BEIRUT, Dec 31 (Reuters) - Iran and European planemaker ATR
are due to sign a deal next week for the purchase of 20
short-haul passenger aircraft, an Iranian official said on
Saturday, weeks after Tehran finalised deals with Boeing
and Airbus.
Read more
Saturday, December 31, 2016
Iranian airliner returns to airport after engine failure
BEIRUT, Dec 31 (Reuters) - An Iranian passenger plane was
forced to return to Tehran's Mehrabad airport on Saturday after
one of its two engines failed, Tasnim news agency reported on
Saturday, adding that all passengers were safe.
Read more
forced to return to Tehran's Mehrabad airport on Saturday after
one of its two engines failed, Tasnim news agency reported on
Saturday, adding that all passengers were safe.
Read more
Chinese firms ordered to pay Disney, Pixar $194,000 for copying "Cars" - Xinhua
SHANGHAI, Dec 31 (Reuters) - A Shanghai court ordered two
Chinese firms to pay Walt Disney Co and Pixar more than
1.35 million yuan ($194,440) compensation for copying parts of
their hit movies "Cars" and "Cars 2", the official Xinhua news
agency reported on Saturday.
Read more
Chinese firms to pay Walt Disney Co and Pixar more than
1.35 million yuan ($194,440) compensation for copying parts of
their hit movies "Cars" and "Cars 2", the official Xinhua news
agency reported on Saturday.
Read more
UPDATE 1-U.S. scrambles to clear egg exports to bird flu-hit Korea
CHICAGO, Dec 30 (Reuters) - U.S. officials are urgently
seeking an agreement with South Korea that would allow imports
of American eggs so farmers can cash in on a shortage caused by
the Asian country's worst-ever outbreak of bird flu.
Read more
seeking an agreement with South Korea that would allow imports
of American eggs so farmers can cash in on a shortage caused by
the Asian country's worst-ever outbreak of bird flu.
Read more
Friday, December 30, 2016
UPDATE 1-Tesla owner files lawsuit in California claiming sudden acceleration
SAN FRANCISCO, Dec 30 (Reuters) - Tesla Motors Inc
was sued on Friday by a Model X owner who said his electric SUV
suddenly accelerated while being parked, causing it to crash
through the garage into the owner's living room, injuring the
driver and a passenger.
Read more
was sued on Friday by a Model X owner who said his electric SUV
suddenly accelerated while being parked, causing it to crash
through the garage into the owner's living room, injuring the
driver and a passenger.
Read more
Argentina set to increase telecoms competition -source
BUENOS AIRES, Dec 30 (Reuters) - Argentina will loosen
regulations in the telecommunications sector in a bid to
increase competition among providers and modernize the country's
internet service, a government source with knowledge of the
situation told Reuters on Friday.
Read more
regulations in the telecommunications sector in a bid to
increase competition among providers and modernize the country's
internet service, a government source with knowledge of the
situation told Reuters on Friday.
Read more
Tesla owner files lawsuit in California claiming sudden acceleration
SAN FRANCISCO, Dec 30 (Reuters) - Tesla Motors Inc
was sued on Friday by a Model X owner who said his electric SUV
suddenly accelerated while being parked, causing it to crash
through the garage into owner's living room, injuring the driver
and a passenger.
Read more
was sued on Friday by a Model X owner who said his electric SUV
suddenly accelerated while being parked, causing it to crash
through the garage into owner's living room, injuring the driver
and a passenger.
Read more
Furloughed Huntsman contractors in Port Neches, Texas, to return
HOUSTON, Dec 30 (Reuters) - Contract workers will return
next week to Huntsman Corp's Port Neches, Texas,
petrochemical complex after a two-week furlough, according to
the company.
Read more
next week to Huntsman Corp's Port Neches, Texas,
petrochemical complex after a two-week furlough, according to
the company.
Read more
U.S. scrambles to clear egg exports to bird flu-hit Korea
CHICAGO, Dec 30 (Reuters) - U.S. officials are urgently
seeking an agreement with South Korea that would allow imports
of American eggs so farmers can cash in on a shortage caused by
the Asian country's worst-ever outbreak of bird flu.
Read more
seeking an agreement with South Korea that would allow imports
of American eggs so farmers can cash in on a shortage caused by
the Asian country's worst-ever outbreak of bird flu.
Read more
BRIEF-CSI Compressco says TETRA Compensation Committee determined salary reductions should be extended to March 31
* CSI Compressco LP - on December 28, Tetra compensation
committee determined salary reductions, which cover named
executive officers, should be extended to March 31, 2017
Source text: (http://bit.ly/2hxRDs7)
Further company coverage:
Read more
committee determined salary reductions, which cover named
executive officers, should be extended to March 31, 2017
Source text: (http://bit.ly/2hxRDs7)
Further company coverage:
Read more
CANADA STOCKS-TSX stumbles in year-end retreat, posts 2016 gains
TORONTO, Dec 30 (Reuters) - Canada's main stock index fell
broadly on the last trading day of the year on Friday, with
volumes thin ahead of the New Year, but logged an overall robust
annual gain.
Read more
broadly on the last trading day of the year on Friday, with
volumes thin ahead of the New Year, but logged an overall robust
annual gain.
Read more
BRIEF-Arlington Asset Investment files for mixed shelf of up to $750 million
* Files for mixed shelf of up to $750 million - SEC filing
Source text for Eikon:
Further company coverage:
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Source text for Eikon:
Further company coverage:
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BRIEF-Organigram announces voluntary product recall
* OrganiGram Holdings Inc - voluntarily recalling certain
lots of medical marijuana which were supplied between August and
December 2016
Read more
lots of medical marijuana which were supplied between August and
December 2016
Read more
US STOCKS-Wall St set to end strong 2016 on dour note
Dec 30 (Reuters) - U.S. stocks pulled back on the last
trading day of the year on Friday, led down by Apple and other
big tech stocks, but major indexes were still poised to post
solid gains for 2016.
Read more
trading day of the year on Friday, led down by Apple and other
big tech stocks, but major indexes were still poised to post
solid gains for 2016.
Read more
BRIEF-East Japan Railway makes joint bid to manage UK train service- Nikkei
* East Japan Railway has made joint bid for rights to manage
train services on major British network - Nikkei
Read more
train services on major British network - Nikkei
Read more
BRIEF-Imprimis Pharmaceuticals says it raised about $10 million
* Imprimis Pharmaceuticals says it raised about $10 million
in equity, options and warrant financing - SEC filing
Source text: (http://bit.ly/2im320x)
Further company coverage:
Read more
in equity, options and warrant financing - SEC filing
Source text: (http://bit.ly/2im320x)
Further company coverage:
Read more
UPDATE 1-Apple to cut iPhone production in Jan-March quarter -report
Dec 30 (Reuters) - Apple Inc will trim production
of iPhones by about 10 percent in the January-March quarter of
2017, the Nikkei financial daily reported on Thursday, citing
calculations based on data from suppliers.
Read more
of iPhones by about 10 percent in the January-March quarter of
2017, the Nikkei financial daily reported on Thursday, citing
calculations based on data from suppliers.
Read more
BRIEF-Apple to trim production of its iPhone family around 10 pct on the year in Q1 2017 - Nikkei
* Apple will trim production of its iPhone family around 10
pct on the year in the first quarter of 2017 - Nikkei
Source text (http://s.nikkei.com/2hClWTv)
Further company coverage:
Read more
pct on the year in the first quarter of 2017 - Nikkei
Source text (http://s.nikkei.com/2hClWTv)
Further company coverage:
Read more
TABLE-Copper output in Peru in Nov rose 33 pct yr/yr -govt
LIMA, Dec 30 (Reuters) - Copper output in Peru, a leading
global minerals exporter, in November surged 32.8 percent
year-on-year, while zinc, gold and iron production also
increased, the Energy and Mines Ministry said Friday.
Read more
global minerals exporter, in November surged 32.8 percent
year-on-year, while zinc, gold and iron production also
increased, the Energy and Mines Ministry said Friday.
Read more
BRIEF-Cabot Oil & Gas provides update on Atlantic Sunrise Project
* Cabot Oil & Gas Corporation provides update on Atlantic
Sunrise Project, announces gas sale and purchase agreement
Read more
Sunrise Project, announces gas sale and purchase agreement
Read more
BRIEF-Beigene announces first patient dosing in China phase I trial with investigational anti-pd-1 monoclonal antibody bgb-a317
* Beigene ltd- dosing of first patient in phase i clinical
trial of bgb-a317 in mainland chinese patients with advanced
solid tumors
Read more
trial of bgb-a317 in mainland chinese patients with advanced
solid tumors
Read more
US STOCKS SNAPSHOT-Wall St opens higher on 2016's last trading day
Dec 30 (Reuters) - U.S. stocks opened higher on the final
trading day of the year, supported by gains in financial and
technology stocks.
Read more
trading day of the year, supported by gains in financial and
technology stocks.
Read more
BRIEF-Endologix provides physicians with updated information about the afx endovascular aaa system
* Endologix - letter with guidance for physicians includes a
voluntary recall of limited number of first-generation afx
devices remaining in inventories
Read more
voluntary recall of limited number of first-generation afx
devices remaining in inventories
Read more
CANADA STOCKS-Futures edge higher as metal prices rise
Dec 30 (Reuters) - Canadian stock futures edged higher on
Friday, the last trading day of the year, helped by gains in
metals prices.
Read more
Friday, the last trading day of the year, helped by gains in
metals prices.
Read more
US STOCKS-Futures rise on last trading day of 2016
Dec 30 (Reuters) - U.S. stock index futures rose on Friday,
with the Dow poised for its best annual performance since 2013
amid increasing optimism about the outlook for the economy.
Read more
with the Dow poised for its best annual performance since 2013
amid increasing optimism about the outlook for the economy.
Read more
Canada's Fairfax gets approval to buy 51 pct stake in Indian lender
MUMBAI, Dec 30 (Reuters) - A unit of Canadian investment
firm Fairfax Financial Holdings Ltd received
preliminary regulatory approval to buy a 51 percent stake in
Catholic Syrian Bank, the chairman of the Indian
lender said on Friday.
Read more
firm Fairfax Financial Holdings Ltd received
preliminary regulatory approval to buy a 51 percent stake in
Catholic Syrian Bank, the chairman of the Indian
lender said on Friday.
Read more
INSIGHT-How ties to an "equestrian princess" landed Samsung at center of a scandal
SEOUL, Dec 30 (Reuters) - Samsung Electronics Co's
sponsorship of the equestrian-athlete daughter of a
long-time friend of President Park Geun-hye has helped to land
South Korea's top company in the center of the country's
influence-peddling scandal.
Read more
sponsorship of the equestrian-athlete daughter of a
long-time friend of President Park Geun-hye has helped to land
South Korea's top company in the center of the country's
influence-peddling scandal.
Read more
Britain's FTSE set to finish 2016 on strong note, Europe lags
LONDON, Dec 30 (Reuters) - Britain's blue-chip FTSE 100
index looked set for a strong finish to 2016 on Friday
after climbing to a record closing high in the previous session,
although the pan-European STOXX 600 index was set for a
slightly weaker ending.
Read more
index looked set for a strong finish to 2016 on Friday
after climbing to a record closing high in the previous session,
although the pan-European STOXX 600 index was set for a
slightly weaker ending.
Read more
UPDATE 1-UK Stocks-Factors to watch on Dec. 30
Dec 30 (Reuters) - Britain's FTSE 100 index is seen opening down 3
points, or 0.04 percent, on Friday, the last working day of the year, according
to financial bookmakers, with futures trading flat ahead of the cash
market open.
Read more
points, or 0.04 percent, on Friday, the last working day of the year, according
to financial bookmakers, with futures trading flat ahead of the cash
market open.
Read more
Thursday, December 29, 2016
Swiss stocks - Factors to watch on Friday
ZURICH, Dec 30 (Reuters) - The Swiss blue-chip SMI
was seen opening little changed at 8,257 points on Friday,
according to premarket indications by bank Julius Baer
.
Read more
was seen opening little changed at 8,257 points on Friday,
according to premarket indications by bank Julius Baer
.
Read more
Three killed, many trapped in coal mine collapse in eastern India - police
BHUBANESWAR, India, Dec 30 (Reuters) - At least three men
were killed and nearly two dozen trapped when a pile of mine
waste collapsed in a mine in eastern India run by state-run
miner Coal India Limited, state police said on Friday.
Read more
were killed and nearly two dozen trapped when a pile of mine
waste collapsed in a mine in eastern India run by state-run
miner Coal India Limited, state police said on Friday.
Read more
Nikkei drops to 3-week low in choppy trade; ekes out small gains for 2016
* Nikkei ekes out small gains for 2016, 5th straight annual
gains Takata soars on hopes it could settle charges with US
Read more
gains Takata soars on hopes it could settle charges with US
Read more
PRESS DIGEST - Wall Street Journal - Dec 30
Dec 30 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
PRESS DIGEST- New York Times business news - Dec 30
Dec 30 (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
Taiwan stocks up, look set for 10 pct gain in 2016
TAIPEI, Dec 30 (Reuters) - Taiwan stocks rose on Friday in
the last trading day of the year, with the main index looking
set to post an annual gain of just over 10 percent,
outperforming most of its Asian peers.
The day's gains came as the government said it would halve
the transaction tax on day trades in local shares, in a bid to
bolster thin trading in the island's stock market.
Taiwan's financial markets will be shut on Monday for the
New Year holiday weekend. They resume trade on T
Read more
the last trading day of the year, with the main index looking
set to post an annual gain of just over 10 percent,
outperforming most of its Asian peers.
The day's gains came as the government said it would halve
the transaction tax on day trades in local shares, in a bid to
bolster thin trading in the island's stock market.
Taiwan's financial markets will be shut on Monday for the
New Year holiday weekend. They resume trade on T
Read more
GLOBAL MARKETS-Asia stocks, dollar subdued on last trading day of 2016, euro spikes briefly
SINGAPORE, Dec 30 (Reuters) - Asian stocks and the
dollar were off to a subdued start on Friday as investors took
profits on the last trading day of 2016, while the euro briefly
spiked in thin trade.
Read more
dollar were off to a subdued start on Friday as investors took
profits on the last trading day of 2016, while the euro briefly
spiked in thin trade.
