Finance news

• Civeo revenue forecast lags estimate, shares slide

  29-12-2014 23:48
  Dec 29 (Reuters) - Civeo Corp, a provider of oilfield accommodation services, forecast revenue for the first quarter and full year much below average analyst estimate, pulling down the company's...
  
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• Mexico telecoms regulator sets 2015 interconnection fees

  29-12-2014 23:23
  MEXICO CITY, Dec 29 (Reuters) - The Mexican telecoms regulator on Monday set the 2015 rates for interconnection fees between competing networks as part of measures to open up its historically...
  
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• Yuri Milner's DST Global plans to invest more in U.S. start-ups

  29-12-2014 23:16
  SAN FRANCISCO, Dec 29 (Reuters) - Yuri Milner, the billionaire Russian who holds the largest outside stake in Chinese handset maker Xiaomi, said he expects to invest more evenly between the United...
  
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• CANADA STOCKS-TSX closes higher, boosted by bank stocks

  29-12-2014 23:01
  TORONTO, Dec 29 (Reuters) - Canada's main stock index rose on Monday in its first session back from the Christmas holiday, lifted by a recovering financial sector.
  
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• GLOBAL MARKETS-Stocks edge up despite Greek angst; oil down sharply

  29-12-2014 22:59
  * Euro hits lowest in nearly 29 months versus U.S. dollar
  
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• Wall Street little changed but S&P hits record

  29-12-2014 22:58 via news.yahoo.com
  
  NEW YORK (Reuters) - U.S. stocks were little changed in thin trading on Monday as the S&P 500 notched its latest record high, but gains were curbed when an early rally in energy prices lost momentum.
  
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• U.S. suspects North Korea had help attacking Sony Pictures-source

  29-12-2014 22:46
  WASHINGTON/BOSTON, Dec 29 (Reuters) - U.S. investigators believe that North Korea likely hired hackers from outside the country to help with last month's massive cyberattack against Sony Pictures, an...
  
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• FOREX-Dollar hits fresh highs in thin trade on year-end bets

  29-12-2014 22:43
  * U.S. monetary policy divergence continues to lift dollar
  
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• Wall St little changed but S&P hits record

  29-12-2014 22:42 via news.yahoo.com
  
  By Chuck Mikolajczak NEW YORK (Reuters) - U.S. stocks were little changed in thin trading on Monday as the S&P 500 notched its latest record high, but gains were curbed when an early rally in energy prices lost momentum. Equities have trended to the upside of late, buoyed by data showing an improving economy and the U.S. Federal Reserve's commitment to be "patient" about raising interest rates. After the S&P 500 gained nearly 6 percent over the prior eight sessions, it not
  
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• Australia shares seen off to quiet start, NZ stocks scale new heights

  29-12-2014 22:41
  SYDNEY, Dec 30 (Reuters) - Australian shares are likely to have a quiet start on Tuesday, after falling oil prices held back Wall Street. The heavyweight resource and energy sectors may have a...
  
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• US STOCKS-Wall St little changed but S&P hits record

  29-12-2014 22:41
  * Dow off 0.09 pct, S&P 500 up 0.09 pct, Nasdaq flat (Updates to market close)
  
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• Dendreon heads to auction without initial bidder

  29-12-2014 22:40
  Dec 29 (Reuters) - Bankrupt cancer vaccine maker Dendreon Corp will move ahead with a court-supervised auction of the company without a customary initial bidder, known as a stalking horse, the...
  
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• CANADA FX DEBT-C$ little changed as rough 2014 winds down

  29-12-2014 22:36
  * Canadian dollar at C$1.1629 or 85.99 U.S. cents * Bond prices higher across the maturity curve (Adds quote; updates prices) By Leah Schnurr OTTAWA, Dec 29 (Reuters) - The Canadian dollar was little...
  
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• UPDATE 1-Brazil cuts pension, jobless benefits to prop up finances

  29-12-2014 22:31
  (Rewrites throughout to add minister comments, details of measures and context)
  
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• UPDATE 2-Indonesia seeks U.S. help to find missing plane -U.S. State Dept

  29-12-2014 22:21
  WASHINGTON, Dec 29 (Reuters) - Indonesia has formally asked the United States for help in locating the AirAsia jet carrying 162 people that went missing on Sunday, the U.S. State Department said on...
  
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• Wall St. ends flat, S&P edges up to record high

  29-12-2014 22:13 via news.yahoo.com
  
  (Reuters) - U.S. stocks ended little changed in thin trading on Monday and the S&P 500 notched its latest record high, but gains were curbed when an early rally in energy prices lost momentum. The Dow Jones industrial average fell 14.96 points, or 0.08 percent, to 18,038.75, the S&P 500 gained 1.9 points, or 0.09 percent, to 2,090.67 and the Nasdaq Composite added 0.05 points, or 0 percent, to 4,806.91. (Reporting By Sinead Carew; Editing by Nick Zieminski)
  
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• US STOCKS SNAPSHOT-Wall St. ends flat, S&P edges up to record high

  29-12-2014 22:09
  Dec 29 (Reuters) - U.S. stocks ended little changed in thin trading on Monday and the S&P 500 notched its latest record high, but gains were curbed when an early rally in energy prices lost momentum.
  
