ALMATY, Kazakhstan, Aug 1 (Reuters) - Inflation at
Kazakhstan in July was 0.5 percent month-on-month, versus 0.4
percent in June, the country's statistics committee said on
Monday.
Read more
Sunday, July 31, 2016
RPT-Helicopter money talk takes flight as Bank of Japan runs out of runway
TOKYO, July 31 (Reuters) - The Bank of Japan's review of its
monetary stimulus programme promised for September has revived
expectations it could adopt some form of "helicopter money",
printing money...
Read more
monetary stimulus programme promised for September has revived
expectations it could adopt some form of "helicopter money",
printing money...
Read more
GLOBAL ECONOMY WEEKAHEAD-Bank of England prepares to tackle Brexit hit
LONDON, July 29 (Reuters) - The Bank of England (BoE) must
decide over the coming week how much trouble Britain's economy
is in following the shock vote to leave the European Union, and
how much...
Read more
decide over the coming week how much trouble Britain's economy
is in following the shock vote to leave the European Union, and
how much...
Read more
Fed's Dudley urges caution on rate hikes, cites risks to U.S.
Aug 1 (Reuters) - The Federal Reserve should be cautious in
considering an interest rate increase due to lingering risks to
the U.S. economy, one of the central bank's most influential
policymakers...
Read more
considering an interest rate increase due to lingering risks to
the U.S. economy, one of the central bank's most influential
policymakers...
Read more
RPT-INSIGHT-Iran's global banking problems deepen with rise of Trump, Brexit
LONDON/ANKARA, July 29 (Reuters) - Britain's vote to leave
the European Union and the rise of U.S. presidential nominee
Donald Trump have paralysed efforts by Western governments to
encourage already...
Read more
the European Union and the rise of U.S. presidential nominee
Donald Trump have paralysed efforts by Western governments to
encourage already...
Read more
COLUMN-Paradise Lost? - The decline of the European ideal
BRUSSELS, July 31 (Reuters) - After years of dodging bullets
and muddling through, the European Union has taken one in the
chest with Britain's referendum vote to leave the prosperous
continental...
Read more
and muddling through, the European Union has taken one in the
chest with Britain's referendum vote to leave the prosperous
continental...
Read more
Don't panic, Nigerian governor says, as bank shake-out looms
LAGOS, July 29 (Reuters) - Breaking the central bankers'
taboo on use of the 'p-word', Nigeria's Godwin Emefiele is
urging people not to panic about the banking system, saying he
is on top of any...
Read more
taboo on use of the 'p-word', Nigeria's Godwin Emefiele is
urging people not to panic about the banking system, saying he
is on top of any...
Read more
Helicopter money talk takes flight as Bank of Japan runs out of runway
TOKYO, July 31 (Reuters) - The Bank of Japan's review of its
monetary stimulus programme promised for September has revived
expectations it could adopt some form of "helicopter money",
printing money...
Read more
monetary stimulus programme promised for September has revived
expectations it could adopt some form of "helicopter money",
printing money...
Read more
Saturday, July 30, 2016
UPDATE 1-Colombia 2017 budget to grow 6.6 pct to $72.6 bln -minister
BOGOTA, July 29 (Reuters) - Colombia's government will seek
congressional approval for a 2017 budget that is 6.6 percent
more than this year's, Finance Minister Mauricio Cardenas said
on Friday,...
Read more
congressional approval for a 2017 budget that is 6.6 percent
more than this year's, Finance Minister Mauricio Cardenas said
on Friday,...
Read more
Friday, July 29, 2016
Deutsche Bank scrapes through European banks stress test
FRANKFURT, July 30 (Reuters) - Deutsche Bank
showed a weaker reading in the European Union's banking stress
test than most of its peers, indicating that the lender still
has far to go in a revamp it...
Read more
showed a weaker reading in the European Union's banking stress
test than most of its peers, indicating that the lender still
has far to go in a revamp it...
Read more
Mexico's Alpek to pay up to $700 mln for Petrobras' petchem assets- source
SAO PAULO, July 29 (Reuters) - Mexico's Alpek SA de CV
is expected to offer up to $700 million for
Brazilian state-run oil company Petroleo Brasileiro SA's
petrochemicals units in the northeastern...
Read more
is expected to offer up to $700 million for
Brazilian state-run oil company Petroleo Brasileiro SA's
petrochemicals units in the northeastern...
Read more
EMERGING MARKETS-Brazil real, Mexico peso jump on U.S. data
(New throughout, updates prices and market activity, changes
second byline, adds second dateline)
By Bruno Federowski and Miguel Angel Gutierrez
SAO PAULO/MEXICO CITY, July 29 (Reuters) - The...
Read more
second byline, adds second dateline)
By Bruno Federowski and Miguel Angel Gutierrez
SAO PAULO/MEXICO CITY, July 29 (Reuters) - The...
Read more
BRIEF-Truett-Hurst announces renewal of credit facility
* Hurst - renewal provides maintains $10 million revolving
commitment,provides additional $500 thousand of available credit
for equipment financing
Read more
commitment,provides additional $500 thousand of available credit
for equipment financing
Read more
BRIEF-Hartford Financial Services Group says files for mixed shelf with U.S. SEC size undisclosed - SEC Filing
* Says files for mixed shelf with U.S. SEC; size undisclosed
- SEC filing
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
- SEC filing
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
UPDATE 2-DoubleLine's Gundlach says stock market frothy: 'Nothing looks good'
NEW YORK, July 29 (Reuters) - Jeffrey Gundlach, the chief
executive of DoubleLine Capital, said on Friday that many asset
classes look frothy and his firm continues to hold gold, a
traditional...
Read more
executive of DoubleLine Capital, said on Friday that many asset
classes look frothy and his firm continues to hold gold, a
traditional...
Read more
Speculators net longs in U.S. 10-year T-notes highest since 2012 -CFTC
July 29 (Reuters) - Speculators' net bullish bets on U.S.
10-year Treasury note futures rose this week ahead of the
Federal Reserve's latest policy statement, to the highest levels
since late 2012,...
Read more
10-year Treasury note futures rose this week ahead of the
Federal Reserve's latest policy statement, to the highest levels
since late 2012,...
Read more
Speculators raise U.S. dollar net longs to highest since Feb-CFTC, Reuters
NEW YORK, July 29 (Reuters) - Speculators raised bullish
U.S. dollar bets this week to the highest in nearly five months,
as investors were encouraged by a continued string of strong
U.S. economic...
Read more
U.S. dollar bets this week to the highest in nearly five months,
as investors were encouraged by a continued string of strong
U.S. economic...
Read more
BRIEF-Heartland Financial USA Inc files for a potential mixed shelf offering; size undisclosed
* Files for a potential mixed shelf offering; size undisclosed - SEC filing
Source - (http://bit.ly/2anDsmG)
Further company coverage:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
Source - (http://bit.ly/2anDsmG)
Further company coverage:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
Fed should not overreact to Friday's Q2 U.S. GDP data -Kaplan
ALBUQUERQUE, N.M., July 29 (Reuters) - Dallas Federal
Reserve Bank President Robert Kaplan on Friday played down the
weaker-than-expected gross domestic product growth reported for
the second quarter.
Read more
Reserve Bank President Robert Kaplan on Friday played down the
weaker-than-expected gross domestic product growth reported for
the second quarter.
Read more
BRIEF-Freddie Mac prices $1 bln K certificates
* Expects to issue approximately $1 billion in K
certificates which are expected to settle on or about August 10,
2016
Source text for Eikon:
Further company coverage:
Read more
certificates which are expected to settle on or about August 10,
2016
Source text for Eikon:
Further company coverage:
Read more
GLOBAL MARKETS-Dollar slides on GDP, Japan bonds fall on BOJ move
NEW YORK, July 29 (Reuters) - Weak U.S. GDP data knocked
down the dollar and yields on U.S. government debt on Friday,
while Japanese government bond yields rose the most in eight
years after...
Read more
down the dollar and yields on U.S. government debt on Friday,
while Japanese government bond yields rose the most in eight
years after...
Read more
EMERGING MARKETS-Brazil real jumps on U.S. data; stocks seesaw on corporate news
By Bruno Federowski and Paula Arend Laier
SAO PAULO, July 29 (Reuters) - The Brazilian real
strengthened more than its Latin American peers on Friday as the
central bank refrained from...
Read more
SAO PAULO, July 29 (Reuters) - The Brazilian real
strengthened more than its Latin American peers on Friday as the
central bank refrained from...
Read more
Canada posts narrower budget surplus at start of fiscal year
OTTAWA, July 29 (Reuters) - Canada posted a narrower
budgetary surplus in the first two months of the fiscal year
compared to the same time period a year ago as revenue
decreased, the federal finance...
Read more
budgetary surplus in the first two months of the fiscal year
compared to the same time period a year ago as revenue
decreased, the federal finance...
Read more
GLOBAL ECONOMY WEEKAHEAD-Bank of England prepares to tackle Brexit hit
LONDON, July 29 (Reuters) - The Bank of England (BoE) must
decide over the coming week how much trouble Britain's economy
is in following the shock vote to leave the European Union, and
how much...
Read more
decide over the coming week how much trouble Britain's economy
is in following the shock vote to leave the European Union, and
how much...
Read more
LPC: Sponsors take advantage of yield void to sell UFC loans
NEW YORK, July 29 (Reuters) - The private equity buyers of
mixed martial arts franchise Ultimate Fighting Championship
(UFC) are taking advantage of a thin supply of leveraged loans
and investors'...
Read more
mixed martial arts franchise Ultimate Fighting Championship
(UFC) are taking advantage of a thin supply of leveraged loans
and investors'...
Read more
UPDATE 1-Brazil's primary budget deficit smaller than expected in June
BRASILIA, July 29 (Reuters) - Brazil posted a hefty primary
budget deficit in June, central bank data showed on Friday, the
latest in a string of shortfalls that highlight the government's
challenges...
Read more
budget deficit in June, central bank data showed on Friday, the
latest in a string of shortfalls that highlight the government's
challenges...
Read more
U.S. banks dialed back risky loans early this year-regulators
WASHINGTON, July 29 (Reuters) - U.S. banks are weighted down
by loans to the struggling energy industry and risky credits to
the commercial sector but underwriting standards improved early
this year,...
Read more
by loans to the struggling energy industry and risky credits to
the commercial sector but underwriting standards improved early
this year,...
Read more
CORRECTED-Mexico's economy contracts in 2nd-qtr -preliminary data
MEXICO CITY, July 29 (Reuters) - Mexico's economy shrank
more than expected in the second quarter amid weakness in
factory output and services, according to preliminary data on
Friday.
Read more
more than expected in the second quarter amid weakness in
factory output and services, according to preliminary data on
Friday.
Read more
Brazil airline Gol swaps CFO and board members amid restructuring
SAO PAULO, July 29 (Reuters) - Brazilian airline Gol is
bringing back the chief financial officer who took the company
public and naming two new board members amid a tough debt
restructuring that has...
Read more
bringing back the chief financial officer who took the company
public and naming two new board members amid a tough debt
restructuring that has...
Read more
BRIEF-National General says unit enters restatement agreement to $250 mln credit agreement
* On July 28, unit entered into restatement agreement to
$250 million credit agreement dated September 15, 2014 - SEC
filing
Read more
$250 million credit agreement dated September 15, 2014 - SEC
filing
Read more
NextEra to buy bankrupt Energy Future and its stake in Oncor
July 29 (Reuters) - Power producer NextEra Energy Inc
said it had agreed to buy reorganized Energy Future
Holdings Corp and its indirect stake in Oncor Electric Delivery
Co in a deal with enterprise...
Read more
said it had agreed to buy reorganized Energy Future
Holdings Corp and its indirect stake in Oncor Electric Delivery
Co in a deal with enterprise...
Read more
CORRECTED-UK mortgage approvals hit 1-year low in June, consumer lending strong
LONDON, July 29 (Reuters) - British mortgage approvals
dipped to the lowest level since May 2015 in the weeks around
last month's vote to leave the European Union, but lending to
consumers expanded...
Read more
dipped to the lowest level since May 2015 in the weeks around
last month's vote to leave the European Union, but lending to
consumers expanded...
Read more
EMERGING MARKETS-Emerging stocks set for second month of gains
LONDON, July 29 (Reuters) - Emerging stocks were set for a
second month of gains on Friday though they slipped off 11-month
highs after Japan's new stimulus round disappointed markets,
while a plunge...
Read more
second month of gains on Friday though they slipped off 11-month
highs after Japan's new stimulus round disappointed markets,
while a plunge...
Read more
UPDATE 1-Not enough Japan easing sends euro zone bond yields higher
LONDON, July 29 (Reuters) - Euro zone yields rose with other
global bond benchmarks on Friday after the Bank of Japan
unveiled new monetary stimulus that fell short of market
expectations.
Read more
global bond benchmarks on Friday after the Bank of Japan
unveiled new monetary stimulus that fell short of market
expectations.
Read more
UBS plan for Monte dei Paschi proposes 3 bln euro cash call - paper
A last-minute rescue plan for Monte dei Paschi di Siena
proposed by Swiss bank UBS includes a smaller
capital increase than one currently envisaged by the troubled
Italian bank, financial daily Il...
Read more
proposed by Swiss bank UBS includes a smaller
capital increase than one currently envisaged by the troubled
Italian bank, financial daily Il...
Read more
Thursday, July 28, 2016
Euro zone bond yields rise after Japan's easing falls short of expectations
LONDON, July 29 (Reuters) - Euro zone bond yields rose in
early trading on Friday after the Bank of Japan unveiled new
monetary stimulus that fell short of market expectations.
Read more
early trading on Friday after the Bank of Japan unveiled new
monetary stimulus that fell short of market expectations.
Read more
JGBs plunge as BOJ easing steps contain no additional bond buys
TOKYO, July 29 (Reuters) - Japanese government bonds tumbled
on Friday, sending the benchmark 10-year yield to a one-month
high, after the Bank of Japan's steps to ease monetary policy
disappointed...
Read more
on Friday, sending the benchmark 10-year yield to a one-month
high, after the Bank of Japan's steps to ease monetary policy
disappointed...
Read more
Japan stimulus package includes $130 bln yen in "fiscal measures" - draft
TOKYO, July 29 (Reuters) - Japanese Prime Minister Shinzo
Abe's promised economic stimulus package will include 13.5
trillion yen ($130 billion) in "fiscal measures," both direct
government spending...