Read more
PRESS DIGEST- Financial Times - Dec 30
Dec 30 (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
China's outbound M&A push to draw more scrutiny after record year
HONG KONG/BEIJING, Dec 30 (Reuters) - China's appetite for
foreign assets is likely to remain healthy after completed
acquisitions surged 46 percent to a record $105 billion this
year as mainland firms scooped up assets ranging from movie
studios to football clubs.
Read more
foreign assets is likely to remain healthy after completed
acquisitions surged 46 percent to a record $105 billion this
year as mainland firms scooped up assets ranging from movie
studios to football clubs.
Read more
BRIEF-Strike Energy updates on U.S. operations
* to provide an update with respect to sale of group's
remaining production assets in united states.
Read more
remaining production assets in united states.
Read more
Asia-Pacific IPO market to rebound from weak 2016 on China financial deals
HONG KONG, Dec 30 (Reuters) - Share sales in Asia ex-Japan
are set to rebound in 2017 from three-year lows this year,
driven by listings of financial firms in Greater China,
including the world's biggest fintech IPO, and a further revival
of offerings in India, bankers and investors said.
Read more
are set to rebound in 2017 from three-year lows this year,
driven by listings of financial firms in Greater China,
including the world's biggest fintech IPO, and a further revival
of offerings in India, bankers and investors said.
Read more
Britain avoids M&A collapse as foreign buyers go Brexit bargain hunting
LONDON, Dec 30 (Reuters) - Britain avoided a collapse in
mergers and acquisitions activity after the shock Brexit vote as
foreign companies used sterling's spectacular devaluation
against the U.S. dollar to snap up British companies, Thomson
Reuters data shows.
Read more
mergers and acquisitions activity after the shock Brexit vote as
foreign companies used sterling's spectacular devaluation
against the U.S. dollar to snap up British companies, Thomson
Reuters data shows.
Read more
UPDATE 1-Investors favor stock funds over bonds, reversing 2016 trend
(Adds details on mutual funds and ETFs, analyst quote, table,
byline)
By Trevor Hunnicutt
NEW YORK, Dec 29 (Reuters) - U.S.-based stock funds pulled
in $11.8 billion in the week ended Dec. 28, data from Lipper
showed on Thursday, ending 2016 with an enthusiasm for stocks
that had been lacking for the better part of the year.
Investors pulled $775 million from taxable bond mutual funds
and exchange-traded funds during the same period, marking the
third straight week of withdrawals,
Read more
BRIEF-Inventergy Global, units entered restructuring agreement with certain affiliates of Fortress Investment Group
* Inventergy Global Inc - restructuring agreement to amend
revenue sharing and note purchase agreement entered into on
October 1, 2014
Read more
revenue sharing and note purchase agreement entered into on
October 1, 2014
Read more
BRIEF-Diversified Restaurant, some units enter amendment to primary credit facility - SEC filing
* Diversified Restaurant Holdings - amendment reduces
development line of credit to $5 million, extends its maturity
by one year to June 29, 2018
Read more
development line of credit to $5 million, extends its maturity
by one year to June 29, 2018
Read more
BRIEF-Wright Medical Group says entered into credit, security and guaranty agreement - SEC filing
* Credit, security and guaranty agreement provides for a
$150.0 million senior secured asset based line of credit
Read more
$150.0 million senior secured asset based line of credit
Read more
BRIEF-TransUnion says agreed to settle with CFPB on Dec 22 - SEC filing
* TransUnion - on December 22, 2016, agreed to settle with
consumer financial protection bureau - SEC filing
Read more
consumer financial protection bureau - SEC filing
Read more
BRIEF-Stonepine Capital Management reports 6.4 pct passive stake in Ophthotech Corp
* Stonepine Capital Management Llc - reports 6.4 percent
passive stake in Ophthotech Corp as of Dec 19 - SEC Filing
Source text - http://bit.ly/2hA5aEu
Further company coverage:
Read more
passive stake in Ophthotech Corp as of Dec 19 - SEC Filing
Source text - http://bit.ly/2hA5aEu
Further company coverage:
Read more
UPDATE 3-General Cable to pay more than $75 mln to settle bribery charges -U.S.
WASHINGTON, Dec 29 (Reuters) - General Cable Corp, a
Kentucky-based wire manufacturer, agreed to pay more than $75
million to resolve allegations that it had bribed officials in
Angola, Bangladesh and China, the U.S. Justice Department and
Securities and Exchange Commission said on Thursday.
Read more
Kentucky-based wire manufacturer, agreed to pay more than $75
million to resolve allegations that it had bribed officials in
Angola, Bangladesh and China, the U.S. Justice Department and
Securities and Exchange Commission said on Thursday.
Read more
BRIEF-U.S. CPSC says Polaris recalls about 9,900 Sportsman 570 ATVs due to fire hazard
* U.S. Consumer Product Safety Commission says Polaris
recalls about 9,900 Sportsman 570 all-terrain vehicles due to
fire hazard
Read more
recalls about 9,900 Sportsman 570 all-terrain vehicles due to
fire hazard
Read more
GLOBAL MARKETS-Bank stocks weigh on shares; Dow backs further from 20,000
NEW YORK, Dec 29 (Reuters) - U.S. and European shares, the
dollar and bond yields all headed lower on Thursday, with
traders using the quiet holiday period to book some profits on
the heady gains stocks have seen in the final quarter of 2016
and reposition for the year ahead.
Read more
dollar and bond yields all headed lower on Thursday, with
traders using the quiet holiday period to book some profits on
the heady gains stocks have seen in the final quarter of 2016
and reposition for the year ahead.
Read more
BRIEF-General Cable says resolves ongoing SEC and DOJ investigations
* General Cable will pay fines, disgorgement and
pre-judgment interest to SEC and DOJ in total amount of $82.3
million
Read more
pre-judgment interest to SEC and DOJ in total amount of $82.3
million
Read more
BRIEF-Supercom subsidiary Safend received Q4 bookings totaling more than $1.4 mln
* Subsidiary Safend received Q4 bookings totaling more than
$1.4 million
Source text for Eikon:
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$1.4 million
Source text for Eikon:
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BRIEF-Kingold Jewelry expects to re-commence quarterly conference calls throughout year for 2017
* "Expect to re-commence quarterly conference calls
throughout year" for 2017
Source text for Eikon:
Further company coverage:
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throughout year" for 2017
Source text for Eikon:
Further company coverage:
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BRIEF-Cuba Ventures appoints Tim Fernback as cfo
* Cuba Ventures announces Tim Fernback as cfo and
re-election of directors at the AGM
Source text for Eikon:
Further company coverage:
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re-election of directors at the AGM
Source text for Eikon:
Further company coverage:
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BRIEF-Here and Mobileye to partner on REM and open location platform technology
* Here and Mobileye to partner on rem and open location
platform technology to enable crowd-sourced HD mapping for
automated driving
Source text for Eikon:
Further company coverage:
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platform technology to enable crowd-sourced HD mapping for
automated driving
Source text for Eikon:
Further company coverage:
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Brazil's Petrobras finalizes sale of Nansei Sekiyu for $165 mln
SAO PAULO, Dec 29 (Reuters) - Brazil's state-run oil company
Petroleo Brasileiro SA closed the sale of a 100
percent stake in Nansei Sekiyu to Taiyo Oil Company,
according to a securities filing on Thursday.
Read more
Petroleo Brasileiro SA closed the sale of a 100
percent stake in Nansei Sekiyu to Taiyo Oil Company,
according to a securities filing on Thursday.
Read more
European shares ease as miners, banks fall
LONDON, Dec 29 (Reuters) - European shares opened slightly
lower on Thursday with all sectors in negative territory in
early deals as banking shares and miners fell.
Read more
lower on Thursday with all sectors in negative territory in
early deals as banking shares and miners fell.
Read more
Wednesday, December 28, 2016
UK Stocks-Factors to watch on Dec. 29
Dec 29 (Reuters) - Britain's FTSE 100 index is seen opening down 23
points, or 0.33 percent lower on Thursday, according to financial bookmakers.
Read more
points, or 0.33 percent lower on Thursday, according to financial bookmakers.
Read more
BRIEF-Peabody Energy provides update regarding plan of reorganization
* Peabody Energy - also has reached agreement with creditor
co-proponents of plan to extend deadline for holders of
company's senior secured second lien notes
Read more
co-proponents of plan to extend deadline for holders of
company's senior secured second lien notes
Read more
PRESS DIGEST- New York Times business news - Dec 29
Dec 29 (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
PRESS DIGEST - Wall Street Journal - Dec 29
Dec 29 (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
UPDATE 2-U.S. FTC requires divestitures in $13.53 bln Boehringer-Sanofi deal
WASHINGTON, Dec 28 (Reuters) - German pharmaceutical company
Boehringer Ingelheim agreed to divest five types of animal
health products to settle charges that a proposed asset swap
with Sanofi would harm competition, the U.S. Federal Trade
Commission said on Wednesday.
Read more
Boehringer Ingelheim agreed to divest five types of animal
health products to settle charges that a proposed asset swap
with Sanofi would harm competition, the U.S. Federal Trade
Commission said on Wednesday.
Read more
Nikkei drops to more than 2-week low hit by weak US shares; Takata soars
TOKYO, Dec 29 (Reuters) - Japan's Nikkei share average fell
to a more than two-week low on Thursday tracking weakness on
Wall Street, but Takata Corp surged on news that the maker of
defective air bags could settle U.S. criminal charges next
month.
Read more
to a more than two-week low on Thursday tracking weakness on
Wall Street, but Takata Corp surged on news that the maker of
defective air bags could settle U.S. criminal charges next
month.
Read more
PRESS DIGEST- Financial Times - Dec 29
Dec 29 (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
Peru to bar Odebrecht from public bids with new anti-graft rules
LIMA, Dec 28 (Reuters) - Peru said on Wednesday that
Odebrecht SA and other companies involved in
corruption will not be able to bid on public work contracts, a
week after the Brazilian builder acknowledged distributing $29
million in bribes in the Andean country.
Read more
Odebrecht SA and other companies involved in
corruption will not be able to bid on public work contracts, a
week after the Brazilian builder acknowledged distributing $29
million in bribes in the Andean country.
Read more
PRESS DIGEST- British Business - Dec 29
Dec 29 (Reuters) - The following are the top stories on the
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
UPDATE 3-Sprint, OneWeb say 8,000 jobs announced by Trump are part of SoftBank pledge
PALM BEACH, Fla., Dec 28 (Reuters) - U.S. President-elect
Donald Trump on Wednesday said telecommunications group Sprint
Corp and a U.S. satellite company OneWeb will bring 8,000
jobs to the United States, and the companies said the positions
were part of a previously disclosed pledge by Japan's SoftBank
Group Corp.
Read more
Donald Trump on Wednesday said telecommunications group Sprint
Corp and a U.S. satellite company OneWeb will bring 8,000
jobs to the United States, and the companies said the positions
were part of a previously disclosed pledge by Japan's SoftBank
Group Corp.
Read more
BRIEF-Glacier Bancorp declares special dividend of $0.30/shr
* Glacier Bancorp, Inc declares special dividend
Source text for Eikon:
Further company coverage:
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Source text for Eikon:
Further company coverage:
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BRIEF-Avista receives approval of the all-party settlement in Idaho electric rate case
* Approved rates are designed to increase annual electric
revenues by $6.3 million, or 2.5 percent
Read more
revenues by $6.3 million, or 2.5 percent
Read more
Brother of JonBenet Ramsey sues CBS for $750 million over documentary
DENVER, Dec 28 (Reuters) - The brother of slain Colorado
child beauty queen JonBenet Ramsey has filed a $750 million
defamation lawsuit against CBS Corp over a documentary
aired by the network theorizing that he killed his little
sister, court documents showed on Wednesday.
Read more
child beauty queen JonBenet Ramsey has filed a $750 million
defamation lawsuit against CBS Corp over a documentary
aired by the network theorizing that he killed his little
sister, court documents showed on Wednesday.
Read more
Dwindling hog sales force Peoria, Illinois stockyard closure
CHICAGO, Dec 28 (Reuters) - Industry changes and fewer hogs
sold at the Illinois Peoria Stockyards have prompted the auction
barn's owners to close the facility at the end of the year,
ending a nearly 150-year rural tradition.
Read more
sold at the Illinois Peoria Stockyards have prompted the auction
barn's owners to close the facility at the end of the year,
ending a nearly 150-year rural tradition.
Read more
BRIEF-Mercury General files for potential debt shelf offering
* Mercury General Corp files for potential debt
shelf offering; size not disclosed - SEC filing
Source text: (http://bit.ly/2iFiuYn)
Further company coverage:
Read more
shelf offering; size not disclosed - SEC filing
Source text: (http://bit.ly/2iFiuYn)
Further company coverage:
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SEC investigates banks that sold Mozambique's "tuna bond" - WSJ
MAPUTO, Dec 28 (Reuters) - The U.S. Securities and Exchange
Commission is investigating the sale of $850 million in bonds
issued by Mozambique by Credit Suisse, Russia's VTB Group and
BNP Paribas, the Wall Street Journal reported on Wednesday.
Read more
Commission is investigating the sale of $850 million in bonds
issued by Mozambique by Credit Suisse, Russia's VTB Group and
BNP Paribas, the Wall Street Journal reported on Wednesday.
Read more
UPDATE 2-Takata could pay up to $1 bln to settle U.S. criminal probe - WSJ
Dec 28 (Reuters) - Japan's Takata Corp is nearing a
settlement with the U.S. Department of Justice and is expected
to pay up to $1 billion to resolve allegations of criminal
wrongdoing related to its faulty air bag inflators, the Wall
Street Journal reported.
Read more
settlement with the U.S. Department of Justice and is expected
to pay up to $1 billion to resolve allegations of criminal
wrongdoing related to its faulty air bag inflators, the Wall
Street Journal reported.
Read more
Brazil oil and gas output reaches 3.307 mln bpd in November -ANP
SAO PAULO, Dec 28 (Reuters) - Oil and natural gas production
in Brazil reached 3.307 million barrels of oil equivalent per
day in November, according to a report released by the
government's petroleum industry regulator ANP on Friday.
Read more
in Brazil reached 3.307 million barrels of oil equivalent per
day in November, according to a report released by the
government's petroleum industry regulator ANP on Friday.