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• Food and medication insecurity tied to poor diabetes control

  29-12-2014 22:08 via news.yahoo.com
  
  By Andrew M. Seaman (Reuters Health) - People without reliable sources of food and medicine are more likely to have poor control over their diabetes, compared to those without such concerns, according to a new study. Researchers found the likelihood of a person having poorly controlled diabetes increased by about 39 percent for each of the so-called economic insecurities they reported. “What we found is that food and medication are a big deal and probably account for the bulk of it, but it doe
  
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• CANADA STOCKS-TSX closes up as financial, energy stocks rise

  29-12-2014 22:07
  TORONTO, Dec 29 (Reuters) - Canada's main stock index closed higher on Monday, boosted by bank stocks and energy shares, which rose even as the price of oil dropped.
  
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• Mysterious FX cycle may challenge yen bears in 2015

  29-12-2014 22:00
  TOKYO, Dec 30 (Reuters) - Yen bears betting that the Japanese currency will keep declining for a few more years could be wrong-footed based on a mysterious 8-year pricing cycle that has proved...
  
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• UPDATE 4-Virgin Atlantic plane with landing-gear fault lands safely

  29-12-2014 21:53
  LONDON, Dec 29 (Reuters) - A Virgin Atlantic plane with landing-gear problems safely made a "non-standard" landing on Monday at London's Gatwick Airport, which for a few hours was forced to delay...
  
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• GLOBAL MARKETS-Stocks edge up despite Greece; oil falls sharply

  29-12-2014 21:48
  * Euro hits lowest in nearly 29 months versus U.S. dollar
  
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• UPDATE 2-Google's Gmail blocked in China

  29-12-2014 21:39
  BEIJING, Dec 29 (Reuters) - Google Inc's Gmail was blocked in China after months of disruptions to the world's biggest email service, with an anti-censorship advocate suggesting the Great Firewall...
  
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• US stocks mostly higher despite new fears over Greek bailout

  29-12-2014 21:10 via news.yahoo.com
  
  NEW YORK (AP) — U.S. stocks were mostly higher on Monday afternoon as Wall Street winds down the year in this holiday-shortened week. European indexes fell on news that Greece will hold early elections that could endanger its bailout program. Asian indexes rose after Chinese regulators announced measures to stimulate the world's second-largest economy.
  
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• TREASURIES-Bond prices rise as Greek election concerns spur bids

  29-12-2014 21:04
  * Greek election uncertainty creates safety bid for U.S. bonds * Yield curve steepens from 6-1/2-year lows * Month-end extension buying adds to early bond strength * Trading volume stays light ahead...
  
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• Burger chain Shake Shack files for IPO

  29-12-2014 21:00
  
  (Reuters) - Burger chain Shake Shack Inc, which grew out of a hot dog stand in New York's Madison Square Park, has filed for an initial public offering at a time when stock offerings by casual...
  
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• UPDATE 2-Burger chain Shake Shack files for IPO

  29-12-2014 20:59
  Dec 29 (Reuters) - Burger chain Shake Shack Inc, which grew out of a hot dog stand in New York's Madison Square Park, has filed for an initial public offering at a time when stock offerings by casual...
  
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• Chicago pension reform litigation extends to second city fund

  29-12-2014 20:58
  CHICAGO, Dec 29 (Reuters) - Litigation seeking to derail changes to Chicago public worker pensions on constitutional grounds ensnared a second city retirement system on Monday.
  
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• U.S. hog prices to struggle after modest post-New Year's bounce

  29-12-2014 20:56
  CHICAGO, Dec 29 (Reuters) - The recent slump in U.S. hog prices is expected to ease around the start of the new year, when packers resume normal operations after closures during year-end holiday...
  
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• Brazil to save up to $6.7 bln with measures to cut pension benefits

  29-12-2014 20:53
  BRASILIA, Dec 29 (Reuters) - The Brazilian government should save up to 18 billion reais ($6.7 billion) per year with measures to reduce unemployment and pension benefits, incoming Planning Minister...
  
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• UPDATE 1-Jeb Bush resigns from Rayonier's board

  29-12-2014 20:48
  Dec 29 (Reuters) - Potential Republican presidential candidate Jeb Bush notified real estate investment trust Rayonier Inc that he will resign from its board, effective Dec. 31.
  
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• UPDATE 1-Indonesia seeks U.S. help to find missing plane -U.S. State Dept

  29-12-2014 20:40
  WASHINGTON, Dec 29 (Reuters) - Indonesia has asked the United States for help in locating the AirAsia jet that went missing on Sunday carrying 162 people, the U.S. State Department said on...
  
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• Argentina says October economic activity index edged up 0.1 pct

  29-12-2014 20:24
  BUENOS AIRES, Dec 29 (Reuters) - Argentina's economic activity index edged up 0.1 percent in October versus the same month last year, official data showed on Monday.
  
