WINNIPEG, Manitoba, May 1 (Reuters) - Germany's K+S AG
will crack into the U.S. fertilizer market this
spring when it opens the first new western Canadian potash mine
in nearly five decades.
Read more
Sunday, April 30, 2017
PRESS DIGEST- New York Times business news - May 1
May 1 (Reuters) - The following are the top stories on the
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
BRIEF-American International Group completes sale of AIG Fuji Life to FWD Group
* Says it completed the sale of AIG Fuji Life Insurance
Company Ltd (AFLI) to FWD Group, as planned
Read more
Company Ltd (AFLI) to FWD Group, as planned
Read more
U.S. to probe Japanese, German automakers over alleged patent violations
TOKYO, May 1 (Reuters) - The United States will begin an
investigation into whether thermoplastic components used in some
Japanese and German vehicle models sold in the country violate
its patent laws, trade authorities said late last week.
Read more
investigation into whether thermoplastic components used in some
Japanese and German vehicle models sold in the country violate
its patent laws, trade authorities said late last week.
Read more
Nikkei edges up, high-tech shares jump on earnings
TOKYO, May 1 (Reuters) - Japanese stock prices posted modest
gains on Monday as high-tech shares such as Tokyo Electron
and Murata Manufacturing gained on upbeat
earnings in otherwise holiday-lulled trading.
Read more
gains on Monday as high-tech shares such as Tokyo Electron
and Murata Manufacturing gained on upbeat
earnings in otherwise holiday-lulled trading.
Read more
PRECIOUS-Gold falls after dollar firms on deal to fund U.S. govt
May 1 (Reuters) - Gold fell on Monday after the dollar edged
up as U.S. congressional negotiators hammered out a deal on a
spending package to keep the federal government funded through
September.
FUNDAMENTALS
* Spot gold dropped 0.3 percent to $1,264.06 per
ounce, as of 0236 GMT.
* Gold, last week, saw its biggest weekly percentage fall
since the week of March 10, ending about 1.2 percent lower.
* U.S. gold futures eased 0.2 percent to $1,265.20
an ounce.
Read more
up as U.S. congressional negotiators hammered out a deal on a
spending package to keep the federal government funded through
September.
FUNDAMENTALS
* Spot gold dropped 0.3 percent to $1,264.06 per
ounce, as of 0236 GMT.
* Gold, last week, saw its biggest weekly percentage fall
since the week of March 10, ending about 1.2 percent lower.
* U.S. gold futures eased 0.2 percent to $1,265.20
an ounce.
Read more
PRESS DIGEST- British Business - May 1
May 1 (Reuters) - The following are the top stories on the
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
UPDATE 1-Twenty-First Century Fox in talks with Blackstone to buy Tribune
NEW YORK, April 30 (Reuters) - Twenty-First Century Fox Inc
is in talks with Blackstone Group LP about
submitting an offer to buy Tribune Media Co, one of the
largest U.S. television station operators, sources familiar with
the matter said on Sunday.
Read more
is in talks with Blackstone Group LP about
submitting an offer to buy Tribune Media Co, one of the
largest U.S. television station operators, sources familiar with
the matter said on Sunday.
Read more
PRESS DIGEST- Financial Times - May 1
May 1 (Reuters) - The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
RPT-Wall St Weekahead-Hot earnings to keep fire under growth-stock rally
NEW YORK, April 28 (Reuters) - Don't look for the
outperformance of growth stocks to fade any time soon, as long
as corporate earnings continue to improve and hopes remain for
stronger economic growth.
Read more
outperformance of growth stocks to fade any time soon, as long
as corporate earnings continue to improve and hopes remain for
stronger economic growth.
Read more
UPDATE 1-UPS air maintenance workers threaten strike ahead of shareholders meeting
April 30 (Reuters) - A union representing 1,200 U.S. air
maintenance workers at United Parcel Service Inc turned
up pressure on the company on Sunday to settle a three-year
contract dispute, saying it would seek clearance to strike.
Read more
maintenance workers at United Parcel Service Inc turned
up pressure on the company on Sunday to settle a three-year
contract dispute, saying it would seek clearance to strike.
Read more
NextEra shares could return 20 percent over next 12 months -Barron's
April 30 (Reuters) - Shares of Florida utility NextEra
Energy Inc could return 20 percent over the next year,
including a 2.9 percent dividend, Barron's wrote over the
weekend.
Read more
Energy Inc could return 20 percent over the next year,
including a 2.9 percent dividend, Barron's wrote over the
weekend.
Read more
MEDIA LINK-Target to open store on New York's Lower East Side -WSJ
NEW YORK, April 30 (Reuters) - https://www.wsj.com/articles/target-comes-to-the-lower-east-side-1493551319
Read more
Read more
UPS air maintenance workers threaten strike ahead of shareholders meeting
April 30 (Reuters) - A union representing 1,200 U.S. air
maintenance workers at United Parcel Service Inc turned
up pressure on the company on Sunday to settle a three-year
contract dispute, saying it would seek clearance to strike.
Read more
maintenance workers at United Parcel Service Inc turned
up pressure on the company on Sunday to settle a three-year
contract dispute, saying it would seek clearance to strike.
Read more
Saturday, April 29, 2017
Zalando ponders opening stores in major cities -Manager Magazin
BERLIN, April 29 (Reuters) - Online fashion retailer Zalando
is pondering opening stores in major cities such as
London, Paris or Berlin, the company's co-chief executive told
Germany's Manager Magazin.
Read more
is pondering opening stores in major cities such as
London, Paris or Berlin, the company's co-chief executive told
Germany's Manager Magazin.
Read more
Japan's Abe says Brexit regulation whiplash would be a concern for business
LONDON, April 29 (Reuters) - Japanese Prime Minister Shinzo
Abe said that if the United Kingdom left the European Union with
an abrupt change of rules for businesses then it could cause
confusion for international firms.
Read more
Abe said that if the United Kingdom left the European Union with
an abrupt change of rules for businesses then it could cause
confusion for international firms.
Read more
Google gets Australian tax office demand to pay more, says to fight it
SYDNEY, April 29 (Reuters) - Alphabet Inc's Google
said it will challenge amended tax assessments issued by the
Australian Taxation Office (ATO), which is trying to claw back
billions of dollars from multinational corporations citing
unpaid taxes.
Read more
said it will challenge amended tax assessments issued by the
Australian Taxation Office (ATO), which is trying to claw back
billions of dollars from multinational corporations citing
unpaid taxes.
Read more
Friday, April 28, 2017
Amazon's moves beyond retail get Wall Street thumbs up, for now
SAN FRANCISCO, April 28 (Reuters) - Amazon.com Inc's
ventures far beyond online retail, from cloud computing
to movie making, are raising questions among corporate strategy
experts about its focus.
Read more
ventures far beyond online retail, from cloud computing
to movie making, are raising questions among corporate strategy
experts about its focus.
Read more
CORRECTED-BRIEF-American Savings Bank reports Q1 net income of $15.8 mln
* American Savings Bank net income of $15.8 million for Q1
of 2017 compared to $12.7 million in Q1 of 2016
Read more
of 2017 compared to $12.7 million in Q1 of 2016
Read more
UPDATE 3-Apple, Tesla ask California to change proposed self-driving car test policy
April 28 (Reuters) - Apple Inc urged California to
toughen up its proposed policy on testing self-driving cars, a
move that would result in more public data that could help Apple
catch up to rivals in the self-driving space by giving it a
better window into their strengths and weaknesses.
Read more
toughen up its proposed policy on testing self-driving cars, a
move that would result in more public data that could help Apple
catch up to rivals in the self-driving space by giving it a
better window into their strengths and weaknesses.
Read more
NRG director wins strong shareholder support despite NYC opposition
BOSTON, April 28 (Reuters) - A director at NRG Energy Inc
was elected to its board with a strong margin of votes cast, a
securities filing showed on Friday, overcoming concerns about
his comments on climate change and the intentions of the
activist investors who backed him at the New Jersey power
company.
Read more
was elected to its board with a strong margin of votes cast, a
securities filing showed on Friday, overcoming concerns about
his comments on climate change and the intentions of the
activist investors who backed him at the New Jersey power
company.
Read more
Tesla must complete brake fix to regain top safety rating -Consumer Reports
DETROIT, April 28 (Reuters) - Tesla Inc needs to
complete fixing its Model S sedan emergency braking system to
regain Consumer Reports' top safety rating, the magazine said on
Friday, noting that a recent update by the luxury electric car
maker was not enough.
Read more
complete fixing its Model S sedan emergency braking system to
regain Consumer Reports' top safety rating, the magazine said on
Friday, noting that a recent update by the luxury electric car
maker was not enough.
Read more
UPDATE 4-Brazil protesters, police clash in first general strike in decades
SAO PAULO/BRASILIA, April 28 (Reuters) - Brazilian
protesters torched buses, clashed with police in several cities
and marched on President Michel Temer's Sao Paulo residence on
Friday amid the nation's first general strike in more than two
decades.
Read more
protesters torched buses, clashed with police in several cities
and marched on President Michel Temer's Sao Paulo residence on
Friday amid the nation's first general strike in more than two
decades.
Read more
U.S. FDA approves Takeda's lung cancer drug as 2nd-line treatment
April 28 (Reuters) - Japan's Takeda Pharmaceutical Co Ltd
said on Friday that the U.S. Food and Drug
Administration approved its lung cancer drug, almost three
months after the company acquired the drug's developer, Ariad
Pharmaceuticals Inc.
Read more
said on Friday that the U.S. Food and Drug
Administration approved its lung cancer drug, almost three
months after the company acquired the drug's developer, Ariad
Pharmaceuticals Inc.
Read more
BRIEF-C.H. Robinson Worldwide, units enter into receivables purchase agreement
* C.H. Robinson Worldwide Inc says on april 26, co, co's
unit entered into a receivables purchase agreement - sec filing
Source text: (http://bit.ly/2oR6kdC)
Further company coverage:
Read more
unit entered into a receivables purchase agreement - sec filing
Source text: (http://bit.ly/2oR6kdC)
Further company coverage:
Read more
UPDATE 1-Camping World-led group wins bankruptcy auction for Gander Mountain
April 28 (Reuters) - The largest U.S. recreational vehicle
dealer, Camping World Holdings Inc, and a group of
liquidators won a bankruptcy auction for sporting goods retailer
Gander Mountain Co on Friday, according to a
bankruptcy court filing.
Read more
dealer, Camping World Holdings Inc, and a group of
liquidators won a bankruptcy auction for sporting goods retailer
Gander Mountain Co on Friday, according to a
bankruptcy court filing.
Read more
BRIEF-Power Corporation's president and co-CEO André Desmarais takes medical leave of absence
* Power Corporation's deputy chairman, president and co-ceo
André Desmarais takes medical leave of absence
Read more
André Desmarais takes medical leave of absence
Read more
U.S. dollar net longs little changed from last week-CFTC, Reuters data
April 28 (Reuters) - Net long positions on the U.S. dollar
were little changed from last week, according to calculations by
Reuters and Commodity Futures Trading Commission data released
on Friday.
Read more
were little changed from last week, according to calculations by
Reuters and Commodity Futures Trading Commission data released
on Friday.
Read more
BRIEF-TFS Financial qtrly earnings per share $0.08
* Qtrly net interest income was $70.3 million for three
months ended March 31, 2017 versus $67.8 million
Source text for Eikon:
Further company coverage:
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months ended March 31, 2017 versus $67.8 million
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Alder Biopharmaceuticals says presentation of positive data from Phase 2B clinical trial evaluating Eptinezumab for prevention of migraine
* Eptinezumab emerging clinical profile suggests migraine
preventative benefit achieved as soon as 24-48 hours after
single infusion
Read more
preventative benefit achieved as soon as 24-48 hours after
single infusion
Read more
Peru's Grana y Montero reports $24.4 million profit
LIMA, April 28 (Reuters) - Grana y Montero
, Peru's biggest construction conglomerate, posted a
profit of 79.1 million soles ($24.40 million) in the first
quarter due to the sale of real estate assets, the company said
on Friday.
Read more
, Peru's biggest construction conglomerate, posted a
profit of 79.1 million soles ($24.40 million) in the first
quarter due to the sale of real estate assets, the company said
on Friday.
Read more
BRIEF-Universal Insurance Holdings says CEO Sean Downes' FY 2016 total compensation was $16.3 million
* CEO Sean Downes' FY 2016 total compensation was $16.3
million versus $25 million in FY 2015 - SEC filing
Source text: (http://bit.ly/2qfaMrg)
Further company coverage:
Read more
million versus $25 million in FY 2015 - SEC filing
Source text: (http://bit.ly/2qfaMrg)
Further company coverage:
Read more
BRIEF-Novartis says U.S. wholesale acquisition cost of Rydapt for AML indication to be $7,495 for 14-day package
* Says U.S. wholesale acquisition cost of Rydapt for AML
indication is $7,495 for 14-day package and $14,990 for 28-day
package - spokeswoman
Further company coverage:
Read more
indication is $7,495 for 14-day package and $14,990 for 28-day
package - spokeswoman
Further company coverage:
Read more
BRIEF-Waterstone Financial quarterly earnings per share $0.24
* Waterstone financial inc qtrly net interest income $11.9 million versus
$10 million
Source text - (http://bit.ly/2qmY7ir)
Further company coverage:
Read more
$10 million
Source text - (http://bit.ly/2qmY7ir)
Further company coverage:
Read more
BRIEF-Old Point Financial Q1 earnings per share $0.19
* Q1 net interest income $7.1 million versus $6.6 million
Source text for Eikon:
Further company coverage:
Read more
Source text for Eikon:
Further company coverage:
Read more
U.S. SEC charges ex-executives over accounting at government contractor L3
WASHINGTON, April 28 (Reuters) - U.S. regulators on Friday
filed civil charges against two former executives at government
contractor L3 Technologies over accounting violations
that led the company to improperly recognize $17.9 million in
revenue from a contract with the U.S. Army.
