Kazakhstan and Mongolia are expanding their cooperation in the mining sector. The two countries on 30 March signed a Memorandum of Understanding focusing on geology and development of mineral resources and civil aviation during the 7th meeting of the Intergovernmental Commission between Mongolia and Kazakhstan on Trade, Economic, Scientific and Technical Cooperation in Almaty. The intergovernmenta...Read More
* Eikon search string for individual stock moves: * The Day Ahead newsletter: * The Morning News Call newsletter: A dreadful week for technology stocks worsened on Monday as Amazon and Teslashares fell further, setting a grim tone for markets already worried aboutChina's decision to raise import tariffs on U.S. products. At 10:30 ET, the Dow Jones Industrial Average was down 0.62 percentat 23,953....Read More
** IT services company's shares drop as much as 16pct to hit over 1-1/2 year low of $99.51 in early trading afterQ2 forecast falls largely below estimates** Stock is on pace for its worst day in over 13 years** Company guides Q2 adj profit below Street expectationsand forecasts Q2 revenue, whose midpoint fall below estimates ** Stifel cuts PT by $12 to $140, says weak forecastprimarily due to near...Read More
(Adds details from ISM survey, updates markets)* ISM national factory index falls 1.5 points in March* New orders, employment indexes decline* Construction spending edges up 0.1 percent in February By Lucia MutikaniWASHINGTON, April 2 (Reuters) - U.S. factory activity slowedin March amid shortages of skilled workers and rising capacityconstraints, but growth in the manufacturing sector remainsunde...Read More
(Corrects YTD number in last bullet)** Canadian retailer's shares fall as much as ~6.8pct after disclosing security breaches at some N. America stores ** HBC last down 4.3 pct, 5th biggest pct loser on the TSX , which is off 0.5 pct** Hudson's Bay on Sunday reported security breaches at someof its Saks Fifth Avenue, Saks OFF 5th and Lord & Taylor storesacross North America ** Co says "tak...Read More
WASHINGTON (Reuters) - U.S. President Donald Trump renewed calls for Congress to pass immigration legislation on Monday, one day after saying he would not consider a deal to protect young immigrants.“Congress must immediately pass Border Legislation, use Nuclear Option if necessary, to stop the massive inflow of Drugs and People ... Act now Congress, our country is being stolen!” Trump...Read More
* Tesla drops after saying crashed car was on autopilot* Humana up after report Walmart discussing tie-up,acquisition* Amazon falls after Trump again targets the online giant* Indexes down: Dow 0.19 pct, S&P 0.67 pct, Nasdaq 1.18 pct(Updates to open)By Sruthi ShankarApril 2 (Reuters) - A dreadful week for technology stocksworsened on Monday as Amazon and Tesla shares fell further,setting a gri...Read More
MEXICO CITY, April 2 (Reuters)- Activity in Mexico's manufacturing sector rose in March, recovering from a dip in the previous month, as new orders jumped and fueled new hires, a survey showed on Monday.The IHS Markit Mexico Manufacturing Purchasing Managers' Index rose to 52.4 in March, bouncing back from a four-month low of 51.6 in February.A reading above 50 signals expansion in the sector, whi...Read More
* Third day of profit-taking in Saudi after FTSE decision* Qatar stocks keep rising on higher foreign ownershiplimits* Dubai's Emaar Properties at new 23-month low* Bahrain ignores news of big oil find* Egyptian Chemical soars in heaviest trade for decadesBy Katie PaulDUBAI, April 2 (Reuters) - Saudi Arabia's stock marketclosed down on Monday, falling for a third straight day afterFTSE Russell dec...Read More
LONDON (Reuters) - Oil fell to around $69 a barrel on Monday, reversing an earlier rally, as a rise in Russian production and concern about a U.S.-China trade spat offset a drop in U.S. drilling activity.U.S. drillers cut seven oil rigs in the week to March 29, bringing the total down to 797, the first decline in three weeks. The rig count is closely watched as an indicator of future U.S. oil outp...Read More
