Sat, Aug 23, 2014, 2:02 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Financial News from Reuters

  • The Federal Reserve's intensive focus on a wide range of labor market data to guide policy-making is driving a wedge between its core decision-makers and others who feel the central bank is straying from traditional guideposts. In a speech here on Friday, Fed Chair Janet Yellen gave her most detailed analysis yet of what …

  • Dennis Lockhart, President of the Federal Reserve Bank of Atlanta, arrives at the opening reception of the Jackson Hole Economic Policy Symposium

    Federal Reserve is focused on an initial interest rate hike between the first quarter and the middle of next year, with possible changes in its main policy statement as soon as next month, Atlanta Fed President Dennis Lockhart said on Saturday. "It is reasonable with the improving data to begin to anticipate a change in …

  • * German Chancellor, in Ukraine capital, says peace is possible * NATO says Russia sent troops into Ukraine, Moscow denies it * Russian truck convoy leaves Ukrainian territory * In rebel-held city of Donetsk, shelling destroys homes (Adds more quotes)

  • Illustration file picture shows a man typing on a computer keyboard in Warsaw

    BOSTON/WASHINGTON (Reuters) - A cyber attack at a firm that performs background checks for U.S. The breach at Falls Church, Virginia-based US Investigations Services (USIS) exposed highly personal information of workers at the Department of Homeland Security's headquarters as well as its U.S.

  • All 227 vehicles that entered Ukraine as part of a Russian aid convoy have now returned to Russian soil, security watchdog the Organisation for Security and Cooperation in Europe said on Saturday. The ...

  • The walls and towers of the Kremlin are reflected in a window of a closed McDonald's restaurant, one of four temporarily closed by the state food safety watchdog, in Moscow

    Russian authorities are not planning to close the McDonald's chain in the country, Deputy Prime Minister Arkady Dvorkovich was quoted saying on Saturday, after inspectors visited a number of restaurants run by the fast-food company. "No one is talking about it at all (a ban on McDonald's in Russia)," Dvorkovich was quoted …

  • French Economy Minister Arnaud Montebourg delivers a speech during a conference about the economic recovery of France at the Bercy ministry in Paris

    Austerity measures being pursued by France and elsewhere in the euro zone are quashing growth, French Economy Minister Arnaud Montebourg was quoted saying on Saturday, renewing his attacks on policies he sees as negative for the economy. Montebourg's interview with Le Monde daily came days after President Francois Hollande …

  • German Chancellor Angela Merkel, on her first visit to Ukraine since the crisis there erupted early this year, pressed Moscow to engage on a peace plan with Kiev, saying success was not possible if only one side was interested in a diplomatic solution. I hope the talks with Russia will lead to success," said Merkel. Western …

  • Russian authorities are not planning to close down the McDonald's chain of fast food restaurants in the country, Itar-Tass news agency quoted Deputy Prime Minister Arkady Dvorkovich as saying on Saturday. ...

  • * Russia sent in aid convoy without Kiev's agreement * NATO says Russian military active inside Ukraine * In rebel-held city of Donetsk, shelling destroys homes (Releads with start of Merkel talks in Kiev) KIEV, Aug 23 (Reuters) - - German Chancellor Angela Merkel flew in to the Ukrainian capital on Saturday and said …

  • A Russian truck convoy with humanitarian aid has left Ukraine and is now in Russia, RIA news agency cited a spokeswoman for the foreign ministry in Moscow as saying on Saturday. The convoy of about 220 ...

  • UKRAINE CALLS CONVOY AN INVASION

    * Convoy had entered Ukraine without government's permission * NATO, White House say Russian artillery used inside Ukraine * Germany's Merkel arrives in Kiev for talks * Shelling destroys homes in rebel-held city of Donetsk (Edits, updates with Merkel arrival, NATO comments)

  • President Barack Obama on Saturday urged business owners to press Congress to reauthorize the U.S. Export-Import Bank, which could halt any new financing Sept. 30 - as some conservative Republicans hope it will - if lawmakers fail to act. Obama said in his weekly radio address that if Congress lets the bank close, it …

  • * Convoy had entered Ukraine without government's permission * NATO, White House say Russian artillery used inside Ukraine * Shelling destroys homes in rebel-held city of Donetsk (Updates, adds background, shelling ) DONETSK-IZVARINO BORDER CROSSING, Russia, Aug 23 (Reuters) - T he first trucks from a Russian aid convoy …

  • India's central bank said that all transactions involving domestic credit cards must follow rules requiring additional verification, a stance that could impact companies such as Uber Technologies Inc that provide more simple app-based purchases. The announcement on Friday comes after local taxi companies had complained …

  • William Ackman, founder and CEO of hedge fund Pershing Square Capital Management, speaks to the audience about Herbalife company in New York

    BOSTON/NEW YORK (Reuters) - Investors owning 31 percent of shares of Allergan Inc have asked the company to call a special shareholder meeting, activist shareholder William Ackman said on Friday, giving the hedge fund manager a victory in his fight to acquire the Botox maker. Ackman, whose Pershing Square Capital Management …

