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Blackstone, Pactera insiders make $680 million offer
Reuters(Reuters) - Pactera Technology International Ltd said on Monday that Blackstone Group LP , together with the company's management, made a $680.3 million non-binding proposal to take China's largest technology outsourcing firm private. Pactera said it...Tags: Blackstone Group, L.P., Stock Market, Mergers, Acquisitions and Takeovers, Michael S. Dell, Dell Inc.
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GM gearing up for big ad push for crucial new pickups -executive
ReutersBy Ben Klayman DETROIT, May 20 (Reuters) - The launch of General Motors Co's redesigned Chevrolet Silverado, the most important since the automaker's bankruptcy and $50 billion taxpayer-funded bailout in 2009, is on track and advertising for its full-...Tags: GMC, Pickup Trucks, Chevrolet, Ford, General Motors Corp.
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GM gearing up for big ad push for crucial new pickups: executive
ReutersDETROIT (Reuters) - The launch of General Motors Co's redesigned Chevrolet Silverado, the most important since the automaker's bankruptcy and $50 billion taxpayer-funded bailout in 2009, is on track and advertising for its full-size trucks should begin in...Tags: GMC, Pickup Trucks, Chevrolet, Ford, General Motors Corp.
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MOVES-Citigroup, JP Morgan Private Bank, RBS, Barclays
ReutersMay 20 (Reuters) - The following financial services industry appointments were announced on Monday. To inform us of other job changes, email to moves@thomsonreuters.com. CITIGROUP INC The company named Jane Fraser as the new head of the bank's mortgage...Tags: Corporate Officers, Management Change, JPMorgan Chase & Co., Finance, Companies and Corporations
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U.S. Senators urge swaps watchdog to rein in oil majors
ReutersBy Douwe Miedema WASHINGTON, May 20 (Reuters) - Large energy companies look set to slip through the maze of new rules for derivatives trading, a group of U.S. senators said, urging regulators to tighten oversight to cover all the market. As of this...Tags: Banking, Dianne Feinstein, Energy, Bank of America Corp., Royal Dutch Shell Plc
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Indonesia - Market factors to watch on May 15
ReutersJAKARTA, May 15 (Reuters) - Following is some company-related and market news that could have affect the local market. ----------------------MARKET SNAPSHOT @ 0027 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1650.34 1.01% 16.570 USD/...Tags: Corporate Officers, Stock Market, Indonesia, Plant Openings, Asia
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3 big banks nearly halt foreclosure sales after U.S. tweaks orders
Sales of homes in foreclosure by Wells Fargo & Co., JPMorgan Chase & Co. and Citigroup Inc. ground nearly to a halt after regulators revised their orders on treatment of troubled borrowers during the 60 days before they lose their homes. The banks...Tags: JPMorgan Chase & Co., U.S. Department of the Treasury, Mortgages, Office of the Comptroller of the Currency, Foreclosures
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ANALYSIS-At margins of US shale oil boom, a tempered euphoria
Reuters* Data show Utica, touted as $500bln bounty, all gas and no oil * NuStar shelved pipeline project in Colorado, lack of shippers * Crude by rail more flexible, faster startup, shorter commitment By Kristen Hays and Jonathan Leff HOUSTON/NEW YORK, May...Tags: Plains All American Pipeline LP, Aubrey K. McClendon, Upstream Oil and Gas Activities, Chesapeake Energy Corp., Suncor Energy Incorporated
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Analysis: At margins of shale oil boom, a tempered euphoria
ReutersHOUSTON/NEW YORK (Reuters) - For the past three years, the boom in the U.S. shale oil industry has outstripped all expectations. Production surged far faster than any forecasts; drillers raced to secure space in new pipelines to get their crude to market....Tags: Plains All American Pipeline LP, Aubrey K. McClendon, Upstream Oil and Gas Activities, Chesapeake Energy Corp., Suncor Energy Incorporated
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High-yield bond funds see lower demand after record rally
ReutersNEW YORK (Reuters) - Investors worldwide cut back on commitments to high-yield "junk" bond funds in the latest week, giving just $100 million to the funds globally after committing over $1 billion the prior week, according to Bank of America Merrill...Tags: Stock Market, Money and Monetary Policy, Banking, Mutual Funds, Emerging Market
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REUTERS SUMMIT-Cyber attacks against US banks more severe than most realize
Reuters(For other news from Reuters Cybersecurity Summit, click on http://www.reuters.com/summit/Cyber13) By Joseph Menn WASHINGTON, May 17 (Reuters) - The series of cyber attacks that repeatedly knocked major U.S. banking websites offline in the past nine...Tags: Computer Networking and Internet, JPMorgan Chase & Co., Iran, Computer Crime, Banking
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U.S. RESEARCH ROUNDUP: Visa, Wal-Mart, Biogen Idec, Walt Disney
ReutersMay 17 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Macy's and Biogen Idec on Friday. HIGHLIGHTS * Aruba Networks : FBN, JP Morgan, Needham, Wedbush, Wells Fargo cut rating *...Tags: Biogen Idec Incorporated, T-Mobile, Air Products and Chemicals, Inc., Interior Policy, Amgen Inc.
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