  | | | Robust auto sales keep economy on steady growth path | | WASHINGTON (Reuters) - The U.S. economy appears to be faring better in the third quarter than analysts had feared with automakers reporting surprisingly strong August sales on Wednesday, helping to buoy expectations of a pullback in monetary stimulus ahead. | | |  | | | Samsung unveils smartwatch to power Galaxy Note sales | | BERLIN/SEOUL (Reuters) - Samsung Electronics Co Ltd unveiled a smartwatch on Wednesday that works as an accessory to its market-leading Galaxy smartphone, with a small screen offering basic functions like photos, hands-free calls and instant messaging. | | | |  | | | Qualcomm jumps into 'wearables' fray with Toq smartwatch | | SAN DIEGO (Reuters) - Qualcomm Inc will begin selling its "Toq" smartwatch, a wrist-worn device that can play music and handle phone calls and messages, in the fourth quarter, marking the chipmaker's entry into the consumer electronics and wearable computing arenas. | | | |  | | | Exclusive: Ackman's fund flat after August losses - sources | | BOSTON (Reuters) - William Ackman's Pershing Square Capital Management is largely flat for the year after a bruising August in which the hedge fund lost 3.6 percent, said two investor sources who are not permitted to discuss the private fund's numbers publicly. | | | | | ETF 'Godfather,' two others, to exit trading firm KCG | | NEW YORK (Reuters) - KCG Holdings Inc , the trading firm formed in July after Getco Holding Co's $1.4 billion takeover of Knight Capital Group, said on Wednesday that the head of its exchange-traded funds team and two other managers were leaving the company. | | | |  | | | U.S. economy growing at 'modest to moderate' pace: Fed | | WASHINGTON (Reuters) - The U.S. economy expanded at a "modest to moderate" pace in most of the country between early July and late August, according to a Federal Reserve report that was just strong enough to reinforce the prospect of a pullback in monetary stimulus. | | | |  | | | SEC 'monitoring developments' after latest Nasdaq outage | | WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said it was in contact with Nasdaq OMX Group after another brief outage in the system that was at the heart of the exchange's three-hour trading halt last month. | | | |  | | | U.S. judge puts SAC Capital civil lawsuit on hold | | NEW YORK/BOSTON (Reuters) - A U.S. judge put on hold a civil forfeiture lawsuit against Steven A. Cohen's SAC Capital Advisors hedge fund on Wednesday while a criminal insider-trading case moves forward. | | | |  |  | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | |  | |  | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | | » MORE NEWSLETTERS | |
No comments:
Post a Comment