  • A Wall Street sign is pictured in the rain outside the New York Stock Exchange

    Reaching it ahead of schedule is the latest affirmation that stocks are widely preferred to bonds, even with further upside seen as limited as the Federal Reserve remains on track to end its bond-buying stimulus program in October.. The level has more psychological than fundamental significance, and it could prompt market …

  • A logo is pictured on the building of Cargill International SA in Geneva

    Privately held Cargill filed the case on Thursday in the U.S. District Court of Colorado, accusing Jason Kuan of breach of contract.(http://1.usa.gov/1lmQx3S) Kuan had worked for Cargill's Case Ready business, which is involved in processing and packaging meat for retailers. He joined JBS, the world's biggest beef producer …

  • WASHINGTON D.C./SAN FRANCISCO (Reuters) - Todd Park, President Barack Obama's chief technology officer who played a role in fixing the flawed Healthcare.gov website, is moving to a new job recruiting top Silicon Valley talent to government, a source familiar with the situation said on Friday. Park, a successful tech entrepreneur …

  • The Detroit Board of Water Commissioners agreed on Friday to repurchase nearly $1.5 billion of water and sewer revenue bonds tendered by investors by a deadline on Thursday. Detroit, which filed the biggest-ever municipal bankruptcy last year, launched the tender offer on Aug. 7 with the hope of getting back enough of …

  • A key piece of equipment that had delayed full production at Codelco's newest mine in Chile is now stable and working properly, the world's No.1 copper producer said on Friday, confirming comments made by a union leader on Thursday. The roaster at the Ministro Hales mine is working as expected and has been functioning …

  • A zoomed illustration image of a man looking at a computer monitor showing the logo of Amazon is seen in Vienna

    While the in-house platform is initially planned to replace ads supplied by Google Inc on Amazon's own website, the new system could challenge Google and Microsoft Corp's advertising business in the future, the newspaper cited the people as saying. Amazon's system would resemble Google's AdWords, and is planned to make …

  • Todd Park, a successful tech entrepreneur who became a top adviser to President Barack Obama, will move to the West Coast at the end of the month as part of a White House team, the source said on condition of anonymity because it has not been made public. The move signals a growing effort by the government to try to recruit …

  • A sign is seen above the entrance to an HSBC branch in midtown Manhattan in New York City

    HSBC Holdings Plc was sued for $250 million on Friday for allegedly ignoring red flags that a colorful British entrepreneur, the late David Elias, was committing fraud through an investment vehicle he controlled. District Court in Manhattan by the liquidator of Luxembourg-based SLS Capital SA, which failed in 2009, the …

  • Mexico's national oil company Pemex said on Friday it has lowered its crude oil output forecast for 2014 to 2.35 million barrels per day (bpd) as it sought to improve the way it measures production. A company spokesman said that the new estimate did not mean that the company will produce less crude oil but instead that …

  • HSBC Holdings Plc was sued for $250 million on Friday for allegedly ignoring red flags that a colorful British entrepreneur, the late David Elias, was committing fraud through an investment vehicle he controlled. District Court in Manhattan by the liquidator of Luxembourg-based SLS Capital SA, which failed in 2009, the …

  • Goldman Sachs sign is seen above floor of the New York Stock Exchange shortly after the opening bell in the Manhattan borough of New York

    Under the settlement with the Federal Housing Finance Agency, the conservator for the two government-controlled mortgage finance companies, Goldman Sachs said it agreed to pay $3.15 billion to repurchase mortgage-backed securities from Fannie and Freddie. The FHFA, which valued the settlement at $1.2 billion, said the …

  • Goldman Sachs Group Inc has agreed to a settlement worth $1.2 billion to resolve a U.S. Under the settlement with the Federal Housing Finance Agency, the conservator for the two government-controlled mortgage finance companies, Goldman Sachs said it agreed to pay $3.15 billion to repurchase mortgage-backed securities from …

  • Hedge fund manager William Ackman said on Friday that a total of 35 shareholders who own 31 percent of Allergan Inc.' s stock have called on the Botox maker to call a special meeting. Ackman, whose Pershing ...

  • Atlantic City's tax base, facing the loss of a third of its casinos including the shining new Revel Casino Hotel, is likely to shrink next year to half of what it was in 2010, the city's finance chief said. The erosion of the property tax base, in the most well-known U.S. It is expected to fall to an anticipated $10 billion …

  • Texas investor Samuel Wyly exits the Manhattan Federal Court in this file photograph

    A lawyer for Texas tycoon Sam Wyly and his late brother Charles' estate told a federal judge on Friday that a U.S. Harry Susman told U.S. The trial comes three months after a jury found the Wylys liable for fraud and other civil charges, in what was the SEC's largest case to reach trial in years. The agency accused the …

  • A Walgreens logo is seen outside its store in New York City

    The company faced a "technical issue" during a system update and had to bring the entire system offline to resolve it, spokesman Michael Polzin said. Some prescription orders may have been lost as a result of the outage, Polzin said, but most were queued and processed when the system was restored. Shares of Walgreen closed …

  • A lawyer for Texas tycoon Sam Wyly and his late brother Charles' estate told a federal judge on Friday that a U.S. Harry Susman told U.S. The trial comes three months after a jury found the Wylys liable for fraud and other civil charges, in what was the SEC's largest case to reach trial in years.

