* Sunstorm Holding AB, controlled by EQT V Ltd and Accent
Equity 2003, in each case through companies, ("Sunstorm"), has
sold in total 15.6 million shares in Scandic Hotels Group AB
("Scandic") through an accelerated bookbuilding process to
Swedish and international institutional investors at a price of
SEK 69.5 per share (the "Placement").
For the original story click here: http://mb.cision.com/Main/87/2069433/556108.pdf
Further company coverage:
(Stockholm Newsroom)
Read more
Wednesday, August 31, 2016
Ferrellgas sheds rail terminal contract as oil prices fall
NEW YORK, Sept 1 (Reuters) - Ferrellgas Partners LP
has quietly shed a five-year contract at a Philadelphia-area
crude rail terminal just a year after it obtained it through a
deal that gave the propane company its first foothold in the oil
logistics business.
Read more
has quietly shed a five-year contract at a Philadelphia-area
crude rail terminal just a year after it obtained it through a
deal that gave the propane company its first foothold in the oil
logistics business.
Read more
Macau gambling revenue breaks 2-yr downward trend with 1 pct August rise
HONG KONG, Sept 1 (Reuters) - Macau, the world's biggest
casino hub, posted a 1.1 percent rise in gambling revenue in
August, the first positive monthly year-over-year growth in more
than two years, after the opening of Wynn Macau's $4
billion resort in the southern Chinese territory.
Read more
casino hub, posted a 1.1 percent rise in gambling revenue in
August, the first positive monthly year-over-year growth in more
than two years, after the opening of Wynn Macau's $4
billion resort in the southern Chinese territory.
Read more
UPDATE 3-Ex-Air China worker charged by U.S. for smuggling for Chinese military
NEW YORK, Aug 31 (Reuters) - An ex-Air China Ltd
employee was indicted on Wednesday for smuggling packages onto
flights from New York to China on behalf of Chinese military
personnel stationed at the country's U.N. mission, U.S.
prosecutors said.
Read more
employee was indicted on Wednesday for smuggling packages onto
flights from New York to China on behalf of Chinese military
personnel stationed at the country's U.N. mission, U.S.
prosecutors said.
Read more
Wal-Mart plans early layaways to catch 'Star Wars' boost
CHICAGO, Sept 1 (Reuters) - For the second year in a row,
Wal-Mart Stores Inc will begin its holiday layaway
program two weeks early, hoping for a head start to the year-end
shopping season and a repeat of last year's strong toy sales
driven by "Star Wars" products.
Read more
Wal-Mart Stores Inc will begin its holiday layaway
program two weeks early, hoping for a head start to the year-end
shopping season and a repeat of last year's strong toy sales
driven by "Star Wars" products.
Read more
Nikkei edges up as gains by banks offset weak mining stocks
TOKYO, Sept 1 (Reuters) - Japanese stocks edged up in choppy
trade on Thursday morning as gains by banks offset weak mining
shares, while many investors waited for jobs data to provide
clues on when there will be U.S. rate hike.
Read more
trade on Thursday morning as gains by banks offset weak mining
shares, while many investors waited for jobs data to provide
clues on when there will be U.S. rate hike.
Read more
UPDATE 6-Brazil's Rousseff ousted by Senate, Temer sworn in
BRASILIA, Aug 31 (Reuters) - Brazil's Senate ousted
President Dilma Rousseff on Wednesday, ending an impeachment
process that polarized Latin America's biggest country amid a
massive corruption scandal and brutal economic crisis.
Read more
President Dilma Rousseff on Wednesday, ending an impeachment
process that polarized Latin America's biggest country amid a
massive corruption scandal and brutal economic crisis.
Read more
State Grid to conclude Brazil's CPFL deal Friday -source
SAO PAULO, Aug 31 (Reuters) - State Grid Corp of China
plans to sign final terms of the purchase of a 23.6
percent stake in Brazilian power holding company CPFL Energia SA
from conglomerate Camargo Correa SA as early as Friday, said a
person directly involved in the matter.
Read more
plans to sign final terms of the purchase of a 23.6
percent stake in Brazilian power holding company CPFL Energia SA
from conglomerate Camargo Correa SA as early as Friday, said a
person directly involved in the matter.
Read more
SolarCity advisor Lazard made mistake in deal with Tesla
Aug 31 (Reuters) - Lazard Ltd, the investment bank
that advised SolarCity Corp on its $2.6 billion sale to Tesla
Motors Inc, made an error in its analysis that
discounted the value of the U.S. solar energy company by $400
million, a regulatory filing by Tesla showed on Wednesday.
Read more
that advised SolarCity Corp on its $2.6 billion sale to Tesla
Motors Inc, made an error in its analysis that
discounted the value of the U.S. solar energy company by $400
million, a regulatory filing by Tesla showed on Wednesday.
Read more
BRIEF-Harris files for potential mixed shelf size not disclosed - SEC filing
* Files for potential mixed shelf; size not disclosed - SEC filing
Source - (http://bit.ly/2bCYCgu)
Further company coverage:
Read more
Source - (http://bit.ly/2bCYCgu)
Further company coverage:
Read more
UPDATE 1-McDonald's names new head of U.S. unit
LOS ANGELES, Aug 31 (Reuters) - McDonald's Corp on
Wednesday said Michael Andres will retire as president of
McDonald's USA at the end of the year as the fast-food chain
fights to maintain the momentum of its turnaround plan amid
intense competition from industry rivals and low grocery prices.
Read more
Wednesday said Michael Andres will retire as president of
McDonald's USA at the end of the year as the fast-food chain
fights to maintain the momentum of its turnaround plan amid
intense competition from industry rivals and low grocery prices.
Read more
BRIEF-Cowen says estimated unaudited amount of AUM was about $12.5 bln as of August 1
* As of August 1, 2016, estimated unaudited amount of assets
under management was about $12.5 billion, a net decrease of
about$0.49 billion since July 1, 2016.
Source text for Eikon:
Further company coverage:
Read more
under management was about $12.5 billion, a net decrease of
about$0.49 billion since July 1, 2016.
Source text for Eikon:
Further company coverage:
Read more
Wells Fargo, Amazon end deal to offer discounted student loans
Aug 31 (Reuters) - Wells Fargo & Co and Amazon.com
Inc said they had ended a partnership to offer
discounted student loans to the online retailer's "Prime
Student" customers, about six weeks after announcing the deal.
Read more
Inc said they had ended a partnership to offer
discounted student loans to the online retailer's "Prime
Student" customers, about six weeks after announcing the deal.
Read more
Cloud management company Box's quarterly revenue jumps 30 pct
Aug 31 (Reuters) - Cloud management company Box Inc's
quarterly revenue jumped 30.3 percent as the company
added customers.
Read more
quarterly revenue jumped 30.3 percent as the company
added customers.
Read more
UPDATE 3-Cooperman on CNBC says U.S. equities 'fairly but fully valued'
NEW YORK, Aug 31 (Reuters) - Hedge fund investor Leon
Cooperman, the chief executive and chairman of Omega Advisors,
said on Wednesday on CNBC that equity markets are "fairly but
fully valued."
Read more
Cooperman, the chief executive and chairman of Omega Advisors,
said on Wednesday on CNBC that equity markets are "fairly but
fully valued."
Read more
UPDATE 1-Japanese airline ANA to replace 100 Rolls engines on 787s
SEATTLE, Aug 31 (Reuters) - ANA Holdings Inc,
Japan's largest airline, said on Wednesday it will replace all
100 Rolls-Royce engines on its fleet of Boeing 787
Dreamliners following three engine failures this year caused by
corrosion and cracking of turbine blades.
Read more
Japan's largest airline, said on Wednesday it will replace all
100 Rolls-Royce engines on its fleet of Boeing 787
Dreamliners following three engine failures this year caused by
corrosion and cracking of turbine blades.
Read more
MOVES: BTG Pactual rehires LatAm syndicate head
NEW YORK, Aug 31 (IFR) - Cynthia Powell is returning to BTG
Pactual in her former role as LatAm syndicate head in New York
just eight months after the Brazilian bank let her go, a source
told IFR on Wednesday.
Read more
Pactual in her former role as LatAm syndicate head in New York
just eight months after the Brazilian bank let her go, a source
told IFR on Wednesday.
Read more
Citibank resigning as pay agent on PDVSA bonds -sources
CARACAS, Aug 31 (Reuters) - Citibank is stepping aside as
the bank in charge of making payments on bonds issued by
Venezuelan state oil company PDVSA, according to three sources
with knowledge of the matter and a letter to bondholders seen by
Reuters.
Read more
the bank in charge of making payments on bonds issued by
Venezuelan state oil company PDVSA, according to three sources
with knowledge of the matter and a letter to bondholders seen by
Reuters.
Read more
UPDATE 1-Infoblox begins negotiations to sell itself - sources
Aug 31 (Reuters) - U.S. network security firm Infoblox Inc
has launched a process to sell itself after it received
buyout interest from private equity firms and it came under
pressure from activist fund Starboard Value LP, people familiar
with the matter said.
Read more
has launched a process to sell itself after it received
buyout interest from private equity firms and it came under
pressure from activist fund Starboard Value LP, people familiar
with the matter said.
Read more
Investors pull most from U.S. stock funds invested abroad since May -ICI
By Trevor Hunnicutt
NEW YORK, Aug 31 (Reuters) - Investors took back the most
money since May from U.S.-based funds that buy international
stocks, further hemming in their exposure to Europe and Japan,
Investment Company Institute data for the latest week showed on
Wednesday.
The international stock funds recorded $2.2 billion in
withdrawals during the week, the data showed, the largest
outflows since roughly the same amount fled the funds at the end
of May.
"A stronger U.S. dollar,
Read more
NEW YORK, Aug 31 (Reuters) - Investors took back the most
money since May from U.S.-based funds that buy international
stocks, further hemming in their exposure to Europe and Japan,
Investment Company Institute data for the latest week showed on
Wednesday.
The international stock funds recorded $2.2 billion in
withdrawals during the week, the data showed, the largest
outflows since roughly the same amount fled the funds at the end
of May.
"A stronger U.S. dollar,
Read more
UPDATE 1-Areva rejects GE offer for Adwen JV offshore wind assets - sources
MADRID/FRANKFURT/PARIS, Aug 31 (Reuters) - French nuclear
power engineering group Areva has rejected a
non-binding offer from General Electric for assets
belonging to the Adwen offshore wind power joint venture between
Gamesa and Areva, sources close to the talks have told
Reuters.
Read more
power engineering group Areva has rejected a
non-binding offer from General Electric for assets
belonging to the Adwen offshore wind power joint venture between
Gamesa and Areva, sources close to the talks have told
Reuters.
Read more
UPDATE 1-RBC to pay $2.5 mln for proxy violations over Rural/Metro sale-SEC
Aug 31 (Reuters) - A Royal Bank of Canada unit has
agreed to pay $2.5 million for causing false and misleading
disclosures in a proxy statement for the sale of ambulance
company Rural/Metro Corp, the U.S. Securities and Exchange
Commission said on Wednesday.
Read more
agreed to pay $2.5 million for causing false and misleading
disclosures in a proxy statement for the sale of ambulance
company Rural/Metro Corp, the U.S. Securities and Exchange
Commission said on Wednesday.
Read more
UPDATE 1-Irish cabinet may need more time to decide on Apple appeal- minister
* Opinion split on Dublin streets over 13 billion euros
(Adds comments from Irish PM, vox pop, analyst)
Read more
(Adds comments from Irish PM, vox pop, analyst)
Read more
BRIEF-LM Funding America implements cost cutting initiative
* Says has implemented a cost cutting initiative that is
expected to reduce expenses by approximately $2 million annually
Read more
expected to reduce expenses by approximately $2 million annually
Read more
UPDATE 1-U.S. Treasury says EU's Apple tax ruling aimed at U.S. companies
WASHINGTON, Aug 31 (Reuters) - The U.S. Treasury sought to
keep pressure on the European Union to rescind a ruling that
Apple Inc pay up to $14.5 billion in back taxes, a move
Washington says breaches international tax rules and sets the
stage for more actions against U.S. companies.
Read more
keep pressure on the European Union to rescind a ruling that
Apple Inc pay up to $14.5 billion in back taxes, a move
Washington says breaches international tax rules and sets the
stage for more actions against U.S. companies.
Read more
Deutsche Bank, Commerzbank held talks about tie-up - source
FRANKFURT, Aug 31 (Reuters) - Top executives of Deutsche
Bank and Commerzbank have held talks on a
potential combination of Germany's no. 1 and 2 banks earlier
this month, a source familiar with the matter said.
Read more
Bank and Commerzbank have held talks on a
potential combination of Germany's no. 1 and 2 banks earlier
this month, a source familiar with the matter said.
Read more
US STOCKS SNAPSHOT-Wall St opens lower as oil prices drop
Aug 31 (Reuters) - U.S. stocks opened slightly lower on
Wednesday as oil prices dropped more than 1 percent on the back
of a stronger dollar.
Read more
Wednesday as oil prices dropped more than 1 percent on the back
of a stronger dollar.
Read more
CANADA STOCKS-TSX falls as lower oil and gold prices weigh
TORONTO, Aug 31 (Reuters) - Canada's main stock index fell
on Wednesday as lower oil and gold prices weighed on energy and
mining stocks, while financial stocks also declined.
Read more
on Wednesday as lower oil and gold prices weighed on energy and
mining stocks, while financial stocks also declined.
Read more
UPDATE 2-Nokia's patent chief departs in wake of Samsung pacts
HELSINKI/FRANKFURT, Aug 31 (Reuters) - The head of Nokia's
small, but highly profitable patent licensing
division is leaving after two years in the role, the Finnish
company said on Wednesday, weeks after he sealed a pace-setting
patent deal with Samsung Electronics.
Read more
small, but highly profitable patent licensing
division is leaving after two years in the role, the Finnish
company said on Wednesday, weeks after he sealed a pace-setting
patent deal with Samsung Electronics.
