NEW YORK, April 30 (Reuters) - Warren Buffett and Charlie
Munger made clear that they are no fans of embattled drugmaker
Valeant Pharmaceuticals International Inc .
Read more
Saturday, April 30, 2016
Buffett says would pursue big Berkshire stock buyback if warranted
OMAHA, Neb., April 30 (Reuters) - Warren Buffett on Saturday
said the odds were "extremely high" that his Berkshire Hathaway
Inc would buy back "a lot" of its stock if the price
fell below 1.2 times book value, a level it recently approached.
Read more
said the odds were "extremely high" that his Berkshire Hathaway
Inc would buy back "a lot" of its stock if the price
fell below 1.2 times book value, a level it recently approached.
Read more
Buffett, Munger slam Valeant; drugmaker turned into 'a sewer'
NEW YORK, April 30 (Reuters) - Warren Buffett and Charlie
Munger made clear that they are no fans of embattled drugmaker
Valeant Pharmaceuticals International Inc .
Read more
Munger made clear that they are no fans of embattled drugmaker
Valeant Pharmaceuticals International Inc .
Read more
BRIEF-Smart Employee Benefits Q1 revenue increased 107.1 % to $23.4 mln
* Q1 revenue increased by 107.1 % to $23.4 million
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Friday, April 29, 2016
BRIEF-Margaux Resources withdraws letter of intent on Jersey emerald property
* Margaux resources announces withdrawal of letter of intent
regarding the jersey emerald property
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regarding the jersey emerald property
Read more
BRIEF-Interval Leisure Group says brief delay in closing of Vistana Signature Experiences deal
* Interval leisure group and starwood hotels and resorts
worldwide provide update on acquisition of vistana signature
experiences
Read more
worldwide provide update on acquisition of vistana signature
experiences
Read more
Airbus grounds Super Puma helicopters after Norway crash
PARIS, April 30 (Reuters) - Airbus Helicopters said
all commercial passenger flights of helicopters similar to the
Super Puma that crashed off Norway on Friday have been
suspended.
Read more
all commercial passenger flights of helicopters similar to the
Super Puma that crashed off Norway on Friday have been
suspended.
Read more
RPT-US Dept. of Justice investigating Dole after deadly Listeria outbreak
LOS ANGELES, April 29 (Reuters) - Dole Food Company Inc
on Friday said the U.S. Department of Justice is
investigating a deadly Listeria monocytogenes outbreak linked to
packaged salad products from its processing plant in
Springfield, Ohio.
Read more
on Friday said the U.S. Department of Justice is
investigating a deadly Listeria monocytogenes outbreak linked to
packaged salad products from its processing plant in
Springfield, Ohio.
Read more
EMERGING MARKETS-Brazil real hits 8-month high as Latam currencies rally
SAO PAULO, April 29 (Reuters) - Brazil's real surged to an
eight-month high on Friday, prompting the country's central bank
to step up intervention to derail the rally, while Colombia and
Mexico's pesos also hit their strongest levels this year.
Dovish signs from the U.S. Federal Reserve have fueled
strong gains in Latin American currencies this week.
The dollar index, a measure of the greenback's value
against a basket of currencies, was on course for its third
consecutive monthly decli
Read more
eight-month high on Friday, prompting the country's central bank
to step up intervention to derail the rally, while Colombia and
Mexico's pesos also hit their strongest levels this year.
Dovish signs from the U.S. Federal Reserve have fueled
strong gains in Latin American currencies this week.
The dollar index, a measure of the greenback's value
against a basket of currencies, was on course for its third
consecutive monthly decli
Read more
BRIEF-Anthera Pharma amends purchase agreement with Lincoln Park Capital
* On april 27, 2016, Co, Lincoln Park Capital Fund, LLC
entered amendment to purchase agreement, dated as of march 12,
2015
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entered amendment to purchase agreement, dated as of march 12,
2015
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BRIEF-Moody's says Alere's receipt of lender approval for amendment is a positive development
* Alere's receipt of lender approval for amendment and
waiver is a positive development; ratings unaffected
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waiver is a positive development; ratings unaffected
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BRIEF-Tivo, on Rovi deal, anticipates there will be some reductions
* On Rovi Deal - "we anticipate there will be some overlap
in roles so there will be some reductions"
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in roles so there will be some reductions"
Read more
BRIEF-Millenmin Ventures closes $105,000 private placement
* Millenmin Ventures Inc closes $105,000 private placement
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BRIEF-PBF Logistics closes acquisition of East Coast Terminals
* PBF Logistics closes acquisition of East Coast Terminals
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BRIEF-Visionchina Media files extension for 2015 Form 20-F
* Files extension for 2015 Form 20-F and discloses certain
preliminary unaudited financial results for 2015
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preliminary unaudited financial results for 2015
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BRIEF-Excalibur Steel UK says appointed Mark Rhydderch-Roberts as non-executive director
* Excalibur steel UK limited - Appointed Mark
Rhydderch-Roberts as a Non-Executive director with immediate
effect
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Rhydderch-Roberts as a Non-Executive director with immediate
effect
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UPDATE 1-Western Pennsylvania natgas pipeline explodes, injuring one
April 29 (Reuters) - A natural gas pipeline outside
Pittsburgh exploded on Friday, setting off a fire that destroyed
a home, injuring one person inside it and forcing the evacuation
of nearby residents, state and local officials said.
Read more
Pittsburgh exploded on Friday, setting off a fire that destroyed
a home, injuring one person inside it and forcing the evacuation
of nearby residents, state and local officials said.
Read more
Brady Campaign's ad draws ire of U.S. anti-gun violence activists
BOSTON, April 29 (Reuters) - The Brady Campaign to Prevent
Gun Violence said on Friday it has sharply cut back an online ad
that had used the names and faces of mass shooters and urged the
news media not to identify them after the group drew criticism
from other gun control activists.
Read more
Gun Violence said on Friday it has sharply cut back an online ad
that had used the names and faces of mass shooters and urged the
news media not to identify them after the group drew criticism
from other gun control activists.
Read more
BRIEF-Ancora Advisors, LLC reports a 5.46 pct stake in Edgewater Technology Inc as of April 20, 2016 - SEC FILING
* Ancora Advisors, LLC reports a 5.46 pct stake in Edgewater
Technology Inc as of April 20, 2016 - SEC FILING
Source text - http://1.usa.gov/1Um2bLP
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Technology Inc as of April 20, 2016 - SEC FILING
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TransCanada says Keystone maintenance will not affect May volumes
CALGARY, Alberta, April 29 (Reuters) - TransCanada Corp
said on Friday maintenance planned for the 590,000
barrel per day Keystone pipeline in May will not impact its
ability to ship contracted volumes for that month.
Read more
said on Friday maintenance planned for the 590,000
barrel per day Keystone pipeline in May will not impact its
ability to ship contracted volumes for that month.
Read more
EMERGING MARKETS-LatAm currencies extend gains, Brazil's central bank intervenes
SAO PAULO, April 29 (Reuters) - Latin American currencies
extended their gains for a fourth day on Friday on dovish signs
from the Federal Reserve, prompting the Brazilian central bank
to step up intervention to halt a surge of the real that hit an
eight-month high.
Brazil's central bank offered up to $2.5 billion in reverse
currency swaps in three auctions after the real hit 3.45 per
dollar. It was the first central bank intervention in a week.
Other Latin American currencies also stren
Read more
extended their gains for a fourth day on Friday on dovish signs
from the Federal Reserve, prompting the Brazilian central bank
to step up intervention to halt a surge of the real that hit an
eight-month high.
Brazil's central bank offered up to $2.5 billion in reverse
currency swaps in three auctions after the real hit 3.45 per
dollar. It was the first central bank intervention in a week.
Other Latin American currencies also stren
Read more
UPDATE 1-Delta sees room for more cooperation with equity partners
ATLANTA, April 29 (Reuters) - Delta Air Lines Inc
sees opportunities for the airlines in which it owns equity
stakes to cooperate more in the next five years, Delta's
incoming Chief Executive Ed Bastian told reporters in Atlanta on
Friday.
Read more
sees opportunities for the airlines in which it owns equity
stakes to cooperate more in the next five years, Delta's
incoming Chief Executive Ed Bastian told reporters in Atlanta on
Friday.
Read more
UPDATE 1-Philadelphia flights briefly halted after two planes report problems
April 29 (Reuters) - All flights into Philadelphia
International Airport were halted for less than an hour on
Friday morning after pilots of two planes reported problems -
including smoke in the cabin - before landing safely.
Read more
International Airport were halted for less than an hour on
Friday morning after pilots of two planes reported problems -
including smoke in the cabin - before landing safely.
Read more
Spectra responding to Texas Eastern pipeline fire in western Pennsylvania
NEW YORK, April 29 (Reuters) - Spectra Energy is
responding to a fire along its Texas Eastern natural gas
pipeline in Western Pennsylvania on Friday morning, according to
a company spokesman.
Read more
responding to a fire along its Texas Eastern natural gas
pipeline in Western Pennsylvania on Friday morning, according to
a company spokesman.
Read more
BRIEF-Quebec regulator receives Valeant request to lift cease-trade order
April 29 (Reuters) - Valeant Pharmaceuticals International
Inc has requested that Quebec securities regulator
Autorite des Marches Financiers lift its cease-trade order
against directors and key officers
Read more
Inc has requested that Quebec securities regulator
Autorite des Marches Financiers lift its cease-trade order
against directors and key officers
Read more
BRIEF-American Airlines Group CEO's employment agreement is terminated
* Entered into agreement with ceo w. Douglas parker, to
provide that his employment agreement is terminated
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provide that his employment agreement is terminated
Read more
CANADA STOCKS-TSX rises as resource stocks rally on higher commodity prices
TORONTO, April 29 (Reuters) - Canada's main stock index rose
on Friday as higher oil and gold prices supported energy and
mining stocks.
Read more
on Friday as higher oil and gold prices supported energy and
mining stocks.
Read more
BRIEF-CVR Energy Inc says CEO'S 2015 total compensation was $8.2 mln
* CEO John J. Lipinski's 2015 total compensation was $8.2
million versus $3.9 million in 2014 - SEC filing
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million versus $3.9 million in 2014 - SEC filing
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BRIEF-American Airlines Group says CFO's 2015 total compensation $5.2 mln
* Says cfo derek j. Kerr fy 2015 total compensation $5.2
million versus $5.6 million in fy 2014 - sec filing
Read more
million versus $5.6 million in fy 2014 - sec filing
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BRIEF-Seaworld Entertainment says CEO's 2015 total compensation was 11.3 mln
* Says CEO Joel Manby's 2015 total compensation was $11.3
million - SEC filing
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million - SEC filing
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BRIEF-Forum Energy Technologies Q1 loss per share $0.25
* Forum Energy Technologies announces first quarter 2016
results and change in reporting segments
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results and change in reporting segments
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EMERGING MARKETS-Rouble, lira hit 6-month high as dollar swoons
By Marc Jones
LONDON, April 29 (Reuters) - (Advisory: There will be no
London-based emerging market report on Monday due to a UK public
holiday)
Russia's rouble and Turkey's lira lead a gang of top emerging
market currencies to six-month highs on Friday as signals this
week that U.S. interest rates are likely to stay ultra-low
cemented a third month of losses for the dollar.
EM stocks were suffering the effects of a heavy week for
major markets like Wall Street and Tokyo, but for currenc
Read more
LONDON, April 29 (Reuters) - (Advisory: There will be no
London-based emerging market report on Monday due to a UK public
holiday)
Russia's rouble and Turkey's lira lead a gang of top emerging
market currencies to six-month highs on Friday as signals this
week that U.S. interest rates are likely to stay ultra-low
cemented a third month of losses for the dollar.
EM stocks were suffering the effects of a heavy week for
major markets like Wall Street and Tokyo, but for currenc
Read more
UPDATE 2-Puma sees Rihanna helping catch resurgent Adidas
* Shares down 2.9 pct, reversing climb earlier in week
(Recasts, adds CEO comments, share price)
Read more
(Recasts, adds CEO comments, share price)
Read more
Russia's Yamal LNG signs $12 bln loan deals with Chinese banks
MOSCOW, April 29 (Reuters) - Russia's Novatek-led
Yamal LNG project has signed loan agreements with Chinese banks
worth 9.3 billion euros ($10.6 billion) and 9.8 billion yuan
($1.5 billion), Yamal LNG said on Friday.
Read more
Yamal LNG project has signed loan agreements with Chinese banks
worth 9.3 billion euros ($10.6 billion) and 9.8 billion yuan
($1.5 billion), Yamal LNG said on Friday.
Read more
IAG and Restaurant Group weigh on European equities
LONDON, April 29 (Reuters) - European equities fell sharply
on Friday and headed for their biggest weekly decline in one
month, with the travel and leisure stocks leading the market
lower after updates from British Airways-owner IAG and
Restaurant Group.
Read more
on Friday and headed for their biggest weekly decline in one
month, with the travel and leisure stocks leading the market
lower after updates from British Airways-owner IAG and
Restaurant Group.
Read more
BRIEF-North Atlantic Drilling extends $2.0 bln credit facility
* North Atlantic Drilling Limited, a majority owned
subsidiary of Seadrill Limited, announces today that it has
reached agreement with its banking group to extend its US$2.0
billion credit facility to June 2017 and to amend certain
financial covenants.
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subsidiary of Seadrill Limited, announces today that it has
reached agreement with its banking group to extend its US$2.0
billion credit facility to June 2017 and to amend certain
financial covenants.
Read more
Travel and leisure shares weigh on European equities
LONDON, April 29 (Reuters) - European equities fell sharply
in early trading on Friday, with British Airways-owner
International Airlines Group and Restaurant Group
dragging the travel and leisure index lower after their
updates.
Read more
in early trading on Friday, with British Airways-owner
International Airlines Group and Restaurant Group
dragging the travel and leisure index lower after their
updates.
