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Stocks

(most talked about stocks of the last 24 hours)

BALT - BDI - COP - CVX - VIAB - AIG - TWX - BAC - SKS - K - AMR - C - TM - XOM - J

Top Stories

(most popular stories in the last 24 hours)

Brown would take UK back to 70s stagnation: opposition
2010/03/10 - 06:20AM EST
LONDON (Reuters) - A re-elected Labour government would preside over a backwards-looking Britain saddled with risky debt and 1970s-style trade union domination, the opposition Conservatives will charge on Wednesday.
Economists trim 2011 U.S. growth forecast
2010/03/10 - 05:40AM EST
WASHINGTON (Reuters) - U.S. economists raised their forecast for economic growth in 2010 in March, the third straight monthly rise, while trimming their growth forecast for 2011, according to a survey released on Wednesday.
Toyota, U.S. officials investigate runaway Prius
2010/03/10 - 04:02AM EST
TM
LOS ANGELES/DETROIT (Reuters) - U.S. safety regulators and Toyota dispatched teams on Tuesday to inspect a Prius that sped out of control on a California freeway a day earlier, as the automaker struggled to reassure consumers shaken by its recall crisis.
Woods practice reports set tour tongues wagging
2010/03/10 - 02:57AM EST
MIAMI (Reuters) - Media reports that Tiger Woods is working with his swing coach Hank Haney have leading golfers talking of a possible return to action for the world number one.
Factbox: How do you slow down a runaway car?
2010/03/10 - 02:29AM EST
(Reuters) - The case of a Toyota Prius that sped out of control on a California freeway near San Diego for 30 miles renewed attention on Toyota's recalls for sudden, unintended acceleration.
Democrats doubt deadline on healthcare
2010/03/10 - 02:23AM EST
WASHINGTON (Reuters) - Congressional Democrats on Tuesday cast doubt on their chances of meeting the White House's March 18 deadline for voting on a stalled healthcare overhaul, but said they are moving as fast as they can.
Obama backs bipartisan crackdown on healthcare cheats
2010/03/10 - 02:09AM EST
WASHINGTON (Reuters) - President Barack Obama, making a final push for healthcare reform, will back bipartisan plans to stamp out waste in government-run medical programs for the old and needy, the White House said on Tuesday.
Accused Letterman extortionist pleads guilty
2010/03/10 - 02:03AM EST
NEW YORK (Reuters) - A television producer pleaded guilty Tuesday to trying to extort $2 million from U.S. talk show host David Letterman by threatening to reveal his affairs with women who worked on his late-night program on CBS.
Visiting Biden condemns new Israel settlement plan
2010/03/09 - 11:25PM EST
JERUSALEM (Reuters) - Vice President Joe Biden on Tuesday condemned Israeli plans to build 1,600 more homes on occupied land where Palestinians seek statehood, announced in the middle of his visit to help revive peace negotiations.
Accused Letterman extortionist pleads guilty
2010/03/09 - 09:58PM EST
CBS
NEW YORK (Reuters) - A television producer pleaded guilty on Tuesday to trying to extort $2 million from U.S. talk show host David Letterman by threatening to reveal his affairs with women who worked on his late-night program on CBS.


All Stories

(news stories from the last 24 hours)

