* Has agreed a further sale of non-core assets in its U.S.
onshore portfolio, third in Southern Marcellus in last two years
Read more
Sunday, July 31, 2016
UPDATE 1-Didi to buy Uber China operations in deal valuing combined firm at $35 bln - media
Aug 1 (Reuters) - China's dominant ride hailing firm Didi
Chuxing will buy Uber Technologies Inc's operations in China in
a deal that will end bruising competition between the two firms,
the Wall Street Journal reported.
Read more
Chuxing will buy Uber Technologies Inc's operations in China in
a deal that will end bruising competition between the two firms,
the Wall Street Journal reported.
Read more
Heineken's Asian gains outweigh African decline
BRUSSELS, Aug 1 (Reuters) - Heineken, the world's
third-largest brewer, reported slightly better than expected
first-half operating profit on Monday as strength in Asia and
Western Europe offset declining sales in Africa and Eastern
Europe.
Read more
third-largest brewer, reported slightly better than expected
first-half operating profit on Monday as strength in Asia and
Western Europe offset declining sales in Africa and Eastern
Europe.
Read more
Delphi, Singapore launch test of self-driving taxis
August 1 (Reuters) - Delphi Automotive Plc will
launch a small test fleet of automated taxis in Singapore next
year, aiming to ferry passengers around a city district in one
of the first real-world tests of automated rides on demand, the
company said on Monday.
Read more
launch a small test fleet of automated taxis in Singapore next
year, aiming to ferry passengers around a city district in one
of the first real-world tests of automated rides on demand, the
company said on Monday.
Read more
BRIEF-Uber said to merge China business with Didi in $35 billion deal - Bloomberg, citing sources
* Uber said to merge China business with Didi in $35 billion deal - Bloomberg, citing
sources
Source text - (http://bloom.bg/2akzz3h)
Further company coverage:
(Bengaluru Newsroom)
Read more
sources
Source text - (http://bloom.bg/2akzz3h)
Further company coverage:
(Bengaluru Newsroom)
Read more
UPDATE 2-Tesla, SolarCity set to announce merger on Monday -sources
July 31 (Reuters) - Tesla Motors Inc and SolarCity
Corp could announce they have agreed to merge as early
as Monday, people familiar with the matter said, setting the
stage for a campaign to convince the two companies' shareholders
to back the deal.
Read more
Corp could announce they have agreed to merge as early
as Monday, people familiar with the matter said, setting the
stage for a campaign to convince the two companies' shareholders
to back the deal.
Read more
Tesla, SolarCity set to announce merger on Monday -sources
July 31 (Reuters) - Tesla Motors Inc and SolarCity
Corp could announce they have agreed to merge as early
as Monday, according to people familiar with the matter.
Read more
Corp could announce they have agreed to merge as early
as Monday, according to people familiar with the matter.
Read more
UPDATE 1-Uber to invest $500 million in global mapping project -FT
NEW YORK, July 31 (Reuters) - Ride-hailing service Uber
will invest $500 million in an ambitious global
mapping project to wean itself off dependence on Google Maps and
pave the way for driverless cars, the Financial Times reported
on Sunday.
Read more
will invest $500 million in an ambitious global
mapping project to wean itself off dependence on Google Maps and
pave the way for driverless cars, the Financial Times reported
on Sunday.
Read more
Uber to invest $500 million in global mapping project -FT
NEW YORK, July 31 (Reuters) - Ride-hailing service Uber
has decided to invest $500 million into an ambitious
global mapping project to wean itself off dependence on Google
Maps and pave the way for driverless cars, the Financial Times
reported on Sunday.
Read more
has decided to invest $500 million into an ambitious
global mapping project to wean itself off dependence on Google
Maps and pave the way for driverless cars, the Financial Times
reported on Sunday.
Read more
RPT-Wall St Week Ahead-Data in focus as market struggles for direction
NEW YORK, July 29 (Reuters) - Wall Street, seeking direction
as the S&P 500 has been stuck in a narrow trading range for 12
days, will next week shift its attention from second-quarter
corporate earnings reports to economic data.
Read more
as the S&P 500 has been stuck in a narrow trading range for 12
days, will next week shift its attention from second-quarter
corporate earnings reports to economic data.
Read more
RPT-INSIGHT-Iran's global banking problems deepen with rise of Trump, Brexit
LONDON/ANKARA, July 29 (Reuters) - Britain's vote to leave
the European Union and the rise of U.S. presidential nominee
Donald Trump have paralysed efforts by Western governments to
encourage already highly reluctant international banks to do
business with Iran.
Read more
the European Union and the rise of U.S. presidential nominee
Donald Trump have paralysed efforts by Western governments to
encourage already highly reluctant international banks to do
business with Iran.
Read more
German authorities clear Opel diesel engines - report
FRANKFURT, July 31 (Reuters) - Germany's Federal Office for
Motor Vehicles has approved diesel engines of General Motors'
Opel unit, after initial doubts about whether the engine
control software was permissible, weekly Bild am Sonntag
reported.
Read more
Motor Vehicles has approved diesel engines of General Motors'
Opel unit, after initial doubts about whether the engine
control software was permissible, weekly Bild am Sonntag
reported.
Read more
Don't panic, Nigerian governor says, as bank shake-out looms
LAGOS, July 29 (Reuters) - Breaking the central bankers'
taboo on use of the 'p-word', Nigeria's Godwin Emefiele is
urging people not to panic about the banking system, saying he
is on top of any trouble resulting from the worst crisis in
Africa's biggest economy for decades.
Read more
taboo on use of the 'p-word', Nigeria's Godwin Emefiele is
urging people not to panic about the banking system, saying he
is on top of any trouble resulting from the worst crisis in
Africa's biggest economy for decades.
Read more
UPDATE 1-Chinese consortium agrees $4.4 bln deal for Caesars online games
July 30 (Reuters) - A Chinese consortium that includes game
developer Shanghai Giant Network Technology Co Ltd and
e-commerce company Alibaba Group Holding Ltd founder
Jack Ma has agreed to acquire Caesars Interactive Entertainment
Inc's online games unit for $4.4 billion in cash, the companies
said.
Read more
developer Shanghai Giant Network Technology Co Ltd and
e-commerce company Alibaba Group Holding Ltd founder
Jack Ma has agreed to acquire Caesars Interactive Entertainment
Inc's online games unit for $4.4 billion in cash, the companies
said.
Read more
Saturday, July 30, 2016
Chinese consortium agrees $4.4 bln deal for Caesars online games-sources
July 30 (Reuters) - A Chinese consortium that includes game
developer Shanghai Giant Network Technology Co Ltd and
e-commerce company Alibaba Group Holding Ltd founder
Jack Ma has agreed to acquire Caesars Interactive Entertainment
Inc's online games unit for $4.4 billion in cash, people
familiar with the matter said.
Read more
developer Shanghai Giant Network Technology Co Ltd and
e-commerce company Alibaba Group Holding Ltd founder
Jack Ma has agreed to acquire Caesars Interactive Entertainment
Inc's online games unit for $4.4 billion in cash, people
familiar with the matter said.
Read more
Pokemon GO players robbed at gunpoint in London park
LONDON, July 30 (Reuters) - Three teenagers playing the hit
game Pokemon GO have been robbed at gunpoint in a north London
park and forced to hand over their mobile phones, British police
said on Saturday.
Read more
game Pokemon GO have been robbed at gunpoint in a north London
park and forced to hand over their mobile phones, British police
said on Saturday.
Read more
UPDATE 1-UK's May made decision to delay Hinkley nuclear project -source
LONDON, July 30 (Reuters) - British Prime Minister Theresa
May personally intervened to delay the French and Chinese-backed
Hinkley Point nuclear project so she could further consider the
deal, a government source said, explaining Friday's shock move.
Read more
May personally intervened to delay the French and Chinese-backed
Hinkley Point nuclear project so she could further consider the
deal, a government source said, explaining Friday's shock move.
Read more
UK's May was unhappy with Chinese investment, Hinkley project - former colleague
LONDON, July 30 (Reuters) - Theresa May was unhappy with the
"gung-ho" approach her predecessor took to Chinese investment in
Britain, a former colleague said on Saturday, after the new
British prime minister cast into doubt a high-profile
Chinese-funded nuclear project.
Read more
"gung-ho" approach her predecessor took to Chinese investment in
Britain, a former colleague said on Saturday, after the new
British prime minister cast into doubt a high-profile
Chinese-funded nuclear project.
Read more
UPDATE 4-No clean bill of health for EU banks in stress test
* For a graphic on test results: http://tmsnrt.rs/2aey6Ld
(Adds graphic to bullet points; no change in text)
Read more
(Adds graphic to bullet points; no change in text)
Read more
Singapore c.bank says examining Goldman on work related to 1MDB bond deals
SINGAPORE, July 30 (Reuters) - Singapore's central bank said
on Saturday it is examining the extent of Goldman Sachs'
local unit's involvement in bond deals for Malaysian state
investor 1Malaysia Development Berhad (1MDB).
Read more
on Saturday it is examining the extent of Goldman Sachs'
local unit's involvement in bond deals for Malaysian state
investor 1Malaysia Development Berhad (1MDB).
Read more
Fosun strikes first Brazil deal with purchase of fund manager Rio Bravo
HONG KONG, July 30 (Reuters) - Fosun Group said on Saturday
it has agreed to buy Brazilian fund manager Rio Bravo
Investimentos, in the Chinese conglomerate's first acquisition
in Latin America.
Read more
it has agreed to buy Brazilian fund manager Rio Bravo
Investimentos, in the Chinese conglomerate's first acquisition
in Latin America.
Read more
Friday, July 29, 2016
UPDATE 1-U.S. authorities subpoena Goldman in 1MDB probe -WSJ
July 29 (Reuters) - U.S. authorities have issued subpoenas
to Goldman Sachs Group Inc for documents related to the
bank's dealings with scandal-hit Malaysian state fund 1MDB, the
Wall Street Journal reported late on Friday.
Read more
to Goldman Sachs Group Inc for documents related to the
bank's dealings with scandal-hit Malaysian state fund 1MDB, the
Wall Street Journal reported late on Friday.
Read more
U.S. authorities subpoena Goldman in 1MDB probe -WSJ
July 29 (Reuters) - U.S. authorities have issued subpoenas
to Goldman Sachs Group Inc for documents related to the
bank's dealings with scandal-hit Malaysian state fund 1MDB, the
Wall Street Journal reported late on Friday.
Read more
to Goldman Sachs Group Inc for documents related to the
bank's dealings with scandal-hit Malaysian state fund 1MDB, the
Wall Street Journal reported late on Friday.
Read more
UPDATE 1-U.S. Judge denies Uber motion to compel arbitration in surge-pricing lawsuit
SAN FRANCISCO, July 29 (Reuters) - A federal judge on Friday
denied a motion by Uber Technologies Inc to compel
arbitration in a passenger lawsuit over so-called surge pricing
brought against the ride-hailing company's chief executive.
Read more
denied a motion by Uber Technologies Inc to compel
arbitration in a passenger lawsuit over so-called surge pricing
brought against the ride-hailing company's chief executive.
Read more
BRIEF-Adma Biologics receives CRL from FDA for pending biologics license application
* CRL did not cite any concerns with clinical safety and
efficacy data for ri-002 submitted by adma in bla
Read more
efficacy data for ri-002 submitted by adma in bla
Read more
UPDATE 1-Bayer says will halt future U.S. sales of insecticide
CHICAGO, July 29 (Reuters) - The agricultural unit of German
chemicals company Bayer AG will halt future U.S.
sales of an insecticide that can be used on more than 200 crops
after losing a fight with the U.S. Environmental Protection
Agency, the company said on Friday.
Read more
chemicals company Bayer AG will halt future U.S.
sales of an insecticide that can be used on more than 200 crops
after losing a fight with the U.S. Environmental Protection
Agency, the company said on Friday.
Read more
UPDATE 2-Tesla mulling two theories to explain 'Autopilot' crash: source
WASHINGTON, July 29 (Reuters) - Tesla Motors Inc
told U.S. Senate Commerce Committee staff it is considering two
theories that may help explain what led to the May 7 fatal crash
that killed a Florida man who was using the car's "Autopilot"
system, a person familiar with the meeting told Reuters on
Friday.
Read more
told U.S. Senate Commerce Committee staff it is considering two
theories that may help explain what led to the May 7 fatal crash
that killed a Florida man who was using the car's "Autopilot"
system, a person familiar with the meeting told Reuters on
Friday.
Read more
BRIEF-Elon musk says Tesla Minibus will be built on a Model X chassis - tweet
* Elon Musk tweet - Tesla Minibus will be built on a Model X
chassis
Further company coverage:
Read more
chassis
Further company coverage:
Read more
Mexico's Alpek to pay up to $700 mln for Petrobras' petchem assets- source
SAO PAULO, July 29 (Reuters) - Mexico's Alpek SA de CV
is expected to offer up to $700 million for
Brazilian state-run oil company Petroleo Brasileiro SA's
petrochemicals units in the northeastern state of Pernambuco, a
source with direct knowledge of the matter told Reuters on
Friday.
Read more
is expected to offer up to $700 million for
Brazilian state-run oil company Petroleo Brasileiro SA's
petrochemicals units in the northeastern state of Pernambuco, a
source with direct knowledge of the matter told Reuters on
Friday.