Read more
filed civil charges against two former executives at government
contractor L3 Technologies over accounting violations
that led the company to improperly recognize $17.9 million in
revenue from a contract with the U.S. Army.
Read more
EU mergers and takeovers (April 28)
BRUSSELS, April 28 (Reuters) - The following are mergers
under review by the European Commission and a brief guide to the
EU merger process:
Read more
under review by the European Commission and a brief guide to the
EU merger process:
Read more
BRIEF-Bayer still sees competition after Monsanto takeover
* Says assumes that there will still be considerable
competition even after Monsanto deal is completed
Further company coverage:
Read more
competition even after Monsanto deal is completed
Further company coverage:
Read more
UPDATE 1-Deutsche Post to deliver groceries for AmazonFresh in Germany
* Deutsche Post to keep operating its own online supermarket
(Recasts lead, adds Deutsche Post CEO's comment)
Read more
(Recasts lead, adds Deutsche Post CEO's comment)
Read more
BRIEF-Medical Transcription Billing sees 2017 rev of $30 mln to $31 mln
* Medical transcription billing corp - company anticipates
full year 2017 revenue of approximately $30 to $31 million
Read more
full year 2017 revenue of approximately $30 to $31 million
Read more
BRIEF-Time Inc board comments on interest in co; to pursue co's own strategic plan
* Time inc. Board comments on interest in company;
determines to pursue the company's own strategic plan
Read more
determines to pursue the company's own strategic plan
Read more
BRIEF-Weatherford International Q1 loss per share $0.45
* Q1 earnings per share view $-0.31, revenue view $1.36
billion -- Thomson Reuters I/B/E/S
Source text for Eikon:
Further company coverage:
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billion -- Thomson Reuters I/B/E/S
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Lifepoint Health Q1 earnings per share $1.46
* Q1 earnings per share view $1.02, revenue view $1.63
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
BRIEF-Autoliv sees organic sales growth, roughly flat margin in Q2
* Says for Q2 of 2017, company expects organic sales to
increase by around 2% and an adjusted operating margin of around
8.5%
Read more
increase by around 2% and an adjusted operating margin of around
8.5%
Read more
CORRECTED-UPDATE 2-Zodiac aims to complete Safran deal, CEO offers resignation
PARIS, April 28 (Reuters) - Zodiac Aerospace said
its chief executive planned to quit and added to a litany of
profit warnings as it reaffirmed hopes of merging with engine
maker Safran to end a prolonged crisis in its aircraft
seats plants.
Read more
its chief executive planned to quit and added to a litany of
profit warnings as it reaffirmed hopes of merging with engine
maker Safran to end a prolonged crisis in its aircraft
seats plants.
Read more
Safran confirms talks to buy Zodiac Aerospace continue
PARIS, April 28 (Reuters) - Safran said on Friday
its talks to buy Zodiac Aerospace were continuing
after the French company issued a new profit warning.
Read more
its talks to buy Zodiac Aerospace were continuing
after the French company issued a new profit warning.
Read more
Crushing blow to soy processors as Chinese grow wary on GMO
BEIJING, April 28 (Reuters) - A Chinese consumer backlash
against genetically modified (GMO) crops is beginning to dent
demand for soy oil, the nation's main cooking oil, and could
spell crisis for the multi-billion-dollar crushing industry,
which depends on GMO soybeans from the United States and
elsewhere.
Read more
against genetically modified (GMO) crops is beginning to dent
demand for soy oil, the nation's main cooking oil, and could
spell crisis for the multi-billion-dollar crushing industry,
which depends on GMO soybeans from the United States and
elsewhere.
Read more
METALS-Copper finds support despite weak China outlook
SYDNEY, April 28 (Reuters) - Copper tracked modestly higher
on Friday with traders saying some investors were active buying
on price dips, but warning at the same time that broader
industry sentiment pointed to a weaker outlook.
Read more
on Friday with traders saying some investors were active buying
on price dips, but warning at the same time that broader
industry sentiment pointed to a weaker outlook.
Read more
Thursday, April 27, 2017
BRIEF-Regeneron and Sanofi announce Kevzara license application resubmission for review by FDA
* Regeneron and Sanofi announce Kevzara® (sarilumab)
Biologics License Application resubmission accepted for review
by U.S. FDA
Read more
Biologics License Application resubmission accepted for review
by U.S. FDA
Read more
MTU Aero Engines beats forecasts thanks to maintenance division
BERLIN, April 28 (Reuters) - German aircraft engine maker
MTU Aero Engines reported a better than expected 19.6
percent rise in first quarter profit, driven by its business
maintaining commercial jet engines.
The company, whose customers include planemakers Boeing
, Airbus and Bombardier, reported
adjusted earnings before interest and tax (EBIT) of 157 million
euros ($170.6 million), against average analyst expectations
for 140 million euros.
Read more
MTU Aero Engines reported a better than expected 19.6
percent rise in first quarter profit, driven by its business
maintaining commercial jet engines.
The company, whose customers include planemakers Boeing
, Airbus and Bombardier, reported
adjusted earnings before interest and tax (EBIT) of 157 million
euros ($170.6 million), against average analyst expectations
for 140 million euros.
Read more
Genzyme, CHC lift Sanofi's first-quarter figures, upbeat on Dupixent
PARIS, April 28 (Reuters) - French drugmaker Sanofi reported
higher-than-expected first-quarter profits on Friday, buoyed by
its specialty care division Genzyme, by vaccines, and by
consumer products acquired from Germany's Boehringer Ingelheim.
Read more
higher-than-expected first-quarter profits on Friday, buoyed by
its specialty care division Genzyme, by vaccines, and by
consumer products acquired from Germany's Boehringer Ingelheim.
Read more
UK Stocks-Factors to watch on April 28
April 28 (Reuters) - Britain's FTSE 100 index is seen opening up 1
point at 7,238 on Friday, according to financial bookmakers.
* BARCLAYS: British bank Barclays Plc faces shareholder revolt over
whistleblower inquiry after a corporate governance firm advised shareholders not
to back his re-election to the board, The Times reported on Friday. (http://bit.ly/2qdvJ63)
* BP: BP Plc was restoring production on Thursday afternoon at two
crude distillation units at its 4
Read more
point at 7,238 on Friday, according to financial bookmakers.
* BARCLAYS: British bank Barclays Plc faces shareholder revolt over
whistleblower inquiry after a corporate governance firm advised shareholders not
to back his re-election to the board, The Times reported on Friday. (http://bit.ly/2qdvJ63)
* BP: BP Plc was restoring production on Thursday afternoon at two
crude distillation units at its 4
Read more
Morning News Call - India, April 28
(India Morning Newsletter will not be published on Monday, May 1 as markets are
closed for Maharashtra Din and May Day)
To access the newsletter, click on the link:
http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_04282017.pdf
If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/
FACTORS TO WATCH
9:30 am: Junior Finance Minister Arjun Meghwal at an industry event
Read more
BRIEF-NCS Multistage Holdings prices IPO of 9.5 mln shares of common stock at $17/shr
* Prices initial public offering of 9.5 million shares of
common stock at a public offering price of $17.00 per share
Source text for Eikon:
Further company coverage:
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common stock at a public offering price of $17.00 per share
Source text for Eikon:
Further company coverage:
Read more
PRECIOUS-Gold on track for biggest weekly decline in seven weeks
April 28 (Reuters) - Gold was little changed on Friday but
poised for the biggest weekly fall in seven weeks as investors
sought out riskier assets, dampening demand for gold, which pays
no interest.
FUNDAMENTALS
* Spot gold was steady at $1,263.81 per ounce, as of
0100 GMT.
* Gold is on track for the largest weekly percentage fall
since the week of March 10, down about 1.6 percent, but is
heading towards a gain of about 1.2 percent for the month.
* U.S. gold futures
Read more
poised for the biggest weekly fall in seven weeks as investors
sought out riskier assets, dampening demand for gold, which pays
no interest.
FUNDAMENTALS
* Spot gold was steady at $1,263.81 per ounce, as of
0100 GMT.
* Gold is on track for the largest weekly percentage fall
since the week of March 10, down about 1.6 percent, but is
heading towards a gain of about 1.2 percent for the month.
* U.S. gold futures
Read more
BRIEF-Home Capital Group announces resignation of Jim Keohane from board
* Keohane is president and CEO of healthcare of Ontario
Pension Plan, which today agreed to provide $2 billion line of
credit to Co
Read more
Pension Plan, which today agreed to provide $2 billion line of
credit to Co
Read more
UPDATE 5-Google parent Alphabet's profit up 29 pct on strong ad sales
April 27 (Reuters) - Google parent Alphabet Inc
posted a surge in profit and revenue on Thursday as its core
advertising business continued to grow at an extraordinary rate
and problems such as an advertiser boycott of YouTube had little
impact.
Read more
posted a surge in profit and revenue on Thursday as its core
advertising business continued to grow at an extraordinary rate
and problems such as an advertiser boycott of YouTube had little
impact.
Read more
UPDATE 1-U.S. software company Cloudera beats expectations in IPO: source
April 27 (Reuters) - U.S. software company Cloudera Inc
raised $225 million in an initial public offering on
Thursday, a source familiar with the situation said, giving the
company a market valuation of about $1.9 billion, a steep fall
from the $4.1 billion it was once valued at in the private
market.
Read more
raised $225 million in an initial public offering on
Thursday, a source familiar with the situation said, giving the
company a market valuation of about $1.9 billion, a steep fall
from the $4.1 billion it was once valued at in the private
market.
Read more
Software company Cloudera raises $225 million in IPO -source
April 27 (Reuters) - Software company Cloudera Inc
raised $225 million in an initial public offering on Thursday, a
source familiar with the situations said, giving the company a
market valuation of about $1.9 billion, a steep fall from the
$4.1 billion it was once valued at in the private market.
Read more
raised $225 million in an initial public offering on Thursday, a
source familiar with the situations said, giving the company a
market valuation of about $1.9 billion, a steep fall from the
$4.1 billion it was once valued at in the private market.
Read more
BRIEF-Gemalto Q1 revenue fell 6 percent to eur 651 million
* Launched a transition plan expected to contribute over eur 50 million to profit from
operations annually
Read more
operations annually
Read more
UPDATE 1-Third Point wants Honeywell to spin off aerospace
NEW YORK, April 27 (Reuters) - Third Point LLC said
Honeywell International Inc. should separate its
aerospace division, a move that would create more than $20
billion in shareholder value, according to the hedge fund.
Read more
Honeywell International Inc. should separate its
aerospace division, a move that would create more than $20
billion in shareholder value, according to the hedge fund.
Read more
BRIEF-MoneyGram Executive Chairman Pamela Patsley's 2016 total compensation $3.3 mln vs $10.9 mln
* MoneyGram International Inc's executive chairman Pamela
Patsley's 2016 total compensation was $3.3 million versus $10.9
million in 2015
Source text for Eikon:
Further company coverage:
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Patsley's 2016 total compensation was $3.3 million versus $10.9
million in 2015
Source text for Eikon:
Further company coverage:
Read more
BRIEF-ILOOKABOUT reports $5 mln bought deal financing
* ILOOKABOUT Inc - to sell 20 million common shares of
company at a price of $0.25 per common share
Read more
company at a price of $0.25 per common share
Read more
UPDATE 2-JPMorgan Chase & Co leaves blockchain consortium R3
NEW YORK, April 27 (Reuters) - JPMorgan Chase & Co has left
the mammoth bank blockchain consortium led by New York-based
startup R3 CEV, the latest member to depart over the course of
the company's fundraising process, R3 confirmed on Thursday.
Read more
the mammoth bank blockchain consortium led by New York-based
startup R3 CEV, the latest member to depart over the course of
the company's fundraising process, R3 confirmed on Thursday.
Read more
CORRECTED-United Airlines reaches settlement with passenger dragged from plane
April 27 (Reuters) - United Airlines has a reached a
settlement for an undisclosed sum with the passenger who was
dragged from a Chicago flight earlier this month in an incident
that sparked international outrage, an attorney for the
passenger said on Thursday.
Read more
settlement for an undisclosed sum with the passenger who was
dragged from a Chicago flight earlier this month in an incident
that sparked international outrage, an attorney for the
passenger said on Thursday.
Read more
UPDATE 1-U.S. FDA approves Biomarin's Batten disease drug
April 27 (Reuters) - The U.S. Food and Drug Administration
said on Thursday it had approved Biomarin Pharmaceutical Inc's
drug to treat a type of Batten disease, an extremely
rare disorder that mainly impacts the nervous system.
Read more
said on Thursday it had approved Biomarin Pharmaceutical Inc's
drug to treat a type of Batten disease, an extremely
rare disorder that mainly impacts the nervous system.
Read more
Alphabet CEO touts results of corporate restructuring
April 27 (Reuters) - Alphabet Chief Executive Larry Page
said on Thursday the holding company structure for search unit
Google and a host of new businesses is working well.
Read more
said on Thursday the holding company structure for search unit
Google and a host of new businesses is working well.
Read more
Suncor evaluates potential oil-sand deals as global majors exit
CALGARY, Alberta, April 27 (Reuters) - Suncor Energy
, Canada's largest energy producer, is still evaluating
opportunities for oil sands acquisitions in northern Alberta as
foreign oil majors exit the high-cost region, Chief Executive
Steve Williams said on Thursday.
Read more
, Canada's largest energy producer, is still evaluating
opportunities for oil sands acquisitions in northern Alberta as
foreign oil majors exit the high-cost region, Chief Executive
Steve Williams said on Thursday.
