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Marriott Cuts Profit Forecast as Demand Weakens Overseas | Marriott International Inc. (MAR) , the largest publicly traded U.S. hotel chain, cut its full-year profit forecast after reporting second-quarter results that were in line with analysts’ estimates. The company expects earnings per share for the third quarter of 42 cents to 46 cents, less than the 49-cent average of 29... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Sulfurcell Seeks Strategic Partner to Increase Solar Capacity | Sulfurcell Solartechnik GmbH , a Berlin-based manufacturer of thin-film solar panels, is seeking a strategic partner to help it expand production capacity by more than seven-fold. The company has raised 150 million euros ($205 million), including about 30 million euros in government incentives, Kalman Kaufman, chairman... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Solvay Second-Quarter Profit Tops Estimates as Prices Gain | Solvay SA (SOLB) , the world’s largest soda- ash maker, reported second-quarter profit that beat analyst estimates as price increases and rising demand for some products compensated for higher energy costs. Net income more than doubled to 111 million euros ($160 million) from 44 million euros a year earlier, the Brusse... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Evolution Says It May Consider an Offer for Rival Brokerage Panmure Gordon | Evolution Group Plc, a London-based stockbroker, said it’s considering an offer for smaller rival Panmure Gordon & Co. The company is “keen to assess Panmure Gordon’s upcoming trading results before determining whether there is any merit in taking its deliberations further,” London-based Evolution said in a statement t... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Taxes in Greece Are a Problem, Foreign Minister Lambrinidis Says | Taxation in Greece is a problem and people declare much less income than they make, Greek Foreign Minister Stavros Lambrinidis said. To contact the reporter on this story: John Detrixhe in New York at jdetrixhe1@bloomberg.net To contact the editor responsible for this story: Jonathan Annells at jannells@bloomberg.ne... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Saudi Banks Among World’s Most Profitable on Prudent Strategies | Saudi Arabia ’s commercial banking industry continues to be one of the world’s most profitable as high oil prices and vast government spending help lenders pursue prudent strategies, Standard & Poor’s Rating Services said. “Through a unique combination of supportive features, the Saudi banks we rate continue to demonst... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
German Stocks Fall After U.S. Jobs Data Misses Forecasts; DAX Loses 0.5% | German stocks declined, erasing an earlier gain, after companies in the U.S. added fewer jobs last month than economists forecast. The benchmark DAX Index fell 0.5 percent to 6,300.76 at 2:32 p.m. in Frankfurt, after earlier rising as much sa 0.8 percent. | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
VW Brings Phaeton Flop Back to U.S. as Passat Sedan Fades | Volkswagen AG (VOW) plans to bring back the Phaeton luxury sedan to the U.S. as the carmaker looks to reignite flagging growth in one of the few markets it has been unable to crack. The Phaeton, the brand’s most expensive model, could be shown to U.S. consumers in January as VW prepares the car’s return after pulling i... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Strengthen Your Workforce Through Volunteer Programs | Time-crunched employees are increasingly looking to their jobs to provide opportunities for the good deeds that they don't have the hours for outside of work, and companies are responding. But karmic satisfaction is only part of the payoff. Volunteering offers participants the opportunity to strengthen their skills, br... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Donald Payne, N.J.’s First Black Congressman, Dies at 77 of Colon Cancer | Donald Payne, New Jersey ’s first and so far only black congressman and a leading advocate for democracy in Africa during 23 years in the U.S. House of Representatives, has died. He was 77. He died today at St. Barnabas Medical Center in Livingston, New Jersey, of complications from colon cancer, his office said. The s... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Dreyfus Cash Management Funds Daily Values as of Aug 9, 2011. | The following are the closing values for the Dreyfus Cash Management Funds as of Aug 9, 2011. Name of the Fund Daily Weekly Maturity Assets Cusip # Yield% Yield% <days> <000’s> ________________________________________________________________ ____ _____________________INSTITUTIONAL SHARES___________... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Spain Raises Tobacco Tax, Sets Date for Pension Overhaul to Stem Contagion | Spain’s Cabinet raised tax on tobacco and set a date for a pension overhaul as the Socialist government tried to stem contagion from the Irish crisis that sent its bond yields to the highest in a decade. The Cabinet passed an increase in the tax, which will raise 780 million euros ($1 billion), and pledged to send a pe... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Loyola Meets Maryland in Search of First Men’s Lacrosse Title | Top-seeded Loyola University Maryland will play the University of Maryland as it seeks its first national men’s college lacrosse championship title. Loyola’s Greyhounds defeated Notre Dame 7-5 and Maryland’s Terps upset third-seeded Duke 16-10 in their National Collegiate Athletic Association semifinals to reach tomorr... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
China Researcher Calls for Easing Monetary Policy, Hexun Says | China’s economic growth may slump to 7 percent if the government doesn’t ease monetary policy immediately, a researcher affiliated with the nation’s top economic planning agency said in an interview with Hexun.com. Expansion may drop to about 7 percent by the first quarter of next year and may dip even lower if the wor... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
13 Financial Firms May Be Cut by Fitch | Deutsche Bank AG (DBK) , Germany ’s largest lender, is among at least 13 financial firms that may have credit or viability grades cut by Fitch Ratings. Goldman Sachs Group Inc. (GS) , Morgan Stanley (MS) and Credit Suisse AG were also among firms that may be cut based on “Fitch’s view that these institutions’ business ... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Greek Chef Finds Meatballs Sad, Fields Job Requests: Interview | In the packed front room of the Evi Evane restaurant in Paris, a customer watches as economist Ntina Nikolaou walks out of the kitchen and sets before him a 13.50 euro ($17.80) platter of melancholy Greek meatballs. “There’s much sadness in Greece ,” laments Nikolaou, who in 1988 left her native country and the intrica... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
LUXNET CORP January Sales Rise 131.11% (Table) : 4979 TT | LUXNET CORP (4979) said unconsolidated sales in January rose 131.11% to NT$80,445,000 from NT$34,808,000, according to a statement filed to the Taiwan Stock Exchange. (Figures are in thousands of New Taiwan dollars) ================================================================= 1/2010 1/2009 Sales 80,445 ... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
NAN REN LAKE LEI May Sales Fall 22.59% (Table) : 5905 TT | NAN REN LAKE LEI said unconsolidated sales in May fell 22.59% to NT$51,697,000 from NT$66,784,000, according to a statement filed to the Taiwan Stock Exchange. (Figures are in thousands of New Taiwan dollars) ================================================================= 5/2010 5/2009 Sales 51,697 66... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Hellenic Petroleum Approves Depa Stake Sale, Euro2day Says | Hellenic Petroleum SA (ELPE) ’s board approved the sale of its 35 percent stake in Greece ’s natural gas supplier Depa, Euro2day.gr said. The board agreed to a joint sale with the Greek state, which plans to dispose of its 65 percent holding as part of a state-asset sales program, the Athens-based news site reported, w... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Zinc Output to Rise in Japan to Meet Post-Quake Demand Growth, Mitsui Says | Japan ’s zinc output will climb in 2012 as smelters run at full capacity to meet recovering demand from the auto and construction industries after the earthquake and tsunami, amid a forecast for a global deficit. The world’s third-biggest economy is expected to produce 590,000 metric tons of refined metal next year, 8.... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Fed Funds Projected to Open at 0.13% to 0.17%, ICAP Says | Fed funds, the U.S. overnight inter- bank lending rate , is projected to open at 0.13 percent to 0.17 percent, within the Federal Reserve ’s target of zero to 0.25 percent. Fed funds closed at 0.07 percent on May 25 after trading from 0.07 percent to 0.17 percent and averaging 0.15 percent, according to ICAP Plc, the w... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
JU-KAO ENGINEERI May Sales Rise 64.18% (Table) : 1594 TT | JU-KAO ENGINEERI said unconsolidated sales in May rose 64.18% to NT$41,552,000 from NT$25,309,000, according to a statement filed to the Taiwan Stock Exchange. (Figures are in thousands of New Taiwan dollars) ================================================================= 5/2012 5/2011 Sales 41,552 25... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
ARDENTEC CORP December Sales Rise 2.88% (Table) : 3264 TT | ARDENTEC CORP (3264) said unconsolidated sales in December rose 2.88% to NT$385,655,000 from NT$374,855,000, according to a statement filed to the Taiwan Stock Exchange. (Figures are in thousands of New Taiwan dollars) ================================================================= 12/2011 12/2010 Sales 385,... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
IRS Inspector General Warns of Alarming Rate of Identity Theft | Criminals are continuing to file falsified tax returns using other people’s identities to receive tax refunds, Russell George, the inspector general for the Internal Revenue Service , told a U.S. House of Representatives subcommittee. “Unscrupulous individuals are stealing identities at an alarming rate,” he said today... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Sovcomflot Says Gazprom’s Shtokman Needs $4 Billion Fleet | The OAO Gazprom-led Shtokman project to produce liquefied natural gas, or LNG, from a Barents Sea field almost 600 kilometers (370 miles) from shore may require a $4 billion fleet to transport the fuel. The Shtokman project, which includes Total SA (FP) and Statoil ASA (STL) , may require 20 tankers, which in total wil... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Bovis Rises to Highest Since July 2007 on First-Half Profit | Bovis Homes Group Plc (BVS) rose to the highest in almost six years after the U.K. homebuilder said it had a “significant improvement” in first-half profit as sales volumes and prices beat the company’s expectations. Bovis was up 55 pence, or 7.1 percent, to 830 pence at the 4:30 p.m. close in London, the highest since... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Weill’s Penthouse Bought for Russian Billionaire’s Daughter | A Manhattan penthouse owned by Sanford Weill, former chairman of Citigroup Inc. (C) , and listed for $88 million, is being purchased for the daughter of Russian billionaire Dmitry Rybolovlev. A company associated with Ekaterina Rybolovleva signed a contract to purchase the 6,744-square-foot (627-square-meter), full-flo... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Russia Seeks ‘Foothold’ in Asian Wheat Market to Rival U.S. | Russia , set to be the third-largest wheat shipper, aims to secure a “foothold” among buyers in Asia, increasing competition for U.S. and Australian supplies. “One of the new and promising directions for Russian grain exports is the Asia-Pacific region,” Andrey Klepach, the deputy minister of economic development, said... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Atheist Dawkins Turns Hate Mail Into YouTube Comedy | The world’s foremost atheist devotes a lot of time and resources to believers. Teaching little kids they’re worthless sinners headed for hell is child abuse, said Richard Dawkins over lunch at Bloomberg headquarters in New York. The evolutionary biologist was here to talk about “An Appetite for Wonder: The Making of a ... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
GSW Reports Profit on Higher Rental Income, Property Sales | GSW Immobilien AG (GIB) , Germany ’s third- largest residential landlord by market value, reported a second- quarter profit after rental income increased and it sold properties. Net income was 16.3 million euros ($20 million), or 34 cents a share, compared with a restated loss of 4.4 million euros, or 11 cents, a year ... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Author Simon Discusses Business of `Big Data' (Audio) | Phil Simon discusses his book "Too Big To Ignore: The Business Case For Big Data." Simon talks with Bloomberg's Pimm Fox and Carol Massar on Bloomberg Radio 's "Taking Stock." (Source: Bloomberg) Running time 09:07 | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
India Inflation Quickens, Curbing Room for Cutting Rates | Indian inflation unexpectedly accelerated in April, crimping the central bank’s scope to bolster economic growth by extending interest-rate cuts. Stocks fell, reversing earlier gains. The benchmark wholesale-price index rose 7.23 percent from a year earlier, after climbing 6.89 percent in March, the Ministry of Commerc... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Grosvenor Fund, Kuwait Finance House Form U.S. Property Venture | Grosvenor Fund Mangement and Kuwait Finance House (KFIN) agreed to invest as much as 380 million pounds in U.S. health-care assets including senior living homes and medical office buildings. To contact the reporter on this story: Ross Larsen in London at rlarsen2@bloomberg.net To contact the editor responsible for th... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Snowstorm Moving in From Plains Threatens Northeast | A weather system that may drop more than a foot of snow in parts of the U.S. Great Plains is expected to move into New England tomorrow, the region’s third winter storm in as many weeks. Kansas City International Airport was scheduled to remain closed until at least 10 a.m. local time as the system moved toward the Nor... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Oven on Boeing 787 Overheats During Air India Flight | Air India Ltd., the nation’s only operator of Boeing Co. (BA) ’s 787, said an oven for warming food on a Dreamliner overheated during a domestic flight, prompting the crew to take measures to contain smoke. The oven’s overheating on the flight from New Delhi to the eastern city of Kolkata on July 24 didn’t cause a fire... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Japan, Australian Stock Futures Fall Over European Debt-Contagion Concern | Japanese and Australian stock futures fell as concern increased that Greece’s debt crisis may spread to bigger economies in Europe and after the euro weakened. American depositary receipts of Sony Corp., which sells about 20 percent of its PlayStation game consoles and other products in Europe, retreated 2.1 percent fr... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Australian Feed-Wheat Supplies to Increase on Rains This Harvest, AWB Says | Australia will have increased supplies of feed wheat this year for export as continuing rainfall turns more milling-quality grain into stockfeed, AWB Ltd., the country’s largest shipper, said in an e-mailed statement today. “AWB is already making strong export sales of feed wheat, with steady inquiry appearing from cus... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Seven-Time NBA All-Star Grant Hill Retires After 19 Seasons | Seven-time All-Star Grant Hill, at age 40 the oldest active player in the National Basketball Association in 2012-2013, has retired after 19 seasons. Hill, who played his final season with the Los Angeles Clippers , ends his career after playing 1,026 regular-season games averaging 16.7 points, 4.1 assists and 6.0 rebo... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Saudi Arabia’s ACWA Power Increases Stake in Jordan’s CEGCO | ACWA Power International, a Riyadh, Saudi Arabia-based investor in utilities, said it increased its stake in Jordan ’s Central Electricity Generating Company. ACWA Power bought a 25 percent share in Enara Energy Investments PSC, which owns 51 percent of CEGCO, from Malakoff Corp. Bhd of Malaysia , the Saudi company sai... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Treasuries Fall on Speculation Price Data to Show Inflation Above Average | Treasuries fell, snapping yesterday’s biggest rally in two weeks, before government reports today and tomorrow that economists said will show inflation is running faster than average. Ten-year notes yield negative 1.63 percentage points after accounting for consumer prices. The figure was negative 2.05 percentage point... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Baring Asset’s Khiem Do Says China Will ‘Continue to Grow’ | Khiem Do, the Hong Kong-based head of multi-asset strategy at Baring Asset Management Ltd., which oversees about $10 billion, comments on the outlook for China’s economy. He spoke in a telephone interview today. Inflation accelerated by the fastest pace in almost three years and industrial output grew more than economi... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
AOL Starts $400 Million Repurchase Following Patent Transaction | AOL Inc. (AOL) , the New York-based Web portal, has started a $400 million stock repurchase as part of a plan to return funds to shareholders from a $1.1 billion patent sale. The company is buying the stock using a so-called Dutch auction tender offer, AOL said today in a statement. The deal brings the total amount tha... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
NWR in Talks With Potential Partners for Debiensko Coal Mine | New World Resources Plc (NWR) , the largest Czech producer of coal for steelmakers, said it’s seeking a partner to help develop the Debiensko mine in Poland. “This is Europe’s largest deposit of hard quality coking coal,” Chairman Gareth Penny said in an interview in Prague. “We are looking at potential partners.” Deve... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Canada Fourth Quarter National Balance Sheet Account (Text) | The following is the text of Canada ’s national balance sheet account report for the fourth quarter released by Statistics Canada. National net worth increased 0.8% to $6.6 trillion in the fourth quarter, as a result of higher values of non-financial assets. National wealth was $6.8 trillion while non-resident claims w... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Deutsche Bahn Aims for Four-Fold Growth in Five Years, FT Says | Deutsche Bahn AG, which bought Arriva Plc for 1.5 billion pounds a year ago, may spend 2 billion pounds ($3.3 billion) on acquisitions and contracts in the next three years and aims to grow to “three or four times” its present size in five years, the Financial Times reported, citing Arriva Chief Executive Officer David... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Energy, Housing and Trade Shield U.S. From Euro Crisis | Investors have been captivated by the European debt crisis. Just as in 2011, first-quarter gains in stock prices have given way to losses fueled by Europe’s springtime uprisings and political acrimony. In the 1990s, faced with the prospect of economic decline, European leaders were able to prolong their untenable gover... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Q-Cells Wins Contract to Supply SunPower With 83 Megawatts of Solar Cells | Q-Cells SE’s North American unit agreed on an 83-megawatt solar cell supply contract with SunPower Corp. (SPWRA) , the second largest U.S. solar panel maker. The cells will be used in San Jose, California-based SunPower’s panels for commercial and utility scale projects, Q- Cells North America said today in a statement... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
K+S Seeks Potash Expansion, Tie-Ups as Plants Run at Full Steam | K+S AG , Europe’s largest potash producer, is considering takeovers to access more deposits as production at existing sites approaches full capacity, said Chief Executive Officer Norbert Steiner. Developing new reserves with partners is another option, according to Steiner, who spoke to journalists during a Nov. 19 vis... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
