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JPM
Low Trading Revenue Likely To Weigh On JPMorgan s Q1
By JPMorgan Chase Co NYSE JPM the nation s biggest bank by assets is expected to report a 11 2 percent decrease in earnings per share in the first quarter of the year as a result of lower trading activities through February The New York based bank will report first quarter earnings on Friday before markets ope...
JPM
JPMorgan Earnings Disappoint Investors
By Just call the beginning of the more modest trading revenue era J P Morgan Chase Co NYSE JPM reported a far weaker than expected quarterly profit as revenue from securities trading fell in a climate of uncertainty about the strength of the economic recovery and the Federal Reserve s intentions on interest rat...
BMY
Infinity INFI Reports Narrower than Expected Loss In Q4
Infinity Pharmaceuticals Inc NASDAQ INFI reported a loss of 14 cents per share in fourth quarter 2017 narrower than the Zacks Consensus Estimate of a loss of 27 cents The company had reported a loss of 46 cents in the year ago quarter Since Infinity does not have any approved product in its portfolio the comp...
BMY
Exelixis Cabometyx Gets Positive CHMP Opinion In Europe
Exelixis Inc s NASDAQ EXEL European partner Ipsen received a positive opinion from the Committee for Medicinal Products for Human Use CHMP for the use of Cabometyx cabozantinib 20 mg 40 mg and 60 mg for the first line treatment of adults with intermediate or poor risk advanced renal cell carcinoma RCC T...
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UPDATE 3 German official says recession may have ended
Government official says Q2 GDP may be flat or show growth Trade surplus at highest since December 2008 Exports rise imports fall Second monthly rise in exports over eight month period Recasts adds background By Brian Rohan BERLIN July 9 Reuters A string of positive developments has cast a new ...
WMB
Massive mural of Greta Thunberg stares down at San Francisco
By Saif Tawfeeq SAN FRANCISCO Reuters A massive portrait of Greta Thunberg gazed down onto San Francisco on Tuesday night after an artist unveiled a mural of the Swedish teen activist in a bid to remind residents of the dangers posed by climate change The 60 foot tall 30 foot wide 18 by 9 meter mural was reveal...
WMB
Fed not focused on daily ups downs of trade deal Williams
SAN FRANCISCO Reuters The U S Federal Reserve will not make policy based on day to day developments in U S China trade policy or on Britain s exit from the European Union a U S central banker said on Thursday in part because businesses do not make their decisions that way either For me it s not about the up...
WMB
Morales lost Bolivia after shock mutiny by police
By Gram Slattery LA PAZ Reuters Last Friday night with Bolivia s most important city paralyzed by demonstrations against leftist President Evo Morales the police unit tasked with securing the presidential palace met to help decide the nation s future Bolivia for weeks had been gripped by violent protests after M...
WMB
Witnesses in the Trump impeachment inquiry
Reuters Witnesses have testified behind closed doors and in public in the Democratic led U S House of Representatives impeachment inquiry into whether Republican President Donald Trump abused the power of his office when he sought foreign interference against a political rival Following are witnesses scheduled fo...
WMB
Tenuous truce in Gaza as Islamic Jihad Israel differ on terms
By Nidal al Mughrabi and Dan Williams NYSE WMB GAZA JERUSALEM Reuters Palestinian militant group Islamic Jihad and Israel declared a halt to hostilities across the Gaza Strip border on Thursday but a lasting ceasefire appeared tenuous as they differed on terms Islamic Jihad said an Egyptian mediated truce went ...
WMB
NBA roundup Clippers fall in George s debut
Jrue Holiday scored 36 points as the host New Orleans Pelicans spoiled Paul George s Clippers debut with a 132 127 victory over Los Angeles on Thursday night Holiday broke out of a shooting slump to outduel George who returned from offseason surgery on both shoulders to score 33 points in 24 minutes Frank Jackson ad...
WMB
Euro Recovery Odds Seen Rising on Signs of Stabilizing Economy
Bloomberg Investors awaiting signs whether the euro is ready to stage a comeback will be closely watching next week s regional manufacturing report The preliminary data due next Friday will help investors bet whether Europe is heading for a more robust recovery or conclude that recent positive signals were sho...
WMB
Staff exodus hits top U S transgender group on eve of 2020 election campaign
By Daniel Trotta Reuters A majority of employees have left the leading U S transgender advocacy group amid a failed attempt to oust its leader with many expressing frustration over the organization s lack of minority hiring and outreach The exodus at the National Center for Transgender Equality takes place as th...
