Thursday, March 5, 2015

05-Mar-2015 15:59

Mallinckrodt to Buy Ikaria for $2.3 Billion - Wall Street Journal :: http://www.wsj.com/articles/mallinckrodt-to-buy-ikaria-for-2-3-billion-to-expand-into-critical-care-1425559205

UPDATE 1-Bank of England keeps rates on hold, six years after crisis cut - Reuters :: http://www.reuters.com/article/2015/03/05/britain-boe-idUSL5N0W735G20150305

RPT-US banks plead for more tailored approach to Fed stress tests - Reuters :: http://www.reuters.com/article/2015/03/05/usa-banks-stresstests-idUSL1N0W70AU20150305

Costco Wholesale (COST) Stock Rising Today on Earnings Beat - TheStreet.com :: http://www.thestreet.com/story/13068604/1/costco-wholesale-cost-stock-rising-today-on-earnings-beat.html

Brooklyn-based Etsy filing for IPO of stock valued at $100M - New York Daily News :: http://www.nydailynews.com/new-york/brooklyn-based-etsy-filing-ipo-stock-valued-100-m-article-1.2137928

AbbVie returns to dealmaking with $21bn Pharmacylics purchase - Telegraph.co.uk :: http://www.telegraph.co.uk/finance/newsbysector/pharmaceuticalsandchemicals/11451706/AbbVie-returns-to-dealmaking-with-21bn-Pharmacylics-purchase.html

US stocks: Futures trim gains as Draghi outlines QE game plan - MarketWatch :: http://www.marketwatch.com/story/us-stocks-investors-cautious-ahead-of-ecb-crop-of-us-data-2015-03-05

Jobless claims hit highest level since May - MarketWatch :: http://www.marketwatch.com/story/jobless-claims-hit-highest-level-since-may-2015-03-05?link%3DMW_latest_news

ECB raises growth forecasts, to start printing money next week - Reuters :: http://www.reuters.com/article/2015/03/05/us-ecb-policy-idUSKBN0M10UX20150305

Saudi Arabia: Don't blame us for oil's big plunge - CNNMoney :: http://money.cnn.com/2015/03/04/investing/oil-saudi-arabia-opec/?iid%3DTL_Popular

05-Mar-2015 14:58

Citigroup (C) Completes $1.15B Sale of Akbank T.A.S. Stake - StreetInsider.com :: http://www.streetinsider.com/Corporate%2BNews/Citigroup%2B(C)%2BCompletes%2B$1.15B%2BSale%2Bof%2BAkbank%2BT.A.S.%2BStake/10343250.html

Mallinckrodt Agrees to Acquire Ikaria for $2.3 Billion - Bloomberg :: http://www.bloomberg.com/news/articles/2015-03-05/mallinckrodt-agrees-to-acquire-ikaria-for-2-3-billion

Telecom-maker Ciena Reports Wider Loss - Wall Street Journal :: http://www.wsj.com/articles/telecom-maker-ciena-reports-wider-loss-1425559013

Carney Facing Seven-Year Itch as BOE Holds Rates - Bloomberg :: http://www.bloomberg.com/news/articles/2015-03-05/carney-facing-seven-year-itch-on-rates-set-to-rise-u-k-credit

Fed's Yellen, in 2009, Urged 'Bold Action' on Growth - Wall Street Journal :: http://www.wsj.com/articles/fed-releases-transcripts-of-2009-policy-deliberations-1425481295

US stocks: Investors cautious ahead of ECB, crop of US data - MarketWatch :: http://www.marketwatch.com/story/us-stocks-investors-cautious-ahead-of-ecb-crop-of-us-data-2015-03-05

Early movers: PCYC, COST, DNKN, MCD, AAPL & more - CNBC :: http://www.cnbc.com/id/102479681

Euro hits eleven-and-a-half-year low before ECB, stocks edge higher - Reuters :: http://www.reuters.com/article/2015/03/05/us-markets-global-idUSKBN0M101N20150305

McDonald's cuts antibiotics in chicken. Why more restaurants will follow (+video) - Christian Science Monitor :: http://www.csmonitor.com/Business/The-Bite/2015/0304/McDonald-s-cuts-antibiotics-in-chicken.-Why-more-restaurants-will-follow-video

OPEC may be winning a 'price war' with US shale that it isn't waging - MarketWatch :: http://www.marketwatch.com/story/opec-may-be-winning-a-price-war-with-us-shale-that-it-isnt-waging-2015-03-04?reflink%3DMW_news_stmp

05-Mar-2015 13:57

Portugal's Bonds Rise With Italy's Before ECB Updates QE Plans - Bloomberg :: http://www.bloomberg.com/news/articles/2015-03-05/german-bonds-hold-four-day-decline-before-ecb-details-qe-buying

Rise in crude oil stockpile doesn't ease price in US market - The Market Business :: http://www.themarketbusiness.com/2015-03-05-rise-in-crude-oil-stockpile-doesnt-ease-price-in-us-market

