Exclusive: MSCI global indices may include Alibaba after investor queries
(Reuters) – Stock index provider MSCI Inc is considering changing its rules to allow shares of Alibaba Group Holding [IPO-BABA.N] and other companies that list their shares in faraway markets to be included in its widely used indexes.
Fed change unlikely to blunt equities’ appeal over bonds
NEW YORK (Reuters) – The recent wobbly stretch in both stocks and bonds may persist for the short term if the U.S. Federal Reserve next week lives up to expectations and signals the days of near-zero interest rates are numbered, but it is unlikely to t…
Bets on hawkish Fed lift dollar, U.S. bond yields
NEW YORK (Reuters) – The U.S. dollar ended higher for a ninth straight week against the euro on Friday and hit six-year highs against the yen, helped by speculation the Federal Reserve may strike a more hawkish tone when it meets next week.
Labor pension adviser CtW seeks details from Walgreen
BOSTON (Reuters) – CtW Investment Group, an adviser to union pension funds, called on Walgreen Co to provide more details about a change in projected earnings and questioned the U.S. drugstore chain operator’s appointment of an activist investor to its…
Labor pension adviser CtW seeks details from Walgreen
BOSTON (Reuters) – CtW Investment Group, an adviser to union pension funds, called on Walgreen Co to provide more details about a change in projected earnings and questioned the U.S. drugstore chain operator’s appointment of an activist investor to its…
Exclusive: Brazil assessing whether to cut key fiscal goal in 2014
BRASILIA (Reuters) – The Brazilian government is assessing whether to cut its most closely watched fiscal target in 2014 because revenues came in worse than expected and onetime expenditures climbed, Treasury chief Arno Augustin told Reuters on Friday….
RadioShack mulls $585 million financing package from UBS, Standard General: WSJ
(Reuters) – RadioShack Corp is evaluating a $585 million financing package led by UBS AG and hedge fund Standard General LP as the U.S. electronics retailer tries to avert bankruptcy, the Wall Street Journal reported, citing people familiar with the ma…
Microsoft needs Minecraft to boost mobile ambitions
SEATTLE (Reuters) – Microsoft’s impending purchase of Mojang, the Swedish developer with 100 million players of its open world Minecraft game, is more aimed at pulling users onto the software company’s obscure mobile platform than its better known PC system or Xbox game console.
Wall St. declines with energy, ends five-week string of gains
NEW YORK (Reuters) – U.S. stocks fell on Friday as energy shares extended their recent slide, while rising bond yields drove down high-dividend paying shares.
Exclusive: MSCI global indices may include Alibaba after investor queries
(Reuters) – Stock index provider MSCI Inc is considering changing its rules to allow shares of Alibaba Group Holding [IPO-BABA.N] and other companies that list their shares in faraway markets to be included in its widely used indexes.