Read more
Takata could pay up to $1 bln to settle U.S. criminal probe - WSJ
Dec 28 (Reuters) - Japan's Takata Corp is nearing a
settlement with the U.S. Department of Justice and is expected
to pay up to $1 billion to resolve allegations of criminal
wrongdoing in handling its faulty air bags, the Wall Street
Journal reported on Wednesday.
Read more
settlement with the U.S. Department of Justice and is expected
to pay up to $1 billion to resolve allegations of criminal
wrongdoing in handling its faulty air bags, the Wall Street
Journal reported on Wednesday.
Read more
U.S. Coast Guard ends search for cruise ship passenger off New Jersey
NEW YORK, Dec 28 (Reuters) - The U.S. Coast Guard has called
off a search for a woman who went missing from the Queen Mary 2
cruise ship off the coast of New Jersey over the Christmas
holiday weekend, a spokesman said on Wednesday.
Read more
off a search for a woman who went missing from the Queen Mary 2
cruise ship off the coast of New Jersey over the Christmas
holiday weekend, a spokesman said on Wednesday.
Read more
EMERGING MARKETS-Latam stocks rise on higher commodity prices
By Bruno Federowski
SAO PAULO, Dec 28 (Reuters) - Latin American stocks rose on
Wednesday as prices of iron ore soared and crude hit its highest
in the year, supporting demand for assets from commodity-heavy
economies.
Chinese steel rebar and iron ore prices jumped nearly 3
percent following a weeks-long selloff, supporting shares of
miners and steelmakers.
Shares in Vale SA were the biggest gainers in
Brazil's benchmark Bovespa stock index, while stocks in
Gerdau SA extended gains f
Read more
SAO PAULO, Dec 28 (Reuters) - Latin American stocks rose on
Wednesday as prices of iron ore soared and crude hit its highest
in the year, supporting demand for assets from commodity-heavy
economies.
Chinese steel rebar and iron ore prices jumped nearly 3
percent following a weeks-long selloff, supporting shares of
miners and steelmakers.
Shares in Vale SA were the biggest gainers in
Brazil's benchmark Bovespa stock index, while stocks in
Gerdau SA extended gains f
Read more
BRIEF-Griffin Industrial Realty says sale of about 67 acres of undeveloped land
* Griffin Industrial Realty Inc - Sale of approximately 67
acres of undeveloped land for approximately $10.25 million in
cash
Read more
acres of undeveloped land for approximately $10.25 million in
cash
Read more
BRIEF-Sino-Global enters into agreement with COSCO Beijing International Freight
* Pursuant to agreement with COSFRE Beijing, Sino-Global
will receive percentage of total amount of each transportation
fee
Read more
will receive percentage of total amount of each transportation
fee
Read more
GLOBAL MARKETS-Dollar stirs from slumber as yield gap yawns
LONDON, Dec 28 (Reuters) - The dollar, oil and world stocks
rose on Wednesday following upbeat U.S. data that saw the gap
between Treasuries and other benchmark global government bonds
hit new highs.
Read more
rose on Wednesday following upbeat U.S. data that saw the gap
between Treasuries and other benchmark global government bonds
hit new highs.
Read more
BRIEF-Immunocellular Therapeutics Ltd files for offering of up to $20 mln of common units
* Immunocellular Therapeutics Ltd - files for offering of up
to up to $20.0 million of common units, each consisting of share
of common stock, and warrant
Source text http://bit.ly/2iqqMjC
Further company coverage:
Read more
to up to $20.0 million of common units, each consisting of share
of common stock, and warrant
Source text http://bit.ly/2iqqMjC
Further company coverage:
Read more
BRIEF-Manulife Asset Management says total assets managed by firm were $450 bln
* Manulife Asset Management - total global assets managed
by firm were $450 billion as of September 30, 2016, up 10 per
cent from September 30 last year.
Read more
by firm were $450 billion as of September 30, 2016, up 10 per
cent from September 30 last year.
Read more
BRIEF-Live Ventures sees 2017 revenue to increase by "well over 50 pct, surpassing $120 mln"
* Live ventures sees 2017 revenue to increase by "well over
50 percent, easily surpassing $120 million"
Read more
50 percent, easily surpassing $120 million"
Read more
CANADA STOCKS-Futures rise following long Christmas break
Dec 28 (Reuters) - Canadian stock futures were higher on
Wednesday as markets ready for reopening after a long Christmas
break.
Read more
Wednesday as markets ready for reopening after a long Christmas
break.
Read more
PRESS DIGEST- Canada - Dec 28
Dec 28 (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
Intesa draws bidder shortlist for 2.5 bln euro bad loan sale - sources
MILAN, Dec 28 (Reuters) - Intesa Sanpaolo has
included Apollo Global Management, Cerberus and
Christofferson Robb & Company in a short list of bidders for a
2.5 billion euro ($2.61 billion) bad loan portfolio it aims to
sell, two sources close to the matter said.
Read more
included Apollo Global Management, Cerberus and
Christofferson Robb & Company in a short list of bidders for a
2.5 billion euro ($2.61 billion) bad loan portfolio it aims to
sell, two sources close to the matter said.
Read more
Atlantic pursues fresh acquisition in western Europe
BELGRADE, Dec 28 (Reuters) - Croatia's Atlantic Grupa
is working on an acquisition in western Europe as its
room for growth in the former Yugoslavia becomes limited,
founder and Chief Executive Emil Tedeschi told Reuters in an
interview.
Read more
is working on an acquisition in western Europe as its
room for growth in the former Yugoslavia becomes limited,
founder and Chief Executive Emil Tedeschi told Reuters in an
interview.
Read more
UPDATE 1-UK Stocks-Factors to watch on Dec 28
Dec 28 (Reuters) - Britain's FTSE 100 index is seen opening 0.07
percent higher on Wednesday after a four-day Christmas break, according to
financial bookmakers, with futures up 0.1 percent ahead of the cash
market open.
Read more
percent higher on Wednesday after a four-day Christmas break, according to
financial bookmakers, with futures up 0.1 percent ahead of the cash
market open.
Read more
Tuesday, December 27, 2016
BRIEF-Vestas secures order for 48 MW in the United States
* Secures order for 48 megawatt in the United States
comprising 3 megawatt compatible turbine components that enable
future project pipeline
Read more
comprising 3 megawatt compatible turbine components that enable
future project pipeline
Read more
PRESS DIGEST - Wall Street Journal - Dec 28
Dec 28 (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
MIDEAST STOCKS - Factors to watch - Dec 28
Dec 28 (Reuters) - Here are some factors that may affect
Middle East stock markets on Wednesday. Reuters has not verified
the press reports and does not vouch for their accuracy.
Read more
Middle East stock markets on Wednesday. Reuters has not verified
the press reports and does not vouch for their accuracy.
Read more
BRIEF-Ford introduces next-generation Ford Fusion Hybrid Autonomous Development Vehicle
* Ford introduces next-generation Ford Fusion Hybrid
Autonomous Development Vehicle; says will first display new test
vehicle at CES next week
Read more
Autonomous Development Vehicle; says will first display new test
vehicle at CES next week
Read more
BRIEF-Capstream announces joint venture with True Incube, True Incube to invest C$10 million in Capstream
* Capstream announces establishment of joint venture with
True Incube, True Incube C$10 million investment in Capstream &
provides a business update
Read more
True Incube, True Incube C$10 million investment in Capstream &
provides a business update
Read more
Last-minute spending surge lifts U.S. holiday shopping season
CHICAGO, Dec 27 (Reuters) - A jump in consumer spending in
the final stretch of December significantly offset a slow start
to the U.S. holiday shopping season, and is likely to help many
retailers beat sales forecasts, industry research groups said on
Tuesday.
Read more
the final stretch of December significantly offset a slow start
to the U.S. holiday shopping season, and is likely to help many
retailers beat sales forecasts, industry research groups said on
Tuesday.
Read more
EMERGING MARKETS-Brazil stocks rise, supported by Vale, steelmakers
(Updates with afternoon prices, details)
SAO PAULO, Dec 27 (Reuters) - Brazilian stocks rose on
Tuesday, boosted by shares of miner Vale and steelmakers as iron
ore prices broke a nine-day losing streak.
China-listed iron ore future contracts eked out small gains
on Tuesday after the long tumble pushed prices to a one-month
low on Monday.
Shares of Vale SA closed up 1.23 percent while
shares of steelmaker Companhia Siderúrgica Nacional SA
closed up 5.61 percent.
Mexico's st
Read more
PRESS DIGEST- British Business - Dec 28
Dec 28 (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
GLOBAL MARKETS-Asia follows Wall Street higher, upbeat US data lifts dollar
TOKYO, Dec 28 (Reuters) - Asia stocks followed Wall Street
higher early on Wednesday, while the dollar firmed against major
peers such as the yen following the release of upbeat U.S.
economic data overnight.
Read more
higher early on Wednesday, while the dollar firmed against major
peers such as the yen following the release of upbeat U.S.
economic data overnight.
Read more
Delta to cancel order for 18 Boeing 787 Dreamliner aircraft
Dec 27 (Reuters) - Delta Air Lines Inc said on
Tuesday that in agreement with Boeing Co it would cancel
an order for 18 787 Dreamliner aircraft, which it assumed as a
part of its merger with Northwest Airlines.
Read more
Tuesday that in agreement with Boeing Co it would cancel
an order for 18 787 Dreamliner aircraft, which it assumed as a
part of its merger with Northwest Airlines.
Read more
INSIGHT-Serial testers and cursory checks: India's flawed generic drug trials business
HYDERABAD, Dec 28 (Reuters) - Vasudeva Prakash left his job
as a mechanic in Hyderabad three years ago for what he calls a
more lucrative career: taking part in clinical trials on generic
drugs.
Read more
as a mechanic in Hyderabad three years ago for what he calls a
more lucrative career: taking part in clinical trials on generic
drugs.
Read more
BRIEF-Pope Resources announces sales totaling $14.3 mln from Harbor Hill Project
* Pope Resources announces sales totaling $14.3 million from
Harbor Hill Project
Source text for Eikon:
Further company coverage:
Read more
Harbor Hill Project
Source text for Eikon:
Further company coverage:
Read more
BRIEF-McClatchy to purchase group annuity contract from American United Life Insurance
* McClatchy Co - on Dec 20, co's retirement committee
entered into an agreement to purchase a group annuity contract
from American United Life Insurance Co
Read more
entered into an agreement to purchase a group annuity contract
from American United Life Insurance Co
Read more
BRIEF-Delta Air Lines, Boeing cancel 787-8 order placed in 2005 by Northwest Airlines
* Reached agreement with Boeing company to cancel order as
part of merger with northwest airlines
Read more
part of merger with northwest airlines
Read more
BRIEF-Nasdaq announces mid-month open short interest positions in Nasdaq stocks as of Dec. 15
* Nasdaq announces mid-month open short interest positions
in Nasdaq stocks as of settlement date December 15, 2016
Source text for Eikon:
Further company coverage:
Read more
in Nasdaq stocks as of settlement date December 15, 2016
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Bio Rad Laboratories says Court grants preliminary approval for settlement with City of Riviera Beach General Employees' Retirement System
* Order granting preliminary approval to proposed settlement
by plaintiff City of Riviera Beach General Employees' Retirement
System
Read more
by plaintiff City of Riviera Beach General Employees' Retirement
System
Read more
BRIEF-Presidio Holdings updates on IPO listing
* Presidio Holdings Ltd files amended IPO registration form,
says it intends to apply to list its common stock on Nasdaq
under the symbol "PSDO"
Source text: (http://bit.ly/2ibtqtG)
Further company coverage:
Read more
says it intends to apply to list its common stock on Nasdaq
under the symbol "PSDO"
Source text: (http://bit.ly/2ibtqtG)
Further company coverage:
Read more
UPDATE 3-Amazon calls 2016 holiday season its best ever; shares rise
Dec 27 (Reuters) - Amazon.com Inc said it shipped
more than 1 billion items worldwide this holiday season, which
the top online retailer called its best ever, and its shares
rose 1.6 percent in afternoon trade.
Read more
more than 1 billion items worldwide this holiday season, which
the top online retailer called its best ever, and its shares
rose 1.6 percent in afternoon trade.
Read more
UPDATE 2-U.S. accuses Chinese citizens of hacking law firms, insider trading
NEW YORK, Dec 27 (Reuters) - Three Chinese citizens have
been criminally charged in the United States with trading on
confidential corporate information obtained by hacking into
networks and servers of law firms working on mergers, U.S.
prosecutors said on Tuesday.
Read more
been criminally charged in the United States with trading on
confidential corporate information obtained by hacking into
networks and servers of law firms working on mergers, U.S.
prosecutors said on Tuesday.
Read more
Flight booking systems lack basic privacy safeguards, researchers say
HAMBURG, Dec 27 (Reuters) - Major travel booking systems
lack a proper way to authenticate air travellers, making it easy
to hack the short code used on many boarding passes to alter
flight details or steal sensitive personal data, security
researchers warned on Tuesday.
Read more
lack a proper way to authenticate air travellers, making it easy
to hack the short code used on many boarding passes to alter
flight details or steal sensitive personal data, security
researchers warned on Tuesday.
Read more
BRIEF-Hitachi Ltd to sell power tools unit to Kohlberg Kravis Roberts in deal to exceed 150 billion yen - Nikkei
* Negotiations related to Hitachi Koki's sale to Kohlberg
Kravis Roberts are in the final stages - Nikkei
Read more
Kravis Roberts are in the final stages - Nikkei
Read more
Scarlett Johansson is 2016 top-grossing movie star
NEW YORK, Dec 27 (Reuters) - Scarlett Johansson was named
the top-grossing actor of 2016 on Tuesday thanks to her roles in
superhero movie "Captain America: Civil War" and Hollywood
satire "Hail Caesar."
Read more
the top-grossing actor of 2016 on Tuesday thanks to her roles in
superhero movie "Captain America: Civil War" and Hollywood
satire "Hail Caesar."
Read more
UPDATE 2-FDA places some Seattle Genetics drug trials on hold after 4 deaths
Dec 27 (Reuters) - Seattle Genetics Inc said four
people had died in trials testing its experimental cancer drug,
prompting the U.S. Food and Drug Administration to impose a
clinical hold on several early-stage studies.
Read more
people had died in trials testing its experimental cancer drug,
prompting the U.S. Food and Drug Administration to impose a
clinical hold on several early-stage studies.
Read more
Sanofi sues Novo Nordisk over diabetes drugs in the U.S.