Read more
BRIEF-Nanoco Group says to get first royalty payment from Dow
* Announce that it has been notified of its first royalty
payment from Dow Chemical Company following sales during first
three months of 2016 of nanoco cadmium-free quantum dots from
dow's plant in Cheonan, South Korea
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payment from Dow Chemical Company following sales during first
three months of 2016 of nanoco cadmium-free quantum dots from
dow's plant in Cheonan, South Korea
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UPDATE 1-UK Stocks-Factors to watch on April 29
April 29 (Reuters) - Britain's FTSE 100 index is seen opening down
around 45 points, or 0.7 percent, on Friday, according to financial bookmakers,
with futures down 0.60 percent ahead of the cash market open. For more
on the factors affecting European stocks, please click on
Read more
around 45 points, or 0.7 percent, on Friday, according to financial bookmakers,
with futures down 0.60 percent ahead of the cash market open. For more
on the factors affecting European stocks, please click on
Read more
Thursday, April 28, 2016
RPT-Credit Suisse boss Thiam must show turnaround plan on track
LONDON/ZURICH, April 28 (Reuters) - Credit Suisse
investors want answers from CEO Tidjane Thiam about his
turnaround plan in the wake of $1 billion of unexpected trading
writedowns at the bank, which has lost more than a third of its
value since he joined 10 months ago.
Read more
investors want answers from CEO Tidjane Thiam about his
turnaround plan in the wake of $1 billion of unexpected trading
writedowns at the bank, which has lost more than a third of its
value since he joined 10 months ago.
Read more
Chubut to join Argentina bond spree
NEW YORK, April 28 (IFR) - Argentina's Province of Chubut is
preparing to sell an up to US$83m New York law bond due in 2023,
according to Moody's, which assigned a B3 rating to the issue on
Thursday.
Read more
preparing to sell an up to US$83m New York law bond due in 2023,
according to Moody's, which assigned a B3 rating to the issue on
Thursday.
Read more
Carl Icahn says sold entire Apple stake - CNBC
NEW YORK, April 28 (Reuters) - Billionaire activist investor
Carl Icahn said Thursday he had sold his entire stake in Apple
Inc, citing the risk of China's influence on the stock.
Read more
Carl Icahn said Thursday he had sold his entire stake in Apple
Inc, citing the risk of China's influence on the stock.
Read more
UPDATE 1-Fiat Chrysler, Alphabet in technology partnership talks - WSJ
April 28 (Reuters) - Fiat Chrysler Automobiles NV
is in late-stage talks with Alphabet Inc's
self-driving car division for a technology partnership, the Wall
Street Journal reported, citing a person familiar with the
discussions.
Read more
is in late-stage talks with Alphabet Inc's
self-driving car division for a technology partnership, the Wall
Street Journal reported, citing a person familiar with the
discussions.
Read more
BRIEF-Virgin America says Alaska deal does not solve the capacity constraint
* Alaska deal does not solve the capacity or the gate
constraint and the capacity constraint issues - conf call
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constraint and the capacity constraint issues - conf call
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UPDATE 3-Airbus tackles A400M woes at start of "challenging year"
* Reiterates financial and operational targets for 2016
(Recasts after shareholder meeting)
Read more
(Recasts after shareholder meeting)
Read more
BRIEF-Lehman Brothers Inc. Trustee to make additional distribution to unsecured general creditors
* Lehman Brothers Inc. Trustee announces plans for
additional distribution to unsecured general creditors
Read more
additional distribution to unsecured general creditors
Read more
BRIEF-Whiting Petroleum says paying down debt first balance sheet priority
* Chief Executive Jim Volker says 'strongly positioned' from
liquidity, debt perspective to deal with lower oil prices
Read more
liquidity, debt perspective to deal with lower oil prices
Read more
BRIEF-Centene Corp appoints Christopher Isaak as chief accounting officer
* Centene Corporation appoints Christopher Isaak as
corporate controller and chief accounting officer
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corporate controller and chief accounting officer
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BRIEF-Spherix files complaint for patent infringement
* Spherix files complaint for patent infringement against
level 3 communications, tw telecom, and fairpoint communications
inc.
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level 3 communications, tw telecom, and fairpoint communications
inc.
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BRIEF-Ikonics posts Q1 loss per share of $0.10
* Ikonics reports strong sales increase and improved
financial performance for the first quarter of 2016
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financial performance for the first quarter of 2016
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Southern Copper's net profit dropped 34.5 pct in first quarter
LIMA, April 28 (Reuters) - Southern Copper Corp's
net profit dropped 34.5 percent to $185.1 million, or $0.24 per
share, in the first quarter on slumping metal prices, the
company said Thursday.
Read more
net profit dropped 34.5 percent to $185.1 million, or $0.24 per
share, in the first quarter on slumping metal prices, the
company said Thursday.
Read more
BRIEF-Priceline Group says outgoing CEO Huston to not receive severance pay
* Outgoing CEO Huston will not receive any severance
payments -SEC filing
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payments -SEC filing
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BRIEF-Lehman Brothers Trustee announces plans for additional distribution
* Lehman Brothers Trustee says if approved by court,
distribution would bring cumulative payout to unsecured general
creditors to 38 percent
Read more
distribution would bring cumulative payout to unsecured general
creditors to 38 percent
Read more
MasterCard profit falls 6 pct on higher operating costs
April 28 (Reuters) - MasterCard Inc, operator of the
world's second-largest payments network, reported a 6 percent
fall in quarterly profit as operating costs rose.
Read more
world's second-largest payments network, reported a 6 percent
fall in quarterly profit as operating costs rose.
Read more
BRIEF-Mead Johnson Nutrition says Q1 non-gaap EPS $0.87
* Reports Sequential Sales For First Quarter 2016 Above
Fourth Quarter 2015 On A Constant Dollar Basis; Reaffirms 2016
Sales And Non Gaap eps guidance
Read more
Fourth Quarter 2015 On A Constant Dollar Basis; Reaffirms 2016
Sales And Non Gaap eps guidance
Read more
UPDATE 2-VW says emissions scandal bill could get much bigger
* No sales of brands or units on agenda - CFO
(Adds company, analyst comments, detail, background, shares)
Read more
(Adds company, analyst comments, detail, background, shares)
Read more
UPDATE 2-Bristol raises 2016 forecast after earnings beat
April 28 (Reuters) - Bristol-Myers Squibb Co
ratcheted up its 2016 profit view after trouncing first-quarter
sales and earnings forecasts on strong demand for its new Opdivo
immuno-oncology drug and Eliquis blood clot preventer.
Read more
ratcheted up its 2016 profit view after trouncing first-quarter
sales and earnings forecasts on strong demand for its new Opdivo
immuno-oncology drug and Eliquis blood clot preventer.
Read more
BRIEF-Ball Corp reports Q1 non-gaap earnings per share $0.59
* Qtrly aerospace and technologies contracted backlog grew
more than $100 million to $729 million at end of q1
Read more
more than $100 million to $729 million at end of q1
Read more
UPDATE 1-Potash Corp cuts 2016 profit forecast on weak demand, prices
April 28 (Reuters) - Potash Corp of Saskatchewan
, the world's biggest fertilizer company by capacity, cut
its full-year profit forecast due to weak demand and lower
prices.
Read more
, the world's biggest fertilizer company by capacity, cut
its full-year profit forecast due to weak demand and lower
prices.
Read more
Pension problem at Welsh steel plant can be solved - Tata UK CEO
LONDON, April 28 (Reuters) - There are solutions to the high
pension fund liability at the steel plant at Port Talbot in
Wales that would not involve public money, Bimlendra Jha, the
chief executive of Tata Steel UK, said on Thursday.
Read more
pension fund liability at the steel plant at Port Talbot in
Wales that would not involve public money, Bimlendra Jha, the
chief executive of Tata Steel UK, said on Thursday.
Read more
Canada may delay foreign worker limits as packers, farms face squeeze
WINNIPEG, Manitoba, April 28 (Reuters) - Canada may delay
implementing new restrictions on the use of foreign workers as
farmers and meat processors warn of severe labor shortages in
one of the world's biggest agricultural exporters, the
employment minister said.
Read more
implementing new restrictions on the use of foreign workers as
farmers and meat processors warn of severe labor shortages in
one of the world's biggest agricultural exporters, the
employment minister said.
Read more
Government may have to do more to help Tata find buyer for UK assets-CEO
LONDON, April 28 (Reuters) - The British government will
probably have to do more to help India's Tata Steel to find a
buyer for its steel plants in the country, Bimlendra Jha, the
chief executive of Tata Steel UK said on Thursday.
Read more
probably have to do more to help India's Tata Steel to find a
buyer for its steel plants in the country, Bimlendra Jha, the
chief executive of Tata Steel UK said on Thursday.
Read more
IFC arranges $375 mln in financing to boost Iraq's power sector
DUBAI, April 28 (Reuters) - International Finance
Corporation (IFC), the World Bank's private sector
investment arm, said on Thursday it had arranged $375 million in
financing for an Iraqi power company to provide electricity to
millions of people in Kurdistan and Baghdad.
Read more
Corporation (IFC), the World Bank's private sector
investment arm, said on Thursday it had arranged $375 million in
financing for an Iraqi power company to provide electricity to
millions of people in Kurdistan and Baghdad.
Read more
Wednesday, April 27, 2016
UPDATE 1-Lloyds posts profit in line with hopes amid slowdown in UK economy
LONDON, April 28 (Reuters) - Lloyds Banking Group
reported underlying profits in line with expectations on
Thursday, keeping first quarter revenues steady and cutting bad
debts despite the challenging economic environment.
Read more
reported underlying profits in line with expectations on
Thursday, keeping first quarter revenues steady and cutting bad
debts despite the challenging economic environment.
Read more
Airbus Group says A350 delivery target unchanged
AMSTERDAM, April 28 (Reuters) - Airbus is
maintaining its target for more than 50 A350 deliveries in 2016
despite a slow start to the year due to problems in the supply
chain, Finance Director Harald Wilhelm said on Thursday.
Read more
maintaining its target for more than 50 A350 deliveries in 2016
despite a slow start to the year due to problems in the supply
chain, Finance Director Harald Wilhelm said on Thursday.
Read more
UK Stocks-Factors to watch on April 28
April 28 (Reuters) - Britain's FTSE 100 index is seen opening down
by 23 points, or 0.4 percent, on Thursday, according to financial bookmakers.
For more on the factors affecting European stocks, please click on
* The UK blue chip index closed up 35.39 points, or 0.6 percent, at 6,319.91
on Wednesday, boosted by strong results from drugmaker GlaxoSmithKline,
while banking stocks were mixed as traders digested latest figures from Barclays
and Standard Chartered.
* TUI: European to
Read more
by 23 points, or 0.4 percent, on Thursday, according to financial bookmakers.
For more on the factors affecting European stocks, please click on
* The UK blue chip index closed up 35.39 points, or 0.6 percent, at 6,319.91
on Wednesday, boosted by strong results from drugmaker GlaxoSmithKline,
while banking stocks were mixed as traders digested latest figures from Barclays
and Standard Chartered.
* TUI: European to
Read more
CORRECTED-Apple, ANZ Bank strike deal to bring Apple Pay to Australia
SYDNEY, April 28 (Reuters) - Apple Inc expanded its
Apple Pay digital wallet in Australia on Thursday after ANZ
became the country's first bank to support the mobile
payment service, executives at the pair told Reuters.
Read more
Apple Pay digital wallet in Australia on Thursday after ANZ
became the country's first bank to support the mobile
payment service, executives at the pair told Reuters.
Read more
UPDATE 1-Suncor reports C$500 million Q1 operating loss on low oil
CALGARY, Alberta, April 27 (Reuters) - Suncor Energy Inc
, Canada's largest oil and gas company, reported a
first-quarter operating loss on Wednesday as sagging crude
prices outweighed record production at the company's oil sands
operations in Northern Alberta.
Read more
, Canada's largest oil and gas company, reported a
first-quarter operating loss on Wednesday as sagging crude
prices outweighed record production at the company's oil sands
operations in Northern Alberta.
Read more
BRIEF-Murphy Oil divests interest in Syncrude joint venture for C$937 million
* Murphy Oil Corporation announces non-core asset sale -
divests interest in Syncrude joint venture for C$937 million
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divests interest in Syncrude joint venture for C$937 million
Read more
UPDATE 1-Grupo Mexico's 1st-qtr profit jumps over 20 pct
MEXICO CITY, April 27 (Reuters) - Mexican mining, rail and
infrastructure company Grupo Mexico said on Wednesday its
first-quarter net profit rose 20.9 percent compared to the same
period a year ago due to higher metals production and a big jump
in investment gains.
Read more
infrastructure company Grupo Mexico said on Wednesday its
first-quarter net profit rose 20.9 percent compared to the same
period a year ago due to higher metals production and a big jump
in investment gains.
Read more
BRIEF-Qlik Technologies working with Morgan Stanley to find potential buyers - Bloomberg
* Qlik Technologies Inc is working with Morgan Stanley to
find potential buyers - Bloomberg, citing sources
Read more
find potential buyers - Bloomberg, citing sources
Read more
UPDATE 1-U.S. clothes giant HanesBrands makes $840 mln play for Australia rival
SYDNEY, April 28 (Reuters) - Australian underwear and
t-shirt maker Pacific Brands Ltd said on Thursday it
has agreed to an all-cash buyout from U.S. clothing company
HanesBrands Inc, valuing the company at A$1.1 billion
($836 million).
Read more
t-shirt maker Pacific Brands Ltd said on Thursday it
has agreed to an all-cash buyout from U.S. clothing company
HanesBrands Inc, valuing the company at A$1.1 billion
($836 million).
Read more
UPDATE 1-Suncor Energy to acquire additional 5 pct stake in Syncrude
April 27 (Reuters) - Canadian oil and gas producer Suncor
Energy Inc said on Wednesday it has agreed to pay about
C$937 million to acquire an additional 5 percent stake in its
Syncrude oil sands joint venture from Murphy Oil Corp's
Canadian unit.
Read more
Energy Inc said on Wednesday it has agreed to pay about
C$937 million to acquire an additional 5 percent stake in its
Syncrude oil sands joint venture from Murphy Oil Corp's
Canadian unit.
