Two years ago, a poisonous brew of bad economics, lax regulation, and egregious behavior boiled over, scalding the financial system and pitching the United States into its steepest downturn since the Great Depression.
Factbox: Keys to financial regulation reform in U.S. Senate
2010/03/11 - 04:43PM EST
(Reuters) - A revised bill on financial regulation reform is set to be released next week in the U.S. Senate by Democratic Banking Committee Chairman Christopher Dodd.
CFTC head scolds Wall Street for resisting reforms
2010/03/11 - 04:05PM EST
BOCA RATON, Florida (Reuters) - The head of the top U.S. futures regulator chided Wall Street on Thursday for resisting calls to make over-the-counter derivatives markets more transparent, arguing major reforms are required after the recent financial crisis.
Big majority of Americans wants Wall Street regulation
2010/03/11 - 04:05PM EST
AIG
WASHINGTON (Reuters) - An overwhelming majority of Americans wants Wall Street subjected to tougher regulation in the aftermath of the bank bailout and the bonus scandals that have rocked the U.S. financial sector, according to a Harris poll released on Thursday.
EU defends hedge fund rules against U.S. critics
2010/03/11 - 05:16PM EST
BRUSSELS (Reuters) - The European Union hit back on Thursday against U.S. criticism of plans to crack down on hedge funds, saying its push for openness in the industry met a commitment also given by Washington and others.
Jan trade gap narrows unexpectedly due to oil
2010/03/11 - 01:56PM EST
WASHINGTON (Reuters) - The U.S. trade deficit narrowed unexpectedly in January as oil imports fell to their lowest since February 1999, a government report showed on Thursday.
HSBC says Swiss data theft affects 24,000 accounts
2010/03/11 - 01:27PM EST
UBS
LONDON/GENEVA (Reuters) - HSBC , Europe's biggest bank, said a theft of data by a former employee affected up to 24,000 Swiss client accounts, dealing a hefty blow to the reputation of its private bank.
Foreclosures drop for 2nd month in February: RealtyTrac
2010/03/11 - 12:20PM EST
NEW YORK (Reuters) - U.S. mortgage foreclosure filings dropped for a second straight month in February, and notched the smallest annual increase in four years as housing-rescue efforts contained activity, a report released on Thursday showed.
Toyota hands over 2006 dissident memo to U.S. panel
2010/03/11 - 12:02PM EST
TOKYO (Reuters) - Toyota Motor said on Thursday it has handed over to a U.S. congressional committee a letter sent to its management by a splinter union in 2006 seeking reforms to improve safety after a recall crisis at the time.
Timeline: Global recalls in the auto industry
2010/03/11 - 12:02PM EST
(Reuters) - Daihatsu Motor Co, a unit of Toyota Motor Corp, said on Thursday it would recall more than 274,000 Hijet and Atrai wagon models in Japan to fix a loose knuckle joint in the front wheels.