Read more
BRIEF-Philips and Qualcomm announce strategic collaboration to advance personalized connected health care
* Philips and Qualcomm announce strategic collaboration to
advance personalized connected health care
Source text for Eikon:
Further company coverage:
Read more
advance personalized connected health care
Source text for Eikon:
Further company coverage:
Read more
GLOBAL MARKETS-U.S. 10-year yield heads for biggest monthly rise in over a year
LONDON, Aug 31 (Reuters) - U.S. Treasury 10-year yields were
on course for their biggest monthly increase in more than a year
on Wednesday as investors built up bets that the Federal Reserve
will raise interest rates before the year is out.
Read more
on course for their biggest monthly increase in more than a year
on Wednesday as investors built up bets that the Federal Reserve
will raise interest rates before the year is out.
Read more
BRIEF-National Bank of Canada sets quarterly dividend of C$0.55 per share
* Sets quarterly dividend of C$0.55per share
Source text for Eikon:
Further company coverage:
Read more
Source text for Eikon:
Further company coverage:
Read more
Israel's Delek considers spinning off Tamar stake into public company
JERUSALEM, Aug 31 (Reuters) - Israeli conglomerate Delek
Group is considering spinning off its holdings in the
large Tamar natural gas field into a separate publicly traded
company.
Read more
Group is considering spinning off its holdings in the
large Tamar natural gas field into a separate publicly traded
company.
Read more
BRIEF-China Molybdenum's unit gets Zambia competition authorities' approval to acquire stake in Tenke project
* Says unit CMOC Ltd gets Zambia competition authorities'
approval to acquire stakes in Tenke copper project from
Freeport-McMoran
Read more
approval to acquire stakes in Tenke copper project from
Freeport-McMoran
Read more
GLOBAL MARKETS-US 10-yr yield on for biggest monthly rise in over a year
LONDON, Aug 31 (Reuters) - Bond yields rose on Wednesday,
with 10-year U.S. Treasury yields on course for their biggest
monthly rise in over a year as investors continued to build up
bets that the Federal Reserve will raise interest rates before
the year is out.
Read more
with 10-year U.S. Treasury yields on course for their biggest
monthly rise in over a year as investors continued to build up
bets that the Federal Reserve will raise interest rates before
the year is out.
Read more
Norway fund pays $453 mln for stakes in San Francisco office buildings
OSLO, Aug 31 (Reuters) - Norway's $888 billion sovereign
wealth fund, the world's biggest, has bought stakes worth $453
million in two office properties in San Francisco, the fund's
manager said on Wednesday.
Read more
wealth fund, the world's biggest, has bought stakes worth $453
million in two office properties in San Francisco, the fund's
manager said on Wednesday.
Read more
European shares steady, Commerzbank up on merger report
LONDON, Aug 31 (Reuters) - European equities steadied in
early trading on Wednesday after setting a two-week high in the
previous day, with gains in companies such as Commerzbank
and Bouygues offsetting weaker miners.
Read more
early trading on Wednesday after setting a two-week high in the
previous day, with gains in companies such as Commerzbank
and Bouygues offsetting weaker miners.
Read more
Tuesday, August 30, 2016
Cyprus signs deal with Egypt for gas transfers via pipeline
NICOSIA, Aug 31 (Reuters) - Cyprus signed a deal on
Wednesday for the transfer of natural gas via pipeline to Egypt,
once extraction starts of discoveries made off the Mediterranean
island.
Read more
Wednesday for the transfer of natural gas via pipeline to Egypt,
once extraction starts of discoveries made off the Mediterranean
island.
Read more
UPDATE 1-UK Stocks-Factors to watch on Aug 31
Aug 31 (Reuters) - Britain's FTSE 100 index is seen opening down 13
points, or 0.19 percent, on Wednesday, according to financial bookmakers, with
futures down 0.2 percent ahead of the cash market open.
Read more
points, or 0.19 percent, on Wednesday, according to financial bookmakers, with
futures down 0.2 percent ahead of the cash market open.
Read more
PRESS DIGEST - Wall Street Journal - Aug 31
Aug 31 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
VW could agree U.S. large-car diesel fix by October - Audi exec
Hong Kong, Aug 31 (Reuters) - Volkswagen AG's
global Audi sales chief said on Wednesday that talks with U.S.
authorities over large-engined diesel cars found to have cheated
emissions tests are progressing well and a technical and
financial settlement could be agreed as soon as October.
Read more
global Audi sales chief said on Wednesday that talks with U.S.
authorities over large-engined diesel cars found to have cheated
emissions tests are progressing well and a technical and
financial settlement could be agreed as soon as October.
Read more
First U.S.-Cuba scheduled flight in decades set to depart
FORT LAUDERDALE, Fla., Aug 31 (Reuters) - The first
regularly scheduled commercial flight between the United States
and Cuba in more than half a century is set to depart on
Wednesday, starting a new chapter in the Obama administration's
bid to open trade and travel with the former Cold War foe.
Read more
regularly scheduled commercial flight between the United States
and Cuba in more than half a century is set to depart on
Wednesday, starting a new chapter in the Obama administration's
bid to open trade and travel with the former Cold War foe.
Read more
UPDATE 1-Trade critic Trump visits Boeing Co's backyard
EVERETT, Washington/WASHINGTON, Aug 30 (Reuters) -
R epublican Donald Trump, who has made his criticism of a pending
Pacific trade agreement central to his campaign, on Tuesday
visited a Seattle suburb home to a large Boeing Co plane
manufacturing facility that depends heavily on Asian sales.
Read more
R epublican Donald Trump, who has made his criticism of a pending
Pacific trade agreement central to his campaign, on Tuesday
visited a Seattle suburb home to a large Boeing Co plane
manufacturing facility that depends heavily on Asian sales.
Read more
Nikkei rises to more than 2-week high; exporters and financials gain
TOKYO, Aug 31 (Reuters) - Japanese stocks rose on Wednesday
to highs not seen in two weeks, led by exporters and financial
stocks as the dollar stood tall against the yen and upbeat U.S.
consumer confidence data lifted expectations of a near-term U.S.
interest rate hike.
Read more
to highs not seen in two weeks, led by exporters and financial
stocks as the dollar stood tall against the yen and upbeat U.S.
consumer confidence data lifted expectations of a near-term U.S.
interest rate hike.
Read more
BRIEF-Teck announces acquisition of securities of Jet Gold
* Acquired 8,333,333 common shares, of Jet Corp and a
$389,117 principal amount convertible debenture of Jet Gold Corp
Read more
$389,117 principal amount convertible debenture of Jet Gold Corp
Read more
BRIEF-Dynasty announces private placement financing update
* Dynasty announces reliance on financial hardship exemption
in respect of private placement financing
Source text for Eikon:
Further company coverage:
Read more
in respect of private placement financing
Source text for Eikon:
Further company coverage:
Read more
UPDATE 1-Gap reports fire at Fishkill distribution center, no injuries
Aug 30 (Reuters) - Retailer Gap Inc said on Tuesday
that its distribution center in Fishkill, New York, had been hit
by a serious fire.
Read more
that its distribution center in Fishkill, New York, had been hit
by a serious fire.
Read more
PRESS DIGEST- British Business - Aug 31
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
British newspapers. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
UPDATE 2-Singapore confirms Zika spread; U.S. and other countries issue travel warnings
* Nationalities of infected foreign workers undisclosed
(Recasts; adds U.S. travel warning, background and medical
expert comment)
Read more
(Recasts; adds U.S. travel warning, background and medical
expert comment)
Read more
UPDATE 2-U.S. SEC awards $22 mln to ex-Monsanto exec through whistleblower program
Aug 30 (Reuters) - A former Monsanto Co executive
who tipped the U.S. Securities and Exchange Commission to
accounting improprieties involving the company's top-selling
Roundup product has been awarded more than $22 million from the
agency's whistleblower program, the executive's lawyer said on
Tuesday.
Read more
who tipped the U.S. Securities and Exchange Commission to
accounting improprieties involving the company's top-selling
Roundup product has been awarded more than $22 million from the
agency's whistleblower program, the executive's lawyer said on
Tuesday.
Read more
EMERGING MARKETS-Latam currencies weaken on Fed official's comments, U.S. data
(Adds final prices)
By Bruno Federowski
SAO PAULO, Aug 30 (Reuters) - Latin American currencies
weakened on Tuesday as comments by a high-ranking Federal
Reserve policymaker and strong U.S. economic data kept investors
guessing about the possibility of a September interest rate
hike.
Fed Vice Chair Stanley Fischer told Bloomberg TV that the
U.S. job market is nearing full strength and the pace of rate
increases will depend on the economy's health.
But he refrained from commen
Read more
AstraZeneca to pay $5.52 mln to resolve U.S. SEC foreign bribery case
NEW YORK, Aug 30 (Reuters) - U.S. regulators said on Tuesday
that AstraZeneca Plc will pay $5.52 million to resolve a
foreign bribery probe into improper payments by its sales and
marketing staff to officials at state-controlled health care
providers in China and Russia.
Read more
that AstraZeneca Plc will pay $5.52 million to resolve a
foreign bribery probe into improper payments by its sales and
marketing staff to officials at state-controlled health care
providers in China and Russia.
Read more
Trade critic Trump visits Boeing Co's backyard
EVERETT, Washington/WASHINGTON, Aug 30 (Reuters) -
R epublican Donald Trump, who has made his criticism of a pending
Pacific trade agreement central to his campaign, on Tuesday was
to visit a Seattle suburb that is home to a large Boeing Co
plane manufacturing facility that depends heavily on
sales to Asian markets.
Read more
R epublican Donald Trump, who has made his criticism of a pending
Pacific trade agreement central to his campaign, on Tuesday was
to visit a Seattle suburb that is home to a large Boeing Co
plane manufacturing facility that depends heavily on
sales to Asian markets.
Read more
BRIEF-Globalstar and Carmanah sign strategic agreement
* Collaboration is being initiated immediately and first
products are expected to be ready for market in mid-2017
Source text for Eikon:
Further company coverage:
Read more
products are expected to be ready for market in mid-2017
Source text for Eikon:
Further company coverage:
Read more
UPDATE 2-Kaepernick anthem protest prompts backlash from NFL greats
NEW YORK, Aug 30 (Reuters) - San Francisco 49ers quarterback Colin Kaepernick's sideline protest during the playing of "The Star-Spangled Banner" at a National Football League pre-season game last week has generated criticism from current and former NFL stars.
Read more
Read more
University study finds flaws in criticism of St. Jude cyber security
Aug 30 (Reuters) - University of Michigan researchers on
Tuesday said their own experiments undermine recent allegations
of security flaws in St. Jude Medical Inc's pacemakers
and other implantable medical devices.
Read more
Tuesday said their own experiments undermine recent allegations
of security flaws in St. Jude Medical Inc's pacemakers
and other implantable medical devices.
Read more
UPDATE 1-Uber hires senior Target executive to lead global operations
Aug 30 (Reuters) - Uber Technologies Inc has
plucked a top executive from retail giant Target to help lead
the growing ride services company and reshape its image.
Read more
plucked a top executive from retail giant Target to help lead
the growing ride services company and reshape its image.
Read more
UPDATE 2-Google cloud unit close to winning PayPal business - CNBC
Aug 30 (Reuters) - Alphabet Inc's Google is close
to winning PayPal Holdings Inc as a client for its
cloud business, potentially beating out Amazon.com Inc
and Microsoft Corp, CNBC reported on Tuesday.
Read more
to winning PayPal Holdings Inc as a client for its
cloud business, potentially beating out Amazon.com Inc
and Microsoft Corp, CNBC reported on Tuesday.
Read more
BRIEF-Stingray Digital Group counters in court allegations by Music Choice of patent infringement
* Countered in court allegations by Music Choice of patent
infringement in relation to co's music products and services
Read more
infringement in relation to co's music products and services
Read more
White House 'concerned' EU tax penalty on Apple may hit U.S. taxpayers
WASHINGTON, Aug 30 (Reuters) - The White House said on
Tuesday it was concerned about a European Commission order for
Apple Inc to pay billions in unpaid taxes to Ireland
because it seemed TO undermine joint U.S.-EU progress on
creating a more fair international tax system.
Read more
Tuesday it was concerned about a European Commission order for
Apple Inc to pay billions in unpaid taxes to Ireland
because it seemed TO undermine joint U.S.-EU progress on
creating a more fair international tax system.
Read more
Chevron wins dismissal of claims of poor savings plan oversight
NEW YORK, Aug 30 (Reuters) - A U.S. judge has dismissed a
lawsuit by Chevron Corp workers who said the oil company
breached its fiduciary duties by putting costly and poorly
performing investment options in a $19 billion employee savings
plan.
Read more
lawsuit by Chevron Corp workers who said the oil company
breached its fiduciary duties by putting costly and poorly
performing investment options in a $19 billion employee savings
plan.
Read more
BRIEF-Abercrombie & Fitch saw minor sales disruptions around Brexit vote
* Have seen FX headwinds increase post-Brexit, particularly
the pound and to lesser degree the euro - Conf Call
Read more
the pound and to lesser degree the euro - Conf Call
Read more
EMERGING MARKETS-Latam currencies weaken on Fed official's comments, U.S. data
By Bruno Federowski
SAO PAULO, Aug 30 (Reuters) - Latin American currencies
weakened on Tuesday as comments by a high-ranking Federal
Reserve policymaker and strong U.S. economic data kept investors
guessing about the possibility of a September rate hike.
Fed Vice Chair Stanley Fischer told Bloomberg TV that the
U.S. job market is nearing full strength and the pace of rate
increases will depend on the economy's health.
But he refrained from commenting on the timing of the next
Fed r
Read more
SAO PAULO, Aug 30 (Reuters) - Latin American currencies
weakened on Tuesday as comments by a high-ranking Federal
Reserve policymaker and strong U.S. economic data kept investors
guessing about the possibility of a September rate hike.
Fed Vice Chair Stanley Fischer told Bloomberg TV that the
U.S. job market is nearing full strength and the pace of rate
increases will depend on the economy's health.
But he refrained from commenting on the timing of the next
Fed r
Read more
UPDATE 1-GE names Richard Laxer CEO of GE Capital
Aug 30 (Reuters) - General Electric Co on Tuesday
named Richard Laxer chief executive of GE Capital, which the
conglomerate began shrinking in 2015 as part of efforts to
return to its industrial roots.
Read more
named Richard Laxer chief executive of GE Capital, which the
conglomerate began shrinking in 2015 as part of efforts to
return to its industrial roots.
