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Ford adds production in North America to meet new car demand
ReutersDETROIT (Reuters) - Ford Motor Co is adding a week of production at most of its North American factories this year to build an additional 40,000 vehicles and help sustain its gains in U.S. market share. The second-largest U.S. automaker said on Wednesday...Tags: Chrysler, Manufacturing and Engineering, Jeep, Plant Openings, NYSE Euronext, Inc.
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US STOCKS SNAPSHOT-Wall Street pares gains, Nasdaq negative
ReutersNEW YORK, May 22 (Reuters) - U.S. stocks pared gains on Wednesday as traders continued to digest Congressional testimony by Federal Reserve Chairman Ben Bernanke, including the timeline for ending or slowing the Fed's massive economic stimulus program....Tags: Stock Activities, Federal Reserve, Ben Bernanke, Nasdaq Composite, S&P 500
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GLOBAL MARKETS-Asian stocks supported by Fed reassurance; BOJ stands pat
Reuters* Some Asian stock markets buoyed by record highs on Wall St * Fed officials play down speculation of ending stimulus anytime soon * BOJ keeps policy unchanged as expected * JGB futures dip after BOJ, Nikkei stays firm By Masayuki Kitano and Vidya...Tags: France, Money and Monetary Policy, Nikkei, Auto Trends, Ben Bernanke
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GLOBAL MARKETS-Dollar, German bond yields ease before Bernanke
Reuters* Dollar index dips 0.1 pct, German bond yields ease * Markets bets on 'no-change' signal from Fed chief * European shares ease off multi-year highs * Gold, copper gain on hopes of Fed support By Richard Hubbard LONDON, May 22 (Reuters) - The dollar...Tags: Money and Monetary Policy, Nikkei, Japan, Ben Bernanke, Federal Reserve
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Weak luxury goods stocks push European shares off peaks
Reuters* FTSEurofirst 300 down 0.6 pct, Euro STOXX 50 falls 0.5 pct * Some traders sell positions ahead of Bernanke speech * Traders expect any pullback to be relatively minor * Burberry fall knocks back luxury goods sector By Sudip Kar-Gupta LONDON, May 22...Tags: Derivative Securities, Money and Monetary Policy, Ben Bernanke, Federal Reserve, Central Bank
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BNY Mellon to add up to 100 positions at wealth management unit
Reuters(Reuters) - BNY Mellon Corp , the world's largest custody bank, said it would add up to 100 positions at its wealth management unit, expanding the sales force at the unit by 50 percent in the next two years. Banks such as Morgan Stanley and Goldman Sachs...Tags: Global Expansion, NYSE Euronext, Inc., Goldman Sachs Group, Inc., Morgan Stanley Dean Witter & Company
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STOCKS NEWS US-Economic and earnings diary for May 22
ReutersReal-time equity news [E U] U.S. stock market report 0721 ET 22May2013-Economic and earnings diary for May 22 ----------------------------------------------------------------------------- Economic data expected on Wednesday includes existing home...Tags: Target Brands, Inc., Earnings, Federal Reserve, Ben Bernanke, Lowe's Companies Inc.
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US STOCKS-Futures tick higher ahead of Bernanke testimony
Reuters* Saks rallies on report it is mulling sale * Bernanke seen hitting dovish note in testimony * Futures up: Dow 17 pts, S&P 2 pts, Nasdaq 5 pts NEW YORK, May 22 (Reuters) - U.S. stock index futures edged up in thin trading Wednesday, ahead of highly...Tags: Money and Monetary Policy, Saks Inc., The Home Depot, Federal Reserve, Ben Bernanke
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Futuros de acciones de EEUU suben a la espera de testimonio de Bernanke
ReutersNUEVA YORK, mayo 22 (Reuters) - Los futuros de las acciones estadounidenses subían el miércoles en medio de pocas operaciones antes de un esperado testimonio frente al Congreso del presidente de la Reserva Federal, Ben Bernanke, respecto a la economí...Tags: Saks Inc., Ben Bernanke, S&P 500, Goldman Sachs Group, Inc.
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GLOBAL MARKETS-Dollar steadies before Bernanke, Wall St seen higher
Reuters* Dollar index steady before Bernanke testimony * U.S. stock futures signal more Wall St gains * German bond yields ease, Treasuries firm * European shares ease off multi-year highs By Richard Hubbard LONDON, May 22 (Reuters) - The dollar hovered near...Tags: Nikkei, Japan, Federal Reserve, Ben Bernanke, Petroleum Industry
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Credit rating firms sow doubt on euro zone bond rally
Reuters* Ratings agencies warn euro zone ratings still at risk * Favourable market conditions may be temporary-Moody's * S&P warns cheap cash creates complacency risks By Marius Zaharia LONDON, May 22 (Reuters) - Credit rating firms say they could further...Tags: Ratings, Slovenia, Federal Reserve, Spain, Credit Ratings
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CANADA STOCKS-TSX opens higher in broad gains, led by gold miners
ReutersTORONTO, May 22 (Reuters) - Canada's main stock index opened sharply higher on Wednesday, led by Barrick Gold Corp and Goldcorp, as the bullion price rose on physical demand from China and comments from some U.S. Federal Reserve officials suggesting...Tags: Metal and Mineral, Federal Reserve, Gold and Precious Material, Toronto (Canada), Canada
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