Market News

UPDATE 1-Market Chatter -- Corporate finance press digest
2010/03/10 - 06:37AM EST
C
BANGALORE, March 10 (Reuters) - The following corporatefinance-related stories were reported by media on Wednesday:
UPDATE 1-TSMC Q1 target seen on track after Feb sales
2010/03/10 - 06:37AM EST
UMC TSM
TAIPEI, March 10 (Reuters) - Top contract chipmaker TSMC posted stronger February sales on Wednesday asit is on track to reach its first-quarter sales target due togrowing tech demand.
UPDATE 2-AIG could learn fate of Taiwan unit deal soon
2010/03/10 - 06:28AM EST
MET AIG
* Conditions state funding must adhere to Taiwan regulations
Nikkei flat; machine stocks gain but Toyota falls
2010/03/10 - 06:10AM EST
TOKYO, March 10 (Reuters) - Japan's Nikkei average was flaton Wednesday, with gains for machine stocks afterbetter-than-expected machinery orders helping to offset a dropfor recall-hit Toyota Motor Corp after an incidentinvolving a Prius in the United States.
Pelosi faces biggest test on U.S. healthcare vote
2010/03/10 - 06:00AM EST
WASHINGTON, March 10 (Reuters) - The leader of the U.S.House of Representatives -- a persuasive arm-twister and dealmaker -- faces her toughest challenge yet in the coming weeks:getting 216 votes to pass final legislation revamping the U.S.healthcare system.
DIARY - European Central Bank (ECB) events to April 22
2010/03/10 - 06:00AM EST
====================================================== This diary includes speeches and public appearances by members of the ECB'sGoverning Council, which sets monetary policy for the 16nation euro zone.Refinancing tenders are listed at the bottom of this diary.
DIARY - Germany - to April 8
2010/03/10 - 06:00AM EST
For Today in Germany diary double-click on [DE/DIARY]
DIARY - Economic Indicators in Germany from March 10
2010/03/10 - 06:00AM EST
======================================================
AIG devices new formula to determine employee bonuses - WSJ
2010/03/10 - 05:55AM EST
AIG
March 10 (Reuters) - American International Group Inc has formulated a new "forced ranking" system todetermine bonuses and rate employee performance, Wall StreetJournal said, citing people familiar with the matter.
Q+A-Is there a WTO case against Chinese Internet censorship?
2010/03/10 - 05:48AM EST
BEIJING, March 10 (Reuters) - The United States is studyingwhether it could launch a WTO challenge against ChineseInternet restrictions that affect Google and other U.S.companies operating in China. [ID:nN09251360]

Business News

Swiss Re sees $4-$7 billion insurance losses from quake
2010/03/10 - 06:37AM EST
ZURICH (Reuters) - Swiss Re said on Wednesday the insurance sector stood to lose $4-$7 billion from the earthquake in Chile, a sum unlikely to bring the long hoped-for increase in reinsurance prices.
AIG devises new formula for employee bonuses: report
2010/03/10 - 05:56AM EST
AIG
(Reuters) - American International Group Inc has formulated a new "forced ranking" system to determine bonuses and rate employee performance, Wall Street Journal said, citing people familiar with the matter.
Economists trim 2011 U.S. growth forecast
2010/03/10 - 05:40AM EST
WASHINGTON (Reuters) - U.S. economists raised their forecast for economic growth in 2010 in March, the third straight monthly rise, while trimming their growth forecast for 2011, according to a survey released on Wednesday.
BofA ending overdraft fees on debit cards
2010/03/10 - 03:17AM EST
BAC
NEW YORK/CHARLOTTE, North Carolina (Reuters) - Bank of America said on Tuesday it will no longer charge overdraft fees on debit card purchases as of this summer, a move that may cost millions in fee income.
Toyota to fix more Tundras for rust problems
2010/03/10 - 12:22AM EST
F
DETROIT (Reuters) - Toyota said on Tuesday it would fix all Tundra pickups sold in the United States for the 2000 to 2003 model years to address a risk that part of the truck's frame could corrode, causing spare tires or even the gas tank to drop to the road.
Greece says G20 to review financial speculation
2010/03/10 - 12:08AM EST
WASHINGTON (Reuters) - Greece, pressing for curbs on financial speculation it blames for worsening the country's debt crisis, said on Tuesday the idea would be examined by the Group of 20 leading powers at their next summit.
Chevron seeks UK refinery sale, to cut 2,000 jobs
2010/03/09 - 11:58PM EST
XOM CVX
NEW YORK (Reuters) - Chevron Corp , the second-largest U.S. oil company, put some of its downstream operations up for sale, including its Pembroke refinery in the UK, and said it would eliminate 2,000 jobs this year.
Senators to seek wider "Volcker rule"
2010/03/09 - 11:55PM EST
WASHINGTON (Reuters) - Two Senate Democrats said they will propose on Wednesday placing new limits on proprietary trading by banks and nonbank financial firms, widening the 'Volcker rule' backed by the White House.
Cisco leapfrogs rivals with faster router
2010/03/09 - 11:54PM EST
T PR VZ
NEW YORK (Reuters) - Cisco Systems Inc introduced its first major new routers in six years and said they can be configured to handle Internet traffic up to 12 times faster than rival products.
J Crew beats in quarter, posts robust sales
2010/03/09 - 11:53PM EST
GPS JCG
SAN FRANCISCO (Reuters) - Apparel retailer J Crew Group Inc on Tuesday posted a net profit in its holiday quarter that beat Wall Street estimates, helped by tight inventory and double-digit sales growth.

