FMX | Connect – www.fmxconnect.com - (Reported 5/13/2010)
- Asia stocks rally, bond risk falls as Europe debt concern eases; Won gains.
- Australian employment rises, driving currency higher on rate speculation.
- Bank of Korea to press government to reduce its involvement in meetings on interest rates.
- Experts see Europe crisis delaying Fed rate boost.
- US Prosecutors start criminal probe into Wall Street banks.
- Yuan Forwards climb as US-China talks may lead to appreciation.
- Celanese announces emulsions price increases of €80/tonne in Europe, Africa & Middle East.
- Allianz 1Q net income beats estimates on life and asset management
- AstraZeneca's $520M U.S. settlement rewards repeat whistleblowers
- BOA’s Moynihan becomes Obama's top Wall Street ally on financial-rules overhaul
- BT Group 4Q operating profit increases helped by job cuts
- Cincinnati Bell to acquire CyrusOne Data Center operations for $525M cash.
- Cisco says FY4Q sales up 25-28% to $10.68-10.93B from year-ago.
- Crescent Point Energy Corp. to buy closely held Shelter Bay Energy for $960M.
- DryShips Inc. swung to Q1 profit following a $166.7M prior-year loss on contract cancellations.
- Enel SpA Q1 profit slipped 45% to €1.05B after a gain had flattered year-earlier results.
- HTC Corp. files patent complaint to block Apple IPhone, IPad in US.
- Kohl's May net income up from $137M to $199M.
- Jones Apparel is shopping for more brands in the "accessible luxury" segment.
- Procter & Gamble raises $1.1B from first Yen bond sale in a decade
- SAP to buy Sybase for $5.8B, expanding software rivalry with Oracle.
- Sara Lee to sell its 51% stake in Godrej Sara Lee JV to India's Godrej Consumer for €185M.
- SingTel Q4 net up 12% at S$1.02B; operating revenue growth to slow.
- Sony's first annual profit forecast in three years falls short of estimate.
- Sprint's first 4G phone to go on sale June 4.
- URS Corp.'s Q1 profit grew 27% on a tax benefit, to $95.6M. Revs fell 12% to $2.21B.
- Whole Foods' Q2 net more than doubled to $67.4M; ups full-year EPS f'cast.
Source: ZeroHedge
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