March 31 (Reuters) - Bombardier Inc Executive
Chairman Pierre Beaudoin will see a cut in his 2016 compensation
after he requested the board to reverse his pay to its 2015
level, the company said in a statement on Friday.
Read more
Friday, March 31, 2017
CORRECTED-UPDATE 1-Toshiba likely to miss quarterly earnings deadline for 3rd time-sources
TOKYO, April 1 (Reuters) - Toshiba Corp will likely
miss a third deadline to report its quarterly business results,
two sources told Reuters, forcing the Japanese conglomerate to
ask for a fresh extension or face a possible delisting from the
Tokyo Stock Exchange.
Read more
miss a third deadline to report its quarterly business results,
two sources told Reuters, forcing the Japanese conglomerate to
ask for a fresh extension or face a possible delisting from the
Tokyo Stock Exchange.
Read more
BRIEF-Bombardier's Beaudoin requests board to bring his 2016 compensation back to 2015 level
* Executive Chairman Pierre Beaudoin requested that board
reset his compensation for 2016 to bring it back to its 2015
level
Source text for Eikon:
Further company coverage:
Read more
reset his compensation for 2016 to bring it back to its 2015
level
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Tangelo negotiating extension of obligation to lender
* Negotiating extension of its principal repayment
obligations to its lender, third eye capital corporation to come
due on March 31
Read more
obligations to its lender, third eye capital corporation to come
due on March 31
Read more
CANADA STOCKS-TSX ends lower but BlackBerry offsets declines
OTTAWA, March 31 (Reuters) - Canada's main stock index ended
modestly lower on Friday, weighed by financial and railway
companies, though better-than-expected results from BlackBerry
offset some of the losses as its stock surged.
Read more
modestly lower on Friday, weighed by financial and railway
companies, though better-than-expected results from BlackBerry
offset some of the losses as its stock surged.
Read more
US STOCKS SNAPSHOT-Wall St end down on day; wraps up strong quarter
NEW YORK, March 31 (Reuters) - Wall Street fell on Friday,
pulled down by Exxon Mobil Corp and JPMorgan Chase & Co
as investors wrapped up a strong quarter and weighed
whether corporate earnings reports will justify the market's
lofty valuations.
Read more
pulled down by Exxon Mobil Corp and JPMorgan Chase & Co
as investors wrapped up a strong quarter and weighed
whether corporate earnings reports will justify the market's
lofty valuations.
Read more
UPDATE 1-Brazil's Renova to finalize project sale to AES on Monday -sources
SAO PAULO, March 31 (Reuters) - Brazil's renewable power
generation company Renova Energia SA will finalize
the sale of wind farm Alto Sertão II to the Brazilian unit of
AES Corp for about 700 million reais ($223 million) as
early as Monday, two people with direct knowledge of the matter
said.
Read more
generation company Renova Energia SA will finalize
the sale of wind farm Alto Sertão II to the Brazilian unit of
AES Corp for about 700 million reais ($223 million) as
early as Monday, two people with direct knowledge of the matter
said.
Read more
BRIEF-Spar Group Inc files for non timely 10-K
* Spar Group Inc - delay in filing 10-K due to co incorporates the required
information for reporting its recently acquired operations in Brazil
Source text - (http://bit.ly/2nnCZ9W)
Further company coverage:
Read more
information for reporting its recently acquired operations in Brazil
Source text - (http://bit.ly/2nnCZ9W)
Further company coverage:
Read more
Brazil's Renova to finalize wind farm sale to AES unit Monday - sources
SAO PAULO, March 31 (Reuters) - Brazil's renewable power
generation company Renova Energia SA will finalize
the sale of wind farm Alto Sertao II to the Brazilian unit of
AES Corp for about 700 million reais ($223 million) as
early as Monday, two people with direct knowledge of the matter
said.
Read more
generation company Renova Energia SA will finalize
the sale of wind farm Alto Sertao II to the Brazilian unit of
AES Corp for about 700 million reais ($223 million) as
early as Monday, two people with direct knowledge of the matter
said.
Read more
BRIEF-Travelers Companies says CEO Alan Schnitzer's 2016 total compensation was $11.6 million
* CEO Alan Schnitzer's 2016 total compensation was $11.6
million versus $6.9 million in 2015 - SEC filing
Read more
million versus $6.9 million in 2015 - SEC filing
Read more
CORRECTED-Airbus faces cash headache, lengthy talks over A400M delays
PARIS/BERLIN, March 31 (Reuters) - Airbus faces a
cash squeeze and months of uncertainty over its troubled A400M
troop plane after buyer nations upheld penalty clauses for
delays to Europe's largest defence project.
Read more
cash squeeze and months of uncertainty over its troubled A400M
troop plane after buyer nations upheld penalty clauses for
delays to Europe's largest defence project.
Read more
BRIEF-SouthGobi Resources reports qtrly shr loss of $0.07
* SouthGobi resources announces fourth quarter and full year
2016 financial and operating results and updated resource
estimate and newly declared reserve estimate in respect of Ovoot
Tolgoi
Read more
2016 financial and operating results and updated resource
estimate and newly declared reserve estimate in respect of Ovoot
Tolgoi
Read more
BRIEF-CVS says specialty pharmacy services contract for Blue Cross, Blue Shield Federal Employee Program will terminate at end of 2017
* CVS Health -confirmed that contract to provide specialty
pharmacy services for Blue Cross, Blue Shield Federal Employee
Program will terminate at end of 2017
Read more
pharmacy services for Blue Cross, Blue Shield Federal Employee
Program will terminate at end of 2017
Read more
BRIEF-Ford Motor says CEO Mark Fields' total compensation for 2016 $22.1 mln
* CEO Mark Fields' total compensation for 2016 $22.1 million
versus $18.6 million in 2015 - SEC Filing
Read more
versus $18.6 million in 2015 - SEC Filing
Read more
BRIEF-Horton Capital says revoked its nomination notice for CPS Technologies board
* Horton Capital Partners Fund says submitted nomination
notice which included five candidates for consideration by CPS
Technologies board as potential new members
Read more
notice which included five candidates for consideration by CPS
Technologies board as potential new members
Read more
BRIEF-New York REIT to acquire remaining 51.1 pct interests in Worldwide Holdings
* New York REIT -on March 30, co through unit exercised
right to acquire remaining 51.1% interests in Worldwide Holdings
Llc it does not currently own
Read more
right to acquire remaining 51.1% interests in Worldwide Holdings
Llc it does not currently own
Read more
BRIEF-Grubhub says CEO Matthew Maloney's 2016 total compensation was $943,080
* CEO Matthew Maloney's 2016 total compensation was $943,080
versus $8.3 million in 2015 – SEC filing
Read more
versus $8.3 million in 2015 – SEC filing
Read more
BRIEF-Wecast Network reports FY 2016 basic and diluted loss per share $0.72
* Wecast Network Inc - basic and diluted loss per share for
2016 was $0.72 as compared to a $0.34 loss per share in in 2015
Read more
2016 was $0.72 as compared to a $0.34 loss per share in in 2015
Read more
BRIEF-Zoetis CEO's 2016 total compensation was $9.5 million
* CEO Juan Ramón Alaix's 2016 total compensation was $9.5
million versus $8.7 million in 2015
Source text:(http://bit.ly/2nRVXcH)
Further company coverage:
Read more
million versus $8.7 million in 2015
Source text:(http://bit.ly/2nRVXcH)
Further company coverage:
Read more
PRESS DIGEST- Canada - March 31
March 31 (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
South Africa's Ramaphosa says Gordhan sacking "unacceptable"
JOHANNESBURG, March 31 (Reuters) - The firing of South
African Finance Minister Pravin Gordhan is "totally
unacceptable" and President Jacob Zuma made the decision because
of a "dubious" intelligence report, Deputy President Cyril
Ramaphosa said on Friday.
Read more
African Finance Minister Pravin Gordhan is "totally
unacceptable" and President Jacob Zuma made the decision because
of a "dubious" intelligence report, Deputy President Cyril
Ramaphosa said on Friday.
Read more
INVESTMENT FOCUS-'Frontier' investing dissolves as equity index rejigged
LONDON, March 31 (Reuters) - Frontier equity indexes are
about to lose two of their biggest and most liquid markets,
Pakistan and Argentina, a change that may deepen disenchantment
with an asset class where investment flows have stagnated in
recent years.
Read more
about to lose two of their biggest and most liquid markets,
Pakistan and Argentina, a change that may deepen disenchantment
with an asset class where investment flows have stagnated in
recent years.
Read more
BRIEF-BPCL plans to set up oil trading desk in Singapore with Shell - source
* BPCL plans to set up oil trading desk in Singapore with
Shell - source
Further company coverage:
Read more
Shell - source
Further company coverage:
Read more
UPDATE 1-UK Stocks-Factors to watch on March 31
March 31 (Reuters) - Britain's FTSE 100 index is seen opening down
19 points at 7,351 points on Friday, according to financial bookmakers, with
futures down 0.4 percent ahead of the cash market open.
Read more
19 points at 7,351 points on Friday, according to financial bookmakers, with
futures down 0.4 percent ahead of the cash market open.
Read more
UPDATE 1-Danone to sell Stonyfield unit as part of WhiteWave deal
PARIS, March 31 (Reuters) - French food group Danone
said on Friday it would sell its U.S. organic yoghurt
business Stonyfield to facilitate the rapid completion of its
$10.4 billion acquisition of U.S. organic food producer
WhiteWave foods Co.
Read more
said on Friday it would sell its U.S. organic yoghurt
business Stonyfield to facilitate the rapid completion of its
$10.4 billion acquisition of U.S. organic food producer
WhiteWave foods Co.
Read more
Thursday, March 30, 2017
UK Treasury sells Bradford & Bingley loans to Prudential, Blackstone for 11.8 bln stg
LONDON, March 31 (Reuters) - The British government said on
Friday it has sold a portfolio of mortgages that were issued by
failed lender Bradford & Bingley to insurer Prudential
and buyout firm Blackstone, for 11.8 billion pounds
($14.7 billion).
Read more
Friday it has sold a portfolio of mortgages that were issued by
failed lender Bradford & Bingley to insurer Prudential
and buyout firm Blackstone, for 11.8 billion pounds
($14.7 billion).
Read more
Thailand to auction petroleum concessions for Erawan, Bongkot fields in Dec - energy minister
BANGKOK, March 31 (Reuters) - Thailand will auction
petroleum concessions for Erawan and Bongkot gas fields in
December, the country's energy minister said on Friday.
Read more
petroleum concessions for Erawan and Bongkot gas fields in
December, the country's energy minister said on Friday.
Read more
BRIEF-Johnson & Johnson says Janssen Holding to acquire all publicly held shares of Actelion for $280 per share
* Johnson & Johnson publishes interim result for Actelion tender offer and declares the
tender offer successful
Read more
tender offer successful
Read more
PRESS DIGEST - Wall Street Journal - March 31
March 31 (Reuters) - The following are the top stories in
the Wall Street Journal. Reuters has not verified these stories
and does not vouch for their accuracy.
Read more
the Wall Street Journal. Reuters has not verified these stories
and does not vouch for their accuracy.
Read more
Nikkei gains on solid industrial output data, Wall St
TOKYO, March 31 (Reuters) - Japanese stocks rose on Friday
as upbeat industrial production data and a weak yen supported
sentiment, with exporters and tech shares underpinning the broad
market in early trade.
Read more
as upbeat industrial production data and a weak yen supported
sentiment, with exporters and tech shares underpinning the broad
market in early trade.
Read more
Morning News Call - India, March 31
To access the newsletter, click on the link:
http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_03312017.pdf
If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/
FACTORS TO WATCH
11:00 am: Budget session of parliament continues in New Delhi.
05:00 pm: Government to release February infrastructure output data in New
Delhi.
05:00 pm: RBI to release weekly foreign exchang
Read more
http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_03312017.pdf
If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/
FACTORS TO WATCH
11:00 am: Budget session of parliament continues in New Delhi.
05:00 pm: Government to release February infrastructure output data in New
Delhi.
05:00 pm: RBI to release weekly foreign exchang
Read more
UPDATE 5-SpaceX successfully launches first recycled rocket booster
CAPE CANAVERAL, Fla., March 30 (Reuters) - A SpaceX Falcon 9
rocket recovered at sea from its maiden flight last year blasted
off again from Florida on Thursday in the first successful
launch of a recycled orbital-class booster, then capped the feat
with another return landing on an ocean platform.
Read more
rocket recovered at sea from its maiden flight last year blasted
off again from Florida on Thursday in the first successful
launch of a recycled orbital-class booster, then capped the feat
with another return landing on an ocean platform.
Read more
Brazil's main policy body cuts BNDES key interest rate
SAO PAULO, March 30 (Reuters) - Brazil's National Monetary
Council decided on Thursday to reduce the interest rate at which
state development bank BNDES pegs its loans.
Read more
Council decided on Thursday to reduce the interest rate at which
state development bank BNDES pegs its loans.
Read more
UPDATE 7-Trump says trade gap will make China meeting 'a very difficult one'
WASHINGTON/BEIJING, March 30 (Reuters) - U.S. President
Donald Trump set the tone for a tense first meeting with Chinese
President Xi Jinping next week by tweeting on Thursday that the
United States could no longer tolerate massive trade deficits
and job losses.
Read more
Donald Trump set the tone for a tense first meeting with Chinese
President Xi Jinping next week by tweeting on Thursday that the
United States could no longer tolerate massive trade deficits
and job losses.
Read more
PRESS DIGEST- Financial Times - March 31
March 31 (Reuters) - The following are the top stories in
the Financial Times. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
the Financial Times. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
UPDATE 2-Coty says not against online sales, wants to protect luxury brands
* France says online sales curbs safeguard brands' prestige
(Updates with details about Parfumerie Akzente)
Read more
(Updates with details about Parfumerie Akzente)
Read more
DEALS-Trump helps make cross-border M&A great again
March 30 (Reuters) - Cross-border M&A had its strongest
start since 2007, driving first-quarter global volumes up 7
percent, as optimism over U.S. President Donald Trump's economic
agenda buoyed the stock market and the dollar, making foreign
acquisitions cheaper than some U.S. targets.
Read more
start since 2007, driving first-quarter global volumes up 7
percent, as optimism over U.S. President Donald Trump's economic
agenda buoyed the stock market and the dollar, making foreign
acquisitions cheaper than some U.S. targets.
Read more
UPDATE 5-Venezuela's Maduro decried as "dictator" after Congress annulled
CARACAS, March 30 (Reuters) - Opposition leaders branded
Venezuela's socialist President Nicolas Maduro a "dictator" on
Thursday after the Supreme Court took over the functions of
Congress and pushed a lengthy political standoff to new heights.
Read more
Venezuela's socialist President Nicolas Maduro a "dictator" on
Thursday after the Supreme Court took over the functions of
Congress and pushed a lengthy political standoff to new heights.