Read more
Suncor Energy to acquire additional 5 pct stake in Syncrude
April 27 (Reuters) - Canadian oil and gas producer Suncor
Energy Inc said on Wednesday it has agreed to acquire an
additional 5 percent stake in Syncrude for about C$937 million.
Read more
Energy Inc said on Wednesday it has agreed to acquire an
additional 5 percent stake in Syncrude for about C$937 million.
Read more
FBI would gain new hacking power if search warrant rules change
WASHINGTON, April 27 (Reuters) - U.S. judges will be able to
issue search warrants giving law enforcement agents power to
access computers in any jurisdiction, potentially even overseas,
under a controversial rule change likely to be approved by the
Supreme Court by May 1.
Read more
issue search warrants giving law enforcement agents power to
access computers in any jurisdiction, potentially even overseas,
under a controversial rule change likely to be approved by the
Supreme Court by May 1.
Read more
BRIEF-Orchid Island Capital reports Q1 loss of $0.21/shr
* Qtrly net loss of $4.6 million, or $0.21 per common share
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BRIEF-ATN reports Q1 EPS of $0.38
* Network inc says for fy 2016, reaffirm expectation that
u.s. Wireless business revenues will range from $140 million to
$150 million
Read more
u.s. Wireless business revenues will range from $140 million to
$150 million
Read more
BRIEF-Vmware says executive VP of cloud services Bill Fathers to leave
* Says it confirms Bill Fathers, executive vice president
and general manager, cloud services business unit, will leave Co
effective May 3
Further company coverage:
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and general manager, cloud services business unit, will leave Co
effective May 3
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BRIEF-Newport stockholders approve acquisition of company by MKS Instruments
* Newport stockholders approve acquisition of Newport by MKS
Instruments
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Instruments
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UPDATE 2-Email privacy bill unanimously passes U.S. House
WASHINGTON, April 27 (Reuters) - The U.S. House of
Representatives voted unanimously on Wednesday to require law
enforcement authorities to get a search warrant before asking
technology companies to hand over old emails.
Read more
Representatives voted unanimously on Wednesday to require law
enforcement authorities to get a search warrant before asking
technology companies to hand over old emails.
Read more
Data storage company SanDisk's quarterly revenue rises 2.5 pct
April 27 (Reuters) - Data storage products maker SanDisk
Corp's quarterly revenue rose 2.5 percent, reversing a
decline of four quarters, helped by strong sales of chips used
in solid state drives and USB flash drives.
Read more
Corp's quarterly revenue rose 2.5 percent, reversing a
decline of four quarters, helped by strong sales of chips used
in solid state drives and USB flash drives.
Read more
BRIEF-Paypal reports Q1 GAAP earnings per share $0.30
* Paypal holdings inc says 8 payment transactions per
active account on a trailing twelve month basis, up 12%
Read more
active account on a trailing twelve month basis, up 12%
Read more
Fund manager Loeb says market volatility offers opportunities
NEW YORK, April 27 (Reuters) - Billionaire hedge fund
manager Dan Loeb believes that recent market volatility still
offers "excellent opportunities" to make money despite a
"catastrophic" period for hedge fund performance, according to a
letter sent to clients of his Third Point LLC on Tuesday seen by
Reuters.
Read more
manager Dan Loeb believes that recent market volatility still
offers "excellent opportunities" to make money despite a
"catastrophic" period for hedge fund performance, according to a
letter sent to clients of his Third Point LLC on Tuesday seen by
Reuters.
Read more
BRIEF-Tootsie Roll Industries q1 earnings per share $0.16
* Tootsie roll industries inc says q1 net earnings per share
were $0.16
Source text : http://1.usa.gov/1ri8fJM
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were $0.16
Source text : http://1.usa.gov/1ri8fJM
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UPDATE 2-Santander Brasil shares up on profit beat, lower provisions
SAO PAULO, April 27 (Reuters) - Shares in Banco Santander
Brasil SA rose on Wednesday after the nation's
largest foreign-owned lender posted a first-quarter profit that
beat expectations due in part to lower loan-loss provisions and
increased loan renegotiations.
Read more
Brasil SA rose on Wednesday after the nation's
largest foreign-owned lender posted a first-quarter profit that
beat expectations due in part to lower loan-loss provisions and
increased loan renegotiations.
Read more
Whole Foods wins dismissal of PETA lawsuit over meat claims
April 27 (Reuters) - Whole Foods Market Inc won the
dismissal of a lawsuit by a well-known animal rights group that
accused the grocery chain of deceiving consumers into believing
the meat it sells is raised more humanely than normal, resulting
in overcharges.
Read more
dismissal of a lawsuit by a well-known animal rights group that
accused the grocery chain of deceiving consumers into believing
the meat it sells is raised more humanely than normal, resulting
in overcharges.
Read more
BRIEF-Immune Therapeutics says NAFDAC approves Lodonal
* NAFDAC approved lodonal as over counter, non-toxic adjunct
therapy in treatment of HIV/Aids and immune system regulator
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therapy in treatment of HIV/Aids and immune system regulator
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BRIEF-Hilton says group business demand continues to remains healthy - Conf Call
* Says continues to see strength in leisure demand in
transient business; transient corporate business demand softer
driven by weaker macro conditions
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transient business; transient corporate business demand softer
driven by weaker macro conditions
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UPDATE 1-Group 1 sales up 7 pct, EPS beats Street, shares soar
April 27 (Reuters) - First-quarter profit for Group 1
Automotive, the No. 3 U.S. auto dealer group, beat
analyst expectations and showed a rise of 7.2 percent in
revenue, helping send shares up more than 8 percent on
Wednesday.
Read more
Automotive, the No. 3 U.S. auto dealer group, beat
analyst expectations and showed a rise of 7.2 percent in
revenue, helping send shares up more than 8 percent on
Wednesday.
Read more
BRIEF-Skechers USA files lawsuit against Eliya Inc
* Filed a lawsuit against Eliya Inc for marketing,
distributing footwear that infringes on popular Skech-Air by
Skechers product line
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distributing footwear that infringes on popular Skech-Air by
Skechers product line
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BRIEF-Xtreme announces segment sale for C$205 million to Schlumberger
* Xtreme announces sale of XSR coiled tubing services
segment to Schlumberger for c$205 million and repositions xtreme
as a pure tier 1 contract driller
Read more
segment to Schlumberger for c$205 million and repositions xtreme
as a pure tier 1 contract driller
Read more
UPDATE 2-Baker Hughes expects U.S. rig count to stabilize later in 2016
* Shares drop more nearly 4 percent premarket
(Adds details on Halliburton deal, rig count, shares)
Read more
(Adds details on Halliburton deal, rig count, shares)
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UPDATE 1-Brazil banks brace for fresh wave of loan refinancing deals
(Adds Santander Brasil results, data on renegotiated loan book
throughout)
By Guillermo Parra-Bernal
SAO PAULO, April 27 (Reuters) - Brazil's largest listed
lenders are facing a deluge of requests from companies to
renegotiate at least 100 billion reais ($28 billion) in
problematic loans, posing headwinds for an industry struggling
with a harsh recession and soaring delinquencies.
Steelmaker Cia Siderúrgica Nacional SA and
engineering conglomerate Grupo Odebrecht SA are among do
Read more
UPDATE 2-Boston Scientific profit beats as heart stent sales rise
April 27 (Reuters) - Boston Scientific Corp reported
a better-than-expected quarterly profit, boosted by higher sales
of its heart stents and clot-removal product, and the medical
device maker raised its full-year revenue forecast.
Read more
a better-than-expected quarterly profit, boosted by higher sales
of its heart stents and clot-removal product, and the medical
device maker raised its full-year revenue forecast.
Read more
BRIEF-Examworks to be acquired by Leonard Green & Partners for $35.05/shr in cash
* Examworks enters into definitive agreement to be acquired
by Leonard Green & Partners, L.P. for $35.05 per share in cash
Read more
by Leonard Green & Partners, L.P. for $35.05 per share in cash
Read more
ExamWorks to be bought by Leonard Green in $2.2 bln deal
April 27 (Reuters) - ExamWorks Group Inc, a
provider of medical examination services for insurers, legal
firms and government agencies, said on Wednesday it had agreed
to be bought by private equity firm Leonard Green & Partners in
a deal valued at about $2.2 billion.
Read more
provider of medical examination services for insurers, legal
firms and government agencies, said on Wednesday it had agreed
to be bought by private equity firm Leonard Green & Partners in
a deal valued at about $2.2 billion.
Read more
Northrop Grumman profit rises 15 pct on lower tax expenses
April 27 (Reuters) - Northrop Grumman Corp, the
maker of Global Hawk surveillance planes, reported a near 15
percent rise in quarterly profit, helped by lower tax expenses.
Read more
maker of Global Hawk surveillance planes, reported a near 15
percent rise in quarterly profit, helped by lower tax expenses.
Read more
STMicro sees improved results in second half of 2016
FRANKFURT, April 27 (Reuters) - Struggling Franco-Italian
chipmaker STMicroelectronics sees its business picking
up and is increasingly optimistic about its financial
performance for the remainder of the year, Chief Executive Carlo
Bozotti said on Wednesday.
Read more
chipmaker STMicroelectronics sees its business picking
up and is increasingly optimistic about its financial
performance for the remainder of the year, Chief Executive Carlo
Bozotti said on Wednesday.
Read more
Greek shares underperform sluggish European markets
LONDON, April 27 (Reuters) - European stocks slipped on
Wednesday, weighed down by some weak corporate earnings, while
the Greek market underperformed after euro zone officials
delayed a meeting on the country's bailout.
Read more
Wednesday, weighed down by some weak corporate earnings, while
the Greek market underperformed after euro zone officials
delayed a meeting on the country's bailout.
Read more
Saudi's Flynas rules out Bombardier from possible 100-jet order
DUBAI, April 27 (Reuters) - Saudi Arabia's Flynas is in
talks with Boeing Co and Airbus for a potential
100-jet order, chief executive Paul Byrne told a conference in
Dubai on Wednesday, adding it had ruled out Bombardier
from its considerations.
Read more
talks with Boeing Co and Airbus for a potential
100-jet order, chief executive Paul Byrne told a conference in
Dubai on Wednesday, adding it had ruled out Bombardier
from its considerations.
Read more
Mitsubishi Motors issues no earnings guidance amid mileage cheating scandal
TOKYO, April 27 (Reuters) - Mitsubishi Motors Corp
on Wednesday issued no earnings guidance for this financial
year, as it typically does when reporting annual results, given
uncertainty over the fallout from a ballooning mileage cheating
scandal.
Read more
on Wednesday issued no earnings guidance for this financial
year, as it typically does when reporting annual results, given
uncertainty over the fallout from a ballooning mileage cheating
scandal.
Read more
Tuesday, April 26, 2016
Germany to introduce e-car incentives of 4,000 euros, govt sources
BERLIN, April 27 (Reuters) - Germany's government and the
auto industry have agreed on introducing an incentive of 4,000
euros ($4,518) for electric car buyers and 3,000 euros for those
purchasing a plug-in hybrid vehicle, government sources told
Reuters on Wednesday.
Read more
auto industry have agreed on introducing an incentive of 4,000
euros ($4,518) for electric car buyers and 3,000 euros for those
purchasing a plug-in hybrid vehicle, government sources told
Reuters on Wednesday.
Read more
UK regulator criticises Asda over promotion tactics
LONDON, April 27 (Reuters) - Wal Mart's British
supermarket Asda has agreed to change the way it operates
promotions after being singled out for criticism by the
competition regulator.
Read more
supermarket Asda has agreed to change the way it operates
promotions after being singled out for criticism by the
competition regulator.
Read more
DEALTALK-How some SunEdison creditors scored a safe, lucrative debt deal
April 27 (Reuters) - When a group of hedge funds agreed to
lend $725 million to SunEdison Inc - three months
before it filed for bankruptcy last week - they secured an
unusually generous concession from the U.S. renewable energy
company and its other lenders.
Read more
lend $725 million to SunEdison Inc - three months
before it filed for bankruptcy last week - they secured an
unusually generous concession from the U.S. renewable energy
company and its other lenders.
Read more
European Factors to Watch-Shares seen flat, Apple may impact tech stocks
LONDON, April 27 (Reuters) - European stocks were opening flat on Wednesday,
although technology stocks may come under pressure after Apple posted
its first-ever decline in iPhone sales.
Read more
although technology stocks may come under pressure after Apple posted
its first-ever decline in iPhone sales.
Read more
Valeant CEO to tell U.S. Senate he regrets raising heart drug prices
WASHINGTON, April 27 (Reuters) - Outgoing Valeant
Pharmaceuticals Chief Executive Michael Pearson plans
to tell a U.S. Senate panel on Wednesday that he regrets his
decision to acquire and jack up the price of two life-saving
heart drugs, saying it was all a "mistake."
Read more
Pharmaceuticals Chief Executive Michael Pearson plans
to tell a U.S. Senate panel on Wednesday that he regrets his
decision to acquire and jack up the price of two life-saving
heart drugs, saying it was all a "mistake."
Read more
Brazil banks brace for fresh wave of loan refinancing deals
By Guillermo Parra-Bernal
SAO PAULO, April 27 (Reuters) - Brazil's largest listed
lenders are facing a deluge of requests from companies to
renegotiate at least 100 billion reais ($28 billion) in
problematic loans, posing headwinds for an industry struggling
with a harsh recession and soaring delinquencies.
Steelmaker Cia Siderúrgica Nacional SA and
engineering conglomerate Grupo Odebrecht SA are among dozens of
firms pressing banks to ease the terms of outstanding loans amid
Brazil's w
Read more
SAO PAULO, April 27 (Reuters) - Brazil's largest listed
lenders are facing a deluge of requests from companies to
renegotiate at least 100 billion reais ($28 billion) in
problematic loans, posing headwinds for an industry struggling
with a harsh recession and soaring delinquencies.
Steelmaker Cia Siderúrgica Nacional SA and
engineering conglomerate Grupo Odebrecht SA are among dozens of
firms pressing banks to ease the terms of outstanding loans amid
Brazil's w
Read more
CORRECTED-Japan life insurers' holdings of foreign securities set for new heights
TOKYO, April 27 (Reuters) - Japanese life insurers expect to
lift holdings of foreign securities to record levels this fiscal
year as they hunt better returns than the record low domestic
yields prevailing under the Bank of Japan's negative interest
rate policy.