Read more
BRIEF-General Electric says awarded contract with Toshiba Plant System & Services Corp
* Awarded contract with Toshiba Plant System & Services Corp
to supply equipment for CEL II 135 MW coal fired power plant
Read more
to supply equipment for CEL II 135 MW coal fired power plant
Read more
US STOCKS-Tech earnings power Nasdaq to record high; S&P, Dow flat
* Dow down 0.07 pct, S&P down 0.05 pct, Nasdaq up 0.26 pct
(Adds details, comments, updates prices)
Read more
(Adds details, comments, updates prices)
Read more
Symphony adds large asset management clients in chat tool push
April 27 (Reuters) - Symphony Communications Services LLC
said on Thursday it had added a number of large asset managers
as customers including AB, Balyasny Asset Management LP, Boston
Partners and T. Rowe Price Group.
Read more
said on Thursday it had added a number of large asset managers
as customers including AB, Balyasny Asset Management LP, Boston
Partners and T. Rowe Price Group.
Read more
BRIEF-Eldorado Resorts and Isle Of Capri casinos say received regulatory approvals for merger
* Eldorado Resorts - Co, Isle Of Capri casinos received all
consents, approvals from state gaming commissions to consummate
previously announced merger
Read more
consents, approvals from state gaming commissions to consummate
previously announced merger
Read more
BRIEF-Ultragenyx initiates phase 3 study of UX007 in patients with disabling movement disorders
* Ultragenyx initiates global phase 3 study of UX007 in
GLUT1 DS patients with disabling movement disorders
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GLUT1 DS patients with disabling movement disorders
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BRIEF-CVR Partners Q1 loss per share $0.09
* CVR Partners reports 2017 first quarter results and
announces cash distribution of 2 cents
Read more
announces cash distribution of 2 cents
Read more
Domino's Pizza quarterly profit jumps 37.4 pct
April 27 (Reuters) - Domino's Pizza Inc's reported a
37.4 percent rise in quarterly profit, helped by higher demand
in the United States and more revenue from franchisees.
Read more
37.4 percent rise in quarterly profit, helped by higher demand
in the United States and more revenue from franchisees.
Read more
RPT-UPDATE 2-Mexican peso swing drives BBVA profit jump but Spain drags
MADRID, April 27 (Reuters) - BBVA reported a 70
percent rise in first-quarter profit on Thursday, helped by
improving business conditions in the bank's largest market
Mexico, though its shares fell due to weakness in Spain.
Read more
percent rise in first-quarter profit on Thursday, helped by
improving business conditions in the bank's largest market
Mexico, though its shares fell due to weakness in Spain.
Read more
Southwest profit falls 31.6 pct
April 27 (Reuters) - Southwest Airlines Co reported
a 31.6 percent fall in quarterly profit on Thursday as operating
expenses rose and average fares fell.
Read more
a 31.6 percent fall in quarterly profit on Thursday as operating
expenses rose and average fares fell.
Read more
BASF still out for agchem deals after missing out in auction
FRANKFURT, April 27 (Reuters) - German chemicals giant BASF
said it would continue to push for acquisitions to
shore up its crop protection business, after the
antitrust-related sale of assets from the merger of Dow Chemical
and DuPont left it empty-handed.
Read more
said it would continue to push for acquisitions to
shore up its crop protection business, after the
antitrust-related sale of assets from the merger of Dow Chemical
and DuPont left it empty-handed.
Read more
UPDATE 1-AstraZeneca hopes to escape drug sales trough in second half
* Focus on pivotal lung cancer trial results due mid-year
(Adds analyst comment, shares, detail on competitors)
Read more
(Adds analyst comment, shares, detail on competitors)
Read more
Airbus CFO says A330 production sustainable at 6 aircraft per month
PARIS, April 27 (Reuters) - Airbus will run out of orders
for the current version of its A330 jet in 2019, but is
confident of filling gaps in the production line for the rest of
that year with further sales, finance director Harald Wilhelm
said on Thursday.
Read more
for the current version of its A330 jet in 2019, but is
confident of filling gaps in the production line for the rest of
that year with further sales, finance director Harald Wilhelm
said on Thursday.
Read more
Wednesday, April 26, 2017
BRIEF-Lloyds bank CEO says does not expect any rate hike in 2017
* Lloyds bank CEO says does not expect any base interest
rate increase in 2017
Source text for Eikon:
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(Reporting by Lawrence White)
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rate increase in 2017
Source text for Eikon:
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(Reporting by Lawrence White)
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Nikkei dips taking cues from Wall Street, sentiment firm
TOKYO, April 27 (Reuters) - Japan's Nikkei share average
dipped on Thursday tracking retreat in Wall Street shares on
disappointment over the U.S. tax plan, but advancers outnumbered
decliners by almost two-to-one on strong sentiment following
receding political worries in Europe.
Read more
dipped on Thursday tracking retreat in Wall Street shares on
disappointment over the U.S. tax plan, but advancers outnumbered
decliners by almost two-to-one on strong sentiment following
receding political worries in Europe.
Read more
Airbus Q1 core profit down 52 pct, reaffirms targets
PARIS, April 27 (Reuters) - Europe's Airbus on
Thursday posted a 52 percent drop in first-quarter profit,
weighed down by weaker prices for some jets as it changes over
to new models and higher production costs, but reaffirmed
targets for higher profits for the year.
Read more
Thursday posted a 52 percent drop in first-quarter profit,
weighed down by weaker prices for some jets as it changes over
to new models and higher production costs, but reaffirmed
targets for higher profits for the year.
Read more
BRIEF-Barnes & Noble names Demos Parneros CEO - NYT
* Barnes & Noble names Demos Parneros chief executive, its
fourth since 2013 - NYT
Source text - http://nyti.ms/2q9HwlW
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fourth since 2013 - NYT
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UPDATE 2-China March industrial profits soar 23.8 pct on building boom but pace slowing
* But rate of growth is slowing as commodities prices recoil
(Adds breakdown by sectors and quotes from stats bureau)
Read more
(Adds breakdown by sectors and quotes from stats bureau)
Read more
BRIEF-Verona Pharma announces pricing of global offering, approval to list on NASDAQ
* Verona Pharma announces pricing of global offering and
approval to list on the NASDAQ global market
Read more
approval to list on the NASDAQ global market
Read more
China, Europe pledge closer aviation ties ahead of landmark jet launch
SHANGHAI, April 27 (Reuters) - Chinese and European aviation
regulators said on Thursday they will forge closer ties over
aircraft manufacturing and certification as the global industry
turns its eyes to China ahead of the maiden flight of the
Chinese-built C919 jet.
Read more
regulators said on Thursday they will forge closer ties over
aircraft manufacturing and certification as the global industry
turns its eyes to China ahead of the maiden flight of the
Chinese-built C919 jet.
Read more
UPDATE 2-Canadian police investigate Facebook beating video in murder case
WINNIPEG, Manitoba, April 26 (Reuters) - Canadian police
said on Wednesday they were investigating whether a beating
captured on video, reported to have been distributed through
social networking site Facebook Inc, may be connected to
a young woman's murder.
Read more
said on Wednesday they were investigating whether a beating
captured on video, reported to have been distributed through
social networking site Facebook Inc, may be connected to
a young woman's murder.
Read more
UPDATE 1-U.S. launches national security probe into aluminum imports
WASHINGTON, April 26 (Reuters) - The U.S. Commerce
Department launched an investigation on Wednesday to determine
whether a flood of aluminum imports from China and elsewhere was
compromising U.S. national security, a step that could lead to
broad import restrictions on the metal.
Read more
Department launched an investigation on Wednesday to determine
whether a flood of aluminum imports from China and elsewhere was
compromising U.S. national security, a step that could lead to
broad import restrictions on the metal.
Read more
BRIEF-Tenaris reports qtrly earnings per share $0.17
* Estimate that global demand for octg products in 2017 will
increase in range of 35-40% with respect to 2016
Read more
increase in range of 35-40% with respect to 2016
Read more
PRECIOUS-Gold off 2-week lows on Trump tax reform doubts; BOJ, ECB awaited
April 27 (Reuters) - Gold on Thursday edged away from
two-week lows hit in the previous session on scepticism over
President Trump's proposed U.S. tax reform, with markets
awaiting central bank meetings in Europe and Japan.
FUNDAMENTALS
* Spot gold was down 0.1 percent at $1,266.80 per
ounce, as of 0115 GMT. Bullion prices edged away from a two-week
low of 1,259.90 hit in the previous session.
* U.S. gold futures climbed 0.3 percent to $1,267.70
an ounce.
Read more
two-week lows hit in the previous session on scepticism over
President Trump's proposed U.S. tax reform, with markets
awaiting central bank meetings in Europe and Japan.
FUNDAMENTALS
* Spot gold was down 0.1 percent at $1,266.80 per
ounce, as of 0115 GMT. Bullion prices edged away from a two-week
low of 1,259.90 hit in the previous session.
* U.S. gold futures climbed 0.3 percent to $1,267.70
an ounce.
Read more
Shares in Takata suspended after reported bankruptcy filing plan
TOKYO, April 27 (Reuters) - Trading in shares of Japan's
Takata Corp was suspended on Thursday after a newspaper
report that the embattled auto parts maker was considering
filing for bankruptcy protection, selling all operations to a
newly created company.
Read more
Takata Corp was suspended on Thursday after a newspaper
report that the embattled auto parts maker was considering
filing for bankruptcy protection, selling all operations to a
newly created company.
Read more
UPDATE 1-Mexico's Televisa sees 1st-qtr profit surge on forex gains
MEXICO CITY, April 26 (Reuters) - Mexican broadcaster Grupo
Televisa's first-quarter profit jumped on Wednesday, rising 125
percent compared with the same quarter last year, largely thanks
to currency fluctuations.
Read more
Televisa's first-quarter profit jumped on Wednesday, rising 125
percent compared with the same quarter last year, largely thanks
to currency fluctuations.
Read more
Mexico broadcaster Televisa's 1st-qtr profit jumps 125 percent to $72 mln
MEXICO CITY, April 26 (Reuters) - Mexican broadcaster Grupo
Televisa on Wednesday reported a first-quarter
profit of 1.35 billion pesos ($72.1 million), up 125 percent
compared with the same period last year.
Read more
Televisa on Wednesday reported a first-quarter
profit of 1.35 billion pesos ($72.1 million), up 125 percent
compared with the same period last year.
Read more
Australia's Wesfarmers says Q3 supermarket sales up 1.2 pct
SYDNEY, April 27 (Reuters) - Australia's Wesfarmers Ltd
, owner of the country's No. 2 grocery chain, said third
quarter food and liquor sales rose 1.2 percent as a strategy of
cutting shelf prices to win customers was offset by higher
wholesale prices.
Read more
, owner of the country's No. 2 grocery chain, said third
quarter food and liquor sales rose 1.2 percent as a strategy of
cutting shelf prices to win customers was offset by higher
wholesale prices.
Read more
BRIEF-Oil States International reports Q1 loss per share $0.35
* Offshore/manufactured products backlog at three months
ended March 31, 2017 $204.4 million versus $305.6 million
Read more
ended March 31, 2017 $204.4 million versus $305.6 million
Read more
BRIEF-FS Bancorp Inc reports Q1 earnings per share $0.85
* FS Bancorp Inc reports net income for the first quarter of
$2.6 million or $0.85 per diluted share and announces a 10%
increase in the quarterly cash dividend to $0.11 per share
Read more
$2.6 million or $0.85 per diluted share and announces a 10%
increase in the quarterly cash dividend to $0.11 per share
Read more
BRIEF-Traverse Energy reports private placement financing
* Traverse Energy - intends to complete non-brokered private
placement of up to of 5 million common shares and 2.4 million
warrants for gross proceeds of $2 million
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placement of up to of 5 million common shares and 2.4 million
warrants for gross proceeds of $2 million
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UPDATE 4-Trump orders review of national monuments to allow development
WASHINGTON, April 26 (Reuters) - U.S. President Donald Trump
has signed an executive order to allow national monument
designations to be rescinded or reduce the size of sites as the
administration pushes to open up more federal land to drilling,
mining and other development.
Read more
has signed an executive order to allow national monument
designations to be rescinded or reduce the size of sites as the
administration pushes to open up more federal land to drilling,
mining and other development.
Read more
UPDATE 2-Ex-Jefferies Group trader sentenced to two years for fraud
NEW HAVEN, Conn., April 26 (Reuters) - A federal judge in
Connecticut on Wednesday sentenced a former Jefferies Group bond
trader to serve two years in prison and pay a $2 million fine
after he was found guilty earlier this year of defrauding
customers on bond prices.
Read more
Connecticut on Wednesday sentenced a former Jefferies Group bond
trader to serve two years in prison and pay a $2 million fine
after he was found guilty earlier this year of defrauding
customers on bond prices.
Read more
UPDATE 1-U.S. top court grapples over making copycat biologics available sooner
WASHINGTON, April 26 (Reuters) - U.S. Supreme Court justices
on Wednesday struggled over whether to speed up the time it
takes to bring to the market copycat versions of biologic drugs,
expensive medicines that can generate billions of dollars in
sales for drug makers.
Read more
on Wednesday struggled over whether to speed up the time it
takes to bring to the market copycat versions of biologic drugs,
expensive medicines that can generate billions of dollars in
sales for drug makers.
Read more
UPDATE 1-Cargill in consortium that may build Brazil railway -report
SAO PAULO, April 26 (Reuters) - Cargill Inc is part of a
group of grain trading companies analyzing whether to build
Brazil's Ferrogrão railway, which could require investments of
up to 15 billion reais ($4.8 billion), O Estado de S. Paulo
newspaper reported on Wednesday.
Read more
group of grain trading companies analyzing whether to build
Brazil's Ferrogrão railway, which could require investments of
up to 15 billion reais ($4.8 billion), O Estado de S. Paulo
newspaper reported on Wednesday.
Read more
CORRECTED-Trading startup Robinhood raises $110 million in new funding round
NEW YORK, April 26 (Reuters) - Commission-free trading
startup Robinhood has raised $110 million in a round led by
Russian billionaire Yuri Milner's investment group DST Global,
valuing the company at $1.3 billion.
