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UPDATE 1-Ukraine creditors' debt plan shows bond haircut inevitable -source

A creditors' committee, led by Franklin Templeton, has put forward a plan which would save Ukraine $15.8 billion, or more than what it is aiming for, via extending bond maturities by up to 10 years and by cutting coupon payments in initial years, a separate source had said earlier. "What will be difficult in this proposal is that 40 percent of the debt is amortized...
Source: Reuters | By: Sujata Rao
General Motors, Subaru models added to Takata air bag recall

DETROIT- General Motors and Subaru are adding vehicles to the growing list of models being recalled by 11 automakers due to potentially exploding air bags. The U.S. government's National Highway Traffic Safety Administration released the model information on Friday. The vehicles are equipped with air bag inflators made by Takata Corp. of Japan that can...
Source: The Associated Press
FOREX-Dollar ends winning month mixed

Euro ahead on Greece hopes. NEW YORK, May 29- The dollar was mixed on Friday with month-end selling after a recent rally, as traders saw little in weak first-quarter U.S. gross domestic product data to discourage bets the Federal Reserve will start raising interest rates in 2015.. "Underlying sentiment remains positive but the dollar is seeing some profit taking...
Source: Reuters
Dollar trades mixed at end of winning month

The dollar was mixed on Friday with month-end selling after a recent rally, as traders saw little in weak first-quarter U.S. gross domestic product data to discourage bets the Federal Reserve will start raising interest rates in 2015.
Source: Reuters
Michael Kors problem is industry wide: Ex JCP chief

Former JC Penney CEO Allen Questrom explains why Michael Kors' stock has dropped so much and why it's an industry-wide problem.
Source: CNBC.com | By: Fred Imbert
Top 5 stocks of the week and how to trade them

CNBC Pro highlights the top performing stocks this week and analyzes whether the good times will continue.
Source: CNBC.com | By: Giovanny Moreano
UPDATE 3-Intel nears deal to buy Altera for $16 bln - sources

*Intel to offer $54 per share- source. May 29- Intel Corp has resumed talks to buy programmable-chip maker Altera Corp and is close to a $16 billion deal, people familiar with the matter said on Friday, paving way for the third mega semiconductor-chip deal this year. The deal will allow Intel to bundle its own server chips with Altera's line of programmable chips,...
Source: Reuters | By: Greg Roumeliotis and Liana B. Baker
CORRECTED-UPDATE 5-Avago to buy Broadcom for $37 bln in biggest-ever chip deal

*Broadcom, Avago shares slip after big rise on Wednesday. May 28- Avago Technologies Ltd agreed on Thursday to buy Broadcom Corp for $37 billion in the largest merger of chipmakers ever, turning a lesser known company run by a ferocious dealmaker into one of the biggest industry players. Avago, which serves the wireless and industrial markets, is offering Broadcom...
Source: Reuters | By: Liana B. Baker and Supantha Mukherjee
Bitcoin's tech is entering the major leagues

So who is interested in bitcoin's technology? Seagate, Nasdaq, Overstock, IBM, Samsung, UBS, Barclays, Banco Santander and Intel-to name a few.
Source: CNBC.com | By: Everett Rosenfeld
Halftime's hottest trades today: GME, JCP, KORS & ITB  

Halftime's Hottest Trades today. Finishing Friday with trades on Michael Kors, JCPenney, GameStop, housing, energy stocks, oil, and the euro.
Source: CNBC.com