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Brookings teen committed to safe driving rings closing bell at New York Stock Exchange
BROOKINGS, S.D. (AP) — A Brookings High School senior got to ring the closing bell of the New York Stock Exchange on Thursday. The Brookings Register reports (http://bit.ly/18ioOYf) that Elliot Johnson was given the honor because of work he's...Tags: Lobbying, Washington, DC, Stock Market, Financial Markets, Car Safety Tips and Advice
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US STOCKS-Futures little changed ahead of crucial jobs report
Reuters* U.S. April employment data to point to sluggish economy * ISM non-manufacturing data and factory orders on tap * S&P 500 index near 1,600 mark * Futures: S&P off 0.9 pt, Dow off 2 pts, Nasdaq up 0.75 pt NEW YORK, May 3 (Reuters) - U.S. stock index...Tags: LinkedIn Corp., Stock Market, Money and Monetary Policy, European Central Bank, Central Bank
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Health Management quarterly profit falls; shares down 9 pct
ReutersMay 2 (Reuters) - Hospital operator Health Management Associates Inc, which warned last month of weak patient admissions, on Thursday posted a first-quarter profit that fell short of Wall Street expectations, sending its shares down nearly 9 percent....Tags: Stock Market, Thomson Corporation
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American Capital's profit falls 65 pct on derivative losses
ReutersMay 2 (Reuters) - American Capital Agency Corp's first-quarter net profit fell about 65 percent due to a loss on the sale of agency mortgage-backed securities (MBS) and derivatives. The real estate investment trust's (REIT) shares were down 8 percent in...Tags: Stock Market, Federal Reserve, Derivative Securities, Securities, Mortgages
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UPDATE 4-Chrysler revenue slumps on new model launches
Reuters* Fiat net debt 7.1 billion euros, up from 6.5 billion euros at end-2012 * Fiat and Chrysler both affirm 2013 forecast * Chrysler quarterly net profit down 65 percent * Chrysler says second half of 2013 to be strong By Bernie Woodall and Jennifer...Tags: Italy, Companies and Corporations, New Products, Jeep, Earnings Forecasts
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ING U.S. IPO Raises $1.3B, Less Than Expected
Dutch financial services giant ING Groep NV's U.S. unit raised $1.3 billion in its initial public offering on Wednesday, less than expected, though the offering ranked as the second largest U.S. float of the year behind Zoetis Inc. ING U.S. sold more...Tags: ING Group, American International Group, Capital One Financial Corporation, Prudential Financial Incorporated, MetLife Incorporated
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Shares of ING U.S. open down in New York Stock Exchange debut
ReutersMay 2 (Reuters) - Shares of ING U.S. Inc fell 1 percent in their New York Stock Exchange debut on Thursday. Shares opened at $19.25 after the company, an affiliate of Dutch financial services company ING Groep NV, raised $1.3 billion million in its...Tags: ING Group, Stock Market, Financial Markets, ING Groep NV
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CORRECTED-Shares of ING U.S. open down in New York Stock Exchange debut
Reuters(Removes "million" from second paragraph) May 2 (Reuters) - Shares of ING U.S. Inc fell 1 percent in their New York Stock Exchange debut on Thursday. Shares opened at $19.25 after the company, an affiliate of Dutch financial services company ING Groep...Tags: ING Group, Stock Market, Financial Markets, ING Groep NV
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WRAPUP 1-Kellogg, Hillshire Brands results disappoint
ReutersBy Martinne Geller May 2 (Reuters) - Kellogg Co and Hillshire Brands reported quarterly results on Thursday in line or better than Wall Street estimates, but both food companies' shares fell in early trading. U.S. packaged food stocks have gained more...Tags: Stock Market, Earnings Forecasts, Leveraged Buyouts, HJ Heinz Company, Kellogg Company
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REFILE-Exchanges bust trades in West Pharmaceuticals
ReutersBy Chuck Mikolajczak NEW YORK, May 2 (Reuters) - Nasdaq OMX Group Inc said on Thursday it had determined in conjunction with several exchanges to cancel a host of trades in West Pharmaceuticals Inc Nasdaq said the decision was made on its own motion...Tags: Stock Market, Drugs and Medicines, NASDAQ
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Shares of ING U.S. rise in NYSE debut
Reuters(Reuters) - Shares of ING U.S. Inc were up slightly in their New York Stock Exchange debut on Thursday after opening down 1 percent. Shares exchanged hands at $20.10 in late-morning trading after opening at $19.45 as the company, an affiliate of Dutch...Tags: ING Group, American International Group, Prudential Financial Incorporated, Morgan Stanley Dean Witter & Company, Morningstar Incorporated
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New fees threaten Antwerp's dominance in arabica coffee storage
Reuters* Around 60 pct of certified arabica held in Antwerp * Rule change seen luring coffee to U.S. warehouses By Sarah McFarlane LONDON, May 2 (Reuters) - European warehouse firms fear that Antwerp will lose its dominance as a profitable storage hub for...Tags: Moving and Storage, Stock Market, Storage, Services and Shopping, IntercontinentalExchange, Inc.
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