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Bold move: Yahoo makes $1.1 billion bet on Tumblr, Internet whiz kid in bid to be hip again
AP Technology WriterSAN FRANCISCO (AP) — After falling woefully out of fashion, Yahoo wants to be cool again while catering to the capitalistic demands of its shareholders. That goal led CEO Marissa Mayer to make a $1.1 billion bet on online blogging forum Tumblr in...Tags: Sergey Brin, Microsoft Corporation, Online Advertising, Online Media Industry, YouTube
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Urban Outfitters sales miss Street estimates, shares fall
Reuters(Reuters) - Teen apparel retailer Urban Outfitters Inc's sales missed analysts' estimates even as reduced discounting helped shore up profit in the first quarter. Shares of the company fell as much as 4 percent to $42.77 in post-market trading on Monday....Tags: S&P 500, Weather Reports, Aeropostale Inc., American Eagle Outfitters Incorporated, Morningstar Incorporated
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REFILE-GLOBAL MARKETS-Dollar firms as suspense builds, Asia shares dip
Reuters* Dollar index firmer, but down from near 3-year high * MSCI Asia Pacific ex-Japan slips 0.2 percent * Nikkei up slightly, hits 5-1/2-year high By Masayuki Kitano and Vidya Ranganathan SINGAPORE, May 21 (Reuters) - The U.S. dollar inched up against...Tags: Germany, DAX, Ben Bernanke, Asia, Nikkei
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European shares fall from multi-year highs, Sonova slumps
Reuters* FTSEurofirst 300 down 0.1 pct, Euro STOXX falls 0.2 pct * Concerns over end to QE halts equity market rally * Traders remain bullish on long-term By Sudip Kar-Gupta LONDON, May 21 (Reuters) - European shares fell from multi-year highs on Tuesday,...Tags: Germany, DAX, Ben Bernanke, Credit Ratings, Auto Trends
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EU antitrust regulators to rule on ICE, NYSE deal by June 24
ReutersBRUSSELS, May 21 (Reuters) - European antitrust regulators will decide by June 24 whether to clear an $8.2 billion takeover bid by IntercontinentalExchange Inc for New York Stock Exchange operator NYSE Euronext. ICE, a derivatives exchange and...Tags: IntercontinentalExchange, Inc., Politics, NASDAQ, NYSE Euronext, Inc., Antitrust Issues
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FEATURE-In the Hamptons, catering to the rich (and their dogs) is good business
Reuters(Repeats with no changes to text) By Beth Pinsker EAST HAMPTON, New York, May 21 (Reuters) - Judging by early demand for everything from doggie daycare to Ferrari rentals and fine art, rich Americans are going to make this a strong summer in one of...Tags: Rentals, Jennifer Lopez, Bellmore, Condos and Houses, Animals
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European share rally stalls on doubts about Fed support
Reuters* FTSEurofirst 300 down 0.4 pct, Euro STOXX 50 falls 0.5 pct * Market worries that U.S. central bank may trim QE programme * Most traders still positive on shares over longer term * Go short on Euro STOXX futures, says Nomura By Sudip Kar-Gupta...Tags: Germany, Money and Monetary Policy, European Central Bank, Ben Bernanke, Credit Ratings
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STOCKS NEWS US-Earnings and economic diary for May 21
ReutersReal-time equity news [E U] U.S. stock market report 0733 ET 13Dec2011-Earnings and economic diary for May 21 ----------------------------------------------------------------------------- S&P 500 companies still scheduled to post earnings on Tuesday...Tags: AutoZone Incorporated, Best Buy Co., Inc., Intuit Incorporated, TJX Companies Incorporated, S&P 500
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US STOCKS-Futures little changed as market drifts near record high
Reuters* Home Depot raises outlook, shares jump * Carnival guides lower once more, shares tumble * JPMorgan shareholders to decide on Dimon's chairmanship * Futures: Dow up 4 pts, S&P off 2 pts, Nasdaq off 3 pts NEW YORK, May 21 (Reuters) - U.S. stock...Tags: Money and Monetary Policy, Carnival Corporation, U.S. Congress, S&P 500, Apple iPhone
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REUTERS SUMMIT-Colombia aims to "internationalize" bourse
Reuters* Stock exchange expects two foreign listings next year * Says four local companies could offer shares by year-end * Calls for better regulations in Colombia capital markets By Helen Murphy and Nelson Bocanegra BOGOTA, May 20 (Reuters) - Colombia aims...Tags: Mexico, Bogota (Colombia), Emerging Market, Credit and Debt, Finance
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Laredo Petroleum exits Anadarko Basin with $438 mln asset sale
ReutersMay 21 (Reuters) - Laredo Petroleum Holdings Inc said it would sell its assets in the Anadarko Basin in Western Oklahoma and Texas to affiliates of EnerVest Ltd for $438 million to raise capital for its drilling activities in the Permian Basin....Tags: Wells Fargo & Co., Petroleum Industry, NYSE Euronext, Inc., Energy Resources
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Futuros de acciones EEUU cotizan estables tras nueva sesión de récord
ReutersPor Rodrigo Campos NUEVA YORK, mayo 21 (Reuters) - Los futuros de las acciones estadounidenses anotaban pocos cambios el martes después de que el índice S&P 500 tocara otro máximo intradiario en la sesión previa, mientras el mercado se mantiene a...Tags: S&P 500, The Home Depot
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