Read more
Abe's promised economic stimulus package will include 13.5
trillion yen ($130 billion) in "fiscal measures," both direct
government spending...
Read more
Nikkei erases gains and slips after BOJ's easing decision
TOKYO, July 29 (Reuters) - Japan's Nikkei share average
erased earlier gains and slipped on Friday after the Bank of
Japan eased monetary policy but not to the degree that many in
the market had...
Read more
erased earlier gains and slipped on Friday after the Bank of
Japan eased monetary policy but not to the degree that many in
the market had...
Read more
BRIEF-Yamana Gold Q2 EPS $0.03 from continuing operations
* Qtrly total gold production of 313,086 ounces at
by-product cash costs and all-in sustaining costs per ounce of
$664
Read more
by-product cash costs and all-in sustaining costs per ounce of
$664
Read more
Japan's MUFG agrees to buy Guggenheim's fund administration business
TOKYO, July 29 (Reuters) - Mitsubishi UFJ Financial Group
(MUFG) has agreed to buy a fund administration business
from Chicago-based investment and advisory firm Guggenheim
Partners, extending a...
Read more
(MUFG) has agreed to buy a fund administration business
from Chicago-based investment and advisory firm Guggenheim
Partners, extending a...
Read more
UPDATE 1-Gold miners keep chipping at costs, debt even as profits climb
TORONTO/VANCOUVER July 28 (Reuters) - Gold bullion prices
have increased 26 percent this year, but the world's biggest
gold miners are paring costs and selling assets to lower debt
despite the...
Read more
have increased 26 percent this year, but the world's biggest
gold miners are paring costs and selling assets to lower debt
despite the...
Read more
UPDATE 2-Detroit prices first GO bonds since bankruptcy
NEW YORK, July 28 (Reuters) - Detroit on Thursday sold its
first general obligation bonds since exiting bankruptcy in 2014,
lured back into the market to refund debt by near-record low
interest rates...
Read more
first general obligation bonds since exiting bankruptcy in 2014,
lured back into the market to refund debt by near-record low
interest rates...
Read more
CANADA FX DEBT-C$ resilient to oil fall as Fed weighs on greenback
* Canadian dollar settles at C$1.3161, or 75.98 U.S. cents
* Bond prices mixed across the maturity curve
By Alastair Sharp
TORONTO, July 28 (Reuters) - The Canadian dollar firmed
against...
Read more
* Bond prices mixed across the maturity curve
By Alastair Sharp
TORONTO, July 28 (Reuters) - The Canadian dollar firmed
against...
Read more
BRIEF-Citigroup announces approximately eur1.1 billion redemption of 4.75% fixed/floating rate
* Citigroup announces approximately EUR1.1 billion
redemption of 4.75% fixed / floating rate callable subordinated
notes due May 2017
Read more
redemption of 4.75% fixed / floating rate callable subordinated
notes due May 2017
Read more
BRIEF-CN announces US$650-million debt offering
* Plans to use net proceeds from offering for redemption and
refinancing of outstanding indebtedness, and share repurchases
Read more
refinancing of outstanding indebtedness, and share repurchases
Read more
UPDATE 1-U.S. consumer agency seeks to overhaul debt collection industry
WASHINGTON, July 28 (Reuters) - The U.S. watchdog for
consumer finances unveiled on Thursday a proposal to toughen
regulation of the multibillion-dollar debt collection industry,
with a focus on...
Read more
consumer finances unveiled on Thursday a proposal to toughen
regulation of the multibillion-dollar debt collection industry,
with a focus on...
Read more
Monte dei Paschi says considering letters from by Passera, UBS
MILAN, July 28 (Reuters) - Italy's Monte dei Paschi di Siena
said on Thursday it had received two letters from
former Italian industry minister Corrado Passera and Swiss bank
UBS, amid reports that...
Read more
said on Thursday it had received two letters from
former Italian industry minister Corrado Passera and Swiss bank
UBS, amid reports that...
Read more
BRIEF-Birchcliff Energy raises 2016 production guidance to 49,000 - 51,000 boe/d
* Increased its 2016 annual average production guidance to
49,000 to 51,000 boe/d from 40,000 to 41,000 boe/d
Read more
49,000 to 51,000 boe/d from 40,000 to 41,000 boe/d
Read more
UPDATE 1-IMF says mission to determine scale of Egypt financing
WASHINGTON, July 28 (Reuters) - The International Monetary
Fund said on Thursday that the size of Egypt's financing program
will be determined by a two-week IMF mission to Cairo starting
this weekend.
Read more
Fund said on Thursday that the size of Egypt's financing program
will be determined by a two-week IMF mission to Cairo starting
this weekend.
Read more
UPDATE 2-Extra yield tempts Italian bond investors ahead of bank tests
LONDON, July 28 (Reuters) - Investors bought over 8 billion
euros of new debt from Italy on Thursday, at some of the biggest
premiums seen since early 2015, a day before Rome faces a crunch
health...
Read more
euros of new debt from Italy on Thursday, at some of the biggest
premiums seen since early 2015, a day before Rome faces a crunch
health...
Read more
IMF says mission to determine scale of Egypt financing
WASHINGTON, July 28 (Reuters) - The International Monetary
Fund said on Thursday that the size of Egypt's financing program
will be determined by a two-week IMF mission to Cairo starting
this weekend.
Read more
Fund said on Thursday that the size of Egypt's financing program
will be determined by a two-week IMF mission to Cairo starting
this weekend.
Read more
BRIEF-S&P assigns 'AA+' rating to Apple Inc's senior unsecured notes
* Apple Inc's senior unsecured notes assigned 'AA+' rating
Source text (http://bit.ly/2acv4Yk)
Further company coverage:
Read more
Source text (http://bit.ly/2acv4Yk)
Further company coverage:
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TREASURIES-U.S. bond prices fall before 7-year note sale
* Longer-dated yields bounce from 1-1/2 week lows
* U.S. 7-year supply seen sold at lowest yield in over 3
years
NEW YORK, July 28 (Reuters) - U.S. Treasury prices fell on
Thursday, with...
Read more
* U.S. 7-year supply seen sold at lowest yield in over 3
years
NEW YORK, July 28 (Reuters) - U.S. Treasury prices fell on
Thursday, with...
Read more
GLOBAL MARKETS-Fed caution hits dollar as Japan anticipation builds
LONDON, July 28 (Reuters) - The dollar took its biggest
tumble in almost two months on Thursday and stocks fell from
nine-month highs as cautious sounds from the Fed left focus
firmly on Japan's next...
Read more
tumble in almost two months on Thursday and stocks fell from
nine-month highs as cautious sounds from the Fed left focus
firmly on Japan's next...
Read more
UPDATE 1-Egypt expects to get at least $2 bln within 2 months of agreeing IMF loan
CAIRO, July 28 (Reuters) - Egypt expects to receive at least
$2 billion within two months of agreeing a three-year $12
billion loan programme with the International Monetary Fund, a
senior finance...
Read more
$2 billion within two months of agreeing a three-year $12
billion loan programme with the International Monetary Fund, a
senior finance...
Read more
Telekom Austria exchangeable bond launched as free float deadline looms
VIENNA, July 28 (Reuters) - Citigroup said on Thursday
it was launching a bond of up to 400 million euros ($443.8
million) exchangeable into shares of Telekom Austria,
as a deadline approaches for...
Read more
it was launching a bond of up to 400 million euros ($443.8
million) exchangeable into shares of Telekom Austria,
as a deadline approaches for...
Read more
BRIEF-CIT Group Q2 earnings per share $0.07
* CIT reports second quarter 2016 net income of $14 million
($0.07 per diluted share); income from continuing operations of
$181 million ($0.90 per diluted share)
Read more
($0.07 per diluted share); income from continuing operations of
$181 million ($0.90 per diluted share)
Read more
Egypt has obligations worth $7 bln to $8 bln due in current fiscal year
CAIRO, July 28 (Reuters) - Egypt plans to repay between $7
billion and $8 billion in obligations due in the current fiscal
year that began this month, deputy finance minister for monetary
policy...
Read more
billion and $8 billion in obligations due in the current fiscal
year that began this month, deputy finance minister for monetary
policy...
Read more
BRIEF-Citigroup launches bonds exchangeable for Telekom Austria shares
* Citigroup says launching an offering of exchangeable bonds
due 2023, exchangeable for ordinary shares of Telekom Austria in
an aggregate principal amount of up to approximately eur...
Read more
due 2023, exchangeable for ordinary shares of Telekom Austria in
an aggregate principal amount of up to approximately eur...
Read more
Spanish parties, King make fourth bid to end political stalemate
MADRID, July 28 (Reuters) - Spain's King Felipe and leaders
of the four main parties will make a fourth attempt on Thursday
to end seven months of political stalemate, with pressure for a
deal...
Read more
of the four main parties will make a fourth attempt on Thursday
to end seven months of political stalemate, with pressure for a
deal...
Read more
Italy yields edge up before sale of new 10-year bond
LONDON, July 28 (Reuters) - Italian government bond yields
edged up on Thursday as investors prepared for an auction of a
new 10-year bond a day before European Union stress tests that
are expected...
Read more
edged up on Thursday as investors prepared for an auction of a
new 10-year bond a day before European Union stress tests that
are expected...
Read more
Avnet offers to buy UK's Premier Farnell for $911 mln
July 28 (Reuters) - U.S. electric component distributor
Avnet Inc agreed to buy Britain's Premier Farnell Plc
for 691 million pounds ($910.7 million) in cash,
becoming the second suitor for the...
Read more
Avnet Inc agreed to buy Britain's Premier Farnell Plc
for 691 million pounds ($910.7 million) in cash,
becoming the second suitor for the...
Read more
RPT-Sudden rush to emerging debt funds highlights scarcity of bonds
LONDON, July 27 (Reuters) - Emerging market debt funds are
enjoying a bumper inflow for the first time in three years, but
portfolio managers are struggling to invest the bonanza as new
bond sales...
Read more
enjoying a bumper inflow for the first time in three years, but
portfolio managers are struggling to invest the bonanza as new
bond sales...
Read more
Wednesday, July 27, 2016
Short-term JGB yields rise as weak auction rattles nerves ahead of BOJ decision
TOKYO, July 28 (Reuters) - Short-term Japanese government
bond yields rose on Thursday after results of a two-year note
auction were surprisingly weak, making investors even more
nervous ahead of a...
Read more
bond yields rose on Thursday after results of a two-year note
auction were surprisingly weak, making investors even more
nervous ahead of a...
Read more
Oil producer Halcon Resources files for bankruptcy protection
July 27 (Reuters) - Halcon Resources Corp, which
produces oil in Texas and North Dakota, filed for Chapter 11
bankruptcy protection on Wednesday.
Read more
produces oil in Texas and North Dakota, filed for Chapter 11
bankruptcy protection on Wednesday.
Read more
U.S. consumer agency seeks to overhaul debt collection industry
WASHINGTON, July 28 (Reuters) - The U.S. watchdog for
consumer finances unveiled on Thursday a major proposal to
toughen regulation of the multibillion-dollar debt collection
industry, with a focus...
Read more
consumer finances unveiled on Thursday a major proposal to
toughen regulation of the multibillion-dollar debt collection
industry, with a focus...
Read more
AllianceBernstein says will not proceed with Visium deal
July 27 (Reuters) - Asset manager AllianceBernstein Holding
LP said on Wednesday it will not proceed with a deal to
buy a fund from hedge fund Visium Asset Management LP.
Read more
LP said on Wednesday it will not proceed with a deal to
buy a fund from hedge fund Visium Asset Management LP.
Read more
BRIEF-Brookdale Senior Living Inc enters into agreement to sell 44 communities
* Expect to use proceeds of transaction to primarily repay
debt in another step towards deleveraging balance sheet
Read more
debt in another step towards deleveraging balance sheet
Read more
BRIEF-Brazil's Vale says to provision of 3.7 bln reais for Samarco - filing
July 27 (Reuters) - Brazilian iron ore miner Vale SA
says on Wednesday it will make a 3.7 bln real
provision in the second quarter for the Samarco tailings dam
burst agreement
Read more
says on Wednesday it will make a 3.7 bln real
provision in the second quarter for the Samarco tailings dam
burst agreement
Read more
BRIEF-OMAM Raises $400 Million in Note Offerings
* Institutional notes will bear interest at a fixed rate of
4.800% per year, payable on a semi-annual basis
Read more
4.800% per year, payable on a semi-annual basis
Read more
BRIEF-Barrick Gold Q2 adj EPS $0.14
* Reduced total debt by $968 million year-to-date, and
remain on track to achieve $2 billion debt reduction target for
year
Read more
remain on track to achieve $2 billion debt reduction target for
year
Read more
BRIEF-Brooks Automation Inc files for potential mixed shelf size
* Brooks Automation Inc files for potential mixed shelf;
size not disclosed - SEC filing
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
size not disclosed - SEC filing
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
UPDATE 1-Barrick Gold profit lifts, plans Australian mine sale
TORONTO, July 27 (Reuters) - Barrick Gold Corp, the
world's largest gold producer, reported a rise in second-quarter
profit on Wednesday and said it plans to sell its 50 percent
stake in a western...
Read more
world's largest gold producer, reported a rise in second-quarter
profit on Wednesday and said it plans to sell its 50 percent
stake in a western...
Read more
BRIEF-Student Transportation announces C$85 mln bought deal offering
* Student Transportation Inc announces c$85 million bought
deal offering of convertible unsecured subordinated debentures
Read more
deal offering of convertible unsecured subordinated debentures
Read more
EMERGING MARKETS-Brazilian stocks and currency stable after Fed decision
(Recasts with afternoon prices)
SAO PAULO, July 27 (Reuters) - The Brazilian real and
Bovespa stock index were stable on Wednesday, after a
session in which traders were attentive to a meeting of...
Read more
SAO PAULO, July 27 (Reuters) - The Brazilian real and
Bovespa stock index were stable on Wednesday, after a
session in which traders were attentive to a meeting of...
Read more
TREASURIES-U.S. bond market rallies as Fed holds rates steady
* Fed sees less risks for U.S. economy, keeps rates
unchanged
* Longer-dated yields fall to 1-1/2 week lows
* Soft durable goods data supports view of Fed on hold
* Abe's stimulus plan...
Read more
unchanged
* Longer-dated yields fall to 1-1/2 week lows
* Soft durable goods data supports view of Fed on hold
* Abe's stimulus plan...
