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U.S. markets news

Australia's Stocks Decline as Topix Rallies; Copper, Yen Advance
Australian stocks fell for a fourth day, offsetting a rebound in Japanese shares from the biggest drop since the 2011 earthquake, leaving Asia's benchmark equity index with a 2.7 percent loss for the week, the worst in 10 months.
Nikkei recovers some poise as investors pile back in  Financial Times
Nikkei recoups some of Thursday's 7.3 percent dive, bull run seen intact  Reuters India
Bloomberg   Related articles »  
McDonald bows out after investor criticism and weak earnings
In the year or so that Bob McDonald was under intense pressure from critics, he never entirely accepted the premise of their complaints about Procter & Gamble's listless performance.
Congrats, Bill Ackman: Bob McDonald Out At P&G; AG Lafley Returning As CEO  Forbes
Procter & Gamble Says A.G. Lafley Rejoins as Chairman and CEO  Bloomberg
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Large US retailers sue Visa, MasterCard over card fees
By Jessica Dye. Thu May 23, 2013 1:30pm EDT. (Reuters) - A group of U.S. retailers, including Macy's Inc. (M.N) and Target Corp.
Target, Macy's Sue MasterCard, Visa Over Card Swipe Fees (1)  Businessweek
Target, Macy's and Others Sue Visa and MasterCard Over Fees  NASDAQ
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Stock Futures Pare Gains After Fall in Jobless Claims
NEW YORK (TheStreet) -- Stock futures were paring losses after a better-than-expected jobless claims report, but were still pointing to a negative open as investors continued to worry that the Federal Reserve may be heading for a wind-down of quantitative ...
Jobless Claims Fall to 340000  Wall Street Journal
US jobless claims drop more than expected last week  Reuters
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Sears Turns in a Loss as Revenue Falls
Sears Holdings Corp. swung to a fiscal first-quarter loss from a profit a year earlier, when the retailer booked a large gain on asset sales.
Sears Posts $279 Million Quarterly Loss as Revenue Slumps  Businessweek
Sears reports bigger-than-expected loss for 1st quarter  Washington Post
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California Outlines Health Premiums
California's new health-insurance exchange, the largest state-operated marketplace emerging under the federal health-care overhaul, will offer consumers premiums that vary widely but often avoid the steepest increases experts had predicted.
California Puts Tentative Price on Health Policies Under New Law  New York Times
New California health insurance rates unveiled  Los Angeles Times
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ISS Employee Leaked Votes for Concert Tickets, SEC Says
Hundreds of times over five years, an employee of Institutional Shareholder Services Inc. would get an email asking questions like this: �how many & how voted.
UPDATE 4-Proxy advisory firm settles SEC charges over data breach  Reuters
Institutional Shareholder Services settles civil charges on leaked data  Washington Post
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Corporate Directors Get Older, Hold Their Seats Longer
Michael Jeffries's penchant for having the male crew on Abercrombie & Fitch's (ANF) corporate jet wear the retailer's boxer briefs, flip-flops, and cologne certainly hasn't hurt the chief executive officer's standing with his board.
Abercrombie & Fitch Agrees to Be More Sensitive to All Sizes  People Magazine
'Attractive & Fat' ad spoofs Abercrombie  CNN
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As yen tumbles, Japan's gain isn't South Korea's pain
Thu May 23, 2013 12:41am EDT. * Yen down 20 percent vs dollar over past year, won up by a third against yen. * Weaker yen won't necessarily undercut South Korea's competitiveness.
Logical for IMF to support Abenomics  Financial Times
Japanese economy picking up, central bank says  Taipei Times
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JGBs slip as stocks take back some lost ground
Thu May 23, 2013 11:18pm EDT. TOKYO, May 24 (Reuters) - Japanese government bond prices fell on Friday as stocks clawed back some of their steep losses in the previous session, though the benchmark yield remained well shy of the one percent ...
Kuroda Struggles With Communication as Japan Rates Rise: Economy  Bloomberg
Bass Sees BOJ Bond Purchases Overwhelmed as Investors Dump Debt  Businessweek
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