Sept 1 (Reuters) - The United Auto Workers (UAW) urged
Volkswagen to accept the National Labor Relations
Board's (NLRB) latest order that requires the carmaker to
collectively bargain with UAW local...
Read more
Wednesday, August 31, 2016
Asia swaps trading stutters amid confusion over margin rules
SINGAPORE/HONG KONG, Sept 1 (Reuters) - Trading in Asia's
over-the-counter (OTC) swaps market has ground to a near halt as
dealers are sitting on the sidelines amid confusion over new
derivatives...
Read more
over-the-counter (OTC) swaps market has ground to a near halt as
dealers are sitting on the sidelines amid confusion over new
derivatives...
Read more
White nationalists use Twitter with 'relative impunity' - report
WASHINGTON, Sept 1 (Reuters) - White nationalists and
self-identified Nazi sympathizers located mostly in the United
States use Twitter with "relative impunity" and often have far
more followers than...
Read more
self-identified Nazi sympathizers located mostly in the United
States use Twitter with "relative impunity" and often have far
more followers than...
Read more
Brazil's Kroton eyes asset sales for approval of rival takeover -source
SAO PAULO, Aug 31 (Reuters) - Kroton Educacional SA
, the world's largest education company by market
value, may sell units of Estácio Participacoes SA in
order to secure antitrust approval for a...
Read more
, the world's largest education company by market
value, may sell units of Estácio Participacoes SA in
order to secure antitrust approval for a...
Read more
Canada fertilizer deal would send farmers to regulators
WINNIPEG/CHICAGO, Aug 31 (Reuters) - North American farmers
will pressure regulators to protect their negotiating leverage
with fertilizer suppliers if Potash Corp of Saskatchewan
and Agrium Inc...
Read more
will pressure regulators to protect their negotiating leverage
with fertilizer suppliers if Potash Corp of Saskatchewan
and Agrium Inc...
Read more
PRESS DIGEST- British Business - Sept 1
Sept 1 - The following are the top stories on the business
pages of British newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
pages of British newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
BRIEF-Harris files for potential mixed shelf size not disclosed - SEC filing
* Files for potential mixed shelf; size not disclosed - SEC filing
Source - (http://bit.ly/2bCYCgu)
Further company coverage:
Read more
Source - (http://bit.ly/2bCYCgu)
Further company coverage:
Read more
BRIEF-AstraZeneca announces results from SYMBICORT study
* SYMBICORT demonstrated comparable risk of serious
asthma-related events and lower risk of asthma exacerbations
compared to Budesonide alone
Read more
asthma-related events and lower risk of asthma exacerbations
compared to Budesonide alone
Read more
UPDATE 5-Brazil's Rousseff ousted by Senate, Temer sworn in
BRASILIA, Aug 31 (Reuters) - Brazil's Senate ousted
President Dilma Rousseff on Wednesday, ending an impeachment
process that polarized Latin America's biggest country amid a
massive corruption...
Read more
President Dilma Rousseff on Wednesday, ending an impeachment
process that polarized Latin America's biggest country amid a
massive corruption...
Read more
BRIEF-Unique Fabricating files for stock shelf of up to $50 mln
* In addition, selling stockholder, may offer up to $1.44
million shares of co's common stock
Source text for Eikon:
Further company coverage:
Read more
million shares of co's common stock
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Eyegate says selling stockholders may offer up to 871,000 shares of co's common stock
* Says selling stockholders may offer up to 871,000 shares
of co's common stock - SEC filing
Source: (http://bit.ly/2c1ebmt)
Further company coverage:
Read more
of co's common stock - SEC filing
Source: (http://bit.ly/2c1ebmt)
Further company coverage:
Read more
CORRECTED-Alere lawsuit accuses Abbott of 'buyer's remorse' in proposed merger
Aug 31 (Reuters) - Alere Inc alleges Abbott
Laboratories is trying to stymie its planned $5.8
billion takeover of the diagnostics company by purposefully
delaying key submissions to anti-trust...
Read more
Laboratories is trying to stymie its planned $5.8
billion takeover of the diagnostics company by purposefully
delaying key submissions to anti-trust...
Read more
UPDATE 2-Puerto Rico oversight board appointed
WASHINGTON/NEW YORK, Aug 31 (Reuters) - President Barack
Obama on Wednesday appointed a seven-member board to oversee a
financial restructuring for Puerto Rico, a majority Republican
panel that some...
Read more
Obama on Wednesday appointed a seven-member board to oversee a
financial restructuring for Puerto Rico, a majority Republican
panel that some...
Read more
UPDATE 2-RBC to pay $2.5 mln for proxy violations over Rural/Metro sale
Aug 31 (Reuters) - A Royal Bank of Canada unit has
agreed to pay $2.5 million for causing false and misleading
disclosures in a proxy statement for the sale of ambulance
company Rural/Metro Corp, the...
Read more
agreed to pay $2.5 million for causing false and misleading
disclosures in a proxy statement for the sale of ambulance
company Rural/Metro Corp, the...
Read more
BRIEF-EJF Capital LLC reports 5.8 pct passive stake in Atlantic Coast Financial
* EJF Capital LLC reports 5.8 percent passive stake in
Atlantic Coast Financial Corp as of August 25 - Sec filing
Source text : http://bit.ly/2c4Vjl3
Further company coverage:
Read more
Atlantic Coast Financial Corp as of August 25 - Sec filing
Source text : http://bit.ly/2c4Vjl3
Further company coverage:
Read more
Takata parts shipped properly in truck explosion, NTSB says
Aug 31 (Reuters) - Initial checks with parties involved in
an Aug. 22 fatal truck explosion in Texas involving Takata Corp
air bag parts indicate that the material was being
shipped properly, a...
Read more
an Aug. 22 fatal truck explosion in Texas involving Takata Corp
air bag parts indicate that the material was being
shipped properly, a...
Read more
RBC to pay $2.5mln for proxy violations over Rural/Metro sale-SEC
Aug 31 (Reuters) - RBC Capital Markets has agreed to pay
$2.5 million for causing false and misleading disclosures in a
proxy statement for the sale of Rural/Metro Corp, an ambulance
company, the...
Read more
$2.5 million for causing false and misleading disclosures in a
proxy statement for the sale of Rural/Metro Corp, an ambulance
company, the...
Read more
Irish cabinet fails to agree on Apple appeal, to meet again-source
DUBLIN, Aug 31 (Reuters) - Ireland's cabinet could not agree
on Wednesday on whether to appeal a European Commission ruling
against Dublin's tax dealings with Apple and will meet
for further talks...
Read more
on Wednesday on whether to appeal a European Commission ruling
against Dublin's tax dealings with Apple and will meet
for further talks...
Read more
UPDATE 1-S.African asset manager halts lending to state firms over political uncertainty
JOHANNESBURG, Aug 31 (Reuters) - South African fixed-income
asset manager Futuregrowth has halted lending to six state-owned
firms citing political uncertainty in Africa's most
industrialised country...
Read more
asset manager Futuregrowth has halted lending to six state-owned
firms citing political uncertainty in Africa's most
industrialised country...
Read more
UPDATE 1-U.S. senators seek federal probe of Takata-linked explosion
Aug 31 (Reuters) - Two U.S. senators on Wednesday called on
the National Transportation Safety Board to investigate the Aug.
22 crash and explosion of a truck carrying Takata Corp
air bag parts that...
Read more
the National Transportation Safety Board to investigate the Aug.
22 crash and explosion of a truck carrying Takata Corp
air bag parts that...
Read more
UPDATE 1-U.S. Treasury says EU's Apple tax ruling aimed at U.S. companies
WASHINGTON, Aug 31 (Reuters) - The U.S. Treasury sought to
keep pressure on the European Union to rescind a ruling that
Apple Inc pay up to $14.5 billion in back taxes, a move
Washington says...
Read more
keep pressure on the European Union to rescind a ruling that
Apple Inc pay up to $14.5 billion in back taxes, a move
Washington says...
Read more
Deutsche Bank, Commerzbank held talks about tie-up - source
FRANKFURT, Aug 31 (Reuters) - Top executives of Deutsche
Bank and Commerzbank have held talks on a
potential combination of Germany's no. 1 and 2 banks earlier
this month, a source familiar with the...
Read more
Bank and Commerzbank have held talks on a
potential combination of Germany's no. 1 and 2 banks earlier
this month, a source familiar with the...
Read more
Brazil, Petrobras to revise subsalt oil contract terms this year
RIO DE JANEIRO, Aug 31 (Reuters) - The Brazilian government
and state-controlled oil company Petróleo Brasileiro SA could
finalize a thorough revision of contractual terms for the
exploration of a...
Read more
and state-controlled oil company Petróleo Brasileiro SA could
finalize a thorough revision of contractual terms for the
exploration of a...
Read more
Irish cabinet may need more time to decide on Apple appeal- minister
DUBLIN, Aug 31 (Reuters) - Ireland's cabinet may be given
more time to decide on whether to back the finance minister's
recommendation that Dublin appeal the European Commission's
ruling against its...
Read more
more time to decide on whether to back the finance minister's
recommendation that Dublin appeal the European Commission's
ruling against its...
Read more
PRESS DIGEST- Canada-Aug 31
Aug 31 (Reuters) - The following are the top stories from
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
UPDATE 2-UK Stocks-Factors to watch on Aug 31
Aug 31 (Reuters) - Britain's FTSE 100 index is seen opening down 13
points, or 0.19 percent, on Wednesday, according to financial bookmakers, with
futures down 0.26 percent ahead of the cash market...
Read more
points, or 0.19 percent, on Wednesday, according to financial bookmakers, with
futures down 0.26 percent ahead of the cash market...
Read more
UK Stocks-Factors to watch on Aug 31
Aug 31 (Reuters) - Britain's FTSE 100 index is seen opening down 13
points, or 0.19 percent, on Wednesday, according to financial bookmakers.
* The UK blue chip index closed 0.25 percent lower...
Read more
points, or 0.19 percent, on Wednesday, according to financial bookmakers.
* The UK blue chip index closed 0.25 percent lower...
Read more
Tuesday, August 30, 2016
PRESS DIGEST - Wall Street Journal - Aug 31
Aug 31 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Express Scripts diabetes program aims to cap costs for customers
Aug 31 (Reuters) - Express Scripts Holding, the
largest U.S. pharmacy benefit manager, said on Wednesday it will
implement a program next year that guarantees per-patient
spending caps on diabetes...
Read more
largest U.S. pharmacy benefit manager, said on Wednesday it will
implement a program next year that guarantees per-patient
spending caps on diabetes...
Read more
RPT-INSIGHT-Cheap money exposes weakness of German banks
FRANKFURT, Aug 30 (Reuters) - European Central Bank
money-printing has exposed the fault lines in Germany's banking
system, forcing its sprawling network of lenders to rethink
their business models...