Read more
BRIEF-Ericsson says wins IP-order from Cable & Wireless
* Says Cable & Wireless partners with Ericsson and cisco to
enhance its caribbean IP networks
Read more
enhance its caribbean IP networks
Read more
S.Africa's ruling party says has confidence in finmin Gordhan
JOHANNESBURG, Aug 30 (Reuters) - South Africa's ruling
African National Congress (ANC) has confidence in Finance
Minister Pravin Gordhan, the party's Secretary General Gwede
Mantashe said on Tuesday.
Read more
African National Congress (ANC) has confidence in Finance
Minister Pravin Gordhan, the party's Secretary General Gwede
Mantashe said on Tuesday.
Read more
BRIEF-Ashland announces hiring Chief People & Communications Officer of Valvoline
* Ashland announces hiring of Sara Stensrud as Chief People
and Communications Officer of Valvoline
Source text for Eikon:
Further company coverage:
Read more
and Communications Officer of Valvoline
Source text for Eikon:
Further company coverage:
Read more
Warsaw looks to win more finance business in wake of Brexit
WARSAW, Aug 30 (Reuters) - Poland's deputy prime minister is
due to meet a string of banks in London this week as the country
tries to boost its status as one of Europe's fastest growing
financial centres and benefit from Britain's decision to leave
the European Union.
Read more
due to meet a string of banks in London this week as the country
tries to boost its status as one of Europe's fastest growing
financial centres and benefit from Britain's decision to leave
the European Union.
Read more
UPDATE 1-Aluminium producer seeks Q4 premium of $82/T from Japan buyers-sources
TOKYO, Aug 30 (Reuters) - A major aluminium producer has
offered Japanese buyers a premium of $82 per tonne for
October-December primary metal shipments, down 9-12 percent from
the previous quarter, three sources directly involved in pricing
talks said on Tuesday.
Read more
offered Japanese buyers a premium of $82 per tonne for
October-December primary metal shipments, down 9-12 percent from
the previous quarter, three sources directly involved in pricing
talks said on Tuesday.
Read more
BRIEF-Tinkerine reports Q2 financial results
* Q2 revenue of $278,710 for Q2 2016, a 19% decrease
Source text for Eikon:
Further company coverage:
Read more
Source text for Eikon:
Further company coverage:
Read more
Ireland "disagrees profoundly" with EU on Apple tax bill
DUBLIN, Aug 30 (Reuters) - Ireland disagrees profoundly with
the European Commission's ruling against its tax dealings with
Apple Inc, Finance Minister Michael Noonan said on
Tuesday ahead of seeking cabinet approval to appeal.
Read more
the European Commission's ruling against its tax dealings with
Apple Inc, Finance Minister Michael Noonan said on
Tuesday ahead of seeking cabinet approval to appeal.
Read more
Deals of the day- Mergers and acquisitions
Aug 30 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1000 GMT on Tuesday:
Read more
and disposals were reported by 1000 GMT on Tuesday:
Read more
UPDATE 1-Japan's ANA says 787 engine repairs could take 3 years
TOKYO, Aug 30 (Reuters) - Japanese carrier ANA Holdings Inc
said on Tuesday it could take as long as three years to
replace faulty turbine blades in the Rolls-Royce engines
powering its Boeing 787s.
Read more
said on Tuesday it could take as long as three years to
replace faulty turbine blades in the Rolls-Royce engines
powering its Boeing 787s.
Read more
BRIEF-Mondelez International expands Cocoa Life in Indonesia
* Completed first phase of new partnerships with
swisscontact, cargill and wahana visi indonesia to expand its
cocoa life in indonesia
Source text for Eikon:
Further company coverage:
Read more
swisscontact, cargill and wahana visi indonesia to expand its
cocoa life in indonesia
Source text for Eikon:
Further company coverage:
Read more
Aluminium producer seeks Q4 premium of $82/T from Japan buyers-sources
TOKYO, Aug 30 (Reuters) - A major aluminium producer has
offered Japanese buyers a premium of $82 per tonne for
October-December primary metal shipments, down 9-12 percent from
the previous quarter, three sources directly involved in pricing
talks said on Tuesday.
Read more
offered Japanese buyers a premium of $82 per tonne for
October-December primary metal shipments, down 9-12 percent from
the previous quarter, three sources directly involved in pricing
talks said on Tuesday.
Read more
EU antitrust commissioner Vestager to speak on competition case on Tuesday
BRUSSELS, Aug 30 (Reuters) - EU Competition Commissioner
Margrethe Vestager will hold a news conference at midday (1000
GMT) on Tuesday on an antitrust case, the European Commission
said in a statement, giving no further details.
Read more
Margrethe Vestager will hold a news conference at midday (1000
GMT) on Tuesday on an antitrust case, the European Commission
said in a statement, giving no further details.
Read more
UPDATE 2-UK Stocks-Factors to watch on Aug 30
Aug 30 (Reuters) - Britain's FTSE 100 index is expected to open
13-18 points, or 0.2-0.3 percent, lower on Tuesday, according to financial
bookmakers, with futures trading down 0.3 percent ahead of the cash
market open.
Read more
13-18 points, or 0.2-0.3 percent, lower on Tuesday, according to financial
bookmakers, with futures trading down 0.3 percent ahead of the cash
market open.
Read more
Monday, August 29, 2016
BRIEF-Nord Gold Q2 net profit up 29 pct q-o-q to $53.1 mln
* Revenue in Q2 2016 increased by 8 percent quarter-on-quarter to $269.9 million compared
with $250.5 million in Q1 2016. In H1 2016, revenue was $520.4 million
Read more
with $250.5 million in Q1 2016. In H1 2016, revenue was $520.4 million
Read more
Nikkei edges down as yen's weakness stalls, market focuses on US jobs report
TOKYO, Aug 30 (Reuters) - Japanese stocks ended marginally
lower on Tuesday as the yen's extensive retreat stalled and as
investors awaited U.S. job data later this week for more clues
on a possible U.S. interest rate hike this year.
Read more
lower on Tuesday as the yen's extensive retreat stalled and as
investors awaited U.S. job data later this week for more clues
on a possible U.S. interest rate hike this year.
Read more
COLUMN-Kiss it goodbye, the great buyback boom is on the wane: James Saft
Aug 30 (Reuters) - The great stock buyback boom may be on
the wane, undermined by falling company earnings.
Read more
the wane, undermined by falling company earnings.
Read more
Nikkei wavers as yen's retreat halts, focus on US jobs report
TOKYO, Aug 30 (Reuters) - Japan's Nikkei share average
treaded water on Tuesday, with momentum from the previous day's
rally stalling as the yen's extensive retreat halted for the
time being.
Read more
treaded water on Tuesday, with momentum from the previous day's
rally stalling as the yen's extensive retreat halted for the
time being.
Read more
GLOBAL MARKETS-Asia stocks bounce as investors second-guess Fed again
SYDNEY, Aug 30 (Reuters) - Asian shares bounced on Tuesday
as doubts the Federal Reserve really would hike interest rates
as soon as September restrained the dollar, while investors
continued to count on more policy stimulus elsewhere in the
world.
Read more
as doubts the Federal Reserve really would hike interest rates
as soon as September restrained the dollar, while investors
continued to count on more policy stimulus elsewhere in the
world.
Read more
UPDATE 3-Samarco dam failed due to poor drainage and design -investigation
BELO HORIZONTE/RIO DE JANEIRO, Aug 29 (Reuters) - The deadly
collapse of a tailings dam last November at the Samarco mine,
owned by Vale SA and BHP Billiton, was caused
by drainage and design flaws, a report into Brazil's worst-ever
environmental disaster showed on Monday.
Read more
collapse of a tailings dam last November at the Samarco mine,
owned by Vale SA and BHP Billiton, was caused
by drainage and design flaws, a report into Brazil's worst-ever
environmental disaster showed on Monday.
Read more
Pentagon orders review of unfinished aircraft carrier
WASHINGTON, Aug 29 (Reuters) - The Pentagon has ordered a
review of the USS Gerald R. Ford aircraft carrier, which is
under construction and due to be delivered in November, a
Defense Department spokesman said on Monday.
Read more
review of the USS Gerald R. Ford aircraft carrier, which is
under construction and due to be delivered in November, a
Defense Department spokesman said on Monday.
Read more
Alphabet executive steps down from Uber board amid growing competition
SAN FRANCISCO, Aug 29 (Reuters) - Alphabet
executive David Drummond, who has been a director on the Uber
Technologies Inc board for close to three years, has
stepped down, the ride-hailing firm confirmed on Monday.
Read more
executive David Drummond, who has been a director on the Uber
Technologies Inc board for close to three years, has
stepped down, the ride-hailing firm confirmed on Monday.
Read more
UPDATE 1-Chinese TV host accuses Canada tourism body of censorship
TORONTO, Aug 29 (Reuters) - A Chinese talk show host has
accused a Canadian government-backed tourism organization of
censoring discussion of the country's aboriginal issues on his
program and says it caused an episode to be dropped.
Read more
accused a Canadian government-backed tourism organization of
censoring discussion of the country's aboriginal issues on his
program and says it caused an episode to be dropped.
Read more
Twin Butte Energy debenture holders reject proposed takeover deal
CALGARY, Alberta, Aug 29 (Reuters) - Twin Butte Energy Ltd
debenture holders voted to reject a takeover bid by
Hong Kong's privately held Reignwood Resources Holding Pte Ltd
on Monday, throwing the cash-strapped Canadian oil and gas
producer's financial future into uncertainty.
Read more
debenture holders voted to reject a takeover bid by
Hong Kong's privately held Reignwood Resources Holding Pte Ltd
on Monday, throwing the cash-strapped Canadian oil and gas
producer's financial future into uncertainty.
Read more
UPDATE 1-Canada's SNC-Lavalin says it is mulling offer for French business
MONTREAL, Aug 29 (Reuters) - Canadian construction and
engineering company SNC-Lavalin Group Inc said on
Monday it is weighing an offer for its entire business in
France, which has about 1,100 employees and manages 17 regional
airports in the country.
Read more
engineering company SNC-Lavalin Group Inc said on
Monday it is weighing an offer for its entire business in
France, which has about 1,100 employees and manages 17 regional
airports in the country.
Read more
UPDATE 3-Chinese-owned Zhongwang USA enters U.S. aluminum market with Aleris buy
NEW YORK, Aug 29 (Reuters) - Zhongwang USA LLC, backed by
Chinese aluminum magnate Liu Zhongtian, said on Monday it would
buy U.S. aluminum company Aleris Corp in a bet by the
billionaire that the nascent U.S. automotive aluminum sector
will be the industry's next big growth market.
Read more
Chinese aluminum magnate Liu Zhongtian, said on Monday it would
buy U.S. aluminum company Aleris Corp in a bet by the
billionaire that the nascent U.S. automotive aluminum sector
will be the industry's next big growth market.
Read more
LATAM CLOSE-No deals price in LatAm primary market
* Colombia's EEB signs credit agreement for Guatemala project
* Bank of Tokyo-Mitsubishi extends loan to Peru's Falabella
* Colombia GDP slows to 2% in second quarter
* Mexico says 2017 oil hedge guarantees US$42 per barrel
By Mike Gambale and Paul Kilby
NEW YORK, Aug 29 (IFR) - No deals priced in the LatAm primary market on
Monday.
Here is a snapshot of LatAm sovereign spreads:
SOVEREIGN 8/26 8/25 8/24 1D 10D YTD 2015/16 HIGH
ARGENTINA
Read more
* Bank of Tokyo-Mitsubishi extends loan to Peru's Falabella
* Colombia GDP slows to 2% in second quarter
* Mexico says 2017 oil hedge guarantees US$42 per barrel
By Mike Gambale and Paul Kilby
NEW YORK, Aug 29 (IFR) - No deals priced in the LatAm primary market on
Monday.
Here is a snapshot of LatAm sovereign spreads:
SOVEREIGN 8/26 8/25 8/24 1D 10D YTD 2015/16 HIGH
ARGENTINA
Read more
UPDATE 2-Colorado's anti-fracking measures fail to qualify for ballot
HOUSTON, Aug 29 (Reuters) - Environmental groups have failed
to gather enough signatures to put two measures on Colorado's
ballot in November that aim to curb fracking and oil and gas
work, the state said on Monday.
Read more
to gather enough signatures to put two measures on Colorado's
ballot in November that aim to curb fracking and oil and gas
work, the state said on Monday.
Read more
BRIEF-U.S. Representatives seek details from Mylan on EpiPens price rise
* Representatives Jason Chaffetz, Elijah Cummings Of U.S.
House Committee On Oversight And Government Reform Send Letter
To Mylan CEO
Read more
House Committee On Oversight And Government Reform Send Letter
To Mylan CEO
Read more
UPDATE 1-U.S. appeals court dismisses AT&T data throttling lawsuit
WASHINGTON, Aug 29 (Reuters) - A federal appeals court in
California on Monday dismissed a U.S. government lawsuit that
accused AT&T Inc of deception for reducing Internet speeds
for customers with unlimited mobile data plans once their use
exceeded certain levels.
Read more
California on Monday dismissed a U.S. government lawsuit that
accused AT&T Inc of deception for reducing Internet speeds
for customers with unlimited mobile data plans once their use
exceeded certain levels.
Read more
BRIEF-Northern Vertex appoints Christopher Park as new CFO
* Company also announces resignation of Ed Duda as chief
financial officer of company, effective August 31st
Read more
financial officer of company, effective August 31st
Read more
GLOBAL MARKETS-U.S. assets gain, European shares dip on rising Fed rate hike bets
* Dollar rallies, weighs on oil and gold
(Updates to open of U.S. trading; changes byline, dateline, pvs
LONDON)
Read more
(Updates to open of U.S. trading; changes byline, dateline, pvs
LONDON)
Read more
Rockets hit Saudi border town as Yemen war flares anew
NAJRAN, Saudi Arabia, Aug 29 (Reuters) - Yemeni Houthi
forces are again firing rockets at this corner of southern Saudi
Arabia, ending a lull of several weeks and complicating efforts
to revive talks on ending Yemen's 18-month-old civil war.
