Provides the latest RSS feeds for World Markets News. For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page Oregon Telegraph.com http://www.oregontelegraph.com/index.php/cat/da4df54c389ee3f7/ en-us Mon, 20 May 2013 17:33:40 -0400 Mon, 20 May 2013 17:33:40 -0400 30 WASHINGTON (MarketWatch) - Several senior White House staff members were aware last month that the Treasury inspector general was close to finishing an audit that had uncovered Internal Revenue Service targeting of conservative groups, White House spokesman Jay Carney said Monday. The staff members were alerted by White House chief lawyer Kathryn Ruemmler on April 24. Following the alert, there ... http://www.oregontelegraph.com/index.php/sid/214641670/scat/da4df54c389ee3f7 Mon, 20 May 2013 15:54:27 -0400 http://www.oregontelegraph.com/index.php/sid/214641670/scat/da4df54c389ee3f7 +2.31% will tell a Senate Homeland Security subcommittee on Tuesday that it does not use "tax gimmicks" and that its Irish arm "is not a shell company." ... http://www.oregontelegraph.com/index.php/sid/214642239/scat/da4df54c389ee3f7 Mon, 20 May 2013 15:54:27 -0400 http://www.oregontelegraph.com/index.php/sid/214642239/scat/da4df54c389ee3f7 +0.68% gaining 69 cents to end at $96.71 a barrel on the New York Mercantile Exchange. Weakness in the U.S. dollar and recent upbeat U.S. economic data provided support for oil prices, though concerns remain about ample U.S. stockpiles of ... http://www.oregontelegraph.com/index.php/sid/214642240/scat/da4df54c389ee3f7 Mon, 20 May 2013 15:54:26 -0400 http://www.oregontelegraph.com/index.php/sid/214642240/scat/da4df54c389ee3f7 economy to reach "escape velocity" next year. Earlier, the Dow climbed to an all-time intraday high at 15,391.84, while the S&P 500 edged up to a new intraday record high at 1,672.84. Both major indexes are up about 17 per cent for the year so far. The S&P 500 is up more than 1,000 points from March 2009 lows. Analysts say various benchmarks are battling key levels, which could ... http://www.oregontelegraph.com/index.php/sid/214641292/scat/da4df54c389ee3f7 Mon, 20 May 2013 15:48:15 -0400 http://www.oregontelegraph.com/index.php/sid/214641292/scat/da4df54c389ee3f7 Wall Street touched fresh records earlier in the day before giving up gains as investors await clues from the US Federal Reserve on its plans for maintaining stimulus measures. The minutes from the latest Fed's policy committee meeting are due on Wednesday, the same day that Fed Chairman Ben Bernanke will be giving testimony to Congress. In late afternoon trading in New York, the ... http://www.oregontelegraph.com/index.php/sid/214641282/scat/da4df54c389ee3f7 Mon, 20 May 2013 15:44:05 -0400 http://www.oregontelegraph.com/index.php/sid/214641282/scat/da4df54c389ee3f7 NASDAQ traded symbols and their current financial status. Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. S&P/Dow Jones Indices (SM) from Dow Jones & Company, Inc. SEHK intraday data is provided by SIX Financial Information and is at least 60-minutes delayed. All quotes are in local exchange ... http://www.oregontelegraph.com/index.php/sid/214641025/scat/da4df54c389ee3f7 Mon, 20 May 2013 14:47:07 -0400 http://www.oregontelegraph.com/index.php/sid/214641025/scat/da4df54c389ee3f7 WASHINGTON (MarketWatch) - There has been "good progress" in the labor market, but questions remain over whether the gains are sustainable, said Charles Evans, the president of the Chicago Federal Reserve Bank, Monday. "I think we need a little more time to assess that," Evans said in a speech to the CFA Society Chicago. His comments suggest that Evans is not willing to ... http://www.oregontelegraph.com/index.php/sid/214641026/scat/da4df54c389ee3f7 Mon, 20 May 2013 14:47:07 -0400 http://www.oregontelegraph.com/index.php/sid/214641026/scat/da4df54c389ee3f7 Slow Progress on GAAP and IFRS Convergence; Optionality for Impairments Increases Significant differences will remain between the GAAP and IFRS accounting standards in 2013, although cooperation and progress continues on some remaining joint projects, according to Fitch Ratings. The pipeline of new standards promises increasing commonality between the two platforms over coming years. Progress ... http://www.oregontelegraph.com/index.php/sid/214640887/scat/da4df54c389ee3f7 Mon, 20 May 2013 14:45:14 -0400 http://www.oregontelegraph.com/index.php/sid/214640887/scat/da4df54c389ee3f7 Mon May 20, 2013 2:18pm EDT * U.S. Fed has right monetary accommodation in place: Fed's Evans * Dow, S&P briefly hits new session highs * Yahoo's board approves $1.1 bln Tumblr acquisition * Indexes: Dow off 0.2 pct, S&P off 0.2 pct, Nasdaq 0.3 pct By Angela Moon NEW YORK, May 20 (Reuters) - U.S. stocks slipped by afternoon trade on Monday as indexes struggled to break above their record ... http://www.oregontelegraph.com/index.php/sid/214639855/scat/da4df54c389ee3f7 Mon, 20 May 2013 14:18:09 -0400 http://www.oregontelegraph.com/index.php/sid/214639855/scat/da4df54c389ee3f7 Since the financial meltdown in 2008, the Federal Reserve's range of powers have expanded, as have the kinds of financial institutions it monitors and regulates. Fed Chairman Ben Bernanke is now saying that the Fed's oversight has expanded beyond strictly financial institutions to wide swaths of the economy that might, in his words, provide evidence of "emerging ... http://www.oregontelegraph.com/index.php/sid/214638561/scat/da4df54c389ee3f7 Mon, 20 May 2013 14:01:04 -0400 http://www.oregontelegraph.com/index.php/sid/214638561/scat/da4df54c389ee3f7 NEW YORK (MarketWatch) -- SAC Capital, in a conference call on Monday, sought to reassure concerned employees following reports the government had subpoenaed founder Steve Cohen, according to CNBC. The call was to tell employees that the legal troubles around the firm were just media speculation. Employees were reminded that the investigation will soon be over and that it does not believe SAC ... http://www.oregontelegraph.com/index.php/sid/214639594/scat/da4df54c389ee3f7 Mon, 20 May 2013 13:33:46 -0400 http://www.oregontelegraph.com/index.php/sid/214639594/scat/da4df54c389ee3f7 US stocks rose slightly as acquisition activity gave support, but investors were hesitant to rush into the market with indexes hovering around record ... http://www.oregontelegraph.com/index.php/sid/214638530/scat/da4df54c389ee3f7 Mon, 20 May 2013 13:27:26 -0400 http://www.oregontelegraph.com/index.php/sid/214638530/scat/da4df54c389ee3f7 * Global equity markets continue to climb * Yen