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MARKET SNAPSHOT: Dow Gives Up 300-point Gain To End Lower As Bond Yields Rise After Fed Minutes
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Thursday, 22 February
GM proposes $2.8 billion, 10-year investment in South Korea: government official
1d ago - SEOUL, Feb 21 (Reuters) - General Motors (GM) (>> General Motors Corporation) has proposed an investment of $2.8 billion into its loss-making South Korean operations over the next 10 years and has asked Seoul to provide its share of the funds, a South Korean government official said on Wednesday.
Stocks fall, yields and dollar rise after Fed minutes
1d ago - NEW YORK (Reuters) - The benchmark 10-year U.S. Treasury yield hit a four-year high, the dollar rose and stocks fell on Wednesday in a rocky session after the Federal Reserve at its latest policy meeting showed more confidence in the need to keep raising interest rates.
In a Fresh Sign of Strength, Glencore Quadruples Earnings
1d ago - By Scott Patterson Glencore PLC on Wednesday said it quadrupled its earnings in 2017, increased its dividend payout to investors and was on...
SAP Declares 12% Increase to 2017 Dividend
1d ago - By Marc Navarro Gonzalez SAP SE said Wednesday that its executive and supervisory boards have recommended a 12% increase in the...
Iberdrola Says 4Q Net Profit Fell, Raises Dividend
1d ago - By Marc Bisbal Arias Iberdrola SA said Wednesday that its fourth-quarter net profit fell year-on-year, and that it was raising its...
AA's breakdown lands hedge funds $22 million potential payday
1d ago - LONDON (Reuters) - Ten hedge funds betting on a fall in AA shares are set to reap collective paper profits of more than 16 million pounds after its stock dropped by up to 30 percent.
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