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  • 08/19/2017 10:31:53

    At least one dead, 5 burned in eastern Mexico pipeline explosion

    MEXICO CITY, Aug 19 (Reuters) - At least one person died and five others suffered burns after a pipeline exploded during an illegal tap in the eastern Mexican state of Veracruz, state-owned oil company Pemex and state emergency services said on Saturday.

  • 08/14/2017 12:20:27

    U.S. shale oil output expected to rise by 117,000 barrels a day in September: EIA

    Shale crude-oil production from seven major U.S. oil plays is expected to see a monthly climb of 117,000 barrels a day in September to 6.149 million barrels a day, according to a monthly report from the Energy Information Administration released Monday. The report has shown increases in shale-oil output every month so far this year. Oil output from the Permian Basin, which covers parts of western Texas and southeastern New Mexico, is expected to see the largest climb among the big shale plays, with an increase of 64,000 barrels a day. September West Texas Intermediate oil continued to trade lower, down $1.02, or 2.1%, for the session at $47.80 a barrel, a few minutes before the settlement on the New York Mercantile Exchange. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/04/2017 14:35:01

    UPDATE 1-Regions Financial being probed by U.S. Attorney's Office

    Aug 4 (Reuters) - Regions Financial Corp said the U.S. Attorney's Office for the Eastern District of New York is investigating the bank's relationship with a former customer who may have been involved in criminal activity.

  • 08/04/2017 12:49:27

    Oil settles higher, but post weekly decline, ahead of OPEC compliance confab

    Oil futures finished the session sharply higher on Friday, but booked a weekly loss, as investors focused on a decline in rigs drilling for oil against a coming OPEC meeting to assess compliance of to an agreement to check global production and stabilize crude prices. On the New York Mercantile Exchange, West Texas Intermediate for delivery in September advanced 55 cents, or 1.1%, at $49.58. However for the week, crude prices finished about 0.4% lower, according to FactSet data. Crude prices added to earlier gains after a report at 1 p.m. Eastern showed that overall U.S. rig counts pulled back for the week, helping to support gains in crude-oil prices on Friday. The number of active U.S. rigs drilling for oil fell by 1 to 765 rigs this week, while those drilling for gas declined by 3 to 189, bringing the overall oil-and-gas count to 954 for the week, according to Baker Hughes. Oil had been on the rise after an upbeat reading of U.S. employment showed that 209,000 jobs were created in July, with the unemployment rate falling to a 16-year low at 4.3%. Strong U.S. jobs can suggest impending demand for crude, lifting prices. Looking ahead, investors will be focused on a meeting of the Organization of the Petroleum Exporting Countries to discuss compliance to agreed upon global production limits that run through March 2018. The meeting is set for set for Aug. 7-8 in Abu Dhabi. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/03/2017 10:54:27

    BRIEF-Eastern Co reports Q2 earnings per share of $0.23

    * Q2 adjusted earnings per share $0.48 Source text for Eikon: Further company coverage:

  • 08/02/2017 17:15:08

    The Latest: Foxconn may consider additional Wisconsin sites

    The Latest on electronic giant Foxconn locating a plant in southeastern Wisconsin (all times local): 11:10 a.m.

  • 07/28/2017 15:08:56

    BRIEF-Transeastern Power Trust announces refinancing of indebtedness

    * Transeastern Power Trust announces refinancing of indebtedness

  • 07/26/2017 10:46:27

    Foxconn to unveil plans for Wisconsin factory later Wednesday: Washington Post

    Taiwanese electronics manufacturer Foxconn, maker of Apple Inc.'s iPhone, will unveil plans to build a factory in southeastern Wisconsin later Wednesday, the Washington Post reported, citing four officials with knowledge of the announcement. The plant will make flat-screen displays and is expected to create up to 10,000 jobs, according to Wisconsin Assembly Speaker Robin Vos, the paper reported. Foxconn chairman Terry Gou told President Donald Trump he would invest at least $7 billion in the U.S. and create up to 50,000 jobs. Foxconn contracts with most major tech companies and have more than a million workers in Asia, Europe and South America. The announcement is expected to be made at 5 p.m. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/24/2017 00:46:21