Economic News

WRAPUP 2-Canada trade surplus, housing data signal recovery
2010/03/11 - 04:54PM EST
* PM Harper says export markets still uncertain (Adds prime minister's comments)
WRAPUP 1-Brazil consumers lift economy; rate hike seen
2010/03/11 - 04:16PM EST
* Robust consumer spending helps speed up Brazil recovery
UPDATE 1-Mexico gross fixed investment rises in Dec vs Nov
2010/03/11 - 03:31PM EST
MEXICO CITY, March 11 (Reuters) - Gross fixed investment inMexico grew for the third straight month in December as theeconomy rebounded from a deep recession, the nationalstatistics agency said on Thursday.
DIARY-Federal Reserve Events
2010/03/11 - 02:11PM EST
LOS ANGELES - Federal Reserve Bank of San FranciscoPresident Janet Yellen speaks on the economic outlook andobservations on central bank independence before a TownHall-Los Angeles luncheon, 1235 PDT/1535 EDT/1935 GMT. Audienceand media Q&As follow. Millennium Biltmore Hotel, 506 SouthGrand Avenue. Contact: Deborah Weinberg,dweinberg@townhall-la.org or 213 312 9307
UPDATE 1-Canada new home prices climb again in Jan
2010/03/11 - 01:43PM EST
OTTAWA, March 11 (Reuters) - New home prices in Canada keptclimbing in January, rising 0.4 percent from the previous monthas expected, according to Statistics Canada on Thursday.
UPDATE 1-Canada Q4 capacity use jumps most in 3 years
2010/03/11 - 01:41PM EST
OTTAWA, March 11 (Reuters) - Canadian industries ran at70.9 percent of capacity in the fourth quarter of last year, upfrom 68.7 percent in the previous quarter, for the firstsubstantial increase in three years, Statistics Canada said onThursday.
RPT-TABLE-U.S. Jan trade gap narrowed to $37.29 bln
2010/03/11 - 01:37PM EST
March 11 (Reuters) - Commerce Department report of U.S. international trade.
RPT-TABLE-U.S. Jan trade gap narrowed to $37.29 bln
2010/03/11 - 01:37PM EST
March 11 (Reuters) - Commerce Department report of U.S. international trade.
UPDATE-Commodities boost Canada's trade surplus in January
2010/03/11 - 01:35PM EST
OTTAWA, March 11 (Reuters) - Canada's trade surplus grewmore than expected in January to C$799 million ($776 million)as higher prices for commodities such as gold boosted exports,while imports fell, Statistics Canada said on Thursday.
US Jan trade gap narrows unexpectedly due to oil
2010/03/11 - 01:35PM EST
WASHINGTON, March 11 (Reuters) - The U.S. trade deficitnarrowed unexpectedly in January as oil imports fell to theirlowest since February 1999, a government report showed onThursday.

Funds News

UPDATE 2-Northern Trust eyes possible acquisition targets
2010/03/11 - 08:01PM EST
BK C STT
* Northern might eye takeovers as rivals expand footprints
UPDATE 2-MOVES-Bank of America, Nomura, UBS
2010/03/11 - 04:55PM EST
BAC
(Adds Bank of America, GoldenTree Asset Management, StarwoodCapital, Nixon Peabody)
UPDATE 3-EU defends hedge fund rules against U.S. critics
2010/03/11 - 04:49PM EST
* Washington worried rules could penalise U.S. fund managers
Macy's sees no harm from General Growth-Simon deal
2010/03/11 - 04:47PM EST
BAMA.TO SPG GGP M
NEW YORK, March 11 (Reuters) - Macy's Inc would seeonly minimal impact from a purchase of bankrupt General GrowthProperties Inc by its larger rival, Simon PropertyGroup Inc , said Terry Lundgren, chief executive officerof the department store chain.
UPDATE 1-State Street unveils Russian stock ETF
2010/03/11 - 04:32PM EST
STT
BOSTON, March 11 (Reuters) - State Street Corp onThursday unveiled a new exchange-traded fund investing inshares of red-hot Russian companies.
CFTC head scolds Wall Street for resisting reforms
2010/03/11 - 04:05PM EST
BOCA RATON, Florida (Reuters) - The head of the top U.S. futures regulator chided Wall Street on Thursday for resisting calls to make over-the-counter derivatives markets more transparent, arguing major reforms are required after the recent financial crisis.
Big majority in U.S. wants Wall Street regulation
2010/03/11 - 04:02PM EST
AIG
WASHINGTON, March 11 (Reuters) - An overwhelming majorityof Americans wants Wall Street subjected to tougher regulationin the aftermath of the bank bailout and the bonus scandalsthat have rocked the U.S. financial sector, according to aHarris poll released on Thursday.
UPDATE 1-Ex-Cazenove partner gets 21 months jail deals
2010/03/11 - 03:34PM EST
JPM
LONDON, March 11 (Reuters) - A former partner of Cazenove,known as the Queen's stockbroker, was jailed for 21 months onThursday for making more than 100,000 pounds from buying sharesin companies just before takeovers were unveiled.
UPDATE 1-JPMorgan plans to launch exchange-traded funds
2010/03/11 - 03:28PM EST
JPM
NEW YORK, March 11 (Reuters) - JPMorgan Chase & Co plans to jump into the burgeoning exchange-traded fund (ETF)business, according to two Securities and Exchange Commissionfilings.
NYMEX-Crude choppy, dips on China inflation worry
2010/03/11 - 03:23PM EST
* China inflation sparks concern about monetary tightening