AbbVie to Buy Pharmacyclics to Expand In Cancer Therapy - Bloomberg :: http://www.bloomberg.com/news/articles/2015-03-05/abbvie-agrees-to-buy-pharmacyclics-to-expand-in-cancer-therapy

Citigroup Loses $800 Million as It Exits Turkey's Akbank - Bloomberg :: http://www.bloomberg.com/news/articles/2015-03-05/citigroup-loses-800-million-as-it-exits-akbank-after-8-years

Costco profit tops estimates on tax, low gas price - MarketWatch :: http://www.marketwatch.com/story/costco-profit-tops-estimates-on-tax-low-gas-price-2015-03-05

The Biggest Banks Aren't Ready to Shrink - Bloomberg :: http://www.bloomberg.com/news/articles/2015-03-05/bank-capital-rules-would-smaller-banks-really-be-safer-

Must-See Charts: How to Trade 5 Big Stocks for Big Gains - TheStreet.com :: http://www.thestreet.com/story/13068139/1/must-see-charts-how-to-trade-5-big-stocks-for-big-gains.html

Sixth year after historic UK rate cut, what next? - CNBC :: http://www.cnbc.com/id/102479326

ECB poised to raise funding for Greek banks as euro falls to 11-year low - Telegraph.co.uk :: http://www.telegraph.co.uk/finance/economics/11451105/European-Central-Bank-readies-for-quantitative-easing.html

Lower China Growth Goal Doesn't Spook Foreign Companies - Wall Street Journal :: http://www.wsj.com/articles/lower-china-growth-goal-doesnt-spook-foreign-companies-1425558218

05-Mar-2015 12:56

UPDATE 1-Costco's quarterly profit tops estimates on tax benefit - Reuters :: http://www.reuters.com/article/2015/03/05/costco-wholesale-results-idUSL4N0W73CH20150305

China stocks fall on growth target cut, Europe up before ECB - Washington Post :: http://www.washingtonpost.com/business/china-stocks-lead-asia-lower-after-annual-growth-target-cut/2015/03/04/4fcc44e6-c2e2-11e4-a188-8e4971d37a8d_story.html

What was going on in the mind of Fed officials in 2009, the scariest time for US ... - Economic Times :: http://economictimes.indiatimes.com/news/international/business/what-was-going-on-in-the-mind-of-fed-officials-in-2009-the-scariest-time-for-us-economy/articleshow/46467074.cms

Fed's 'Beige Book' Is Decidedly Blue Over Energy Sector - The Fiscal Times :: http://www.thefiscaltimes.com/2015/03/05/Fed-s-Beige-Book-Decidedly-Blue-Over-Energy-Sector

German factory orders down more than expected in January - News & Observer :: http://www.newsobserver.com/news/business/article12568952.html

UPDATE 3-Brent above $61 as Iran news offsets US stockpiles - Reuters :: http://www.reuters.com/article/2015/03/05/markets-oil-idUSL4N0W72AP20150305

China signals "new normal" with higher spending, lower growth target - Reuters :: http://in.reuters.com/article/2015/03/05/china-parliament-idINL4N0W63JJ20150305

Citigroup Sells Stake in Turkish Bank for $1.16 Billion - New York Times :: http://www.nytimes.com/2015/03/06/business/dealbook/citigroup-akbank.html

ECB Expected to Detail Bond-Buying Program at Cyprus Meeting - New York Times :: http://www.nytimes.com/2015/03/06/business/international/ecb-bond-buying-rates-cyprus.html

AbbVie to Buy Pharmacyclics to Expand In Cancer Therapy - Bloomberg :: http://www.bloomberg.com/news/articles/2015-03-05/abbvie-agrees-to-buy-pharmacyclics-to-expand-in-cancer-therapy

05-Mar-2015 11:55

Saudi Arabia Vows to Keep Pumping as Oil Plan Is Successful - Bloomberg :: http://www.bloomberg.com/news/articles/2015-03-04/saudi-arabia-to-keep-pumping-as-much-oil-as-its-customers-need

Federal Reserve survey finds US economy growing at moderate pace - The Denver Post :: http://www.denverpost.com/business/ci_27646754/federal-reserve-survey-finds-u-s-economy-growing

German industrial orders plunge, darkening first-quarter growth outlook - Reuters :: http://www.reuters.com/article/2015/03/05/us-germany-economy-orders-idUSKBN0M10MO20150305

AbbVie boosts cancer drug pipeline with $21 billion Pharmacyclics deal - Reuters :: http://www.reuters.com/article/2015/03/05/us-pharmacyclics-m-a-abbvie-idUSKBN0M109920150305

UPDATE 1-Costco's quarterly profit tops estimates on tax benefit - Reuters :: http://www.reuters.com/article/2015/03/05/costco-wholesale-results-idUSL4N0W73CH20150305

