Capital Markets News
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Updated 16 minutes ago
Morgan Stanley’s William Bryan Jennings, the bank’s bond-underwriting chief in the U.S., was charged with a hate crime in the Connecticut stabbing of a New York City cab driver of Middle Eastern descent.
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Updated 39 minutes ago
Canada’s economic growth slowed in the fourth quarter as weaker foreign trade blunted gains in consumer spending and business investment.
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Updated 30 minutes ago
Belgacom SA, the largest telephone company in Belgium, fell the most in nine months in Brussels trading after signaling that promotions will lead to a deeper cut in 2012 earnings than most analysts projected.
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CIMB Group Holdings Bhd., Malaysia’s second-biggest lender, plans to keep the majority of the 150 Australia-based staff currently employed in the divisions of Royal Bank of Scotland Group Plc that it seeks to acquire.
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The yuan rose after U.S. employment data added to evidence of improvement in the world’s largest economy, brightening the outlook for China’s exports and fueling demand for emerging-market assets.
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Viacom Inc. Chairman Sumner Redstone won’t attend the company’s annual meeting because of an “unavoidable conflict.”
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Canada’s dollar gained to a five- month high against its U.S. counterpart on optimism demand for raw materials will accelerate as the global economy expands.
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Treasuries fell as a report showed weekly jobless claims matched a four-year low and Federal Reserve Chairman Ben S. Bernanke for the second day failed to indicate the central bank will boost economic stimulus.
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Royal Bank of Canada and Toronto- Dominion Bank, the country’s two biggest banks, raised their dividends after reporting profits that topped analysts’ estimates on record earnings from consumer lending.
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Pharmacyclics Inc., the developer of blood cancer treatments with Johnson & Johnson, rose as much as 10 percent today ahead of a delayed investor conference call scheduled later this month.
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