Read more
lift holdings of foreign securities to record levels this fiscal
year as they hunt better returns than the record low domestic
yields prevailing under the Bank of Japan's negative interest
rate policy.
Read more
Nikkei slides as Apple-linked stocks wilt, poor earnings stoke worries
TOKYO, April 27 (Reuters) - Japanese stocks fell on
Wednesday morning as Apple-related shares took a beating and
disappointing corporate earnings came into sharp focus amid
uncertainty over whether the Bank of Japan will deliver on
expectations of further stimulus at this week's meeting.
Read more
Wednesday morning as Apple-related shares took a beating and
disappointing corporate earnings came into sharp focus amid
uncertainty over whether the Bank of Japan will deliver on
expectations of further stimulus at this week's meeting.
Read more
UPDATE 1-Visa calls travel projections for Olympics 'reassuring'
April 26 (Reuters) - Visa Inc is forecasting 400,000 to 500,000 international visitors to Rio de Janeiro in August, a projection one of its top marketing executives called "reassuring" given economic and health issues swirling around the August games in Brazil.
Read more
Read more
UPDATE 1-Olympics-Venues ready, but many challenges remain for Rio Games
SAO PAULO, April 26 (Reuters) - Brazil has long been known as a country that can throw a great party as long as the guests do not mind a location that still has the builders in it.
Read more
Read more
BRIEF-Comcast in talks to buy Dreamworks Animation - CNBC, citing DJ
* Comcast in talks to buy Dreamworks Animation in deal that
could value Dreamworks at more than $3 Bln - CNBC, citing Dow
Jones
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could value Dreamworks at more than $3 Bln - CNBC, citing Dow
Jones
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Apple says FBI gave it first vulnerability tip on April 14
April 26 (Reuters) - The FBI informed Apple Inc of
a vulnerability in its iPhone and Mac software on April 14, the
first time it had told the company about a flaw in Apple
products under a controversial White House process for sharing
such information, the company told Reuters on Tuesday.
Read more
a vulnerability in its iPhone and Mac software on April 14, the
first time it had told the company about a flaw in Apple
products under a controversial White House process for sharing
such information, the company told Reuters on Tuesday.
Read more
UPDATE 1-Pentagon aims to curb tobacco use by military -memo
WASHINGTON, April 26 (Reuters) - U.S. Defense Secretary Ash
Carter has issued new policy guidelines aimed at curbing tobacco
use within America's military that include raising the prices of
tobacco on military bases to match local market prices.
Read more
Carter has issued new policy guidelines aimed at curbing tobacco
use within America's military that include raising the prices of
tobacco on military bases to match local market prices.
Read more
UPDATE 4-Chipotle freebies fail to overcome food safety fears; shares fall
LOS ANGELES, April 26 (Reuters) - Chipotle Mexican Grill Inc
reported its first ever quarterly loss, after food
giveaways failed to lure back large numbers of paying customers
turned off by a string of food safety lapses last year.
Read more
reported its first ever quarterly loss, after food
giveaways failed to lure back large numbers of paying customers
turned off by a string of food safety lapses last year.
Read more
BRIEF-Renasant corporation Q1 earnings per share $0.52
* Renasant corporation announces 2016 first quarter
earnings; increases quarterly cash dividend
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earnings; increases quarterly cash dividend
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BRIEF-Psychemedics quarterly revenue fell 1 pct to $6.7 mln
* Quarterly earnings per share $0.00
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BRIEF-Golden arrow increases non-brokered private placement
* Golden arrow resources corp says non-brokered private
placement previously announced on april 20, 2016 has been
increased to $2.3 million
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placement previously announced on april 20, 2016 has been
increased to $2.3 million
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UPDATE 2-Bombardier to face pushback from Canadian pension funds at AGM
TORONTO, April 26 (Reuters) - Two of Canada's top pension
funds have come out in support of a shareholder proposal calling
for greater transparency at plane and train maker Bombardier Inc
, despite a rejection of the idea by the company's
management.
Read more
funds have come out in support of a shareholder proposal calling
for greater transparency at plane and train maker Bombardier Inc
, despite a rejection of the idea by the company's
management.
Read more
BRIEF-Lifepoint Health CEO's 2015 total compensation was $15.2 mln vs $12.3 mln in 2014 - SEC Filing
* Ceo william f. Carpenter iii 2015 total compensation was
$15.2 million versus $12.3 million in 2014 - sec filing
Source text (http://1.usa.gov/21eEHZO)
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$15.2 million versus $12.3 million in 2014 - sec filing
Source text (http://1.usa.gov/21eEHZO)
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Gundlach says reasonable move to start moving into Treasuries
NEW YORK, April 26 (Reuters) - Jeffrey Gundlach, the widely
followed investor who runs DoubleLine Capital, said on Tuesday
that investors looking to purchase Treasuries in the wake of the
bond market's sell-off is making a prudent move.
Read more
followed investor who runs DoubleLine Capital, said on Tuesday
that investors looking to purchase Treasuries in the wake of the
bond market's sell-off is making a prudent move.
Read more
Brazil regulator rejects deal with former Embraer defense chief
SAO PAULO, April 26 (Reuters) - Brazil's securities
regulator CVM rejected a settlement with the former head of
defense for planemaker Embraer SA, citing the
severity of corruption allegations related to a $92 million deal
with the Dominican Republic.
Read more
regulator CVM rejected a settlement with the former head of
defense for planemaker Embraer SA, citing the
severity of corruption allegations related to a $92 million deal
with the Dominican Republic.
Read more
UPDATE 1-New York Times to shut some Paris operations, cut jobs
April 26 (Reuters) - The New York Times Co said on
Tuesday it would close its editing and pre-press print
production operations in Paris, resulting in the elimination or
relocation of up to 70 jobs as it moves to cut costs at its
international newspaper.
Read more
Tuesday it would close its editing and pre-press print
production operations in Paris, resulting in the elimination or
relocation of up to 70 jobs as it moves to cut costs at its
international newspaper.
Read more
BRIEF-SunTrust Banks sets regular quarterly cash dividend of $0.24/share
* Sets regular quarterly cash dividend of $0.24 per share
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U.S. House Democrats question if Valeant is wrongfully withholding records
WASHINGTON, April 26 (Reuters) - Democrats on a powerful
U.S. congressional panel are questioning whether Canada-based
Valeant Pharmaceuticals may be wrongfully withholding
documents in connection with its ongoing probe into
sky-rocketing drug prices, according to an internal memo seen by
Reuters on Tuesday.
Read more
U.S. congressional panel are questioning whether Canada-based
Valeant Pharmaceuticals may be wrongfully withholding
documents in connection with its ongoing probe into
sky-rocketing drug prices, according to an internal memo seen by
Reuters on Tuesday.
Read more
VW takes global sales lead from shutdown-hit Toyota
BERLIN, April 26 (Reuters) - Volkswagen eclipsed
Toyota as the world's top-selling carmaker in the first
quarter as the Japanese rival grappled with a series of
production stoppages.
Read more
Toyota as the world's top-selling carmaker in the first
quarter as the Japanese rival grappled with a series of
production stoppages.
Read more
WRAPUP 2-Weak U.S. factory, consumer confidence data cloud growth outlook
WASHINGTON, April 26 (Reuters) - Orders for long-lasting
U.S. manufactured goods rebounded far less than expected in
March as demand for automobiles, computers and electrical goods
slumped, suggesting the downturn in the factory sector was far
from over.
Read more
U.S. manufactured goods rebounded far less than expected in
March as demand for automobiles, computers and electrical goods
slumped, suggesting the downturn in the factory sector was far
from over.
Read more
UPDATE 1-Former Epix executive arrested for $8 million fraud at network
NEW YORK, April 26 (Reuters) - The former chief digital
officer of the Epix cable television network was arrested on
Tuesday on charges that he defrauded it of more than $8 million.
Read more
officer of the Epix cable television network was arrested on
Tuesday on charges that he defrauded it of more than $8 million.
Read more
BRIEF-New York Times says to eliminate about 70 positions
* On April 26, 2016, informed employees of proposed measures
intended to streamline its international operations
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intended to streamline its international operations
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UPDATE 3-Whirlpool 2016 earnings outlook unchanged, Q1 earnings lower than expected
April 26 (Reuters) - Whirlpool Corp shares fell in
early trading on Tuesday after the company posted a
lower-than-expected first-quarter net profit but kept its
previous 2016 earnings per share outlook.
Read more
early trading on Tuesday after the company posted a
lower-than-expected first-quarter net profit but kept its
previous 2016 earnings per share outlook.
Read more
BRIEF-Alliance Holdings gp quarterly share $0.52
* Alliance Holdings Gp, L.P. Reports quarterly financial
results; declares quarterly distribution of $0.55 per unit
Read more
results; declares quarterly distribution of $0.55 per unit
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BRIEF-T-Mobile says 'binge on' video service a key reason for customers shifting to T-Mobile
* Mobile us inc says 'binge on' video service one of key
reasons for customers shifting to t-mobile - Earnings conf call
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reasons for customers shifting to t-mobile - Earnings conf call
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Google, Ford, Uber form coalition on self-driving cars
April 26 (Reuters) - Alphabet Inc's Google unit,
Ford Motor Co, Volvo Cars and two ride-sharing companies
said Tuesday they are forming a coalition to urge federal action
on self-driving cars.
Read more
Ford Motor Co, Volvo Cars and two ride-sharing companies
said Tuesday they are forming a coalition to urge federal action
on self-driving cars.
Read more
Thyssenkrupp launches MAX elevator service in Germany
HANOVER, Germany, April 26 (Reuters) - German industrial
group Thyssenkrupp plans to connect 180,000 elevators
to its MAX predictive maintenance service by the end of 2017, it
said as it launched the service in Germany, where it targets
15,000 in the same period.
Read more
group Thyssenkrupp plans to connect 180,000 elevators
to its MAX predictive maintenance service by the end of 2017, it
said as it launched the service in Germany, where it targets
15,000 in the same period.
Read more
BRIEF-AstraZeneca, Ironwood agree U.S. licensing agreement
* Agreement includes U.S. rights to zurampic and
lesinurad/allopurinol fixed-dose combination in gout
Read more
lesinurad/allopurinol fixed-dose combination in gout
Read more
European Factors to Watch-Shares seen higher, focus on earnings
LONDON, April 26 (Reuters) - European shares were expected
to climb higher on Tuesday after falling for three sessions in a
row, with some better-than-expected company results seen
supporting the market.
Read more
to climb higher on Tuesday after falling for three sessions in a
row, with some better-than-expected company results seen
supporting the market.
Read more
BRIEF-China M&A regulator approves Internet firm Qihoo 360 privatisation plan
* China's mergers and acquisitions regulator approved Qihoo
360 privatisation plan on April 19
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360 privatisation plan on April 19
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Monday, April 25, 2016
UPDATE 3-Airbus A320neo hit by hydraulic system problems
PARIS, April 25 (Reuters) - Airbus is facing a new
batch of technical problems with some of its new A320neo
medium-haul jets on top of previously reported engine glitches
that caused delivery delays, industry sources said on Monday.
Read more
batch of technical problems with some of its new A320neo
medium-haul jets on top of previously reported engine glitches
that caused delivery delays, industry sources said on Monday.
Read more
Air Liquide says may complete Airgas deal faster than planned
PARIS, April 26 (Reuters) - French industrial gases company
Air Liquide said on Tuesday that it might complete the
acquisition of U.S. peer Airgas Inc faster than expected
and narrowed the size of a planned capital increase to refinance
the deal.
Read more
Air Liquide said on Tuesday that it might complete the
acquisition of U.S. peer Airgas Inc faster than expected
and narrowed the size of a planned capital increase to refinance
the deal.
Read more
COLUMN-Mitsubishi, measurement and Goodhart's law: James Saft
April 26 (Reuters) - The Mitsubishi Motors mileage scandal
illustrates a key weakness at the heart of most investment
processes: management by measurement and target setting often
leads to chicanery.
Read more
illustrates a key weakness at the heart of most investment
processes: management by measurement and target setting often
leads to chicanery.
Read more
Alibaba affiliate Ant Financial closes $4.5 bln funding round
BEIJING, April 26 (Reuters) - Chinese e-commerce giant
Alibaba Group Holding Ltd's affiliate Ant Financial
Services Group said on Tuesday it has closed a $4.5 billion
funding round.
Read more
Alibaba Group Holding Ltd's affiliate Ant Financial
Services Group said on Tuesday it has closed a $4.5 billion
funding round.
Read more
GLOBAL MARKETS-Asian stocks retreat ahead of Fed, BOJ meetings
TOKYO/SINGAPORE, April 26 (Reuters) - Asian stocks retreated
on Tuesday as investors braced for central bank policy meetings
in the United States and Japan this week.
Read more
on Tuesday as investors braced for central bank policy meetings
in the United States and Japan this week.
Read more
U.S. Ospreys win Japanese hearts and minds with quake relief flights
IWAKUNI, Japan, April 26 (Reuters) - The U.S. military's
MV-22 Osprey aircraft has been a lightning rod for opposition to
U.S. bases in Japan since 24 of them were deployed on the
southern island of Okinawa in 2014.
Read more
MV-22 Osprey aircraft has been a lightning rod for opposition to
U.S. bases in Japan since 24 of them were deployed on the
southern island of Okinawa in 2014.
Read more
Japan transport minister: Mitsubishi Motors expected to submit data Tuesday
TOKYO, April 26 (Reuters) - Japan's transport minister said
he expects Mitsubishi Motors Corp to submit information
related to its falsification of fuel economy data on Tuesday,
within the deadline set by the ministry.
Read more
he expects Mitsubishi Motors Corp to submit information
related to its falsification of fuel economy data on Tuesday,
within the deadline set by the ministry.
