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Rosy China growth forecasts fade on further signs of slowdown
ReutersBy Koh Gui Qing BEIJING, May 24 (Reuters) - As evidence mounts that China's economy is losing momentum, economists are fast abandoning their rosy recovery forecasts and bracing for what could be the country's slowest growth rate in 23 years. In the...Tags: ING Group, Bank of America Corp., National Government, Economy, Business and Finance, Finance
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European shares fall on weak data, possible pullback in US stimulus
Reuters* FTSEurofirst 300 down 2.1 percent at 1,229.58 * Bernanke spooks markets saying stimulus may end * Weak China, euro zone data adds to investor anxiety * Banks, miners top the fallers * Dividend concerns hit Halford By David Brett LONDON, May 23...Tags: HSBC Holdings plc, Ben Bernanke, China, United Utilities Plc, Economy, Business and Finance
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Signs of weakness mar UK economic growth
ReutersLONDON (Reuters) - Britain's better-than-expected economic growth in the first quarter turns out to have been boosted by a rise in inventories, while consumer spending was weak and investment fell, raising questions whether the nascent recovery will last....Tags: United Kingdom, European Union, Economic Indicator, Gross Domestic Product, Inventories
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EUROPE RESEARCH ROUNDUP: ARM Holdings, Anglo American, Statoil, Bayer
ReutersMay 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Anglo American, Bayer and Thomas Cook Group, on Thursday. HIGHLIGHTS * ARM Holdings PLC : Exane BNP Paribas cuts to neutral from...Tags: Stock Market, Citigroup Incorporated, Deutsche Bank AG, UBS AG, Mining
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Declaraciones de Bernanke sobre estímulo impulsan acciones europeas a máximos
ReutersPor Atul Prakash LONDRES, 22 mayo (Reuters) - Las acciones europeas alcanzaron el miércoles un nuevo máximo de cinco años sostenidas por comentarios del presidente de la Reserva Federal, que dijo que el banco central estadounidense mantendrá sus...Tags: ING Group, S&P 500
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MOVES-Rothschild, BNP Paribas, F&C Group, Nomura
ReutersMay 22 (Reuters) - The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email to moves@thomsonreuters.com. SOCIETE GENERALE France's No.2 bank said on Wednesday it was moving to...Tags: Credit Ratings, KPMG, Morgan Stanley Dean Witter & Company, Annual and Special Corporate Meetings, Money and Monetary Policy
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FOREX-Dollar stands tall after Bernanke comments; China PMI in focus
Reuters* Dollar index holds near three-year highs * Fed could step down bond-buying pace if economy continues to improve * HSBC's early report on China's factory sector next in focus By Ian Chua SYDNEY, May 23 (Reuters) - The dollar hovered at a near three-...Tags: HSBC Holdings plc, Ben Bernanke, China, Money and Monetary Policy, Economy, Business and Finance
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Bulgarian energy firm BEH to meet investors for 250 mln Euro bond
ReutersSOFIA, May 22 (Reuters) - Bulgaria's BEH, the state largest energy holding company, will meet with potential investors in its 250-million-euro ($321.81 million) bond issue in late July and early August, its chief executive said on Wednesday. BEH, which...Tags: Credit Ratings, Citigroup Incorporated, Nuclear Power, Economy, Business and Finance, Finance
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ANALYSIS-Rich country investors returning home
ReutersBy Natsuko Waki LONDON, May 22 (Reuters) - The world's biggest investors may be rethinking 20 years of boosting overseas holdings and are instead seeking more stable cash income at home, as aging societies and tighter regulation dull risk appetite. This...Tags: Insurance, Japan, Global Expansion, Credit Ratings, ING Group
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Analysis: Rich country investors returning home
ReutersLONDON (Reuters) - The world's biggest investors may be rethinking 20 years of boosting overseas holdings and are instead seeking more stable cash income at home, as aging societies and tighter regulation dull risk appetite. This heralds a structural...Tags: Global Expansion, Japan, Insurance, ING Group, Credit Ratings
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U.S. RESEARCH ROUNDUP: Bristol-Myers, BlackBerry, NetApp, Home Depot
ReutersMay 22 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Carnival Corp and Bristol-Myers, on Wednesday. HIGHLIGHTS * Bristol-Myers Squibb : Citigroup raises to buy from neutral *...Tags: Gulfport Energy Corporation, SunTrust Banks Incorporated, Analog Devices Incorporated, Integrated Device Technology Incorporated, Capital One Financial Corporation
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European shares rise on Bernanke stimulus comments
ReutersLONDON, May 22 (Reuters) - European equities climbed to a new five-year high on Wednesday after Federal Reserve Chairman Ben Bernanke said the central bank would retain its monetary stimulus measures until the economy improved. Analysts stayed positive...Tags: Ben Bernanke, Federal Reserve
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