WMB
Pence aide said Trump s Ukraine phone call was unusual and inappropriate
By Jan Wolfe and Nandita Bose WASHINGTON Reuters The phone call between U S President Donald Trump and his Ukrainian counterpart at the center of Congress impeachment investigation was inappropriate an aide to Vice President Mike Pence told lawmakers according to a transcript released on Saturday Jennifer Wi...
BMY
Is A Beat In The Cards For Celldex CLDX In Q4 Earnings
We expect Celldex Therapeutics Inc NASDAQ CLDX to beat expectations when it reports fourth quarter 2017 results next month Its performance has been encouraging as it beat estimates in three of the trailing four quarters and met the same in one delivering an average positive surprise of 15 36 In the last repor...
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UPDATE 4 Rio sells American food packaging unit for 1 2 bln
Sale to U S firm Bemis Co includes at least 1 bln cash Sources says Amcor still in race for other assets Rio shares down in weak metals market Bemis shares gain Recasts adds analyst s comment updates share prices By Denny Thomas and Euan Rocha SYDNEY TORONTO July 6 Reuters Global miner Rio Tint...
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ANALYSIS South Africa s unions likely to step up strikes
COSATU likely to increase pressure on government Unions want payback for helping Zuma to power More strikes expected economy likely to suffer By Marius Bosch JOHANNESBURG July 6 Reuters South Africa s powerful trade unions will continue to escalate strike action endangering key sectors in an economy ...
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GLOBAL MARKETS Asia stocks up on tech but recovery doubts dog
Asia stocks edge up 0 4 pct tech gives a boost RBA keeps rates steady Aussie edges up Yen holds gains as higher yielding currencies cut JGBs extend long rally yields pushed to 3 mth low By Eric Burroughs HONG KONG July 7 Reuters Asian stocks edged up slightly on Tuesday but struggled after a slide ...
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RPT GLOBAL MARKETS Asia stocks up but recovery doubts dog
Asia stocks edge up 0 4 pct tech gives a boost RBA keeps rates steady Aussie edges up Yen holds gains as higher yielding currencies cut JGBs extend long rally yields pushed to 3 mth low Repeats to additional subscribers By Eric Burroughs HONG KONG July 7 Reuters Asian stocks edged up slightly on...
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Shift seen in microfinance risk factors survey
Credit risk tops microfinance concerns Financial crisis is first major stress test for MFIs By Daniel Bases NEW YORK July 8 Reuters The global financial crisis that developed in rich nations is leaving practically no corner of the financial world unscathed including microfinance the small scale financial se...
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TABLE Top 25 risks for microfinance survey
July 8 Reuters The risk factors for the microfinance institutions MFI s are shifting to credit risk and market liquidity from management quality and corporate governance as a result of the global financial crisis a new survey shows The fast growing providers of small scale financial services to the world s poo...
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Reuters Summit Japan s SMFG sees Y40 bln from Nikko buy
TOKYO July 8 Reuters Sumitomo Mitsui Financial Group expects its acquisition of Citigroup s Japanese brokerage to contribute as much as 40 billion yen 424 million a year to its earnings the president of Japan s third largest bank said on Wednesday The bank will also discuss the details of a possible alliance...
WMB
NBA roundup Celtics lose Hayward keep win streak going
Jaylen Brown scored 30 points and Kemba Walker added 26 as the Boston Celtics overcame a first half injury to Gordon Hayward to reach a season high in points in beating the Spurs 135 115 Saturday night for a rare victory at San Antonio Jayson Tatum had 19 points Marcus Smart had 16 and Robert Williams NYSE WMB III ...
WMB
UK building sector hit by surge in insurance costs after Grenfell fire
By Carolyn Cohn LONDON Reuters Two years after a fire killed 71 people at London s Grenfell Tower insurance premiums for building contractors architects and surveyors have surged by as much as several hundred percent risking future projects industry sources say Combustible materials used to refurbish Grenfell ...
WMB
Maduro s military stands in the way of a Bolivia repeat in Venezuela
By Brian Ellsworth and Vivian Sequera CARACAS Reuters Venezuelan opposition leaders looking to oust their country s socialist government can perhaps take some hope from the resignation of its leftist ally in Bolivia President Evo Morales on Sunday after weeks of street protests But one key factor makes the Boliv...