Read more
startup Robinhood has raised $110 million in a round led by
Russian billionaire Yuri Milner's investment group DST Global,
valuing the company at $1.3 billion.
Read more
BRIEF-China Commercial Credit files for mixed shelf offering of up to $30 mln
* China Commercial Credit Inc files for mixed shelf offering
of up to $30 million - SEC filing
Source text (http://bit.ly/2plYM6w)
Further company coverage:
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of up to $30 million - SEC filing
Source text (http://bit.ly/2plYM6w)
Further company coverage:
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Charter, AMC team up to produce original programming
NEW YORK, April 26 (Reuters) - Charter Communications Inc
will develop and produce original programming with AMC
Networks Inc, which is known for the show "The Walking
Dead," to differentiate its content offerings, the cable company
said on Wednesday.
Read more
will develop and produce original programming with AMC
Networks Inc, which is known for the show "The Walking
Dead," to differentiate its content offerings, the cable company
said on Wednesday.
Read more
UPDATE 1-GE fixing bug in software after warning about power grid hacks
April 26 (Reuters) - General Electric Co said on
Wednesday it is fixing a bug in software used to control the
flow of electricity in a utility's power systems after
researchers found that hackers could shut down parts of an
electric grid.
Read more
Wednesday it is fixing a bug in software used to control the
flow of electricity in a utility's power systems after
researchers found that hackers could shut down parts of an
electric grid.
Read more
BRIEF-Transport Canada, EASA award steep approach certifications to Bombardier CS100 aircraft
* Transport Canada and EASA award steep approach
certifications to Bombardier CS100 aircraft
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certifications to Bombardier CS100 aircraft
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BRIEF-W.W. Grainger increases quarterly dividend by 5 percent
* Increases quarterly cash dividend by 5 percent to $1.28
per share
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per share
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MOVES-Oakley Capital says Ralf Schremper to join as a partner
April 25 (Reuters) - Private equity firm Oakley Capital Ltd
said Ralf Schremper would join as a partner, effective
August, to help build the firm's presence in Germany, Austria
and Switzerland.
Read more
said Ralf Schremper would join as a partner, effective
August, to help build the firm's presence in Germany, Austria
and Switzerland.
Read more
Don't write off Brazil despite two bad years -AB InBev CEO
BRUSSELS, April 26 (Reuters) - Anheuser-Busch InBev
, the world's largest brewer, remains convinced about
the potential of the Brazilian consumer market despite declining
beer sales over the past two years and a particularly tough
2016.
Read more
, the world's largest brewer, remains convinced about
the potential of the Brazilian consumer market despite declining
beer sales over the past two years and a particularly tough
2016.
Read more
BRIEF-Western New England Bancorp quarterly earnings per share $0.17
* Western New England Bancorp, Inc reports results for
quarter ended March 31, 2017 and declares quarterly dividend
Read more
quarter ended March 31, 2017 and declares quarterly dividend
Read more
UPDATE 2-Norfolk Southern reports higher first-quarter profit
April 26 (Reuters) - Norfolk Southern Corp, the No.
4 U.S. railroad, reported a higher first-quarter net profit on
Wednesday, as income from railway operations rose and as it
recorded a lower effective income tax rate.
Read more
4 U.S. railroad, reported a higher first-quarter net profit on
Wednesday, as income from railway operations rose and as it
recorded a lower effective income tax rate.
Read more
Hess reports smaller quarterly loss on higher crude prices
April 26 (Reuters) - U.S. oil producer Hess Corp
reported a smaller quarterly loss on Wednesday, helped by an
uptick in crude prices and lower operating costs.
Read more
reported a smaller quarterly loss on Wednesday, helped by an
uptick in crude prices and lower operating costs.
Read more
UPDATE 1-Rockwell Automation bumps up 2017 forecasts
April 26 (Reuters) - Factory automation systems maker
Rockwell Automation Inc raised its revenue and profit
forecasts for fiscal 2017, citing improving outlook for
industrial production growth.
Read more
Rockwell Automation Inc raised its revenue and profit
forecasts for fiscal 2017, citing improving outlook for
industrial production growth.
Read more
BRIEF-Nasdaq Inc Q1 GAAP earnings per share $0.99
* Q1 GAAP earnings per share $0.99; Q1 non-GAAP earnings per
share $1.10; Q1 net revenue $583 million, up 9 percent
Read more
share $1.10; Q1 net revenue $583 million, up 9 percent
Read more
PRESS DIGEST- Canada - April 26
April 26 (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
KKR to buy Hitachi Kokusai Electric for $2.3 bln
TOKYO, April 26 (Reuters) - U.S. buyout firm KKR said on
Wednesday it has agreed to buy Hitachi Ltd's electronic
equipment unit for 257 billion yen ($2.3 billion) with
investment fund Japan Industrial Partners Inc (JIP).
Read more
Wednesday it has agreed to buy Hitachi Ltd's electronic
equipment unit for 257 billion yen ($2.3 billion) with
investment fund Japan Industrial Partners Inc (JIP).
Read more
UPDATE 1-UK not seeking divide and rule approach in Brexit talks -minister
LONDON, April 26 (Reuters) - Britain will not seek to take a
divide and rule approach with the other 27 member states of the
European Union in upcoming Brexit negotiations, Brexit minister
David Davis said on Wednesday.
Read more
divide and rule approach with the other 27 member states of the
European Union in upcoming Brexit negotiations, Brexit minister
David Davis said on Wednesday.
Read more
BRIEF-Teck doubles dividend and announces dividend policy
* Teck Resources - initial eligible dividend of $0.10 per
share on its outstanding class A common shares and class B
subordinate voting shares
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share on its outstanding class A common shares and class B
subordinate voting shares
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UPDATE 1-Strong quarter sends broadcaster CME's shares to 3-1/2 year high
PRAGUE, April 26 (Reuters) - Central European Media
Enterprises' (CME) shares soared to a 3-1/2
year high on Wednesday after the broadcaster reported an
estimate-beating 29 percent rise in first-quarter core profit
powered by strengthening ad markets.
Read more
Enterprises' (CME) shares soared to a 3-1/2
year high on Wednesday after the broadcaster reported an
estimate-beating 29 percent rise in first-quarter core profit
powered by strengthening ad markets.
Read more
Lloyds says ex-judge Linda Dobbs to review its handling of fraud case
LONDON, April 26 (Reuters) - Lloyds Banking Group
on Wednesday said it had appointed retired high court judge
Linda Dobbs to review its own handling of a fraud at the Reading
branch of its HBOS unit for which six people were jailed earlier
this year.
Read more
on Wednesday said it had appointed retired high court judge
Linda Dobbs to review its own handling of a fraud at the Reading
branch of its HBOS unit for which six people were jailed earlier
this year.
Read more
UPDATE 1-LSE reports higher income, says exploring investments
April 26 (Reuters) - London Stock Exchange Group
reported higher quarterly income as its clearing and FTSE
Russell index compiling businesses grew strongly, adding it was
exploring investments to drive growth after the collapse of its
proposed Deutsche Boerse merger.
Read more
reported higher quarterly income as its clearing and FTSE
Russell index compiling businesses grew strongly, adding it was
exploring investments to drive growth after the collapse of its
proposed Deutsche Boerse merger.
Read more
Tuesday, April 25, 2017
Swiss stocks - Factors to watch on April 26
ZURICH, April 26 (Reuters) - The Swiss blue-chip SMI
was seen opening 0.12 percent higher at 8,786 points on
Wednesday, according to premarket indications by bank Julius
Baer.
Read more
was seen opening 0.12 percent higher at 8,786 points on
Wednesday, according to premarket indications by bank Julius
Baer.
Read more
BRIEF-Syngenta announces changes to board amid ChemChina takeover
* Says four of syngenta’s existing board members will become
independent directors with effect from the change of control
Read more
independent directors with effect from the change of control
Read more
MIDEAST STOCKS - Factors to watch - April 26
DUBAI, April 26 (Reuters) - Here are some factors that may
affect Middle East stock markets on Wednesday. Reuters has not
verified the press reports and does not vouch for their
accuracy.
Read more
affect Middle East stock markets on Wednesday. Reuters has not
verified the press reports and does not vouch for their
accuracy.
Read more
McDonald's drops plan to sell shares in Japan unit
TOKYO, April 26 (Reuters) - McDonald's Corp has put
on hold plans to sell shares in its Japan unit, which recently
returned to profit for the first time in three years after a
series of food scandals shook consumer confidence in the chain.
The fast food giant has "made the decision to not proceed
with the transaction at this time," Chief Finance Officer Kevin
M. Ozan told investors on a conference call on Tuesday.
Read more
on hold plans to sell shares in its Japan unit, which recently
returned to profit for the first time in three years after a
series of food scandals shook consumer confidence in the chain.
The fast food giant has "made the decision to not proceed
with the transaction at this time," Chief Finance Officer Kevin
M. Ozan told investors on a conference call on Tuesday.
Read more
S.Korea court says Uber violated transport law, latest setback for US firm
SEOUL, April 26 (Reuters) - A South Korean court on
Wednesday ruled that the ride-hailing group Uber Technologies
Inc illegally used private vehicles for commercial
purposes, in the latest legal setback for the U.S. firm in
Asia's fourth biggest economy.
Read more
Wednesday ruled that the ride-hailing group Uber Technologies
Inc illegally used private vehicles for commercial
purposes, in the latest legal setback for the U.S. firm in
Asia's fourth biggest economy.
Read more
BRIEF-MediciNova says exploratory interim clinical outcomes data from clinical trial of MN-166 in ALS
* Says it announced exploratory interim clinical outcomes
data from clinical trial of MN-166 (ibudilast) in ALS presented
at the American Academy of Neurology (AAN) 69th Annual Meeting
in Boston
Read more
data from clinical trial of MN-166 (ibudilast) in ALS presented
at the American Academy of Neurology (AAN) 69th Annual Meeting
in Boston
Read more
U.S. commerce secretary eyes more trade moves -WSJ
WASHINGTON, April 25 (Reuters) - The Trump administration
may undertake trade actions to protect the U.S. semiconductor,
shipbuilding and aluminum industries, citing national security
concerns, Commerce Secretary Wilbur Ross told the Wall Street
Journal in an interview on Tuesday.
Read more
may undertake trade actions to protect the U.S. semiconductor,
shipbuilding and aluminum industries, citing national security
concerns, Commerce Secretary Wilbur Ross told the Wall Street
Journal in an interview on Tuesday.
Read more
METALS-London copper buoyed as dollar drops
SYDNEY, April 26 (Reuters) - London copper held near its
highest in a week on Wednesday as the U.S. dollar lost ground
against the euro in the wake of the French election, making
commodities more affordable for buyers paying with other
currencies.
FUNDAMENTALS
* LME COPPER: London Metal Exchange copper edged up
by 0.2 percent to $5,717 a tonne by 0128 GMT, adding to a 0.9
percent gain from the previous session. LME copper prices on
Tuesday hit a one week top at $5,722 a tonne,
Read more
highest in a week on Wednesday as the U.S. dollar lost ground
against the euro in the wake of the French election, making
commodities more affordable for buyers paying with other
currencies.
FUNDAMENTALS
* LME COPPER: London Metal Exchange copper edged up
by 0.2 percent to $5,717 a tonne by 0128 GMT, adding to a 0.9
percent gain from the previous session. LME copper prices on
Tuesday hit a one week top at $5,722 a tonne,
Read more
BRIEF-Siteone Landscape Supply prices secondary public offering of common stock
* Says secondary public offering of 10.0 million common
shares priced at $47.50 per share
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shares priced at $47.50 per share
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Trump administration to review dozens of U.S. national monuments
WASHINGTON, April 25 (Reuters) - U.S. President Donald Trump
on Wednesday will order a review of national monuments created
over the past 20 years with an aim toward rescinding or resizing
some of them - part of a broader push to reopen areas to
drilling, mining and other development.
Read more
on Wednesday will order a review of national monuments created
over the past 20 years with an aim toward rescinding or resizing
some of them - part of a broader push to reopen areas to
drilling, mining and other development.
Read more
BRIEF-Canada PM tells Trump he will defend softwood lumber industry - statement
Canadian PM talks to President Trump, "refuted the baseless
allegations" of u.s. Commerce department on lumber - statement
from Trudeau's office
Read more
allegations" of u.s. Commerce department on lumber - statement
from Trudeau's office
Read more
BRIEF-Canadian Equipment Rentals reports qtrly loss per share $0.08
* Qtrly revenue $3.4 million versus $2.4 million last year
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UPDATE 1-Mexico America Movil profit surges on forex gains
MEXICO CITY, April 25 (Reuters) - Mexican billionaire Carlos
Slim's telecoms company America Movil posted a
sevenfold increase in first-quarter net profit on Tuesday on the
back of foreign exchange gains as the peso appreciated against
the dollar and euro.
Read more
Slim's telecoms company America Movil posted a
sevenfold increase in first-quarter net profit on Tuesday on the
back of foreign exchange gains as the peso appreciated against
the dollar and euro.
Read more
BRIEF-Costco Wholesale says special cash dividend of $7 per share
* Costco Wholesale Corporation reports special cash dividend
of $7.00 per share and increase in quarterly cash dividend
Read more
of $7.00 per share and increase in quarterly cash dividend
Read more
Deals of the day-Mergers and acquisitions
April 25 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2000 GMT on Tuesday:
Read more
acquisitions and disposals were reported by 2000 GMT on Tuesday:
Read more
US STOCKS SNAPSHOT-Nasdaq breaches 6,000 as earnings power Wall St higher
NEW YORK, April 25 (Reuters) - The Nasdaq Composite stock
index hit a record high on Tuesday, while the Dow and S&P 500
brushed against recent peaks as strong earnings underscored the
health of Corporate America.
