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Example Headline of Genre for Date
China Construction Bank '06 profit down
AP - China Construction Bank, the country's biggest property lender, reported a 2 percent decline in net profit last year following the loss of a tax concession related to its restructuring the year before.
European stocks shine, London hits six-year high
AFP - European equity markets sparkled on Monday, with London's FTSE 100 shares index at the highest level for almost six and a half years as investors spied a potential bidding war for Dutch bank ABN Amro.
Futures rise, lifted by purchase of Sallie Mae
Reuters - Stock futures rose on Monday, with
investors cheered by news that Sallie Mae, the largest U.S.
student loan company, has agreed to be bought by an investor
group for $25 billion.
Nasdaq to take $25 mln in LSE-bid charges
Reuters - Nasdaq Stock Market Inc. said
it would take a first-quarter charge of $24.9 million, or 10
cents a share, for expenses from its failed bid for the London
Stock Exchange .
Mattel posts higher-than-expected profit
Reuters - Mattel Inc. on Monday posted a
surprise first-quarter profit as sales of Hot Wheels and Fisher
Price toys rose.
Wall St seen up on Sallie Mae, sales data
Reuters - Stocks were set to open higher on
Monday, boosted by news of a $25 billion buyout of student loan
company Sallie Mae, solid earnings reports and data pointing to
continued strength in consumer spending.
Japan, Hong Kong stocks finish higher
AP - Asian markets advanced strongly Monday, with Japanese stocks lifted by exporters like Toyota and Canon, while Hong Kong's benchmark index jumped 2.1 percent. Markets in Australia, China, Indonesia and South Korea all closed at record highs.
Nasdaq sees $24.9 mln in LSE-bid charges
Reuters - Nasdaq Stock Market Inc. said
it will take a first-quarter charge of $24.9 million, or 10
cents a share, for expenses from its failed bid for the London
Stock Exchange .
Bank stocks lead FTSE higher
FT.com - The prospect of further M&A in the banking sector drove the FTSE 100 to a fresh six-and-a-half year high on Monday.
Weaker yen lifts shares of Japan exporters
FT.com - Japanese stocks advanced strongly on Monday in response to a weaker yen, which drove up export-focused stocks.
Wachovia 1Q profit up 33 pct. to $2.30B
AP - Wachovia Corp. said Monday its first-quarter earnings rose 33 percent, helped by growth in lending income and the acquisition of Golden West Financial Corp.
Citigroup 1Q earnings decline 11 percent
AP - First-quarter profit at Citigroup Inc. dropped 11 percent as the nation's largest financial institution took a charge to cover a massive restructuring designed to cut costs and improve earnings. Still, the results announced Monday beat Wall Street expectations.
Mattel beats view as Hot Wheels sales rise
Reuters - Mattel Inc. posted
better-than-expected first-quarter results on Monday as sales
of Hot Wheels rose and increased global demand for the Barbie
line offset a dip in the United States.
Stocks Rise Amid Profit, Economic News
AP - Wall Street began the week with a strong start Monday as better-than-expected profits at Citigroup Inc. and a healthy increase in consumer spending renewed investors' optimism about the economy. The Dow Jones industrials rose nearly 100 points.
Bank stocks lead FTSE to 6½ year high
FT.com - The prospect of further M&A in the banking sector drove the FTSE 100 to a fresh six-and-a-half year high on Monday.
Wachovia 1Q profit rises 33 percent
AP - Wachovia Corp. said Monday its first-quarter earnings rose 33 percent, helped by growth in lending income and the acquisition of Golden West Financial Corp.
Mattel 1Q profit slips, but tops Street
AP - Mattel Inc., the world's largest toy maker, said Monday its first-quarter profit slipped 60 percent as the year-ago period benefited from a hefty settlement, but the results beat Wall Street's expectations.
Eli Lilly 1Q profit tumbles on charges
AP - Pharmaceuticals maker Eli Lilly and Co. said Monday its first-quarter earnings slid 39 percent, hurt by charges related to restructuring and an acquisition. But the results exceeded Wall Street forecasts, and the company boosted its full-year financial targets.
Wall St higher on earnings and deals
FT.com - Wall Street moved slightly higher on Monday, as several earnings results arrived ahead of expectations and Sallie Mae, the student loan lender, agreed to a $25bn buyout.
Wall Street set for gains on earnings and deals
FT.com - Wall Street was set for a higher start on Monday, as several earnings results arrived ahead of expectations and Sallie Mae, the student loan lender, agreed to a $25bn buyout.
Lilly beats Street on Cymbalta demand
Reuters - Eli Lilly and Co. reported
better-than-expected first-quarter profit on Monday amid
surging demand for depression treatment Cymbalta and higher
sales of other drugs, sending its shares up 2 percent.
Eaton profit up but still sees industry decline
Reuters - Diversified manufacturer Eaton Corp.
posted a better-than-expected 12.5 percent
first-quarter profit gain on strong demand across its
businesses and raised its full-year outlook on Monday, sending
its shares to an all-time high.
Wall St rallies on profits, deals and sales data
FT.com - US stocks rose sharply on Monday as earnings and deals news, plus better-than-expected March retail sales data, finally pushed the leading averages above levels reached before a slump in late February.
Possible ABN battle fires up banks
FT.com - The prospect of a takeover battle in the banking sector helped propel European stocks to fresh six-year highs on Monday.
Restructuring cuts Citi's 1Q profit
AP - Despite strong growth in revenue, profit at Citigroup Inc. fell 11 percent in the first quarter as the nation's largest financial institution took a charge to cover a massive restructuring aimed at improving earnings.
Mattel sees lower profit, higher sales
AP - Mattel Inc. reported lower first-quarter profit Monday but beat Wall Street revenue expectations with strong sales, despite a decline in demand for Barbie dolls in the U.S.
Indexes jump on Citigroup results and Sallie Mae deal
Reuters - U.S. stocks rallied on Monday,
completing their recovery from a late February sell-off as
Citigroup Inc.'s solid earnings, a deal for lender Sallie
Mae and upbeat retail sales data suggested a strong economy.
M&B in limelight as FTSE closes at 6½ year high
FT.com - Mitchells & Butlers was in focus yesterday as the FTSE 100 closed at its highest level since September 2000.
Indexes recover from February sell-off
Reuters - U.S. stocks rallied on Monday,
completing their recovery from a late February sell-off, as
Citigroup Inc. reported better-than-expected results, student
lender Sallie Mae agreed to be bought and upbeat retail data
suggested the economy remained resilient.
FICO score provider Fair Isaac sinks
Reuters - Fair Isaac Corp. , whose "FICO"
credit scores are used by millions of Americans to obtain
mortgages and other loans, on Monday cut its quarterly profit
and revenue forecasts, sending its shares down more than 10
percent after hours.
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