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CANADA STOCKS-TSX may open lower on weak euro zone data
ReutersMay 16 (Reuters) - Canada's main stock index looked set to open lower as weak euro zone consumer inflation figures overshadowed positive data that showed Japan's economy grew faster than expected. TOP STORIES * Japan's economy expanded at a rapid clip...Tags: Central Bank, Thomson Corporation, Consumers, Glentel Incorporated, Land Price
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US high-grade bond market tone subdued after Merck jumbo trade
ReutersBy John Balassi NEW YORK, May 16 (IFR) - Market tone is relatively muted early on Thursday, despite the surprisingly better-than-expected first quarter GDP print from Japan that showed that the governments new inflation policies are beginning to kick in....Tags: Elections, JPMorgan Chase & Co., Politics, Consumers, Morgan Stanley Dean Witter & Company
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BRIEF-Wal Mart Stores-CEO: "frankly, we had a more difficult quarter than expected when we announced our guidance in February"
ReutersCHICAGO, May 16 (Reuters) - Wal-Mart Stores Inc : * CEO: "frankly, we had a more difficult quarter than expected when we announced our guidance in February" * CEO says believes walmart U.S. will deliver positive comps next quarter * CEO says Q1 ecommerce...Tags: Walmart, Corporate Officers
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Ganancia de Wal-Mart sube pese a debilidad de ventas en Estados Unidos
Reuters16 mayo (Reuters) - Wal-Mart Stores Inc reportó el jueves una mayor ganancia trimestral, pese a que sus ventas cayeron un 1,4 por ciento en las tiendas de Walmart estadounidenses abiertas al menos un año debido a un retraso en la devolución del...Tags: Walmart
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Wal-Mart profit up despite sales weakness in the United States
ReutersMay 16 (Reuters) - Wal-Mart Stores Inc posted a higher quarterly profit on Thursday even as sales fell 1.4 percent at its Walmart U.S. stores open at least a year because of a delay in income tax refund checks, cool weather, less grocery inflation than...Tags: Walmart
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BRIEF-Wal Mart down in premarket trading after results
ReutersNEW YORK, May 16 (Reuters) - Wal-Mart Stores Inc : * Shares down 1.8 percent in premarket trading after results -
The day ahead in business May 16
Reports: Initial jobless claims for week ended May 11, 7:30 a.m; Consumer price index for April, 7:30 a.m.; Housing starts/building permits for April, 7:30 a.m.; Philadelphia Fed survey for May, 9 a.m.; Mortgage rates for week ended May 16, 9 a.m.;...
Tags: Economic Indicator, Consumer Confidence, Petroleum Industry, Singapore Airlines, Kohl's Illinois, Inc.
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RPT-Global firms look past India weakness, bet on spending power
ReutersBy Tony Munroe and Rajesh Kumar Singh MUMBAI/NEW DELHI, May 16 (Reuters) - Global companies betting on India's potential as a consumer market are looking beyond the worst patch in a decade for Asia's third-largest economy and investing billions of...Tags: Credit Ratings, Vodafone Group Plc, Politics, Consumers, Investments
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U.S., European groups divided on how to improve Bangladesh factories
Reuters(Reuters) - A trans-Atlantic divide between European and U.S. retailers over how best to respond to fatal disasters in Bangladesh textile factories split wide open on Wednesday, with U.S. retailers claiming their European counterparts are giving labor...Tags: Arbitration, Abercrombie & Fitch Company, Politics, Tommy Hilfiger, Government
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U.S. retail group criticizes Bangladesh safety accord
Reuters(Reuters) - A major U.S. retail trade group on Wednesday spoke out against a Bangladesh fire and building safety accord agreed to by mostly European companies, saying that signing on would expose American companies to a legally questionable binding...Tags: Bangladesh, Hennes & Mauritz AB, Gap Inc., National Retail Federation
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Berkshire reveals CB&I stake, adds to Wells Fargo
Reuters(Reuters) - Warren Buffett's Berkshire Hathaway Inc on Wednesday revealed a new investment in Chicago Bridge & Iron Co and said it has added to its largest equity holding, Wells Fargo & Co. The changes were disclosed in a U.S. Securities and Exchange...Tags: US Bancorp (Delaware), Credit Ratings, American Express Company, National Oilwell Varco Inc., Science and Technology
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UPDATE 1-Berkshire reveals CB&I stake, adds to Wells Fargo
Reuters* Chicago Bridge & Iron rises after Berkshire takes stake * Wells Fargo stake grows to nearly $17 billion By Jonathan Stempel May 15 (Reuters) - Warren Buffett's Berkshire Hathaway Inc on Wednesday revealed a new investment in Chicago Bridge & Iron...Tags: US Bancorp (Delaware), Credit Ratings, National Oilwell Varco Inc., Science and Technology, Berkshire Hathaway Inc.
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