(Adds details on USPS, analyst comments, updates shares)April 2 (Reuters) - Shares of Amazon.com Inc fell 6percent on Monday after U.S. President Donald Trump againattacked the online retailer over the pricing of its deliveriesthrough the United States Postal Service and promisedunspecified changes. "Only fools, or worse, are saying that our money losing PostOffice makes money with Amazon,&qu...Read More
** No. 1 U.S. meat processor's shares falls 5 pct to$69.49 after China slapped extra tariffs of up to 25 percent on128 U.S. products, including frozen pork** Extra tariffs also on products like wine, certain fruitsand nuts in response to steep U.S. tariffs on imports ofaluminum, steel ** Separately, U.S. President Donald Trump is preparing toimpose tariffs of more than $50 bln on Chinese tech good...Read More
Tesla said the function was initiated prior to last week's fatal vehicle crashComing off their worst month since 2010, shares of Tesla Inc (NASDAQ:TSLA) have entered April sharply lower. Weighing on the stock is a weekend update tolast week's fatal Model X crash, which showed the Autopilot function was initiated just prior to the collision. This is overshadowing a Tesla stock upgrade at Jefferies...Read More
(Corrects headline to show Co was buying, not selling, the U.S.business)** Canadian printing company up ~6 pct, easingfrom a surge of as much as 16 pct** Co to buy U.S. operations of Coveris Holdings S.A. for$1.32 bln using cash and debt ** Trade volumes slightly over 1x 30-DMA by 1400 GMT** Stock now up 8.5 pct this year (Reporting by Ahmed Farhatha) Disclaimer: The views expressed in this arti...Read More
April 2 (Reuters) - Canada's main stock index fell on Mondaydue to losses in the financial and energy sectors amid a revivalin trade war fears after China decided to impose additionalduties on U.S. products.* At 9:52 a.m. ET (1352 GMT), the Toronto Stock Exchange'sS&P/TSX Composite Index fell 87.97 points, or 0.57percent, to 15,279.32.* The financial and energy sectors that together make up fo...Read More
Editor's Note: The article was updated to reflect higher gold prices in delayed reaction to the data.(Kitco News)-In delayed reaction, the gold market is pushing to session highs, after sentiment in the manufacturing sector fell in March, according to the last data from the Institute for Supply Management (ISM).Monday, the ISM said its manufacturing index showed a reading of reading 59.3% for Mar...Read More
Editor's Note: The article was updated to reflect higher gold prices in delayed reaction to the data.(Kitco News) -In delayed reaction, the gold market is pushing to session highs, after sentiment in the manufacturing sector fell in March, according to the last data from the Institute for Supply Management (ISM).Monday, the ISM said its manufacturing index showed a reading of reading 59.3% for Ma...Read More
BRAZIL GOVERNMENT LISTPresident........................................Michel TEMER (Sworn in Aug. 31, 2016 after impeachment of Dilma Rousseff)Vice-President (vacant) - - - - - - - -MINISTERS:Agriculture......................................Blairo MAGGIBudget & Planning..............................Dyogo OLIVEIRACities........................................Alexandre BALDYCulture................Read More
HONG KONG, April 2 (Reuters) - Joy City Property Ltd said on Monday COFCO Property Group Co Ltd would buy a controlling 64.18 percent stake in the company fromVibrant Oak Ltd for 14.76 billion yuan ($2.35 billion), as partof a reorganisation of COFCO Corp.COFCO Property will issue 2.14 billion shares to Vibrant Oak to settle the acquisition, the Hong Kong-listed real estatefirm said in a filing to...Read More
Coal India Ltd.'s sales and output in March rose to the highest on record as the world's biggest coal miner rushed to meet its annual production target, a goal that it missed for at least the sixth consecutive year.Output rose 9 percent from a year earlier to 72.3 million tons of coal in March, while shipments rose 5.5 percent to 55.2 million tons, according to a stock exchange filing Sunday. That...Read More