Read more
BRIEF-Radient Technologies Inc announces Financial Results and Private Placement Offering
* In order to minimize expenses and cash requirements
corporation has idled its plant operations
Read more
corporation has idled its plant operations
Read more
BRIEF-Top Ships Inc announces interim financial results for period ended June 30, 2016
* Top Ships Inc. announces interim financial results for
period ended June 30, 2016
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
period ended June 30, 2016
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
UPDATE 2-DoubleLine's Gundlach says stock market frothy: 'Nothing looks good'
NEW YORK, July 29 (Reuters) - Jeffrey Gundlach, the chief
executive of DoubleLine Capital, said on Friday that many asset
classes look frothy and his firm continues to hold gold, a
traditional safe-haven, along with gold miner stocks.
Read more
executive of DoubleLine Capital, said on Friday that many asset
classes look frothy and his firm continues to hold gold, a
traditional safe-haven, along with gold miner stocks.
Read more
UPDATE 2-Speculators lift U.S. dollar net longs to highest since Feb -CFTC, Reuters
* Dollar net long bets rise to highest since Feb. 2
* Sterling net shorts rise to most since 2013
(Adds data on sterling, euro)
By Dion Rabouin
NEW YORK, July 29 (Reuters) - Speculators raised bullish
U.S. dollar bets this week to the highest level in nearly five
months, as investors were encouraged by strong U.S. economic
data that reinforced expectations of an interest rate hike by
the Federal Reserve in 2016.
The strong dollar position was also bolstered by short bets
agains
Read more
* Sterling net shorts rise to most since 2013
(Adds data on sterling, euro)
By Dion Rabouin
NEW YORK, July 29 (Reuters) - Speculators raised bullish
U.S. dollar bets this week to the highest level in nearly five
months, as investors were encouraged by strong U.S. economic
data that reinforced expectations of an interest rate hike by
the Federal Reserve in 2016.
The strong dollar position was also bolstered by short bets
agains
Read more
Speculators raise U.S. dollar net longs to highest since Feb-CFTC, Reuters
NEW YORK, July 29 (Reuters) - Speculators raised bullish
U.S. dollar bets this week to the highest in nearly five months,
as investors were encouraged by a continued string of strong
U.S. economic data that reinforced expectations of an interest
rate hike from the Federal Reserve in 2016.
Read more
U.S. dollar bets this week to the highest in nearly five months,
as investors were encouraged by a continued string of strong
U.S. economic data that reinforced expectations of an interest
rate hike from the Federal Reserve in 2016.
Read more
Raiffeisen merger would raise RZB CET 1 ratio by 40 bps-FMA
VIENNA, July 29 (Reuters) - Austria's Raiffeisen
Zentralbank's core equity tier 1 (CET 1) ratio will be
raised by 0.4 percentage points through its planned merger with
Raiffeisen Bank International, Helmut Ettl, co-head of
Austria's financial regulator said.
Read more
Zentralbank's core equity tier 1 (CET 1) ratio will be
raised by 0.4 percentage points through its planned merger with
Raiffeisen Bank International, Helmut Ettl, co-head of
Austria's financial regulator said.
Read more
DoubleLine's Gundlach says investors in a 'world of uber complacency'
NEW YORK, July 29 (Reuters) - Jeffrey Gundlach, the chief
executive of DoubleLine Capital, said on Friday that many asset
classes look frothy and the firm continues to hold gold and gold
miner stocks.
Read more
executive of DoubleLine Capital, said on Friday that many asset
classes look frothy and the firm continues to hold gold and gold
miner stocks.
Read more
UPDATE 1-U.S. extends oversight of Fiat Chrysler safety practices by a year
WASHINGTON, July 29 (Reuters) - U.S. auto safety regulators
said on Friday they were extending oversight of Fiat Chrysler
Automobiles NV for an additional year, requiring the
Italian-American automaker to submit to monthly meetings and
early disclosures of potential vehicle issues.
Read more
said on Friday they were extending oversight of Fiat Chrysler
Automobiles NV for an additional year, requiring the
Italian-American automaker to submit to monthly meetings and
early disclosures of potential vehicle issues.
Read more
UPDATE 1-Delaware judge proposes October trial over removal of Viacom directors
July 29 (Reuters) - A Delaware judge on Friday ruled that
Sumner Redstone's lawyers must defend in a trial his move to
oust five directors from Viacom Inc's board.
Read more
Sumner Redstone's lawyers must defend in a trial his move to
oust five directors from Viacom Inc's board.
Read more
U.S. extends oversight of Fiat Chrysler safety practices for additional year
WASHINGTON, July 29 (Reuters) - U.S. auto safety regulators
said Friday they were extending oversight of Fiat Chrysler
Automobiles NV for an additional year, requiring the
Italian-American automaker to submit to monthly meetings and
early disclosures of potential vehicle issues.
Read more
said Friday they were extending oversight of Fiat Chrysler
Automobiles NV for an additional year, requiring the
Italian-American automaker to submit to monthly meetings and
early disclosures of potential vehicle issues.
Read more
Private equity firms prepare acquisition offers for Save-A-Lot-sources
July 29 (Reuters) - Some of the world's largest buyout firms
are preparing offers for Supervalu Inc's Save-A-Lot
business, making an outright sale of the U.S. discount grocery
chain more likely than a spin-off, according to people familiar
with the matter.
Read more
are preparing offers for Supervalu Inc's Save-A-Lot
business, making an outright sale of the U.S. discount grocery
chain more likely than a spin-off, according to people familiar
with the matter.
Read more
CORRECTED-July US auto sales up 2.4 pct, full-year sales to drop -forecasters
DETROIT, July 29 (Reuters) - U.S. July auto sales likely
rose 2.4 percent from a year earlier, but full-year sales will
not match last year's record, forecasters J.D. Power and LMC
Automotive said on Friday.
Read more
rose 2.4 percent from a year earlier, but full-year sales will
not match last year's record, forecasters J.D. Power and LMC
Automotive said on Friday.
Read more
Apple says U.S. Supreme Court should rule against Samsung over patents
SAN FRANCISCO, July 29 (Reuters) - Apple Inc on
Friday asked the U.S. Supreme Court to rule against Samsung
Electronics Co Ltd over the damages Apple should
receive in a case about smartphone design patents.
Read more
Friday asked the U.S. Supreme Court to rule against Samsung
Electronics Co Ltd over the damages Apple should
receive in a case about smartphone design patents.
Read more
UPDATE 1-Ambev profits miss, Brazil revenue outlook flat; shares drop
RIO DE JANEIRO, July 29 (Reuters) - Ambev SA, a
subsidiary of beverage giant Anheuser Busch Inbev SA,
missed quarterly profit estimates and gave up on expanding sales
in Brazil this year, triggering a selloff that sent shares to
their biggest drop in nearly seven months.
Read more
subsidiary of beverage giant Anheuser Busch Inbev SA,
missed quarterly profit estimates and gave up on expanding sales
in Brazil this year, triggering a selloff that sent shares to
their biggest drop in nearly seven months.
Read more
Consumer goods firms plot new paths amid e-commerce boom
LONDON, July 29 (Reuters) - Consumer goods maker Reckitt
Benckiser has ramped up its efforts to sell items such as
condoms and vitamins online, aiming to capture new revenue
streams as traditional markets get more competitive.
Read more
Benckiser has ramped up its efforts to sell items such as
condoms and vitamins online, aiming to capture new revenue
streams as traditional markets get more competitive.
Read more
BRIEF-Exxon says has significant debt capacity that it can leverage, very strong balance sheet
* After q2 results, exxon says cash flow reflects durability
of integrated business model during price downturn
Read more
of integrated business model during price downturn
Read more
UPDATE 2-Trade groups urge U.S. court to reverse 'net neutrality' rules
WASHINGTON, July 29 (Reuters) - Several wireless, cable and
broadband trade associations on Friday urged the full U.S. Court
of Appeals for the District of Columbia to reverse a ruling
upholding the Obama administration's landmark rules barring
internet service providers from obstructing or slowing consumer
access to web content.
Read more
broadband trade associations on Friday urged the full U.S. Court
of Appeals for the District of Columbia to reverse a ruling
upholding the Obama administration's landmark rules barring
internet service providers from obstructing or slowing consumer
access to web content.
Read more
BRIEF-Sanofi, Pfizer, Gilead & Celgene interested in Medivation - CNBC citing sources
* Sanofi, Pfizer, Gilead & Celgene interested in Medivation
as company asks for indications of interest by mid-August - CNBC
citing sources
Further company coverage:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
as company asks for indications of interest by mid-August - CNBC
citing sources
Further company coverage:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
CORRECTED-UPDATE 1-Imperial Oil posts loss due to impact of Alberta wildfires
July 29(Reuters) - Imperial Oil Ltd, Canada's No.2
integrated oil producer and refiner, reported a quarterly loss
due to the impact of wildfires in Fort McMurray, Alberta.
Read more
integrated oil producer and refiner, reported a quarterly loss
due to the impact of wildfires in Fort McMurray, Alberta.
Read more
BRIEF-Mosys reports Q2 GAAP loss per share $0.09
* Q2 revenue $1.6 million versus $1.0 million
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
Exchange operator CBOE's profit jumps 13.6 pct
July 29 (Reuters) - CBOE Holdings Inc, the operator
of the largest U.S. options exchange, reported a 13.6 percent
rise in quarterly profit as market volatility boosted
transaction fees.
Read more
of the largest U.S. options exchange, reported a 13.6 percent
rise in quarterly profit as market volatility boosted
transaction fees.
Read more
BRIEF-Atomera raises size of IPO to 3.2 mln shares common stock from 2.4 mln shares -
* Raises size of IPO to 3.2 million shares common stock at
$7.50 per share from 2.4 million shares of common stock at $7.50
per share reported earlier - SEC filing
Source: (http://bit.ly/2aeKKdG)
Further company coverage:
Read more
$7.50 per share from 2.4 million shares of common stock at $7.50
per share reported earlier - SEC filing
Source: (http://bit.ly/2aeKKdG)
Further company coverage:
Read more
BRIEF-Tyco Q3 EPS from continuing operations of $0.56 per share
* Says North America quarter-end backlog of $2.67 billion up
3% on a quarter sequential basis, excluding impact of foreign
currency
Read more
3% on a quarter sequential basis, excluding impact of foreign
currency
Read more
PRESS DIGEST- Canada-July 29
July 29 (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
U.S. private equities behind UBS-Passera plan for Monte dei Paschi-source
MILAN, July 29 (Reuters) - Veteran Italian banker Corrado
Passera is presenting to the board of Monte dei Paschi
an alternative rescue plan which is backed by some U.S. private
equity funds and sponsored by Swiss bank UBS, a source
close to the matter said.
Read more
Passera is presenting to the board of Monte dei Paschi
an alternative rescue plan which is backed by some U.S. private
equity funds and sponsored by Swiss bank UBS, a source
close to the matter said.
Read more
UPDATE 1-Indonesia to start natural gas output from two deepwater fields
* Aims to increase returns on deepwater projects to 25 pct
(Adds quotes, details of projects)
Read more
(Adds quotes, details of projects)
Read more
CORRECTED-Indonesia to start producing natural gas from two projects - official
JAKARTA, July 29 (Reuters) - Indonesia expects to start
natural gas production from two deepwater fields this year and
next, even as major oil companies are reviewing economics for
other projects, a senior energy official said late on Thursday.
Read more
natural gas production from two deepwater fields this year and
next, even as major oil companies are reviewing economics for
other projects, a senior energy official said late on Thursday.
Read more
GLOBAL MARKETS-Yen, bond yields rise as Bank of Japan action underwhelms
LONDON, July 29 (Reuters) - The yen jumped on Friday and the
biggest rise in Japanese government bond yields in years lifted
sovereign borrowing costs around the world, after the Bank of
Japan's latest measures to boost growth and inflation fell short
of investor expectations.
Read more
biggest rise in Japanese government bond yields in years lifted
sovereign borrowing costs around the world, after the Bank of
Japan's latest measures to boost growth and inflation fell short
of investor expectations.
Read more
UBS plan for Monte dei Paschi proposes 3 bln euro cash call - paper
A last-minute rescue plan for Monte dei Paschi di Siena
proposed by Swiss bank UBS includes a smaller
capital increase than one currently envisaged by the troubled
Italian bank, financial daily Il Sole 24 Ore said.
Read more
proposed by Swiss bank UBS includes a smaller
capital increase than one currently envisaged by the troubled
Italian bank, financial daily Il Sole 24 Ore said.
Read more
Thursday, July 28, 2016
BRIEF-Galapagos H1 net result swings to profit of 32.2 mln euros
* Reported on Thursday H1 Revenues of 48.8 million euros
($54.1 million), an increase of 11.9 million euros compared to
H1 2015
Read more
($54.1 million), an increase of 11.9 million euros compared to
H1 2015
Read more
Axa and China's Alibaba enter into global partnership
PARIS, July 29 (Reuters) - AXA on Friday said it
had forged a global partnership with Chinese e-commerce giant
Alibaba and its Ant Financial Services unit to
distribute the French insurance group's products and expand in
China.
Read more
had forged a global partnership with Chinese e-commerce giant
Alibaba and its Ant Financial Services unit to
distribute the French insurance group's products and expand in
China.
Read more
UPDATE 1-Safran H1 core income up 11.8 percent
PARIS, July 29 (Reuters) - France's Safran posted
an 11.8 percent rise in first-half core profit on Friday, driven
by demand for aircraft equipment like wheels and brakes, and
reaffirmed core financial targets.
Read more
an 11.8 percent rise in first-half core profit on Friday, driven
by demand for aircraft equipment like wheels and brakes, and
reaffirmed core financial targets.
Read more
AB InBev cuts Brazil outlook as homes in on SABMiller
BRUSSELS, July 29 (Reuters) - Anheuser-Busch InBev,
the world's largest brewer, cut its guidance for growth this
year in Brazil due to the struggling economy on Friday and said
it aimed to seal the purchase of nearest rival SABMiller
this year.