WMB
NFL notebook Stafford says Lions right to sit him on Sunday
Matthew Stafford was scratched with a back injury by the Detroit Lions before Sunday s game at Chicago and the NFL is looking into when the team knew its quarterback wouldn t be able to go against the Bears per multiple reports on Monday Stafford was hurt late in the Week 9 loss to Oakland according to general mana...
WMB
Not a given that Mercedes will stay in F1 says Wolff
LONDON Reuters Champions Mercedes are likely to stay in Formula One after major changes come into play in 2021 but that cannot be taken for granted team principal Toto Wolff said on Tuesday The German carmaker s factory team have won both the constructors and drivers championships for an unprecedented six years...
WMB
U S House panel to hold impeachment hearings next week
WASHINGTON Reuters The U S House of Representatives Intelligence Committee will hold public hearings for three days next week in its impeachment inquiry of President Donald Trump the panel s chairman Representative Adam Schiff said on Tuesday The witnesses for the committee s hearings on Tuesday Wednesday and...
JPM
JP Morgan posts Q4 adjusted EPS of USD1 40 vs USD1 37 estimate
Investing com JP Morgan Chase the largest U S bank reported better than expected fourth quarter earnings and revenue ahead of Tuesday s opening bell Earlier in the day in its fourth quarter earnings report JP Morgan said adjusted earnings per share came in at USD1 40 compared to expectations for USD1 37 a share ...
JPM
Obama Won t Be Rushed Into Keystone Pipeline Decision
By President Barack Obama will wait at least 90 days to decide whether to approve the Keystone XL pipeline a Wall Street analyst says after the State Department released a report Friday that concludes the oil transport project wouldn t significantly increase carbon pollution one of Obama s main concerns Obama sa...
JPM
Gold Dealers May Avoid Bitcoin On Regulatory Fears
By Precious metals dealers may avoid accepting bitcoin in payment for gold thanks to regulatory uncertainty according to industry insiders That s despite a warm welcome from some gold retailers who will happily trade one of the world s oldest and most recognizable currencies for a volatile upstart on the global f...
BMY
Will Cabometyx Fuel Exelixis EXEL Earnings In Q4 Again
Exelixis Inc NASDAQ EXEL is scheduled to report fourth quarter 2017 results on Feb 26 after market closes The company has an outstanding earnings surprise history having surpassed expectations in the trailing four quarters with an average of 572 9 Exelixis Inc Price and Consensus Exelixis shares ha...
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Nikkei drops 1 pct after US jobs Seven I slides
Nikkei dips below 25 day moving average Retail stocks tumble after Seven I Q1 profit decline Drop limited compared to fall in U S shares Trading volume light By Masayuki Kitano TOKYO July 3 Reuters Japan s Nikkei stock average fell 1 percent on Friday after bleak U S jobs data revived caution abo...
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UPDATE 1 Euro zone May retail sales fall more than expected
Adds analyst views background details By Darren Ennis BRUSSELS July 3 Reuters Euro zone retail sales fell further than expected in May data showed on Friday dampening hopes that an improvement in consumer spending might ease the recession Retail sales in the 16 country currency area fell 0 4 percent mont...
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COLUMN UK mobile merger may benefit losing bidders Eric Auchard
Eric Auchard is a Reuters columnist The opinions expressed are his own By Eric Auchard LONDON July 3 Reuters Major players in Britain s highly competitive wireless market face a prisoner s dilemma when deciding whether to bid for T Mobile UK Though a merger would be expected to produce big savings and...
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UPDATE 4 Trade assistance could reignite growth help the poor
U N secretary general says trade can stimulate recovery WTO says trading environment has worsened dramatically World Bank IMF says exporters must be ready for rebound OECD sees less financing stress Standard Chartered upbeat Adds quotes from OECD Standard Chartered interviews By Laura MacInnis GEN...
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UPDATE 2 Rio sells American food packaging assets for 1 2 bln
Sale to U S firm Bemis Co includes at least 1 bln cash Rio may write down rest of non aluminium Alcan assets Sources says Amcor still in race of other packaging assets Rio shares down 2 2 pct in soft market Adds background quote By Denny Thomas SYDNEY July 6 Reuters Global miner Rio Tinto furthe...
WMB
NBA notebook League reportedly OK that Leonard sits
Los Angeles Clippers star forward Kawhi Leonard wasn t scheduled to play Wednesday night in a much anticipated nationally televised showdown with the Milwaukee Bucks Giannis Antetokounmpo and the NBA doesn t have a problem with it according to an ESPN report The Clippers listed Leonard on the injury report with a k...
