Industries
Financial Services & Real Estate
Hutchison Harbour Ring sees $269 mln gain in deal
HONG KONG, May 17 (Reuters) - Hutchison Harbour Ring Ltd said it expected to realise HK$2.1 billion ($269 million) gain from the sale of an office tower in Shanghai to an affiliate of Asia Pacific Land Ltd . Full Article
Technology, Media & Telecommunications
Motorola's chief strategy officer quits
NEW YORK (Reuters) - Rich Nottenburg, Motorola Inc's chief strategy and technology officer, has become the latest senior staff member to exit since activist investor Carl Icahn strengthened his influence, a spokeswoman said on Friday. Full Article
Healthcare
Morgan Stanley cut 1,500 jobs this week: source
NEW YORK (Reuters) - Morgan Stanley cut 1,500 jobs this week across its investment banking, trading and asset management businesses, a person familiar with the situation said Friday, a 5 percent reduction of non-broker employees. Full Article
Consumer Goods & Retail
UPDATE 1-Canadian union accepts GM Canada labor deal
MONTREAL, May 16 (Reuters) - Canadian Auto Workers union members at three General Motors of Canada locations have voted in favor of a new three-year labor agreement with the company, the union said late on Friday. Full Article
Energy
UPDATE 1-Valero to start FCC work at Three Rivers refinery
HOUSTON, May 16 (Reuters) - Valero Energy Corp said on Friday a 24,000 barrel per day (bpd) gasoline-producing fluidic catalytic cracking unit will be shut at its 100,000-bpd Three Rivers, Texas, refinery. Full Article
Industrials, Materials & Utilities
EADS execs said likely to weigh DRS bid on Monday
WASHINGTON (Reuters) - European defense company EADS likely will consider a counterbid for U.S. military contractor DRS Technologies Inc at a regular monthly executive committee meeting on Monday, a source familiar with EADS' strategic thinking told Reuters on Friday. Full Article
Industry Overviews:
Rankings, Financials, Statistics, Performance, and Significant Developments
Execs defend humans in high-tech markets
NEW YORK (Reuters) - The heads of the world's biggest stock exchanges agree there is still room for the "human element" in a high-speed trading environment that has aggressively gone electronic. Full Article
| Symbol | Bid | Ask |
|---|---|---|
| BRENT CRUDE | $0.00 | $0.00 |
| MINI GOLD | $902.50 | $903.10 |
| MINI SILVER | $17.01 | $17.04 |