Read more
money-printing has exposed the fault lines in Germany's banking
system, forcing its sprawling network of lenders to rethink
their business models...
Read more
UPDATE 7-EU hits Apple with 13 billion euro Irish tax demand
* GRAPHIC - Apple's tax structure http://tmsnrt.rs/2bxS7Sd
(Adds Apple warning of issue and establishing escrow account)
Read more
(Adds Apple warning of issue and establishing escrow account)
Read more
PRESS DIGEST- British Business - Aug 31
The following are the top stories on the business pages of
British newspapers. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
British newspapers. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
UPDATE 3-USDA closes offices in five states after anonymous threats
CHICAGO, Aug 30 (Reuters) - The U.S. Department of
Agriculture has closed six offices in five states after
receiving anonymous threats, a USDA spokesman said on Tuesday,
and police were investigating...
Read more
Agriculture has closed six offices in five states after
receiving anonymous threats, a USDA spokesman said on Tuesday,
and police were investigating...
Read more
BRIEF-Snyder's-Lance issues voluntary recall of Diamond of California macadamia nuts
* Snyder's-Lance - Voluntary recall of Diamond of California
macadamia nuts due to possible salmonella contamination
Read more
macadamia nuts due to possible salmonella contamination
Read more
AstraZeneca to pay $5.52 mln to resolve U.S. SEC foreign bribery case
NEW YORK, Aug 30 (Reuters) - U.S. regulators said on Tuesday
that AstraZeneca Plc will pay $5.52 million to resolve a
foreign bribery probe into improper payments by its sales and
marketing staff to...
Read more
that AstraZeneca Plc will pay $5.52 million to resolve a
foreign bribery probe into improper payments by its sales and
marketing staff to...
Read more
UPDATE 6-EU hits Apple with 13 billion euro Irish tax demand
* GRAPHIC - Apple's tax structure http://tmsnrt.rs/2bxS7Sd
(Adds share move, analyst on chances of winning appeal, Apple
CFO comment)
Read more
(Adds share move, analyst on chances of winning appeal, Apple
CFO comment)
Read more
BRIEF-SAExploration holdings files for offering of up to 3.1 mln shares of common stock
* Files for offering of up to 3.1 million shares of common
stock by selling stockholders - SEC filing
Source: (http://bit.ly/2bYsd8q)
Further company coverage:
Read more
stock by selling stockholders - SEC filing
Source: (http://bit.ly/2bYsd8q)
Further company coverage:
Read more
BRIEF-Carl Icahn in WSJ says had no plans to sell Herbalife stock that would have required SEC disclosure
* Carl Icahn in WSJ opinion piece - had no "plans or
proposals" to sell Herbalife stock that would have required SEC
disclosure and have none now
Read more
proposals" to sell Herbalife stock that would have required SEC
disclosure and have none now
Read more
UPDATE 1-Chile orders two copper mines suspended after fatal accidents
SANTIAGO, Aug 30 (Reuters) - Chile's mining regulator on
Tuesday ordered a halt to all operations at two major copper
mines, state-owned Codelco's Chuquicamata and Freeport-McMoran
Inc's El Abra, to...
Read more
Tuesday ordered a halt to all operations at two major copper
mines, state-owned Codelco's Chuquicamata and Freeport-McMoran
Inc's El Abra, to...
Read more
UPDATE 1-U.S. SEC awards $22 mln to Monsanto whistleblower
Aug 30 (Reuters) - A former Monsanto Co executive
who tipped the U.S. Securities and Exchange Commission to
accounting improprieties involving the company's top-selling
Roundup product has been...
Read more
who tipped the U.S. Securities and Exchange Commission to
accounting improprieties involving the company's top-selling
Roundup product has been...
Read more
BRIEF-Relypsa says Phase 4 TOURMALINE study meets primary endpoint
* Announces phase 4 study shows veltassa demonstrated
similar efficacy and safety whether given with or without food
in patients with hyperkalemia
Read more
similar efficacy and safety whether given with or without food
in patients with hyperkalemia
Read more
UPDATE 1-Italy's Monte Paschi may swap bonds for shares to ease cash call -sources
* Also looking for anchor investors -source
(Adds source comments, background, bank comment)
Read more
(Adds source comments, background, bank comment)
Read more
BRIEF-Stingray Digital Group counters in court allegations by Music Choice of patent infringement
* Countered in court allegations by Music Choice of patent
infringement in relation to co's music products and services
Read more
infringement in relation to co's music products and services
Read more
BRIEF-Cempra says FDA scheduled meeting to discuss safety, efficacy of solithromycin
* FDA scheduled meeting of Antimicrobial Drugs Advisory
Committee on Nov. 4 to discuss safety, efficacy of solithromycin
Source text for Eikon:
Further company coverage:
Read more
Committee on Nov. 4 to discuss safety, efficacy of solithromycin
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Karyopharm Therapeutics provides update on Phase 2b STORM study
* Intends to expand its Phase 2b storm study evaluating
activity of selinexor in multiple myeloma
Read more
activity of selinexor in multiple myeloma
Read more
Washington warns of strain on EU economic relationship after Apple ruling
WASHINGTON, Aug 30 (Reuters) - A European Commission order
requiring Apple Inc to pay $13 billion euros ($14.5
billion) in taxes on Tuesday drew swift and angry rebukes from
the Obama administration...
Read more
requiring Apple Inc to pay $13 billion euros ($14.5
billion) in taxes on Tuesday drew swift and angry rebukes from
the Obama administration...
Read more
White House 'concerned' EU tax penalty on Apple may hit U.S. taxpayers
WASHINGTON, Aug 30 (Reuters) - The White House said on
Tuesday it was concerned about a European Commission order for
Apple Inc to pay billions in unpaid taxes to Ireland
because it seemed TO...
Read more
Tuesday it was concerned about a European Commission order for
Apple Inc to pay billions in unpaid taxes to Ireland
because it seemed TO...
Read more
UPDATE 4-EU hits Apple with 13 billion euro Irish tax demand
BRUSSELS/DUBLIN, Aug 30 (Reuters) - The European Commission
ordered Apple Inc. to pay Ireland unpaid taxes of up to
13 billion euros ($14.5 billion) on Tuesday as it ruled the firm
had received...
Read more
ordered Apple Inc. to pay Ireland unpaid taxes of up to
13 billion euros ($14.5 billion) on Tuesday as it ruled the firm
had received...
Read more
London financial groups open line to Dublin after Brexit
FRANKFURT/DUBLIN, Aug 30 (Reuters) - Ireland says the Brexit
vote has led to a jump in enquiries from London firms
considering opening offices in Dublin, one of a handful of
European cities trying...
Read more
vote has led to a jump in enquiries from London firms
considering opening offices in Dublin, one of a handful of
European cities trying...
Read more
UPDATE 1-South Africa's ANC backs Gordhan but warns ministers to obey police summons
JOHANNESBURG, Aug 30 (Reuters) - South Africa's ruling party
backed Finance Minister Pravin Gordhan on Tuesday but said
ministers should obey police summons issued during
investigations, days after...
Read more
backed Finance Minister Pravin Gordhan on Tuesday but said
ministers should obey police summons issued during
investigations, days after...
Read more
BRIEF-Ariad completes rolling submission of NDA for Brigatinib to the U.S.
* Ariad completes rolling submission of new drug application
for brigatinib to the u.s. Food and drug administration
Read more
for brigatinib to the u.s. Food and drug administration
Read more
Irish finance minister says EU Apple tax ruling bizarre, political
DUBLIN, Aug 30 (Reuters) - An order by European Union
antitrust regulators for Apple to pay up to 13 billion
euros ($14.5 billion) in taxes is a bizarre exercise in
politics, Ireland's finance...
Read more
antitrust regulators for Apple to pay up to 13 billion
euros ($14.5 billion) in taxes is a bizarre exercise in
politics, Ireland's finance...
Read more
REPEAT-Apple says will appeal against EU tax decision
BRUSSELS, Aug 30 (Reuters) - Apple said it would
appeal against an EU ruling ordering it to pay up to 13 billion
euros ($14.5 billion) in taxes to the Irish government which the
EU considers to have...
Read more
appeal against an EU ruling ordering it to pay up to 13 billion
euros ($14.5 billion) in taxes to the Irish government which the
EU considers to have...
Read more
BRIEF-Kamada meets primary endpoint of U.S. Phase 2 study of inhaled Alpha-1 Antitrypsin
* Kamada meets primary endpoint of U.S. Phase 2 study of
inhaled Alpha-1 Antitrypsin for the treatment of Alpha-1
Antitrypsin deficiency
Read more
inhaled Alpha-1 Antitrypsin for the treatment of Alpha-1
Antitrypsin deficiency
Read more
Buyout firms' hushed deals with top investors risk US regulators' ire
NEW YORK, Aug 30(Reuters) - Some U.S. private equity firms
are courting their biggest and savviest investors with
privileged access to special fee-saving deals without telling
other investors,...
Read more
are courting their biggest and savviest investors with
privileged access to special fee-saving deals without telling
other investors,...
Read more
RPT-Options sought as Merkel's radio silence complicates path to soft Brexit landing
BERLIN, Aug 29 (Reuters) - Triggering the procedure for
Britain to exit the European Union is like turning off the
engines on an airplane, a top European diplomat says: best only
do it if you can see...
Read more
Britain to exit the European Union is like turning off the
engines on an airplane, a top European diplomat says: best only
do it if you can see...
Read more
EU antitrust commissioner Vestager to speak on competition case on Tuesday
BRUSSELS, Aug 30 (Reuters) - EU Competition Commissioner
Margrethe Vestager will hold a news conference at midday (1000
GMT) on Tuesday on an antitrust case, the European Commission
said in a...
Read more
Margrethe Vestager will hold a news conference at midday (1000
GMT) on Tuesday on an antitrust case, the European Commission
said in a...
Read more
Monday, August 29, 2016
Deloitte urges UK not to restrict skilled migrants after Brexit
LONDON, Aug 30 (Reuters) - Global accountant Deloitte has
called on Britain's government not to clamp down on skilled
migrants following Brexit, saying it could backfire on the
economy.
Read more
called on Britain's government not to clamp down on skilled
migrants following Brexit, saying it could backfire on the
economy.
Read more
BRIEF-Israel Englander reports 5.2 percent passive stake in Synergy Resources Corp as of Aug 17
* Israel Englander reports 5.2 percent passive stake in
Synergy Resources Corp as of August 17 -Sec filing
Source text (http://bit.ly/2bxssmC)
Further company coverage:
Read more
Synergy Resources Corp as of August 17 -Sec filing
Source text (http://bit.ly/2bxssmC)
Further company coverage:
Read more
UPDATE 1-Samarco dam failed due to poor drainage and design -investigation
BELO HORIZONTE/RIO DE JANEIRO, Aug 29 (Reuters) - The deadly
collapse of a tailings dam at the Samarco mine, owned by Vale SA
and BHP Billiton, last November was caused by
drainage and design...
Read more
collapse of a tailings dam at the Samarco mine, owned by Vale SA
and BHP Billiton, last November was caused by
drainage and design...
Read more
BRIEF-U.S. Representatives seek details from Mylan on EpiPens price rise
* Representatives Jason Chaffetz, Elijah Cummings Of U.S.
House Committee On Oversight And Government Reform Send Letter
To Mylan CEO
Read more
House Committee On Oversight And Government Reform Send Letter
To Mylan CEO
Read more
UPDATE 2-Colorado's anti-fracking measures fail to qualify for ballot
HOUSTON, Aug 29 (Reuters) - Environmental groups have failed
to gather enough signatures to put two measures on Colorado's
ballot in November that aim to curb fracking and oil and gas
work, the state...
Read more
to gather enough signatures to put two measures on Colorado's
ballot in November that aim to curb fracking and oil and gas
work, the state...
Read more
UPDATE 1-Protesters shut down TransCanada pipeline hearing in Montreal
MONTREAL, Aug 29 (Reuters) - Canada's National Energy Board
cancelled the first day of hearings on TransCanada Corp's
proposed Energy East pipeline in Montreal on Monday
after protesters disrupted...
Read more
cancelled the first day of hearings on TransCanada Corp's
proposed Energy East pipeline in Montreal on Monday
after protesters disrupted...
Read more
European privacy regulators to scrutinise WhatsApp privacy switch
PARIS, Aug 29 (Reuters) - Facebook's move to relax the
privacy policy of WhatsApp, the world's most popular mobile
messaging application, will be closely scrutinised, the chair of
Europe's leading...
Read more
privacy policy of WhatsApp, the world's most popular mobile
messaging application, will be closely scrutinised, the chair of
Europe's leading...
Read more
BRIEF-Rockefeller Hughes announces dissolution of U.S. subsidiary
* Rockefeller Hughes announces final settlement of
outstanding shareholder lawsuit and dissolution of U.S.
subsidiary
Read more
outstanding shareholder lawsuit and dissolution of U.S.
subsidiary
Read more
UPDATE 1-Truck carrying Takata air bag inflators explodes in U.S., killing one
Aug 29 (Reuters) - A truck that was transporting Takata Corp
air bag inflators and propellants at the centre of a
global recall exploded in Texas last week, killing one woman and
injuring four other...
Read more
air bag inflators and propellants at the centre of a
global recall exploded in Texas last week, killing one woman and
injuring four other...
Read more
UPDATE 1-S. African Treasury says Eskom executives blocking probe into coal contracts
JOHANNESBURG, Aug 29 (Reuters) - Executives at Eskom have
resisted attempts to investigate coal contracts entered into by
the state-owned power utility and Tegeta Exploration & Resources
Ltd, a...
Read more
resisted attempts to investigate coal contracts entered into by
the state-owned power utility and Tegeta Exploration & Resources
Ltd, a...
Read more
South Africa's Eskom denies blocking coal contract investigation
JOHANNESBURG, Aug 29 (Reuters) - South Africa's Eskom denied
on Monday that it was blocking a Treasury investigation into
coal contracts with Tegeta Exploration & Resources Ltd., a firm
controlled by...
Read more
on Monday that it was blocking a Treasury investigation into
coal contracts with Tegeta Exploration & Resources Ltd., a firm
controlled by...
Read more
Eskom executives blocking investigation into coal contracts - South Africa
JOHANNESBURG, Aug 29 (Reuters) - Executives at Eskom have
resisted several attempts to investigate coal contracts entered
into by the state-owned power utility, South Africa's Treasury
said on Monday.
Read more
resisted several attempts to investigate coal contracts entered
into by the state-owned power utility, South Africa's Treasury
said on Monday.
Read more
RPT-Herbalife may have misled investors, SEC on impact of FTC deal, one short-seller says
BOSTON, Aug 28 (Reuters) - After U.S. multi-level marketing
company Herbalife settled a probe of its sales practices
with the U.S. Federal Trade Commission last month, top
executives assured...
Read more
company Herbalife settled a probe of its sales practices
with the U.S. Federal Trade Commission last month, top
executives assured...
Read more
Germany reaches deal with EU on green energy levy for industry power stations
BERLIN, Aug 29 (Reuters) - The German government has reached
an agreement with the European Commission over disputed
exemptions to the renewable energy levy for industrial companies
that produce...
Read more
an agreement with the European Commission over disputed
exemptions to the renewable energy levy for industrial companies
that produce...
Read more
More U.S. counties to see Obamacare marketplace monopoly -analysis
NEW YORK, Aug 28 (Reuters) - Nearly a third of U.S. counties
will likely be served by only one insurer that participates in
an Affordable Care Act (ACA) marketplace in 2017, according to
an analysis...
Read more
will likely be served by only one insurer that participates in
an Affordable Care Act (ACA) marketplace in 2017, according to
an analysis...
Read more
Roche says U.S. FDA issues Emergency Use Authorization for Zika test
ZURICH, Aug 29 (Reuters) - Swiss drugmaker Roche
said on Monday the U.S. Food and Drug Administration (FDA) had
issued an Emergency Use Authorization (EUA) for its test for the
Zika virus.
Read more
said on Monday the U.S. Food and Drug Administration (FDA) had
issued an Emergency Use Authorization (EUA) for its test for the
Zika virus.
Read more
Sunday, August 28, 2016
PRESS DIGEST- British Business - Aug 29
The following are the top stories on the business pages of
British newspapers. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
British newspapers. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Herbalife may have misled investors, SEC on impact of FTC deal, one short-seller says
BOSTON, Aug 28 (Reuters) - After U.S. multi-level marketing
company Herbalife settled a probe of its sales practices
with the U.S. Federal Trade Commission last month, top
executives assured...
Read more
company Herbalife settled a probe of its sales practices
with the U.S. Federal Trade Commission last month, top
executives assured...
Read more
Mexico environmental agency defends oversight of Goldcorp mine
MEXICO CITY, Aug 28 (Reuters) - Mexico's environmental
prosecutor said it had kept regular oversight of the country's
largest gold mine, days after a Reuters report on a prolonged
leak of...
Read more
prosecutor said it had kept regular oversight of the country's
largest gold mine, days after a Reuters report on a prolonged
leak of...
Read more
Uber, Careem suspend services in UAE capital
ABU DHABI, Aug 28 (Reuters) - Ride-hailing services Uber
and Careem have suspended services in Abu Dhabi, the
capital of the United Arab Emirates, since Saturday and did not
know when they could...
Read more
and Careem have suspended services in Abu Dhabi, the
capital of the United Arab Emirates, since Saturday and did not
know when they could...
Read more
UPDATE 1-Uber, Careem suspend services in UAE capital
ABU DHABI, Aug 28 (Reuters) - Ride-hailing companies Uber
and Careem have suspended services in Abu Dhabi, the
capital of the United Arab Emirates, since Saturday and do not
know when they can...
Read more
and Careem have suspended services in Abu Dhabi, the
capital of the United Arab Emirates, since Saturday and do not
know when they can...
Read more
RPT-Whiplashed investors stay skittish about St. Jude
Aug 26 (Reuters) - One day after a short seller claimed that
St. Jude Medical Inc's heart implants are vulnerable to
deadly cyber attacks, investors appear most concerned about
whether the accusation...
Read more
St. Jude Medical Inc's heart implants are vulnerable to
deadly cyber attacks, investors appear most concerned about
whether the accusation...
Read more
Saturday, August 27, 2016
Fed should keep trillions in bonds to provide stability - paper
Aug 27 (Reuters) - The U.S. Federal Reserve should scrap a
plan to shrink its massive bond holdings and instead keep them
"indefinitely" as a new and little-recognized tool to protect
against...
Read more
plan to shrink its massive bond holdings and instead keep them
"indefinitely" as a new and little-recognized tool to protect
against...
Read more
CORRECTED-UPDATE 4-FDA recommends Zika testing for all blood donated in U.S.
CHICAGO/TAMPA, Fla., Aug 26 (Reuters) - The U.S. Food and
Drug Administration recommended on Friday that all blood donated
in the United States and its territories be tested for Zika
virus, as it...
Read more
Drug Administration recommended on Friday that all blood donated
in the United States and its territories be tested for Zika
virus, as it...
Read more
Whiplashed investors stay skittish about St. Jude
Aug 26 (Reuters) - One day after a short seller claimed that
St. Jude Medical Inc's heart implants are vulnerable to
deadly cyber attacks, investors appear most concerned about
whether the accusation...
Read more
St. Jude Medical Inc's heart implants are vulnerable to
deadly cyber attacks, investors appear most concerned about
whether the accusation...
Read more
Minnesota sets broadest U.S. limits on chemicals blamed for bee declines
Aug 26 (Reuters) - Minnesota's governor on Friday ordered
the broadest restrictions yet in a U.S. state on the use of
agricultural pesticides that have been blamed for hurting bees,
fueling concerns...
Read more
the broadest restrictions yet in a U.S. state on the use of
agricultural pesticides that have been blamed for hurting bees,
fueling concerns...
Read more
Friday, August 26, 2016
Mazda recalling 190,000 CX-7 vehicles in U.S.
DETROIT, Aug 26 (Reuters) - Mazda Motor Corp will
recall 190,000 of its CX-7 sport utility vehicles from model
years 2007 to 2012 in the United States because of an issue that
may cause a loss of...
Read more
recall 190,000 of its CX-7 sport utility vehicles from model
years 2007 to 2012 in the United States because of an issue that
may cause a loss of...
Read more
UPDATE 2-EU may require YouTube, DailyMotion to seek deals with music industry
* EU may require websites to seek deals with rightsholders
(Adds lawyer comment, details on publishers' new right)
Read more
(Adds lawyer comment, details on publishers' new right)
Read more
UPDATE 1-Foreign seed firms team up to oppose new India GM crop rules
NEW DELHI, Aug 26 (Reuters) - Major international seed
companies formed an alliance on Friday to oppose a proposal by
India that would force them to share their genetically modified
crop technology...
Read more
companies formed an alliance on Friday to oppose a proposal by
India that would force them to share their genetically modified
crop technology...
Read more
Takata shortlists Daicel, KKR, Ningbo, others in rescue search -sources
TOKYO, Aug 26 (Reuters) - Takata Corp has
shortlisted six or seven companies, including a competitor and
private-equity funds, as potential financial investors to bail
out the Japanese car-parts...
Read more
shortlisted six or seven companies, including a competitor and
private-equity funds, as potential financial investors to bail
out the Japanese car-parts...
