Jobless Claims Expected to Rise 4K -- Data Week Ahead

TODAY: Oct. 31, 2014 PUB DATE: July 8, 2014

The following are forecasts for this week's remaining data from a survey compiled Thursday and Monday. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS (ET) Thursday 0830 Jobless Claims Jul 5 319K (17) 315K 1000 Wholesale Inventories May +0.5% (9) +1.1% Friday ...

Fed's Lacker Sees U.S. Growth Restrained

TODAY: Oct. 31, 2014 PUB DATE: July 8, 2014

CHARLOTTE, N.C.--The "middling" gains in U.S. workforce productivity over the last several years likely will continue for the time being and hold back overall economic growth, Federal Reserve Bank of Richmond President Jeffrey Lacker said Tuesday. "The difficulty of forecasting ...

Shire Board Will Meet To Consider The Proposal

TODAY: Oct. 31, 2014 PUB DATE: July 8, 2014

By Tapan Panchal LONDON--Shire PLC (SHP.LN) said Tuesday that its board will meet to consider the new revised proposal by AbbVie Inc. (ABBV), and advised its share holders to take no action in relation to the new offer. The Dublin-based ...

Glencore PLC Completion of Acquisition of Caracal

TODAY: Oct. 31, 2014 PUB DATE: July 8, 2014

TIDMGLEN TIDMCRCL RNS Number : 7638L Glencore PLC 08 July 2014 Baar, Switzerland Calgary, Alberta July 8, 2014 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD ...

CURRENCIES: Euro, Pound Reverse Losses Against Dollar

TODAY: Oct. 31, 2014 PUB DATE: July 8, 2014

By Joseph Adinolfi and Carla Mozee, MarketWatch LONDON (MarketWatch) -- The euro and pound rebounded from earlier losses against the U.S. dollar to end little changed Tuesday, as investors remain cautious of buying the greenback given its inability to show ...

OECD Indicators Point to Steady Growth

TODAY: Oct. 31, 2014 PUB DATE: July 8, 2014

Economic growth is likely to strengthen in India over coming months, but slow in Germany, according to leading indicators released Tuesday by the Organization for Economic Cooperation and Development. The Paris-based research body's gauge of future economic activity suggests growth ...

NFIB: June Small-Business Optimism Index Falls

TODAY: Oct. 31, 2014 PUB DATE: July 8, 2014

Small-business owners pulled back slightly on their optimism in June, after hitting a cycle high in May, according to a report released Tuesday. More small firms, however, are going ahead with price increases. The National Federation of Independent Business's small-business ...

Japan Logs Fourth Straight Current Account Surplus in May

TODAY: Oct. 31, 2014 PUB DATE: July 8, 2014

TOKYO--Japan marked a current account surplus for the fourth straight month in May, the Ministry of Finance said Tuesday, suggesting a smaller trade shortfall may allay concerns about further current account deficits. The Y522.8 billion surplus in the current account, ...

EU Funds First Large-scale Clean Fuel Project

TODAY: Oct. 31, 2014 PUB DATE: July 8, 2014

By Vanessa Mock BRUSSELS--Europe's first large-scale project to turn coal into a clean fuel was given hundreds of millions by the European Union Tuesday, reviving hopes that the technology could finally get off the ground. Once hailed as a silver ...

French Central State Budget Narrows End May on Year

TODAY: Oct. 31, 2014 PUB DATE: July 8, 2014

By William Horobin PARIS--France's state budget deficit narrowed over the first five months of the year compared to the same period of 2013 as spending fell and tax revenues increased. The deficit fell to 64.3 billion euros ($87.47 billion) at ...

India Proposes Foreign Investment In Railways

TODAY: Oct. 31, 2014 PUB DATE: July 8, 2014

By Santanu Choudhury and Anant Vijay Kala NEW DELHI--India's new government on Tuesday said it plans to seek foreign investment in railway infrastructure as it hunts for funds to meet the massive modernization and expansion needs of the country's vast ...

U.S. Moves Closer to Settlement with Commerzbank

TODAY: Oct. 31, 2014 PUB DATE: July 8, 2014

U.S. authorities are negotiating a settlement with German lender Commerzbank AG over possible sanctions violations, according to people familiar with the matter. A settlement could cost the bank at least $500 million and be completed this summer, though a deal ...

India Proposes Foreign, Domestic Private Investment in Railways -- Update

TODAY: Oct. 31, 2014 PUB DATE: July 8, 2014

By Santanu Choudhury and Anant Vijay Kala NEW DELHI--India's new government said it would seek foreign and domestic private investment to improve the country's underfunded railway system, signaling its determination to enlist business to modernize infrastructure and drive economic growth. ...

ICSC/Goldman Sachs Chain Store Sales Rise in Latest Week

TODAY: Oct. 31, 2014 PUB DATE: July 8, 2014

By Tess Stynes The International Council of Shopping Centers and Goldman Sachs Retail Chain Store Sales Index rose 1.7% in the week ended Saturday from the previous week on a seasonally adjusted, comparable-store basis. "Consumers were undeterred by somewhat unfavorable ...

German Exports and Imports Fall

TODAY: Oct. 31, 2014 PUB DATE: July 8, 2014

By Monica Houston-Waesch FRANKFURT--Both Germany's exports and imports fell in May, official data showed Tuesday, reflecting a slowdown in economic activity. On an adjusted monthly basis, May exports were down 1.1%, while imports fell 3.4%--the sharpest monthly decline since November ...

UK Manufacturing Output Falls Unexpectedly In May

TODAY: Oct. 31, 2014 PUB DATE: July 8, 2014

By Ilona Billington and Jason Douglas LONDON--U.K. factory output fell unexpectedly on the month in May, due to a broad-based decline, official data showed Tuesday. The Office for National Statistics said the monthly falls in the U.K.'s industrial sector are ...

NFIB: June Small-Business Optimism Index Falls Back to 95.0

TODAY: Oct. 31, 2014 PUB DATE: July 8, 2014

By Kathleen Madigan Small-business owners pulled back slightly on their optimism in June, after hitting a cycle high in May, according to a report released Tuesday. More small firms, however, are going ahead with price increases. The National Federation of ...

U.S. Retail Sales Fell in June From May -- Redbook

TODAY: Oct. 31, 2014 PUB DATE: July 8, 2014

By Tess Stynes National chain-store sales fell 1.2% in June from May, according to Redbook Research's latest indicator, released Tuesday. The index's decline compared with a target for a drop of 1.3%. The Johnson Redbook Sales Index also showed seasonally ...