Read more
GLOBAL MARKETS-Central bank views lift stocks worldwide, yen slips
NEW YORK, July 27 (Reuters) - The yen eased against the
dollar on Wednesday after Japan unveiled a surprisingly large
$265 billion stimulus package, while U.S. equity markets
rebounded following the...
Read more
dollar on Wednesday after Japan unveiled a surprisingly large
$265 billion stimulus package, while U.S. equity markets
rebounded following the...
Read more
RPT-U.S. election risks could push Fed rate hikes further out
NEW YORK, July 27 (Reuters) - The Federal Reserve has bowed
to political risks once already this year, deferring a possible
interest rate hike in part due to Britain's European Union vote,
and it may...
Read more
to political risks once already this year, deferring a possible
interest rate hike in part due to Britain's European Union vote,
and it may...
Read more
Canada housing agency sees overvaluation signs in hot markets
OTTAWA, July 27 (Reuters) - Canada's housing market is
showing strong signs of overvaluation as prices have surged, the
federal housing agency said on Wednesday, as it raised its
assessment of...
Read more
showing strong signs of overvaluation as prices have surged, the
federal housing agency said on Wednesday, as it raised its
assessment of...
Read more
Algeria to implement 'new growth model' to cope with oil price drop
ALGIERS, July 27 (Reuters) - OPEC member Algeria says it
will launch a new "economic growth model" for the next four
years focussed on reforming the tax system to bring in more
revenue and reduce...
Read more
will launch a new "economic growth model" for the next four
years focussed on reforming the tax system to bring in more
revenue and reduce...
Read more
After a pause, U.S. fund investors resume rotation from stocks to bonds
By Trevor Hunnicutt
NEW YORK, July 27 (Reuters) - Investors' zest for
stock-buying ebbed in the latest week, data from the Investment
Company Institute showed on Wednesday, one week after...
Read more
NEW YORK, July 27 (Reuters) - Investors' zest for
stock-buying ebbed in the latest week, data from the Investment
Company Institute showed on Wednesday, one week after...
Read more
U.S. judge revives intentional fraud claim in Lyondell bankruptcy
NEW YORK, July 27 (Reuters) - A federal judge on Wednesday
revived a $6.3 billion claim alleging that Lyondell Chemical Co
engaged in an intentional fraudulent transfer in connection with
its 2007...
Read more
revived a $6.3 billion claim alleging that Lyondell Chemical Co
engaged in an intentional fraudulent transfer in connection with
its 2007...
Read more
EMERGING MARKETS-Latam currencies weaken ahead of Fed policy decision
SAO PAULO, July 27 (Reuters) - Latin American currencies
weakened on Wednesday as traders adopted a cautious stance ahead
of a U.S. Federal Reserve policy decision later in the day.
Investors...
Read more
weakened on Wednesday as traders adopted a cautious stance ahead
of a U.S. Federal Reserve policy decision later in the day.
Investors...
Read more
TREASURIES-U.S. bond prices rise on weak data before FOMC
* Soft durable goods data supports view of Fed on hold
* Abe's stimulus plan for Japan raises bets on BOJ action
* U.S. to sell $15 bln in 2-year floating-rate notes
By Richard Leong
...
Read more
* Abe's stimulus plan for Japan raises bets on BOJ action
* U.S. to sell $15 bln in 2-year floating-rate notes
By Richard Leong
...
Read more
BRIEF-Om Asset Management files for potential notes offering size not disclosed
* Om Asset Management Plc files for potential notes offering
size not disclosed - Sec filing
Source text : http://bit.ly/2avtnJw
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
size not disclosed - Sec filing
Source text : http://bit.ly/2avtnJw
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
BRIEF-Fiat Chrysler CEO sees NAFTA margins close to rivals' once revamps U.S. plants
July 27 (Reuters) - Fiat Chrysler CEO Sergio Marchionne
tells analysts in a post-results conference call:
Read more
tells analysts in a post-results conference call:
Read more
CANADA FX DEBT-C$ stabilizes while investors await Fed decision
* Canadian dollar at C$1.3175 or 75.90 U.S. cents
* Bond prices higher across the maturity curve
OTTAWA, July 27 (Reuters) - The Canadian dollar strengthened
modestly against the greenback...
Read more
* Bond prices higher across the maturity curve
OTTAWA, July 27 (Reuters) - The Canadian dollar strengthened
modestly against the greenback...
Read more
Santander Brasil sees ease in some defaults as economy stabilizes
SAO PAULO, July 27 (Reuters) - Early signs are emerging that
loan delinquencies, especially for some type of individual
borrowers, are peaking, executives at Banco Santander Brasil SA
said on Tuesday.
Read more
loan delinquencies, especially for some type of individual
borrowers, are peaking, executives at Banco Santander Brasil SA
said on Tuesday.
Read more
UPDATE 1-Fiat Chrysler raises 2016 forecast despite recall profit hit
MILAN/DETROIT, July 27 (Reuters) - Fiat Chrysler
Automobiles' (FCA) second-quarter operating profit
fell 14 percent after charges related to recall costs and
capacity shifts in North America, but the...
Read more
Automobiles' (FCA) second-quarter operating profit
fell 14 percent after charges related to recall costs and
capacity shifts in North America, but the...
Read more
Fiat Chrysler Q2 operating profit hit by recall costs
MILAN, July 27 (Reuters) - Fiat Chrysler Automobiles (FCA)
on Wednesday reported a 14 percent drop in
second-quarter operating profit after charges related to recall
costs and capacity shifts in...
Read more
on Wednesday reported a 14 percent drop in
second-quarter operating profit after charges related to recall
costs and capacity shifts in...
Read more
EU executive proposes to cancel excessive deficit fines for Spain, Portugal
BRUSSELS, July 27 (Reuters) - The European Commission
proposed on Wednesday to cancel fines for Spain and Portugal
over their failure to cut their deficits to within EU limits and
gave Madrid two...
Read more
proposed on Wednesday to cancel fines for Spain and Portugal
over their failure to cut their deficits to within EU limits and
gave Madrid two...
Read more
UPDATE 1-Georgia's central bank cuts refinancing rate to 6.75 percent
TBILISI, July 27 (Reuters) - Georgia's central bank cut its
key refinancing rate to 6.75 percent from 7 percent on
Wednesday, a move intended to preserve financial stability.
Read more
key refinancing rate to 6.75 percent from 7 percent on
Wednesday, a move intended to preserve financial stability.
Read more
PRESS DIGEST- Canada - July 27
July 27 (Reuters) - The following are the top stories from
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
WRAPUP 3-Abe's plan for $265 bln in stimulus puts pressure on BOJ to ease
TOKYO, July 27 (Reuters) - Japan's prime minister unveiled a
surprisingly large $265 billion stimulus package on Wednesday to
reflate the world's third-largest economy, adding pressure on
the central...
Read more
surprisingly large $265 billion stimulus package on Wednesday to
reflate the world's third-largest economy, adding pressure on
the central...
Read more
UAE's property loans improving despite price slide -IMF
DUBAI, July 27 (Reuters) - The quality of real estate loans
in the United Arab Emirates has continued to improve despite
sliding home prices, the International Monetary Fund said, in a
sign that the...
Read more
in the United Arab Emirates has continued to improve despite
sliding home prices, the International Monetary Fund said, in a
sign that the...
Read more
FOREX-Yen hit by scale of reported fiscal plan, new bond talk
* Dollar inches higher before Fed meeting
(Adds Jiji report on stimulus, adds analyst comment)
Read more
(Adds Jiji report on stimulus, adds analyst comment)
Read more
EMERGING MARKETS-Emerging stocks at 11-mth high, shrug off China jitters
LONDON, July 27 (Reuters) - Emerging stocks touched 11-month
highs on Wednesday, boosted by news of additional Japanese
stimulus and shrugging off a sharp drop in mainland shares in
China, where...
Read more
highs on Wednesday, boosted by news of additional Japanese
stimulus and shrugging off a sharp drop in mainland shares in
China, where...
Read more
UK government approves expansion to London City airport
LONDON, July 27 (Reuters) - Britain's government has
approved a 344 million pounds ($451 million) expansion to London
City Airport, finance minister Philip Hammond said on Wednesday.
Read more
approved a 344 million pounds ($451 million) expansion to London
City Airport, finance minister Philip Hammond said on Wednesday.
Read more
Germany set to auction in-demand 30-year bonds at record low yield
LONDON, July 27 (Reuters) - Germany looked set to sell
30-year debt at a record low yield on Wednesday as investors
seek out bonds which are expected to be the prime target of
central bank purchases...
Read more
30-year debt at a record low yield on Wednesday as investors
seek out bonds which are expected to be the prime target of
central bank purchases...
Read more
Tuesday, July 26, 2016
China shadow banking assets grew 30 percent in 2015: Moody's
HONG KONG, July 27 (Reuters) - Shadow banking activity in
China has expanded further and now accounts for nearly a third
of the total banking sector assets, raising financial risks in
the world's...
Read more
China has expanded further and now accounts for nearly a third
of the total banking sector assets, raising financial risks in
the world's...
Read more
FOREX-Yen retreats on BOJ expectations after big gains
TOKYO, July 27 (Reuters) - The yen fell in early Asian trade
on Wednesday on expectations of significant monetary stimulus by
the Bank of Japan later in the week, a day after it had posted
its...
Read more
on Wednesday on expectations of significant monetary stimulus by
the Bank of Japan later in the week, a day after it had posted
its...
Read more
UPDATE 2-Energisa prices Brazil stock offering near ceiling amid heavy demand
SAO PAULO, July 26 (Reuters) - Energisa SA priced an
offering of new stock near the upper end of a suggested range on
Tuesday, signaling an upbeat industry outlook and strong
investor demand...
Read more
offering of new stock near the upper end of a suggested range on
Tuesday, signaling an upbeat industry outlook and strong
investor demand...
Read more
Coal miner Alpha emerges from bankruptcy amid doubts on outlook
WILMINGTON, Del., July 26 (Reuters) - Coal producer Alpha
Natural Resources Inc emerged from Chapter 11 bankruptcy on
Tuesday with doubts about its long-term prospects and ability to
carry out a...
Read more
Natural Resources Inc emerged from Chapter 11 bankruptcy on
Tuesday with doubts about its long-term prospects and ability to
carry out a...
Read more
UPDATE 1-Third Point's 1st-half returns boosted by energy credit investments
NEW YORK, July 26 (Reuters) - Dan Loeb's Third Point LLC
said on Tuesday that the firm's investments in energy credits
drove positive returns during the first half of the year and is
devoting over $1...
Read more
said on Tuesday that the firm's investments in energy credits
drove positive returns during the first half of the year and is
devoting over $1...
Read more
Venezuela sees opportunity to tap international debt markets
CARACAS, July 26 (Reuters) - Declining risk premiums on
Venezuelan debt have opened the door for the South American
nation to borrow on international capital markets, economy Vice
President Miguel...
Read more
Venezuelan debt have opened the door for the South American
nation to borrow on international capital markets, economy Vice
President Miguel...
Read more
BRIEF-S&P lowers Analog Devices rating to 'BBB' from 'A-' on acquisition plan
* Analog Devices Inc rating is lowered to 'BBB' from 'A-' on
acquisition plan; outlook negative
Read more
acquisition plan; outlook negative
Read more
TREASURIES-Shorter-dated U.S. yields firm as Fed meets
* U.S. 2-year yield hit post-Brexit peak on jitters about
Fed
* Citi economic surprise index rises to highest in 21 months
* Bidding at latest 5-year note sale weakest in 7 years
* Weaker...
Read more
Fed
* Citi economic surprise index rises to highest in 21 months
* Bidding at latest 5-year note sale weakest in 7 years
* Weaker...
Read more
LATAM CLOSE-No deals price in LatAm primary market
* Oi seeks large debt cut from creditors: report
* BTG Pactual taps former minister to head compliance
* Chile's Minera Escondida markets US$1bn loan
* Brazil's Energisa poised to sell...
Read more
* BTG Pactual taps former minister to head compliance
* Chile's Minera Escondida markets US$1bn loan
* Brazil's Energisa poised to sell...
Read more
Islamic militant threat to Europe never been so severe -France's Hollande
PARIS, July 26 (Reuters) - French President Francois
Hollande said on Tuesday the Islamist militant threat to France
and Europe has never been so severe as now, after two assailants
loyal to Islamic...
Read more
Hollande said on Tuesday the Islamist militant threat to France
and Europe has never been so severe as now, after two assailants
loyal to Islamic...
Read more
GLOBAL MARKETS-Yen jumps before Bank of Japan meeting, oil mixed
NEW YORK, July 26 (Reuters) - A buoyant yen and U.S. oil
prices at three-month lows kept stock markets on the defensive
on Tuesday as investors awaited central bank meetings this week
that will...
Read more
prices at three-month lows kept stock markets on the defensive
on Tuesday as investors awaited central bank meetings this week
that will...
Read more
Goldman Sachs abused trust in dealings with Libyan LIA, fund's lawyer tells trial
LONDON, July 26 (Reuters) - Goldman Sachs abused its
position as a trusted adviser to Libya's sovereign wealth fund,
a lawyer for the fund argued on Tuesday, in a case that has
subjected the bank's...
Read more
position as a trusted adviser to Libya's sovereign wealth fund,
a lawyer for the fund argued on Tuesday, in a case that has
subjected the bank's...
Read more
UPDATE 1-Egypt says close to securing 3-year IMF loan programme
CAIRO, July 26 (Reuters) - Egypt said on Tuesday it was
close to agreeing a lending programme with the International
Monetary Fund (IMF) to ease its funding gap and was seeking to
secure $7 billion...
Read more
close to agreeing a lending programme with the International
Monetary Fund (IMF) to ease its funding gap and was seeking to
secure $7 billion...
Read more
Brazil open to measures to meet fiscal goal -minister
BRASILIA, July 26 (Reuters) - The Brazilian government would
take additional measures if needed to meet its key fiscal target
this year, acting Planning Minister Dyogo de Oliveira said on
Tuesday.
Read more
take additional measures if needed to meet its key fiscal target
this year, acting Planning Minister Dyogo de Oliveira said on
Tuesday.
Read more
BRIEF-S&P affirms Export-Import Bank of India's 'BBB-/A-3' ratings
* Export-Import Bank of India 'BBB-/A-3' ratings affirmed;
stand-alone credit profile revised to 'BB'; outlook stable
Read more
stand-alone credit profile revised to 'BB'; outlook stable
Read more
GLOBAL MARKETS-Yen jumps before Bank of Japan meeting, oil slides
LONDON, July 26 (Reuters) - A buoyant yen and oil prices at
their lowest in three months kept stock markets on the defensive
on Tuesday as investors awaited central bank meetings this week
that will...