WMB
NBA roundup 76ers lose game to Jazz Simmons to injury
Donovan Mitchell recorded 24 points eight assists and five rebounds to lead the Utah Jazz to a 106 104 victory over visiting Philadelphia on Wednesday night at Salt Lake City on a night the 76ers lost guard Ben Simmons to a shoulder injury Bojan Bogdanovic added 20 points six rebounds and five assists and Joe Ingle...
WMB
Rugby All Blacks Williams agrees to join Toronto Wolfpack
By Frank Pingue TORONTO Reuters New Zealand center and twice World Cup winner Sonny Bill Williams NYSE WMB has agreed to join the Toronto Wolfpack rugby league team ahead of their debut in England s top tier Super League next year the Canadian side said on Thursday The move marks a fourth code switch for 34 yea...
WMB
Motor racing Chadwick feels F1 is further away the closer she gets
By Alan Baldwin LONDON Reuters W Series champion Jamie Chadwick has taken a step closer to Formula One this year but her dream of one day competing at the pinnacle of motor racing feels further away than ever The Briton who collected 500 000 for winning the inaugural all female single seater title celebrated he...
WMB
NFL notebook Brown vents frustration on Twitter
Antonio Brown let loose with a profanity filled tweet aimed at the NFL on Thursday one week before he is scheduled to meet with the league to discuss the investigation into allegations of sexual assault and rape made against the wide receiver in a civil suit earlier this year Imagine conforming to a system giving it...
WMB
U S diplomat says Giuliani waged campaign of lies against envoy to Ukraine
By Patricia Zengerle and Richard Cowan WASHINGTON Reuters A top U S diplomat told congressional investigators that President Donald Trump s personal attorney Rudy Giuliani conducted a campaign full of lies against the U S ambassador to Ukraine before she was recalled from her post according to a transcript of ...
WMB
NBA roundup Clippers rally past Blazers for Rivers 900th win
Kawhi Leonard scored 27 points and grabbed 13 rebounds and the Los Angeles Clippers rallied from an eight point fourth quarter hole to defeat the visiting Portland Trail Blazers 107 101 on Thursday night Lou Williams NYSE WMB scored 26 points and recorded eight assists while Montrezl Harrell and Ivica Zubac each s...
WMB
NFL notebook Mahomes to start vs Titans
Kansas City Chiefs star quarterback Patrick Mahomes will return from a two game absence to start Sunday against the Tennessee Titans coach Andy Reid announced Friday Reid told reporters that Mahomes would play unless something happens prior to the game against the Titans in Nashville Tenn The Chiefs split two gam...
WMB
NY Fed s Williams says economy is in a good place monetary policy well positioned
NEW YORK Reuters New York Federal Reserve President John Williams NYSE WMB said on Friday the U S economy is in a good place reiterating his view that the interest rate cuts made this year should appropriately address the potential risks of the trade war with China and a global economic slowdown I think monet...
JPM
Gold futures fall on dollar strength Greek political progress
Investing com Gold futures were lower in European trade on Friday as Greek political progress and a stronger greenback dampened demand for the precious metal On the Comex division of the New York Mercantile Exchange Gold futures for June delivery traded at USD1582 55 a troy ounce falling 0 81 It earlier traded ...
JPM
U S stocks trade higher on consumer sentiment Dow up 0 22
Investing com U S shares traded higher Friday despite a huge USD2 billion trading loss at JP Morgan Chase depressIing equities as positive consumer sentiment turned stocks higher in early trade Near the open of U S trade the Dow Jones Industrial Average gained 0 22 the S P 500 up 0 12 while the Nasdaq Comp...
JPM
Euro shares higher on U S confidence Greek hopes DAX up 0 95
Investing com European shares closed mostly higher Friday as U S consumer sentiment gave a bullish surprise and Greek political progress triggered the risk on trade At the close of European trade the EURO STOXX 50 closed higher by 0 32 France s CAC 40 slipped 0 01 and Germany s DAX soared 0 95 Meanwhile ...
JPM
Gold futures Weekly outlook May 14 18
Investing com Gold futures posted their worst weekly losses of the year last week as growing concerns over political uncertainty in Greece boosted the U S dollar while a wave of technical selling further weighed On the Comex division of the New York Mercantile Exchange gold futures for June delivery settled at US...
JPM
Crude oil futures Weekly outlook May 14 18
Investing com Crude oil prices settled at their lowest level since the start of the year on Friday as concerns over a slowdown in global oil demand mounted following disappointing Chinese economic data and amid ongoing worries over political uncertainty in Greece On the New York Mercantile Exchange light sweet cru...