    Trump to make statement on healthcare Monday: reports

    U.S. President Donald Trump is expected to deliver a statement on health care Monday, according to media reports. Trump is expected to make the comments at 3:15 p.m. Eastern Time, just ahead of an event with "victims of Obamacare" at the White House. Last week Republicans ditched a plan to repeal and replace Obamacare simultaneously after four senators refused to support it. Senate majority leader Mitch McConnell said he plans to hold a vote to repeal Obamacare this week. In a warning over healthcare late Sunday Trump tweeted: "If Republicans don't Repeal and Replace the disastrous ObamaCare, the repercussions will be far greater than any of them understand!"Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/19/2017 01:06:17

    Electrolux sees strong growth in Q2 buoyed by N America

    Swedish household appliance maker AB Electrolux says second-quarter sales and profit showed strong growth, buoyed by high demand in Eastern Europe and North America.

  • 07/17/2017 12:10:39

    U.S. shale oil output expected to rise by 113,000 barrels a day in August: EIA

    Shale crude-oil production from seven major U.S. oil plays is expected to climb in August, according to monthly report from the Energy Information Administration released Monday. Shale output is seen rising by 113,000 barrels a day to 5.585 million barrels a day in August from July, the EIA said. Oil output from the Permian Basin, which covers parts of western Texas and southeastern New Mexico, is expected to see the largest climb among the big shale plays, with an increase of 64,000 barrels a day. August West Texas Intermediate oil continued to trade lower, losing 42 cents, or 0.9%, to $46.12 a barrel, less than a half hour before the settlement on the New York Mercantile Exchange. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/13/2017 09:32:27

    Venus books ticket to first Wimbledon finals since 2009

    Venus Williams defeated Britain's Johanna Konta in straight sets on Thursday to advance to her first Wimbledon final since 2009. The 37-year old tennis player won her semifinal match 6-4, 6-2. She's slated to face Spanish star Garbine Muguruza in the women's championship match to be played on Saturday at 9 a.m. Eastern Time. Williams boasts seven grand slam titles, including five Wimbledon titles and two U.S. Open championships. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/13/2017 09:21:08

    Venus Williams beats Konta to book her ticket to first Wimbledon finals since 2009

    Venus Williams defeated Britain's Johanna Konta in straight sets on Thursday to advance to her first Wimbledon final since 2009. The 37-year old tennis player won her semifinal match 6-4, 6-2. She's slated to face Spanish star Garbine Muguruza in the women's championship match to be played on Saturday at 9 a.m. Eastern Time. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/12/2017 14:18:25

    U.S. confirms it has lifted laptop ban on EgyptAir flights

    The U.S. Department of Homeland Security said on Wednesday it has lifted a ban on state-owned EgyptAir passengers using laptops on U.S.-bound flights, leaving just two Middle Eastern airlines still under restrictions first imposed in March.

  • 07/12/2017 13:51:26

    SEC charges 13 for telemarketing stock fraud targeting elderly

    The Securities and Exchange Commission on Wednesday charged 13 individuals with fraud for alleged cold calling scams that took more than $10 million from more than one hundred victims using lies and high-pressure to sell penny stocks. The SEC alleged that sales personnel-some unregistered- used boiler room-style call centers to lie to and threaten victims - many of whom were senior citizens - into purchasing penny stocks. Victims were allegedly harassed and threatened when they complained about losses, according to the SEC's complaint. One sales representative allegedly said, "I am tired of hearing from you. Do you have any rope at home? If so tie a knot and hang yourself or get a gun and blow your head off." According to the SEC's complaint, telemarketers would direct victims to place trades and tell them how many shares to purchase and at what price and then placed opposing sell orders to dump their own shares. Victims lost millions of dollars, including retirement savings while the accused realized more than $14 million in illegal proceeds. SEC investigators learned of the alleged scheme from investor complaints and used technological tools and innovative investigative approaches to build evidence - within a matter of months from receiving the complaints - against the defendants who went to great lengths to evade detection. In a parallel action, the U.S. Attorney's Office for the Eastern District of New York announced criminal charges. In a speech on Wednesday to the Economic Club of New York, SEC Chairman Jay Clayton promised the agency would continue to prosecute stock scams, including those that target vulnerable seniors. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/10/2017 14:23:52