gains on minister's comments, rise seen temporary * Gold gains after longest losing streak in four years * Oil rebounds, rises above $105 a barrel (Updates prices, adds close of European stocks) By Herbert Lash NEW YORK, May 20 (Reuters) - Global equity markets resumed this year's rally on Monday, driven higher by a flurry of merger and ... http://www.oregontelegraph.com/index.php/sid/214638543/scat/da4df54c389ee3f7 Mon, 20 May 2013 12:55:28 -0400 http://www.oregontelegraph.com/index.php/sid/214638543/scat/da4df54c389ee3f7 The top trade and lobbying group for the securities industry on Monday snagged two ex-members of Congress for high-level jobs. Former senator Judd Gregg, a New Hampshire Republican, is the new CEO of ... http://www.oregontelegraph.com/index.php/sid/214637099/scat/da4df54c389ee3f7 Mon, 20 May 2013 12:36:21 -0400 http://www.oregontelegraph.com/index.php/sid/214637099/scat/da4df54c389ee3f7 The short-term average has been moving lower and the long-term average has been creeping up over the past few weeks as yields move higher. On Friday, the 50 day moving average was 1.82%, compared with 1.78% for the 200 day moving average. If history is any guide, hitting the death cross could lead to more bond buying, a sharp drop in yields and a correction in stock prices, according to Abigail ... http://www.oregontelegraph.com/index.php/sid/214637100/scat/da4df54c389ee3f7 Mon, 20 May 2013 12:34:53 -0400 http://www.oregontelegraph.com/index.php/sid/214637100/scat/da4df54c389ee3f7 Customers from more than 500 cities will be able to order from 20,000 local restaurants through the joint company. The companies said in a statement that the merger will allow them to pool technology and offer orders from an expanded list of restaurants in the U.S. and also in the U.K. For instance, Jonathan Zabusky, Seamless' CEO, said the merger would combine its popular iPad app with ... http://www.oregontelegraph.com/index.php/sid/214638215/scat/da4df54c389ee3f7 Mon, 20 May 2013 12:34:48 -0400 http://www.oregontelegraph.com/index.php/sid/214638215/scat/da4df54c389ee3f7 Mon May 20, 2013 12:31pm EDT (The following statement was released by the rating agency) LONDON, May 20 (Fitch) Fitch Ratings has upgraded National Bank of Greece's (NBG, 'B-'/Stable/'B'), Piraeus Bank's (Piraeus, 'B-'/Stable/'B'), Alpha Bank's (Alpha, 'B-'/Stable/'B') and Eurobank Ergasias' (Eurobank, ... http://www.oregontelegraph.com/index.php/sid/214638638/scat/da4df54c389ee3f7 Mon, 20 May 2013 12:31:00 -0400 http://www.oregontelegraph.com/index.php/sid/214638638/scat/da4df54c389ee3f7 +0.48% ended at the highest closing level since September 2000 on Monday, according to FactSet, boosted by banking shares and a rally for budget airliner EasyJet ... http://www.oregontelegraph.com/index.php/sid/214637149/scat/da4df54c389ee3f7 Mon, 20 May 2013 12:27:06 -0400 http://www.oregontelegraph.com/index.php/sid/214637149/scat/da4df54c389ee3f7 Deals including Yahoo's $1.1 billion bid for Tumblr indicate that companies continue to search for growth through acquisitions despite record highs, a bullish sign for ... http://www.oregontelegraph.com/index.php/sid/214635613/scat/da4df54c389ee3f7 Mon, 20 May 2013 11:40:53 -0400 http://www.oregontelegraph.com/index.php/sid/214635613/scat/da4df54c389ee3f7 Stock markets in Shanghai and Shenzhen carried their recent winning-streak into Monday as Wall Street's rising tide buoyed most A-shares.The benchmark Shanghai Composite Index added 0.75 percent, or 17.12 points, to close at 2,299.99; while the Shenzhen Component Index added 0.66 percent, or 60.87 points, to finish at 9,307.15.The gains came after upbeat US economic data lifted the Dow Jones ... http://www.oregontelegraph.com/index.php/sid/214635616/scat/da4df54c389ee3f7 Mon, 20 May 2013 11:39:19 -0400 http://www.oregontelegraph.com/index.php/sid/214635616/scat/da4df54c389ee3f7 Federal Reserve Chairmen Ben Bernanke As the markets reach new highs, and scandal dominates the nation's capitol, I am compelled to examine the still unresolved challenges about whether our 100 year old central bank- the Federal Reserve- will be capable of warding off another potential systemic financial crisis like the one that almost toppled the economy in 2008. And secondarily, whether ... http://www.oregontelegraph.com/index.php/sid/214635663/scat/da4df54c389ee3f7 Mon, 20 May 2013 11:38:58 -0400 http://www.oregontelegraph.com/index.php/sid/214635663/scat/da4df54c389ee3f7 CNBC's Jim Cramer explains why Yahoo is "desperate' to become part of the technical "firmament." Stocks were narrowly mixed Monday, as investors seemed to take a breather after major averages finished higher for the fourth-consecutive week and amid ongoing concerns ... http://www.oregontelegraph.com/index.php/sid/214635620/scat/da4df54c389ee3f7 Mon, 20 May 2013 11:31:24 -0400 http://www.oregontelegraph.com/index.php/sid/214635620/scat/da4df54c389ee3f7 +0.22% has voted to strip Chief Executive Jamie Dimon of the dual titles of chairman and CEO, said a report in Bloomberg. CalPers, which owns nearly 13 million shares of the firm, has vote for the proxy proposal ahead of the annual shareholder meeting on Tuesday, said the report. This is just the latest blow to the CEO, after three major shareholders filed the proxy proposal citing the firm needs ... http://www.oregontelegraph.com/index.php/sid/214636618/scat/da4df54c389ee3f7 Mon, 20 May 2013 11:23:17 -0400 http://www.oregontelegraph.com/index.php/sid/214636618/scat/da4df54c389ee3f7 Mon May 20, 2013 11:07am EDT * Yahoo's board approves $1.1 bln Tumblr acquisition * Plains Exploration stocks up as Freeport sweetens deal * Actavis to acquire Warner Chilcott in stock-for-stock deal * Dow off 0.04 pct, S&P up 0.01 pct, Nasdaq up 0.01 pct By Leah Schnurr NEW YORK, May 20 (Reuters) - U.S. stocks were little changed on Monday as acquisition activity gave support but investors ... http://www.oregontelegraph.com/index.php/sid/214637101/scat/da4df54c389ee3f7 Mon, 20 May 2013 11:07:36 -0400 http://www.oregontelegraph.com/index.php/sid/214637101/scat/da4df54c389ee3f7 U.S. stocks dipped in early trading on Monday, with investors scrambling for catalysts after major U.S. equity indexes closed a fourth consecutive week of gains Friday.Deals including Yahoo Inc.'s $1.1-billion (U.S.) bid for Tumblr indicate that companies continue to search for growth through acquisitions despite record highs, a bullish sign for ... http://www.oregontelegraph.com/index.php/sid/214634218/scat/da4df54c389ee3f7 Mon, 