Read more
India should let market to determine seed prices -foreign seed firms' alliance
NEW DELHI, Aug 26 (Reuters) - An official from the newly
formed alliance of major international seed companies in India
said on Friday that market should determine prices of seeds
rather than...
Read more
formed alliance of major international seed companies in India
said on Friday that market should determine prices of seeds
rather than...
Read more
BRIEF-SABMiller publishes scheme documents in relation to AB InBev offer
* Today publishing scheme document, which is being sent, or
made available, to SABMiller shareholders
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +91 806 749 1136)
Read more
made available, to SABMiller shareholders
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +91 806 749 1136)
Read more
BRIEF-Ab inbev expects potential job reduction of about 3 percent of total workforce of the combined group
* Expects potential job reduction of about 3 percent of
total workforce of the combined group
Read more
total workforce of the combined group
Read more
Thursday, August 25, 2016
PRESS DIGEST- Financial Times - Aug 26
Aug 26 (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
BRIEF-Cardconnect files for offering of up to 10.3 mln shares - SEC filing
* Files for offering of up to 10.3 million shares of common
stock - sec filing
Further company coverage:
Read more
stock - sec filing
Further company coverage:
Read more
BRIEF-Proteostasis Therapeutics files for common stock offering
* Files for common stock offering of up to $60 million - SEC
filing
Source: (http://bit.ly/2bDxfUB)
Further company coverage:
Read more
filing
Source: (http://bit.ly/2bDxfUB)
Further company coverage:
Read more
BRIEF-L brands - President reports open market sale of 45,500 shares of co
* President, L Brands International, Martin Waters reports
open market sale of 45,500 shares of common stock on August 23 -
sec filing
Read more
open market sale of 45,500 shares of common stock on August 23 -
sec filing
Read more
U.S. agency rolls out refinance program for homeowners
NEW YORK, Aug 25 (Reuters) - The regulator of Fannie Mae and
Freddie Mac unveiled on Thursday a program aimed at homeowners
who are paying their mortgages on time but whose loan-to-value
(LTV)...
Read more
Freddie Mac unveiled on Thursday a program aimed at homeowners
who are paying their mortgages on time but whose loan-to-value
(LTV)...
Read more
BRIEF-Norman Pessin cuts stake in Image Sensing Systems to 9 pct
* Norman Pessin reports 9.0 percent stake in Image Sensing
Systems Inc as of August 24 versus 11.5 percent stake as of
January 21 - Sec filing
Source text : http://bit.ly/2bSE1HB
Further company...
Read more
Systems Inc as of August 24 versus 11.5 percent stake as of
January 21 - Sec filing
Source text : http://bit.ly/2bSE1HB
Further company...
Read more
UPDATE 5-Zuma says backs finance minister but can't stop investigation
* Opposition calls for debate on Gordhan "witch-hunt"
(Adds Gordhan at funeral service in Eastern Cape province)
Read more
(Adds Gordhan at funeral service in Eastern Cape province)
Read more
UPDATE 4-Volkswagen to spend at least $1.2 bln to compensate U.S. dealers -sources
WASHINGTON, Aug 25 (Reuters) - Volkswagen AG has
agreed to spend more than $1.2 billion to compensate its 650
U.S. dealers for their losses from the German automaker's diesel
emissions scandal, two...
Read more
agreed to spend more than $1.2 billion to compensate its 650
U.S. dealers for their losses from the German automaker's diesel
emissions scandal, two...
Read more
UPDATE 2-Tesla wins U.S. antitrust approval to buy SolarCity
WASHINGTON, Aug 25 (Reuters) - Tesla Motors Inc has
won U.S. antitrust approval to buy solar panel installer
SolarCity Corp, the Federal Trade Commission said on
Thursday.
Read more
won U.S. antitrust approval to buy solar panel installer
SolarCity Corp, the Federal Trade Commission said on
Thursday.
Read more
UPDATE 2-Power outage briefly halts flights to Miami, nearby airports - FAA
WASHINGTON, Aug 25 (Reuters) - The U.S. Federal Aviation
Administration briefly halted flights at Miami International and
nearby airports around noon EDT (1600 GMT) on Thursday following
a power...
Read more
Administration briefly halted flights at Miami International and
nearby airports around noon EDT (1600 GMT) on Thursday following
a power...
Read more
BRIEF-Securities Class Action Against MannKind Dismissed
* U.S. District court for central district of California has
dismissed class action that was pending against Mannkind and two
of executives
Read more
dismissed class action that was pending against Mannkind and two
of executives
Read more
REFILE-Social media giants must do more to police sites - UK lawmakers
LONDON, Aug 25 (Reuters) - Facebook, Twitter
and YouTube should hire more people to monitor hate
speech and material inciting violence as well as putting staff
in police operation centres to remove...
Read more
and YouTube should hire more people to monitor hate
speech and material inciting violence as well as putting staff
in police operation centres to remove...
Read more
COLUMN-Heed the warning label on mutual funds - passive is better
CHICAGO, Aug 25 (Reuters) - The warning is posted in fine
print at the bottom of all mutual fund advertisements: "Past
performance does not guarantee future results." The U.S.
Securities and Exchange...
Read more
print at the bottom of all mutual fund advertisements: "Past
performance does not guarantee future results." The U.S.
Securities and Exchange...
Read more
BRIEF-BTG says received approval from Health Canada for DC Bead Lumi
* Says anticipates securing regulatory clearances for
additional radiopaque bead products in other markets worldwide
Read more
additional radiopaque bead products in other markets worldwide
Read more
UPDATE 1-China's big P2P platforms shrug off crackdown
HONG KONG/BEIJING, Aug 25 (Reuters) - China's bid to tame
its peer-to-peer (P2P) lending sector could cost smaller
platforms some business, but the impact on larger players will
be limited, and some...
Read more
its peer-to-peer (P2P) lending sector could cost smaller
platforms some business, but the impact on larger players will
be limited, and some...
Read more
BRIEF-Arena Pharmaceuticals, Eisai receive 'paragraph IV certification'
* Co and Eisai Inc have received a 'paragraph IV
certification' notification with respect to patents for Belviq
Read more
certification' notification with respect to patents for Belviq
Read more
India government panel clears GM mustard but hurdles remain -sources
NEW DELHI, Aug 25 (Reuters) - A government panel has cleared
commercial use of what would be India's first genetically
modified (GM) food crop, but the political establishment will
still have to give...
Read more
commercial use of what would be India's first genetically
modified (GM) food crop, but the political establishment will
still have to give...
Read more
South Africa's Zuma says has confidence in finance minister, can't intervene in probe
JOHANNESBURG, Aug 25 (Reuters) - South African President
Jacob Zuma said on Thursday he has full confidence in Finance
Minister Pravin Gordhan, who is under police investigation over
a suspected spy...
Read more
Jacob Zuma said on Thursday he has full confidence in Finance
Minister Pravin Gordhan, who is under police investigation over
a suspected spy...
Read more
Mexico energy regulator names firms qualified for deep-water tender
MEXICO CITY, Aug 24 (Reuters) - Mexico's energy regulator
said on Wednesday that 26 companies had qualified to participate
in the country's deep-water oil tender in December, the jewel in
the crown...
Read more
said on Wednesday that 26 companies had qualified to participate
in the country's deep-water oil tender in December, the jewel in
the crown...
Read more
Pizza by drone - unmanned air delivery set to take off in New Zealand
WELLINGTON/SYDNEY, Aug 25 (Reuters) - A New Zealand pizza
chain aims to become the world's first company to offer a
commercial drone delivery service, a milestone in the
once-unthinkable quest to...
Read more
chain aims to become the world's first company to offer a
commercial drone delivery service, a milestone in the
once-unthinkable quest to...
Read more
Wednesday, August 24, 2016
UPDATE 2-California legislature passes climate change bills
SAN FRANCISCO, Aug 24 (Reuters) - California lawmakers voted
to extend the state's climate change fighting efforts out to
2030 on Wednesday, giving a new lease on life to the most
ambitious...
Read more
to extend the state's climate change fighting efforts out to
2030 on Wednesday, giving a new lease on life to the most
ambitious...
Read more
PRESS DIGEST- Financial Times - Aug 25
Aug 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
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
UPDATE 1-Number of U.S. prime funds seen dwindling -iMoneynet
NEW YORK, Aug 24 (Reuters) - The number of prime money funds
in the $2.7 trillion industry, which can invest in corporate
debt in addition to government securities, is forecast to fall
to 264 from...
Read more
in the $2.7 trillion industry, which can invest in corporate
debt in addition to government securities, is forecast to fall
to 264 from...
Read more
BRIEF-Medigus files for mixed shelf of up to $20 mln
* Files for mixed shelf of up to $20 million - sec filing
Source text for Eikon:
Further company coverage:
Read more
Source text for Eikon:
Further company coverage:
Read more
UPDATE 2-More U.S. retailers probing phony Egyptian cotton
CHICAGO/NEW DELHI, Aug 24 (Reuters) - U.S. retailer Bed Bath
& Beyond on Wednesday said it ordered an external audit
of textiles from Welspun India, after Target Corp
last week accused the Indian...
Read more
& Beyond on Wednesday said it ordered an external audit
of textiles from Welspun India, after Target Corp
last week accused the Indian...
Read more
BRIEF-U.S. senators Collins and Mccaskill request information and briefing from Mylan on Epipen pricing within two weeks- CNBC
* U.S. senators Collins and Mccaskill request information
and briefing from Mylan on Epipen pricing within two weeks- CNBC
Read more
and briefing from Mylan on Epipen pricing within two weeks- CNBC
Read more
BRIEF-Kentucky PSC - Approval of rate adjustment settlement for Kentucky American Water
* Kentucky Public Service Commission says approval of a
settlement granting Kentucky American Water a rate adjustment
for water bills
Read more
settlement granting Kentucky American Water a rate adjustment
for water bills
Read more
Bed Bath & Beyond appoints external auditor to review Welspun India's products
CHICAGO, Aug 24 (Reuters) - Bed Bath & Beyond Inc
said on Wednesday it has appointed an independent auditor to
confirm whether supplier Welspun India Ltd's bedding
products are actually made of...
Read more
said on Wednesday it has appointed an independent auditor to
confirm whether supplier Welspun India Ltd's bedding
products are actually made of...
Read more
South Africa's Gordhan says under "no obligation" to meet police
JOHANNESBURG, Aug 24 (Reuters) - South Africa's Finance
Minister Pravin Gordhan said on Wednesday he was under no
obligation to present himself to police because he was not a
suspect in an...
Read more
Minister Pravin Gordhan said on Wednesday he was under no
obligation to present himself to police because he was not a
suspect in an...
