FOXBusiness.com

Brazil Steelmaker Usiminas Reshuffling Staff, Not Firing En Masse -Union

Wed, 16 May 2012 22:08:41 GMT

Brazilian steelmaker Usinas Siderurgicas de Minas Gerais (USIM5.BR, USZNY), or Usiminas, is reshuffling employees in the interests of efficiency but isn't firing en masse, a union leader representing workers at the company's Ipatinga works said Wednesday.

Spain To Appoint BlackRock, Oliver Wyman To Value Real Estate Loans -FT

Wed, 16 May 2012 21:43:07 GMT

The government of Spain will announce Thursday that it is appointing Oliver Wyman and BlackRock Inc. (BLK) to independently value real-estate loans in the nation, the Financial Times reported Wednesday.

Utilities Sector Wrap

Wed, 16 May 2012 21:23:35 GMT

The S&P 500 lost 0.4% while the Utilities sector (XLU) showed little movement during trading today.

Transportation Sector Wrap

Wed, 16 May 2012 21:20:37 GMT

The Transportation sector (IYT) showed little movement on a trading day that saw S&P 500 fall 0.4%.

Services Sector Wrap

Wed, 16 May 2012 21:19:26 GMT

The Services sector (IYC) held steady on a trading day that saw S&P 500 drop 0.4%.

Technology Sector Wrap

Wed, 16 May 2012 21:16:42 GMT

During trading today, both the Technology sector (XLK) and the S&P500 showed little movement.

Health Care Sector Wrap

Wed, 16 May 2012 21:14:29 GMT

During trading today, the Health Care sector (XLV) showed little change while the S&P 500 fell 0.4%.

Retail Sector Wrap

Wed, 16 May 2012 21:12:38 GMT

During trading today, the Retail sector (XRT) showed little change while the S&P 500 fell 0.4%.

Financial Sector Wrap

Wed, 16 May 2012 21:12:14 GMT

The Financial sector (XLF) held steady on a trading day that saw S&P 500 drop 0.4%.

Energy Sector Wrap

Wed, 16 May 2012 21:10:54 GMT

During trading today, both the Energy sector (XLE) and the S&P500 showed little movement.