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PRESS DIGEST-Australian Business News - Thursday, May 9
ReutersCompiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy. THE AUSTRALIAN FINANCIAL REVIEW (www.afr.com) The "two strikes" rule that allows a vote against the remuneration report by 25...Tags: Jones Lang LaSalle Incorporated, Financial Markets, Drugs and Medicines, Bonds, Australia
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S&P ups National Public Finance financial strength rating to A
ReutersMay 10 (Reuters) - Standard & Poor's Ratings Services on Friday raised National Public Finance Guarantee Corp's financial strength rating to A from BBB and removed the rating from CreditWatch Positive. As the litigation with 18 banks over the...Tags: Public Finance, MBIA Incorporated, Stock Market
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S&P upgrades National Public Finance, says may get A rating
Reuters(Reuters) - Following a cash settlement between MBIA Inc and Bank of America , Standard & Poor's Rating upgraded on Wednesday the financial strength ratings of MBIA Insurance Corp and National Public Finance Guarantee. The rating agency, which had...Tags: Public Finance, Litigation, Litigation and Regulation, MBIA Incorporated, Banking
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Fitch upgrades Mexico to BBB-plus on reform momentum
ReutersMEXICO CITY (Reuters) - Fitch Ratings upgraded Mexico's sovereign foreign currency credit rating by one notch to BBB-plus on Wednesday, pointing to the country's solid economic foundations and welcome progress on reforms. The surprise move will help...Tags: Brazil, U.S. Congress, Moody's Corporation, Central Bank, Credit Ratings
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Wall Street pasa a terreno positivo por acciones bancarias y tecnológicas
ReutersNUEVA YORK, 8 mayo (Reuters) - Las acciones estadounidenses cambiaron de rumbo y operaban en alza el miércoles, colocando al Ãndice S&P 500 camino a su quinto dÃa seguido de ganancias, mientras los papeles de empresas financieras y tecnológicas...Tags: JPMorgan Chase & Co., Nasdaq Composite, S&P 500, Stock Market, Bank of America Corp.
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European shares set new highs on back of miners' China boost
Reuters* FTSEurofirst 300 up 0.4 percent * China imports and exports up, helping resources stocks * Henkel helps DAX to new all-time high * Standard Chartered slump after rare profit fall By Alistair Smout LONDON, May 8 (Reuters) - Demand for miners...Tags: Non Ferrous Metal, Philosophy, HSBC Holdings plc, Thomson Corporation, Earnings Forecasts
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Wall Street abre estable, S&P y Dow Jones operan cerca de máximos históricos
ReutersNUEVA YORK, 8 mayo (Reuters) - Wall Street abrió con pocos cambios el miércoles debido a que los inversores no encontraban suficientes motivos para llevar las acciones decisivamente para un lado u otro, luego de registrar ganancias que llevaron a los Ã...Tags: Nasdaq Composite, Stock Market
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CME live cattle futures firm with beef quotes
ReutersMay 8 (Reuters) - CME live cattle firmed on Wednesday with support from bullish spreads stirred by stronger wholesale beef prices, traders and analysts said. * They said spot-June futures' discount to last week's cash prices attracted buyers. * June...Tags: Memorial Day, Goldman Sachs Group, Inc.
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UPDATE 1-Moody's: Municipal defaults up since crisis, but still low
ReutersBy Lisa Lambert WASHINGTON, May 7 (Reuters) - Moody's Investors Service said on Tuesday that the number of defaults among the U.S. municipal bonds it rates has risen since the financial crisis but still remains low. The economy has been recovering but...Tags: Oakdale, Financial Markets, Moody's Corporation, Local Government, Federal Reserve
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U.S. public pensions outperform peers in first quarter: Wilshire
Reuters(Reuters) - U.S. public pension funds outperformed their peers in the first quarter of 2013, largely because of their greater exposure to equities assets, data from Wilshire Associates showed. Public pensions returned a median 5.2 percent in the first...Tags: Finance, Pension and Welfare, Interior Policy
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Moneda de México sube por panorama de reformas y deuda local, bolsa sube
Reuters* Optimismo por nota deuda y avance de reformas impulsa al peso * Bolsa sube, destacan acciones de filial local Santander MEXICO DF, 7 mayo (Reuters) - La moneda de México saltaba el martes a su mejor nivel en más de tres semanas, impulsada por el...Tags: Australia
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LIVESTOCK-Most U.S. hogs futures gain as funds roll positions
Reuters* Weak cash expectations drop CME live cattle * Feeder cattle futures track live cattle lower By Theopolis Waters CHICAGO, May 7 (Reuters) - Chicago Mercantile Exchange hog futures settled mostly firm on Tuesday as funds sold the spot-June contract and...Tags: U.S. Department of Agriculture, Memorial Day, Goldman Sachs Group, Inc.
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