PARIS/NEW YORK, Dec 27 (Reuters) - France's Sanofi
has filed a lawsuit in the United States accusing Novo Nordisk
of falsely claiming that Sanofi insulin drugs would
no longer be available for many U.S. patients so it could
promote its competing drug.
Read more
has filed a lawsuit in the United States accusing Novo Nordisk
of falsely claiming that Sanofi insulin drugs would
no longer be available for many U.S. patients so it could
promote its competing drug.
Read more
US STOCKS SNAPSHOT-Wall St opens higher as oil rises
Dec 27 (Reuters) - U.S. stocks opened slightly higher on
Tuesday as higher oil prices lifted energy stocks.
Read more
Tuesday as higher oil prices lifted energy stocks.
Read more
BRIEF-Pernix Therapeutics ceases discussions on possible restructuring of capital structure
* On Dec 26, 2016, co ceased discussions with noteholders on
possible consensual restructuring of co's capital structure
Read more
possible consensual restructuring of co's capital structure
Read more
GLOBAL MARKETS-Stocks inch higher in holiday lull
LONDON, Dec 27 (Reuters) - Share prices inched higher on
Tuesday as trading in some of the world's major financial
markets resumed after a Christmas break, with oil and the dollar
also rising marginally.
Read more
Tuesday as trading in some of the world's major financial
markets resumed after a Christmas break, with oil and the dollar
also rising marginally.
Read more
BRIEF-XL Group announces appointment of Abbe Goldstein as director of investor relations
* Xl group announces retirement of David Radulski and
appointment of Abbe Goldstein as director of investor relations
Source text for Eikon:
Further company coverage:
Read more
appointment of Abbe Goldstein as director of investor relations
Source text for Eikon:
Further company coverage:
Read more
Ex-divs to take 2.15 points off FTSE 100 on Dec. 29
LONDON, Dec 27 (Reuters) - The following FTSE 100 companies will go
ex-dividend on Thursday, after which investors will no longer qualify for the
latest dividend payout.
According to Reuters calculations at current market prices, the effect of
the resulting adjustment to prices by market-makers would take 2.15 points off
the index.
COMPANY (RIC) DIVIDEND STOCK OPTION IMPACT
(pence)
BT Group
Read more
ex-dividend on Thursday, after which investors will no longer qualify for the
latest dividend payout.
According to Reuters calculations at current market prices, the effect of
the resulting adjustment to prices by market-makers would take 2.15 points off
the index.
COMPANY (RIC) DIVIDEND STOCK OPTION IMPACT
(pence)
BT Group
Read more
BRIEF-Mentor Graphics received notice from FTC of early termination
* Mentor graphics-on Dec 22 received notice from ftc of
early termination, effective immediately for pending acquisition
of co by Siemens industry
Source text http://bit.ly/2imMBAk
Further company coverage:
Read more
early termination, effective immediately for pending acquisition
of co by Siemens industry
Source text http://bit.ly/2imMBAk
Further company coverage:
Read more
GLOBAL MARKETS-Stocks inch higher in holiday lull
LONDON, Dec 27 (Reuters) - European and Asian share prices
inched higher on Tuesday as trading in some of the world's major
financial markets resumed after a Christmas break, with oil and
the dollar also rising marginally.
Read more
inched higher on Tuesday as trading in some of the world's major
financial markets resumed after a Christmas break, with oil and
the dollar also rising marginally.
Read more
Three foreign banks eyeing Turkish market -bank regulator to state media
ANKARA, Dec 27 (Reuters) - Three foreign banks, including
one from the United States, are considering entering the Turkish
market, possibly as soon as next year, the head of the country's
banking watchdog was quoted as saying.
Read more
one from the United States, are considering entering the Turkish
market, possibly as soon as next year, the head of the country's
banking watchdog was quoted as saying.
Read more
Toshiba considering capital strategy after flagging potential big losses
TOKYO, Dec 27 (Reuters) - Toshiba Corp said on
Tuesday the conglomerate was considering to steps to raise
capital as it could not rule out that a huge charge to its U.S.
nuclear business might wipe out its shareholders' equity.
Read more
Tuesday the conglomerate was considering to steps to raise
capital as it could not rule out that a huge charge to its U.S.
nuclear business might wipe out its shareholders' equity.
Read more
Toshiba flags big impairment loss on U.S. nuclear business acquisition
TOKYO, Dec 27 (Reuters) - Toshiba Corp said on
Tuesday that it expects to book an impairment loss on the
acquisition of a U.S. nuclear power business by its Westinghouse
unit, a figure that could reach several billions of dollars.
Read more
Tuesday that it expects to book an impairment loss on the
acquisition of a U.S. nuclear power business by its Westinghouse
unit, a figure that could reach several billions of dollars.
Read more
Monday, December 26, 2016
Panasonic to hold briefing at 0830 GMT on solar cell business
TOKYO, Dec 27 (Reuters) - Panasonic Corp said on
Tuesday that it will hold a news briefing at 5:30 p.m. in Japan
(0830 GMT) on its solar cell business.
Read more
Tuesday that it will hold a news briefing at 5:30 p.m. in Japan
(0830 GMT) on its solar cell business.
Read more
Saudi's Sadara to start maintenance on mixed-feed cracker
DUBAI, Dec 27 (Reuters) - Saudi Arabia's Sadara Basic
Services, fully owned by Sadara Chemical Co , said
it would start on Wednesday planned maintenance of a mixed-feed
cracker at its parent company's petrochemical complex in Jubail.
Read more
Services, fully owned by Sadara Chemical Co , said
it would start on Wednesday planned maintenance of a mixed-feed
cracker at its parent company's petrochemical complex in Jubail.
Read more
Nikkei ends nearly flat in thin trade; Toshiba plummets
TOKYO, Dec 27 (Reuters) - Japanese stocks were nearly flat
on Tuesday in thin trade, while Toshiba Corp plummeted
nearly 12 percent after saying that it was considering booking a
goodwill impairment loss of several hundreds of billion yen.
Read more
on Tuesday in thin trade, while Toshiba Corp plummeted
nearly 12 percent after saying that it was considering booking a
goodwill impairment loss of several hundreds of billion yen.
Read more
Fund managers bullish on emerging markets, ratings agencies less keen
NEW YORK, Dec 27 (Reuters) - A number of global fund
managers say they are buying emerging market assets for 2017
after the beating the sector has taken since the U.S. election
in November, even though credit rating agencies have a less
positive outlook.
Read more
managers say they are buying emerging market assets for 2017
after the beating the sector has taken since the U.S. election
in November, even though credit rating agencies have a less
positive outlook.
Read more
Nikkei edges up in thin trade; Toshiba plummets
TOKYO, Dec 27 (Reuters) - Japan's Nikkei share average edged
up on Tuesday morning in thin trade while Toshiba Corp plummeted
on news that it was considering booking a goodwill impairment
loss of several hundreds of billion yen.
Read more
up on Tuesday morning in thin trade while Toshiba Corp plummeted
on news that it was considering booking a goodwill impairment
loss of several hundreds of billion yen.
Read more
UPDATE 1-Toshiba considers booking big loss on US nuclear power acquisition
* Follows $1.3 bln accounting scandal last year
(Recasts with updated figure of several hundreds of billion
yen)
Read more
(Recasts with updated figure of several hundreds of billion
yen)
Read more
EMERGING MARKETS-Mexican markets slip amid light trading on U.S. holiday
MEXICO CITY, Dec 26 (Reuters) - Mexico's peso and bourse
slipped on Monday, in a session marked by light trading thanks
to the U.S. Christmas holiday.
Read more
slipped on Monday, in a session marked by light trading thanks
to the U.S. Christmas holiday.
Read more
GLOBAL MARKETS-Asia stocks flat in muted session, dollar recovers some losses
SINGAPORE, Dec 27 (Reuters) - Asian stocks were little
changed on Tuesday, in thin trade and with little to guide them
as most major markets were closed on Monday for Christmas
holidays, while the dollar reclaimed some of its losses from
Monday.
Read more
changed on Tuesday, in thin trade and with little to guide them
as most major markets were closed on Monday for Christmas
holidays, while the dollar reclaimed some of its losses from
Monday.
Read more
RPT-Blindsided by SUV boom, Hyundai Motor trims costs, perks
SEOUL, Dec 26 (Reuters) - Headed for a fourth straight
annual profit decline, Hyundai Motor is trimming its
cost fat; scaling back on business class flights and annual
family home trips for overseas employees, executives told
Reuters.
Read more
annual profit decline, Hyundai Motor is trimming its
cost fat; scaling back on business class flights and annual
family home trips for overseas employees, executives told
Reuters.
Read more
Toshiba sees loss of about 100 bln yen on U.S. nuclear power acquisition - Nikkei
Dec 27 (Reuters) - Electronics giant Toshiba Corp
expects to report a one-off loss of about 100 billion yen ($850
million) on a U.S. nuclear power acquisition made by its
Westinghouse operation last year, the Nikkei business daily
reported.
Read more
expects to report a one-off loss of about 100 billion yen ($850
million) on a U.S. nuclear power acquisition made by its
Westinghouse operation last year, the Nikkei business daily
reported.
Read more
RPT-Power surge: Chinese electric car battery maker charges for global market
NINGDE, China, Dec 26 (Reuters) - A dusty village on the
outskirts of Ningde, a third-tier city in China's southeast,
seems an unlikely place for the headquarters of a potential
global leader in future automotive technology.
Read more
outskirts of Ningde, a third-tier city in China's southeast,
seems an unlikely place for the headquarters of a potential
global leader in future automotive technology.
Read more
Sony Music's Twitter hacked, fake Britney Spears death tweets sent
NEW YORK, Dec 26 (Reuters) - Sony Music Entertainment's
Twitter account was hacked on Monday, publishing fake statements
that pop music icon Britney Spears had died.
Read more
Twitter account was hacked on Monday, publishing fake statements
that pop music icon Britney Spears had died.
Read more
Russia's Rostec may sell 25 pct in Sukhoi Log JV to Polyus
MOSCOW, Dec 27 (Reuters) - Russian state conglomerate Rostec
would consider selling 25 percent in the joint venture created
to develop giant Sukhoi Log gold deposit with Russia's largest
gold producer Polyus to the partner in the JV,
Rostec's head Sergei Chemezov said.
Read more
would consider selling 25 percent in the joint venture created
to develop giant Sukhoi Log gold deposit with Russia's largest
gold producer Polyus to the partner in the JV,
Rostec's head Sergei Chemezov said.
Read more
BRIEF-Sony Music Entertainment says its Twitter account was compromised
* Says "Sony Music Entertainment's Twitter account was
compromised. This has been rectified."
Read more
compromised. This has been rectified."
Read more
BRIEF-Toshiba expected to report roughly 100 bln yen extraordinary loss on U.S. nuclear power operations - Nikkei
* Toshiba is expected to report a roughly 100 billion yen
($854 million) extraordinary loss on its U.S. nuclear power
operations - Nikkei
Read more
($854 million) extraordinary loss on its U.S. nuclear power
operations - Nikkei
Read more
BRIEF-Global Logistic Properties planning logistics facility in Japan - Nikkei
* Global Logistic Properties planning logistics facility in
Japan, to begin operating around 2022; investment is estimated
to cost around 130 billion yen - Nikkei
Source text (http://s.nikkei.com/2i02S0u)
Further company coverage:
Read more
Japan, to begin operating around 2022; investment is estimated
to cost around 130 billion yen - Nikkei
Source text (http://s.nikkei.com/2i02S0u)
Further company coverage:
Read more
Enterprise Holdings Inc buys 20 pct of Brazil's Unidas
SAO PAULO, Dec 26 (Reuters) - Enterprise Holdings Inc
has bought a 20 percent stake in Brazilian car rental
service Unidas SA, the Brazilian company said in a
securities filing on Monday.
Read more
has bought a 20 percent stake in Brazilian car rental
service Unidas SA, the Brazilian company said in a
securities filing on Monday.
Read more
China bank calls documents "fake" after bond default on Alibaba-linked platform
BEIJING, Dec 26 (Reuters) - The fate of a defaulted $45
million Chinese corporate bond sold through an Alibaba-backed
online wealth management platform was thrown into doubt on
Monday, after a bank said letters of guarantee for the bonds
were counterfeit.
Read more
million Chinese corporate bond sold through an Alibaba-backed
online wealth management platform was thrown into doubt on
Monday, after a bank said letters of guarantee for the bonds
were counterfeit.
Read more
Sunday, December 25, 2016
A&E network cancels 'Escaping the KKK' documentary over cash payments
LOS ANGELES, Dec 24 (Reuters) - The A&E cable television
network said on Saturday it has canceled an upcoming documentary
about efforts to help Ku Klux Klan members break away from the
hate group, after learning cash payments were made "to
facilitate access" to the film's subjects.
Read more
network said on Saturday it has canceled an upcoming documentary
about efforts to help Ku Klux Klan members break away from the
hate group, after learning cash payments were made "to
facilitate access" to the film's subjects.
Read more
Saturday, December 24, 2016
Platinum Partners arrests are scant consolation for alleged victims
NEW YORK, Dec 24 (Reuters) - When six executives of Platinum
Partners, including founder Mark Nordlicht, were arrested on
Monday on federal charges of running a more than $1 billion
hedge fund fraud, people who had long alleged they were harmed
by the New York-based firm felt some vindication.
Read more
Partners, including founder Mark Nordlicht, were arrested on
Monday on federal charges of running a more than $1 billion
hedge fund fraud, people who had long alleged they were harmed
by the New York-based firm felt some vindication.
Read more
Chinese firms face competition to maintain role in developing Iranian oilfields
DUBAI, Dec 24 (Reuters) - Iran plans to ask international
oil companies to bid for the second phase of development of its
Yadavaran and North Azadegan oilfields, a senior official said
on Saturday.
Read more
oil companies to bid for the second phase of development of its
Yadavaran and North Azadegan oilfields, a senior official said
on Saturday.
Read more
Friday, December 23, 2016
UPDATE 2-Lockheed CEO tells Trump she will work to drive down cost of F-35
Dec 23 (Reuters) - The chief executive of Lockheed Martin
Corp told President-elect Donald Trump on Friday that
she was committed to driving down the cost of the company's F-35
fighter jet, a day after Trump took aim at the cost of the F-35
in a Twitter post.
