DJIA: 16,501.65  -12.72 (-0.08%) | NASDAQ: 4,126.967  -34.491 (-0.83%) | S&P 500: 1,875.39  -4.16 (-0.22%) Markets closed

  • Show Article Details

    * G3 currencies becalmed in absence of any major economic news. * Survey on China's manufacturing sector key for risk sentiment. * Aussie dollar eyes inflation data at home. By Ian Chua. The world's major currencies started trade on Wednesday in Asia on familiar ground after an uninspired session that kept the dollar, euro and yen locked in narrow ranges.

  • Show Article Details

    *TSX closes up 62.29 points, or 0.43 percent, at 14,555.97* Valeant soars after bid for Botox maker; CP Rail up on cheery outlook By Alastair Sharp TORONTO, April 22- Canada's main stock index notched a solid gain on Tuesday, helped by a surge in Valeant Pharmaceuticals International Inc (VRX) after it said it planned to buy Botox maker Allergan Inc and an upbeat outlook...

  • Show Article Details

    * Netflix results lift Wall St, deal talk buoys Europe. * Threats of ECB action keep euro subdued. * Oil prices fall on rising supplies. * U.S. bond prices slip before two-year supply. By Herbert Lash. Global equity markets rose on Tuesday, lifted by solid U.S. corporate earnings and deal-making activity among European drugmakers, while the euro edged above break-even.

  • Show Article Details

    *Canadian dollar at C $1.1028 or 90.68 U.S. cents* Bond prices mostly higher across the maturity curve By Leah Schnurr TORONTO, April 22- The Canadian dollar weakened modestly against the greenback on Tuesday as traders found few compelling reasons to drive the loonie in a significant direction, even as data showed domestic wholesale trade rose more than...

  • Show Article Details

    TORONTO, April 22- Canada's main stock index notched a solid gain on Tuesday, ending 0.4 percent higher on the back of a takeover bid from Valeant Pharmaceuticals International Inc (VRX) and an upbeat outlook from Canadian Pacific Railway Ltd. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 62.29 points, or 0.43 percent, at 14,555.97.

  • Show Article Details

    David Einhorn's Greenlight Capital Inc. lost 1.5% in the first quarter, the New York hedge fund said Tuesday in an investor letter, in which it warned about "our second tech bubble in 15 years." Greenlight said it lost money on its bets against Keurig Green Mountain Inc. (GMCR) and Chipotle Mexican Grill Inc. (CMG), among other wagers, while making money on Micron Technology Inc. (MU). Greenlight added new stakes in Japanese regional bank Resona Holdings (RSNHF), solar power-plant developer SunEdison Inc.,...

  • Show Article Details

    * Netflix results lift Wall St, deal talk buoys Europe. * Threats of ECB action keeps euro subdued. * Oil prices fall on rising supplies. * U.S. bond prices slip before two-year supply. By Herbert Lash. Global equity markets rose on Tuesday, powered by solid U.S. corporate earnings and deal-making activity among European drugmakers, while the euro edged above break-even.

  • Show Article Details

    LONDON-- U.K. equities advanced Tuesday, with AstraZeneca PLC (AZN) gaining on speculation the British drug maker will receive a takeover bid, while GlaxoSmithKline PLC (GSK) shares rose as the pharmaceutical heavyweight made a couple of its own deals. U.K.' s FTSE 100 index leapt 0.9% to 6,681.76, the highest closing level since April 4, according to data from FactSet, following a four-day break in trading in observance of the Easter holiday. Last week, the index finished the holiday-shortened...

  • Show Article Details

    LONDON-- Drug makers took center stage in European trading Tuesday, with AstraZeneca PLC (AZN) shares posting their best advance in nearly three years on news of a potential takeover bid, and as GlaxoSmithKline PLC (GSK) climbed on the multibillion-dollar sales of a business unit. The Stoxx Europe 600 finished up 1.4% to 337.03 as investors returned from a four-day Easter holiday break to a slate of developments in the pharmaceutical sector, the best-performing group on the pan-European...

  • Show Article Details

    Portuguese debt yields fell back towards eight-year lows on Tuesday as Lisbon prepared to auction bonds this week, the first auction in three years. Wednesday's 750 million-euro sale of 10-year bonds, which follows a series of syndicated bond offerings since early 2013, will help show that the country can finance itself after its planned exit from an EU/IMF bailout on May 17.

  • Show Article Details

    * March U.S. existing home sales dip less than expected. * ECB's Draghi speech may weigh on euro. * Euro zone PMIs and German IFO a key focus. By Daniel Bases. Investors trimmed their positions of U.S. dollars on Tuesday after a two-week run higher, unmoved by a U.S. March existing home sales report that beat expectations but showed a modest decline from the prior month.

  • Show Article Details

    By Alastair Sharp TORONTO, April 22- Canada's main stock index rose on Tuesday, helped by a surge in Valeant Pharmaceuticals International Inc (VRX) after it agreed to buy Botox maker Allergan Inc and an upbeat outlook from Canadian Pacific Railway Ltd. Shares in Canada's second largest railway jumped 5.4 percent to C $172.83 after it reported strong...

  • Show Article Details

    * FTSEurofirst 300 up 1.4 pct, Euro STOXX 50 up 1.3 pct. * Indexes extend gains after strong euro zone consumer confidence. * AstraZeneca jumps 6.3 pct on M&A talk. * Philips drops 5.5 pct after disappointing earnings. By Francesco Canepa.

  • Show Article Details

    SAN FRANCISCO-- Shares of Tesla Motors Inc. (TSLA) are up 1.7% in early trading Tuesday as the company started selling its cars in China and Chief Executive Elon Musk vowed to build cars in the country in the next three to four years. Musk said the company will invest big on building a network of charging stations in the country as fast as it can to serve its Chinese customers, according to reports. Musk has said it hopes to sell about 5,000 vehicles a year in China.

  • Show Article Details

    Brazil's financial markets have soared over the past month on hopes that the government may run smaller deficits, stop interfering as much in the private sector and perhaps even undertake long-needed reforms to revive the economy. But some of the most experienced Brazil-watchers on Wall Street are saying: Not so fast, guys.

  • Show Article Details

    TORONTO, April 22- Canada's main stock index turned positive soon after the open on Tuesday, helped by a surge in Valeant Pharmaceuticals International Inc (VRX) after it agreed to buy Botox maker Allergan Inc. The Toronto Stock Exchange's S&P/TSX composite index was up 17.38 points, or 0.12 percent, at 14,511.06 shortly after the open, after initially dipping...

  • Show Article Details

    *Canadian dollar at C $1.1007 or 90.85 U.S. cents* Bond prices mostly lower across the maturity curve By Leah Schnurr TORONTO, April 22- The Canadian dollar was little changed on Tuesday as traders found few compelling reasons to drive the loonie in either direction, even as data showed domestic wholesale trade rose more than expected in February.