  • * Draghi says confident June measures will boost demand JACKSON HOLE, Wyo, Aug 22 (Reuters) - The European Central Bank is prepared to respond with all its "available" tools should inflation in the euro zone drop further, ECB President Mario Draghi said on Friday in remarks that opened the door to possible policy action …

  • American Securities LLC-backed auto parts maker Metaldyne Performance Group Inc filed with U.S. regulators for an initial public offering of its common shares. Merrill Lynch, Pierce, Fenner & Smith, Goldman ...

  • Goldman Sachs Group Inc will pay $3.15 billion to settle claims from the U.S. housing finance regulator that it sold bad mortgage-backed securities. Goldman said it would repurchase the securities sold ...

  • Canadian medical marijuana producer OrganiGram Inc is set to go public on Monday, its chief executive said, the second such firm to list on the venture exchange next week, highlighting investor appetite for a high-growth industry. OrganiGram and Bedrocan Cannabis Corp both plan to list on Aug. 25. The two firms, via reverse …

  • A new indictment against Ross Ulbricht, 30, filed late on Thursday in Manhattan federal court, added charges of narcotics trafficking, distribution of narcotics by means of the Internet, and conspiracy to traffic in fraudulent identification documents. The new charges came on top of four other counts previously asserted …

  • The state of Oregon sued Oracle America Inc. and six of its top executives Friday, accusing the software giant of fraud for failing to deliver a working website for the Affordable Care Act program. The 126-page lawsuit, filed in Marion County Circuit Court, claims that fraud, lying and "a pattern of racketeering" by Oracle …

  • Fitch Ratings on Friday downgraded Ukraine's local currency sovereign credit rating one notch to CCC from B-minus, citing an ongoing political transition and fighting with Russian-backed separatists for wreaking havoc on its economy. "Instability in the east and disputes with Russia are affecting the economy," Fitch said …

  • Packs of U.S. one hundred dollar billas are counted at a bank in Westminster, Colorado

    Wall Street and other stock markets paused on Friday, halting the week's strong gains, as worsening Ukraine tensions dogged trading, while the dollar rose after Federal Reserve Chair Janet Yellen said policymakers eyeing interest rate hikes need to move cautiously. Ukraine on Friday said Russia had launched a "direct invasion" …

  • U.S. Federal Reserve Chair Yellen speaks with European Central Bank President Draghi at the Jackson Hole Economic Policy Symposium in Jackson Hole

    The Federal Reserve should move cautiously in deciding when to raise interest rates given the U.S. In a speech at the Fed's annual central bank conference, Yellen laid out in detail why she feels the unemployment rate alone is inadequate to evaluate the strength of the jobs market and why the central bank needs to step …

  • Bank of Japan Governor Haruhiko Kuroda said on Friday that he expects an improving global economy will gradually boost Japanese exports. "Given the relatively good prospects of the world economy, ...

  • * Dollar rise lifts greenback index to 2014 high * Russia convoy enters Ukraine * Yellen urges caution on rates moves (Adds closing New York prices) By Michael Connor NEW YORK, Aug 22 (Reuters) - Wall Street and other stock markets paused on Friday, halting the week's strong gains, as worsening Ukraine tensions dogged trading, …

  • * TSX down 20.54 points, or 0.13 percent, at 15,535.55 * Three of 10 main index sectors decline * Energy shares slip with oil price (Adds details, quotes, updates prices) By John Tilak and Leah Schnurr TORONTO, Aug 22 (Reuters) - Canada's main stock index slipped on Friday, pulling back from another record high hit earlier …

  • Traders work on the floor of the New York Stock Exchange

    Stocks ended mostly lower on Friday as Ukraine-Russia tensions reignited and remarks from Federal Reserve Chair Janet Yellen failed to give investors any clues on interest rate hikes. The S&P 500 retreated from a record close it set on Thursday after Ukrainian officials said Russia had launched a "direct invasion" by sending …

  • * Yellen says Fed should be cautious in rate hike decision * NATO issues condemnation after Russian convoy enters Ukraine * Retail shares surge, lifted by Ross Stores earnings * Indexes: Dow and S&P off 0.2 percent, Nasdaq up 0.1 percent (Updates to close)

  • A further drop in European inflation would pose price stability risks and the European Central Bank would use "all the available instruments" in response, ECB President Mario Draghi said on Friday. "The governing council will acknowledge these developments and within its mandate will use all the available instruments needed …

  • The market saw little reaction to the other highly anticipated event of the day, a speech from Federal Reserve Chair Janet Yellen, which analysts said contained few surprises. Canada's annual inflation rate slipped to 2.1 percent in July, while retail sales rose 1.1 percent in June, making for the sixth straight month …

  • A small number of water samples taken near the site of a major spill at Imperial Metals Corp's Mount Polley mine have shown copper levels high enough to pose a risk to fish, British Columbia officials said on Friday, but the copper did not exceed drinking water guidelines. Two samples taken deep in Quesnel Lake on Aug. …

Next >>