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US consumer spending posts slower growth in July
By MARTIN CRUTSINGER - AP - Mon Aug 29, 8:02AM CDT
WASHINGTON (AP) — American consumers boosted spending at a slower pace in July, while their incomes accelerated slightly.
Banks, Brokerage Firms Sued for Australian Rate Rigging
Zacks Equity Research - Zacks Investment Research - Fri Aug 19, 11:02AM CDT
Major global banks and brokerage firms have been sued for alleged manipulation of the Australian benchmark rate.
WBK: 22.37 (-0.33), C: 47.90 (+0.64), CS: 12.75 (+0.30), HSBC: 36.57 (+0.44), DB: 14.39 (+0.47), UBS: 14.28 (+0.18), RBS: 5.24 (+0.03), MS: 32.19 (+0.78), JPM: 67.50 (+0.55), RY: 62.46 (-0.33), LYG: 3.16 (+0.06)
Uniqlo's search for self ... and global dominance
By YURI KAGEYAMA - AP - Wed Jun 15, 3:30PM CDT
TOKYO (AP) — Japanese clothing chain Uniqlo has leveraged its prowess in mass production to build a fashion empire filled with shelves upon shelves of affordable, good quality items like down jackets, underwear and T-shirts.
GPS: 25.34 (-1.14)
5 European Stocks to Buy as ECB Unleashes More Stimulus
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 9:56AM CDT
ECB launched corporate bond purchases for the first time ever on June 8, adding investment grade credit to its asset purchases.
BUD: 125.37 (-0.97), GS: 169.37 (+2.50), TEF: 9.96 (+0.06), FCAU: 6.96 (+0.12), BAC: 16.19 (+0.35)
US hiring grinds to a near-halt; many stop looking for work
By CHRISTOPHER S. RUGABER and JOSH BOAK - AP - Fri Jun 03, 4:37PM CDT
WASHINGTON (AP) — U.S. hiring slowed to a near-standstill in May, sowing doubts about the economy's health and complicating the Federal Reserve's efforts to raise interest rates.
US says Iran open for business, but Europe's banks disagree
By JOSH LEDERMAN - AP - Thu May 12, 1:17PM CDT
LONDON (AP) — The Obama administration's calls for restoring global business ties with Iran are falling flat in Europe, where risk-averse banks told U.S. Secretary of State John Kerry on Thursday that they don't believe they can do business in the Islamic Republic without triggering U.S. sanctions.
Goldman Faces Regulatory Probe Linked to Panama Papers
Zacks Equity Research - Zacks Investment Research - Thu May 12, 7:18AM CDT
As the huge trove of leaked documents or the "Panama Papers" continues to prompt government investigations around the world, Wall Street giant The Goldman Sachs Group, Inc. (GS) becomes the latest bank to come under regulatory scanner
GS: 169.37 (+2.50), CS: 12.75 (+0.30), DB: 14.39 (+0.47)
Kerry: Businesses using US sanctions as excuse to avoid Iran
By JOSH LEDERMAN - AP - Tue May 10, 12:01PM CDT
LONDON (AP) — Businesses around the world are using the United States as an excuse to avoid doing business with Iran, U.S. Secretary of State John Kerry said Tuesday as he declared the Islamic Republic "open for business" for European banks.
US productivity shrinks again in first quarter
By MARTIN CRUTSINGER - AP - Wed May 04, 8:59AM CDT
WASHINGTON (AP) — The productivity of American workers fell again in the first three months of the year, while labor costs for employers rose at the fastest pace in more than a year.
High Court sides with families of '83 Beirut bombing victims
By MARK SHERMAN - AP - Wed Apr 20, 3:50PM CDT
WASHINGTON (AP) — The Supreme Court on Wednesday cleared the way for families of victims of the 1983 Marine barracks bombing in Beirut and other attacks linked to Iran to collect nearly $2 billion in frozen Iranian funds.
