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Latest News HeadlinesAll times are Singapore Time (GMT+8)
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[external] US STOCKS-Wall St ends flat as energy gains offset sentiment - Reuters - Sat 12:48 pm
* S&P books best weekly percentage gain in about a month
By Caroline Valetkevitch
NEW YORK, May 16 (Reuters) - U.S. stocks finished little changed on Friday as surging oil prices lifted energy shares and offset data that showed consumer confidence sank to its lowest in 28 years.

[external] US STOCKS-S&P briefly turns up with energy sector gains - Reuters - Sat 11:05 am
NEW YORK, May 16 (Reuters) - U.S. stocks cut losses and the S&P 500 briefly turned higher on Friday, boosted by gains in the energy sector as oil prices rose sharply.

[external] US STOCKS-Market falls on record oil price - Reuters - Sat 8:27 am
NEW YORK, May 16 (Reuters) - U.S. stocks fell on Friday after the price of oil hit a record and consumer sentiment data came in surprisingly weak, reviving concerns over spending.

[external] Sharper Image says best bid is $51.25 mln - Reuters - Sat 7:48 am
NEW YORK, May 16 (Reuters) - Bankrupt gadget retailer Sharper Image Corp said on Friday the best bid it received is a cash payment of $51.25 million, plus other consideration, from a group of privately funded investors.

[external] US STOCKS-Market falls further on record oil prices - Reuters - Sat 7:19 am
NEW YORK, May 16 (Reuters) - U.S. stocks extended losses on Friday and the Nasdaq dropped more than 1 percent as a fresh run-up in oil prices to record territory added to concerns over the impact of soaring fuel costs on consumers and businesses.

[external] US STOCKS-Market falls on concerns about the consumer - Reuters - Sat 6:44 am
NEW YORK, May 16 (Reuters) - U.S. stocks slipped on Friday after the price of oil hit a record and consumer sentiment data came in surprisingly weak, reviving concerns over spending.

[external] Abercrombie profit tops view; affirms outlook - Reuters - Sat 6:15 am
NEW YORK, May 16 (Reuters) - Teen apparel retailer Abercrombie & Fitch Co reported higher quarterly profit on Friday, topping Wall Street estimates, as a lower tax rate and a better gross margin helped offset the impact of lower same-store sales.

[external] US STOCKS-Market slips on weak consumer confidence - Reuters - Sat 6:03 am
NEW YORK, May 16 (Reuters) - U.S. stocks fell on Friday, after a survey showed consumer confidence tumbled to its lowest in 28 years this month as short-term inflation expectations hit their highest since the stagflationary early 1980s.

[external] US STOCKS-Wall St opens flat as oil offsets housing data - Reuters - Sat 5:40 am
NEW YORK, May 16 (Reuters) - U.S. stocks opened little changed on Friday after oil prices extended a record-setting streak above $127 a barrel, offsetting optimism sparked by data showing a surprise rise in April housing starts.

[external] US STOCKS-Futures rise on housing data, energy companies - Reuters - Sat 5:20 am
NEW YORK, May 16 (Reuters) - Wall Street looked set to round out the week on a positive note on Friday as stock index futures got a boost from a surprise rise in housing starts and a new record in oil prices lifted shares of energy companies.

Earlier HeadlinesAll times are Singapore Time (GMT+8)

· [external] RESEARCH ALERT-Morgan Stanley downgrades Safeway - Reuters - Sat 4:49 am
· [external] US STOCKS-Futures add to gains on housing data - Reuters - Sat 4:38 am
· [external] US STOCKS-Futures boosted by energy companies, Nordstrom - Reuters - Sat 3:38 am
· [external] Anrakutei-2007/08 group results - Reuters - Sat 2:49 am
· [external] Embattled Carrefour donates in wake of China quake - Reuters - Sat 1:54 am
· [external] Blue diamond fetches $5 mln, sets record per carat - Reuters - Sat 1:25 am
· [external] Hurxley-2007/08 group results - Reuters - Sat 1:17 am
· [external] Artini falls 10 pct in disappointing HK IPO debut - Reuters - Sat 12:58 am
· [external] Japan's Bic Camera to be listed on TSE - Reuters - Fri 11:37 pm
· [external] Clex-2007/08 group results - Reuters - Fri 10:53 pm

· [external] IA-2007/08 group results - Reuters - Fri 10:40 pm
· [external] G-7 Holdings-2007/08 parent results - Reuters - Fri 10:20 pm
· [external] G-7 Holdings-2007/08 group results - Reuters - Fri 10:20 pm
· [external] Kojima-2007/08 parent results - Reuters - Fri 10:09 pm
· [external] Kojima-2007/08 group results - Reuters - Fri 10:09 pm
· [external] Edion-2007/08 parent results - Reuters - Fri 10:07 pm
· [external] Edion-2007/08 group results - Reuters - Fri 10:07 pm
· [external] Haruyama Trading-2007/08 parent results - Reuters - Fri 10:04 pm
· [external] Haruyama Trading-2007/08 group results - Reuters - Fri 10:04 pm
· [external] Pou Sheng, Xtep launch $784 mln in HK IPOs - Reuters - Fri 10:03 pm

· [external] Australia's Woolworths: April food inflation slowed - Reuters - Fri 9:56 pm
· [external] Japan Hot Stocks-Kajima, Calsonic Kansei, Konami, Trans Cosmos - Reuters - Fri 9:13 pm
· [external] Japan Hot Stocks-Calsonic Kansei, Konami, Trans Cosmos, Ulvac - Reuters - Fri 8:41 pm
· [external] Marukyo-6mth parent results - Reuters - Fri 8:30 pm
· [external] Marukyo-6mth group results - Reuters - Fri 8:30 pm
· [external] Japan Hot Stocks-Konami, Trans Cosmos, Ulvac, NEC, Mitsumi - Reuters - Fri 8:21 pm
· [external] Japan Hot Stocks-Trans Cosmos, Ulvac, NEC, Mitsumi, Nintendo - Reuters - Fri 6:34 pm
· Malaysian Consumer GRP Says MKT Manipulation of Rice Should Stop - AsiaPulse - Fri 6:12 pm
· [external] Artini seen down 0.9 pct in Hong Kong IPO debut - Reuters - Fri 5:56 pm
· [external] Japan Hot Stocks-Ulvac, NEC, Mitsumi, Nintendo, Kojima, Mizuho - Reuters - Fri 5:52 pm


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