Breaking Stock Market and Financial News

Italian minister, after talking to Renzi, sees new election likely in February

Top Reuters News - 9 hours 53 min ago
ROME (Reuters) - Italy could have an election as early as February, a minister in Prime Minister Matteo Renzi's outgoing government said on Tuesday, speaking after talking to Renzi.

BRIEF-Matador Resources announces pricing of upsized public offering of common stock

Reuters Us Markets - 9 hours 54 min ago
* Matador Resources Co - total gross proceeds of offering, before estimated offering fees and expenses, are approximately $147.9 million

BRIEF-CEMEX to meet $1.5-$2 bln 2017 asset disposal target ahead of schedule

Reuters Us Markets - 9 hours 55 min ago
* Cemex SAB De CV - has reduced total debt plus perpetual securities by more than U.S.$2 billion year to date

UPDATE 1-Italian minister, after talking to Renzi, sees new election likely in February

Reuters Us Markets - 9 hours 55 min ago
ROME, Dec 6 (Reuters) - Italy could have an election as early as February, a minister in Prime Minister Matteo Renzi's outgoing government said on Tuesday, speaking after talking to Renzi.

BRIEF-BMO Financial Group posts Q4 adjusted earnings of C$2.10/share

Reuters Us Markets - 9 hours 56 min ago
* BMO Financial Group reports net income of C$4.6 billion for fiscal 2016

Russia c.bank unlikely to revise oil forecast "significantly" -dep governor

Reuters Us Markets - 9 hours 58 min ago
LONDON, Dec 6 (Reuters) - Russia's central bank will probably not significantly revise up its oil price forecasts, deputy governor Ksenia Yudayeva said on Tuesday.

Azeri cbank head says could revise rates next year

Reuters Us Markets - 10 hours 2 min ago
BAKU, Dec 6 (Reuters) - Azerbaijan's central bank could revise interest rates next year if needed to preserve macroeconomic stability, the bank's governor, Elman Rustamov, said on Tuesday.

Zimmer tests debt market after Italy woes

Reuters Us Markets - 10 hours 2 min ago
LONDON, Dec 6 (IFR) - US firm Zimmer Biomet Holdings will be the first company to test the European debt market since Prime Minister Matteo Renzi's defeat in the referendum on Sunday sparked...

Britain will need act of parliament to trigger Brexit if loses court battle -lawyer

Reuters Us Markets - 10 hours 11 min ago
LONDON, Dec 6 (Reuters) - British Prime Minister Theresa May's government will have to put forward a parliamentary bill if it loses a Supreme Court case over whether it can begin Brexit talks without...

UPDATE 1-GoDaddy to buy Host Europe for $1.82 bln to boost web hosting business

Reuters Us Markets - 10 hours 11 min ago
Dec 6 (Reuters) - U.S.-based website domain name provider GoDaddy Inc said on Tuesday it would buy peer Host Europe Group (HEG) for 1.69 billion euros ($1.82 billion), including debt, as it looks to...

Trump victory pushes up spot trading on Thomson Reuters FX platforms

Reuters Us Markets - 10 hours 13 min ago
LONDON, Dec 6 (Reuters) - Average daily spot trading volumes on currency trading platforms run by Thomson Reuters jumped to a five-month high in November, the company said on Tuesday, boosted by big...

Obama to deliver speech defending his counterterrorism fight

Top Reuters News - 10 hours 39 min ago
WASHINGTON (Reuters) - President Barack Obama will make the case on Tuesday that his counterterrorism policies have helped protect Americans from evolving international threats as he prepares to hand over the White House to a successor who has been critical of his approach.

Toll Brothers earnings slide 16% on impairment, warranty charges

MarketWatch Market Pulse - 10 hours 43 min ago

House builder Toll Brothers Inc. on Tuesday said fiscal fourth-quarter profit slid 16%, with profit hit by inventory- and warranty charges. Net income fell to $114.4 million, or 67 cents a share, from $147.2 million, or 80 cents a share, in the year-ago period. Revenue rose to $1.86 billion from $1.44 billion last year. Toll Brothers said the drop in earnings was due to $2.5 million of inventory impairments and a $121.2 million warranty charge primarily related to older stucco homes. Adjusting for those charges, profit came in at $291.8 million, compared to $236.7 million in the fourth quarter last year. Shares of the house builder were unchanged in premarket trade.

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Libyan forces taking last few buildings from Islamic State in Sirte: officials

Top Reuters News - 10 hours 46 min ago
SIRTE, Libya (Reuters) - Libyan forces said on Tuesday they were securing the last few buildings where Islamic State militants had been making a final stand in their former North African stronghold of Sirte.

Islamic State shifts defenses to east Mosul: coalition commander

Top Reuters News - 11 hours 8 min ago
ERBIL, Iraq (Reuters) - Islamic State has brought its forward defenses from western Mosul towards the east as it fights against Iraqi forces in the battle to liberate the city, a coalition commanding general said.

South Korea's Park says would wait for court to uphold impeachment

Top Reuters News - 12 hours 44 min ago
SEOUL (Reuters) - South Korean President Park Geun-hye, engulfed in an influence peddling scandal, said if she was impeached she would wait for a court to uphold the decision, an official of her party said on Tuesday, signaling a political crisis could drag on for months.

UPDATE 1-Weak lira could knock Turkish cenbank off targets in early 2017

Reuters Us Markets - 12 hours 53 min ago
ANKARA, Dec 6 (Reuters) - Weakness in the Turkish lira could start to drive up prices and knock the central bank off its targets in the first quarter of next year, but the impact will depend on the...

Exxon pulls out of 3 exploration blocks in Kurdistan - Iraq Oil Report

Reuters Us Markets - 13 hours 10 min ago
Dec 6 (Reuters) - Exxon Mobil has pulled out of half of the six exploration blocks it operated in the Kurdistan region, the Iraq Oil Report reported.

Russia economy to grow in Q1, inflation on track -cbank's Yudayeva

Reuters Us Markets - 13 hours 13 min ago
LONDON, Dec 6 (Reuters) - Russia's economy is recovering and will return to growth in the first quarter of 2017, the central bank's first deputy governor Ksenia Yudayeva said on Tuesday, adding the...

UPDATE 2-Italian bond yields drop as expectations of ECB action rise

Reuters Us Markets - 13 hours 18 min ago
LONDON, Dec 6 (Reuters) - Italy's government bond yields fell on Tuesday as attention switched from political uncertainty after a referendum at the weekend to expectations that the European Central...

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