Read more
their lowest in three months kept stock markets on the defensive
on Tuesday as investors awaited central bank meetings this week
that will...
Read more
RPT-UPDATE 2-ECB bond-buying dwarfs euro zone sales, pins yields near lows
LONDON, July 26 (Reuters) - European Central Bank purchases
of government bonds are set to significantly outstrip new debt
sales until the end of the year, helping pin yields near record
lows in a...
Read more
of government bonds are set to significantly outstrip new debt
sales until the end of the year, helping pin yields near record
lows in a...
Read more
GRAPHIC-Global QE now a record $180 bln a month thanks to ECB, BOJ
LONDON, July 26 (Reuters) - Eight years after the global
financial crisis and years after the U.S. and UK central banks
stopped their "quantitative easing" bond-buying programmes, the
amount of QE...
Read more
financial crisis and years after the U.S. and UK central banks
stopped their "quantitative easing" bond-buying programmes, the
amount of QE...
Read more
EU may fine Spain, Portugal for deficits, give more time to cut them
BRUSSELS, July 26 (Reuters) - The European Commission is
likely to propose on Wednesday to fine Spain and Portugal for
not effectively cutting their budget deficits and to give them
new, longer...
Read more
likely to propose on Wednesday to fine Spain and Portugal for
not effectively cutting their budget deficits and to give them
new, longer...
Read more
BRIEF-Sensata Technologies files for stock shelf
* Says files for stock shelf; size undisclosed - sec filing
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom +1-646-223-8780)
Read more
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom +1-646-223-8780)
Read more
Brazil's external deficit widens, FDI below forecast in June
BRASILIA, July 26 (Reuters) - Brazil's current account
deficit widened in June to $2.479 billion, central bank data
showed on Tuesday, a bigger shortfall than expected by
economists in a Reuters poll.
Read more
deficit widened in June to $2.479 billion, central bank data
showed on Tuesday, a bigger shortfall than expected by
economists in a Reuters poll.
Read more
TREASURIES-U.S. 2-year yield near post-Brexit peak before FOMC
NEW YORK, July 26 (Reuters) - U.S. two-year Treasury yield
edged up on Tuesday near its highest levels since Britain voted
to leave the European Union last month as traders await for the
start of a...
Read more
edged up on Tuesday near its highest levels since Britain voted
to leave the European Union last month as traders await for the
start of a...
Read more
CANADA FX DEBT-C$ touches lowest in nearly 4 months as oil falls
* Canadian dollar at C$1.3237 or 75.55 U.S. cents
* Bond prices higher across the maturity curve
OTTAWA, July 26 (Reuters) - The Canadian dollar weakened
against the greenback on Tuesday for...
Read more
* Bond prices higher across the maturity curve
OTTAWA, July 26 (Reuters) - The Canadian dollar weakened
against the greenback on Tuesday for...
Read more
RPT-COLUMN-Trump, the risk even central banks can't backstop: James Saft
July 26 (Reuters) - If Brexit didn't scare financial markets
confident in the support of central banks, maybe the prospect of
President Donald Trump will.
Read more
confident in the support of central banks, maybe the prospect of
President Donald Trump will.
Read more
Record bankruptcies pressure Brazil banks as recession bites
By Guillermo Parra-Bernal
SAO PAULO, July 26 (Reuters) - Brazil's harshest recession
in eight decades is prompting some of the nation's top banks to
reclassify some 90 billion reais ($27 billion)...
Read more
SAO PAULO, July 26 (Reuters) - Brazil's harshest recession
in eight decades is prompting some of the nation's top banks to
reclassify some 90 billion reais ($27 billion)...
Read more
UPDATE 1-ECB buying dwarfs euro zone bond sales, pins yields near lows
* Rabobank expects 10-year German yields at -0.30 pct
(Updates with Italian auction result)
Read more
(Updates with Italian auction result)
Read more
Monday, July 25, 2016
JGBs gain on weaker Tokyo stocks, firm 40-year auction
TOKYO, July 26 (Reuters) - Japanese government bond prices
rose on Tuesday, lifted by weaker Tokyo stocks and a firm
40-year debt auction.
Read more
rose on Tuesday, lifted by weaker Tokyo stocks and a firm
40-year debt auction.
Read more
BRIEF-SFX Entertainment plans to tap Randy Phillips as CEO-WSJ, citng sources
* SFX Entertainment Inc plans to tap live-entertainment executive Randy Phillips as its CEO-
WSJ, citng sources
Read more
WSJ, citng sources
Read more
COLUMN-Trump, the risk even central banks can't backstop: James Saft
July 26 (Reuters) - If Brexit didn't scare financial markets
confident in the support of central banks, maybe the prospect of
President Donald Trump will.
Read more
confident in the support of central banks, maybe the prospect of
President Donald Trump will.
Read more
Dollar falls more than 1 percent on the day against yen
TOKYO, July 26 (Reuters) - The dollar fell more than 1
percent against the yen on Tuesday, on investors' growing
expectations that the Japanese government's stimulus steps will
fall short of initial...
Read more
percent against the yen on Tuesday, on investors' growing
expectations that the Japanese government's stimulus steps will
fall short of initial...
Read more
Moody's downgrades Alaska amid stalemate over budget
July 25 (Reuters) - Moody's Investor Service on Monday
downgraded Alaska's credit rating due to the state's inability
to reach consensus on how to close its structural imbalance and
$3 billion a year...
Read more
downgraded Alaska's credit rating due to the state's inability
to reach consensus on how to close its structural imbalance and
$3 billion a year...
Read more
BRIEF-Moody's assigns Aa1 to $787.9M Minnesota go bonds
* Rating reflects state's strong financial management that
has resulted in replenishment of budget reserves, structurally
balanced budget
Read more
has resulted in replenishment of budget reserves, structurally
balanced budget
Read more
GLOBAL MARKETS-Asia shares slip, yen gains as uncertainty grips
SYDNEY, July 26 (Reuters) - Caution gripped Asian markets on
Tuesday, sending the safe-haven yen higher ahead of central bank
meetings in the United States and Japan, while a fresh skid in
oil...
Read more
Tuesday, sending the safe-haven yen higher ahead of central bank
meetings in the United States and Japan, while a fresh skid in
oil...
Read more
BRIEF-First Republic announces pricing of $400 mln notes offering
* Says pricing of $400 million in aggregate principal amount
of its subordinated notes due 2046
Read more
of its subordinated notes due 2046
Read more
EMERGING MARKETS-Latam stocks, currencies fall ahead of Fed, BOJ meetings
(Adds closing stock indexes, details)
By Bruno Federowski
SAO PAULO, July 25 (Reuters) - Latin American currencies and
stocks ended mostly lower on Monday as traders avoided risky
bets ahead...
Read more
By Bruno Federowski
SAO PAULO, July 25 (Reuters) - Latin American currencies and
stocks ended mostly lower on Monday as traders avoided risky
bets ahead...
Read more
BRIEF-Tesla Exploration consented to early enforcement of all amounts under credit facility
* Consented to early enforcement by lender of its security
for all amounts owing under credit facility
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
for all amounts owing under credit facility
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
UPDATE 2-Ecuador seizes moment to print US$1bn bond
NEW YORK, July 25 (IFR) - Ecuador launched a US$1bn
five-year bond on Monday, taking advantage of a strong backdrop
for LatAm credits to garner much-needed funding for the year.
Read more
five-year bond on Monday, taking advantage of a strong backdrop
for LatAm credits to garner much-needed funding for the year.
Read more
UPDATE 1-Pimco reducing junk bonds, other corporate debt -Ivascyn says
NEW YORK, July 25 (Reuters) - Pimco has been reducing its
exposure to junk bonds and investment-grade corporate debt
following the latest credit rally, the firm's group chief
investment officer, Dan...
Read more
exposure to junk bonds and investment-grade corporate debt
following the latest credit rally, the firm's group chief
investment officer, Dan...
Read more
Pimco's Ivascyn says firm has been reducing junk bonds, other corporate debt
NEW YORK, July 25 (Reuters) - Pimco's group chief investment
officer, Dan Ivascyn, said on Monday that the firm has been
reducing its exposure to junk bonds and investment-grade
corporate debt...
Read more
officer, Dan Ivascyn, said on Monday that the firm has been
reducing its exposure to junk bonds and investment-grade
corporate debt...
Read more
UPDATE 1-Aurelius rallies Oi bondholders as bankruptcy battle looms
SAO PAULO, July 25 (Reuters) - Aurelius Capital Management
LP has contacted bondholders in Oi SA's
Netherlands-based units to challenge the basis of a prior
restructuring accord that substantially...
Read more
LP has contacted bondholders in Oi SA's
Netherlands-based units to challenge the basis of a prior
restructuring accord that substantially...
Read more
U.S. financial stability faces threat from Brexit - U.S. monitor
WASHINGTON, July 25 (Reuters) - The U.S. financial system
faces greater potential instability due to Britain's decision to
leave the European Union while low and negative interest rates
also raise...
Read more
faces greater potential instability due to Britain's decision to
leave the European Union while low and negative interest rates
also raise...
Read more
BRIEF-Wells Fargo issued $600 million floating rate notes and $3 billion 2.10% notes
* Says issued $600 million floating rate notes due July 26,
2016 and $3 billion 2.10% notes due July 26, 2016 - SEC Filing
Source - http://bit.ly/29VkDv1
Further company coverage:
(Bengaluru...
Read more
2016 and $3 billion 2.10% notes due July 26, 2016 - SEC Filing
Source - http://bit.ly/29VkDv1
Further company coverage:
(Bengaluru...
Read more
GLOBAL MARKETS-Stocks edge lower as investors await Fed meeting
NEW YORK, July 25 (Reuters) - Global equity markets edged
lower on Monday as a 2 percent drop in crude prices weighed on
investor sentiment and traders awaited signals of a potential
interest rate...
Read more
lower on Monday as a 2 percent drop in crude prices weighed on
investor sentiment and traders awaited signals of a potential
interest rate...
Read more
MONEY MARKETS-Banks' dollar funding costs rise further
* Futures imply traders raise bets on U.S. rate hike by
year-end
(Recast first paragraph, adds Libor/OIS move)
Read more
year-end
(Recast first paragraph, adds Libor/OIS move)
Read more
Bids at U.S. 6-month T-bill sale highest in 6 weeks
NEW YORK, July 25 (Reuters) - Demand at the latest auction
of U.S. six-month Treasury bills on Monday rose for a second
consecutive week, resulting in a modest drop in the interest
rate paid to...
Read more
of U.S. six-month Treasury bills on Monday rose for a second
consecutive week, resulting in a modest drop in the interest
rate paid to...
Read more
BRIEF-Capital One files for potential subordinated notes
* Capital One Financial Corp files for potential
subordinated notes for undisclosed sum - SEC filing
Source: (http://bit.ly/2aFx3Eo)
Further company coverage:
Read more
subordinated notes for undisclosed sum - SEC filing
Source: (http://bit.ly/2aFx3Eo)
Further company coverage:
Read more
U.S. to sell $45 billion in 4-week bills this week
WASHINGTON, July 25 (Reuters) - For details of the U.S.
Treasury's auction of 4-week bills this week, see:
Read more
Treasury's auction of 4-week bills this week, see:
Read more
CANADA FX DEBT-C$ at weakest since March as oil weighs
* Canadian dollar at C$1.3208, or 75.71 U.S. cents
* Bond prices mixed across the maturity curve
TORONTO, July 25 (Reuters) - The commodity-linked Canadian
dollar on Monday hit its weakest...
Read more
* Bond prices mixed across the maturity curve
TORONTO, July 25 (Reuters) - The commodity-linked Canadian
dollar on Monday hit its weakest...
Read more
BRIEF-Rex Energy to exchange debt for common shares
* Rex Energy Corp says with the transaction, total interest
expense savings from exchange will be approximately $11.1
million
Read more
expense savings from exchange will be approximately $11.1
million
Read more
BRIEF-Engility Holdings sees Q2 revenue $535 mln
* Engility announces plan to refinance existing debt and
releases select preliminary financial results for the second
quarter of 2016
Read more
releases select preliminary financial results for the second
quarter of 2016
Read more
UPDATE 1-Verizon to buy Yahoo's core business for $4.83 billion
July 25 (Reuters) - Verizon Communications Inc said
Monday it would buy Yahoo Inc's core internet
properties for $4.83 billion in cash to expand its digital
advertising and media business, in a deal...
Read more
Monday it would buy Yahoo Inc's core internet
properties for $4.83 billion in cash to expand its digital
advertising and media business, in a deal...
Read more
BRIEF-Tamarack Valley Energy sees 2016 capital expenditure budget of $45-$53 mln
* Announces closing of strategic acquisitions, new credit
facility and second quarter production
Read more
facility and second quarter production
Read more
FEATURE-Bankrupt coal giant turns to grass in Wyoming to cut liabilities
GILLETTE, Wyo., July 25 (Reuters) - A squad of about ten
Peabody Energy Corp. miners clad in steel-toed boots
and hard hats climbed into massive bulldozers on a recent
morning, ready to create...
Read more
Peabody Energy Corp. miners clad in steel-toed boots
and hard hats climbed into massive bulldozers on a recent
morning, ready to create...
Read more
OFFICIAL CORRECTION-Russian FinMin may resume forex sales in Aug -Ifax cites official
MOSCOW, July 25 (Reuters) - Russian Finance Ministry may
resume sales of foreign exchange from the country's Reserve Fund
in August to help bridge the fiscal gap, Interfax news agency
quoted Russian...
Read more
resume sales of foreign exchange from the country's Reserve Fund
in August to help bridge the fiscal gap, Interfax news agency
quoted Russian...
Read more
UPDATE 2-LVMH sells loss-making Donna Karan to G-III in $650 million deal
PARIS, July 25 (Reuters) - French luxury group LVMH
is selling Donna Karan International, the parent of
New York label DKNY, to U.S. clothing firm G-III Apparel Group
in a deal valuing the...
Read more
is selling Donna Karan International, the parent of
New York label DKNY, to U.S. clothing firm G-III Apparel Group
in a deal valuing the...
Read more
UPDATE 1-LVMH sells Donna Karan to G-III in $650 million deal
PARIS, July 25 (Reuters) - French luxury group LVMH
has agreed to sell Donna Karan International to
American manufacturing and licensing company G-III Apparel Group
in a deal valuing the fashion...