Read more
the world's largest brewer, cut its guidance for growth this
year in Brazil due to the struggling economy on Friday and said
it aimed to seal the purchase of nearest rival SABMiller
this year.
Read more
Nikkei erases gains and slips after BOJ's easing decision
TOKYO, July 29 (Reuters) - Japan's Nikkei share average
erased earlier gains and slipped on Friday after the Bank of
Japan eased monetary policy but not to the degree that many in
the market had expected.
Read more
erased earlier gains and slipped on Friday after the Bank of
Japan eased monetary policy but not to the degree that many in
the market had expected.
Read more
Australia Pacific LNG boosts Origin Energy's output, but price drops
MELBOURNE, July 29 (Reuters) - Origin Energy, a
co-owner of the Australia Pacific LNG project, said APLNG's
sales volumes rose 28 percent but prices fell 15 percent in the
June quarter, and the project was on track to start shipping
from its second unit by December.
Read more
co-owner of the Australia Pacific LNG project, said APLNG's
sales volumes rose 28 percent but prices fell 15 percent in the
June quarter, and the project was on track to start shipping
from its second unit by December.
Read more
PRESS DIGEST- British Business - July 29
July 29 (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
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
BRIEF-Yamana Gold declares Q3 dividend of $0.005 per share
* Says declares a q3 2016 dividend of $0.005 per share
Source text for Eikon:
Further company coverage:
)
Read more
Source text for Eikon:
Further company coverage:
)
Read more
CORRECTED-UPDATE 2-Expedia revenue misses estimates, mulls listing for Trivago
July 28 (Reuters) - Expedia Inc reported
lower-than-expected quarterly revenue due to higher promotions
for its member loyalty program and discounts to promote new
hotel listings, sending the company's shares down more than 6
percent in extended trading.
Read more
lower-than-expected quarterly revenue due to higher promotions
for its member loyalty program and discounts to promote new
hotel listings, sending the company's shares down more than 6
percent in extended trading.
Read more
UPDATE 1-U.S. emerging market debt funds attract record cash again -Lipper
(Recasts throughout; adds data on mutual funds and ETFs,
analyst quote, table, byline)
By Trevor Hunnicutt
NEW YORK, July 28 (Reuters) - Emerging-market debt funds
offered in the United States took in record cash for the second
straight week, Lipper data showed on Thursday, as investors
hoped more central bank stimulus could make the bonds an
appealing buy.
The funds attracted nearly $1.4 billion in the period
through July 27, larger than the $918 million they attracted the
previo
Read more
UPDATE 3-Amazon tops Wall Street targets, lifted by cloud revenue
July 28 (Reuters) - Amazon.com Inc posted strong
results across its older and newer businesses on Thursday as
global Web retail sales and cloud services topped Wall Street
targets and the world's largest online merchant forecast revenue
would outpace expectations in the current quarter as well.
Read more
results across its older and newer businesses on Thursday as
global Web retail sales and cloud services topped Wall Street
targets and the world's largest online merchant forecast revenue
would outpace expectations in the current quarter as well.
Read more
BRIEF-Qlik Technologies Q2 non-GAAP earnings per share $0.14
* In light of pending acquisition by Thoma Bravo, not
issuing guidance nor holding earnings conference call to discuss
its Q2 results
Read more
issuing guidance nor holding earnings conference call to discuss
its Q2 results
Read more
BRIEF-Wynn Resorts Q2 adjusted earnings per share $1.07
* Net revenues were $1.06 billion for q2 of 2016, compared
to $1.04 billion in same period of 2015
Read more
to $1.04 billion in same period of 2015
Read more
BRIEF-Natural Grocers By Vitamin Cottage says Q3 sales $179.3 mln
* Natural grocers by vitamin cottage announces third quarter
and year to date fiscal 2016 results
Read more
and year to date fiscal 2016 results
Read more
BRIEF-Fannie Mae Releases June 2016 Monthly Summary
* Fannie Mae's book of business increased at a compound
annualized rate of 1.1 percent in June
Read more
annualized rate of 1.1 percent in June
Read more
Three banks opt out of Monte dei Paschi's proposed 5 bln euro cash call - source
LONDON, July 28 (Reuters) - Morgan Stanley and
Italian lenders UniCredit and Intesa SanPaolo
have rebuffed a proposal by Italy's third-largest lender, Banca
Monte dei Paschi di Siena, to back its proposed 5
billion euro ($5.54 billion) cash call, a source familiar with
the matter told Reuters.
Read more
Italian lenders UniCredit and Intesa SanPaolo
have rebuffed a proposal by Italy's third-largest lender, Banca
Monte dei Paschi di Siena, to back its proposed 5
billion euro ($5.54 billion) cash call, a source familiar with
the matter told Reuters.
Read more
UPDATE 1-Brazil prosecutors sue to block license for ThyssenKrupp mill
RIO DE JANEIRO, July 28 (Reuters) - Regional prosecutors in
Brazil's Rio de Janeiro state filed a lawsuit on Thursday to
block the granting of an operating license to ThyssenKrupp AG's
CSA plant until a thorough environmental assessment is
conducted.
Read more
Brazil's Rio de Janeiro state filed a lawsuit on Thursday to
block the granting of an operating license to ThyssenKrupp AG's
CSA plant until a thorough environmental assessment is
conducted.
Read more
UPDATE 1-Vanguard to close booming dividend growth fund to new investors
BOSTON, July 28 (Reuters) - Vanguard Group said on Thursday
it is closing its $30 billion Dividend Growth Fund to
new investors as a protective measure.
Read more
it is closing its $30 billion Dividend Growth Fund to
new investors as a protective measure.
Read more
BRIEF-West Bancorporation posts Q2 earnings of $0.34/share
* West Bancorporation Inc announces second quarter record
net income, declares quarterly dividend
Read more
net income, declares quarterly dividend
Read more
Brazil's Usiminas posts smaller than expected second-quarter loss
SAO PAULO, July 28 (Reuters) - Usinas Siderúrgicas de Minas
Gerais SA, Brazil's largest listed producer of flat steel,
posted on Thursday a smaller-than-expected net loss in the
second quarter as sales and revenues withstood the impact of a
deep recession and rising imports.
Read more
Gerais SA, Brazil's largest listed producer of flat steel,
posted on Thursday a smaller-than-expected net loss in the
second quarter as sales and revenues withstood the impact of a
deep recession and rising imports.
Read more
UPDATE 1-Dow Chemical's profit handily beats estimates as costs fall
July 28 (Reuters) - Dow Chemical Co, the No.1 U.S.
chemical maker by sales, reported a better-than-expected
quarterly profit as cost cuts helped boost margins.
Read more
chemical maker by sales, reported a better-than-expected
quarterly profit as cost cuts helped boost margins.
Read more
UPDATE 1-MEG Energy reports loss due to crude price slump
July 28 (Reuters) - Canadian oil sands producer MEG Energy
Corp reported a quarterly loss, compared with a profit
a year earlier, as a rise in production was offset by a slump in
crude prices.
Read more
Corp reported a quarterly loss, compared with a profit
a year earlier, as a rise in production was offset by a slump in
crude prices.
Read more
MEG Energy reports loss due to crude price slump
July 28 (Reuters) - Canadian oil sands producer MEG Energy
Corp reported a quarterly loss, compared with a profit
a year earlier, hurt by a prolonged slump in crude prices.
Read more
Corp reported a quarterly loss, compared with a profit
a year earlier, hurt by a prolonged slump in crude prices.
Read more
Canada's Teck posts smaller profit on lower prices, volumes
July 28 (Reuters) - Canadian miner Teck Resources Ltd
reported a 76 percent fall in quarterly
profit, hurt by lower volumes and prices.
Read more
reported a 76 percent fall in quarterly
profit, hurt by lower volumes and prices.
Read more
UPDATE 2-Fosun agrees to buy KKR-backed Indian drugmaker for $1.4 bln -source
* Formal announcement likely Thursday -source
(Adds details on Gland Pharma, U.S. injectables market)
Read more
(Adds details on Gland Pharma, U.S. injectables market)
Read more
UPDATE 1-UK Stocks-Factors to watch on July 28
July 28 (Reuters) - Britain's FTSE 100 index is seen opening flat,
according to financial bookmakers. Futures were marginally lower at 0650
GMT, ahead of the cash market open.
Read more
according to financial bookmakers. Futures were marginally lower at 0650
GMT, ahead of the cash market open.
Read more
UPDATE 1-AstraZeneca earnings hit by waning cholesterol drug sales
* Drugmaker banking on cancer medicines for future growth
(Adds CEO comment and details on drugs)
Read more
(Adds CEO comment and details on drugs)
Read more
Wednesday, July 27, 2016
Dialog Q2 sales, oper profit drop on weak demand for smartphones
FRANKFURT, July 28 (Reuters) - Dialog Semiconductor
, the maker of chips used in Apple and Samsung
Electronics' smartphones, on Thursday reported a drop in
second-quarter sales and operating profit as ongoing softness in
the smartphone market continued to weigh.
Read more
, the maker of chips used in Apple and Samsung
Electronics' smartphones, on Thursday reported a drop in
second-quarter sales and operating profit as ongoing softness in
the smartphone market continued to weigh.
Read more
Bytes and barrels: the origins of oil traders' love of Yahoo
NEW YORK, July 28 (Reuters) - For the oil industry, Yahoo
Inc's decision this week to sell its core business to
Verizon Communications Inc for $4.8 billion does not
matter all that much. Their world already changed a few months
ago, when the company said it would jettison its messaging
system that has been the norm for oil traders since the late
1990s.
Read more
Inc's decision this week to sell its core business to
Verizon Communications Inc for $4.8 billion does not
matter all that much. Their world already changed a few months
ago, when the company said it would jettison its messaging
system that has been the norm for oil traders since the late
1990s.
Read more
BRIEF-Zealand Pharma: FDA approves lixisenatide in the U.S.
* FDA approves lixisenatide as Adlyxin for the treatment of
adults with type 2 diabetes in the U.S.
Read more
adults with type 2 diabetes in the U.S.
Read more
Asciano $6.8 bln buyout clears final hurdle with Australian court approval
SYDNEY, July 28 (Reuters) - A A$9.1 billion ($6.8 billion)
buyout of Australian port and rail freight giant Asciano Ltd
by global investors was approved by a court on
Thursday, clearing the final hurdle for the country's biggest
foreign takeover in five years.
Read more
buyout of Australian port and rail freight giant Asciano Ltd
by global investors was approved by a court on
Thursday, clearing the final hurdle for the country's biggest
foreign takeover in five years.
Read more
Nikkei falls after Wall Street weakens, strong yen sours mood before BOJ
TOKYO, July 28 (Reuters) - Japan's Nikkei share average fell
on Thursday morning after Wall Street ended lower and a stronger
yen soured sentiment, while most investors stayed cautious amid
the two-day Bank Of Japan policy meeting that ends Friday.
Read more
on Thursday morning after Wall Street ended lower and a stronger
yen soured sentiment, while most investors stayed cautious amid
the two-day Bank Of Japan policy meeting that ends Friday.
Read more
BRIEF-Tactile Systems priced its IPO at $10.00 per share
* Priced its IPO of 4 million shares of common stock at a
public offering price of $10.00 per share.
Read more
public offering price of $10.00 per share.
Read more
UPDATE 2-Suncor turns to loss as wildfire shutdown drags on earnings
VANCOUVER, July 27 (Reuters) - Suncor Energy Inc,
Canada's largest oil and gas company, reported a second-quarter
loss on Wednesday, as it was hit by a significant decline in oil
sand production due to the shut in of operations during the Fort
McMurray wildfire.
Read more
Canada's largest oil and gas company, reported a second-quarter
loss on Wednesday, as it was hit by a significant decline in oil
sand production due to the shut in of operations during the Fort
McMurray wildfire.
Read more
BRIEF-Catalyst Paper qtrly share loss C$1.84
* Says recorded qtrly net loss of $26.6 million and a net
loss before specific items of $27.3 million in Q2
Read more
loss before specific items of $27.3 million in Q2
Read more
UPDATE 1-Miner Goldcorp reports loss as output falls by a third
July 27 (Reuters) - Goldcorp Inc on Wednesday posted
a far bigger second-quarter net loss than expected as production
fell by almost one-third and costs rose partly due to a
maintenance shutdown and slow restart of its biggest mine.
Read more
a far bigger second-quarter net loss than expected as production
fell by almost one-third and costs rose partly due to a
maintenance shutdown and slow restart of its biggest mine.
Read more
UPDATE 3-Oreo maker Mondelez fights North America biscuit rivals
CHICAGO, July 27 (Reuters) - Oreo maker Mondelez
International Inc is fighting back against aggressive
rivals in North America after its share of the biscuit market
there declined in the second quarter, the company said on
Wednesday.
Read more
International Inc is fighting back against aggressive
rivals in North America after its share of the biscuit market
there declined in the second quarter, the company said on
Wednesday.
Read more
BRIEF-Uniqure presents updated clinical data in patients with severe Hemophilia B
* Uniqure presents updated clinical data in patients with
severe Hemophilia B demonstrating up to 9 months of sustained
levels of factor IX activity and therapeutic effect
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
severe Hemophilia B demonstrating up to 9 months of sustained
levels of factor IX activity and therapeutic effect
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
BRIEF-Pultegroup CEO Dugas reports sale of 243,115 shares of co's common stock
* Pultegroup Inc CEO Richard Dugas reports sale of
243,115 shares of co's common stock on July 25 - sec filing
Source text: http://bit.ly/2ahQZiw
Further company coverage:
(Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223
8780)
Read more
243,115 shares of co's common stock on July 25 - sec filing
Source text: http://bit.ly/2ahQZiw
Further company coverage:
(Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223
8780)
Read more
BRIEF-Jernigan Capital procures equity financing commitment
* Says received $125 million commitment of "match funded"
preferred stock from current common shareholder
Source text for Eikon:
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preferred stock from current common shareholder
Source text for Eikon:
Further company coverage:
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UPDATE 1-Calif. power operator urges conservation during heat wave
July 27 (Reuters) - California's power grid operator issued
an alert urging consumers to conserve electricity on Wednesday
as a heat wave baked the state, especially in the north.
Read more
an alert urging consumers to conserve electricity on Wednesday
as a heat wave baked the state, especially in the north.
Read more
BRIEF-Sofinnova Venture Partners reports 6.6 pct passive stake in Audentes Therapeutics
* Sofinnova Venture Partners reports 6.6 pct passive stake
in Audentes Therapeutics as of July 20 - SEC filing
Source text: http://bit.ly/2aKKMdl
Further company coverage:
(Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223
8780)
Read more
in Audentes Therapeutics as of July 20 - SEC filing
Source text: http://bit.ly/2aKKMdl
Further company coverage:
(Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223
8780)
Read more
UPDATE 1-Teva purchase of Allergan generics business gets OK with conditions
WASHINGTON, July 27 (Reuters) - Teva Pharmaceutical
Industries Ltd won U.S. antitrust approval to purchase
Allergan Plc's generics business, after agreeing to
divest more than 75 generic drugs to rival firms, the Federal
Trade Commission said on Wednesday.
Read more
Industries Ltd won U.S. antitrust approval to purchase
Allergan Plc's generics business, after agreeing to
divest more than 75 generic drugs to rival firms, the Federal
Trade Commission said on Wednesday.
Read more
As Wall St hits highs, some investors await transport catch-up
NEW YORK, July 27 (Reuters) - With the Dow industrials and
S&P 500 indexes setting new all-time records in the past month,
some investors are waiting for a key group of transportation
stocks to hit fresh highs as well before becoming more confident
the rally will keep chugging along.
Read more
S&P 500 indexes setting new all-time records in the past month,
some investors are waiting for a key group of transportation
stocks to hit fresh highs as well before becoming more confident
the rally will keep chugging along.
Read more
BRIEF-Anavex presents 31-week efficacy data from Alzheimer's phase 2a study
* Anavex presents 31-week efficacy data from phase 2a study
of ANAVEX 2-73 in alzheimer's patients at AAIC 2016
Read more
of ANAVEX 2-73 in alzheimer's patients at AAIC 2016
Read more
Owners of Polish retail chain Zabka tap JPMorgan for $1.1 billion sale - sources
LONDON/WARSAW, July 27 (Reuters) - Private equity firm Mid
Europa Partners is pressing ahead with the sale of its Polish
convenience chain Zabka Polska and has asked JPMorgan to
handle negotiations with prospective bidders, sources familiar
with the matter said.
Read more
Europa Partners is pressing ahead with the sale of its Polish
convenience chain Zabka Polska and has asked JPMorgan to
handle negotiations with prospective bidders, sources familiar
with the matter said.
Read more
AccorHotels eyes higher profit despite Brexit, Europe attacks
PARIS, July 27 (Reuters) - AccorHotels on
Wednesday predicted its operating profit would rise further this
year as Europe's largest hotel group reaps the fruits of its
restructuring.
Read more
Wednesday predicted its operating profit would rise further this
year as Europe's largest hotel group reaps the fruits of its
restructuring.
Read more
Conspiracy theories flourish after Turkey's failed coup
ISTANBUL/ANKARA, July 27 (Reuters) - Turkey's failed coup
was financed by the CIA and directed by a retired U.S. army
general using a cell in Afghanistan, said one Turkish
pro-government newspaper. CIA agents used an island hotel off
Istanbul as a nerve centre for the plot, said another.
Read more
was financed by the CIA and directed by a retired U.S. army
general using a cell in Afghanistan, said one Turkish
pro-government newspaper. CIA agents used an island hotel off
Istanbul as a nerve centre for the plot, said another.
Read more
BRIEF-Comcast CEO Brian Roberts says not looking for acquisitions in wireless market - CNBC
* Comcast CEO Brian Roberts says not looking for
acquisitions in wireless market - CNBC
(Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223
8780)
Read more
acquisitions in wireless market - CNBC
(Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223
8780)
Read more
UPDATE 3-Boeing posts lower-than-expected loss, stock jumps
NEW YORK, July 27 (Reuters) - Boeing Co on Wednesday
reported a smaller-than-expected loss, sending its shares up 3
percent in early trading.
Read more
reported a smaller-than-expected loss, sending its shares up 3
percent in early trading.
Read more
EU mergers and takeovers (July 27)
BRUSSELS, July 27 (Reuters) - The following are mergers
under review by the European Commission and a brief guide to the
EU merger process:
Read more
under review by the European Commission and a brief guide to the
EU merger process:
Read more
BRIEF-Cemtrex updates on total sales for next 12 months
* Set to deliver over $100 million in total sales over next
12 months
Source text for Eikon:
Further company coverage:
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12 months
Source text for Eikon:
Further company coverage:
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UPDATE 2-Mexico Cemex's profit jumps, aided by U.S., Mexico sales growth
July 27 (Reuters) - Mexico's Cemex, one of the
world's largest cement producers, said on Wednesday its net
profit soared a stronger-than-expected 81 percent in the second
quarter, helped by a jump in sales in the United States and
Mexico.
Read more
world's largest cement producers, said on Wednesday its net
profit soared a stronger-than-expected 81 percent in the second
quarter, helped by a jump in sales in the United States and
Mexico.
Read more
Norfolk Southern profit falls on drop in freight volume
CHICAGO, July 27 (Reuters) - Norfolk Southern Corp,
the No. 4 U.S. railroad, on Wednesday reported a higher
quarterly net profit, citing a 7 percent drop in freight volumes
led by a precipitous decline in coal.
Read more
the No. 4 U.S. railroad, on Wednesday reported a higher
quarterly net profit, citing a 7 percent drop in freight volumes
led by a precipitous decline in coal.
Read more
Comcast profit drops on film sales, beats Wall Street estimates
NEW YORK, July 27 (Reuters) - Comcast Corp
reported a 5 percent drop in quarterly profit on Wednesday, hurt
by lower film division sales, but managed to beat Wall Street
expectations due to growth in its business services and
high-speed internet units.
Read more
reported a 5 percent drop in quarterly profit on Wednesday, hurt
by lower film division sales, but managed to beat Wall Street
expectations due to growth in its business services and
high-speed internet units.
Read more
UPDATE 1-European shares rise as luxury stocks, autos gain on results
* France's Ingenico Group slumps after H1 results
(Adds company news and quotes, updates prices)
Read more
(Adds company news and quotes, updates prices)
Read more
GLOBAL MARKETS-European stocks rise, Asia lifted by Japan stimulus
LONDON, July 27 (Reuters) - Stocks rose in Europe and Asia
on Wednesday while the yen sank against the dollar, after Prime
Minister Shinzo Abe said his government would present a $265
billion stimulus package to reflate the Japanese economy.
Read more
on Wednesday while the yen sank against the dollar, after Prime
Minister Shinzo Abe said his government would present a $265
billion stimulus package to reflate the Japanese economy.
Read more
UPDATE 1-Nintendo in wider-than-expected Q1 loss, but hopes high for Pokemon GO
TOKYO, July 27 (Reuters) - Japan's Nintendo Co Ltd
booked an operating loss in the first quarter, hurt by
unfavourable currency rates although hopes for long-term growth
are running high on the worldwide success of Pokemon GO.
Read more
booked an operating loss in the first quarter, hurt by
unfavourable currency rates although hopes for long-term growth
are running high on the worldwide success of Pokemon GO.
Read more
UPDATE 1-Malaysia Airlines orders Boeing 737 MAX jets in $5.5 bln deal
KUALA LUMPUR, July 27 (Reuters) - Malaysia Airlines said on
Wednesday it had ordered 50 Boeing 737 MAX jets, with
firm orders for 25 and rights to purchase 25 more.
Read more
Wednesday it had ordered 50 Boeing 737 MAX jets, with
firm orders for 25 and rights to purchase 25 more.
Read more
Tuesday, July 26, 2016
GlaxoSmithKline invests $360 mln in post-Brexit UK manufacturing
LONDON, July 27 (Reuters) - GlaxoSmithKline plans
275 million pounds ($361 million) of new investments at three
drug manufacturing sites in Britain, signalling its confidence
in the country despite last month's vote to leave the European
Union.
(Reporting by Ben Hirschler; Editing by David Holmes)
Read more
275 million pounds ($361 million) of new investments at three
drug manufacturing sites in Britain, signalling its confidence
in the country despite last month's vote to leave the European
Union.
(Reporting by Ben Hirschler; Editing by David Holmes)
Read more
Swiss stocks - Factors to watch on July 27
ZURICH, July 27 (Reuters) - The Swiss blue-chip SMI
was seen opening 0.2 percent higher at 8,247 points on
Wednesday, according to premarket indications by bank Julius
Baer.
Read more
was seen opening 0.2 percent higher at 8,247 points on
Wednesday, according to premarket indications by bank Julius
Baer.
Read more
Australia's major banks team up to challenge Apple on mobile payments apps
SYDNEY, July 27 (Reuters) - Australia's three biggest banks,
including no. 1 lender National Australia Bank (NAB),
on Wednesday said they had lodged a joint application with
anti-trust regulators seeking approval to collectively negotiate
with Apple Inc to install their own electronic payments
applications on iPhones.
Read more
including no. 1 lender National Australia Bank (NAB),
on Wednesday said they had lodged a joint application with
anti-trust regulators seeking approval to collectively negotiate
with Apple Inc to install their own electronic payments
applications on iPhones.
Read more
BRIEF-Western Energy Services Q2 loss per share $0.33
* Western energy services corp. Releases second quarter 2016 financial and operating results
Read more
Read more
RPT-Losing the X-factor: Hyundai fumbles in U.S. as former hit car Elantra stalls
SEOUL, July 27 (Reuters) - At last February's Super Bowl,
Hyundai Motor hired 'X-Men' movie star Ryan Reynolds
for an ad plugging the new version of its Elantra sedan. Not in
the script: a slide in first-half sales of the South Korean
automaker's U.S. mainstay.
Read more
Hyundai Motor hired 'X-Men' movie star Ryan Reynolds
for an ad plugging the new version of its Elantra sedan. Not in
the script: a slide in first-half sales of the South Korean
automaker's U.S. mainstay.
Read more
State Street to pay $530 mln to resolve forex fraud claims
July 26 (Reuters) - Custody bank State Street Corp
said it has agreed to resolve all pending litigation and
regulatory matters in the United States related to its indirect
foreign exchange business.
Read more
said it has agreed to resolve all pending litigation and
regulatory matters in the United States related to its indirect
foreign exchange business.
Read more
Samsonite says shareholders back Tumi deal, completion in early August
HONG KONG, July 27 (Reuters) - Samsonite International S.A.
said its shareholders have approved its plan to buy
luggage maker Tumi Holdings Inc, as the world's biggest
luggage group expands in the luxury market, and the $1.8 billion
deal was expected to be completed in early August.
Read more
said its shareholders have approved its plan to buy
luggage maker Tumi Holdings Inc, as the world's biggest
luggage group expands in the luxury market, and the $1.8 billion
deal was expected to be completed in early August.
Read more
Buenaventura reports $55.5 million net profit in second quarter
LIMA, July 26 (Reuters) - Peruvian precious metals miner
Buenaventura on Tuesday reported $55.5 million
in net profit in the second quarter, up from its $18.7 million
loss in the same period a year ago.
Read more
Buenaventura on Tuesday reported $55.5 million
in net profit in the second quarter, up from its $18.7 million
loss in the same period a year ago.
Read more
Brazil court revokes decision allowing Odebrecht in Petrobras tenders
SAO PAULO, July 26 (Reuters) - A Rio de Janeiro court
revoked an earlier decision that allowed Odebrecht Oil and Gas
to participate in tender contracts of the state-run oil company
Petroleo Brasileiro SA, Petrobras said on Tuesday.
Read more
revoked an earlier decision that allowed Odebrecht Oil and Gas
to participate in tender contracts of the state-run oil company
Petroleo Brasileiro SA, Petrobras said on Tuesday.
Read more
UPDATE 3-VW's $14.7 bln diesel U.S. emissions settlement clears hurdle
WASHINGTON, July 26 (Reuters) - Volkswagen AG's
$14.7 billion settlement of its U.S. diesel emissions cheating
scandal cleared another legal hurdle on Tuesday, as a federal
judge gave the automaker preliminary approval to buy back up to
475,000 vehicles.
Read more
$14.7 billion settlement of its U.S. diesel emissions cheating
scandal cleared another legal hurdle on Tuesday, as a federal
judge gave the automaker preliminary approval to buy back up to
475,000 vehicles.
Read more
UPDATE 1-Third Point's 1st-half returns boosted by energy credit investments
NEW YORK, July 26 (Reuters) - Dan Loeb's Third Point LLC
said on Tuesday that the firm's investments in energy credits
drove positive returns during the first half of the year and is
devoting over $1 billion to energy corporate credits.
Read more
said on Tuesday that the firm's investments in energy credits
drove positive returns during the first half of the year and is
devoting over $1 billion to energy corporate credits.
Read more
UPDATE 1-Wal-Mart de Mexico posts 9 pct drop in second-quarter profit
MEXICO CITY, July 26 (Reuters) - Mexico's Wal-Mart de Mexico
on Tuesday reported second-quarter net profit was
down 9.2 percent from the same period last year, due to a
one-time gain during the year-earlier quarter.
