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Africa's hot bond market could overheat as U.S. funds pile in
ReutersBy Tim McLaughlin BOSTON, May 22 (Reuters) - U.S. investors searching desperately for higher yields are piling into Africa's emerging bond markets but may not be getting paid enough for the chaos and uncertainty still stalking sub-Saharan countries, some...Tags: Ghana, Credit Ratings, JPMorgan Chase & Co., Eaton Vance Corporation, Africa
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Best Buy sees investments squeezing near-term profits
Reuters(Reuters) - Best Buy Co Inc reported lackluster sales in the first quarter and warned that efforts to entice shoppers could squeeze profits in the near term. The news overshadowed its better-than-expected, first-quarter profit and sent shares of the...Tags: Amazon.com Inc., BB&T Corp., U.S. Senate, Corporate Officers, Groceries
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Europe oil probe seeks market abuse evidence in 2010-2013
ReutersLONDON (Reuters) - The European Commission is asking oil traders across the continent to provide evidence of market abuse to determine whether companies sought to manipulate prices reported to leading price-setting agency Platts. Authorities last week...Tags: BP Plc, Petroleum Industry, Money and Monetary Policy, Renewable Energy, Hungary
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COMMODITIES-Corn, wheat slump on record plantings; natgas spikes
Reuters* Corn, wheat prices set April lows as plantings surge * Oil, gold, copper slip on worries of Fed cutback * Gas rallies on demand for gas-driven air conditioning By Barani Krishnan NEW YORK, May 21 (Reuters) - Corn prices hit multi-week lows on Tuesday,...Tags: Petroleum Industry, Gold and Precious Material, Metal and Mineral, Energy Resources, Ben Bernanke
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Dimon clings to JPMorgan chairman title, after fight
ReutersTAMPA, Florida (Reuters) - Jamie Dimon, chairman and chief executive of JPMorgan Chase & Co took an unusual step to fight off investors seeking more oversight of his activities - he hinted he might quit. And it worked. At the bank's annual meeting on...Tags: Elections, Corporate Officers, JPMorgan Chase & Co., Pension and Welfare, Tampa
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AutoZone profit beats as long winter leads to more repairs
Reuters(Reuters) - AutoZone Inc , the largest U.S. auto parts retailer, reported a better-than-expected quarterly profit as U.S. customers undertook car repairs after a prolonged winter. The company, which faced weak demand a year ago as a warmer-than-usual...Tags: AutoZone Incorporated, Car Repair, Advance Auto Parts Incorporated, O'Reilly Automotive Incorporated, Car Parts
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Recuperación inmobiliaria impulsa resultados de Home Depot; eleva perspectiva
ReutersPor Dhanya Skariachan 21 mayo (Reuters) - Home Depot Inc reportó resultados trimestrales mejores a los esperados y elevó su perspectiva de ventas y ganancias para todo el año, ya que la cadena de artículos para la refacción del hogar más grande del...Tags: Lowe's Companies Inc., The Home Depot
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Housing recovery boosts Home Depot results; outlook raised
Reuters(Reuters) - Home Depot Inc reported higher-than-expected quarterly results and raised its sales and profit outlook for the year on Tuesday as the world's largest home improvement chain benefited from a nascent recovery in the U.S. housing market. The...Tags: Heavy Engineering, Quarterly or Semiannual Financial Statements, Home Improvement, Lowe's Companies Inc., Marketing
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JPMorgan's Dimon to remain chairman after vote: reports
ReutersTAMPA, Florida (Reuters) - JPMorgan Chase & Co's Jamie Dimon appears headed for a victory in a shareholder vote on whether he will keep his dual roles as chairman and chief executive of the largest U.S. bank, according to reports on Tuesday. A bitter,...Tags: Elections, Corporate Officers, JPMorgan Chase & Co., Finance, Shareholders
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CANADA STOCKS-TSX may open higher in catch up after long weekend
ReutersMay 21 (Reuters) - Canada's main stock index looked set to open slightly higher, catching up with gains in global equity markets following a Canadian long weekend, as investors cautiously awaited the release on Wednesday of minutes from the latest U.S....Tags: AutoZone Incorporated, Credit Ratings, Vodafone Group Plc, Canadian Imperial Bank of Commerce, Royal Bank of Canada
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Ganancias de tiendas Best Buy superan estimaciones pero incumplen ventas
Reuters21 mayo (Reuters) - Best Buy Co Inc reportó el martes ventas trimestrales más débiles de lo esperado y advirtió que una serie de inversiones diseñadas para recuperar a sus compradores podría afectar las ganancias en un futuro cercano. La noticia...Tags: Walmart, Best Buy Co., Inc.
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CORRECTED-(OFFICIAL)-Best Buy profit tops estimates; sales fall
Reuters(Corrects to show sales were weaker, not weaker than expected in first paragraph; and in headline, that sales fall) May 21 (Reuters) - Best Buy Co Inc reported weaker quarterly sales on Tuesday and warned that a slew of investments to win back shoppers...Tags: Best Buy Co., Inc.
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