Oil Futures Slip, Market Struggles to Sustain Rebound

TODAY: Feb. 27, 2015 PUB DATE: Dec. 2, 2014

By Eric Yep Crude-oil futures slipped back into negative territory in Asian trade Tuesday, reversing from an overnight rebound, as markets struggled to find a floor for oil prices after the recent selloff. On the New York Mercantile Exchange, light, ...

Fortum Willing to Invest in Nuclear Power Project

TODAY: Feb. 27, 2015 PUB DATE: Dec. 2, 2014

HELSINKI--Finnish utility Fortum Oyj (FUM1V.HE) said Tuesday it is willing to make a crucial investment in a Finnish-Russian nuclear power project called Fennovoima provided that Fortum gets a majority ownership stake in some hydro power assets in north-west Russia. Should ...

European Markets Boosted by Energy Stocks

TODAY: Feb. 27, 2015 PUB DATE: Dec. 2, 2014

Oil and gas stocks led European markets higher Tuesday, boosted by the previous day's rebound in oil prices. Crude picked up sharply late in Monday's session following its recent heavy losses, as traders moved to lock in profits on their ...

German New Car Registrations Down 2% in November--VDA

TODAY: Feb. 27, 2015 PUB DATE: Dec. 2, 2014

By Ilka Kopplin and Neetha Mahadevan FRANKFURT--German new car registrations fell 2% in November, according to data released Tuesday, as geopolitical conflicts and an economic slowdown continue to hamper car sales. About 250,100 new cars were registered in November, a ...

Aviva, Friends Life Agree to Deal

TODAY: Feb. 27, 2015 PUB DATE: Dec. 2, 2014

By Ian Walker LONDON-- Aviva PLC and Friends Life Group Ltd. on Tuesday said they had reached agreement on a GBP5.6 billion ($8.8 billion) deal that would create the U.K.'s largest insurance, savings and asset-management company. Under the deal, Friends ...

Nigeria's Tumbling Currency a Victim of Falling Oil Prices

TODAY: Feb. 27, 2015 PUB DATE: Dec. 2, 2014

By Patrick McGroarty, Drew Hinshaw and Josie Cox Nigeria's currency tumbled to record lows on Tuesday, hammered by falling oil prices that have weighed on Africa's top economy as it heads toward a costly election. The naira slumped to 186.9 ...

Energy Stocks Lift Europe Markets -- 2nd Update

TODAY: Feb. 27, 2015 PUB DATE: Dec. 2, 2014

By Tommy Stubbington and Josie Cox Energy stocks led European markets higher Tuesday, with investors eager to lock in profits after a brief pickup in oil prices during the previous session. Following a week of particularly heavy losses that saw ...

Russia Sees Economy in Recession Next Year - Update

TODAY: Feb. 27, 2015 PUB DATE: Dec. 2, 2014

By Andrey Ostroukh MOSCOW--Russia's Economy Ministry warned that the country will slip into recession next year and the ruble will remain weak, in the government's strongest admission yet of the depth of the damage wrought by the drop in oil ...

GM, Chrysler Post Higher U.S. Sales in November -- Update

TODAY: Feb. 27, 2015 PUB DATE: Dec. 2, 2014

By Michael Calia General Motors Co. and Chrysler Group LLC on Tuesday posted their best November U.S. sales figures in several years, driven by a favorable environment for consumers. Auto makers, which offered deals and discounts during the weeks leading ...

U.S. Construction Spending-Historical

TODAY: Feb. 27, 2015 PUB DATE: Dec. 2, 2014

Seasonally adjusted annual rate in billions of current dollars. M/M denotes percent change from previous month. Y/Y denotes percent change from previous year. Source: U.S. Commerce Department. TOTAL PRIVATE STATE/LOCAL PUBLIC CONSTRUCTION CONSTRUCTION CONSTRUCTION CONSTRUCTION M/M Y/Y M/M Y/Y M/M ...

U.S. Durable Goods-Historical

TODAY: Feb. 27, 2015 PUB DATE: Dec. 2, 2014

Seasonally adjusted data in millions of dollars. R denotes revised. (NAIC Historic Time Series). Source: U.S. Commerce Department. -NEW ORDERS- -SHIPMENTS- -UNFILLED ORDERS- Mo Ago Yr A Mo Ago Yr Ag Mo Ago Yr Ago Level % chg % chg: ...

U.S. New-Car Sales Pace Nears Record Level -- 5th Update

TODAY: Feb. 27, 2015 PUB DATE: Dec. 2, 2014

By Michael Calia And Joseph B. White Auto makers in the U.S. beat the Black Friday Blahs that hit other retailers, racking up strong sales of light trucks and cars as consumers jumped at holiday season deals. General Motors Co., ...

Bank Of Canada Seen Standing Pat in Final Rate Decision of 2014

TODAY: Feb. 27, 2015 PUB DATE: Dec. 2, 2014

By Nirmala Menon and Don Curren OTTAWA--Canada's central bank will keep its benchmark overnight rate at 1.00% in its final rate decision of 2014 on Wednesday, marking more than four years of no change to the policy rate, according to ...

U.S. Durable Goods-Historical -2-

TODAY: Feb. 27, 2015 PUB DATE: Dec. 2, 2014

Oct 03 182,956 3.2 9.2: 182,666 0.1 2.3: 470,141 1.3 -0.3 Sep 03 177,317 3.4 7.1: 182,472 4.2 2.5: 464,236 0.1 -2.8 Aug 03 171,555 -1.2 -2.1: 175,177 -2.5 -2.4: 463,833 0.5 -4.3 Jul 03 173,668 0.7 0.3: 179,709 1.4 ...

MARKET SNAPSHOT: U.S. Stocks Post Biggest Gain In A Month

TODAY: Feb. 27, 2015 PUB DATE: Dec. 2, 2014

By Anora Mahmudova and Barbara Kollmeyer, MarketWatch Dow scores 32nd record close of 2014 NEW YORK (MarketWatch) -- U.S. stocks closed higher on Tuesday, led by energy stocks as they shrugged off a decline in crude oil futures to rally ...

Aviva PLC Offer for Friends Life Group Limited by -8-

TODAY: Feb. 27, 2015 PUB DATE: Dec. 2, 2014

The Friends Life Directors believe that the terms of the Proposed Acquisition recognise and reflect Friends Life's cash generation and longer term prospects as well as the settling of the Value Share. In reaching their conclusion, the Friends Life Directors ...