Read more
on Tuesday reported second-quarter net profit was
down 9.2 percent from the same period last year, due to a
one-time gain during the year-earlier quarter.
Read more
BRIEF-CSB Bancorp Q2 earnings per share $0.59
* Qtrly net interest income increased $271 thousand in Q2 of
2016 compared to same period in 2015
Read more
2016 compared to same period in 2015
Read more
BRIEF-BB&T Corp increases quarterly dividend by 7 pct to $0.30 per share
* BB&T Corp says in addition, board authorized a cumulative
share buyback of up to $640 million during four quarters
beginning in Q3 of 2016
Read more
share buyback of up to $640 million during four quarters
beginning in Q3 of 2016
Read more
BRIEF-Mitra to acquire 100% interest in Stag Oilfield
* Mitra has identified various cost reduction measures to
continue to lower operating costs for Stag Oilfield
Read more
continue to lower operating costs for Stag Oilfield
Read more
UPDATE 1-Fiat's U.S. unit to change the way it reports vehicle sales
July 26 (Reuters) - The U.S. arm of Fiat Chrysler
Automobiles , said it would change the way it
reports monthly U.S. vehicle sales, following claims of inflated
sales.
Read more
Automobiles , said it would change the way it
reports monthly U.S. vehicle sales, following claims of inflated
sales.
Read more
Democrats beat Republicans in first night TV convention audience
NEW YORK, July 26 (Reuters) - Democrats beat Republicans in
the TV ratings, according to early data on Tuesday for the first
night of the Democratic National Convention ratings.
Read more
the TV ratings, according to early data on Tuesday for the first
night of the Democratic National Convention ratings.
Read more
Australia's IFM in talks with OHL over buyout of Mexican unit -source
MADRID, July 26 (Reuters) - Australian fund management firm
IFM is in talks with Spanish builder OHL over a deal to
take the latter's Mexican unit private, a source familiar with
the discussions said on Tuesday.
Read more
IFM is in talks with Spanish builder OHL over a deal to
take the latter's Mexican unit private, a source familiar with
the discussions said on Tuesday.
Read more
European shares propped up by healthcare and consumer stocks
MILAN/LONDON, July 26 (Reuters) - Gains in major healthcare
and consumer goods stocks propped up European equities on
Tuesday, offsetting persistent concerns over the region's
banking system.
Read more
and consumer goods stocks propped up European equities on
Tuesday, offsetting persistent concerns over the region's
banking system.
Read more
UPDATE 2-Refiner Valero's profit beats but margins stay under pressure
* Sees 2016 biofuel blending costs at $750 mln-$850 mln
(Adds details on compliance credit costs, shares)
Read more
(Adds details on compliance credit costs, shares)
Read more
TREASURIES-U.S. 30-year bonds turn flat after new home sales data
NEW YORK, July 26 (Reuters) - Prices on U.S. 30-year
Treasury bonds turned flat on Tuesday, paring earlier gains as
new home sales rose near an 8-1/2 year high in June, providing a
sign the U.S. housing market was gaining momentum and boosting
the overall economy in the second quarter.
Read more
Treasury bonds turned flat on Tuesday, paring earlier gains as
new home sales rose near an 8-1/2 year high in June, providing a
sign the U.S. housing market was gaining momentum and boosting
the overall economy in the second quarter.
Read more
BRIEF-Klondex Mines announces increase to bought deal financing
* Says to increase size of its previously announced $100
million "bought deal" private placement
Read more
million "bought deal" private placement
Read more
UPDATE 1-JetBlue profit rises 18.4 pct on lower fuel costs
July 26 (Reuters) - JetBlue Airways Corp quarterly
profit rose 18.4 percent as the U.S. budget airline continued to
benefit from lower fuel costs.
Read more
profit rose 18.4 percent as the U.S. budget airline continued to
benefit from lower fuel costs.
Read more
BRIEF-Anixter International Q2 adjusted EPS $1.32
* Weaker industrial economy, lower commodity prices on y-o-y
basis continue to be headwinds for industrial portion of ees
segment
Read more
basis continue to be headwinds for industrial portion of ees
segment
Read more
Sportswear maker Under Armour's quarterly revenue jumps 28 pct
July 26 (Reuters) - Under Armour Inc's quarterly
revenue jumped nearly 28 percent as demand rose for its sports
apparel and basketball shoes.
Read more
revenue jumped nearly 28 percent as demand rose for its sports
apparel and basketball shoes.
Read more
DuPont profit rises 8.5 percent as costs fall
July 26(Reuters) - Chemicals and seeds producer DuPont
reported an 8.5 percent rise in quarterly profit, helped
by lower costs.
Read more
reported an 8.5 percent rise in quarterly profit, helped
by lower costs.
Read more
UPDATE 1-Chinese miners call for anti-dumping probe into iron ore imports
SHANGHAI, July 26 (Reuters) - Chinese iron ore miners have
called for an anti-dumping investigation into imports of the
steelmaking raw material from top suppliers Australia and
Brazil.
Read more
called for an anti-dumping investigation into imports of the
steelmaking raw material from top suppliers Australia and
Brazil.
Read more
European shares weighed down by banks, oils; capital fall hits Commerzbank
MILAN, July 26 (Reuters) - European shares fell slightly on
Tuesday as weaker bank and oil sectors weighed, with Commerzbank
among the biggest fallers after the German lender
disappointed with a decline in second-quarter core capital.
Read more
Tuesday as weaker bank and oil sectors weighed, with Commerzbank
among the biggest fallers after the German lender
disappointed with a decline in second-quarter core capital.
Read more
Central European Media Enterprises beats quarterly profit expectations
PRAGUE, July 26 (Reuters) - Central European Media
Enterprises' (CME) core profit rose almost 15
percent in the second quarter, lifted by shrinking costs and
growing income from television advertising, the broadcaster said
on Tuesday.
Read more
Enterprises' (CME) core profit rose almost 15
percent in the second quarter, lifted by shrinking costs and
growing income from television advertising, the broadcaster said
on Tuesday.
Read more
S.Korea's NHN Entertainment in talks over potential purchase of McDonald's unit
SEOUL, July 26 (Reuters) - South Korea's NHN Entertainment
Corp said on Tuesday it was in talks with KG Group,
parent of electronic payment service provider KG Chemical Corp
, about potentially acquiring the South Korean unit
of McDonald's Corp.
Read more
Corp said on Tuesday it was in talks with KG Group,
parent of electronic payment service provider KG Chemical Corp
, about potentially acquiring the South Korean unit
of McDonald's Corp.
Read more
Nikkei falls to 2-week low as yen firms before Fed, BOJ meetings
TOKYO, July 26 (Reuters) - Japan's Nikkei share average fell
to a near 2-week low on Tuesday as the yen firmed against the
dollar ahead of the U.S. Federal Reserve's two-day policy
meeting, hurting shares of exporters.
Read more
to a near 2-week low on Tuesday as the yen firmed against the
dollar ahead of the U.S. Federal Reserve's two-day policy
meeting, hurting shares of exporters.
Read more
BRIEF-B/E Aerospace Q2 earnings per share $0.84
* B/E Aerospace reports second quarter results; revenues up 7%, EPS up 12%; raises both 2016
financial guidance and 2017 outlook
Read more
financial guidance and 2017 outlook
Read more
Monday, July 25, 2016
Ofcom orders BT to run Openreach as separate company
LONDON, July 26 (Reuters) - British regulator Ofcom on
Tuesday said BT's network division should become a
legally separate company within the telecoms group, to boost
broadband coverage and avoid the need for a full break-up of the
company.
Read more
Tuesday said BT's network division should become a
legally separate company within the telecoms group, to boost
broadband coverage and avoid the need for a full break-up of the
company.
Read more
DEALTALK-Verizon sale leaves Yahoo investors betting on a stub
July 26 (Reuters) - Yahoo Inc shareholders may be
left betting on how quickly, if at all, the former web pioneer
can cash in on its multi-billion dollar stakes in two Asian
peers after Monday's deal to sell its core internet assets to
Verizon Communications Inc.
Read more
left betting on how quickly, if at all, the former web pioneer
can cash in on its multi-billion dollar stakes in two Asian
peers after Monday's deal to sell its core internet assets to
Verizon Communications Inc.
Read more
Hyundai Motor Q2 net profit slips 2.6 pct in 10th straight quarterly drop
SEOUL, July 26 (Reuters) - South Korean automaker Hyundai
Motor said on Tuesday its second-quarter net profit
fell 3 percent, its 10th straight quarterly drop, as it soaked
up stiff competition and shrinking demand for its mainstay
sedans in the United States and at home.
Read more
Motor said on Tuesday its second-quarter net profit
fell 3 percent, its 10th straight quarterly drop, as it soaked
up stiff competition and shrinking demand for its mainstay
sedans in the United States and at home.
Read more
UPDATE 1-Brazil's TIM posts lower quarterly profit, misses consensus
SAO PAULO, July 25 (Reuters) - TIM Participaçoes SA
, Brazil's second-largest wireless carrier, on Monday
posted an 85 percent drop in second-quarter net income from a
year ago.
Read more
, Brazil's second-largest wireless carrier, on Monday
posted an 85 percent drop in second-quarter net income from a
year ago.
Read more
BRIEF-Trans-Lux announces PBGC'S release of lien on its assets
* Trans-Lux Corporation announces PBGC'S release of lien on
its assets and comprehensive credit agreement
Source text for Eikon:
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its assets and comprehensive credit agreement
Source text for Eikon:
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GLOBAL MARKETS-Asia shares slip, yen gains as uncertainty grips
SYDNEY, July 26 (Reuters) - Caution gripped Asian markets on
Tuesday, sending the safe-haven yen higher ahead of central bank
meetings in the United States and Japan, while a fresh skid in
oil dampened energy stocks on Wall Street.
Read more
Tuesday, sending the safe-haven yen higher ahead of central bank
meetings in the United States and Japan, while a fresh skid in
oil dampened energy stocks on Wall Street.
Read more
BRIEF-Amazon, UK government partner on using small drones
* Amazon and UK government aim for sky with partnership on
drones
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drones
Source text for Eikon:
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China's local government bond risks flow to yield-hungry foreign buyers
HONG KONG, July 26 (Reuters) - A combination of towering
leverage, stunted cash flows and illusory guarantees could
deliver a salutary lesson to foreign investors dabbling in the
rising flow of bonds from Chinese local governments onto global
markets.
Read more
leverage, stunted cash flows and illusory guarantees could
deliver a salutary lesson to foreign investors dabbling in the
rising flow of bonds from Chinese local governments onto global
markets.
Read more
BRIEF-Duran Ventures announces first closing of private placement financing
* Duran Ventures announces first closing of private
placement financing
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placement financing
Source text for Eikon:
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BRIEF-Cnx Coal Resources says quarterly revenue $53.8 mln
* Fy2016 earnings per share view $0.82, revenue view $226.2
million -- Thomson Reuters I/B/E/S
Read more
million -- Thomson Reuters I/B/E/S
Read more
CANADA STOCKS-TSX falls as losses for oil pressure energy stocks
TORONTO, July 25 (Reuters) - Canada's main stock index fell
on Monday, hurt by sharp losses for some of its largest energy
companies as U.S. oil prices hit a three-month low on renewed
fears about a global supply glut.
Read more
on Monday, hurt by sharp losses for some of its largest energy
companies as U.S. oil prices hit a three-month low on renewed
fears about a global supply glut.
Read more
CN Rail earnings slip as shipments fall
TORONTO, July 25 (Reuters) - Canadian National Railway Co
reported slightly lower second quarter earnings on
Monday as a decline in shipment volumes cut into revenue.
Read more
reported slightly lower second quarter earnings on
Monday as a decline in shipment volumes cut into revenue.
Read more
Ecuador launches US$1bn long five-year bond at 10.75%
NEW YORK, July 25 (IFR) - Republic of Ecuador launched a
US$1bn long five-year bond after generating a US$2bn book,
investor sources told IFR on Monday.
Read more
US$1bn long five-year bond after generating a US$2bn book,
investor sources told IFR on Monday.
Read more
UPDATE 1-SunOpta draws private equity interest, 2nd activist emerges-sources
July 25 (Reuters) - Canadian organic food company SunOpta
Inc, already under pressure from U.S. hedge fund
Tourbillon Capital Partners LP, is being prodded by a second
activist shareholder to explore the sale of all or part of the
company, according to sources familiar with the matter.
Read more
Inc, already under pressure from U.S. hedge fund
Tourbillon Capital Partners LP, is being prodded by a second
activist shareholder to explore the sale of all or part of the
company, according to sources familiar with the matter.
Read more
Deutsche Bank must face US lawsuit over subprime disclosures
NEW YORK, July 25 (Reuters) - A U.S. judge on Monday said
Deutsche Bank AG must face part of a lawsuit claiming
it defrauded investors who bought $5.4 billion of preferred
securities by concealing its exposure to the fast-deteriorating
subprime mortgage market.
Read more
Deutsche Bank AG must face part of a lawsuit claiming
it defrauded investors who bought $5.4 billion of preferred
securities by concealing its exposure to the fast-deteriorating
subprime mortgage market.
Read more
Ecuador guides five-year bond at 10.75% area
NEW YORK, July 25 (IFR) - The Republic of Ecuador set
guidance of 10.75% area (+/- 1/8) on a long five-year US dollar
bond ahead of pricing later on Monday, according to two buyside
sources.
Read more
guidance of 10.75% area (+/- 1/8) on a long five-year US dollar
bond ahead of pricing later on Monday, according to two buyside
sources.
Read more
Bondholder group vows to boost recovery during Brazil's Oi proceedings
SAO PAULO, July 25 (Reuters) - A group made of about 70
different bondholders in Oi SA vowed on Monday to work towards a
successful in-court reorganization of Brazil's largest
fixed-line phone carrier.