Read more
index hit a record high on Tuesday, while the Dow and S&P 500
brushed against recent peaks as strong earnings underscored the
health of Corporate America.
Read more
'Star Wars: Episode IX' gets May 2019 release date: Disney
April 25 (Reuters) - The final film in the new "Star Wars"
trilogy, "Star Wars: Episode IX," will be released in May 2019,
movie studio Walt Disney Co said on Tuesday.
Read more
trilogy, "Star Wars: Episode IX," will be released in May 2019,
movie studio Walt Disney Co said on Tuesday.
Read more
UPDATE 1-U.S. Supreme Court may limit where companies can be sued
WASHINGTON, April 25 (Reuters) - The U.S. Supreme Court on
Tuesday appeared poised to clamp down on where corporations can
be sued, a potential setback for plaintiffs' lawyers who strive
to bring cases in courts and locales they consider friendly.
Read more
Tuesday appeared poised to clamp down on where corporations can
be sued, a potential setback for plaintiffs' lawyers who strive
to bring cases in courts and locales they consider friendly.
Read more
Alibaba's Ma champions U.N. e-commerce drive for development
GENEVA, April 25 (Reuters) - Alibaba Executive Chairman Jack
Ma said on Tuesday the Internet should be a utility available to
the whole world, putting his weight behind a U.N. call for
e-commerce to boost developing economies and help fight poverty.
Read more
Ma said on Tuesday the Internet should be a utility available to
the whole world, putting his weight behind a U.N. call for
e-commerce to boost developing economies and help fight poverty.
Read more
JetBlue delays some jet deliveries, swaps Airbus models
NEW YORK, April 25 (Reuters) - JetBlue Airways Corp
said it is postponing delivery of 13 aircraft scheduled for 2019
and 2020, and has swapped its 2018 Airbus order of A321neos to
11 A321ceos, which have an earlier engine design.
Read more
said it is postponing delivery of 13 aircraft scheduled for 2019
and 2020, and has swapped its 2018 Airbus order of A321neos to
11 A321ceos, which have an earlier engine design.
Read more
UPDATE 3-Verizon's bid challenges AT&T's offer for Straight Path-source
* Straight Path shares up 6.4 pct at $118, above the bid
price
(Adds that new bidder for Straight Path is Verizon)
Read more
price
(Adds that new bidder for Straight Path is Verizon)
Read more
UPDATE 2-Wells Fargo shareholders disrupt meeting as fate of board members awaited
PONTE VEDRA BEACH, Fla., April 25 (Reuters) - Wells Fargo &
Co's annual meeting was repeatedly interrupted on
Tuesday by angry shareholders seeking answers about the bank's
sales practices scandal ahead of a vote that could oust the
majority of its board.
Read more
Co's annual meeting was repeatedly interrupted on
Tuesday by angry shareholders seeking answers about the bank's
sales practices scandal ahead of a vote that could oust the
majority of its board.
Read more
UPDATE 1-Valero CEO expects Q2 biofuel costs to be 'a significant headwind'
HOUSTON, April 25 (Reuters) - Valero Energy Corp
Chairman and Chief Executive Joe Gorder said he expects costs
for renewable fuel credits to drag on the company's returns in
the second quarter of 2017.
Read more
Chairman and Chief Executive Joe Gorder said he expects costs
for renewable fuel credits to drag on the company's returns in
the second quarter of 2017.
Read more
Citigroup shareholder meeting briefly interrupted by protesters
NEW YORK, April 25 (Reuters) - The Citigroup Inc
annual shareholder meeting was briefing interrupted by
protesters beating a drum and calling for divestitures from
resource extraction businesses.
Read more
annual shareholder meeting was briefing interrupted by
protesters beating a drum and calling for divestitures from
resource extraction businesses.
Read more
UPDATE 2-Nestle to cut almost 300 UK jobs, move some production to Poland
LONDON, April 25 (Reuters) - Nestle plans to cut
almost 300 jobs in Britain as it simplifies its operations and
moves production of Blue Riband biscuits to Poland, becoming the
latest food and drink maker to reduce its UK operations as the
country prepares to leave the European Union.
Read more
almost 300 jobs in Britain as it simplifies its operations and
moves production of Blue Riband biscuits to Poland, becoming the
latest food and drink maker to reduce its UK operations as the
country prepares to leave the European Union.
Read more
UPDATE 2-Teck Resources profit misses estimates as costs rise, shares slip
TORONTO, April 25 (Reuters) - Teck Resources Ltd
, North America's largest producer of steelmaking coal,
reported earnings and revenue that lagged expectations on
weakness at its zinc unit, sending its U.S.-listed shares down
about 6 percent.
Read more
, North America's largest producer of steelmaking coal,
reported earnings and revenue that lagged expectations on
weakness at its zinc unit, sending its U.S.-listed shares down
about 6 percent.
Read more
BRIEF-Engaged Capital says initiates litigation to restore record date for annual meeting previously announced by Rent-A-Center
* Engaged Capital LLC says initiates litigation in Delaware
to restore record date for annual meeting previously announced
by Rent-A-Center
Read more
to restore record date for annual meeting previously announced
by Rent-A-Center
Read more
UPDATE 1-Freeport hit by Indonesia export ban, permit talks to start
TORONTO, April 25 (Reuters) - Freeport-McMoRan Inc,
the world's biggest publicly listed copper miner, reported
first-quarter results on Tuesday that reflected a months-long
Indonesian export ban at its massive Grasberg mine, which
clipped sales.
Read more
the world's biggest publicly listed copper miner, reported
first-quarter results on Tuesday that reflected a months-long
Indonesian export ban at its massive Grasberg mine, which
clipped sales.
Read more
McDonald's U.S. comparable sales rise 1.7 pct
April 25 (Reuters) - McDonald's Corp reported a
better-than-expected increase in quarterly sales at established
U.S. restaurants, boosted by the expansion of all-day breakfast,
and Big Mac and beverage value promotions.
Read more
better-than-expected increase in quarterly sales at established
U.S. restaurants, boosted by the expansion of all-day breakfast,
and Big Mac and beverage value promotions.
Read more
UPDATE 1-Valero's results beat on strong demand for refined products
April 25 (Reuters) - Valero Energy Corp reported
better-than-expected results as sales in its refining business
shot up 40 percent, helped by robust gasoline demand and
declining refined product inventories in the United States.
Read more
better-than-expected results as sales in its refining business
shot up 40 percent, helped by robust gasoline demand and
declining refined product inventories in the United States.
Read more
UPDATE 1-Israel Chemicals in talks to sell stake in desalination firm IDE
JERUSALEM, April 25 (Reuters) - Israel Chemicals
said on Tuesday it is in talks to sell its 50 percent stake in
water desalination firm IDE Technologies in a deal which Israeli
media reported could fetch about $180 million.
Read more
said on Tuesday it is in talks to sell its 50 percent stake in
water desalination firm IDE Technologies in a deal which Israeli
media reported could fetch about $180 million.
Read more
BRIEF-Prescient closes $40 mln in Series D capital raise
* Prescient closes $40 million in Series D capital raise
Source text for Eikon:
Further company coverage:
Read more
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Ennis Q4 earnings per share $0.28
* Ennis Inc reports results for the year and quarter ended
February 28, 2017 and sets record date for annual shareholder
meeting
Read more
February 28, 2017 and sets record date for annual shareholder
meeting
Read more
Boeing near decision to launch 737-10 jet -sources
PARIS, April 25 (Reuters) - Boeing is nearing a
decision to launch a larger version of its 737 passenger jet to
counter strong sales of the Airbus A321neo, after a
breakthrough on the design for one of its parts, industry
sources said.
Read more
decision to launch a larger version of its 737 passenger jet to
counter strong sales of the Airbus A321neo, after a
breakthrough on the design for one of its parts, industry
sources said.
Read more
UPDATE 1-Amec Foster's full-year pretax loss doubles to 542 mln stg
April 25 (Reuters) - British oil and gas services company
Amec Foster Wheeler Plc, which is being bought by John
Wood Group Plc, said its full-year losses more than
doubled as oil companies continued to delay or cancel service
contracts.
Read more
Amec Foster Wheeler Plc, which is being bought by John
Wood Group Plc, said its full-year losses more than
doubled as oil companies continued to delay or cancel service
contracts.
Read more
BRIEF-Sibanye Gold investors back Stillwater Mining deal at general meeting
* Resolutions for approval, implementation of acquisition of
Stillwater Mining passed by requisite majority of votes at
meeting at 09:00, April 25
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +91 806 749 1136)
Read more
Stillwater Mining passed by requisite majority of votes at
meeting at 09:00, April 25
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +91 806 749 1136)
Read more
Government costs could rise $2.3 bln without Obamacare payments -study
WASHINGTON, April 25 (Reuters) - The U.S. government's costs
could increase by $2.3 billion in 2018 if Congress and President
Donald Trump decide not to fund Obamacare-related payments to
health insurers, according to a study released Tuesday by the
Kaiser Family Foundation.
Read more
could increase by $2.3 billion in 2018 if Congress and President
Donald Trump decide not to fund Obamacare-related payments to
health insurers, according to a study released Tuesday by the
Kaiser Family Foundation.
Read more
UPDATE 1-UK Stocks-Factors to watch on April 25
April 25 (Reuters) - Britain's FTSE 100 index is
seen opening up 18 points on Tuesday, according to financial
bookmakers, with futures up 0.2 percent ahead of the
cash market open.
Read more
seen opening up 18 points on Tuesday, according to financial
bookmakers, with futures up 0.2 percent ahead of the
cash market open.
Read more
Monday, April 24, 2017
BRIEF-Servier,CTI Biopharma expand Pixuvri license and collaboration agreement
* Servier and CTI Biopharma expand license and collaboration
agreement to develop and commercialize Pixuvri
Read more
agreement to develop and commercialize Pixuvri
Read more
Swiss stocks - Factors to watch on April 25
ZURICH, April 25 (Reuters) - The Swiss blue-chip SMI
was seen opening little changed at 8,710 points on Tuesday,
according to premarket indications by bank Julius Baer
.
Read more
was seen opening little changed at 8,710 points on Tuesday,
according to premarket indications by bank Julius Baer
.
Read more
U.S. East Coast refiners eye Texas oil as North Dakota alternative
NEW YORK, April 25 (Reuters) - U.S. East Coast refiners are
looking to buy increasing volumes of domestic crude oil from the
Gulf Coast, two sources said, the latest twist in a trade flow
upheaval in the wake of the opening of the Dakota Access
pipeline.
Read more
looking to buy increasing volumes of domestic crude oil from the
Gulf Coast, two sources said, the latest twist in a trade flow
upheaval in the wake of the opening of the Dakota Access
pipeline.
Read more
PRESS DIGEST- New York Times business news - April 25
April 25 (Reuters) - The following are the top stories on
the New York Times business pages. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
the New York Times business pages. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
For Wells Fargo directors, narrow wins may not be enough
April 25 (Reuters) - A shareholder vote scheduled for
Tuesday could throw Wells Fargo & Co's leadership into
question if many directors, criticized for their slow response
to the bank's phony-account scandal, fail to win solid
majorities.
Read more
Tuesday could throw Wells Fargo & Co's leadership into
question if many directors, criticized for their slow response
to the bank's phony-account scandal, fail to win solid
majorities.
Read more
Morning News Call - India, April 25
To access the newsletter, click on the link:
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FACTORS TO WATCH
10:00 am: Farm Minister Radha Mohan Singh at an event in New Delhi.
11:00 am: DIPP Joint Secretary Rajeev Aggarwal at an event in New Delhi.
11:00 am: Revenue Secretary Hasmukh Adhia to brief
Read more
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FACTORS TO WATCH
10:00 am: Farm Minister Radha Mohan Singh at an event in New Delhi.
11:00 am: DIPP Joint Secretary Rajeev Aggarwal at an event in New Delhi.
11:00 am: Revenue Secretary Hasmukh Adhia to brief
Read more
UPDATE 2-Ahead of NAFTA talks, U.S. sets 20 pct duties on Canadian softwood lumber
WASHINGTON, April 24 (Reuters) - The United States will
impose preliminary anti-subsidy duties averaging 20 percent on
imports of Canadian softwood lumber, Commerce Secretary Wilbur
Ross said on Monday, escalating a long-running trade dispute
between the two neighbors.
Read more
impose preliminary anti-subsidy duties averaging 20 percent on
imports of Canadian softwood lumber, Commerce Secretary Wilbur
Ross said on Monday, escalating a long-running trade dispute
between the two neighbors.
Read more
BRIEF-Baiyin Nonferrous' unit to invest in South Africa's Sibanye Gold for up to $200 mln
* Says its unit Gold One Group Limited plans to invest up to
$200 million to South Africa's Sibanye Gold Limited
Read more
$200 million to South Africa's Sibanye Gold Limited
Read more
Apple delays release of first original series 'Carpool Karaoke'
LOS ANGELES, April 24 (Reuters) - Apple Inc's Apple
Music has delayed the release of its first original video
series, an adaptation of comedian James Corden's popular
"Carpool Karaoke" segment, the company said.
Read more
Music has delayed the release of its first original video
series, an adaptation of comedian James Corden's popular
"Carpool Karaoke" segment, the company said.
Read more
PRESS DIGEST- Financial Times - April 25
April 25 (Reuters) - The following are the top stories in
the Financial Times. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
the Financial Times. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
UPDATE 2-Mexico's Alfa Q1 net profit up 22 pct, below expectations
MEXICO CITY, April 24 (Reuters) - Mexican conglomerate Alfa
posted a 22 percent rise in its first-quarter net
profit on Monday, falling short of market expectations during a
period of high volatility for the peso currency at the start of
Donald Trump's administration.
Read more
posted a 22 percent rise in its first-quarter net
profit on Monday, falling short of market expectations during a
period of high volatility for the peso currency at the start of
Donald Trump's administration.