Read more
BRIEF-Pine Brook to buy Triumph Capital Advisors from Triumph Bancorp
* Pine Brook to acquire Triumph Capital Advisors, a leading
CLO manager, from Triumph Bancorp
Read more
CLO manager, from Triumph Bancorp
Read more
BRIEF-Extendicare says Ben Hutzel has decided to step down in his role as chairman of board
* Extendicare Inc - Ben Hutzel has decided to step down in
his role as chairman of board of directors of Extendicare
Read more
his role as chairman of board of directors of Extendicare
Read more
UPDATE 1-Mexico cenbank slows pace of hikes after peso surge
MEXICO CITY, March 30 (Reuters) - Mexico's central bank
raised its benchmark interest rate for the fifth time in a row
on Thursday, taking borrowing costs to an eight-year high but
policymakers slowed the pace of hikes on the back of a rally in
the peso.
Read more
raised its benchmark interest rate for the fifth time in a row
on Thursday, taking borrowing costs to an eight-year high but
policymakers slowed the pace of hikes on the back of a rally in
the peso.
Read more
UPDATE 1-JPMorgan economist sees Fed shrinking balance sheet starting 2018
NEW YORK, March 30 (Reuters) - A JPMorgan economist said on
Thursday he expected the U.S. Federal Reserve to start paring
the size of its $4.5 trillion balance sheet in early 2018 with a
focus on ending its reinvestment in mortgage-backed securities.
Read more
Thursday he expected the U.S. Federal Reserve to start paring
the size of its $4.5 trillion balance sheet in early 2018 with a
focus on ending its reinvestment in mortgage-backed securities.
Read more
UPDATE 1-U.S. Air Force secretary nominee backs stealth aspect of F-35s
March 30 (Reuters) - President Donald Trump's Air Force
secretary nominee, Heather Wilson, told U.S. senators on
Thursday that other jets lacked the stealth capability of
Lockheed Martin Corp's F-35 fighter jet, in remarks
suggesting the Pentagon's most expensive weapons system would
have an important advocate.
Read more
secretary nominee, Heather Wilson, told U.S. senators on
Thursday that other jets lacked the stealth capability of
Lockheed Martin Corp's F-35 fighter jet, in remarks
suggesting the Pentagon's most expensive weapons system would
have an important advocate.
Read more
UPDATE 3-Environmental groups sue Trump administration for approving Keystone pipeline
WASHINGTON, March 30 (Reuters) - Several environmental
groups filed lawsuits against the Trump administration on
Thursday to challenge its decision to approve construction of
TransCanada Corp's controversial Keystone XL crude oil
pipeline.
Read more
groups filed lawsuits against the Trump administration on
Thursday to challenge its decision to approve construction of
TransCanada Corp's controversial Keystone XL crude oil
pipeline.
Read more
BRIEF-Southern First Bancshares Inc files for mixed shelf of up to $50 million – SEC filing
* Southern First Bancshares Inc - files for mixed shelf of up to $50 million
– SEC filing
Source text - (http://bit.ly/2nkiTNZ)
Further company coverage:
Read more
– SEC filing
Source text - (http://bit.ly/2nkiTNZ)
Further company coverage:
Read more
Russia develops a taste for alcohol-free beer as government fights drinking
MOSCOW, March 30 (Reuters) - Russians are among the biggest
drinkers of alcohol in the world, yet are developing a new taste
for alcohol-free beer, which could help save a brewing industry
that has stalled under government initiatives to discourage
drinking.
Read more
drinkers of alcohol in the world, yet are developing a new taste
for alcohol-free beer, which could help save a brewing industry
that has stalled under government initiatives to discourage
drinking.
Read more
Investors want advice from both robots and humans -study
NEW YORK, March 30 (Reuters) - Financial advisers across
Wall Street's biggest brokerages have fretted over their
professional futures in recent years as their firms worked to
develop "robo" services for millennial and tech-savvy clients.
Read more
Wall Street's biggest brokerages have fretted over their
professional futures in recent years as their firms worked to
develop "robo" services for millennial and tech-savvy clients.
Read more
BRIEF-Teradyne Inc says CEO Mark E. Jagiela's total compensation in 2016 was $5.3 million
* CEO Mark E. Jagiela's total compensation in 2016 was $5.3
million versus $5.3 million in 2015- SEC filing
Further company coverage:
Read more
million versus $5.3 million in 2015- SEC filing
Further company coverage:
Read more
UPDATE 1-Latin America to step up bond sales as Trump fears fade
NEW YORK, March 30 (Reuters) - Latin American governments
and companies could soon step up bond sales, seizing on
increased deal appetite as a regional economic recovery gains
steam and concerns about potential aggressive U.S. policy
changes ease, bankers and investors said this week.
Read more
and companies could soon step up bond sales, seizing on
increased deal appetite as a regional economic recovery gains
steam and concerns about potential aggressive U.S. policy
changes ease, bankers and investors said this week.
Read more
UPDATE 1-U.S. awards AT&T contract to build wireless network for first responders
March 30 (Reuters) - The United States on Thursday awarded a
contract to AT&T Inc to build a nationwide wireless
broadband network to better equip first responders, years after
a federal commission recommended setting up such a system
following the 9/11 attacks.
Read more
contract to AT&T Inc to build a nationwide wireless
broadband network to better equip first responders, years after
a federal commission recommended setting up such a system
following the 9/11 attacks.
Read more
UPDATE 1-Volkswagen settles 10 U.S. state diesel claims for $157 mln
WASHINGTON, March 30 (Reuters) - Volkswagen AG said on
Thursday it has agreed to pay $157.45 million to settle
environmental claims from 10 U.S. states over its excess diesel
emissions, as the world's largest automaker looks to move past
the scandal.
Read more
Thursday it has agreed to pay $157.45 million to settle
environmental claims from 10 U.S. states over its excess diesel
emissions, as the world's largest automaker looks to move past
the scandal.
Read more
U.S. awards AT&T contract to build emergency broadband network
March 30 (Reuters) - The U.S. Department of Commerce on
Thursday awarded a 25-year contract to AT&T Inc for the
construction of a nationwide wireless broadband network to
better equip first responders during emergencies.
Read more
Thursday awarded a 25-year contract to AT&T Inc for the
construction of a nationwide wireless broadband network to
better equip first responders during emergencies.
Read more
BRIEF-PHH says CEO to retire - sec filing
* Chief Executive Officer Glen Messina notified co on March
29 of his decision to retire from board of directors of co - SEC
filing
Source text for Eikon: (http://bit.ly/2oc5Lif)
Further company coverage:
Read more
29 of his decision to retire from board of directors of co - SEC
filing
Source text for Eikon: (http://bit.ly/2oc5Lif)
Further company coverage:
Read more
BRIEF-Navigant enters into credit agreement with syndicate of bank lenders
* Navigant Consulting Inc - on March 28, 2017, co entered
into a credit agreement with a syndicate of bank lenders - SEC
filing
Read more
into a credit agreement with a syndicate of bank lenders - SEC
filing
Read more
Total CEO says interested in Novatek's LNG projects in Russia
SABETTA, Yamal, Russia, March 30 (Reuters) - The chief
executive of French energy firm Total, Patrick
Pouyanne, said on Thursday that his company was interested in
future cooperation with Russia's Novatek on projects
involving liquefied natural gas.
(Reporting by Olesya Astakhova; Writing by Maria Tsvetkova;
Editing by Alexander Winning)
Read more
executive of French energy firm Total, Patrick
Pouyanne, said on Thursday that his company was interested in
future cooperation with Russia's Novatek on projects
involving liquefied natural gas.
(Reporting by Olesya Astakhova; Writing by Maria Tsvetkova;
Editing by Alexander Winning)
Read more
BRIEF-Positive results published in nephrology dialysis transplantation from two China phase 2 trials
* Positive results published in nephrology dialysis
transplantation from two China phase 2 trials of roxadustat for
treatment of anemia in chronic kidney disease
Read more
transplantation from two China phase 2 trials of roxadustat for
treatment of anemia in chronic kidney disease
Read more
Corbus drug shows promise as add-on therapy for cystic fibrosis
March 30 (Reuters) - An anti-inflammatory drug being
developed by Corbus Pharmaceuticals Holdings as an
add-on treatment for cystic fibrosis demonstrated promising
safety and was well tolerated in a small midstage study,
according to data released by the company on Thursday.
Read more
developed by Corbus Pharmaceuticals Holdings as an
add-on treatment for cystic fibrosis demonstrated promising
safety and was well tolerated in a small midstage study,
according to data released by the company on Thursday.
Read more
GLOBAL MARKETS-Euro dips as price data further dampens ECB hike expectations
LONDON, March 30 (Reuters) - The euro dipped and bond yields
hit multi-week lows on Thursday as easing inflation in Spain and
Germany led investors to row back further on expectations of
when the European Central Bank might tighten monetary policy.
Read more
hit multi-week lows on Thursday as easing inflation in Spain and
Germany led investors to row back further on expectations of
when the European Central Bank might tighten monetary policy.
Read more
BRIEF-BP says co, Accsys Technologies created a consortium
* BP, Accsys Technologies through subsidiary Tricoya
Technologies, Medite have announced creation of a consortium,
Tricoya Ventures UK Limited
Read more
Technologies, Medite have announced creation of a consortium,
Tricoya Ventures UK Limited
Read more
CEE MARKETS-Czech bonds firm as CNB meets, crown cap seen staying for now
* Czech central bank not expected to remove crown cap
* Czech 2-year bonds trade at 2-week low yields
* Good auction seen in Hungary on loose central bank policy
* Croatian stocks tumble on concerns over food group Agrokor
By Sandor Peto and Jason Hovet
BUDAPEST/PRAGUE, March 30 (Reuters) - Czech short-term
government debt firmed on Thursday as the country's central bank
(CNB) holds its last meeting before the end of its "hard
commitment" to keep its cap on the crown's v
Read more
* Czech 2-year bonds trade at 2-week low yields
* Good auction seen in Hungary on loose central bank policy
* Croatian stocks tumble on concerns over food group Agrokor
By Sandor Peto and Jason Hovet
BUDAPEST/PRAGUE, March 30 (Reuters) - Czech short-term
government debt firmed on Thursday as the country's central bank
(CNB) holds its last meeting before the end of its "hard
commitment" to keep its cap on the crown's v
Read more
BRIEF-Cargotec: order for Seaspan for cargo system update
* SEASPAN CORPORATION PLACED AN ORDER WITH MACGREGOR FOR
CARGO SYSTEM UPDATE OF ITS ELEVEN 10,000 TEU CONTAINER VESSELS
Source text: http://bit.ly/2oB7ASw
Further company coverage:
(Gdynia Newsroom)
Read more
CARGO SYSTEM UPDATE OF ITS ELEVEN 10,000 TEU CONTAINER VESSELS
Source text: http://bit.ly/2oB7ASw
Further company coverage:
(Gdynia Newsroom)
Read more
Wednesday, March 29, 2017
BRIEF-Genomic Vision announces 10 million euro issue of warrants
* Announced on Wednesday the issuance of all the warrants
for convertible notes with warrants in the frame of the flexible
financing line for a total of 10 million euros ($10.75 million)
Read more
for convertible notes with warrants in the frame of the flexible
financing line for a total of 10 million euros ($10.75 million)
Read more
North Dakota oil output set to rise as controversial pipeline opens
HOUSTON, March 30 (Reuters) - North Dakota oil production
will get a shot in the arm next month as a pipeline comes online
despite opposition by environmental groups and Native Americans,
allowing the energy industry to save at least $540 million in
annual shipping costs.
Read more
will get a shot in the arm next month as a pipeline comes online
despite opposition by environmental groups and Native Americans,
allowing the energy industry to save at least $540 million in
annual shipping costs.
Read more
Latin America may step up bond sales as Trump fears fade
NEW YORK, March 30 (Reuters) - Latin American governments
and companies could soon step up bond sales, seizing on an
increased appetite for deals as a regional economic recovery
gains steam and concerns about aggressive U.S. policy changes
ease, bankers and investors said this week.
Read more
and companies could soon step up bond sales, seizing on an
increased appetite for deals as a regional economic recovery
gains steam and concerns about aggressive U.S. policy changes
ease, bankers and investors said this week.
Read more
BRIEF-Millennial makes payment on option of Pocitos West Project in Argentina
* Millennial makes payment on option of pocitos west project in Pocitos Salar, Salta
Province, Argentina
Read more
Province, Argentina
Read more
UPDATE 3-Synovus to buy Cabela's financial unit - source
* Synovus to resell credit-card portfolio to Capital One -
source
(Adds stock movement in extended trade)
Read more
source
(Adds stock movement in extended trade)
Read more
METALS-London copper slips on stronger dollar
MELBOURNE, March 30 (Reuters) - London copper slipped on
Thursday in low volume trade as the U.S. dollar held gains on
brighter economic signals from the United States.
Read more
Thursday in low volume trade as the U.S. dollar held gains on
brighter economic signals from the United States.
Read more
UPDATE 1-Volkswagen says US approves sale of modified diesel vehicles
March 29 (Reuters) - Volkswagen AG said the U.S.
Environmental Protection Agency has approved its request to sell
up to 67,000 diesel vehicles from the 2015 model year, including
about 12,000 currently in dealer inventory with approved
emissions modifications.
Read more
Environmental Protection Agency has approved its request to sell
up to 67,000 diesel vehicles from the 2015 model year, including
about 12,000 currently in dealer inventory with approved
emissions modifications.
Read more
Toshiba's nuclear woes a hot ticket for bankruptcy financiers
NEW YORK, March 29 (Reuters) - Westinghouse Electric Co's
financial distress sparked a feeding frenzy among Wall Street
lenders keen to give the nuclear developer a lifeline while it
reorganizes in bankruptcy, according to court papers and people
familiar with the matter.
Read more
financial distress sparked a feeding frenzy among Wall Street
lenders keen to give the nuclear developer a lifeline while it
reorganizes in bankruptcy, according to court papers and people
familiar with the matter.
Read more
UPDATE 2-Brazil enacts bigger-than-expected spending freeze to meet fiscal goal
BRASILIA, March 29 (Reuters) - The Brazilian government on
Wednesday enacted a bigger spending freeze than anticipated
while keeping tax hikes to a minimum as it seeks to reach a
fiscal deficit target key to regaining the country's
investment-grade rating.
Read more
Wednesday enacted a bigger spending freeze than anticipated
while keeping tax hikes to a minimum as it seeks to reach a
fiscal deficit target key to regaining the country's
investment-grade rating.
Read more
BRIEF-Volkswagen says it has U.S. EPA approval to sell repaired diesels - Bloomberg
* Volkswagen says it has U.S. EPA approval to sell repaired
diesels - Bloomberg
Source text : https://bloom.bg/2oiJXyQ
Further company coverage:
Read more
diesels - Bloomberg
Source text : https://bloom.bg/2oiJXyQ
Further company coverage:
Read more
Kellogg evacuates headquarters in Michigan after Freon leak
March 29 (Reuters) - The southern Michigan headquarters of
food producer Kellogg Co were evacuated and nearly two
dozen people were transported to hospital for treatment due to a
Freon leak on Wednesday, fire and company officials said.
Read more
food producer Kellogg Co were evacuated and nearly two
dozen people were transported to hospital for treatment due to a
Freon leak on Wednesday, fire and company officials said.
Read more
Synovus to buy Cabela's financial unit - source
March 29 (Reuters) - Synovus Financial Corp will buy
the financial unit of outdoor goods retailer Cabela's Inc
, a source familiar with the matter told Reuters.