Private Equity

UPDATE 3-EU defends hedge fund rules against U.S. critics
2010/03/11 - 04:49PM EST
* Washington worried rules could penalise U.S. fund managers
Macy's sees no harm from General Growth-Simon deal
2010/03/11 - 04:47PM EST
BAMA.TO SPG GGP M
NEW YORK, March 11 (Reuters) - Macy's Inc would seeonly minimal impact from a purchase of bankrupt General GrowthProperties Inc by its larger rival, Simon PropertyGroup Inc , said Terry Lundgren, chief executive officerof the department store chain.
EU states fail to reach deal on hedge funds-source
2010/03/11 - 04:14PM EST
BRUSSELS, March 11 (Reuters) - European Union states failedto agree on Thursday on new rules to regulate managers of hedgefunds, private equity and other alternative funds, an EUdiplomat said.
UPDATE 1-GeoEye in financing deal with Cerberus; shares rise
2010/03/11 - 03:55PM EST
LMT
(Adds details from filing, conference call, share movement)
HEADLINE STOCKS-U.S. small/midcap stocks on the move on March 11
2010/03/11 - 03:44PM EST
WG
March 11 (Reuters) - Some small and midcap stocks on themove on Thursday:
Investors see pick up in CEE renewable financing
2010/03/11 - 03:26PM EST
PRAGUE, March 11 (Reuters) - Financing for renewableprojects in the Central European region is picking up despite amurky regulatory landscape in some countries that scares offpotential investors, fund managers and bankers said.
DEALTALK-Kabel Deutschland IPO - ambitious play or cunning ploy?
2010/03/11 - 02:08PM EST
* $1 billion IPO priced at about 10 pct premium to peers
GeoEye in financing deal with Cerberus Capital
2010/03/11 - 12:46PM EST
March 11 (Reuters) - GeoEye Inc entered into afinancing deal with private equity firm Cerberus CapitalManagement [CBS.UL], in a move that would help the satelliteimagery company win a federal contract.
Peltz considering bid for CKE Restaurants - NY Post
2010/03/11 - 10:26AM EST
CKR W
March 11 (Reuters) - Nelson Peltz, owner of U.S. restaurantchain Wendy's/Arby's Group Inc , is considering a bid forCKE Restaurants Inc , the New York Post reported, citinga source close to the process.
U.S. warns EU of rift over fund regulation - FT
2010/03/11 - 08:58AM EST
BRUSSELS, March 11 (Reuters) - U.S. Treasury Secretary TimGeithner has written to the European Commission warning thatplans to regulate hedge funds and private equity firms couldcause tensions with Washington, the Financial Times reported.

Bonds News

Anheuser-Busch sues Illinois over blocked beer bid
2010/03/11 - 05:14PM EST
NEW YORK, March 11 (Reuters) - Brewer Anheuser-Busch InBevNV has sued an Illinois state regulator for blockingits attempt to buy an alcoholic beverage distributor, inviolation of the U.S. Constitution.
Canada watchdog sees larger deficits than government
2010/03/11 - 05:12PM EST
* Sees 2014-15 deficit C$12.3 bln, vs gov't view C$1.8 bln
TREASURIES-U.S. bond prices slip ahead of 30-year auction
2010/03/11 - 05:10PM EST
* Weak jobless claims number counteracts supply pressures
Chile Pinera says aftershocks damaged Rancagua
2010/03/11 - 05:03PM EST
SANTIAGO, March 11 (Reuters) - Chile's freshly inauguratedPresident Sebastian Pinera said a series of aftershocks onThursday caused "significant damage" in Rancagua, a city almost100 km (62 miles) south of the capital.
WRAPUP 2-Canada trade surplus, housing data signal recovery
2010/03/11 - 04:54PM EST
* PM Harper says export markets still uncertain (Adds prime minister's comments)
Fannie Mae, Freddie Mac bill sale calendar
2010/03/11 - 04:43PM EST
FRE M
March 11 (Reuters) - The following is a list of scheduled U.S. agency billsales from Fannie Mae and Freddie Mac for 2010.
Forward Calendar - U.S. corporate bond new issues
2010/03/11 - 04:42PM EST
March 11 (Reuters) - The following are lists of upcoming high-grade andhigh-yield corporate bond offerings in the United States. The information wasgathered from Thomson Reuters U.S. new issues team, and other market sources:*Denotes 144a private placement debt offering.HIGH-GRADE BOND SALES EXPECTED FOR WEEK OF 3/8/2010 COMPANY AMT MAT/DEBT RTGS MGRS PRICEDAirgas $300 mln 3.5-yr Baa3/BBB/NA BAML/BARC/GS
SAfrica may face power cuts if no World Bank loan
2010/03/11 - 04:37PM EST
JOHANNESBURG, March 11 (Reuters) - South Africa may need toenforce power cuts or raise electricity tariffs further if adisputed $3.75 billion loan from the World Bank is not approved,a senior government official said on Thursday.
UPDATE 1-Canada recovering with growing optimism, PM says
2010/03/11 - 04:26PM EST
* Canada will emerge much stronger than others, he says (Adds quotes, background)
Canada recovering with growing optimism, says PM
2010/03/11 - 04:16PM EST
OTTAWA, March 11 (Reuters) - Canadian Prime MinisterStephen Harper adopted a more upbeat tone than usual whendiscussing the economy on Thursday, saying the nation wasrecovering with a growing sense of optimism.