Read more
UPDATE 2-CN Rail's revenue rises 8 pct on higher freight volumes
MONTREAL April 24 (Reuters) - Canadian National Railway Co
on Monday reported an 8 percent increase in quarterly
revenue as the railroad moved record volumes, boosted by grain,
frac sand and coal.
Read more
on Monday reported an 8 percent increase in quarterly
revenue as the railroad moved record volumes, boosted by grain,
frac sand and coal.
Read more
UPDATE 3-T-Mobile open to merger talks, new subscribers top estimates
April 24 (Reuters) - T-Mobile US Inc is open to
merger talks after a federal ban expires this week, the No. 3
U.S. wireless carrier said on Monday, as it reported
stronger-than-expected subscriber growth in the first quarter.
Read more
merger talks after a federal ban expires this week, the No. 3
U.S. wireless carrier said on Monday, as it reported
stronger-than-expected subscriber growth in the first quarter.
Read more
BRIEF-Anthem names Dr. Mai Pham as vice president
* Anthem names DR. Mai Pham as vice president, provider
alignment solutions
Source text for Eikon:
Further company coverage:
Read more
alignment solutions
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Arconic announces willingness to nominate two of Elliott's director nominees to join board
* Postponing its 2017 annual meeting of shareholders from
May 16, 2017 to a date toward end of May 2017
Read more
May 16, 2017 to a date toward end of May 2017
Read more
BRIEF-Reed's Inc announces 2016 financial results
* Reed's, Inc. announces 2016 financial results; Chris Reed
takes on new role as chief innovation officer
Read more
takes on new role as chief innovation officer
Read more
GLOBAL MARKETS-Equity markets, euro rally after French election
NEW YORK, April 24 (Reuters) - Global equity markets rallied
on Monday to send a gauge of world stock indexes to a record
high, while the euro briefly jumped to a five-month peak against
the U.S. dollar as the first round of an election in France went
to the market's preferred candidate.
Read more
on Monday to send a gauge of world stock indexes to a record
high, while the euro briefly jumped to a five-month peak against
the U.S. dollar as the first round of an election in France went
to the market's preferred candidate.
Read more
BRIEF-HALOGEN SHAREHOLDERS APPROVE ACQUISITION BY SABA
* CLOSING OF ACQUISITION OF ALL OF CO'S SHARES BY SABA &
VECTOR CAPITAL, WITH AFFILIATES IS EXPECTED TO OCCUR ON OR ABOUT
MAY 1, 2017
Source text for Eikon:
Further company coverage:
Read more
VECTOR CAPITAL, WITH AFFILIATES IS EXPECTED TO OCCUR ON OR ABOUT
MAY 1, 2017
Source text for Eikon:
Further company coverage:
Read more
UPDATE 2-J&J, Novartis and Takeda in talks for Brazil's Hypermarcas -sources
SAO PAULO, April 24 (Reuters) - Johnson & Johnson,
Novartis AG and Takeda Pharmaceutical Co Ltd
are in talks with the controlling bloc of Brazilian drugmaker
Hypermarcas SA for a buyout, two people with
knowledge of the matter said on Monday.
Read more
Novartis AG and Takeda Pharmaceutical Co Ltd
are in talks with the controlling bloc of Brazilian drugmaker
Hypermarcas SA for a buyout, two people with
knowledge of the matter said on Monday.
Read more
From Trump to Brexit, politics drive firms into insurers' arms
ZURICH/LONDON, April 24 (Reuters) - Rocked by a shakeup in
the Western political order, companies are buying more insurance
to protect themselves against the threat of rising protectionism
and upheaval to their operations in emerging markets.
Read more
the Western political order, companies are buying more insurance
to protect themselves against the threat of rising protectionism
and upheaval to their operations in emerging markets.
Read more
BRIEF-United Technologies sets quarterly dividend of $0.66 per share
* Sets quarterly dividend of $0.66 per share
Source text for Eikon:
Further company coverage:
Read more
Source text for Eikon:
Further company coverage:
Read more
Microsoft's Nadella banks on LinkedIn data to challenge Salesforce
SAN FRANCISCO, April 24 (Reuters) - Microsoft Corp
is rolling out upgrades to its sales software that integrates
data from LinkedIn, an initiative that Microsoft CEO Satya
Nadella told Reuters was central to the company's long-term
strategy for building specialized business software.
Read more
is rolling out upgrades to its sales software that integrates
data from LinkedIn, an initiative that Microsoft CEO Satya
Nadella told Reuters was central to the company's long-term
strategy for building specialized business software.
Read more
UPDATE 2-Malaysia reaches $1.2 bln Abu Dhabi deal in 1MDB clear up
* Moody's analyst says "contingent risks" remain
(Recasts, adds background and analyst comment)
Read more
(Recasts, adds background and analyst comment)
Read more
MOVES-Moody's Investors Service appoints Ian Dimmock as vice president
April 24 (Reuters) - Rating agency Moody's Investors Service
Inc appointed Ian Dimmock to its EMEA relationship
management team as vice president - relationship manager,
corporate loan specialist.
Read more
Inc appointed Ian Dimmock to its EMEA relationship
management team as vice president - relationship manager,
corporate loan specialist.
Read more
EU mergers and takeovers (April 24)
BRUSSELS, April 24 (Reuters) - The following are mergers
under review by the European Commission and a brief guide to the
EU merger process:
Read more
under review by the European Commission and a brief guide to the
EU merger process:
Read more
BRIEF-StrikePoint Gold announces sale of Black Raven
* StrikePoint Gold Inc announces sale of Black Raven
Source text for Eikon:
Further company coverage:
Read more
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Frankly announces strategic partnership with Vendasta
* Frankly announces strategic partnership with Vendasta and
first joint customer
Source text for Eikon:
Further company coverage:
Read more
first joint customer
Source text for Eikon:
Further company coverage:
Read more
BRIEF-RLJ Lodging Trust and Felcor Lodging Trust to merge
* RLJ Lodging Trust and Felcor Lodging Trust to merge
creating $7 billion leading lodging REIT
Read more
creating $7 billion leading lodging REIT
Read more
BRIEF-CSI Compressco's general partner declares cash distribution
* CSI Compressco - general partner of CSI Compressco Lp
declared cash distribution attributable to quarter ended March
31, 2017 of $0.1875 per outstanding common unit
Read more
declared cash distribution attributable to quarter ended March
31, 2017 of $0.1875 per outstanding common unit
Read more
BRIEF-German steel body says increasingly worried about U.S. trade policies
* Says affirms FY forecast for German crude steel output to
grow by 1.5 percent to 42.7 million tonnes
Read more
grow by 1.5 percent to 42.7 million tonnes
Read more
BRIEF-GE says will collaborate with Sonelgaz SPE
* Says will collaborate with Sonelgaz SPE "in a landmark
deal that highlights its Fleet360 total plant solutions
capabilities"
Read more
deal that highlights its Fleet360 total plant solutions
capabilities"
Read more
GLOBAL MARKETS-French election relief sends Europe soaring
LONDON, April 24 (Reuters) - European shares opened sharply
higher and the euro briefly vaulted to five-month peaks on
Monday after the market's favoured candidate won the first round
of the French election, reducing the risk of another Brexit-like
shock.
Read more
higher and the euro briefly vaulted to five-month peaks on
Monday after the market's favoured candidate won the first round
of the French election, reducing the risk of another Brexit-like
shock.
Read more
Dubai Aerospace to buy aircraft leasing firm AWAS
DUBAI/SINGAPORE, April 24 (Reuters) - Dubai Aerospace
Enterprise Ltd (DAE) announced a takeover of Dublin-based
aircraft lessor AWAS on Monday, adding more than 200 planes to
its fleet.
Read more
Enterprise Ltd (DAE) announced a takeover of Dublin-based
aircraft lessor AWAS on Monday, adding more than 200 planes to
its fleet.
Read more
BRIEF-Galapagos announces closing of public offering of American Depositary Shares for gross proceeds of 363.9 million euros
* Announces on Friday the closing of public offering of
4,312,500 American Depositary Shares, at a price of $90.00 per
American Depositary share, for gross proceeds of 363.9 million
euros ($394.4 million)
Read more
4,312,500 American Depositary Shares, at a price of $90.00 per
American Depositary share, for gross proceeds of 363.9 million
euros ($394.4 million)
Read more
METALS-ShFE copper rises as rest of metals complex sinks
SYDNEY, April 24 (Reuters) - Shanghai copper futures ended
higher on Monday after see-sawing for most of the session as
investors cut bets that Chinese demand was getting stronger and
global tensions were easing.
Read more
higher on Monday after see-sawing for most of the session as
investors cut bets that Chinese demand was getting stronger and
global tensions were easing.
Read more
UPDATE 1-UK Stocks-Factors to watch on April 24
April 24 (Reuters) - Britain's FTSE 100 index is seen opening up 39
points at 7,153 on Monday, according to financial bookmakers, with futures
up 1 percent ahead of the cash market open.
Read more
points at 7,153 on Monday, according to financial bookmakers, with futures
up 1 percent ahead of the cash market open.
Read more
Emerging markets could help lift German engineering this year
HANOVER, Germany, April 24 (Reuters) - Germany's VDMA
engineering association could lift its growth forecast for this
year if early signals of positive business sentiment persist and
prove justified, the VDMA's president said on Monday.
Read more
engineering association could lift its growth forecast for this
year if early signals of positive business sentiment persist and
prove justified, the VDMA's president said on Monday.
Read more
Sunday, April 23, 2017
BRIEF- NanoCarrier to invest into Tocagen
April 24(Reuters) - NanoCarrier Co Ltd
* Says it will invest into Tocagen Inc
Source text in Japanese:https://goo.gl/zfV0hp
Further company coverage:
(Beijing Headline News)
Read more
Morning News Call - India, April 24
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FACTORS TO WATCH
3:45 pm: Farm Minister Radha Mohan Singh at an event in New Delhi.
LIVECHAT-COMMODITIES
From copper to oil and everything in between, the Gold & Silver Club's Nik
Kalsi and Phil Carr wil
Read more
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FACTORS TO WATCH
3:45 pm: Farm Minister Radha Mohan Singh at an event in New Delhi.
LIVECHAT-COMMODITIES
From copper to oil and everything in between, the Gold & Silver Club's Nik
Kalsi and Phil Carr wil
Read more
METALS-ShFE copper drags metals complex lower
SYDNEY, April 24 (Reuters) - Shanghai copper futures opened
higher on Monday but quickly went into negative territory as
investors cut bets that Chinese demand was getting stronger and
that global tensions were easing.
Read more
higher on Monday but quickly went into negative territory as
investors cut bets that Chinese demand was getting stronger and
that global tensions were easing.
Read more
PRECIOUS-Gold falls as stocks gain after French election result
April 24 (Reuters) - Gold fell nearly 1 percent on Monday to
its weakest in two weeks after centrist Macron led the first
round of voting in the French presidential election, boosting
stocks and triggering a sell-off of safe-haven bullion.
FUNDAMENTALS
* Spot gold was down 0.9 percent to $1,273.15 per
ounce by 0057 GMT. Bullion prices touched a low of $1,265.90
earlier in the session, the lowest since April 11.
* U.S. gold futures were down 1.1 percent at
$1,2
Read more
its weakest in two weeks after centrist Macron led the first
round of voting in the French presidential election, boosting
stocks and triggering a sell-off of safe-haven bullion.
FUNDAMENTALS
* Spot gold was down 0.9 percent to $1,273.15 per
ounce by 0057 GMT. Bullion prices touched a low of $1,265.90
earlier in the session, the lowest since April 11.
* U.S. gold futures were down 1.1 percent at
$1,2
Read more
PRESS DIGEST- Financial Times - April 24
April 24 (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
US STOCKS-Futures rally after centrist takes first round in French election
NEW YORK, April 23 (Reuters) - U.S. stock index futures rose
sharply on Sunday on relief that centrist Emmanuel Macron took
the first round of voting in the French presidential election,
reducing the prospect of an anti-establishment market shock.
Read more
sharply on Sunday on relief that centrist Emmanuel Macron took
the first round of voting in the French presidential election,
reducing the prospect of an anti-establishment market shock.
Read more
BRIEF-Pacific Consortium updates on proposal to acquire Tatts
* to permit further dividend payments to tatts shareholders
in addition to its all-cash $4.21 per share proposal in the
event transaction completion delayed beyond second half of 2017
Read more
in addition to its all-cash $4.21 per share proposal in the
event transaction completion delayed beyond second half of 2017
Read more
US STOCKS SNAPSHOT-Futures rally after centrist takes first round in French election
NEW YORK, April 23 (Reuters) - U.S. stock futures opened
sharply higher on Sunday after centrist Emmanuel Macron took the
first round of voting in the French presidential election.
Read more
sharply higher on Sunday after centrist Emmanuel Macron took the
first round of voting in the French presidential election.
Read more
Peru evaluates expelling two foreigners for 'inciting' anti-mine protests
LIMA, April 23 (Reuters) - Peruvian police are evaluating
the possible expulsion of two foreigners for "inciting" rural
communities to protest against the Hudbay Minerals
mining company, which owns a copper mine in the nation, the
country's interior ministry said on Sunday.
Read more
the possible expulsion of two foreigners for "inciting" rural
communities to protest against the Hudbay Minerals
mining company, which owns a copper mine in the nation, the
country's interior ministry said on Sunday.
Read more
EU drugmakers urge June decision on new location for watchdog
FRANKFURT, April 24 (Reuters) - Europe's drugmakers pushed
for a decision as early as June on the new location for the
headquarters of the bloc's medicines watchdog, which will
relocate from London after Britain's decision to leave the EU.
Read more
for a decision as early as June on the new location for the
headquarters of the bloc's medicines watchdog, which will
relocate from London after Britain's decision to leave the EU.