Read more
the financial unit of outdoor goods retailer Cabela's Inc
, a source familiar with the matter told Reuters.
Read more
BRIEF-Terravia Holdings on March 29, 2017, took steps to decrease operating expenses through reduction in workforce of about 25 pct
* Terravia Holdings -on March 29, 2017, took steps to
decrease operating expenses through a reduction in workforce of
approximately 25%
Read more
decrease operating expenses through a reduction in workforce of
approximately 25%
Read more
Amazon moving staff at Quidsi parenting products unit after losses
March 29 (Reuters) - Amazon.com Inc said on
Wednesday it was moving staff out of its Quidsi nursery, beauty
and pet products subsidiary after the business failed to turn a
profit.
Read more
Wednesday it was moving staff out of its Quidsi nursery, beauty
and pet products subsidiary after the business failed to turn a
profit.
Read more
UPDATE 1-Indian regulator says Agrium-Potash merger likely to hurt competition
NEW DELHI/WINNIPEG, March 29 (Reuters) - India's competition
regulator said the proposed merger of fertilizer producers
Agrium Inc and Potash Corp of Saskatchewan Inc
is likely to hurt competition, but the comments were not
expected to prevent the merger.
Read more
regulator said the proposed merger of fertilizer producers
Agrium Inc and Potash Corp of Saskatchewan Inc
is likely to hurt competition, but the comments were not
expected to prevent the merger.
Read more
BRIEF-Vanderbilt Health Affiliated Network, Humana enter value-based agreement
* Vanderbilt Health Affiliated Network, Humana enter
value-based agreement to benefit medicare advantage patients
Read more
value-based agreement to benefit medicare advantage patients
Read more
BRIEF-Amazon to shut Quidsi unit after failure to reach profitability - Bloomberg
* Amazon to shut Quidsi unit after failure to reach
profitability - Bloomberg
Source text: https://bloom.bg/2ohKgd2
Read more
profitability - Bloomberg
Source text: https://bloom.bg/2ohKgd2
Read more
BRIEF-Google says bringing Google Calendar to the iPad
* Says "bringing Google Calendar to the iPad"
Source text: (http://bit.ly/2njG3ou)
Further company coverage:
(Bengaluru Newsroom: +91 806 749 1136)
Read more
Source text: (http://bit.ly/2njG3ou)
Further company coverage:
(Bengaluru Newsroom: +91 806 749 1136)
Read more
U.S. FDA nominee moves to untangle potential conflicts of interest
March 29 (Reuters) - Dr. Scott Gottlieb, President Donald
Trump's nominee to lead the U.S. Food and Drug Administration,
has outlined measures he would take to untangle his ties to the
pharmaceutical industry if confirmed by the Senate.
Read more
Trump's nominee to lead the U.S. Food and Drug Administration,
has outlined measures he would take to untangle his ties to the
pharmaceutical industry if confirmed by the Senate.
Read more
BRIEF-Facebook says Live 360 now available globally to all profiles and pages - Blog
* Says Live 360 now available globally to all profiles and
pages - Blog
Source text : (http://bit.ly/2ohoNB8)
Further company coverage:
Read more
pages - Blog
Source text : (http://bit.ly/2ohoNB8)
Further company coverage:
Read more
EMERGING MARKETS-Mexico peso strengthens on oil, rate hike bets
SAO PAULO, March 29 (Reuters) - The Mexican peso
strengthened on Wednesday, supported by rising oil prices and
bets that the central bank will increase interest rates this
week.
The peso firmed 1 percent after losing 1.4 percent
in the previous two days.
Traders expect Mexico's central bank to raise its benchmark
interest rate this week for the fifth meeting in a row but at a
slower pace following the peso's recent rally.
Bets that U.S. President Donald Trump will not impose big
Read more
strengthened on Wednesday, supported by rising oil prices and
bets that the central bank will increase interest rates this
week.
The peso firmed 1 percent after losing 1.4 percent
in the previous two days.
Traders expect Mexico's central bank to raise its benchmark
interest rate this week for the fifth meeting in a row but at a
slower pace following the peso's recent rally.
Bets that U.S. President Donald Trump will not impose big
Read more
France says Indonesia signs tentative deal to buy A400M
PARIS, March 29 (Reuters) - Indonesia has signed a letter of
intent to buy Airbus A400M military aircraft, the
office of French President Francois Hollande said on Wednesday.
Read more
intent to buy Airbus A400M military aircraft, the
office of French President Francois Hollande said on Wednesday.
Read more
U.S. meal kit service Blue Apron hires bankers for IPO -sources
SAN FRANCISCO, March 29 (Reuters) - Blue Apron, the biggest
U.S. meal kit company, has hired investment bankers to lead its
2017 initial public offering, according to people familiar with
the matter.
Read more
U.S. meal kit company, has hired investment bankers to lead its
2017 initial public offering, according to people familiar with
the matter.
Read more
Toronto-Dominion Bank braced for stormy shareholder meeting
TORONTO, March 29 (Reuters) - Executives at Toronto-Dominion
Bank will on Thursday face shareholders for the first
time since media reports suggested branch staff were pressured
to meet sales targets, causing its shares to tumble.
Read more
Bank will on Thursday face shareholders for the first
time since media reports suggested branch staff were pressured
to meet sales targets, causing its shares to tumble.
Read more
Indian regulator says Agrium-Potash merger likely to hurt competition
NEW DELHI, March 29 (Reuters) - India's competition
regulator said the proposed merger between Agrium Inc
and Potash Corp of Saskatchewan Inc was likely to hurt
competition, a government statement said on Wednesday.
Read more
regulator said the proposed merger between Agrium Inc
and Potash Corp of Saskatchewan Inc was likely to hurt
competition, a government statement said on Wednesday.
Read more
BRIEF-Teck Resources says reconfirms annual production guidance
* Teck Resources Ltd - steelmaking coal sales volumes for q2
of 2017 are expected to be at least 6.8 million tonnes
Read more
of 2017 are expected to be at least 6.8 million tonnes
Read more
BRIEF-Amgen enters into agreement with Inovalon and Avalere
* Amgen enters into agreement with Inovalon and Avalere to
engage value-based contracting opportunities
Read more
engage value-based contracting opportunities
Read more
BRIEF-Versar receives audit opinion containing going concern explanation
* Versar- Received audit opinion containing going concern
explanation in connection with audited financial statements of
co for fiscal year ended July 1,2016
Source text:(http://bit.ly/2nuJ06j)
Further company coverage:
Read more
explanation in connection with audited financial statements of
co for fiscal year ended July 1,2016
Source text:(http://bit.ly/2nuJ06j)
Further company coverage:
Read more
BRIEF-Immunovaccine announces positive interim clinical data from Ovarian cancer study
* Immunovaccine announces positive interim clinical data
from ovarian cancer study of DPX-survivac in combination with
epacadostat
Read more
from ovarian cancer study of DPX-survivac in combination with
epacadostat
Read more
BRIEF-Longboard Capital Advisors reports 6.58 pct passive stake in Imprimis Pharmaceuticals
* Longboard Capital Advisors reports 6.58 percent passive
stake in Imprimis Pharmaceuticals Inc as on March 21, 2017
Source text:(http://bit.ly/2mP5PVu)
Further company coverage:
Read more
stake in Imprimis Pharmaceuticals Inc as on March 21, 2017
Source text:(http://bit.ly/2mP5PVu)
Further company coverage:
Read more
BRIEF-Orvana Minerals forecast increase in gold ounces produced to positively impact unitary cash costs
* Orvana Minerals - sees Cil circuit to deliver
substantially higher average gold recoveries of about 80%
compared to recent average gold recoveries of about 55%
Read more
substantially higher average gold recoveries of about 80%
compared to recent average gold recoveries of about 55%
Read more
HIGHLIGHTS-Top trading houses at commodities conference
LAUSANNE, March 29 (Reuters) - Top executives from the
world's largest commodity trading houses discuss trends in
trading at the FT Commodities Global Summit in Lausanne,
Switzerland, this week.
Read more
world's largest commodity trading houses discuss trends in
trading at the FT Commodities Global Summit in Lausanne,
Switzerland, this week.
Read more
GLOBAL MARKETS-Stocks up, formal Brexit start casts shadow over sterling
LONDON, March 29 (Reuters) - European shares rose on
Wednesday, following Wall Street's late surge, while sterling
was the biggest loser on major currency markets ahead of the
formal triggering of Britain's exit process from the European
Union later in the day.
Read more
Wednesday, following Wall Street's late surge, while sterling
was the biggest loser on major currency markets ahead of the
formal triggering of Britain's exit process from the European
Union later in the day.
Read more
Israel's Elbit wins $82 mln Asia-Pacific airborne system deal
* Israeli defence electronics firm Elbit Systems
said on Wednesday it won a deal worth $82 million to supply an
unnamed Asia-Pacific country with an airborne system for use in
intelligence, surveillance, target acquisition and
reconnaissance missions.
Read more
said on Wednesday it won a deal worth $82 million to supply an
unnamed Asia-Pacific country with an airborne system for use in
intelligence, surveillance, target acquisition and
reconnaissance missions.
Read more
South Africa's rand, bonds on back foot on fears of Gordhan exit
JOHANNESBURG, March 29 (Reuters) - South Africa's rand and
government bonds were on the back foot early on Wednesday over
speculation of an imminent cabinet shake-up that could see
Finance Minister Pravin Gordhan removed.
Read more
government bonds were on the back foot early on Wednesday over
speculation of an imminent cabinet shake-up that could see
Finance Minister Pravin Gordhan removed.
Read more
Tuesday, March 28, 2017
GLOBAL MARKETS-Asia stocks up with dollar, sterling cold shouldered on Brexit day
SYDNEY, March 29 (Reuters) - Asian shares inched ahead on
Wednesday while the dollar and commodities held gains as
investors shook off disappointment about U.S. President Donald
Trump's failed healthcare bill and focussed on an improving
outlook for global growth.
Read more
Wednesday while the dollar and commodities held gains as
investors shook off disappointment about U.S. President Donald
Trump's failed healthcare bill and focussed on an improving
outlook for global growth.
Read more
UK Stocks-Factors to watch on March 29
March 29 (Reuters) - Britain's FTSE 100 index is seen opening up 24
points on Wednesday as Britain submits formal notice of its intention to leave
the European Union, according to financial bookmakers.
* TESCO: Tesco, Britain's biggest retailer, remains committed to
its agreed 3.7 billion pound ($4.7 billion) takeover of wholesaler Booker
despite opposition from some big shareholders, its boss said on Tuesday.
* ACACIA: Gold miner Acacia Mining Plc on Tuesday denied
allegation
Read more
points on Wednesday as Britain submits formal notice of its intention to leave
the European Union, according to financial bookmakers.
* TESCO: Tesco, Britain's biggest retailer, remains committed to
its agreed 3.7 billion pound ($4.7 billion) takeover of wholesaler Booker
despite opposition from some big shareholders, its boss said on Tuesday.
* ACACIA: Gold miner Acacia Mining Plc on Tuesday denied
allegation
Read more
Morning News Call - India, March 29
To access the newsletter, click on the link:
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FACTORS TO WATCH
10:30 am: Power Minister Piyush Goyal to speak on UDAY scheme in New Delhi.
11:00 am: Budget session of Parliament continues in New Delhi.
11:30 am: Tata Motors launch event in Mumbai.
03
Read more
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FACTORS TO WATCH
10:30 am: Power Minister Piyush Goyal to speak on UDAY scheme in New Delhi.
11:00 am: Budget session of Parliament continues in New Delhi.
11:30 am: Tata Motors launch event in Mumbai.
03
Read more
Signet Jewelers sued for not disclosing harassment allegations
March 28 (Reuters) - Signet Jewelers Ltd has been
hit with a securities fraud class action lawsuit, accusing the
retailer of failing to disclose facts regarding sexual
harassment allegations against executives at its Sterling
Jewelers unit, court documents showed.
Read more
hit with a securities fraud class action lawsuit, accusing the
retailer of failing to disclose facts regarding sexual
harassment allegations against executives at its Sterling
Jewelers unit, court documents showed.
Read more
BRIEF-Sompo Holdings subsidiary completes acquisition of Endurance Specialty Holdings
* Says subsidiary Sompo Japan Nipponkoa Insurance Inc.
completed acquisition of Endurance Specialty Holdings
Ltd. on March 28 , or March 29(Japan time)
Read more
completed acquisition of Endurance Specialty Holdings
Ltd. on March 28 , or March 29(Japan time)
Read more
UPDATE 1-Toshiba approves Chapter 11 filing for nuclear unit Westinghouse -Nikkei
TOKYO, March 29 (Reuters) - Toshiba Corp's board
has approved a Chapter 11 filing for its U.S. nuclear unit
Westinghouse, the Nikkei business daily reported on Wednesday -
a move that would limit losses that have plunged the Japanese
group into crisis.
Read more
has approved a Chapter 11 filing for its U.S. nuclear unit
Westinghouse, the Nikkei business daily reported on Wednesday -
a move that would limit losses that have plunged the Japanese
group into crisis.
Read more
UPDATE 1-Roche MS drug Ocrevus approved by FDA after 3-month delay
March 28 (Reuters) - The U.S. Food and Drug Administration
(FDA) on Tuesday approved Roche Holding AG's multiple
sclerosis (MS) drug Ocrevus, putting the potential blockbuster
drug back on track after a delay by regulators over
manufacturing issues.
Read more
(FDA) on Tuesday approved Roche Holding AG's multiple
sclerosis (MS) drug Ocrevus, putting the potential blockbuster
drug back on track after a delay by regulators over
manufacturing issues.
Read more
BRIEF-Toronto-Dominion Bank announces intention to buy back common shares through specific share repurchase program in connection with normal course issuer bid
* The Toronto-Dominion Bank announces intention to buy back
common shares through specific share repurchase program in
connection with normal course issuer bid
Read more
common shares through specific share repurchase program in
connection with normal course issuer bid
Read more
UPDATE 1-Brazilian mayor takes issue with Amazon.com in graffiti debate
SAO PAULO, March 28 (Reuters) - Amazon.com Inc dove
into a spirited debate about graffiti in Brazil's biggest city,
drawing a pointed response on Tuesday from Sao Paulo's mayor,
who called the company "opportunist" and challenged it to make a
public donation.
Read more
into a spirited debate about graffiti in Brazil's biggest city,
drawing a pointed response on Tuesday from Sao Paulo's mayor,
who called the company "opportunist" and challenged it to make a
public donation.
Read more
BRIEF-Total Energy Services announces acquisition of shares of Savanna Energy Services on the TSX
* Total Energy Services Inc. announces acquisition of shares
of Savanna Energy Services Corp. on the TSX
Read more
of Savanna Energy Services Corp. on the TSX
Read more
UPDATE 2-Congress sends White House repeal of broadband privacy rules
WASHINGTON, March 28 (Reuters) - The U.S. House voted on
Tuesday 215-205 to repeal regulations requiring internet service
providers to do more to protect customers' privacy than websites
like Alphabet Inc's Google or Facebook Inc.
Read more
Tuesday 215-205 to repeal regulations requiring internet service
providers to do more to protect customers' privacy than websites
like Alphabet Inc's Google or Facebook Inc.
Read more
UPDATE 2-Vertex cystic fibrosis combination succeeds in late-stage trials
March 28 (Reuters) - Vertex Pharmaceuticals Inc
said on Tuesday its Kalydeco cystic fibrosis treatment given
with an experimental drug demonstrated significant improvements
in lung function in a pair of late-stage trials the company
plans to use to seek approval for the combination therapy.
Read more
said on Tuesday its Kalydeco cystic fibrosis treatment given
with an experimental drug demonstrated significant improvements
in lung function in a pair of late-stage trials the company
plans to use to seek approval for the combination therapy.
Read more
UPDATE 2-Wells Fargo to pay $110 mln to settle lawsuit over account abuses
March 28 (Reuters) - Wells Fargo & Co said it agreed
in principle to pay $110 million to settle a lawsuit by
customers challenging its opening of accounts without their
permission, a practice that led to a scandal that cost the
bank's chief executive his job.
Read more
in principle to pay $110 million to settle a lawsuit by
customers challenging its opening of accounts without their
permission, a practice that led to a scandal that cost the
bank's chief executive his job.
Read more
BRIEF-Eagle Bancorp Montana files for mixed shelf of up to $50 mln
* Files for mixed shelf of up to $50.0 million - sec filing
Source text (http://bit.ly/2nJucCS)
Further company coverage:
Read more
Source text (http://bit.ly/2nJucCS)
Further company coverage:
Read more
BRIEF-Albertsons Companies adds liquid eggs to cage-free commitment
* Adding retail liquid eggs to its commitment to exclusively
source cage-free eggs by 2025
Source text for Eikon:
Further company coverage:
Read more
source cage-free eggs by 2025
Source text for Eikon:
Further company coverage:
Read more
BRIEF-SANCHEZ PRODUCTION PARTNERS LP SAYS BOARD ELECTED PATRICIO SANCHEZ AS PRESIDENT
* BOARD OF DIRECTORS OF GENERAL PARTNER OF SPP HAS ELECTED
PATRICIO SANCHEZ AS PRESIDENT
Source text for Eikon:
Further company coverage:
Read more
PATRICIO SANCHEZ AS PRESIDENT
Source text for Eikon:
Further company coverage:
Read more
UPDATE 1-Wells Fargo fails test of community lending -bank
WASHINGTON, March 28 (Reuters) - A U.S. bank regulator has
flunked Wells Fargo on a national scorecard for
community lending, the bank said on Tuesday as it tries to
repair its reputation after a phony-accounts scandal.
Read more
flunked Wells Fargo on a national scorecard for
community lending, the bank said on Tuesday as it tries to
repair its reputation after a phony-accounts scandal.
Read more
HIGHLIGHTS-The Trump presidency on March 28 at 2:40 p.m. EDT/March 28 1840 GMT
March 28 (Reuters) - Highlights of the day for U.S.
President Donald Trump's administration on Tuesday:
Read more
President Donald Trump's administration on Tuesday:
Read more
UPDATE 1-Milestone Apartments REIT unitholders approve takeover
March 28 (Reuters) - Milestone Apartments Real Estate
Investment Trust said on Tuesday that its unitholders
approved the company's takeover by U.S. private investment firm
Starwood Capital Group for about $1.3 billion.
Read more
Investment Trust said on Tuesday that its unitholders
approved the company's takeover by U.S. private investment firm
Starwood Capital Group for about $1.3 billion.
Read more
BRIEF-Pacific Gas And Electric Co says unit, other parties jointly submitted to CPUC settlement agreement
* On March 28, unit, cities of San Bruno, San Carlos, among
others jointly submitted to cpuc settlement agreement -SEC
filing
Read more
others jointly submitted to cpuc settlement agreement -SEC
filing
Read more
BRIEF-FTC requires DaVita to divest assets in relation to Renal Ventures Management deal
* FTC requires kidney dialysis chain DaVita Inc to divest
assets as a condition of acquiring competitor Renal Ventures
Management LLC
Read more
assets as a condition of acquiring competitor Renal Ventures
Management LLC
Read more
UPDATE 1-HeidelbergCement, Schwenk Cemex Croatia deal faces EU veto -sources
BRUSSELS, March 28 (Reuters) - A joint bid by German cement
producers HeidelbergCement and Schwenk for Cemex's
Croatian business faces a European Union veto, two
sources said on Tuesday.
Read more
producers HeidelbergCement and Schwenk for Cemex's
Croatian business faces a European Union veto, two
sources said on Tuesday.
Read more
Toshiba's Westinghouse to file for U.S. bankruptcy Tuesday-sources
TOKYO, March 29 (Reuters) - U.S. nuclear developer
Westinghouse Electric Co plans to seek bankruptcy protection
from creditors on Tuesday as it struggles with losses that have
thrown its Japanese parent Toshiba Corp into crisis,
people familiar with Toshiba's thinking said.
Read more
Westinghouse Electric Co plans to seek bankruptcy protection
from creditors on Tuesday as it struggles with losses that have
thrown its Japanese parent Toshiba Corp into crisis,
people familiar with Toshiba's thinking said.
Read more
UPDATE 1-Hong Kong lifts ban on Brazilian meat imports
BRASÍLIA, March 28 (Reuters) - Hong Kong said on Tuesday it
has lifted a ban on the import of Brazilian meat, removing one
of the last blanket bans by a major importer less than two weeks
into a scandal over health standards in the sector.
Read more
has lifted a ban on the import of Brazilian meat, removing one
of the last blanket bans by a major importer less than two weeks
into a scandal over health standards in the sector.
Read more
BRIEF-Ford Motor invests $1.2 bln in three Michigan facilities
* Says investing $850 million in Michigan assembly plant to
retool plant to build new Ford Ranger and Ford Bronco
Read more
retool plant to build new Ford Ranger and Ford Bronco
Read more
BRIEF-Rapier Gold refutes further misleading comments by Delbrook
* Rapier Gold Inc - shareholder Bob Sangha, CEO of Maxit
Capital, has filed a formal complaint against Delbrook
Read more
Capital, has filed a formal complaint against Delbrook
Read more
Deals of the day-Mergers and acquisitions
March 28 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1015 GMT on Tuesday:
Read more
acquisitions and disposals were reported by 1015 GMT on Tuesday:
Read more
UPDATE 1-Goldcorp, Barrick, team up on Chile gold mine projects
VANCOUVER, March 28 (Reuters) - Goldcorp Inc will
team up with larger peer Barrick Gold Corp to work on
developing gold mines in northern Chile, it said on Tuesday, as
the industry starts to invest in new projects again.
Read more
team up with larger peer Barrick Gold Corp to work on
developing gold mines in northern Chile, it said on Tuesday, as
the industry starts to invest in new projects again.
Read more
MOVES-Aldermore hires risk directors for business finance unit
March 28 (Reuters) - Aldermore Group Plc, a UK-based
specialist lender and savings bank, named Jon Flagg risk
director for asset finance and Clive Gould risk director for
invoice finance.
Read more
specialist lender and savings bank, named Jon Flagg risk
director for asset finance and Clive Gould risk director for
invoice finance.
Read more
Monday, March 27, 2017
Morning News Call - India, March 28
To access the newsletter, click on the link:
http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_03282017.pdf
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FACTORS TO WATCH
10:00 am: Ministry of Earth Sciences Secretary M. Rajeevan and IMD Official
K.J. Ramesh at a workshop in New Delhi.
11:00 am: Budget session of parliament continues New Delhi.
01:15 pm: Electr
Read more
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FACTORS TO WATCH
10:00 am: Ministry of Earth Sciences Secretary M. Rajeevan and IMD Official
K.J. Ramesh at a workshop in New Delhi.
11:00 am: Budget session of parliament continues New Delhi.
01:15 pm: Electr
Read more
Milestone Apartments REIT unitholders approve takeover by Starwood - sources
TORONTO, March 27 (Reuters) - Unitholders of Milestone
Apartments Real Estate Investment Trust have approved
the takeover of the company by U.S. private investment firm
Starwood Capital Group for about $1.3 billion, according to
people familiar with the situation.
Read more
Apartments Real Estate Investment Trust have approved
the takeover of the company by U.S. private investment firm
Starwood Capital Group for about $1.3 billion, according to
people familiar with the situation.
Read more
BRIEF-Sun Life Financial announces executive changes
* Kevin Strain, currently president, Sun Life Financial
Asia, will become executive vice-president & chief financial
officer
Read more
Asia, will become executive vice-president & chief financial
officer
Read more
BRIEF-VivoPower announces partial sale of 43 MW solar project in North Carolina
* VivoPower International Plc announces substantial
completion and partial sale of 43 MW solar project in North
Carolina
Source text for Eikon:
Further company coverage:
Read more
completion and partial sale of 43 MW solar project in North
Carolina
Source text for Eikon:
Further company coverage:
Read more
UPDATE 7-Trump son-in-law met executives of sanctioned Russian bank; will testify
MOSCOW/WASHINGTON, March 27 (Reuters) - A Russian bank under
Western economic sanctions over Russia's incursion into Ukraine
disclosed on Monday that its executives had met Jared Kushner,
President Donald Trump's son-in-law and a top White House
adviser, during the 2016 election campaign.
Read more
Western economic sanctions over Russia's incursion into Ukraine
disclosed on Monday that its executives had met Jared Kushner,
President Donald Trump's son-in-law and a top White House
adviser, during the 2016 election campaign.
Read more
Brazil's CSN to miss earnings reporting deadline
SAO PAULO, March 27 (Reuters) - Cia Siderúrgica Nacional SA,
Brazil's No. 2 listed flat steelmaker, said on Monday that it
would miss a regulatory deadline to file fourth-quarter results
in the face of an internal reorganization plan.
Read more
Brazil's No. 2 listed flat steelmaker, said on Monday that it
would miss a regulatory deadline to file fourth-quarter results
in the face of an internal reorganization plan.
Read more
PRESS DIGEST- British Business - March 28
March 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
the business pages of British newspapers. Reuters has not
verified these stories and does not vouch for their accuracy.
Read more
Taiwan company says name used in $100 million email fraud
VILNIUS/TAIPEI, March 28 (Reuters) - Taiwan-based
electronics manufacturer Quanta Computer Inc has
acknowledged that its name was used as part of an email fraud
scheme that bilked two U.S.-based internet companies out of more
than $100 million.
Read more
electronics manufacturer Quanta Computer Inc has
acknowledged that its name was used as part of an email fraud
scheme that bilked two U.S.-based internet companies out of more
than $100 million.
Read more
BRIEF-New Millennium Iron announces Q4 loss per share C$0.01
* New Millennium Iron Corp. announces financial results for
the fourth quarter and year ended December 31, 2016
Read more
the fourth quarter and year ended December 31, 2016
Read more
Brazil's Odebrecht O&G mulls out-of-court workout -sources
SAO PAULO, March 27 (Reuters) - Odebrecht Óleo & Gás SA, the
offshore oil drilling firm owned by Brazil's Odebrecht SA
, could seek an out-of-court reorganization with
creditors to speed up the restructuring of $5 billion in debts,
two people familiar with the plan said on Monday.
Read more
offshore oil drilling firm owned by Brazil's Odebrecht SA
, could seek an out-of-court reorganization with
creditors to speed up the restructuring of $5 billion in debts,
two people familiar with the plan said on Monday.
Read more
Brazilian retailer GPA plans $384 mln capital spending plan this year
SAO PAULO, March 27 (Reuters) - GPA SA, Brazil's largest
diversified retailer, plans to invest as much as 1.2 billion
reais ($384 million) this year to bolster growth in supermarket,
cash-and-carry and real estate.
Read more
diversified retailer, plans to invest as much as 1.2 billion
reais ($384 million) this year to bolster growth in supermarket,
cash-and-carry and real estate.
Read more
BRIEF-Ecology and Environment says board is sending a letter to shareholders in connection with co's 2017 annual meeting of shareholders
* Ecology and Environment Inc says board is sending a letter
to shareholders in connection with co's 2017 annual meeting of
shareholders
Read more
to shareholders in connection with co's 2017 annual meeting of
shareholders
Read more
BRIEF-Whitebox Advisors LLC reports 5.1 pct passive stake in Ultra Petroleum Corp as of March 15
* Whitebox Advisors LLC reports 5.1 percent passive stake in
Ultra Petroleum Corp as of March 15
Source text: [http://bit.ly/2nZq2aF]
Further company coverage:
Read more
Ultra Petroleum Corp as of March 15
Source text: [http://bit.ly/2nZq2aF]
Further company coverage:
Read more
BRIEF-Darden Restaurants to buy Cheddar's Scratch Kitchen for $780 mln
* Darden Restaurants agrees to acquire Cheddar's Scratch
Kitchen for $780 million; adds a casual dining value leader to
Darden's portfolio of differentiated brands
Read more
Kitchen for $780 million; adds a casual dining value leader to
Darden's portfolio of differentiated brands
Read more
BRIEF-Elon musk launches new company called Neuralink Corp - WSJ
* Tesla Inc founder Elon Musk launches another company
called Neuralink Corp with aims to implant tiny electrodes in
human brains - WSJ, citing sources
Source text : http://on.wsj.com/2orKIon
Further company coverage:
Read more
called Neuralink Corp with aims to implant tiny electrodes in
human brains - WSJ, citing sources
Source text : http://on.wsj.com/2orKIon
Further company coverage:
Read more
UPDATE 3-Bill Gross, Pimco settle lawsuit over his exit for $81 mln -sources
NEW YORK, March 27 (Reuters) - Bill Gross has reached a
roughly $81 million settlement of his lawsuit against Pacific
Investment Management Co, ending a bitter 2-1/2-year drama over
the well-known bond investor's abrupt departure from one of the
world's biggest asset managers.
Read more
roughly $81 million settlement of his lawsuit against Pacific
Investment Management Co, ending a bitter 2-1/2-year drama over
the well-known bond investor's abrupt departure from one of the
world's biggest asset managers.
Read more
BRIEF-Suez says successfully placed 1.2 bln euros to finance GE Water acquisition
* France's Suez said on Monday that following an
announcement on March 8th of a project to acquire GE Water &
Process Technologies together with Caisse de dépôt et placement
du Québec, it has successfully priced an offering of 1.2 billion
euros ($1.30 billion) in senior unsecured notes that constitutes
the first step in refinancing the acquisition.Source text for
Eikon:
Further company coverage:
($1 = 0.9200 euros)
(Reporting by Paris Newsroom)
Read more
announcement on March 8th of a project to acquire GE Water &
Process Technologies together with Caisse de dépôt et placement
du Québec, it has successfully priced an offering of 1.2 billion
euros ($1.30 billion) in senior unsecured notes that constitutes
the first step in refinancing the acquisition.Source text for
Eikon:
Further company coverage:
($1 = 0.9200 euros)
(Reporting by Paris Newsroom)
Read more
BRIEF-Meritage Homes CEO Steven Hilton's FY 2016 total compensation was $7.36 mln
* CEO Steven Hilton's FY 2016 total compensation was $7.36
million versus $5.53 million in FY 2015 - sec filing
Source text : http://bit.ly/2oqMgig
Further company coverage:
Read more
million versus $5.53 million in FY 2015 - sec filing
Source text : http://bit.ly/2oqMgig
Further company coverage:
Read more
BRIEF-Eco Oro Minerals believes OSC and BSCS will find shareholder applications to be without merit
* believes Ontario Securities Commission and British
Columbia Securities Commission will find shareholder
applications to be without merit
Source text for Eikon:
Further company coverage:
Read more
Columbia Securities Commission will find shareholder
applications to be without merit
Source text for Eikon:
Further company coverage:
Read more
Bill Gross settles Pimco lawsuit for over $81 mln - CNBC
NEW YORK, March 27 (Reuters) - Pimco co-founder Bill Gross
has settled his lawsuit against his former employer for just
over $81 million, CNBC reported Monday, citing sources.
Read more
has settled his lawsuit against his former employer for just
over $81 million, CNBC reported Monday, citing sources.
Read more
UPDATE 1-Angola trims May crude exports to boost OPEC compliance
(Adds OPEC compliance)
LONDON, March 27 (Reuters) - Angola's state-run Sonangol has
taken two cargoes out of its planned May exports in a move to
boost its compliance with an OPEC deal to curb production, an
oil trader familiar with Angolan loading plans said on Monday.
A revised loading programme showed the country's exports
were now set at 1.61 million barrels per day (bpd) from 52
cargoes, down from 1.67 million bpd from 54 cargoes initially.
The source said the two cargo loadin
Read more
LONDON, March 27 (Reuters) - Angola's state-run Sonangol has
taken two cargoes out of its planned May exports in a move to
boost its compliance with an OPEC deal to curb production, an
oil trader familiar with Angolan loading plans said on Monday.
A revised loading programme showed the country's exports
were now set at 1.61 million barrels per day (bpd) from 52
cargoes, down from 1.67 million bpd from 54 cargoes initially.
The source said the two cargo loadin
Read more
BRIEF-ICAD says receives FDA approval for PowerLook Tomo Detection
* ICAD receives FDA approval for PowerLook Tomo Detection
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +91 806 749 1136)
Read more
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +91 806 749 1136)
Read more
UPDATE 1-Saudi Arabia sweetens huge Aramco IPO with tax cut
* Tax cut brings Aramco in line with global standards -CEO
(Recasts with implications for Aramco IPO)
Read more
(Recasts with implications for Aramco IPO)
Read more
South Africa's Gordhan to arrive back home on Tuesday morning - Treasury
JOHANNESBURG, March 27 (Reuters) - South Africa's Finance
Minister Pravin Gordhan will arrive in the country on Tuesday
morning after President Jacob Zuma asked him to return home
immediately from an investor roadshow abroad, the Treasury said
on Monday.
Read more
Minister Pravin Gordhan will arrive in the country on Tuesday
morning after President Jacob Zuma asked him to return home
immediately from an investor roadshow abroad, the Treasury said
on Monday.
Read more
BRIEF-Sturm Ruger CEO Fifer's 2016 total compensation $4.3 mln
* Sturm Ruger & Company Inc - CEO Michael Fifer's 2016
total compensation was $4.3 million versus $2.5 million in 2015
- SEC filing
Source: (http://bit.ly/2nndfMy)
Further company coverage:
Read more
total compensation was $4.3 million versus $2.5 million in 2015
- SEC filing
Source: (http://bit.ly/2nndfMy)
Further company coverage:
Read more
U.S. Supreme Court refuses to hear Vimeo music copyright dispute
WASHINGTON, March 27 (Reuters) - The U.S. Supreme Court on
Monday refused to hear a bid by major record labels to revive
copyright infringement claims against video-sharing website
Vimeo LLC for hosting content that included songs by famed bands
such as the Beatles, the Jackson 5 and the Beach Boys without
permission.
Read more
Monday refused to hear a bid by major record labels to revive
copyright infringement claims against video-sharing website
Vimeo LLC for hosting content that included songs by famed bands
such as the Beatles, the Jackson 5 and the Beach Boys without
permission.
Read more
BRIEF-China Southern Airlines' A-share trade to resume on March 28
* Says trading in A-shares to resume on March 28 after it is
in talks over a tie-up with American Airlines Group Inc
Read more
in talks over a tie-up with American Airlines Group Inc
Read more
Siemens pledges commitment to post-Brexit UK
FRANKFURT, March 27 (Reuters) - German engineering group
Siemens said it was committed for the long term to
Britain, which will begin the formal process of leaving the
European Union on Wednesday.
Read more
Siemens said it was committed for the long term to
Britain, which will begin the formal process of leaving the
European Union on Wednesday.
Read more
BRIEF-Dean Foods Co CEO Gregg Tanner's 2016 total compensation was $22.5 million
* Dean Foods Co CEO Gregg Tanner's 2016 total compensation
was $22.5 million versus $9.6 million in 2015
Source text:(http://bit.ly/2nXz5ZT)
Further company coverage:
Read more
was $22.5 million versus $9.6 million in 2015
Source text:(http://bit.ly/2nXz5ZT)
Further company coverage:
Read more
Israeli companies to set up Latin American cyber defence centre
JERUSALEM, March 27 (Reuters) - A group of Israeli companies
led by state-owned defence contractor Israel Aerospace Industry
(IAI) has won a deal worth tens of millions of dollars to
establish a national cyber centre in an unnamed Latin American
country.
Read more
led by state-owned defence contractor Israel Aerospace Industry
(IAI) has won a deal worth tens of millions of dollars to
establish a national cyber centre in an unnamed Latin American
country.
Read more
BRIEF-Air Lease Corporation announces lease placement of two new boeing 787-9 dreamliners with Air Canada
* Air Lease Corporation announces lease placement of two new
boeing 787-9 dreamliners with Air Canada
Read more
boeing 787-9 dreamliners with Air Canada
Read more
BRIEF-Dow and Dupont receive conditional approval from European Commission for proposed merger of equals
* Dow and Dupont receive conditional approval from european
commission for proposed merger of equals
Read more
commission for proposed merger of equals
Read more
China's CRRC Corp wins LA metro contract worth up to $647 mln
SHANGHAI, March 27 (Reuters) - Chinese rail car manufacturer
CRRC Corp will build 64 subway cars for
the Los Angeles metro as part of an order that could be worth as
much as $647 million.
Read more
CRRC Corp will build 64 subway cars for
the Los Angeles metro as part of an order that could be worth as
much as $647 million.
Read more
Gilead hepatitis C drug patent faces European challenge
LONDON, March 27 (Reuters) - Two international medical
humanitarian organisations said on Monday they had challenged
the patent on Gilead Sciences' hepatitis C drug
sofosbuvir at the European Patent Office in order to increase
access to the treatment.
Read more
humanitarian organisations said on Monday they had challenged
the patent on Gilead Sciences' hepatitis C drug
sofosbuvir at the European Patent Office in order to increase
access to the treatment.
Read more
BRIEF-Nokia says smartphone malware infection rates rose nearly 400 pct in 2016
* Says mobile device malware infection rates increased
steadily in 2016, reaching an all-time high
Read more
steadily in 2016, reaching an all-time high
Read more
Israeli real estate developer Gazit-Globe Q4 profit jumps
* Gazit-Globe, Israel's largest real estate
development firm, posted on Monday a more than doubling in
fourth quarter net profit, boosted by a fair value gain from
investment property.
Read more
development firm, posted on Monday a more than doubling in
fourth quarter net profit, boosted by a fair value gain from
investment property.
Read more
Sunday, March 26, 2017
Nikkei tumbles as safe-haven yen surges on Trump healthcare defeat
TOKYO, March 27 (Reuters) - Japan's Nikkei share average
skidded 1.4 percent on Monday, wallowing at a six-week low and
deepening last week's 1.3 percent loss, on pressure from a
resurgent yen.
Read more
skidded 1.4 percent on Monday, wallowing at a six-week low and
deepening last week's 1.3 percent loss, on pressure from a
resurgent yen.
Read more
UPDATE 1-UK Stocks-Factors to watch on March 27
March 27 (Reuters) - Britain's FTSE 100 index is seen opening down
17 points at 7,294 on Monday, according to financial bookmakers, with futures
down 0.7 percent ahead of the cash market open.
Read more
17 points at 7,294 on Monday, according to financial bookmakers, with futures
down 0.7 percent ahead of the cash market open.
Read more
UK Stocks-Factors to watch on March 27
March 27 (Reuters) - Britain's FTSE 100 index is seen opening down
17 points at 7,294 on Monday, according to financial bookmakers.
* SHELL: Royal Dutch Shell Plc and Anadarko Petroleum Corp
may let a 10-year joint venture in the oil-rich Permian Basin of Texas expire
and split their properties, hoping to speed up development, according to a
senior Shell executive.
* BT: UK's Office of Communications said BT Group Plc would be fined
42 million pounds for breaching contracts with
Read more
17 points at 7,294 on Monday, according to financial bookmakers.
* SHELL: Royal Dutch Shell Plc and Anadarko Petroleum Corp
may let a 10-year joint venture in the oil-rich Permian Basin of Texas expire
and split their properties, hoping to speed up development, according to a
senior Shell executive.
* BT: UK's Office of Communications said BT Group Plc would be fined
42 million pounds for breaching contracts with
Read more
UPDATE 1-Citigroup aims to double South Korea wealth assets by 2020
* Has close to 3 mln consumer banking clients in South Korea
(Adds details on Citi wealth business in Asia, executive
comments)
Read more
(Adds details on Citi wealth business in Asia, executive
comments)
Read more
PRESS DIGEST- New York Times business news - March 27
March 27 (Reuters) - The following are the top stories on
the New York Times business pages. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
the New York Times business pages. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
Nikkei tumbles as safe-haven yen surges on Trump healthcare reform rout
TOKYO, March 27 (Reuters) - Japan's Nikkei share average
skidded on Monday, battered by a resurgent yen and deepening
last week's 1.3 percent loss.
Read more
skidded on Monday, battered by a resurgent yen and deepening
last week's 1.3 percent loss.
Read more
Morning News Call - India, March 27
To access the newsletter, click on the link:
http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_03272017.pdf
If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/
FACTORS TO WATCH
11:00 am: Budget session of Parliament continues in New Delhi.
06:00 pm: RBI Deputy Governor S. S. Mundra to speak at an event in Mumbai.
07:45 pm: Prime Minister Narendra Modi to speak at Econom
Read more
http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_03272017.pdf
If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/
FACTORS TO WATCH
11:00 am: Budget session of Parliament continues in New Delhi.
06:00 pm: RBI Deputy Governor S. S. Mundra to speak at an event in Mumbai.
07:45 pm: Prime Minister Narendra Modi to speak at Econom
Read more
UPDATE 1-METALS-London copper wobbles in wake of Trump healthcare setback
MELBOURNE, March 27 (Reuters) - London copper slipped for a
third day on Monday as risk appetite fell after President Donald
Trump's failure to push through healthcare reform fanned
concerns over his ability to realise his economic agenda.
Read more
third day on Monday as risk appetite fell after President Donald
Trump's failure to push through healthcare reform fanned
concerns over his ability to realise his economic agenda.
Read more
UPDATE 1-United Airlines bars teenage girls in leggings from flight
March 26 (Reuters) - At least two girls wearing leggings
were barred from boarding a United Airlines flight on
Sunday because they did not meet a dress code for special pass
travelers, the company said in a statement on Twitter amid a
social media furor.
Read more
were barred from boarding a United Airlines flight on
Sunday because they did not meet a dress code for special pass
travelers, the company said in a statement on Twitter amid a
social media furor.
Read more
PRESS DIGEST- British Business - March 27
March 27 (Reuters) - The following are the top stories on
the business pages of British newspapers. Reuters has not
verified these stories and does not vouch for their accuracy.
Read more
the business pages of British newspapers. Reuters has not
verified these stories and does not vouch for their accuracy.
Read more
GLOBAL MARKETS-Equities take a spill on Trump healthcare setback; bonds shine
HONG KONG, March 27 (Reuters) - Asian stocks are set to
start the week on a cautious note as President Donald Trump's
stunning failure to get healthcare reform passed raised concerns
about the prospects for his plans to use fiscal stimulus to
boost economic growth.
Read more
start the week on a cautious note as President Donald Trump's
stunning failure to get healthcare reform passed raised concerns
about the prospects for his plans to use fiscal stimulus to
boost economic growth.
Read more
RPT-Yingde Gases "accidental win" for minorities fans sparks of activism
HONG KONG, March 24 (Reuters) - The messy battle to control
China's largest producer of industrial gases has turned into a
serendipitous victory for minority investors that could
encourage more shareholder activism in Asia.
Read more
China's largest producer of industrial gases has turned into a
serendipitous victory for minority investors that could
encourage more shareholder activism in Asia.
Read more
U.S. equity futures drop 0.3 percent
March 26 (Reuters) - U.S. equity index futures dropped at
the open on Sunday, after President Donald Trump's stunning
political setback on Friday when Republican leaders pulled
legislation to overhaul the U.S. healthcare system.
Read more
the open on Sunday, after President Donald Trump's stunning
political setback on Friday when Republican leaders pulled
legislation to overhaul the U.S. healthcare system.
Read more
UPDATE 1-U.S. equity futures drop 0.5 percent
March 26 (Reuters) - U.S. equity index futures dropped at
the open on Sunday, after President Donald Trump's stunning
political setback on Friday when Republican leaders pulled
legislation to overhaul the U.S. healthcare system.
Read more
the open on Sunday, after President Donald Trump's stunning
political setback on Friday when Republican leaders pulled
legislation to overhaul the U.S. healthcare system.
Read more
Norwegian bank DNB sells its share of Dakota pipeline funding
OSLO, March 26 (Reuters) - Norwegian bank DNB has
sold its share of loans funding the Dakota Access oil pipeline,
it said on Sunday, ending its involvement in a project that has
faced strong opposition from Native Americans and environmental
groups.
Read more
sold its share of loans funding the Dakota Access oil pipeline,
it said on Sunday, ending its involvement in a project that has
faced strong opposition from Native Americans and environmental
groups.
Read more
HIGHLIGHTS-The Trump presidency on March 26 at 3:25 p.m. EDT/1925 GMT
March 26 (Reuters) - Highlights of the day for U.S.
President Donald Trump's administration on Sunday:
Read more
President Donald Trump's administration on Sunday:
Read more
Viacom's shares could jump 40 percent -Barron's
March 26 (Reuters) - Shares of Viacom Inc could
rise 40 percent in the next year as the New York-based media
company's new CEO Bob Bakish focuses on its Paramount Pictures
studio and a handful of its networks to turn the business
around, according to Barron's.
Read more
rise 40 percent in the next year as the New York-based media
company's new CEO Bob Bakish focuses on its Paramount Pictures
studio and a handful of its networks to turn the business
around, according to Barron's.
Read more
RPT-Wall St Week Ahead-Bull market not dead as tax reform takes spotlight
NEW YORK, March 24 (Reuters) - The death of the Republican
healthcare reform may not prove to be the knife to the heart of
the bull market some had feared, but to keep the Trump Trade
alive investors should temper expectations for the breadth of
expected tax cuts.
Read more
healthcare reform may not prove to be the knife to the heart of
the bull market some had feared, but to keep the Trump Trade
alive investors should temper expectations for the breadth of
expected tax cuts.
Read more
SVB Financial shares could jump 25 percent in next year-Barron's
March 26 (Reuters) - Shares of SVB Financial Group,
the parent of Silicon Valley Bank, could rise 25 percent in the
next year due to higher interest rates, lower taxes and a
revived initial public offering market, according to Barron's.
Read more
the parent of Silicon Valley Bank, could rise 25 percent in the
next year due to higher interest rates, lower taxes and a
revived initial public offering market, according to Barron's.
Read more
China Southern Airlines in talks over American Airlines cooperation deal
SHANGHAI, March 26 (Reuters) - China Southern Airlines
is negotiating a potential strategic
tie-up with American Airlines that could involve a share
issue and other forms of business cooperation, it said on
Sunday.
Read more
is negotiating a potential strategic
tie-up with American Airlines that could involve a share
issue and other forms of business cooperation, it said on
Sunday.
Read more
UPDATE 1-Iran sanctions 15 U.S. firms, citing human rights abuses and Israel ties
DUBAI, March 26 (Reuters) - Iran has imposed sanctions on 15
U.S. companies for alleged human rights violations and
cooperating with Israel, the state news agency IRNA reported on
Sunday, in a tit-for-tat reaction to a move by Washington.
Read more
U.S. companies for alleged human rights violations and
cooperating with Israel, the state news agency IRNA reported on
Sunday, in a tit-for-tat reaction to a move by Washington.
Read more
Old Mutual sells U.S. fund arm stake to China's HNA
LONDON, March 26 (Reuters) - Anglo-South African financial
services firm Old Mutual said it has sold a 25 percent
stake in its U.S. fund management arm to China's HNA
for $446 million, as part of its plan to split itself
into four companies.
Read more
services firm Old Mutual said it has sold a 25 percent
stake in its U.S. fund management arm to China's HNA
for $446 million, as part of its plan to split itself
into four companies.
Read more
Iran sanctions 15 U.S. firms, citing human rights and Israel ties
DUBAI, March 26 (Reuters) - Iran has imposed sanctions on 15
U.S. companies for alleged human rights violations and
cooperating with Israel, the state news agency IRNA reported on
Sunday.
Read more
U.S. companies for alleged human rights violations and
cooperating with Israel, the state news agency IRNA reported on
Sunday.
Read more
UPDATE 1-UK minister says encryption on messaging services is unacceptable
LONDON, March 26 (Reuters) - Technology companies must
cooperate more with law enforcement agencies and should stop
offering a "secret place for terrorists to communicate" using
encrypted messages, British interior minister Amber Rudd said on
Sunday.
Read more
cooperate more with law enforcement agencies and should stop
offering a "secret place for terrorists to communicate" using
encrypted messages, British interior minister Amber Rudd said on
Sunday.
Read more
End-to-end encryption on messaging services is unacceptable-UK minister
LONDON, March 26 (Reuters) - British interior minister Amber
Rudd said on Sunday end-to-end encryption of messages offered by
services like Whatsapp are "completely unacceptable" and there
should be no "secret place for terrorists to communicate".
Read more
Rudd said on Sunday end-to-end encryption of messages offered by
services like Whatsapp are "completely unacceptable" and there
should be no "secret place for terrorists to communicate".
Read more
MIDEAST STOCKS - Factors to watch - Mar 26
DUBAI, March 26 (Reuters) - Here are some factors that may
affect Middle East stock markets on Sunday. Reuters has not
verified the press reports and does not vouch for their
accuracy.
Read more
affect Middle East stock markets on Sunday. Reuters has not
verified the press reports and does not vouch for their
accuracy.
Read more
Saturday, March 25, 2017
Uber suspends self-driving car program after Arizona crash
March 25 (Reuters) - Uber Technologies Inc
suspended its pilot program for driverless cars on Saturday
after a vehicle equipped with the nascent technology crashed on
an Arizona roadway, the ride-hailing company and local police
said.
Read more
suspended its pilot program for driverless cars on Saturday
after a vehicle equipped with the nascent technology crashed on
an Arizona roadway, the ride-hailing company and local police
said.
Read more
South Africa's Gordhan to court investors in Britain, U.S.
JOHANNESBURG, March 25 (Reuters) - South African Finance
Minister Pravin Gordhan embarks on a week-long non-deal investor
roadshow in Britain and the United States on Monday as weak
economic growth and ruling party tensions put the country's
investment grade at risk.
Read more
Minister Pravin Gordhan embarks on a week-long non-deal investor
roadshow in Britain and the United States on Monday as weak
economic growth and ruling party tensions put the country's
investment grade at risk.
Read more
Chinese court rules in favour of Apple in local design patent disputes
BEIJING, March 25 (Reuters) - A Chinese court has ruled in
favour of Apple in design patent disputes between the
Cupertino, California company and a domestic phone-maker,
overturning a ban on selling iPhone 6 and iPhone 6 Plus phones
in China, Xinhua news agency reported.
Read more
favour of Apple in design patent disputes between the
Cupertino, California company and a domestic phone-maker,
overturning a ban on selling iPhone 6 and iPhone 6 Plus phones
in China, Xinhua news agency reported.
Read more
UPDATE 1-China lifts suspension on Brazilian meat imports
BRASILIA/BEIJING, March 25 (Reuters) - China lifted its
suspension on imports of Brazilian meat on Saturday following
clarification of inspection irregularities uncovered in a police
investigation into alleged bribery of health officials, Brazil's
Agriculture Minister Blairo Maggi said.
Read more
suspension on imports of Brazilian meat on Saturday following
clarification of inspection irregularities uncovered in a police
investigation into alleged bribery of health officials, Brazil's
Agriculture Minister Blairo Maggi said.
Read more
China's C919 passenger jet moves closer to maiden flight - Xinhua
BEIJING, March 25 (Reuters) - China's C919 passenger jet,
the symbol of its lofty aviation ambitions, has passed a major
technical assessment, and has moved closer to its first flight,
the official Xinhua news agency reported on Saturday.
Read more
the symbol of its lofty aviation ambitions, has passed a major
technical assessment, and has moved closer to its first flight,
the official Xinhua news agency reported on Saturday.
Read more
BRIEF-Dollar General files for potential mixed shelf offering - SEC filing
* Files for potential mixed shelf offering; size not
disclosed - SEC filing
Source text: (http://bit.ly/2nOuzNg)
Further company coverage:
Read more
disclosed - SEC filing
Source text: (http://bit.ly/2nOuzNg)
Further company coverage:
Read more
Friday, March 24, 2017
UPDATE 2-'Operation Weak Flesh' takes bite out of Brazil's meat exports
SAO PAULO, March 24 (Reuters) - Brazil's meat exports have
fallen sharply since a police investigation into alleged bribery
of food-sanitation inspectors in the world's top beef and
poultry exporter sparked a wave of trade bans, an industry group
said on Friday.
Read more
fallen sharply since a police investigation into alleged bribery
of food-sanitation inspectors in the world's top beef and
poultry exporter sparked a wave of trade bans, an industry group
said on Friday.
Read more
BRIEF-Sprott Inc announces historical early warning disclosure filing relating to acquisition of securities of Sprott Resource Holdings Inc
* Sprott Inc announces historical early warning disclosure
filing relating to acquisition of securities of Sprott Resource
Holdings Inc.
Read more
filing relating to acquisition of securities of Sprott Resource
Holdings Inc.
Read more
Tesla to take orders for solar roof tiles starting April
March 24 (Reuters) - Tesla Motors Inc will start
taking orders for its solar roof tiles in April, Chief Executive
Elon Musk said in a Tweet on Friday.
Read more
taking orders for its solar roof tiles in April, Chief Executive
Elon Musk said in a Tweet on Friday.
Read more
Brazil's Vale says U.S. court annuls most of class action over dam disaster
SAO PAULO, March 24 (Reuters) - Brazilian miner Vale SA
said on Friday the United States District Court for
the Southern District of New York annulled the majority of a
class action lawsuit against the company and executives over the
collapse of a tailings dam in Brazil in 2015.
Read more
said on Friday the United States District Court for
the Southern District of New York annulled the majority of a
class action lawsuit against the company and executives over the
collapse of a tailings dam in Brazil in 2015.
Read more
Wall St Week Ahead-Bull market not dead as tax reform takes spotlight
NEW YORK, March 24 (Reuters) - The death of the Republican
healthcare reform may not prove to be the knife to the heart of
the bull market some had feared, but to keep the Trump Trade
alive investors should temper expectations for the breadth of
expected tax cuts.
Read more
healthcare reform may not prove to be the knife to the heart of
the bull market some had feared, but to keep the Trump Trade
alive investors should temper expectations for the breadth of
expected tax cuts.
Read more
AIG executives meet analysts to push resiliency message
NEW YORK, March 24 (Reuters) - American International Group
Inc executives have been meeting with investors and
analysts to build confidence in the insurer and its turnaround
plan amid uncertainty over a replacement for outgoing Chief
Executive Officer Peter Hancock.
Read more
Inc executives have been meeting with investors and
analysts to build confidence in the insurer and its turnaround
plan amid uncertainty over a replacement for outgoing Chief
Executive Officer Peter Hancock.
Read more
BRIEF-CBAK Energy, unit enter into termination agreement with Shenzhen Bak
* CBAK Energy Technology - on March 21, CBAK co, unit
entered into termination agreement with company's former
subsidiary, Shenzhen Bak Battery Co
Read more
entered into termination agreement with company's former
subsidiary, Shenzhen Bak Battery Co
Read more
BRIEF-Sumitomo Dainippon Pharma looks to expand applications of drug candidate Dasotraline - Nikkei
* Sumitomo Dainippon Pharma Co Ltd looks to expand the
applications of its drug candidate dasotraline - Nikkei
Read more
applications of its drug candidate dasotraline - Nikkei
Read more
BRIEF-HNA Group reports 25 pct stake in Park Hotels & Resorts
* HNA Group Co Ltd reports 25 percent stake in Park Hotels &
Resorts Inc as of March 15, 2017 - SEC filing
Source: (http://bit.ly/2oevTFJ)
Further company coverage:
Read more
Resorts Inc as of March 15, 2017 - SEC filing
Source: (http://bit.ly/2oevTFJ)
Further company coverage:
Read more
BRIEF-Tribune Media CEO Peter Liguori's 2016 total compensation was $7.7 mln
* Former president, and CEO Peter Liguori's fy 2016 total
compensation was $7.7 million versus $8.1 million in fy 2015 -
sec filing
Source text: [http://bit.ly/2nQNG9F]
Further company coverage:
Read more
compensation was $7.7 million versus $8.1 million in fy 2015 -
sec filing
Source text: [http://bit.ly/2nQNG9F]
Further company coverage:
Read more
Uber tells U.S. court customers must arbitrate disputes
March 24 (Reuters) - A U.S. appeals court in New York on
Friday weighed arguments over whether Uber Technologies Inc
customers gave up their right to sue the company when
they registered for its popular taxi hailing service.
Read more
Friday weighed arguments over whether Uber Technologies Inc
customers gave up their right to sue the company when
they registered for its popular taxi hailing service.
Read more
UPDATE 1-Astronauts complete spacewalk to retrofit space station
CAPE CANAVERAL, Fla., March 24 (Reuters) - Two spacewalking
astronauts ventured outside the International Space Station on
Friday for a 6-1/2-hour spacewalk, the first of three to prepare
the orbiting laboratory for future commercial space taxis and to
tackle maintenance chores, NASA TV showed.
Read more
astronauts ventured outside the International Space Station on
Friday for a 6-1/2-hour spacewalk, the first of three to prepare
the orbiting laboratory for future commercial space taxis and to
tackle maintenance chores, NASA TV showed.
Read more
Glencore bond tanks and scuppers Anglo's return
NEW YORK, March 24 - Anglo-Swiss miner Glencore sold its
first US dollar bond in two years on Tuesday, but the deal
tumbled after pricing as a global sell-off added to a backlash
against the deal's tight spread.
Read more
first US dollar bond in two years on Tuesday, but the deal
tumbled after pricing as a global sell-off added to a backlash
against the deal's tight spread.
Read more
Investors buoyed by Trump's readiness to move on from Obamacare
March 24 (Reuters) - Wall Street's predilection for a
glass-half-full view of President Donald Trump was on full
display Friday as investors backed off fears that a failure to
repeal Obamacare would endanger Trump's entire agenda in favor
of optimism that he would simply get on with tax cuts and
infrastructure spending.
Read more
glass-half-full view of President Donald Trump was on full
display Friday as investors backed off fears that a failure to
repeal Obamacare would endanger Trump's entire agenda in favor
of optimism that he would simply get on with tax cuts and
infrastructure spending.
Read more
METALS-Copper ends week lower as world's top mine restarts
LONDON, March 24 (Reuters) - Copper fell on Friday, ending
the week 2 percent lower after workers agreed to end a strike at
the world's top copper mine in Chile.
Read more
the week 2 percent lower after workers agreed to end a strike at
the world's top copper mine in Chile.
Read more
BRIEF-Arch Capital Group says CEO Constantine Iordanou's total compensation for 2016 was $12.2 mln
* CEO Constantine Iordanou's total compensation for 2016 was
$12.2 million versus $10.6 million in 2015 - SEC filing
Source text: (http://bit.ly/2mZzjLw)
Further company coverage:
Read more
$12.2 million versus $10.6 million in 2015 - SEC filing
Source text: (http://bit.ly/2mZzjLw)
Further company coverage:
Read more
BRIEF-Vanguard Natural Resources says unit, debtor enter into purchase, sale agreement with Oxy USA
* On March 20, co's unit and a debtor entered into a
purchase and sale agreement with Oxy USA, Inc - SEC Filing
Read more
purchase and sale agreement with Oxy USA, Inc - SEC Filing
Read more
Commodities trader Trammo shedding East Coast LPG assets
HOUSTON, March 24 (Reuters) - Commodities trader Trammo Inc
is continuing to shed its liquefied petroleum gas (LPG) assets,
putting its Newington, New Hampshire, propane terminal on the
block and selling a Tampa, Florida, facility, the company told
Reuters on Friday.
Read more
is continuing to shed its liquefied petroleum gas (LPG) assets,
putting its Newington, New Hampshire, propane terminal on the
block and selling a Tampa, Florida, facility, the company told
Reuters on Friday.
Read more
BRIEF-Rockwell Diamonds says South African judge issued interim liquidation order against 3 units of co
* A judge in Kimberley South Africa issued an interim
liquidation order against three subsidiaries of company on
Thursday
Read more
liquidation order against three subsidiaries of company on
Thursday
Read more
GLOBAL MARKETS-U.S. shares gain as healthcare vote awaited; gold edges higher
* Gold prices gain as dollar steadies
(Updates to open of U.S. trading; changes byline, dateline, pvs
LONDON)
Read more
(Updates to open of U.S. trading; changes byline, dateline, pvs
LONDON)
Read more
U.S., French astronauts on spacewalk to retrofit space station
CAPE CANAVERAL, Fla., March 24 (Reuters) - Two spacewalking
astronauts ventured outside the International Space Station on
Friday on the first of three outings to prepare the orbiting
research laboratory for future commercial space taxis and to
tackle maintenance chores, NASA TV showed.
