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Bain Capital's Guitar Center hits rough patch
ReutersNEW YORK, June 12 (Reuters-BUYOUTS)-Standard & Poor's cut its debt rating on Bain Capital-owned Guitar Center Holdings Inc late last month, as the music retailer purchased during the height of the 2007 buyout boom struggles with "weak operating trends."...Tags: Electronics, Entertainment, Economy, Business and Finance, Science and Technology, Corporate Officers
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Nasdaq appoints Tom Wittman to head its U.S. stock market
ReutersNEW YORK, June 12 (Reuters) - Nasdaq OMX Group has appointed Tom Wittman to head the No. 2 U.S. stock market as part of a broader management shift aimed at better aligning its products across the equities, options and futures asset classes. Wittman,...Tags: NASDAQ, Marketing, The Wall Street Journal, eSpeed Incorporated
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CANADA STOCKS-TSX closes at lowest level since April, led by banks
ReutersTORONTO, June 12 (Reuters) - Canada's main stock index fell to its lowest level in more than six weeks on Wednesday, led by financial and energy shares, which were hurt by ongoing concerns that global central banks will soon provide less monetary...Tags: Canada, Toronto Stock Exchange, Toronto (Canada)
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Cosi CEO Carin Stutz resigns
Tribune staff reporterCosi Inc., the beleaguered Deerfield-based fast casual restaurant chain, has lost another chief executive. The chain said in a statement late Tuesday that Carin Stutz resigned and that chairman of the board Stephen Edwards would take her place....Tags: Lifestyle and Leisure, Companies and Corporations, Economy, Business and Finance, Panera Bread Company, Burger King
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GLOBAL MARKETS-Shares, dollar retreat on central bank worries
Reuters* World share markets retreat as monetary policy concerns weigh * Government bond prices slip * Oil gains despite report showing rising inventories By Herbert Lash NEW YORK, June 12 (Reuters) - The dollar and world equity markets retreated on...Tags: Financial Markets, Federal Reserve, Economic Policy, Petroleum Industry, Washington, DC
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HMA shares rise 11 percent on activist push
ReutersJune 12 (Reuters) - Shares of Health Management Associates Inc gained more than 11 percent on Wednesday on investor beliefs that it might be a takeover target after hedge fund Glenview Capital Management urged it to remove or amend its poison pill and...Tags: Board of Directors, U.S. Securities and Exchange Commission, NYSE Euronext, Inc., Health Management Associates Incorporated
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Wall St extiende caÃda por temor a cese de estÃmulos de bancos centrales
ReutersPor Rodrigo Campos NUEVA YORK, 12 jun (Reuters) - Las acciones cerraron en baja el miércoles en la bolsa de Nueva York, en una jornada volátil en la que el Dow Jones retrocedió más de 100 puntos, por una ola de ventas alentada por temores a la...Tags: Nasdaq Composite, Financial Markets, American Express Company, S&P 500, Hewlett-Packard Co.
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Acciones EEUU caen por preocupación sobre reducción de estÃmulos
ReutersPor Angela Moon NUEVA YORK, 12 jun (Reuters) - Las acciones estadounidenses caÃan el miércoles en otra sesión volátil, en la que los inversores desmantelaban parte de las posiciones levantadas recientemente bajo la expectativa optimista de que los...Tags: Nasdaq Composite, American Express Company, Hewlett-Packard Co.
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Disney's ESPN to close 3D cable TV network this year
Reuters(Reuters) - Walt Disney Co's TV sports network, ESPN, said it will shut its 3D cable channel in the United States, ending a three-year experiment after sports fans failed to embrace the technology in their homes. ESPN launched the 3D cable channel in...Tags: ESPN (tv network), Entertainment, Agriculture, Media Industry, NYSE Euronext, Inc.
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US STOCKS SNAPSHOT - Nasdaq falls 1 pct; market extends selloff
ReutersNEW YORK, June 12 (Reuters) - U.S. stocks fell on Wednesday, with the Nasdaq falling 1 percent, in another day of wild swings as traders extended a selloff driven by concern over the winding down of central bank policies that have given support to...Tags: Nasdaq Composite, Financial Markets, NASDAQ, S&P 500, Stock Activities
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HP CEO sees possible 2014 revenue growth; shares up
ReutersNEW YORK (Reuters) - Hewlett-Packard Co Chief Executive Officer Meg Whitman said on Wednesday that revenue growth was "still possible" for the computer maker in its next fiscal year but that the performance of the overall PC market was a wild card. HP...Tags: Thomson Corporation, Computing and Information Technology Industry, NYSE Euronext, Inc., Corporate Officers, Hewlett-Packard Co.
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Susquehanna cuts Booz Allen's earnings estimate on Snowden leak
ReutersJune 12 (Reuters) - U.S. intelligence agencies will likely freeze some of Booz Allen Hamilton Holding Corp's projects temporarily, pending a review of how the company handles classified information, Susquehanna Financial Group analysts said, trimming...Tags: The Carlyle Group, Central Intelligence Agency, Economy, Business and Finance, NYSE Euronext, Inc., Edward Snowden
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