Read more
BRIEF-Astrazeneca says U.S. FDA approved BEVESPI aerosphere inhalation aerosol indicated for treatment of patients with chronic obstructive pulmonary disease
* US FDA approved BEVESPI aerosphere inhalation aerosol
indicated for treatment of patients with chronic obstructive
pulmonary disease
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indicated for treatment of patients with chronic obstructive
pulmonary disease
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PRESS DIGEST- Financial Times - April 26
April 26 (Reuters) - The following are the top stories in
the Financial Times. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
the Financial Times. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
UPDATE 4-Gannett bids on Tribune Publishing, wants an answer
April 25 (Reuters) - Tribune Publishing Co is
reviewing an unsolicited and possibly unwelcome $815 million
takeover bid from Gannett Co Inc, a move by Gannett to
gain scale as the newspaper industry continues to consolidate.
Read more
reviewing an unsolicited and possibly unwelcome $815 million
takeover bid from Gannett Co Inc, a move by Gannett to
gain scale as the newspaper industry continues to consolidate.
Read more
Canadian regulator okays Enbridge Line 3, imposes 89 conditions
CALGARY, Alberta, April 25 (Reuters) - Canadian regulators
recommended the federal government approve Enbridge Inc's
Line 3 pipeline replacement project on Monday, but
imposed 89 project-specific conditions designed to enhance
safety and environmental protection.
Read more
recommended the federal government approve Enbridge Inc's
Line 3 pipeline replacement project on Monday, but
imposed 89 project-specific conditions designed to enhance
safety and environmental protection.
Read more
US STOCKS SNAPSHOT-Wall St slightly lower on energy drag, earnings
NEW YORK, April 25 (Reuters) - Energy shares dragged Wall
Street slightly lower on Monday, coinciding with a decline in
oil prices, while earnings and guidance from companies including
Perrigo and Xerox also weighed on U.S. stocks.
Read more
Street slightly lower on Monday, coinciding with a decline in
oil prices, while earnings and guidance from companies including
Perrigo and Xerox also weighed on U.S. stocks.
Read more
U.S. CEO pay set to rise despite volatile 2015 markets -Equilar
BOSTON, April 25 (Reuters) - Total compensation for the
chief executives of large U.S. companies is set to rise for 2015
despite volatile markets and lower revenue at many, such as in
the energy sector, according to a study released on Monday.
Read more
chief executives of large U.S. companies is set to rise for 2015
despite volatile markets and lower revenue at many, such as in
the energy sector, according to a study released on Monday.
Read more
Fujimori's brother says he will seek Peru presidency if she loses
LIMA, April 25 (Reuters) - Kenji Fujimori, the youngest son
of imprisoned ex-president Alberto Fujimori, said on Monday that
he will run for president in 2021 if his sister Keiko Fujimori
does not win a tight run-off election on June 5.
Read more
of imprisoned ex-president Alberto Fujimori, said on Monday that
he will run for president in 2021 if his sister Keiko Fujimori
does not win a tight run-off election on June 5.
Read more
BRIEF-Facebook in early stages of developing standalone camera app similar to Snapchat - CNBC citing DJ
* Facebook in early stages of developing standalone camera
app similar to Snapchat; possible that the app never comes
fruition - CNBC citing DJ
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app similar to Snapchat; possible that the app never comes
fruition - CNBC citing DJ
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Saudi airline Flyadeal to have 25-50 aircraft by 2020 -executive
DUBAI, April 25 (Reuters) - Saudi Arabian budget carrier
Flyadeal, launched last week, aims to have up to 50 planes
flying by 2020, a senior executive said on Monday.
Read more
Flyadeal, launched last week, aims to have up to 50 planes
flying by 2020, a senior executive said on Monday.
Read more
UPDATE 3-Valeant names Papa CEO after he resigns from Perrigo
April 25 (Reuters) - Valeant Pharmaceuticals International
Inc named former Perrigo Co Plc head Joseph
Papa as its chief executive officer on Monday to work on
righting the troubled drugmaker.
Read more
Inc named former Perrigo Co Plc head Joseph
Papa as its chief executive officer on Monday to work on
righting the troubled drugmaker.
Read more
UPDATE2-Bangladesh Bank hackers compromised SWIFT software, warning issued
April 25 (Reuters) - The attackers who stole $81 million
from the Bangladesh central
bank probably hacked into software from the SWIFT financial
platform that is at the heart of the global financial system,
said security researchers at British defense contractor BAE
Systems.
Read more
from the Bangladesh central
bank probably hacked into software from the SWIFT financial
platform that is at the heart of the global financial system,
said security researchers at British defense contractor BAE
Systems.
Read more
BRIEF-Green Hygienics to acquire vertical farming technology intellectual property
* Green hygienics signs loi to acquire vertical farming
technology intellectual property
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technology intellectual property
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UPDATE 1-Qatar Airways talks to Boeing after more Airbus A320 problems
DUBAI, April 25 (Reuters) - Qatar Airways is speaking to
Boeing to secure substitute aircraft after further
problems were discovered with the Airbus A320neo, the
airline's chief executive said on Monday.
Read more
Boeing to secure substitute aircraft after further
problems were discovered with the Airbus A320neo, the
airline's chief executive said on Monday.
Read more
UPDATE 1-China expected to see $538 bln capital exodus in 2016, IIF says
LONDON, April 25 (Reuters) - Global investors are expected
to pull $538 billion out of China's slowing economy in 2016, the
Institute of International Finance estimated on Monday, although
the pace of outflows has dropped.
Read more
to pull $538 billion out of China's slowing economy in 2016, the
Institute of International Finance estimated on Monday, although
the pace of outflows has dropped.
Read more
Airbus A320neo has hydraulic noise, temp problems -sources
PARIS, April 25 (Reuters) - Airbus is facing a
second category of technical problems with some of its family of
A320neo aircraft on top of previously reported engine glitches
that have delayed deliveries of its latest medium-haul jet,
industry sources said on Monday.
Read more
second category of technical problems with some of its family of
A320neo aircraft on top of previously reported engine glitches
that have delayed deliveries of its latest medium-haul jet,
industry sources said on Monday.
Read more
Brazil's Usiminas says rival CSN to nominate two board members
BRASILIA, April 25 (Reuters) - Brazilian steelmaker Usiminas
said on Monday that Brazil's anti-trust body Cade
ruled to allow steel rival CSN to nominate two board
members to the its board of directors.
Read more
said on Monday that Brazil's anti-trust body Cade
ruled to allow steel rival CSN to nominate two board
members to the its board of directors.
Read more
REFILE-UPDATE 2-Xerox's revenue falls on lower printer sales
April 25 (Reuters) - Xerox Corp reported a 4.2
percent fall in quarterly revenue, hurt by a strong dollar and
lower sales of printers and copiers.
Read more
percent fall in quarterly revenue, hurt by a strong dollar and
lower sales of printers and copiers.
Read more
Printer maker Xerox's revenue falls 4.2 pct
April 25 (Reuters) - Printer and copier maker Xerox Corp
reported a 4.2 percent fall in its quarterly revenue,
hurt by a strong dollar.
Read more
reported a 4.2 percent fall in its quarterly revenue,
hurt by a strong dollar.
Read more
MOVES-Reinsurer Guy Carpenter names Peter Stubbings CEO of Bermuda office
April 25 (Reuters) - Guy Carpenter & Co Llc, a reinsurance
subsidiary of Marsh & McLennan Cos Inc, said it promoted
Peter Stubbings to chief executive of its Bermuda operations,
effective immediately.
Read more
subsidiary of Marsh & McLennan Cos Inc, said it promoted
Peter Stubbings to chief executive of its Bermuda operations,
effective immediately.
Read more
RPT-Once a symbol of decline, Pennsylvania tests limits of Trump's appeal
BETHLEHEM, Pa., April 24 (Reuters) - With a rusting steel
mill in its center, this Pennsylvania city would seem fertile
ground for Donald Trump's campaign and its vision of a declining
America that only he can fix.
Read more
mill in its center, this Pennsylvania city would seem fertile
ground for Donald Trump's campaign and its vision of a declining
America that only he can fix.
Read more
GLOBAL MARKETS-Stocks, dollar stumble ahead of Fed, BOJ meetings
LONDON, April 25 (Reuters) - World stocks, the dollar and
oil all saw modest falls on Monday as investors locked in some
recent gains ahead of central bank meetings in the United States
and Japan this week.
Read more
oil all saw modest falls on Monday as investors locked in some
recent gains ahead of central bank meetings in the United States
and Japan this week.
Read more
UPDATE 2-Ball, Rexam to sell some can plants to get antitrust nod for merger
April 25 (Reuters) - Beverage can makers Ball Corp
and Rexam Plc will sell some of their assets to European
packaging maker Ardagh Group in a deal worth $3.42
billion, as they seek antitrust clearance for their planned
merger.
Read more
and Rexam Plc will sell some of their assets to European
packaging maker Ardagh Group in a deal worth $3.42
billion, as they seek antitrust clearance for their planned
merger.
Read more
BRIEF-Microsoft and Jabil collaborate to create quality assurance platform for predictive analytics
Microsoft and Jabil collaborate to create quality
assurance platform for predictive analytics
Read more
assurance platform for predictive analytics
Read more
UPDATE 1-UK Stocks-Factors to watch on April 25
April 25 (Reuters) - Britain's FTSE futures were up 0.06 percent by
0616 GMT on Monday, ahead of the cash market open. For more on the factors
affecting European stocks, please click on
Read more
0616 GMT on Monday, ahead of the cash market open. For more on the factors
affecting European stocks, please click on
Read more
Sunday, April 24, 2016
Alberta premier says Canada PM "aligned" with province on pipelines
KANANASKIS, Alberta, April 24 (Reuters) - Canadian Prime
Minister Justin Trudeau and his cabinet are broadly "aligned"
with Alberta and the need to develop pipelines to get the
region's oil to market, the leader of the province said on
Sunday.
Read more
Minister Justin Trudeau and his cabinet are broadly "aligned"
with Alberta and the need to develop pipelines to get the
region's oil to market, the leader of the province said on
Sunday.
Read more
Ball Corp, Rexam to sell some assets to Ardagh for $3.42 bln
April 25 (Reuters) - Drinks can maker Ball Corp said
it along with British rival Rexam Plc agreed to sell
some assets to Luxembourg-based Ardagh Group for
about $3.42 billion to meet antitrust regulations ahead of their
planned merger.
Read more
it along with British rival Rexam Plc agreed to sell
some assets to Luxembourg-based Ardagh Group for
about $3.42 billion to meet antitrust regulations ahead of their
planned merger.
Read more
UPDATE 1-Nevsun Resources to buy Reservoir Minerals for $365 mln
April 24 (Reuters) - Canadian miner Nevsun Resources Ltd
said it has agreed to buy Reservoir Minerals Inc
for about $365 million in cash and stock.
Read more
said it has agreed to buy Reservoir Minerals Inc
for about $365 million in cash and stock.
Read more
PRESS DIGEST- New York Times business news - April 25
April 25 (Reuters) - The following are the top stories on
the New York Times business pages. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
the New York Times business pages. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
BRIEF-Nevsun Resources and Reservoir Minerals merge
* Nevsun Resources and Reservoir Minerals combine and
consolidate Timok copper project ownership
Read more
consolidate Timok copper project ownership
Read more
Nikkei slips as investors take profits ahead of Fed, BOJ meetings
TOKYO, April 25 (Reuters) - Japanese stocks fell on Monday
morning as investors cashed in profits from a four-day rally
that last week lifted the benchmark Nikkei index to an 11-1/2
week high amid rising expectations of further central bank
easing.
Read more
morning as investors cashed in profits from a four-day rally
that last week lifted the benchmark Nikkei index to an 11-1/2
week high amid rising expectations of further central bank
easing.
Read more
GLOBAL MARKETS-Asia stocks, dollar edge lower as markets await Fed, BOJ meetings
TOKYO, April 25 (Reuters) - Asian shares and the dollar
edged lower on Monday as investors awaited central bank meetings
in the United States and Japan this week that are expected to
hold clues to future policy moves.
Read more
edged lower on Monday as investors awaited central bank meetings
in the United States and Japan this week that are expected to
hold clues to future policy moves.
Read more
PRESS DIGEST- British Business - April 25
April 25 (Reuters) - The following are the top stories on
the business pages of British newspapers. Reuters has not
verified these stories and does not vouch for their accuracy.
Read more
the business pages of British newspapers. Reuters has not
verified these stories and does not vouch for their accuracy.
Read more
PRESS DIGEST- Financial Times - April 25
April 25 (Reuters) - The following are the top stories in
the Financial Times. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
the Financial Times. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Bombardier says Iranian sales talks progress, denies new airline
Montreal, April 24 (Reuters) - Reports that Bombardier Inc
is involved in launching an airline in Iran are
inaccurate, the Canadian planemaker said on Sunday, although it
confirmed it was in talks for sales as its executive chairman
visited the country to drum up business.
Read more
is involved in launching an airline in Iran are
inaccurate, the Canadian planemaker said on Sunday, although it
confirmed it was in talks for sales as its executive chairman
visited the country to drum up business.
Read more
UPDATE 1-Iraq signs strategic agreement with GE to boost power grid
BAGHDAD, April 24 (Reuters) - Iraq's Oil Ministry said on
Sunday it had signed a long-term "strategic framework agreement"
with General Electric which comprised several projects to
boost national power resources.
Read more
Sunday it had signed a long-term "strategic framework agreement"
with General Electric which comprised several projects to
boost national power resources.
Read more
Once a symbol of decline, Pennsylvania tests limits of Trump's appeal
BETHLEHEM, Pa., April 24 (Reuters) - With a rusting steel
mill in its center, this Pennsylvania city would seem fertile
ground for Donald Trump's campaign and its vision of a declining
America that only he can fix.
Read more
mill in its center, this Pennsylvania city would seem fertile
ground for Donald Trump's campaign and its vision of a declining
America that only he can fix.
Read more
Iraq signs strategic agreement with GE to boost power grid
BAGHDAD, April 24 (Reuters) - Iraq's Oil Ministry said on
Sunday it had signed a long-term "strategic framework agreement"
with General Electric which comprised several projects to
boost national power resources.