Economic News

DIARY - Germany - to April 8
2010/03/10 - 06:00AM EST
For Today in Germany diary double-click on [DE/DIARY]
DIARY - Economic Indicators in Germany from March 10
2010/03/10 - 06:00AM EST
======================================================
Economists trim 2011 U.S. growth forecast
2010/03/10 - 05:01AM EST
WASHINGTON, March 10 (Reuters) - U.S. economists raisedtheir forecast for economic growth in 2010 in March, the thirdstraight monthly rise, while trimming their growth forecast for2011, according to a survey released on Wednesday.
US truck fuel purchase index falls in February
2010/03/10 - 05:01AM EST
NEW YORK, March 10 (Reuters) - An index tracking truck stopfuel purchases fell in February, suggesting a potential slowingin U.S. economic activity, according to a private surveyreleased on Wednesday.
RPT-UPDATE 1-Japan machine orders show capex will be slow
2010/03/10 - 01:11AM EST
* Manufacturers' capex growing slowly due to external demand
TABLE-Japan Jan core machinery orders -3.7 pct mth/mth
2010/03/09 - 11:56PM EST
(For more stories on the Japanese economy, click [ID:nECONJP])
UPDATE 3-US airlines cite recovery signs, bolstering shares
2010/03/09 - 10:09PM EST
AAI LCC AMR CAL DAL
* Airline shares up (Adds comments from US Airways, Delta, analyst, updatesshares)
US consumer confidence unchanged in latest week - ABC
2010/03/09 - 10:07PM EST
NEW YORK, March 9 (Reuters) - ABC News said on Tuesday itsweekly measure of U.S. consumer confidence was unchanged indeep negative territory in the latest week.
DIARY - Today in Washington - March 10
2010/03/09 - 08:58PM EST
---------------------------------------------------------
PREVIEW-Snowstorms seen damping U.S. Feb retail sales
2010/03/09 - 07:48PM EST
* The median forecast for retail sales is for a fall of 0.2percent after a 0.5 percent rise in January. Forecasts rangefrom a drop of 1.0 percent to an increase of 0.9 percent.


Funds News

PRESS DIGEST - New York Times business news - March 10
2010/03/10 - 05:38AM EST
MRK J BAC
March 10 (Reuters) - The following were the top stories inthe New York Times business pages on Wednesday. Reuters has notverified these stories and does not vouch for their accuracy.
PRESS DIGEST - Wall Street Journal - March 10
2010/03/10 - 05:17AM EST
AIG BAC BDK SWK
March 10 (Reuters) - The following were the top stories inThe Wall Street Journal on Wednesday. Reuters has not verifiedthese stories and does not vouch for their accuracy.
Pvt equity firm Apollo to buy Citi Property Investors -Bloomberg
2010/03/10 - 05:13AM EST
C
March 10 (Reuters) - U.S. private equity firm ApolloManagement LP [APOLO.UL] has agreed to buy Citigroup's real estate investment division, Bloomberg said, citing aperson with knowledge of the deal.
UPDATE 1-Market Chatter -- Corporate finance press digest
2010/03/10 - 06:37AM EST
C
BANGALORE, March 10 (Reuters) - The following corporatefinance-related stories were reported by media on Wednesday:
Deals of the day -- mergers and acquisitions
2010/03/10 - 04:35AM EST
March 10 (Reuters) - The following bids, mergers,acquisitions and disposals involving European, U.S. and Asiancompanies were reported by 0400 GMT on Wednesday.
UPDATE 1-Japan public pension fund to keep asset model-Nikkei
2010/03/10 - 03:35AM EST
* GPIF holds assets of $1.4 trln, larger than GDP of India (Adds comparisons with Calpers, debate on higher returns)
CORPORATE ASIA SNAPSHOT-The Pru, Prius and price of iron ore
2010/03/10 - 03:31AM EST
AIG
---------------------- RESOURCES -------------------------
UPDATE 1-BofA ending overdraft fees on debit cards
2010/03/10 - 02:55AM EST
BAC
* Company will announce more details during Q1 earnings (Adds details of change, bylines; previous dateline NEW YORK)
BofA ending overdraft fees on debit cards - NYT
2010/03/10 - 02:10AM EST
BAC
NEW YORK, March 9 (Reuters) - Bank of America onTuesday said it will no longer charge overdraft fees onpurchases made with debit cards, a decision that could cost ittens of millions a year in revenue and pressure other banks tofollow suit, the New York Times said.
Obama backs bipartisan crackdown on healthcare cheats
2010/03/10 - 02:00AM EST
WASHINGTON, March 9 (Reuters) - President Barack Obama,making a final push for healthcare reform, will back bipartisanplans to stamp out waste in government-run medical programs forthe old and needy, the White House said on Tuesday.