Read more
Corp told President-elect Donald Trump on Friday that
she was committed to driving down the cost of the company's F-35
fighter jet, a day after Trump took aim at the cost of the F-35
in a Twitter post.
Read more
UPDATE 4-Actress Carrie Fisher suffers medical emergency on London-to-L.A. flight
LOS ANGELES, Dec 23 (Reuters) - Hollywood actress and writer
Carrie Fisher, best known for her role as Princess Leia in the
"Star Wars" movies, suffered a cardiac episode on Friday during
a flight from London to Los Angeles, where she was rushed to a
hospital after landing.
Read more
Carrie Fisher, best known for her role as Princess Leia in the
"Star Wars" movies, suffered a cardiac episode on Friday during
a flight from London to Los Angeles, where she was rushed to a
hospital after landing.
Read more
BRIEF-Hawaiian Electric Companies submit updated energy plans
* Hawaiian Electric Industries - Outlined plan that will
lead to use of renewable resources to meet 100 percent of
Hawai'i's power generation needs by 2045
Source text for Eikon:
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lead to use of renewable resources to meet 100 percent of
Hawai'i's power generation needs by 2045
Source text for Eikon:
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Halliburton shareholder class action to settle for $100 million
Dec 23 (Reuters) - Halliburton Co on Friday said it
had reached a $100 million settlement to resolve a long-running
shareholder class action lawsuit against the oilfield services
provider that twice reached the U.S. Supreme Court.
Read more
had reached a $100 million settlement to resolve a long-running
shareholder class action lawsuit against the oilfield services
provider that twice reached the U.S. Supreme Court.
Read more
Lockheed Martin CEO commits to driving down F-35 fighter's costs
Dec 23 (Reuters) - Lockheed Martin Corp said its
Chief Executive Marillyn Hewson gave U.S. President-elect Donald
Trump a personal commitment to bring down the price of its F-35
fighter jet, after he heaped pressure on the aerospace company
over the cost.
Read more
Chief Executive Marillyn Hewson gave U.S. President-elect Donald
Trump a personal commitment to bring down the price of its F-35
fighter jet, after he heaped pressure on the aerospace company
over the cost.
Read more
BRIEF-Lockheed Martin CEO speaks with Trump; gives "personal commitment" to drive down F-35 program cost - CNBC
* Lockheed Martin CEO speaks with Trump, says she "gave him
my personal commitment" to drive down F-35 program cost
"aggressively" - CNBC
Read more
my personal commitment" to drive down F-35 program cost
"aggressively" - CNBC
Read more
UPDATE 1-Peabody Energy reorganization plan lacks mine cleanup coverage details
CHICAGO, Dec 23 (Reuters) - Peabody Energy Corp
failed to explain how it will cover future mine cleanup costs in
a reorganization plan filed late Thursday, triggering concerns
over the company's use of "self-bonds."
Read more
failed to explain how it will cover future mine cleanup costs in
a reorganization plan filed late Thursday, triggering concerns
over the company's use of "self-bonds."
Read more
BRIEF-MCBC holdings inc appoints TJ Chung to board of directors
* MCBC Holdings Inc appoints TJ Chung to board of directors
Source text for Eikon:
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Source text for Eikon:
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BRIEF-RA Capital Management reports 6.8 pct passive stake in Avexis
* RA Capital Management Reports 6.8 pct passive stake in
Avexis Inc as of Dec. 14
Source text:(http://bit.ly/2hh1iqe)
Further company coverage:
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Avexis Inc as of Dec. 14
Source text:(http://bit.ly/2hh1iqe)
Further company coverage:
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BRIEF-Jericho Oil says raises $1.46 mln in private placement
* Jericho Oil Corp- Raised an additional C$1.46 million by
way of non-brokered private placement of 3.7 million units at
price of $0.40 per unit
Read more
way of non-brokered private placement of 3.7 million units at
price of $0.40 per unit
Read more
BRIEF-Parexel International enters into short term unsecured revolving credit facility on Dec 23- SEC filing
* On December 23, 2016, Co entered into short term unsecured
revolving credit facility- SEC filing
Read more
revolving credit facility- SEC filing
Read more
BRIEF-Gea technologies signed LOI to purchase all of shares of Intelliconn Communication Solutions
* Signed a letter of intent to purchase all of shares of
Intelliconn Communication Solutions Inc of Saskatoon
Read more
Intelliconn Communication Solutions Inc of Saskatoon
Read more
Orascom aims at two out of nine seats of Brazil's Oi
SAO PAULO, Dec 23 (Reuters) - Orascom TMT Investments SARL
will have two out of nine seats on the board of Brazilian
telephone carrier Oi SA if its binding offer to buy
the company is successful, Karim Nasr, a representative of
Orascom, told Reuters in a Friday interview.
Read more
will have two out of nine seats on the board of Brazilian
telephone carrier Oi SA if its binding offer to buy
the company is successful, Karim Nasr, a representative of
Orascom, told Reuters in a Friday interview.
Read more
U.S. drillers add oil rigs for 8th week in a row -Baker Hughes
Dec 23 (Reuters) - U.S. energy companies added oil rigs for
an eighth week in a row, extending a seven-month drilling
recovery as crude prices remained near a 17-month high.
Drillers added 13 oil rigs in the week to Dec. 23, bringing
the total count up to 523, the most since December 2015, but
still below the 538 rigs seen a year ago, energy services firm
Baker Hughes Inc said on Friday.
Since crude prices recovered from 13-year lows in February
to around $50 a bar
Read more
an eighth week in a row, extending a seven-month drilling
recovery as crude prices remained near a 17-month high.
Drillers added 13 oil rigs in the week to Dec. 23, bringing
the total count up to 523, the most since December 2015, but
still below the 538 rigs seen a year ago, energy services firm
Baker Hughes Inc said on Friday.
Since crude prices recovered from 13-year lows in February
to around $50 a bar
Read more
BRIEF-ABM Industries says California Supreme Court rendered decision in the Augustus case-SEC filing
* On Dec. 22, 2016, California Supreme Court rendered
decision in consolidated cases of Augustus, Hall and Davis v.
American Commercial Security Services
Read more
decision in consolidated cases of Augustus, Hall and Davis v.
American Commercial Security Services
Read more
UPDATE 2-Cardinal settles with U.S. over painkiller shipments to pharmacies
NEW YORK, Dec 23 (Reuters) - A drug distributor owned by
Cardinal Health Inc has agreed to pay $10 million to
resolve claims it failed to alert the U.S. Drug Enforcement
Administration to suspiciously large orders of addictive
painkillers by New York-area pharmacies.
Read more
Cardinal Health Inc has agreed to pay $10 million to
resolve claims it failed to alert the U.S. Drug Enforcement
Administration to suspiciously large orders of addictive
painkillers by New York-area pharmacies.
Read more
Lockheed shares sink further on Trump's F-35 threat
Dec 23 (Reuters) - Lockheed Martin Corp led defense
stocks lower on Friday after U.S. President-elect Donald Trump's
latest Twitter salvo over the cost of the company's F-35 fighter
jet, in which he said he had asked rival Boeing Co to
"price-out" an older aircraft as an alternative.
Read more
stocks lower on Friday after U.S. President-elect Donald Trump's
latest Twitter salvo over the cost of the company's F-35 fighter
jet, in which he said he had asked rival Boeing Co to
"price-out" an older aircraft as an alternative.
Read more
US STOCKS SNAPSHOT-Wall St opens little changed in light trading
Dec 23 (Reuters) - U.S. stocks opened little changed in what
appeared to be a quiet session on Friday as investors geared up
for the Christmas holiday.
Read more
appeared to be a quiet session on Friday as investors geared up
for the Christmas holiday.
Read more
CANADA STOCKS-TSX rises for 7th straight day as materials gain
TORONTO, Dec 23 (Reuters) - Canada's main stock index edged
higher for the seventh straight session on Friday as gains for
the materials group offset a decline in financials.
Read more
higher for the seventh straight session on Friday as gains for
the materials group offset a decline in financials.
Read more
BRIEF-eMagin entered into $5 mln revolving credit working capital facility on Dec. 21
* On December 21, 2016, company entered into a $5 million
revolving credit working capital facility
Read more
revolving credit working capital facility
Read more
BRIEF-Strongbridge Biopharma announces $35 mln equity financing
* Additional participation from Broadfin capital, boxer
capital of Tavistock Group and Healthcap
Read more
capital of Tavistock Group and Healthcap
Read more
BRIEF-BioAmber enters into a non-assertion agreement with Mitsubishi Chemical Corporation
* Agreed to pay MCC an upfront fee of $1.1 million, with
$600,000 payable on December 31, 2016 and $500,000 payable on
March 31, 2017
Read more
$600,000 payable on December 31, 2016 and $500,000 payable on
March 31, 2017
Read more
BRIEF-C R Bard's board amends company's By-Laws to implement proxy access
* On Dec 22 board amended co's by-laws to implement proxy
access-SEC filing
Source text: [http://bit.ly/2h8H2np]
Further company coverage:
Read more
access-SEC filing
Source text: [http://bit.ly/2h8H2np]
Further company coverage:
Read more
Deutsche rises on U.S. mortgage fraud deal, buoying European shares
LONDON, Dec 23 (Reuters) - European shares edged up on
Friday, buoyed by the banking sector after Deutsche Bank
and Credit Suisse settled mortgage
securities fraud suits with the United States, and as Italy's
Monte dei Paschi agreed to a bailout.
Read more
Friday, buoyed by the banking sector after Deutsche Bank
and Credit Suisse settled mortgage
securities fraud suits with the United States, and as Italy's
Monte dei Paschi agreed to a bailout.
Read more
UPDATE 1-China fines GM venture $29 mln for monopolistic pricing - state TV
BEIJING, Dec 23 (Reuters) - China will fine U.S. automaker
General Motors Co's joint venture 201 million yuan ($29
million) for monopolistic pricing, state television reported on
Friday, ending speculation after an official forewarned of
penalties against a U.S. automaker.
Read more
General Motors Co's joint venture 201 million yuan ($29
million) for monopolistic pricing, state television reported on
Friday, ending speculation after an official forewarned of
penalties against a U.S. automaker.
Read more
German govt welcomes Deutsche Bank settlement
BERLIN, Dec 23 (Reuters) - The German government has
welcomed Deutsche Bank's $7.2 billion settlement with
the U.S. authorities over the lender's sale and pooling of toxic
mortgage securities, a Finance Ministry spokeswoman said on
Friday.
Read more
welcomed Deutsche Bank's $7.2 billion settlement with
the U.S. authorities over the lender's sale and pooling of toxic
mortgage securities, a Finance Ministry spokeswoman said on
Friday.
Read more
UPDATE 1-Baidu says reports of IPO for video-streaming site iQiyi.com are inaccurate
BEIJING, Dec 23 (Reuters) - Chinese internet giant Baidu Inc
said on Friday that reports it is currently pushing for
an initial public offering for its video-streaming site
iQiyi.com are inaccurate.
Read more
said on Friday that reports it is currently pushing for
an initial public offering for its video-streaming site
iQiyi.com are inaccurate.
Read more
BRIEF-Pfizer completes acquisition of small molecule anti-infective business from AstraZeneca
* Says completed acquisition of development rights to
Astrazeneca's late-stage anti-infective business, primarily
outside united states
Read more
Astrazeneca's late-stage anti-infective business, primarily
outside united states
Read more
BRIEF-Hemostemix announces reorganization
* Says execution of a management contractor agreement with
Drive Capital Inc dated December 16
Read more
Drive Capital Inc dated December 16
Read more
Thursday, December 22, 2016
BRIEF-Kongsberg signs orders with the U.S. Army are for delivery of CROWS
* Signs orders with U.S. Army for delivery of low profile CROWS (Common Remotely Operated
Weapon Station)configuration for M1A2 Abrams Main Battle Tank
Read more
Weapon Station)configuration for M1A2 Abrams Main Battle Tank
Read more
UPDATE 1-UK Stocks-Factors to watch on Dec. 23
Dec 23 (Reuters) - Britain's FTSE 100 futures were up 0.1 percent on
Friday ahead of the cash market open.
Read more
Friday ahead of the cash market open.
Read more
PRESS DIGEST- New York Times business news - Dec 23
Dec 23 (Reuters) - The following are the top stories on the
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
PRESS DIGEST - Wall Street Journal - Dec 23
Dec 23 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
UPDATE 2-Passenger removed from flight after confrontation with Ivanka Trump
NEW YORK, Dec 22 (Reuters) - A JetBlue airline passenger,
who media outlets and a witness described as making angry
remarks at the sight of Ivanka Trump on his flight, was removed
from the plane on Thursday by the airline.
Read more
who media outlets and a witness described as making angry
remarks at the sight of Ivanka Trump on his flight, was removed
from the plane on Thursday by the airline.
Read more
GLOBAL MARKETS-Asia stocks pressured by Wall Street, dollar holds below 14-yr peak
SINGAPORE, Dec 23 (Reuters) - Asian stocks stepped back in
subdued trade on Friday as Wall Street took a breather from its
relentless rise since the U.S. election, while the dollar
hovered below the 14-year high set earlier this week.
Read more
subdued trade on Friday as Wall Street took a breather from its
relentless rise since the U.S. election, while the dollar
hovered below the 14-year high set earlier this week.
Read more
UPDATE 2-Australia's Tatts rejects KKR-backed bid in favour of Tabcorp's
* Wagering business value not realistic - Tatts
(Adds shareholder and Pacific Consortium reaction)
Read more
(Adds shareholder and Pacific Consortium reaction)
Read more
UPDATE 1-Deutsche Bank reaches $7.2 bln settlement with DoJ on mortgages case
Dec 23 (Reuters) - Deutsche Bank said it would
pay $7.2 billion to the U.S. Department of Justice, related to
its issuance and underwriting of residential mortgage-backed
securities (RMBS) and other activities during 2005 to 2007.
Read more
pay $7.2 billion to the U.S. Department of Justice, related to
its issuance and underwriting of residential mortgage-backed
securities (RMBS) and other activities during 2005 to 2007.
Read more
BRIEF-BFK Capital, THC enter into business combination agreement
* BFK Capital Corp and The Hydropothecary Corporation enter
into business combination agreement
Read more
into business combination agreement
Read more
Italian govt approves decree to rescue Monte dei Paschi
ROME, Dec 23 (Reuters) - The Italian government approved a
decree early on Friday that will open the way for the rescue of
Monte dei Paschi di Siena after the world's oldest
bank failed to win backing from investors for a vital capital
increase.
