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Transocean chairman voted out, Icahn dividend plan rejected
ReutersZUG, Switzerland (Reuters) - Transocean Ltd shareholders voted out Chairman Michael Talbert at the annual meeting on Friday and backed a nominee of activist investor Carl Icahn to replace him on the board of the world's largest offshore drilling...Tags: Economy, Business and Finance, Annual and Special Corporate Meetings, NYSE Euronext, Inc., Occidental Petroleum Corp., Mexico
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Wall St cierra cuarta semana con ganancias, Dow Jones y S&P 500 con récord
ReutersPor Leah Schnurr NUEVA YORK, 17 mayo (Reuters) - Las acciones extendieron su avance el viernes en la bolsa de Nueva York y sumaron su cuarta semana consecutiva con ganancias, tras datos económicos alentadores que llevaron tanto al promedio Dow Jones...Tags: S&P 500, Financial Markets, Exxon Mobil Corporation, NASDAQ, Nasdaq Composite
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High-yield bond funds see lower demand after record rally
ReutersNEW YORK (Reuters) - Investors worldwide cut back on commitments to high-yield "junk" bond funds in the latest week, giving just $100 million to the funds globally after committing over $1 billion the prior week, according to Bank of America Merrill...Tags: Finance, Japan, Economy, Business and Finance, Nikkei, Emerging Market
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NYSE cancels irregular trades in Anadarko stock - Bloomberg
ReutersMay 17 (Reuters) - The New York Stock Exchange canceled trades in Anadarko Petroleum Corp after a blip in trading cut the market value of the company by 99 percent, according to a report in Bloomberg. Trading in the shares of the $45.15 billion company...Tags: Petroleum Industry, NYSE Euronext, Inc., Financial Markets, U.S. Securities and Exchange Commission, Anadarko Petroleum Corporation
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Idea Of The Week: Sector Rotation Turns Toward Aerospace and Defense
ReutersBy John Kozey May 17 (Reuters) - (The author is a writer for Alpha Now, Thomson Reuters' online home for investment insight. The views expressed are his own. Visitfor more.) Investors are pushing sector rotation toward more cyclical sectors and the...Tags: Economy, Business and Finance, S&P 500, Aerospace Manufacturing, Raytheon Company, Earnings
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PRECIOUS-Gold hits 1-month low as Fed pressured to end stimulus
Reuters* US gold futures down 1.6 pct, down 5 pct on week * Traders see more losses, could take market to 2010 level * Fed officials pressure for stimulus end, driving dollar up * Strong US consumer data, stock market weigh on gold * Palladium, platinum...Tags: Finance, Economy, Business and Finance, Central Bank, Gold and Precious Material, Casino and Gambling Industry
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GLOBAL MARKETS-Dollar soars, stocks gain amid talk of Fed QE exit
Reuters* Fed's Williams says stimulus reduction could start this summer * U.S. consumer sentiment rises to nearly six-year high * U.S. dollar index hits nearly three-year high * U.S. Treasuries prices fall further after sentiment data By Herbert Lash NEW YORK,...Tags: S&P 500, Central Bank, Gold and Precious Material, Financial Markets, Foreign Exchange Market
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CANADA STOCKS-TSX extends gain as banks and energy stocks offset gold woes
ReutersTORONTO, May 17 (Reuters) - Canada's main stock index extended their gains on Friday, trading 1 percent higher in late afternoon trade as buoyant heavyweight banking and energy stocks offset the ongoing woes of the gold miners. At 3:30 p.m. (1930 GMT)...Tags: Toronto Stock Exchange, Canada, Toronto (Canada)
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US STOCKS SNAPSHOT-S&P up 1 pct as rally pushes forward
ReutersNEW YORK, May 17 (Reuters) - U.S. stocks extended gains in late trading on Friday, with the S&P 500 up 1 percent and at a fresh record high, led by growth sectors after upbeat data encouraged investors. The Dow Jones industrial average rose 122.67 points...Tags: S&P 500, Financial Markets, Stock Activities, Nasdaq Composite
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Dollar tops 103 yen, a 4-1/2-year high, on robust U.S. data
ReutersNEW YORK (Reuters) - The dollar rallied across the board on Friday, topping the 103-yen level as it hit a 4-1/2-year high against the Japanese currency, after data showing a robust rebound in U.S. consumer sentiment prompted investors to add to bullish...Tags: Economy, Business and Finance, Iran, Consumers, Mutual Funds, Bonds
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CANADA STOCKS-TSX ends week on high note as banks, energy stocks sing
ReutersTORONTO, May 17 (Reuters) - The main Canadian stock index ended higher on Friday as strong performances from some heavyweight banking and energy stocks minimized the damage from gold miners stung by bullion's continued decline. The Toronto Stock Exchange'...Tags: Toronto Stock Exchange, Canada, Toronto (Canada)
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US STOCKS SNAPSHOT-Dow, S&P end at records in Wall St's 4th week of gains
ReutersNEW YORK, May 17 (Reuters) - U.S. stocks continued their climb into uncharted territory on Friday, racking up the fourth week of gains in a row as encouraging economic data prompted investors to pick up shares of growth companies. Both the Dow and the S&P...Tags: S&P 500, Bank of America Corp., Financial Markets, NASDAQ, Stock Activities
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