Read more
CNN anchor alleges Fox News ex-CEO Roger Ailes also harassed her
NEW YORK, April 23 (Reuters) - Television journalist Alisyn
Camerota said on Sunday she was a target of sexual harassment by
Roger Ailes when she worked at Fox News, joining other former
colleagues at the cable channel who have accused their ex-boss
of inappropriate behavior.
Read more
Camerota said on Sunday she was a target of sexual harassment by
Roger Ailes when she worked at Fox News, joining other former
colleagues at the cable channel who have accused their ex-boss
of inappropriate behavior.
Read more
RPT-MEDIA LINK-Uber's CEO plays with fire -New York Times
https://www.nytimes.com/2017/04/23/technology/travis-kalanick-pushes-uber-and-himself-to-the-precipice.html?_r=1
Read more
Read more
Credit Suisse to make capital hike decision after AGM - report
ZURICH, April 23 (Reuters) - Credit Suisse will not
decide on how it wants to raise fresh capital until after this
week's annual general meeting, SonntagsZeitung reported on
Sunday.
Read more
decide on how it wants to raise fresh capital until after this
week's annual general meeting, SonntagsZeitung reported on
Sunday.
Read more
UPDATE 5-Saudi Arabia restores perks to state employees, boosting markets
RIYADH, April 23 (Reuters) - Saudi Arabia reinstated
financial allowances for civil servants and military personnel
on Saturday after better-than-expected budget figures, ending
unpopular cuts to a key perk triggered by low oil prices and
cheering the stock market.
Read more
financial allowances for civil servants and military personnel
on Saturday after better-than-expected budget figures, ending
unpopular cuts to a key perk triggered by low oil prices and
cheering the stock market.
Read more
UPDATE 1-LafargeHolcim CEO to step down over Syria investigation - source
ZURICH, April 23 (Reuters) - LafargeHolcim is close
to announcing that its chief executive Eric Olsen is to step
down following an internal investigation into activities at a
former Lafarge cement plant in Syria, a source familiar with the
matter said on Sunday.
Read more
to announcing that its chief executive Eric Olsen is to step
down following an internal investigation into activities at a
former Lafarge cement plant in Syria, a source familiar with the
matter said on Sunday.
Read more
LafargeHolcim CEO to step down over Syria controversy - FT
ZURICH, April 23 (Reuters) - LafargeHolcim is close
to announcing that its chief executive Eric Olsen is to step
down following an internal investigation into activities at a
former Lafarge cement plant in Syria, the Financial Times
reported on Sunday, citing sources close to the company.
Read more
to announcing that its chief executive Eric Olsen is to step
down following an internal investigation into activities at a
former Lafarge cement plant in Syria, the Financial Times
reported on Sunday, citing sources close to the company.
Read more
UPDATE 3-American Airlines apologizes for onboard clash over stroller
NEW YORK, April 22 (Reuters) - American Airlines on
Saturday apologized to a female passenger and suspended an
employee after a video showing an onboard clash over a baby
stroller went viral, in the latest embarrassment for a U.S.
carrier over how it treated a customer.
Read more
Saturday apologized to a female passenger and suspended an
employee after a video showing an onboard clash over a baby
stroller went viral, in the latest embarrassment for a U.S.
carrier over how it treated a customer.
Read more
Saturday, April 22, 2017
EU mulls legislation in the fight against online hate speech
BRUSSELS, April 22 (Reuters) - The European Union is
considering legislative measures to harmonise how online
platforms like Facebook, Twitter and Google
take down hate speech and incitement to violence, a
draft document seen by Reuters shows.
Read more
considering legislative measures to harmonise how online
platforms like Facebook, Twitter and Google
take down hate speech and incitement to violence, a
draft document seen by Reuters shows.
Read more
American Airlines apologizes for onboard clash over stroller
NEW YORK, April 22 (Reuters) - American Airlines on
Saturday apologized to a female passenger and suspended an
employee after a video showing an onboard clash over a baby
stroller went viral, in the latest embarassment for a U.S.
carrier over how it treated a customer.
Read more
Saturday apologized to a female passenger and suspended an
employee after a video showing an onboard clash over a baby
stroller went viral, in the latest embarassment for a U.S.
carrier over how it treated a customer.
Read more
American Airlines' employee suspended after row with passengers
April 21 (Reuters) - American Airlines has suspended
an employee after a video showed an altercation on one of its
planes involving crew, several passengers and a crying woman
carrying a young child.
Read more
an employee after a video showed an altercation on one of its
planes involving crew, several passengers and a crying woman
carrying a young child.
Read more
Bristol-Myers NASH drug reduces liver fat in midstage study
April 22 (Reuters) - Bristol-Myers Squibb Co said
its lead experimental drug for nonalcoholic steatohepatitis, or
NASH, significantly reduced liver fat versus placebo, according
to data from a mid-stage trial presented at a medical meeting on
Saturday.
Read more
its lead experimental drug for nonalcoholic steatohepatitis, or
NASH, significantly reduced liver fat versus placebo, according
to data from a mid-stage trial presented at a medical meeting on
Saturday.
Read more
Friday, April 21, 2017
UPDATE 1-Freeport collects export permit after Pence visit
* Workers concerned over future employment amid contract
dispute
(Recasts with permit granted, adds comments on Pence, trade
ministry comment)
Read more
dispute
(Recasts with permit granted, adds comments on Pence, trade
ministry comment)
Read more
BRIEF-PG&E says power restored in San Francisco
* PG&E safely restores power to San Francisco, thanks
customers for their patience; substation scheduled for
modernization
Read more
customers for their patience; substation scheduled for
modernization
Read more
BRIEF-Parkland reports $500 mln senior note offering
* Parkland Fuel - entered into underwriting agreement to
sell $500 million aggregate principal amount of 5.625 pct senior
notes due May 9, 2025
Source text for Eikon:
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sell $500 million aggregate principal amount of 5.625 pct senior
notes due May 9, 2025
Source text for Eikon:
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REFILE-Waiting for green cards, Indian visa-holders see hope in Trump review
SAN FRANCISCO, April 21 (Reuters) - When Gokul Gunasekaran
was offered a full scholarship for a graduate program in
electrical engineering at Stanford University, he saw it as the
chance of a lifetime.
Read more
was offered a full scholarship for a graduate program in
electrical engineering at Stanford University, he saw it as the
chance of a lifetime.
Read more
BRIEF-Nuri Telecom files notice of change and variation for its all-cash offer for Apivio Systems
* Nuri Telecom files notice of change and variation for its
all-cash offer of $0.45 per Apivio share and secures lock-up
agreements for 28 pct of Apivio
Source text for Eikon:
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all-cash offer of $0.45 per Apivio share and secures lock-up
agreements for 28 pct of Apivio
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Power restored to most San Francisco customers -PG&E
SAN FRANCISCO, April 21 (Reuters) - Fewer that 3,000
customers remained without electricity in San Francisco on
Friday after a fire in a utility substation earlier in the day
knocked out power for much of the city, according to PG&E
.
Read more
customers remained without electricity in San Francisco on
Friday after a fire in a utility substation earlier in the day
knocked out power for much of the city, according to PG&E
.
Read more
BRIEF-Violin Memory says emerged from bankruptcy - SEC Filing
* On April 21, 2017 conditions set forth in amended plan of
reorganization for co were satisfied or waived and effective
date of plan occurred
Read more
reorganization for co were satisfied or waived and effective
date of plan occurred
Read more
UPDATE 2-Fitch cuts Italy's debt rating; cites weak growth, political risk
* Cites high debt, bank woes, backloading fiscal
consolidation
(Adds comment, background, bullet points)
Read more
consolidation
(Adds comment, background, bullet points)
Read more
BRIEF-BVF Partners reports 9.5 pct passive stake in Tocagen
* BVF Partners L.P. reports 9.5 percent passive stake in
Tocagen Inc as on April 13, 2017 - sec filing
Source text: (http://bit.ly/2pmO5Bn)
Further company coverage:
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Tocagen Inc as on April 13, 2017 - sec filing
Source text: (http://bit.ly/2pmO5Bn)
Further company coverage:
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BRIEF-KCG holdings says Virtu Financial must pay co fee of $45 mln in case of deal termination
* KCG Holdings - in certain circumstances in connection with
termination of deal with Virtu Financial, co must pay virtu
termination fee of $45 million
Source text - http://bit.ly/2p4LpHG
Further company coverage:
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termination of deal with Virtu Financial, co must pay virtu
termination fee of $45 million
Source text - http://bit.ly/2p4LpHG
Further company coverage:
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BRIEF-Equinix CEO's 2016 compensation was $12 mln
* CEO Stephen Smith's 2016 total compensation was $12
million versus $11.1 million in 2015 - sec filing
Read more
million versus $11.1 million in 2015 - sec filing
Read more
BRIEF-Victory Park Capital Advisors reports 5.5 pct passive stake in Elevate Credit
* Victory Park Capital Advisors Llc reports 5.5 percent
passive stake in Elevate Credit Inc as on april 11, 2017 - sec
filing
Source text - http://bit.ly/2ouZXNA
Further company coverage:
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passive stake in Elevate Credit Inc as on april 11, 2017 - sec
filing
Source text - http://bit.ly/2ouZXNA
Further company coverage:
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BRIEF-Medovex files for mixed shelf offering of up to $20 mln - SEC filing
* Medovex Corp files for mixed shelf offering of up to $20
million - SEC filing
Source text (http://bit.ly/2oShGRW)
Further company coverage:
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million - SEC filing
Source text (http://bit.ly/2oShGRW)
Further company coverage:
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CORRECTED-BRIEF-Apricus Biosciences sees offering of up to 5 mln units (April 20)
* Now sees offering of up to 5 million units consisting of
one share of common stock and warrant
Read more
one share of common stock and warrant
Read more
BRIEF-Condor Resources provides update on the Soledad project MOU with Chakana Resources S.A.C.
* Condor Resources Inc.: update on the Soledad project MOU
with Chakana Resources S.A.C., shares for debt settlement
Read more
with Chakana Resources S.A.C., shares for debt settlement
Read more
DEALTALK-Canada's oil sands acquisition pool dwindles as global firms flee
CALGARY, Alberta/TORONTO April 21 (Reuters) - As
international energy companies retreat from the Canadian oil
sands sector because of depressed oil prices, a fast-shrinking
universe of potential buyers may leave some stranded in the
high-cost, capital-intensive sector.
Read more
international energy companies retreat from the Canadian oil
sands sector because of depressed oil prices, a fast-shrinking
universe of potential buyers may leave some stranded in the
high-cost, capital-intensive sector.
Read more
UPDATE 1-Safeguards against financial meltdown under Trump scrutiny
WASHINGTON, April 21 (Reuters) - U.S. President Donald Trump
will order the Treasury Department on Friday to examine two
powers given to regulators to police large financial companies
after the 2008 financial crisis, Treasury Secretary Steven
Mnuchin said.
Read more
will order the Treasury Department on Friday to examine two
powers given to regulators to police large financial companies
after the 2008 financial crisis, Treasury Secretary Steven
Mnuchin said.
Read more
BRIEF-BANK OF THE JAMES Q1 EARNINGS PER SHARE $0.17
* BANK OF THE JAMES ANNOUNCES FIRST QUARTER 2017 FINANCIAL
RESULTS AND DECLARATION OF DIVIDEND
Read more
RESULTS AND DECLARATION OF DIVIDEND
Read more
Deutsche Post seeks buyer for UK subsidiary Williams Lea -source
DUESSELDORF, Germany, April 21 (Reuters) - Deutsche Post DHL
Group is seeking a buyer for its British outsourcing
subsidiary Williams Lea, a person familiar with the matter said
on Friday, adding that the process was at an early stage.
Read more
Group is seeking a buyer for its British outsourcing
subsidiary Williams Lea, a person familiar with the matter said
on Friday, adding that the process was at an early stage.
Read more
Starbucks Unicorn Frappuccino sparks backlash from baristas
NEW YORK, April 21 (Reuters) - Starbucks baristas have taken
to social media to complain about the coffee chain's entry into
the latest food craze: Unicorn Frappucino.
Read more
to social media to complain about the coffee chain's entry into
the latest food craze: Unicorn Frappucino.
Read more
UPDATE 2-GE cash flow turns negative in quarter; profit, revenue beat
NEW YORK, April 21 (Reuters) - General Electric Co
reported on Friday that first-quarter cash flow from its
industrial operations turned negative and was less than the
company expected, though its earnings and revenue exceeded
analyst estimates.
Read more
reported on Friday that first-quarter cash flow from its
industrial operations turned negative and was less than the
company expected, though its earnings and revenue exceeded
analyst estimates.
Read more
CANADA STOCKS-TSX flat as SNC-Lavalin gains, miners weigh
TORONTO, April 21 (Reuters) - Canada's main stock index was
nearly unchanged on Friday as SNC-Lavalin rose on an acquisition
move and Home Capital Group recouped steep losses, while some
miners and energy stocks weighed.
Read more
nearly unchanged on Friday as SNC-Lavalin rose on an acquisition
move and Home Capital Group recouped steep losses, while some
miners and energy stocks weighed.
Read more
BRIEF-Raytheon's CEO Thomas A. Kennedy's 2016 total compensation $20.5 mln
* CEO Thomas A. Kennedy's 2016 total compensation $20.5
million versus $20.4 million 2015 - SEC filing
Source text (http://bit.ly/2otKOfC)
Further company coverage:
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million versus $20.4 million 2015 - SEC filing
Source text (http://bit.ly/2otKOfC)
Further company coverage:
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Soccer-Unfashionable Celta seek to end United's Europa League dreams
MADRID, April 21 (Reuters) - Celta Vigo will have to upset the odds when they face English heavyweights Manchester United in the Europa League semi-finals, but will be confident of emulating fellow Spaniards Sevilla who won the competition in the last three seasons.