JPM
Grain futures Weekly outlook May 14 18
Investing com U S grain futures ended the week sharply lower on Friday with soybeans plunging more than 3 and corn hitting a 7 month low as growing concerns over the health of the global economy prompted investors to cut their exposure to riskier assets Agricultural commodities were affected by broader market risk...
JPM
JP Morgan Q4 earnings rise more than expected
Investing com JP Morgan Chase the largest U S bank reported better than expected fourth quarter earnings and revenue ahead of Wednesday s opening bell Earlier in the day in its fourth quarter earnings report JP Morgan said earnings per share came in at USD1 39 compared to expectations for USD1 22 a share Net inc...
BMY
Bristol Myers BMY Beats On Q4 Earnings Eliquis Impresses
Bristol Myers Squibb Company s NYSE BMY fourth quarter 2017 earnings of 68 cents per share beat the Zacks Consensus Estimate of 67 cents and came ahead of the year ago quarter earnings of 63 cents Moreover total revenues of 5 45 billion surpassed the Zacks Consensus Estimate of 5 31 billion and increased from ...
BMY
This Pharma Stock Broke Its 200 DMA
Believe it or not technical charts are the key to making money in this volatile trading environment While many leading industry groups are now in correction territory it is critical for traders and investors to know where the major support levels are for individual stocks Watch This Price One stock that has decline...
BMY
Exelixis Reports Positive Data From Thyroid Carcinoma Trial
Exelixis Inc NASDAQ EXEL announced encouraging results from a phase II investigator sponsored trial IST of cabozantinib for the first line treatment of metastatic radioiodine RAI refractory differentiated thyroid carcinoma DTC The trial is being conducted by the Center for Rare Cancers and Personalize...
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Novartis in talks to buy much of Elan report
DUBLIN June 28 Reuters Swiss drugmaker Novartis is in talks to buy parts of Irish peer Elan including its flagship multiple sclerosis products and its Alzheimer s disease pipeline the Sunday Times newspaper said A spokeswoman for Elan said it did not comment on speculation A spokesman for Novartis declined t...
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ANALYSIS Crisis could bring new players to E Europe banking
EU pressure balance sheet cleaning may yield asset sales Prices have dropped to less than twice book value Strong incumbents new entrants seen as buyers Banking landscape will look different in 3 years By Boris Groendahl VIENNA June 29 Reuters Emerging Europe s banking sector is set to offer opp...
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UPDATE 3 S Korea output investment data lifts rate outlook
May factory output investment surprisingly strong July manufacturing business confident at 13 month high Private export outlook index rises after 1 year slump Investors price in higher chances of an interest rate rise Adds details analyst comment By Yoo Choonsik and Seo Eun kyung SEOUL June 30 Reute...
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UPDATE 1 Mexico s Cemex wants to extend debt to 2014
Adds details quote background MONTERREY Mexico June 30 Reuters Mexico s Cemex the world s No 3 cement company said on Tuesday it asked its creditors to extend 14 5 billion in bank debt to 2014 Cemex which took on short term loans to pay for its 2007 takeover of Australia s Rinker faces 4 1 billion...
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COLUMN Reining in Lloyds Peter Thal Larsen Paul Taylor
Peter Thal Larsen and Paul Taylor are Reuters columnists The views expressed are their own By Peter Thal Larsen and Paul Taylor LONDON 1 July Reuters Sir Win Bischoff appears to relish a challenge His brief spell as chairman of Citigroup was spent resisting regulators who wanted to break up the bank If ...
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UPDATE 3 US FDA plays down cancer link with Sanofi s Lantus
FDA says studies may be too short to assess risk Questions whether cancer risk truly exists Sanofi shares up 3 1 percent Adds doctor comment in graphs 8 9 By Lewis Krauskopf and Susan Heavey NEW YORK WASHINGTON July 1 Reuters The U S Food and Drug Administration on Wednesday cast doubt on recent st...
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UPDATE 2 Worst of global meltdown is over Fischer
Most economies to see growth by end 2009 early 2010 Recession unemployment will continue By Joseph Nasr EILAT Israel July 2 Reuters The global financial crisis has past its worst stage and most economies could return to growth by the end of 2009 or early next year Bank of Israel Governor Stanley Fisch...