Read more
UPDATE 1-U.S. SEC charges 71 muni issuers for misleading investors
Aug 24 (Reuters) - The U.S. Securities and Exchange
Commission has charged 71 municipal bond issuers, including the
states of Hawaii and Minnesota, as well as related entities, for
using offering...
Read more
Commission has charged 71 municipal bond issuers, including the
states of Hawaii and Minnesota, as well as related entities, for
using offering...
Read more
BRIEF-Evgen Pharma granted orphan drug designation for stabilised sulforaphane
* FDA granted company orphan drug designation for use of
stabilised sulforaphane for treatment of subarachnoid
haemorrhage
Source text for Eikon:
Further company coverage:
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stabilised sulforaphane for treatment of subarachnoid
haemorrhage
Source text for Eikon:
Further company coverage:
Read more
UPDATE 1-Germany urges people to store staples in case of terrorism, national emergency
BERLIN, Aug 24 (Reuters) - Germany has told its citizens to
stock up on water and food in the event of a terrorist attack or
national catastrophe and be ready to support the military in the
country's...
Read more
stock up on water and food in the event of a terrorist attack or
national catastrophe and be ready to support the military in the
country's...
Read more
BRIEF-Biopharmx enrolls first subject in OPAL Phase 2B clinical trial
* Biopharmx enrolls first subject in OPAL Phase 2B clinical
trial of bpx-01 topical minocycline for treatment of acne
Read more
trial of bpx-01 topical minocycline for treatment of acne
Read more
MONEY MARKETS-Three-month dollar Libor unchanged
NEW YORK, Aug 24 (Reuters) - A closely watched measure of
the cost for banks to borrow dollars was unchanged for a second
day on Wednesday, holding at a seven-plus year high due to
reduced demand for...
Read more
the cost for banks to borrow dollars was unchanged for a second
day on Wednesday, holding at a seven-plus year high due to
reduced demand for...
Read more
Tuesday, August 23, 2016
UPDATE 1-U.S. trade judge clears Fitbit of stealing Jawbone's trade secrets
NEW YORK, Aug 23 (Reuters) - Fitbit Inc did not
steal rival Jawbone's trade secrets, a U.S. International Trade
Commission judge ruled on Tuesday, dashing Jawbone's hopes of
securing an import ban...
Read more
steal rival Jawbone's trade secrets, a U.S. International Trade
Commission judge ruled on Tuesday, dashing Jawbone's hopes of
securing an import ban...
Read more
CORRECTED-BRIEF-Pharmstandard International reports open market purchase of 53,524 shares of Argos Therapeutics at avg price of $4.23/shr
* Pharmstandard International SA reports open market
purchase of 53,524 shares of co's common stock at average price
of $4.23 per share on Aug. 19
Read more
purchase of 53,524 shares of co's common stock at average price
of $4.23 per share on Aug. 19
Read more
BRIEF-Fujifilm submits final PMA module for digital breast tomosynthesis
* Submitted to FDA final module of PMA for digital breast
tomosynthesis (DBT)
Source text for Eikon:
Further company coverage:
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tomosynthesis (DBT)
Source text for Eikon:
Further company coverage:
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BRIEF-Comscore - WPP Plc reports open market purchase of 60,000 shares of co's common stock at $27.56/share on Aug 19
* WPP Plc reports open market purchase of 60,000 shares of
co's common stock at average price of $27.56per share on aug 19
- sec filing
Read more
co's common stock at average price of $27.56per share on aug 19
- sec filing
Read more
US CBO says budget deficit to reach $590 bln for fiscal 2016
WASHINGTON, Aug 23 (Reuters) - The U.S. budget deficit is
expected to grow to $590 billion in fiscal year 2016 due to
slower than expected growth in revenues and higher spending for
programs...
Read more
expected to grow to $590 billion in fiscal year 2016 due to
slower than expected growth in revenues and higher spending for
programs...
Read more
BRIEF-Connectone bancorp files for mixed shelf of upto $50 mln
* Files for mixed shelf of upto $50 million - sec filing
Source text : http://bit.ly/2bLAREC
Further company coverage:
Read more
Source text : http://bit.ly/2bLAREC
Further company coverage:
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VW, states agree to hold settlement talks over environmental claims
Aug 23 (Reuters) - Volkswagen AG and several
U.S. states that sued the German automaker seeking hundreds of
millions of dollars in damages for state law violations agreed
to hold settlement talks,...
Read more
U.S. states that sued the German automaker seeking hundreds of
millions of dollars in damages for state law violations agreed
to hold settlement talks,...
Read more
UPDATE 1-U.S. Trade Rep approves import ban on Arista devices, says rival Cisco
NEW YORK, Aug 23 (Reuters) - The U.S. Trade Representative
has upheld an import ban on Arista Networks Inc's
ethernet switches following a federal commission's finding in
June that the company's...
Read more
has upheld an import ban on Arista Networks Inc's
ethernet switches following a federal commission's finding in
June that the company's...
Read more
Deals of the day- Mergers and acquisitions
Aug 23 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1400 GMT on Tuesday:
Read more
and disposals were reported by 1400 GMT on Tuesday:
Read more
Import ban on Arista devices approved by USTR, Cisco says
NEW YORK, Aug 23 (Reuters) - The U.S. Trade Representative
has upheld an import ban against certain Arista Networks Inc
products following a June decision by a federal trade
agency finding that the...
Read more
has upheld an import ban against certain Arista Networks Inc
products following a June decision by a federal trade
agency finding that the...
Read more
Bosch rejects diesel allegations as 'wild and unfounded'
Aug 23 (Reuters) - Auto supplier Robert Bosch GmbH
said claims it was a knowing participant in Volkswagen's
decade-long scheme to evade U.S. anti-pollution laws were "wild
and unfounded."
Read more
said claims it was a knowing participant in Volkswagen's
decade-long scheme to evade U.S. anti-pollution laws were "wild
and unfounded."
Read more
South Africa sugar tax will hit economy and jobs, says lobby group
JOHANNESBURG, Aug 23 (Reuters) - A South African business
lobby group warned on Tuesday that a proposed tax on sugary
drinks will hurt the economy and lead to job losses, an
assertion tossed aside by...
Read more
lobby group warned on Tuesday that a proposed tax on sugary
drinks will hurt the economy and lead to job losses, an
assertion tossed aside by...
Read more
MONEY MARKETS-3-month dollar Libor holds at 7-year high
NEW YORK, Aug 23 (Reuters) - A closely watched measure of
the cost for banks to borrow dollars was unchanged on Tuesday,
holding at a seven-plus year high amid reduced demand for bank
debt among U.S....
Read more
the cost for banks to borrow dollars was unchanged on Tuesday,
holding at a seven-plus year high amid reduced demand for bank
debt among U.S....
Read more
BRIEF-Rusoro awarded $967.77 mln by an ICSID additional facility tribunal
* Rusoro awarded US$967.77 million by an ICSID additional
facility tribunal for the expropriation of its investments in
Venezuela
Read more
facility tribunal for the expropriation of its investments in
Venezuela
Read more
INSIGHT-How a Ukrainian reform backfired, opening a new door to fraud
BARYSHIVKA, Ukraine, Aug 23 (Reuters) - The goal was to make
Ukraine more friendly for investors by reducing red tape. But
reforms that loosened the rules for registering ownership of
assets have...
Read more
Ukraine more friendly for investors by reducing red tape. But
reforms that loosened the rules for registering ownership of
assets have...
Read more
BRIEF-SAB says investors Altria, BEVCO to vote on AB InBev deal separately
* Result of this is that Altria and BEVCO will consent to UK
scheme separately and will not vote with other SABMiller
shareholders
Read more
scheme separately and will not vote with other SABMiller
shareholders
Read more
BRIEF-AB InBev notes result of SABMiller's UK court hearing
* Result of SABMiller UK court directions hearing
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom)
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Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom)
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RPT-COLUMN-Tin mining - Cornish dreams and Myanmar reality: Andy Home
LONDON, Aug 22 (Reuters) - Hope springs eternal in Cornwall
when it comes to reviving tin mining in this southwestern corner
of the United Kingdom.
Read more
when it comes to reviving tin mining in this southwestern corner
of the United Kingdom.
Read more
Monday, August 22, 2016
PRESS DIGEST- Financial Times - Aug 23
Aug 23 (Reuters) - The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
UPDATE 1-CME Group urgently suspends trader for spoofing
CHICAGO, Aug 22 (Reuters) - CME Group Inc urgently
suspended a futures trader from its markets for spoofing on
Monday, the exchange operator said, the latest regulatory action
over the manipulative...
Read more
suspended a futures trader from its markets for spoofing on
Monday, the exchange operator said, the latest regulatory action
over the manipulative...
Read more
Brazil's Ser hires lawyers to fight Kroton-Estacio merger - source
SAO PAULO, Aug 22 (Reuters) - Ser Educacional SA,
Brazil's third-largest listed for-profit education company, has
hired lawyers to lobby against a merger of two larger rivals,
according to a source...
Read more
Brazil's third-largest listed for-profit education company, has
hired lawyers to lobby against a merger of two larger rivals,
according to a source...
Read more
BRIEF-Big 5 sporting goods - Stadium Capital Partners Lp reports open market sale of 11,656 shares of co's common stock at $12.93/share
* Stadium Capital Partners Lp reports open market sale of
11,656 shares of co's common stock at average price of $12.93per
share on Aug 18
Read more
11,656 shares of co's common stock at average price of $12.93per
share on Aug 18
Read more
CME Group suspends gold, natural gas trader for spoofing
CHICAGO, Aug 22 (Reuters) - CME Group Inc on Monday
suspended from its markets a futures trader who used the
manipulative practice known as spoofing and was suspected of
money laundering, the...
Read more
suspended from its markets a futures trader who used the
manipulative practice known as spoofing and was suspected of
money laundering, the...
Read more
BRIEF-Puma Biotechnology's marketing authorization application for neratinib validated by EMA
* Marketing authorization application for neratinib has been
validated by European Medicines Agency
Source text (http://bit.ly/2bxvgWa)
Further company coverage:
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validated by European Medicines Agency
Source text (http://bit.ly/2bxvgWa)
Further company coverage:
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BRIEF-Lpath files for mixed shelf of up to $10 mln - SEC filing
* Files for mixed shelf of up to $10 million - SEC filing
Source text for Eikon:
Further company coverage:
Read more
Source text for Eikon:
Further company coverage:
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UPDATE 1-U.S. appeals court declines to reconsider Bank of America ruling
NEW YORK, Aug 22 (Reuters) - A U.S. appeals court refused on
Monday to reconsider its decision to overturn a $1.27 billion
penalty against Bank of America Corp and a jury verdict
finding it liable...
Read more
Monday to reconsider its decision to overturn a $1.27 billion
penalty against Bank of America Corp and a jury verdict
finding it liable...
