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GLOBAL MARKETS-Dollar strengthens, denting oil and gold; stocks stall
Reuters* Dollar firm after G7 backs Japan's easing efforts * Dollar hits 4-1/2-year highs versus yen * Oil, gold prices fall on dollar's strength * U.S., European stocks pause at recent highs By Richard Leong NEW YORK, May 13 (Reuters) - The dollar rose...Tags: Stock Activities, CNBC (tv network), Nasdaq Composite, Japan, Stock Market
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GLOBAL MARKETS-Stronger U.S. dollar dents oil, gold; stocks pause
Reuters* Dollar firm after G7 backs Japan's easing efforts * Dollar hits 4-1/2-year highs versus yen * Oil, gold prices fall on dollar's strength * U.S., European stocks stall at recent highs By Richard Leong NEW YORK, May 13 (Reuters) - The dollar...Tags: Stock Activities, Environmental Issues, Casino and Gambling Industry, CNBC (tv network), China
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MOVES- Marsh, BNP Paribas, BDO
ReutersMay 13 (Reuters) - The following financial services industry appointments were announced on Monday. To inform us of other job changes, email to moves@thomsonreuters.com. MARSH & MCLENNAN CO Marsh, the insurance broking and risk-management unit of...Tags: KPMG, North America, St. Louis, U.S. Bancorp, Japan
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COMMODITIES-Oil, gold down most in 2 weeks; corn, copper rise
Reuters* Brent oil loses 1 pct on lighter U.S./China demand * Gold down similarly on stronger dollar, retail sales * Corn and copper rally, helping CRB to a steady close By Barani Krishnan NEW YORK, May 13 (Reuters) - Oil prices dropped their most in two...Tags: Thomson Corporation, Environmental Issues, Foreign Exchange Market, Stamford, Upstream Oil and Gas Activities
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Petrobras 6-part deal to buoy US high-grade issuance
ReutersBy John Balassi NEW YORK, May 13 (IFR) - Although stock futures are in the red Monday morning after a big run last week and weaker-than-expected Chinese economic data, the issuance trend in the credit markets should continue -- supported by investors...Tags: Economy, Business and Finance, DAX, Finance, European Union, Citigroup Incorporated
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Nikkei hits new 5-1/2-year high on weak yen; financials, exporters lead
ReutersTOKYO (Reuters) - Japan's Nikkei share average surged to a fresh 5-1/2-year high on Monday as the weakening yen further bolstered exporters, while brokerage shares attracted buyers who see growing volume bringing in much more fee income. The benchmark...Tags: Economy, Business and Finance, Sony Corp., Earnings Forecasts, Manufacturing and Engineering, Electronics
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FEATURE-Weak U.S. labor market awaits Class of 2013
ReutersBy Lucia Mutikani WASHINGTON, May 11 (Reuters) - Stacey Kalivas should be celebrating her graduation from college later this week. Instead, the 22 year-old is getting ready to move back home with broken dreams and in debt. Kalivas is a member of the...Tags: The Pennsylvania State University, Economy, Business and Finance, Wage Contract Issues, Finance, Employment
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BT, Arcelor lead European shares to fresh peaks
Reuters* FTSEurofirst 300 up 0.5 pct, hits fresh 5-yr highs * ArcelorMittal, BT, Generali results beat expectations * Yen weakness seen hurting some exporters By Toni Vorobyova LONDON, May 10 (Reuters) - European equities scaled fresh five-year highs on...Tags: Federal Reserve, Economy, Business and Finance, Earnings Forecasts, Finance, Germany
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Nikkei soars to a 5-1/2 year high as dollar sails past 100 yen
ReutersTOKYO (Reuters) - Japanese shares climbed to a 5-1/2 year high on Friday as the U.S. dollar broke through the elusive 100-yen mark and extended its gains, with exporters and financials leading the charge on prospects of enhanced corporate earnings. The...Tags: Economy, Business and Finance, Sony Corp., Finance, Earnings Forecasts, Suzuki Motor Corp.
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MOVES-Blackstone Group, Goldman Sachs, BNP Paribas Securities
ReutersMay 9 (Reuters) - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email to moves@thomsonreuters.com. BLACKSTONE GROUP LP The world's largest alternative asset manager hired former...Tags: Economy, Business and Finance, Deutsche Bank AG, Finance, Goldman Sachs Group, Inc., Barclays PLC
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U.S. RESEARCH ROUNDUP: Yahoo, News Corp, Rackspace, Groupon, LivePerson
ReutersMay 9 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Yahoo and News Corp, on Thursday. HIGHLIGHTS * Yahoo : Raymond James raises price target to $30 from $27; rating outperform...Tags: Franklin Resources Incorporated, Finance, Dendreon Corporation, Gulfport Energy Corporation, Global Hunter Corporation
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INSIGHT-Bangalore on Tagus? Portugal outsourcing gets reforms boost
Reuters* Outsourcing sector defies recession in Portugal * Global leaders in Portugal, Portuguese firms expand abroad * Bailout reforms, incentives to benefit outsourcing firms * Language skills, location, networks are key advantages By Andrei Khalip...Tags: Economy, Business and Finance, Lisbon (Portugal), Angola, Finance, Romania
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