Read more
different bondholders in Oi SA vowed on Monday to work towards a
successful in-court reorganization of Brazil's largest
fixed-line phone carrier.
Read more
Luxottica cuts 2016 guidance after operating profit dips in H1
MILAN, July 25 (Reuters) - Italian eyewear group Luxottica
cut its full-year outlook on Monday after reporting a
2.5 percent drop in adjusted operating profit in the first half
due to weakness in its biggest market North America and poor
weather.
Read more
cut its full-year outlook on Monday after reporting a
2.5 percent drop in adjusted operating profit in the first half
due to weakness in its biggest market North America and poor
weather.
Read more
UPDATE 2-EPA clears path to regulate carbon emissions from U.S. aircraft
WASHINGTON, July 25 (Reuters) - The U.S. Environmental
Protection Agency on Monday finalized its determination that
greenhouse gases from airplanes endanger public health, a
decision that requires the agency to regulate emissions from
U.S. aircraft.
Read more
Protection Agency on Monday finalized its determination that
greenhouse gases from airplanes endanger public health, a
decision that requires the agency to regulate emissions from
U.S. aircraft.
Read more
UPDATE 3-Verizon to buy Yahoo's core business for $4.8 bln in digital ad push
NEW YORK, July 25 (Reuters) - Verizon Communications Inc
said on Monday it would buy Yahoo Inc's core
internet properties for $4.83 billion in cash to expand its
digital advertising and media business, ending a protracted sale
process for the fading Web pioneer.
Read more
said on Monday it would buy Yahoo Inc's core
internet properties for $4.83 billion in cash to expand its
digital advertising and media business, ending a protracted sale
process for the fading Web pioneer.
Read more
Germany plans to extend price brake for drugs under statutory insurance
BERLIN, July 25 (Reuters) - Germany wants to extend a price
brake for drugs covered by statutory health insurance for five
years beyond 2017, stretching out the measure introduced in
2009, a draft law seen by Reuters shows.
Read more
brake for drugs covered by statutory health insurance for five
years beyond 2017, stretching out the measure introduced in
2009, a draft law seen by Reuters shows.
Read more
RPT-Grupo Mexico posts profit of $350 mln in second quarter
July 25 (Reuters) - Mexico's Grupo Mexico posted a net
profit of $350.3 million in the second quarter of this year,
down by 4.3 percent from the same period a year earlier, the
company said on Monday.
Read more
profit of $350.3 million in the second quarter of this year,
down by 4.3 percent from the same period a year earlier, the
company said on Monday.
Read more
BRIEF-KaloBios begins early stage study of leukemia treatment
* KaloBios announces first patient dosed in phase 1 study of
Lenzilumab for the treatment of chronic myelomonocytic leukemia
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Lenzilumab for the treatment of chronic myelomonocytic leukemia
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BRIEF-Home Group to price IPO shares between $14-$16/share
* Sees IPO Of 8.7 million shares of common stock to be
priced between $14.00 and $16.00 per share-SEC filing
Read more
priced between $14.00 and $16.00 per share-SEC filing
Read more
BRIEF-Systemax to sell German operations to Cancom SE
* "transaction will have a positive impact on future overall
financial performance of our emea and consolidated operations"
Read more
financial performance of our emea and consolidated operations"
Read more
BRIEF-Tamarack Valley Energy sees 2016 capital expenditure budget of $45-$53 mln
* Announces closing of strategic acquisitions, new credit
facility and second quarter production
Read more
facility and second quarter production
Read more
BRIEF-Unity Bancorp reports quarterly results
* Unity Bancorp reports 16% increase in quarterly net income
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Source text for Eikon:
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CORRECTED-UPDATE 1-UK Stocks-Factors to watch on July 25
July 25 (Reuters) - Britain's FTSE 100 index is seen opening up 7
points on Monday, according to financial bookmakers. Futures for the index
were up 0.1 percent ahead of the cash market open.
Read more
points on Monday, according to financial bookmakers. Futures for the index
were up 0.1 percent ahead of the cash market open.
Read more
Indonesian tax amnesty could spark outflow from Singapore wealth industry
SINGAPORE, July 25 (Reuters) - Singapore's wealth management
industry is likely to suffer a bad dent as rich Indonesians move
some money back home to take advantage of a tax amnesty, but the
exodus of funds isn't going to be as big as Jakarta is
predicting.
Read more
industry is likely to suffer a bad dent as rich Indonesians move
some money back home to take advantage of a tax amnesty, but the
exodus of funds isn't going to be as big as Jakarta is
predicting.
Read more
European shares advance as Ryanair and William Hill surge
LONDON, July 25 (Reuters) - European stocks rose on Monday,
with low-cost airline Ryanair climbing after it issued a
bullish outlook while shares in William Hill surged on
bid interest from its rivals.
Read more
with low-cost airline Ryanair climbing after it issued a
bullish outlook while shares in William Hill surged on
bid interest from its rivals.
Read more
Sunday, July 24, 2016
Nikkei ends flat as investors take profits, Nintendo poked lower
TOKYO, July 25 (Reuters) - Japan's Nikkei share average
pared early gains and ended flat on Monday as investors took
profits after a Wall Street-inspired rise.
Read more
pared early gains and ended flat on Monday as investors took
profits after a Wall Street-inspired rise.
Read more
UPDATE 1-LVMH sells Donna Karan to G-III in $650 million deal
PARIS, July 25 (Reuters) - French luxury group LVMH
has agreed to sell Donna Karan International to
American manufacturing and licensing company G-III Apparel Group
in a deal valuing the fashion brand at $650 million,
the companies said on Monday.
Read more
has agreed to sell Donna Karan International to
American manufacturing and licensing company G-III Apparel Group
in a deal valuing the fashion brand at $650 million,
the companies said on Monday.
Read more
Malaysia Airlines may announce Boeing order this week - report
KUALA LUMPUR, July 25 (Reuters) - Malaysia Airlines may
announce a plane order of Boeing B737 MAX jets as early
as Wednesday, Business Times reported, as the airline eyes a
fleet expansion by adding long-range narrowbody aircraft.
Read more
announce a plane order of Boeing B737 MAX jets as early
as Wednesday, Business Times reported, as the airline eyes a
fleet expansion by adding long-range narrowbody aircraft.
Read more
PRESS DIGEST- New York Times business news - July 25
July 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
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
Nikkei gains on BOJ stimulus optimism, with tailwind from Wall Street
TOKYO, July 25 (Reuters) - Japan's Nikkei share average got
off to a bright start on Monday, buoyed by gains on Wall Street
and hopes that the Bank of Japan will unveil stimulus steps
later this week.
Read more
off to a bright start on Monday, buoyed by gains on Wall Street
and hopes that the Bank of Japan will unveil stimulus steps
later this week.
Read more
BRIEF-Eastern Platinum continues to investigate transactions undertaken and disclosed by prior management
* Previous Management of disclosed that it reached agreement
with certain holders of minority interests in all of Eastplats'
projects
Read more
with certain holders of minority interests in all of Eastplats'
projects
Read more
Golf-Facing Rio no-shows, golf looks to emerging market growth
July 25 (Reuters) - Golf's return to the Olympics after 112 years may not be as triumphant as many in the sport hoped.
Read more
Read more
BRIEF-Medicinova receives notice of allowance for new patent covering MN-001 and MN-002 for treatment of Fibrosis
* Receives notice of allowance for new patent covering
MN-001 and MN-002 for treatment of Fibrosis
Read more
MN-001 and MN-002 for treatment of Fibrosis
Read more
PRESS DIGEST- Financial Times - July 25
July 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
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
India's GAIL, Russia's Gazprom renegotiating LNG deal -sources
NEW DELHI/MILAN/LONDON, July 25 (Reuters) - GAIL India Ltd
is in talks with Russia's Gazprom to delay and
renegotiate a 20-year gas purchase deal undercut by low spot
prices, sources familiar with the matter say, as weak demand at
home forces it to stall some contracted supply.
Read more
is in talks with Russia's Gazprom to delay and
renegotiate a 20-year gas purchase deal undercut by low spot
prices, sources familiar with the matter say, as weak demand at
home forces it to stall some contracted supply.
Read more
RPT-Apple weathers anti-U.S. demo in China, where patriotic protests snowball
HONG KONG, July 24 (Reuters) - Apple Inc found
itself on the receiving end of a small, short-lived anti-U.S.
protest this week in China, the tech firm's biggest overseas
market and a country where foreign firms have suffered damaging
boycotts following international spats.
Read more
itself on the receiving end of a small, short-lived anti-U.S.
protest this week in China, the tech firm's biggest overseas
market and a country where foreign firms have suffered damaging
boycotts following international spats.
Read more
PRESS DIGEST- British Business - July 25
July 25 - 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
pages of British newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
At least 40 percent of Canada oil spill recovered -officials
July 24 (Reuters) - Authorities have recovered at least 40
percent of the 1,572 barrels of oil that leaked into a major
western Canadian river, but the spill is still moving downstream
and threatening the drinking water of riverside communities,
officials said on Sunday.
Read more
percent of the 1,572 barrels of oil that leaked into a major
western Canadian river, but the spill is still moving downstream
and threatening the drinking water of riverside communities,
officials said on Sunday.
Read more
UPDATE 1-Verizon to announce $5 billion deal to buy Yahoo Monday -source
July 24 (Reuters) - Verizon Communications Inc will
announce an agreement on Monday to buy Yahoo Inc for
about $5 billion, according to a person familiar with the
matter.
Read more
announce an agreement on Monday to buy Yahoo Inc for
about $5 billion, according to a person familiar with the
matter.
Read more
Verizon to announce $5 billion deal to buy Yahoo Monday -source
July 24 (Reuters) - Verizon Communications Inc will
announce an agreement on Monday to buy Yahoo Inc for
about $5 billion, according to a person familiar with the
matter.
Read more
announce an agreement on Monday to buy Yahoo Inc for
about $5 billion, according to a person familiar with the
matter.
Read more
GM re-evaluates India investment, new car platform on hold
NEW DELHI, July 24 (Reuters) - General Motors is
re-evaluating its planned $1 billion investment in India and has
put on hold moves to bring a new car platform to India as it
re-assesses its strategy in the country, according to company
officials.
Read more
re-evaluating its planned $1 billion investment in India and has
put on hold moves to bring a new car platform to India as it
re-assesses its strategy in the country, according to company
officials.
Read more
RPT-Wall St Week Ahead-Silicon Valley leads avalanche of quarterly reports
SAN FRANCISCO, July 22 (Reuters) - A quartet of technology
heavyweights will be part of an avalanche of quarterly corporate
earnings reports next week that, along with a meeting of Federal
Reserve policymakers, could hold the key to whether Wall Street
extends its record-breaking rally or loses steam.
Read more
heavyweights will be part of an avalanche of quarterly corporate
earnings reports next week that, along with a meeting of Federal
Reserve policymakers, could hold the key to whether Wall Street
extends its record-breaking rally or loses steam.
Read more
Ex-Wall Street banker accused of insider tips to father faces trial
NEW YORK, July 24 (Reuters) - Federal prosecutors in
Manhattan are set to face off with a former Wall Street
investment banker in their first insider trading trial since a
U.S. appeals court curtailed their ability to pursue such cases.
Read more
Manhattan are set to face off with a former Wall Street
investment banker in their first insider trading trial since a
U.S. appeals court curtailed their ability to pursue such cases.
Read more
Corporate raiders seek Brexit bargains in Britain
LONDON, July 24 (Reuters) - Overseas buyers lured by a
plunge in the pound are looking to snare British companies on
the cheap, ensuring a steady flow of deals since Britain voted
to leave the European Union and defying expectations of an M&A
drought.
Read more
plunge in the pound are looking to snare British companies on
the cheap, ensuring a steady flow of deals since Britain voted
to leave the European Union and defying expectations of an M&A
drought.
Read more
Saturday, July 23, 2016
Apple weathers anti-U.S. demo in China, where patriotic protests snowball
HONG KONG, July 24 (Reuters) - Apple Inc found
itself on the receiving end of a small, short-lived anti-U.S.
protest this week in China, the tech firm's biggest overseas
market and a country where foreign firms have suffered damaging
boycotts following international spats.
Read more
itself on the receiving end of a small, short-lived anti-U.S.
protest this week in China, the tech firm's biggest overseas
market and a country where foreign firms have suffered damaging
boycotts following international spats.
Read more
UPDATE 1-Canadian authorities seek to contain oil spill moving down river
July 23 (Reuters) - Authorities are building a new
containment boom to fight an oil spill in a major western
Canadian river, officials said on Saturday, after the spill
breached a previous barrier and threatened the drinking water of
several communities along the coast.
Read more
containment boom to fight an oil spill in a major western
Canadian river, officials said on Saturday, after the spill
breached a previous barrier and threatened the drinking water of
several communities along the coast.
Read more
Canadian authorities seek to contain oil spill moving down river
July 23 (Reuters) - Authorities are building a new
containment boom to fight an oil spill in a major western
Canadian river, officials said on Saturday, after the spill
breached a previous barrier and threatened the drinking water
of several communities along the coast.
Read more
containment boom to fight an oil spill in a major western
Canadian river, officials said on Saturday, after the spill
breached a previous barrier and threatened the drinking water
of several communities along the coast.
Read more
Aeropostale accuses Sycamore Partners of 'loan to own' scheme
July 23 (Reuters) - Bankrupt U.S. teen retailer Aeropostale
filed a motion against its lender, private equity
firm Sycamore Partners, in bankruptcy court late on Friday,
accusing it of plotting a "loan to own" scheme to push the chain
into bankruptcy.