20 May 2013 10:45:03 -0400 http://www.oregontelegraph.com/index.php/sid/214634218/scat/da4df54c389ee3f7 NEW YORK -- Stocks are opening slightly lower on Wall Street as the stock market comes off of four straight weeks of gains.The Dow Jones industrial average fell 21 points to 15,332 shortly after the opening bell Monday, a loss of 0.1 percent.The Standard & Poor's 500 index was off a point at 1,665, or 0.1 percent. The Nasdaq composite fell less than a point to 3,498, or less than 0.1 ... http://www.oregontelegraph.com/index.php/sid/214634222/scat/da4df54c389ee3f7 Mon, 20 May 2013 10:39:35 -0400 http://www.oregontelegraph.com/index.php/sid/214634222/scat/da4df54c389ee3f7 Bernanke's testimony on economic outlook "will be the highlight in a week where we may learn more about the Fed's intentions with regards to potential [quantitative easing] tapering," said Deutsche Bank analyst Jim Reid. Also on merger ... http://www.oregontelegraph.com/index.php/sid/214634237/scat/da4df54c389ee3f7 Mon, 20 May 2013 10:27:39 -0400 http://www.oregontelegraph.com/index.php/sid/214634237/scat/da4df54c389ee3f7 +0.81% $1.1 billion acquisition of blogging service Tumblr took the spotlight in early tech sector action Monday. Yahoo's shares gave up 15 cents to slip to $26.45 after the deal was announced. Among other leading tech stocks, small advances came from Apple ... http://www.oregontelegraph.com/index.php/sid/214635188/scat/da4df54c389ee3f7 Mon, 20 May 2013 10:19:51 -0400 http://www.oregontelegraph.com/index.php/sid/214635188/scat/da4df54c389ee3f7 NEW YORK (MarketWatch) -- U.S. stocks opened slightly lower on Monday after surging to record highs last week, as deal news dominated investor attention after Yahoo ... http://www.oregontelegraph.com/index.php/sid/214635202/scat/da4df54c389ee3f7 Mon, 20 May 2013 10:19:50 -0400 http://www.oregontelegraph.com/index.php/sid/214635202/scat/da4df54c389ee3f7 Financials: June Bonds are currently 16 higher at 144'15 and the 10 Yr. Notes 6.5 higher at 132'02.0. For the moment we are looking at the Bonds as a trading affair between 143'00 and 146'00. On Friday we sold the July Bond 141'00/147'00 strangle at 68 points which is currently trading at 66 points. Keep in mind that the July option is based on the price of Sept. ... http://www.oregontelegraph.com/index.php/sid/214635203/scat/da4df54c389ee3f7 Mon, 20 May 2013 10:19:13 -0400 http://www.oregontelegraph.com/index.php/sid/214635203/scat/da4df54c389ee3f7 Although inflation-indexed bonds prove beneficial during times of high inflation, they underperform when the economy goes through a deflationary ... http://www.oregontelegraph.com/index.php/sid/214634319/scat/da4df54c389ee3f7 Mon, 20 May 2013 10:14:18 -0400 http://www.oregontelegraph.com/index.php/sid/214634319/scat/da4df54c389ee3f7 Vodacom is paying back 90% of headline earnings per share to shareholders as dividends, says CFO Ivan Dittrich. JSE-listed Vodacom has maintained its policy of paying out 90% of headline earnings to shares in dividends to shareholders for the year to February. The group, which this morning published its results for the year to March, reported group revenue up 4.5% to R70 billion, ... http://www.oregontelegraph.com/index.php/sid/214633976/scat/da4df54c389ee3f7 Mon, 20 May 2013 09:34:53 -0400 http://www.oregontelegraph.com/index.php/sid/214633976/scat/da4df54c389ee3f7 retail strategy, EMEA, at JDA Software, who notes that local retailers are observing the transition that has taken place in more mature markets; learning from what has worked, avoiding costly mistakes, and shaping this into a strategic roadmap that can create a true ... http://www.oregontelegraph.com/index.php/sid/214633936/scat/da4df54c389ee3f7 Mon, 20 May 2013 09:34:52 -0400 http://www.oregontelegraph.com/index.php/sid/214633936/scat/da4df54c389ee3f7 bonds . Most investors view stocks as riskier than bonds because they fluctuate more and, in the short-term, Estrada´s research clearly suggests this is the case too. But, as Estrada points out, long term risk - something Buffett focuses on - should also be considered when assessing these two assets. After all, individuals are often saving for retirement, which can be several decades ... http://www.oregontelegraph.com/index.php/sid/214633121/scat/da4df54c389ee3f7 Mon, 20 May 2013 09:32:57 -0400 http://www.oregontelegraph.com/index.php/sid/214633121/scat/da4df54c389ee3f7 Insight on the market action, with Mark Luschini, Janney Montgomery Scott; Dan Veru|Palisades Capital Management; Peter Costa, Empire Executions; and Andrew Keene, Keene on the Markets. Stocks closed out the week with strong gains, with the Dow and S&P 500 hitting fresh highs and all three major averages logging their fourth-straight weekly advance, boosted by a pair of positive economic ... http://www.oregontelegraph.com/index.php/sid/214633075/scat/da4df54c389ee3f7 Mon, 20 May 2013 09:25:36 -0400 http://www.oregontelegraph.com/index.php/sid/214633075/scat/da4df54c389ee3f7 Set aside for a moment what you think you know about the garment factories in Bangladesh: grimy, sweaty, children sitting in dimly lit, sweltering rooms sewing shirts you buy at your box store for ... http://www.oregontelegraph.com/index.php/sid/214633468/scat/da4df54c389ee3f7 Mon, 20 May 2013 09:21:59 -0400 http://www.oregontelegraph.com/index.php/sid/214633468/scat/da4df54c389ee3f7 Mon May 20, 2013 9:17am EDT * Yahoo's board approves $1.1 bln Tumblr acquisition * Freeport sweetens Plains Exploration deal * Actavis to acquire Warner Chilcott in stock-for-stock deal * Futures off: Dow 20 pts, S&P 2 pt, Nasdaq 4.75 pts By Rodrigo Campos NEW YORK, May 20 (Reuters) - U.S. stocks were set to dip at the open on Monday as investors search for catalysts after major U.S. equity ... http://www.oregontelegraph.com/index.php/sid/214634240/scat/da4df54c389ee3f7 Mon, 20 May 2013 09:17:04 -0400 http://www.oregontelegraph.com/index.php/sid/214634240/scat/da4df54c389ee3f7 NEW YORK (MarketWatch) -- Treasury prices moved higher Monday ahead of a speech by Chicago Federal Reserve President Charles Evans at 1 p.m., which kicks off a week full of Fed speakers. The 10-year ... http://www.oregontelegraph.com/index.php/sid/214633620/scat/da4df54c389ee3f7 Mon, 20 May 2013 09:16:51 -0400 http://www.oregontelegraph.com/index.php/sid/214633620/scat/da4df54c389ee3f7 NEW YORK (MarketWatch) -- Shares of Qihoo 360 Technology [S: QIHU] traded 13% higher in premarket action Monday after the Chinese Internet company reported first-quarter