U.S. Consumer Credit-Historical - Jun 5 -2-

TODAY: Aug. 4, 2015 PUB DATE: June 5, 2015

Feb 04 2,095.3 7.1 772.4 1.7 1,323.0 5.4 Jan 04 2,088.2 NA 770.7 NA 1,317.6 NA Write to Kareema Clark at csstat@dowjones.com (END) Dow Jones Newswires June 05, 2015 17:21 ET (21:21 GMT) Copyright (c) 2015 Dow Jones & Company, ...

Too Faced Cosmetics Gains New Investor

TODAY: Aug. 4, 2015 PUB DATE: June 4, 2015

By Serena Ng Investment firm General Atlantic LLC is acquiring a majority stake in California-based makeup brand Too Faced, a fast-growing company with a nontraditional approach to high-priced cosmetics. Terms of the transaction weren't disclosed, but a person familiar with ...

Australia's Trade Deficit Widens

TODAY: Aug. 4, 2015 PUB DATE: June 4, 2015

By Vera Sprothen SYDNEY--Australia's trade deficit more than tripled in April as the value of resource exports fell sharply, eclipsing a rise in imports of capital goods. The country recorded a A$3.9 billion trade deficit in April, wider than the ...

Connecticut Legislature Approves Budget

TODAY: Aug. 4, 2015 PUB DATE: June 4, 2015

By Joseph De Avila HARTFORD, Conn.--The Legislature approved a $40.29 billion, two-year budget late Wednesday that raises taxes on businesses and the state's wealthiest residents, despite objections from Republicans and some of Connecticut's biggest employers. The Democratic-controlled Senate passed the ...

Weak Data Rattles Australia

TODAY: Aug. 4, 2015 PUB DATE: June 4, 2015

SYDNEY?Confidence in Australia's economy was rattled Thursday by government figures showing retail-sales growth stalled in April and that the country's trade deficit ballooned in the same month. Economists had been expecting retail sales to climb by 0.3% from March following ...

Australia Shares End Down 1.4%, Extending Gloomy Week

TODAY: Aug. 4, 2015 PUB DATE: June 4, 2015

By Ross Kelly SYDNEY--Australian stocks slumped 1.4% Thursday after rising global bond yields diminished the appeal of dividendplays, putting the market on track for its worst weekly performance in three years. "There is no denying that things are looking a ...

Irish Budget Watchdog Faults Government Plans

TODAY: Aug. 4, 2015 PUB DATE: June 4, 2015

Ireland's budget watchdog on Thursday criticized the government's plans for eliminating its budget deficit, saying they are based on unrealistic projections for spending and tax revenues. The Irish economy was the fastest-growing in Europe last year, and is expected to ...

EU Court of Justice Rules MOL Didn't Receive State Aid

TODAY: Aug. 4, 2015 PUB DATE: June 4, 2015

By Margit Feher BUDAPEST--The Court of Justice of the European Union ruled Thursday that Hungarian oil and gas company MOL Nyrt. (MOL.BU) didn't receive state aid from the Hungarian government related to its mining fees, a decision that allows the ...

Rakuten Plans to Raise Cash

TODAY: Aug. 4, 2015 PUB DATE: June 4, 2015

TOKYO?Rakuten Inc. said Thursday that it plans to raise up to $1.5 billion from a new share offering to fund future acquisitions. The Japanese e-commerce giant said in a statement that it will issue approximately 100 million shares later in ...

China Revises Down Consumption's Contribution to 2014 GDP

TODAY: Aug. 4, 2015 PUB DATE: June 4, 2015

BEIJING--China revised down its estimate of consumption's contribution to economic growth last year, trimming the figure to 50.2% from 51.2% previously. Investment and exports contributed 48.5% and 1.3%, respectively to gross domestic product in 2014, the National Bureau of Statistics ...

U.S. Productivity Falls 3.1% In First Quarter

TODAY: Aug. 4, 2015 PUB DATE: June 4, 2015

By Jeffrey Sparshott and Josh Mitchell WASHINGTON--U.S. worker productivity fell in the opening months of 2015, a confirmation of the poor start to the year for the economy. The productivity of nonfarm workers, measured as the output of goods and ...

Cancer Test Maker Buys Diagnostics Company for $1.47 Billion

TODAY: Aug. 4, 2015 PUB DATE: June 4, 2015

Opko Health Inc. agreed to acquire gene-sequencing diagnostics company Bio-Reference Laboratories Inc. in a stock deal valued at $1.47 billion, or a roughly 60% premium. The deal, expected to close in the second half of this year, provides Opko with ...

Challenger Job-Cuts-Historical

TODAY: Aug. 4, 2015 PUB DATE: June 4, 2015

Based information tracked through news reports and public announcements of companies' job cut plans by Challenger, Gray and Christmas, Inc. Total % Chg From % Chg From Month Index Month Ago Year Ago -2015- YTD 242,831 ---- NA May 15 ...

IMF Chief Lagarde Signals Greek Debt Relief Still Necessary

TODAY: Aug. 4, 2015 PUB DATE: June 4, 2015

By Ian Talley WASHINGTON--International Monetary Fund chief Christine Lagarde signaled Thursday that debt relief would still be a necessary component of any bailout package for Greece to ensure the program would rescue its beleaguered economy. Led by fiscal hawk Germany, ...

French Finance Min: No Need to Speed Up Asset Sales to Rescue Areva

TODAY: Aug. 4, 2015 PUB DATE: June 4, 2015

By William Horobin and Inti Landauro PARIS--The French government doesn't need to speed up asset sales to raise cash to rescue beleaguered state-owned nuclear engineering company Areva SA (AREVA.FR), Finance Minister Michel Sapin said Thursday. President Francois Hollande's office said ...

ABB Shares Rise After Cevian Capital Buys 3.1% Stake

TODAY: Aug. 4, 2015 PUB DATE: June 4, 2015

By John Revill ZURICH--Shares of ABB Ltd. surged almost 4% on Thursday after active investor Cevian Capital bought a 3.1% stake in the power and automation giant. Cevian is an international investment company that acquires large stakes in companies it ...

French Finance Min Expects Greek Deal as Talks Tackle Fundamentals

TODAY: Aug. 4, 2015 PUB DATE: June 4, 2015

By William Horobin PARIS--French Finance Minister Michel Sapin said Thursday he's confident Greece and its international creditors will reach a deal because talks have shifted to fundamental questions of how to overhaul the country's economy. "What makes me think we ...