CURRENCIES: Euro Posts Largest Weekly Gain Of The Year

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

By Joseph Adinolfi, MarketWatch , Hiroyuki Kachi Massive short-covering rally triggered by ECB's weaker-than-expected stimulus The euro recorded its largest weekly gain of the year on Friday, despite losing ground Friday after official data showed the U.S. economy added more ...

CURRENCIES: Euro Posts Largest Weekly Gain Since May

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

By Joseph Adinolfi, MarketWatch , Hiroyuki Kachi Massive short-covering rally triggered by ECB's weaker-than-expected stimulus The euro recorded its largest weekly gain since May on Friday, despite losing ground after official data showed the U.S. economy added more jobs than ...

U.S. Grains, Soybeans Lift Amid Ongoing Short-Covering

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

By Jesse Newman CHICAGO--U.S. grain and soybean futures rose Friday as investor short-covering continued and fresh supply concerns boosted prices for some crops. Soybean prices rose to a nearly two-month high, lifting due to adverse weather in Brazil, a rival ...

Supreme Court to Examine Puerto Rico Effort to Restructure Some Debts

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

By Jess Bravin WASHINGTON--The Supreme Court agreed Friday to hear Puerto Rico's effort to restructure its public utilities' debts by enacting its own bankruptcy law. As an unincorporated territory, Puerto Rico lacks the authority that U.S. states and their municipalities ...

German Companies Race to Sign Up Migrant Workers

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

By Friedrich Geiger BERLIN--German companies are scrambling to connect almost 1 million immigrants with jobs--but the rich seam of fresh labor is throwing up manifold challenges. The rush to recruit migrants is partly altruistic, borne of a concern for the ...

Crowded Trades Collapse

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

By Min Zeng U.S. stocks, government bonds and the dollar all suffered large price losses Thursday, a rare occurrence that underlines markets' vulnerability to reversals at a time of large bets on central-bank policy and concerns about uneven market liquidity. ...

Suncor Extends Takeover Bid Deadline for Canadian Oil Sands

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

By Chester Dawson Suncor Energy Inc. on Thursday extended its hostile takeover bid for Canadian Oil Sands Ltd. by another month to Jan. 8 in a renewed appeal to that company's shareholders. The move comes after Alberta's securities regulator on ...

2015 Is The Year Of The Deal

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

(FROM THE WALL STREET JOURNAL 12/4/15) By Maureen Farrell A slew of smaller takeovers announced Wednesday officially made 2015 the biggest year ever for mergers and acquisitions. A series of 112 deals announced that day involving little-known companies like China's ...

Euro Maintains Gains Against U.S. Dollar, Yen After ECB Disappoints

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

By Hiroyuki Kachi The euro maintained its strength against the U.S. dollar and the yen during Asian trade Friday after the European Central Bank's fresh monetary stimulus overnight received cool reception from financial markets. The euro declined slightly to $1.09239 ...

Asian Shares Join Global Selloff as ECB Stimulus Disappoints--2nd Update

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

By Gregor Stuart Hunter Japanese stocks led Asian shares lower, and the yen strengthened, adding momentum to a global selloff after the European Central Bank's smaller-than-expected burst of monetary stimulus disappointed investors. Japan's Nikkei 225 Stock Average fell 2.2%, with ...

EU Snubs U.K. Over Telecom Merger Investigation

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

By Tom Fairless BRUSSELS--Europe's central antitrust regulator has refused a request from Britain's competition authorities to review Telefonica SA's $14 billion sale of British mobile operator O2, arguing that Brussels is better placed to assess the deal's impact on consumers. ...

Bumble Bee Deal Dropped After US Objects

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

(FROM THE WALL STREET JOURNAL 12/4/15) By Brent Kendall Thai Union Group PCL, a large international seafood producer, on Thursday canceled its planned $1.5 billion acquisition of U.S. rival Bumble Bee Seafoods, following antitrust objections from the Justice Department. Thai ...

Belgium Economy Seen Expanding at A Quicker Pace

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

By Natalia Drozdiak BRUSSELS--The Belgian National Bank on Friday said the country's economy will expand at quicker pace this year than previously forecast, despite the likely short term impact on the economy caused by the additional security measures put in ...

S&P 500, Nasdaq Futures -- Technical Analysis

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

Chicago Mercantile Exchange December S&P; 500 Futures 2117.03 -- second pivot point resistance 2114.20 -- lifetime high 2110.00 -- previous month's high 2100.37 -- first pivot point resistance 2095.00 -- previous day's high 2084.02 -- 9-day moving average 2080.20 -- ...

U.S. Trade Gap Widened 3.4% in October

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

WASHINGTON?The U.S. trade deficit widened in October as exports resumed a steady decline, the latest sign a slumping global economy is draining foreigners' appetite for American-made goods. The trade gap expanded 3.4% from the prior month to $43.9 billion, the ...