earnings of 14 cents a share and revenue of $109.9 million, both ahead of Wall Street's forecasts. Qihoo, which provides security software, a Web browser and Internet search, said it expects second-quarter revenue of $142 ... http://www.oregontelegraph.com/index.php/sid/214633983/scat/da4df54c389ee3f7 Mon, 20 May 2013 09:16:51 -0400 http://www.oregontelegraph.com/index.php/sid/214633983/scat/da4df54c389ee3f7 terms of use . Historical and current end-of-day data provided by SIX Financial Information. Intraday data delayed per exchange requirements. S&P/Dow Jones Indices (SM) from Dow Jones & Company, Inc. All quotes are in local exchange time. Real time last sale data provided by NASDAQ. More information ... http://www.oregontelegraph.com/index.php/sid/214633149/scat/da4df54c389ee3f7 Mon, 20 May 2013 09:16:50 -0400 http://www.oregontelegraph.com/index.php/sid/214633149/scat/da4df54c389ee3f7 WASHINGTON (MarketWatch) -- The Chicago Fed's national activity index worsened in April, falling to negative 0.53 from negative 0.23 in March. The three-month moving average meanwhile was at negative 0.04 from negative 0.05 in March. The three-month average of the index, which is a weighted average of 85 different economic indicators, is designed so that a zero reading equals trend growth ... http://www.oregontelegraph.com/index.php/sid/214633621/scat/da4df54c389ee3f7 Mon, 20 May 2013 09:16:50 -0400 http://www.oregontelegraph.com/index.php/sid/214633621/scat/da4df54c389ee3f7 -0.23% said on Monday it will acquire Tumblr for around $1.1 billion. "Per the agreement and our promise not to screw it up, Tumblr will be independently operated as a separate business," Yahoo said in a statement released Monday. David Karp will remain CEO of Tumblr. The Wall Street Journal and other media had reported over the weekend that Yahoo had agreed to buy Tumblr. Tumblr has ... http://www.oregontelegraph.com/index.php/sid/214633967/scat/da4df54c389ee3f7 Mon, 20 May 2013 09:16:49 -0400 http://www.oregontelegraph.com/index.php/sid/214633967/scat/da4df54c389ee3f7 -0.46% reported its third-quarter profit rose to $181 million, or 57 cents a share, from $177 million, or 55 cents a share, a year earlier. Adjusted earnings per share were at 62 cents per share, compared with 56 cents per share a year earlier. Revenue rose to $2.09 billion, from $1.82 billion a year earlier, the food company said Monday. Analysts had expected earnings of 56 cents a share on ... http://www.oregontelegraph.com/index.php/sid/214633087/scat/da4df54c389ee3f7 Mon, 20 May 2013 09:16:48 -0400 http://www.oregontelegraph.com/index.php/sid/214633087/scat/da4df54c389ee3f7 WASHINGTON (MarketWatch) - The Federal Reserve can only slow the pace of its mortgage-backed securities, as a sudden stop would be "too violent" for the market, said Richard Fisher, the president of the Dallas Federal Reserve Bank on Monday. The Fed is buying $85 billion of Treasury and MBS per month. In an interview on CNBC, Fisher said he would have voted to start tapering the ... http://www.oregontelegraph.com/index.php/sid/214633984/scat/da4df54c389ee3f7 Mon, 20 May 2013 09:16:47 -0400 http://www.oregontelegraph.com/index.php/sid/214633984/scat/da4df54c389ee3f7 +1.91% named Robert Douglas Lawler chief executive officer effective June 17, the company said Monday. News of Lawler's selection was reported earlier Monday ... http://www.oregontelegraph.com/index.php/sid/214633243/scat/da4df54c389ee3f7 Mon, 20 May 2013 09:16:46 -0400 http://www.oregontelegraph.com/index.php/sid/214633243/scat/da4df54c389ee3f7 LAGOS | Mon May 20, 2013 8:41am EDT LAGOS May 20 (Reuters) - Nigeria's state-owned AMCON plans to retire 2 trillion naira worth of its 5.7 trillion naira of bonds this year and next from bad loan recoveries and refinance what's left with the central bank, the "bad bank" said on Monday. Asset Management Company of Nigeria (AMCON) said it had made "great progress" ... http://www.oregontelegraph.com/index.php/sid/214633344/scat/da4df54c389ee3f7 Mon, 20 May 2013 08:41:37 -0400 http://www.oregontelegraph.com/index.php/sid/214633344/scat/da4df54c389ee3f7 Quote ) Monday announced a definitive agreement for Actavis to acquire Warner Chilcott in a stock-for-stock transaction valued at $8.5 billion to create a leading global specialty pharmaceutical company.Media reports had indicated last week that Parsippany, New Jersey-based Actavis spurned a $15 billion cash and stock acquisition offer from rival Mylan, Inc. (MYL), and instead decided to pursue a ... http://www.oregontelegraph.com/index.php/sid/214632045/scat/da4df54c389ee3f7 Mon, 20 May 2013 08:39:12 -0400 http://www.oregontelegraph.com/index.php/sid/214632045/scat/da4df54c389ee3f7 Dimon's day of reckoning but shareholders are hoping to also get a chance to grill the board . "The board needs to show us that they are more than just a rubber stamp on what Jamie Dimon wants," said Michael Mayo, a bank analyst at CLSA. "Shareholders have one chance each year to ask them questions." Critics say that the board failed to properly monitor risk-taking ... http://www.oregontelegraph.com/index.php/sid/214631956/scat/da4df54c389ee3f7 Mon, 20 May 2013 08:25:43 -0400 http://www.oregontelegraph.com/index.php/sid/214631956/scat/da4df54c389ee3f7 Danone has struck two deals with the China Mengniu Dairy Company in a bid to take advantage of surging demand for internationally-branded milk and ... http://www.oregontelegraph.com/index.php/sid/214631955/scat/da4df54c389ee3f7 Mon, 20 May 2013 08:25:43 -0400 http://www.oregontelegraph.com/index.php/sid/214631955/scat/da4df54c389ee3f7 Mon May 20, 2013 8:05am EDT May 20 (Reuters) - (The following statement was released by the rating agency) Fitch Ratings has affirmed Derby Healthcare PLC's (DHC) GBP446.6m bonds, maturing in 2041, at 'BBB'. The Outlook is Stable. The affirmation reflects the stable operational performance to date. DHC benefits from a strong pass-through of concession risks to a group of ... http://www.oregontelegraph.com/index.php/sid/214632801/scat/da4df54c389ee3f7 Mon, 20 May 2013 07:57:52 -0400 http://www.oregontelegraph.com/index.php/sid/214632801/scat/da4df54c389ee3f7 People under umbrellas walk by an electronic stock board of a securities firm in Tokyo, Monday, May 20, 2013. Japan's Nikkei 225 index jumped 1.4 percent to 15,352.84 as evidence of a steady economic recovery in the U.S. helped push Asian stock markets higher Monday. (Koji ... http://www.oregontelegraph.com/index.php/sid/214630863/scat/da4df54c389ee3f7 