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Loeb’s Third Point up 10.5 pct for year through April -letter
NEW YORK, May 6 (Reuters) – Daniel Loeb’s flagship hedge fund gained 1.4 percent in April, pushing returns to 10.5 percent for the year, according to an investor note reviewed by Reuters.
Stock index futures point to small rebound
LONDON (Reuters) – U.S. stock index futures pointed to a slightly higher open on Wall Street on Tuesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.3-0.4 percent at 0916 GMT.
Jobs, factory data point to steady economic growth
WASHINGTON (Reuters) – Employment grew modestly in January and job gains in the previous two months were larger than first reported, a counterpunch to recent data that suggested a tepid economic recovery had stalled at the end of last year.
Retail sales point to firmer consumer spending
WASHINGTON (Reuters) – Retail sales rose more than expected in December as Americans shrugged off the threat of higher taxes and bought automobiles and a range of other goods, suggesting momentum in consumer spending as the year ended.
Britain’s FTSE 100 edges up, charts point to a pullback
* FTSE up 4.93 points * Miners up, ENRC, Vedanta boosted by bullish CS note * Yield and easing Europe risk lift financials * Oils fall as Nomura warns on outlook By David Brett …
Stock index futures point to flat open
LONDON (Reuters) – Stock index futures indicated a flat-to-slightly lower open on Wall Street on Friday, with some traders citing nervousness ahead of results from financial group Wells Fargo due later in the day.
Housing, factory data point to momentum in economy
WASHINGTON (Reuters) – Contracts for U.S. home resales hit a 2-1/2-year high in November and factory activity in the Midwest expanded this month, suggesting some strength in the economy despite the threat of tighter fiscal policy.
Housing, factory data point to momentum in the economy
WASHINGTON (Reuters) – Contracts for U.S. home resales hit a 2-1/2 year high in November and factory activity in the Midwest expanded this month, suggesting some strength in the economy despite the threat of tighter fiscal policy.
Roche’s Avastin misses key data point in brain cancer study
ZURICH (Reuters) – Swiss drugmaker Roche’s cancer drug Avastin failed to make a statistically significant difference to survival rates of patients with a common form of brain cancer in a late-stage study, the company said on Saturday.
Retail sales point to stronger economic growth
WASHINGTON (Reuters) – Retail sales rose in September as Americans stepped up purchases of everything from cars to electronics, a sign that consumer spending is driving faster economic growth.