WMB
NFL roundup Jackson Ravens hand Patriots first loss
Lamar Jackson rushed for two touchdowns and passed for one to help the Baltimore Ravens end New England s bid for an undefeated season with a resounding 37 20 victory over the visiting Patriots on Sunday night Jackson completed 17 of 23 passes for 163 yards and rushed for 61 more while Mark Ingram rushed for a season...
WMB
NBA roundup Heat lead by as many as 41 throttle Rockets
The Miami Heat scored a franchise record 46 first quarter points and routed the Houston Rockets 129 100 on Sunday night in Miami The Heat led by as many as 41 points in the first half Miami s 5 1 start is its best since it last won an NBA title in the 2012 2013 season Jimmy Butler Miami s biggest offseason acquisit...
WMB
Giovinazzi staying in unchanged Alfa Romeo lineup for 2020
Reuters Italian Antonio Giovinazzi will stay with Alfa Romeo next season alongside Kimi Raikkonen the Swiss based Formula One team said on Monday The decision to stick with the 25 year old rookie effectively ends any hope of German Nico Hulkenberg who is leaving Renault PA RENA securing a race seat in 2020 ...
WMB
NFL notebook Eagles Jackson set for core surgery
Philadelphia Eagles wide receiver DeSean Jackson is scheduled to undergo surgery Tuesday to repair a core muscle injury the team announced Monday Jackson is expected to miss at least six weeks following the operation which will be performed by Dr William Meyers in Philadelphia according to ESPN The Philadelphia I...
WMB
Horse racing Vow and Declare wins Melbourne Cup thriller
MELBOURNE Reuters Australian stayer Vow and Declare won the 159th running of the Melbourne Cup by a neck at Flemington racecourse on Tuesday with the race overshadowed by a stewards protest and a horse pulling up lame with a cracked pelvis The Danny O Brien trained gelding kicked in the final meters to seal the A...
WMB
NFL notebook Panthers place Newton on IR
The ongoing saga regarding the foot injury of Carolina Panthers quarterback Cam Newton has ended with the veteran going on injured reserve to end his 2019 season For the past seven weeks Cam has diligently followed a program of rest and rehab and still is experiencing pain in his foot Panthers general manager Mar...
WMB
Gold Bounces After Tuesday Slide as Risk Rally Pauses
Investing com Gold prices corrected higher Wednesday after a sharp slide on Tuesday as the rally in risk assets paused for breath in the absence of major fresh news on the U S China trade front Stock markets have hit a succession of new highs in recent days as various reports have talked up the prospect of an int...
WMB
Rugby Sonny who Canadians ask as Wolfpack line up Williams
By Steve Keating TORONTO Reuters The rugby world was buzzing on Wednesday as talk intensified that Sonny Bill Williams NYSE WMB the sport s biggest name was about to sign a record breaking contract with the Toronto Wolfpack At the same time Canadians were asking Sonny who A vast majority of Torontonians know...
JPM
Euro stocks lower on profit taking and Greek unknowns DAX slips 0 07
Investing com European shares dropped from 5 month highs on Greek debt fears and end of week profit taking After the close of European trade the EURO STOXX 50 gave back 0 21 France s CAC 40 dropped 0 13 while Germany s DAX slipped 0 07 Meanwhile in the U K the FTSE 100 fell 0 20 Yesterday yields fell...
JPM
Euro shares mostly higher on U S improvement DAX up 1 19
Investing com European stocks traded mostly higher Wednesday after the Federal Reserve raised its domestic economic opinion and a Fitch upgrade of Greece ignited the risk on trade At the close of European trade the EURO STOXX 50 gained 0 70 France s CAC 40 added 0 40 while Germany s DAX advanced 1 19 Mean...
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UPDATE 2 Segro agrees all share offer for rival Brixton
Segro offer values Brixton at about 107 million pounds Segro will issue shares to raise up to 250 million pounds Brixton shares fall 32 percent Segro down 3 3 percent Adds analyst reaction shares By Paul Sandle LONDON June 22 Reuters Industrial property landlord Segro Plc agreed an all share offe...
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UPDATE 2 Citi gains control of Spanish toll road firm
Expects to control 62 percent of Itinere soon Has option to fully acquire Adds share breakdown MADRID June 23 Reuters Pear Acquisition on behalf of Citi Infrastructure Partners CIP said on Tuesday it had gained control of Spanish Itinere in a cash deal worth 2 87 billion euros 3 98 billion CIP ...
