RefBan

Referral Banners

Wednesday, September 24, 2014

Business Today: Stocks, bonds up on ECB stimulus hopes

Click to View in Browser
09/24/2014
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Stocks, bonds up on ECB stimulus hopes
PARIS (Reuters) - Stocks and safe-haven government bonds in Europe edged higher on Wednesday, with the prospect of more monetary stimulus from the European Central Bank offsetting a drop in German business sentiment.
Bed, Bath & Beyond, Merrimack Pharma surge in premarket
NEW YORK (Reuters) - Merrimack Pharmaceuticals shares were surging in premarket trade, up 24.5 percent to $8.95 after the company said it reached a deal to develop and market Merrimack's pancreatic cancer drug outside the U.S. with Baxter International.
SEC probes Pimco chief Bill Gross's ETF bond fund
(Reuters) - U.S. regulator the Securities and Exchange Commission is investigating whether bond fund manager Pimco inflated the returns of its Total Return Exchange-Traded Fund run by founder Bill Gross, who has come under renewed fire from investors this year over the poor performance of his main fund.
Accenture forecast disappoints, shares slip
(Reuters) - Consulting and outsourcing company Accenture Plc forecast first-quarter revenue largely below analysts' expectations as stiff competition from rivals hurt new contracts wins.
Exclusive: Amazon tests smart home gadgets, expands hardware lab
SAN FRANCISCO (Reuters) - Amazon.com Inc will boost staffing at its secretive Silicon Valley-based hardware unit by at least 27 percent over the next five years as it tests Internet-connected "smart" home gadgets such as a one-button device to order supplies.
In push for top spot, Volkswagen hits labor, robot problems
WOLFSBURG Germany (Reuters) - In an era of automation, robotics and spotless factory floors, you don't expect to see car workers lugging metal along a production line.
RBS cuts sale price for U.S. bank Citizens in $3 billion listing
LONDON(Reuters) - The biggest U.S. bank listing since the financial crisis got a lukewarm reception from investors, forcing Royal Bank of Scotland RBS.L to cut the price of shares sold in Citizens Financial Group CFG.N.
Aircraft lessors wary as new rivals crowd into aviation
ISTANBUL (Reuters) - Aircraft leasing companies voiced confidence in steady jetliner demand, but warned new aviation investors that they may take a painful hit when central banks start unwinding their efforts to stimulate the economy.
Walgreen explores sale of $1.5 billion infusion business: sources
NEW YORK (Reuters) - U.S. drugstore chain operator Walgreen Co is exploring the sale of a majority stake in its infusion services business, in a deal that could value that division at around $1.5 billion, according to four people familiar with the matter.
Exclusive: National Australia Bank considering sale of life insurance unit - sources
SYDNEY/HONG KONG (Reuters) - National Australia Bank (NAB) is considering the sale of its life insurance unit worth an estimated $800 million, seeking to boost earnings and returns on capital, people familiar with the matter told Reuters.
Related Video
Breakingviews: BNP needs shake up
It's not all bad news in China's economy
Economic News
U.S. mortgage applications fall in latest week: MBA
ECB to keep loose policy 'for long time': Draghi
SUBSCRIBE TO OTHER REUTERS NEWSLETTERS
Counterparties
A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today  
 Money
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
- 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters
Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details
Subscribe to other Reuters newsletters.
Unsubscribe from this newsletter.
Follow us on Twitter facebook Friend us on Facebook Forward this newsletter to a friend Forward to a friend

No comments: