Stock Markets News Headlines

NEW YORK (AP) — A stock market surge took a pause Monday after investors pushed indexes to record levels last week.

By Leah Schnurr NEW YORK (Reuters) - Stocks were little changed on Monday as acquisition activity gave support but investors were reluctant to rush into the market with indexes hovering around record levels. Deals including Yahoo's $1.1 billion bid for Tumblr indicate that companies continue to search for growth through …

MUMBAI (Reuters) - The Reserve Bank of India said on Monday it has cut the time that exporters have to bring back into the country the value of goods or software they have exported to nine months from 12. It said its new guideline will take effect immediately and will be valid until the end of September. http://www.rbi.org.in/scripts/NotificationUser.aspx?Id=7991&Mode=0 …

NEW YORK (AP) — Stocks were mixed in early trading on Wall Street after investors pushed indexes to record levels Friday.

NEW YORK (Reuters) - Wall Street opened weaker on Monday as investors searched for catalysts after major U.S. equity indexes closed a fourth consecutive week of gains Friday. The Dow Jones industrial average slipped 14.90 points, or 0.10 percent, to 15,339.50. The Standard & Poor's 500 Index was off 1.84 points, or 0.11 …

NEW YORK (AP) — Stocks are opening slightly lower on Wall Street as the stock market comes off of four straight weeks of gains.

(Reuters) - Chesapeake Energy Corp on Monday named a top executive at rival Anadarko Petroleum Corp to head the No. 2 U.S. natural gas producer, which has suffered through a governance crisis and liquidity crunch over the last year. Chesapeake hired Robert Douglas Lawler, senior vice president of international and deepwater …

ABU DHABI, May 20 (Reuters) - Abu Dhabi National EnergyCompany (TAQA) said on Monday it was looking at waysto improve the liquidity of its shares but had not taken anysteps to remove a barrier to foreigners holding its stock. Abu Dhabi newspaper The National said on Monday that TAQAwas considering a dual listing on the …

ALGIERS (Reuters) - The value of Algeria's oil and gas exports, which account for about 97 of total sales abroad, fell by 9 percent in the first four months of this year compared to the same period in 2012 due to lower global crude prices, official figures showed on Monday. That pushed the OPEC member north African country's …

By Fiona Lau and Elzio Barreto HONG KONG (Reuters) - Goldman Sachs launched on Monday the sale of about $1.1 billion worth of Hong Kong-traded shares in Industrial and Commercial Bank of China, offering to sell its entire remaining stake in the world's biggest bank by market value. The sale by Goldman would be the final …

(Corrects third from last paragraph to show Renault took a stake in Nissan) By Stanley White TOKYO (Reuters) - Japan risks missing, yet again, an opportunity to use foreign investment to help fuel sustained economic growth that has eluded it for the last two decades. Prime Minister Shinzo Abe pledged to make Japan "the …

By Ayai Tomisawa TOKYO (Reuters) - The Nikkei share average surged to a fresh 5-1/2 year high on Monday, buoyed by further weakness in the yen and optimism over the growth outlook after the Japanese government raised its assessment of the economy for the first time in two months. Signs of an improving U.S. economy and Wall …

By Stanley White TOKYO (Reuters) - Japan risks missing, yet again, an opportunity to use foreign investment to help fuel sustained economic growth that has eluded it for the last two decades. Prime Minister Shinzo Abe pledged to make Japan "the world's easiest country for companies to do business in" as part of his economic …

Reuters Market Eye - Shares in Mahindra and Mahindra Ltd gain 3.8 percent, after stocks of its subsidiary Ssangyong Motor Co Ltd hit a 16-month high, dealers say. Shares in Ssangyong Motor jumped as much as 13.5 percent on Monday amid expectations the ailing automaker may post a profit this year. Ssangyong Motor's factory …

JOHANNESBURG (Reuters) - South Africa's Vodacom Group reported a 23 percent rise in full-year profit on Monday underpinned by a strong performance by its African subsidiaries and growth in data usage. The unit of Britain's Vodafone Group said diluted headline earnings per share, which is the benchmark measure of profit …

(Reuters) - New York's top financial regulator has sent subpoenas to several firms seeking information on investments that guarantee steady payments to hundreds of thousands of retirees and other consumers, the Wall Street Journal said on Monday, citing people familiar with the inquiry. The New York Department of Financial …

(Reuters) - Chesapeake Energy Corp has hired Robert Douglas Lawler of rival Anadarko Petroleum Corp as chief executive, filling the post vacated by co-founder Aubrey McClendon, the Wall Street Journal reported, citing people familiar with the matter. Chesapeake and Anadarko could not immediately be reached for comment by …

NEW DELHI (Reuters) - There is no case for downgrading India's sovereign credit rating, Economic Affairs Secretary Arvind Mayaram told the news channel ET Now on Monday, after Standard & Poor's reiterated its negative outlook on the country's credit rating. The rating agency last week warned that India needed to follow …

May 20 (Reuters) - The following corporate finance-relatedstories were reported by media on Monday. * Greece's second-largest lender Piraeus Bank SA has hired four international investment banks as advisers on its7.33-billion-euro ($9.4 billion) share issue, two bankers closeto the procedure told Reuters on Saturday. * …

NEW DELHI (Reuters) - There is no case for downgrading India's sovereign credit rating, Economic Affairs Secretary Arvind Mayaram told the news channel ET Now on Monday, after Standard & Poor's reiterated its negative outlook on the country's credit rating. The rating agency last week warned that India needed to follow …

SAN FRANCISCO (Reuters) - Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday. Such an acquisition would be Marissa Mayer's largest deal since taking the helm of the once-iconic …

SAN FRANCISCO (Reuters) - Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion (724 million pounds) in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday. Such an acquisition would be Marissa Mayer's largest deal since taking the helm …

SAN FRANCISCO (Reuters) - Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday. Such an acquisition would be Marissa Mayer's largest deal since taking the helm of the once-iconic …