Search results for "AWAY"



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Ahead of the Bell: US retail sales

WASHINGTON— The Commerce Department releases January retail sales data at 8:30 a.m. Eastern Friday. SLIGHT INCREASE: Economists believe retail sales rose a seasonally adjusted 0.1 percent last month, according to a survey by data provider FactSet, a reversal of December's 0.1 percent drop. On Wednesday, the National Retail Federation forecast above...
Source: The Associated Press
Bank selling is 'ridiculous'—time to buy: Trader

Has the deep dive in bank stocks finally made these names attractive enough to buy?
Source: | By: Stephanie Yang
Commerzbank boosts European shares off of 2-1/2 year lows

*FTSEurofirst 300 up 2 pct. LONDON, Feb 12- European shares rebounded strongly from the previous session's steep losses on Friday, with positive results from Commerzbank and a rally in oil prices helping banks and commodity-related stocks to regain ground. There's so much nervousness in the market at the moment that even slightly good news out of a bank like...
Source: Reuters | By: Alistair Smout
With prize in sight, Brexit camp risks dashing its dream

WITHAM, England, Feb 12- Striding through a housing estate in the drizzle to hand out leaflets, 52- year-old builder Kevin Lovett throws up his arms in despair as he rails against the deceit he sees at the heart of the European Union. Pitching their dream of a proud Britain breaking free from a German-dominated bloc, the "Out" campaigners cast leading pro-Europeans...
Source: Reuters | By: Kate Holton and Kylie MacLellan
The 'Twitter capital' is going off ... Twitter

Rival apps and rancorous political debate are driving users away from Twitter in Indonesia, illustrating the challenges faced by the microblogging service.
Source: Reuters
JGBs slip on profit taking, yields pull away from record lows

TOKYO, Feb 12- Japanese government bond prices slipped on Friday as profit taking emerged after a volatile week that saw debt yields sink to record lows. Bond yields had declined steadily after the BOJ adopted negative rates on Jan. 29. Mediocre demand at Friday's liquidity-enhancing auction, under which the Ministry of Finance sells existing JGB issues to the...
Source: Reuters
FOREX-Dollar on track for steep weekly losses

*Rapid drop vs yen leads to speculation of Japan intervention. TOKYO, Feb 12- The dollar nursed losses on Friday that have put it on course for steep weekly drops against major currencies, with many investors favouring the perceived safe-haven appeal of the yen amid sinking global markets. Japanese Finance Minister Taro Aso adopted stronger rhetoric, saying...
Source: Reuters | By: Lisa Twaronite
GRAINS-Soybeans hit 1-week high, set for weekly gain of 1 pct

SYDNEY, Feb 12- U.S. soybeans edged up to a one-week high on Friday and was set to post a weekly gain of nearly 1 percent, underpinned by strong demand for U.S. supplies. *The USDA said on Thursday morning that weekly export sales of soybeans totalled 601,000 tonnes. *The USDA reported weekly corn export sales of 346,100 tonnes, well below forecasts for 800,000 to 1.1...
Source: Reuters
INSIGHT-Mission incomplete: Rajan's overhaul of India's central bank

*Rajan wants to integrate India into global economy, debate. MUMBAI, Feb 12- In a video conference in mid-2014, Indian central bank governor Raghuram Rajan told employees that he wanted to hire talented external candidates and improve the quality of research at the 81- year-old central bank. But in the storied halls of the Reserve Bank of India, where staff have to...
Source: Reuters | By: Suvashree Choudhury and Neha Dasgupta
FOREX-Dollar on track for steep weekly loss

*Rapid drop vs yen leads to speculation of Japan intervention. TOKYO, Feb 12- The dollar fell on Friday headed for steep weekly losses, as investors braced for another day of cratering sentiment and waited to see whether Japan would act to stem its currency's slid. "The BOJ's negative interest rate policy has less effect on encouraging more liquidity by banks but...
Source: Reuters | By: Lisa Twaronite