Read more
Sunday it had signed a long-term "strategic framework agreement"
with General Electric which comprised several projects to
boost national power resources.
Read more
Bank Leumi swaps Israel Corp stake for ICL shares
TEL AVIV, April 24 (Reuters) - Leumi, Israel's
second-largest bank, said on Sunday it had swapped its remaining
5.86 percent stake in holding company Israel Corp for
a 1.4 percent holding in Israel Chemicals (ICL).
Read more
second-largest bank, said on Sunday it had swapped its remaining
5.86 percent stake in holding company Israel Corp for
a 1.4 percent holding in Israel Chemicals (ICL).
Read more
Canada minister urges new media laws to boost local content -paper
TORONTO, April 23 (Reuters) - Canada's Liberal government is
prepared to overhaul the country's laws governing broadcasting,
media and cultural industries to support local content, Heritage
Minister Melanie Joly told the Globe and Mail in a report on
Saturday, announcing a new policy direction in what she called a
broken system.
Read more
prepared to overhaul the country's laws governing broadcasting,
media and cultural industries to support local content, Heritage
Minister Melanie Joly told the Globe and Mail in a report on
Saturday, announcing a new policy direction in what she called a
broken system.
Read more
Saturday, April 23, 2016
Fireworks stolen from CSX freight train recovered in Detroit
April 23 (Reuters) - Federal agents have found more than 30
cases of commercial-grade aerial fireworks in Detroit after the
explosives were reported stolen from a CSX freight train earlier
this week, officials said on Saturday.
Read more
cases of commercial-grade aerial fireworks in Detroit after the
explosives were reported stolen from a CSX freight train earlier
this week, officials said on Saturday.
Read more
Ford not interested in tie-up with Fiat Chrysler -CEO Fields
BEIJING, April 23 (Reuters) - Ford Motor Co is not
interested in a tie-up with Fiat Chrysler Automobiles NV
, Chief Executive Mark Fields said on Saturday, when
asked about FCA head Sergio Marchionne's remark that Ford could
be a potential merger candidate.
Read more
interested in a tie-up with Fiat Chrysler Automobiles NV
, Chief Executive Mark Fields said on Saturday, when
asked about FCA head Sergio Marchionne's remark that Ford could
be a potential merger candidate.
Read more
Pemex raises death toll at petrochemical plant explosion to 28
COATZACOALCOS, Mexico, April 22 (Reuters) - Mexican state
oil giant Pemex said on Friday that the death toll from a
petrochemical plant blast in the southeastern oil hub of
Coatzacoalcos had risen to 28, in the latest fatal accident to
befall the beleaguered company.
Read more
oil giant Pemex said on Friday that the death toll from a
petrochemical plant blast in the southeastern oil hub of
Coatzacoalcos had risen to 28, in the latest fatal accident to
befall the beleaguered company.
Read more
Friday, April 22, 2016
UPDATE 2-U.S. drops N.Y. fight with Apple after gaining access to iPhone
NEW YORK, April 22 (Reuters) - The U.S. Justice Department
on Friday dropped its effort to force Apple Inc to help
unlock an iPhone in a drug case in New York after someone
provided authorities the passcode to access the device.
Read more
on Friday dropped its effort to force Apple Inc to help
unlock an iPhone in a drug case in New York after someone
provided authorities the passcode to access the device.
Read more
Look Mao, no hands! China's roadmap to self-driving cars
BEIJING, April 23 (Reuters) - In the race to develop
self-driving cars, the United States and Europe lead in
technology, but China is coming up fast in the outside lane with
a regulatory structure that could put it ahead in the popular
adoption of autonomous cars on its highways and city streets.
Read more
self-driving cars, the United States and Europe lead in
technology, but China is coming up fast in the outside lane with
a regulatory structure that could put it ahead in the popular
adoption of autonomous cars on its highways and city streets.
Read more
BRIEF-China keli announces establishment of a special committee
* Established special committee to consider non-binding
offer and conduct further negotiations with 1062560 b.c. Ltd
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offer and conduct further negotiations with 1062560 b.c. Ltd
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U.S. drops N.Y. fight with Apple after gaining access to iPhone
NEW YORK, April 22 (Reuters) - The U.S. Justice Department
on Friday dropped its effort to force Apple Inc to help
unlock an iPhone in a drug case in New York after someone
provided authorities the passcode to access the device.
Read more
on Friday dropped its effort to force Apple Inc to help
unlock an iPhone in a drug case in New York after someone
provided authorities the passcode to access the device.
Read more
UPDATE 1-U.S. oil baron Harold Hamm endorses Trump for president
HOUSTON, April 22 (Reuters) - Harold Hamm, chief executive
of shale oil producer Continental Resources Inc and Mitt
Romney's 2012 energy adviser, endorsed U.S. presidential
candidate Donald Trump on Friday, saying he has the "fortitude
to make tough decisions."
Read more
of shale oil producer Continental Resources Inc and Mitt
Romney's 2012 energy adviser, endorsed U.S. presidential
candidate Donald Trump on Friday, saying he has the "fortitude
to make tough decisions."
Read more
BRIEF-Northern Oil and Gas says CEO Michael Reger's total compensation for 2015 is $9.5 mln vs $3.8 mln in 2014
* Northern Oil and Gas Inc says CEO Michael Reger's total
compensation for 2015 is $9.5 million versus $3.8 million in
2014 - SEC filing
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compensation for 2015 is $9.5 million versus $3.8 million in
2014 - SEC filing
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UPDATE 2-Halliburton says it cut 6,000 jobs in Q1, delays earnings call
* Expects Q2 will mark "landing point" for U.S. rig count
(Adds details on results, background)
Read more
(Adds details on results, background)
Read more
UPDATE 2-TransCanada agrees to Quebec environmental review for pipeline
CALGARY, Alberta, April 22 (Reuters) - TransCanada Corp
agreed to submit to a Quebec environmental review of
its Energy East pipeline on Friday, avoiding a potential legal
battle with the province by putting the controversial project
through an extra round of scrutiny.
Read more
agreed to submit to a Quebec environmental review of
its Energy East pipeline on Friday, avoiding a potential legal
battle with the province by putting the controversial project
through an extra round of scrutiny.
Read more
ValueAct taps renowned lawyer Boies for US antitrust lawsuit
NEW YORK, April 22 (Reuters) - ValueAct Capital, the $16
billion hedge fund, has hired renowned attorney David Boies,
according to a court filing on Friday, in a sign of the activist
investor's seriousness in contesting a U.S. government lawsuit.
Read more
billion hedge fund, has hired renowned attorney David Boies,
according to a court filing on Friday, in a sign of the activist
investor's seriousness in contesting a U.S. government lawsuit.
Read more
US STOCKS SNAPSHOT-Wall St ends flat as tech shares weigh
NEW YORK, April 22 (Reuters) - Wall Street ended near flat
on Friday after disappointing quarterly reports from Microsoft
and Alphabet slammed tech stocks and offset a surge in oil
prices that lifted energy shares.
Read more
on Friday after disappointing quarterly reports from Microsoft
and Alphabet slammed tech stocks and offset a surge in oil
prices that lifted energy shares.
Read more
BRIEF-Carmax Mining's Eaglehead Property reinstated
* Received decision of Chief Gold Commissioner for British
Columbia exercising discretion to reinstate mineral claim number
1034634
Read more
Columbia exercising discretion to reinstate mineral claim number
1034634
Read more
U.S. probes toy jewelry kits linked to high lead levels
April 22 (Reuters) - The top U.S. consumer product safety
regulator is reviewing whether to recall widely sold toy
jewelry-making kits after a New York state probe determined that
the products contain dangerously high levels of lead.
Read more
regulator is reviewing whether to recall widely sold toy
jewelry-making kits after a New York state probe determined that
the products contain dangerously high levels of lead.
Read more
BRIEF-Hornbeck Offshore Services' CEO Todd Hornbeck's 2015 compensation was $4.6 mln - SEC filing
* CEO Todd M. Hornbeck's 2015 total compensation was $4.6
million versus $5.9 million in 2014 - SEC filing
Source text - http://1.usa.gov/1YLyym9
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million versus $5.9 million in 2014 - SEC filing
Source text - http://1.usa.gov/1YLyym9
Further company coverage:
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UPDATE 5-Caterpillar cuts 2016 profit outlook, sees China improvement
April 22 (Reuters) - Caterpillar Inc, the world's
largest maker of heavy machinery, on Friday lowered its 2016
sales and earnings outlook as steep declines in revenue from its
construction, oil and gas and rail business segments hurt
quarterly profit.
Read more
largest maker of heavy machinery, on Friday lowered its 2016
sales and earnings outlook as steep declines in revenue from its
construction, oil and gas and rail business segments hurt
quarterly profit.
Read more
U.S. announces $50 mln Tennessee Superfund site cleanup agreement
WASHINGTON, April 22 (Reuters) - OXY USA Inc, a subsidiary
of Occidental Petroleum Corp, has agreed to clean up
contaminated water and sediments at a Superfund site in eastern
Tennessee at a cost of more than $50 million, the U.S.
Department of Justice and the Environmental Protection Agency
said on Friday.
Read more
of Occidental Petroleum Corp, has agreed to clean up
contaminated water and sediments at a Superfund site in eastern
Tennessee at a cost of more than $50 million, the U.S.
Department of Justice and the Environmental Protection Agency
said on Friday.
Read more
BRIEF-Nippon Express likely saw group net profit jump 33% in 2015 - Nikkei
* Nippon Express Sales Apparently Dipped 1% To About 1.91
Trillion Yen, Missing The Forecast Of 4% Growth To 2 Trillion
Yen In Fiscal 2015 - Nikkei
Read more
Trillion Yen, Missing The Forecast Of 4% Growth To 2 Trillion
Yen In Fiscal 2015 - Nikkei
Read more
UPDATE 1-Odebrecht selling 55 pct stake in $5 bln natgas Peru pipeline
LIMA, April 22 (Reuters) - Odebrecht SA, the
engineering company at the center of a massive graft probe in
Brazil, is selling its 55 percent stake in a $5 billion natural
gas pipeline project in Peru, the pipeline manager told Reuters
on Friday.
Read more
engineering company at the center of a massive graft probe in
Brazil, is selling its 55 percent stake in a $5 billion natural
gas pipeline project in Peru, the pipeline manager told Reuters
on Friday.
Read more
U.S. conservative group boycotts Target over transgender policy
CHICAGO, April 22 (Reuters) - The conservative American
Family Association is urging its members to boycott Target Corp
for the retailer's decision to allow transgender
employees and customers to use bathrooms that correspond with
their gender identity.
Read more
Family Association is urging its members to boycott Target Corp
for the retailer's decision to allow transgender
employees and customers to use bathrooms that correspond with
their gender identity.
Read more
UPDATE 1-Canada's Caisse to invest C$3 bln in Montreal rail network
TORONTO/MONTREAL, April 22 (Reuters) - Canadian pension fund
Caisse de depot et placement du Quebec said on Friday that it
would invest C$3 billion ($2.36 billion) in a new public
transport network in Montreal, the third largest of its kind in
the world.
Read more
Caisse de depot et placement du Quebec said on Friday that it
would invest C$3 billion ($2.36 billion) in a new public
transport network in Montreal, the third largest of its kind in
the world.
Read more
GLOBAL MARKETS-Yen falls on rate cut talk; earnings hit U.S. stocks
* Disappointing earnings weigh on U.S. stocks
(Updates with U.S. market opening, changes dateline, previous
LONDON)
Read more
(Updates with U.S. market opening, changes dateline, previous
LONDON)
Read more
W. Virginia regulator says Alpha Natural asset sale may jeopardize cleanup
CHICAGO, April 22 (Reuters) - West Virginia's environmental
authority opposes a plan by bankrupt coal miner Alpha Natural
Resources to sell core assets to its hedge fund
lenders, saying in a court filing that it could undermine a $1
billion cleanup.
Read more
authority opposes a plan by bankrupt coal miner Alpha Natural
Resources to sell core assets to its hedge fund
lenders, saying in a court filing that it could undermine a $1
billion cleanup.
Read more
BRIEF-Honeywell says higher sales of lower margin products hurt Q1 margins - Conf Call
* Says on conf call segment margin was lower than guidance,
due to higher than-expected sales of lower margin products
Read more
due to higher than-expected sales of lower margin products
Read more
Dell's cyber security arm SecureWorks down 4.3 pct in debut
April 22 (Reuters) - Shares of Dell Inc's cyber security
unit SecureWorks Corp fell as much as 4.3 percent in
their debut on Friday, valuing the company at a little over $1
billion.
Read more
unit SecureWorks Corp fell as much as 4.3 percent in
their debut on Friday, valuing the company at a little over $1
billion.
Read more
UPDATE 1-VW posts 2015 operating loss on 16.2 bln euro Dieselgate charge
* VW to pay 0.17 euros dividend per preferred share
(Adds adjusted operating profit figure, dividend)
Read more
(Adds adjusted operating profit figure, dividend)
Read more
BRIEF-Saputo says to appoint Kai bockmann COO
* Saputo inc says dino dello sbarba, company's president
and chief operating officer, has advised he will retire
effective april 1, 2017
Read more
and chief operating officer, has advised he will retire
effective april 1, 2017
Read more
McDonald's U.S. comparable sales growth beats estimates
April 22 (Reuters) - McDonald's Corp reported a
higher-than-expected rise in comparable sales at its U.S.
restaurants as its all-day breakfast offerings brought in more
customers.
Read more
higher-than-expected rise in comparable sales at its U.S.
restaurants as its all-day breakfast offerings brought in more
customers.
Read more
UPDATE 2-GE profit tops estimates but organic revenue falls 1 percent
NEW YORK, April 22 (Reuters) - General Electric Co
reported a higher-than-expected first-quarter profit on Friday,
but a closely watched revenue measure declined, raising
questions about the company's full-year target.
Read more
reported a higher-than-expected first-quarter profit on Friday,
but a closely watched revenue measure declined, raising
questions about the company's full-year target.
