RefBan

Referral Banners

Yashi

Monday, May 13, 2013

Business Today: Retail sales gain shows some strength in economy

Click to View in Browser
05/13/2013
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
Retail sales gain shows some strength in economy
WASHINGTON (Reuters) - Retail sales unexpectedly rose in April, pointing to underlying strength in the economy and leading forecasters to bump up second-quarter growth estimates.
Wall Street ends near flat after recent gains; healthcare climbs
NEW YORK (Reuters) - Stocks ended flat on Monday, pausing after hitting record highs last week, but strength in healthcare issues helped to keep declines in check.
Donations, lobbying by high-speed traders on the rise: report
WASHINGTON (Reuters) - High-frequency trading firms increased their campaign contributions to federal lawmakers by 673 percent from the 2008 to the 2012 election cycle, according to a report that sheds light on their political connections in Washington and efforts to impact policymaking.
Dell committee seeks more info from Icahn, Southeastern
NEW YORK (Reuters) - Dell Inc's special board committee asked activist investor Carl Icahn on Monday for details of his plan to buy the computer maker, including how he would finance a cash payout for shareholders and who would run the company if his preferred slate of board directors was installed.
Bloomberg's top editor calls client data policy 'inexcusable'
NEW YORK (Reuters) - Matthew Winkler, editor-in-chief of Bloomberg News, apologized on Monday for allowing journalists "limited" access to sensitive data about how clients used Bloomberg terminals, saying it was "inexcusable", but that important customer data had always been protected.
Transocean chairman to step down after Icahn attack
(Reuters) - Transocean Ltd said on Monday that Chairman Michael Talbert will step down later this year, in a move that comes just days before the culmination of a fight between the offshore driller and investor Carl Icahn in which Talbert was a target.
CBOE keeps index franchise as justices stay out of dispute
WASHINGTON (Reuters) - CBOE Holdings Inc won a long-running legal battle to prevent rival International Securities Exchange from listing options on two key U.S. stock-market indexes, after the U.S. Supreme Court on Monday declined to consider their dispute.
Bernanke to speak on economy to Congress on May 22
WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke will deliver testimony on May 22 on the outlook for the U.S. economy before the Joint Economic Committee of Congress, according to an announcement on the website of committee chairwoman Amy Klobuchar.
SocGen CEO's 2012 bonus rises 75 percent
PARIS (Reuters) - Societe Generale Chief Executive Frederic Oudea's bonus rose 75 percent last year to 1.2 million euros ($1.56 million), even as France's No. 2 bank moved to cut costs and sell assets.
Activist investor to push for new debt deal at PagesJaunes
PARIS (Reuters) - Activist investor Guy Wyser-Pratte said he is seeking board seats at French phone directories company PagesJaunes to force its biggest shareholder - U.S. private equity firm Cerberus - to cut the group's debt.
Related Video
Seeking unity on banking union
No UK referendum on EU needed -Cameron
Economic News
Retail sales gain shows some strength in economy
Bernanke to speak on economy to Congress on May 22
SUBSCRIBE TO OTHER REUTERS NEWSLETTERS
Counterparties
A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today  
 Money
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today  
» MORE NEWSLETTERS
- 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters
Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details
Subscribe to other Reuters newsletters.
Unsubscribe from this newsletter.
Follow us on Twitter facebook Friend us on Facebook Forward this newsletter to a friend Forward to a friend

No comments:

Yashi

Chitika