Career News 24/7: Before the Bell: U.S. retail sales post biggest gain in one-and-a-half years

Monday, April 14, 2014

Before the Bell: U.S. retail sales post biggest gain in one-and-a-half years

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04/14/2014

Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between

U.S. retail sales post biggest gain in one-and-a-half years

WASHINGTON (Reuters) - U.S. retail sales recorded their largest gain in 1-1/2 years in March, in the latest sign the economy was emerging from its weather-induced slumber and on track to accelerate in the second quarter.

Citigroup profit rises on smaller loss from troubled assets

(Reuters) - Citigroup Inc's quarterly net profit rose 4 percent as a smaller loss on its troubled assets made up for a drop in revenue and profit from its core trading and lending businesses.

Stock futures tick up after Citi earnings; eyes on Ukraine

NEW YORK (Reuters) - Stock index futures edged higher on Monday, following a large selloff last session, with earnings results from Citigroup lifting sentiment while traders kept tabs on the possible escalation of hostilities in Ukraine.

Private money, public projects: More U.S. states doing deals

(Reuters) - Visitors to New York who land at LaGuardia Airport could be forgiven for not realizing they've arrived in one of the world's swankiest cities.

GE Capital seen ripe for more slimming after credit card IPO

(Reuters) - As General Electric Co starts spinning off its consumer credit card business, some on Wall Street are hoping that the U.S. industrial conglomerate will eventually slim down its GE Capital finance unit even further.

Housing industry asks $5 trillion question: what does Watt want?

WASHINGTON (Reuters) - The U.S. housing industry has waited three months to find out how Mel Watt will govern taxpayer-owned mortgage companies Fannie Mae and Freddie Mac , and have been frustrated by his silence.

GM's Opel unit may break even before 2016: WSJ

(Reuters) - General Motors Co's loss-making European unit, Opel, may break even before its 2016 deadline, the Wall Street Journal reported, following an interview with the unit's chief executive, Karl-Thomas Neumann.

World trade picture improves but 2014 still below trend: WTO

GENEVA (Reuters) - The World Trade Organization slightly raised its 2014 forecast for growth in global goods trade to 4.7 percent on Monday, saying it did not expect a return to the historical trend level of 5.3 percent until 2015.

Goldman dodges a shareholder battle that dogs rivals

NEW YORK (Reuters) - When Goldman Sachs Group Inc filed its shareholder proxy earlier this month, it was free of a proposal that has become increasingly popular among corporate governance activists: a demand for more disclosure about lobbying.

Investors support deals spree, happy to see U.S. companies buy growth

NEW YORK (Reuters) - After years of responding to shareholder calls for stock buybacks and dividends, major American companies are hearing a different demand from investors: buy growth.