Read more
Read more
BRIEF-Volaris group enters into agreement to acquire asset management software provider
* Volaris group, a Constellation Software Company, enters
into agreement to acquire asset management software provider
Source text for Eikon:
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into agreement to acquire asset management software provider
Source text for Eikon:
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UPDATE 1-Pence told Widodo more steps needed on Freeport issue -White House adviser
ABOARD AIR FORCE TWO, April 21 (Reuters) - U.S. Vice
President Mike Pence told Indonesian President Joko Widodo that
more steps were needed to resolve the dispute between mining
company Freeport McMoRan Inc and the Indonesian
government, a White House foreign policy adviser said on Friday.
Read more
President Mike Pence told Indonesian President Joko Widodo that
more steps were needed to resolve the dispute between mining
company Freeport McMoRan Inc and the Indonesian
government, a White House foreign policy adviser said on Friday.
Read more
Matt Chamberlain appointed LME chief executive
LONDON, April 21 (Reuters) - Hong Kong Exchanges and
Clearing Ltd (HKEx) on Friday appointed Matt
Chamberlain chief executive of the London Metal Exchange (LME),
the world's largest and oldest metals market.
Read more
Clearing Ltd (HKEx) on Friday appointed Matt
Chamberlain chief executive of the London Metal Exchange (LME),
the world's largest and oldest metals market.
Read more
BRIEF-Suntrust Banks Q1 revenue $2.2 billion
* Suntrust Banks Inc says net interest margin was 3.09% in
current quarter, up 9 basis points sequentially and up 5 basis
points compared to prior year
Read more
current quarter, up 9 basis points sequentially and up 5 basis
points compared to prior year
Read more
BRIEF-Willis Towers Watson says cooperating in UK probe into aviation insurance broking
* Says cooperating fully with financial conduct authority in
investigation into aviation insurance broking - emailed
statement
Further company coverage:
(Reporting By Carolyn Cohn)
Read more
investigation into aviation insurance broking - emailed
statement
Further company coverage:
(Reporting By Carolyn Cohn)
Read more
METALS-Zinc leads China metals futures higher
SYDNEY, April 21 (Reuters) - Zinc led a near across-the
board rise in Shanghai base metals futures on Friday on the back
of robust gains in overnight London trading and buoyant equity
markets.
Read more
board rise in Shanghai base metals futures on Friday on the back
of robust gains in overnight London trading and buoyant equity
markets.
Read more
UPDATE 1-UK's Sports Direct strikes deal to enter U.S. market
LONDON, April 21 (Reuters) - British sportswear retailer
Sports Direct has entered the U.S. market by buying 50
stores trading as Bob's Stores and Eastern Mountain Sports at a
cost of $101 million, it said on Friday.
Read more
Sports Direct has entered the U.S. market by buying 50
stores trading as Bob's Stores and Eastern Mountain Sports at a
cost of $101 million, it said on Friday.
Read more
Nikkei rises to 1-1/2 week highs, but Fujifilm stumbles on probe
TOKYO, April 21 (Reuters) - Japanese stocks rose to 1-1/2
week highs on Friday as global investors bet that U.S. tax
reforms are gaining traction,
but Fujifilm Holdings tumbled after delaying the release of its
earnings because of an accounting probe.
Read more
week highs on Friday as global investors bet that U.S. tax
reforms are gaining traction,
but Fujifilm Holdings tumbled after delaying the release of its
earnings because of an accounting probe.
Read more
Thursday, April 20, 2017
PRESS DIGEST - Wall Street Journal - April 21
April 21 (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
PRESS DIGEST- New York Times business news - April 21
April 21 (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
UPDATE 1-S.Korea needs to consider a complaint to WTO over U.S. protectionism -steel industry source
* POSCO, Hyundai Steel shares rise after U.S. probe launched
(Add trade ministry comments, share prices)
Read more
(Add trade ministry comments, share prices)
Read more
Uber extends sexual harassment probe; expects report by end-May
April 21 (Reuters) - Uber Technologies Inc said it
has extended its internal investigation into sexual harassment
claims in its own organization, and a report is expected by the
end of May.
Read more
has extended its internal investigation into sexual harassment
claims in its own organization, and a report is expected by the
end of May.
Read more
Australian court dismisses Chevron appeal in landmark tax case
MELBOURNE, April 21 (Reuters) - Chevron Corp lost an
appeal on Friday against the Australian tax office in a landmark
case in which the U.S. energy giant contested a tax bill of
A$340 million ($260 million), including penalties and interest.
Read more
appeal on Friday against the Australian tax office in a landmark
case in which the U.S. energy giant contested a tax bill of
A$340 million ($260 million), including penalties and interest.
Read more
UPDATE 2-Trump to order U.S. Treasury to delve into taxes, post-crisis reforms
WASHINGTON, April 20 (Reuters) - U.S. President Donald Trump
will order the Treasury on Friday to find and reduce tax burdens
and review post-financial crisis reforms that banks and
insurance companies have said hinder their ability to do
business.
Read more
will order the Treasury on Friday to find and reduce tax burdens
and review post-financial crisis reforms that banks and
insurance companies have said hinder their ability to do
business.
Read more
UPDATE 7-Arkansas nears first executions in 12 years after court decisions
LITTLE ROCK, Ark., April 20 (Reuters) - The U.S. Supreme
Court denied petitions to halt the execution of an Arkansas
murderer, allowing the state to proceed with its first execution
in 12 years on Thursday after Arkansas' top court approved the
use of a drug in its lethal injection mix.
Read more
Court denied petitions to halt the execution of an Arkansas
murderer, allowing the state to proceed with its first execution
in 12 years on Thursday after Arkansas' top court approved the
use of a drug in its lethal injection mix.
Read more
BRIEF-Coast Crane to be acquired by Maxim Crane Works
* Coast Crane to be acquired by Maxim Crane Works
Source text for Eikon:
Further company coverage:
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Source text for Eikon:
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BRF executives among 60 charged in Brazil bribery scandal
SAO PAULO, April 20 (Reuters) - Two executives at Brazilian
poultry firm BRF SA were among 60 people charged on
Thursday with taking part in a scheme to bribe health officials,
in a scandal that briefly closed global markets to Brazilian
meat, according to a statement from prosecutors.
Read more
poultry firm BRF SA were among 60 people charged on
Thursday with taking part in a scheme to bribe health officials,
in a scandal that briefly closed global markets to Brazilian
meat, according to a statement from prosecutors.
Read more
PRESS DIGEST- British Business - April 21
April 21 (Reuters) - The following are the top stories on
the business pages of British newspapers. Reuters has not
verified these stories and does not vouch for their accuracy.
Read more
the business pages of British newspapers. Reuters has not
verified these stories and does not vouch for their accuracy.
Read more
UPDATE 1-U.S. fund investors taper Euro stock buying ahead of French vote
(Adds analyst quotes, table, byline)
By Trevor Hunnicutt
NEW YORK, April 20 (Reuters) - Investors stocked up on
safe-haven U.S.-based gold and bond funds ahead of France's
closely watched presidential election, while trimming purchases
of European stock funds, Lipper data showed on Thursday.
Non-U.S. stock funds attracted $1.5 billion in net cash for
the fifth straight week, according to Thomson Reuters' Lipper
research unit, after pulling in $3.8 billion the prior week.
U.S.-li
Read more
By Trevor Hunnicutt
NEW YORK, April 20 (Reuters) - Investors stocked up on
safe-haven U.S.-based gold and bond funds ahead of France's
closely watched presidential election, while trimming purchases
of European stock funds, Lipper data showed on Thursday.
Non-U.S. stock funds attracted $1.5 billion in net cash for
the fifth straight week, according to Thomson Reuters' Lipper
research unit, after pulling in $3.8 billion the prior week.
U.S.-li
Read more
BRIEF-Genmark Diagnostics Q1 preliminary revenue $12.5 mln
* Genmark achieves ce mark for its eplex® blood culture
identification fungal pathogen panel
Read more
identification fungal pathogen panel
Read more
Intelsat to extend debt exchange on OneWeb deal for weeks-sources
SAN FRANCISCO/NEW YORK, April 20 (Reuters) - Intelsat SA
is planning to extend the deadline for investors to swap
their bonds in the company for several weeks, seeking to keep
its merger with U.S. satellite technology peer OneWeb Ltd alive,
according to people familiar with the matter.
Read more
is planning to extend the deadline for investors to swap
their bonds in the company for several weeks, seeking to keep
its merger with U.S. satellite technology peer OneWeb Ltd alive,
according to people familiar with the matter.
Read more
BRIEF-Wal-Mart CEO McMillon’s 2017 total compensation $22.4 mln, Co says Carla Harris is new director nominee
* Wal-Mart Stores CEO Douglas McMillon’s 2017 total
compensation, for fiscal year ended Jan. 31, $22.4 million
versus $19.8 million in 2016 - SEC filing
Read more
compensation, for fiscal year ended Jan. 31, $22.4 million
versus $19.8 million in 2016 - SEC filing
Read more
BRIEF-Chemung Financial Corporation reports Q1 earnings per share $0.62
* Chemung Financial Corporation reports first quarter
2017 net income of $3.0 million, or $0.62 per share
Read more
2017 net income of $3.0 million, or $0.62 per share
Read more
BRIEF-Senomyx sends letter to shareholders
* Senomyx Inc - "vote white proxy card today to protect your
investment in Senomyx"
Source text for Eikon:
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investment in Senomyx"
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BRIEF-MedX Health says it entered into agreement with Health Consultant BV
* Agreement to deploy co's SIAscopy skin imaging technology
in health, wellness clinics, mobile testing units operated by
HCBV in Netherlands
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in health, wellness clinics, mobile testing units operated by
HCBV in Netherlands
Source text for Eikon:
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BP mulls sale of stakes in Canadian oil sands assets -sources
TORONTO/CALGARY, April 20 (Reuters) - BP Plc is
considering the sale of its stakes in three Canadian oil sands
projects, people familiar with the matter told Reuters this
week, as part of the British oil company's strategy of
retreating from noncore businesses.
Read more
considering the sale of its stakes in three Canadian oil sands
projects, people familiar with the matter told Reuters this
week, as part of the British oil company's strategy of
retreating from noncore businesses.
Read more
UPDATE 1-U.S. consumer agency sues Ocwen over mortgage servicing errors
WASHINGTON, April 20 (Reuters) - The U.S. Consumer Financial
Protection Bureau on Thursday sued Ocwen Financial Corp
and its subsidiaries, alleging the mortgage loan servicer's
"years of widespread errors, shortcuts, and runarounds cost some
borrowers money and others their homes."
Read more
Protection Bureau on Thursday sued Ocwen Financial Corp
and its subsidiaries, alleging the mortgage loan servicer's
"years of widespread errors, shortcuts, and runarounds cost some
borrowers money and others their homes."
Read more
Anthem denies report of talks with Justice Dept regarding merger
WASHINGTON, April 20 (Reuters) - Health insurer Anthem Inc
denied a report on Thursday that it was in negotiations
with the Justice Department in an effort to save its merger with
smaller rival Cigna Corp.
Read more
denied a report on Thursday that it was in negotiations
with the Justice Department in an effort to save its merger with
smaller rival Cigna Corp.
Read more
Germany's Lilium says successfully tests "flying taxi" prototype
FRANKFURT, April 20 (Reuters) - A Bavarian start-up is
developing a five-seat "flying taxi" after successful test
flights over Germany of a smaller version of the electric jet,
the company said on Thursday.
Read more
developing a five-seat "flying taxi" after successful test
flights over Germany of a smaller version of the electric jet,
the company said on Thursday.
Read more
MOVES-Citigroup names new head of retail banking and mortgage at GCB
April 20 (Reuters) - Citigroup Inc on Thursday named
David Chubak as head of global retail banking and mortgage for
the Global Consumer Bank.
Read more
David Chubak as head of global retail banking and mortgage for
the Global Consumer Bank.
Read more
BRIEF-Innoviva says believes shareholders voted to reelect all 7 of its director nominees
* Innoviva inc says based on advice of its proxy solicitor,
company believes shareholders voted to reelect all seven of
innoviva's director nominees
Source text for Eikon:
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company believes shareholders voted to reelect all seven of
innoviva's director nominees
Source text for Eikon:
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BRIEF-BB&T Q1 adjusted earnings per share $0.74
* BB&T reports strong first quarter earnings; driven by
record quarterly revenues and expense control
Read more
record quarterly revenues and expense control
Read more
Biotech firm pulls pioneering gene therapy due to no demand
LONDON, April 20 (Reuters) - The biotech company behind the
Western world's first gene therapy and the most expensive
prescription medicine in history is giving up on the product
because of lack of demand.
Read more
Western world's first gene therapy and the most expensive
prescription medicine in history is giving up on the product
because of lack of demand.
Read more
BRIEF-Jabil announces retirement of chief operating officer
* Jabil Circuit Inc says chief operating officer Bill Muir
is retiring, effective December 31, 2017
Source text for Eikon:
Further company coverage:
Read more
is retiring, effective December 31, 2017
Source text for Eikon:
Further company coverage:
Read more
BRIEF-RAIT board rejects unsolicited externalization of management proposal
* RAIT board unanimously rejects unsolicited externalization
of management proposal from highland Capital Management, L.P.
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of management proposal from highland Capital Management, L.P.
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RPT-SAFT ON WEALTH-Bubble-spotting, like genius parenting, is rare
April 19 (Reuters) - “Is this market a bubble?” and “Is my
kid a genius?” are two questions which are asked far more often,
and with less profit, than they should.
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kid a genius?” are two questions which are asked far more often,
and with less profit, than they should.
Read more
D.R. Horton's quarterly profit jumps 17.5 pct
April 20 (Reuters) - D.R. Horton Inc, the largest
U.S. homebuilder, reported a 17.5 percent rise in quarterly
profit on Thursday, driven by higher home sales.
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U.S. homebuilder, reported a 17.5 percent rise in quarterly
profit on Thursday, driven by higher home sales.
Read more
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