New Issues News

UPDATE 4-Old Mutual strategic shake-up disappoints
2010/03/11 - 05:11PM EST
* To sell U.S. life unit, eyes IPO of U.S. asset management
UPDATE 2-Auto parts company Sensata's shares rise in debut
2010/03/11 - 04:11PM EST
MS GS F ST
* Auto industry recovery driving stock-analyst (Adds analyst comments, background, byline)
Sensata begins trade at $18, matching IPO price
2010/03/11 - 02:40PM EST
ST
NEW YORK, March 11 (Reuters) - The shares in car partsmaker Sensata Technologies Holding NV began trading at$18 on Thursday, matching their IPO price.
UPDATE 1-Gjensidige IPO seen as step to Storebrand tie-up
2010/03/11 - 10:44AM EST
OSLO, March 11 (Reuters) - Mutually owned Norwegian insurerGjensidige said on Thursday it was planning an initial publicoffering (IPO) for the second half of 2010 to help its growthambitions, raising the odds of a tie-up with peer Storebrand.
U.S. options exchange CBOE may file for IPO -FT
2010/03/11 - 10:07AM EST
NYX
March 11 (Reuters) - The Chicago Board Options Exchange(CBOE) may file an application with the U.S. securitiesregulator for an initial public offering, the Financial Timesreported, citing people familiar with the matter.
BRIEF-Gjensidige says to sell 25-40 pct stock in IPO
2010/03/11 - 07:59AM EST
GS
* Gjensidige Foundation to cut ownership from 100 pct to60-75 pct in IPO
UPDATE 1-Sensata prices IPO at bottom of range-underwriter
2010/03/11 - 12:46AM EST
ST
* Sells 31.6 mln shrs, raises about $568.8 mln-underwriter
Sensata prices IPO at bottom of range - underwriter
2010/03/11 - 12:28AM EST
ST
NEW YORK, March 10 (Reuters) - Car parts maker SensataTechnologies Holding priced shares in its initial publicoffering at the bottom of the expected range on Wednesday.
Aveo Pharmaceuticals IPO pricing delayed-underwriter
2010/03/10 - 10:49PM EST
NEW YORK, March 10 (Reuters) - Cancer therapy company AVEOPharmaceuticals Inc will delay the pricing of itsinitial public offering until Thursday after the close of themarket, an underwriter said.
UPDATE 3-Baltic Trading Ltd shares dip in debut
2010/03/10 - 09:17PM EST
K MS BALT
* Stock drops 0.3 percent in debut (Recasts first paragraph, adds background)