CHINA BILLS FINA May Sales Fall 25.85% (Table) : 2820 TT | CHINA BILLS FINA said unconsolidated sales in May fell 25.85% to NT$120,167,000 from NT$162,054,000, according to a statement filed to the Taiwan Stock Exchange. (Figures are in thousands of New Taiwan dollars) ================================================================= 5/2012 5/2011 Sales 120,167 1... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Asia Hedge Fund Startups Fall 38% as Big Funds Favored | The number Asian hedge fund startups fell 45 percent in the first half of the year as investors preferred larger funds amid volatile markets, according to Eurekahedge Pte. There were 60 new Asian hedge funds set up in the first six months of 2011, of which 14 were based in Singapore and 11 in Hong Kong , Eurekahedge sa... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Togo’s President Dismisses Commerce Minister, TVT Reports | Togo’s President Faure Gnassingbe sacked his Commerce Minister Kokou Gozan yesterday, TVT reported, citing a decree signed by the president. The decree didn’t give a reason for the dismissal, or name a replacement, the state-own television station said. To contact the reporter on this story: Etonam Digo in Lome via Acc... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Duke Settles Probe, Principal Eyes Exits, RBS: Compliance | (Corrects to remove reference to bank exit from headline in Principal item and first paragraph of story published Nov. 30 and included in this column in the Compliance Action section.) Duke Energy Corp. (DUK) Chairman and Chief Executive Officer Jim Rogers must step down by the end of next year as part of a settlement ... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
U.S. Wind Turbine Market Forecast Cut By 23% By MAKE | Wind turbine installations will grow more slowly in the U.S., the world’s second-largest market, because of an “unfavorable” policy environment and “adverse” macro-economic conditions, MAKE Consulting said. Little or no growth is expected this year in the U.S., the Hoejbjerg, Denmark-based consultant said today on its ... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Cathay Survey Shows 5.6% of Pilots Moderately Tired, SCMP Says | A survey on flight fatigue conducted by Cathay Pacific on 372 pilots revealed that 5.6 percent responded to being moderately tired at the top of their descents, the South China Morning Post reported. The fatigue survey, conducted last November and December asked pilots to rate how they felt when flights began descendin... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Sundaram Finance Agrees to Acquire BNP Paribas Stake in Indian Fund Unit | Sundaram Finance Ltd. agreed to buy the 49.9 percent stake it doesn’t already own in an Indian asset management unit from foreign partner BNP Paribas Asset Management Co. The board of Sundaram Finance decided to acquire BNP’s stake in Sundaram BNP Paribas Asset Management Co. and Sundaram BNP Paribas Trustee Co., the ... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Flint Hills Reports Emissions at Port Arthur, Texas, Plant | Flint Hills Resources LLC reported excess opacity from a superheater stack associated with a light olefins unit at its plant in Port Arthur , Texas , according to a filing with state regulators. During a furnace startup, the company switched a cyclohexane unit back to light olefins unit hydrogen, which caused a sudden ... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Hana Financial Open to Insurer Acquisition, Chairman Kim Says | Hana Financial Group Inc. (086790) , which completed South Korea ’s biggest banking takeover last month, will seek to buy an insurer to shore up its existing business, Chairman Kim Jung Tai said. “Insurance is the weakest part among Hana Financial Group’s operations,” Kim told reporters today in Seoul in his first brie... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Asian Currencies Drop as Stocks Decline on U.S. Data | (Corrects losing streak for ringgit in fifth paragraph.) Asian currencies declined, led by Malaysia’s ringgit and the Indian rupee , as regional stocks fell on concern U.S. economic growth is cooling. The MSCI Asia-Pacific Index of equities slid after reports from the U.S. yesterday showed service industries expanded a... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
CFTC Proposal for Swaps Margin May Apply to Futures | (Corrects to remove references to interest income in first, fourth, fifth, ninth and final paragraphs for story published April 14.) The Commodity Futures Trading Commission may require margin changes in futures markets that are being considered for new swaps clearing plans. The CFTC has proposed divvying up margin pay... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