Read more
filed a motion against its lender, private equity
firm Sycamore Partners, in bankruptcy court late on Friday,
accusing it of plotting a "loan to own" scheme to push the chain
into bankruptcy.
Read more
Friday, July 22, 2016
REFILE-UPDATE 2-Hershey Trust reaches in-principle reform agreement
July 22 (Reuters) - The board of the charitable trust that
controls Hershey Co said on Friday it had reached an
in-principle agreement with the Pennsylvania Attorney General's
office that would avoid a legal row in exchange for reforms in
how it is run.
Read more
controls Hershey Co said on Friday it had reached an
in-principle agreement with the Pennsylvania Attorney General's
office that would avoid a legal row in exchange for reforms in
how it is run.
Read more
BRIEF-First Bancshares Q2 earnings per share $0.47
* The First Bancshares, Inc. reports a 22% increase in
quarterly net earnings and declares quarterly dividends
Read more
quarterly net earnings and declares quarterly dividends
Read more
Brazil court picks PricewaterhouseCoopers as Oi bankruptcy administrator
SAO PAULO, July 22 (Reuters) - A Brazilian judge overseeing
the bankruptcy protection process of phone carrier Oi SA
on Friday named auditing and advisory firm
PricewaterhouseCoopers as the company's in-court administrator.
Read more
the bankruptcy protection process of phone carrier Oi SA
on Friday named auditing and advisory firm
PricewaterhouseCoopers as the company's in-court administrator.
Read more
UPDATE 1-Brazil's Petrobras plans to sell voting control of BR fuels unit
SAO PAULO/RIO DE JANEIRO, July 22 (Reuters) - Brazil's
Petróleo Brasileiro SA said on Friday it plans to sell voting
control of Petrobras Distribuidora SA after a bidding round for
a minority stake in the fuels retailer failed to attract bids
that met the state-controlled oil company's needs.
Read more
Petróleo Brasileiro SA said on Friday it plans to sell voting
control of Petrobras Distribuidora SA after a bidding round for
a minority stake in the fuels retailer failed to attract bids
that met the state-controlled oil company's needs.
Read more
BRIEF-Onconova adjusts pricing of rights offering
* Onconova adjusts pricing of rights offering
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
UPDATE 1-SEC speeds up listing process for some ETFs
July 22 (Reuters) - The U.S. Securities and Exchange
Commission on Friday approved listing standards for some
exchange-traded funds, paving the way for issuers to bring funds
to the market in weeks instead of months.
Read more
Commission on Friday approved listing standards for some
exchange-traded funds, paving the way for issuers to bring funds
to the market in weeks instead of months.
Read more
Hershey Trust nears governance settlement Pennsylvania AG-sources
July 22 (Reuters) - The board of the charitable trust that
controls Hershey Co is nearing a resolution with the
Pennsylvania Attorney General's office that would avoid a legal
row in exchange for reforms on how it is run, people familiar
with the matter said.
Read more
controls Hershey Co is nearing a resolution with the
Pennsylvania Attorney General's office that would avoid a legal
row in exchange for reforms on how it is run, people familiar
with the matter said.
Read more
REFILE-Unsecured creditors seek quick end to Sports Authority bankruptcy
WILMINGTON, Del., July 22 (Reuters) - Unsecured creditors of
the bankrupt retailer Sports Authority are seeking to convert
the case to a quick liquidation, saying in a Friday court filing
the company should not waste its dwindling funds preparing a
plan to end its Chapter 11.
Read more
the bankrupt retailer Sports Authority are seeking to convert
the case to a quick liquidation, saying in a Friday court filing
the company should not waste its dwindling funds preparing a
plan to end its Chapter 11.
Read more
BRIEF-U.S. Bancorp issued $1.35 bln principal amount of 2.375 pct notes
* Issued $1.35 billion aggregate principal amount of its
2.375% medium-term notes, series V (senior) due July 22, 2026-
SEC filing
Source text for Eikon:
Further company coverage:
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2.375% medium-term notes, series V (senior) due July 22, 2026-
SEC filing
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
EMERGING MARKETS-Latam stocks rise, tracking U.S., currencies mixed
By Bruno Federowski
SAO PAULO, July 22 (Reuters) - Stock markets across Latin
American rose on Friday, tracking U.S. stocks helped by stronger
manufacturing and tech, but currencies in the region were mixed.
Mexico's blue-chip IPC stock index rose 0.36 percent,
driven by financial services and retail company Grupo Elektra
, which rose more than 8 percent a day after it
posted stronger quarterly results.
Brazil's benchmark Bovespa stock index tracked the
S&P 500 higher, with shares of
Read more
SAO PAULO, July 22 (Reuters) - Stock markets across Latin
American rose on Friday, tracking U.S. stocks helped by stronger
manufacturing and tech, but currencies in the region were mixed.
Mexico's blue-chip IPC stock index rose 0.36 percent,
driven by financial services and retail company Grupo Elektra
, which rose more than 8 percent a day after it
posted stronger quarterly results.
Brazil's benchmark Bovespa stock index tracked the
S&P 500 higher, with shares of
Read more
BRIEF-Ana Holdings will handle customs process while shipping goods to Chinese consumers on behalf of Japanese vendors -Nikkei
* Ana Holdings will handle customs process while shipping goods to Chinese
consumers on behalf of Japanese vendors under service to debut in Sept-Nikkei
Read more
consumers on behalf of Japanese vendors under service to debut in Sept-Nikkei
Read more
UPDATE 3-Husky rushes to clean up Canadian oil spill, monitor river impact
July 22 (Reuters) - Husky Energy Inc crews worked
on Friday to contain and clean up an oil spill into a major
western Canadian river, trying to prevent contamination of the
drinking water of communities downstream, company and government
officials said.
Read more
on Friday to contain and clean up an oil spill into a major
western Canadian river, trying to prevent contamination of the
drinking water of communities downstream, company and government
officials said.
Read more
BRIEF-Consolidated-Tomoka land says 2016 EPS guidance of $2.75-$3.00/shr
* Says 2016 EPS guidance of $2.75-$3.00 per share
Source - http://bit.ly/2aj1S2n
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
Source - http://bit.ly/2aj1S2n
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
UPDATE 1-U.S. oil drillers add rigs for fourth straight week - Baker Hughes
(Adds basin details, natural gas rigs to the total count)
July 22 (Reuters) - U.S. drillers this week added oil rigs
for a fourth consecutive week, according to a closely followed
report on Friday, with the recent return to the well pad
expected to soften the decline in domestic crude production.
Drillers added 14 oil rigs in the week to July 22, bringing
the total rig count up to 371, compared with 659 a year ago,
energy services firm Baker Hughes Inc said. That is the
biggest weekly
Read more
BRIEF-Brookfield Canada Office Properties enters into agreement with Scotiabank to lease 140,000 square feet at Brookfield Place Calgary
* Brookfield Canada Office Properties enters into agreement
with Scotiabank to lease 140,000 square feet at Brookfield Place
Calgary
Source text for Eikon:
Further company coverage:
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with Scotiabank to lease 140,000 square feet at Brookfield Place
Calgary
Source text for Eikon:
Further company coverage:
Read more
L'Oreal buys IT Cosmetics for $1.2 billion
PARIS, July 22 (Reuters) - Cosmetics company L'Oreal
has agreed to buy IT Cosmetics, a U.S. maker of beauty
products for women with severe skin conditions, for $1.2
billion, the French firm said on Friday.
Read more
has agreed to buy IT Cosmetics, a U.S. maker of beauty
products for women with severe skin conditions, for $1.2
billion, the French firm said on Friday.
Read more
JPMorgan to exit government securities settlement business
NEW YORK, July 22 (Reuters) - JPMorgan Chase & Co.
plans to end services on settling government securities after a
review of its businesses, a bank spokesperson said on Friday.
Read more
plans to end services on settling government securities after a
review of its businesses, a bank spokesperson said on Friday.
Read more
Dash to write CMBS loans before new rules kick in
NEW YORK, July 22 (IFR) - Lenders in the CMBS market are
making a mad dash to write loans before new risk retention rules
take effect later this year that could slam the brakes on deal
flow, several loan brokers said.
Read more
making a mad dash to write loans before new risk retention rules
take effect later this year that could slam the brakes on deal
flow, several loan brokers said.
Read more
US STOCKS-Wall St inches up, led by telecoms; GE holds back Dow
* Indexes up: Dow 0.04 pct, S&P 0.21 pct, Nasdaq 0.31 pct
(Adds details, comments, updates)
Read more
(Adds details, comments, updates)
Read more
Investors scrap for Teva Pharmaceutical bonds
NEW YORK, July 22 (IFR) - Teva Pharmaceutical raised more
than US$20bn across three currencies this week via an
acquisition-driven bond that took advantage of pent-up demand
for corporate paper in a yield-starved market.
Read more
than US$20bn across three currencies this week via an
acquisition-driven bond that took advantage of pent-up demand
for corporate paper in a yield-starved market.
Read more
CANADA STOCKS-TSX barely lower; eyes fourth straight weekly gain
TORONTO, July 22 (Reuters) - Canada's main stock index was
little changed in early trade on Friday, pausing on the way to a
fourth straight weekly gain, as banks, telecoms and energy
stocks rose and the materials sector fell.
Read more
little changed in early trade on Friday, pausing on the way to a
fourth straight weekly gain, as banks, telecoms and energy
stocks rose and the materials sector fell.
Read more
BRIEF-People's United Financial Inc sees 2016 net interest income growth of 5-7 pct
* People's United Financial Inc sees 2016 net interest
income growth in the range of 5% to 7% -SEC filing
Source text for Eikon:
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income growth in the range of 5% to 7% -SEC filing
Source text for Eikon:
Further company coverage:
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BRIEF-CVI Investments reports 6.9 pct passive stake in xG Technology as of July 15
* CVI Investments Inc reports 6.9 percent passive stake in
xG Technology Inc as of July 15 - SEC filing
Source text (http://bit.ly/29YoZPa)
Further company coverage:
(Bengaluru Newsroom : +1-646-223-8780)
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xG Technology Inc as of July 15 - SEC filing
Source text (http://bit.ly/29YoZPa)
Further company coverage:
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Read more
PRESS DIGEST- Canada - July 22
July 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
INSIGHT-When does Brexit mean Brexit: Could the UK change its mind?
LONDON, July 22 (Reuters) - Since entering Downing Street as
Britain's new prime minister last week, Theresa May has quickly
dispelled hopes that the UK might change its mind about leaving
the European Union.
Read more
Britain's new prime minister last week, Theresa May has quickly
dispelled hopes that the UK might change its mind about leaving
the European Union.
Read more
UPDATE 1-Honeywell's quarterly profit beats estimates
July 22 (Reuters) - Honeywell International Inc
reported a better-than-expected quarterly profit, helped by
higher sales in its automation and climate control systems
division.
Read more
reported a better-than-expected quarterly profit, helped by
higher sales in its automation and climate control systems
division.
Read more
CORRECTED-UPDATE 1-GM, Isuzu to end pick-up truck development partnership
BEIJING/TOKYO, July 22 (Reuters) - General Motors Co
and Isuzu Motor Co have agreed to cease collaboration
on the development of midsize pick-up trucks made in Asia,
ending a joint product development relationship that dates back
to the mid-2000s.
Read more
and Isuzu Motor Co have agreed to cease collaboration
on the development of midsize pick-up trucks made in Asia,
ending a joint product development relationship that dates back
to the mid-2000s.
Read more
RPT-To wonks hungry for policy details, Trump team serves lighter fare
CLEVELAND, July 21 (Reuters) - People seeking a deeper
understanding of Donald Trump's economic policy came up
empty-handed this week at the Republican National Convention.
Read more
understanding of Donald Trump's economic policy came up
empty-handed this week at the Republican National Convention.
Read more
GLOBAL MARKETS-Stocks slip from highs; focus on G20, PMIs
LONDON, July 22 (Reuters) - Shares fell on Friday after soft
U.S. corporate results pulled Wall Street back from record
highs, and as a string of data gave investors one of the first
glimpses of the impact on global economic activity of Britain's
vote to leave the EU.
Read more
U.S. corporate results pulled Wall Street back from record
highs, and as a string of data gave investors one of the first
glimpses of the impact on global economic activity of Britain's
vote to leave the EU.
Read more
LVMH arm buys slice of Seoul cosmetics firm CLIO as S.Korea beauty business booms
SEOUL, July 22 (Reuters) - An investment arm of French
luxury goods giant LVMH said it took a minority stake
in South Korea's CLIO Cosmetics, swelling the ranks of global
investors placing a bet on booming demand for Korean beauty
products in major markets like China.
Read more
luxury goods giant LVMH said it took a minority stake
in South Korea's CLIO Cosmetics, swelling the ranks of global
investors placing a bet on booming demand for Korean beauty
products in major markets like China.
Read more
Thursday, July 21, 2016
RPT-Amazon set to increase bet on Italy's digital turnaround plan - sources
MILAN, July 22 (Reuters) - Online retailer Amazon.com
is set to announce on Friday the first in a series of
investments in Italy worth at least 500 million euros ($550
million), a bet on the government's plan to go from laggard to
leader in digital commerce, sources said.
Read more
is set to announce on Friday the first in a series of
investments in Italy worth at least 500 million euros ($550
million), a bet on the government's plan to go from laggard to
leader in digital commerce, sources said.
Read more
UPDATE 1-UK Stocks-Factors to watch on July 22
July 22 (Reuters) - Britain's FTSE 100 index is seen FTSE 100 down
20 points, or 0.3 pct lower, at the open on Friday, according to financial
spreadbetters, with futures down 0.4 pct ahead of cash market open.