Forex News

UPDATE 2-MOVES-Bank of America, Nomura, UBS
2010/03/11 - 04:55PM EST
BAC
(Adds Bank of America, GoldenTree Asset Management, StarwoodCapital, Nixon Peabody)
WRAPUP 2-Canada trade surplus, housing data signal recovery
2010/03/11 - 04:54PM EST
* PM Harper says export markets still uncertain (Adds prime minister's comments)
Mexico peso slips on US trade data, unemployment
2010/03/11 - 04:38PM EST
MEXICO CITY, March 11 (Reuters) - Mexico's peso slipped onThursday and stocks fell after U.S. data showed a drop inMexico's U.S.-bound exports and slightly weaker-than-expectedresults on jobless claims, hurting confidence in the U.S.economic recovery.
UPDATE 2-U.S.'s SunEdison to build solar plant in Italy
2010/03/11 - 04:23PM EST
WFR
* SunEdison, Santander to invest 200-250 mln euros in plant
WRAPUP 1-Brazil consumers lift economy; rate hike seen
2010/03/11 - 04:16PM EST
* Robust consumer spending helps speed up Brazil recovery
CFTC head scolds Wall Street for resisting reforms
2010/03/11 - 04:05PM EST
BOCA RATON, Florida (Reuters) - The head of the top U.S. futures regulator chided Wall Street on Thursday for resisting calls to make over-the-counter derivatives markets more transparent, arguing major reforms are required after the recent financial crisis.
Brazil yields tick up on retail data, rate view
2010/03/11 - 04:05PM EST
SAO PAULO, March 11 (Reuters) - Yields on Brazilianinterest rate futures contracts ticked higher onThursday, as strong January retail sales data fueledexpectations of a rate hike in the near future.
FACTBOX-SNB's route back to conventional monetary policy
2010/03/11 - 04:03PM EST
March 11 (Reuters) - The Swiss National Bank inched closerto a first rise in interest rates with a more optimistic view ongrowth on Thursday, but it knocked back expectations it wouldsoften its stance on curbing excessive currency gains.
UPDATE 1-Kinross to acquire Underworld for C$139.2 mln
2010/03/11 - 04:03PM EST
KGC K.TO
TORONTO, March 11 (Reuters) - Gold miner Kinross said on Thursday it has agreed to acquire exploration companyUnderworld Resources in a deal worth C$139.2 million($135.3 million), expanding its asset base in northwest NorthAmerica.
Honeywell cuts compensation for top executives
2010/03/11 - 04:01PM EST
GE UTX H
BOSTON, March 11 (Reuters) - Diversified U.S. manufacturerHoneywell International Inc cut its top executives' paylast year as a brutal global downturn drove net income down22.9 percent.

ETF News

UPDATE 2-Northern Trust eyes possible acquisition targets
2010/03/11 - 08:01PM EST
BK C STT
* Northern might eye takeovers as rivals expand footprints
UPDATE 2-MOVES-Bank of America, Nomura, UBS
2010/03/11 - 04:55PM EST
BAC
(Adds Bank of America, GoldenTree Asset Management, StarwoodCapital, Nixon Peabody)
UPDATE 3-EU defends hedge fund rules against U.S. critics
2010/03/11 - 04:49PM EST
* Washington worried rules could penalise U.S. fund managers
Macy's sees no harm from General Growth-Simon deal
2010/03/11 - 04:47PM EST
BAMA.TO SPG GGP M
NEW YORK, March 11 (Reuters) - Macy's Inc would seeonly minimal impact from a purchase of bankrupt General GrowthProperties Inc by its larger rival, Simon PropertyGroup Inc , said Terry Lundgren, chief executive officerof the department store chain.
UPDATE 1-State Street unveils Russian stock ETF
2010/03/11 - 04:32PM EST
STT
BOSTON, March 11 (Reuters) - State Street Corp onThursday unveiled a new exchange-traded fund investing inshares of red-hot Russian companies.
CFTC head scolds Wall Street for resisting reforms
2010/03/11 - 04:05PM EST
BOCA RATON, Florida (Reuters) - The head of the top U.S. futures regulator chided Wall Street on Thursday for resisting calls to make over-the-counter derivatives markets more transparent, arguing major reforms are required after the recent financial crisis.
Big majority in U.S. wants Wall Street regulation
2010/03/11 - 04:02PM EST
AIG
WASHINGTON, March 11 (Reuters) - An overwhelming majorityof Americans wants Wall Street subjected to tougher regulationin the aftermath of the bank bailout and the bonus scandalsthat have rocked the U.S. financial sector, according to aHarris poll released on Thursday.
UPDATE 1-Ex-Cazenove partner gets 21 months jail deals
2010/03/11 - 03:34PM EST
JPM
LONDON, March 11 (Reuters) - A former partner of Cazenove,known as the Queen's stockbroker, was jailed for 21 months onThursday for making more than 100,000 pounds from buying sharesin companies just before takeovers were unveiled.
UPDATE 1-JPMorgan plans to launch exchange-traded funds
2010/03/11 - 03:28PM EST
JPM
NEW YORK, March 11 (Reuters) - JPMorgan Chase & Co plans to jump into the burgeoning exchange-traded fund (ETF)business, according to two Securities and Exchange Commissionfilings.
NYMEX-Crude choppy, dips on China inflation worry
2010/03/11 - 03:23PM EST
* China inflation sparks concern about monetary tightening