Read more
astronauts ventured outside the International Space Station on
Friday on the first of three outings to prepare the orbiting
research laboratory for future commercial space taxis and to
tackle maintenance chores, NASA TV showed.
Read more
CORRECTED-Fed gives Northern Trust 'living will' extension along with four foreign banks
WASHINGTON, March 24 (Reuters) - Northern Trust Corp
had shortcomings in its 'living will' plans and will
have until year-end to update its plan on how to unwind in
bankruptcy, U.S. regulators said on Friday as they granted a
similar extension to four foreign banks.
Read more
had shortcomings in its 'living will' plans and will
have until year-end to update its plan on how to unwind in
bankruptcy, U.S. regulators said on Friday as they granted a
similar extension to four foreign banks.
Read more
CANADA STOCKS-TSX rises, led by financials and TransCanada
TORONTO, March 24 (Reuters) - Canada's main stock index rose
on Friday, led by financial and energy shares as oil prices
gained and after TransCanada Corp said the U.S.
Department of State issued a presidential permit for the
construction of the Keystone XL oil pipeline.
Read more
on Friday, led by financial and energy shares as oil prices
gained and after TransCanada Corp said the U.S.
Department of State issued a presidential permit for the
construction of the Keystone XL oil pipeline.
Read more
UPDATE 1-TransCanada gets presidential permit for Keystone XL
March 24 (Reuters) - TransCanada Corp said on
Friday the U.S. Department of State issued a presidential permit
for the construction of the Keystone XL pipeline linking
Canadian oil sands to U.S. refiners, a project blocked by former
President Barack Obama.
Read more
Friday the U.S. Department of State issued a presidential permit
for the construction of the Keystone XL pipeline linking
Canadian oil sands to U.S. refiners, a project blocked by former
President Barack Obama.
Read more
UPDATE 1-Blackstone sells stake in SeaWorld to China's Zhonghong Zhuoye
March 24 (Reuters) - China-based Zhonghong Zhuoye Group Co
Ltd will buy Blackstone Group LP's 21 percent stake in
SeaWorld Entertainment Inc, the embattled U.S.-based
marine park operator said on Friday.
Read more
Ltd will buy Blackstone Group LP's 21 percent stake in
SeaWorld Entertainment Inc, the embattled U.S.-based
marine park operator said on Friday.
Read more
Deals of the day-Mergers and acquisitions
March 24 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on Friday:
Read more
acquisitions and disposals were reported by 1030 GMT on Friday:
Read more
Higher rates a doubled-edged sword for banks: ECB's Angeloni
FRANKFURT, March 24 (Reuters) - An eventual increase in
interest rates will bring both benefits and risks for banks, a
senior European Central Bank supervisor said on Friday, as
markets increasingly price in a phasing out of the ECB's
easy-money policy.
Read more
interest rates will bring both benefits and risks for banks, a
senior European Central Bank supervisor said on Friday, as
markets increasingly price in a phasing out of the ECB's
easy-money policy.
Read more
UPDATE 1-Acacia says Tanzania ore export ban costing $1 mln in daily revenue
March 24 (Reuters) - Gold miner Acacia Mining said
it was incurring an average daily loss of more than $1 million
in revenue at its two mines in Tanzania due to a local
government directive banning exports of gold and copper
concentrate.
Read more
it was incurring an average daily loss of more than $1 million
in revenue at its two mines in Tanzania due to a local
government directive banning exports of gold and copper
concentrate.
Read more
Toshiba plans Westinghouse Chapter 11 filing, expects $9 bln in charges -sources
TOKYO, March 24 (Reuters) - Japan's Toshiba Corp
has informed its main lenders it is planning for its U.S.
nuclear unit Westinghouse Electric Co LLC to file for bankruptcy
on March 31, people briefed on the matter said on Friday.
Read more
has informed its main lenders it is planning for its U.S.
nuclear unit Westinghouse Electric Co LLC to file for bankruptcy
on March 31, people briefed on the matter said on Friday.
Read more
BRIEF-Canaccord Genuity Wealth Management acquires UK-based investment dealing and custody business from C. Hoare & Co
* Canaccord Genuity wealth management acquires UK-based
investment dealing and custody business from C. Hoare & Co.
Read more
investment dealing and custody business from C. Hoare & Co.
Read more
Saudi bourse to start new settlement period, short-selling on April 23
DUBAI, March 24 (Reuters) - Saudi Arabia's stock exchange
said it would extend the period for settling trades and
introduce short-selling on April 23, reforms that may help the
market join international equity indexes, attracting billions of
dollars of fresh investment.
Read more
said it would extend the period for settling trades and
introduce short-selling on April 23, reforms that may help the
market join international equity indexes, attracting billions of
dollars of fresh investment.
Read more
Carlyle Group takes minority stake in Indian logistics firm Delhivery
NEW DELHI, March 24 (Reuters) - The Carlyle Group has
acquired a minority stake in Indian logistics firm Delhivery,
while existing investor hedge fund Tiger Global also raised its
stake, for a combined investment of more than $100 million, the
buyout fund said on Friday.
Read more
acquired a minority stake in Indian logistics firm Delhivery,
while existing investor hedge fund Tiger Global also raised its
stake, for a combined investment of more than $100 million, the
buyout fund said on Friday.
Read more
METALS-London copper faces weekly drop as supply concerns ease
MELBOURNE, March 24 (Reuters) - London copper was on Friday
set to drop 2 percent for the week, with striking union members
agreeing to return to work at the world's top copper mine, in
Chile.
Read more
set to drop 2 percent for the week, with striking union members
agreeing to return to work at the world's top copper mine, in
Chile.
Read more
Thursday, March 23, 2017
Nikkei rises as yen strength wanes but still down for week
TOKYO, March 24 (Reuters) - Japan's Nikkei share average
gained on Friday as the yen took a breather from its recent
strength, but the Nikkei still logged a weekly loss.
Read more
gained on Friday as the yen took a breather from its recent
strength, but the Nikkei still logged a weekly loss.
Read more
UK Stocks-Factors to watch on March 24
March 24 (Reuters) - Britain's FTSE 100 index is seen opening up 6
points at 7,347 on Friday, according to financial bookmakers.
* RBS: State-backed Royal Bank of Scotland said on Thursday it
planned to close about 180 bank branches in Britain and Ireland and about 1,000
roles were at risk in the latest round of cuts and closures at the
lender.
* EXPERIAN: The Consumer Financial Protection Bureau said on Thursday it
fined Experian and its subsidiaries $3 million for falsely tell
Read more
points at 7,347 on Friday, according to financial bookmakers.
* RBS: State-backed Royal Bank of Scotland said on Thursday it
planned to close about 180 bank branches in Britain and Ireland and about 1,000
roles were at risk in the latest round of cuts and closures at the
lender.
* EXPERIAN: The Consumer Financial Protection Bureau said on Thursday it
fined Experian and its subsidiaries $3 million for falsely tell
Read more
BRIEF-Western Energy says increased support for combination with Savanna Energy
* Western Energy Services Corp. Announces increased support
for combination with Savanna Energy Services Corp.
Read more
for combination with Savanna Energy Services Corp.
Read more
BRIEF-Ride-Sharing service Lyft latest to remove Youtube ads - NYT
* Ride-Sharing service Lyft latest to remove Youtube ads
after they appeared next to offensive videos - NYT
Source: http://nyti.ms/2n0nMw4
Read more
after they appeared next to offensive videos - NYT
Source: http://nyti.ms/2n0nMw4
Read more
PRESS DIGEST- New York Times business news - March 24
March 24 (Reuters) - The following are the top stories on
the New York Times business pages. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
the New York Times business pages. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
Morning News Call - India, March 24
To access the newsletter, click on the link:
http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_03242017.pdf
If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/
FACTORS TO WATCH
10:00 am: Railway minister Suresh Prabhu at Governance Now summit in New
Delhi.
11:00 am: Budget session of parliament continues in New Delhi.
2:30 pm: Trade Minister Nirmala Sitharaman at a ch
Read more
http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_03242017.pdf
If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/
FACTORS TO WATCH
10:00 am: Railway minister Suresh Prabhu at Governance Now summit in New
Delhi.
11:00 am: Budget session of parliament continues in New Delhi.
2:30 pm: Trade Minister Nirmala Sitharaman at a ch
Read more
PRECIOUS-Gold steady as markets await U.S. healthcare vote
March 24 (Reuters) - Gold prices held steady on Friday amid
a firmer dollar as markets waited to see if U.S. President
Donald Trump will face hurdles on his economic agenda after U.S.
lawmakers delayed a vote on a healthcare bill.
FUNDAMENTALS
* Spot gold was down 0.1 percent at $1,243.60 per
ounce by 0058 GMT. On Thursday, it touched its strongest since
Feb. 28 at $1,253.12.
* U.S. gold futures were down 0.3 percent at
$1,243.80.
* Palladium climbe
Read more
a firmer dollar as markets waited to see if U.S. President
Donald Trump will face hurdles on his economic agenda after U.S.
lawmakers delayed a vote on a healthcare bill.
FUNDAMENTALS
* Spot gold was down 0.1 percent at $1,243.60 per
ounce by 0058 GMT. On Thursday, it touched its strongest since
Feb. 28 at $1,253.12.
* U.S. gold futures were down 0.3 percent at
$1,243.80.
* Palladium climbe
Read more
METALS-London copper facing weekly drop as supply concerns dissipate
MELBOURNE, March 24 (Reuters) - London copper was on track
for a two percent weekly drop on Friday after striking union
members at Escondida, the world's top copper mine, agreed to
return to work.
Read more
for a two percent weekly drop on Friday after striking union
members at Escondida, the world's top copper mine, agreed to
return to work.
Read more
Twitter explores premium version after 11 years as a free service
SAN FRANCISCO, March 23 (Reuters) - Twitter Inc is
considering whether to build a premium version of its network
aimed at professionals, the company said on Thursday, raising
the possibility that it could collect subscription fees from
some users for the first time.
Read more
considering whether to build a premium version of its network
aimed at professionals, the company said on Thursday, raising
the possibility that it could collect subscription fees from
some users for the first time.
Read more
Brazil homebuilder Cyrela beats 4th qtr profit estimates
SAO PAULO, March 23 (Reuters) - Cyrela Brazil Realty SA,
Brazil's largest homebuilder, beat fourth-quarter profit
estimates and showed significantly improved cash flow on
Thursday, despite a surge in sales cancellations in the
recession-hit country.
Read more
Brazil's largest homebuilder, beat fourth-quarter profit
estimates and showed significantly improved cash flow on
Thursday, despite a surge in sales cancellations in the
recession-hit country.
Read more
Hershey and its trust tap new board members
March 23 (Reuters) - Hershey Co and the trust that
control it disclosed on Thursday they would fill positions on
their respective boards following a year marked by an
acquisition overture from Mondelez International Inc
and a series of resignations.
Read more
control it disclosed on Thursday they would fill positions on
their respective boards following a year marked by an
acquisition overture from Mondelez International Inc
and a series of resignations.
Read more
UPDATE 1-U.S. fund investors pull back from 'Trump trade'
(Adds details on mutual funds and ETFs, analyst quotes, table,
byline)
By Trevor Hunnicutt
NEW YORK, March 23 (Reuters) - Investors eased off from
"Trump trade" bets during the latest week, snatching the most
money from bank sector funds in more than a year and stockpiling
bonds, Lipper data for U.S.-based funds showed on Thursday.
U.S.-based taxable bond funds absorbed $8.3 billion in cash
during the week ended March 22, the most in eight months, while
investors withdrew $1.3 billi
Read more
byline)
By Trevor Hunnicutt
NEW YORK, March 23 (Reuters) - Investors eased off from
"Trump trade" bets during the latest week, snatching the most
money from bank sector funds in more than a year and stockpiling
bonds, Lipper data for U.S.-based funds showed on Thursday.
U.S.-based taxable bond funds absorbed $8.3 billion in cash
during the week ended March 22, the most in eight months, while
investors withdrew $1.3 billi
Read more
BRIEF-West Mountain Environmental Corp's Chinese legal counsel files motion to refer contract dispute
* Chinese legal counsel filed motion to refer contract
dispute with Shanghai Hehui Environmental Technology
Read more
dispute with Shanghai Hehui Environmental Technology
Read more
Brazil's BM&FBovespa to release new guidance after Cetip takeover
SAO PAULO, March 23 (Reuters) - BM&FBovespa SA, which has
received Brazil regulatory clearance to take over a rival
clearinghouse, will issue new operational targets for this year,
discontinuing prior guidance as a standalone company.
Read more
received Brazil regulatory clearance to take over a rival
clearinghouse, will issue new operational targets for this year,
discontinuing prior guidance as a standalone company.
Read more
Vectrus wins $522 mln U.S. defense contract -Pentagon
WASHINGTON, March 23 (Reuters) - Vectrus Systems Corp, a
unit of Vectrus Inc, was awarded a $522 million
modification to a contract for services for Kuwait base
operations and security support services in the Kuwait area of
responsibility, the Pentagon said on Thursday.
(Reporting by Eric Beech; Editing by Eric Walsh)
Read more
unit of Vectrus Inc, was awarded a $522 million
modification to a contract for services for Kuwait base
operations and security support services in the Kuwait area of
responsibility, the Pentagon said on Thursday.
(Reporting by Eric Beech; Editing by Eric Walsh)
Read more
BRIEF-Stage Stores says Ralph Scozzafava notified board that he will resign his position as a director, effective June 1
* Stage Stores Inc - On March 22, Ralph P. Scozzafava
notified board that he will resign his position as a director,
effective June 1, 2017
Read more
notified board that he will resign his position as a director,
effective June 1, 2017
Read more
SEC charges two Israeli residents with Mobileye insider trading
NEW YORK, March 23 (Reuters) - Two Israeli residents have
been charged by the U.S. Securities and Exchange Commission with
insider trading in Mobileye NV before the maker of
sensors and cameras for driverless vehicles agreed to be
acquired by Intel Corp for $15.3 billion.
Read more
been charged by the U.S. Securities and Exchange Commission with
insider trading in Mobileye NV before the maker of
sensors and cameras for driverless vehicles agreed to be
acquired by Intel Corp for $15.3 billion.
Read more
Board of Brazil's Usiminas votes to remove CEO Souza -sources
SAO PAULO, March 23 (Reuters) - The board of Usinas
Siderúrgicas de Minas Gerais SA voted to remove Chief
Executive Officer Rômel de Souza in a meeting on Thursday, two
people with knowledge of the matter said.
(Reporting by Guillermo Parra-Bernal and Alberto Alerigi Jr.)
Read more
Siderúrgicas de Minas Gerais SA voted to remove Chief
Executive Officer Rômel de Souza in a meeting on Thursday, two
people with knowledge of the matter said.
(Reporting by Guillermo Parra-Bernal and Alberto Alerigi Jr.)
