Noticias de Hoy

NEW YORK (Reuters) – Stocks were little changed on Friday as early enthusiasm, spurred by a much stronger-than-expected payrolls report, faded and bank shares declined as investors booked profits in the wake of the Federal Reserve’s "stress tests" results. Data showed hiring increased in February, with payrolls jumping by 236,000, easily beating expectations for a gain of 160,000 jobs. The unemployment rate fell to 7. 7 percent, the lowest since December 2008. . . .

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LONDON (Reuters) – World shares hit their highest level since June 2008 and the dollar touched a fresh 3-1/2-year high against the yen on Friday, ahead of U. S. jobs data expected to point to a continuing pick up in the world’s biggest economy. China also gave markets a boost as official data showed February exports grew 21. 8 percent versus a year ago, more than double the expected rise. European shares , which have rebounded strongly this week after last week’s Italian election and U. S. spending cuts-related wobble, opened up 0. 5 percent. . . .

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NEW YORK (Reuters) – U. S. stocks edged higher for a fifth day on Thursday, with the Dow hitting an intraday record for the third session in a row, as data pointed to a pick-up in the labor market recovery and investors looked for opportunities to buy into the recent rally. Growth sectors showed the most gains, with the S&P financial index up 0. 6 percent and shares of JPMorgan Chase up 1. 1 percent at $50. 60. The Dow climbed as high as 14,354. 69 after initially breaking into uncharted territory on Tuesday. The broader S&P 500 sits more than 1 percent below its record close. . . .

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NEW YORK (Reuters) – MF Global and its creditors have resolved a dispute with JPMorgan Chase & Co over the value of intercompany claims within the bankrupt brokerage’s estate, eliminating what could have been a sticking point in effecting MF Global’s creditor repayment plan. The effect of the settlement, a result of court-ordered mediation, is essentially to enhance JPMorgan’s recovery, according to a statement on Tuesday from Louis Freeh, the trustee liquidating the broker’s estate. Under the deal, MF’s parent entity will subordinate $275 million of its $1. . . .

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NEW YORK (Reuters) – The Dow Jones industrial average soared to a record closing high on Tuesday, breaking through levels last seen in 2007 and as investors rushed in to join the party in anticipation of more gains. Signs of a strengthening economy, continued support from the Federal Reserve, and fairly attractive valuations compared to other assets have boosted the Dow by almost 9 percent so far this year. A strong reading in the services sector, which accounts for the bulk of economic activity, was the latest indicator of improving demand. . . .

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NEW YORK (Reuters) – Goldman Sachs Group Inc is trying to find ways to keep investing in the profitable, albeit risky, business of buying and selling companies without crossing a rule that will restrict private equity investing, three sources familiar with the new business said over the past week. The Volcker rule – named for former Federal Reserve Chairman Paul Volcker and part of the Dodd-Frank financial reform law – is expected to limit bank investments in private equity funds, but not necessarily private equity-style investments outside of a formal fund structure. . . .

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(Reuters) – A senate committee, which began an inquiry into JPMorgan’s multi-billion dollar trading loss last year, is expected to fault certain executives in its report for allowing the bank to build bets without fully warning regulators and investors, the New York Times reported, citing people briefed on the inquiry. The U. S. Senate Permanent Committee on Investigations could ask Douglas Braunstein, who was chief financial officer at the time of the losses, and other senior executives to testify at a hearing this month, the people told the paper. . . .

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WASHINGTON (Reuters) – A fragmented regulatory landscape and obstruction by lobbyists are to blame for a lack of progress in banning banks from betting with their own money, Paul Volcker said on Monday. Volcker, a former chairman of the Federal Reserve, defended the rule that is named after him, which became law in 2010 as part of the Dodd-Frank overhaul of Wall Street to protect taxpayers from heavy bank bailouts. But five different U. S. . . .

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NEW YORK (Reuters) – Private equity firm KKR & Co LP is nearing a deal to buy industrial machinery maker Gardner Denver Inc and could announce the agreement in the next few days, two people familiar with the matter said on Monday. The two parties have been negotiating a final deal price and other last-minute details over the past week, after KKR bid $75 per share, or nearly $3. 7 billion, for Gardner Denver, on February 21, the people said. Shares of Gardner Denver, which were down 1 percent on Monday before the news, rose 3. 6 percent to $73. . . .

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LONDON (Reuters) – Standard Chartered is set to report its 10th successive record annual profit on Tuesday after strong growth in its core Asian markets offset a big fine for breaking sanctions on Iran. A $667 million fine from U. S. authorities is likely to have wiped out much of the London-based bank’s growth last year, but profits should still rise 4 percent to $7 billion, according to the average forecast of 16 analysts polled by Reuters. In a rare blip after a decade of buoyant growth and few problems, Standard Chartered was last year hit by a U. S. . . .

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