U.S. consumer confidence at six-year high, Europeans also more upbeat – survey
LONDON (Reuters) – Consumer confidence in the United States reached a six-year high in the third quarter, as prospects for jobs and personal finances improved, and also rose sharply in Europe, a global survey showed.
LinkedIn’s conservative forecast gives pause to sizzling stock surge
SAN FRANCISCO (Reuters) – LinkedIn Corp issued a conservative revenue forecast through the end of the year that damped a sizzling run in its stock price, taking the shine off an upbeat performance at the professional social network in the third quarter…
LinkedIn’s conservative forecast gives pause to sizzling stock surge
SAN FRANCISCO (Reuters) – LinkedIn Corp issued a conservative revenue forecast through the end of the year that damped a sizzling run in its stock price, taking the shine off an upbeat performance at the professional social network in the third quarter…
Brazil suspends trade in shares of university operator GAEC
SAO PAULO (Reuters) – Brazil’s securities regulator CVM on Tuesday suspended trading in shares of education company GAEC Educação SA in the second day of trading since its $213 million initial public offering.
Pentagon sees ‘sufficient’ progress to boost fiscal year 2015 F-35 output
WASHINGTON (Reuters) – The Pentagon this week said the Lockheed Martin Corp F-35 program had made sufficient improvement to plan for higher production in fiscal year 2015, but contract awards would be tied to progress on the fighter jet’s software, rel…
SEC sues investor over alleged Carter’s insider-trading scheme
(Reuters) – The Securities Exchange Commission filed a civil complaint Tuesday against a retired hedge-fund investment consultant and market analyst who allegedly participated in an insider trading scheme involving Atlanta-based clothing marketer Carte…
Sainsbury’s takes price comparison spat with Tesco to high court
LONDON (Reuters) – Supermarket J Sainsbury will take its spat over price comparisons with Tesco to Britain’s high court, challenging a ruling by the advertising watchdog in favor of its rival.
With tough market at home, China’s heavy gear makers gain traction overseas
BEIJING (Reuters) – When Guangxi Liugong Machinery was bidding to sell wheel loaders to a Thai rice merchant a few years ago, company president Zeng Guangan knew he needed to customize his equipment to beat off Komatsu Ltd and other Japanese rivals.
Cautiously optimistic Fed will spring no surprises
SYDNEY (Reuters) – Asian share markets should take heart from record highs in U.S. stocks on Wednesday as investors wager the Federal Reserve will rock no boats at its policy meeting and leave stimulus in place for the next few months at least.
Goldman loses co-head of commodity trade Shenouda: memo
NEW YORK (Reuters) – Goldman Sachs Group Inc global commodities trading co-head Magid Shenouda is leaving after 14 years at the bank, according to an internal memo seen by Reuters, the Wall Street firm’s second senior-level departure in as many weeks.