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Search results for "BEAM"



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WRAPUP 1-Mixed messages as Fed officials go public in force

MILWAUKEE, Sept 28- A flurry of planned appearances this week by Federal Reserve officials began on Monday, but conflicting views by policymakers raised more questions about the U.S. central bank's ability to manage its message at a critical juncture. William Dudley, head of the New York Fed, and John Williams, head of the San Francisco Fed, both signaled the...
Source: Reuters | By: Jonathan Spicer
US STOCKS-Wall St drops as anxious investors eye China

*China industrial profits fall, stoking economy fear. Much of the damage came from pharmaceutical and biotech stocks, including Allergan and Gilead Sciences, with the sector still bleeding a week after Democratic presidential candidate Hillary Clinton criticized drug pricing. It's time for risk-off and there's no place to hide, "said Richard Weeks, managing...
Source: Reuters | By: Noel Randewich
GLOBAL MARKETS-Stocks, commodities pulled lower on growth worry

*Glencore slides 30 percent, underscores commodity concern. NEW YORK, Sept 28- Global equity markets and commodities slumped on Monday, pulled lower by worry over the economic health of China and other big emerging markets in a week filled with key economic data. An 8.8 percent drop in Chinese industrial firms' profits and a plunge of nearly 30 percent in miner...
Source: Reuters | By: Chuck Mikolajczak
Recalls this week: power banks, bicycles, trapeze rings

DETAILS: The Wishbone Recycled Bikes, which are made from recycled black plastic materials with 12- inch, air-filled white rubber tires. Date codes are either December 2013 or May 2014. They were sold at independent toy and bike stores nationwide and online at www.amazon.com from July 2014 through June 2015.
Source: The Associated Press | By: By The Associated Press
$134M for recovery projects arising from 2010 Gulf oil spill

NEW ORLEANS- A panel on Wednesday approved using $134 million provided by energy giant BP PLC on 10 projects to help the Gulf of Mexico recover from a catastrophic 2010 oil spill. About $126 million will go to projects to help sea turtles, fish, vegetation and birds and $8 million on enhancing recreational uses. So far with the new projects included, about $832...
Source: The Associated Press | By: By CAIN BURDEAU, Associated Press
Gentex transforms rear-view mirror into high-tech vision system

DETROIT, Sept 18- Gentex Corp is broadening its role from a traditional Michigan- based auto parts maker to a supplier of high-tech vision systems that eventually could be integrated into self-driving cars. General Motors Co will be the first automaker to use a new rear-view mirror developed by Gentex, on the 2016 Cadillac CT6 sedan. Piersma said BMW would be the...
Source: Reuters | By: Paul Lienert
COLUMN-Decline rates will ensure oil output falls in 2016: Kemp

LONDON, Sept 15- "It takes all the running you can do to keep in the same place. But with oil prices below $50 per barrel, almost all companies, from the super-majors to national oil companies and independents, are slashing exploration and production budgets hard to conserve cash. In a typical example, Iraq's oil ministry wrote to contractors on September 6 warning it...
Source: Reuters | By: John Kemp
US STOCKS-Wall St bounces back with Apple; biotechs a boost

*Earnings won't grow as much as expected- David Tepper to CNBC. Apple's shares rose 2.5 percent to $112.91, rebounding from losses the day before when the iPhone and iPad maker unveiled new offerings. Biotech shares also boosted the market, with Gilead up 3.9 percent at $107.83, giving the second-biggest boost to the S&P 500 and Nasdaq after Apple.
Source: Reuters | By: Caroline Valetkevitch
US STOCKS-Apple, biotech stocks lift Wall Street

*Earnings won't grow as much as expected- David Tepper to CNBC. U.S. stocks have been volatile for the past few weeks since China devalued its currency in August and the impact of a slowdown in the region on global growth rattled investors. "Volatility is here to stay for the rest of the fourth quarter because even if the Fed doesn't raise rates next week, it is...
Source: Reuters | By: Tanya Agrawal
US STOCKS-Apple, health stocks lift Wall Street

*Earnings won't grow as much as expected- David Tepper to CNBC. Global markets were under pressure earlier in the day after data showed a drop in producer prices and car sales in China and slowing capital spending in Japan. "We need to see more positive government action from China.
Source: Reuters | By: Tanya Agrawal