Read more
has agreed to sell Donna Karan International to
American manufacturing and licensing company G-III Apparel Group
in a deal valuing the fashion...
Read more
Yields pinned near post-Brexit lows as G20 pledges policy supports
LONDON, July 25 (Reuters) - Euro zone bond yields mostly
held near post-Brexit lows on Monday after the world's biggest
economies reiterated their commitment to using all policy tools
to lift growth.
Read more
held near post-Brexit lows on Monday after the world's biggest
economies reiterated their commitment to using all policy tools
to lift growth.
Read more
Sunday, July 24, 2016
JGBs edge up on BOJ's buying operation, 40-year sale awaited
TOKYO, July 25 (Reuters) - Japanese government bond prices
edged up on Monday as a regular debt-purchasing operation by the
Bank of Japan emboldened buyers, although caution ahead of an
upcoming...
Read more
edged up on Monday as a regular debt-purchasing operation by the
Bank of Japan emboldened buyers, although caution ahead of an
upcoming...
Read more
UPDATE 1-Borrowing costs for Chinese firms is key obstacle to private investment-NDRC
BEIJING, July 25 (Reuters) - Borrowing costs and access to
funding are the key obstacles to private investment in China, a
senior official at the top economic planning agency said on
Monday, after...
Read more
funding are the key obstacles to private investment in China, a
senior official at the top economic planning agency said on
Monday, after...
Read more
China should increase government investment - state planner official
BEIJING, July 25 (Reuters) - China should increase
government investment, the deputy chair of the state planner
said on Monday.
Read more
government investment, the deputy chair of the state planner
said on Monday.
Read more
New Allianz asset management chief wants closer ties with Pimco: FT
July 24 (Reuters) - A new top executive at German insurer
Allianz wants to forge closer ties with its U.S. asset
management business, Pimco, according to the Financial Times.
Read more
Allianz wants to forge closer ties with its U.S. asset
management business, Pimco, according to the Financial Times.
Read more
G20 prepared for Brexit impact - China statement
CHENGDU, China, July 24 (Reuters) - Members of the Group of
20 (G20) major economies have prepared actively to cope with the
potential economic and financial impact of the Brexit decision
but hope...
Read more
20 (G20) major economies have prepared actively to cope with the
potential economic and financial impact of the Brexit decision
but hope...
Read more
HIGHLIGHTS-G20 finance leaders discuss global economy, Brexit
CHENGDU, China, July 24 (Reuters) - Finance leaders of the
Group of G20 economies gathered in the southwestern Chinese city
of Chengdu for a two-day meeting to discuss issues affecting the
global...
Read more
Group of G20 economies gathered in the southwestern Chinese city
of Chengdu for a two-day meeting to discuss issues affecting the
global...
Read more
Saturday, July 23, 2016
China's growth sucks in more debt bucks for less bang
BEIJING, July 24 (Reuters) - As China's economy notches up
another quarter of steady growth, the pace of credit creation
grows ever more frantic for every extra unit of production, as
inefficient...
Read more
another quarter of steady growth, the pace of credit creation
grows ever more frantic for every extra unit of production, as
inefficient...
Read more
Aeropostale accuses Sycamore Partners of 'loan to own' scheme
July 23 (Reuters) - Bankrupt U.S. teen retailer Aeropostale
filed a motion against its lender, private equity
firm Sycamore Partners, in bankruptcy court late on Friday,
accusing it of plotting a...
Read more
filed a motion against its lender, private equity
firm Sycamore Partners, in bankruptcy court late on Friday,
accusing it of plotting a...
Read more
RPT-China's growth sucks in more debt bucks for less bang
BEIJING, July 24 (Reuters) - As China's economy notches up
another quarter of steady growth, the pace of credit creation
grows ever more frantic for every extra unit of production, as
inefficient...
Read more
another quarter of steady growth, the pace of credit creation
grows ever more frantic for every extra unit of production, as
inefficient...
Read more
UPDATE 1-IMF grants two-year $3.5 billion credit line to Morocco
RABAT, July 23 (Reuters) - The International Monetary Fund
(IMF) has granted Morocco a two-year $3.5 billion credit line
for structural reforms to prompt more rapid and inclusive
economic growth,...
Read more
(IMF) has granted Morocco a two-year $3.5 billion credit line
for structural reforms to prompt more rapid and inclusive
economic growth,...
Read more
IMF agrees on two-year $3.5 billion credit line for Morocco
RABAT, July 23 (Reuters) - The International Monetary Fund
(IMF) has granted Morocco a $3.5 billion credit line for two
years to help it pursue structural reforms bringing more rapid
and inclusive...
Read more
(IMF) has granted Morocco a $3.5 billion credit line for two
years to help it pursue structural reforms bringing more rapid
and inclusive...
Read more
Canada seeks 'strong trade agreement' with UK - finance minister
TORONTO, July 23 (Reuters) - Canada seeks a "strong trade
agreement" with a Britain that has voted to leave the European
Union, the country's Finance Minister Bill Morneau said on
Saturday on the...
Read more
agreement" with a Britain that has voted to leave the European
Union, the country's Finance Minister Bill Morneau said on
Saturday on the...
Read more
Canada economy to rebound this year after energy slump: minister
TORONTO, July 23 (Reuters) - Canada's economy should rebound
"over the course of the year" from the impact of a wildfire in
its energy heartland, Finance Minister Bill Morneau said on
Saturday on the...
Read more
"over the course of the year" from the impact of a wildfire in
its energy heartland, Finance Minister Bill Morneau said on
Saturday on the...
Read more
UPDATE 1-Turkey keen for mention in G20 communique, but rejected
CHENGDU, China, July 23 (Reuters) - Turkey wanted the final
communique of the world's financial leaders meeting in China
this weekend to include an endorsement of the current government
after the...
Read more
communique of the world's financial leaders meeting in China
this weekend to include an endorsement of the current government
after the...
Read more
Turkey keen for mention in G20 communique, but rejected
CHENGDU, China, July 23 (Reuters) - Turkey wanted the final
communique of the world's financial leaders meeting in China
this weekend to include an endorsement of the current government
after the...
Read more
communique of the world's financial leaders meeting in China
this weekend to include an endorsement of the current government
after the...
Read more
Former Argentina leader slams corruption probes as political plot
EL CALAFATE, Argentina, July 23 (Reuters) - Facing
corruption probes that threaten to land her behind bars, former
Argentine President Cristina Fernandez described her growing
legal troubles as part...
Read more
corruption probes that threaten to land her behind bars, former
Argentine President Cristina Fernandez described her growing
legal troubles as part...
Read more
G7 wants to see Brexit talks start as soon possible - France
CHENGDU, China, July 23 (Reuters) - Top officials from the
Group of Seven rich economies want to see negotiations over
Britain's exit from the European Union start as soon as
possible, French finance...
Read more
Group of Seven rich economies want to see negotiations over
Britain's exit from the European Union start as soon as
possible, French finance...
Read more
Turkey's Erdogan signs first decree under state of emergency
ISTANBUL, July 23 (Reuters) - Turkish President Tayyip
Erdogan has ordered the closure of more than 1,000 private
schools and has extended the period in which suspects can be
detained without charge,...
Read more
Erdogan has ordered the closure of more than 1,000 private
schools and has extended the period in which suspects can be
detained without charge,...
Read more
Europe to tell G20 UK economy, banks are resilient despite Brexit
CHENGDU, China, July 23 (Reuters) - Britain's vote to leave
the European Union may dampen global growth, but European
fundamentals are strong and the British economy and banking
sector are resilient,...
Read more
the European Union may dampen global growth, but European
fundamentals are strong and the British economy and banking
sector are resilient,...
Read more
UK unprepared for Brexit, needs more time, but shouldn't be indefinite - Sapin
CHENGDU, China, July 23 (Reuters) - Britain was unprepared
for the outcome of the referendum to leave the European Union
and so should be given time to respond, but it should not take
too long...
Read more
for the outcome of the referendum to leave the European Union
and so should be given time to respond, but it should not take
too long...
Read more
U.S. Treasury's Lew says time to redouble efforts to boost growth
CHENGDU, China, July 23 (Reuters) - U.S. Treasury Secretary
Jack Lew said on Saturday it was important for G20 countries to
redouble efforts to boost shared growth using all policy tools,
including...
Read more
Jack Lew said on Saturday it was important for G20 countries to
redouble efforts to boost shared growth using all policy tools,
including...
Read more
Friday, July 22, 2016
Brazil court picks PricewaterhouseCoopers as Oi bankruptcy administrator
SAO PAULO, July 22 (Reuters) - A Brazilian judge overseeing
the bankruptcy protection process of phone carrier Oi SA
on Friday named auditing and advisory firm
PricewaterhouseCoopers as the...
Read more
the bankruptcy protection process of phone carrier Oi SA
on Friday named auditing and advisory firm
PricewaterhouseCoopers as the...
Read more
REFILE-Unsecured creditors seek quick end to Sports Authority bankruptcy
WILMINGTON, Del., July 22 (Reuters) - Unsecured creditors of
the bankrupt retailer Sports Authority are seeking to convert
the case to a quick liquidation, saying in a Friday court filing
the company...
Read more
the bankrupt retailer Sports Authority are seeking to convert
the case to a quick liquidation, saying in a Friday court filing
the company...
Read more
Brazil holds terror suspects, seeks leads about possible Olympic threat
BRASILIA, July 22 (Reuters) - Brazil held 10 presumed Islamist militants in isolation cells at a maximum security jail on Friday as police combed their computers and mobile phones for information...
Read more
Read more
UPDATE 1-Spec U.S. 10-year T-note net longs fall from 3-year high -CFTC
* Spec 10-year T-note net longs fall from over 3-year high
* Speculative T-bond net longs retreat from record high
(Recasts; adds background)
July 22 (Reuters) - Speculators' net bullish...
Read more
* Speculative T-bond net longs retreat from record high
(Recasts; adds background)
July 22 (Reuters) - Speculators' net bullish...
Read more
BRIEF-Smart & Final Stores unit entered into amendment to its credit agreement
* Smart & Final Stores Inc says on july 19, 2016, its unit
Smart & Final Stores Llc, entered into a second amendment to its
revolving credit agreement
Read more
Smart & Final Stores Llc, entered into a second amendment to its
revolving credit agreement
Read more
BRIEF-VBI Vaccines files for mixed shelf of upto $150 mln
* VBI Vaccines Inc files for mixed shelf of upto $150
million - SEC filing
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
million - SEC filing
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
BRIEF-Federative Republic of Brazil files for global bonds of up to $1.5 bln
* Federative Republic Of Brazil Files For Global Bonds Due
2047 Of Up To $1.5 Bln - Sec filing
Source text : http://bit.ly/2aBq93a
(Bengaluru Newsroom; +1 646 223 8780)
Read more
2047 Of Up To $1.5 Bln - Sec filing
Source text : http://bit.ly/2aBq93a
(Bengaluru Newsroom; +1 646 223 8780)
Read more
Speculative net longs in U.S. 10-year T-notes fall -CFTC
July 22 (Reuters) - Speculators' net bullish bets on U.S.
10-year Treasury note futures fell earlier this week as
safe-haven demand for bonds abated on reduced worries about the
global economy,...
Read more
10-year Treasury note futures fell earlier this week as
safe-haven demand for bonds abated on reduced worries about the
global economy,...
Read more
UPDATE 2-JPMorgan to stop settling government securities for dealers
NEW YORK, July 22 (Reuters) - JPMorgan Chase & Co
will stop settling U.S. government securities transactions for
most dealers by the end of next year as it streamlines its
business, the bank said on...
Read more
will stop settling U.S. government securities transactions for
most dealers by the end of next year as it streamlines its
business, the bank said on...
Read more
MOVES-Avenue Capital hires Maier, Lager to manage new fund
July 22 (Reuters) - Avenue Capital Group, the $11.3 billion
firm run by Marc Lasry, is raising a new credit opportunity
fund, according to sources.
Read more
firm run by Marc Lasry, is raising a new credit opportunity
fund, according to sources.
Read more
DALCOMP NEGOTIATED CALENDAR
July 22 - IN ORDER TO ENSURE THAT WE HAVE TIME TO ENTER ALL NEW ISSUE INFORMATION,
DALCOMP ASKS THAT FIRMS CALL US AT 212-404-8107 OR USE OUR FAX 212-404-8153 TO
INFORM US UPCOMING ISSUES. WE WILL...
Read more
DALCOMP ASKS THAT FIRMS CALL US AT 212-404-8107 OR USE OUR FAX 212-404-8153 TO
INFORM US UPCOMING ISSUES. WE WILL...
Read more
Dash to write CMBS loans before new rules kick in
NEW YORK, July 22 (IFR) - Lenders in the CMBS market are
making a mad dash to write loans before new risk retention rules
take effect later this year that could slam the brakes on deal
flow, several...
Read more
making a mad dash to write loans before new risk retention rules
take effect later this year that could slam the brakes on deal
flow, several...
Read more
EMERGING MARKETS-Latam markets seesaw on rising U.S. stocks, Brexit woes
By Bruno Federowski
SAO PAULO, July 22 (Reuters) - Latin American stocks and
currencies seesawed on Friday as rising U.S. shares
counterweighted renewed woes over the economic fallout...
Read more
SAO PAULO, July 22 (Reuters) - Latin American stocks and
currencies seesawed on Friday as rising U.S. shares
counterweighted renewed woes over the economic fallout...
Read more
JPMorgan to exit government securities settlement business
NEW YORK, July 22 (Reuters) - JPMorgan Chase & Co.
plans to end services on settling government securities after a
review of its businesses, a bank spokesperson said on Friday.
Read more
plans to end services on settling government securities after a
review of its businesses, a bank spokesperson said on Friday.
Read more
As junk bonds rally, investors show caution
NEW YORK, July 22 (IFR) - Borrowers barred from the US
high-yield market just a few months ago are coming back,
following a substantial rally in credit spreads. But investors
are extracting a cost...
Read more
high-yield market just a few months ago are coming back,
following a substantial rally in credit spreads. But investors
are extracting a cost...
Read more
EURO DEBT SUPPLY-Italy, Germany only euro zone countries to sell bonds next week
LONDON, July 22 (Reuters) - Italy and Germany are the two
countries scheduled to sell debt in the coming week, with
analysts also eyeing a possible issue from Portugal.