Private Equity

UPDATE 1-Market Chatter -- Corporate finance press digest
2010/03/10 - 06:37AM EST
C
BANGALORE, March 10 (Reuters) - The following corporatefinance-related stories were reported by media on Wednesday:
Pvt equity firm Apollo to buy Citi Property Investors -Bloomberg
2010/03/10 - 05:13AM EST
C
March 10 (Reuters) - U.S. private equity firm ApolloManagement LP [APOLO.UL] has agreed to buy Citigroup's real estate investment division, Bloomberg said, citing aperson with knowledge of the deal.
Carlyle hires advisers to sell Arinc - source
2010/03/10 - 12:39AM EST
AMR GR LLL LMT GS
NEW YORK, March 9 (Reuters) - Private equity firm Carlyle[CYL.UL] has hired Goldman Sachs Group Inc to sellaerospace and defense company Arinc, a source familiar with thematter told Reuters.
UPDATE 3-Neiman Marcus posts profit as sales start improving
2010/03/10 - 12:09AM EST
J SKS
* Adj. oper. profit $67.1 mln vs $32.6 mln loss year ago
Glaxo signs second Cellzome drug discovery deal
2010/03/10 - 12:01AM EST
LONDON, March 10 (Reuters) - GlaxoSmithKline hasstrengthened its ties with Anglo-German biotech company Cellzomeby signing a second drug discovery deal worth up to 508 millioneuros ($690 million).
MGM expected to draw six bids by March 19-source
2010/03/09 - 08:03PM EST
LGF TWX
LOS ANGELES, March 9 (Reuters) - Six companies are expectedto make binding offers for storied Hollywood studioMetro-Goldwyn-Mayer [MGMYR.UL] by a newly set March 19deadline, a source familiar with the situation said onTuesday.
UPDATE 2-Neiman Marcus posts profit as sales start improving
2010/03/09 - 06:04PM EST
J SKS
* Adj. oper. profit $67.1 mln vs $32.6 mln loss year ago
Buyout firms bid for UK greetings card chain-sources
2010/03/09 - 05:49PM EST
* Bids of up to 400 mln stg for Card Factory, sources say
UPDATE 1-GMAC Financial CFO joins private equity firm
2010/03/09 - 03:27PM EST
BAC
NEW YORK, March 9 (Reuters) - Private equity firmProvidence Equity Partners said on Tuesday it hired RobertHull, the chief financial officer of bailed out U.S. lenderGMAC Financial Services.
REFILE-UPDATE 2-Shanks walks away from Carlyle buyout talks
2010/03/09 - 12:56PM EST
* Revised offer was below initial 135 pence/share approach

