Treasury Official Says Keep Currency Measures Out of Trade Talks

TODAY: April 19, 2015 PUB DATE: Feb. 19, 2015

WASHINGTON--The U.S. Treasury's top financial diplomat on Thursday said trade legislation shouldn't include measures that target currency policies of other countries. U.S. Treasury Under Secretary for International Affairs Nathan Sheets said lawmakers instead should allow the administration to continue to ...

Priceline Gives Soft Outlook For Current Quarter -- 2nd Update

TODAY: April 19, 2015 PUB DATE: Feb. 19, 2015

By Drew FitzGerald And Chelsey Dulaney Priceline Group Inc. warned the strengthening dollar could hamstring its growth this year, as its overseas earnings lose value on their trip back home. The online travel giant did brisk business over the holiday ...

French Premier: Greek PM's Letter to EU is Sign Solution is Possible

TODAY: April 19, 2015 PUB DATE: Feb. 19, 2015

By William Horobin PARIS--French Prime Minister Manuel Valls said Thursday Greece's request for an extension of its bailout is encouraging, marking some contrast with Germany's abrupt rejection of the request earlier in the day. "I take the latest declarations and ...

MARKET SNAPSHOT: S&P 500, Dow Slump As Oil Slides; Greece Deadlocked

TODAY: April 19, 2015 PUB DATE: Feb. 19, 2015

By Anora Mahmudova and Sara Sjolin, MarketWatch Priceline Group surges on earnings beat NEW YORK (MarketWatch)--U.S. stocks ended Thursday's thinly-traded session mostly lower, as investors grappled with a drop in oil prices and a continued impasse between Greece and its ...

FTC Files Suit Challenging Sysco-US Foods Merger -- 2nd Update

TODAY: April 19, 2015 PUB DATE: Feb. 19, 2015

By Brent Kendall And Annie Gasparro The Federal Trade Commission on Thursday sued to block Sysco Corp.'s acquisition of rival US Foods Inc., a long-awaited move that sets the stage for a major court battle over a plan to combine ...

Dollar Ticks Higher as U.S. Jobless Claims Fall

TODAY: April 19, 2015 PUB DATE: Feb. 19, 2015

By James Ramage The dollar edged higher against the euro and the yen on Thursday after a report showed fewer Americans filed for jobless claims, pointing to a strengthening U.S. labor market. The dollar increased 0.2% to 118.99 yen, while ...

Dollar Flat Against Yen After FOMC Minutes

TODAY: April 19, 2015 PUB DATE: Feb. 19, 2015

By Hiroyuki Kachi The dollar was almost flat against the yen in Asian trade Thursday, tracking overnight weakness after the U.S. Federal Reserve's last policy meeting minutes reduced hopes for higher interest rates around the middle of this year. Around ...

Japan January Exports +17.0% on Year

TODAY: April 19, 2015 PUB DATE: Feb. 19, 2015

TOKYO--Japan's exports continued to rebound in January while imports shrank, as the yen's sharp fall and the nation's powerful manufacturing industry helped the country deal with a weak domestic economy. Exports for the month grew 17% from a year ago, ...

Delphi Confirms Deals to Sell Air-Conditioning Businesses

TODAY: April 19, 2015 PUB DATE: Feb. 19, 2015

By Jeff Bennett Auto supplier Delphi Automotive PLC (DLPH) on Thursday confirmed it agreed to sell its automotive heating and cooling business to German competitor Mahle GmbH for about $727 million in a move that caps several years of refashioning ...

Centrica 2014 Adjusted EPS in Line With Guidance, Warns on 2015

TODAY: April 19, 2015 PUB DATE: Feb. 19, 2015

By Ian Walker LONDON--Natural gas firm Centrica PLC (CNA.LN) Thursday reported 2014 adjusted earnings per share of 19.2 pence, in line with its recently lowered guidance, and warned that 2015 adjusted earnings are below 2014, which it blamed on changes ...

Marathon Oil Further Reduces Projected 2015 Capital Spending

TODAY: April 19, 2015 PUB DATE: Feb. 19, 2015

By Maria Armental Marathon Oil Corp. further reduced its projected capital spending for 2015 amid lower commodity prices. The Houston company now expects to spend $3.52 billion in investment and exploration, down from its December estimate of $4.3 billion to ...

Greece Vows to Meet Financial Obligations

TODAY: April 19, 2015 PUB DATE: Feb. 19, 2015

ATHENS--Greece pledged Thursday to meet its financial obligations to creditors as it sought a six-month extension to its loan agreement in an effort to clinch a deal that would ensure further funding for the cash-strapped Greek government. In a carefully ...

EU Opens Investigation Into State Aid for U.K. Power Plant

TODAY: April 19, 2015 PUB DATE: Feb. 19, 2015

BRUSSELS--Plans by RWE AG (RWE.XE) to convert a U.K. coal-fired power plant to renewable energy will be examined by European Union authorities amid concerns that they could violate EU rules on unfair state aid. The European Commission, the EU's top ...

OECD Raises Italy's 2015 Growth Forecast

TODAY: April 19, 2015 PUB DATE: Feb. 19, 2015

By Giada Zampano ROME--The Organization for the Economic Cooperation and Development increased its forecast for Italy's growth this year to 0.6%, its head Angel Gurria said Thursday. In its 2015 survey released on Thursday, the OECD said it expects the ...

Brazil General Price Index Up 0.16% between Jan.21- Feb.10

TODAY: April 19, 2015 PUB DATE: Feb. 19, 2015

By Rogerio Jelmayer SAO PAULO--Brazil's general price index rose 0.16% between January 21 - February 10, compared with a 0.55% rise in the December 21 - January 10 period, according to data published Thursday by the private Getulio Vargas Foundation. ...

U.S. Jobless Claims Fall to 283,000 in Latest Week--Update

TODAY: April 19, 2015 PUB DATE: Feb. 19, 2015

By Kate Davidson The number of Americans filing new claims for jobless benefits fell last week, the latest sign of improvement in the labor market. Initial jobless claims decreased by 21,000 to a seasonally adjusted 283,000 in the week ended ...

CURRENCIES: Dollar Rises As Germany Rejects Greek Bailout Extension

TODAY: April 19, 2015 PUB DATE: Feb. 19, 2015

By Joseph Adinolfi, MarketWatch , Hiroyuki Kachi Dollar recovers from prior session's losses NEW YORK (MarketWatch) -- The dollar recovered Thursday from losses that followed the release of minutes from the Federal Reserve's January meeting, which suggested the central bank ...