Mon, 20 May 2013 07:42:58 -0400 http://www.oregontelegraph.com/index.php/sid/214630863/scat/da4df54c389ee3f7 Trading in the major U.S. index futures suggest a cautious start by Wall Street stocks on Monday following their record run in the previous weeks. Earlier in the global trading day, armed with optimism concerning the ... http://www.oregontelegraph.com/index.php/sid/214630848/scat/da4df54c389ee3f7 Mon, 20 May 2013 07:40:23 -0400 http://www.oregontelegraph.com/index.php/sid/214630848/scat/da4df54c389ee3f7 +0.82% $6.5 billion in dividends and another $4.5 billion in special dividends in 2013, GE announced Monday. The payments, which are subject to GECC Board and GE Board Risk Committee approvals, are planned at 30% of GECC's total 2013 earnings. "This announcement is consistent with our goal to reduce the overall size of GE Capital and for it to return significant cash to GE," said ... http://www.oregontelegraph.com/index.php/sid/214631655/scat/da4df54c389ee3f7 Mon, 20 May 2013 07:19:35 -0400 http://www.oregontelegraph.com/index.php/sid/214631655/scat/da4df54c389ee3f7 California's Fiscally Disciplined Budget Positive Fitch Ratings views California's fiscal 2014 budget as continuing the disciplined approach to fiscal management shown by the state in recent years. California's economic outlook cautiously forecasts that the expiration of the federal payroll tax holiday and federal sequestration cuts will have a modestly negative impact on personal ... http://www.oregontelegraph.com/index.php/sid/214631656/scat/da4df54c389ee3f7 Mon, 20 May 2013 07:17:52 -0400 http://www.oregontelegraph.com/index.php/sid/214631656/scat/da4df54c389ee3f7 Islamic bonds to fund projects and said the issue would be the first of a series of sales over the next 12 months. The Riyadh-based company appointed Bank Al Khair, Goldman Sachs, Deutsche Bank, Emirates NBD Capital, Masraf Al Rayan and Qinvest to manage the issue, it said in a statement to the Saudi bourse on Monday. Dar Al Arkan plans to sell benchmark-sized, five-year notes that may be priced ... http://www.oregontelegraph.com/index.php/sid/214630527/scat/da4df54c389ee3f7 Mon, 20 May 2013 06:46:29 -0400 http://www.oregontelegraph.com/index.php/sid/214630527/scat/da4df54c389ee3f7 climbed to levels not seen since the start of the financial crisis over five and a half-years ago. Investors are increasingly cheered by signs that the global economy is recovering. The Japanese Cabinet office helped this latest outbreak of bullishness by predicting overnight that the Japanese economy is picking up slowly. In its new monthly report, it ... http://www.oregontelegraph.com/index.php/sid/214629250/scat/da4df54c389ee3f7 Mon, 20 May 2013 06:38:45 -0400 http://www.oregontelegraph.com/index.php/sid/214629250/scat/da4df54c389ee3f7 Aubrey McClendon , who was ousted from the second-biggest natural-gas producer in the U.S. in April. Petroleum engineer Lawler was senior vice president of international and deep-water operations at ... http://www.oregontelegraph.com/index.php/sid/214630392/scat/da4df54c389ee3f7 Mon, 20 May 2013 06:22:53 -0400 http://www.oregontelegraph.com/index.php/sid/214630392/scat/da4df54c389ee3f7 The financial crisis has changed the attitudes and practices of European institutional investors with a notable shift away from equities and towards fixed income and cash, according to a survey supported by Invesco. The 2009 European Institutional Asset Management ... http://www.oregontelegraph.com/index.php/sid/214629863/scat/da4df54c389ee3f7 Mon, 20 May 2013 06:11:05 -0400 http://www.oregontelegraph.com/index.php/sid/214629863/scat/da4df54c389ee3f7 Data provides a better growth opportunity than voice, says Vodacom CFO Ivan Dittrich. JSE-listed Vodacom sees data offering superior growth opportunities in the future, as the use of voice slows and will need to be offset by data gains, which offers higher margins. The company this morning reported its results for the year to March and said group revenue gained 4.5%, to R70billion. However, ... http://www.oregontelegraph.com/index.php/sid/214629020/scat/da4df54c389ee3f7 Mon, 20 May 2013 05:43:24 -0400 http://www.oregontelegraph.com/index.php/sid/214629020/scat/da4df54c389ee3f7 U.S. investors were unwilling to make big bets early Monday after four weeks of stock market gains, but Yahoo could stir things up later with news of a deal to buy blogging site ... http://www.oregontelegraph.com/index.php/sid/214629026/scat/da4df54c389ee3f7 Mon, 20 May 2013 05:34:36 -0400 http://www.oregontelegraph.com/index.php/sid/214629026/scat/da4df54c389ee3f7 Tesla Motors doesn't want to sell its cars the way every other car company does, and that's making a lot of traditional automobile dealers mad. And those dealers are fighting ... http://www.oregontelegraph.com/index.php/sid/214628434/scat/da4df54c389ee3f7 Mon, 20 May 2013 05:34:32 -0400 http://www.oregontelegraph.com/index.php/sid/214628434/scat/da4df54c389ee3f7 Vodacom's almost R10 billion capital spending in the past year has aided its margins, despite comprehensive price reductions, says CEO Shameel Joosub. Vodacom, SA's largest cellphone company, with about half the market, has invested R9.5billion across all its operations in the past year alone, taking the total spending in the last five years to R38billion. The group this morning said ... http://www.oregontelegraph.com/index.php/sid/214628003/scat/da4df54c389ee3f7 Mon, 20 May 2013 04:48:42 -0400 http://www.oregontelegraph.com/index.php/sid/214628003/scat/da4df54c389ee3f7 Yahoo's board has approved a deal to buy blogging and social networking site Tumblr for $1.1billion in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday. Such an acquisition would be Marissa Mayer's largest deal since taking the helm of the once-iconic Internet company in July 2012. Yahoo is keen on fast-growing Tumblr because its younger user base ... http://www.oregontelegraph.com/index.php/sid/214628013/scat/da4df54c389ee3f7 Mon, 20 May 2013 04:48:38 -0400 http://www.oregontelegraph.com/index.php/sid/214628013/scat/da4df54c389ee3f7 -0.65% was upgraded to buy from neutral by Goldman Sachs, which also lifted its 12-month price target to $44 from $38 per share. "Over the next several years, we see Abbott developing into the fastest-growing large-cap company under coverage with the most potential for margin expansion," said Goldman Sachs's David Roman and Chris Hammond in a note dated May 19. They said they had ... http://www.oregontelegraph.com/index.php/sid/214628014/scat/da4df54c389ee3f7 