Canadian National Railway Profit Rises on Robust Volumes

TODAY: July 5, 2015 PUB DATE: April 20, 2015

By Carolyn King Canadian National Railway Co. said Monday that its first-quarter profit was higher than a year earlier as strong freight volumes, easier winter weather and a lower Canadian dollar boosted results. The Montreal railroad operator earned 704 million ...

China Cuts Banks' Reserve Ratio -- 2nd Update

TODAY: July 5, 2015 PUB DATE: April 20, 2015

By Lingling Wei BEIJING--China's central bank is considering taking a page from Europe's financial-crisis handbook to free up more credit as growth in the world's second-largest economy slows. The proposed strategy would allow Chinese banks to swap local-government bailout bonds ...

Prologis to Buy KTR for $5.9 Billion

TODAY: July 5, 2015 PUB DATE: April 20, 2015

Prologis Inc., a big owner of warehouses and distribution centers, agreed to buy industrial-property owner KTR Capital Partners for $5.9 billion, in one of the largest real-estate deals so far this year. Prologis said in a statement that it would ...

Japan, Australia Stocks Slump on China Moves

TODAY: July 5, 2015 PUB DATE: April 20, 2015

Stocks in Japan and Australia fell early Monday after China introduced a number of market-moving measures, including a cut to the amount of reserves Chinese commercial banks are required to hold. The Nikkei Stock Average was down 0.4% to 19,569.89 ...

European Stocks Recover From Fierce Selloff

TODAY: July 5, 2015 PUB DATE: April 20, 2015

European stocks rose in early trade Monday, partially recovering from a fierce selloff at the end of last week, helped by the Chinese central bank announcing plans to stimulate growth. In early trade, the Stoxx Europe 600 rose 0.7% to ...

Oil Futures Gain on China Central Bank's Move

TODAY: July 5, 2015 PUB DATE: April 20, 2015

By Eric Yep Crude-oil futures rose in Asian trade Monday after China announced a surprise cut in banks' reserve requirements over the weekend. On the New York Mercantile Exchange, light, sweet crude futures for delivery in May traded at $56.45 ...

Oil Prices Rise as China Announces Fresh Economic Stimulus

TODAY: July 5, 2015 PUB DATE: April 20, 2015

By Georgi Kantchev LONDON--Oil prices rose on Monday after China announced fresh economic stimulus but analysts remained cautious about the recent strength in oil markets. Brent crude for delivery in June rose 0.6% to $63.82 a barrel on London's ICE ...

Polish Exporters Profitable Despite Zloty Strength--Central Bank

TODAY: July 5, 2015 PUB DATE: April 20, 2015

By Patryk Wasilewski WARSAW--Polish exporters are generating "relatively high profits" despite the latest strengthening of the domestic currency with their zloty pain threshold "quite far" from the current levels, the central bank wrote Monday in its quarterly report on business ...

German Producer Prices Edge Up in March

TODAY: July 5, 2015 PUB DATE: April 20, 2015

By Nina Adam The prices of goods leaving Germany's factory gates rose slightly in March from February, but were lower compared with the year-earlier month because of a decline in oil prices, official data showed Monday. Producer prices rose for ...

U.S. Stock Futures Advance

TODAY: July 5, 2015 PUB DATE: April 20, 2015

By Saumya Vaishampayan U.S. stock futures rose Monday, rebounding from steep declines on Friday, amid news of more stimulus from China and upbeat corporate news. S&P; 500 futures advanced 10 points, or 0.5%, to 2085. E-mini Dow futures gained 90 ...

Oil Prices Fall on U.S. Dollar Strength

TODAY: July 5, 2015 PUB DATE: April 20, 2015

By Georgi Kantchev LONDON--Oil prices fell on Monday as the U.S. dollar rose reversing earlier gains after China announced fresh economic stimulus. Brent crude for delivery in June fell 1.4% to $62.60 a barrel on London's ICE Futures exchange. On ...

CURRENCIES: Dollar Higher Against Euro On Greek Worries

TODAY: July 5, 2015 PUB DATE: April 20, 2015

By Joseph Adinolfi, MarketWatch , Hiroyuki Kachi Pound turns lower on 'uncertainty' over U.K. election The euro traded lower against the dollar Monday, after finishing higher last week, as the market worried that negotiations between Greek officials and the country's ...

Groupon To Sell 46% Stake In Ticket Monster

TODAY: July 5, 2015 PUB DATE: April 20, 2015

Groupon Inc. said Monday that it has agreed to sell a controlling stake in its Ticket Monster business to private-equity firm KKR Co. and Hong Kong-based Anchor Equity Partners for $360 million. The Wall Street Journal had reported that KKR ...

FXCM to Focus on Wholesale Business

TODAY: July 5, 2015 PUB DATE: April 20, 2015

FXCM Inc. said Monday that it plans to focus its institutional operations on its wholesale business, as the New York-based foreign-exchange broker sells off noncore assets to repay debt. "With the pending disposition of institutional noncore assets we are now ...

U.S. Stocks Advance

TODAY: July 5, 2015 PUB DATE: April 20, 2015

By Saumya Vaishampayan and Dan Strumpf U.S. stocks rebounded on Monday from Friday's steep declines, lifted by upbeat earnings news and an announcement of more stimulus from China. The Dow Jones Industrial Average rose 237 points, or 1.3%, to 18063 ...

EU to File Antitrust Charges Against Gazprom -- Update

TODAY: July 5, 2015 PUB DATE: April 20, 2015

By Gabriele Steinhauser BRUSSELS--The European Union's competition regulator plans to file formal antitrust charges against Russia's state-owned gas company OAO Gazprom on Wednesday, a person familiar with the matter said on Monday, a step set to escalate the standoff between ...

Official: Eurozone Must Do Everything to Avoid Greek Default

TODAY: July 5, 2015 PUB DATE: April 20, 2015

LONDON--The 19 nations using the euro must do everything they can to prevent Greece from defaulting on its debts and leaving the single currency, Luxembourg's finance minister said Monday. In an interview, Pierre Gramegna said eurozone member states want Greece ...

Comcast, Time Warner Cable Trying to Save Merger

TODAY: July 5, 2015 PUB DATE: April 20, 2015

Comcast Corp. and Time Warner Cable Inc. are slated to sit down for the first time on Wednesday with Justice Department officials to discuss potential remedies in hopes of keeping their $45.2 billion merger on track, according to people familiar ...