Big bets on Green Mountain ahead of Coke stake raise eyebrows
NEW YORK (Reuters) – A surge in bets that shares of Green Mountain Coffee Roasters would rise sharply by the end of the week has raised suspicions, coming as it did just hours before news of a partnership deal with Coca-Cola .
GM’s dismal profit may spur analysts to cut 2014 estimate
DETROIT (Reuters) – General Motors Co reported a disappointing fourth-quarter profit on Thursday, hurt by weaker-than-expected results in Asia and South America that may prompt analysts to ratchet down their profit forecasts for 2014 for the No. 1 U.S….
UBS Wealth Americas hits billion-dollar profit goal
NEW YORK (Reuters) – For Robert McCann, who took control of UBS AG’s loss-ridden U.S. brokerage business four years ago, 2013 proved to be a very good year.
ECB warns Hungary yet again to honor its central bank’s independence
FRANKFURT (Reuters) – The ECB has told Hungary again that it must respect the independence of monetary policymakers, saying the government cannot threaten central bankers with dismissal if they fail to submit a wealth declaration.
Former head of Britain’s SFO accused of running chaotic agency
LONDON (Reuters) – Richard Alderman, the former head of Britain’s leading fraud prosecution authority, oversaw a chaotic agency that was unable to keep records and documents in order, a London court heard on Thursday.
Kia debuts its first electric vehicle for U.S. market
CHICAGO (Reuters) – Kia Motors Corp rolled out an electric version of its Soul compact car on Thursday that the Korean automaker plans to begin selling in some U.S. markets later this year.
ECB bank check unlikely to affect sovereign ratings: S&P
LONDON (Reuters) – The European Central Bank’s health check of euro zone banks later this year is not expected to lead to any changes in sovereign credit ratings, Standard and Poor’s said on Thursday.
U.S. trade bank launches operations in Myanmar
WASHINGTON (Reuters) – The Export-Import Bank of the United States said it launched operations in Myanmar on Thursday, a move to support U.S. exporters against competitors and help reintegrate the country into the world economy.
ECB holds rates at record low, puts focus on March
FRANKFURT (Reuters) – The European Central Bank left interest rates at a record low on Thursday but put markets on alert for a possible move in March, acknowledging that emerging-market turbulence could hit the euro zone.
AOL revenue beats estimates as ad sales jump
(Reuters) – AOL Inc on Thursday reported a better-than-expected 13 percent rise in quarterly revenue, helped by higher ad sales and cited its best growth in a decade.