Read more
20 points, or 0.3 pct lower, at the open on Friday, according to financial
spreadbetters, with futures down 0.4 pct ahead of cash market open.
Read more
Traders eye export markets as U.S. crude futures pummeled
HOUSTON, July 22 (Reuters) - A ballooning spread between the
price of U.S. and European oil, coupled with lower shipping
costs, has traders scrambling to take advantage of what may be a
brief window of opportunity to ship crude to higher priced
markets.
Read more
price of U.S. and European oil, coupled with lower shipping
costs, has traders scrambling to take advantage of what may be a
brief window of opportunity to ship crude to higher priced
markets.
Read more
German stocks - Factors to watch on July 22
BERLIN/FRANKFURT, July 22 (Reuters) - The following are some
of the factors that may move German stocks on Friday:
Read more
of the factors that may move German stocks on Friday:
Read more
BRIEF-Pokemon Co, Niantic announce Pokemon GO launch in Japan
* Pokemon Co, Niantic announce Pokemon GO launch in Japan
Source text for Eikon:
Further company coverage:
(Reporting By William Mallard)
Read more
Source text for Eikon:
Further company coverage:
(Reporting By William Mallard)
Read more
BRIEF-McDonald's Japan says becomes a 'launch partner' of Pokemon GO
* McDonald's Japan says becomes a 'launch partner' of
Pokemon GO
Source text for Eikon:
Further company coverage: [ ]
(Reporting By William Mallard)
Read more
Pokemon GO
Source text for Eikon:
Further company coverage: [ ]
(Reporting By William Mallard)
Read more
UPDATE 1-Goldman Sachs raising $5 bln-$8 bln for private equity fund -source
July 21 (Reuters) - Goldman Sachs Group Inc will
start marketing a new corporate buyout fund of $5 billion to $8
billion, its first such fund since the 2008 financial crisis,
according to a source familiar with the matter.
Read more
start marketing a new corporate buyout fund of $5 billion to $8
billion, its first such fund since the 2008 financial crisis,
according to a source familiar with the matter.
Read more
BRIEF-S&P says Aetna and Humana placed on creditwatch following U.S. DOJ announcement
* Intend to resolve the creditwatch placements after we
evaluate additional details surrounding the suit and assess
potential courses of action
Read more
evaluate additional details surrounding the suit and assess
potential courses of action
Read more
BRIEF-ConocoPhillips says planning to shed another 1,000 jobs, about 6 pct of global workforce - Fuelfix
* ConocoPhillips says it's planning to shed another 1,000 jobs, about 6 percent of its
global workforce - Fuelfix
Source text - (http://bit.ly/29X0Et7)
Further company coverage:
(Bengaluru Newsroom)
Read more
global workforce - Fuelfix
Source text - (http://bit.ly/29X0Et7)
Further company coverage:
(Bengaluru Newsroom)
Read more
UPDATE 2-Liberty Media CEO made offer for Pandora in recent months - WSJ
July 21 (Reuters) - Liberty Media Corp Chief
Executive Greg Maffei made an offer to buy internet radio
company Pandora Media Inc in recent months, valuing the
company at more than $3.4 billion, the Wall Street Journal
reported on Thursday.
Read more
Executive Greg Maffei made an offer to buy internet radio
company Pandora Media Inc in recent months, valuing the
company at more than $3.4 billion, the Wall Street Journal
reported on Thursday.
Read more
U.S.-based emerging-market debt funds attract most money on record -Lipper
NEW YORK, July 21 (Reuters) - Investors poured the most
money on record into U.S.-based funds that buy emerging-market
countries' debt in the week ended July 20, Thomson Reuters
Lipper data showed on Thursday.
Read more
money on record into U.S.-based funds that buy emerging-market
countries' debt in the week ended July 20, Thomson Reuters
Lipper data showed on Thursday.
Read more
UPDATE 2-Boeing to take more than $2 bln in accounting charges
July 21 (Reuters) - Boeing Co said on Thursday it
will take more than $2 billion in accounting charges related to
the 787, 747 and KC-46 tanker aircraft program when it reports
second-quarter results on Wednesday.
Read more
will take more than $2 billion in accounting charges related to
the 787, 747 and KC-46 tanker aircraft program when it reports
second-quarter results on Wednesday.
Read more
BRIEF-Puma Biotechnology announces 5-year data on breast cancer
* "look forward to obtaining full 5-year dfs data, which we
anticipate will be available in 2017"
Read more
anticipate will be available in 2017"
Read more
UPDATE 1-JPMorgan to pay about $200 mln to settle Asia hiring probes
July 21 (Reuters) - JPMorgan Chase and Co is
expected to pay about $200 million to settle criminal and civil
probes over its Asian hiring practices, according to a person
familiar with the matter.
Read more
expected to pay about $200 million to settle criminal and civil
probes over its Asian hiring practices, according to a person
familiar with the matter.
Read more
BRIEF-Teva announces pricing of additional CHF1.0 billion of senior notes
* Teva announces pricing of additional CHF1.0 billion of senior notes in
connection with pending acquisition of actavis generics
Read more
connection with pending acquisition of actavis generics
Read more
BRIEF-Jaguar Resources appoints Randy Boyd as new CFO
* Announces Randy Boyd as new CFO
Source text for Eikon:
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Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
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BRIEF-Joy Global says Komatsu to pay co $150 mln if deal terminated
* If merger terminated, Komatsu to pay co termination fee of
$150 million in cash
Source text http://bit.ly/2a2xhIy
Further company coverage:
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$150 million in cash
Source text http://bit.ly/2a2xhIy
Further company coverage:
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BRIEF-Alaska Air says Virgin America to become unit after deal closes - Conf Call
* Says Virgin America to become unit after deal closes,
expects single-operating certificate in Q1 2018
Read more
expects single-operating certificate in Q1 2018
Read more
UPDATE 1-ExxonMobil to buy InterOil for about $2.5 bln
July 21 (Reuters) - ExxonMobil Corp said on Thursday
it would buy InterOil Corp for more than $2.5 billion in
stock, adding a gas field to expand its exports from Papua New
Guinea.
Read more
it would buy InterOil Corp for more than $2.5 billion in
stock, adding a gas field to expand its exports from Papua New
Guinea.
Read more
BRIEF-Newmont to consider mine extensions, exploration, dividend
* Newmont Chief Financial Officer: Plan to reassess dividend
later this year, "would expect to be able to adjust it, given
our strong cash performance"
Read more
later this year, "would expect to be able to adjust it, given
our strong cash performance"
Read more
BRIEF-General Mills to close snacks manufacturing facility in MarÃlia, Brazil - SEC Filing
* To eliminate excess capacity, will close snacks
manufacturing facility in MarÃlia, Brazil
Read more
manufacturing facility in MarÃlia, Brazil
Read more
BRIEF-Patheon NV shares open 19 pct above IPO price in market debut
* Patheon NV shares open at $25 in debut, above IPO price of
$21.00 per share
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
$21.00 per share
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
CANADA STOCKS-TSX opens slightly higher, materials stocks rise
TORONTO, July 21 (Reuters) - Canada's main stock index
opened slightly higher on Thursday, as materials stocks bounced
and industrial and financial stocks slipped.
Read more
opened slightly higher on Thursday, as materials stocks bounced
and industrial and financial stocks slipped.
Read more
BRIEF-Bankers Petroleum says Geo-Jade to buy all common shares of company
* Arrangement agreement has been amended to extend deadline
to receive People's Republic Of China approvals from June 30 to
July 31
Read more
to receive People's Republic Of China approvals from June 30 to
July 31
Read more
BRIEF-Alon Blue says it filed for approval of creditor arrangement with Court
* Alon Blue Square announces filing with Court of request
for approval of creditor arrangement
Read more
for approval of creditor arrangement
Read more
Dunkin' Brands quarterly revenue rises 2.3 pct
July 21 (Reuters) - Dunkin' Brands Group Inc's
quarterly sales rose 2.3 percent as demand increased for its
flavored iced coffee and it benefited from a new feature on its
app that allows customers to quickly place and take out orders.
Read more
quarterly sales rose 2.3 percent as demand increased for its
flavored iced coffee and it benefited from a new feature on its
app that allows customers to quickly place and take out orders.
Read more
Alaska Air Group profit rises 11 pct
July 21 (Reuters) - Alaska Air Group Inc, the
operator of Alaska Airlines, reported an 11 percent increase in
second-quarter profit, helped by lower fuel prices.
Read more
operator of Alaska Airlines, reported an 11 percent increase in
second-quarter profit, helped by lower fuel prices.
Read more
Silicon Valley's Yahoo diaspora mourns company's decline
SAN FRANCISCO July 21 (Reuters) - Former Yahoo executive Dan
Rosensweig has not worked at the pioneering internet company in
nearly a decade.
Read more
Rosensweig has not worked at the pioneering internet company in
nearly a decade.
Read more
UPDATE 1-Galenica to buy biotech firm Relypsa for $1.5 bln before break-up
July 21 (Reuters) - Galenica has agreed to buy U.S.
biotech firm Relypsa for $1.53 billion in cash to
strengthen its Vifor Pharma unit ahead of splitting up the Swiss
healthcare group.
Read more
biotech firm Relypsa for $1.53 billion in cash to
strengthen its Vifor Pharma unit ahead of splitting up the Swiss
healthcare group.
Read more
Wednesday, July 20, 2016
Galenica to acquire U.S. biopharma firm Relypsa for $1.53 bln in cash
July 21 (Reuters) - Galenica said it has agreed to
buy U.S. biopharma company Relypsa for $1.53 billion in
cash to strengthen its Vifor Pharma unit.
Read more
buy U.S. biopharma company Relypsa for $1.53 billion in
cash to strengthen its Vifor Pharma unit.
Read more
French and Benelux stocks-Factors to watch on July 21
PARIS, July 21 (Reuters) - Below are company-related news
and stories from French and Benelux media which could have an
impact on the region's markets or individual stocks.
Read more
and stories from French and Benelux media which could have an
impact on the region's markets or individual stocks.
Read more
Blockbuster ratings may give Fox News room to revive after Ailes exit
NEW YORK, July 21 (Reuters) - The imminent departure of
founder and Chief Executive Roger Ailes may not come at an ideal
time for Fox News Channel, but the momentum of record ratings
amid the most sensational U.S. presidential election in decades
may give the cable network some breathing room to recover, media
buyers and Wall Street analysts said.
Read more
founder and Chief Executive Roger Ailes may not come at an ideal
time for Fox News Channel, but the momentum of record ratings
amid the most sensational U.S. presidential election in decades
may give the cable network some breathing room to recover, media
buyers and Wall Street analysts said.
Read more
RPT-Singapore says has seized S$240 million in assets in 1MDB-related probe
SINGAPORE, July 21 (Reuters) - Singapore authorities have
seized assets worth S$240 million in an investigation of
1MDB-related fund flows for possible money laundering, in a
probe which has found "deficiencies" at several major banks in
the city-state.
Read more
seized assets worth S$240 million in an investigation of
1MDB-related fund flows for possible money laundering, in a
probe which has found "deficiencies" at several major banks in
the city-state.
Read more
Nikkei rises to 7-week high on weak yen, stimulus hopes
TOKYO, July 21 (Reuters) - Japan's Nikkei share average rose
to a seven-week high on Thursday morning, buoyed by gains in
Wall Street and a weaker yen, and fresh expectations of large
stimulus measures from the government lifted risk appetite.
Read more
to a seven-week high on Thursday morning, buoyed by gains in
Wall Street and a weaker yen, and fresh expectations of large
stimulus measures from the government lifted risk appetite.
Read more
Pemex Tula refinery briefly halts production after power outage
MEXICO CITY, July 20 (Reuters) - Mexico's state-owned oil
company Pemex said on Wednesday that a power outage at its
second biggest refinery briefly interrupted production.
Read more
company Pemex said on Wednesday that a power outage at its
second biggest refinery briefly interrupted production.
Read more
PRESS DIGEST- British Business - July 21
July 21 (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
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
BRIEF-Amgen announces settlement of securities litigation
* Settlement class consists of purchasers of Amgen's
publicly-traded securities during period from April 22, 2004,
through May 10, 2007
Read more
publicly-traded securities during period from April 22, 2004,
through May 10, 2007
Read more
UPDATE 2-Intel's slowing data center growth overshadows strong profit
July 20 (Reuters) - Intel Corp on Wednesday
reported slower revenue growth at its data center business,
which makes semiconductors used in high-end servers,
overshadowing a better-than-expected quarterly profit.
Read more
reported slower revenue growth at its data center business,
which makes semiconductors used in high-end servers,
overshadowing a better-than-expected quarterly profit.
Read more
S.Korea probes Google for anti-competitive behaviour-Yonhap
SEOUL, July 21 (Reuters) - South Korea's antitrust regulator
conducted an inspection of Google's local headquarters to
investigate whether the firm is engaged in anticompetitive
behaviour over its Android operating system, Yonhap News Agency
reported on Thursday.
Read more
conducted an inspection of Google's local headquarters to
investigate whether the firm is engaged in anticompetitive
behaviour over its Android operating system, Yonhap News Agency
reported on Thursday.
Read more
UPDATE 1-Freddie Mac must face revived lawsuit over subprime exposure
July 20 (Reuters) - A federal appeals court on Wednesday
revived Ohio's lawsuit accusing Freddie Mac of
defrauding the state's $87.3 billion public pension fund by
hiding its exposure to subprime and other risky mortgages prior
to the 2007-09 financial crisis.
Read more
revived Ohio's lawsuit accusing Freddie Mac of
defrauding the state's $87.3 billion public pension fund by
hiding its exposure to subprime and other risky mortgages prior
to the 2007-09 financial crisis.
Read more
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