Simon Property Group Inc (SPG.N) reported higher-than-expected third-quarter funds from operations, partly on lower operating costs, and the company raised the low end of its forecast for the year.
U.S. government debt prices added small gains briefly on Friday after data showed personal spending fell and income posted no growth in September, supporting the view of a sluggish economic rebound.
U.S. commercial real estate lender iStar Financial Inc (SFI.N) reported a wider-than-expected third-quarter loss and said it was in compliance with all of its bank and bond covenants.
Business activity in New York City expanded for the third straight month in October, its strongest recovery stretch in almost two years, according to an industry report released on Friday.
Goldman Sachs Group (GS.N) plans to trim the rescue loan it arranged for CIT Group Inc by $875 million to $2.125 billion, CIT said on Friday.
Apartment Investment and Management Co (AIV.N), one of the largest U.S. apartment landlords, said third-quarter funds from operations fell 69.5 percent on impairments and lower rents.
Credit Suisse (CSGN.VX), Banco Santander Brasil (SANB11.SA) and government-owned Caixa Economica Federal are raising nearly 2.9 billion reais ($1.7 billion) through a structured fund to finance corporate loans in Brazil, Valor Economico newspaper reported on Friday.
Britain's top share index looked set to end the month crawling into positive territory by midday on Friday as U.S. data from the previous session helped lift banks, offsetting weak commodities.
European shares were little changed in midmorning trade on Friday after sharp gains in the previous session on data showing the U.S. had emerged from recession, with firmer banks offsetting weaker energy stocks.
U.S. stock index futures dipped on Friday, a day after the market logged its best percentage gain in three months, as investors await data that will shed light on consumer sentiment.
The Australian Dollar opens higher against the greenback today at 0.9140. The Aussie spent most of the local session beneath US90 cents yesterday but bounced back to life offshore after U.S. economic growth data came in higher than anticipated. The U.S. economy grew at a 3.5 per cent annual pace in the September quarter prompting a rally in stocks and commodities and a move by investors back into high-yielding currencies.
U.S. mortgage rates held steady just above 5 percent in the latest week after mixed signals on the health of the housing market, Freddie Mac (FRE.N) said on Thursday.
The Russian government plans to sell 25 tonnes of gold from the state precious metals and gems repository Gokhran, possibly on the local market, Interfax news agency quoted a Finance Ministry official as saying on Thursday.
The U.S. Federal Reserve must keep its ability to make short-term cash available to maintain financial stability during a crisis, a top Fed official told Congress on Thursday.
U.S. government debt prices fell on Thursday, as data showed the U.S. economy grew at a faster-than-expected pace in the third quarter, boosting optimism of a rapid emergence from recession.
The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1330 GMT on Thursday.
Bank of America-Merrill Lynch raised Genworth Financial Inc (GNW.N) to buy from neutral saying the life and mortgage insurer was an attractive potential rebound story once the financial crisis ends.
European shares turned positive on Thursday after data showed the U.S. economy grew in the third quarter for the first time in a year as consumer spending and investment in new home-building rebounded.
Wall Street was set for a near 1 percent opening gain on Thursday following four days of losses in the S&P 500 after data showed the U.S. economy grew faster than expected in the third-quarter and corporate profits reassured investors.
Weakness in energy stocks, pulled lower by downbeat results from Royal Dutch Shell (RDSa.L), offset gains from banks and miners leaving Britain's FTSE 100 .FTSE off 0.3 percent by midsession on Thursday.
A federal judge ordered State Street Corp (STT.N) to pay $89.75 million to settle a lawsuit over mortgage losses, rejecting the bank's argument that the accord may prove unfair depending on how a related regulatory probe is resolved.
Wall Street was set to rise on Thursday after four days of losses in the S&P 500 as reassuring corporate profits spurred optimism ahead of data expected to show the U.S. economy resumed growing in the third quarter.
* U.S. stock index futures pointed to a higher opening on Wall Street on Thursday as investors take a breather following the previous session's sharp selloff ahead of key GDP figures and a flurry of corporate earnings.
The Australian Dollar opens sharply lower this morning against the greenback at 0.8964 after yesterday's key inflation data.
Canadian Finance Minister Jim Flaherty said on Wednesday he agreed with the Bank of Canada that intervention was a limited tool when it came to trying to drive down the value of the Canadian dollar.
West African regional bloc ECOWAS has agreed to lend Niger 5 billion CFA francs ($11.33 million) to help fund a road project, state media said late on Tuesday, a week after the organisation suspended Niger over flawed polls.
New York Community Bancorp Inc (NYB.N), one of the largest U.S. savings and loans bank, posted a 70 percent rise in quarterly profit, helped primarily by a growth in net interest income.
Wall Street was poised for a lower open on Wednesday after disappointing results from overseas bellwethers, while investors questioned how much further the market's seven-month rally had to run.
Italian Prime Minister Silvio Berlusconi gave a foretaste of how he may defend himself when he goes back on trial for corruption next month, attacking the judicial system as overrun by communists out to destroy him.
News, details on corporate bond issues in the European markets on Wednesday:
