Exclusive: Sell-side sours on U.S. energy stocks more than any sector
NEW YORK (Reuters) – As if plummeting oil prices were not giving energy companies enough to worry about in 2015, Wall Street has turned against the sector, with stock analysts slashing earnings estimates.
Wall St. watchdog to target ‘smart’ ETFs, loans, in 2015 examinations
(Reuters) – Sales of “smart beta” funds, the fastest-growing segment of the exchange-traded fund market, are among the issues Wall Street’s private watchdog will review in its 2015 examinations of U.S. brokerages, the regulator said on Tuesday.
Walgreens December same-store sales beat estimates
(Reuters) – Walgreen Co, the largest U.S. pharmacy chain, reported a better-than-expected jump in December comparable store sales, helped by the month containing one more Wednesday and one fewer Sunday than a year ago and higher sales of flu medicine.
Global business growth at weakest rate in over a year: PMI
LONDON (Reuters) – The pace of global business growth eased to its weakest rate in over a year at the end of 2014 as rates of expansion slowed in both the manufacturing and service industries, a survey showed on Tuesday.
Airbus had record deliveries in 2014, sees big orders: source
PARIS (Reuters) – Airbus increased its deliveries in 2014, setting a new company record, a source at the European planemaker said on Tuesday.
EU lawmaker seeks to dilute bank trading reform
LONDON (Reuters) – Draft European Union rules forcing banks to isolate their risky trading activities should be eased to take national measures into account and avoid harming markets, an EU document written by a senior lawmaker has proposed.
UK banks warn 2019 ringfencing deadline extremely challenging
LONDON (Reuters) – Britain’s banks will find it “extremely challenging” to meet a 2019 deadline to set up a boundary around their retail operations and have called for the regulator to provide clarity on the new rules more quickly.
U.S. service sector activity slips to six-month low in December
(Reuters) – A gauge of growth in the dominant U.S. services sector fell short of expectations for December, hitting a six-month low as indexes on employment, orders and business activity all declined.
Euro zone growth falters at end of 2014
LONDON (Reuters) – The euro zone economy ended 2014 with its worst quarter for over a year, according to surveys of activity that highlighted continuing downturns in France and Italy and a stuttering performance by paymaster Germany.
U.S. services sector activity growth slowest since February: Markit
NEW YORK, (Reuters) – The U.S. services sector expanded in December at its slowest rate since February as growth in new business and employment declined, an industry report showed on Tuesday.