Mobile chat apps Line, Kakao flourishing among young Asians
By YOUKYUNG LEE and YURI KAGEYAMA - AP - Tue Apr 05, 2:36AM CDT
SEOUL, South Korea (AP) — Forget Facebook and Twitter.
Banks in Trouble: ISDAfix Manipulation Charges on Board
Zacks Equity Research - Zacks Investment Research - Tue Mar 29, 1:45PM CDT
The attempts of more than a dozen global banks suffered a major setback after a federal judge in Manhattan rejected their bid to discard a private lawsuit yesterday.
BCS: 8.92 (+0.22), C: 47.90 (+0.64), CS: 12.75 (+0.30), HSBC: 36.57 (+0.44), DB: 14.39 (+0.47), WFC: 50.62 (+1.06), BAC: 16.19 (+0.35), UBS: 14.28 (+0.18), RBS: 5.24 (+0.03), GS: 169.37 (+2.50), JPM: 67.50 (+0.55), NMR: 4.60 (+0.06)
The Latest: European stocks close down amid world volatility
By The Associated Press - AP - Tue Feb 09, 11:59AM CST
LONDON (AP) — The latest on the turmoil afflicting global financial markets (all times local):
US manufacturing weakens in line with China factory slowdown
By PAUL WISEMAN - AP - Mon Feb 01, 10:42AM CST
WASHINGTON (AP) — Factory activity in the world's two biggest economies — the United States and China — slowed in January, a discouraging trend for the global economy.
Survey: US consumer confidence slips in January
By PAUL WISEMAN - AP - Fri Jan 29, 9:55AM CST
WASHINGTON (AP) — American consumers lost some confidence this month after the stock market tumbled and the economy showed signs of weakness, the University of Michigan said Friday.
US retail sales dipped in Dec.; low gas prices a key factor
By JOSH BOAK - AP - Fri Jan 15, 8:13AM CST
WASHINGTON (AP) — Americans tapered off from shopping toward the end of the holiday season, while lower gasoline prices cut into overall retail sales in December.
JPMorgan Asia Units Face Regulatory Fine in Hong Kong
Zacks Equity Research - Zacks Investment Research - Wed Dec 16, 2:10PM CST
JPMorgan has been levied with a $3.9-million fine (HK$30 million) by Hong Kong's securities watchdog SFC.
JPM: 67.50 (+0.55), HSBC: 36.57 (+0.44), PNC: 88.87 (+0.95)
Retails sales rise in November as shopping picks up
By JOSH BOAK and ANNE D'INNOCENZIO - AP - Fri Dec 11, 10:20AM CST
WASHINGTON (AP) — Holiday shoppers are off to a solid but unspectacular start as retail sales registered a modest gain in November.
TGT: 70.39 (-0.66), M: 38.19 (-0.50)
Banks Get Rid of EU Charges of Colluding in the CDS Market
Zacks Equity Research - Zacks Investment Research - Mon Dec 07, 4:34PM CST
13 global banking giants got some relief as the European Commission closed antitrust proceedings against the banks over alleged collusion in the credit-derivatives market owing to lack of evidence.
BCS: 8.92 (+0.22), CS: 12.75 (+0.30), C: 47.90 (+0.64), HSBC: 36.57 (+0.44), DB: 14.39 (+0.47), BAC: 16.19 (+0.35), UBS: 14.28 (+0.18), RBS: 5.24 (+0.03), MS: 32.19 (+0.78), CME: 107.84 (+0.49), GS: 169.37 (+2.50), JPM: 67.50 (+0.55)
RBS : The Latest Bank to Cut Back Russian Business
Zacks Equity Research - Zacks Investment Research - Tue Dec 01, 9:40AM CST
The Royal Bank of Scotland Group plc (RBS) became the latest foreign bank to cut Russian operations as the UK- based banking giant inked a deal to sell its subsidiary bank in Russia to Expobank LLC
BCS: 8.92 (+0.22), DB: 14.39 (+0.47), RBS: 5.24 (+0.03)
US consumer spending posts slower growth in July
By MARTIN CRUTSINGER - AP - Mon Aug 29, 8:02AM CDT
WASHINGTON (AP) — American consumers boosted spending at a slower pace in July, while their incomes accelerated slightly.