Read more
PRESS DIGEST- Canada - April 22
April 22 (Reuters) - The following are the top stories from
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
UPDATE 1-Paramount offers EU concessions in Sky geoblocking case
BRUSSELS, April 22 (Reuters) - Paramount Pictures has
offered the EU antitrust regulator concessions in a landmark
case over geographical restrictions on movie licensing deals
between British broadcaster Sky UK and six U.S.
studios, the European Commission said on Friday.
Read more
offered the EU antitrust regulator concessions in a landmark
case over geographical restrictions on movie licensing deals
between British broadcaster Sky UK and six U.S.
studios, the European Commission said on Friday.
Read more
Chinese suitors vie for German appliance maker-sources
HONG KONG, April 22 (Reuters) - KKR has shortlisted
China's Joyoung and KingClean Electric
for the sale of German coffee machine maker WMF, which it owns,
people with direct knowledge of the matter told Reuters.
Read more
China's Joyoung and KingClean Electric
for the sale of German coffee machine maker WMF, which it owns,
people with direct knowledge of the matter told Reuters.
Read more
Carlos Slim target FCC buys back debt at discount -source
MADRID, April 22 (Reuters) - Spanish construction group FCC
has reached a deal with creditor banks to buy back
close to 400 million euros ($451 million) of debt at a discount,
a source familiar with the matter said on Friday.
Read more
has reached a deal with creditor banks to buy back
close to 400 million euros ($451 million) of debt at a discount,
a source familiar with the matter said on Friday.
Read more
Australia watchdog looks to end ExxonMobil, BHP joint gas sales
MELBOURNE, April 22 (Reuters) - Australia's competition
watchdog wants to break up a marketing joint venture between
ExxonMobil Corp and BHP Billiton to help
boost competition in the eastern Australian gas market, it said
on Friday.
Read more
watchdog wants to break up a marketing joint venture between
ExxonMobil Corp and BHP Billiton to help
boost competition in the eastern Australian gas market, it said
on Friday.
Read more
Thursday, April 21, 2016
Nikkei climbs to 11-1/2 week high on weaker yen, possible BOJ policy moves
TOKYO, April 22 (Reuters) - Japan's benchmark Nikkei index
climbed to an 11-1/2 week high after the U.S. dollar rose above
110 yen for the first time since April 6, lifting a broad swath
of shares that benefit from a weaker yen.
Read more
climbed to an 11-1/2 week high after the U.S. dollar rose above
110 yen for the first time since April 6, lifting a broad swath
of shares that benefit from a weaker yen.
Read more
BRIEF-Collector becomes new supplier to Liseberg and Coop
* Collector becomes a new supplier to Liseberg and Coop - reinforcing its position within
e-commerce payment solutions
Read more
e-commerce payment solutions
Read more
Nikkei hits 11-1/2 wk high as yen skids on report BOJ considering policy moves
TOKYO, April 22 (Reuters) - Japan's benchmark Nikkei index
climbed to an 11-1/2 week high after Bloomberg reported the Bank
of Japan is considering applying negative rates to its lending
program for financial institutions, which helped push the yen to
its lowest point since April 6.
Read more
climbed to an 11-1/2 week high after Bloomberg reported the Bank
of Japan is considering applying negative rates to its lending
program for financial institutions, which helped push the yen to
its lowest point since April 6.
Read more
UK Stocks-Factors to watch on April 22
April 22 (Reuters) - Britain's FTSE 100 index is seen opening down
32 points, or 0.5 percent, on Friday, according to financial bookmakers. For
more on the factors affecting European stocks, please click on
Read more
32 points, or 0.5 percent, on Friday, according to financial bookmakers. For
more on the factors affecting European stocks, please click on
Read more
UPDATE 2-Social media explodes as Prince tributes mark death of music icon
April 21 (Reuters) - The sudden death of music legend Prince
sent shockwaves through social media on Thursday, as masses of
Twitter users flooded the site to express their heart-felt
emotions.
Read more
sent shockwaves through social media on Thursday, as masses of
Twitter users flooded the site to express their heart-felt
emotions.
Read more
BRIEF-Valeant seeks to name Perrigo's Joseph Papa to be new CEO- CNBC citing DJ
* Valeant Pharmaceuticals International seeks to name
Perrigo's Joseph Papa to be new CEO - CNBC citing DJ
Read more
Perrigo's Joseph Papa to be new CEO - CNBC citing DJ
Read more
Valeant wants Perrigo's Papa as its new CEO - CNBC, citing Dow Jones
April 21 (Reuters) - Valeant Pharmaceuticals International
Inc is seeking to name Perrigo Co Plc's Joseph
Papa as its new chief executive, CNBC tweeted, citing Dow Jones.
Read more
Inc is seeking to name Perrigo Co Plc's Joseph
Papa as its new chief executive, CNBC tweeted, citing Dow Jones.
Read more
CORRECTED-SecureWorks raises $112 million in year's first technology IPO
April 21 (Reuters) - Dell Inc's cyber security unit
SecureWorks Corp raised $112 million in the first U.S.
initial public offering of a technology company in 2016, less
than it had hoped for, amid investor skepticism over its profit
margins and prospects.
Read more
SecureWorks Corp raised $112 million in the first U.S.
initial public offering of a technology company in 2016, less
than it had hoped for, amid investor skepticism over its profit
margins and prospects.
Read more
CORRECTED-UPDATE 1-SecureWorks raises $112 million in year's first technology IPO
April 21 (Reuters) - Dell Inc's cyber security unit
SecureWorks Corp raised $112 million in the first U.S.
initial public offering of a technology company in 2016, less
than it had hoped for, amid investor skepticism over its profit
margins and prospects.
Read more
SecureWorks Corp raised $112 million in the first U.S.
initial public offering of a technology company in 2016, less
than it had hoped for, amid investor skepticism over its profit
margins and prospects.
Read more
BRIEF-Oak Valley Bancorp reports Q1 earnings per share $0.19
* Net interest income for three months ended March 31, 2016
was $7.5 million compared to $6.6 million
Source text for Eikon:
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was $7.5 million compared to $6.6 million
Source text for Eikon:
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UPDATE 1-Uber hit with record $11.4 mln fine in Pennsylvania
April 21 (Reuters) - Uber Technologies Inc was fined a
record $11.4 million on Thursday by a Pennsylvania regulator,
which found that the ride-sharing service operated illegally in
the state in 2014.
Read more
record $11.4 million on Thursday by a Pennsylvania regulator,
which found that the ride-sharing service operated illegally in
the state in 2014.
Read more
UPDATE 1-Union Pacific CEO: "more downward pressure" than upward on capex
CHICAGO, April 21 (Reuters) - No. 1 U.S. railroad Union
Pacific Corp said on Thursday that it was trimming its
planned capital expenditures for 2016 by 2 percent and could
further cut investments depending on demand in a weak freight
market across most of its segments.
Read more
Pacific Corp said on Thursday that it was trimming its
planned capital expenditures for 2016 by 2 percent and could
further cut investments depending on demand in a weak freight
market across most of its segments.
Read more
BRIEF-Cherokee Global Brands signs license agreement with Ahold
* Cherokee global brands announces license agreement with
Ahold for its Cherokee brand in the Czech Republic
Read more
Ahold for its Cherokee brand in the Czech Republic
Read more
BRIEF-GM CFO says expects U.S. auto industry growing at 3 pct - CNBC
* General Motors CFO Chuck Stevens on CNBC - Expects U.S.
auto industry growing at 3 percent level for rest of the year
Read more
auto industry growing at 3 percent level for rest of the year
Read more
BRIEF-Manitok Energy announces up to $10 mln brokered private placement equity financing
* Manitok energy inc. Announces up to a $10.0 million
brokered private placement equity financing
Read more
brokered private placement equity financing
Read more
BRIEF-Canacol Energy says realized contractual gas sales will average about 75 mmscfpd for 2016
* Estimates that realized contractual gas sales will average
approximately 75 mmscfpd (13,160 boepd) for calendar 2016
Source text for Eikon:
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)
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approximately 75 mmscfpd (13,160 boepd) for calendar 2016
Source text for Eikon:
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)
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UPDATE 1-Southwest Air tops profit estimates, sees unit revenue rise
April 21 (Reuters) - Southwest Airlines Co on
Thursday reported a quarterly profit above analysts' estimates
and said it expected unit revenue to rise "modestly" in the
second quarter.
Read more
Thursday reported a quarterly profit above analysts' estimates
and said it expected unit revenue to rise "modestly" in the
second quarter.
Read more
MOVES-Centrum Capital names Jaspal Bindra executive chairman
April 21 (Reuters) - Centrum Capital Ltd said it
appointed Standard Chartered Bank's former Asia-Pacific CEO,
Jaspal Bindra, as its executive chairman.
Read more
appointed Standard Chartered Bank's former Asia-Pacific CEO,
Jaspal Bindra, as its executive chairman.
Read more
BRIEF-Crestwood Equity Partners sees 2016 adjusted EBITDA of $435 mln to $465 mln
* Crestwood forms strategic joint venture with consolidated
edison, announces first quarter distribution and updates 2016
outlook
Read more
edison, announces first quarter distribution and updates 2016
outlook
Read more
UPDATE 1-UK Stocks-Factors to watch on April 21
April 21 (Reuters) - Britain's FTSE 100 index is seen opening up 15
points, or 0.2 percent, on Thursday, according to financial bookmakers, with
futures up 0.12 percent ahead of the cash market open. For more on the
factors affecting European stocks, please click on
Read more
points, or 0.2 percent, on Thursday, according to financial bookmakers, with
futures up 0.12 percent ahead of the cash market open. For more on the
factors affecting European stocks, please click on
Read more
VW climbs as European shares rise, but Ericsson slumps
LONDON, April 21 (Reuters) - European shares rose on
Thursday, with carmaker Volkswagen among top
performers, as expectations that the European Central Bank (ECB)
would reinforce its ultra-loose monetary policy stance propped
up stocks.
Read more
Thursday, with carmaker Volkswagen among top
performers, as expectations that the European Central Bank (ECB)
would reinforce its ultra-loose monetary policy stance propped
up stocks.
Read more
European Factors to Watch-Equity futures rise with ECB in focus
LONDON, April 21 (Reuters) - European equity futures rose on Thursday, with
many investors focusing on a European Central Bank (ECB) meeting later in the
day at which ECB President Mario Draghi is likely to drive home the case for
ultra-loose monetary policy.
Read more
many investors focusing on a European Central Bank (ECB) meeting later in the
day at which ECB President Mario Draghi is likely to drive home the case for
ultra-loose monetary policy.
Read more
Nikkei hits 2-1/2 month high on sliding yen, rising hopes of BOJ easing
TOKYO, April 21 (Reuters) - Japanese stocks rose to a 2-1/2
month high on Thursday after the yen resumed a weakening trend
against the U.S. dollar amid a bounce in oil prices and growing
expectations of further easing from the Bank of Japan.
Read more
month high on Thursday after the yen resumed a weakening trend
against the U.S. dollar amid a bounce in oil prices and growing
expectations of further easing from the Bank of Japan.
Read more
Wednesday, April 20, 2016
Alibaba's Ma pledges not to interfere in SCMP editorial independence
SHANGHAI, April 21 (Reuters) - The new boss of Hong Kong's
South China Morning Post, Jack Ma, has promised not to interfere
in editorial decisions, in an apparent bid to assuage concerns
about the paper's independence under his e-commerce giant
Alibaba Group Holding Ltd.
Read more
South China Morning Post, Jack Ma, has promised not to interfere
in editorial decisions, in an apparent bid to assuage concerns
about the paper's independence under his e-commerce giant
Alibaba Group Holding Ltd.
Read more
BRIEF-Fibrogen says phase 2 data show Roxadustat corrected Anemia in chronic kidney disease patients before intervention with dialysis
* Promising phase 2 data show Roxadustat corrected Anemia in
chronic kidney disease patients before intervention with
dialysis
Read more
chronic kidney disease patients before intervention with
dialysis
Read more
UPDATE 1-Wal-Mart shrinks board to 12, founder's son to retire
April 20 (Reuters) - Wal-Mart Stores Inc said on
Wednesday it will shrink its board by three members to 12,
bringing it closer to U.S. corporate norms in a move the largest
U.S. retailer hopes would allow it to respond more nimbly to
rapid market changes.
Read more
Wednesday it will shrink its board by three members to 12,
bringing it closer to U.S. corporate norms in a move the largest
U.S. retailer hopes would allow it to respond more nimbly to
rapid market changes.
Read more
UPDATE 2-At least 3 reported killed in blast at Pemex complex in Mexico
MEXICO CITY, April 20 (Reuters) - An explosion rocked a
major petrochemical facility of Mexican national oil company
Pemex in the Gulf state of Veracruz on Wednesday, and the state
governor said he was told that three people had been killed.
Read more
major petrochemical facility of Mexican national oil company
Pemex in the Gulf state of Veracruz on Wednesday, and the state
governor said he was told that three people had been killed.
Read more
UPDATE 4-United Airlines bows to activists, adds directors
April 20 (Reuters) - The agreement by United Continental
Holdings Inc to install airline industry veteran Robert
Milton as non-executive chairman represents a partial victory
for two first-time activist hedge funds, and puts an expert at
turnarounds in the seat next to Chief Executive Oscar Munoz as
he tries to fix United's operational problems.
Read more
Holdings Inc to install airline industry veteran Robert
Milton as non-executive chairman represents a partial victory
for two first-time activist hedge funds, and puts an expert at
turnarounds in the seat next to Chief Executive Oscar Munoz as
he tries to fix United's operational problems.
Read more
Judge denies Redstone granddaughter's bid to join competency suit
LOS ANGELES, April 20 (Reuters) - A California judge on
Wednesday rejected a bid by Sumner Redstone's granddaughter to
join the media mogul's ex-girlfriend in a lawsuit that
challenges the 92-year-old billionaire's mental competency.
Read more
Wednesday rejected a bid by Sumner Redstone's granddaughter to
join the media mogul's ex-girlfriend in a lawsuit that
challenges the 92-year-old billionaire's mental competency.
