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Asian shares reverse losses, capped before Fed meeting
ReutersSYDNEY (Reuters) - Japanese stocks started trade on Wednesday with a spring in their step thanks to a positive lead from Wall Street and a softer yen, but the rest of Asia was restrained as investors waited for clarity on the Federal Reserve's next policy...Tags: Milan (Italy), Greenwich, Hewlett-Packard Co., Shanghai (China), People's Bank
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Pope blesses leather-clad Harley bikers
ReutersROME (Reuters) - Hundreds of bikers took a break from hell-raising on Sunday to be blessed by Pope Francis. Wearing black boots, jackets and vests, the tattooed Harley-Davidson riders stuck out among the nuns, priests, school children and shorts-...Tags: Harley-Davidson Inc., Francis I, The Pope, Marketing, NYSE Euronext, Inc.
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Currencies subdued as key event risk looms
ReutersSYDNEY (Reuters) - All the major currencies marked time in Asia on Wednesday as investors waited anxiously to see if the Federal Reserve could clarify the outlook for policy without sending markets into a fresh frenzy Last-minute position adjusting...Tags: Car Safety Tips and Advice, Market and Exchange, China, Mario Draghi, Consumers
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Analysis: Fed-induced selloff has investors hunting for bargains
ReutersBy Luciana Lopez, Sam Forgione and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Since Ben Bernanke unleashed a bombshell on May 22 by suggesting the U.S. Federal Reserve could before long start to pull back on its massive monetary stimulus, big stock...Tags: Investment Service, Federal Reserve, Morgan Stanley Dean Witter & Company, Derivative Securities, Northern Trust Corporation
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Are things getting better? Valley residents think so
For the first time in five years, Lehigh Valley residents are feeling better about the economy. It's not all sunshine and roses, but people are happier with their jobs and more satisfied with their incomes than at any time since the recession hit in...
Tags: Muhlenberg College, Economic Indicator, Religion and Belief, Pet Shops, Services, and Supplies, Philosophy
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GLOBAL MARKETS-Wall Street falls as dollar slumps versus yen
Reuters* Wall Street slips; world equity index heads for 4th weekly loss * Sentiment fragile ahead of Fed meeting next week * Dollar heads for worst week since early 2010 vs yen By Wanfeng Zhou NEW YORK, June 14 (Reuters) - U.S. stocks fell and the dollar...Tags: Car Safety Tips and Advice, Federal Reserve, Stock Activities, Petroleum Industry, S&P 500
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Smithfield profit plunges on drop in exports
Reuters(Reuters) - Hog producer Smithfield Foods Inc , the subject of a $4.7 billion bid from China's Shuanghui International, posted a 63 percent fall in net profit as exports to China and Russia fell due issues related to a drug it uses to produce lean meat....Tags: NYSE Euronext, Inc., Smithfield Foods, Quarterly or Semiannual Financial Statements, China, Smithfield
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JPMorgan's private equity unit to become independent
Reuters(Reuters) - JPMorgan Chase & Co said on Friday its private equity unit, One Equity Partners, will become independent, as the largest U.S. bank increases its focus on client businesses. One Equity Partners, which manages $4.5 billion of investments,...Tags: Federal Reserve, Citigroup Incorporated, NYSE Euronext, Inc., Finance, Paul Volcker
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Sears Canada to close two high-profile stores, eyes third
ReutersTORONTO, June 14 (Reuters) - Hard-pressed department store chain Sears Canada Inc said on Friday it will close two high-profile Toronto area locations, selling back the leases for about C$191 million ($188 million), a move that lifted its shares as much...Tags: Sears Holdings Corp., Toronto Stock Exchange, Financial Markets, Sears Canada Inc., Toronto (Canada)
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Acciones EEUU caen por toma de ganancias y dato de confianza del consumidor
ReutersPor Angela Moon y Alison Griswold NUEVA YORK, 14 jun (Reuters) - Las acciones estadounidenses bajaban el viernes debido a tomas de ganancias de inversores un día después de que el S&P 500 registrara su segunda mejor sesión en el año y por un...Tags: S&P 500, Nasdaq Composite, JPMorgan Chase & Co.
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Walter Energy refinancing pulled, shares drop
ReutersJune 14 (Reuters) - Walter Energy Inc has pulled a planned $1.55 billion credit refinancing, Reuters Loan Pricing Corp reported on Friday, citing sources, sending the coal miner's shares lower. The Morgan Stanley-led deal was pulled because of market...Tags: Morgan Stanley Dean Witter & Company, NYSE Euronext, Inc.
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June ABS deal pipeline continues to be robust as 11 deals price
ReutersBy Charles Williams NEW YORK, June 14 (IFR) - June is living up to its reputation as one of the busiest months of the year for ABS issuance -- 11 deals priced this week for about US$5.5bn. Added to the US$2.8bn priced in the first week of the month, the...Tags: Moody's Corporation, Minor League Baseball, AAA, Toledo Edison Company, Services and Shopping
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