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UPDATE 2 BNY Mellon among 3 bidders for Citi Japan unit Nikkei
Three firms left bidding for Nikko Asset Nikkei BNY Mellon Sumitomo Trust T D are bidding Nikkei Deal seen likely to top 1 billion sources By Chikafumi Hodo TOKYO June 24 Reuters Bank of New York Mellon Corp Sumitomo Trust Banking Co and insurer T D Holdings Inc are the remaining three contender...
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European Markets Open Higher But Still Lack A Solid Direction
The Forex Trader PortalCurrent Futures Dow 5 00 S P 0 30 NASDAQ 2 25European markets showed some slight signs of buying strength near to the opening bell but then quickly retraced back to the break even line as investors continue to question the March May 09 rally European markets posted small gains in the fir...
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Miners pull FTSE up 0 2 pct defensives weak
Miners rise with metal prices Defensive issues weak led by drugs tobaccos Oils fall back with crude price By Jon Hopkins LONDON June 24 Reuters Britain s leading share index was 0 2 percent higher mid session on Wednesday as gains from heavyweight miners and banks offset weakness in defensive issues ...
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Libyan rebels seek 2 3 bln in foreign loans
BENGHAZI May 3 Reuters Libya s rebel leadership expects foreign powers to lend it 2 3 billion secured against frozen Libyan state assets held abroad a rebel finance official said on Tuesday Ali Tarhouni who heads the rebel national council s finance committee said he expects France Italy and the United Stat...
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UPDATE 2 Porsche set to give Volkswagen stake to Qatar sources
Porsche ready to surrender VW share options sources Deal would allow marriage of VW and Porsche Qatar attention shifts to Volkswagen as Porsche skids Volkswagen stock closes up almost 12 percent Adds shares By John O Donnell Edward Taylor and Arno Schuetze FRANKFURT June 24 Reuters Porsche is ...
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European investment banks prosper in Q2
Fixed income continues buoyant start to year Equity debt issuance also strong high margins help Credit Suisse Barclays Deutsche Bank seen Europe winners Could accelerate return of big bonuses for top dealmakers By Steve Slater LONDON June 24 Reuters Europe s investment banks are expected to deli...
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Nikkei to head higher may try 10 000
TOKYO June 26 Reuters Japan s Nikkei average is set to rise on Friday and may test the key 10 000 level again boosted by reassuring news about the U S economy while resource linked shares are likely to benefit from stronger oil prices Nippon Oil Corp may be in focus after a newspaper reported that it and othe...
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UPDATE 1 Sumitomo Trust likely buyer of Nikko Asset Nikkei
Adds companies declining to comment TOKYO June 26 Reuters Sumitomo Trust and Banking is in final talks to buy Citigroup s asset management arm in Japan for more than 100 billion yen 1 billion the Nikkei business daily reported on Friday Sumitomo Trust has outbid U S based Bank of New York Mellon Corp and ...
WMB
NBA roundup Rockets win Westbrook s first game vs Thunder
James Harden scored a game high 40 points and Russell Westbrook playing against his former team for the first time finished an assist shy of his second consecutive triple double but it was the two way prowess of PJ Tucker that led the Houston Rockets to a 116 112 win over the visiting Oklahoma City Thunder on Monda...
WMB
Scan will determine Finals fate says Andreescu
By Michael Church HONG KONG Reuters U S Open champion Bianca Andreescu will have a scan on her injured left knee before deciding whether she will continue at the WTA Finals in Shenzhen following her retirement from her match against Karolina Pliskova on Wednesday The 19 year old sustained the injury in the third ...
WMB
NFL notebook Testy Mayfield bolts news conference
Cleveland Browns quarterback Baker Mayfield stormed out of his news conference on Wednesday after getting testy with a local reporter Tony Grossi a reporter for 850 ESPN in Cleveland asked Mayfield about the team s urgency during the final drive of the first half Sunday in a 27 13 loss to the New England Patriots W...
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NBA roundup Curry breaks hand in Warriors loss
Ricky Rubio hit two of Phoenix s five 3 pointers in a 21 0 first quarter run Wednesday as the Suns ran away from Golden State 121 110 in San Francisco on a night when the Warriors lost Stephen Curry to a broken left hand With the Warriors already down 83 54 in the fourth minute of the third period Curry collided wit...
WMB
NFL notebook Williams says Redskins misdiagnosed cancer
Washington Redskins left tackle Trent Williams NYSE WMB ended his silence on Thursday and said he had a soft tissue cancer attached to his skull that went misdiagnosed for close to six years leading to his dispute with the team Williams said he thought he was getting a cyst cut out during the offseason appointment ...