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• Apollo Global may bid for Portugal's Novo Banco: Bloomberg

  29-12-2014 20:23
  
  (Reuters) - Private equity firm Apollo Global Management LLC is considering making a bid for Portuguese lender Novo Banco SA, the bank carved out of Banco Espirito Santo SA (BES) , Bloomberg...
  
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• Argentina posts $736 mln current account deficit in 3rd qtr

  29-12-2014 20:20
  BUENOS AIRES, Dec 29 (Reuters) - Argentina on Monday reported a current account deficit of $736 million in the third quarter after posting a $609 million surplus in the second quarter.
  
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• US stocks trade mixed amid new fear over Greece

  29-12-2014 20:16 via news.yahoo.com
  
  NEW YORK (AP) — U.S. stocks were mixed on Monday afternoon as Wall Street winds down the year in this holiday-shortened week. European indexes fell on news that Greece will hold early elections that could endanger its bailout program. Asian indexes rose after Chinese regulators announced measures to stimulate the world's second-largest economy.
  
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• US STOCKS-Wall St little changed as energy pares gains

  29-12-2014 20:13
  * Dow off 0.05 pct, S&P 500 up 0.1 pct, Nasdaq off 0.09 pct (Updates to mid-afternoon trading, changes byline)
  
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• John Bush resigns from Rayonier's board

  29-12-2014 20:12
  Dec 29 (Reuters) - Rayonier Inc, a real estate investment trust, said independent director John Bush notified that he will resign from the company's board, effective Dec. 31.
  
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• Small U.S. firms may struggle with new UPS, FedEx dimensional prices

  29-12-2014 20:11
  CHICAGO, Dec 29 (Reuters) - United Parcel Service Inc and FedEx Corp are rolling out new pricing systems to curb online retailers' large package sizes, but industry experts warn many small firms are...
  
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• Argentina says industrial output fell 2.1 pct in November y/y

  29-12-2014 20:07
  BUENOS AIRES, Dec 29 (Reuters) - Argentina's industrial output shrank 2.1 percent in November versus November 2013, the Economy Ministry said on Monday, marking the 16th consecutive monthly...
  
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• AdvisorHUB site tried to sell broker data to major wirehouses

  29-12-2014 19:51
  NEW YORK (Reuters) - (This is a correction to Dec. 19 story, which originally lacked the word 'temporarily' in 11th paragraph.)
  
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• Greek opposition leader vows to protect Greek bank deposits

  29-12-2014 19:38
  ATHENS, Dec 29 (Reuters) - Greek opposition leader Alexis Tsipras on Monday promised to protect bank deposits in the country if he came to power in next month's election, in a bid to allay fears that...
  
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• Caesars details plan as restructuring deadline nears

  29-12-2014 19:33
  (Reuters) - Caesars Entertainment Corp said on Monday more than 39 percent of senior bondholders backed a restructuring plan, bringing it closer to a key level of creditor support, and it released...
  
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• U.S. Fed awards fewest reverse repos in a year

  29-12-2014 19:29
  NEW YORK, Dec 29 (Reuters) - The U.S. Federal Reserve on Monday awarded $29.17 billion of overnight fixed-rate reverse repurchase agreements to 21 bidders at an interest rate of 0.05 percent, the New...
  
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• Female CFOs less inclined to risky business tax-dodging -U.S. study

  29-12-2014 19:24
  WASHINGTON, Dec 29 (Reuters) - Female chief financial officers at U.S. corporations are less likely to adopt high-risk tax-avoidance strategies than their male counterparts, according to a study by...
  
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• Hopes for China growth nudge US stocks higher

  29-12-2014 19:20 via news.yahoo.com
  
  NEW YORK (AP) — U.S. stocks are mostly higher Monday afternoon as Wall Street winds down the year in this holiday-shortened week. Asian indexes rose after Chinese regulators announced measures to stimulate the world's second-largest economy. European indexes were mixed as Greece headed for early elections that could endanger its bailout program.
  
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• Athens angst hits southern European stock markets

  29-12-2014 19:15
  LONDON, Dec 29 (Reuters) - Greek shares slid on Monday, hitting other southern European markets, after lawmakers rejected the government's candidate for president and set in train a snap election...
  
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• India's Modi says will change rules, laws for manufacturing

  29-12-2014 18:56
  NEW DELHI, Dec 29 (Reuters) - Indian Prime Minister Narendra Modi said on Monday his government was ready to change rules and laws to speed up manufacturing under the "Make in India" programme,...
  
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• CORRECTED-Credit Suisse to fight New York mortgage securities case

  29-12-2014 18:47
  ZURICH, Dec 29 (Reuters) - Credit Suisse Group AG has signalled that it intends to fight a U.S. lawsuit that accuses the Swiss bank of deceiving investors in mortgage-backed securities it had issued.
  
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• Britain's TalkTalk lining up deal for Tesco's Blinkbox: FT

  29-12-2014 18:13
  LONDON (Reuters) - British broadband provider TalkTalk is in negotiations to buy grocer Tesco's loss-making video-streaming service Blinkbox to bolster its TV business, the Financial Times said on...
  
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