SocGen says ‘nothing to expect’ soon on U.S. sanctions probe
PARIS (Reuters) – Societe Generale said it plans to finish an internal investigation into dollar transfers made on behalf of entities based in countries subject to U.S. sanctions, linked to talks with the U.S. Office of Foreign Assets Control, by the e…
Ford’s rosy 2020 outlook hinges on new F-150, Lincoln
DETROIT (Reuters) – If Ford Motor Co’s new chief executive Mark Fields hoped to muffle the shock of an earnings outlook rollback on Monday by unveiling aggressive growth targets for 2020, then it did just the opposite, as investors and analysts were do…
Asian factories slow in September, push inflation ever lower
SYDNEY (Reuters) – Factory activity stumbled across much of Asia in September, with slowdowns in India, Japan and Taiwan and an outright decline in South Korea delivering a setback to hopes for a pick in world growth this year.
China September factory activity steadies but economic outlook still weak
BEIJING (Reuters) – Growth in China’s manufacturing sector held up in September but remained subdued in a sign that the world’s second-largest economy is still struggling to recover its growth momentum.
If analysts don’t ask questions, expect stock declines: study
NEW YORK (Reuters) – Earnings conference calls that inspire little more than silence are not a great sign for the company’s shares in the days that follow, according to a study released on Wednesday.
U.S. orders airlines to replace cockpit displays on 1,300 Boeing airplanes
(Reuters) – The U.S. Federal Aviation Administration is requiring airlines to replace cockpit displays on more than 1,300 Boeing Co airplanes to avoid interference from Wi-Fi and cellular devices.
U.S. lawsuits related to Fannie Mae, Freddie Mac profits dismissed
(Reuters) – A U.S. federal judge on Tuesday dismissed claims seeking to stop the U.S. government from making Fannie Mae and Freddie Mac pay a quarterly dividend to the U.S. Treasury.
Argentina defies U.S. court order by depositing debt payment
BUENOS AIRES (Reuters) – Argentina deposited a $161 million bond interest payment with a newly appointed local trustee on Tuesday, the Economy Ministry said, defying a U.S. judge who held it in contempt a day earlier for taking illegal steps to meet it…
Mercer cuts ratings on Pimco funds, more outflows could follow
NEW YORK (Reuters) – Influential pension consultant Mercer Investment Management has downgraded its ratings on five Pimco funds, possibly triggering another wave of institutional investor outflows from the Newport Beach, California, bond fund manager.
American Apparel board open to letting Charney stay: Bloomberg
(Reuters) – American Apparel Inc’s board is increasingly open to letting its ousted founder, Dov Charney, stay at the company, Bloomberg reported, citing people familiar with the matter.
