WASHINGTON, Sept 22 (Reuters) - Tesla Motors Inc
Thursday sued Michigan Governor Rick Snyder and other state
officials in federal court over the state's refusal to allow the
Palo Alto, California automaker to sell vehicles directly to
consumers.
Read more
Thursday, September 22, 2016
BRIEF-Cove Street Capital calls upon Penny Family to sell Westell Technologies
* Cove Street Capital,other shareholders of Westell
Technologies, "resoundingly rebuke" co's board of
directors,strategic direction
Read more
Technologies, "resoundingly rebuke" co's board of
directors,strategic direction
Read more
US STOCKS-Wall St rally continues after Fed rate decision
* Indexes up: Dow 0.68 pct, S&P 0.58 pct, Nasdaq 0.61 pct
(Adds details, comments, updates prices)
Read more
(Adds details, comments, updates prices)
Read more
EU hints at appeal against new WTO report on Airbus subsidies
PARIS, Sept 22 (Reuters) - The European Union signalled on
Thursday that it may appeal the latest World Trade Organization
judgment against European government subsidies for planemaker
Airbus <AIR.PA, saying it found some of the newly published
findings "unsatisfactory".
Read more
Thursday that it may appeal the latest World Trade Organization
judgment against European government subsidies for planemaker
Airbus <AIR.PA, saying it found some of the newly published
findings "unsatisfactory".
Read more
CANADA STOCKS-TSX rises as energy shares jump with oil
TORONTO, Sept 22 (Reuters) - Energy stocks led a broad rally
on Canada's main stock index on Thursday as oil prices jumped
and investors digested the U.S. Federal Reserve's more cautious
approach to future rate hikes.
Read more
on Canada's main stock index on Thursday as oil prices jumped
and investors digested the U.S. Federal Reserve's more cautious
approach to future rate hikes.
Read more
BRIEF-Automatic Data Processing CEO Carlos Rodriguez's FY 2016 total compensation $10.9 mln
* CEO Carlos Rodriguez's FY 2016 total compensation was
$10.9 million versus $8.3 million in FY 2015 - sec filing
Read more
$10.9 million versus $8.3 million in FY 2015 - sec filing
Read more
BRIEF-Expedia,Inc. Announces consent solicitation to amend its 5.95% senior notes due 2020
* Expedia, Inc. Announces consent solicitation to amend its
5.95% senior notes due 2020
Source text for Eikon:
Further company coverage:
Read more
5.95% senior notes due 2020
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Piedmont Airlines announces increase in pilot pay
* First year first officers at Piedmont will now earn nearly
$60,000 while training and flying under Piedmont's parent co,
American Airlines
Read more
$60,000 while training and flying under Piedmont's parent co,
American Airlines
Read more
US STOCKS-Futures rise after Fed leaves interest rates unchanged
Sept 22 (Reuters) - U.S. stock index futures rose on
Thursday, a day after the Federal Reserve stood pat on interest
rates in a widely expected outcome.
Read more
Thursday, a day after the Federal Reserve stood pat on interest
rates in a widely expected outcome.
Read more
BRIEF-Scholastic reports first quarter fiscal 2017 results
* Reaffirms FY 2017 earnings per share view $1.60 to $1.70
from continuing operations excluding items
Read more
from continuing operations excluding items
Read more
Brazil police launch new phase of corruption probe -media
SAO PAULO, Sept 22 (Reuters) - Brazilian police launched a
new phase of a sweeping corruption investigation on Thursday,
with former Finance Minister Guido Mantega coming under
investigation, according to Globo News.
Read more
new phase of a sweeping corruption investigation on Thursday,
with former Finance Minister Guido Mantega coming under
investigation, according to Globo News.
Read more
PRECIOUS-Gold down as December U.S. rate hike seen more likely
* Gold volatility seen increasing
* SPDR Gold holdings rose 0.60 pct Wednesday
* Silver off 2-week highs hit early in the day
* Palladium off highest since Sept 8
(Updates throughout, changes BENGALURU dateline)
By Zandi Shabalala
LONDON, Sept 22 (Reuters) - Gold fell on Thursday as the
U.S. Federal Reserve signalled an interest rate increase by the
end of the year after policy was kept unchanged in September, as
expected.
Bullion gained late on Wednesday as the Fed sta
Read more
* SPDR Gold holdings rose 0.60 pct Wednesday
* Silver off 2-week highs hit early in the day
* Palladium off highest since Sept 8
(Updates throughout, changes BENGALURU dateline)
By Zandi Shabalala
LONDON, Sept 22 (Reuters) - Gold fell on Thursday as the
U.S. Federal Reserve signalled an interest rate increase by the
end of the year after policy was kept unchanged in September, as
expected.
Bullion gained late on Wednesday as the Fed sta
Read more
White House seeks improved tribal relations as pipeline fight lingers
By Valerie Volcovici
WASHINGTON, Sept 22 (Reuters) - The leaders of hundreds of
Native American tribes will meet with President Barack Obama at
his eighth and final Tribal Nations Conference at the White
House next week, while thousands of activists are encamped on
the North Dakota prairie protesting a $3.7 billion oil pipeline.
The conference, designed to improve the relationship between
Washington and the tribes, offers the last chance for this
administration to hear from tribal leader
Read more
WASHINGTON, Sept 22 (Reuters) - The leaders of hundreds of
Native American tribes will meet with President Barack Obama at
his eighth and final Tribal Nations Conference at the White
House next week, while thousands of activists are encamped on
the North Dakota prairie protesting a $3.7 billion oil pipeline.
The conference, designed to improve the relationship between
Washington and the tribes, offers the last chance for this
administration to hear from tribal leader
Read more
European shares rally as Fed keeps rates unchanged
LONDON, Sept 22 (Reuters) - European shares climbed higher
in early trading on Thursday, mirroring gains on Wall Street and
Asia, after the U.S. Federal Reserve left interest rates
unchanged and projected a less aggressive path for hikes next
year and in 2018.
Read more
in early trading on Thursday, mirroring gains on Wall Street and
Asia, after the U.S. Federal Reserve left interest rates
unchanged and projected a less aggressive path for hikes next
year and in 2018.
Read more
RPT-Denmark's A.P. Moller-Maersk to split up into transport, energy divisions
COPENHAGEN, Sept 22 (Reuters) - Danish shipping and oil
conglomerate A.P. Moller-Maersk said on Thursday it
will separate its businesses into separate transport and energy
divisions in a bid to better tackle the problems facing its
struggling businesses.
Read more
conglomerate A.P. Moller-Maersk said on Thursday it
will separate its businesses into separate transport and energy
divisions in a bid to better tackle the problems facing its
struggling businesses.
Read more
Wednesday, September 21, 2016
PRECIOUS-Gold down on profit-taking as stocks rally after Fed holds rates
* Spot gold may retest key resistance at $1,338 -technicals
* SPDR Gold holdings up 0.60 pct Wednesday
* Silver hits 2-wk high, palladium off highest since Sept 8
(Recasts, adds comments, updates prices)
By Swati Verma
BENGALURU, Sept 22 (Reuters) - Gold prices edged lower on
Thursday as investors booked profits after a 1.5 percent rise in
the previous session, opting for riskier assets like equities
after the U.S. Federal Reserve held interest rates steady at the
end of a two-
Read more
* SPDR Gold holdings up 0.60 pct Wednesday
* Silver hits 2-wk high, palladium off highest since Sept 8
(Recasts, adds comments, updates prices)
By Swati Verma
BENGALURU, Sept 22 (Reuters) - Gold prices edged lower on
Thursday as investors booked profits after a 1.5 percent rise in
the previous session, opting for riskier assets like equities
after the U.S. Federal Reserve held interest rates steady at the
end of a two-
Read more
Swiss stocks - Factors to watch on Sept 22
ZURICH, Sept 22 (Reuters) - The following are some of the
main factors expected to affect Swiss stocks on Thursday:
Read more
main factors expected to affect Swiss stocks on Thursday:
Read more
CORRECTED-UPDATE 1-Yum China files to issue 10 mln shares to Yum employees
Sept 21 (Reuters) - Yum China Holdings Inc, which is being
spun off from KFC owner Yum Brands Inc, filed with
regulators on Wednesday to issue 10 million common shares to
certain participants in Yum incentive plans.
Read more
spun off from KFC owner Yum Brands Inc, filed with
regulators on Wednesday to issue 10 million common shares to
certain participants in Yum incentive plans.
Read more
GLOBAL MARKETS-Asian shares surge, dollar lags on slow-motion Fed
SINGAPORE/SYDNEY, Sept 22 (Reuters) - Asian shares surged on
Thursday, taking their cue from Wall Street, after the Federal
Reserve left U.S. interest rates unchanged and slowed the pace
of future hikes, slugging the dollar and lifting commodity
prices.
Read more
Thursday, taking their cue from Wall Street, after the Federal
Reserve left U.S. interest rates unchanged and slowed the pace
of future hikes, slugging the dollar and lifting commodity
prices.
Read more
UPDATE 1-e.l.f. Beauty prices IPO at $17, above indicated $14-$16 range -source
Sept 21 (Reuters) - Budget cosmetics company e.l.f. Beauty
Inc priced its initial public offering (IPO) above
expectations on Wednesday, raising $141 million, according to a
person familiar with the matter.
Read more
Inc priced its initial public offering (IPO) above
expectations on Wednesday, raising $141 million, according to a
person familiar with the matter.
Read more
UPDATE 1-Colonial says gasoline line safely restarted after leak
NEW YORK, Sept 21 (Reuters) - Colonial Pipeline Co
said its main gasoline line, Line 1, was safely
restarted and returned to service on Wednesday after its biggest
leak in nearly two decades squeezed supply and led to increased
prices at the pump in the Southeast United States.
Read more
said its main gasoline line, Line 1, was safely
restarted and returned to service on Wednesday after its biggest
leak in nearly two decades squeezed supply and led to increased
prices at the pump in the Southeast United States.
Read more
PRESS DIGEST- Financial Times - Sept 22
Sept 22 (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 3-U.S. SEC charges fund manager Cooperman with insider trading
NEW YORK, Sept 21 (Reuters) - The top U.S. securities
regulator on Wednesday charged billionaire investor Leon
Cooperman with insider trading, making him the highest-profile
target in years in Washington's ongoing crackdown on illegal
trading at hedge funds.
Read more
regulator on Wednesday charged billionaire investor Leon
Cooperman with insider trading, making him the highest-profile
target in years in Washington's ongoing crackdown on illegal
trading at hedge funds.
Read more
BRIEF-Oclaro announces pricing of 15 mln shares at $8.35/share
* Says announced pricing 15 million shares of its common
stock at a price to public of $8.35 per share
Source text for Eikon:
Further company coverage:
Read more
stock at a price to public of $8.35 per share
Source text for Eikon:
Further company coverage:
Read more
UPDATE 2-Chan-Zuckerberg Initiative pledges $3 billion to fight disease
SAN FRANCISCO, Sept 21 (Reuters) - Facebook Chief Executive
Mark Zuckerberg and his wife Priscilla Chan on Wednesday pledged
more than $3 billion toward a plan to "cure, prevent or manage
all disease within our children's lifetime."
Read more
Mark Zuckerberg and his wife Priscilla Chan on Wednesday pledged
more than $3 billion toward a plan to "cure, prevent or manage
all disease within our children's lifetime."
Read more
TransCanada's U.S. natgas pipeline unit settles case over rate hikes
Sept 21 (Reuters) - TransCanada Corp said its U.S.
natural gas pipeline unit had reached a settlement with
customers over proposed transportation rate hikes made earlier
this year.
Read more
natural gas pipeline unit had reached a settlement with
customers over proposed transportation rate hikes made earlier
this year.
Read more
BRIEF-Radisys secures expanded credit agreement
* Says revolving loan commitment of $55.0 million with a
stated maturity date of September 19, 2019
Source text for Eikon:
Further company coverage:
Read more
stated maturity date of September 19, 2019
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Jabil Circuit reports realignment action
* Realignment action includes headcount reductions across
SG&A cost base and capacity realignment in higher cost locations
Source text for Eikon:
Further company coverage:
Read more
SG&A cost base and capacity realignment in higher cost locations
Source text for Eikon:
Further company coverage:
Read more
Boeing receives U.S. license to sell jetliners to Iran, ending ban
NEW YORK, Sept 21 (Reuters) - Boeing Co said it had
received on Wednesday a U.S. government license allowing it sell
jetliners to Iran, ending a decades-long ban and matching
European rival Airbus, which also said it received
license approval.
Read more
received on Wednesday a U.S. government license allowing it sell
jetliners to Iran, ending a decades-long ban and matching
European rival Airbus, which also said it received
license approval.
Read more
MOVES-BTIG hires John Silver, Andrew McSweeney as managing directors
Sept 21 (Reuters) - Financial services firm BTIG LLC hired
John Silver and Andrew McSweeney as managing directors of
foreign exchange and interest rates, respectively.
Read more
John Silver and Andrew McSweeney as managing directors of
foreign exchange and interest rates, respectively.
Read more
TREASURIES-U.S. yields briefly add to rise after FOMC statement
NEW YORK, Sept 21 (Reuters) - U.S. Treasury yields briefly
extended their rise on Wednesday after the Federal Reserve said
the case "has strengthened" for a future interest rate increase
following a two-day policy meeting.
Read more
extended their rise on Wednesday after the Federal Reserve said
the case "has strengthened" for a future interest rate increase
following a two-day policy meeting.
Read more
ExxonMobil unit to pay U.S., Montana $12 mln to settle 2011 oil spill
WASHINGTON, Sept 21 (Reuters) - An Exxon Mobil Corp
affiliate has agreed to pay $12 million in natural resource
damages to the federal government and the state of Montana to
settle claims over a 2011 crude oil spill from one of its a
pipeline, the U.S. Justice Department said on Wednesday.
Read more
affiliate has agreed to pay $12 million in natural resource
damages to the federal government and the state of Montana to
settle claims over a 2011 crude oil spill from one of its a
pipeline, the U.S. Justice Department said on Wednesday.
Read more
BRIEF-Apple in talks with Lit Motors about a potential acquisition - NYT, citing sources
* Apple in talks with Lit Motors about a potential acquisition - NYT, citing sources
Source text - (http://nyti.ms/2cRGfXS)
Further company coverage:
(Bengaluru Newsroom)
Read more
Source text - (http://nyti.ms/2cRGfXS)
Further company coverage:
(Bengaluru Newsroom)
Read more
Fitch sees European bank fines likely below Deutsche's $14 bln
LONDON, Sept 21 (Reuters) - European banks are likely to
reach final U.S. settlements over alleged mis-selling of
mortgage-backed securities well below the $14 billion claimed by
the Department of Justice against Deutsche Bank, Fitch Ratings
said on Wednesday.
Read more
reach final U.S. settlements over alleged mis-selling of
mortgage-backed securities well below the $14 billion claimed by
the Department of Justice against Deutsche Bank, Fitch Ratings
said on Wednesday.
Read more
BRIEF-Brazil's Petrobras says output decline in Campos under control
* Says natural decline in crude output from Campos Basin
under control, production director says
Further company coverage:
(Writing by Reese Ewing)
Read more
under control, production director says
Further company coverage:
(Writing by Reese Ewing)
Read more
EU mergers and takeovers (Sept 21)
BRUSSELS, Sept 21 (Reuters) - The following are mergers
under review by the European Commission and a brief guide to the
EU merger process:
Read more
under review by the European Commission and a brief guide to the
EU merger process:
Read more
GM affirms 2016 profit target of up to $6.00 per share
Sept 21 (Reuters) - General Motors Co on Wednesday
affirmed its forecast for 2016 profit of up to $6.00 per share
and said it expected to exceed its cost-savings target of $5.5
billion by 2018 as the automaker unveiled a new effort to
convince investors of its value.
Read more
affirmed its forecast for 2016 profit of up to $6.00 per share
and said it expected to exceed its cost-savings target of $5.5
billion by 2018 as the automaker unveiled a new effort to
convince investors of its value.
Read more
Avianca Brasil sees no signs of demand rebounding this year -CEO
SAO PAULO, Sept 21 (Reuters) - There are no clear signs of
Brazilian demand for air travel rebounding by the end of the
year, the chief executive of airline Avianca Brasil told
reporters on Wednesday, underscoring a sluggish recovery in
Latin America's largest economy.
Read more
Brazilian demand for air travel rebounding by the end of the
year, the chief executive of airline Avianca Brasil told
reporters on Wednesday, underscoring a sluggish recovery in
Latin America's largest economy.
Read more
Google launches Allo, bets on AI to spice up chats
Sept 21 (Reuters) - Google-parent Alphabet Inc
launched Allo, a messaging app that incorporates Google's search
feature and a chatbot that uses machine learning to "improve"
itself over time.
Read more
launched Allo, a messaging app that incorporates Google's search
feature and a chatbot that uses machine learning to "improve"
itself over time.
Read more
BRIEF-Eleven Biotherapeutics buys Viventia Bio to create oncology company
* Eleven Biotherapeutics acquires Viventia Bio to create
targeted protein therapeutics oncology company
Read more
targeted protein therapeutics oncology company
Read more
Yum China files to issue 10 mln shares to Yum Brands shareholders
Sept 21 (Reuters) - Yum China Holdings Inc, which is being
spun off from KFC owner Yum Brands Inc, filed with
regulators on Wednesday to issue 10 million common shares to Yum
Brands shareholders.
Read more
spun off from KFC owner Yum Brands Inc, filed with
regulators on Wednesday to issue 10 million common shares to Yum
Brands shareholders.
Read more
UPDATE 1-India to fund eastern gas pipeline to kick-start growth
NEW DELHI, Sept 21 (Reuters) - India's government will
partly fund a $2 billion gas pipeline project linking five
eastern states to help kick-start economic growth in a region
that has trailed the rest of the country, the oil minister said
on Wednesday.
Read more
partly fund a $2 billion gas pipeline project linking five
eastern states to help kick-start economic growth in a region
that has trailed the rest of the country, the oil minister said
on Wednesday.
Read more
Wal-Mart pays quarterly bonuses to more store employees
CHICAGO, Sept 21 (Reuters) - Wal-Mart Stores Inc
said it paid more than $201 million in second-quarter bonuses to
hourly store staff as 99 percent of its stores met targets for
cleanliness, faster checkout and better service.
Read more
said it paid more than $201 million in second-quarter bonuses to
hourly store staff as 99 percent of its stores met targets for
cleanliness, faster checkout and better service.
Read more
Taiwan asks Google to blur images showing new S.China Sea facilities
TAIPEI, Sept 21 (Reuters) - Taiwan's defence ministry said
on Wednesday it is asking Google to blur satellite images
showing what experts say appear to be new military installations
on Itu Aba, Taipei's sole holding in the disputed South China
Sea.
Read more
on Wednesday it is asking Google to blur satellite images
showing what experts say appear to be new military installations
on Itu Aba, Taipei's sole holding in the disputed South China
Sea.
Read more
EMERGING MARKETS-Emerging stocks track Nikkei higher after BOJ, await Fed
LONDON, Sept 21 (Reuters) - Asian stock market gains on the
back of a rally in Tokyo boosted emerging equities half a
percent on Wednesday as investors digested the Bank of Japan's
latest policy moves and waited for the U.S. Fed to conclude its
meeting.
Read more
back of a rally in Tokyo boosted emerging equities half a
percent on Wednesday as investors digested the Bank of Japan's
latest policy moves and waited for the U.S. Fed to conclude its
meeting.
Read more
Banking shares lead bounce across European stocks
LONDON, Sept 21 (Reuters) - European shares rose on
Wednesday, buoyed by a rally in banks, after a policy overhaul
at the Bank of Japan lifted risky assets globally.
Read more
Wednesday, buoyed by a rally in banks, after a policy overhaul
at the Bank of Japan lifted risky assets globally.
Read more
Denmark's Nets brings forward IPO after strong demand -local TV
COPENHAGEN, Sept 21 (Reuters) - Denmark-based card payment
services company Nets will list in Copenhagen on Friday, four
days earlier than planned, after solid interest in its shares,
Danish broadcaster TV2 said Wednesday, citing unnamed sources.
Read more
services company Nets will list in Copenhagen on Friday, four
days earlier than planned, after solid interest in its shares,
Danish broadcaster TV2 said Wednesday, citing unnamed sources.
Read more
UPDATE 2-UK Stocks-Factors to watch on Sept. 21
Sept 21 (Reuters) - Britain's FTSE 100 index is seen opening up 8
points, or 0.1 percent on Wednesday, according to financial bookmakers, with
futures up 0.4 percent ahead of the cash market open.
Read more
points, or 0.1 percent on Wednesday, according to financial bookmakers, with
futures up 0.4 percent ahead of the cash market open.
Read more
Banks lead Japanese stocks higher as BOJ overhauls policy
TOKYO, Sept 21 (Reuters) - Japanese stocks rose nearly 2
percent on Wednesday after the Bank of Japan overhauled its
monetary policy, potentially easing pressure on banks and
insurers.
Read more
percent on Wednesday after the Bank of Japan overhauled its
monetary policy, potentially easing pressure on banks and
insurers.
Read more
Tuesday, September 20, 2016
India's Pepperfry raises $31 mln from investors including Goldman
MUMBAI, Sept 21 (Reuters) - Pepperfry, an Indian online
furniture marketplace, said on Wednesday it had raised 2.1
billion rupees ($31.3 million) from existing investors including
Goldman Sachs Group Inc in a new round of funding.
Read more
furniture marketplace, said on Wednesday it had raised 2.1
billion rupees ($31.3 million) from existing investors including
Goldman Sachs Group Inc in a new round of funding.
Read more
GLOBAL MARKETS-Japanese stocks jump, yen weakens as BOJ overhauls policy
HONG KONG, Sept 21 (Reuters) - Japanese stocks rallied and
the yen weakened in a volatile session on Wednesday after the
Bank of Japan decided to adopt a target for long-term interest
rates in an overhaul of its massive monetary stimulus programme.
Read more
the yen weakened in a volatile session on Wednesday after the
Bank of Japan decided to adopt a target for long-term interest
rates in an overhaul of its massive monetary stimulus programme.
Read more
UPDATE 1-Norway oil workers strike, output at risk if conflict extends
OSLO, Sept 21 (Reuters) - More than 300 Norwegian oil
service workers went on strike on Wednesday after wage talks
broke down, hitting operations of five large subcontractors to
the country's oil and gas industry, the Industri Energi trade
union said.
Read more
service workers went on strike on Wednesday after wage talks
broke down, hitting operations of five large subcontractors to
the country's oil and gas industry, the Industri Energi trade
union said.
Read more
Norway oil workers go on strike, output at risk if conflict extends
OSLO, Sept 21 (Reuters) - More than 300 Norwegian oil
service workers will go on strike on Wednesday after wage talks
broke down, hitting operations of five large subcontractors to
the country's oil and gas industry, the Industri Energi trade
union said.
Read more
service workers will go on strike on Wednesday after wage talks
broke down, hitting operations of five large subcontractors to
the country's oil and gas industry, the Industri Energi trade
union said.
Read more
Nikkei falls before BOJ decision; banks, insurers lower
TOKYO, Sept 21 (Reuters) - Japan's Nikkei share index fell
on Wednesday morning, dragged down by selling in banking and
insurance stocks as investors braced for the outcome of the Bank
Of Japan's policy meeting.
Read more
on Wednesday morning, dragged down by selling in banking and
insurance stocks as investors braced for the outcome of the Bank
Of Japan's policy meeting.
Read more
Salary of BHP CEO cut in half after Brazil mine disaster
SYDNEY, Sept 21 (Reuters) - BHP Billiton
Chief Executive Andrew Mackenzie's annual salary was cut in half
following the Samarco dam disaster in Brazil that claimed 19
lives and caused widespread environmental damage, the global
miner said.
Read more
Chief Executive Andrew Mackenzie's annual salary was cut in half
following the Samarco dam disaster in Brazil that claimed 19
lives and caused widespread environmental damage, the global
miner said.
Read more
China c. bank authorises Bank of China New York branch to be yuan clearing bank
BEIJING, Sept 21 (Reuters) - China's central bank said it
has authorised Bank of China's New York branch to be
a renminbi clearing bank in the United States.
Read more
has authorised Bank of China's New York branch to be
a renminbi clearing bank in the United States.
Read more
UPDATE 1-Full Hanjin ship can't dock without plan to leave
Sept 20 (Reuters) - Failed South Korean cargo line Hanjin
Shipping Co Ltd found the money to unload a full container ship
waiting outside a New York-area port. But before the vessel was
allowed to dock, it faced another problem: a plan to get back
out to sea.
Read more
Shipping Co Ltd found the money to unload a full container ship
waiting outside a New York-area port. But before the vessel was
allowed to dock, it faced another problem: a plan to get back
out to sea.
Read more
San Juan airport concession owner explores stake sale -sources
Sept 20 (Reuters) - One of the two investors in Puerto
Rico's largest airport is exploring selling a 50 percent stake
in a joint venture that runs it under a lease agreement with the
Caribbean island's government, people familiar with the matter
said on Tuesday.
Read more
Rico's largest airport is exploring selling a 50 percent stake
in a joint venture that runs it under a lease agreement with the
Caribbean island's government, people familiar with the matter
said on Tuesday.
Read more
PRESS DIGEST- Financial Times - Sept 21
Sept 21 (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 3-Rising revenue boosts FedEx quarterly profit
CHICAGO, Sept 20 (Reuters) - Package delivery company FedEx
Corp said on Tuesday quarterly profit rose more than
expected on stronger revenue in its express, ground and freight
business units, lifting its stock by almost 3 percent.
Read more
Corp said on Tuesday quarterly profit rose more than
expected on stronger revenue in its express, ground and freight
business units, lifting its stock by almost 3 percent.
Read more
REFILE-BRIEF-TMX Group says eliminated positions in Q3 to realize meaningful synergies
* In Q3 2016, TMX eliminated positions; expects majority of
these headcount reductions will be completed by end of Q1 of
2017
Read more
these headcount reductions will be completed by end of Q1 of
2017
Read more
BRIEF-Gray Television withdrew its guidance for net political advertising revenue
* Net revenue, excluding political revenue, appears likely
to meet previously issued guidance for Q3 of 2016.
Read more
to meet previously issued guidance for Q3 of 2016.
Read more
BRIEF-Fortress Paper announces automatic share purchase plan related to normal course issuer bid
* Fortress Paper announces automatic share purchase plan
pursuant to its normal course issuer bid
Read more
pursuant to its normal course issuer bid
Read more
CANADA STOCKS-TSX rises as gains for financials offset losses for energy
TORONTO, Sept 20 (Reuters) - Canada's main stock index rose
to a one-week high on Tuesday as financial stocks made gains,
while the energy sector weighed as oil hit six-week lows
intraday.
Read more
to a one-week high on Tuesday as financial stocks made gains,
while the energy sector weighed as oil hit six-week lows
intraday.
Read more
BRIEF-21St Century Oncology reports first and second quarter 2016 financial results
* 21St Century Oncology Holdings Inc reports first and
second quarter 2016 financial results
Read more
second quarter 2016 financial results
Read more
Brazil sugar mills boost machine purchases as outlook improves
SAO PAULO, Sept 20 (Reuters) - Brazilian sugar cane mills
are increasing purchases of machinery in an effort to improve
efficiency in the field as the robust demand outlook for the
sweetener encourages companies to boost investments.
Read more
are increasing purchases of machinery in an effort to improve
efficiency in the field as the robust demand outlook for the
sweetener encourages companies to boost investments.
Read more
Nigeria sues ENI, Chevron, other oil companies: firms, official
ABUJA, Sept 20 (Reuters) - Nigeria has filed a lawsuit
against Italian energy firm ENI, U.S. major Chevron
and other international oil firms over some crude
exports, ENI, Chevron and a government official said on Tuesday.
Read more
against Italian energy firm ENI, U.S. major Chevron
and other international oil firms over some crude
exports, ENI, Chevron and a government official said on Tuesday.
Read more
European shares steady before central bank decisions; Italy lags
MILAN , Sept 20 (Reuters) - European shares ended little
changed on Tuesday as investors remained cautious ahead of
monetary policy decisions from the Federal Reserve and Bank of
Japan on Wednesday.
Read more
changed on Tuesday as investors remained cautious ahead of
monetary policy decisions from the Federal Reserve and Bank of
Japan on Wednesday.
Read more
UPDATE 1-Property valuers drop Brexit clauses from most contracts as markets steady
Sept 20 (Reuters) - Five big property services firms are
dropping Brexit uncertainty clauses from their valuation reports
for most UK assets as market conditions steady after a sharp
drop immediately after Britain's vote in June to leave the EU.
Read more
dropping Brexit uncertainty clauses from their valuation reports
for most UK assets as market conditions steady after a sharp
drop immediately after Britain's vote in June to leave the EU.
Read more
UPDATE 1-Altice's SFR buyout offer delayed by at least two weeks -source
PARIS, Sept 20 (Reuters) - Altice's all-share
buyout offer for SFR shares it does not already own
will be postponed by at least two weeks because of a delay in
regulatory approvals, a source close to the matter said on
Tuesday.
Read more
buyout offer for SFR shares it does not already own
will be postponed by at least two weeks because of a delay in
regulatory approvals, a source close to the matter said on
Tuesday.
Read more
West Virginia investigating Mylan over EpiPen pricing
Sept 20 (Reuters) - The state of West Virginia is
investigating whether Mylan NV violated antitrust laws
or defrauded the state's Medicaid program in connection with its
EpiPen device.
Read more
investigating whether Mylan NV violated antitrust laws
or defrauded the state's Medicaid program in connection with its
EpiPen device.
Read more
Zurich merges corporate and commercial units, hires AIG's Shea
ZURICH, Sept 20 (Reuters) - Zurich Insurance is
combining its corporate and commercial businesses into a single
unit under new leadership, part of its streamlining process
under new Chief Executive Mario Greco.
Read more
combining its corporate and commercial businesses into a single
unit under new leadership, part of its streamlining process
under new Chief Executive Mario Greco.
Read more
BRIEF-Mylan accused of Medicaid fraud by West Virginia over EpiPen - Bloomberg
* Mylan NV accused of Medicaid fraud by West Virginia over
EpiPen - Bloomberg
Source text : http://bloom.bg/2cAsUSs
Further company coverage:
Read more
EpiPen - Bloomberg
Source text : http://bloom.bg/2cAsUSs
Further company coverage:
Read more
BRIEF-Delta says customers to check flight status after volcanic ash forces closure of Costa Rican airport
* Delta Air Lines says customers advised to check flight
status after volcanic ash forces closure of costa rican airport
Source text - http://bit.ly/2cjVMNL
Further company coverage:
Read more
status after volcanic ash forces closure of costa rican airport
Source text - http://bit.ly/2cjVMNL
Further company coverage:
Read more
BRIEF-Wells Fargo CEO Stumpf accepts responsibility for unethical sales practices
* CEO Stumpf says accepts full responsibility for all
unethical sales practices-prepared remarks
Read more
unethical sales practices-prepared remarks
Read more
GRAPHIC-Credit Suisse sees scope for UK mining dividend rise
LONDON, Sept 20 (Reuters) - Dividend yields at British
mining companies have hit a five-year low just as cash flows in
the sector improve, prompting some analysts to call for higher
payouts as early as next year.
Read more
mining companies have hit a five-year low just as cash flows in
the sector improve, prompting some analysts to call for higher
payouts as early as next year.
Read more
Regeneron, Teva take aim at Lilly/Pfizer pain drug
Sept 20 (Reuters) - Regeneron Pharmaceuticals Inc
and Israeli drugmaker Teva Pharmaceutical Industries
on Tuesday said they would co-develop Regeneron's experimental
new type of pain drug and together market the medicine if it
succeeds in trials and is approved.
Read more
and Israeli drugmaker Teva Pharmaceutical Industries
on Tuesday said they would co-develop Regeneron's experimental
new type of pain drug and together market the medicine if it
succeeds in trials and is approved.
Read more
BRIEF-Air Lease announces placements of six new A321neo aircraft with Azores Airlines
* Air Lease Corporation announces placements of six new
airbus A321neo aircraft with Azores Airlines
Read more
airbus A321neo aircraft with Azores Airlines
Read more
MOVES-Health insurer Bupa Global names new managing director
Sept 20 (Reuters) - Bupa Global, the international health
insurance arm of British private healthcare group Bupa Insurance
Ltd Sheldon Kenton would replace Robert Lang as
managing director.
Read more
insurance arm of British private healthcare group Bupa Insurance
Ltd Sheldon Kenton would replace Robert Lang as
managing director.
Read more
Homebuilder Lennar's revenue rises 13.7 pct
Sept 20 (Reuters) - U.S. homebuilder Lennar Corp
reported a 13.7 percent rise in quarterly revenue, boosted by
strong home sales and higher prices.
Read more
reported a 13.7 percent rise in quarterly revenue, boosted by
strong home sales and higher prices.
Read more
BRIEF-Box gets approval for global BCRs from some European authorities
* Completed EU approval process from UK Information
Commissioner's office for global Binding Corporate Rules as data
processor and controller
Read more
Commissioner's office for global Binding Corporate Rules as data
processor and controller
Read more
GLOBAL MARKETS-Stocks and dollar subdued as Fed, BOJ meetings begin
LONDON, Sept 20 (Reuters) - Shares hit pause and the dollar
lost ground against the yen on Tuesday, as investors awaited the
outcomes of Federal Reserve and Bank of Japan meetings that will
both conclude on Wednesday.
Read more
lost ground against the yen on Tuesday, as investors awaited the
outcomes of Federal Reserve and Bank of Japan meetings that will
both conclude on Wednesday.
Read more
Monday, September 19, 2016
GlaxoSmithKline names consumer head Walmsley new CEO
LONDON, Sept 20 (Reuters) - GlaxoSmithKline said on
Tuesday it had chosen Emma Walmsley, head of consumer
healthcare, as its new chief executive, after considering
internal and external candidates.
Read more
Tuesday it had chosen Emma Walmsley, head of consumer
healthcare, as its new chief executive, after considering
internal and external candidates.
Read more
PRESS DIGEST- New York Times business news - Sept 20
Sept 20 (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
UPDATE 1-GM, Canada auto union reach tentative deal, averting strike
TORONTO, Sept 20 (Reuters) - General Motors Co and
the Canadian autoworkers union announced a tentative contract
deal early Tuesday morning, averting a strike that would have
shut some of the automaker's Canadian manufacturing facilities.
Read more
the Canadian autoworkers union announced a tentative contract
deal early Tuesday morning, averting a strike that would have
shut some of the automaker's Canadian manufacturing facilities.
Read more
GM sets Bolt electric car price at $37,495
DETROIT, Sept 20 (Reuters) - General Motors Co on
Tuesday announced its Chevrolet Bolt electric vehicle will cost
under $30,000 after tax breaks, a price that makes it
significantly cheaper than the average new U.S. vehicle and sets
up a test of whether the technology can go mainstream in the
United States.
Read more
Tuesday announced its Chevrolet Bolt electric vehicle will cost
under $30,000 after tax breaks, a price that makes it
significantly cheaper than the average new U.S. vehicle and sets
up a test of whether the technology can go mainstream in the
United States.
Read more
Canada auto union to make announcement on GM talks after midnight strike deadline
TORONTO, Sept 19 (Reuters) - Canada's main autoworkers union
said on Monday it will make a 12:15 am (0415 GMT) announcement
as contract talks with General Motors Co near a midnight
strike deadline.
Read more
said on Monday it will make a 12:15 am (0415 GMT) announcement
as contract talks with General Motors Co near a midnight
strike deadline.
Read more
CJ Group pulls out of race for McDonald's S.Korea operations
SEOUL, Sept 20 (Reuters) - South Korean
food-to-entertainment conglomerate CJ Group on
Tuesday said it did not enter the latest round of bidding for
McDonald's Corp's South Korean operations.
Read more
food-to-entertainment conglomerate CJ Group on
Tuesday said it did not enter the latest round of bidding for
McDonald's Corp's South Korean operations.
Read more
Nikkei up in choppy trade as uncertainty grips market before BOJ
* Takata dives on report bidders consider possibility of
some form of bankruptcy proceedings
Read more
some form of bankruptcy proceedings
Read more
EMERGING MARKETS-Mexico peso, stocks down ahead of Fed decision
(Updates prices)
SAO PAULO, Sept 19 (Reuters) - Mexico's peso and stocks
slipped on Monday as investors showed caution ahead of policy
meetings by the U.S. Federal Reserve and the Bank of Japan on
Wednesday.
A range of mixed economic figures and conflicting remarks by
key Fed policymakers have kept investors guessing over the
timing of the next U.S. rate hike.
J.P.Morgan revised its forecasts this week to continue to
show an initial increase in December 2016 followed by two hikes
Read more
Wells Fargo CEO to take 'full responsibility' in Senate hearing - NY Times
Sept 19 (Reuters) - Wells Fargo & Co's chief
executive, John Stumpf, will tell U.S. senators on Tuesday that
he is "deeply sorry" for selling customers unauthorized bank
accounts and credit cards and that he would take "full
responsibility" for the unethical activity, the New York Times
reported on Monday.
Read more
executive, John Stumpf, will tell U.S. senators on Tuesday that
he is "deeply sorry" for selling customers unauthorized bank
accounts and credit cards and that he would take "full
responsibility" for the unethical activity, the New York Times
reported on Monday.
Read more
BRIEF-Gem International arranges $3 mln private placement
* Announces sale of up to 30 million units at a price of
$0.10 per unit
Source text for Eikon:
Further company coverage:
Read more
$0.10 per unit
Source text for Eikon:
Further company coverage:
Read more
UPDATE 2-U.S. may seek power to pre-approve self-driving car technology
WASHINGTON, Sept 19 (Reuters) - The Obama administration
said Monday it was considering seeking the power to review and
approve technology for self-driving cars before they hit the
road and said U.S. states should not set separate rules.
Read more
said Monday it was considering seeking the power to review and
approve technology for self-driving cars before they hit the
road and said U.S. states should not set separate rules.
Read more
REFILE-UPDATE 2-Indonesia to investigate Google over possible unpaid taxes
JAKARTA, Sept 15 (Reuters) - Indonesia's tax office will
investigate Alphabet Inc's Google for suspected unpaid
taxes from billions of dollars worth of advertising revenue, a
senior finance ministry official said on Thursday.
Read more
investigate Alphabet Inc's Google for suspected unpaid
taxes from billions of dollars worth of advertising revenue, a
senior finance ministry official said on Thursday.
Read more
BRIEF-Shire priced its public offering of $12.1 bln aggregate principal amount of senior notes
* Priced its inaugural public offering of $12.1 billion
aggregate principal amount of senior notes
Read more
aggregate principal amount of senior notes
Read more
BRIEF-Petrocapita announces proceeds of $9.787 mln from debentures
* Petrocapita announces proceeds of $9.787 million from
debentures
Source text for Eikon:
Further company coverage:
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debentures
Source text for Eikon:
Further company coverage:
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BRIEF-Hess corporation announces notes offering
* To sell $1 billion of senior notes with 4.30% coupon
maturing on April 1, 2027, $500 million of senior notes maturing
on April 1, 2047
Source text for Eikon:
Further company coverage:
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maturing on April 1, 2027, $500 million of senior notes maturing
on April 1, 2047
Source text for Eikon:
Further company coverage:
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BRIEF-Activision Blizzard completes previously announced offering of two series of senior notes
* Completed previously announced offering of two series of
senior unsecured notes in an aggregate principal amount of $1.5
billion
Source text for Eikon: (http://bit.ly/2cLsGe0)
Further company coverage:
Read more
senior unsecured notes in an aggregate principal amount of $1.5
billion
Source text for Eikon: (http://bit.ly/2cLsGe0)
Further company coverage:
Read more
BRIEF-Amerisourcebergen corp president, CEO, steven collis, adopted 10b5-1 stock trading plan
* Steven Collis, president, CEO adopted a pre-arranged rule
10b5-1 stock trading plan - SEC filing
Read more
10b5-1 stock trading plan - SEC filing
Read more
BRIEF-Rand reports M/V Ojibway returns to service to support Canadian Grain Harvest
* Increased its projection of sailing days to approximately
3,500 days, an increase from initial projection of approximately
3,405 days
Read more
3,500 days, an increase from initial projection of approximately
3,405 days
Read more
BRIEF-Inteliquent reports departure of cfo Kurt Abkemeier
* Abkemeier's last day with company is expected to be
September 23, 2016
Source text for Eikon:
Further company coverage:
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September 23, 2016
Source text for Eikon:
Further company coverage:
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GLOBAL MARKETS-Dollar eases, stocks gain before Fed meeting; oil up
* U.S. dollar broadly weaker ahead of Fed meeting
(Adds U.S. oil price settlement, updates trading)
Read more
(Adds U.S. oil price settlement, updates trading)
Read more
New York seeks $872 mln from UPS in cigarette shipments trial
NEW YORK, Sept 19 (Reuters) - New York state and city
authorities took United Parcel Service Inc to trial on
Monday, urging a federal judge to make the company pay more than
$872 million for making illegal deliveries of more than 683,000
cartons of untaxed cigarettes.
Read more
authorities took United Parcel Service Inc to trial on
Monday, urging a federal judge to make the company pay more than
$872 million for making illegal deliveries of more than 683,000
cartons of untaxed cigarettes.
Read more
Barrick says Argentina mine operations may resume within two weeks
DENVER, Sept 19 (Reuters) - Barrick Gold Inc's
Veladero gold mine in Argentina could resume operations in the
next two weeks, Barrick President Kelvin Dushnisky said in an
interview on Monday.
Read more
Veladero gold mine in Argentina could resume operations in the
next two weeks, Barrick President Kelvin Dushnisky said in an
interview on Monday.
Read more
BRIEF-Sears Holdings' Kmart to close 64 stores - Business Insider
* Sears Holdings' Kmart is closing 64 stores and laying off thousands of employees -
Business Insider
Read more
Business Insider
Read more
UPDATE 2-Ernst & Young settles charges that two ex-auditors got 'too close' to clients
WASHINGTON, Sept 19 (Reuters) - Accounting firm Ernst &
Young will pay $9.3 million to settle charges that two of its
former auditors got "too close to clients on a personal level"
and broke rules aimed at ensuring reviews were impartial, the
U.S. Securities and Exchange Commission said on Monday.
Read more
Young will pay $9.3 million to settle charges that two of its
former auditors got "too close to clients on a personal level"
and broke rules aimed at ensuring reviews were impartial, the
U.S. Securities and Exchange Commission said on Monday.
Read more
BRIEF-Uber says has "no interest in designing or building cars"
Sept 19 (Reuters) - Uber Technologies Inc:
* Uber to open Detroit facility 'in next few months'
* Uber has "no interest in designing or building cars"
* Uber wants to collaborate with suppliers, car companies
* Is seeking carmaker partners
Read more
BRIEF-Metallic Minerals Corp. appoints Greg Johnson as CEO and Chairman
* Metallic Minerals Corp. appoints Greg Johnson as CEO and
Chairman
Source text for Eikon:
Further company coverage:
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Chairman
Source text for Eikon:
Further company coverage:
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BRIEF-General Electric announces appointment of co officers
* Ramesh Singaram has been promoted to vice president,
Commercial for GE's power services business
Read more
Commercial for GE's power services business
Read more
BRIEF-Hess Corp announces offer to purchase any and all notes due 2019 and notes due 2029, 2031 and 2033 for up to the aggregate maximum repurchase amount
* Any and all tender offer will expire at 5:00 p.m., New
York city time, on September 23, 2016
Read more
York city time, on September 23, 2016
Read more
BRIEF-Four lawsuits filed by purported stockholders of Tesla challenging SolarCity deal
* Between Sept 1 and Sept 14, four lawsuits filed in court
of Chancery of State of Delaware by purported stockholders of
Tesla challenging SolarCity deal
Read more
of Chancery of State of Delaware by purported stockholders of
Tesla challenging SolarCity deal
Read more
BRIEF-GeoPark announces resumption of share repurchase program
* Repurchase program will resume on September 19, 2016 and
will expire on or before close of business on November 13, 2016
Read more
will expire on or before close of business on November 13, 2016
Read more
BRIEF-Pharos Capital acquires TechLab
* Pharos Capital acquires TechLab, leading developer of
gastrointestinal disease diagnostics
Read more
gastrointestinal disease diagnostics
Read more
BRIEF-Caladrius subsidiary, PCT, announces 5-year strategic manufacturing services agreement with Adaptimmune
* Caladrius Subsidiary, PCT, announces five-year strategic
manufacturing services agreement with Adaptimmune
Read more
manufacturing services agreement with Adaptimmune
Read more
MOVES-Willis Towers hires two insurance investment experts
Sept 19 (Reuters) - Willis Towers Watson Plc
appointed Ashwin Belur and Dhiran Dookhi to its insurance
investment solutions group.
Read more
appointed Ashwin Belur and Dhiran Dookhi to its insurance
investment solutions group.
Read more
European shares bounce back as banks, energy companies rise
LONDON, Sept 19 (Reuters) - European shares rose on Monday,
marking a slight rebound after two straight weeks of losses, as
gains in banking and energy company shares lifted the region's
stock markets.
Read more
marking a slight rebound after two straight weeks of losses, as
gains in banking and energy company shares lifted the region's
stock markets.
Read more
EMERGING MARKETS-Emerging stocks jump, led by upgraded Hungary
LONDON, Sept 19 (Reuters) - Emerging stocks rose 1.3 percent
on Monday and currencies firmed on a bet the U.S. Federal
Reserve will not raise interest rates this week, with Hungarian
assets driven higher by a ratings promotion to investment grade.
Read more
on Monday and currencies firmed on a bet the U.S. Federal
Reserve will not raise interest rates this week, with Hungarian
assets driven higher by a ratings promotion to investment grade.
Read more
MOVES-Credit Suisse names Americas, EMEA asset management heads
ZURICH, Sept 19 (Reuters) - Credit Suisse Group has
named Bill Johnson as head of Asset Management Americas and
Michel Degen as head of Asset Management Switzerland and EMEA
(Europe, Middle East and Africa), according to a memo seen by
Reuters and confirmed by the Swiss bank.
Read more
named Bill Johnson as head of Asset Management Americas and
Michel Degen as head of Asset Management Switzerland and EMEA
(Europe, Middle East and Africa), according to a memo seen by
Reuters and confirmed by the Swiss bank.
Read more
GLOBAL MARKETS-Oil rebound hauls up European stocks, commodity currencies
LONDON, Sept 19 (Reuters) - Oil prices bounced back from
multi-week lows on Monday, hauling up European stock markets and
commodity-linked currencies, on hints that producers were close
to reaching an output deal.
Read more
multi-week lows on Monday, hauling up European stock markets and
commodity-linked currencies, on hints that producers were close
to reaching an output deal.
Read more
Alibaba's Cainiao to raise more money; current funds good for up to 18 mths
HANGZHOU, China, Sept 19 (Reuters) - Cainiao Network, the
logistics arm of Chinese e-commerce giant Alibaba Group Holding
Ltd, will hold another round of fundraising but it is
hoping that money raised in March will be sufficient for a year
to 18 months.
Read more
logistics arm of Chinese e-commerce giant Alibaba Group Holding
Ltd, will hold another round of fundraising but it is
hoping that money raised in March will be sufficient for a year
to 18 months.
Read more
European shares rise, lifted by banks and energy companies
LONDON, Sept 19 (Reuters) - European shares rose on Monday,
marking a slight rebound after two straight weeks of losses, as
gains in banking and energy company shares lifted the region's
stock markets.
Read more
marking a slight rebound after two straight weeks of losses, as
gains in banking and energy company shares lifted the region's
stock markets.
Read more
French and Benelux stocks-Factors to watch on Sept 19
PARIS, Sept 19 (Reuters) - Below are company-related news
and stories from French and Benelux media which could have an
impact on the region's markets or individual stocks.
Read more
and stories from French and Benelux media which could have an
impact on the region's markets or individual stocks.
Read more
BRIEF-Groupe FNAC launches 650 million euros senior notes offering
* Groupe FNAC launches 650 million euros senior notes
offering
Source text for Eikon:
Further company coverage:
(Gdynia Newsroom)
Read more
offering
Source text for Eikon:
Further company coverage:
(Gdynia Newsroom)
Read more
Sunday, September 18, 2016
RPT-Bayer in $66 bln bet that farmers will back linked-up supplies
FRANKFURT, Sept 16 (Reuters) - Bayer's $66
billion purchase of Monsanto amounts to a long-term bet
that farmers will grow to trust combinations of seeds and
pesticides rather than continue to pick from ranges of separate
products.
Read more
billion purchase of Monsanto amounts to a long-term bet
that farmers will grow to trust combinations of seeds and
pesticides rather than continue to pick from ranges of separate
products.
Read more
All Hanjin Shipping chartered vessels to be returned to owner after unloading-judge
SEOUL, Sept 19 (Reuters) - All Hanjin Shipping Co Ltd
chartered vessels that have completed unloading
their cargo have been directed to cancel their charter
agreements and return the ship to the shipowner, a judge at
Seoul Central District Court said on Monday.
Read more
chartered vessels that have completed unloading
their cargo have been directed to cancel their charter
agreements and return the ship to the shipowner, a judge at
Seoul Central District Court said on Monday.
Read more
IFR Capital Markets Week Ahead - September 19, 2016
LONDON, Sept 19 (IFR) - Welcome to the IFR Capital Markets
Week Ahead - a new weekly email newsletter from Thomson Reuters
IFR.
TAKING A HIKE
Corporate bond markets are expected to take a breather, with
most issuers set to sit out the next few days ahead of two big
central bank decisions on Wednesday. The US Federal Reserve
could shock markets with its second hike in a decade, while the
Bank of Japan is considering big changes to its mammoth
quantitative easing programme.
Read more
Week Ahead - a new weekly email newsletter from Thomson Reuters
IFR.
TAKING A HIKE
Corporate bond markets are expected to take a breather, with
most issuers set to sit out the next few days ahead of two big
central bank decisions on Wednesday. The US Federal Reserve
could shock markets with its second hike in a decade, while the
Bank of Japan is considering big changes to its mammoth
quantitative easing programme.
Read more
TIMELINE-Caisse public transit project in Montreal
Sept 19 (Reuters) - The following timeline charts the
schedule for Quebec's pension fund, the Caisse de Depot et
Placement du Quebec, to finance and oversee the construction of
a new 67 kilometer (41.63 miles)public transit system in
Montreal, the third largest automated transportation system in
the world behind those in Dubai and Vancouver.
Read more
schedule for Quebec's pension fund, the Caisse de Depot et
Placement du Quebec, to finance and oversee the construction of
a new 67 kilometer (41.63 miles)public transit system in
Montreal, the third largest automated transportation system in
the world behind those in Dubai and Vancouver.
Read more
UPDATE 4-"Game of Thrones", "Veep" take top prizes again at Emmys
LOS ANGELES, Sept 18 (Reuters) - Fantasy drama series "Game
of Thrones" and comedy "Veep" won the top Emmys for a second
straight year on Sunday, fending off challenges from newcomers.
Read more
of Thrones" and comedy "Veep" won the top Emmys for a second
straight year on Sunday, fending off challenges from newcomers.
Read more
Taiwan's Advantech says US trade probe under control
TAIPEI, Sept 19 (Reuters) - Taiwan's Advantech Co
on Monday said it is looking into measures to deal with a U.S.
International Trade Commission probe into a small amount of
products it sold with software provided by German-based 3S-Smart
Software Solutions.
Read more
on Monday said it is looking into measures to deal with a U.S.
International Trade Commission probe into a small amount of
products it sold with software provided by German-based 3S-Smart
Software Solutions.
Read more
GLOBAL MARKETS-Asia stocks rise before central bank meetings, oil bounces
SYDNEY, Sept 19 (Reuters) - Asian shares advanced on Monday
ahead of central bank meetings in the United States and Japan
this week, while oil prices bounced on talk of an OPEC deal on
output and reports of fighting around Libyan oil ports.
Read more
ahead of central bank meetings in the United States and Japan
this week, while oil prices bounced on talk of an OPEC deal on
output and reports of fighting around Libyan oil ports.
Read more
UPDATE 1-Canada's TMX to stay in S&P index after misstatement
Sept 18 (Reuters) - TMX Group Ltd, the owner of
Canada's dominant stock exchange, said on Sunday it had not been
removed from a major Canadian index run by S&P Global Inc
despite what a spokesman said was an erroneous press
release issued by S&P unit Capital IQ Inc that it had been
removed.
Read more
Canada's dominant stock exchange, said on Sunday it had not been
removed from a major Canadian index run by S&P Global Inc
despite what a spokesman said was an erroneous press
release issued by S&P unit Capital IQ Inc that it had been
removed.
Read more
Oil up as Venezuela sees output deal, Libya suffers clashes
SINGAPORE, Sept 19 (Reuters) - Oil prices rose in Asian
trade on Monday after Venezuela said that OPEC and non-OPEC
countries were close to reaching an output stabilizing deal and
as clashes in Libya raised concerns that efforts to restart
crude exports could be disrupted.
Read more
trade on Monday after Venezuela said that OPEC and non-OPEC
countries were close to reaching an output stabilizing deal and
as clashes in Libya raised concerns that efforts to restart
crude exports could be disrupted.
Read more
PRESS DIGEST- British Business - Sept. 19
Sept 19 (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
PRESS DIGEST- Financial Times - Sept 19
Sept 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 1-Strike deadline looms, GM and union make progress -report
TORONTO, Sept 18 (Reuters) - Contract negotiations between
Canada's Unifor union and General Motors Co were
scheduled to continue around the clock on Sunday ahead of a
Monday night strike deadline, as a newspaper reported the two
sides were making progress.
Read more
Canada's Unifor union and General Motors Co were
scheduled to continue around the clock on Sunday ahead of a
Monday night strike deadline, as a newspaper reported the two
sides were making progress.
Read more
UPDATE 1-Canada will impose nationwide carbon price - minister
TORONTO, Sept 18 (Reuters) - Canada will impose a carbon
price on provinces that do not adequately regulate emissions by
themselves, Environment Minister Catherine McKenna said on
Sunday without giving details on how the Liberal government will
do so.
Read more
price on provinces that do not adequately regulate emissions by
themselves, Environment Minister Catherine McKenna said on
Sunday without giving details on how the Liberal government will
do so.
Read more
UPDATE 1-Iran urges U.S. to unblock aircraft deals, seeks investors
TEHRAN, Sept 18 (Reuters) - Iran urged the United States on
Sunday to remove remaining obstacles to buying passenger planes
following the lifting of international sanctions and it spread
out the welcome mat to foreign investors as it seeks to boost
its aviation sector.
Read more
Sunday to remove remaining obstacles to buying passenger planes
following the lifting of international sanctions and it spread
out the welcome mat to foreign investors as it seeks to boost
its aviation sector.
Read more
UPDATE 1-Venezuela's PDVSA says will honor all 2017 bonds if swap declined
MARGARITA ISLAND, Venezuela, Sept 18 (Reuters) - Venezuela's
state oil company PDVSA said on Sunday it would honor all 2017
bonds if a swap offer is not taken up, while reiterating that
its proposal to swap up to $7.1 billion of debt was
"attractive."
Read more
state oil company PDVSA said on Sunday it would honor all 2017
bonds if a swap offer is not taken up, while reiterating that
its proposal to swap up to $7.1 billion of debt was
"attractive."
Read more
UPDATE 1-Gasoline prices spike as Colonial begins bypass around damaged line
Sept 18 (Reuters) - Retail gasoline prices surged due to
continuing problems with Colonial Pipeline Co's gasoline line
that carries fuel to the U.S. East Coast, as the company started
to construct a bypass line around the leak.
Read more
continuing problems with Colonial Pipeline Co's gasoline line
that carries fuel to the U.S. East Coast, as the company started
to construct a bypass line around the leak.
Read more
Venezuela's PDVSA says will honor all 2017 bonds if swap declined
MARGARITA ISLAND, Venezuela, Sept 18 (Reuters) - Venezuela's
state oil company PDVSA said on Sunday it would honor all 2017
bonds if a swap offer is not taken up, while reiterating that
its proposal to swap up to $7.1 billion of debt was
"attractive."
Read more
state oil company PDVSA said on Sunday it would honor all 2017
bonds if a swap offer is not taken up, while reiterating that
its proposal to swap up to $7.1 billion of debt was
"attractive."
Read more
FEATURE-From cars to college town, Canada's Motor City grows despite GM woes
OSHAWA, Ontario, Sept 18(Reuters) - In Oshawa, winning a
spot on the line at General Motors isn't the singular
prize it used to be.
Read more
spot on the line at General Motors isn't the singular
prize it used to be.
Read more
Iran presses for banking agreement to facilitate sanctions pact
TEHRAN, Sept 18 (Reuters) - Iran is pressing the United
States to ease banking obstacles to the reopening of trade under
last year's nuclear deal and hopes for progress on the sidelines
of United Nations meetings in New York this week, an Iranian
official said on Sunday.
Read more
States to ease banking obstacles to the reopening of trade under
last year's nuclear deal and hopes for progress on the sidelines
of United Nations meetings in New York this week, an Iranian
official said on Sunday.
Read more
RPT-Wall St Week Ahead-Fed meeting grabs spotlight amid volatility comeback
NEW YORK, Sept 16 (Reuters) - Stock investors next week will
focus on the Federal Reserve's monetary policy decision and
whether economic growth trends have given the U.S. central bank
reason to raise interest rates off of rock-bottom levels.
Read more
focus on the Federal Reserve's monetary policy decision and
whether economic growth trends have given the U.S. central bank
reason to raise interest rates off of rock-bottom levels.
Read more
U.S. financials ETF investors face tax bill after index revamp
NEW YORK, Sept 18 (Reuters) - Investors who own some bank
sector funds may be in for an unwanted surprise: a tax bill.
Read more
sector funds may be in for an unwanted surprise: a tax bill.
Read more
Canada will impose nationwide carbon price - minister
TORONTO, Sept 18 (Reuters) - Canada will impose a carbon
price on provinces that do not adequately regulate emissions by
themselves, Environment Minister Catherine McKenna said on
Sunday without giving details on how the Liberal government will
do so.
Read more
price on provinces that do not adequately regulate emissions by
themselves, Environment Minister Catherine McKenna said on
Sunday without giving details on how the Liberal government will
do so.
Read more
O.J. Simpson drama set to sweep Emmys in big year for TV diversity
LOS ANGELES, Sept 18 (Reuters) - The dramatization of O.J.
Simpson's sensational 1995 double murder trial looks set to
sweep Sunday's Emmy Awards, crowning an extraordinary year for
American television and actors of multiple ethnic hues.
Read more
Simpson's sensational 1995 double murder trial looks set to
sweep Sunday's Emmy Awards, crowning an extraordinary year for
American television and actors of multiple ethnic hues.
Read more
Motor racing-F1 cannot be a dictatorship, says new chairman
LONDON, Sept 18 (Reuters) - Formula One cannot be run like a dictatorship, even if many people in the sport are used to that, according to the new chairman appointed to work with commercial supremo Bernie Ecclestone.
Read more
Read more
Gasoline prices spike as Colonial begins bypass around damaged line
Sept 18 (Reuters) - Retail gasoline prices surged on
Saturday due to the ongoing problems with Colonial Pipeline Co's
gasoline line that carries fuel to the U.S. East Coast, as the
company started to construct a bypass line around the leak.
Read more
Saturday due to the ongoing problems with Colonial Pipeline Co's
gasoline line that carries fuel to the U.S. East Coast, as the
company started to construct a bypass line around the leak.
Read more
Iran expects U.S. export licences for aircraft at end-Sept - official
TEHRAN, Sept 18 (Reuters) - Iran has been told that the
United States will issue export licences within weeks to
facilitate the purchase of Boeing and Airbus
jets and European ATR turboprop planes, a senior Iranian
official said on Sunday.
Read more
United States will issue export licences within weeks to
facilitate the purchase of Boeing and Airbus
jets and European ATR turboprop planes, a senior Iranian
official said on Sunday.
Read more
UPDATE 2-Samsung Electronics says sold shares in four companies
* Sales won't affect existing business relationships
-Samsung
(Updates with comment from Samsung on transaction)
Read more
-Samsung
(Updates with comment from Samsung on transaction)
Read more
Saturday, September 17, 2016
Samsung Electronics says sold shares in four companies
SEOUL, Sept 18 (Reuters) - South Korean tech giant Samsung
Electronics Co Ltd said on Sunday it sold shares in
ASML Holding NV, Rambus Inc, Seagate
Technology Plc and Sharp Corp.
Read more
Electronics Co Ltd said on Sunday it sold shares in
ASML Holding NV, Rambus Inc, Seagate
Technology Plc and Sharp Corp.
Read more
VW's Audi R&D head to be suspended over emissions scandal -Bild am Sonntag
BERLIN, Sept 18 (Reuters) - Volkswagen's Audi
head of development will be suspended this coming week as part
of the investigation into an emissions scandal, Bild am Sonntag
reported citing sources.
Read more
head of development will be suspended this coming week as part
of the investigation into an emissions scandal, Bild am Sonntag
reported citing sources.
Read more
UPDATE 1-Colonial resumes work on U.S. gasoline line, pump prices rise
Sept 17 (Reuters) - Colonial Pipeline Co said on Saturday it
resumed repairing a leak on a key U.S. gasoline line on Friday
afternoon, but pump prices continued to rise in the southeast as
several states took emergency action to get fuel to filling
stations more easily.
Read more
resumed repairing a leak on a key U.S. gasoline line on Friday
afternoon, but pump prices continued to rise in the southeast as
several states took emergency action to get fuel to filling
stations more easily.
Read more
UPDATE 1-Novartis says MS drug cut risk of disability advance in study
ZURICH, Sept 17 (Reuters) - Novartis's
investigational multiple sclerosis drug cut the risk of
disability progression in patients with a tough-to-treat form of
the disease versus a placebo, the Swiss company said on
Saturday, citing a new analysis of a late-stage trial.
Read more
investigational multiple sclerosis drug cut the risk of
disability progression in patients with a tough-to-treat form of
the disease versus a placebo, the Swiss company said on
Saturday, citing a new analysis of a late-stage trial.
Read more
UPDATE 1-Global partnership to combat AIDS reaches $13 billion goal
MONTREAL, Sept 17 (Reuters) - A global public-private
partnership has reached its goal of raising $13 billion from
international donors to combat AIDS, malaria and tuberculosis,
Canadian Prime Minister Justin Trudeau said on Saturday.
Read more
partnership has reached its goal of raising $13 billion from
international donors to combat AIDS, malaria and tuberculosis,
Canadian Prime Minister Justin Trudeau said on Saturday.
Read more
UPDATE 1-No significant progress in auto talks with GM -Canada Unifor union
TORONTO, Sept 17 (Reuters) - General Motors Co and
the Canadian union Unifor have not yet made any significant
progress in their talks to hammer out a new contract, the labor
group's President Jerry Dias said on Saturday as the sides
entered the final stretch of negotiations.
Read more
the Canadian union Unifor have not yet made any significant
progress in their talks to hammer out a new contract, the labor
group's President Jerry Dias said on Saturday as the sides
entered the final stretch of negotiations.
Read more
Novartis says MS drug cut risk of disability advance in study
ZURICH, Sept 17 (Reuters) - Novartis's
investigational multiple sclerosis drug cut the risk of
disability progression in patients with a tough-to-treat form of
the disease versus a placebo, the Swiss company said on
Saturday, citing a new analysis of a late-stage trial.
Read more
investigational multiple sclerosis drug cut the risk of
disability progression in patients with a tough-to-treat form of
the disease versus a placebo, the Swiss company said on
Saturday, citing a new analysis of a late-stage trial.
Read more
GM, Canada union in final talks ahead of strike deadline
TORONTO, Sept 17 (Reuters) - General Motors Co and
the Canadian union Unifor began the final stretch of talks on
Saturday, divided ahead of a looming strike deadline over union
demands that the U.S. carmaker commit to new vehicle models at
its Oshawa, Ontario plant.
Read more
the Canadian union Unifor began the final stretch of talks on
Saturday, divided ahead of a looming strike deadline over union
demands that the U.S. carmaker commit to new vehicle models at
its Oshawa, Ontario plant.
Read more
ITT Educational Services files for bankruptcy to start liquidation
SAN FRANCISCO, Sept 16 (Reuters) - ITT Educational Services
Inc filed for bankruptcy on Friday to liquidate its
business after the U.S. government restricted financial aid to
new students of the U.S. for-profit college operator.
Read more
Inc filed for bankruptcy on Friday to liquidate its
business after the U.S. government restricted financial aid to
new students of the U.S. for-profit college operator.
Read more
Friday, September 16, 2016
UPDATE 1-Florida man sues Samsung, says Galaxy Note 7 exploded
Sept 16 (Reuters) - Samsung Electronics Co was
sued on Friday by a Florida man who said he suffered severe
burns after his Galaxy Note 7 smartphone exploded in his front
pants pocket.
Read more
sued on Friday by a Florida man who said he suffered severe
burns after his Galaxy Note 7 smartphone exploded in his front
pants pocket.
Read more
Brazil listed homebuilder Viver files for bankruptcy protection
SAO PAULO, Sept 16 (Reuters) - Viver Incorporadora &
Construtora SA filed for bankruptcy protection on Friday,
becoming the first listed Brazilian homebuilder ever to seek an
in-court reorganization amid a harsh recession, tough
refinancing conditions and slumping home prices.
Read more
Construtora SA filed for bankruptcy protection on Friday,
becoming the first listed Brazilian homebuilder ever to seek an
in-court reorganization amid a harsh recession, tough
refinancing conditions and slumping home prices.
Read more
UPDATE 6-Sticker shock seen for U.S. motorists after key pipeline break
(Adds company comment on PHMSA order)
By Devika Krishna Kumar
NEW YORK, Sept 16 (Reuters) - Colonial Pipeline Co aims to
restart a key U.S. gasoline line by Thursday after delays to
repair a leak boosted fuel prices, but analysts expect some
motorists to feel the sticker shock for longer.
Colonial, the largest U.S. refined products pipeline
system, last Friday shut its main gasoline and distillate lines
that run from the Gulf Coast refining hub to the East Coast,
after the leak
Read more
Twitter grabs average 243,000 viewers in NFL livestream debut
NEW YORK, Sept 16 (Reuters) - Twitter Inc attracted an average of 243,000 viewers to Thursday's National Football League livestream of the New York Jets triumph over the Buffalo Bills, the first time the social media platform has broadcast an NFL game.
Read more
Read more
Mobileye says it warned Tesla against enabling 'hands-free' driving
FRANKFURT, Sept 16 (Reuters) - Mobileye NV said in
a U.S. securities filing on Friday that its top executives were
assured by Tesla Motors Inc Chief Executive Elon Musk
that drivers of the company's electric cars would not be allowed
to take their hands off the wheel when using the "Autopilot"
driving assistance system, but Tesla later allowed hands-free
driving over Mobileye's objections.
Read more
a U.S. securities filing on Friday that its top executives were
assured by Tesla Motors Inc Chief Executive Elon Musk
that drivers of the company's electric cars would not be allowed
to take their hands off the wheel when using the "Autopilot"
driving assistance system, but Tesla later allowed hands-free
driving over Mobileye's objections.
Read more
Exxon probe faces uphill climb amid ambiguous accounting rules
NEW YORK, Sept 16 (Reuters) - New York Attorney General Eric
Schneiderman faces an uphill climb in building a case against
Exxon Mobil Corp for not writing down assets amid the
oil-price slump because of the broad leeway that energy
companies have enjoyed reporting under U.S. rules, accounting
experts said.
Read more
Schneiderman faces an uphill climb in building a case against
Exxon Mobil Corp for not writing down assets amid the
oil-price slump because of the broad leeway that energy
companies have enjoyed reporting under U.S. rules, accounting
experts said.
Read more
UPDATE 2-Venezuela's PDVSA offers 2020 bond swap, with 8.5 pct coupon
CARACAS, Sept 16 (Reuters) - Venezuela's state oil company
PDVSA launched on Friday an offer to swap debt maturing next
year for a new 2020 bond with a coupon of 8.5 percent in an
effort to ease its heavy short-term payment schedule.
Read more
PDVSA launched on Friday an offer to swap debt maturing next
year for a new 2020 bond with a coupon of 8.5 percent in an
effort to ease its heavy short-term payment schedule.
Read more
BRIEF-Empire District Electric files for new Kansas electric rates
* Company is seeking an annual increase in base rate
revenues of approximately $6.4 million, or about 25.7 pct
Source text for Eikon:
Further company coverage:
Read more
revenues of approximately $6.4 million, or about 25.7 pct
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Synchrony files for a potential mixed shelf offering
* Files for a potential mixed shelf offering; size
undisclosed
Source text - http://bit.ly/2d4n6ld
Further company coverage:
Read more
undisclosed
Source text - http://bit.ly/2d4n6ld
Further company coverage:
Read more
BRIEF-Aeropostale:Court approves asset purchase agreement
* Court approved asset purchase agreement dated as of Sept
12 by and among co, co's units and Aero Opco Llc
Read more
12 by and among co, co's units and Aero Opco Llc
Read more
BRIEF-Altria group issues $500 million aggregate principal amount of its 2.625% notes due 2026
* On September 16, co issued aggregate principal amount of
$1.5 billion of its 3.875% notes due 2046
Read more
$1.5 billion of its 3.875% notes due 2046
Read more
UPDATE 2-Abbott to sell its eye care business to J&J for about $4.33 bln
Sept 16 (Reuters) - Abbott Laboratories said it
would sell its eye care business to Johnson & Johnson
for about $4.33 billion in cash to focus on cardiovascular
devices and diagnostics business.
Read more
would sell its eye care business to Johnson & Johnson
for about $4.33 billion in cash to focus on cardiovascular
devices and diagnostics business.
Read more
BRIEF-Abbott to sell Abbott Medical Optics to Johnson & Johnson for $4.325 bln
* Net impact of this transaction is not expected to impact
Abbott's overall targeted ongoing earnings per share in 2017.
Read more
Abbott's overall targeted ongoing earnings per share in 2017.
Read more
UPDATE 1-Florida sinkhole at Mosaic fertilizer site leaks radioactive water
Sept 16 (Reuters) - A sinkhole spanning 45 feet (13.7
meters) in diameter opened at a Mosaic Co phosphate
fertilizer facility in Florida, leaking 215 million gallons of
"slightly radioactive water," a company spokesman said on
Friday.
Read more
meters) in diameter opened at a Mosaic Co phosphate
fertilizer facility in Florida, leaking 215 million gallons of
"slightly radioactive water," a company spokesman said on
Friday.
Read more
California governor signs epinephrine bill, blasts Mylan
SAN FRANCISCO, Sept 16 (Reuters) - California Governor Jerry
Brown on Friday signed a bill to allow businesses across the
state to carry epinephrine auto-injectors, but sharply
admonished drugmaker Mylan NL over its recent price
increases.
Read more
Brown on Friday signed a bill to allow businesses across the
state to carry epinephrine auto-injectors, but sharply
admonished drugmaker Mylan NL over its recent price
increases.
Read more
EMERGING MARKETS-Mexico peso hits record low on U.S. CPI data; Brazil real rises
By Bruno Federowski
SAO PAULO, Sept 16 (Reuters) - Most Latin American
currencies slumped on Friday after U.S. inflation data offered
additional support to expectations of a Federal Reserve rate
hike this year, with the Mexican peso hitting a fresh record low
against the dollar.
But the Brazilian real strengthened after central bank chief
Ilan Goldfajn told Reuters that financial turbulence stemming
from U.S. policy tightening could deter the bank from quickly
reducing its stock of curre
Read more
SAO PAULO, Sept 16 (Reuters) - Most Latin American
currencies slumped on Friday after U.S. inflation data offered
additional support to expectations of a Federal Reserve rate
hike this year, with the Mexican peso hitting a fresh record low
against the dollar.
But the Brazilian real strengthened after central bank chief
Ilan Goldfajn told Reuters that financial turbulence stemming
from U.S. policy tightening could deter the bank from quickly
reducing its stock of curre
Read more
Bayer in $66 bln bet that farmers will back linked-up supplies
FRANKFURT, Sept 16 (Reuters) - Bayer's $66
billion purchase of Monsanto amounts to a long-term bet
that farmers will grow to trust combinations of seeds and
pesticides rather than continue to pick from ranges of separate
products.
Read more
billion purchase of Monsanto amounts to a long-term bet
that farmers will grow to trust combinations of seeds and
pesticides rather than continue to pick from ranges of separate
products.
Read more
Oprah Winfrey beats 'Own Your Power' trademark appeal
NEW YORK, Sept 16 (Reuters) - Oprah Winfrey, the media mogul
and former talk show host, on Friday defeated an appeal in a
trademark lawsuit over her use of the phrase "Own Your Power" in
her namesake magazine and on television, websites and social
media.
Read more
and former talk show host, on Friday defeated an appeal in a
trademark lawsuit over her use of the phrase "Own Your Power" in
her namesake magazine and on television, websites and social
media.
Read more
REFILE-Long-term care insurer SHIP works to dump Platinum Partners
NEW YORK, Sept 15 (Reuters) - A U.S. insurance company that
works with more than 70,000 elderly policy holders to meet their
healthcare needs is aiming to cut all of its financial ties to
troubled hedge fund manager Platinum Partners by the end of the
year.
Read more
works with more than 70,000 elderly policy holders to meet their
healthcare needs is aiming to cut all of its financial ties to
troubled hedge fund manager Platinum Partners by the end of the
year.
Read more
RPT-UPDATE 3-Deutsche Bank to fight $14 billion demand from U.S. authorities
FRANKFURT, Sept 16 (Reuters) - Deutsche Bank said
it would fight a $14 billion demand from the U.S. Department of
Justice to settle claims it missold mortgage-backed securities,
a shock bill that raises questions about the future of Germany's
largest lender.
Read more
it would fight a $14 billion demand from the U.S. Department of
Justice to settle claims it missold mortgage-backed securities,
a shock bill that raises questions about the future of Germany's
largest lender.
Read more
REFILE- Spiked M&A deals set for record as regulators increase scrutiny
NEW YORK, Sept 16 (IFR) - Bayer will be hoping that its
US$66bn purchase of Monsanto won't succumb to the same failure
that has tripped up many other mergers and acquisitions this
year, as regulators across the globe increase the scrutiny of
deals.
Read more
US$66bn purchase of Monsanto won't succumb to the same failure
that has tripped up many other mergers and acquisitions this
year, as regulators across the globe increase the scrutiny of
deals.
Read more
Obama enlists Republican Kasich to press for TPP passage
WASHINGTON, Sept 16 (Reuters) - U.S. President Barack Obama
on Friday engaged Ohio Governor John Kasich, a high-profile
political foe, to help press Republicans to approve the
12-nation Trans-Pacific Partnership trade deal before he leaves
office in four months.
Read more
on Friday engaged Ohio Governor John Kasich, a high-profile
political foe, to help press Republicans to approve the
12-nation Trans-Pacific Partnership trade deal before he leaves
office in four months.
Read more
Duration risk unlikely to dampen long bond issuance
NEW YORK, Sept 16 (IFR) - The yield on the 30-year Treasury
jumped 24bp this week as investors fretted over a possible US
rate hike and the perception that global central banks might
change tack on monetary easing.
Read more
jumped 24bp this week as investors fretted over a possible US
rate hike and the perception that global central banks might
change tack on monetary easing.
Read more
BRIEF-Voya Financial announces executive appointments
* Voya Financial Inc says Carolyn M. Johnson has been named
Chief Executive Officer of insurance solutions
Read more
Chief Executive Officer of insurance solutions
Read more
BRIEF-Unity Bancorp files for mixed shelf of up to $50 million - SEC filing
* Files for mixed shelf of up to $50 million - sec filing
Source text http://bit.ly/2ctM6Xn
Further company coverage:
Read more
Source text http://bit.ly/2ctM6Xn
Further company coverage:
Read more
BRIEF-Biglari Holdings Steak And Shake, intends to offer,nearly $400 mln aggregate principal amount of senior secured notes due 2023
* Steak N Shake also intends to use the net proceeds to make
a cash distribution of $230 million to biglari holdings
Read more
a cash distribution of $230 million to biglari holdings
Read more
BRIEF-Function(x) Inc. announces reverse stock split
* Reverse split was approved to enable co to regain and
maintain compliance listing on NASDAQ capital market
Read more
maintain compliance listing on NASDAQ capital market
Read more
PRESS DIGEST-Canada - Sept 16
Sept 16 (Reuters) - The following are the top stories from
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
UPDATE 1-Samsung Elec to resume Galaxy Note 7 sales in S.Korea on Sept 28
* Recall could cost Samsung nearly $5 bln in revenue -
analysts
(Updates with background, details on recall process and SDI)
Read more
analysts
(Updates with background, details on recall process and SDI)
Read more
BRIEF-Elon Musk says hoping to start worldwide rollout of Autopilot 8.0 on Wednesday- tweet
* Elon Musk says hoping to start worldwide rollout of
Autopilot 8.0 on Wednesday if no last minute issues discovered-
tweet
Further company coverage:
Read more
Autopilot 8.0 on Wednesday if no last minute issues discovered-
tweet
Further company coverage:
Read more
Tokyo gamers slapped down for virtual groping
TOKYO, Sept 16 (Reuters) - Virtual reality got a little too
real at the Tokyo Game Show on Friday when gamers lined up at
one exhibition and got touchy-feely with a mannequin that with
VR goggles transformed into a female anime character.
Read more
real at the Tokyo Game Show on Friday when gamers lined up at
one exhibition and got touchy-feely with a mannequin that with
VR goggles transformed into a female anime character.
Read more
Samsung Elec says to restart Galaxy Note 7 sales in S.Korea on Sept 28
SEOUL, Sept 16 (Reuters) - Samsung Electronics Co Ltd
said on Friday it will resume selling new Galaxy
Note 7 smartphones to customers in South Korea starting on Sept.
28, as the firm seeks to limit the fallout from a costly recall
of the high-end device.
Read more
said on Friday it will resume selling new Galaxy
Note 7 smartphones to customers in South Korea starting on Sept.
28, as the firm seeks to limit the fallout from a costly recall
of the high-end device.
Read more
European shares head for worst week in three months, Deutsche Bank slumps
LONDON, Sept 16 (Reuters) - European shares slipped on
Friday and headed for their worst weekly performance in three
months, with Deutsche Bank dragging financial services down
after it said the U.S. government was seeking billions of
dollars to settle a mortgages case.
Read more
Friday and headed for their worst weekly performance in three
months, with Deutsche Bank dragging financial services down
after it said the U.S. government was seeking billions of
dollars to settle a mortgages case.
Read more
UPDATE 1-Novo Nordisk's diabetes drug semaglutide cuts heart risk by 26 percent
COPENHAGEN, Sept 16 (Reuters) - Novo Nordisk's
experimental injectable diabetes drug semaglutide reduced
cardiovascular risk by 26 percent according to the keenly
awaited results of a clinical trial released on Friday.
Read more
experimental injectable diabetes drug semaglutide reduced
cardiovascular risk by 26 percent according to the keenly
awaited results of a clinical trial released on Friday.
Read more
European shares head for weekly loss, Deutsche Bank slumps
LONDON, Sept 16 (Reuters) - European shares edged lower in
early trading on Friday and headed for their second straight
week of losses, with Deutsche Bank slumping after
saying the U.S. government was asking it to pay a huge amount to
settle the mortgages case.
Read more
early trading on Friday and headed for their second straight
week of losses, with Deutsche Bank slumping after
saying the U.S. government was asking it to pay a huge amount to
settle the mortgages case.
Read more
BRIEF-Telenor sells 142.5 mln Vimpelcom shares at a price of $3.5 per share
* Vimpelcom ltd. announces pricing of 142,500,000 ADSs
(American Depositary Shares) by selling shareholder Telenor east
holding II AS
Read more
(American Depositary Shares) by selling shareholder Telenor east
holding II AS
Read more
Thursday, September 15, 2016
BRIEF-Telenor: $1 bln bond exchangeable to Vimpelcom shares at a 40 per cent premium of public offering price of $3.5 per ads
* Telenor ASA today announces the pricing of its USD
1,000,000,000, 3-year bond exchangeable for up to 204,081,633
VimpelCom ADSs
Read more
1,000,000,000, 3-year bond exchangeable for up to 204,081,633
VimpelCom ADSs
Read more
BRIEF-Blackpearl Resources says its Blackrod project receives regulatory approval
* Its commercial development application at Blackrod
received regulatory ,environmental approval from Alberta energy
regulator
Source text for Eikon:
Read more
received regulatory ,environmental approval from Alberta energy
regulator
Source text for Eikon:
Read more
Swiss stocks - Factors to watch on Sept 16
ZURICH, Sept 16 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Friday:
Read more
factors that may affect Swiss stocks on Friday:
Read more
Apple Japan unit ordered to pay $118 mln tax for underreporting income -media
TOKYO, Sept 16 (Reuters) - An Apple Inc iTunes unit
in Japan was ordered to pay some 12 billion yen ($118 million)
in tax by local authorities after underreporting income, media
reported Friday.
Read more
in Japan was ordered to pay some 12 billion yen ($118 million)
in tax by local authorities after underreporting income, media
reported Friday.
Read more
REFILE-Twitter abuzz as live-video test of Thursday Night Football nears
NEW YORK, Sept 15 (Reuters) - Social media users were buzzing on Thursday as Twitter Inc prepared for its first broadcast of a National Football League game, a match up between the New York Jets and the Buffalo Bills, which tests Twitter's strategy of putting big games on small screens.
Read more
Read more
UPDATE 1-Twitter users cheer Thursday Night Football live video
NEW YORK, Sept 15 (Reuters) - Twitter Inc made a smooth debut with its broadcast of a National Football League game on Thursday, attracting generally positive tweets midway through the matchup between the Buffalo Bills and the New York Jets.
Read more
Read more
BRIEF-Oragenics, Koski Family Limited partnership enters into amendment to June 30, 2016 unsecured promissory note
* Co and Koski Family Limited partnership entered into an
amendment to June 30, 2016 unsecured promissory note - SEC
filing
Read more
amendment to June 30, 2016 unsecured promissory note - SEC
filing
Read more
BRIEF-Claire's Stores Q2 sales falls 8.8 pct to $317.2 mln
* Claire's Stores Inc elects to delay interest payments and
enter 30-day grace period; provides update on exchange offer and
refinancing; reports fiscal 2016 2nd quarter results; 3rd fiscal
quarter-to-date same store sales percentages flat
Read more
enter 30-day grace period; provides update on exchange offer and
refinancing; reports fiscal 2016 2nd quarter results; 3rd fiscal
quarter-to-date same store sales percentages flat
Read more
UPDATE 1-Top U.S. bank regulator says Wells Fargo case shows sales risks
CAMBRIDGE, Mass., Sept 15 (Reuters) - The U.S. Comptroller
of the Currency said a recent case against Wells Fargo & Co
concerning phantom accounts highlights the risks other
banks face in their efforts to sell new products to existing
customers.
Read more
of the Currency said a recent case against Wells Fargo & Co
concerning phantom accounts highlights the risks other
banks face in their efforts to sell new products to existing
customers.
Read more
Tesla says Mobileye balked after learning carmaker to make own cameras
SAN FRANCISCO, Sept 15 (Reuters) - Tesla Motors Inc
on Thursday said its former camera supplier Mobileye
disparaged the safety of Tesla's assisted driving technology
Autopilot after learning the carmaker was developing its own
vision system.
Read more
on Thursday said its former camera supplier Mobileye
disparaged the safety of Tesla's assisted driving technology
Autopilot after learning the carmaker was developing its own
vision system.
Read more
BRIEF-Petrowest updates on credit facilities and operations
* Has been working with lenders, and other potential
lenders, to finalize a long term debt solution.
Read more
lenders, to finalize a long term debt solution.
Read more
UPDATE 4-Colonial delays gasoline pipeline restart to next week after leak
* Gasoline futures rise, cash prices in NY higher
(Adds states of emergency in Georgia and Alabama)
Read more
(Adds states of emergency in Georgia and Alabama)
Read more
UPDATE 1-Oracle's quarterly revenue misses estimates
Sept 15 (Reuters) - Oracle Corp reported
lower-than-expected quarterly revenue as growth in its
cloud-based offerings failed to make up for weakness in its
traditional software licensing business.
Read more
lower-than-expected quarterly revenue as growth in its
cloud-based offerings failed to make up for weakness in its
traditional software licensing business.
Read more
BRIEF-Community Health appoints Tim Hingtgen as president and chief operating officer
* On Sept. 14, 2016, board of company elected and appointed
Tim L. Hingtgen as president and chief operating officer
Source text - http://bit.ly/2cAoptP
Further company coverage:
Read more
Tim L. Hingtgen as president and chief operating officer
Source text - http://bit.ly/2cAoptP
Further company coverage:
Read more
BRIEF-Consumer safety agency plans recall of Samsung Galaxy Note 7 - CNBC
* Consumer safety agency plans recall of Samsung Galaxy Note
7 - CNBC, citing DJ
Source text: http://bit.ly/2crg8uS
Read more
7 - CNBC, citing DJ
Source text: http://bit.ly/2crg8uS
Read more
Fiat Chrysler recalling 1.9 million vehicles for air bag defect
WASHINGTON, Sept 15 (Reuters) - Fiat Chrysler Automobiles NV
said on Thursday it is recalling 1.9 million vehicles
worldwide for an air bag defect that is linked to three deaths
and five injuries.
Read more
said on Thursday it is recalling 1.9 million vehicles
worldwide for an air bag defect that is linked to three deaths
and five injuries.
Read more
Silicon Valley 3D printing startup gets $81 million in new funding
REDWOOD CITY, Calif., Sept 15 (Reuters) - Carbon, a Silicon
Valley startup that is developing 3D printers to produce medical
devices and car parts on demand, said on Thursday it had closed
on $81 million in funding that brought the total it has raised
to $222 million.
Read more
Valley startup that is developing 3D printers to produce medical
devices and car parts on demand, said on Thursday it had closed
on $81 million in funding that brought the total it has raised
to $222 million.
Read more
UPDATE 1-CBS CEO Moonves says 'no active discussions' with Viacom
Sept 15 (Reuters) - CBS Corp is not in "active
discussions," about recombining with Viacom Inc, CBS
Chief Executive Leslie Moonves said on Thursday.
Read more
discussions," about recombining with Viacom Inc, CBS
Chief Executive Leslie Moonves said on Thursday.
Read more
UPDATE 1-Brazil watching impact of scandal on banks, worries persist
SAO PAULO/BRASILIA, Sept 15 (Reuters) - The impact of
Brazil's biggest corruption scandal on bank balance sheets still
requires attention from policymakers even though the risk to the
sector is manageable, a senior central bank official said on
Thursday.
Read more
Brazil's biggest corruption scandal on bank balance sheets still
requires attention from policymakers even though the risk to the
sector is manageable, a senior central bank official said on
Thursday.
Read more
RPT-Noble Midstream Partners prices IPO at $22.50/shr, above indicated range - source
Sept 14 (Reuters) - Noble Midstream Partners LP, a
wholly owned unit of Noble Energy Inc, priced its
initial public offering (IPO) above earlier expectations, a
source familiar with the matter said on Wednesday, raising $281
million and breaking a year-long drought for IPOs in the oil and
gas sector.
Read more
wholly owned unit of Noble Energy Inc, priced its
initial public offering (IPO) above earlier expectations, a
source familiar with the matter said on Wednesday, raising $281
million and breaking a year-long drought for IPOs in the oil and
gas sector.
Read more
UPDATE 2-Chesapeake Energy loses appeal in $438.7 mln bond dispute
NEW YORK, Sept 15 (Reuters) - A federal appeals court on
Thursday rejected Chesapeake Energy Corp's effort to
avoid having to pay $438.7 million, including interest, to
investors in a bond dispute.
Read more
Thursday rejected Chesapeake Energy Corp's effort to
avoid having to pay $438.7 million, including interest, to
investors in a bond dispute.
Read more
CANADA STOCKS-TSX rises as banks and energy stocks gain
TORONTO, Sept 15 (Reuters) - Canada's main stock index rose
on Thursday as financials and energy stocks led gains, despite
crude prices turning negative and investors jitters about next
steps for central banks.
Read more
on Thursday as financials and energy stocks led gains, despite
crude prices turning negative and investors jitters about next
steps for central banks.
Read more
Farmers must have choice post Bayer-Monsanto merger - EU's Vestager
PARIS, Sept 15 (Reuters) - European Union anti-trust chief
Margrethe Vestager said on Thursday that farmers must continue
to have a choice when buying seeds and pesticides after the
merger between Bayer and Monsanto.
Read more
Margrethe Vestager said on Thursday that farmers must continue
to have a choice when buying seeds and pesticides after the
merger between Bayer and Monsanto.
Read more
LPC: Loan market preparing for SEC liquidity rules
NEW YORK, Sept 15 (Reuters) - Managers of loan mutual funds
are preparing for the release of final rules from the US
Securities and Exchange Commission (SEC) that seek to improve
the liquidity risk management of mutual funds and
exchange-traded funds (ETF).
Read more
are preparing for the release of final rules from the US
Securities and Exchange Commission (SEC) that seek to improve
the liquidity risk management of mutual funds and
exchange-traded funds (ETF).
Read more
BRIEF-Perry Ellis announces new footwear license for Perry Ellis portfolio brand
* New license with Doctorstick Korea to design, manufacture,
market and distribute men's and women's contemporary sport and
casual shoes
Read more
market and distribute men's and women's contemporary sport and
casual shoes
Read more
BRIEF-GigPeak says increased volume orders for 40Gbps QSFP+ drivers, TIAs through balance of 2016
* GigPeak announces quarter shipment of ICs for data center
applications, and sampling of SR and LR PAM4 IC chipsets
Read more
applications, and sampling of SR and LR PAM4 IC chipsets
Read more
BRIEF-KCG releases August 2016 trade volumes
* In market making, KCG averaged $24.1 billion dollar volume
traded, 3.7 billion shares traded, and 3.1 million trades per
day in U.S. Equities for August
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traded, 3.7 billion shares traded, and 3.1 million trades per
day in U.S. Equities for August
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BRIEF-Integrated Asset Management and IAM Private Debt Group announce $19 mln financing for Wolverine Group
* Integrated Asset Management Corp. and IAM private debt
group announce $19 million financing for Wolverine Group Inc.
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group announce $19 million financing for Wolverine Group Inc.
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BRIEF-Asanko Gold increases H2 2016 production guidance to 100,000 - 105,000 ounces
* Says h2 2016 production guidance increased to 100,000 -
105,000 ounces up from 90,000 - 100,000 ounces previously
Read more
105,000 ounces up from 90,000 - 100,000 ounces previously
Read more
REFILE-UPDATE 6-Bayer clinches Monsanto with improved $66 billion bid
NEW YORK/FRANKFURT, Sept 14 (Reuters) - German drug and crop
chemical maker Bayer clinched a $66 billion takeover of U.S.
seeds company Monsanto on Wednesday, ending months of wrangling
with a third sweetened offer that marks the largest all-cash
deal on record.
Read more
chemical maker Bayer clinched a $66 billion takeover of U.S.
seeds company Monsanto on Wednesday, ending months of wrangling
with a third sweetened offer that marks the largest all-cash
deal on record.
Read more
Malaysia confirms debris found in Tanzania is from MH370
KUALA LUMPUR, Sept 15 (Reuters) - Malaysia said on Thursday
that a large piece of aircraft debris discovered on the island
of Pemba, off the coast of Tanzania, in June, was from the
missing Malaysia Airlines jet MH370.
Read more
that a large piece of aircraft debris discovered on the island
of Pemba, off the coast of Tanzania, in June, was from the
missing Malaysia Airlines jet MH370.
Read more
Indonesia to look into Ford's sales after report on tax avoidance
JAKARTA, Sept 15 (Reuters) - Indonesia's tax office said it
will look into whether Ford Motor Co had avoided paying
appropriate taxes, after a local newspaper reported that the
U.S. car maker modified imported Everest model vehicles sold in
the country to pay a lower tax rate.
Read more
will look into whether Ford Motor Co had avoided paying
appropriate taxes, after a local newspaper reported that the
U.S. car maker modified imported Everest model vehicles sold in
the country to pay a lower tax rate.
Read more
GLOBAL MARKETS-Stocks struggle for footing after bond slip
LONDON, Sept 15 (Reuters) - World stocks steadied at
two-month lows on Thursday though bond markets stayed firmly in
the red, as eight years on from the collapse of Lehman Brothers
two of Europe's top central banks prepared to keep their
interest rates pointing down.
Read more
two-month lows on Thursday though bond markets stayed firmly in
the red, as eight years on from the collapse of Lehman Brothers
two of Europe's top central banks prepared to keep their
interest rates pointing down.
Read more
BRIEF-Takeaway.com valued at 1-1.2 bln euros pre-IPO -newspaper
AMSTERDAM, Sept 15 (Reuters) - **Analysts working on
Takeaway.com's initial public offering of shares have valued it
at 1-1.2 billion euros, Dutch daily Het Financieele Dagblad
reports.
Read more
Takeaway.com's initial public offering of shares have valued it
at 1-1.2 billion euros, Dutch daily Het Financieele Dagblad
reports.
Read more
UPDATE 1-Britain approves nuclear plant, easing Chinese, French ties
LONDON, Sept 15 (Reuters) - Britain gave the go head on
Thursday for a $24 billion nuclear power plant, ending weeks of
uncertainty that strained ties with China and France and put a
question mark over Prime Minister Theresa May's investment
policy.
Read more
Thursday for a $24 billion nuclear power plant, ending weeks of
uncertainty that strained ties with China and France and put a
question mark over Prime Minister Theresa May's investment
policy.
Read more
Cyber-ratings firm BitSight raises $40 mln, GGV Capital leads round
Sept 15 (Reuters) - BitSight Technologies, a firm that sells
cyber security ratings on businesses to insurers, said on
Thursday that it has closed $40 million in series C funding, in
a round led by GGV Capital.
Read more
cyber security ratings on businesses to insurers, said on
Thursday that it has closed $40 million in series C funding, in
a round led by GGV Capital.
Read more
UPDATE 1-Danish watchdog asks audit office to investigate DONG Energy IPO
COPENHAGEN, Sept 15 (Reuters) - A Danish political watchdog
on Wednesday asked the national audit office to investigate the
role of key parties involved in the share market flotation of
offshore wind farm developer DONG Energy.
Read more
on Wednesday asked the national audit office to investigate the
role of key parties involved in the share market flotation of
offshore wind farm developer DONG Energy.
Read more
Wednesday, September 14, 2016
Polish billionaire may join race for SABMiller's east Europe brands - report
WARSAW, Sept 15 (Reuters) - Polish billionaire Sebastian
Kulczyk could team up with private equity funds in a potential
joint bid for SABMiller's central and eastern European
beer brands, Puls Biznesu daily said on Thursday quoting unnamed
sources.
Read more
Kulczyk could team up with private equity funds in a potential
joint bid for SABMiller's central and eastern European
beer brands, Puls Biznesu daily said on Thursday quoting unnamed
sources.
Read more
United Airlines flight diverted after unspecified security concern
Sept 15 (Reuters) - A United Airlines flight from
Newark, New Jersey, to San Diego was diverted to Denver on
Wednesday because of an unspecified security concern, the
airline said.
Read more
Newark, New Jersey, to San Diego was diverted to Denver on
Wednesday because of an unspecified security concern, the
airline said.
Read more
PRESS DIGEST - Wall Street Journal - Sept 15
Sept 15 (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
Apple says initial quantities of iPhone 7 Plus sold out
Sept 14 (Reuters) - Initial quantities of the iPhone 7 Plus
have sold out globally as Apple Inc prepares to roll
out its new gadget in stores, the company said Wednesday.
Read more
have sold out globally as Apple Inc prepares to roll
out its new gadget in stores, the company said Wednesday.
Read more
BRIEF-Evine gets strategic investment led by Tommy Hilfiger, Morris Goldfarb and Tommy Mottola
* Evine secures strategic investment led by Tommy Hilfiger,
Morris Goldfarb and Tommy Mottola
Read more
Morris Goldfarb and Tommy Mottola
Read more
PRESS DIGEST- British Business - Sept 15
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
BRIEF-Northern Power Systems reports second quarter 2016 results; completes required financial filings to remove failure to file cease trade order
* Northern Power Systems reports second quarter 2016
results; completes required financial filings to remove failure
to file cease trade order
Read more
results; completes required financial filings to remove failure
to file cease trade order
Read more
BRIEF-Prospero closes $1.85 mln private placement
* Prospero closes $1.85 million private placement
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UPDATE 1-FDA panel recommends dropping serious warning on Pfizer's Chantix
Sept 14 (Reuters) - A serious warning on Pfizer Inc's
quit smoking drug should be removed, 10 of 19
independent panelists to the U.S. Food and Drug Administration
recommended on Wednesday, after reviewing additional trial data
on the controversial treatment.
Read more
quit smoking drug should be removed, 10 of 19
independent panelists to the U.S. Food and Drug Administration
recommended on Wednesday, after reviewing additional trial data
on the controversial treatment.
Read more
CORRECTED-UPDATE 1-Boeing to curb overtime for U.S. salaried workers to reduce costs
NEW YORK, Sept 14 (Reuters) - Boeing Co said on
Wednesday it is curbing use of overtime by 80,000 salaried
workers based in the United States, part of a company-wide
effort to reduce costs.
Read more
Wednesday it is curbing use of overtime by 80,000 salaried
workers based in the United States, part of a company-wide
effort to reduce costs.
Read more
UPDATE 2-Boeing to curb overtime for U.S. salaried workers to reduce costs
NEW YORK, Sept 14 (Reuters) - Boeing Co said on
Wednesday it is curbing use of paid overtime by 80,000 salaried
workers based in the United States, part of a company-wide
effort to reduce costs to deal with intense competition.
Read more
Wednesday it is curbing use of paid overtime by 80,000 salaried
workers based in the United States, part of a company-wide
effort to reduce costs to deal with intense competition.
Read more
CME Group says to launch precious metals spread, ratio contracts
NEW YORK, Sept 14 (Reuters) - CME Group Inc
announced on Wednesday it is launching three new contracts to
begin trading on Oct. 24, pending review.
Read more
announced on Wednesday it is launching three new contracts to
begin trading on Oct. 24, pending review.
Read more
BRIEF-Mark Zuckerberg on Facebook - Facebook's 7th data center will be in Los Lunas, New Mexico in the United States
* Mark Zuckerberg on Facebook - Facebook's 7th data center
will be in Los Lunas, New Mexico in the United States
Read more
will be in Los Lunas, New Mexico in the United States
Read more
BRIEF-United Technologies board elects Gregory Hayes chairman
* United Technologies board elects Gregory J. Hayes
chairman, Edward A. Kangas named lead director
Read more
chairman, Edward A. Kangas named lead director
Read more
BRIEF-Star Bulk Q2 adjusted loss per share $0.69
* Star Bulk Carriers Corp. Reports financial results for the
second quarter and first half of 2016, and announces agreement
with its lenders to defer 100% of its debt repayment for 25
months to june 30, 2018 and to waive or substantially relax the
financial
Read more
second quarter and first half of 2016, and announces agreement
with its lenders to defer 100% of its debt repayment for 25
months to june 30, 2018 and to waive or substantially relax the
financial
Read more
BRIEF-Star Bulk reports $51.5 million public offering of common stock
* Star Bulk Carriers Corp. announces $51.5 million public
offering of common stock
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offering of common stock
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Spectrum bladder cancer drug not effective - U.S. FDA panel
Sept 14 (Reuters) - Spectrum Pharmaceuticals Inc's
experimental bladder cancer treatment apaziquone is not
effective in delaying the time to recurrence of the disease, an
advisory committee to the U.S. Food and Drug Administration
concluded on Wednesday.
Read more
experimental bladder cancer treatment apaziquone is not
effective in delaying the time to recurrence of the disease, an
advisory committee to the U.S. Food and Drug Administration
concluded on Wednesday.
Read more
Monte dei Paschi appoints Morelli as chief executive
MILAN, Sept 14 (Reuters) - Troubled Italian bank Monte dei
Paschi di Siena as expected on Wednesday appointed the
head of Bank of America Merrill Lynch in Italy as its new chief
executive.
Read more
Paschi di Siena as expected on Wednesday appointed the
head of Bank of America Merrill Lynch in Italy as its new chief
executive.
Read more
BRIEF-United Development Funding IV says Nasdaq hearings panel grants extension of exception for continued listing
* United development funding iv says nasdaq hearings panel
grants extension of exception for continued listing of shares
Read more
grants extension of exception for continued listing of shares
Read more
Boeing CEO says 777 output may be cut further if sales lag endures
NEW YORK, Sept 14 (Reuters) - Boeing Co's production
of 777 jets may be cut further than projected if sales lag this
year, the company's chief executive said on Wednesday.
Read more
of 777 jets may be cut further than projected if sales lag this
year, the company's chief executive said on Wednesday.
Read more
TABLE-Mexico's Pemex sets Oct crude prices for global buyers
MEXICO CITY, Sept 14 (Reuters) - Mexican state-owned oil
company Pemex revised its October term pricing
formulas for crude oil shipped to customers in the Americas,
Europe and the Far East, the company said on Wednesday.
The following table lists the adjustments to price constants
in the Americas, the U.S. West Coast, Europe and the Far East:
DESTINATION SEPT CONSTANT OCT CONSTANT
---------------- ---------------- ---------------
AMERICAS
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company Pemex revised its October term pricing
formulas for crude oil shipped to customers in the Americas,
Europe and the Far East, the company said on Wednesday.
The following table lists the adjustments to price constants
in the Americas, the U.S. West Coast, Europe and the Far East:
DESTINATION SEPT CONSTANT OCT CONSTANT
---------------- ---------------- ---------------
AMERICAS
Read more
UPDATE 1-Tesla says it is investigating cause of fatal China crash
Sept 14 (Reuters) - Tesla Motors Inc is
investigating the cause of a fatal crash in China involving one
of its vehicles, but has "no way of knowing" if its
semi-automated Autopilot system was engaged at the time of the
accident, the company said in a statement on Wednesday.
Read more
investigating the cause of a fatal crash in China involving one
of its vehicles, but has "no way of knowing" if its
semi-automated Autopilot system was engaged at the time of the
accident, the company said in a statement on Wednesday.
Read more
BRIEF-CSG Systems adjusts convertible debt conversion rate for 2010 convertible notes
* CSG Systems adjusts convertible debt conversion rate for
2010 convertible notes as a result of dividend
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2010 convertible notes as a result of dividend
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BRIEF-JPMorgan Chase signs Best Buy to accept Chase Pay
* Signed a multiyear agreement for Best Buy to accept Chase
Pay in its stores, on bestbuy.com and in Best Buy app
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Pay in its stores, on bestbuy.com and in Best Buy app
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Former Barclays FX trader sues for unfair dismissal
LONDON, Sept 14 (IFR) - A former Barclays foreign exchange
trader is suing the British bank for unfair dismissal at a
London employment tribunal, after several successful claims by
traders fired by rival banks.
Read more
trader is suing the British bank for unfair dismissal at a
London employment tribunal, after several successful claims by
traders fired by rival banks.
Read more
CANADA STOCKS-TSX rises with miners; energy stocks drag with lower oil
TORONTO, Sept 14 (Reuters) - Canada's main stock index made
a small gain in Wednesday morning trading as mining stocks
rebounded, while a further slide in oil prices weighed on shares
of energy companies.
Read more
a small gain in Wednesday morning trading as mining stocks
rebounded, while a further slide in oil prices weighed on shares
of energy companies.
Read more
BRIEF-Cracker Barrel Old Country Store Q4 earnings per share $2.12
* Cracker Barrel reports fourth quarter and full year fiscal
2016 results and provides guidance for fiscal 2017
Read more
2016 results and provides guidance for fiscal 2017
Read more
BRIEF-Chipotle to hire 5,000 employees on second-annual National Career Day
* Announced to hire 5,000 new employees, topping its 2015
goal of 4,000.
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goal of 4,000.
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BRIEF-Ford expects total co results decline in 2017, as co invests in emerging opportunities
* Ford outlines growth plan: fortify profit pillars;
transform underperforming operations; invest in emerging
opportunities to be a leader in electrification, autonomy and
mobility
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transform underperforming operations; invest in emerging
opportunities to be a leader in electrification, autonomy and
mobility
Read more
UPDATE 3-Bayer clinches Monsanto with improved $66 billion bid
* Bayer says expects deal to close by end-2017
(Adds confirmation, analyst, details, updates shares)
Read more
(Adds confirmation, analyst, details, updates shares)
Read more
RPT-Spat over which U.S. airlines fly govt workers intensifies
WASHINGTON, Sept 13 (Reuters) - A spat among airlines over
which deserved the contract to fly U.S. government workers on
certain routes intensified on Tuesday, with the chief executive
of JetBlue Airways Corp calling rivals hypocritical for
protesting its award.
Read more
which deserved the contract to fly U.S. government workers on
certain routes intensified on Tuesday, with the chief executive
of JetBlue Airways Corp calling rivals hypocritical for
protesting its award.
Read more
Ford charts cautious path toward self-driving, shared vehicles
DETROIT, Sept 14 (Reuters) - Ford Motor Co Chief
Executive Mark Fields is looking for more deals to advance the
automaker's expansion into ride services and autonomous
vehicles, but will not rush to match big spending by auto
industry rivals, he told Reuters.
Read more
Executive Mark Fields is looking for more deals to advance the
automaker's expansion into ride services and autonomous
vehicles, but will not rush to match big spending by auto
industry rivals, he told Reuters.
Read more
Asterias stem cell therapy shows promise in spinal cord paralysis -U.S. study
NEW YORK, Sept 14 (Reuters) - An experimental stem cell
therapy developed by Asterias Biotherapeutics restored
some movement to patients paralyzed by recent spinal cord
injuries, according to interim data from a small study being
presented on Wednesday.
Read more
therapy developed by Asterias Biotherapeutics restored
some movement to patients paralyzed by recent spinal cord
injuries, according to interim data from a small study being
presented on Wednesday.
Read more
UPDATE 1-Bank bosses say no big slowdown in markets so far after Brexit vote
LONDON, Sept 14 (Reuters) - There has been no fundamental
slowdown in markets so far because of Britain's decision to
leave the European Union, top officials from the financial
services sector said on Wednesday.
Read more
slowdown in markets so far because of Britain's decision to
leave the European Union, top officials from the financial
services sector said on Wednesday.
Read more
European shares break four-day losing streak, miners lead
LONDON, Sept 14 (Reuters) - European shares rose in early
deals on Wednesday, breaking a four-day losing streak as
investors sought safe-haven assets after markets sold off
globally on the back of concerns about the effectiveness of
central bank policy.
Read more
deals on Wednesday, breaking a four-day losing streak as
investors sought safe-haven assets after markets sold off
globally on the back of concerns about the effectiveness of
central bank policy.
Read more
BRIEF-Ant Financial buys EyeVerify to boost trust, security, and convenience of mobile financial transaction - Statement
* Ant Financial acquires EyeVerify to boost trust, security,
and convenience of mobile financial transaction - Statement
Read more
and convenience of mobile financial transaction - Statement
Read more
Linde chairman says no new talks with Praxair "for now" -Handelsblatt
FRANKFURT, Sept 14 (Reuters) - The chairman of German
industrial gases group Linde said U.S. rival Praxair
would still be the best partner for it but he did not
foresee that merger talks would immediately resume after Linde's
two top executives quit.
Read more
industrial gases group Linde said U.S. rival Praxair
would still be the best partner for it but he did not
foresee that merger talks would immediately resume after Linde's
two top executives quit.
Read more
Kazakhstan says talks continue over Karachaganak dispute
ASTANA, Sept 14 (Reuters) - Kazakhstan's government and
energy majors developing the Karachaganak gas condensate field
are still in talks about the Central Asian nation's financial
claim against the consortium, Kazakhstan's deputy energy
minister said on Wednesday.
Read more
energy majors developing the Karachaganak gas condensate field
are still in talks about the Central Asian nation's financial
claim against the consortium, Kazakhstan's deputy energy
minister said on Wednesday.
Read more
Tuesday, September 13, 2016
RPT-Top German companies say refugees not ready for job market
FRANKFURT, Sept 14 (Reuters) - Germany's blue-chip companies
will have to explain to Chancellor Angela Merkel on Wednesday
why they have managed to hire fewer than 100 refugees after
around a million arrived in the country last year.
Read more
will have to explain to Chancellor Angela Merkel on Wednesday
why they have managed to hire fewer than 100 refugees after
around a million arrived in the country last year.
Read more
UPDATE 1-UK Stocks-Factors to watch on Sept. 14
Sept 14 (Reuters) - Britain's FTSE 100 index is seen opening up 23
to 25 points on Wednesday, or 0.3-0.4 percent, according to financial
bookmakers, with futures up 0.3 percent ahead of the cash market open.
Read more
to 25 points on Wednesday, or 0.3-0.4 percent, according to financial
bookmakers, with futures up 0.3 percent ahead of the cash market open.
Read more
Samsung to cap Note 7 battery charge in South Korea via software update
SEOUL, Sept 14 (Reuters) - Samsung Electronics Co Ltd
, which has urged users of its Galaxy Note 7
smartphone to turn them in due to fire-prone batteries, said it
will perform a software update in South Korea that limits the
devices' charge to 60 percent.
Read more
, which has urged users of its Galaxy Note 7
smartphone to turn them in due to fire-prone batteries, said it
will perform a software update in South Korea that limits the
devices' charge to 60 percent.
Read more
BRIEF-Exelixis says European commission approves Cabometyx
* European Commission approves Cabometyx tablets for the
treatment of advanced renal cell carcinoma following
VEGF-targeted therapy
Read more
treatment of advanced renal cell carcinoma following
VEGF-targeted therapy
Read more
EU's Schulz calls for review of ethics code after Barroso goes to Goldman
BERLIN, Sept 14 (Reuters) - European Parliament President
Martin Schulz said the European Union should revise its code of
conduct after the furor caused by former European Commission
President Jose Manuel Barroso taking a job with U.S. bank
Goldman Sachs, a German paper reported on Wednesday.
Read more
Martin Schulz said the European Union should revise its code of
conduct after the furor caused by former European Commission
President Jose Manuel Barroso taking a job with U.S. bank
Goldman Sachs, a German paper reported on Wednesday.
Read more
Colorado's civil litigation over movie theater massacre ends
DENVER, Sept 13 (Reuters) - The movie theater chain that
owns a Colorado cinema where 12 people were killed in a 2012
shooting spree will not pursue $700,000 in legal costs the
company incurred fighting an unsuccessful lawsuit, court records
showed on Tuesday.
Read more
owns a Colorado cinema where 12 people were killed in a 2012
shooting spree will not pursue $700,000 in legal costs the
company incurred fighting an unsuccessful lawsuit, court records
showed on Tuesday.
Read more
BRIEF-Cisco prices $6.25 bln of senior unsecured notes
* Pricing of five series of senior unsecured notes in an
aggregate principal amount of $6.25 billion
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aggregate principal amount of $6.25 billion
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PRESS DIGEST- British Business - Sept 14
Sept 14 - The following are the top stories on the business
pages of British newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
pages of British newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
Facebook, Twitter join network to tackle fake news
NEW YORK, Sept 13 (Reuters) - Facebook Inc and
Twitter Inc have joined a network of over 30 news and
technology companies to tackle fake news and improve the quality
of information on social media, the group said on Tuesday.
Read more
Twitter Inc have joined a network of over 30 news and
technology companies to tackle fake news and improve the quality
of information on social media, the group said on Tuesday.
Read more
UPDATE 1-Former AIG chief Hank Greenberg finally goes on trial
NEW YORK, Sept 13 (Reuters) - Opening arguments began on
Tuesday in the trial of former American International Group Inc
chairman Maurice "Hank" Greenberg over accounting fraud at the
insurance giant some 16 years ago.
Read more
Tuesday in the trial of former American International Group Inc
chairman Maurice "Hank" Greenberg over accounting fraud at the
insurance giant some 16 years ago.
Read more
JetBlue CFO to retire after five years in role
Sept 13 (Reuters) - JetBlue Airways Corp said on
Tuesday that Chief Financial Officer Mark Powers would retire,
effective Nov. 1.
Read more
Tuesday that Chief Financial Officer Mark Powers would retire,
effective Nov. 1.
Read more
U.S. probe: excessive thrust to blame in 2015 Delta runway accident
Sept 13 (Reuters) - The U.S. National Transportation Safety
Board on Tuesday faulted a Delta Air Lines pilot in a
March 2015 incident in which a Boeing MD-88 veered off the
runway at New York's LaGuardia Airport, resulting in minor
injuries to 29 passengers.
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Board on Tuesday faulted a Delta Air Lines pilot in a
March 2015 incident in which a Boeing MD-88 veered off the
runway at New York's LaGuardia Airport, resulting in minor
injuries to 29 passengers.
Read more
UPDATE 2-Short-seller Chanos calls Tesla-SolarCity merger 'crazy' -CNBC conference
NEW YORK, Sept 13 (Reuters) - The prominent short-seller Jim
Chanos, founder of Kynikos Associates, on Tuesday called the
proposed merger of Tesla Motors Inc and SolarCity Corp
"crazy," noting that the combined company would need
constant access to capital markets.
Read more
Chanos, founder of Kynikos Associates, on Tuesday called the
proposed merger of Tesla Motors Inc and SolarCity Corp
"crazy," noting that the combined company would need
constant access to capital markets.
Read more
BRIEF-Southern California Gas Co says entered into settlement agreement with District Attorney's Office for Los Angeles County
* Socalgas statement on settlement agreement with District
Attorney for Los Angeles County related to Aliso Canyon
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Attorney for Los Angeles County related to Aliso Canyon
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UPDATE 2-U.S. Congress dives into Wells Fargo case, panel to hold hearing
WASHINGTON, Sept 13 (Reuters) - Wells Fargo's
practices of putting customers into fake accounts, which last
week led the U.S. government to fine it $190 million, took
center stage in Congress on Tuesday with staff members for
Republicans on the Senate Banking Committee set to meet with
representatives of the bank.
Read more
practices of putting customers into fake accounts, which last
week led the U.S. government to fine it $190 million, took
center stage in Congress on Tuesday with staff members for
Republicans on the Senate Banking Committee set to meet with
representatives of the bank.
Read more
Investors reluctant to back Monte Paschi's cash call
LONDON, Sept 13 (Reuters) - Investors are reluctant to back
Monte dei Paschi di Siena's bid to raise billions of
euros, leading fund managers and a source with knowledge of the
matter told Reuters, posing a huge challenge for a new CEO
seeking to save the Italian bank.
Read more
Monte dei Paschi di Siena's bid to raise billions of
euros, leading fund managers and a source with knowledge of the
matter told Reuters, posing a huge challenge for a new CEO
seeking to save the Italian bank.
Read more
Short-seller Chanos calls Tesla-SolarCity merger 'crazy' - CNBC conference
NEW YORK, Sept 13 (Reuters) - The prominent short-seller Jim
Chanos, founder of Kynikos Associates, called the proposed
merger of Tesla Motors Inc and SolarCity Corp
"crazy," noting that the combined company would need constant
access to capital markets.
Read more
Chanos, founder of Kynikos Associates, called the proposed
merger of Tesla Motors Inc and SolarCity Corp
"crazy," noting that the combined company would need constant
access to capital markets.
Read more
Democrats seek U.S. House investigation of Wells Fargo case
WASHINGTON, Sept 13 (Reuters) - Democrats on the U.S. House
Financial Services Committee are calling for an investigation
into Wells Fargo's practices of putting customers into
fake accounts, which last week led the federal government to
fine the bank for nearly $200 million.
Read more
Financial Services Committee are calling for an investigation
into Wells Fargo's practices of putting customers into
fake accounts, which last week led the federal government to
fine the bank for nearly $200 million.
Read more
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