Bonds News

Pelosi faces biggest test on U.S. healthcare vote
2010/03/10 - 06:00AM EST
WASHINGTON, March 10 (Reuters) - The leader of the U.S.House of Representatives -- a persuasive arm-twister and dealmaker -- faces her toughest challenge yet in the coming weeks:getting 216 votes to pass final legislation revamping the U.S.healthcare system.
DIARY - Germany - to April 8
2010/03/10 - 06:00AM EST
For Today in Germany diary double-click on [DE/DIARY]
US truck fuel purchase index falls in February
2010/03/10 - 05:01AM EST
NEW YORK, March 10 (Reuters) - An index tracking truck stopfuel purchases fell in February, suggesting a potential slowingin U.S. economic activity, according to a private surveyreleased on Wednesday.
DIARY - Belgium to end May 2010
2010/03/10 - 05:00AM EST
Reuters publishes a Western European company diary coveringearnings, shareholder meetings, news conferences and analystmeetings. Double-click on [WEU/EQUITY] or type in the code andhit F9.
DIARY - Today in Belgium/Luxembourg - March 10
2010/03/10 - 05:00AM EST
Reuters publishes a Western European company diary coveringearnings, shareholder meetings, news conferences and analystmeetings. Click on [WEU/EQUITY] or type in the code and hit F9.
TREASURIES-Steady in Asia before 10-year auction
2010/03/10 - 04:54AM EST
TOKYO, March 10 (Reuters) - U.S. Treasuries drifted sidewaysin Asia on Wednesday as investors waited for a 10-year noteauction following a well-bid three-year note sale the previousday.
Deals of the day -- mergers and acquisitions
2010/03/10 - 04:35AM EST
March 10 (Reuters) - The following bids, mergers,acquisitions and disposals involving European, U.S. and Asiancompanies were reported by 0400 GMT on Wednesday.
UPDATE 1-Japan public pension fund to keep asset model-Nikkei
2010/03/10 - 03:35AM EST
* GPIF holds assets of $1.4 trln, larger than GDP of India (Adds comparisons with Calpers, debate on higher returns)
UPDATE 1-BofA ending overdraft fees on debit cards
2010/03/10 - 02:55AM EST
BAC
* Company will announce more details during Q1 earnings (Adds details of change, bylines; previous dateline NEW YORK)
JGB yield curve flattens a bit after strong tender
2010/03/10 - 02:41AM EST
TOKYO, March 10 (Reuters) - The yield curve for Japanesegovernment bonds flattened slightly on Wednesday, with the five-to 30-year spread pulling back from a four-year high, assuperlong yields dipped after the previous day's strong 30-yeardebt sale.

New Issues News

CORPORATE ASIA SNAPSHOT-The Pru, Prius and price of iron ore
2010/03/10 - 03:31AM EST
AIG
---------------------- RESOURCES -------------------------
UPDATE 2-Shipping co IPO prices at low end-underwriter
2010/03/10 - 12:26AM EST
BDI CRU K BALT
* Sold 16.3 mln shares, raised about $228.2 mln (Adds detail on Baltic's ships, the Baltic Exchange index,Crude Carriers, byline)
UPDATE 1-Baltic Trading IPO prices at low end-underwriter
2010/03/09 - 11:54PM EST
BDI K BALT
NEW YORK, March 9 (Reuters) - Money-losing dry bulk shipperBaltic Trading Ltd priced shares in its initial publicoffering at the bottom of the expected price range, anunderwriter said on Tuesday.
Baltic Trading IPO prices at low end - underwriter
2010/03/09 - 11:46PM EST
BALT
NEW YORK, March 9 (Reuters) - Dry bulk shipper BalticTrading Ltd priced shares in its initial publicoffering at the bottom of the expected price range on Tuesday,an underwriter said.
UPDATE 2-Brazil CSN says spin-off of units to boost value
2010/03/09 - 09:28PM EST
* Shares rally on upbeat tone for growth (Adds details on timing for IPOs, share prices, comments)
Brazil's CSN plans Casa de Pedra IPO by June 30-chairman
2010/03/09 - 01:38PM EST
SID
SAO PAULO, March 9 (Reuters) - CSN ,Brazil's biggest diversified steelmaking group, plans to hire afinancial adviser by April 2 to help it with the initial publicoffering of its massive Casa de Pedra iron ore mine, ChairmanBenjamin Steinbruch said on Tuesday.
DEALTALK-Spurned by banks, China property firms court PE funds
2010/03/09 - 08:32AM EST
C
* Developers turn to buyout funds as banks tighten loans
Hong Kong IPO Pipeline - March 9
2010/03/09 - 06:55AM EST
HONG KONG, March 9 (Reuters) - The following are some of themajor companies planning initial public offerings on the HongKong stock exchange.
FACTBOX-Top 10 Indian IPOs Listed on foreign exchanges
2010/03/08 - 01:46PM EST
March 8 - Indian conglomerate Essar Group plans to raise about $2.5 billionto $3 billion by listing its energy and power businesses on the London bourse inlate April, tapping new investors to fund ambitious expansion plans, sourcessaid. [ID:nSGE62706D]
UPDATE 3-UK's Prudential aims to widen cash-call appeal
2010/03/08 - 03:46PM EST
AIG
* Says aiming for Hong Kong listing prior to rights issue