Mon, 20 May 2013 04:31:25 -0400 http://www.oregontelegraph.com/index.php/sid/214628014/scat/da4df54c389ee3f7 HONG KONG (MarketWatch) -- North Korea on Monday fired another short-range missile into the Sea of Japan, its fifth such move in three days, according to an AFP report. A spokesman for the South Korean Joint Chiefs of Staff reportedly confirmed the latest firing, adding that it was unclear whether Pyongyang was testing guided missiles or rockets from multiple launchers. "We are still ... http://www.oregontelegraph.com/index.php/sid/214627298/scat/da4df54c389ee3f7 Mon, 20 May 2013 04:31:24 -0400 http://www.oregontelegraph.com/index.php/sid/214627298/scat/da4df54c389ee3f7 Obama will address the U.S. secret drone program's legality and his pledge to shut the Guantanamo Bay detention camp, a White House official said. Obama will address them in a speech Thursday at the Defense Department's National Defense University in Washington -- a speech that will focus on how he intends to bring his counter-terrorism policies in line with the legal structure and ... http://www.oregontelegraph.com/index.php/sid/214627508/scat/da4df54c389ee3f7 Mon, 20 May 2013 04:23:12 -0400 http://www.oregontelegraph.com/index.php/sid/214627508/scat/da4df54c389ee3f7 A new financial website, InvestinginbondsEurope.org, has been launched to offer retail investors free access to comprehensive, non-commercial and unbiased education, by the Securities Industry and Financial Markets Association (SIFMA). The site, which is the first of its kind, provides fixed income market information in English, German, French, Italian and Spanish in a pan-European ... http://www.oregontelegraph.com/index.php/sid/214628016/scat/da4df54c389ee3f7 Mon, 20 May 2013 04:22:17 -0400 http://www.oregontelegraph.com/index.php/sid/214628016/scat/da4df54c389ee3f7 A Dinaledi schools grant expenditure report for the third quarter of 2012/13 shows an overall under-expenditure of R19.2 million. An expenditure report on the Dinaledi schools grant, for the third quarter of 2012/13, shows eight of the nine provinces underspent in terms of their allocated funds. Of an overall budget of R105.4million, spending was R86.2million, resulting in a total expenditure ... http://www.oregontelegraph.com/index.php/sid/214626608/scat/da4df54c389ee3f7 Mon, 20 May 2013 03:54:22 -0400 http://www.oregontelegraph.com/index.php/sid/214626608/scat/da4df54c389ee3f7 LONDON (MarketWatch) -- European stock markets on Monday tracked another record close for U.S. stocks last week and an overnight rally in Asia, with banks leading most indexes higher. The Stoxx Europe 600 ... http://www.oregontelegraph.com/index.php/sid/214626176/scat/da4df54c389ee3f7 Mon, 20 May 2013 03:38:42 -0400 http://www.oregontelegraph.com/index.php/sid/214626176/scat/da4df54c389ee3f7 California's Fiscally Disciplined Budget Positive Fitch Ratings views California's fiscal 2014 budget as continuing the disciplined approach to fiscal management shown by the state in recent years. California's economic outlook cautiously forecasts that the expiration of the federal payroll tax holiday and federal sequestration cuts will have a modestly negative impact on personal ... http://www.oregontelegraph.com/index.php/sid/214626073/scat/da4df54c389ee3f7 Mon, 20 May 2013 03:36:57 -0400 http://www.oregontelegraph.com/index.php/sid/214626073/scat/da4df54c389ee3f7 Mon May 20, 2013 4:22am EDT * MSCI world equities highest since 2008 * Dollar index slips from 34-month high * Demand growth outlook seen moderating, supply ample * Coming Up: U.S. national activity index at 1230 GMT (Updates throughout, previous CHENNAI, India) By Christopher Johnson LONDON, May 20 (Reuters) - Brent crude oil held above $104 per barrel on Monday, supported by strong equity ... http://www.oregontelegraph.com/index.php/sid/214628012/scat/da4df54c389ee3f7 Mon, 20 May 2013 03:01:57 -0400 http://www.oregontelegraph.com/index.php/sid/214628012/scat/da4df54c389ee3f7 Mon May 20, 2013 2:52am EDT (Adds details, comments) SYDNEY May 20 (Reuters) - Australian shares finished the session 0.5 percent higher on Monday, underpinned by a broad rally as upbeat economic data propelled Wall Street to record highs. Stocks with a large exposure to the U.S. gained on the weaker Australian dollar. The Australian dollar steadied after reaching multi-month lows against the ... http://www.oregontelegraph.com/index.php/sid/214626063/scat/da4df54c389ee3f7 Mon, 20 May 2013 02:52:23 -0400 http://www.oregontelegraph.com/index.php/sid/214626063/scat/da4df54c389ee3f7 Property prices continued to rise last month in China, defying policymakers who have sought to cool the housing market while preserving robust economic ... http://www.oregontelegraph.com/index.php/sid/214625864/scat/da4df54c389ee3f7 Mon, 20 May 2013 02:51:51 -0400 http://www.oregontelegraph.com/index.php/sid/214625864/scat/da4df54c389ee3f7 The dollar remains strong overall. However, the foreign currencies mounted a marginal recovery in the Far East after sliding on Friday. The yen remains near a 4 1/-year low and the Aussie is trading close to an eleven-month low. Most Asian stock indexes advanced, with Japan and Hong Kong in the lead. The short-term outlook for most foreign currencies is sideways. The medium-term outlook for most ... http://www.oregontelegraph.com/index.php/sid/214625862/scat/da4df54c389ee3f7 Mon, 20 May 2013 02:44:34 -0400 http://www.oregontelegraph.com/index.php/sid/214625862/scat/da4df54c389ee3f7 With no political deal in Washington on raising the U.S. debt limit just days before a crucial deadline, investors are increasingly worried about a downgrade of the country's top-notch credit rating, or even an actual governmnent debt default. The U.S. Treasury Department has said the Congress must act before Aug.2 to avoid a catostropic default. With the dealine drawing close fast,political ... http://www.oregontelegraph.com/index.php/sid/214625075/scat/da4df54c389ee3f7 Mon, 20 May 2013 02:31:14 -0400 http://www.oregontelegraph.com/index.php/sid/214625075/scat/da4df54c389ee3f7 Mon May 20, 2013 2:06am EDT * Dollar slips from Friday's 4-1/2 year high vs yen * Asian shares firmer after Friday's Wall Street rally * MSCI Asia Pacific ex-Japan rises 0.9 percent By Masayuki Kitano SINGAPORE, May 20 (Reuters) - The yen edged higher on Monday after Japan's economics minister said further weakness in the yen could harm households, while Asian shares rose in response ... http://www.oregontelegraph.com/index.php/sid/214625083/scat/da4df54c389ee3f7 Mon, 20 May 2013 02:06:18 -0400 http://www.oregontelegraph.com/index.php/sid/214625083/scat/da4df54c389ee3f7 Property prices continued to rise last month in China, defying policymakers who have sought to cool the housing market while preserving robust economic ... http://www.oregontelegraph.com/index.php/sid/214624546/scat/da4df54c389ee3f7 Mon, 20 May 2013 02:00:27 -0400 http://www.oregontelegraph.com/index.php/sid/214624546/scat/da4df54c389ee3f7 Global market sentiment: US equities rose further and the US dollar got stronger. Partly explaining the strength was economic data, consumer confidence and leading indicators both stronger than expected. The S&P500 closed up 1.0% at a fresh record high, while the CRB commodities index closed 0.4% ... http://www.oregontelegraph.com/index.php/sid/214624513/scat/da4df54c389ee3f7 Mon, 20 May 2013 01:51:49 -0400 http://www.oregontelegraph.com/index.php/sid/214624513/scat/da4df54c389ee3f7 Mon May 20, 2013 1:38am EDT May 20 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * New York's top financial regulator subpoenaed a handful of Wall Street investment firms about their entries into a corner of the insurance industry that guarantees steady payments to hundreds of thousands ... http://www.oregontelegraph.com/index.php/sid/214625070/scat/da4df54c389ee3f7 Mon, 20 May 2013 01:38:00 -0400 http://www.oregontelegraph.com/index.php/sid/214625070/scat/da4df54c389ee3f7 MUMBAI | Mon May 20, 2013 1:29am EDT MUMBAI May 20 (Reuters) - India's National Housing Bank has invited bids on Monday to raise up to 5 billion rupees ($91.23 million) via 60-month bonds, a termsheet showed. The base size of the issue is 2.5 billion rupees. ($1 = 54.8050 Indian rupees) (Reporting by Archana Narayanan; Editing by Prateek ... http://www.oregontelegraph.com/index.php/sid/214625608/scat/da4df54c389ee3f7 Mon, 20 May 2013 01:29:32 -0400 http://www.oregontelegraph.com/index.php/sid/214625608/scat/da4df54c389ee3f7 LOS ANGELES (MarketWatch) -- The Japanese yen rose Monday, getting a break from recent declines after a senior Japanese government official said the currency's "correction" had largely run its ... http://www.oregontelegraph.com/index.php/sid/214623858/scat/da4df54c389ee3f7 Mon, 20 May 2013 01:00:41 -0400 http://www.oregontelegraph.com/index.php/sid/214623858/scat/da4df54c389ee3f7 LOS ANGELES (MarketWatch) -- Three workers at a Foxconn Technology Group factory in Zhengzhou, China, have killed themselves over the past three weeks, Agence France-Presse reported Saturday, citing state media and a labor-rights group. The reported deaths -- involving a 30-year-old married man, a 23-year-old woman and 24-year-old man -- revive the specter of a wave of suicides that have struck ... http://www.oregontelegraph.com/index.php/sid/214623981/scat/da4df54c389ee3f7 Mon, 20 May 2013 01:00:37 -0400 http://www.oregontelegraph.com/index.php/sid/214623981/scat/da4df54c389ee3f7 Several words about the EUR/USD future. Resistance (daily close) : 1.3182, 1.3364, 1.3590 and 1.3778. After that 1.3958, 1.4186 and 1.4400. Break of the latter will give 1.4490, 1.4692 ? 1.4884. Then ... http://www.oregontelegraph.com/index.php/sid/214624357/scat/da4df54c389ee3f7 Mon, 20 May 2013 01:00:02 -0400 http://www.oregontelegraph.com/index.php/sid/214624357/scat/da4df54c389ee3f7 LOS ANGELES (MarketWatch) -- The Bank of Japan said in its May report issued Monday that the nation's economy was slowly improving, marking an upgrade from its views in the April update, according to reports. The previous outlook had mentioned signs of recovery but with weak spots, a Reuters report said, while Dow Jones Newswires said the upgrade was the first in two months. Japanese stocks ... http://www.oregontelegraph.com/index.php/sid/214623281/scat/da4df54c389ee3f7 Mon, 20 May 2013 00:09:09 -0400 http://www.oregontelegraph.com/index.php/sid/214623281/scat/da4df54c389ee3f7 The Japanese stock market hit a new five-and-a-half year high on Monday, buoyed by Wall Street's gains on Friday and a weaker yen.In late-morning trades, the benchmark Nikkei 225 Index is trading at 15,323.49, up 185.37 or 1.22 percent, after climbing to 15,297.73, the highest intraday level since December 28, 2007.In the banking space, Mitsubishi UFJ Financial (MTU) is adding 0.29 percent ... http://www.oregontelegraph.com/index.php/sid/214622724/scat/da4df54c389ee3f7 Sun, 19 May 2013 23:37:53 -0400 http://www.oregontelegraph.com/index.php/sid/214622724/scat/da4df54c389ee3f7 Certainly, we are living in interesting times. The baht suddenly became a market darling early this year - attracting massive flows from foreign investors, easily outpacing other regional currencies, becoming one of the best performing currencies in the world, and strengthening against the US dollar to levels not seen since 1997. It was in 1997 that the baht was forced off its fixed exchange ... http://www.oregontelegraph.com/index.php/sid/214622756/scat/da4df54c389ee3f7 Sun, 19 May 2013 23:28:10 -0400 http://www.oregontelegraph.com/index.php/sid/214622756/scat/da4df54c389ee3f7 There is a good case for Yahoo to buy Tumblr. But there's a better case for it not to. By John Saroff, contributor FORTUNE -- It looks like ... http://www.oregontelegraph.com/index.php/sid/214623111/scat/da4df54c389ee3f7 Sun, 19 May 2013 23:23:52 -0400 http://www.oregontelegraph.com/index.php/sid/214623111/scat/da4df54c389ee3f7 -----------------------(0825 a.m. India time)------------------ LEVEL NET/CLOSE PCT/YIELD ... http://www.oregontelegraph.com/index.php/sid/214622740/scat/da4df54c389ee3f7 Sun, 19 May 2013 23:04:36 -0400 http://www.oregontelegraph.com/index.php/sid/214622740/scat/da4df54c389ee3f7 New York: The board of Yahoo! has agreed to a deal to purchase the popular blogging platform Tumblr for $1.1 billion, the Wall Street Journal reported Sunday.Yahoo! did not immediately return AFP's calls for confirmation, but CEO Marissa Mayer has scheduled a news conference in New York Monday at which the company said it will unveil "something special."Reports last week said ... http://www.oregontelegraph.com/index.php/sid/214622608/scat/da4df54c389ee3f7 Sun, 19 May 2013 22:26:23 -0400 http://www.oregontelegraph.com/index.php/sid/214622608/scat/da4df54c389ee3f7 HONG KONG (MarketWatch) -- Hong Kong stocks powered higher early Monday, with coal miners and oil producers leading the rally as the market reopened after Friday's holiday, while a further improvement in home prices lifted Chinese