Read more
forces are again firing rockets at this corner of southern Saudi
Arabia, ending a lull of several weeks and complicating efforts
to revive talks on ending Yemen's 18-month-old civil war.
Read more
BRIEF-Nymox says new phase 3 long-term U.S.results for fexapotide show major decrease in prostate cancer
* Nymox's new Phase 3 long-term U.S. results for prostate
enlargement drug fexapotide show decrease in prostate cancer
Read more
enlargement drug fexapotide show decrease in prostate cancer
Read more
CANADA STOCKS-TSX boosted by miners, banks; oil stocks weigh
TORONTO, Aug 29 (Reuters) - Canada's main stock index made
slight gains in morning trading on Monday, with rises for banks
and miners offsetting energy shares' declines as the price of
oil pulled back.
Read more
slight gains in morning trading on Monday, with rises for banks
and miners offsetting energy shares' declines as the price of
oil pulled back.
Read more
Deals of the day- Mergers and acquisitions
Aug 29 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1330 GMT on Monday:
Read more
and disposals were reported by 1330 GMT on Monday:
Read more
BRIEF-Rite Aid says Naloxone is now available for purchase without prescriptions at 13 states
* Says Naloxone is now available for purchase without
patient specific prescriptions at Rite Aid pharmacies in 13
states
Source text for Eikon:
Further company coverage:
Read more
patient specific prescriptions at Rite Aid pharmacies in 13
states
Source text for Eikon:
Further company coverage:
Read more
CORRECTED-Zhongwang USA to buy aluminum products maker Aleris
Aug 29 (Reuters) - Aleris Corp, a U.S.-based
aluminum rolled products maker, said it would be bought by
Zhongwang USA LLC, a unit of Zhongwang International Group Ltd,
in a $2.33 billion deal.
Read more
aluminum rolled products maker, said it would be bought by
Zhongwang USA LLC, a unit of Zhongwang International Group Ltd,
in a $2.33 billion deal.
Read more
USG to sell its building product distribution unit for $670 mln
Aug 29 (Reuters) - Building supplies maker USG Corp
said it would sell its building product distribution business,
L&W Supply Corp, to roofing supplier ABC Supply Co Inc for $670
million in cash.
Read more
said it would sell its building product distribution business,
L&W Supply Corp, to roofing supplier ABC Supply Co Inc for $670
million in cash.
Read more
BRIEF-b.o.s. Better Online Solutions reports financial results for Q2
* B.O.S. Better Online Solutions reports financial results
for the second quarter of fiscal year 2016
Read more
for the second quarter of fiscal year 2016
Read more
BRIEF-Martin Shkreli dissolves stake in Kalobios Pharmaceuticals
* Martin Shkreli - sold all shares of Kalobios
Pharmaceuticals common stock held on Aug 25, 2016 and Aug 26,
2016 in private transactions
Read more
Pharmaceuticals common stock held on Aug 25, 2016 and Aug 26,
2016 in private transactions
Read more
UPDATE 1-Russia's Mechel says H1 core earnings up 9 pct y/y
MOSCOW, Aug 29 (Reuters) - Russian coal and steel producer
Mechel said on Monday its first-half core earnings, or
EBITDA, rose 9 percent year on year to 25.7 billion roubles
($395 million) thanks to price increases on its products.
Read more
Mechel said on Monday its first-half core earnings, or
EBITDA, rose 9 percent year on year to 25.7 billion roubles
($395 million) thanks to price increases on its products.
Read more
Sunday, August 28, 2016
More U.S. counties to see Obamacare marketplace monopoly -analysis
NEW YORK, Aug 28 (Reuters) - Nearly a third of U.S. counties
will likely be served by only one insurer that participates in
an Affordable Care Act (ACA) marketplace in 2017, according to
an analysis published Sunday by the Kaiser Family Foundation.
Read more
will likely be served by only one insurer that participates in
an Affordable Care Act (ACA) marketplace in 2017, according to
an analysis published Sunday by the Kaiser Family Foundation.
Read more
RPT-As Obama heads to Laos, signs of a tilt away from China
VIENTIANE, Aug 28 (Reuters) - The secretive communist
government of Laos, a country with a population of less than 7
million, rarely causes a ripple on the diplomatic circuit. And
yet its sleepy capital will spring to life next week when global
leaders arrive for an Asian summit.
Read more
government of Laos, a country with a population of less than 7
million, rarely causes a ripple on the diplomatic circuit. And
yet its sleepy capital will spring to life next week when global
leaders arrive for an Asian summit.
Read more
Nikkei surges to 1-1/2 week high on Yellen effect, weak yen
TOKYO, Aug 29 (Reuters) - Japanese stocks surged to
1-1/2-week highs on Monday morning as the yen weakened after
U.S. Federal Reserve Chair Janet Yellen signalled an interest
rate hike remains on the cards this year, lifting insurers and
exporters.
Read more
1-1/2-week highs on Monday morning as the yen weakened after
U.S. Federal Reserve Chair Janet Yellen signalled an interest
rate hike remains on the cards this year, lifting insurers and
exporters.
Read more
Wall St Weekahead-Jobs data to be a big deal for record-high stocks
SAN FRANCISCO, Aug 26 (Reuters) - Wall Street will fixate on
a wave of U.S. economic data next week, crested by payrolls data
on Friday that could sway expectations about the timing of
future interest rate hikes and spark volatility in record-high
stock prices.
Read more
a wave of U.S. economic data next week, crested by payrolls data
on Friday that could sway expectations about the timing of
future interest rate hikes and spark volatility in record-high
stock prices.
Read more
UPDATE 1-Uber, Careem suspend services in UAE capital
ABU DHABI, Aug 28 (Reuters) - Ride-hailing companies Uber
and Careem have suspended services in Abu Dhabi, the
capital of the United Arab Emirates, since Saturday and do not
know when they can resume operations, they said on Sunday.
Read more
and Careem have suspended services in Abu Dhabi, the
capital of the United Arab Emirates, since Saturday and do not
know when they can resume operations, they said on Sunday.
Read more
Uber, Careem suspend services in UAE capital
ABU DHABI, Aug 28 (Reuters) - Ride-hailing services Uber
and Careem have suspended services in Abu Dhabi, the
capital of the United Arab Emirates, since Saturday and did not
know when they could resume operations, they said on Sunday.
Read more
and Careem have suspended services in Abu Dhabi, the
capital of the United Arab Emirates, since Saturday and did not
know when they could resume operations, they said on Sunday.
Read more
Two United Airlines pilots held on alcohol charge in Scotland
LONDON, Aug 28 (Reuters) - Two United Airlines
pilots were arrested on suspicion of being under the influence
of alcohol in Scotland on Saturday as they were about to fly to
the United States, police and the airline said.
Read more
pilots were arrested on suspicion of being under the influence
of alcohol in Scotland on Saturday as they were about to fly to
the United States, police and the airline said.
Read more
UPDATE 1-China launches state-owned aircraft engine maker -state media
BEIJING, Aug 28 (Reuters) - China has set up a state-owned
aircraft engine maker with registered capital of 50 billion yuan
($7.5 billion), state television said on Sunday, in the latest
effort to develop home-grown, high-tech businesses to compete in
international markets.
Read more
aircraft engine maker with registered capital of 50 billion yuan
($7.5 billion), state television said on Sunday, in the latest
effort to develop home-grown, high-tech businesses to compete in
international markets.
Read more
EDF chief urges Britain to give go-ahead to nuclear plant
LONDON, Aug 28 (Reuters) - The head of EDF Energy
has urged the British government to approve the Hinkley Point C
nuclear power project, an explict appeal by the French energy
giant ahead of a decision due within weeks.
Read more
has urged the British government to approve the Hinkley Point C
nuclear power project, an explict appeal by the French energy
giant ahead of a decision due within weeks.
Read more
China launches state-owned aircraft engine maker -state media
BEIJING, Aug 28 (Reuters) - China has set up a state-owned
aircraft engine maker with registered capital of 50 billion yuan
($7.50 billion), state television said on Sunday, in the latest
bid to develop home-grown, high-tech capacities to compete in
international markets.
Read more
aircraft engine maker with registered capital of 50 billion yuan
($7.50 billion), state television said on Sunday, in the latest
bid to develop home-grown, high-tech capacities to compete in
international markets.
Read more
Israeli tech group Shellanoo plans Tel Aviv IPO
JERUSALEM, Aug 28 (Reuters) - Israeli technology company
Shellanoo is planning to raise at least 100 million shekels
($26.5 million) in an initial public offering (IPO) on the Tel
Aviv Stock Exchange in late September or October, it said on
Sunday.
Read more
Shellanoo is planning to raise at least 100 million shekels
($26.5 million) in an initial public offering (IPO) on the Tel
Aviv Stock Exchange in late September or October, it said on
Sunday.
Read more
S.Korea's KEPCO buys Colorado solar power plant from Carlyle Group
SEOUL, Aug 28 (Reuters) - Korea Electric Power Corp (KEPCO)
signed a contract on Aug. 26 to buy a solar power
plant from the U.S.-based Carlyle Group's Cogentrix Solar
Holdings, KEPCO said in a statement released on Sunday.
Read more
signed a contract on Aug. 26 to buy a solar power
plant from the U.S.-based Carlyle Group's Cogentrix Solar
Holdings, KEPCO said in a statement released on Sunday.
Read more
Saturday, August 27, 2016
As Obama heads to Laos, signs of a tilt away from China
VIENTIANE, Aug 28 (Reuters) - The secretive communist
government of Laos, a country with a population of less than 7
million, rarely causes a ripple on the diplomatic circuit. And
yet its sleepy capital will spring to life next week when global
leaders arrive for an Asian summit.
Read more
government of Laos, a country with a population of less than 7
million, rarely causes a ripple on the diplomatic circuit. And
yet its sleepy capital will spring to life next week when global
leaders arrive for an Asian summit.
Read more
UPDATE 1-Suspected Kurdish militants fire rockets at Turkey's Diyarbakir airport -media
ISTANBUL, Aug 28 (Reuters) - Suspected Kurdish militants
fired rockets at the airport in Turkey's main southeastern city
of Diyarbakir on Saturday, sending passengers and staff
scrambling for shelter, Dogan news agency said, but there were
no immediate reports of casualties.
Read more
fired rockets at the airport in Turkey's main southeastern city
of Diyarbakir on Saturday, sending passengers and staff
scrambling for shelter, Dogan news agency said, but there were
no immediate reports of casualties.
Read more
RPT-Whiplashed investors stay skittish about St. Jude
Aug 26 (Reuters) - One day after a short seller claimed that
St. Jude Medical Inc's heart implants are vulnerable to
deadly cyber attacks, investors appear most concerned about
whether the accusation will derail St. Jude's $24 billion
planned deal for Abbott Labs to buy it.
Read more
St. Jude Medical Inc's heart implants are vulnerable to
deadly cyber attacks, investors appear most concerned about
whether the accusation will derail St. Jude's $24 billion
planned deal for Abbott Labs to buy it.
Read more
MEDIA LINK-Exxon Mobil Backs Out of Proposed Alaska LNG Project -WSJ
Aug 27 (Reuters) - Exxon Mobil Corp has decided to scrap
further investment in a proposed natural gas export terminal in
Alaska and will work with its partners to sell its interest in
the project to the state government, the Wall Street Journal
reported late Friday.
Read more
further investment in a proposed natural gas export terminal in
Alaska and will work with its partners to sell its interest in
the project to the state government, the Wall Street Journal
reported late Friday.
Read more
CORRECTED-UPDATE 4-FDA recommends Zika testing for all blood donated in U.S.
CHICAGO/TAMPA, Fla., Aug 26 (Reuters) - The U.S. Food and
Drug Administration recommended on Friday that all blood donated
in the United States and its territories be tested for Zika
virus, as it moves to prevent transmission of the virus through
the blood supply.
Read more
Drug Administration recommended on Friday that all blood donated
in the United States and its territories be tested for Zika
virus, as it moves to prevent transmission of the virus through
the blood supply.
Read more
BRIEF-Aurora Spine Q2 loss per share $0.01
* Q2 loss per share $0.01
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom)
Read more
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom)
Read more
VTTI says it resumes operations at Malaysia terminal
SINGAPORE, Aug 27 (Reuters) - VTTI, the storage unit of
world's largest oil trader Vitol, said late on Friday it has
resumed operations at its Malaysia terminal ATT Tanjung Bin
(ATB).
Read more
world's largest oil trader Vitol, said late on Friday it has
resumed operations at its Malaysia terminal ATT Tanjung Bin
(ATB).
Read more
Friday, August 26, 2016
BRIEF-Virginia Hills Oil announces Strategic Alternatives Process & Q2 results
* Virginia Hills Oil Corp. announces strategic alternatives
process, second quarter of 2016 results and general operation
update
Read more
process, second quarter of 2016 results and general operation
update
Read more
Bullard agnostic on timing of Fed hike; cites tech stocks -CNBC
Aug 26 (Reuters) - The Federal Reserve could hike U.S.
interest rates this year, St. Louis Fed President James Bullard
said on Friday, noting the central bank would have to watch out
for risky financial bubbles emerging in technology stocks and
eleswhere in the market.
Read more
interest rates this year, St. Louis Fed President James Bullard
said on Friday, noting the central bank would have to watch out
for risky financial bubbles emerging in technology stocks and
eleswhere in the market.
Read more
Brazil's Camargo Correa chairman Hallack quits, Estado says
SAO PAULO, Aug 26 (Reuters) - VÃtor Sarquis Hallack has
stepped down as chairman of Brazil's Camargo Correa SA
as the Brazilian engineering company involved in the
country's worst corruption scandal moves to transform itself
into an investment holding firm, O Estado de S. Paulo newspaper
reported on Friday.
Read more
stepped down as chairman of Brazil's Camargo Correa SA
as the Brazilian engineering company involved in the
country's worst corruption scandal moves to transform itself
into an investment holding firm, O Estado de S. Paulo newspaper
reported on Friday.