China signals 'new normal' with higher spending, lower growth target - Reuters :: http://www.reuters.com/article/2015/03/05/us-china-parliament-idUSKBN0M103W20150305

GLOBAL MARKETS-Euro hits 11-yr low before ECB, stocks edge higher - Reuters :: http://www.reuters.com/article/2015/03/05/markets-global-idUSL5N0W71ZZ20150305

ECB to raise growth forecasts, flesh out bond-buying plan - Reuters :: http://www.reuters.com/article/2015/03/05/us-ecb-policy-idUSKBN0M10UX20150305

Brent above $61 as Iran news offsets US stockpiles - Reuters :: http://www.reuters.com/article/2015/03/05/us-markets-oil-idUSKBN0M10DG20150305

What was going on in the mind of Fed officials in 2009, the scariest time for US ... - Economic Times :: http://economictimes.indiatimes.com/news/international/business/what-was-going-on-in-the-mind-of-fed-officials-in-2009-the-scariest-time-for-us-economy/articleshow/46467074.cms

05-Mar-2015 10:54

Saudi Arabia Vows to Keep Pumping as Oil Plan Is Successful - Bloomberg :: http://www.bloomberg.com/news/articles/2015-03-04/saudi-arabia-to-keep-pumping-as-much-oil-as-its-customers-need

German factory orders down more than expected in January - Chron.com :: http://www.chron.com/business/article/German-factory-orders-down-more-than-expected-in-6116060.php?World_Business_News%3D

China Lowers Growth Goal to About 7% as Li Flags Challenges - Bloomberg :: http://www.bloomberg.com/news/articles/2015-03-05/china-lowers-growth-target-to-about-7-as-headwinds-intensify

Brent sticks above $60; Iran news offsets bearish US stockpiles - Reuters :: http://in.reuters.com/article/2015/03/05/markets-oil-idINL4N0W72AP20150305

Fed's Yellen, in 2009, Urged 'Bold Action' on Growth - Wall Street Journal :: http://www.wsj.com/articles/fed-releases-transcripts-of-2009-policy-deliberations-1425481295

Costco Profit Beats Forecasts in Second Quarter - Wall Street Journal :: http://www.wsj.com/articles/costco-q2-profit-beats-forecasts-boosted-by-tax-benefit-1425545440

Etsy Lost Its Soul, But That Doesn't Matter to Its IPO - Wired :: http://www.wired.com/2015/03/etsy-lost-soul-doesnt-matter-ipo/

Euro Slides to 11-Year Low Before ECB; China Stocks Slip - Bloomberg :: http://www.bloomberg.com/news/articles/2015-03-04/asian-futures-slip-amid-u-s-stock-drop-euro-holds-slump

AbbVie boosts cancer drug pipeline with $21 bln Pharmacyclics deal - Reuters :: http://in.reuters.com/article/2015/03/05/pharmacyclics-ma-abbvie-idINL4N0W71ZX20150305

05-Mar-2015 09:53

Berkshire Hathaway Inc. News Release - Insurance News Net :: http://insurancenewsnet.com/oarticle/2015/03/04/berkshire-hathaway-inc-news-release-a-603086.html

Oil Fluctuates on China's Lower Growth Target, Libyan Supply Issues - Nasdaq :: http://www.nasdaq.com/article/oil-fluctuates-on-chinas-lower-growth-target-libyan-supply-issues-20150305-00015

McDonald's Moving to Limit Antibiotic Use in Chickens - New York Times :: http://www.nytimes.com/2015/03/05/business/mcdonalds-moving-to-antibiotic-free-chicken.html

Fed's Yellen, in 2009, Urged 'Bold Action' on Growth - Wall Street Journal :: http://www.wsj.com/articles/fed-releases-transcripts-of-2009-policy-deliberations-1425481295

China stocks lead Asia lower after annual growth target cut - U-T San Diego :: http://www.utsandiego.com/news/2015/mar/04/china-stocks-lead-asia-lower-after-annual-growth/

AbbVie in $21bn swoop on Pharmacyclics - Financial Times :: http://www.ft.com/cms/s/0/df06a836-c2b0-11e4-ad89-00144feab7de.html

German industrial orders plunge, darkening first-quarter growth outlook - Reuters :: http://www.reuters.com/article/2015/03/05/us-germany-economy-orders-idUSKBN0M10MO20150305

Euro slides to new 11-year low - Financial Times :: http://www.ft.com/cms/s/0/1d9e7786-c2e3-11e4-a59c-00144feab7de.html

US economy on moderate growth track - iAfrica.com :: http://business.iafrica.com/worldnews/985557.html

China Lowers Growth Goal to About 7% as Li Flags Challenges - Bloomberg :: http://www.bloomberg.com/news/articles/2015-03-05/china-lowers-growth-target-to-about-7-as-headwinds-intensify