Dollar Slight Down Against Yen Amid Lack of Fresh Cues

TODAY: July 4, 2015 PUB DATE: April 20, 2015

By Hiroyuki Kachi The dollar was a tad lower against the yen Monday, with many investors sitting on the sidelines amid a lack of fresh trading cues during Asian trade. Around 0450 GMT, the dollar was at Y118.82, compared with ...

Data Not a Signal of Recovery Interruption -- Bundesbank

TODAY: July 4, 2015 PUB DATE: April 20, 2015

By Todd Buell FRANKFURT--The German economy remains in very good shape, but isn't moving at the same pace that growth at the end of last year would suggest, the country's central bank said in a report Monday. The Deutsche Bundesbank ...

Liberty Global Confirms Telenet to Buy BASE for $1.4 Billion

TODAY: July 4, 2015 PUB DATE: April 20, 2015

By Chelsey Dulaney and Archie van Riemsdijk Liberty Global PLC said Monday that its Telenet Group Holding NV unit has agreed to buy Belgian mobile-phone operator BASE Company NV for EUR1.3 billion ($1.4 billion), in its latest consolidation move in ...

Russian Economy May Grow by Up To 2.5% in 2016, Says Minister -- Reports

TODAY: July 4, 2015 PUB DATE: April 20, 2015

MOSCOW--Russia's economy may grow by up to 2.5% next year, deputy finance minister said Monday, Russian news agencies reported. Russian officials have become increasingly optimistic about the country's economic outlook, contrary to gloomy forecasts by global institutions. Speaking to reporters ...

Bank of Russia Raises Forex Lending Rates

TODAY: July 4, 2015 PUB DATE: April 20, 2015

By Andrey Ostroukh MOSCOW--The Bank of Russia said Monday it will raise rates for foreign-currency loans, taking into account recent currency-market changes, which should serve to ease pressure on the recovering ruble. The once-battered ruble has became one of the ...

Chicago Fed National Activity Index Signals Slower Growth

TODAY: July 4, 2015 PUB DATE: April 20, 2015

Soured by lagging production, a snapshot of the U.S. economic landscape last month slipped deeper into sagging growth. The Chicago Fed National Activity Index moved down to -0.42 in March from February's -0.18. Any reading below zero indicates growth below ...

Many Who Lost Homes to Foreclosure Won't Return

TODAY: July 4, 2015 PUB DATE: April 20, 2015

Less than one-third of families who lost their homes to foreclosure or other distress events in the past decade are likely to become homeowners again, according to an analysis by the National Association of Realtors. More than 9.3 million homeowners ...

U.S. Government Bonds Lower on China Stimulus

TODAY: July 4, 2015 PUB DATE: April 20, 2015

By Min Zeng U.S. government bonds pulled back on Monday after last week's rally as China's fresh step to support its economy boosted investors' appetite for riskier investments. The yield on the benchmark 10-year Treasury note was 1.862%, compared with ...

Cargill Seeking Indonesia Poultry Play

TODAY: July 4, 2015 PUB DATE: April 20, 2015

JAKARTA, Indonesia--Cargill Inc. is seeking to enter the Indonesian poultry sector and is investing in mills for its growing palm oil business there, part of its plans to pour $1 billion into Southeast Asia's largest economy in the coming years. ...

Greece Orders Public Bodies to Put Cash in Central Bank

TODAY: July 4, 2015 PUB DATE: April 20, 2015

ATHENS--Greece's government issued a decree Monday requiring public bodies such as state-owned companies and public pension funds to transfer their cash reserves to the central bank. The decree, published in the government gazette late Monday, came as no surprise, the ...

HCA Holdings Buys Back 3.8 Million Shares from Bain Capital

TODAY: July 4, 2015 PUB DATE: April 20, 2015

By Lisa Beilfuss HCA Holdings Inc. said Monday it repurchased about 3.8 million shares from affiliates of Bain Capital for $294 million, representing a 1% discount to Friday's closing price. In 2006, Bain and KKR & Co. bought out the ...

U.S. Stocks Bounce Back

TODAY: July 4, 2015 PUB DATE: April 20, 2015

By Dan Strumpf U.S. stocks bounced back on Monday from Friday's steep declines, lifted by upbeat earnings news and an announcement of more stimulus from China. Stocks kicked off the session sharply higher and stuck to a narrow trading range ...

CURRENCIES: Dollar Higher Against Euro On Greek Worries

TODAY: July 4, 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 the week higher against the buck on Friday, as the market worried that debt negotiations ...

Zions Bancorp's Profit Edges Lower

TODAY: July 4, 2015 PUB DATE: April 20, 2015

By Josh Beckerman And Julie Steinberg Zions Bancorp said its earnings edged down in the most recent quarter as a key measure of lending profitability declined, though net interest income rose slightly. Earnings came in above Wall Street estimates. Zions ...

Europe Stocks Rise in Early Trade--Update

TODAY: July 4, 2015 PUB DATE: April 20, 2015

By Josie Cox 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. By mid morning, the Stoxx Europe 600 ...

China Speeds Up Solar Drive

TODAY: July 4, 2015 PUB DATE: April 20, 2015

By Brian Spegele BEIJING--China accelerated its solar-energy buildout in the first quarter, adding 18% to total capacity as the government prioritized renewable-energy investment to clean the skies and shore up economic growth. The National Energy Administration said Monday that China ...

BOJ's Kuroda Sees Progress on Higher Inflation

TODAY: July 4, 2015 PUB DATE: April 20, 2015

WAYZATA, Minn.--The Bank of Japan's leader said his institution is making real progress in its efforts to raise Japanese inflation back toward desired levels. Gov. Haruhiko Kuroda, in a speech here Sunday, said based on recent data, "there is no ...