Read more
BRIEF-Jinkosolar Holding signs $25 million tradeline with Maybank
* Says financing will be used to support Jinkosolar
Malaysia's trade finance and working capital
Source text for Eikon:
Further company coverage:
Read more
Malaysia's trade finance and working capital
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Big Lots sets quarterly cash dividend of $0.21 per share
* Sets quarterly cash dividend of $0.21 per share
Source text for Eikon:
Further company coverage:
Read more
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Vectrus announces $21 mln AFCAP Task Order win
* Was awarded a $21 million installation services contract
in support of U.S. Air force at Al Udeid Air Base (ab) in Qatar
Read more
in support of U.S. Air force at Al Udeid Air Base (ab) in Qatar
Read more
Thursday, August 25, 2016
RPT-UPDATE 1-Hungry Nomad Foods ready to start M&A shopping again
LONDON, Aug 25 (Reuters) - Nomad Foods is ready to
start looking at more acquisitions now that it has integrated
last year's purchase of Findus Group's European businesses,
Chief Executive Stefan Descheemaeker said on Thursday.
Read more
start looking at more acquisitions now that it has integrated
last year's purchase of Findus Group's European businesses,
Chief Executive Stefan Descheemaeker said on Thursday.
Read more
BRIEF-SABMiller publishes scheme documents in relation to AB InBev offer
* Today publishing scheme document, which is being sent, or
made available, to SABMiller shareholders
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +91 806 749 1136)
Read more
made available, to SABMiller shareholders
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +91 806 749 1136)
Read more
U.S. aid to Pakistan shrinks amid mounting frustration over militants
WASHINGTON, Aug 26 (Reuters) - Pakistan's continued support
for resurgent militant groups hostile to the United States,
coupled with warming U.S. military and business relations with
India, is sharply diminishing Islamabad's strategic importance
as an ally to Washington, U.S. military, diplomatic, and
intelligence officials and outside experts said.
Read more
for resurgent militant groups hostile to the United States,
coupled with warming U.S. military and business relations with
India, is sharply diminishing Islamabad's strategic importance
as an ally to Washington, U.S. military, diplomatic, and
intelligence officials and outside experts said.
Read more
BRIEF-Hemispherx Biopharma received approval of its new drug application from ANMAT
* Received approval of its new drug application from anmat
for commercial sale of rintatolimod in argentine republic
Read more
for commercial sale of rintatolimod in argentine republic
Read more
Yen eyes post-BOJ turmoil, gains after riding JGB yields higher
TOKYO, Aug 26 (Reuters) - The yen could be in for a bout of
volatility and may even strengthen further in September,
building on the boost from a sharp recent rise in Japanese
government bond yields.
Read more
volatility and may even strengthen further in September,
building on the boost from a sharp recent rise in Japanese
government bond yields.
Read more
PRESS DIGEST- British Business - Aug 26
Aug 26 (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-Contango Ore announces earnings for the year ended June 30, 2016
* Announces earnings and updated operations for the year
ended June 30, 2016
Source text for Eikon:
Further company coverage:
Read more
ended June 30, 2016
Source text for Eikon:
Further company coverage:
Read more
U.S. bank group to launch Zelle instant payments brand in 2017
NEW YORK, Aug 25 (Reuters) - A consortium of banks holding
the majority of U.S. consumer accounts plans to launch its
instant, person-to-person payments brand Zelle in the first half
of 2017, a spokesman said on Thursday.
Read more
the majority of U.S. consumer accounts plans to launch its
instant, person-to-person payments brand Zelle in the first half
of 2017, a spokesman said on Thursday.
Read more
UPDATE 2-GM cleared in second U.S. verdict over crash blamed on ignition switch
NEW YORK, Aug 25 (Reuters) - A Texas jury said on Thursday a
General Motors Co ignition switch, linked to nearly 400
injuries and deaths, was not to blame for a fatal 2011 crash,
according to a company statement.
Read more
General Motors Co ignition switch, linked to nearly 400
injuries and deaths, was not to blame for a fatal 2011 crash,
according to a company statement.
Read more
BRIEF-Headwaters enteres into incremental amendment to its term loan credit agreement
* On August 19, co entered into incremental amendment to its
term loan credit agreement initially dated as of March 24, 2015-
SEC filing
Read more
term loan credit agreement initially dated as of March 24, 2015-
SEC filing
Read more
CANADA STOCKS-TSX edges higher as mining stocks rebound
TORONTO, Aug 25 (Reuters) - Canada's main share index edged
higher on Thursday as mining stocks pared some recent losses
before the start of a global central bankers' gathering in
Jackson Hole, Wyoming.
Read more
higher on Thursday as mining stocks pared some recent losses
before the start of a global central bankers' gathering in
Jackson Hole, Wyoming.
Read more
BRIEF-Altria Group increases qtrly dividend by 8% to $0.61/common share
* Altria increases quarterly dividend by 8.0% to $0.61 per
common share
Source text for Eikon:
Further company coverage:
Read more
common share
Source text for Eikon:
Further company coverage:
Read more
BRIEF-JC Penney - CEO Marvin Ellison purchases of 50,000 shares in open market
* CEO Marvin Ellison reports open market purchase of 50,000
shares of co's common stock on August 25 - sec filing
Read more
shares of co's common stock on August 25 - sec filing
Read more
UPDATE 2-U.S. SEC fines 13 advisers for false claims involving F-Squared
Aug 25 (Reuters) - The U.S. Securities and Exchange
Commission fined 13 investment advisory firms on Thursday for
spreading false claims made by the now-defunct F-Squared
Investments Inc, which had been one of the largest marketers of
investment products using exchange-traded funds.
Read more
Commission fined 13 investment advisory firms on Thursday for
spreading false claims made by the now-defunct F-Squared
Investments Inc, which had been one of the largest marketers of
investment products using exchange-traded funds.
Read more
U.S. SEC requires advisers to provide more information about business
WASHINGTON, Aug 25 (Reuters) - The top U.S. securities
regulator said on Thursday it would require more information
from investment advisers about their separately managed account
businesses, as it continues to tighten oversight on the sector.
Read more
regulator said on Thursday it would require more information
from investment advisers about their separately managed account
businesses, as it continues to tighten oversight on the sector.
Read more
Hungry Nomad Foods ready to start M&A shopping again
LONDON, Aug 25 (Reuters) - Nomad Foods is ready to
start looking at more acquisitions now that it has finished
integrating last year's purchase of Findus Group's European
businesses, Chief Executive Stefan Descheemaeker said on
Thursday.
Read more
start looking at more acquisitions now that it has finished
integrating last year's purchase of Findus Group's European
businesses, Chief Executive Stefan Descheemaeker said on
Thursday.
Read more
BRIEF-Bold Ventures provides Lac surprise update
* Bold Ventures provides Lac surprise update
Source text for Eikon:
Further company coverage:
Read more
Source text for Eikon:
Further company coverage:
Read more
REFILE-US STOCKS SNAPSHOT-Wall St opens lower as investors await Yellen
Aug 25 (Reuters) - U.S. stocks opened lower on Thursday as
investors nervously awaited Federal Reserve Chair Janet Yellen's
take on interest rate hikes.
Read more
investors nervously awaited Federal Reserve Chair Janet Yellen's
take on interest rate hikes.
Read more
PRESS DIGEST- Canada-Aug 25
Aug 25 (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
Sears posts quarterly loss, taking debt from CEO's hedge fund
Aug 25 (Reuters) - Sears Holdings Corp posted a net
loss due to lower sales of home appliances and apparel, and the
company said it accepted debt financing of $300 million from
Chief Executive Edward Lampert's hedge fund, ESL Investments.
Read more
loss due to lower sales of home appliances and apparel, and the
company said it accepted debt financing of $300 million from
Chief Executive Edward Lampert's hedge fund, ESL Investments.
Read more
ANA to cancel Boeing 787s flights to fix Rolls-Royce engines
TOKYO, Aug 25 (Reuters) - Japan's biggest carrier, ANA
Holdings said on Thursday it has experienced trouble
with the Rolls-Royce engines powering its Boeing
787 Dreamliners and will schedule some aircraft for servicing
over coming days.
Read more
Holdings said on Thursday it has experienced trouble
with the Rolls-Royce engines powering its Boeing
787 Dreamliners and will schedule some aircraft for servicing
over coming days.
Read more
European shares pull back, weighed down by pharma, miners
MILAN, Aug 25 (Reuters) - European shares fell on Thursday,
weighed down by losses among pharma and mining sector stocks,
while firms such as Sunrise and Ahold were lifted by well
received earning updates.
Read more
weighed down by losses among pharma and mining sector stocks,
while firms such as Sunrise and Ahold were lifted by well
received earning updates.
Read more
UPDATE 1-Uber to pull out of Macau in September - Macau media
Aug 25 (Reuters) - Global ride-hailing giant Uber
Technologies Inc will pull out of the gambling hub of
Macau on September 9, less than 10 months after it launched
there, Macau media reported, citing a letter they said was sent
by Uber's Asia regional chief.
Read more
Technologies Inc will pull out of the gambling hub of
Macau on September 9, less than 10 months after it launched
there, Macau media reported, citing a letter they said was sent
by Uber's Asia regional chief.
Read more
European shares open lower led by miners; GFK soars
MILAN, Aug 25 (Reuters) - European shares fell in opening
deals on Thursday with mining stocks leading losers for a second
day in a row, while German market research firm GFK soared on
merger and acquisition talk.
Read more
deals on Thursday with mining stocks leading losers for a second
day in a row, while German market research firm GFK soared on
merger and acquisition talk.
Read more
Wednesday, August 24, 2016
BRIEF-Welspun India hits lower limit for 4th day before buying resumes
* Shares hit daily lower limit for fourth day after Target
Corp terminates business over cotton sheet dispute
Read more
Corp terminates business over cotton sheet dispute
Read more
CrowdStrike, other cybersecurity firms rejoining industry cooperative
SAN FRANCISCO, Aug 24 (Reuters) - Some information security
companies that were shut out of the leading system for sharing
data on malicious software are revealing more about how their
own systems work in hopes of rejoining the cooperative effort, a
shift that should improve protections for customers throughout
the industry.
Read more
companies that were shut out of the leading system for sharing
data on malicious software are revealing more about how their
own systems work in hopes of rejoining the cooperative effort, a
shift that should improve protections for customers throughout
the industry.
Read more
BRIEF-Rollins'subsidiary Orkin expands presence in South America, Asia with 5 new franchises
* Co, through its wholly-owned subsidiary, Orkin, expanded
its presence in South America and Asia with addition of five new
franchises
Source text for Eikon:
Further company coverage:
Read more
its presence in South America and Asia with addition of five new
franchises
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Ellomay Capital reports publication of financial results of Dorad Energy
* Reports publication of financial results of Dorad Energy
Ltd. For the three months ended June 30, 2016
Read more
Ltd. For the three months ended June 30, 2016
Read more
Jefferies markets PDVSA trade receivable notes
NEW YORK, Aug 24 (IFR) - Jefferies is marketing trade
receivable promissory notes from cash-strapped Venezuelan oil
company PDVSA, three market sources told IFR on Wednesday.
Read more
receivable promissory notes from cash-strapped Venezuelan oil
company PDVSA, three market sources told IFR on Wednesday.
Read more
BRIEF-Corby Spirit And Wine Q4 EPS C$0.33
* Corby Spirit And Wine announces quarterly dividend and
reports fourth quarter and year-ended 2016 results
Read more
reports fourth quarter and year-ended 2016 results
Read more
MOVES-Valerie Kay leaves Morgan Stanley
NEW YORK, Aug 24 (IFR) - Valerie Kay, a managing director in
senior relationship management at Morgan Stanley, has left the
firm, according to two people close to the situation.
Read more
senior relationship management at Morgan Stanley, has left the
firm, according to two people close to the situation.
Read more
UPDATE 2-S.African finmin says will not meet police, assets slump
* Summons relates to alleged rogue spy unit at tax agency
(Updates after market close, adds comment)
Read more
(Updates after market close, adds comment)
Read more
CORRECTED-Ford to recall 91,000 cars worldwide to fix fuel-pump issue
Aug 24 (Reuters) - Ford Motor Co said on Wednesday it
was recalling about 91,000 vehicles worldwide to replace faulty
fuel-pump parts that could potentially cause a car to stall
without warning.
Read more
was recalling about 91,000 vehicles worldwide to replace faulty
fuel-pump parts that could potentially cause a car to stall
without warning.
Read more
BRIEF-Divergent Energy Services qtrly loss per share $0.01
* "Demand for corporation's ESP Products And Services is expected to remain
strong for remainder of 2016 and into 2017"
Source text for Eikon:
Further company coverage:
Read more
strong for remainder of 2016 and into 2017"
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Express expects traffic to remain a headwind
* Lack of clarity across the assortment in quarter, due to
too many choices, particularly in women's line - conf call
Read more
too many choices, particularly in women's line - conf call
Read more
CEE MARKETS-Warsaw stocks hit August low, PZU causes jitters
* Insurer PZU stocks rebound on pledge to keep dividend
policy
* Energy stocks still drag Warsaw stock index lower
* H1 profit of Hungarian banks surges, OTP bank shares rise
* Zloty underperforms, investors eye Fed
(Recasts with PZU rebound, new comments)
By Sandor Peto and Marcin Goclowski
BUDAPEST/WARSAW, Aug 24 (Reuters) - Warsaw stocks eased on
Wednesday, bucking a rebound of Central European shares, due to
a fall in the profits of insurer PZU and a decline in
energy s
Read more
policy
* Energy stocks still drag Warsaw stock index lower
* H1 profit of Hungarian banks surges, OTP bank shares rise
* Zloty underperforms, investors eye Fed
(Recasts with PZU rebound, new comments)
By Sandor Peto and Marcin Goclowski
BUDAPEST/WARSAW, Aug 24 (Reuters) - Warsaw stocks eased on
Wednesday, bucking a rebound of Central European shares, due to
a fall in the profits of insurer PZU and a decline in
energy s
Read more
BRIEF-TG Therapeutics announces orphan drug designation for TGR-1202 for treatment of chronic lymphocytic leukemia
* TG Therapeutics announces orphan drug designation for
TGR-1202 for treatment of chronic lymphocytic leukemia
Source text for Eikon:
Further company coverage:
Read more
TGR-1202 for treatment of chronic lymphocytic leukemia
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Trxade Group Appoints independent director
* Trxade Group, Inc. Appoints independent director
Source text for Eikon:
Further company coverage:
Read more
Source text for Eikon:
Further company coverage:
Read more
Tuesday, August 23, 2016
PRESS DIGEST- New York Times business news - Aug 24
Aug 24 (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
EMERGING MARKETS-Mexico peso slips on S&P outlook cut, Latam currencies down
SAO PAULO, Aug 23 (Reuters) - Mexico's peso deepened losses
on Tuesday after Standard & Poor's cut the country's sovereign
credit outlook to negative, while other Latin American
currencies weakened following strong U.S. housing data ahead of
Fed Chair Janet Yellen's speech Friday.
Read more
on Tuesday after Standard & Poor's cut the country's sovereign
credit outlook to negative, while other Latin American
currencies weakened following strong U.S. housing data ahead of
Fed Chair Janet Yellen's speech Friday.
Read more
GLOBAL MARKETS-Asia stocks cement gains after recent rally, oil slips
HONG KONG, Aug 24 (Reuters) - Asian stocks consolidated
recent gains on Wednesday, helped by Wall Street's rise
overnight, even as oil prices slid after a surprise build in
U.S. crude stocks.
Read more
recent gains on Wednesday, helped by Wall Street's rise
overnight, even as oil prices slid after a surprise build in
U.S. crude stocks.
Read more
BRIEF-Petroshale reports Q2 production of 1,700 boe/d
* Quarterly production of 1,700 boe/d, an increase of 20%
from previous quarter and 27% over same quarter in 2015
Read more
from previous quarter and 27% over same quarter in 2015
Read more
BRIEF-Fenix Parts receives letter from Nasdaq related to its delayed 10-Q filing
* Fenix parts receives letter from Nasdaq relating to its
delayed 10-Q filing
Source text for Eikon:
Further company coverage:
Read more
delayed 10-Q filing
Source text for Eikon:
Further company coverage:
Read more
UPDATE 2-U.S. Trade Rep approves import ban on Arista devices, says rival Cisco
NEW YORK, Aug 23 (Reuters) - The U.S. Trade Representative
has upheld an import ban on Arista Networks Inc's
ethernet switches following a federal commission's finding in
June that the company's products infringed patents owned by
rival Cisco Systems Inc, Cisco said.
Read more
has upheld an import ban on Arista Networks Inc's
ethernet switches following a federal commission's finding in
June that the company's products infringed patents owned by
rival Cisco Systems Inc, Cisco said.
Read more
Gillette sues Schick maker over claims for Mach3 rival
NEW YORK, Aug 23 (Reuters) - Procter & Gamble Co's
Gillette unit on Tuesday sued the maker of Schick razors,
claiming it falsely marketed a line of private label three-blade
razors and cartridges as being equal to or better than its
popular Mach3.
Read more
Gillette unit on Tuesday sued the maker of Schick razors,
claiming it falsely marketed a line of private label three-blade
razors and cartridges as being equal to or better than its
popular Mach3.
Read more
AIG in talks to sell Lloyd's insurance business to CPPIB-WSJ
Aug 23 (Reuters) - American International Group Inc
is in early talks to sell Lloyd's of London Ltd's
insurance operations to Canada Pension Fund (CPPIB), the Wall
Street Journal reported on Tuesday.
Read more
is in early talks to sell Lloyd's of London Ltd's
insurance operations to Canada Pension Fund (CPPIB), the Wall
Street Journal reported on Tuesday.
Read more
MOVES-Former Itau banker joins buyside firm Noctua
NEW YORK, Aug 23 (IFR) - Ricardo Navarro, the former head of
international debt capital markets at Brazilian investment bank
Itau BBA, has joined asset management firm Noctua Partners as a
portfolio manager.
Read more
international debt capital markets at Brazilian investment bank
Itau BBA, has joined asset management firm Noctua Partners as a
portfolio manager.
Read more
European shares gain, led by housebuilders, mining companies
LONDON, Aug 23 (Reuters) - European shares advanced on
Tuesday, with housebuilders leading the market higher and mining
companies rebounding from their declines the day before.
Read more
Tuesday, with housebuilders leading the market higher and mining
companies rebounding from their declines the day before.
Read more
UPDATE 1-Tesla to unveil new product Tuesday, shares rise
Aug 23 (Reuters) - Tesla Motors Inc Chief Executive
Elon Musk said on Tuesday that the company planned to make a
product announcement later in the day, sending the company's
share price higher.
Read more
Elon Musk said on Tuesday that the company planned to make a
product announcement later in the day, sending the company's
share price higher.
Read more
US STOCKS-Wall St moves higher led by tech, strong housing data
* Indexes up: Dow 0.27 pct, S&P 0.39 pct, Nasdaq 0.45 pct
(Adds details, comments, updates prices)
Read more
(Adds details, comments, updates prices)
Read more
UPDATE 1-Mexico approves oil auction terms for onshore tender in 2017
MEXICO CITY, Aug 23 (Reuters) - Mexico's oil regulator on
Tuesday approved auction terms and contracts for a dozen onshore
oil and gas fields, to be bid out next year as part of a series
of tenders following a landmark energy sector opening.
Read more
Tuesday approved auction terms and contracts for a dozen onshore
oil and gas fields, to be bid out next year as part of a series
of tenders following a landmark energy sector opening.
Read more
CANADA STOCKS-TSX rises to 1-week high as bank earnings support financials
TORONTO, Aug 23 (Reuters) - Canada's main stock index rose
to a one-week high on Tuesday, led by financial shares after one
of the country's major banks reported better-than-expected
earnings, while lower oil prices weighed on energy stocks.
Read more
to a one-week high on Tuesday, led by financial shares after one
of the country's major banks reported better-than-expected
earnings, while lower oil prices weighed on energy stocks.
Read more
Canadian miner Rusoro awarded over $1 bln in Venezuela lawsuit
Aug 23 (Reuters) - Rusoro Mining Ltd, a small
Canadian gold miner, said on Tuesday it was awarded more than
$1.2 billion in damages as a World Bank tribunal ruled that
Venezuela had unlawfully seized the company's gold mine.
Read more
Canadian gold miner, said on Tuesday it was awarded more than
$1.2 billion in damages as a World Bank tribunal ruled that
Venezuela had unlawfully seized the company's gold mine.
Read more
US STOCKS SNAPSHOT-Wall St opens higher for first time in three days
Aug 23 (Reuters) - U.S. stocks opened higher for the first
time in three days on Tuesday as investors await Federal Reserve
Chair Janet Yellen's speech this week for clues on the next
interest rate hike.
Read more
time in three days on Tuesday as investors await Federal Reserve
Chair Janet Yellen's speech this week for clues on the next
interest rate hike.
Read more
BRIEF-Majesco and Elafris announce strategic partnership
* Majesco and Elafris announce strategic partnership
Source text for Eikon:
Further company coverage:
Read more
Source text for Eikon:
Further company coverage:
Read more
US STOCKS-Wall St set to open higher for first time in three days
* Futures up: Dow 44 pts, S&P 4.75 pts, Nasdaq 12.5 pts
(Adds details, comments, updates prices)
Read more
(Adds details, comments, updates prices)
Read more
BRIEF-Dynasty Metals & Mining appoints Hernan Moreno interim CFO
* Appointed Hernan Moreno to role of interim chief financial
officer
Source text for Eikon:
Further company coverage:
Read more
officer
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Cempra - EMA's CHMP will begin their assessment of Solithromycin
* Cempra announces European medicines agency validates MAA
for solithromycin for treatment of CABP
Read more
for solithromycin for treatment of CABP
Read more
BRIEF-Agreement between Unit Cobalt International Energy Angola and Sonangol terminated
* On aug 22, 2016, purchase and sale agreement between unit
cobalt international energy angola ltd. And sonangol was
automatically terminated
Read more
cobalt international energy angola ltd. And sonangol was
automatically terminated
Read more
UPDATE 1-Toll Brothers revenue beats estimates on higher home sales
Aug 23 (Reuters) - Toll Brothers Inc reported a rise
in revenue for the fourth straight quarter, beating analysts'
estimates, as it sold more luxury homes at higher prices,
suggesting a steady growth in the U.S. housing market.
Read more
in revenue for the fourth straight quarter, beating analysts'
estimates, as it sold more luxury homes at higher prices,
suggesting a steady growth in the U.S. housing market.
Read more
CORRECTED-UK Stocks-Factors to watch on August 23
(Corrects first bullet to say index closed down 0.4 percent at 6,828.54 points)
Aug 23 (Reuters) - Britain's FTSE 100 index is seen opening up 24 to
28 points, or 0.4 percent, on Tuesday, according to financial bookmakers.
* The UK blue chip index closed down 0.4 percent at 6,828.54 points on
Monday, with commodity-related stocks leading the market lower following a drop
in metals and crude oil prices.
* RANK GROUP: Casino operator Rank Group Plc said on Tuesday
Britain's de
Read more
UPDATE 1-UK Stocks-Factors to watch on August 23
Aug 23 (Reuters) - Britain's FTSE 100 index is seen opening up 24 to
28 points, or 0.4 percent, on Tuesday, according to financial bookmakers, with
futures up 0.5 percent ahead of the cash market open.
Read more
28 points, or 0.4 percent, on Tuesday, according to financial bookmakers, with
futures up 0.5 percent ahead of the cash market open.
Read more
Monday, August 22, 2016
BRIEF-Galapagos reports start of FINCH Phase 3 program with filgotinib
* Reported on Monday the initiation of the FINCH global
Phase 3 program investigating the efficacy and safety of 100 mg
and 200 mg filgotinib once daily, in rheumatoid arthritis (RA)
patient populations, ranging from early stage to
biologic-experienced patients
Read more
Phase 3 program investigating the efficacy and safety of 100 mg
and 200 mg filgotinib once daily, in rheumatoid arthritis (RA)
patient populations, ranging from early stage to
biologic-experienced patients
Read more
PRESS DIGEST - Wall Street Journal - Aug 23
Aug 23 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
PRESS DIGEST- New York Times business news - Aug 23
Aug 23 (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
MIDEAST STOCKS - Factors to watch - Aug 23
Aug 23 (Reuters) - Here are some factors that may affect
Middle East stock markets on Tuesday. Reuters has not verified
the press reports and does not vouch for their accuracy.
Read more
Middle East stock markets on Tuesday. Reuters has not verified
the press reports and does not vouch for their accuracy.
Read more
Myanmar coffee to hit Whole Foods as economic opening continues
NEW YORK, Aug 23 (Reuters) - Two shipments of coffee beans
from Myanmar arrived in the United States this month, the first
commercial-scale imports in over 15 years and the fruits of a
U.S. government development program for farmers in the
once-isolated southeast Asian economy.
Read more
from Myanmar arrived in the United States this month, the first
commercial-scale imports in over 15 years and the fruits of a
U.S. government development program for farmers in the
once-isolated southeast Asian economy.
Read more
BRIEF-Carver Bancorp reports Q1 earnings per share $0.04
* Qtrly net interest income increased $515,000 or 10.0%, to
$5.7 million
Source text for Eikon:
Further company coverage:
Read more
$5.7 million
Source text for Eikon:
Further company coverage:
Read more
Moody's downgrades Brazil's Odebrecht construction company
SAO PAULO, Aug 22 (Reuters) - Moody's Investors Service
downgraded the credit ratings of two units of Odebrecht SA, the
engineering and construction company and the financial holding
entity, citing liquidity and reputational risks for the
Brazilian conglomerate, which is one of the main targets of the
country widest-ever corruption probe.
Read more
downgraded the credit ratings of two units of Odebrecht SA, the
engineering and construction company and the financial holding
entity, citing liquidity and reputational risks for the
Brazilian conglomerate, which is one of the main targets of the
country widest-ever corruption probe.
Read more
BRIEF-RGS Energy reports Q2 revenue $3.3 mln vs $11.1 mln
* Q2 revenue $3.3 million versus $11.1 million
Source text for Eikon:
Further company coverage:
Read more
Source text for Eikon:
Further company coverage:
Read more
Beyond war on drugs, Philippines' Duterte seen setting up economic boom
MANILA, Aug 23 (Reuters) - Less than two months in office,
Philippines President Rodrigo Duterte is getting high marks from
the business community for policies that could engineer an
economic surge and companies say they are making new investments
as a result.
Read more
Philippines President Rodrigo Duterte is getting high marks from
the business community for policies that could engineer an
economic surge and companies say they are making new investments
as a result.
Read more
Retailer Target to focus on digital efforts, CIO says
Aug 22 (Reuters) - U.S. retailer Target Corp will
focus on technologies that enhance customers' store experience
and on other digital efforts, Chief Information Officer Mike
McNamara said.
Read more
focus on technologies that enhance customers' store experience
and on other digital efforts, Chief Information Officer Mike
McNamara said.
Read more
BRIEF-Accenture to acquire Australian security company Redcore
* Entered into an agreement to acquire Redcore, a privately
held Australia-based consulting company
Source text for Eikon:
Further company coverage:
Read more
held Australia-based consulting company
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Penske Automotive Group reports purchase of 100,000 shares of co's common stock on Aug 18 at average price of $42.85/share
* Penske corp reports purchase of 100,000 shares of co's
common stock on Aug 18 at average price of $42.85/share - SEC
filing
Read more
common stock on Aug 18 at average price of $42.85/share - SEC
filing
Read more
BRIEF-Rosetta Genomics gets notice of rescission of conditional approval from New York State Department of Health for 4 of co's Allele-specific PCR-based assays
* Got notice of rescission of conditional approval from new
york state department of health for 4 of co's Allele-specific
PCR-based assays
Read more
york state department of health for 4 of co's Allele-specific
PCR-based assays
Read more
Brazil's CB Air to acquire rival air taxi firm Global Aviation
SAO PAULO, Aug 22 (Reuters) - Brazil's air taxi service CB
Air, owned by Michael Klein, a major shareholder at retailer Via
Varejo SA, will buy rival Global Aviation for 38
million reais ($12 million), both companies said in a statement.
Read more
Air, owned by Michael Klein, a major shareholder at retailer Via
Varejo SA, will buy rival Global Aviation for 38
million reais ($12 million), both companies said in a statement.
Read more
US STOCKS SNAPSHOT-Wall St flat as biotechs offset energy
NEW YORK, Aug 22 (Reuters) - U.S. stocks were little changed
on Monday as a drop in oil prices that weighed on the energy
sector was offset with a strong showing by biotech stocks.
Read more
on Monday as a drop in oil prices that weighed on the energy
sector was offset with a strong showing by biotech stocks.
Read more
UPDATE 3-Speedo, Ralph Lauren drop Ryan Lochte after Rio incident
Aug 22 (Reuters) - Swimwear maker Speedo and luxury retailer Ralph Lauren Corp ended their sponsorship contracts with Ryan Lochte, days after the U.S. swimmer admitted to exaggerating his story about being robbed at gunpoint in Rio during the Olympics.
Read more
Read more
BRIEF-Helsinn Investment Fund reports 7.1 pct passive stake in MEI Pharma - SEC filing
* Helsinn Investment Fund SA reports 7.1 pct passive stake
in MEI Pharma Inc as of Aug. 16 - SEC filing
Source text (http://bit.ly/2bxhh2P)
Further company coverage:
Read more
in MEI Pharma Inc as of Aug. 16 - SEC filing
Source text (http://bit.ly/2bxhh2P)
Further company coverage:
Read more
BRIEF-Air Industries Group enters Placement Agency Agreement with Taglich Brothers
* Taglich Brothers to offer on best efforts basis, up to
$4.3 million shares of company's 12 percent subordinated
convertible notes due December 31, 2017
Read more
$4.3 million shares of company's 12 percent subordinated
convertible notes due December 31, 2017
Read more
BRIEF-Westcoast Energy - To increase size of offering to 12 mln cumulative 5-yr preferred shares
* Westcoast Energy says has agreed to increase size of
offering to 12 mln cumulative 5 year minimum rate reset
redeemable first preferred shares
Read more
offering to 12 mln cumulative 5 year minimum rate reset
redeemable first preferred shares
Read more
EXOR's Dutch base could allow Agnellis to cut stake without losing control
MILAN, Aug 22 (Reuters) - The move by EXOR to
switch its base to the Netherlands could allow Italy's Agnelli
family to reduce its majority stake without losing its grip on
the holding company that controls Fiat Chrysler, a
document showed.
Read more
switch its base to the Netherlands could allow Italy's Agnelli
family to reduce its majority stake without losing its grip on
the holding company that controls Fiat Chrysler, a
document showed.
Read more
General Electric to submit bid for Areva's Adwen on Aug. 24 - media
PARIS, Aug 22 (Reuters) - General Electric plans to
submit a bid as early as Thursday to acquire French wind power
group Adwen, jointly owned by Spain's Gamesa and
France's Areva, weekly magazine La Lettre de
l'Expansion reported on Monday.
Read more
submit a bid as early as Thursday to acquire French wind power
group Adwen, jointly owned by Spain's Gamesa and
France's Areva, weekly magazine La Lettre de
l'Expansion reported on Monday.
Read more
BRIEF-Oriana Resources says no longer proceeding with the Graphene Lighting Plc deal
* Oriana Resources Corporation announces that it will no
longer be proceeding with its qualifying transaction with
Graphene Lighting Plc
Read more
longer be proceeding with its qualifying transaction with
Graphene Lighting Plc
Read more
US STOCKS SNAPSHOT-Wall Street opens lower as oil prices drop
Aug 22 (Reuters) - U.S. stocks opened lower on Monday as oil
prices fell and investors weighed the prospects of an interest
rate hike as soon as next month.
Read more
prices fell and investors weighed the prospects of an interest
rate hike as soon as next month.
Read more
BRIEF-Aoxin Tianli Group to sell specialty black hog pork products through online group buying site
* Aoxin Tianli Group Inc to sell specialty black hog pork
products through online group buying site
Source text for Eikon:
Further company coverage:
Read more
products through online group buying site
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Medivation to pay fee of $510 mln, upon Pfizer deal termination
* Upon termination, Medivation will pay Pfizer a termination
fee of $510 million
Source text: (http://bit.ly/2bbItyC)
Further company coverage:
Read more
fee of $510 million
Source text: (http://bit.ly/2bbItyC)
Further company coverage:
Read more
BRIEF-RLJ Entertainment enters into agreement with AMC Networks' unit
* Entered into an investment agreement with Digital
Entertainment Holdings Llc, unit of AMC Networks Inc - SEC
filing
Read more
Entertainment Holdings Llc, unit of AMC Networks Inc - SEC
filing
Read more
BRIEF-Spain to issue up to 3.5 bln euros in T-bills on Tuesday
* Says it will issue between 2.5 billion euros and 3.5
billion euros ($2.83 billion-$3.96 billion) in 3- and 9-month
Treasury bills on Tuesday
Source text for Eikon:
($1 = 0.8846 euros)
(Reporting by Madrid newsroom)
Read more
billion euros ($2.83 billion-$3.96 billion) in 3- and 9-month
Treasury bills on Tuesday
Source text for Eikon:
($1 = 0.8846 euros)
(Reporting by Madrid newsroom)
Read more
BRIEF-U.S. Concrete acquires Ready-Mixed Concrete Producer in NY
* U.S. Concrete acquires Ready-Mixed Concrete Producer in
New York Metropolitan Area
Source text for Eikon:
Further company coverage:
Read more
New York Metropolitan Area
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Lilly and Astrazeneca receive FDA fast track designation for AZD3293
* Lilly and Astrazeneca receive FDA fast track designation
for AZD3293, an investigational treatment for early Alzheimer's
disease
Read more
for AZD3293, an investigational treatment for early Alzheimer's
disease
Read more
EMERGING MARKETS-Fed bets, dollar gains induce emerging markets pullback
LONDON, Aug 22 (Reuters) - Emerging stocks slipped half a
percent on Monday after the U.S. Fed's number two policymaker
rekindled expectations of a near-term rate rise, while Turkish
assets weakened after Fitch cut its credit rating outlook.
Read more
percent on Monday after the U.S. Fed's number two policymaker
rekindled expectations of a near-term rate rise, while Turkish
assets weakened after Fitch cut its credit rating outlook.
Read more
Government on hook for China banks' shrinking capital
HONG KONG, Aug 22 (Reuters) - Hit by bad loans, Chinese
banks are expected to show a weakening in their capital strength
in first-half earnings, raising the prospect that government
might have to inject more than $100 billion to shore them up,
according to some analysts.
Read more
banks are expected to show a weakening in their capital strength
in first-half earnings, raising the prospect that government
might have to inject more than $100 billion to shore them up,
according to some analysts.
Read more
Sunday, August 21, 2016
UPDATE 1-UK Stocks-Factors to watch on August 22
Aug 22 (Reuters) - Britain's FTSE 100 index is seen opening down 2
points, according to financial bookmakers, with futures down 0.1 percent
ahead of the cash market open.
Read more
points, according to financial bookmakers, with futures down 0.1 percent
ahead of the cash market open.
Read more
U.S. watchdog clears ChemChina takeover of Syngenta
ZURICH, Aug 22 (Reuters) - A U.S. regulator has cleared
ChemChina's blockbuster takeover of Swiss pesticides and seeds
group Syngenta, the companies said on Monday.
Read more
ChemChina's blockbuster takeover of Swiss pesticides and seeds
group Syngenta, the companies said on Monday.
Read more
Welspun India shares slump after Target severs ties with co
MUMBAI, Aug 22 (Reuters) - Shares in Welspun India
, one of the world's largest textile manufacturers,
fell by their maximum daily limit of 20 percent on Monday after
Target Corp said it was severing ties with the company
over a cotton supply dispute.
Read more
, one of the world's largest textile manufacturers,
fell by their maximum daily limit of 20 percent on Monday after
Target Corp said it was severing ties with the company
over a cotton supply dispute.
Read more
PRESS DIGEST - Wall Street Journal - Aug 22
Aug 22 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Taiwan's Mega Financial shares fall 5 pct after New York branch fined by regulators
TAIPEI, Aug 22 (Reuters) - Shares of Mega Financial Holding
, one of Taiwan's biggest banks, opened 5 percent lower
in Taipei on Monday after its New York banking branch was fined
$180 million by New York State's financial services department
for anti-money laundering violations that included lax attention
to risk exposure in Panama.
Read more
, one of Taiwan's biggest banks, opened 5 percent lower
in Taipei on Monday after its New York banking branch was fined
$180 million by New York State's financial services department
for anti-money laundering violations that included lax attention
to risk exposure in Panama.
Read more
RPT-UPDATE 3-China blasts Australian blocking of grid sale; door open to locals
SYDNEY, Aug 19 (Reuters) - China voiced anger on Friday over
a decision by Australia to rule out on security grounds the
preferred Chinese bidders for an energy grid potentially worth
more than $7 billion and restart the sale process.
Read more
a decision by Australia to rule out on security grounds the
preferred Chinese bidders for an energy grid potentially worth
more than $7 billion and restart the sale process.
Read more
Pfizer nears $14 billion deal for Medivation-source
Aug 21 (Reuters) - Pfizer Inc is in advanced talks
to acquire U.S. cancer drug company Medivation Inc for
close to $14 billion, as it seeks to boost its oncology
portfolio, a person familiar with the matter said on Sunday.
Read more
to acquire U.S. cancer drug company Medivation Inc for
close to $14 billion, as it seeks to boost its oncology
portfolio, a person familiar with the matter said on Sunday.
Read more
RPT-Wall St Week Ahead-Stock rotation to continue as Fed seen open to 2016 hike
NEW YORK, Aug 19 (Reuters) - The rotation to cyclical
sectors of the S&P 500 and away from defensive stocks could
continue next week if Federal Reserve chair Janet Yellen strikes
a tone more welcoming to an interest rate increase later this
year.
Read more
sectors of the S&P 500 and away from defensive stocks could
continue next week if Federal Reserve chair Janet Yellen strikes
a tone more welcoming to an interest rate increase later this
year.
Read more
UPDATE 1-Diesel leaking from Canada train derailment; no injuries
TORONTO, Aug 21 (Reuters) - A Canadian Pacific Railway Ltd
train has derailed, causing diesel fuel to leak in the
densely populated city of Toronto, but there were no injuries,
the Transportation Safety Board of Canada said on Sunday.
Read more
train has derailed, causing diesel fuel to leak in the
densely populated city of Toronto, but there were no injuries,
the Transportation Safety Board of Canada said on Sunday.
Read more
Mexico-U.S air transport deal begins in bid to boost competition
MEXICO CITY, Aug 21 (Reuters) - An air transport deal
between Mexico and the United States that aims to boost
competition in the passenger and freight sectors came into force
on Sunday, Mexico's Communications and Transport Ministry said.
Read more
between Mexico and the United States that aims to boost
competition in the passenger and freight sectors came into force
on Sunday, Mexico's Communications and Transport Ministry said.
Read more
RPT-UPDATE 2-Soccer-Liverpool not for sale despite Chinese interest - source
LONDON, Aug 21 (Reuters) - The American owners of Liverpool,
one of the most famous teams in English soccer, are not planning
to sell, a senior source at the club said on Sunday, after
reports that a Chinese-backed consortium wanted to buy a
sizeable stake.
Read more
one of the most famous teams in English soccer, are not planning
to sell, a senior source at the club said on Sunday, after
reports that a Chinese-backed consortium wanted to buy a
sizeable stake.
Read more
Soccer-Senior Liverpool source says club not up for sale
LONDON, Aug 21 (Reuters) - The American owners of England's Liverpool Football Club are not planning to sell, a senior source at the soccer club said on Sunday, after reports that they were gearing up for the possible sale of a stake to a Chinese-backed consortium.
Read more
Read more
Anger in the Delta keeps oil majors quiet - and Nigeria's crude offline
LONDON/LAGOS, Aug 21 (Reuters) - Oil companies and even
Nigerian officials are losing faith in a deal anytime soon with
militants who have slashed the nation's oil output, casting
doubt on a production recovery in what is typically Africa's
largest oil exporter.
Read more
Nigerian officials are losing faith in a deal anytime soon with
militants who have slashed the nation's oil output, casting
doubt on a production recovery in what is typically Africa's
largest oil exporter.
Read more
Egypt sees eurobond yield at 5.5-6 pct for Sept/Oct issuance
CAIRO, Aug 21 (Reuters) - Egypt expects its eurobond
issuance at the end of September or early October to have a
yield between 5.5 percent and 6 percent, Deputy Finance Minister
for fiscal policies Ahmed Kojak told Reuters on Sunday.
Read more
issuance at the end of September or early October to have a
yield between 5.5 percent and 6 percent, Deputy Finance Minister
for fiscal policies Ahmed Kojak told Reuters on Sunday.
Read more
MIDEAST STOCKS - Factors to watch - Aug 21
Aug 21 (Reuters) - Here are some factors that may affect
Middle East stock markets on Sunday. Reuters has not verified
the press reports and does not vouch for their accuracy.
Read more
Middle East stock markets on Sunday. Reuters has not verified
the press reports and does not vouch for their accuracy.
Read more
RPT-UPDATE 1-Soccer-Liverpool hire advisers after Chinese bid - report
Aug 20 (Reuters) - Liverpool's owners have hired an
investment bank to advise on the possible sale of a sizeable
stake in the club to a Chinese consortium, the Financial Times
said on Saturday citing sources close to the matter.
Read more
investment bank to advise on the possible sale of a sizeable
stake in the club to a Chinese consortium, the Financial Times
said on Saturday citing sources close to the matter.
Read more
Saturday, August 20, 2016
UPDATE 2-Viacom says CEO Dauman to resign post immediately; Dooley steps in
NEW YORK, Aug 20 (Reuters) - Viacom Inc said on
Saturday that Chief Executive Philippe Dauman will resign
immediately, marking a victory for the family of controlling
shareholder Sumner Redstone in the battle for the $40 billion
media empire.
Read more
Saturday that Chief Executive Philippe Dauman will resign
immediately, marking a victory for the family of controlling
shareholder Sumner Redstone in the battle for the $40 billion
media empire.
Read more
Goldman, S.Korea fund to buy majority stake in cookware firm Happycall
SEOUL, Aug 21 (Reuters) - Goldman Sachs Group Inc and
South Korean private equity firm EastBridge Partners said on
Sunday they have agreed to acquire a majority stake in cookware
and kitchen appliances maker Happycall Co Ltd.