Read more
BRIEF-Spineguard FY operating loss narrows to 3.6 million euros
* FY operating loss EUR 3.6 million versus loss of EUR 4.0
million year ago
Source text for Eikon:, see also
Further company coverage:
(Gdynia Newsroom)
Read more
million year ago
Source text for Eikon:, see also
Further company coverage:
(Gdynia Newsroom)
Read more
In airline laptop ban, some in Turkey see commercial agenda
ISTANBUL, March 23 (Reuters) - As Istanbul builds a massive
new airport and Turkish Airlines pursues aggressive route
expansion, some in Turkey see the ban on large carry-on
electronics on U.S. and Britain-bound flights as a ploy to
undermine their aviation industry.
Read more
new airport and Turkish Airlines pursues aggressive route
expansion, some in Turkey see the ban on large carry-on
electronics on U.S. and Britain-bound flights as a ploy to
undermine their aviation industry.
Read more
UPDATE 1-French financial markets watchdog wants special access rules for UK
LONDON, March 23 (Reuters) - The European Union's system for
granting market access to banks from outside the bloc will not
work for a financial centre as big as Britain's, a top European
regulator said on Thursday.
Read more
granting market access to banks from outside the bloc will not
work for a financial centre as big as Britain's, a top European
regulator said on Thursday.
Read more
UPDATE 1-U.S. Senate panel presses SEC nominee Clayton on conflicts
WASHINGTON, March 23 (Reuters) - Jay Clayton, the Wall
Street attorney tapped by President Donald Trump to lead the
U.S. Securities and Exchange Commission, on Thursday defended
himself against charges from Democrats that he had multiple
conflicts of interest that would cause him to miss too many SEC
votes.
Read more
Street attorney tapped by President Donald Trump to lead the
U.S. Securities and Exchange Commission, on Thursday defended
himself against charges from Democrats that he had multiple
conflicts of interest that would cause him to miss too many SEC
votes.
Read more
French authorities believe man arrested in Belgium was drunk, fleeing police- source
PARIS, March 23 (Reuters) - French authorities believe a man
arrested on suspicion of wanting to carry out an attack in the
Belgium city of Antwerp was a Tunisian national who was probably
drunk and trying to escape a police check, a source close to the
matter said.
Read more
arrested on suspicion of wanting to carry out an attack in the
Belgium city of Antwerp was a Tunisian national who was probably
drunk and trying to escape a police check, a source close to the
matter said.
Read more
UPDATE 1-BHP's Escondida mine says negotiations dissolved; will return to production
ANTOFAGASTA, Chile, March 23 (Reuters) - Negotiations
between BHP Billiton and striking workers at its
Escondida copper mine in Chile have failed, and the company will
try to restart operations, mine President Marcelo Castillo said
on Thursday.
Read more
between BHP Billiton and striking workers at its
Escondida copper mine in Chile have failed, and the company will
try to restart operations, mine President Marcelo Castillo said
on Thursday.
Read more
BRIEF-Western Digital has repriced EUR881 million of new euro-denominated term B-2 loans at interest rate of EURIBOR + 2.00%
* Has successfully repriced eur881 million of new
euro-denominated term b-2 loans at an interest rate of euribor +
2.00%
Read more
euro-denominated term b-2 loans at an interest rate of euribor +
2.00%
Read more
BRIEF-Ekso Bionics Holdings to expand number of directors from 7 to 8
* Ekso Bionics Holdings- on March 21, board of directors of
co voted to expand number of directors of company from seven to
eight directors- sec filing
Source text - http://bit.ly/2naI32V
Further company coverage:
Read more
co voted to expand number of directors of company from seven to
eight directors- sec filing
Source text - http://bit.ly/2naI32V
Further company coverage:
Read more
BRIEF-Ford Motor expects adjusted pre-tax profit to be about $9 bln in 2017
* Ford Motor Co - expect total company adjusted pre-tax
profit to be about $9 billion in 2017
Read more
profit to be about $9 billion in 2017
Read more
GLOBAL MARKETS-Stocks, bonds cheer bumper ECB cash handout
LONDON, March 23 (Reuters) - Euro zone stocks and bonds
rallied on Thursday as banks snapped up almost quarter of a
trillion euros of interest-free European Central Bank cash in
what the ECB hopes will be the last outing for one of its main
crisis-fighting tools.
Read more
rallied on Thursday as banks snapped up almost quarter of a
trillion euros of interest-free European Central Bank cash in
what the ECB hopes will be the last outing for one of its main
crisis-fighting tools.
Read more
BRIEF-Hanwha Q Cells Co-Consortium has been awarded for tender to construct 1 gw solar power plant in Turkey
* Hanwha Q Cells Co-consortium consisting of Co, Kalyon
Enerji Yatirimlari A.S. have been awarded for tender to
construct 1 gw solar power plant in Turkey
Read more
Enerji Yatirimlari A.S. have been awarded for tender to
construct 1 gw solar power plant in Turkey
Read more
US STOCKS-Futures higher as investors eye healthcare vote
March 23 (Reuters) - U.S. stock index futures were modestly
higher on Thursday as investors turned their attention to
President Donald Trump's first significant policy test, as he
looks to gets a healthcare bill passed in Congress.
Read more
higher on Thursday as investors turned their attention to
President Donald Trump's first significant policy test, as he
looks to gets a healthcare bill passed in Congress.
Read more
EMERGING MARKETS-Emerging markets held back by Trump stimulus doubts
LONDON, March 23 (Reuters) - Emerging equities steadied on
Thursday, helped by modest gains in Asia as investors waited to
see if U.S. President Donald Trump could push through a health
bill to replace "Obamacare", opening the way for tax cuts.
Read more
Thursday, helped by modest gains in Asia as investors waited to
see if U.S. President Donald Trump could push through a health
bill to replace "Obamacare", opening the way for tax cuts.
Read more
BRIEF-Pinnacle Foods sees FY 2017 adjusted earnings per share $2.55 to $2.60
* Fy2017 earnings per share view $2.58, revenue view $3.22
billion -- Thomson Reuters I/B/E/S
Source text for Eikon:
Further company coverage:
Read more
billion -- Thomson Reuters I/B/E/S
Source text for Eikon:
Further company coverage:
Read more
Statoil "resets" exploration in U.S. Gulf of Mexico
OSLO, March 23 (Reuters) - Norway's Statoil has
"reset" its exploration campaign in the U.S. Gulf of Mexico by
placing top bids for 13 offshore deepwater oil and gas leases
there in the latest auction, the company said Thursday.
Read more
"reset" its exploration campaign in the U.S. Gulf of Mexico by
placing top bids for 13 offshore deepwater oil and gas leases
there in the latest auction, the company said Thursday.
Read more
METALS-London copper edges up; zinc disruptions climb
MELBOURNE, March 23 (Reuters) - London copper crept higher
on Thursday, edging away from two-week lows hit the previous
session as broader investor sentiment revived, while disruptions
piled up in the zinc market.
Read more
on Thursday, edging away from two-week lows hit the previous
session as broader investor sentiment revived, while disruptions
piled up in the zinc market.
Read more
Wednesday, March 22, 2017
UK Stocks-Factors to watch on March 23
March 23 (Reuters) - Britain's FTSE 100 index is seen opening up 12
points at 7,337 on Thursday, according to financial bookmakers.
* GLAXOSMITHKLINE: Britain's GlaxoSmithKline and U.S.-based
Regeneron Pharmaceuticals are embarking on a joint project with UK
Biobank, the world's most detailed biomedical database, to hunt for new clues
linking genes and disease.
* SHELL: Royal Dutch Shell agreed to lease capacity at a large oil
terminal in Panama that has been used by U.S. re
Read more
points at 7,337 on Thursday, according to financial bookmakers.
* GLAXOSMITHKLINE: Britain's GlaxoSmithKline and U.S.-based
Regeneron Pharmaceuticals are embarking on a joint project with UK
Biobank, the world's most detailed biomedical database, to hunt for new clues
linking genes and disease.
* SHELL: Royal Dutch Shell agreed to lease capacity at a large oil
terminal in Panama that has been used by U.S. re
Read more
UPDATE 1-MSCI seeks feedback on potential China stocks inclusion
NEW YORK/HONG KONG, March 23 (Reuters) - Global index
provider MSCI Inc is seeking feedback from market
participants on whether to add Chinese shares to a widely
tracked index, a move which could trigger billions of dollars in
capital inflows into mainland stocks and ease pressure on its
yuan currency.
Read more
provider MSCI Inc is seeking feedback from market
participants on whether to add Chinese shares to a widely
tracked index, a move which could trigger billions of dollars in
capital inflows into mainland stocks and ease pressure on its
yuan currency.
Read more
U.S. Senate panel to weigh confirmation for SEC nominee Clayton
WASHINGTON, March 23 (Reuters) - Jay Clayton, the Wall
Street attorney tapped by President Donald Trump to lead the
U.S. Securities and Exchange Commission, will face questions on
his vision for the agency at his confirmation hearing on
Thursday before the Senate Banking Committee.
Read more
Street attorney tapped by President Donald Trump to lead the
U.S. Securities and Exchange Commission, will face questions on
his vision for the agency at his confirmation hearing on
Thursday before the Senate Banking Committee.
Read more
BRIEF-Walmart's Vudu launches mobile offering to convert DVDs and Blu-Rays into digital libraries
* Walmart's video streaming service Vudu launches mobile
offering to convert DVDs and Blu-Rays into digital libraries
Source text for Eikon:
Further company coverage:
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offering to convert DVDs and Blu-Rays into digital libraries
Source text for Eikon:
Further company coverage:
Read more
PRESS DIGEST - Wall Street Journal - March 23
March 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
the Wall Street Journal. Reuters has not verified these stories
and does not vouch for their accuracy.
Read more
BRIEF-Checkers Drive-In Restaurants agrees to be sold for $525 mln - WSJ
* Checkers Drive-In Restaurants has agreed to be sold to Oak
Hill Capital Partners for $525 million in deal expected to be
announced on Thursday - WSJ
Read more
Hill Capital Partners for $525 million in deal expected to be
announced on Thursday - WSJ
Read more
UPDATE 2-Votorantim says it has halted zinc smelting in Peru amid floods
LIMA, March 22 (Reuters) - Brazilian group Votorantim has
halted operations at its zinc smelter Cajamarquilla in Peru
after floods and mudslides disrupted transport and restricted
the availability of running water in the Andean country.
Read more
halted operations at its zinc smelter Cajamarquilla in Peru
after floods and mudslides disrupted transport and restricted
the availability of running water in the Andean country.
Read more
BRIEF-Matrrix Energy Q4 loss per share C$0.03
* Matrrix energy technologies inc - all figures in C$
Source text for Eikon:
Further company coverage:
Read more
Source text for Eikon:
Further company coverage:
Read more
UPDATE 4-Brazil approves $3.9 bln BM&FBovespa-Cetip tie-up
BRASILIA/SAO PAULO, March 22 (Reuters) - Brazil's antitrust
watchdog Cade on Wednesday approved financial bourse BM&FBovespa
SA's takeover of rival clearinghouse Cetip SA
Mercados Organizados, and will not require any
antitrust measures beyond those the firms proposed themselves.
Read more
watchdog Cade on Wednesday approved financial bourse BM&FBovespa
SA's takeover of rival clearinghouse Cetip SA
Mercados Organizados, and will not require any
antitrust measures beyond those the firms proposed themselves.
Read more
METALS-London copper steady; zinc disruptions climb
MELBOURNE, March 23 (Reuters) - London copper was steady on
Thursday, holding above two-week lows hit the previous session
as broader investor sentiment revived, while disruptions piled
up in the zinc market.
Read more
Thursday, holding above two-week lows hit the previous session
as broader investor sentiment revived, while disruptions piled
up in the zinc market.
Read more
PRECIOUS-Gold below 3-wk peak as dollar recovers; Trump policy in focus
March 23 (Reuters) - Gold prices on Thursday held below a
3-week peak hit in the prior session, as the dollar recovered
from seven-week lows and markets looked to see if U.S. President
Donald Trump could push through a healthcare bill.
FUNDAMENTALS
* Spot gold was down 0.2 percent at $1,245.80 per
ounce by 0048 GMT. On Wednesday, it touched its strongest since
Feb. 28 at $1,251.26.
* U.S. gold futures were down 0.3 percent at $1,246.
* The dollar index
Read more
3-week peak hit in the prior session, as the dollar recovered
from seven-week lows and markets looked to see if U.S. President
Donald Trump could push through a healthcare bill.
FUNDAMENTALS
* Spot gold was down 0.2 percent at $1,245.80 per
ounce by 0048 GMT. On Wednesday, it touched its strongest since
Feb. 28 at $1,251.26.
* U.S. gold futures were down 0.3 percent at $1,246.
* The dollar index
Read more
UPDATE 1-German companies interested in train crossing South America -officials
LA PAZ, March 22 (Reuters) - Dozens of German companies
including Siemens attended meetings in Bolivia this
week to discuss building a coast-to-coast railway through
Brazil, Bolivia and Peru that could speed up the export of corn
and soybeans to Asia, German and Bolivian officials said on
Wednesday.
Read more
including Siemens attended meetings in Bolivia this
week to discuss building a coast-to-coast railway through
Brazil, Bolivia and Peru that could speed up the export of corn
and soybeans to Asia, German and Bolivian officials said on
Wednesday.
Read more
Canada seeks to end Uber's tax advantage over taxi companies
OTTAWA, March 22 (Reuters) - The new national budget
unveiled Wednesday by Canadian Prime Minister Justin Trudeau's
Liberal government took aim at ride-sharing providers such as
Uber Technologies Inc, looking to end a tax advantage
they have over traditional taxi companies.
Read more
unveiled Wednesday by Canadian Prime Minister Justin Trudeau's
Liberal government took aim at ride-sharing providers such as
Uber Technologies Inc, looking to end a tax advantage
they have over traditional taxi companies.
Read more
UPDATE 2-U.S. may accuse N. Korea in Bangladesh cyber heist -WSJ
NEW YORK, March 22 (Reuters) - U.S. prosecutors are building
potential cases that would accuse North Korea of directing the
theft of $81 million from Bangladesh Bank's account at the
Federal Reserve Bank of New York last year, and that would
charge alleged Chinese middlemen, the Wall Street Journal
reported on Wednesday.
Read more
potential cases that would accuse North Korea of directing the
theft of $81 million from Bangladesh Bank's account at the
Federal Reserve Bank of New York last year, and that would
charge alleged Chinese middlemen, the Wall Street Journal
reported on Wednesday.
Read more
Brazil's Oi loss narrows on cost-cutting, EBITDA slumps
SAO PAULO, March 22 (Reuters) - Oi SA, the
Brazilian phone carrier currently under bankruptcy protection,
posted a narrower net loss in the fourth quarter due to cost
cutting and lower financial expenses.
Read more
Brazilian phone carrier currently under bankruptcy protection,
posted a narrower net loss in the fourth quarter due to cost
cutting and lower financial expenses.
Read more
Argentina to pursue plan to freeze provinces' spending
BUENOS AIRES, March 22 (Reuters) - Argentina's provinces
have agreed to craft a new law with the federal government that
would prevent provincial spending from rising faster than
inflation, the Treasury Ministry said in a statement on
Wednesday.
Read more
have agreed to craft a new law with the federal government that
would prevent provincial spending from rising faster than
inflation, the Treasury Ministry said in a statement on
Wednesday.
Read more
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