WMB
NBA roundup Leonard Clippers hand Spurs 1st loss of season
Kawhi Leonard had 38 points and 12 rebounds to lead the Los Angeles Clippers to a 103 97 win against the visiting San Antonio Spurs on Thursday night The game marked the third matchup between Leonard and DeRozan since the Spurs traded Leonard to the Toronto Raptors in July 2018 in a deal that brought DeRozan to San An...
WMB
De Beer appointed head of aerodynamics at Renault F1
AUSTIN Texas Reuters The Renault PA RENA Formula One team announced the return of Dirk De Beer as head of aerodynamics on Friday and said an unidentified deputy would also join next year from another team The team said in a statement at the U S Grand Prix that Peter Machin the previous head of aero at the E...
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Friday actor John Witherspoon dies aged 77
Reuters Actor John Witherspoon who starred alongside rapper Ice Cube in the hit Friday comedy movie franchise died on Tuesday at the age of 77 his family said We love you POPS always and forever his family said on his Twitter account referring to another of his roles John Pops Williams NYSE WMB on...
WMB
NBA roundup James Lakers stretch win streak
LeBron James had 39 points 16 assists and 12 rebounds and the Los Angeles Lakers rallied to defeat the host Dallas Mavericks 119 110 in overtime on Friday night the Lakers fourth win in a row James who also had four steals connected on 13 of 23 shots from the floor including 4 of 9 from 3 point range Anthony D...
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Top 25 roundup No 8 Georgia stops No 6 Florida
Jake Fromm threw two touchdown passes and Georgia allowed just 21 rushing yards as the eighth ranked Bulldogs defeated No 6 Florida 24 17 on Saturday in Jacksonville Fla Rodrigo Blankenship kicked three field goals for the Bulldogs 7 1 4 1 who took possession of first place in the Southeastern Conference s East...
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Will Exelixis EXEL Be Able To Carry 17 Momentum In 2018
Shares of Exelixis Inc NASDAQ EXEL have rallied a massive 106 6 year to date compared with the gain of 5 2 Exelixis lead product Cometriq the capsule form of cabozantinib was approved in the United State in 2012 for the treatment of progressive metastatic medullary thyroid cancer In April 2016 a table...
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Exelixis Amends Cabozantinib Tecentriq Phase Ib Trial
Exelixis Inc NASDAQ EXEL announced an amendment to the protocol for the phase Ib trial of cabozantinib combined with Roche Holdings OTC RHHBY Tecentriq in patients with locally advanced or metastatic solid tumors Per the amendment there will be four new expansion cohorts to the trial The cohorts will inclu...
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UPDATE 5 Nomura T D among bidders for Citi Japan unit sources
Nomura T D among bidders for Nikko Asset sources Deal likely to be worth over 1 billion Citi shedding assets in wake of subprime crisis Deal could change asset management landscape analyst By Taro Fuse and Chikafumi Hodo TOKYO June 16 Reuters Investment bank Nomura and insurer T D Holdings are...
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ANALYSIS Deal making revives hiring in Australian banks
M A up 80 pct on deal in the resources sector Australia accounts for half of Asian deals this year Private equity deals may remain slow Senior bankers with strong contacts sought after By Denny Thomas SYDNEY June 16 Reuters Investment bankers are once again a hot commodity in Australia as recoverin...
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HK shares fall for 2nd day China stocks outperform
Ping An falls on doubts about Shenzhen Bank stake buy Commodity linked stocks nailed by weaker oil metal prices HK new listing Lumena soars 19 pct on debut Updates to close By Parvathy Ullatil Claire Zhang HONG KONG SHANGHAI June 16 Reuters Hong Kong shares pulled back 1 8 percent on Tuesday as inv...
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UPDATE 1 Oil stops May euro zone inflation Q1 wages grow
Adds economists comments By Jan Strupczewski BRUSSELS June 16 Reuters A hefty drop in oil costs brought euro zone inflation to its first ever standstill in May data confirmed on Tuesday and economists expect consumer prices to start falling in June But despite the depth of the recession and a sharp rise i...
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REFILE UPDATE 4 BAT eyes Asia boost from 494 mln Indonesia deal
Refiles to correct spelling of Sampoerna in paragraphs 7 8 and 9 and insert Reuters Instrument Code Buys 85 pct of Indonesia s No 4 Bentoel to bid for rest Deal at a 20 pct premium to Monday s close Bentoel shares up 8 pct in Jakarta BAT up 0 2 pct Adds analyst comment background updates shares By...