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CANADA RESEARCH ROUNDUP: CAE Inc, Thomson Reuters, Chemtrade Logistics
ReutersMay 17 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including CAE Inc and Thomson Reuters, on Friday. HIGHLIGHTS * CAE Inc : RBC cuts to sector perform from outperform; target to C$12 from C$...Tags: Ratings, Metal and Mineral, Mining, Carmanah Technologies Corporation, Finance
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Bankers see M&A recovery after deals drop 7 percent so far in 2013
ReutersLONDON (Reuters) - A drop in European takeovers has depressed global merger and acquisitions (M&A) activity so far this year, but bankers see activity picking up as a rally in stocks and bonds helps compensate for a prolonged euro-zone recession. The...Tags: Dow Jones Industrial Average, United Kingdom, Stock Market, Finance, Banking
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WRAPUP 2-U.S. May consumer sentiment highest in nearly 6 years
Reuters* Consumer sentiment rebounds in May, highest since July 2007 * Leading indicators rises more than expected in April By Leah Schnurr NEW YORK, May 17 (Reuters) - Americans felt better about their economic and financial prospects in early May as...Tags: Consumers, Prices, St. Petersburg (Pinellas, Florida), Money and Monetary Policy, Petroleum Industry
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May consumer sentiment highest in nearly six years
ReutersNEW YORK (Reuters) - Americans felt better about their economic and financial prospects in early May as consumer sentiment rose to the highest level in nearly six years, an encouraging sign after other recent data had suggested broader U.S. growth is...Tags: Consumers, Prices, St. Petersburg (Pinellas, Florida), Labor Markets, Money and Monetary Policy
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U.S. authorities seize accounts of major Bitcoin operator
ReutersBy Brett Wolf ST. LOUIS, May 17 (Thomson Reuters Accelus) - U.S. authorities have seized two accounts linked to a major operator in the booming Bitcoin digital currency market, Tokyo-based exchange Mt. Gox. The move may prevent the firm from facilitating...Tags: Crime, Law and Justice, Computer Crime, Bitcoin, National Security
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Investigación europea por precios del petróleo se amplía a firma holandesa
ReutersLONDRES, 17 mayo (Reuters) - La investigación de la Comisión Europea sobre la posible manipulación de los precios del petróleo se extendió más allá de tres grandes compañías del sector a una pequeña firma comercializadora, en tanto una refinerí...Tags: BP Plc, McGraw-Hill Incorporated, Royal Dutch Shell Plc
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Bloomberg appoints former IBM chief to advise on data issues
ReutersNEW YORK (Reuters) - Bloomberg LP appointed former IBM Chairman and CEO Samuel Palmisano as an independent adviser on security and data issues, as the company seeks to address customers' concerns about possible breaches in the confidentiality of their...Tags: Financial and Business Services, Bloomberg L.P., Samuel J. Palmisano, Business Enterprises, Companies and Corporations
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Wal-Mart U.S. sales weak; outlook below analysts' forecast
Reuters(Reuters) - Wal-Mart Stores Inc posted weaker-than-expected quarterly earnings on Thursday due to poor U.S. sales and said its profit for this quarter might also miss Wall Street's forecast. Everything from pressure on shoppers to a cool start to...Tags: Macy's, Inc., Wal-Mart Stores, Inc., Walmart, Companies and Corporations, Quarterly or Semiannual Financial Statements
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Applied Materia's quarterly revenue beats estimates
ReutersSAN FRANCISCO, May 16 (Reuters) - Applied Materials posted fiscal second-quarter revenue of $1.97 billion and a net loss of $129 million, or 11 cents a share, as concerns about the global economy weighed against fast-growing demand for chips used in...Tags: Applied Materials Incorporated
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Dell's profit slides 79 pct as it seeks to go private
ReutersSAN FRANCISCO, May 16 (Reuters) - Dell Inc, the subject of a takeover battle between activist investor Carl Icahn and the company's billionaire founder, reported a 79 percent slide in profit as personal computer sales continue to shrink. Revenue in its...Tags: Michael S. Dell, Dell Inc.
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Nordstrom lowers sales forecast as 1st-quarter sales miss
Reuters* 1st quarter profit per share 73 cents vs estimates of 76 cents * Now sees full-year same-store sales up 3-5 pct * Shares down 3.9 percent after-hours May 16 (Reuters) - Nordstrom Inc on Thursday reported lower-than-expected sales and profit for the...Tags: Macy's, Inc., Nordstrom, Inc., Earnings Forecasts
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Autodesk cuts full-year revenue forecast, shares fall
Reuters(Reuters) - Autodesk Inc's first-quarter results missed market expectations on sales declines in the Americas and emerging markets, prompting the maker of AutoCAD design software to cut its full-year revenue forecast. Shares of the company fell 5 percent...Tags: Parametric Technology Corporation, Weather, Economy, Business and Finance, Autodesk Incorporated, Weather Reports
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