Forex News

PRESS DIGEST - Wall Street Journal - March 10
2010/03/10 - 05:17AM EST
AIG BAC BDK SWK
March 10 (Reuters) - The following were the top stories inThe Wall Street Journal on Wednesday. Reuters has not verifiedthese stories and does not vouch for their accuracy.
US truck fuel purchase index falls in February
2010/03/10 - 05:01AM EST
NEW YORK, March 10 (Reuters) - An index tracking truck stopfuel purchases fell in February, suggesting a potential slowingin U.S. economic activity, according to a private surveyreleased on Wednesday.
UPDATE 1-Japan public pension fund to keep asset model-Nikkei
2010/03/10 - 03:35AM EST
* GPIF holds assets of $1.4 trln, larger than GDP of India (Adds comparisons with Calpers, debate on higher returns)
MySpace readies site overhaul to rekindle growth
2010/03/10 - 03:15AM EST
VIAB
SAN FRANCISCO, March 9 (Reuters) - With shrinkingaudiences, deep layoffs and two management shake-ups, NewsCorp's MySpace, the one-time leader in Internetsocial networking, has had a rocky year.
PRESS DIGEST - Financial Times - March 10
2010/03/10 - 02:39AM EST
MERLIN STILL OPEN TO LISTING AFTER 16 PERCENT EARNINGS RISE
UPDATE 1-Japan finmin wary of policy accord with BOJ
2010/03/10 - 01:44AM EST
(For more stories on the Japanese economy, click [ID:nECONJP])
Cheap natural gas could generate demand and tight supply
2010/03/10 - 01:39AM EST
* Gas a bridge between carbon-intensive fossil fuels andalternatives
Argentine president says open to bill to tap reserves
2010/03/10 - 01:15AM EST
BUENOS AIRES, March 9 (Reuters) - Argentina's presidentsignaled on Tuesday she might support a congressional billallowing her to use foreign reserves to pay debt, a move thatcould defuse political tensions over the controversial plan.
UPDATE 1-US Democrats doubt March 18 deadline on healthcare
2010/03/10 - 12:41AM EST
* Democrats still putting together bill, seeking votes (Adds Durbin, Pelosi quotes, paragraphs 8, 10)
Carlyle hires advisers to sell Arinc - source
2010/03/10 - 12:39AM EST
AMR GR LLL LMT GS
NEW YORK, March 9 (Reuters) - Private equity firm Carlyle[CYL.UL] has hired Goldman Sachs Group Inc to sellaerospace and defense company Arinc, a source familiar with thematter told Reuters.

ETF News

PRESS DIGEST - New York Times business news - March 10
2010/03/10 - 05:38AM EST
MRK J BAC
March 10 (Reuters) - The following were the top stories inthe New York Times business pages on Wednesday. Reuters has notverified these stories and does not vouch for their accuracy.
PRESS DIGEST - Wall Street Journal - March 10
2010/03/10 - 05:17AM EST
AIG BAC BDK SWK
March 10 (Reuters) - The following were the top stories inThe Wall Street Journal on Wednesday. Reuters has not verifiedthese stories and does not vouch for their accuracy.
Pvt equity firm Apollo to buy Citi Property Investors -Bloomberg
2010/03/10 - 05:13AM EST
C
March 10 (Reuters) - U.S. private equity firm ApolloManagement LP [APOLO.UL] has agreed to buy Citigroup's real estate investment division, Bloomberg said, citing aperson with knowledge of the deal.
UPDATE 1-Market Chatter -- Corporate finance press digest
2010/03/10 - 06:37AM EST
C
BANGALORE, March 10 (Reuters) - The following corporatefinance-related stories were reported by media on Wednesday:
Deals of the day -- mergers and acquisitions
2010/03/10 - 04:35AM EST
March 10 (Reuters) - The following bids, mergers,acquisitions and disposals involving European, U.S. and Asiancompanies were reported by 0400 GMT on Wednesday.
UPDATE 1-Japan public pension fund to keep asset model-Nikkei
2010/03/10 - 03:35AM EST
* GPIF holds assets of $1.4 trln, larger than GDP of India (Adds comparisons with Calpers, debate on higher returns)
CORPORATE ASIA SNAPSHOT-The Pru, Prius and price of iron ore
2010/03/10 - 03:31AM EST
AIG
---------------------- RESOURCES -------------------------
UPDATE 1-BofA ending overdraft fees on debit cards
2010/03/10 - 02:55AM EST
BAC
* Company will announce more details during Q1 earnings (Adds details of change, bylines; previous dateline NEW YORK)
BofA ending overdraft fees on debit cards - NYT
2010/03/10 - 02:10AM EST
BAC
NEW YORK, March 9 (Reuters) - Bank of America onTuesday said it will no longer charge overdraft fees onpurchases made with debit cards, a decision that could cost ittens of millions a year in revenue and pressure other banks tofollow suit, the New York Times said.
Obama backs bipartisan crackdown on healthcare cheats
2010/03/10 - 02:00AM EST
WASHINGTON, March 9 (Reuters) - President Barack Obama,making a final push for healthcare reform, will back bipartisanplans to stamp out waste in government-run medical programs forthe old and needy, the White House said on Tuesday.

