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MOVES-Bank of America Merrill Lynch
ReutersMay 24 (Reuters) - The following financial services industry appointment was announced on Friday. To inform us of other job changes, email to moves@thomsonreuters.com. BANK OF AMERICA MERRILL LYNCH The investment manager appointed Tracy Caliendo as...Tags: Bank of America Corp., Goldman Sachs Group, Inc., Banking
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CORRECTED-Tiger Global invests $50 million in Automattic's WordPress.com
Reuters(Corrects to "automattic" from "wordpress" in second paragraph. Corrects spelling of name to Mullenweg from Mullen in seventh paragraph) By Sarah McBride SAN FRANCISCO, May 24 (Reuters) - Automattic, the company that operates blogging service WordPress....Tags: Finance, Social Media, Media Industry, The New York Times Company, Economy, Business and Finance
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Tiger Global invests $50 million in Automattic's WordPress.com
ReutersSAN FRANCISCO (Reuters) - Automattic, the company that operates blogging service WordPress.com, announced a $50 million investment from hedge fund Tiger Global on Friday. The investment comes on the heels of Yahoo's $1.1 billion acquisition of blogging...Tags: Finance, Social Media, T. Rowe Price, Media Industry, The New York Times Company
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Wall Street posts first weekly loss since mid-April on Fed angst
ReutersNEW YORK (Reuters) - The S&P 500 declined for a third day on Friday, with the three major stock indexes posting their first negative week since mid-April on lingering concern that the central bank may scale back its stimulus measures to support the...Tags: Nasdaq Composite, Philadelphia (Philadelphia, Pennsylvania), Cabot Oil & Gas Corporation, Fossil Incorporated, Carnival Corporation
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U.S. dollar marks worst week versus yen in a year
ReutersNEW YORK (Reuters) - The dollar posted its worst week against the yen in a year on Friday as volatility in stocks and uncertainty about the outlook for U.S. monetary policy spurred investors to pare back bets against the Japanese currency. Some...Tags: Finance, Altana AG, Charles Evans, Economic Indicator, Bangkok (Thailand)
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COLUMN-Three reasons why the golden age of dividends is dawning
ReutersBy John Wasik CHICAGO, May 24(Reuters) - The golden days of summer might also brighten the portfolios of dividend lovers. With most large corporations swimming in cash as the economy and earnings improve, adopting a dividend-centric strategy looks...Tags: Earnings, Stock Market, Verizon Communications, Intel Corp., Pitney Bowes Incorporated
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Column: Three reasons why the golden age of dividends is dawning
ReutersCHICAGO (Reuters) - The golden days of summer might also brighten the portfolios of dividend lovers. With most large corporations swimming in cash as the economy and earnings improve, adopting a dividend-centric strategy looks even more promising for...Tags: Earnings, Stock Market, Verizon Communications, Intel Corp., Pitney Bowes Incorporated
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INVESTMENT FOCUS-Dollar builds steam, unnerves emerging markets
ReutersBy Mike Dolan LONDON, May 24 (Reuters) - As the dust settles on a volatile week, many strategists now sense a green light for a long-brewing multi-year rise of the U.S. dollar - with unnerving portents for emerging markets. The U.S. Federal Reserve's...Tags: Government Debt, Central Bank, Credit Ratings, Finance, Foreign Exchange Market
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ANALYSIS-Low-carat gold at Irish end of U.S. corporate rainbow
ReutersBy Carmel Crimmins and Conor Humphries DUBLIN, May 24 (Reuters) - Irish officials and business leaders like to trumpet their success in attracting U.S. investment as proof the country is on the road to recovery. At a conference in Dublin on Friday the...Tags: Shire Pharmaceuticals Group Plc, Finance, Unemployment, U.S. Senate, Government
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U.S. loan funds gain $1.2 billion as Fed sparks fears of rising rates
ReutersNEW YORK (Reuters) - Investors worldwide poured $1.2 billion into corporate loan funds based in the United States in the latest week as signs the Federal Reserve could scale back on stimulus sparked fears of rising U.S. interest rates, according to Bank...Tags: Central Bank, Credit Ratings, Finance, Bank of America Corp., Stock Market
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Tiger Global invests $50 million in Automattic's WordPress
ReutersBy Sarah McBride SAN FRANCISCO, May 24 (Reuters) - Automattic, the company that operates blogging service WordPress, announced a $50 million investment from hedge fund Tiger Global on Friday. The investment comes on the heels of Yahoo's $1.1 billion...Tags: Finance, Media Industry, Social Media, The New York Times Company, Economy, Business and Finance
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U.S. prosecutors sought testimony from top SAC executives: WSJ
ReutersNEW YORK (Reuters) - U.S. prosecutors are seeking testimony from three senior executives of the $15 billion hedge fund SAC Capital Advisors, the Wall Street Journal reported on Thursday. The U.S. Attorney's office for the Southern District of New York...Tags: SAC Capital Advisors, Lawyers, The Wall Street Journal, Steven Cohen, Prosecution
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