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ANALYSIS-As US economy strengthens, a bonds sell-off may beckon
ReutersBy Ellen Freilich NEW YORK, May 22 (Reuters) - The U.S. government bond market has weakened in recent weeks but some investment strategists fear that this may only be the beginning of an extended sell-off. They point to the relative strength of the U.S....Tags: Consumer Confidence, U.S. Congress, Bonds, Ben Bernanke, Federal Reserve
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U.S. RESEARCH ROUNDUP: Bristol-Myers, BlackBerry, NetApp, Home Depot
ReutersMay 22 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Carnival Corp and Bristol-Myers, on Wednesday. HIGHLIGHTS * Bristol-Myers Squibb : Citigroup raises to buy from neutral *...Tags: Morgan Stanley Dean Witter & Company, ARM Holdings Plc, Natural Resource Industry, Analog Devices Incorporated, Terex Corporation
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Analysis: As economy strengthens, a bonds sell-off may beckon
ReutersNEW YORK (Reuters) - The U.S. government bond market has weakened in recent weeks but some investment strategists fear that this may only be the beginning of an extended sell-off. They point to the relative strength of the U.S. economy with the labor...Tags: Consumer Confidence, U.S. Congress, Bonds, Ben Bernanke, Federal Reserve
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Pfizer to spin off Zoetis stake to shareholders
Reuters(Reuters) - Pfizer Inc said on Wednesday it will spin off its majority stake in animal health business Zoetis Inc to shareholders by allowing them to swap Pfizer stock for Zoetis shares at a 7 percent discount. Pfizer, the largest U.S. drugmaker, sold...Tags: Economy, Business and Finance, Morgan Stanley Dean Witter & Company, Patents, Copyrights and Trademarks, Prescription Drugs, Drugs and Medicines
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INSIGHT-No more easy pickings in Russia's banking market
Reuters* Domestic players Sberbank, VTB are hard to beat * Foreign banks have made mistakes in Russia's retail market * Russia remains under-banked compared to BRICs * Investment banks are here to stay By Megan Davies MOSCOW, May 22 (Reuters) - Foreign...Tags: Privatization, Economy, Business and Finance, Morgan Stanley Dean Witter & Company, Banking, Investments
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Merck anuncia acuerdo de recompra acciones por 5.000 mln dlrs con Goldman Sachs
Reuters(Reuters) - Merck & Co Inc dijo que entró en un acuerdo de recompra de acciones por 5.000 millones de dólares con Goldman Sachs Group Inc, en momentos en que el gigante farmacéutico busca apuntalar el valor de los accionistas frente a la dura...Tags: Merck & Company Incorporated
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BNY Mellon to add up to 100 positions at wealth management unit
ReutersMay 22 (Reuters) - BNY Mellon Corp, the world's largest custody bank, said it would add up to 100 positions at its wealth management unit, expanding the sales force at the unit by 50 percent in the next two years. Banks such as Morgan Stanley and Goldman...Tags: Morgan Stanley Dean Witter & Company, Global Expansion
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US STOCKS-Futures tick higher ahead of Bernanke testimony
Reuters* Saks rallies on report it is mulling sale * Bernanke seen hitting dovish note in testimony * Futures up: Dow 17 pts, S&P 2 pts, Nasdaq 5 pts NEW YORK, May 22 (Reuters) - U.S. stock index futures edged up in thin trading Wednesday, ahead of highly...Tags: The Home Depot, NASDAQ, Ben Bernanke, Federal Reserve, Money and Monetary Policy
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Futuros de acciones de EEUU suben a la espera de testimonio de Bernanke
ReutersNUEVA YORK, mayo 22 (Reuters) - Los futuros de las acciones estadounidenses subÃan el miércoles en medio de pocas operaciones antes de un esperado testimonio frente al Congreso del presidente de la Reserva Federal, Ben Bernanke, respecto a la economÃ...Tags: Ben Bernanke, Stock Market, S&P 500, Saks Inc.
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WRAPUP 1-Bernanke expected to stay the course on Fed policy
ReutersBy Jonathan Spicer NEW YORK, May 22 (Reuters) - Federal Reserve Chairman Ben Bernanke is not expected to hint at a pending policy change when he testifies before the U.S. Congress on Wednesday despite some speculation among investors that the central...Tags: U.S. Congress, Bonds, Federal Reserve, Central Bank, Labor Markets
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FACTBOX-Foreign banks in Russia
ReutersMay 22 (Reuters) - Foreign banks that once treated Russia as an undiscovered country where easy money could be made are now finding it a cut-throat market tougher than some bargained for. To follow is some background about foreign banks in Russia:...Tags: Mikhail Prokhorov, Investment Service, Banking, Investments, JPMorgan Chase & Co.
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Insight: No more easy pickings in Russia's banking market
ReutersMOSCOW (Reuters) - Foreign banks that once treated Russia as virgin land where easy money could be made are now finding it a cut-throat market tougher than some bargained for. While players such as Citi and Austria's Raiffeisen thrive, many have found...Tags: Economy, Business and Finance, Privatization, Morgan Stanley Dean Witter & Company, Banking, Igor (movie)
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