Result Page 1078 for Latest Markets / Finance News & Archive

YouTube gets Hispanic shows in Univision deal

Spanish-language media company Univision Communications Inc said on Monday it has reached an agreement to feature short and full-length programs on Google Inc's online video site YouTube.

Daily Forecast - 17/11/2009

With no local economic data released yesterday the Australian dollar bounced around between 0.9320 and 0.9350 for the majority of the Asian day searching for direction. The directionless trade continued well into the evening and throughout the European session only coming to life in North American exchange. Consumer Spending data out of the U.S surprised to the upside triggering a surge in demand for equities and riskier assets in general which benefited the Aussie dollar. At its peak the AUD/US...

Fed's Fisher: Treasury issuance risks higher rates

The U.S. government's growing indebtedness could put upward pressure on borrowing costs, Dallas Federal Reserve Bank President Richard Fisher said on Monday.

Developers Diversified ends CMBS drought

U.S. mall owner Developers Diversified Realty Corp snapped a dry spell of nearly a year and a half by selling $400 million of new commercial mortgage bonds on Monday, with help from an emergency Federal Reserve lending program.

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Microsoft's Zune to take on iTunes outside US

Microsoft is launching its Zune media brand outside the US for the first time, a move to grab shares from the dominating Apple iTune after failure to compete with iPod.

Stocks at 13-month highs as dollar slips

U.S. stocks rose on Monday to 13-month highs led by energy and materials shares even as Federal Reserve Chairman Ben Bernanke said the economic expansion probably will not be as robust as hoped.

J.P. Morgan seen close to $1.7 billion Cazenove deal

J.P. Morgan is close to buying out British stockbroker Cazenove in a deal likely to be worth almost 1 billion pounds ($1.7 billion) and trigger windfalls for dozens of London's top dealmakers.

Fed's Bernanke watching dollar drop closely

The U.S. central bank is monitoring the declining value of the dollar closely as part of its commitment to both jobs growth and price stability, Federal Reserve Chairman Ben Bernanke said on Monday. In a rare commentary on the value of the dollar, Bernanke drew a link between its current weakness and inflation risks.

Fed proposes crackdown on excessive gift card fees

The U.S. Federal Reserve stepped up its consumer protection efforts for the second time in less than a week on Monday, proposing to limit the ability of gift card issuers to impose excessive fees.

Bernanke says watching dollar drop closely

Federal Reserve Chairman Ben Bernanke said on Monday that the U.S. central bank was monitoring the declining value of the dollar closely, saying the Fed was committed to both jobs growth and price stability.

Google to talk with Chinese authors over copyright

Google is to talk with Chinese writers and publishers over copyright violations, a move following the search engine's settlement with some Western countries, Global Times reported on Monday.

Commodities lift stocks to 13-month highs

Commodity-related stocks led Wall Street to 13-month highs on Monday, as oil and metals prices rose, lifted by a weak U.S. dollar.

IMF chief urges China to let yuan rise

A stronger yuan is part of the policy mix that Beijing needs to increase domestic consumption and help ease global imbalances, the head of the International Monetary Fund said on Monday.

Canon seeks printer power with $1.1 billion Oce bid

Japan's Canon plans to buy Dutch copier and printer maker Oce for 730 million euros ($1.1 billion), in a challenge to rivals Ricoh and Xerox in the hunt for growth.

Capital One, Discover credit card defaults lower

Capital One Financial Corp and Discover Financial Services reported credit card defaults fell in October, but delinquencies rose in a sign that consumers remain under stress and the sector can expect more pain ahead.

Asseco plans issue for mergers,to swap treasury shrs

Asseco Poland, Eastern Europe's largest software maker, plans to replace 9.3 million of its treasury shares with new issues over the next three years to fund acquisitions.

Intel boosts quarterly cash dividend

Giant chipmaker Intel Corp raised its quarterly dividend by 12.5 percent on Monday, citing strong business prospects.

GM posts loss, vows to repay U.S. debt early

General Motors Co posted a quarterly loss on Monday but said stabilizing sales since its bankruptcy would allow it to begin paying down $8.1 billion in debt to the United States and Canada next month.

Vodafone seeks extension for Indian tax claim reply

Vodafone is seeking an extension to Monday's deadline for a tax claim issued by India over the British mobile phone operator's $11.2 billion purchase of Hutchison Telecom's Indian operations in 2007.

Stocks rise on retail sales, commodities

U.S. stocks rose sharply on Monday, adding to two weeks of gains, as data showed consumers spent more than expected in October and a decline in the U.S. dollar helped lift commodity prices and boost natural resource stocks.

Stocks open up after retail sales data

U.S. stocks opened higher on Monday, adding to two weeks of gains, as a decline in the U.S. dollar helped lift commodity prices and boost natural resource stocks, while data showed consumers spent more than expected in October.

Stocks set to rise as commodities boost

Wall Street was set to rise at the open on Monday, adding to two weeks of gains, as a decline in the U.S. dollar helped lift commodity prices and boost natural resource stocks while data showed consumers spent more than expected in October.

Retail sales rise faster-than-expected

Sales at U.S. retailers rose more than expected in October as consumers bought more motor vehicles and other goods, but the previous month's figures were revised sharply downward, a government report showed on Monday.

U.S. retail sales rise faster-than-expected in October

Strong autos to lift October U.S. retail sales

U.S. retail sales rebounded in October as vehicle purchases rose even without support from government incentives, a Reuters survey predicted, which could allay some fears over the strength of the economy's recovery.

Futures rise as dollar slides, commodities gain

U.S. stock index futures gained on Monday, taking a cue from rising global markets, as a weaker dollar lifted commodity prices in a boost to natural resource stocks and investors looked ahead to economic data and a speech by the Federal Reserve chairman.

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