Financial Services and Real Estate

Alfa Bank $600 mln bond to pay 8.0% coupon -source
2010/03/10 - 06:41AM EST
MOSCOW, March 10 (Reuters) - Alfa Bank, Russia's largestprivate lender, sold $600 million of five-year Eurobonds with acoupon of 8 percent, at the lower end of guidance, a tradingsource told Reuters on Wednesday.
UPDATE 1-Market Chatter -- Corporate finance press digest
2010/03/10 - 06:37AM EST
C
BANGALORE, March 10 (Reuters) - The following corporatefinance-related stories were reported by media on Wednesday:
UPDATE 1-Swiss Re sees $4-$7 bln insurance losses from quake
2010/03/10 - 06:35AM EST
* Sees own losses from Chile quake at around $500 million
UPDATE 1-Metropolitan '09 profit down on higher policy lapses
2010/03/10 - 06:30AM EST
* Food and transport inflation, unemployment still challenge
CORRECTED - BRIEF-Metropolitan says FY diluted core headline EPS down 7 pct
2010/03/10 - 06:27AM EST
JOHANNESBURG, March 10 (Reuters) - Metropolitan HoldingsLimited : * Metropolitan says FY diluted earnings per shareincreased to 188 cents * Metropolitan says FY dividend increased to 100 centsper share * Metropolitan says FY return on embedded valueincreased 12 percent * Metropolitan says FY embedded value increased 6% to1 811 cents per share * Metropolitan says FY diluted core headline earningsp
Dexia says selling most of Assured Guaranty stake
2010/03/10 - 06:13AM EST
AGO
BRUSSELS, March 10 (Reuters) - Belgian-French financialservices group Dexia said it was disposing of most ofthe shares in Assured Guaranty Ltd it received for thesale of its U.S. bond insurer FSA.
Nikkei flat; machine stocks gain but Toyota falls
2010/03/10 - 06:10AM EST
TOKYO, March 10 (Reuters) - Japan's Nikkei average was flaton Wednesday, with gains for machine stocks afterbetter-than-expected machinery orders helping to offset a dropfor recall-hit Toyota Motor Corp after an incidentinvolving a Prius in the United States.
Seoul shares end flat; foreign buying helps
2010/03/10 - 06:07AM EST
SEOUL, March 10 (Reuters) - Seoul shares ended relativelyflat on Wednesday with losses in financial issues including KBFinancial Group weighing on the market, but continuedbuying by foreign investors lent the market support.
Tokyo Rakutenchi <8842.T>-2009/10 parent results
2010/03/10 - 06:00AM EST
Year ended Year ended Year to Six months to
Tokyo Rakutenchi <8842.T>-2009/10 group results
2010/03/10 - 06:00AM EST
Year ended Year ended Year to Six months to

