Eurozone Construction Declined in 3Q

TODAY: March 2, 2015 PUB DATE: Nov. 19, 2014

Construction across the 18 countries that share the euro fell in September and the third quarter as a whole, an indication that a reluctance to invest continues to retard the eurozone economy. The European Union's statistics agency said Friday that ...

MARKET SNAPSHOT: U.S. Stocks Edge Lower Ahead Of Fed Minutes

TODAY: March 2, 2015 PUB DATE: Nov. 19, 2014

By Anora Mahmudova and Barbara Kollmeyer, MarketWatch Staples, Lowe's shares rise in wake of results NEW YORK (MarketWatch) -- U.S. stocks drifted lower on Wednesday, as investors seemed reluctant to make big bets ahead of minutes of the latest Federal ...

Little Changed Expected in Consumer Prices -- Data Week Ahead

TODAY: March 2, 2015 PUB DATE: Nov. 19, 2014

The following are forecasts for this week's remaining data from a survey compiled Friday and Monday: DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS (ET) Thursday 0830 Jobless Claims Nov 15 283K (17) 290K 0830 Consumer Price Index Oct -0.1% (27) +0.1% ...

Talks Between Russia's VTB Capital and Italy's Cavalli Group Die

TODAY: March 2, 2015 PUB DATE: Nov. 19, 2014

By Manuela Mesco And Alexander Kolyandr Talks about selling a majority stake in Italian firm Cavalli Group to Russian VTB Capital has died after months of negotiations, said three people familiar with the matter, as the company's valuation was seen ...

U.S. Stocks Trade Lower After Fed Minutes

TODAY: March 2, 2015 PUB DATE: Nov. 19, 2014

By Saumya Vaishampayan U.S. stocks remained lower Wednesday after minutes from the Federal Reserve's latest meeting provided little insight into when interest rates could rise. Stocks briefly pared losses, with the Dow industrials moving into positive territory for the day, ...

Two Italy Unions Call Strike Over Government Policies -- Update

TODAY: March 2, 2015 PUB DATE: Nov. 19, 2014

By Giada Zampano ROME--Two of Italy's largest trade unions said Wednesday they would stage a general strike on Dec. 12 to protest a broad overhaul of the country's labor rules that has become a major test for the young government. ...

Dollar Hits New Seven-Year High Against Yen on Fed Minutes

TODAY: March 2, 2015 PUB DATE: Nov. 19, 2014

By James Ramage The dollar pushed to a new seven-year high against the yen Wednesday, driving above 118 yen, as minutes from the Federal Reserve's latest meeting reinforced traders' views that the U.S. central bank remains on track to raise ...

U.S. Treasurys Erase Losses After FOMC Minutes

TODAY: March 2, 2015 PUB DATE: Nov. 19, 2014

By Cynthia Lin U.S. Treasurys erased losses Wednesday after details from the latest Federal Reserve policy meeting showed officials continuing to debate the strength of the U.S. economy and when best to start tightening policy. Bond prices bounced from session ...

Ackman Drops Push for Allergan Holder Meeting--2nd Update

TODAY: March 2, 2015 PUB DATE: Nov. 19, 2014

By Chelsey Dulaney And George Stahl Pershing Square Capital Management LP on Tuesday formally withdrew its request for a special meeting of Allergan Inc. shareholders, another indication that the firm plans to end its pursuit of the Botox maker. The ...

BOJ Stands Pat on Policy, Sticks to Upbeat View

TODAY: March 2, 2015 PUB DATE: Nov. 19, 2014

TOKYO--The Bank of Japan decided Wednesday to maintain its large-scale easing policy and stick to its upbeat assessment of the economy despite dismal growth figures released earlier this week that prompted Prime Minister Shinzo Abe to delay a tax increase ...

Areva Shares Tank After Another Profit Warning

TODAY: March 2, 2015 PUB DATE: Nov. 19, 2014

PARIS--Shares of French nuclear engineering firm Areva SA (AREVA.FR) tanked Wednesday morning after the company issued its second profit warning in three months, citing delays on its nuclear reactor in Olkiluoto, Finland. Shares were down 16% at 10.19 euros ($12.74) ...

Asian Shares Mixed, Japan Rises on Sales-Tax Delay

TODAY: March 2, 2015 PUB DATE: Nov. 19, 2014

Stocks in Japan rose Wednesday after Prime Minister Shinzo Abe announced a delay to a tax increase, easing worries about further pressure on an already contracting economy. The Nikkei Stock Average was up 0.2%, as the dollar hit a fresh ...

OECD Forecasts 5.4% GDP Growth For India

TODAY: March 2, 2015 PUB DATE: Nov. 19, 2014

By Raymond Zhong NEW DELHI-India's economic growth is expected to accelerate to 5.4% in the year ending March 2015, the Organization of Economic Cooperation and Development said on Wednesday. But returning to the 8% growth seen in the first decade ...

Turkey Sells $1 Billion of 10-Year Sukuk

TODAY: March 2, 2015 PUB DATE: Nov. 19, 2014

ISTANBUL--Turkey has issued its third Islamic compliant bond in two years, selling $1 billion of 10-year sukuk and attracting strong demand from international investors, the treasury said late Tuesday. The treasury said its dollar-denominated lease certificate, or sukuk, due Nov. ...

Brazil Mid-November Inflation Indicator Slows

TODAY: March 2, 2015 PUB DATE: Nov. 19, 2014

By Rogerio Jelmayer SAO PAULO--Brazilian consumer prices slowed through mid-November, pulling the 12-month rate again inside the central bank's tolerance band, providing positive news for the monetary authority as it combats inflationary pressures. Brazil's mid-month consumer-price index, the IPCA-15, rose ...

BBVA in Talks to Buy Additional Stake in Garanti

TODAY: March 2, 2015 PUB DATE: Nov. 19, 2014

MADRID--Banco Bilbao Vizcaya Argentaria SA said Wednesday it is in advanced talks to acquire an additional 14.89% stake in Turkish lender Garanti. The acquisition from Turkish conglomerate Dogus Holding AS would increase BBVA's stake in Garanti to 39.9%, Spain's No. ...