Read more
Wells Fargo to pay $4.1 mln for illegal student loan practices-CFPB
Aug 22 (Reuters) - A Wells Fargo & Co unit will pay a total
of $4.1 million to settle charges that it engaged in illegal
private student loan servicing practices that unfairly penalized
certain...
Read more
of $4.1 million to settle charges that it engaged in illegal
private student loan servicing practices that unfairly penalized
certain...
Read more
UPDATE 1-British PM faces struggle to keep executive pay in check
* Data shows binding pay policy votes little used
(Adds Parry on plans for employees 'representation on the
board)
Read more
(Adds Parry on plans for employees 'representation on the
board)
Read more
U.S. driving hits record in 2016
WASHINGTON, Aug 22 (Reuters) - U.S. drivers logged a record
1.58 trillion miles in the first six months of 2016, up 3.3
percent over the same period in 2015, the Transportation
Department said Monday.
Read more
1.58 trillion miles in the first six months of 2016, up 3.3
percent over the same period in 2015, the Transportation
Department said Monday.
Read more
CORRECTED-BRIEF-Jamba CEO Pace buys 7,500 shares of co's common stock
* Jamba Inc - CEO David Pace reports open market
purchase of 7,500 shares of co's common stock on Aug 19 at
$11.47 per share - sec filing
Source text: http://bit.ly/2bJw1bL
Further company coverage:
Read more
purchase of 7,500 shares of co's common stock on Aug 19 at
$11.47 per share - sec filing
Source text: http://bit.ly/2bJw1bL
Further company coverage:
Read more
BRIEF-Regeneron announces agreement with BARDA
* Regeneron announces agreement with BARDA for the
manufacturing and testing of new antibodies against MERS virus
Read more
manufacturing and testing of new antibodies against MERS virus
Read more
Russian EconMin: govt "to do its best" to privatise Rosneft in 2016
SHCHETINKA, Russia, Aug 22 (Reuters) - Russia's government
should do its best to privatise a stake in the nation's largest
oil producer Rosneft this year, Russian Economy
Minister Alexei Ulyukayev...
Read more
should do its best to privatise a stake in the nation's largest
oil producer Rosneft this year, Russian Economy
Minister Alexei Ulyukayev...
Read more
BRIEF-Amira Nature Foods says court granted motion to dismiss class action lawsuit
* Court granted company's motion to dismiss class action
lawsuit
Source text for Eikon:
Further company coverage:
Read more
lawsuit
Source text for Eikon:
Further company coverage:
Read more
EU mergers and takeovers (Aug 22)
BRUSSELS, Aug 22 (Reuters) - The following are mergers under
review by the European Commission and a brief guide to the EU
merger process:
Read more
review by the European Commission and a brief guide to the EU
merger process:
Read more
BRIEF-Pfizer to acquire Medivation for about $14 bln
* Medivation agrees to transaction valued at $81.50 per
Medivation share in cash, for a total enterprise value of
approximately $14 billion
Read more
Medivation share in cash, for a total enterprise value of
approximately $14 billion
Read more
BRIEF-Audit on OHL Mexico deal finds irregularities for $16 mln
* Says Mexican watchdog finds bidding for Viaducto Elevado
Bicentenario deal was carried out according to rules
Read more
Bicentenario deal was carried out according to rules
Read more
Sunday, August 21, 2016
RPT--In Egypt, IMF deal brings austerity few can afford
CAIRO, Aug 20 (Reuters) - A few years ago Imad would not
have imagined himself queuing in the Cairo sun for a weekly
ration of subsidised baby milk. But rising prices mean his civil
servant's salary...
Read more
have imagined himself queuing in the Cairo sun for a weekly
ration of subsidised baby milk. But rising prices mean his civil
servant's salary...
Read more
U.S. watchdog clears ChemChina takeover of Syngenta
ZURICH, Aug 22 (Reuters) - A U.S. regulator has cleared
ChemChina's blockbuster takeover of Swiss pesticides and seeds
group Syngenta, the companies said on Monday.
Read more
ChemChina's blockbuster takeover of Swiss pesticides and seeds
group Syngenta, the companies said on Monday.
Read more
Health official warns Zika could spread across U.S. Gulf
Aug 21 (Reuters) - One of the top U.S. public health
officials on Sunday warned that the mosquito-borne Zika virus
could extend its reach across the U.S. Gulf Coast after
officials last week...
Read more
officials on Sunday warned that the mosquito-borne Zika virus
could extend its reach across the U.S. Gulf Coast after
officials last week...
Read more
Mexico-U.S air transport deal begins in bid to boost competition
MEXICO CITY, Aug 21 (Reuters) - An air transport deal
between Mexico and the United States that aims to boost
competition in the passenger and freight sectors came into force
on Sunday, Mexico's...
Read more
between Mexico and the United States that aims to boost
competition in the passenger and freight sectors came into force
on Sunday, Mexico's...
Read more
NEWSMAKER-Solitary by nature, India's new central bank head steps into spotlight
MUMBAI, Aug 20 (Reuters) - India's incoming central bank
governor, Urjit Patel, is widely regarded as having the
professional and academic credentials he needs to make a success
of his new job.
Read more
governor, Urjit Patel, is widely regarded as having the
professional and academic credentials he needs to make a success
of his new job.
Read more
Saturday, August 20, 2016
UPDATE 3-India taps insider Patel as central bank head, seeking continuity
* RBI staffers describe Patel as abrasive character
(Updates with quotes, details, background)
Read more
(Updates with quotes, details, background)
Read more
REFILE-In Egypt, IMF deal brings austerity few can afford
CAIRO, Aug 20 (Reuters) - A few years ago Imad would not
have imagined himself queuing in the Cairo sun for a weekly
ration of subsidised baby milk. But rising prices mean his civil
servant's salary...
Read more
have imagined himself queuing in the Cairo sun for a weekly
ration of subsidised baby milk. But rising prices mean his civil
servant's salary...
Read more
Friday, August 19, 2016
UPDATE 1-JPMorgan ends WaMu disputes with FDIC, to receive $645 mln
Aug 19 (Reuters) - JPMorgan Chase & Co on Friday
said it will receive $645 million in a settlement of litigation
with the Federal Deposit Insurance Corp and Deutsche Bank AG
arising from its...
Read more
said it will receive $645 million in a settlement of litigation
with the Federal Deposit Insurance Corp and Deutsche Bank AG
arising from its...
Read more
UPDATE 1-Brazil's Temer meets key lawmakers to back fiscal measures
BRASILIA, Aug 19 (Reuters) - Brazil's interim President
Michel Temer and his economic team met with senior lawmakers on
Friday to urge them to pass austerity measures stuck in Congress
amid pressure...
Read more
Michel Temer and his economic team met with senior lawmakers on
Friday to urge them to pass austerity measures stuck in Congress
amid pressure...
Read more
BRIEF-Pacific Gas & Electric says CPUS approves modified decision on investigation
* On Aug 18 CPUC approved modified decision issued on Aug 17
in its investigation into Pacific Gas And Electric Co-sec filing
Read more
in its investigation into Pacific Gas And Electric Co-sec filing
Read more
BRIEF-FDA approves Pfizer's TROXYCA ER extended-release capsules CII for pain management
* FDA approves TROXYCA ER (oxycodone hydrochloride and
naltrexone hydrochloride) extended-release CAPSULES CII with
abuse-deterrent properties for the management of pain
Source text for Eikon:...
Read more
naltrexone hydrochloride) extended-release CAPSULES CII with
abuse-deterrent properties for the management of pain
Source text for Eikon:...
Read more
UPDATE 2-AT&T, Apple, Google to work on 'robocall' crackdown
WASHINGTON, Aug 19 (Reuters) - More than 30 major technology
and communication companies said on Friday they are joining the
U.S. government to crack down on "robocalls," automated,
prerecorded phone...
Read more
and communication companies said on Friday they are joining the
U.S. government to crack down on "robocalls," automated,
prerecorded phone...
Read more
UPDATE 3-Zika spreads to Miami Beach, U.S. expands travel warning
MIAMI/CHICAGO, Aug 19 (Reuters) - Federal health officials
on Friday warned pregnant women not to travel to trendy Miami
Beach after Florida confirmed that the mosquito-borne Zika virus
was active in...
Read more
on Friday warned pregnant women not to travel to trendy Miami
Beach after Florida confirmed that the mosquito-borne Zika virus
was active in...
Read more
Exxon Mobil defends handling of Torrance refinery outage
HOUSTON, Aug 19 (Reuters) - Exxon Mobil has defended
its handling of an outage at its Los Angeles refinery following
a blast in February 2015 after a prominent trading company told
a state commission...
Read more
its handling of an outage at its Los Angeles refinery following
a blast in February 2015 after a prominent trading company told
a state commission...
Read more
IEX's 'Flash Boys' exchange goes live, aims to disrupt market
NEW YORK, Aug 19 (Reuters) - IEX Group, the upstart trading
venue featured in Michael Lewis's book "Flash Boys: A Wall
Street Revolt," began operations as a public stock exchange on
Friday after more...
Read more
venue featured in Michael Lewis's book "Flash Boys: A Wall
Street Revolt," began operations as a public stock exchange on
Friday after more...
Read more
UPDATE 1-FXCM says notified CFTC, NFA of January 2015 capital shortfall
NEW YORK, Aug 19 (Reuters) - U.S. retail broker Forex
Capital Markets said on Friday it promptly notified the
Commodity Futures Trading Commission and the National Futures
Association of its capital...
Read more
Capital Markets said on Friday it promptly notified the
Commodity Futures Trading Commission and the National Futures
Association of its capital...
Read more
FXCM says promptly notified CFTC of January 2015 capital shortfall
NEW YORK, Aug 19 (Reuters) - U.S.-based retail broker Forex
Capital Markets said on Friday it promptly notified the
Commodity Futures Trading Commission and the National Futures
Association of its...
Read more
Capital Markets said on Friday it promptly notified the
Commodity Futures Trading Commission and the National Futures
Association of its...
Read more
Foreign banks storm dollar market in search of cheaper funding
NEW YORK, Aug 19 (IFR) - Yankee bank issuance has soared
this month as tighter spreads, favourable currency moves and
huge demand for higher-yielding US assets has lowered the cost
of borrowing in US...
Read more
this month as tighter spreads, favourable currency moves and
huge demand for higher-yielding US assets has lowered the cost
of borrowing in US...
Read more
Geo Group says Bureau of Prisons rescinds contract renewal
Aug 19 (Reuters) - Private prison operator Geo Group Inc
said the Federal Bureau of Prisons (BOP) rescinded a
previously granted extension to operate a facility after
renewing the contract.
Read more
said the Federal Bureau of Prisons (BOP) rescinded a
previously granted extension to operate a facility after
renewing the contract.