Read more
countries scheduled to sell debt in the coming week, with
analysts also eyeing a possible issue from Portugal.
Read more
ECB's Nowotny says Italy's Monte dei Paschi needs quick solution
VIENNA, July 22 (Reuters) - European Central Bank governing
council member Ewald Nowotny said on Friday Italy's Banca Monte
dei Paschi, which is weighed down by non-performing
loans, needed a quick...
Read more
council member Ewald Nowotny said on Friday Italy's Banca Monte
dei Paschi, which is weighed down by non-performing
loans, needed a quick...
Read more
BRIEF-Contango Oil & Gas prices a public offering of 5 mln shares of common stock
* Has priced a public offering of 5 million shares of its
common stock for total gross proceeds of $50 million
Read more
common stock for total gross proceeds of $50 million
Read more
GLOBAL MARKETS-Stocks fall, UK PMIs flash Brexit recession warning
LONDON, July 22 (Reuters) - Shares fell on Friday after soft
U.S. corporate results pulled Wall Street back from record
highs, and sterling slumped as the first snapshot of the UK
economy since the...
Read more
U.S. corporate results pulled Wall Street back from record
highs, and sterling slumped as the first snapshot of the UK
economy since the...
Read more
UK's Hammond says likely fiscal loosening will hinge on economy
LONDON, July 22 (Reuters) - British finance minister Philip
Hammond said he planned to support the economy through a period
of weakness after the vote to leave the European Union, but
could not yet...
Read more
Hammond said he planned to support the economy through a period
of weakness after the vote to leave the European Union, but
could not yet...
Read more
BRIEF-Blackhawk network holdings announces pricing of $460 million of convertible notes due 2022
* Blackhawk network holdings, inc. Announces pricing of $460
million of convertible notes due 2022
Read more
million of convertible notes due 2022
Read more
UPDATE 1-Sterling drops, gilts rise after PMIs point to contraction
LONDON, July 22 (Reuters) - Sterling dived and gilts rose on
Friday after surveys showed business activity had wilted in the
wake of the Brexit vote, bolstering expectations the Bank of
England will...
Read more
Friday after surveys showed business activity had wilted in the
wake of the Brexit vote, bolstering expectations the Bank of
England will...
Read more
UPDATE 2-Investors shift into longer debt as ECB ducks scarcity issue
* Data shows euro zone business growth slowest in 1-1/2 yrs
(Updates prices after euro zone data)
Read more
(Updates prices after euro zone data)
Read more
GLOBAL MARKETS-Stocks slip from highs; focus on G20, PMIs
LONDON, July 22 (Reuters) - Shares fell on Friday after soft
U.S. corporate results pulled Wall Street back from record
highs, and as a string of data gave investors one of the first
glimpses of the...
Read more
U.S. corporate results pulled Wall Street back from record
highs, and as a string of data gave investors one of the first
glimpses of the...
Read more
Investors shift into longer-dated debt as ECB fails to tackle scarcity issue
LONDON, July 22 (Reuters) - Investors shifted into
longer-dated euro zone debt on Friday, expecting the European
Central Bank to concentrate its bond purchases in
higher-yielding bonds as they face...
Read more
longer-dated euro zone debt on Friday, expecting the European
Central Bank to concentrate its bond purchases in
higher-yielding bonds as they face...
Read more
Thursday, July 21, 2016
RPT-German firms hold off UK investments ahead of Brexit talks
BERLIN, July 21 (Reuters) - Some German companies are
holding off making investments in Britain until they know more
about the relationship the country will forge with the rest of
Europe following...
Read more
holding off making investments in Britain until they know more
about the relationship the country will forge with the rest of
Europe following...
Read more
China's Li says world should step up macroeconomic policy coordination
BEIJING, July 22 (Reuters) - The world must step up
international macroeconomic policy coordination, China's Premier
Li Keqiang said on Friday after meeting the heads of the
International Monetary...
Read more
international macroeconomic policy coordination, China's Premier
Li Keqiang said on Friday after meeting the heads of the
International Monetary...
Read more
BRIEF-Assured Guaranty files motion to lift stay and challenge the Commonwealth's Executive Orders Diverting PRHTA Pledged Toll Revenues
* Assured guaranty files motion to lift stay and challenge
commonwealth's executive orders diverting prhta pledged toll
revenues not subject to clawback
Read more
commonwealth's executive orders diverting prhta pledged toll
revenues not subject to clawback
Read more
BRIEF-S&P says Aetna and Humana placed on creditwatch following U.S. DOJ announcement
* Intend to resolve the creditwatch placements after we
evaluate additional details surrounding the suit and assess
potential courses of action
Read more
evaluate additional details surrounding the suit and assess
potential courses of action
Read more
BRIEF-Visa says longer term impact of brexit on Visa Europe's business is too early to determine
* Visa on operations in China - working through issues
relating to national security reviews and encryption standards
Read more
relating to national security reviews and encryption standards
Read more
Argentina says fiscal deficit widened to 45.1 bln pesos in June
LIMA, July 21 (Reuters) - Argentina posted a primary fiscal
deficit of 45.1 billion pesos ($3 billion) in June, the Finance
Ministry said on Thursday, more than doubling from a deficit of
22 billion...
Read more
deficit of 45.1 billion pesos ($3 billion) in June, the Finance
Ministry said on Thursday, more than doubling from a deficit of
22 billion...
Read more
COLUMN-After Brexit, the game is 'wait and see': James Saft
July 21 (Reuters) - Central banks are joining companies in
taking a "wait and see" strategy to manage the effects of
Brexit.
Read more
taking a "wait and see" strategy to manage the effects of
Brexit.
Read more
Argentina issues $770 mln in dollar bonds
BUENOS AIRES, July 21 (Reuters) - Argentina issued $770
million in dollar-denominated 94-day and 213-day Treasury bonds,
known as Letes, the Finance Ministry said on Thursday.
Read more
million in dollar-denominated 94-day and 213-day Treasury bonds,
known as Letes, the Finance Ministry said on Thursday.
Read more
Brazil will not freeze spending now to meet fiscal goal -minister
BRASILIA, July 21 (Reuters) - The Brazilian government will
not freeze spending immediately to meet its key fiscal target
for this year, the president's Chief of Staff Eliseu Padilha
said on Thursday.
Read more
not freeze spending immediately to meet its key fiscal target
for this year, the president's Chief of Staff Eliseu Padilha
said on Thursday.
Read more
Minister says arrests show Brazil ready to act fast on terrorism
BRASILIA, July 21 (Reuters) - Brazil's presidential Chief of Staff Eliseu Padilha said Thursday's pre-emptive arrest of a group allegedly supporting the Islamic State (IS) showed the government is...
Read more
Read more
Brazil banks slump, blog says Odebrecht mulls bankruptcy protection, company denies
SAO PAULO, July 21 (Reuters) - Shares in Brazil's largest
listed commercial lenders posted their biggest drop in a month
on Thursday on a financial blog report that Odebrecht SA could
be considering...
Read more
listed commercial lenders posted their biggest drop in a month
on Thursday on a financial blog report that Odebrecht SA could
be considering...
Read more
BRIEF-Teva announces pricing of additional CHF1.0 billion of senior notes
* Teva announces pricing of additional CHF1.0 billion of senior notes in
connection with pending acquisition of actavis generics
Read more
connection with pending acquisition of actavis generics
Read more
Trump leaves some on Wall Street wary and confused
NEW YORK, July 21 (Reuters) - Donald Trump has said a lot of
things that, were he a sitting U.S. president instead of a
candidate for the job, could be expected to roil financial
markets.
Read more
things that, were he a sitting U.S. president instead of a
candidate for the job, could be expected to roil financial
markets.
Read more
Italian rescued banks draw at least three binding offers- source
ROME/MILAN, July 21 (Reuters) - The Bank of Italy has
received at least three binding offers for four small Italian
banks that were rescued from bankruptcy in November after a
deadline to submit bids...
Read more
received at least three binding offers for four small Italian
banks that were rescued from bankruptcy in November after a
deadline to submit bids...
Read more
DBRS cuts Turkey's sovereign credit rating to junk
LONDON, July 21 (Reuters) - Ratings agency DBRS said on
Thursday it cut Turkey's long-term foreign currency rating by
one notch to a speculative grade BB(High), reflecting a
deterioration in the rule...
Read more
Thursday it cut Turkey's long-term foreign currency rating by
one notch to a speculative grade BB(High), reflecting a
deterioration in the rule...
Read more
BlackRock bond fund adds to gilt holdings eyeing Bank of England QE
LONDON, July 21 (Reuters) - One of BlackRock's bond funds
has added to investments in British government debt after the
country's vote to leave the EU last month as it expects the Bank
of England to...
Read more
has added to investments in British government debt after the
country's vote to leave the EU last month as it expects the Bank
of England to...
Read more
UPDATE 2-Brazil rides rally with new long 30-year bond
NEW YORK, July 21 (IFR) - Brazil returned to US dollar bond
markets on Thursday after a four-month hiatus, taking advantage
of a broader EM rally and growing optimism about the country.
Read more
markets on Thursday after a four-month hiatus, taking advantage
of a broader EM rally and growing optimism about the country.
Read more
German yields bounce to three-week high as ECB sits tight
LONDON, July 21 (Reuters) - German bond yields bounced to a
three-week high on Thursday after the European Central Bank said
it would wait until September to assess the need for any further
easing in...
Read more
three-week high on Thursday after the European Central Bank said
it would wait until September to assess the need for any further
easing in...
Read more
UPDATE 1-Brazil to allow state entities to assume some debt from utilities
BRASILIA, July 21 (Reuters) - Brazil's National Monetary
Council, the country's highest economic policy body, on Thursday
authorized state entities to assume debt linked to the financial
health of...
Read more
Council, the country's highest economic policy body, on Thursday
authorized state entities to assume debt linked to the financial
health of...
Read more
CANADA FX DEBT-C$ edges higher as firm domestic data offsets lower oil prices
* Canadian dollar at C$1.3040, or 76.69 U.S. cents
* Bond prices lower across the maturity curve
* 10-year yield touches its highest since June 24 at 1.174
percent
TORONTO, July 21...
Read more
* Bond prices lower across the maturity curve
* 10-year yield touches its highest since June 24 at 1.174
percent
TORONTO, July 21...
Read more
UPDATE 1-Brazil seeks 30-yr bond yield near 6 pct, source says
SAO PAULO, July 21 (Reuters) - The Brazilian government
could offer at least $1 billion in new global bonds maturing in
February 2047 at a yield in the "very low 6 percent area," a
person directly...
Read more
could offer at least $1 billion in new global bonds maturing in
February 2047 at a yield in the "very low 6 percent area," a
person directly...
Read more
South African Reserve Bank leaves repo rate unchanged at 7.0 percent
PRETORIA, July 21 (Reuters) - South Africa's Reserve Bank
kept its benchmark repo rate unchanged at 7 percent
on Thursday, saying that while it was still concerned about
inflation, the weak economy...
Read more
kept its benchmark repo rate unchanged at 7 percent
on Thursday, saying that while it was still concerned about
inflation, the weak economy...
Read more
HIGHLIGHTS-South African central bank comments on rate decision
PRETORIA, July 21 (Reuters) - Below are comments from South
African Reserve Bank Governor Lesetja Kganyago on Thursday as he
announced the central bank's latest decision on its benchmark
repo rate.
Read more
African Reserve Bank Governor Lesetja Kganyago on Thursday as he
announced the central bank's latest decision on its benchmark
repo rate.
Read more
European consumers more worried about Brexit than Brits
BERLIN, July 21 (Reuters) - Consumers in Spain, Italy and
Poland are more worried about the impact on their economies of
Britain's vote to leave the European Union than the British are
themselves, a...
Read more
Poland are more worried about the impact on their economies of
Britain's vote to leave the European Union than the British are
themselves, a...
Read more
UPDATE 1-PulteGroup's profit rises 14 percent
July 21 (Reuters) - PulteGroup Inc, the No.3 U.S.
homebuilder, reported a 14 percent rise in quarterly profit as
it sold more homes at higher prices, and said it appointed three
new independent...
Read more
homebuilder, reported a 14 percent rise in quarterly profit as
it sold more homes at higher prices, and said it appointed three
new independent...
Read more
Russian central bank: We have no plans to influence rouble rate - TASS
MOSCOW, July 21 (Reuters) - Russia's central bank does not
plan to take any measures to influence the rate of the rouble
against foreign currencies, the TASS news agency quoted the bank
as saying on...
Read more
plan to take any measures to influence the rate of the rouble
against foreign currencies, the TASS news agency quoted the bank
as saying on...
Read more
PulteGroup's profit rises 14 percent
July 21 (Reuters) - PulteGroup Inc, the No.3 U.S.
homebuilder, reported a 14 percent rise in quarterly profit as
it sold more homes at higher prices.
Read more
homebuilder, reported a 14 percent rise in quarterly profit as
it sold more homes at higher prices.
Read more
"Helicopter money" comments from BOJ's Kuroda were made in mid-June - BBC
LONDON, July 21 (Reuters) - A BBC interview in which Bank of
Japan Governor Haruhiko Kuroda ruled out the use of "helicopter
money" as monetary stimulus was conducted in mid-June, a
spokeswoman for...
Read more
Japan Governor Haruhiko Kuroda ruled out the use of "helicopter
money" as monetary stimulus was conducted in mid-June, a
spokeswoman for...
Read more
U.S.' Lew sees multiple paths to Greek debt sustainability
ATHENS, July 21 (Reuters) - U.S. Treasury Secretary Jack Lew
said on Thursday that easing Greece's fiscal surplus targets is
one of several different ways that the country could achieve a
more...
Read more
said on Thursday that easing Greece's fiscal surplus targets is
one of several different ways that the country could achieve a
more...
Read more
UPDATE 1-Kremlin economic aide: Rouble is getting too strong
MOSCOW, July 21 (Reuters) - The Russian rouble is starting
to get too strong, a trend that is hurting exports and resulting
in lower budget revenues, Andrei Belousov, a Kremlin economic
aide, told...
Read more
to get too strong, a trend that is hurting exports and resulting
in lower budget revenues, Andrei Belousov, a Kremlin economic
aide, told...
Read more
UPDATE 5-AB InBev, SABMiller deal wins U.S. approval, adds craft beer protections
NEW YORK, July 21 (Reuters) - Brewers Anheuser-Busch InBev
and SABMiller received U.S. antitrust approval
for their $107 billion merger on Wednesday, bringing the
largest-ever consumer products deal...
