Lockhart Expects Economy to Pick Up in 2Q

TODAY: May 27, 2015 PUB DATE: April 1, 2015

STONE MOUNTAIN, Ga.--Federal Reserve Bank of Atlanta president Dennis Lockhart said he believes the U.S. economy will pick up in the second quarter, and the June to September window remains "quite feasible" for the central bank to start raising interest ...

U.S. Construction Spending-Historical -2-

TODAY: May 27, 2015 PUB DATE: April 1, 2015

Feb 05 1,056.7 1.9 12.3: 830.0 1.7 13.7: 208.3 2.6 7.5: 226.6 2.9 7.7 Jan 05 1,036.8 -0.1 10.2: 816.5 0.4 12.2: 203.0 -1.4 4.0: 220.3 -1.9 3.6 Dec 04 1,037.9 1.4 9.4: 813.5 1.9 10.6: 205.8 -0.6 4.7: 224.5 ...

Molson Coors Buys Indian Brewery Mount Shivalik

TODAY: May 27, 2015 PUB DATE: April 1, 2015

By Angela Chen Molson Coors Brewing Co. (TAP) has acquired Mount Shivalik Breweries Ltd. (507522.BY), maker of Thunderbolt beer, as the company continues its expansion into the Indian market. Financial terms weren't disclosed. The two companies started a partnership in ...

Lafarge, Holcim Get Clearance in India for Proposed Merger

TODAY: May 27, 2015 PUB DATE: April 1, 2015

By William Horobin PARIS--Cement makers Lafarge SA (LG.FR) and Holcim Ltd. (HCMLY) said Wednesday their planned merger is still on track after they received clearance from Indian competition authorities. France's Lafarge and Switzerland's Holcim are in the midst of a ...

Greece Presents More Detailed Bailout Plan

TODAY: May 27, 2015 PUB DATE: April 1, 2015

Greece made little headway in negotiations on Wednesday toward ending its standoff with its international creditors, leaving the government facing the prospect of at least another month without new financing and starved for cash. Athens handed over a more detailed ...

Global Dairy Prices Take a Further Spill in Overnight Auction

TODAY: May 27, 2015 PUB DATE: April 1, 2015

By Rebecca Howard WELLINGTON, New Zealand---International dairy prices fell further in the overnight GlobalDairyTrade auction for April 1, an international trading platform established by New Zealand's Fonterra Co-Operative Group Ltd. The GDT Price Index, which covers a variety of products ...

Bright House Makes Malone a Player Again

TODAY: May 27, 2015 PUB DATE: April 1, 2015

By Shalini Ramachandran Cable tycoon John Malone missed out on a big prize last year when the company he backs, Charter Communications Inc., failed in its bidto acquire Time Warner Cable Inc. But he's finding other ways to once again ...

A Sweet New Job for Comcast CFO Michael Angelakis

TODAY: May 27, 2015 PUB DATE: April 1, 2015

By Kimberly S. Johnson and Shalini Ramachandran Comcast Corp. is creating a $4.1 billion investment company in partnership with its chief financial officer, Michael J. Angelakis, to hunt for growth at home and abroad as the U.S. cable market matures. ...

Oil Prices Slip as Iran Nuclear Talks Continue--Update

TODAY: May 27, 2015 PUB DATE: April 1, 2015

By Georgi Kantchev LONDON--U.S. oil prices fell on Wednesday as investors tracked the Iranian nuclear talks and a buildup in U.S. oil supplies. On the New York Mercantile Exchange, light, sweet crude futures for delivery in May recently traded at ...

Asian Shares Mostly Lower

TODAY: May 27, 2015 PUB DATE: April 1, 2015

China shares gained Wednesday, extending a whirlwind first quarter rally, despite signs of weakness in the country's economy. Chinese firms trading in Hong Kong were up 1.3%, while the Shanghai Composite Index was up 0.7%. The latter benchmark of mainland ...

Draghi: We Want Inflation Hardening Around 2%

TODAY: May 27, 2015 PUB DATE: April 1, 2015

FRANKFURT--European Central Bank President Mario Draghi said in remarks published Wednesday that in assessing the path of inflation, the ECB will not only want to see inflation approach the 2% mark, but also hardening around that level. The remarks suggest ...

European Stocks Up on Signs Eurozone economy Picking Up--Update

TODAY: May 27, 2015 PUB DATE: April 1, 2015

By Tommy Stubbington European stocks climbed Wednesday after better than expected eurozone manufacturing data, a further sign that the region's economy is picking up. The Stoxx Europe 600 was 0.3% higher midmorning, bouncing back from early losses. The turnaround came ...

EUROPE MARKETS: European Stocks Rebound After Quarter-end Selloff

TODAY: May 27, 2015 PUB DATE: April 1, 2015

By Sara Sjolin, MarketWatch Better-than-forecast PMIs spur optimism for second quarter LONDON (MarketWatch) -- European stock markets started April on a strong footing on Wednesday after a solid round of manufacturing data, partly recovering from sharp losses the prior day ...

BOJ Tankan Big Manufacturers Index Unchanged

TODAY: May 27, 2015 PUB DATE: April 1, 2015

TOKYO--Sentiment among Japan's big manufacturers barely changed in the three months to January, the Bank of Japan's quarterly tankan survey showed Wednesday, despite expectations that the weak yen would improve their mood. The main index measuring sentiment among big manufacturers ...

Indonesia Inflation Picks Up in March Due to Higher Energy Prices

TODAY: May 27, 2015 PUB DATE: April 1, 2015

By I Made Sentana JAKARTA--Indonesia's inflation gathered pace in March due to higher energy prices as global oil prices recovered a bit during the month. The official Central Statistics Agency said Wednesday the year-on-year inflation in March was 6.38%, faster ...

Singapore Exchange Completes Inquiry Into Nov. 5 Market Breakdown

TODAY: May 27, 2015 PUB DATE: April 1, 2015

By Gaurav Raghuvanshi SINGAPORE--Singapore Exchange Ltd. (S68.SG) Wednesday said that a committee appointed by its board has completed its inquiry into a systems failure that led to a securities and derivatives markets outage for several hours on Nov. 5. The ...

Dollar Slumps on Soft U.S. Data

TODAY: May 27, 2015 PUB DATE: April 1, 2015

By James Ramage The dollar fell against the euro and the yen on Wednesday, as disappointing U.S. data for manufacturing and employment suggested a slowing economy in the first quarter. The euro rose to $1.0773 from $1.0752 ahead of the ...