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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: Best Buy Co., Inc., Morgan Stanley Dean Witter & Company, Natural Resources, Electronic Arts Inc., Analog Devices Incorporated
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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: Robin Williams, Financial Markets, Federal Reserve, Employment Opportunities, Stock Market
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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: Prescription Drugs, Morgan Stanley Dean Witter & Company, Buyback, Economy, Business and Finance, Drugs and Medicines
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Merck signs $5 bln share buyback agreement with Goldman Sachs
ReutersMay 21 (Reuters) - Merck & Co Inc said it has entered into a $5 billion share repurchase agreement with Goldman Sachs Group Inc, as the drug giant looks to prop up shareholder value in face of stiff competition from makers of less-costly generics....Tags: Stock Activities, Loans, Buyback, Derivative Securities, Asthma
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RPT-Temasek raises stake in ICBC to 7.04 percent
ReutersHONG KONG, May 22 (Reuters) - Temasek Holdings (Private) Ltd increased its stake in Industrial and Commercial Bank of China (ICBC) from 6.71 to 7.04 percent, according to a regulatory filing the Singaporean investment fund made on Tuesday in Hong Kong....Tags: Hong Kong
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Five deals in US HY market as issuers rush in ahead of holiday
ReutersBy Joy Ferguson NEW YORK, May 21 (IFR) - Five new deals launched in the US high-yield market on Tuesday as issuers rush in ahead of the extended holiday weekend. "It'll be a sprint to Memorial Day," said one syndicate manager. So far, the heavy...Tags: Morgan Stanley Dean Witter & Company, Loans, Prices, Economy, Business and Finance, Finance
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Acciones EEUU operan con pocos cambios, papeles de Home Depot impulsan al Dow Jones
Reuters(Actualiza cotizaciones) Por Rodrigo Campos NUEVA YORK, mayo 21 (Reuters) - Las acciones estadounidenses registraban pocos cambios en las primeras operaciones del martes, cotizando con leves bajas, mientras los inversores esperaban por un discurso que...Tags: The Home Depot, Ben Bernanke, Stock Market, JPMorgan Chase & Co., Nasdaq Composite
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GLOBAL MARKETS-Shares edge higher but crude oil weakens
Reuters* Investors looking for clarity on Fed stimulus program * Dollar index firmer, but down from near 3-year high * Yen dips after Japanese minister says seeks 'balance' for currency * Commodities fall, gold and oil weaker on the day By Ryan Vlastelica...Tags: Nikkei, Financial Markets, Casino and Gambling Industry, Finance, Stock Market
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US court studies wiretaps in ex-Goldman director's insider case
Reuters* Rajat Gupta says wiretaps improperly admitted at trial * Gupta's 2-year prison term on hold while he appeals * 2nd Circuit panel hears oral arguments in appeal By Nate Raymond NEW YORK, May 21 (Reuters) - Lawyers for former Goldman Sachs Group Inc...Tags: Judges, Warren Buffett, Rajat Gupta, Prisons, Raj Rajaratnam
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U.S. court studies wiretaps in ex-Goldman director's insider case
ReutersNEW YORK (Reuters) - Lawyers for former Goldman Sachs Group Inc board member Rajat Gupta sought to reverse his insider-trading conviction on Tuesday, arguing that wiretap evidence used by the prosecution should not have been introduced at trial....Tags: Judges, Warren Buffett, Rajat Gupta, Prisons, Raj Rajaratnam
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Wall St avanza, Home Depot y JP Morgan impulsan al Dow
ReutersPor Leah Schnurr NUEVA YORK, 21 mayo (Reuters) - Las acciones subÃan el martes en la bolsa de Nueva York gracias a un máximo histórico intradiario de Home Depot que impulsaba al promedio Dow Jones, aunque los inversores mostraban cautela un dÃa antes...Tags: The Home Depot, Financial Markets, Ben Bernanke, Stock Market, JPMorgan Chase & Co.
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GLOBAL MARKETS-Shares edge higher, S&P 500 at fresh all-time high
Reuters* Investors looking for clarity on Fed stimulus program * Dollar index firmer but down from near three-year high * Yen dips after Japan minister says seeks 'balance' for currency * Commodities fall, gold and oil weaker on the day By Ryan Vlastelica...Tags: Nikkei, The Home Depot, Stock Activities, Financial Markets, Foreign Exchange Market
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