Read more
and SABMiller received U.S. antitrust approval
for their $107 billion merger on Wednesday, bringing the
largest-ever consumer products deal...
Read more
U.S.' Lew urges Greece to stay on budget reform path
ATHENS, July 21 (Reuters) - U.S. Treasury Secretary Jack
Lew on Thursday said it was important for Greece to make
progress on budget and economic reforms, adding this would help
unlock European...
Read more
Lew on Thursday said it was important for Greece to make
progress on budget and economic reforms, adding this would help
unlock European...
Read more
UPDATE 1-Galenica to buy biotech firm Relypsa for $1.5 bln before break-up
July 21 (Reuters) - Galenica has agreed to buy U.S.
biotech firm Relypsa for $1.53 billion in cash to
strengthen its Vifor Pharma unit ahead of splitting up the Swiss
healthcare group.
Read more
biotech firm Relypsa for $1.53 billion in cash to
strengthen its Vifor Pharma unit ahead of splitting up the Swiss
healthcare group.
Read more
UPDATE 1-Once a self-funder, Trump's new fundraising machine ramps up
CLEVELAND, July 20 (Reuters) - Republican presidential
nominee Donald Trump, who gained popularity partly by bashing
wealthy donors and vowing to fund his own campaign, raised
nearly as much money in...
Read more
nominee Donald Trump, who gained popularity partly by bashing
wealthy donors and vowing to fund his own campaign, raised
nearly as much money in...
Read more
Wednesday, July 20, 2016
JGBs slip, led by superlong maturities amid extra budget talk
TOKYO, July 21 (Reuters) - Japanese government bonds fell on
Thursday, led by the superlong zone, as the Japanese government
geared up to unveil another stimulus package.
Read more
Thursday, led by the superlong zone, as the Japanese government
geared up to unveil another stimulus package.
Read more
BRIEF-United Rentals announces redemption of 7.375% senior notes due 2020
* United rentals inc says notes will be redeemed at a
redemption price equal to 103.688% of principal amount of notes
Read more
redemption price equal to 103.688% of principal amount of notes
Read more
GLOBAL MARKETS-Asian shares edge up as Wall Street strikes fresh records, yen slips
TOKYO, July 21 (Reuters) - Asian shares edged up on
Thursday, bolstered by fresh record highs on Wall Street and a
recovery in crude oil prices, while the dollar climbed to a
six-week peak against...
Read more
Thursday, bolstered by fresh record highs on Wall Street and a
recovery in crude oil prices, while the dollar climbed to a
six-week peak against...
Read more
BRIEF-Novation Companies commence voluntary chapter 11 business reorganization
* Novation companies, inc. And subsidiaries commence
voluntary chapter 11 business reorganization
Read more
voluntary chapter 11 business reorganization
Read more
UPDATE 5-Morgan Stanley hits CEO's bond trading target, surprising analysts
July 20 (Reuters) - Morgan Stanley, which has
struggled for years to improve its bond-trading business, may
finally be turning the corner.
Read more
struggled for years to improve its bond-trading business, may
finally be turning the corner.
Read more
UPDATE 1-Freddie Mac must face revived lawsuit over subprime exposure
July 20 (Reuters) - A federal appeals court on Wednesday
revived Ohio's lawsuit accusing Freddie Mac of
defrauding the state's $87.3 billion public pension fund by
hiding its exposure to subprime and...
Read more
revived Ohio's lawsuit accusing Freddie Mac of
defrauding the state's $87.3 billion public pension fund by
hiding its exposure to subprime and...
Read more
UPDATE 3-Brazil keeps rates steady, sees no room for cuts yet
BRASILIA, July 20 (Reuters) - Brazil's central bank kept
interest rates on hold for the eighth straight time on Wednesday
as expected, in the first decision of a new board that believes
its is too...
Read more
interest rates on hold for the eighth straight time on Wednesday
as expected, in the first decision of a new board that believes
its is too...
Read more
BRIEF-Eagle Bancorp announces subordinated notes offering
* Says Had Commenced A Public Offering Of $75 Mln Of Its
Fixed-To-Floating subordinated notes, due 2026
Read more
Fixed-To-Floating subordinated notes, due 2026
Read more
UPDATE 3-U.S. okays AB InBev deal for SABMiller, adds craft beer protections
NEW YORK, July 20 (Reuters) - U.S. antitrust regulators
approved on Wednesday a $107 billion deal to combine the world's
top two brewers, Anheuser-Busch InBev and SABMiller
, after securing an...
Read more
approved on Wednesday a $107 billion deal to combine the world's
top two brewers, Anheuser-Busch InBev and SABMiller
, after securing an...
Read more
BRIEF-Symantec entered into amendment to credit agreement
* On July 18, 2016, co entered into amendment agreement,
dated as of July 18, 2016 to credit agreement, dated as of may
10, 2016
Read more
dated as of July 18, 2016 to credit agreement, dated as of may
10, 2016
Read more
GLOBAL MARKETS-S&P, Dow hit records; dollar inches to 4-month high
* Oil recovers from 2-month lows on U.S. inventory draw
(Updates market action, adds quote)
Read more
(Updates market action, adds quote)
Read more
UPDATE 1-U.S. research agency launches money fund data tool
July 20 (Reuters) - The U.S. Office of Financial Research, a
government agency which conducts independent financial research
and analysis, said on Wednesday it launched an online tool that
allows...
Read more
government agency which conducts independent financial research
and analysis, said on Wednesday it launched an online tool that
allows...
Read more
Possible Democratic VP picks push for strict payday loan rules
WASHINGTON, July 20 (Reuters) - Two Democratic Senators
mentioned as possible vice presidential picks, Sherrod Brown and
Elizabeth Warren, on Wednesday said a U.S. proposal to crack
down on payday...
Read more
mentioned as possible vice presidential picks, Sherrod Brown and
Elizabeth Warren, on Wednesday said a U.S. proposal to crack
down on payday...
Read more
U.S. Treasury launches money fund data tool
July 20 (Reuters) - The U.S. Treasury Department's research
arm, Office of Financial Research, on Wednesday launched an
online tool that allows investors to analyze the securities held
by money...
Read more
arm, Office of Financial Research, on Wednesday launched an
online tool that allows investors to analyze the securities held
by money...
Read more
Albanesi shows high yield in latest Argentine deal
NEW YORK, July 20 (IFR) - Argentina's Albanesi had the
market to itself on Wednesday as it moved forward with a US$250m
seven-year non-call four bond - the latest in a long list of
offerings from the...
Read more
market to itself on Wednesday as it moved forward with a US$250m
seven-year non-call four bond - the latest in a long list of
offerings from the...
Read more
Turkey scrambles fighter jets after reported sighting of missing vessels
ISTANBUL, July 20 (Reuters) - Turkish F-16 fighter jets
scrambled on Wednesday to check reports that missing Turkish
coastguard vessels had appeared in Greek waters in the Aegean
Sea, Turkish...
Read more
scrambled on Wednesday to check reports that missing Turkish
coastguard vessels had appeared in Greek waters in the Aegean
Sea, Turkish...
Read more
Britain must be clear on what EU ties it wants before Brexit talks-Merkel
BERLIN, July 20 (Reuters) - German Chancellor Angela Merkel
said on Wednesday that Britain should be clear about what kind
of relationship it wants to have with the European Union before
starting...
Read more
said on Wednesday that Britain should be clear about what kind
of relationship it wants to have with the European Union before
starting...
Read more
UPDATE 2-Euro zone bond yields rise as risk rally dents safe-haven demand
LONDON, July 20 (Reuters) - Euro zone bond yields rose on
Wednesday, giving up early falls as upbeat company earnings
boosted U.S. and European stock markets at the expense of
safe-haven bonds.
Read more
Wednesday, giving up early falls as upbeat company earnings
boosted U.S. and European stock markets at the expense of
safe-haven bonds.
Read more
Halliburton reports $148 mln loss from Venezuela operations
CARACAS, July 20 (Reuters) - Oil services provider
Halliburton Co on Wednesday reported a $148 million loss
as a result of accepting a promissory note in exchange for
unpaid invoices linked to...
Read more
Halliburton Co on Wednesday reported a $148 million loss
as a result of accepting a promissory note in exchange for
unpaid invoices linked to...
Read more
MOVES-Royal Bank of Canada, Piraeus Bank, IAM Advisory
July 20 (Reuters) - The following financial services
industry appointments were announced on Wednesday. To inform us
of other job changes, email moves@thomsonreuters.com.
Read more
industry appointments were announced on Wednesday. To inform us
of other job changes, email moves@thomsonreuters.com.
Read more
CANADA FX DEBT-C$ weakens to 1-week low as oil prices fall
* Canadian dollar at C$1.3083, or 76.44 U.S. cents
* Loonie touched its weakest since July 12 at C$1.3096
* Bond prices lower across the maturity curve
TORONTO, July 20 (Reuters) - The...
Read more
* Loonie touched its weakest since July 12 at C$1.3096
* Bond prices lower across the maturity curve
TORONTO, July 20 (Reuters) - The...
Read more
GLOBAL MARKETS-S&P, Dow set records; dollar hits 4-month high
* Oil prices hit 2-month lows before U.S. inventory data
(Update market action, changes dateline, previous LONDON)
Read more
(Update market action, changes dateline, previous LONDON)
Read more
BRIEF-Evoke pharma determined it was out of compliance with some financial covenants under Square 1 Bank agreement
* On July 19 Co determined that it was out of compliance
with some financial covenants under loan and security agreement
with Square 1 bank
Read more
with some financial covenants under loan and security agreement
with Square 1 bank
Read more
BRIEF-ZIOPHARM has no plans to access capital markets in securities offering
* ZIOPHARM Oncology Inc says currently has no plans to
access capital markets in a securities offering
Read more
access capital markets in a securities offering
Read more
SunEdison plans to sell interest in unit Terraform Global
July 20 (Reuters) - Terraform Global Inc said on
Wednesday bankrupt solar company SunEdison Inc is
looking to sell its interest in the "yieldco".
Read more
Wednesday bankrupt solar company SunEdison Inc is
looking to sell its interest in the "yieldco".
Read more
Turkey suspends 900 police officers from Ankara force
ISTANBUL, July 20 (Reuters) - Turkey has suspended 900
police officers in the capital Ankara on suspicion they have
links with an Islamic movement headed by a U.S.-based cleric the
government says...
Read more
police officers in the capital Ankara on suspicion they have
links with an Islamic movement headed by a U.S.-based cleric the
government says...
Read more
RPT-Brexit bump instills no confidence on sullen bond trading floors
July 19 (Reuters) - Even after a good quarter, optimism is
hard to find on Wall Street's bond trading floors.
Read more
hard to find on Wall Street's bond trading floors.
Read more
Turkey suspends four university rectors - broadcaster NTV
ISTANBUL, July 20 (Reuters) - Turkey's High Education Board
has suspended four university rectors, private broadcaster NTV
reported on Wednesday, part of a widening crackdown on suspected
supporters...
Read more
has suspended four university rectors, private broadcaster NTV
reported on Wednesday, part of a widening crackdown on suspected
supporters...
Read more
Turkish authorities charges 99 generals in relation to coup -officials
ISTANBUL, July 20 (Reuters) - Turkish authorities have
formally charged 99 of the country's roughly 360 military
generals for their alleged role in last weekend's failed
military coup, two Turkish...
Read more
formally charged 99 of the country's roughly 360 military
generals for their alleged role in last weekend's failed
military coup, two Turkish...
Read more
EMERGING MARKETS-Turkish assets take fresh dive; firmer dollar hits emerging assets
LONDON, July 20 (Reuters) - Turkey's deepening political
turmoil pushed the lira to 10-month lows and drove up bond
yields and debt insurance costs on Wednesday, while other
emerging assets also...
Read more
turmoil pushed the lira to 10-month lows and drove up bond
yields and debt insurance costs on Wednesday, while other
emerging assets also...
Read more
Gold is not all that glisters - diamonds act as hedge for the rich
GENEVA/LONDON, July 20 (Reuters) - In a packed Christie's
auction room in Geneva, one could hear a pin drop as two
anonymous bidders slugged it out in their quest to own the
world's most exquisite...
Read more
auction room in Geneva, one could hear a pin drop as two
anonymous bidders slugged it out in their quest to own the
world's most exquisite...
Read more
RPT-Gulf Keystone shares spike and plunge after junk bond deal
LONDON, July 19 (Reuters) - Gulf Keystone's stock
spiked and fell by a third on Tuesday as retail investors
flooded chatrooms trying to figure out how junk bond funds led
by former JP Morgan and...
Read more
spiked and fell by a third on Tuesday as retail investors
flooded chatrooms trying to figure out how junk bond funds led
by former JP Morgan and...
Read more
Benchmark JGBs rise, longer zone slips after 20-year sale
TOKYO, July 20 (Reuters) - Benchmark Japanese government
bond prices firmed on Wednesday, while the superlong zone edged
lower after lacklustre demand at a 20-year auction.
Read more
bond prices firmed on Wednesday, while the superlong zone edged
lower after lacklustre demand at a 20-year auction.
Read more
Tuesday, July 19, 2016
Foreign cash jolts Spanish home building back to life
MADRID, July 20 (Reuters) - Residential construction is
coming back to life in Spain eight years after a property crash,
with foreign investment pouring into developments in Madrid and
Barcelona, and...
Read more
coming back to life in Spain eight years after a property crash,
with foreign investment pouring into developments in Madrid and
Barcelona, and...
Read more
Brexit bump instills no confidence on sullen bond trading floors
July 20 (Reuters) - Even after a good quarter, optimism is
hard to find on Wall Street's bond trading floors.
Read more
hard to find on Wall Street's bond trading floors.
Read more
GLOBAL MARKETS-Asia sags after Wall St loses steam, dollar clings to gains
TOKYO, July 20 (Reuters) - Asian stocks stepped back early
on Wednesday after a record run on Wall Street showed signs of
petering out, while the dollar hovered near a four-month high
against a...
Read more
on Wednesday after a record run on Wall Street showed signs of
petering out, while the dollar hovered near a four-month high
against a...
Read more
Sirius XM Canada "strongly disagrees" with shareholder complaint
July 19 (Reuters) - Satellite radio service provider Sirius
XM Canada Holdings Inc said it "strongly disagrees"
with a complaint filed by some shareholders in connection with
the company's plan to go...
Read more
XM Canada Holdings Inc said it "strongly disagrees"
with a complaint filed by some shareholders in connection with
the company's plan to go...