Read more
decree early on Friday that will open the way for the rescue of
Monte dei Paschi di Siena after the world's oldest
bank failed to win backing from investors for a vital capital
increase.
Read more
CORRECTED-Oi bondholders may get warrants in Sawiris-backed plan
SAO PAULO, Dec 22 (Reuters) - Creditors and Egyptian
billionaire Naguib Sawiris have proposed issuing warrants as
part of an alternative restructuring plan for Brazilian phone
carrier Oi SA, a move that would give certain
bondholders better returns on investment.
Read more
billionaire Naguib Sawiris have proposed issuing warrants as
part of an alternative restructuring plan for Brazilian phone
carrier Oi SA, a move that would give certain
bondholders better returns on investment.
Read more
BRIEF-Alj Regional Holdings Q4 earnings per share $0.24
* ALJ Regional Holdings Inc. announces earnings for the
fourth quarter and fiscal year ended september 30, 2016
Read more
fourth quarter and fiscal year ended september 30, 2016
Read more
BRIEF-Aramark CEO Eric Foss 2016 total compensation $17.1 mln vs $21.1 mln in 2015
* CEO Eric Foss 2016 total compensation $17.1 million versus
$21.1 million in 2015
Source text: (http://bit.ly/2hZYMpB)
Further company coverage:
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$21.1 million in 2015
Source text: (http://bit.ly/2hZYMpB)
Further company coverage:
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BRIEF-Mercury Systems gets $10.8m order from US Navy for DRFM jammers
* Mercury Systems Inc - order was received in company's
fiscal 2017 Q2 and is expected to be shipped over next several
quarters
Read more
fiscal 2017 Q2 and is expected to be shipped over next several
quarters
Read more
EPA denies automakers' request for more time on fuel economy review
DETROIT, Dec 22 (Reuters) - The U.S. Environmental
Protection Agency on Thursday told an automaker lobbyist group
that it will not extend the deadline for a review of strict fuel
economy standards through the 2025 vehicle model year,
indicating the agency will push ahead with a plan to make the
rules final before the Obama administration leaves office Jan.
20.
Read more
Protection Agency on Thursday told an automaker lobbyist group
that it will not extend the deadline for a review of strict fuel
economy standards through the 2025 vehicle model year,
indicating the agency will push ahead with a plan to make the
rules final before the Obama administration leaves office Jan.
20.
Read more
UPDATE 2-Volkswagen reaches deal with 80,000 U.S. 3.0-liter vehicle owners
WASHINGTON, Dec 22 (Reuters) - A federal judge said on
Thursday that Volkswagen AG has reached an agreement
in principle to provide "substantial compensation" to the owners
of about 80,000 3.0-liter polluting diesel vehicles, a key
hurdle to resolve the German automaker's emissions scandal.
Read more
Thursday that Volkswagen AG has reached an agreement
in principle to provide "substantial compensation" to the owners
of about 80,000 3.0-liter polluting diesel vehicles, a key
hurdle to resolve the German automaker's emissions scandal.
Read more
BRIEF-Cytrx Corp says files for mixed shelf offering of up to $200 mln- SEC filing
* Cytrx Corp says files for mixed shelf offering of up to
$200 million - SEC filing
Source text: (http://bit.ly/2hdZRJ7)
Further company coverage:
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$200 million - SEC filing
Source text: (http://bit.ly/2hdZRJ7)
Further company coverage:
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BRIEF-Wajax Corp Says Darren Yaworsky appointed CFO
* Wajax Corp says Yaworsky succeeds John Hamilton as CFO
Source text for Eikon:
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Source text for Eikon:
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BRIEF-Vifor Pharma & Chemocentryx expands alliance to include CCX140 to treat renal diseases
* Vifor Pharma and Chemocentryx announce expansion of kidney
health alliance to include CCX140 to treat renal diseases
Read more
health alliance to include CCX140 to treat renal diseases
Read more
BRIEF-Homeland Energy Group approved plan to expand co's ethanol production facility
* Homeland Energy Group Ltd says plans to increase capacity
by approximately 35 million gallons of ethanol per year and add
additional grain storage capacity
Read more
by approximately 35 million gallons of ethanol per year and add
additional grain storage capacity
Read more
Teva to pay US government $519 mln over foreign bribery charges
Dec 22 (Reuters) - Israel's Teva Pharmaceutical Industries
Ltd , said on Thursday it had agreed to pay
$519 million to resolve charges related to the U.S. Foreign
Corrupt Practices Act.
Read more
Ltd , said on Thursday it had agreed to pay
$519 million to resolve charges related to the U.S. Foreign
Corrupt Practices Act.
Read more
BRIEF-Keppel Corp says Keppel Land to jointly develop landed homes with PT Metropolitan Land Tbk
* Keppel Land to jointly develop landed homes with PT
Metropolitan Land Tbk in Greater Jakarta
Source text for Eikon:
Further company coverage:
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Metropolitan Land Tbk in Greater Jakarta
Source text for Eikon:
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BRIEF-G4G Capital Corp exercises option to acquire 100 pct of 21 properties located in White Gold District
* G4G Capital Corp - has exercised option to acquire 100% of
21 properties, comprising approximately 12,301 quartz claims
located in white gold district
Source text for Eikon:
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21 properties, comprising approximately 12,301 quartz claims
located in white gold district
Source text for Eikon:
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BRIEF-Investar Holding files for mixed shelf of up to $50 mln - SEC Filing
* Files for mixed shelf of up to $50.0 million - SEC Filing
Source text for Eikon: (http://bit.ly/2ietko3)
Further company coverage:
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Source text for Eikon: (http://bit.ly/2ietko3)
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BRIEF-Xoma Corp says entered into two royalty interest acquisition agreements with Healthcare Royalty Partners II
* Xoma corp - under first acquisition agreement,co, unit
sold rights for license dated aug 18,2005 for a payment of $6.5
million upfront
Read more
sold rights for license dated aug 18,2005 for a payment of $6.5
million upfront
Read more
Brazil's Gol sees EBIT margin of 5-7 pct in 2017 as cuts flights
SAO PAULO, Dec 22 (Reuters) - Brazil's airline Gol Linhas
Aereas Inteligentes SA expects an EBIT margin of
between 5 and 7 percent in 2017, the company said in a
securities filing on Thursday.
Read more
Aereas Inteligentes SA expects an EBIT margin of
between 5 and 7 percent in 2017, the company said in a
securities filing on Thursday.
Read more
UPDATE 1-U.S. returns China's Taobao shopping website to market blacklist
WASHINGTON, Dec 21 (Reuters) - The United States on
Wednesday returned Taobao, China's most popular
consumer-to-consumer shopping website, to its blacklist of
"notorious marketplaces" known for the sale of counterfeit goods
and violations of intellectual property rights.
Read more
Wednesday returned Taobao, China's most popular
consumer-to-consumer shopping website, to its blacklist of
"notorious marketplaces" known for the sale of counterfeit goods
and violations of intellectual property rights.
Read more
Uber launches first electric car fleet in Madrid
MADRID, Dec 22 (Reuters) - Ride-hailing service Uber
Technologies launched in Madrid on Thursday its first
fleet of electric cars.
Read more
Technologies launched in Madrid on Thursday its first
fleet of electric cars.
Read more
BRIEF-Ontex confirms talks over possible acquisition of Hypermarcas in Brazil
* Ontex confirms discussions regarding possible acquisition of the personal hygiene business
of Hypermarcas, in Brazil
Read more
of Hypermarcas, in Brazil
Read more
Wednesday, December 21, 2016
BRIEF-Tetragon fully diluted fair value NAV/per share at Nov. 30: $19.74
* Fully diluted fair value net asset value per share: $19.74 as of november 30
Source text for Eikon:
Further company coverage:
(Gdynia Newsroom)
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Source text for Eikon:
Further company coverage:
(Gdynia Newsroom)
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BRIEF-Harvest Natural Resources announces agreement to sell interests in Gabon
* Says BW Energy Gabon will pay HNR Energia $32 million in
cash for interest, subject to certain adjustments.
Read more
cash for interest, subject to certain adjustments.
Read more
BRIEF-Logan Property proposes to conduct international offering of U.S. Dollar denominated notes
* Intends to use net proceeds of proposed notes issue for
refinancing its existing indebtedness
Read more
refinancing its existing indebtedness
Read more
GLOBAL MARKETS-Asian shares slip in holiday-thinned trade, focus turns to US data
TOKYO, Dec 22 (Reuters) - Asian shares struggled on Thursday
after a lacklustre performance on Wall Street, with investors
looking to U.S. economic data later in the day for potential
catalysts even as markets started winding down ahead of the
holidays.
Read more
after a lacklustre performance on Wall Street, with investors
looking to U.S. economic data later in the day for potential
catalysts even as markets started winding down ahead of the
holidays.
Read more
Malaysia Airlines flight from London returns to Heathrow after technical issue
KUALA LUMPUR, Dec 22 (Reuters) - A Malaysia Airlines flight
from London to Kuala Lumpur returned to Heathrow just hours
after departure after it experienced a technical defect on one
of its doors.
Read more
from London to Kuala Lumpur returned to Heathrow just hours
after departure after it experienced a technical defect on one
of its doors.
Read more
UPDATE 1-Uber removes its self-driving cars from San Francisco roads
SAN FRANCISCO, Dec 21 (Reuters) - Uber Technologies Inc
has removed its self-driving cars from San Francisco
streets after California regulators cracked down on the week-old
program because the company had not obtained a permit to test
the vehicles.
Read more
has removed its self-driving cars from San Francisco
streets after California regulators cracked down on the week-old
program because the company had not obtained a permit to test
the vehicles.
Read more
UPDATE 1-Brazil's Hypermarcas to sell diaper unit to Ontex, source says
SAO PAULO, Dec 22 (Reuters) - Hypermarcas SA,
Brazil's most diversified pharmaceutical firm, has agreed to
sell a diaper business to Belgium's Ontex Group NV
for about 1 billion reais ($300 million) in cash, a person with
knowledge of the transaction said on Wednesday.
Read more
Brazil's most diversified pharmaceutical firm, has agreed to
sell a diaper business to Belgium's Ontex Group NV
for about 1 billion reais ($300 million) in cash, a person with
knowledge of the transaction said on Wednesday.
Read more
PRESS DIGEST- Financial Times - Dec 22
Dec 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
Uber has removed its self-driving cars from San Francisco roads
SAN FRANCISCO, Dec 21 (Reuters) - Uber Technologies Inc.
has removed its self-driving cars from San Francisco
streets after California regulators cracked down on the program
because the company had not obtained a permit to test autonomous
vehicles.
Read more
has removed its self-driving cars from San Francisco
streets after California regulators cracked down on the program
because the company had not obtained a permit to test autonomous
vehicles.
Read more
UPDATE 2-Icahn tapped as Trump's special adviser on regulatory issues
Dec 21 (Reuters) - Billionaire Carl Icahn will advise Donald
Trump on rescinding what the activist investor called "excessive
regulation" on U.S. businesses, the president-elect's transition
team announced on Wednesday.
Read more
Trump on rescinding what the activist investor called "excessive
regulation" on U.S. businesses, the president-elect's transition
team announced on Wednesday.
Read more
Multi-manager hedge funds lost cash, cachet in 2016
BOSTON, Dec 21 (Reuters) - Team-based hedge funds lost
billions in cash and some of their cachet this year, creating an
uncertain future for a strategy that had long been an industry
darling.
Read more
billions in cash and some of their cachet this year, creating an
uncertain future for a strategy that had long been an industry
darling.
Read more
UPDATE 1-Petrobras to sell Total $2.2 bln worth of assets, including oilfields
RIO DE JANEIRO, Dec 21 (Reuters) - Petroleo Brasileiro SA
said on Wednesday it will sell $2.2 billion worth of
assets to France's Total SA, including stakes in oilfields and
two thermal power stations.
Read more
said on Wednesday it will sell $2.2 billion worth of
assets to France's Total SA, including stakes in oilfields and
two thermal power stations.
Read more
BRIEF-AAR reports Q2 earnings per share $0.26
* AAR Corp says net debt at Nov. 30, 2016 was $140.3
million compared to $143.7 million at Aug. 31, 2016
Read more
million compared to $143.7 million at Aug. 31, 2016
Read more
BRIEF-Hyundai Motors America has fired its chief executive, Dave Zuchowski - CNBC
* Hyundai Motors America has fired its chief executive, Dave Zuchowski - CNBC
(Bengaluru Newsroom)
Read more
(Bengaluru Newsroom)
Read more
Hyundai's top U.S. executive resigns
WASHINGTON, Dec 21 (Reuters) - Hyundai Motor Co's
top U.S. executive Dave Zuchowski has resigned
effective immediately and has been replaced on an interim basis
by the company's general counsel, a company spokesman said
Wednesday.
Read more
top U.S. executive Dave Zuchowski has resigned
effective immediately and has been replaced on an interim basis
by the company's general counsel, a company spokesman said
Wednesday.
Read more
BRIEF-Peabody Energy says bankruptcy court approved stipulation relating to amendment to DIP final order - SEC filing
* Peabody Energy Corp- On December 21, bankruptcy court
approved a stipulation filed by company relating to an amendment
to DIP final order - SEC filing
Read more
approved a stipulation filed by company relating to an amendment
to DIP final order - SEC filing
Read more
UPDATE 1-Odebrecht in talks to sell Peru pipeline to Brookfield -finmin
LIMA, Dec 21 (Reuters) - Brazilian construction conglomerate
Odebrecht SA is in advanced talks on selling its
majority stake in a $5 billion natural gas pipeline project in
Peru to Canada's Brookfield Asset Management Inc,
Peru's finance minister said in a televised interview.
Read more
Odebrecht SA is in advanced talks on selling its
majority stake in a $5 billion natural gas pipeline project in
Peru to Canada's Brookfield Asset Management Inc,
Peru's finance minister said in a televised interview.
Read more
BRIEF-Kaizen Discovery to stop exploration at the Aspen Grove Copper-Gold Project
* Kaizen discovery-aspen grove joint venture does not intend
to continue with exploration at aspen grove copper-gold project
in british columbia, canada
Read more
to continue with exploration at aspen grove copper-gold project
in british columbia, canada
Read more
EU reprimands ex-commissioner Kroes, recoups cash
BRUSSELS, Dec 21 (Reuters) - The EU executive reprimanded
ex-commissioner Neelie Kroes on Wednesday for not declaring
income that would effectively have reduced her pension, but
stopped short of legal action after quickly recouping the money.
