Japan’s Nikkei rises, spurred by defensive buying,
TOKYO (Reuters) – The Nikkei share average edged higher on Monday as buying in defensive stocks reversed early losses.
Big Lots may rebound as new CEO, sales moves take hold: Barron’s
(Reuters) – Big Lots Inc , the nation’s largest closeout retailer whose shares have fallen 30 percent from their high in March 2012, deserves a closer look from investors now that the company has a new chief executive and is taking initiatives to boost…
Barriers to homeownership dividing Britain, youth say -survey
LONDON (Reuters) – Most young Britons say rising barriers to home ownership are dividing the country socially and economically, and one in five has abandoned the dream of ever owning a property, a survey by mortgage provider Halifax said.
Amgen share buybacks, drugs may fuel more stock gains – Barron’s
(Reuters) – Amgen Inc , the world’s largest biotechnology company, has plenty of room to grow despite a 43 percent jump in its share price over the past year, thanks to cost cuts, newer drugs and hefty share buybacks, Barron’s said.
Hollande backs FranceTel CEO to stay in post
PARIS (Reuters) – France Telecom chief executive Stephane Richard has state backing to stay in his post as long as an inquiry into fraud allegations does not prevent him from working, President Francois Hollande said on Sunday.
Brookfield to sell assets to Weyerhaeuser, KapStone for $3.68 billion
(Reuters) – Brookfield Asset Management Inc said it will sell its Longview Timber holdings in the U.S. Pacific Northwest to Weyerhaeuser Co for $2.65 billion, including assumption of debt, and will sell a nearby paper and packaging business to KapStone…
Analysis: Why bankrupt W.R. Grace is thriving
COLUMBIA, Md./NEW YORK (Reuters) – A company stuck in bankruptcy for 12 years may not seem like much of a catch, but investors have fallen in love with U.S. specialty chemical manufacturer W.R. Grace & Co and its surging sales to the energy sector.
Analysis: Japan PM Abe’s true test; rising government bond yields
TOKYO (Reuters) – Abenomics’ massive monetary stimulus was supposed to depress long-term interest rates to spur economic activity, but the Japanese government bond market has other ideas.
Samsung analysts ask hard questions as S4 marketing charm wears off
SEOUL (Reuters) – Analysts fell under Samsung Electronics Co Ltd’s marketing spell when they made what they now admit were hopelessly optimistic forecasts for its smartphone sales.
Hollande rules out early France Telecom, GDF share sales
PARIS (Reuters) – French President Francois Hollande on Sunday ruled out an early sale of any state holdings in France Telecom or utility GDF Suez , saying market valuations were too low.