Read more
Mexico postpones 2.5 Ghz band tender for 1 year -regulator
MEXICO CITY, Aug 19 (Reuters) - Mexico will delay bidding
for a year on its 2.5 Gigahertz (Ghz) broadcast spectrum, which
is ideal for servicing data-hungry devices like tablets and
smartphones, a...
Read more
for a year on its 2.5 Gigahertz (Ghz) broadcast spectrum, which
is ideal for servicing data-hungry devices like tablets and
smartphones, a...
Read more
Brazil's Eletropaulo sees end to $774 mln debt dispute -Valor
SAO PAULO, Aug 19 (Reuters) - Eletropaulo Metropolitana de
São Paulo SA, Brazil's No. 1 power distributor by volume,
expects to soon resolve a 28-year legal dispute with
state-controlled Centrais...
Read more
São Paulo SA, Brazil's No. 1 power distributor by volume,
expects to soon resolve a 28-year legal dispute with
state-controlled Centrais...
Read more
BRIEF-UPS files for potential floating rate senior notes due 2066
* Files for potential floating rate senior notes due 2066;
size not disclosed - SEC filing
Source text : http://bit.ly/2bnsYVe
Further company coverage:
Read more
size not disclosed - SEC filing
Source text : http://bit.ly/2bnsYVe
Further company coverage:
Read more
BRIEF-Tencent's unit, Huang River purchases 8.02 mln JD.com ADSs
* Tencent's unit, Huang River Investment reports 21.25 pct
stake in JD.com as of August 17-SEC filing
Read more
stake in JD.com as of August 17-SEC filing
Read more
BRIEF-Geo Group says Federal Bureau of Prisons renewed contract for correctional facility
* The Geo group announces contract renewal by the federal
bureau of prisons for the D. Ray James correctional facility
Read more
bureau of prisons for the D. Ray James correctional facility
Read more
BRIEF-CCA responds to U.S. decision to phase out federal use of private prisons
* Responds To BOP Decision To Amend Car 16 Solicitation By
Reducing Previously Announced 10,800 Contract Beds To 3,600
Contract Beds
Read more
Reducing Previously Announced 10,800 Contract Beds To 3,600
Contract Beds
Read more
EU mergers and takeovers (Aug 19)
BRUSSELS, Aug 19 (Reuters) - The following are mergers under
review by the European Commission and a brief guide to the EU
merger process:
Read more
review by the European Commission and a brief guide to the EU
merger process:
Read more
PRESS DIGEST- New York Times business news - Aug 19
Aug 19 (Reuters) - The following are the top stories on the
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
Thursday, August 18, 2016
UPDATE 1-Australia denies banks interim approval to jointly negotiate with Apple on payment apps
SYDNEY, Aug 19 (Reuters) - Australia's anti-trust regulator
on Friday said it would not grant the country's three biggest
banks interim approval to collectively negotiate with Apple Inc
to install...
Read more
on Friday said it would not grant the country's three biggest
banks interim approval to collectively negotiate with Apple Inc
to install...
Read more
Australia denies banks interim approval to jointly negotiate with Apple on payment apps
SYDNEY, Aug 19 (Reuters) - Australia's anti-trust regulator
on Friday said it would not grant the country's three biggest
banks interim approval to collectively negotiate with Apple Inc
to install...
Read more
on Friday said it would not grant the country's three biggest
banks interim approval to collectively negotiate with Apple Inc
to install...
Read more
RPT-COLUMN-Copper - a tale of two South American producers: Andy Home
LONDON, Aug 18 (Reuters) - Copper is underperforming every
other major base metal so far this year.
Read more
other major base metal so far this year.
Read more
UPDATE 4-U.S. to phase out federal use of private prisons
WASHINGTON, Aug 18 (Reuters) - The U.S. Justice Department
announced plans on Thursday to phase out its use of privately
operated prisons, calling them less safe and a poor substitute
for...
Read more
announced plans on Thursday to phase out its use of privately
operated prisons, calling them less safe and a poor substitute
for...
Read more
CFTC sues FXCM over prior capital shortfall, customer guarantees
NEW YORK, Aug 18 (Reuters) - The U.S. Commodity Futures
Trading Commission on Thursday said it filed a civil lawsuit
against retail broker Forex Capital Markets LLC, saying
it was under-capitalized...
Read more
Trading Commission on Thursday said it filed a civil lawsuit
against retail broker Forex Capital Markets LLC, saying
it was under-capitalized...
Read more
UPDATE 2-U.S. judge rejects Uber's driver expenses settlement
SAN FRANCISCO, Aug 18 (Reuters) - A U.S. judge on Thursday
rejected an attempt by Uber Technologies Inc to settle a class
action lawsuit with drivers who claimed they were employees
entitled to...
Read more
rejected an attempt by Uber Technologies Inc to settle a class
action lawsuit with drivers who claimed they were employees
entitled to...
Read more
FDA widens use of Edwards' devices for heart valve replacement
Aug 18 (Reuters) - The U.S. Food and Drug Administration has
widened the use of Edwards Lifesciences Corp's heart
valves to patients at intermediate risk of complications if they
underwent open heart...
Read more
widened the use of Edwards Lifesciences Corp's heart
valves to patients at intermediate risk of complications if they
underwent open heart...
Read more
Vitol says Exxon Mobil lacked 'transparency' during Torrance outage
HOUSTON, Aug 18 (Reuters) - Swiss commodity trader Vitol SA
criticized Exxon Mobil Corp this week for
failing to be transparent about maintenance at its Los Angeles
refinery following a February...
Read more
criticized Exxon Mobil Corp this week for
failing to be transparent about maintenance at its Los Angeles
refinery following a February...
Read more
U.S. says Deutsche Bank to appoint swaps monitor after April outage
NEW YORK, Aug 18 (Reuters) - Deutsche Bank AG on
Thursday agreed to retain a monitor to ensure it reports swaps
data properly, to resolve U.S. regulatory charges over its
handling of an April 16...
Read more
Thursday agreed to retain a monitor to ensure it reports swaps
data properly, to resolve U.S. regulatory charges over its
handling of an April 16...
Read more
Online U.S. cattle auctions set to resume as gov't examines markets
CHICAGO, Aug 18 (Reuters) - An online U.S. cattle auction
that ranchers and traders hope will restore transparency to
livestock pricing and reduce volatility in futures contracts is
set to resume...
Read more
that ranchers and traders hope will restore transparency to
livestock pricing and reduce volatility in futures contracts is
set to resume...
Read more
BRIEF-FDA approves expanded indication for Sapien XT and Sapien 3 transcatheter heart valves
* U.S. Food and Drug Administration today approved an
expanded indication for the Sapien XT and Sapien 3 transcatheter
heart valves
Read more
expanded indication for the Sapien XT and Sapien 3 transcatheter
heart valves
Read more
Twitter suspended 360,000 accounts for 'promotion of terrorism' in a year
Aug 18 (Reuters) - Twitter Inc said it had shut
down 360,000 accounts related to "promotion of terrorism" since
the middle of 2015, the company said in a blog post on Thursday.
Read more
down 360,000 accounts related to "promotion of terrorism" since
the middle of 2015, the company said in a blog post on Thursday.
Read more
UPDATE 1-T. Rowe Price sues Valeant over "fraudulent scheme"
Aug 18 (Reuters) - T. Rowe Price Group Inc has sued
Valeant Pharmaceuticals International Inc ,
alleging that investors in the Canadian drugmaker lost billions
of dollars as a result of the company's...
Read more
Valeant Pharmaceuticals International Inc ,
alleging that investors in the Canadian drugmaker lost billions
of dollars as a result of the company's...
Read more
U.S. sues Harley-Davidson for environmental violations
Aug 18 (Reuters) - The U.S. Justice Department has sued
Harley-Davidson Inc for allegedly violating
environmental laws, court filings showed on Thursday.
Read more
Harley-Davidson Inc for allegedly violating
environmental laws, court filings showed on Thursday.
Read more
Coke bottler to rethink South Africa spending plans due to sugar tax
JOHANNESBURG, Aug 18 (Reuters) - Africa's biggest Coke
bottler, Coca-Cola Beverages Africa, will rethink its spending
plans in South Africa if Pretoria's proposed tax on sugary
drinks gets the green...
Read more
bottler, Coca-Cola Beverages Africa, will rethink its spending
plans in South Africa if Pretoria's proposed tax on sugary
drinks gets the green...
Read more
BRIEF-Caterpillar reports retail statistics of machines for 3-month rolling period
* World dealer reported retail statistics of machines for
3-month rolling period ended July 2016 down 19 percent
Read more
3-month rolling period ended July 2016 down 19 percent
Read more
UPDATE 1-Volvo and Uber team up to develop self-driving cars
STOCKHOLM, Aug 18 (Reuters) - Volvo Car Group has agreed a
$300 million alliance with Uber to develop self-driving cars,
the latest move by traditional vehicle manufacturers to team up
with Silicon...
Read more
$300 million alliance with Uber to develop self-driving cars,
the latest move by traditional vehicle manufacturers to team up
with Silicon...
Read more
BRIEF-Chesapeake Energy- Director reports purchase of 50,000 common shares
* Director Thomas Ryan reports open market purchase of
50,000 shares of co's common stock at average price of $5.60 per
share on August 17
Source: (http://bit.ly/2b6xMiH)
Further company coverage:
Read more
50,000 shares of co's common stock at average price of $5.60 per
share on August 17
Source: (http://bit.ly/2b6xMiH)
Further company coverage:
Read more
PRESS DIGEST - Canada - Aug 18
Aug 18 (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
Volvo and Uber team up to develop self-driving cars
STOCKHOLM, Aug 18 (Reuters) - Volvo Car Group has agreed a
$300 million alliance with Uber to develop self-driving cars,
the latest move by traditional vehicle manufacturers to team up
with Silicon...
Read more
$300 million alliance with Uber to develop self-driving cars,
the latest move by traditional vehicle manufacturers to team up
with Silicon...
Read more
COLUMN-Copper - a tale of two South American producers: Andy Home
LONDON, Aug 18 (Reuters) - Copper is underperforming every
other major base metal so far this year.
Read more
other major base metal so far this year.
Read more
ICE says British watchdog's concerns about Trayport takeover not justified
Aug 18 (Reuters) - Financial and commodity markets operator
Intercontinental Exchange (ICE) said on Thursday that
British competition authorities' concerns about its $650 million
takeover of Trayport...
Read more
Intercontinental Exchange (ICE) said on Thursday that
British competition authorities' concerns about its $650 million
takeover of Trayport...
Read more
Indonesian government approves Newmont Nusa Tenggara deal - official
JAKARTA, Aug 18 (Reuters) - Indonesia's government has
approved an Indonesian investor group's bid to buy control of
Newmont Nusa Tenggara (NNT), which operates the country's
second-biggest copper...