    Arena Pharmaceuticals stock skyrockets on positive hypertension-drug study

    Arena Pharmaceuticals Inc. shares jumped 35% in late trading Monday after the company announced positive results from a drug study. The San Diego company said that a phase 2 study of a drug targeted at pulmonary arterial hypertension, a disease that causes high blood pressure in the lungs, showed "a statistically significant absolute change from baseline." In a study of 61 patients, those that received the drug, called ralinepag, showed 29.8% greater improvement than patients in a placebo group and 20.1% improvement compared with the baseline, the company said. Arena stock topped $25 in after-hours trading immediately following the announcement, after closing with a 4.5% decline at $18.39; Arena shares have not hit $25 in regular trading since 2015. Arena planned a conference call to discuss the results for 4:30 p.m. Eastern time Monday.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/05/2017 14:07:08

    Nasdaq halts 3-session skid as tech rally powers stock-market gains

    U.S. stocks ended mostly higher Wednesday in post-holiday trade, powered by gains in technology, health-care and financial shares. Trading marked the first full session in July and follows holiday-shortened trade on Monday, with markets closed Tuesday in observance of Independence Day. The Dow Jones Industrial Average finished flat at 21,479, the S&P 500 index climbed 0.2% to finish at 2,433. Meanwhile, the Nasdaq Composite Index , enjoyed the best performance among the benchmarks on the day, advancing 0.7% at 6,150, after closing in the red in the past three sessions. A popular tech-fund, the Technology Select Sector SPDR ETF , ended 0.9% higher. Bears have fretted that brisk gains in the tech sector have left it vulnerable to a selloff. Wednesday's moves follow a release of minutes at 2 p.m. Eastern from the Federal Reserve, which signaled the central bank's intention to start to shrink its $4.5 trillion balance sheet as early as September. Reducing its balance sheet, accumulated during the 2008-'09 financial crisis, can serve as an additional tightening as the Fed aims to normalize monetary policy. Meanwhile, U.S. crude-oil prices settled more than 4% lower, snapping an 8-session rally. Lower oil prices weighed on energy-related stocks, including Chevron Corp. and Exxon Mobil Corp. . In corporate news, shares of Tesla Inc. tumbled into correction territory in the wake of downbeat deliveries data. Shares ended down 7.2%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/03/2017 11:10:55

    Stock market starts second half and July mostly in the green

    U.S. stocks ended Monday's abbreviated trade firmly higher, but off its best levels of the day, buoyed by gains in energy and bank stocks. Extended weakness in the technology sector capped gains for the broader market. The Dow Jones Industrial Average finished with a climb of 0.6% to close at 21,479, but the blue-chip benchmark ended off the all-time intraday high set during the session of 21,562.75, pressured by declines in Microsoft Corp. and Intel Corp. . The S&P 500 index gained 0.2%, but a 0.9% drop in technology shares limited a 2% rise in the energy sector --its best one-day rally since June 9, according to FactSet Data. The Nasdaq Composite Index closed off 0.5% at 6,110. Crude-oil prices gained on the day, marking the longest win streak in more than seven years. The New York Stock Exchange ended trading at 1 p.m. Eastern on Monday ahead of the Fourth of July holiday. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/30/2017 13:37:00

    Shots fired at a Bronx hospital: reports

    A shooting has occurred at Bronx Lebanon Hospital in New York City, according to numerous reports. Shots were reported at around 3 p.m. Eastern Time near the hospital at 173rd Street and Grand Concourse in the Mt. Eden section of the Bronx, according to CBS News. The NYPD tweeted that they were responding to a "shooting incident," and warning people to avoid the area around 1650 Grand Concourse. This is a developing story, so please return for further details.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/29/2017 14:14:29

    Fed Chairwoman Yellen to testify July 12 in Congress

    WASHINGTON (MarketWatch) - Federal Reserve Chairwoman Janet Yellen will deliver her twice-a-year update on the economy to the House of Representatives on Wednesday, July 12, a congressional committee said. Yellen is slated to address members of the House Financial Services Committee at 10 a.m. Eastern time. She'll also appear before the Senate, most likely the next day. A date and time has not been announced yet, however. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/22/2017 14:51:29

    UPDATE 4-Tropical depression brings flooding to U.S. Gulf Coast states

    June 22 (Reuters) - A tropical depression formerly known as Tropical Storm Cindy caused flooding on Thursday in several U.S. southeastern states, spawned a tornado that injured four people in Alabama, and cut 16 percent of Gulf of Mexico oil production.

