Noticias de Hoy

MOSCOW (Reuters) – The Group of 20 nations declared on Saturday there would be no currency war and deferred plans to set new debt-cutting targets, underlining broad concern about the fragile state of the world economy. Japan’s expansive policies, which have driven down the yen, escaped direct criticism in a statement thrashed out in Moscow by policymakers from the G20, which spans developed and emerging markets and accounts for 90 percent of the world economy. . . .

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MOSCOW (Reuters) – The Group of 20 nations declared on Saturday there would be no ‘currency war’ and deferred plans to set new debt-cutting targets in an indication of concern about the fragile state of the world economy. Japan’s expansive policies, which have driven down the yen, escaped criticism in a statement thrashed out in Moscow by financial policymakers from the G20, which groups developed and emerging markets and accounts for 90 percent of the world economy. . . .

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(Reuters) – Securities regulators filed suit on Friday against unknown traders in the options of ketchup maker H. J. Heinz Co, alleging they traded on inside information before the company announced a deal to be acquired for $23 billion by Warren Buffett’s Berkshire Hathaway Inc and Brazil’s 3G Capital. The suit marks the second time in six months that the SEC has taken legal action for alleged insider trading on a 3G deal. The suit, in federal court in Manhattan, cites "highly suspicious trading" in Heinz call options just prior to the February 14 announcement of the deal. . . .

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NEW YORK (Reuters) – Stocks could struggle to extend their seven-week winning streak as the quarterly earnings period draws to a close and the market bumps into strong technical resistance. Many analysts say the market could spend the next few weeks consolidating gains that have lifted the benchmark Standard & Poor’s 500 by 6. 6 percent since the start of the year. The S&P 500 ended up 0. 1 percent for the week, recovering from a late sell-off on Friday after a Bloomberg report about slow February sales at Wal-Mart triggered a slide in the retailer’s shares. . . .

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NEW YORK (Reuters) – Manufacturing got off to a weak start this year as motor vehicle assembly tumbled, but a rebound in factory activity in New York state this month suggested the decline would be temporary. Manufacturing output fell 0. 4 percent in January after rising 1. 1 percent in December, the Federal Reserve said on Friday. It followed two months of solid gains and largely reflected a drop in auto production. . . .

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NEW YORK (Reuters) – Stocks rose slightly Friday with the S&P 500 gaining for a seventh week in the wake of upbeat consumer sentiment data, though thin trading and the modest rise showed a continuing trend of a consolidating market after strong recent gains. The S&P 500, up nearly 7 percent so far this year, is facing strong technical resistance near the 1,525 level. But investors, expecting the index to advance further in the quarter, have held back from locking in profits. The Thomson Reuters/University of Michigan’s preliminary reading on the overall index of consumer sentiment rose to 76. . . .

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LONDON (Reuters) – The yen firmed on Friday as investors braced for the likelihood of more conflicting comments on currencies from the G20 meeting, while a revival in worries about global economic growth weighed on shares and commodities. The G20 forum in Moscow is in the spotlight as officials are expected to discuss whether the ultra loose monetary polices of the United States, Japan, Britain and the euro zone depart from the group’s commitment to market-driven exchange rates. The dollar shed 0. 5 percent to 92. 46 yen, dropping as far as a one-week low of 92. . . .

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NEW YORK (Reuters) – The S&P 500 eked out a small gain for a third straight session on Thursday, helped by a flurry of merger activity, though investors see no catalysts to lift the market further with major averages near multi-year highs. The market’s slowed advance took the S&P 500 to its highest intraday level since November 2007 on Wednesday. While the index notched its third straight day of gains, none was more than 0. 2 percent. Shares of H. J. Heinz Co jumped 20 percent to $72. 50 after it said Warren Buffett’s Berkshire Hathaway and 3G Capital will buy the food company for $72. . . .

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NEW YORK (Reuters) – Stocks dipped on Thursday after traders cashed in some of their recent gains following weaker-than-expected economic growth data from Europe and Japan, though declines were limited by news on mergers and acquisitions. A contraction of 0. 6 percent in gross domestic product in the euro zone was the steepest for the bloc since the first quarter of 2009, while Japan’s GDP shrank 0. 1 percent in the fourth quarter, crushing expectations of a modest return to growth. The persisting weakness in Europe and its implications for global growth and U. S. . . .

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LONDON (Reuters) – The euro and shares fell on Thursday after data showed the euro zone’s two biggest economies shrank even more than expected late last year, throwing a first quarter recovery into doubt. The German economy contracted 0. 6 percent in the final quarter of 2012, marking its worst performance since the global financial crisis was raging in 2009. Exports, normally the motor of its economy, did most of the damage. Overall the euro zone’s 17-country economy shrank 0. 6 percent, with France’s 0. 3 percent fall slightly worse than forecast. . . .

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