Monthly Archives : May 2014

(Reuters) - BlackRock Inc Chief Executive Larry Fink this week dropped a stink bomb on a small corner of the $2.5 trillion global market for exchange-traded funds.     

DOHA (Reuters) - Air New Zealand is close to placing an order for around a dozen A320-family aircraft worth well over $1 billion at list prices to expand its fleet of mainly Airbus medium-haul jets, industry sources said on Saturday.     

FRANKFURT (Reuters) - European policymakers should not give up on efforts to make their economies more efficient and stick to budget rules, despite a strong protest vote in European Parliament elections, the ECB's Yves Mersch said on Saturday.     

(Reuters) - Valeant Pharmaceuticals International Inc said on Friday it would boost its takeover bid for Botox-maker Allergan Inc for the second time this week, contingent on the two sides negotiating.     

TOKYO (Reuters) - Hackers stole nearly $2 million from the online bank accounts of Japanese businesses in April, a surge in theft that has prompted some banks to curtail online services and rethink compensation policies, executives and regulators say.     

NEW YORK (Reuters) - The U.S. Federal Bureau of Investigation and the Securities and Exchange Commission are investigating possible insider trading involving billionaire investor Carl Icahn, golfer Phil Mickelson and Las Vegas gambler William Walters, a source familiar with the matter said.     

PALO ALTO Calif. (Reuters) - A trio of Federal Reserve officials who disagree deeply with one another over the appropriate stance of monetary policy on Friday expressed a shared distrust for using interest rates to head off asset bubbles and other forms of financial instability.     

SAN FRANCISCO/NEW YORK (Reuters) - Erik Huggers is leaving Verizon Communications Inc just five months after joining the company via the acquisition of the Intel Corp “OnCue” streaming service he developed, signaling the communications giant's waning interest in providing an Internet-delivered TV service.     

NEW YORK (Reuters) - The U.S. Securities and Exchange Commission suffered a loss on Friday when a jury cleared a New York hedge fund manager and two others accused of engaging in a $1.3 million insider trading scheme in 2001.     

NEW YORK (Reuters) - The rally in U.S. Treasury bonds surprised many, taking 10-year yields to their lowest levels in 11 months. Jobs data and the European Central Bank meeting next week will determine whether bond prices have further to go.