Cyclical Consumer Goods

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UPDATE 2-UK's Co-op Bank stops lending to new corporate clients

LONDON, May 24 - The Co-operative Bank has stopped offering loans to new business customers, part of measures designed to quell growing concerns over its capital position.

8:35pm IST

UPDATE 2-Abercrombie & Fitch cuts profit forecast as sales crater

May 24 - Abercrombie & Fitch Co on Friday reported a steeper-than-expected drop in first-quarter comparable sales, blaming inventory shortages, and slashed its profit forecast, sending the teen clothing retailer's shares down 10 percent.

8:33pm IST

Henrik Fisker joins Hong Kong tycoon to salvage Fisker -sources

* Fisker cofounder teams up with investors trying to buy U.S. loan

U.S. states support NJ with hands-off approach to luring tourists

HARRISBURG, Pa. May 24 - New Jersey, which launched the start of its summer season on Friday after many of its beaches were devastated by Superstorm Sandy last year, is getting support from neighboring state tourist agencies.

7:59pm IST

Television wins new respect from movie elite at Cannes festival

* Steven Soderbergh among directors gravitating towards TV

7:38pm IST
BSE OIL & GAS +0.09%
BSE BANKEX +0.96%
BSE-IT -0.74%
BSE METALS +1.61%
BSE REALTY +0.73%
BSE AUTO -0.04%
BSE POWER +0.89%
BSE-FMCG +0.27%
BSE-CG +1.61%
BSE-HC -1.28%

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Sensex ends four-day losing streak; GDP, flows on watch

MUMBAI - The BSE Sensex snapped a four-day losing streak to edge higher on Friday, rebounding as Tata Steel surged after its March-quarter operating profit beat analyst estimates and as recently beaten-down blue-chips such as Larsen & Toubro recovered.