EQUITIES

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Soros, CIC help Longfor raise $912 million in IPO

Chinese property developer Longfor Properties Co raised $912 million, pricing its Hong Kong initial public offering at the top end of an indicated range on Thursday, according to two sources close to the deal.

Macy's holiday outlook a turkey, stock drops

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U.S. department store operator Macy's Inc forecast earnings for the fourth quarter, which includes the crucial holiday shopping season, far below Wall Street expectations on Wednesday, sending shares down 8.1 percent.

Stocks inch up as Fed comments lift sentiment

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U.S. stocks edged up on Wednesday as comments by Federal Reserve officials suggested interest rates will stay low for some time, but gains were limited by strength in the U.S. dollar.
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Macy's Q4 forecast disappoints; shares fall

Department store operator Macy's Inc forecast earnings for the critical fourth quarter far below Wall Street expectations, sending shares down 3.4 percent in premarket trading.
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Wall St set to open higher on China factory data

Wall Street was set to open higher on Wednesday as better-than-expected economic data from China and comments from Federal Reserve officials on continued low interest rates buoyed investors' appetite for riskier investments.
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Stocks set to open higher on China factory data

Wall Street was set to open higher on Wednesday as better-than-expected economic data from China and comments from Federal Reserve officials on continued low interest rates buoyed investors' appetite for riskier investments.
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China data, Fed comments lift futures

U.S. stock index futures pointed to a nearly 1 percent rise at the open on Wednesday after data from China showed the world's third-largest economy was on track for faster growth, while comments from several Federal Reserve officials underscored a belief that low interest rates will remain intact.
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Stock futures up after China data, Fed officials' comments

U.S. stock index futures pointed to a nearly 1 percent rise at the open on Wednesday after data from China showed the world's third-largest economy was on track for faster growth, while comments from several Federal Reserve officials underscored a belief that low interest rates will remain intact.
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Asia stocks up 4th day; China data supportive

Asian stocks rose for a fourth day on Wednesday as reports showed Chinese factory output jumped to a 19-month high in October, while the ailing U.S. dollar hovered near a 15-month low.
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American Express spending volume up, boosts stock

American Express Co said credit card spending increased in October from September in another sign that the worst of the financial crisis may have passed for the largest U.S. credit-card company, sending its shares up 1.5 percent to a 14-month high.
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Stocks stall after recent gains

U.S. stocks closed little changed in light volume on Tuesday as differing views on whether the market can build on recent gains stalled the S&P 500's six-day winning streak. Investors paused to assess the rally just one day after the Dow average jumped a little over 200 points to close at a 13-month high.
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EU starts investigation into Reuters datafeed tool

EU antitrust regulators launched an investigation on Tuesday into news and financial data publisher Thomson Reuters' use of its real-time market datafeed, saying it might block users moving to rival firms. The European Commission, which polices competition in the 27-country European Union, said the investigation was launched on its own initiative and that it did not imply it had proof of an infri...
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Global stocks rise as risk favored

World stocks ticked higher on Tuesday as positive reports from UK banks kept the momentum with investors who chased risky assets in anticipation countries would keep monetary policy accommodative.
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Asia stocks, currencies rise on risk appetite

Asian stocks rose on Tuesday after U.S. equities hit a 13-month high, while central banks intervened to curb Asian currencies as funds flowed into riskier assets on expectations economic stimulus measures will continue.
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Dow hits 2009 high

A broad U.S. stocks rally sent the Dow industrials to a 13-month high on Monday, after the Group of 20 pledged to keep aid flowing to the world economy, strengthening investors' desire for risk.
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Stocks rally on increased risk appetite

U.S. stocks rallied on Monday, with the Dow Jones industrial average at a 13-month high, as the Group of 20's pledge to keep aid flowing to the world's economy boosted investors' appetite for risk.
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Stocks jumps as G20 pledges liquidity

U.S. stocks jumped on Monday, pushing the Dow industrials to their highest level in more than a year, as the Group of 20 leaders pledged to keep aid flowing to their economies until a recovery was certain.
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Stocks jumps as G20 says cheap money to continue

U.S. stocks jumped on Monday, extending gains from the previous week, on renewed risk-taking sentiment after the Group of 20 pledged to keep economic stimulus in place until a recovery was assured.
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Stocks jumps on renewed risk-taking after G20

U.S. stocks jumped on Monday, extending gains from the previous week, on renewed risk-taking sentiment after the Group of 20 pledged to keep economic stimulus in place until a recovery was assured.
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Stocks set for higher open after G20

Wall Street was set to open higher on Monday on renewed risk-taking sentiment after the Group of 20 pledged to maintain economic stimulus in place until a recovery was reassured.
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Stock futures rise after G20; M&A action in focus

U.S. stock index futures pointed to a 1 percent gain at the open on Monday as investors took comfort from a pledge by the Group of 20 to keep economic stimulus in place until a recovery was reassured.

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