Financial Services and Real Estate

FTSE closes lower, weighed down by miners, banks
2010/03/11 - 05:13PM EST
LONDON, March 11 (Reuters) - Britain's top share indexclosed 0.4 percent lower on Thursday, pressured by miners andbanks after data revived concerns about monetary tightening inChina, while buyers came in for general retailers.
Freddie Mac, FHLB, Fannie Mae 2010 note calendar
2010/03/11 - 04:43PM EST
M FRE
March 11 (Reuters) - The following are scheduled sales announcement datesfor potential Freddie Mac reference, Fannie Mae benchmark notes and Federal Home Loan Bank (FHLB) global note offerings in2010.
UPDATE 1-State Street unveils Russian stock ETF
2010/03/11 - 04:32PM EST
STT
BOSTON, March 11 (Reuters) - State Street Corp onThursday unveiled a new exchange-traded fund investing inshares of red-hot Russian companies.
UPDATE 1-Power Financial Q4 operating profit falls
2010/03/11 - 04:29PM EST
POW.TO PWF.TO
TORONTO, March 11 (Reuters) - Power Financial Corp said on Thursday its operating profit fell in the fourthquarter as subsidiaries contributed less to earnings.
Russia wants to cut AvtoVAZ debt by up to 30 pct
2010/03/11 - 04:22PM EST
* State wants to resolve looming debt crisis by paying less
UPDATE 2-Auto parts company Sensata's shares rise in debut
2010/03/11 - 04:11PM EST
MS GS F ST
* Auto industry recovery driving stock-analyst (Adds analyst comments, background, byline)
Sharia boards face scrutiny amid financial crisis
2010/03/11 - 04:02PM EST
DUBAI, March 11 (Reuters) - Sharia boards face increasedscrutiny and criticism as high-profile corporate defaults andcautionary comments from respected scholars cast a harsh lighton the fast growth of financial products touted as Islamic.
Big majority in U.S. wants Wall Street regulation
2010/03/11 - 04:02PM EST
AIG
WASHINGTON, March 11 (Reuters) - An overwhelming majorityof Americans wants Wall Street subjected to tougher regulationin the aftermath of the bank bailout and the bonus scandalsthat have rocked the U.S. financial sector, according to aHarris poll released on Thursday.
Eurobank 2009 net drops 53 pct, beats consensus
2010/03/11 - 03:59PM EST
ATHENS, March 11 (Reuters) - EFG Eurobank ,Greece's second-largest lender, posted a smaller than expectedfall in full year net profit and called on people to backgovernment efforts to haul the country out of a debt crisis.
UPDATE 1-Sprott profit falls with performance fees
2010/03/11 - 03:51PM EST
SII.TO
CALGARY, Alberta, March 11 (Reuters) - Sprott Inc's fourth-quarter profit sank 35 percent as the fundmanagement firm's performance fees dropped and returns from itshedge funds were squeezed in the market rally, it said onThursday.

Consumer Goods And Retail News

US traffic deaths down;regulators probed on Toyota
2010/03/11 - 04:54PM EST
TM
* Regulators face questions about their Toyota response
UPDATE 3-Smithfield returns to profit, tops Street view
2010/03/11 - 04:51PM EST
SFD
* Shares edge up (Recasts; adds company comment, details)
U.S., Canadian health officials OK Polish isotopes
2010/03/11 - 04:31PM EST
CAH COV
CHICAGO, March 11 (Reuters) - U.S. and Canadian healthofficials have approved the use of the medical isotopes createdat a Polish nuclear reactor, a move that will help ease ashortage of the materials used in millions of diagnostic tests,health products provider Covidien said on Thursday.
UPDATE 1-Phillips-Van Heusen backs Q4 forecast; shares up
2010/03/11 - 04:30PM EST
M JCP WMT PVH
March 11 (Reuters) - Phillips-Van Heusen reiteratedits fourth-quarter outlook as the owner of the Calvin Kleinbrand said it saw a strong end to the quarter driven by itsoutlet stores and royalties from the iconic brand.
UPDATE 2-Italy's Della Valle ups stake in Saks to 7.1 pct
2010/03/11 - 03:32PM EST
SKS
* Saks shares down 0.3 pct (Adds total shares now held, date of previous stake, updatesshare activity)
US STOCKS-Markets fall after jobless data, China CPI
2010/03/11 - 03:11PM EST
BKE BP D
* Devon jumps after deal to sell fields to BP for $7 bln
Sensata begins trade at $18, matching IPO price
2010/03/11 - 02:40PM EST
ST
NEW YORK, March 11 (Reuters) - The shares in car partsmaker Sensata Technologies Holding NV began trading at$18 on Thursday, matching their IPO price.
Smithfield hog unit profitable in current quarter
2010/03/11 - 02:40PM EST
SFD
CHICAGO, March 11 (Reuters) - Smithfield Foods Inc said its hog production unit, the nation's largest, isprofitable in its current fiscal quarter although a poorquality corn crop last year has increased costs.
DEALTALK-Nestle seen seller not buyer of L'Oreal shares
2010/03/11 - 02:33PM EST
LONDON, March 11 (Reuters) - Swiss food giant Nestle is more likely to sell its 30 percent stake in theworld's biggest cosmetics group L'Oreal rather thanattempt a takeover with limited strategic logic.
UPDATE 1-Gorenje swings to FY loss of 12.2 mln euros
2010/03/11 - 02:19PM EST
* Gorenje shares closed down 0.3 pct, SBI index up 0.76 pct

Energy News

UPDATE 2-U.S. judge rules for Chevron in Ecuador case
2010/03/11 - 06:14PM EST
CVX
* Issues in long-running case go to international tribunal
UPDATE 1-Valero reports Corpus hydrocracker to restart
2010/03/11 - 04:28PM EST
VLO
* Start-up process to last through March 20 (Recasts, changes dateline from SINGAPORE previous)
US STOCKS-Markets fall after jobless data, China CPI
2010/03/11 - 03:11PM EST
BKE BP D
* Devon jumps after deal to sell fields to BP for $7 bln
Petrobras strikes light oil in Colombia block
2010/03/11 - 03:05PM EST
SAO PAULO, March 11 (Reuters) - Brazilian state-run oil companyPetrobras said Thursday it found light oil in itsexploratory block in the Llanos basin in Colombia.
UPDATE 1-Baytex Energy Trust Q4 profit misses Street
2010/03/11 - 02:59PM EST
BTE_U.TO
March 11 (Reuters) - Canadian heavy oil producer BaytexEnergy Trust reported lower-than-expected quarterlyprofit, mainly on higher royalties and expenses that offsetimprovements in oil prices.
UPDATE 1-Delta Petroleum Corp Q4 loss narrows
2010/03/11 - 02:44PM EST
March 11 (Reuters) - Independent oil and gas company DeltaPetroleum Corp posted a narrower fourth-quarter loss,helped by fewer impairments recorded in 2009, and offshorelitigation gains.
Ormen Lange power plant back at full power Friday
2010/03/11 - 02:37PM EST
OSLO, March 11 (Reuters) - Shell Energy Europe, a unit ofRoyal Dutch Shell , said its 200 Megawatt power plantsupplying the Ormen Lange gas field and processing plant inNorway would return to full strength on Friday after a shutdown.
US STOCKS-Futures point lower on jobless data, China CPI
2010/03/11 - 02:08PM EST
BP SFD D C
* Devon jumps after deal to sell fields to BP for $7 bln
UPDATE 1-Indian Oil starts naphtha cracker in north India
2010/03/11 - 01:03PM EST
NEW DELHI, March 11 (Reuters) - Indian Oil Corp onThursday started a naphtha cracker, its first such plant atPanipat refinery, its director for refineries said, a movewhich will help IOC make value-added products from surplusnaphtha.
US STOCKS-Futures down on Chinese CPI, ahead of jobless data
2010/03/11 - 12:49PM EST
D C BP AIG
* Futures down: Dow 14 pts, S&P 2.2 pts, Nasdaq 3.5 pts

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