Read more
ex-commissioner Neelie Kroes on Wednesday for not declaring
income that would effectively have reduced her pension, but
stopped short of legal action after quickly recouping the money.
Read more
BRIEF-Nordic American Tanker expects Q4 2016 cash results to be about $20,000 per ship per day
* Q4 2016 cash results are expected to be about $20,000
(time charter equivalent) per ship per day
Source text for Eikon:
Further company coverage:
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(time charter equivalent) per ship per day
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Solitario announces changes to its board
* Solitario announces changes to its board of directors and
the extension of its stock repurchase program to December 31,
2017
Source text for Eikon:
Further company coverage:
Read more
the extension of its stock repurchase program to December 31,
2017
Source text for Eikon:
Further company coverage:
Read more
BRIEF-STT Enviro Corp signs MoU to create JV with a leading producer of lime
* STT Enviro Corp - MoU establishes that each party would
own 50 pct of equity in joint venture and be equally represented
on board
Read more
own 50 pct of equity in joint venture and be equally represented
on board
Read more
BRIEF-Merrimack stops Phase 2 Hermione trial of MM-302 in Her2-positive metastatic breast cancer patients
* Merrimack Pharmaceuticals Inc says now plans to provide
results of ongoing strategic pipeline review in January
Read more
results of ongoing strategic pipeline review in January
Read more
BRIEF-Benchmark Electronics says deal with Engaged Capital where Engaged Capital to have right to request board to identify independent director to be added to board
* Benchmark Electronics says deal with Engaged Capital where
Engaged Capital to have right to request board to identify
independent director to be added to board
Read more
Engaged Capital to have right to request board to identify
independent director to be added to board
Read more
UPDATE 1-Union calls new strikes at Amazon's German warehouses
BERLIN, Dec 21 (Reuters) - Workers at German warehouses of
U.S. online retailer Amazon.com Inc were called out on
strike by labour union Verdi on Wednesday as part of a
long-running dispute over pay and conditions.
Read more
U.S. online retailer Amazon.com Inc were called out on
strike by labour union Verdi on Wednesday as part of a
long-running dispute over pay and conditions.
Read more
BRIEF-BASF says Engenia herbicide approved for use in the USA
* Product will be available for use on dicamba-tolerant
soybean and cotton crops for the 2017 season in North America
Source text - http://on.basf.com/2hZDGVv
Further company coverage:
(Gdynia Newsroom)
Read more
soybean and cotton crops for the 2017 season in North America
Source text - http://on.basf.com/2hZDGVv
Further company coverage:
(Gdynia Newsroom)
Read more
CORRECTED-Coca Cola buys African bottling from AB InBev for $3.15 bln
BRUSSELS, Dec 21 (Reuters) - Anheuser-Busch InBev
has agreed to sell its majority stake in Africa's largest Coke
bottler to the Coca Cola Company for $3.15 billion, the
final planned divestment following its purchase of rival brewer
SABMiller.
Read more
has agreed to sell its majority stake in Africa's largest Coke
bottler to the Coca Cola Company for $3.15 billion, the
final planned divestment following its purchase of rival brewer
SABMiller.
Read more
Ono warns on profit after govt halves price of cancer drug Opdivo
TOKYO, Dec 21 (Reuters) - Ono Pharmaceutical Co cut
its annual profit outlook by a quarter on Wednesday, hit by the
Japanese government's decision to halve the price of cancer drug
Opdivo that it co-developed with Bristol Myers Squibb Co
.
Read more
its annual profit outlook by a quarter on Wednesday, hit by the
Japanese government's decision to halve the price of cancer drug
Opdivo that it co-developed with Bristol Myers Squibb Co
.
Read more
UPDATE 3-UK Stocks-Factors to watch on Dec 21
Dec 21 (Reuters) - Britain's FTSE 100 index is seen opening lower 12
points at 7,032 on Wednesday, according to financial bookmakers, with futures
down 0.13 percent ahead of the cash market open.
Read more
points at 7,032 on Wednesday, according to financial bookmakers, with futures
down 0.13 percent ahead of the cash market open.
Read more
UPDATE 1-Swiss watchdog fines banks almost $100 mln over rate cartels
ZURICH, Dec 21 (Reuters) - The Swiss Competition Commission
(COMCO) fined several European and U.S. banks almost 100 million
Swiss francs ($97.3 million) over interest rate cartels, the
latest punishment dished out in connection with rate-rigging
scandals.
Read more
(COMCO) fined several European and U.S. banks almost 100 million
Swiss francs ($97.3 million) over interest rate cartels, the
latest punishment dished out in connection with rate-rigging
scandals.
Read more
Tuesday, December 20, 2016
UK Stocks-Factors to watch on Dec 21
Dec 21 (Reuters) - Britain's FTSE 100 index is seen opening down 12
points at 7,032 on Wednesday, according to financial bookmakers.
Read more
points at 7,032 on Wednesday, according to financial bookmakers.
Read more
Nikkei edges up to one-year highs, tracking U.S. gains
TOKYO, Dec 21 (Reuters) - Japan's Nikkei share average edged
up to a one-year peak on Wednesday in thin trading ahead of the
holidays, tracking U.S. shares higher on expectations that U.S.
President-elect Donald Trump's policies will stoke growth and
inflation.
Read more
up to a one-year peak on Wednesday in thin trading ahead of the
holidays, tracking U.S. shares higher on expectations that U.S.
President-elect Donald Trump's policies will stoke growth and
inflation.
Read more
U.S. executions hit 25-year low as capital punishment wanes-study
AUSTIN, Texas, Dec 21 (Reuters) - The number of U.S.
executions fell to a quarter-century low in 2016 as new death
sentences plummeted, indicating capital punishment is on the
decline, a study released on Wednesday showed.
Read more
executions fell to a quarter-century low in 2016 as new death
sentences plummeted, indicating capital punishment is on the
decline, a study released on Wednesday showed.
Read more
Alcoa says Australia aluminium smelter running at 30 pct capacity
SYDNEY, Dec 21 (Reuters) - Australia's
300,000-tonnes-per-year Portland aluminium smelter is operating
at below a third of its capacity after power to the plant was
temporarily knocked out three weeks ago, operator Alcoa Corp
said on Wednesday.
Read more
300,000-tonnes-per-year Portland aluminium smelter is operating
at below a third of its capacity after power to the plant was
temporarily knocked out three weeks ago, operator Alcoa Corp
said on Wednesday.
Read more
Unions at Colombia's Fenoco coal railway agree salary, avoid strike
BOGOTA, Dec 20 (Reuters) - Two unions representing workers
at Colombia's principal coal railway Fenoco have reached a new
salary deal with the company, Fenoco said late on Tuesday,
avoiding a strike which could have stymied coal exports.
Read more
at Colombia's principal coal railway Fenoco have reached a new
salary deal with the company, Fenoco said late on Tuesday,
avoiding a strike which could have stymied coal exports.
Read more
BRIEF-Madalena Energy sells Point Loma debenture
* Sold its C$3 million convertible debenture of Point Loma
Resources Ltd for cash proceeds of C$700,000
Source text for Eikon:
Further company coverage:
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Resources Ltd for cash proceeds of C$700,000
Source text for Eikon:
Further company coverage:
Read more
PRESS DIGEST- Financial Times - Dec 21
Dec 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
GLOBAL MARKETS-Dollar profits from yield allure, Nikkei at 1-year peak
SYDNEY, Dec 21 (Reuters) - The U.S. dollar was encamped near
14-year peaks on Wednesday as global yield spreads moved
inexorably in its favour, while a falling yen lifted Japanese
shares to a one-year top.
Read more
14-year peaks on Wednesday as global yield spreads moved
inexorably in its favour, while a falling yen lifted Japanese
shares to a one-year top.
Read more
Kinder Morgan wins dismissal of $171 mln investor lawsuit
WILMINGTON, Del., Dec 20 (Reuters) - The Delaware Supreme
Court dismissed on Tuesday a $171 million investor lawsuit
against Kinder Morgan Inc stemming from the pipeline
operator's acquisition of El Paso Corp and its affiliates.
Read more
Court dismissed on Tuesday a $171 million investor lawsuit
against Kinder Morgan Inc stemming from the pipeline
operator's acquisition of El Paso Corp and its affiliates.
Read more
BRIEF-Cup Capital to execute definitive agreement for proposed qualifying transaction with GBT GmbH
* Deemed value ascribed to Cup shall be $0.64 per share,
deemed value ascribed to GBLT shall be C$60 million plus 120 pct
of gross proceeds of GBLT financing
Read more
deemed value ascribed to GBLT shall be C$60 million plus 120 pct
of gross proceeds of GBLT financing
Read more
UPDATE 3-U.S. sanctions companies, people over Russia actions in Ukraine
WASHINGTON, Dec 20 (Reuters) - The United States on Tuesday
targeted more Russian businessmen and companies over Russia's
annexation of Crimea and the conflict in Ukraine, slapping them
with U.S. sanctions in a move Moscow criticized as hostile.
Read more
targeted more Russian businessmen and companies over Russia's
annexation of Crimea and the conflict in Ukraine, slapping them
with U.S. sanctions in a move Moscow criticized as hostile.
Read more
TPG Capital to acquire healthcare software provider Mediware
Dec 20 (Reuters) - Buyout firm TPG Capital LP has
agreed to acquire Mediware Information Systems Inc, a
healthcare technology company, from another private equity firm,
Thoma Bravo LLC.
Read more
agreed to acquire Mediware Information Systems Inc, a
healthcare technology company, from another private equity firm,
Thoma Bravo LLC.
Read more
BRIEF-Tenneco appoints new chief technology officer
* Tenneco - Ben Patel, vice president for clean air global
research & development and systems integration, is being
promoted to role of cto
Read more
research & development and systems integration, is being
promoted to role of cto
Read more
Odebrecht, Braskem to pay 1.4 bln reais in fines to US, Swiss govt -report
SAO PAULO, Dec 20 (Reuters) - The Brazilian construction
firm Odebrecht and petrochemical company Braskem have agreed to
pay the U.S. and Swiss governments 700 million reais ($209
million) each to settle their roles in a sweeping corruption
case, the Folha de S.Paulo newspaper reported on Tuesday.
Read more
firm Odebrecht and petrochemical company Braskem have agreed to
pay the U.S. and Swiss governments 700 million reais ($209
million) each to settle their roles in a sweeping corruption
case, the Folha de S.Paulo newspaper reported on Tuesday.
Read more
U.S. ASSISTANT ATTORNEY GENERAL SAYS TODAY'S SETTLEMENT ON VOLKSWAGEN EMISSIONS FOR 3.0 LITER VEHICLES "IS NOT THE LAST STEP"
U.S. ASSISTANT ATTORNEY GENERAL SAYS TODAY'S SETTLEMENT ON
VOLKSWAGEN EMISSIONS FOR 3.0 LITER VEHICLES "IS NOT
THE LAST STEP"
Read more
VOLKSWAGEN EMISSIONS FOR 3.0 LITER VEHICLES "IS NOT
THE LAST STEP"
Read more
UPDATE 1-Environmentalists file suit over Kinder Morgan pipeline in Canada
CALGARY, Alberta, Dec 20 (Reuters) - Two environmental
groups on Tuesday filed for a judicial review of the Canadian
government's decision to approve Kinder Morgan's Trans
Mountain pipeline expansion, the first legal challenge to the
project since it received the green light last month.
Read more
groups on Tuesday filed for a judicial review of the Canadian
government's decision to approve Kinder Morgan's Trans
Mountain pipeline expansion, the first legal challenge to the
project since it received the green light last month.
Read more
Environmentalists file suit over Kinder Morgan pipeline in Canada
CALGARY, Alberta, Dec 20 (Reuters) - Two environmental
groups on Tuesday filed for a judicial review of the Canadian
government's decision to approve Kinder Morgan's Trans Mountain
pipeline expansion, the first legal challenge to the project
since it received the green light in November.
Read more
groups on Tuesday filed for a judicial review of the Canadian
government's decision to approve Kinder Morgan's Trans Mountain
pipeline expansion, the first legal challenge to the project
since it received the green light in November.
Read more
BRIEF-Bluerock residential growth REIT acquires 324-unit apartment property in Austin, TX
* Transaction was further capitalized with a senior loan in
amount of approximately $34.8 million
Read more
amount of approximately $34.8 million
Read more
UPDATE 7-U.S. charges Platinum Partners execs with $1 bln fraud
NEW YORK, Dec 19 (Reuters) - Top executives of New
York-based hedge fund manager Platinum Partners were arrested on
Monday and charged with running a $1 billion fraud that federal
prosecutors said became "like a Ponzi scheme" as its largest
investments lost much of their value.
Read more
York-based hedge fund manager Platinum Partners were arrested on
Monday and charged with running a $1 billion fraud that federal
prosecutors said became "like a Ponzi scheme" as its largest
investments lost much of their value.
Read more
AMC must sell some theaters in order to buy Carmike -Justice Dept.
WASHINGTON, Dec 20 (Reuters) - Movie theater company AMC
Entertainment Holdings Inc will have to divest cinemas
in 15 local markets and sell off most of its holdings in
National Cinemedia LLC in order to complete its purchase of
Carmike Cinemas Inc, the Justice Department said on
Tuesday.
Read more
Entertainment Holdings Inc will have to divest cinemas
in 15 local markets and sell off most of its holdings in
National Cinemedia LLC in order to complete its purchase of
Carmike Cinemas Inc, the Justice Department said on
Tuesday.
Read more
EU nations back stricter emissions rules for new gasoline engines
BRUSSELS, Dec 20 (Reuters) - EU nations backed measures to
strengthen new on-road emissions tests on Tuesday to supplement
laboratory-based ones, whose flaws were laid bare by the
Volkswagen scandal.
Read more
strengthen new on-road emissions tests on Tuesday to supplement
laboratory-based ones, whose flaws were laid bare by the
Volkswagen scandal.
Read more
Mining financier Triple Flag seals first deal with Peru's Milpo
Dec 20 (Reuters) - Triple Flag, a new mining financing firm
backed by U.S. hedge fund Elliott Management Corp, said on
Tuesday it would pay $250 million to buy future silver
production from a mine in Peru owned by Peruvian miner CompañÃa
Minera Milpo.