Banks, Brokerage Firms Sued for Australian Rate Rigging
Zacks Equity Research - Zacks Investment Research - Fri Aug 19, 11:02AM CDT
Major global banks and brokerage firms have been sued for alleged manipulation of the Australian benchmark rate.
WBK: 22.37 (-0.33), C: 47.90 (+0.64), CS: 12.75 (+0.30), HSBC: 36.57 (+0.44), DB: 14.39 (+0.47), UBS: 14.28 (+0.18), RBS: 5.24 (+0.03), MS: 32.19 (+0.78), JPM: 67.50 (+0.55), RY: 62.46 (-0.33), LYG: 3.16 (+0.06)
Uniqlo's search for self ... and global dominance
By YURI KAGEYAMA - AP - Wed Jun 15, 3:30PM CDT
TOKYO (AP) — Japanese clothing chain Uniqlo has leveraged its prowess in mass production to build a fashion empire filled with shelves upon shelves of affordable, good quality items like down jackets, underwear and T-shirts.
GPS: 25.34 (-1.14)
5 European Stocks to Buy as ECB Unleashes More Stimulus
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 9:56AM CDT
ECB launched corporate bond purchases for the first time ever on June 8, adding investment grade credit to its asset purchases.
BUD: 125.37 (-0.97), GS: 169.37 (+2.50), TEF: 9.96 (+0.06), FCAU: 6.96 (+0.12), BAC: 16.19 (+0.35)
US hiring grinds to a near-halt; many stop looking for work
By CHRISTOPHER S. RUGABER and JOSH BOAK - AP - Fri Jun 03, 4:37PM CDT
WASHINGTON (AP) — U.S. hiring slowed to a near-standstill in May, sowing doubts about the economy's health and complicating the Federal Reserve's efforts to raise interest rates.
US says Iran open for business, but Europe's banks disagree
By JOSH LEDERMAN - AP - Thu May 12, 1:17PM CDT
LONDON (AP) — The Obama administration's calls for restoring global business ties with Iran are falling flat in Europe, where risk-averse banks told U.S. Secretary of State John Kerry on Thursday that they don't believe they can do business in the Islamic Republic without triggering U.S. sanctions.
Goldman Faces Regulatory Probe Linked to Panama Papers
Zacks Equity Research - Zacks Investment Research - Thu May 12, 7:18AM CDT
As the huge trove of leaked documents or the "Panama Papers" continues to prompt government investigations around the world, Wall Street giant The Goldman Sachs Group, Inc. (GS) becomes the latest bank to come under regulatory scanner
GS: 169.37 (+2.50), CS: 12.75 (+0.30), DB: 14.39 (+0.47)
Kerry: Businesses using US sanctions as excuse to avoid Iran
By JOSH LEDERMAN - AP - Tue May 10, 12:01PM CDT
LONDON (AP) — Businesses around the world are using the United States as an excuse to avoid doing business with Iran, U.S. Secretary of State John Kerry said Tuesday as he declared the Islamic Republic "open for business" for European banks.
US productivity shrinks again in first quarter
By MARTIN CRUTSINGER - AP - Wed May 04, 8:59AM CDT
WASHINGTON (AP) — The productivity of American workers fell again in the first three months of the year, while labor costs for employers rose at the fastest pace in more than a year.
High Court sides with families of '83 Beirut bombing victims
By MARK SHERMAN - AP - Wed Apr 20, 3:50PM CDT
WASHINGTON (AP) — The Supreme Court on Wednesday cleared the way for families of victims of the 1983 Marine barracks bombing in Beirut and other attacks linked to Iran to collect nearly $2 billion in frozen Iranian funds.