Read more
BRIEF-Real Goods Solar files for stock shelf of upto $31.9 million
* Files for a stock shelf of upto $31.9 million - SEC filing
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Source text for Eikon:
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BRIEF-United Continental Holdings Q1 EPS $1.23
* Says Including Special Charges, Q1 Total Operating
Expense Was $7.5 Bln , A 4.1 Percent Decrease Year-Over-Year
Read more
Expense Was $7.5 Bln , A 4.1 Percent Decrease Year-Over-Year
Read more
BRIEF-Lime Energy receives 1-year contract extension with National Grid
* Has received a one-year contract extension with national
grid to continue its small business program in western New York.
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grid to continue its small business program in western New York.
Source text for Eikon:
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Canada Netflix users complain as access to U.S. service blocked
TORONTO, April 20 (Reuters) - Some Canadian Netflix Inc
users cried foul on Wednesday after the video-streaming
giant appeared to have made good on its pledge to block access
for customers using unauthorized services to view more varied
American content.
Read more
users cried foul on Wednesday after the video-streaming
giant appeared to have made good on its pledge to block access
for customers using unauthorized services to view more varied
American content.
Read more
UPDATE 2-Daily Mail says may partner to bid for Yahoo
* Eleven brokerages raise their price target on Yahoo
(Adds details, analysts' comments, updates shares)
Read more
(Adds details, analysts' comments, updates shares)
Read more
VW expected to offer to buyback U.S. diesel vehicles
April 20 (Reuters) - Volkswagen AG and U.S.
officials have reached the framework of a deal ahead of a
Thursday court deadline, to remedy problems caused by hundreds
of thousands of vehicles that are emitting up to 40 times
legally allowable pollution, two sources briefed on the matter
said Wednesday.
Read more
officials have reached the framework of a deal ahead of a
Thursday court deadline, to remedy problems caused by hundreds
of thousands of vehicles that are emitting up to 40 times
legally allowable pollution, two sources briefed on the matter
said Wednesday.
Read more
CP Rail CEO says company to put cash toward dividends, buybacks
TORONTO, April 20 (Reuters) - Canadian Pacific Railway
Chief Executive Hunter Harrison said on Wednesday that
Canada's No. 2 railroad would pay out dividends and put its
money toward share buybacks rather than build a cash horde for
possible deals that may or may not materialize down the road.
Read more
Chief Executive Hunter Harrison said on Wednesday that
Canada's No. 2 railroad would pay out dividends and put its
money toward share buybacks rather than build a cash horde for
possible deals that may or may not materialize down the road.
Read more
UPDATE 1-Microsoft says game over for Xbox 360
April 20 (Reuters) - Microsoft Corp said on
Wednesday it would stop production of its popular Xbox 360 video
game console, which helped the company gain a firm foothold in
the market.
Read more
Wednesday it would stop production of its popular Xbox 360 video
game console, which helped the company gain a firm foothold in
the market.
Read more
BRIEF-Harleysville Savings Financial posts Q2 EPS of $0.36
* Harleysville savings financial corporation announces
regular cash dividend and second quarter earnings for fiscal
year 2016
Read more
regular cash dividend and second quarter earnings for fiscal
year 2016
Read more
UPDATE 3-Alere shares sink after Abbott CEO fuels speculation deal at risk
April 20 (Reuters) - Abbott Laboratories Inc's chief
executive said on Wednesday it would not be appropriate to
comment on whether the company was committed to buying
diagnostics company Alere Inc, fueling speculation the
deal might not close.
Read more
executive said on Wednesday it would not be appropriate to
comment on whether the company was committed to buying
diagnostics company Alere Inc, fueling speculation the
deal might not close.
Read more
Massachusetts says State Street unit overcharged clients
BOSTON, April 20 (Reuters) - Massachusetts' top securities
regulator on Wednesday charged that a unit of custody bank State
Street Corp. overcharged custodial clients, including
pension, mutual and hedge funds.
Read more
regulator on Wednesday charged that a unit of custody bank State
Street Corp. overcharged custodial clients, including
pension, mutual and hedge funds.
Read more
CANADA STOCKS-TSX rises to near 6-month high, led by financials
TORONTO, April 20 (Reuters) - Canada's main stock index rose
on Wednesday to a near six-month high as financial and material
shares rose, while lower oil prices weighed on energy stocks.
Read more
on Wednesday to a near six-month high as financial and material
shares rose, while lower oil prices weighed on energy stocks.
Read more
BRIEF-Ethan Allen Interiors sets regular qtrly cash dividend of $0.17 per share
* Sets regular quarterly cash dividend of $0.17 per share
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Source text for Eikon:
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BRIEF-Inventrust Properties says bought Stevenson Ranch Plaza in Los Angeles for $72.5 mln
* Inventrust Properties Corp announces acquisition of
Stevenson Ranch Plaza in Los Angeles, California
Read more
Stevenson Ranch Plaza in Los Angeles, California
Read more
BRIEF-Elliott ups its stake in Mitel Networks to about 10.7 pct
* Elliott Associates And Affiliates Say They Have Combined
Economic Exposure In Mitel Networks Corp Of about 10.7
percent as of april 19 - sec filing
Read more
Economic Exposure In Mitel Networks Corp Of about 10.7
percent as of april 19 - sec filing
Read more
Israel police arrest diamond dealer on suspicion of embezzlement
TEL AVIV, April 20 (Reuters) - Israeli police said on
Wednesday they had arrested a diamond dealer on suspicion of
embezzlement after a complaint was filed by members of the
Israel Diamond Exchange (IDE).
Read more
Wednesday they had arrested a diamond dealer on suspicion of
embezzlement after a complaint was filed by members of the
Israel Diamond Exchange (IDE).
Read more
YOUR MONEY-NFL's Justin Tuck tackles financial literacy
NEW YORK, April 20 (Reuters) - Think of football, and a lot
of things come to mind: Big playoff rivalries, tailgate parties
overflowing with beer and chicken wings, Super Bowl halftime
shows.
Read more
of things come to mind: Big playoff rivalries, tailgate parties
overflowing with beer and chicken wings, Super Bowl halftime
shows.
Read more
BRIEF-Cara therapeutics announces removal of FDA clinical hold on I.V. CR845 trial
* Cara therapeutics announces removal of FDA clinical hold
on clin3001 postoperative pain trial for i.v. Cr845
Read more
on clin3001 postoperative pain trial for i.v. Cr845
Read more
Medical device maker St. Jude reports 7.6 pct rise in revenue
April 20 (Reuters) - St. Jude Medical Inc reported a
7.6 percent rise in quarterly revenue, helped by higher sales in
its heart failure and neuromodulation businesses.
Read more
7.6 percent rise in quarterly revenue, helped by higher sales in
its heart failure and neuromodulation businesses.
Read more
UPDATE 2-Zodiac Aerospace says tackling seat delays, shares jump
PARIS, April 20 (Reuters) - Zodiac Aerospace said
on Wednesday it had shortened average delays in aircraft seat
production to days rather than months, sending its shares higher
in a respite from factory congestion which disrupted airplane
deliveries.
Read more
on Wednesday it had shortened average delays in aircraft seat
production to days rather than months, sending its shares higher
in a respite from factory congestion which disrupted airplane
deliveries.
Read more
UPDATE 2-EU charges Google with abusing Android market dominance
* EU has already charged Google over Internet shopping
(Adds Google, lead complainant response)
Read more
(Adds Google, lead complainant response)
Read more
Israel's Check Point Software Q1 profit beats forecast
TEL AVIV, April 20 (Reuters) - Network security provider
Check Point Software Technologies reported quarterly
profit that beat expectations on strong demand for its advanced
threat prevention products.
Read more
Check Point Software Technologies reported quarterly
profit that beat expectations on strong demand for its advanced
threat prevention products.
Read more
Russia says Dutch ruling stops Yukos shareholders' asset seizures
AMSTERDAM, April 20 (Reuters) - Russia said a Dutch court's
ruling in the $50 billion Yukos arbitration dispute meant the
defunct oil giant's shareholders could no longer sue in national
courts around the world in order to seize Russian state assets
in compensation.
Read more
ruling in the $50 billion Yukos arbitration dispute meant the
defunct oil giant's shareholders could no longer sue in national
courts around the world in order to seize Russian state assets
in compensation.
Read more
Thai coal miner Banpu makes first investment in U.S. shale
BANGKOK, April 20 (Reuters) - Banpu Pcl,
Thailand's largest coal miner, said on Wednesday it had spent
$112 million to buy a 29.4 percent stake in the Chaffee Corners
Joint Exploration Agreement (JEA), a shale gas operation in the
U.S. state of Pennsylvania.
Read more
Thailand's largest coal miner, said on Wednesday it had spent
$112 million to buy a 29.4 percent stake in the Chaffee Corners
Joint Exploration Agreement (JEA), a shale gas operation in the
U.S. state of Pennsylvania.
Read more
China bank regulator tells Shanghai lenders to rein in bill risks - memo
SHANGHAI, April 20 (Reuters) - China's banking regulator has
urged Shanghai's lenders to rein in risks connected with bills
of exchange, according to two sources with direct knowledge of
the matter and a memo circulated by the financial watchdog on
Tuesday.
Read more
urged Shanghai's lenders to rein in risks connected with bills
of exchange, according to two sources with direct knowledge of
the matter and a memo circulated by the financial watchdog on
Tuesday.
Read more
European shares retreat on weaker commodities, ARM up
LONDON, April 20 (Reuters) - European equities retreated
from their three-month highs on Wednesday, mirroring losses in
Asia, with a fall in oil and metals prices putting pressure on
commodities-related stocks.
Read more
from their three-month highs on Wednesday, mirroring losses in
Asia, with a fall in oil and metals prices putting pressure on
commodities-related stocks.
Read more
Tuesday, April 19, 2016
Vimpelcom plans to issue eurobonds worth up to $1.2 bln, source says
MOSCOW, April 20 (Reuters) - Amsterdam-based mobile phone
operator Vimpelcom plans to issue two tranches of 4-year
and 7-year eurobonds worth up to $1.2 billion, a banking source
told Reuters on Wednesday.
(Reporting by Kira Zavyalova,; writing by Vladimir Soldatkin,
editing by Larry King)
Read more
operator Vimpelcom plans to issue two tranches of 4-year
and 7-year eurobonds worth up to $1.2 billion, a banking source
told Reuters on Wednesday.
(Reporting by Kira Zavyalova,; writing by Vladimir Soldatkin,
editing by Larry King)
Read more
Nikkei ends slightly stronger, underpinned by Wall Street's gains
TOKYO, April 20 (Reuters) - Japanese stocks edged up on
Wednesday but retreated from three-week highs earlier in the
session as the yen firmed marginally against the dollar,
hampering exporters' prospects.
Read more
Wednesday but retreated from three-week highs earlier in the
session as the yen firmed marginally against the dollar,
hampering exporters' prospects.
Read more
Once a mainstay, Algerian crude returns to U.S. East Coast
NEW YORK, April 20 (Reuters) - Phillips 66 has
purchased a cargo of Algerian crude oil for its Bayway refinery
in New Jersey for the first time since 2013, two sources said,
the latest U.S. refiner on the East Coast to shun domestic
crudes in favor of cheaper imports.
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purchased a cargo of Algerian crude oil for its Bayway refinery
in New Jersey for the first time since 2013, two sources said,
the latest U.S. refiner on the East Coast to shun domestic
crudes in favor of cheaper imports.
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GLOBAL MARKETS-Oil turns tail, takes stocks with it
SYDNEY, April 20 (Reuters) - All the air was sucked out of
Asian shares on Wednesday as oil prices took a fresh spill on
news Kuwaiti oil workers ended a three-day strike, leaving
markets suddenly directionless.
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Asian shares on Wednesday as oil prices took a fresh spill on
news Kuwaiti oil workers ended a three-day strike, leaving
markets suddenly directionless.
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BRIEF-Toshiba preparing to write down value of Westinghouse stake-sources
* Toshiba preparing to write down value of Westinghouse
stake by around 200 billion yen ($1.8 billion) - sources
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stake by around 200 billion yen ($1.8 billion) - sources
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REFILE-China's CIC, KKR consortium in talks to buy control of Yum China unit -sources
HONG KONG/SINGAPORE, April 20 (Reuters) - A group of
investors comprising sovereign wealth fund China Investment Corp
(CIC), KKR & Co and Baring Private Equity Asia is in
talks to buy a controlling stake in Yum Brands Inc's
China unit, people familiar with the matter said.
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investors comprising sovereign wealth fund China Investment Corp
(CIC), KKR & Co and Baring Private Equity Asia is in
talks to buy a controlling stake in Yum Brands Inc's
China unit, people familiar with the matter said.
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Baidu says completed around $155 mln fundraising for new video business subsidiary
BEIJING, April 20 (Reuters) - Baidu Inc has
completed raising around 1 billion yuan ($154.69 million) for a
new video business subsidiary, it said in a posting on its
microblog on Wednesday.
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completed raising around 1 billion yuan ($154.69 million) for a
new video business subsidiary, it said in a posting on its
microblog on Wednesday.
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United Airlines poised to shake up board further-sources
NEW YORK, April 19 (Reuters) - United Continental Holdings
Inc is close to announcing new board appointments on
Wednesday, just a month after it appointed three new directors,
averting a protracted fight with activist investors, people
familiar with the matter said.
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Inc is close to announcing new board appointments on
Wednesday, just a month after it appointed three new directors,
averting a protracted fight with activist investors, people
familiar with the matter said.
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PRESS DIGEST- Financial Times - April 20
April 20 (Reuters) - The following are the top stories in
the Financial Times. Reuters has not verified these stories and
does not vouch for their accuracy.
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the Financial Times. Reuters has not verified these stories and
does not vouch for their accuracy.
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UPDATE 3-Intuitive Surgical boosts procedure growth forecast
April 19 (Reuters) - Intuitive Surgical Inc on
Tuesday reported better-than-expected first-quarter profit on
expanded use of its da Vinci robots in U.S. general surgeries
such as hernia repair, and it raised its full-year outlook for
procedure growth.
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Tuesday reported better-than-expected first-quarter profit on
expanded use of its da Vinci robots in U.S. general surgeries
such as hernia repair, and it raised its full-year outlook for
procedure growth.
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