property developers. The Hang Seng ... http://www.oregontelegraph.com/index.php/sid/214622417/scat/da4df54c389ee3f7 Sun, 19 May 2013 22:22:05 -0400 http://www.oregontelegraph.com/index.php/sid/214622417/scat/da4df54c389ee3f7 LOS ANGELES (MarketWatch) - Australian stocks rose Monday, a stronger start for the benchmark index as banking and mining issues posted gains. The S&P/ASX ... http://www.oregontelegraph.com/index.php/sid/214621155/scat/da4df54c389ee3f7 Sun, 19 May 2013 20:40:39 -0400 http://www.oregontelegraph.com/index.php/sid/214621155/scat/da4df54c389ee3f7 HONG KONG (MarketWatch) -- Japanese stocks jumped early Monday on an improved profit outlook, with another record finish for key U.S. benchmarks on Friday aiding several exporters although the yen rebounded from lows against the U.S. ... http://www.oregontelegraph.com/index.php/sid/214621260/scat/da4df54c389ee3f7 Sun, 19 May 2013 20:40:37 -0400 http://www.oregontelegraph.com/index.php/sid/214621260/scat/da4df54c389ee3f7 corporate bonds despite the best rally in five years as the government notification on the reduction of withholding tax has added to confusion than clearing it. ... http://www.oregontelegraph.com/index.php/sid/214621156/scat/da4df54c389ee3f7 Sun, 19 May 2013 20:36:32 -0400 http://www.oregontelegraph.com/index.php/sid/214621156/scat/da4df54c389ee3f7 SEOUL | Sun May 19, 2013 8:12pm EDT SEOUL May 20 (Reuters) - Seoul shares edged up on Monday after the rally on Wall Street boosted sentiment and helped to overcome worries about North Korea's firing of short-range missiles at the weekend. Technology heavyweights led the gains, with SK Hynix rising 2 percent and LG Electronics gaining 0.5 percent. The Korea Composite Stock Price ... http://www.oregontelegraph.com/index.php/sid/214621147/scat/da4df54c389ee3f7 Sun, 19 May 2013 20:12:40 -0400 http://www.oregontelegraph.com/index.php/sid/214621147/scat/da4df54c389ee3f7 Australia The Australian dollar remains well below parity with the greenback, after positive US economic data pushed the value of its currency higher on Friday. Around 9:00am (AEST), an Aussie dollar was worth 97.42 US cents.The local currency was also fetching just under 76 euro cents, 100.25 Japanese yen and 64.23 British pence. Futures trade indicates the share market will rise today, with ... http://www.oregontelegraph.com/index.php/sid/214620538/scat/da4df54c389ee3f7 Sun, 19 May 2013 19:58:46 -0400 http://www.oregontelegraph.com/index.php/sid/214620538/scat/da4df54c389ee3f7 Budget speech and what RBI has now launched. Here's what the Budget speech said: "...in consultation with RBI, I propose to introduce instruments that will ... http://www.oregontelegraph.com/index.php/sid/214620582/scat/da4df54c389ee3f7 Sun, 19 May 2013 19:45:23 -0400 http://www.oregontelegraph.com/index.php/sid/214620582/scat/da4df54c389ee3f7 AUSTRALIAN bond futures prices are lower as more good US economic data increases speculation that the US Federal Reserve is close to winding down its economic stimulus program. On Friday (US time), both the Dow Jones Index and the S&P 500 closed at fresh all-time highs, gaining almost one per cent after it was reported the University of Michigan consumer sentiment index in May rose to its highest ... http://www.oregontelegraph.com/index.php/sid/214621023/scat/da4df54c389ee3f7 Sun, 19 May 2013 19:23:14 -0400 http://www.oregontelegraph.com/index.php/sid/214621023/scat/da4df54c389ee3f7 SYDNEY, May 20 (Reuters) - Australian shares are seen starting firmer on Monday, after better economic data in the United States pushed Wall Street to fresh record highs and as the local dollar remains below parity against the greenback. * Local share price index futures rose 0.4 percent to 5,212.0, a 31.2-point premium to the underlying S&P/ASX 200 index close. The benchmark ended 0.3 percent up ... http://www.oregontelegraph.com/index.php/sid/214620539/scat/da4df54c389ee3f7 Sun, 19 May 2013 19:05:46 -0400 http://www.oregontelegraph.com/index.php/sid/214620539/scat/da4df54c389ee3f7 THE Australian dollar is slightly higher, but has failed to make any significant gains despite US stocks rising to a new all-time record at the end of last week. At 0700 AEST on Monday, the local unit was trading at 97.59 US cents, up from 97.37 cents on Friday. Late on Friday night, the currency fell as low as 97.11 US cents, its weakest level since early June 2012. The US dollar continued to ... http://www.oregontelegraph.com/index.php/sid/214619498/scat/da4df54c389ee3f7 Sun, 19 May 2013 17:40:13 -0400 http://www.oregontelegraph.com/index.php/sid/214619498/scat/da4df54c389ee3f7 There is a good case for Yahoo to buy Tumblr. But there's a better case for it not to. By John Saroff, contributor FORTUNE -- It looks like ... http://www.oregontelegraph.com/index.php/sid/214618903/scat/da4df54c389ee3f7 Sun, 19 May 2013 16:39:09 -0400 http://www.oregontelegraph.com/index.php/sid/214618903/scat/da4df54c389ee3f7 Wall Street seems destined to push to fresh highs again this week as investors continue to bet on both an improving economic outlook and a solid commitment from the US Federal Reserve to counter any weakness. On Friday, the Dow Jones industrial average rose 0.80 per cent to close at a record 15,354.40, while the Standard & Poor's 500 Index added 0.95 per cent to finish at a record ... http://www.oregontelegraph.com/index.php/sid/214619005/scat/da4df54c389ee3f7 Sun, 19 May 2013 15:29:16 -0400 http://www.oregontelegraph.com/index.php/sid/214619005/scat/da4df54c389ee3f7 ) is holding an event in New York City on Monday evening, at which many are speculating the company could announce a deal with the social blogging platform Tumblr. Reports surfaced last week that Yahoo CEO Marissa Mayer is said to ... http://www.oregontelegraph.com/index.php/sid/214616478/scat/da4df54c389ee3f7 Sun, 19 May 2013 13:12:40 -0400 http://www.oregontelegraph.com/index.php/sid/214616478/scat/da4df54c389ee3f7 Sun May 19, 2013 11:28am EDT By Angela Moon NEW YORK May 19 (Reuters) - With the broad S&P 500 Index gliding once again into uncharted territory and posting four straight weeks of gains, the talk of Wall Street's rally inevitably hitting a ceiling is starting to get old. Concerns about a technical correction have been a hot topic for weeks, especially as the rally accelerated in May - the ... http://www.oregontelegraph.com/index.php/sid/214615925/scat/da4df54c389ee3f7 Sun, 19 May 2013 11:28:14 -0400 http://www.oregontelegraph.com/index.php/sid/214615925/scat/da4df54c389ee3f7