Mobile chat apps Line, Kakao flourishing among young Asians
By YOUKYUNG LEE and YURI KAGEYAMA - AP - Tue Apr 05, 2:36AM CDT
SEOUL, South Korea (AP) — Forget Facebook and Twitter.
Banks in Trouble: ISDAfix Manipulation Charges on Board
Zacks Equity Research - Zacks Investment Research - Tue Mar 29, 1:45PM CDT
The attempts of more than a dozen global banks suffered a major setback after a federal judge in Manhattan rejected their bid to discard a private lawsuit yesterday.
BCS: 8.92 (+0.22), C: 47.90 (+0.64), CS: 12.75 (+0.30), HSBC: 36.57 (+0.44), DB: 14.39 (+0.47), WFC: 50.62 (+1.06), BAC: 16.19 (+0.35), UBS: 14.28 (+0.18), RBS: 5.24 (+0.03), GS: 169.37 (+2.50), JPM: 67.50 (+0.55), NMR: 4.60 (+0.06)
The Latest: European stocks close down amid world volatility
By The Associated Press - AP - Tue Feb 09, 11:59AM CST
LONDON (AP) — The latest on the turmoil afflicting global financial markets (all times local):
US manufacturing weakens in line with China factory slowdown
By PAUL WISEMAN - AP - Mon Feb 01, 10:42AM CST
WASHINGTON (AP) — Factory activity in the world's two biggest economies — the United States and China — slowed in January, a discouraging trend for the global economy.
Survey: US consumer confidence slips in January
By PAUL WISEMAN - AP - Fri Jan 29, 9:55AM CST
WASHINGTON (AP) — American consumers lost some confidence this month after the stock market tumbled and the economy showed signs of weakness, the University of Michigan said Friday.
US retail sales dipped in Dec.; low gas prices a key factor
By JOSH BOAK - AP - Fri Jan 15, 8:13AM CST
WASHINGTON (AP) — Americans tapered off from shopping toward the end of the holiday season, while lower gasoline prices cut into overall retail sales in December.
JPMorgan Asia Units Face Regulatory Fine in Hong Kong
Zacks Equity Research - Zacks Investment Research - Wed Dec 16, 2:10PM CST
JPMorgan has been levied with a $3.9-million fine (HK$30 million) by Hong Kong's securities watchdog SFC.
JPM: 67.50 (+0.55), HSBC: 36.57 (+0.44), PNC: 88.87 (+0.95)
Retails sales rise in November as shopping picks up
By JOSH BOAK and ANNE D'INNOCENZIO - AP - Fri Dec 11, 10:20AM CST
WASHINGTON (AP) — Holiday shoppers are off to a solid but unspectacular start as retail sales registered a modest gain in November.
TGT: 70.39 (-0.66), M: 38.19 (-0.50)
Banks Get Rid of EU Charges of Colluding in the CDS Market
Zacks Equity Research - Zacks Investment Research - Mon Dec 07, 4:34PM CST
13 global banking giants got some relief as the European Commission closed antitrust proceedings against the banks over alleged collusion in the credit-derivatives market owing to lack of evidence.
BCS: 8.92 (+0.22), CS: 12.75 (+0.30), C: 47.90 (+0.64), HSBC: 36.57 (+0.44), DB: 14.39 (+0.47), BAC: 16.19 (+0.35), UBS: 14.28 (+0.18), RBS: 5.24 (+0.03), MS: 32.19 (+0.78), CME: 107.84 (+0.49), GS: 169.37 (+2.50), JPM: 67.50 (+0.55)
RBS : The Latest Bank to Cut Back Russian Business
Zacks Equity Research - Zacks Investment Research - Tue Dec 01, 9:40AM CST
The Royal Bank of Scotland Group plc (RBS) became the latest foreign bank to cut Russian operations as the UK- based banking giant inked a deal to sell its subsidiary bank in Russia to Expobank LLC
BCS: 8.92 (+0.22), DB: 14.39 (+0.47), RBS: 5.24 (+0.03)