Read more
backed by U.S. hedge fund Elliott Management Corp, said on
Tuesday it would pay $250 million to buy future silver
production from a mine in Peru owned by Peruvian miner CompañÃa
Minera Milpo.
Read more
BRIEF-Perrigo announces FDA approvals for store brand OTC equivalents to Nicorette white ice mint gum
* Perrigo announces fda approvals for the store brand otc
equivalents to nicorette white ice mint gum
Source text for Eikon:
Further company coverage:
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equivalents to nicorette white ice mint gum
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Largo Resources enters agreement to qualify its vanadium in aerospace alloy sector
* Largo Resources Ltd - largo announces agreement to qualify
its vanadium for use and sale in aerospace alloy sector
Read more
its vanadium for use and sale in aerospace alloy sector
Read more
BRIEF-Valspar Corp reports Q4 earnings per share $1.27
* Valspar corp - foreign currency translation negatively
impacted net sales by 3% for fiscal 2016
Read more
impacted net sales by 3% for fiscal 2016
Read more
EMERGING MARKETS-EM stocks hit one-month low, Turkish assets rebound
LONDON, Dec 20 (Reuters) - Emerging equities slid to a
one-month low on Tuesday but Turkey's lira and dollar bonds
recovered the losses they incurred on Monday after the Russian
ambassador was killed in an attack in the Turkish capital
Ankara.
Read more
one-month low on Tuesday but Turkey's lira and dollar bonds
recovered the losses they incurred on Monday after the Russian
ambassador was killed in an attack in the Turkish capital
Ankara.
Read more
U.S. investigates 1 million Fiat Chrysler vehicles for roll-away crashes
WASHINGTON, Dec 20 (Reuters) - The U.S. National Highway
Traffic Safety Administration is launching an investigation into
about 1 million newer Fiat Chrysler Ram pickup trucks and SUVs
after receiving complaints the vehicles rolled away after being
parked, it said on Tuesday.
Read more
Traffic Safety Administration is launching an investigation into
about 1 million newer Fiat Chrysler Ram pickup trucks and SUVs
after receiving complaints the vehicles rolled away after being
parked, it said on Tuesday.
Read more
Bank of Italy says institutions have solutions to bank troubles
ROME, Dec 20 (Reuters) - Bank of Italy Governor Ignazio
Visco said on Tuesday that national and European institutions
are committed to finding solutions to the problems of the
country's banks that are in need of help.
Read more
Visco said on Tuesday that national and European institutions
are committed to finding solutions to the problems of the
country's banks that are in need of help.
Read more
BRIEF-BP Rumaila oilfield achieves 3 bln barrel production landmark
* Rumaila oilfield achieves 3 billion barrel production
landmark
Further company coverage:
(Bengaluru Newsroom: +91 806 749 1136)
Read more
landmark
Further company coverage:
(Bengaluru Newsroom: +91 806 749 1136)
Read more
UPDATE 2-UK Stocks-Factors to watch on Dec 20
Dec 20 (Reuters) - Britain's FTSE 100 index is seen opening down
about 0.2 percent on Tuesday, according to financial bookmakers, with futures
down 0.04 percent ahead of the cash market open.
Read more
about 0.2 percent on Tuesday, according to financial bookmakers, with futures
down 0.04 percent ahead of the cash market open.
Read more
UPDATE 1-Volvo Cars raises $500 mln in step towards IPO
STOCKHOLM, Dec 20 (Reuters) - Geely's Volvo Cars have raised
5 billion Swedish crowns ($532 million) from a group of Swedish
institutional investors in a step towards a listing of the
Chinese-owned company.
Read more
5 billion Swedish crowns ($532 million) from a group of Swedish
institutional investors in a step towards a listing of the
Chinese-owned company.
Read more
Monday, December 19, 2016
BRIEF-Pharnext completes patient enrollment in Pivotal Phase 3 trial of PXT3003 for Charcot-Marie-Tooth Disease Type 1a
* Pharnext completes patient enrollment in international
pivotal phase 3 trial of PXT3003 for Charcot-Marie-Tooth Disease
Type 1a
Read more
pivotal phase 3 trial of PXT3003 for Charcot-Marie-Tooth Disease
Type 1a
Read more
BRIEF-Great Panther Silver to acquire Coricancha Polymetallic Mine in Peru
* Great Panther will acquire Coricancha from Nyrstar for a
purchase price comprising US$0.1 million to be paid on closing
Read more
purchase price comprising US$0.1 million to be paid on closing
Read more
Malaysia says it has not abandoned hope of finding MH370
KUALA LUMPUR, Dec 20 (Reuters) - Malaysia said on Tuesday
that it has not abandoned hope of finding missing Malaysia
Airlines flight MH370 and that it remains to be seen how a new
report by investigators could help locate the aircraft.
Read more
that it has not abandoned hope of finding missing Malaysia
Airlines flight MH370 and that it remains to be seen how a new
report by investigators could help locate the aircraft.
Read more
Virtual butler 'Jarvis' takes up residence in Facebook founder's home
Dec 19 (Reuters) - Mark Zuckerberg on Monday introduced the
world to "Jarvis", an artificial intelligence system the
Facebook chief created in his spare time, which can choose and
play music, turn on lights, and recognize visitors, deciding
whether to open the front door.
Read more
world to "Jarvis", an artificial intelligence system the
Facebook chief created in his spare time, which can choose and
play music, turn on lights, and recognize visitors, deciding
whether to open the front door.
Read more
PRESS DIGEST- Financial Times - Dec 20
Dec 20 (Reuters) - The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Uber lost more than $800 mln in third quarter 2016 - Bloomberg
Dec 19 (Reuters) - Privately held ride-hailing company Uber
Technologies Inc lost more than $800 million in the
third quarter, Bloomberg reported on Monday.
Read more
Technologies Inc lost more than $800 million in the
third quarter, Bloomberg reported on Monday.
Read more
BRIEF-Viiv Healthcare announces positive results from first phase III studies of two-drug HIV treatment regimen
* Viiv Healthcare announces positive results from first
phase iii studies of two-drug HIV treatment regimen
Read more
phase iii studies of two-drug HIV treatment regimen
Read more
PRESS DIGEST- British Business - Dec 20
Dec 20 (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
Chinese man guilty of stealing military program documents -U.S. Justice Dept.
WASHINGTON, Dec 19 (Reuters) - A 38-year-old Chinese man
pleaded guilty on Monday to charges that he stole numerous
sensitive military program documents from United Technologies
Corp and transported them to China, the U.S. Justice
Department said.
Read more
pleaded guilty on Monday to charges that he stole numerous
sensitive military program documents from United Technologies
Corp and transported them to China, the U.S. Justice
Department said.
Read more
Oil industry networking site creator pleads guilty in U.S. hacking case
NEW YORK, Dec 19 (Reuters) - The founder of an oil and gas
networking website accused of hacking into a rival site he had
created and sold to DHI Group Inc pleaded guilty to a
computer fraud charge on Monday, prosecutors said.
Read more
networking website accused of hacking into a rival site he had
created and sold to DHI Group Inc pleaded guilty to a
computer fraud charge on Monday, prosecutors said.
Read more
BRIEF-Hawaiian holdings expects $20 mln for a collective bargaining agreement
* Hawaiian Holdings -expects to record $20 million for a
proposed collective bargaining agreement with contract groups
that would be paid upon ratification
Read more
proposed collective bargaining agreement with contract groups
that would be paid upon ratification
Read more
BRIEF-Ingalls shipbuilding awarded $1.46 bln for amphibious transport dock fort lauderdale
* Photo release--ingalls shipbuilding awarded $1.46 billion
for construction of amphibious transport dock fort lauderdale
Source text for Eikon:
Further company coverage:
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for construction of amphibious transport dock fort lauderdale
Source text for Eikon:
Further company coverage:
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UPDATE 4-Brazil to challenge Canada at WTO over Bombardier funding
SAO PAULO/MONTREAL Dec 19 (Reuters) - Brazil unveiled a
probable challenge against Canadian regional and government
funding for Bombardier Inc at the World Trade
Organization, reviving a bitter trade feud between the Canadian
jetmaker and Brazilian rival Embraer SA.
Read more
probable challenge against Canadian regional and government
funding for Bombardier Inc at the World Trade
Organization, reviving a bitter trade feud between the Canadian
jetmaker and Brazilian rival Embraer SA.
Read more
BRIEF-TransAlta sees 2017 comparable FFO $765 mln-$855 mln
* TransAlta Corp - corporation also expects to raise between
$400 and $600 million of debt secured by portfolio of contracted
assets in 2017
Read more
$400 and $600 million of debt secured by portfolio of contracted
assets in 2017
Read more
BRIEF-Interpace Diagnostics announces $1.9 mln offering of common stock
* Interpace Diagnostics Group - entered into securities
purchase agreement with a institutional investor to purchase 2
million shares of common stock at $0.53 per share
Read more
purchase agreement with a institutional investor to purchase 2
million shares of common stock at $0.53 per share
Read more
BRIEF-Toyota Motor North America says conducting safety recall of certain Model Year 2017 Toyota 86 vehicles
* Toyota Motor North America - Conducting a safety recall of
certain Model Year 2017 Toyota 86 vehicles in the U.S.
Read more
certain Model Year 2017 Toyota 86 vehicles in the U.S.
Read more
CORRECTED-UPDATE 1-Ionis Pharma's rare metabolic disorder drug succeeds key study
Dec 19 (Reuters) - Ionis Pharmaceuticals Inc said
on Monday its rare metabolic disorder drug for severe
hypertriglyceridemia, characterized by elevated levels of a type
of fat in the blood, met the main goal in a late-stage study.
Read more
on Monday its rare metabolic disorder drug for severe
hypertriglyceridemia, characterized by elevated levels of a type
of fat in the blood, met the main goal in a late-stage study.
Read more
BRIEF-Anika wins CE mark approval for Orthovisc-T
* Anika wins CE mark approval for Orthovisc-T to relieve
pain and restore function of tendons damaged by chronic injury
Read more
pain and restore function of tendons damaged by chronic injury
Read more
Volkswagen agrees to spend up to C$2.1 billion over Canadian emissions
WASHINGTON, Dec 19 (Reuters) - Volkswagen AG has agreed to
spend up to $2.1 billion Canadian dollars to buy back or fix
105,000 polluting diesels and compensate owners, the company
said Monday.
Read more
spend up to $2.1 billion Canadian dollars to buy back or fix
105,000 polluting diesels and compensate owners, the company
said Monday.
Read more
Mexico raises cough medicine objection to Sanofi-Boehringer deal
MEXICO CITY, Dec 19 (Reuters) - Mexico's antitrust body on
Monday said it had made local approval of an asset swap between
French drugmaker Sanofi and Germany's Boehringer
Ingelheim conditional on Sanofi not acquiring its peer's cough
medicines in Mexico.
Read more
Monday said it had made local approval of an asset swap between
French drugmaker Sanofi and Germany's Boehringer
Ingelheim conditional on Sanofi not acquiring its peer's cough
medicines in Mexico.
Read more
BRIEF-Mosaic and Vale merger termination fee set at $125 million
* If deal is terminated by Mosaic/Vale under certain
circumstances, Vale may be required to pay Mosaic termination
fee of $125 mln - sec filing
Read more
circumstances, Vale may be required to pay Mosaic termination
fee of $125 mln - sec filing
Read more
BRIEF-Valley National says started program to identify operating expense reduction
* Valley National -"Embarked on a program that will seek to
identify operating expense reduction and at same time revenue
enhancement opportunities"
Read more
identify operating expense reduction and at same time revenue
enhancement opportunities"
Read more
UPDATE 1-WPP receives U.S. subpoenas over video production practices
LONDON, Dec 19 (Reuters) - WPP, the world's largest
advertising agency, said on Monday that three of its
subsidiaries had received subpoenas from the U.S. Department of
Justice as part of an investigation into video production
practices in the advertising industry.
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advertising agency, said on Monday that three of its
subsidiaries had received subpoenas from the U.S. Department of
Justice as part of an investigation into video production
practices in the advertising industry.
Read more
BRIEF-CL Energy Opportunity Fund acquires non-operating working interests in the DJ basin of Colorado
* Acquired assets with production of over 5,500 barrels per
day include a mix of wellbore-only working interests and
leasehold interest
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day include a mix of wellbore-only working interests and
leasehold interest
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BRIEF-Calamos founder John Calamos, CEO John Koudounis to acquire Calamos Asset Management
* Calamos Asset Management - has reached an agreement in
principle to be acquired by an entity formed by Mr. John Calamos
and Mr. John Koudounis
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principle to be acquired by an entity formed by Mr. John Calamos
and Mr. John Koudounis
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BRIEF-Consolidated Water and WSC executed a letter of acceptance on Dec. 13, 2016
* Consolidated Water Co Ltd - on December 13, 2016, company
and WSC executed a letter of acceptance - sec filing
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and WSC executed a letter of acceptance - sec filing
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Death of diesel in passenger cars of limited concern to refiners
LONDON, Dec 19 (Reuters) - Even if the diesel engine's
scandal-driven fall from grace pushes it out of the world's
passenger cars, an increasing need for it on ships, in trucks
and heavy industry could save the refineries that invested
heavily in producing the fuel.
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scandal-driven fall from grace pushes it out of the world's
passenger cars, an increasing need for it on ships, in trucks
and heavy industry could save the refineries that invested
heavily in producing the fuel.
Read more
BRIEF-Rennova Health prices $12,350,000 public offering
* Rennova Health Inc -Underwritten public offering of 12,350
shares of its series h convertible preferred stock at a per
share price to public of $1,000
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shares of its series h convertible preferred stock at a per
share price to public of $1,000
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EMERGING MARKETS-Emerging stocks reel from Fed, weaker dollar lifts FX
LONDON, Dec 19 (Reuters) - Emerging market currencies gained
ground against a weaker dollar while stocks hit a two-week low,
still feeling the impact of last week's Federal Reserve meeting.
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ground against a weaker dollar while stocks hit a two-week low,
still feeling the impact of last week's Federal Reserve meeting.
Read more
BRIEF-Versant Ventures announces milestone with Northern Biologics and Bluerock Therapeutics
* Versant ventures announces milestone with recent Northern
Biologics and Bluerock Therapeutics deals
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Biologics and Bluerock Therapeutics deals
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