Business Recorder | Stimulus fears haunt share markets, dollar recovers Reuters By Herbert Lash. NEW YORK | Fri May 24, 2013 11:39am EDT. NEW YORK (Reuters) - Global equity markets slipped on Friday on worries that the U.S. Federal Reserve may curtail its stimulus measures, while the dollar recovered against the euro to trade ... Euro Gains as German Ifo Damps Easing Prospects Euro Gains Second Day Versus Dollar on German Ifo; Yen Advances Pound weakens versus euro following German data |
Archive for the ‘Financial Headlines’ Category
Stimulus fears haunt share markets, dollar recovers - Reuters
Friday, May 24th, 2013US STOCKS-Wall St drops on uncertainty about Fed stimulus - Reuters
Friday, May 24th, 2013San Francisco Chronicle | US STOCKS-Wall St drops on uncertainty about Fed stimulus Reuters Fri May 24, 2013 11:39am EDT. * Durable goods orders rise more than expected. * P&G shares climb after CEO replacement. * Some retailers' stocks weak after results. * Dow off 0.3 pct, S&P 500 off 0.5 pct, Nasdaq off 0.5 pct. By Leah Schnurr. NEW YORK ... Wall Street Extends Slump Despite Strong Data Wall Street falls at open as Fed plans gauged U.S. Stock Futures Decline, Signaling Third Day of Losses |
Orders for U.S. Durable Goods Rose More Than Forecast in April - Bloomberg
Friday, May 24th, 2013Bloomberg | Orders for U.S. Durable Goods Rose More Than Forecast in April Bloomberg Orders for U.S. durable goods increased more than forecast in April, indicating the world's largest economy will get a lift in the second half of the year as business investment strengthens. Bookings for equipment meant to last at least three years increased 3.3 ... Durable goods orders point to factory resilience Despite Overseas Weakness, US Durable Goods Rise US durable goods orders point to factory resilience |
Embattled P&G Chief Replaced By Old Boss - Wall Street Journal
Friday, May 24th, 2013Wall Street Journal | Embattled P&G Chief Replaced By Old Boss Wall Street Journal Robert McDonald's four-year struggle to adapt Procter & Gamble Co. to a new world of more frugal consumers and tougher global competition has come to an abrupt end. Procter & Gamble has ousted its current CEO Robert McDonald and re-installing his ... Wall St welcomes Lafley's return to P&G Ahead of the Bell: P&G brings back Lafley as CEO P&G hands reins of power back to AG Lafley |
Abercrombie & Fitch earnings stumble, stock slumps - Los Angeles Times
Friday, May 24th, 2013New York Daily News | Abercrombie & Fitch earnings stumble, stock slumps Los Angeles Times Teen retailer Abercrombie & Fitch Co. stumbled hard in its first quarter, with same-store sales diving 15% and profit missing Wall Street's expectations. The company, fresh off a mea culpa over Chief Executive Mike Jeffries' controversial comments about the ... This Abercrombie & Fitch Blowup Could Be Different UPDATE 2-Abercrombie & Fitch cuts profit forecast as sales crater Abercrombie Plunges Amid Disappointing Earnings, Lowers Guidance |
Investigators Zero in on Cause of Metro-North Derailment - Wall Street Journal
Friday, May 24th, 2013Wall Street Journal | Investigators Zero in on Cause of Metro-North Derailment Wall Street Journal Federal officials have narrowed their probe into the cause of a May 17 derailment and train crash in Connecticut, saying a cracked rail joint in the area where the first train slid off the tracks had been repaired by maintenance workers just last month. The finding ... NTSB: Maintenance Work Done Last Month On Track Near Conn. Train Derailment NTSB releases findings into Metro-North derailment Investigators: Train engineer saw 'unusual condition' on track before Conn ... |
Sears Bonds Drop Below Par After $279 Million Quarterly Loss - Bloomberg
Friday, May 24th, 2013San Francisco Chronicle | Sears Bonds Drop Below Par After $279 Million Quarterly Loss Bloomberg Bonds of Sears Holdings Corp. (SHLD) plunged to less than par after the retailer controlled by hedge-fund manager Edward Lampert reported a $279 million first-quarter loss. The company's $987.4 million of 6.625 percent second-lien debt dropped 2.75 ... Sears' 1Q Loss Ignites Selling Spree, Renewed Turnaround Jitters Sears shares down nearly 17% Eddie Lampert is playing Jenga with Sears: Credit Suisse |
News Corp. Board Approves Split - Wall Street Journal
Friday, May 24th, 2013AFP | News Corp. Board Approves Split Wall Street Journal News Corp.'s board approved the company's separation into two publicly traded entities, moving a step closer to splitting its entertainment businesses from the publishing division. The media company on Friday also outlined the terms of the share distribution ... News Corp approves Murdoch split for June 28 News Corp adopts 'poison pill' share plan to protect divisions News Corp. Board Approves Split, Stock Buyback |
Officials say UN nuke agency’s Iran probe driven by intelligence from US and its … - Fox News
Friday, May 24th, 2013AFP | Officials say UN nuke agency's Iran probe driven by intelligence from US and its ... Fox News VIENNA – The U.N. nuclear agency responsible for probing whether Iran has worked on a nuclear bomb depends on the United States and its allies for most of its intelligence, complicating the agency's efforts to produce findings that can be widely accepted ... Why Economic Sanctions Rarely Work South Korea's imports of Iranian crude up 7.5% in April US imposes fresh sanctions on 20 Iranian people and entities |
Volatile Tokyo instils global equity angst - Financial Times
Friday, May 24th, 2013Economic Times | Volatile Tokyo instils global equity angst Financial Times Friday 14:30 BST. Japanese stocks closed higher, but only after another extremely volatile session leaked uncertainty into global equity markets, which some investors consider vulnerable after many months of strong gains. After US index futures twitched ... The problem with Japan's high-stakes economic mind game Asian Tensions and the Problem of History Tokyo Recovers, Sydney Extends Fall |
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