Read more
Brazil recommends four firms for Oi in-court administrator role
SAO PAULO, July 19 (Reuters) - Brazil's telecommunications
industry watchdog Anatel proposed on Tuesday a list of four
candidates to become the in-court administrator of phone carrier
Oi SA, which...
Read more
industry watchdog Anatel proposed on Tuesday a list of four
candidates to become the in-court administrator of phone carrier
Oi SA, which...
Read more
Macedonia issues seven-year eurobond worth 450 million euros - statement
SKOPJE, July 19 (Reuters) - Macedonia issued a seven-year
eurobond worth 450 million euros at a yield of 5.625 percent to
finance budget needs this year and next, the finance ministry
said late on...
Read more
eurobond worth 450 million euros at a yield of 5.625 percent to
finance budget needs this year and next, the finance ministry
said late on...
Read more
TREASURIES-Prices rise as risk appetite slides with weak stocks, oil
* Ten-year yields could fall to 1.15 to 1.10 percent range
-SocGen
* U.S. yields edge higher after upbeat U.S. housing starts
(Adds comment, updates prices)
By Gertrude Chavez-Dreyfuss
...
Read more
-SocGen
* U.S. yields edge higher after upbeat U.S. housing starts
(Adds comment, updates prices)
By Gertrude Chavez-Dreyfuss
...
Read more
Gulf Keystone shares spike and plunge after junk bond deal
LONDON, July 19 (Reuters) - Gulf Keystone's stock
spiked and fell by a third on Tuesday as retail investors
flooded chatrooms trying to figure out how junk bond funds led
by former JP Morgan and...
Read more
spiked and fell by a third on Tuesday as retail investors
flooded chatrooms trying to figure out how junk bond funds led
by former JP Morgan and...
Read more
Bayer says Monsanto offer not subject to any financing condition
BERLIN, July 19 (Reuters) - Bayer said its sweetened $64
billion acquisition offer for Monsanto would not be subject to
any financing conditions, responding to the U.S. seed company's
rejection of...
Read more
billion acquisition offer for Monsanto would not be subject to
any financing conditions, responding to the U.S. seed company's
rejection of...
Read more
Province of Chubut renews Argentina bond issuance
NEW YORK, July 19 (IFR) - Argentine borrowers continued to
make their way to market on Tuesday amid what a positive
backdrop for emerging market credits despite broader headline
risks.
Read more
make their way to market on Tuesday amid what a positive
backdrop for emerging market credits despite broader headline
risks.
Read more
BRIEF-Sinclair Broadcast amends and extends bank credit agreement
* Obtained extension of maturity date of certain loans,
commitments under its existing bank credit facility until July
31, 2021
Read more
commitments under its existing bank credit facility until July
31, 2021
Read more
EMERGING MARKETS-Latam currencies down on global growth concerns
By Bruno Federowski
SAO PAULO, July 19 (Reuters) - Latin American currencies
weakened on Tuesday as renewed concerns over global growth
triggered profit-taking following a weeks-long rally.
...
Read more
SAO PAULO, July 19 (Reuters) - Latin American currencies
weakened on Tuesday as renewed concerns over global growth
triggered profit-taking following a weeks-long rally.
...
Read more
IMF predicts Nigeria's economy will contract by 1.8 pct in 2016
LAGOS, July 19 (Reuters) - Nigeria's economy, the biggest in
Africa, is likely to contract by 1.8 percent this year, the
International Monetary Fund (IMF) said on Tuesday, as the
country grapples...
Read more
Africa, is likely to contract by 1.8 percent this year, the
International Monetary Fund (IMF) said on Tuesday, as the
country grapples...
Read more
BRIEF-BNC Bancorp files for potential mixed shelf filing
* Files for potential mixed shelf filing, size not disclosed
- sec filing
Source text: http://bit.ly/2aqLOed
Further company coverage:
(Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646...
Read more
- sec filing
Source text: http://bit.ly/2aqLOed
Further company coverage:
(Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646...
Read more
CEE MARKETS-Zloty rebounds on robust retail sales, ECB a risk
* Zloty, rebounding, touches July high after retail sales
data
* ECB meeting, euro zone PMIs remain risks to CEE assets
(Recasts with Polish economic data)
By Sandor Peto and Marcin...
Read more
data
* ECB meeting, euro zone PMIs remain risks to CEE assets
(Recasts with Polish economic data)
By Sandor Peto and Marcin...
Read more
WRAPUP 2-U.S. housing starts rise in June; momentum slowing
WASHINGTON, July 19 (Reuters) - U.S. housing starts rose
more than expected in June as construction activity increased
broadly, but downward revisions to the prior months' data
pointed to a sector...
Read more
more than expected in June as construction activity increased
broadly, but downward revisions to the prior months' data
pointed to a sector...
Read more
UPDATE 1-Toronto condo speculation risk curbed by presales-federal agency
OTTAWA, July 19 (Reuters) - Most Toronto condominium
projects do not begin construction until 70 percent of units are
sold, curbing the risk of speculation, Canada's housing agency
said on Tuesday in...
Read more
projects do not begin construction until 70 percent of units are
sold, curbing the risk of speculation, Canada's housing agency
said on Tuesday in...
Read more
CANADA FX DEBT-C$ weakens to 6-day low as commodity currencies retreat
* Canadian dollar at C$1.3025, or 76.78 U.S. cents
* Loonie hits its weakest since July 13 at C$1.3053
* Bond prices slightly higher across the maturity curve
* 10-year yield touches its...
Read more
* Loonie hits its weakest since July 13 at C$1.3053
* Bond prices slightly higher across the maturity curve
* 10-year yield touches its...
Read more
UPDATE 2-New UK finance minister Hammond says BoE to move first on Brexit response
* Bank of England readying monetary package
(Adds comments from Hammond on corporation tax)
Read more
(Adds comments from Hammond on corporation tax)
Read more
Risk of speculation in Toronto condos mitigated by presales-CMHC
OTTAWA, July 19 (Reuters) - The majority of condominium
projects in Canada's largest city do not begin construction
until 70 percent of the units are sold, mitigating the risk of
speculation in the...
Read more
projects in Canada's largest city do not begin construction
until 70 percent of the units are sold, mitigating the risk of
speculation in the...
Read more
BRIEF-NRG Energy intends to commence offering of $1 bln in aggregate principal amount of senior notes due 2027
* Intends to use net proceeds from offering, together with
cash on hand, to redeem all of its outstanding 8.25% senior
notes due 2020
Read more
cash on hand, to redeem all of its outstanding 8.25% senior
notes due 2020
Read more
BRIEF-Electrovaya signs working capital facility loan agreement
* Entered into a definitive loan agreement with a top three
Canadian chartered bank for a us $10 million (CDN $13 million)
credit facility
Source text for Eikon:
Further company coverage:
...
Read more
Canadian chartered bank for a us $10 million (CDN $13 million)
credit facility
Source text for Eikon:
Further company coverage:
...
Read more
UPDATE 1-Spanish bond yields fall sharply as investors welcome new 10-year bond
LONDON, July 19 (Reuters) - Spain's borrowing costs fell
from three-week highs on Tuesday, tightening the gap over
benchmark Germany as investors showed strong demand for a new
10-year Spanish bond.
Read more
from three-week highs on Tuesday, tightening the gap over
benchmark Germany as investors showed strong demand for a new
10-year Spanish bond.
Read more
CEE MARKETS-Zloty retreats in profit-taking ahead of output data
* Zloty gives up ground, after hitting July highs overnight
* Polish output, retail data due at 1200 GMT
* ECB meeting, euro zone PMIs are risks to CEE assets
By Sandor Peto and Bartosz...
Read more
* Polish output, retail data due at 1200 GMT
* ECB meeting, euro zone PMIs are risks to CEE assets
By Sandor Peto and Bartosz...
Read more
BoE's Woods says no 'sweeping solution' for banks after Brexit
LONDON, July 19 (Reuters) - Relying on the European Union's
securities rules to obtain access to the EU's single market
after Britain leaves the bloc won't be a "sweeping solution",
Bank of England...
Read more
securities rules to obtain access to the EU's single market
after Britain leaves the bloc won't be a "sweeping solution",
Bank of England...
Read more
GLOBAL MARKETS-Stocks slip as rally fatigue sets in
LONDON, July 19 (Reuters) - World shares dipped for only the
second time in nine days on Tuesday, sapped by a drop in oil
prices and data that showed Britain's vote to quit the European
Union dented...
Read more
second time in nine days on Tuesday, sapped by a drop in oil
prices and data that showed Britain's vote to quit the European
Union dented...
Read more
JGBs mostly edge down, taking cues from stronger stocks
TOKYO, July 19 (Reuters) - Japanese government bonds mostly
edged lower on Tuesday as stock market gains lessened the appeal
of fixed income assets, though they remained supported by Bank
of Japan...
Read more
edged lower on Tuesday as stock market gains lessened the appeal
of fixed income assets, though they remained supported by Bank
of Japan...
Read more
Monday, July 18, 2016
RPT-Exodus of professional workers reshaping Qatar
DOHA, July 18 (Reuters) - Five years ago Samer Habib left
the United Arab Emirates and moved to Qatar where he opened a
restaurant that turned a profit serving Lebanese salads and
sandwiches to...
Read more
the United Arab Emirates and moved to Qatar where he opened a
restaurant that turned a profit serving Lebanese salads and
sandwiches to...
Read more
Teva Pharm prices $15 bln in notes to fund Allergan generics deal
TEL AVIV, July 19 (Reuters) - Teva Pharmaceutical Industries
Ltd said on Tuesday it successfully priced a debt
offering for $15 billion worth of senior notes to help fund its
acquisition of Allergan...
Read more
Ltd said on Tuesday it successfully priced a debt
offering for $15 billion worth of senior notes to help fund its
acquisition of Allergan...
Read more
BRIEF-Golden Queen files final prospectus supplement
* Agreed to increase size of its previously announced bought
deal financing from C$13 million to approximately C$14 million
Read more
deal financing from C$13 million to approximately C$14 million
Read more
Murray Energy working with investment banks on debt relief -sources
July 18 (Reuters) - Murray Energy Corp, one of
the largest privately held U.S. coal miners, is working with
investment banks to renegotiate terms of its credit agreements
in a bid to stave off...
Read more
the largest privately held U.S. coal miners, is working with
investment banks to renegotiate terms of its credit agreements
in a bid to stave off...
Read more
BRIEF-S&P revises Honduras sovereign credit outlook up to positive from stable current rating is B+
* S&P revises honduras sovereign credit outlook up to positive from stable; current rating
is B+
Read more
is B+
Read more
BRIEF-Golden Queen Mining to increase size of its bought deal financing
* 9.7 million units of company are being offered on a bought
deal basis at price of C$1.45 per unit - SEC filing
Read more
deal basis at price of C$1.45 per unit - SEC filing
Read more
UPDATE 3-Profits tumble at Mexico's Alfa in Q2, hit by weak peso
MONTERREY, Mexico, July 18 (Reuters) - Mexican conglomerate
Alfa posted a 70.9 percent drop in profits in the second
quarter, dragged down by a depreciation in the peso currency,
the company said on...
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Alfa posted a 70.9 percent drop in profits in the second
quarter, dragged down by a depreciation in the peso currency,
the company said on...
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Moody's places Turkey's debt ratings on review for downgrade
July 18 (Reuters) - Moody's Investors Service placed Turkey's Baa3 issuer and bond ratings
on review for downgrade, citing the need to assess the medium-term impact of the failed military
coup on the...
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on review for downgrade, citing the need to assess the medium-term impact of the failed military
coup on the...
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BRIEF-Matson Logistics to buy Span Alaska for $197.6 mln
* Transaction expected to be $0.10 to $0.12 accretive to
annual eps, excluding one-time costs
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annual eps, excluding one-time costs
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Foreigners buy long-term U.S. assets in May -Treasury data
NEW YORK, July 18 (Reuters) - Foreigners bought long-term
U.S. securities in May after selling them the previous month,
data from the U.S. Treasury department showed on Monday.
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U.S. securities in May after selling them the previous month,
data from the U.S. Treasury department showed on Monday.
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Coup turmoil endangers Turkey's investment-grade rating
LONDON, July 18 (Reuters) - Turkey's investment-grade credit
rating is hanging by a thread after last week's attempted coup
and any further deterioration would force some conservative
investors to...
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rating is hanging by a thread after last week's attempted coup
and any further deterioration would force some conservative
investors to...
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EMERGING MARKETS-Latam currencies, stocks recover as Turkey coup thwarted
SAO PAULO, July 18 (Reuters) - Most Latin American stocks
and currencies rose on Monday as traders unwound safety bets
after a military coup attempt in Turkey proved unsuccessful.
Investors...
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and currencies rose on Monday as traders unwound safety bets
after a military coup attempt in Turkey proved unsuccessful.
Investors...
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UPDATE 1-CalPERS returns 0.61 pct in past year amid market volatility
ROHNERT PARK, Calif., July 18 (Reuters) - California Public
Employees' Retirement System posted a slightly
better-than-expected 0.61 net return on investment for the
12-month period that ended June...
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Employees' Retirement System posted a slightly
better-than-expected 0.61 net return on investment for the
12-month period that ended June...
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TREASURIES-Prices edge higher on geopolitical risk concerns
* Yields flat to slightly higher followed failed Turkey coup
* U.S. homebuilder index slips, but yields bounce off lows
By Gertrude Chavez-Dreyfuss
NEW YORK, July 18 (Reuters) - U.S....
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* U.S. homebuilder index slips, but yields bounce off lows
By Gertrude Chavez-Dreyfuss
NEW YORK, July 18 (Reuters) - U.S....
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UPDATE 3-Bank of America sets new cost target under pressure from low rates
July 18 (Reuters) - Bank of America Corp reported a
19-percent drop in second-quarter profit on Monday and set a new
expense target as growth in businesses from lending to trading
failed to offset...
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19-percent drop in second-quarter profit on Monday and set a new
expense target as growth in businesses from lending to trading
failed to offset...
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UPDATE 2-Sterling boosted by Softbank bid and Weale's hawkish comments
LONDON, July 18 (Reuters) - Sterling rose on Monday, boosted
by expectations of inflows after Japan's Softbank agreed to buy
chip designer ARM in a 24.3 billion pound ($32.2 billion) deal
which...
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by expectations of inflows after Japan's Softbank agreed to buy
chip designer ARM in a 24.3 billion pound ($32.2 billion) deal
which...
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