Consumer Goods And Retail News

TABLE-Stream <3071.T>-2009/10 group forecast
2010/03/10 - 06:01AM EST
CONSOLIDATED EARNINGS ESTIMATES (in billions of yen unless specified)
TABLE-Sato Foods <2923.T>-9-mth parent results
2010/03/10 - 06:00AM EST
9 months ended 9 months ended Year to
Kintetsu Department Store <8244.OS>-2009/10 group
2010/03/10 - 06:00AM EST
CONSOLIDATED EARNINGS ESTIMATES (in billions of yen unless specified)
TABLE-Kintetsu Department Store <8244.OS>-2009/10
2010/03/10 - 06:00AM EST
PARENT-ONLY EARNINGS ESTIMATES (in billions of yen unless specified)
TABLE-CITIC Pacific yearly net returns to profit
2010/03/10 - 04:48AM EST
Net 5,950 profit vs 12,687 loss
TABLE-Indonesia's London Sumatra 2009 profit down 24 pct
2010/03/10 - 04:42AM EST
JAKARTA, March 10 (Reuters) - Indonesian plantation firm,PT Perusahaan Perkebunan London Sumatra Tbk , posted a23.7 percent decline in net profit in 2009 due to lower pricesof palm oil products, it said in a statement on Wednesday.
WRAPUP 2-Toyota, U.S. officials investigate runaway Prius
2010/03/10 - 04:00AM EST
TM
* U.S. regulators dispatch two investigators to California
CORRECTED - CORRECTED-WRAPUP 1-Toyota, U.S. officials investigate runaway Pr
2010/03/10 - 03:22AM EST
TM
* U.S. regulators dispatch two investigators to California
UPDATE 1-De Niro signs up to play football icon Lombardi
2010/03/10 - 02:55AM EST
TWX DIS GE VIAB
LOS ANGELES, March 9 (Reuters) - He has played killers andcops in the movies, and two-time Oscar winner Robert De Niromay soon take on the role of iconic U.S. football coach VinceLombardi in a film backed by sports television network ESPN.
Vietnam Feb auto sales drop 25 pct yr/yr-industry
2010/03/10 - 02:36AM EST
HANOI, March 10 (Reuters) - Vietnamese auto sales inFebruary dropped 25 percent from a year before to 5,030 units,an industry report said on Wednesday, reflecting a week-longholiday during the month to mark the Lunar New Year.

Energy News

Showa Shell sees Apr-Jun crude runs at 7.4 mln kl
2010/03/10 - 06:41AM EST
TOKYO, March 10 (Reuters) - Showa Shell Sekiyu KK ,Japan's fifth-largest refiner, said on Wednesday it plans torefine 7.4 million kilolitres of crude oil between April andJune, compared with 6.3 million kilolitres in the same periodlast year.
Idemitsu sees 2010/11 crude refining down 4 pct y/y
2010/03/10 - 06:04AM EST
TOKYO, March 10 (Reuters) - Idemitsu Kosan Co ,Japan's third-largest refiner, said on Wednesday it plans torefine 26 million kilolitres of crude oil in the business yearstarting on April 1, down 4 percent from the current year.
Cheap natural gas could generate demand and tight supply
2010/03/10 - 01:39AM EST
* Gas a bridge between carbon-intensive fossil fuels andalternatives
UPDATE 4-Chevron seeks UK refinery sale, to cut 2,000 jobs
2010/03/09 - 11:25PM EST
XOM CVX
* Targeting 1 pct oil/gas production growth through 2014
UPDATE 1-Approach Resources Q4 misses Wall Street
2010/03/09 - 10:55PM EST
March 9 (Reuters) - Approach Resources Inc reported an adjusted fourth-quarter profit that missedanalysts' estimates, as oil and gas sales fell 19 percent. The company said it expects 2010 total production of 8.9billion cubic feet of natural gas equivalent (bcfe) to 9.4bcfe.
ADR Report-ADRs slip on resources but Petrobras climbs
2010/03/09 - 10:43PM EST
PBR HMY B
NEW YORK, March 9 (Reuters) - U.S.-listed shares ofoverseas companies fell on Tuesday as retreating globalcommodity prices hurt resources stocks.
CERAWEEK-Oil companies take more risks with price rebound
2010/03/09 - 10:29PM EST
COP
HOUSTON, March 9 (Reuters) - A rebound in oil prices hasencouraged oil and gas companies to take more risks in theirquest for reserves, drilling deeper in more remote waters orfinding new sources of energy, top executives said on Tuesday.
Conoco to maintain long-term Lukoil relationship-CEO
2010/03/09 - 10:27PM EST
COP
HOUSTON, March 9 (Reuters) - The chief executive ofConocoPhillips said on Tuesday that his company plansto maintain its partnership with Russian oil major Lukoil .
UPDATE 1-CERAWEEK-PBF may eye Paulsboro after Del. deal-Valero
2010/03/09 - 10:18PM EST
BX VLO
* PBF, led by O'Malley's Petroplus, may buy Paulsboro too
UPDATE 1-EQT Corp to offer 12.5 mln shares, ups output view
2010/03/09 - 10:05PM EST
EQT
* Raises 2010 capex view by 41 pct to $1.2 bln * Ups '10production sales growth view to 26 pct


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