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Hasbro and Xerox are big market movers

Dec , 20 2014
Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Teekay Tankers Ltd., down 70 cents to $4.70 The ocean-freight hauler is buying ...... Read More

Air France-KLM deferral of Boeing 777 raises concern

Dec , 20 2014
By Alwyn Scott SEATTLE (Reuters) - Boeing Co faced a potentially larger gap in production of its 777 jetliner after Air France-KLM said on Thursday that it plans to defer delivery of 10 Boeing 777s following its third profit warning in six months. Boeing is on track to build about 500 777s before it transitions to the successor 777X model in 2020, based on its current production rate of 100 a year. Through November, ... Read More

Equities extend rally; oil rebounds, helping rouble rise

Dec , 20 2014

By David Gaffen NEW YORK (Reuters) - Equity markets worldwide extended the week's rally on Friday and oil prices rebounded from recent lows, as investors closed out the last full week of trading in 2014 on an upbeat note. Wall Street rose, and the S&P 500 came within a few points of its closing re... Read More

US stocks inch higher after a big two-day rally

Dec , 20 2014

NEW YORK (AP) — Oil and gas companies led the stock market up Friday, helping the Standard & Poor's 500 index notch its second-best week this year.


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Oil's slide shakes up the junk-bond market

Dec , 20 2014

NEW YORK (AP) — Oil's slump didn't just hit the stock market, it's shaken up the junk-bond market, too.


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Equities extend rally; oil rebounds, helping rouble rise

Dec , 20 2014

By David Gaffen NEW YORK (Reuters) - Equity markets worldwide extended the week's rally on Friday and oil prices rebounded from recent lows, as investors closed out the last full week of trading in 2014 on an upbeat note. Wall Street rose, and the S&P 500 came within a few points of its closing re... Read More

China's Fosun raises offer for Club Med

Dec , 20 2014

By Dominique Vidalon PARIS (Reuters) - Chinese billionaire Guo Guangchang sweetened his bid for struggling Club Mediterranee at the last minute on Friday, trumping a 24 euro-a-share offer from Italian tycoon Andrea Bonomi in France's longest-running takeover battle. The new 24.60 euro offer, made a few hours bef... Read More

Pimco expects ECB to buy euro-denominated IG corporate, sovereign debt

Dec , 20 2014
By Jennifer Ablan NEW YORK (Reuters) - Bond giant Pacific Investment Management Co said on Friday that it expects the European Central Bank to further expand its balance sheet by buying euro-denominated investment-grade corporate and sovereign bonds. In its 2015 credit outlook report, Mark Kiesel, Pimco's chief investment officer of global credit, said the ECB should stay very accommodative and "European rates will l... Read More

AP Interview: Coelho says Sony hack threatens all

Dec , 20 2014

GENEVA (AP) — Brazilian author Paulo Coelho says the Sony hack threatens us all if society doesn't enforce important values: our individual and collective freedom of expression and an unwavering refusal to negotiate with anonymous terrorists.


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Protesters in contempt of court for anti-whaling campaign

Dec , 20 2014

SAN FRANCISCO (AP) — Radical environmentalists who threw acid and smoke bombs at Japanese whalers were found in contempt of court Friday for continuing their relentless campaign to disrupt the annual whale hunt off the waters of Antarctica.


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Obama says North Korea hacked Sony, vows response

Dec , 20 2014
WASHINGTON (AP) — President Barack Obama declared Friday that Sony "made a mistake" in shelving a satirical film about a plot to assassinate North Korea's leader, and he pledged the U.S. would respond "in a place and manner and time that we choose" to the hacking attack on Sony that led to the withdrawal. The FBI blamed the hack on the communist government.... Read More

Actor Stephen Collins denies he's a pedophile in interview

Dec , 20 2014

NEW YORK (AP) — Former "7th Heaven" star Stephen Collins declares he's not a pedophile, and insists he has molested a minor on just one occasion and engaged in sexual misconduct with only three girls in all.


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Ashanti 'shocked' by prospect of stalker retrial

Dec , 20 2014

NEW YORK (AP) — Ashanti is appalled by the prospect of facing her accused stalker again in court, but the Grammy-winning R&B singer said Friday she's determined to see the case through after a mistrial.


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