Read more
South Korean private equity firm EastBridge Partners said on
Sunday they have agreed to acquire a majority stake in cookware
and kitchen appliances maker Happycall Co Ltd.
Read more
Viacom says CEO Dauman to leave in September
NEW YORK, Aug 20 (Reuters) - Viacom Inc said on
Saturday that Chief Executive Philippe Dauman will leave the
company next month, marking a victory for the family of
controlling shareholder Sumner Redstone in the battle for the
$40 billion media empire.
Read more
Saturday that Chief Executive Philippe Dauman will leave the
company next month, marking a victory for the family of
controlling shareholder Sumner Redstone in the battle for the
$40 billion media empire.
Read more
EXOR says Dutch base makes it easier to invest, raise funds
MILAN, Aug 20 (Reuters) - Italy's EXOR, the
holding company of the Agnelli family, said switching its base
to the Netherlands will make it easier to carry out acquisitions
and raise funds in the future.
Read more
holding company of the Agnelli family, said switching its base
to the Netherlands will make it easier to carry out acquisitions
and raise funds in the future.
Read more
Conservatives split over U.S. land transfers to Western states
By Eric M. Johnson
ELLIOTT STATE FOREST, Ore., Aug 20 (Reuters) - Every time
Dean Finnerty sees the locked neon-yellow gate and "No
Trespassing" sign deep in Oregon's Elliott State Forest, he
bristles at the growing movement to transfer federally owned
land to U.S. states.
The 52-year-old conservationist and lifelong political
conservative worries that cash-strapped states that acquire such
land will ultimately be forced to sell to private companies only
to extract oil, gas and timber.
Read more
ELLIOTT STATE FOREST, Ore., Aug 20 (Reuters) - Every time
Dean Finnerty sees the locked neon-yellow gate and "No
Trespassing" sign deep in Oregon's Elliott State Forest, he
bristles at the growing movement to transfer federally owned
land to U.S. states.
The 52-year-old conservationist and lifelong political
conservative worries that cash-strapped states that acquire such
land will ultimately be forced to sell to private companies only
to extract oil, gas and timber.
Read more
Toyota restarts production in Venezuela after six months
Aug 19 (Reuters) - Toyota said on Friday it had
restarted its Venezuelan factory after six months without
producing vehicles because of hard currency shortages, good news
for the South American nation suffering a roiling recession that
has closed many factories
Read more
restarted its Venezuelan factory after six months without
producing vehicles because of hard currency shortages, good news
for the South American nation suffering a roiling recession that
has closed many factories
Read more
Friday, August 19, 2016
BRIEF-Manitok Energy and Raimount Energy announce closing of arrangement
* Manitok Energy and Raimount Energy announce closing of
arrangement and Manitok Energy announces closing of non-brokered
subscription receipt financing and appointment of director
Source text for Eikon:
Further company coverage:
Read more
arrangement and Manitok Energy announces closing of non-brokered
subscription receipt financing and appointment of director
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Rathdowney Resources closes first tranche of private placement
* Rathdowney closes first tranche of private placement
Source text for Eikon:
Further company coverage:
Read more
Source text for Eikon:
Further company coverage:
Read more
Frank Ocean releases new music, finally
NEW YORK, Aug 19 (Reuters) - After much anticipation,
influential R&B artist Frank Ocean has made waves with the
unveiling of "Endless," a new visual album, his first in four
years.
Read more
influential R&B artist Frank Ocean has made waves with the
unveiling of "Endless," a new visual album, his first in four
years.
Read more
BRIEF-Akers Biosciences settles, to sell breath technology tests
* Settles dispute with Chube, Thirty Six Strategies Llc ,
Gavin Moran, Frank Runge - SEC Filing
Read more
Gavin Moran, Frank Runge - SEC Filing
Read more
BRIEF-First Acceptance reports qtrly loss per share $0.48
* First Acceptance Corporation reports operating results for
the three and six months ended June 30, 2016
Read more
the three and six months ended June 30, 2016
Read more
Death toll in Maryland apartment building fire rises to seven
Aug 19 (Reuters) - Seven bodies have now been discovered in
a Washington, D.C., suburb where a natural gas explosion and
fire tore through an apartment complex just over two weeks ago,
authorities said on Friday.
Read more
a Washington, D.C., suburb where a natural gas explosion and
fire tore through an apartment complex just over two weeks ago,
authorities said on Friday.
Read more
IEX's 'Flash Boys' exchange goes live, aims to disrupt market
NEW YORK, Aug 19 (Reuters) - IEX Group, the upstart trading
venue featured in Michael Lewis's book "Flash Boys: A Wall
Street Revolt," began operations as a public stock exchange on
Friday after more than 2-1/2 years as an off-exchange trading
platform.
Read more
venue featured in Michael Lewis's book "Flash Boys: A Wall
Street Revolt," began operations as a public stock exchange on
Friday after more than 2-1/2 years as an off-exchange trading
platform.
Read more
CORRECTED-UPDATE 3-Deere raises outlook; profit falls less than expected
Aug 19 (Reuters) - Deere & Co reported a much
smaller-than-expected drop in quarterly profit on Friday and
raised its fiscal-year outlook as cost controls helped the
machinery maker weather a global agricultural recession and
difficult construction market.
Read more
smaller-than-expected drop in quarterly profit on Friday and
raised its fiscal-year outlook as cost controls helped the
machinery maker weather a global agricultural recession and
difficult construction market.
Read more
BRIEF-Valeura Energy - Execution of definitive agreements for Statoil farm-in on Banarli licences in Turkey
* Valeura announces execution of definitive agreements for
Statoil farm-in on Banarli licences in Turkey
Read more
Statoil farm-in on Banarli licences in Turkey
Read more
CANADA STOCKS-TSX barely higher; lower metals prices weigh on miners
TORONTO, Aug 19 (Reuters) - Canada's main stock index was
barely higher on Friday, as gains for bank, consumer and railway
stocks offset declines for miners which fell on weaker metals
prices.
Read more
barely higher on Friday, as gains for bank, consumer and railway
stocks offset declines for miners which fell on weaker metals
prices.
Read more
Geo Group says Bureau of Prisons rescinds contract renewal
Aug 19 (Reuters) - Private prison operator Geo Group Inc
said the Federal Bureau of Prisons (BOP) rescinded a
previously granted extension to operate a facility after
renewing the contract.
Read more
said the Federal Bureau of Prisons (BOP) rescinded a
previously granted extension to operate a facility after
renewing the contract.
Read more
Britain not to trigger EU divorce before end of year - Downing Street
LONDON, Aug 19 (Reuters) - British Prime Minister Theresa
May will not begin formal divorce talks on leaving the European
Union before the end of the year, a government spokeswoman said
on Friday.
Read more
May will not begin formal divorce talks on leaving the European
Union before the end of the year, a government spokeswoman said
on Friday.
Read more
Investor resistance to Triple C risk crumbles
NEW YORK, Aug 19 (IFR) - Resistance is futile for some
investors eyeing risky Triple C bonds as spreads and absolute
returns continue to tighten across the board.
Read more
investors eyeing risky Triple C bonds as spreads and absolute
returns continue to tighten across the board.
Read more
LPC: Chefs' Warehouse earnings guidance misses mark after financing
NEW YORK, Aug 19 (Reuters) - Chefs' Warehouse this
month cut its earnings forecast by about 20% just weeks after it
obtained millions of dollars in financing, drawing the ire of
some lenders.
Read more
month cut its earnings forecast by about 20% just weeks after it
obtained millions of dollars in financing, drawing the ire of
some lenders.
Read more
BRIEF-Synthesis Energy says restructuring Zao Zhuang new gas company joint venture in China
* Synthesis energy systems, inc. Announces the restructuring
of zao zhuang new gas company joint venture in shandong
province, china
Read more
of zao zhuang new gas company joint venture in shandong
province, china
Read more
BRIEF-Spectral expects to release primary end point results for pivotal Euphrates after end of Q3
* Expects to release primary end point results for pivotal
Euphrates trial immediately after end of Q3 ended September 30,
2016
Read more
Euphrates trial immediately after end of Q3 ended September 30,
2016
Read more
BRIEF-Tencent's unit, Huang River purchases 8.02 mln JD.com ADSs
* Tencent's unit, Huang River Investment reports 21.25 pct
stake in JD.com as of August 17-SEC filing
Read more
stake in JD.com as of August 17-SEC filing
Read more
US STOCKS-Futures dip; earnings season ends, rate hike timing in focus
Aug 19 (Reuters) - U.S. stock index futures were lower on
Friday after a week of choppy trading as the corporate earnings
season winds down and investors again focus on the timing of the
Federal Reserve's next interest rate hike.
Read more
Friday after a week of choppy trading as the corporate earnings
season winds down and investors again focus on the timing of the
Federal Reserve's next interest rate hike.
Read more
BRIEF-Geo Group says Federal Bureau of Prisons renewed contract for correctional facility
* The Geo group announces contract renewal by the federal
bureau of prisons for the D. Ray James correctional facility
Read more
bureau of prisons for the D. Ray James correctional facility
Read more
EU mergers and takeovers (Aug 19)
BRUSSELS, Aug 19 (Reuters) - The following are mergers under
review by the European Commission and a brief guide to the EU
merger process:
Read more
review by the European Commission and a brief guide to the EU
merger process:
Read more
European shares set for biggest weekly fall since mid-June
* William Hill gains after deal breaks down
(Recasts, adds detail and quote, updates prices)
Read more
(Recasts, adds detail and quote, updates prices)
Read more
UPDATE 1-Australian treasurer formally rejects Chinese bids for state-owned Ausgrid
SYDNEY, Aug 19 (Reuters) - Australian Treasurer Scott
Morrison on Friday officially rejected bids by two Chinese
companies in the A$10-billion ($7.67-billion) sale of the
country's biggest energy grid, Ausgrid, after they failed to
overcome security concerns.
Read more
Morrison on Friday officially rejected bids by two Chinese
companies in the A$10-billion ($7.67-billion) sale of the
country's biggest energy grid, Ausgrid, after they failed to
overcome security concerns.
Read more
Chevron says no plan to exit Thailand, may keep stake in Myanmar gas field
BANGKOK, Aug 19 (Reuters) - Chevron is committed to
its Thailand investments despite job cuts that have spurred
rumours of the U.S. oil major's exit, and may keep a Myanmar gas
field stake if no attractive offer is made for the asset, an
executive said in a statement on Friday.
Read more
its Thailand investments despite job cuts that have spurred
rumours of the U.S. oil major's exit, and may keep a Myanmar gas
field stake if no attractive offer is made for the asset, an
executive said in a statement on Friday.
Read more
Nikkei edges up as strong yen trend pauses; posts 2.2 pct weekly drop
TOKYO, Aug 19 (Reuters) - Japan's Nikkei share average edged
higher on Friday as the strong yen trend paused, soothing
investors, but gains were limited as many stayed cautious before
next week's global meeting of central bankers.
Read more
higher on Friday as the strong yen trend paused, soothing
investors, but gains were limited as many stayed cautious before
next week's global meeting of central bankers.
Read more
Thursday, August 18, 2016
PRESS DIGEST - Wall Street Journal - Aug 19
Aug 19 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
PRESS DIGEST- New York Times business news - Aug 19
Aug 19 (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
JPMorgan adds sukuk to emerging markets indices
KUALA LUMPUR/SYDNEY/LONDON, Aug 19 (Reuters) - U.S.
investment bank JPMorgan will include Islamic bonds, or
sukuk, in its emerging markets indices for the first time from
later this year, widening the appeal of Islamic instruments
among global debt investors.
Read more
investment bank JPMorgan will include Islamic bonds, or
sukuk, in its emerging markets indices for the first time from
later this year, widening the appeal of Islamic instruments
among global debt investors.
Read more
UPDATE 1-Australia denies banks interim approval to jointly negotiate with Apple on payment apps
SYDNEY, Aug 19 (Reuters) - Australia's anti-trust regulator
on Friday said it would not grant the country's three biggest
banks interim approval to collectively negotiate with Apple Inc
to install their own electronic payments applications
on iPhones.
Read more
on Friday said it would not grant the country's three biggest
banks interim approval to collectively negotiate with Apple Inc
to install their own electronic payments applications
on iPhones.
Read more
BRIEF-DEQ appoints Libby Lamm as CFO
* DEQ appoints Libby Lamm as chief financial officer and
treasurer
Source text for Eikon:
Further company coverage:
Read more
treasurer
Source text for Eikon:
Further company coverage:
Read more
UPDATE 3-U.S. judge rejects Uber's driver expenses settlement
SAN FRANCISCO, Aug 18 (Reuters) - A U.S. judge on Thursday
rejected an attempt by Uber Technologies Inc to settle a class
action lawsuit with drivers who claimed they were employees and
entitled to expenses.
Read more
rejected an attempt by Uber Technologies Inc to settle a class
action lawsuit with drivers who claimed they were employees and
entitled to expenses.
Read more
PRESS DIGEST- Financial Times - Aug 19
Aug 19 (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
UPDATE 2-Emerson Electric to buy Pentair's valves business for $3.15 bln
Aug 18 (Reuters) - U.S. factory automation equipment maker
Emerson Electric Co said on Thursday it would buy pump
manufacturer Pentair Plc's valves & controls business
for $3.15 billion in cash, as it expand its core businesses.
Read more
Emerson Electric Co said on Thursday it would buy pump
manufacturer Pentair Plc's valves & controls business
for $3.15 billion in cash, as it expand its core businesses.
Read more
UPDATE 4-U.S. to phase out federal use of private prisons
WASHINGTON, Aug 18 (Reuters) - The U.S. Justice Department
announced plans on Thursday to phase out its use of privately
operated prisons, calling them less safe and a poor substitute
for government-run facilities.
Read more
announced plans on Thursday to phase out its use of privately
operated prisons, calling them less safe and a poor substitute
for government-run facilities.
Read more
BRIEF-Home Depot declares Q2 dividend of 69 cents
* Home Depot declares second quarter dividend of 69 cents
Source text for Eikon:
Further company coverage:
Read more
Source text for Eikon:
Further company coverage:
Read more
Subscribe to:
Posts (Atom)