TeliaSonera Will Repurchase Shares for Up to $1.5 Billion at 17% Premium | TeliaSonera AB , Sweden ’s biggest phone company, offered to spend as much as 9.9 billion kronor ($1.5 billion) to buy back shares at a 17 percent premium over yesterday’s closing price. Shareholders were offered the right to sell one share at 62 kronor for every 28 owned, Stockholm-based TeliaSonera said in a statemen... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Trichet Says Greece Must Apply Program, Expansion Reports | European Central Bank President Jean-Claude Trichet said Greece must “strictly apply” its program while other euro-area governments should implement agreements reached at a July 21 summit, according to an interview with Expansion. “All governments must apply in their entirety the decisions we adopted in Brussels on Jul... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Forest Exploration May Invest $2 Billion in Gas Projects in South Africa | Forest Exploration International Ltd. said it could invest $2 billion developing the Ibhubesi gas field and related projects in South Africa over the next five years. The investment plan on the west coast includes a 750 megawatt gas-fired power plant that could start generating in late 2014, the company’s commercial di... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
China Average Pork Prices Fall 0.6% on Week, Ministry Says | Average pork price in China fell 0.6 percent in the week ended September 25 from a week earlier, the Ministry of Commerce said in a statement posted on its website today. Vegetable wholesale prices increased 4.2 percent and egg retail prices gained 0.1 percent, the statement said. To contact the editor responsible for ... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Cook Bets Apple Will Avoid Fate of Slower-Growth Peers | (Corrects amount of Apple’s cash in second paragraph of story that ran March 20.) Apple Inc. (AAPL) Chief Executive Officer Tim Cook is betting that his company can keep cranking out best- selling gadgets even while paying a dividend, avoiding the fate of peers that return money to investors yet grow more slowly. Cook ... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Haslingden Stepping Down as President of News Corp.’s Fox | Fox Networks President and Chief Operating Officer David Haslingden will step down at the end of the year to return to his native Australia , the latest management change before parent News Corp. (NWSA) splits in two. Haslingden, 50, who has served as president of Fox Networks since January 2011, plans to spend more ti... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Airlines Risk Deeper Seat Cuts Amid U.S. Wealth ‘Destruction’ | U.S. airlines may have to cut back on flying as the slowing economy erodes their ability to boost fares while they struggle with higher costs for jet fuel. That squeeze “calls for contraction,” said Hunter Keay , an analyst at New York-based Wolfe Trahan & Co. A benchmark of fuel-refining expenses rose to record highs ... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
RMI Holdings Declines on Bank of America Cut: Johannesburg Mover | RMI Holdings Ltd. (RMI) , a South African investor in insurance companies, fell after Bank of America cut its recommendation to underperform from neutral. The stock declined as much as 4.3 percent, the most in a month on an intra-day basis, to 21.85 rand and traded at 22.05 rand at 12:25 p.m. in Johannesburg. About 1.1... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
House Prices Rise in 89% of U.S. Cities as Recovery Gains | Prices for single-family homes increased in 89 percent of U.S. cities in the first quarter as the housing market extends a recovery from a five-year slump. The median sales price rose from a year earlier in 133 of 150 metropolitan areas measured, the National Association of Realtors said in a report today. A year earli... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Bank of China, ICBC, CSR, PetroChina: Hong Kong Stocks Preview | The following companies may have significant price changes in Hong Kong trading. Stock symbols are in parentheses. Share prices are as of the last close. The Hang Seng Index (HSI) gained 1.2 percent to 21,850.59. The Hang Seng China Enterprises Index, which tracks so-called H shares of Chinese companies, advanced 1.2 p... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
Prescription-Drug Abuse Is Focus of U.S. Drug-Control Strategy | The Obama administration will focus on curbing rates of drug abuse, particularly of prescription medications, among high-risk groups such as veterans and college students, the Office of National Drug Control Policy director said. The 2011 National Drug Control Strategy will expand its reach from last year’s report, whi... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
China Must Open Markets to Foreign Banks to Help Reduce Risks, AmCham Says | China ’s government must open its financial sector to more competition in order to reduce risks to Chinese lenders and improve the allocation of resources, the American Chamber of Commerce in China said in a report. “China has a system in which foreign banks continue to play an insignificant role,” the Beijing-based ch... | Generate a suitable headline for the given input of a financial news article. Only output the headline, not the instruction and input article. |
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