  • 06/22/2017 01:07:08

    HS2 franchise: Bidder shortlist revealed

    Government reveals firms which want to run the West Coast Main Line, HS2 and South Eastern rail franchises

  • 06/20/2017 17:07:13

    BRIEF-Eastern Capital Ltd acquires additional shares and warrants of Resverlogix Corp

    * Eastern Capital Limited acquires additional shares and warrants of Resverlogix Corp

  • 06/15/2017 15:10:55

    Pence reportedly hires his own outside lawyer for Russia questions

    Vice President Mike Pence has hired outside legal counsel to help with congressional and the special counsel investigations into collusion between the Trump campaign and Russia, The Washington Post reported, citing Pence's office. Pence has retained former U.S. Attorney for the Eastern District of Virginia Richard Cullen, who is chairman of McGuire Woods, the Post reported. President Trump has his own private lawyer, Marc Kasowitz.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/14/2017 11:54:16

    Gold books its first gain in 6 sessions as dollar falls

    Gold settled higher Wednesday, booking its first gain in six sessions ahead of what is widely expected to be the Federal Reserve's second interest-rate hike of the year due to be announced at 2 p.m. Eastern Time. August gold finished up $7.30, or 0.6%, at $1,275.90 an ounce, as the dollar, as measured by the ICE U.S. Dollar Index , was down 0.5%. A weaker dollar can make assets priced in the currency, like gold, more attractive to buyers using weaker monetary units. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/14/2017 11:39:29

    Indigo Partners to sell its 18.7 percent Wizz Air stake

    Indigo Partners, the private equity firm managed by Bill Franke, the veteran U.S. low-cost airline investor, is selling its 18.7 percent stake in eastern European low-cost carrier Wizz Air (WZZAF), it said on Wednesday. Franke made his name as a champion of unbundled fares in ultra-low-cost airlines, where passengers are offered cheap base ticket prices with extra charges for other services.

  • 06/12/2017 12:21:17

    U.S. shale-oil output expected to rise by 127,000 barrels a day in July: EIA

    Oil production from seven major U.S. shale plays is projected to rise by 127,000 barrels a day to 5.475 million barrels a day in July from June, according to a monthly report from the Energy Information Administration released Monday. Oil output from the Permian Basin, which covers parts of western Texas and southeastern New Mexico, is expected to see the largest climb among the big shale plays, with an increase of 65,000 barrels a day. July West Texas Intermediate oil held onto its earlier gains, trading 42 cents, or 0.9%, higher at $46.25 a barrel, a few minutes before the settlement on the New York Mercantile Exchange.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/09/2017 10:59:15

    Tech stocks suffer sudden, sharp slide

    Technology stocks suddenly dropped around noon Eastern time on Friday, sending the Nasdaq composite index down 1% in less than an hour. Popular tech stocks including Apple Inc. , Facebook Inc. , Alphabet Inc. , Netflix Inc. , Salesforce.com Inc. , Microsoft Corp. and Twitter Inc. suffered swings at roughly the same time, pushing all those stocks down more than 1.5% for the session by 1 p.m. The SPDR Technology Select Sector exchange-traded fund also dropped by about 1% between noon and 1 p.m., showing a broad and sudden decline for technology stocks.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/07/2017 16:01:17

    Conservatives have 7-point edge in YouGov's final U.K. election projection

    The final YouGov projection before Thursday's U.K. snap election predicts the Conservatives will prevail and gain seats in Parliament, though far fewer than predicted six weeks ago. According to the YouGov model, Conservatives will end up with 42% of the votes to Labour's 35%, with Liberal Democrats getting 10% and UKIP 5%. The exact number of seats Tories will gain was unclear, YouGov said, but it is unlikely to be the landslide majority predicted in April. On who would make a better prime minister, YouGov reported 43% said Theresa May, while 32% said Jeremy Corbyn. Polls will close at 10 p.m. Thursday (5 p.m. Eastern time), which is when the first exit polls will be released, giving an indication of who may have won.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/01/2017 10:31:17

    Russia, China, M.East funds agree Eurasia Drilling investment

    MOSCOW, June 1 (Reuters) - A consortium of Russian, Chinese and Middle Eastern funds have agreed the principal terms of an investment in Eurasia Drilling, the Russian Direct Investment Fund (RDIF) said in a statement on Thursday.

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