Read more
approved an Indonesian investor group's bid to buy control of
Newmont Nusa Tenggara (NNT), which operates the country's
second-biggest copper...
Read more
Wednesday, August 17, 2016
UPDATE 1-ResMed seeks patent injunction on Fisher & Paykel Healthcare
WELLINGTON, Aug 18 (Reuters) - ResMed Inc said on
Thursday it has filed legal action to stop the alleged
infringement of its patented technology by New Zealand-based
medical device manufacturer...
Read more
Thursday it has filed legal action to stop the alleged
infringement of its patented technology by New Zealand-based
medical device manufacturer...
Read more
PRESS DIGEST- British Business - Aug 18
Aug 18 (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-VW's key plant hit by parts shortage in supplier row
* Kassel component plant also hit by supplies shortage
(Adds report saying Wolfsburg supplies only to last the week)
Read more
(Adds report saying Wolfsburg supplies only to last the week)
Read more
Brazil seizes $655 mln in assets from Odebrecht, OAS, executives
SAO PAULO, Aug 17 (Reuters) - Brazil's federal auditing
court TCU ordered on Wednesday the seizure of about 2.1 billion
reais ($655 million) worth of assets from engineering firms
Odebrecht SA and...
Read more
court TCU ordered on Wednesday the seizure of about 2.1 billion
reais ($655 million) worth of assets from engineering firms
Odebrecht SA and...
Read more
Ex-Insys employees plead not guilty in U.S. drug-kickback case
NEW YORK, Aug 17 (Reuters) - Two former Insys Therapeutics
Inc employees pleaded not guilty on Wednesday to
charges that they engaged in a scheme to pay doctors kickbacks
including speaker fees to...
Read more
Inc employees pleaded not guilty on Wednesday to
charges that they engaged in a scheme to pay doctors kickbacks
including speaker fees to...
Read more
U.S. senator expresses concern about ag tech mergers
WASHINGTON, Aug 17 (Reuters) - Two major mergers in
agricultural technology and seeds could hurt competition in the
industry and make it harder for smaller companies to compete,
Senator Charles...
Read more
agricultural technology and seeds could hurt competition in the
industry and make it harder for smaller companies to compete,
Senator Charles...
Read more
BRIEF-Quidel gets FDA clearance for Solana Trichomonas assay
* Quidel receives FDA clearance for its Solana Trichomonas
assay for diagnosis of trichomoniasis
Read more
assay for diagnosis of trichomoniasis
Read more
UPDATE 1-Tobacco companies get partial win in U.S. FDA labeling fight
NEW YORK, Aug 17 (Reuters) - Tobacco companies notched a
partial victory in a lawsuit challenging the U.S. Food and Drug
Administration's authority to require pre-clearance for tobacco
products with...
Read more
partial victory in a lawsuit challenging the U.S. Food and Drug
Administration's authority to require pre-clearance for tobacco
products with...
Read more
UPDATE 2-Monsanto gives Bayer limited access to its books -sources
* Bayer has no appetite to go hostile but talks difficult
-sources
(Adds Monsanto CEO comment)
Read more
-sources
(Adds Monsanto CEO comment)
Read more
BRIEF-Johnson & Johnson announces ruling related to Remicade
* Johnson & Johnson announces ruling related to Remicade in
the District of Massachusetts Federal Court hearing
Read more
the District of Massachusetts Federal Court hearing
Read more
UPDATE 2-Ex-Wall Street banker convicted for giving father insider tips
NEW YORK, Aug 17 (Reuters) - An ex-Wall Street investment
banker was convicted on Wednesday of engaging in insider trading
by tipping his father off to unannounced healthcare mergers, a
victory for...
Read more
banker was convicted on Wednesday of engaging in insider trading
by tipping his father off to unannounced healthcare mergers, a
victory for...
Read more
UPDATE 2-Aetna warned it would cut Obamacare if Humana deal was blocked
NEW YORK, Aug 17 (Reuters) - Aetna Inc warned in
July that it would exit much of the individual Obamacare health
insurance market if the government challenged its deal to buy
rival Humana Inc,...
Read more
July that it would exit much of the individual Obamacare health
insurance market if the government challenged its deal to buy
rival Humana Inc,...
Read more
CORRECTED-UPDATE 1-Canada's Performance Sports Group faces SEC investigation
Aug 17 (Reuters) - Canada's Performance Sports Group Ltd
said on Wednesday it was facing an
investigation by the U.S. securities regulator, two days after
the sports equipment maker said it was...
Read more
said on Wednesday it was facing an
investigation by the U.S. securities regulator, two days after
the sports equipment maker said it was...
Read more
UPDATE 2-Canada's Performance Sports Group faces SEC investigation
Aug 17 (Reuters) - Canada's Performance Sports Group Ltd
said on Wednesday it faced an investigation by
the U.S. Securities and Exchange Commission, two days after the
sports equipment maker said...
Read more
said on Wednesday it faced an investigation by
the U.S. Securities and Exchange Commission, two days after the
sports equipment maker said...
Read more
UPDATE 1-Canada's Performance Sports Group faces SEC investigation
Aug 17 (Reuters) - Canada's Performance Sports Group Ltd
said on Wednesday it was facing an
investigation by the U.S. securities regulator, two days after
the sports equipment maker said it was...
Read more
said on Wednesday it was facing an
investigation by the U.S. securities regulator, two days after
the sports equipment maker said it was...
Read more
BRIEF-Female Health and Aspen Park announce FDA clears pathway for expedited development of proprietary drug
* Female Health Company and Aspen Park Pharmaceuticals
announce FDA clears pathway for expedited development of
proprietary drug
Read more
announce FDA clears pathway for expedited development of
proprietary drug
Read more
BRIEF-Cancer Genetics receives New York state approval for Focus::Myeloid NGS-based panel
* Received New York state approval for its Focus::Myeloid
NGS-based panel for Myeloid malignancies
Source text for Eikon:
Further company coverage:
Read more
NGS-based panel for Myeloid malignancies
Source text for Eikon:
Further company coverage:
Read more
Russian court turns down appeal from Google in anti-monopoly case
MOSCOW, Aug 17 (Reuters) - A Russian court on Wednesday
turned down an appeal from Google in an anti-monopoly
case over pre-installed applications on mobile devices running
the Android operating...
Read more
turned down an appeal from Google in an anti-monopoly
case over pre-installed applications on mobile devices running
the Android operating...
Read more
PRESS DIGEST- Financial Times - Aug 17
Aug 17 (Reuters) - The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
China says cyber rules no cause for foreign business concern
BEIJING, Aug 17 (Reuters) - China's pending cyber security
law will not create obstacles for foreign business, China's
Foreign Ministry said, responding to concerns by international
business lobbies...
Read more
law will not create obstacles for foreign business, China's
Foreign Ministry said, responding to concerns by international
business lobbies...
Read more
Tuesday, August 16, 2016
UPDATE 2-U.S. charges Gabonese man for bribe scheme involving hedge fund
NEW YORK, Aug 16 (Reuters) - A Gabonese man who consulted
for a joint venture involving a U.S. hedge fund was arrested on
Tuesday on charges that he participated in a scheme to bribe
officials in...
Read more
for a joint venture involving a U.S. hedge fund was arrested on
Tuesday on charges that he participated in a scheme to bribe
officials in...
Read more
PRESS DIGEST- British Business - Aug 17
Aug 17 (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
Banks, Moelis-led bondholders discuss Brazil's Oi debt relief, source says
SAO PAULO, Aug 16 (Reuters) - Banks and bondholders
accounting for more than half the 65.4 billion reais ($20
billion) that Oi SA owes could propose a five-year grace period
and lower borrowing costs...
Read more
accounting for more than half the 65.4 billion reais ($20
billion) that Oi SA owes could propose a five-year grace period
and lower borrowing costs...
Read more
UPDATE 1-U.S. judge to order review of prison recordings after complaints
KANSAS CITY, Kan., Aug 16 (Reuters) - A federal judge in
Kansas agreed on Tuesday to order an independent investigation
into whether prosecutors violated attorney-client privilege by
obtaining video...
Read more
Kansas agreed on Tuesday to order an independent investigation
into whether prosecutors violated attorney-client privilege by
obtaining video...
Read more
U.S. coal regulator boosts campaign to fix 'outdated' cleanup rules
CHICAGO, Aug 16 (Reuters) - A leading U.S. coal regulator
announced plans on Tuesday to toughen what it called
"out-of-date" rules for guaranteeing mine cleanups.
Read more
announced plans on Tuesday to toughen what it called
"out-of-date" rules for guaranteeing mine cleanups.
Read more
UPDATE 2-U.S. SEC cracks down on severance agreements that deter whistleblowing
WASHINGTON, Aug 16 (Reuters) - For the second time in less
than a week, U.S. securities regulators on Tuesday filed civil
charges against a company for inserting language into its
severance...
Read more
than a week, U.S. securities regulators on Tuesday filed civil
charges against a company for inserting language into its
severance...
Read more
Ex-State Street executive waives extradition proceedings to face charges
Aug 16 (Reuters) - A former State Street Corp
executive has waived his right to UK extradition proceedings to
face U.S. charges that he participated in a scheme to defraud
six clients through secret...
Read more
executive has waived his right to UK extradition proceedings to
face U.S. charges that he participated in a scheme to defraud
six clients through secret...
Read more
U.S. consumer agency faces heat on financial arbitration rules
WASHINGTON, Aug 16 (Reuters) - A U.S. agency's plans to ban
forced arbitration clauses from financial contracts faces a
tough road, with early reaction pointing to a years-long battle
that could take...
Read more
forced arbitration clauses from financial contracts faces a
tough road, with early reaction pointing to a years-long battle
that could take...
Read more
UPDATE 1-U.S. senators quiz airlines on IT systems after Delta disruption
WASHINGTON, Aug 16 (Reuters) - Two U.S. senators on Tuesday
sent letters to 13 major airlines expressing concerns that their
information technology systems are vulnerable to outages that
can strand...
Read more
sent letters to 13 major airlines expressing concerns that their
information technology systems are vulnerable to outages that
can strand...
Read more
UPDATE 1-US regulators to unveil final rule on truck emissions limits-source
WASHINGTON, Aug 16 (Reuters) - U.S. regulators on Tuesday
will announce final regulations setting fuel efficiency
standards on medium- and heavy-duty trucks through 2027 that
will cut 1.1 billion...
Read more
will announce final regulations setting fuel efficiency
standards on medium- and heavy-duty trucks through 2027 that
will cut 1.1 billion...
Read more
US CFTC bars Steven Cohen from managing commodity hedge funds
WASHINGTON, Aug 16 (Reuters) - U.S. derivatives regulators
said on Tuesday they have barred billionaire SAC Capital
Advisors founder Steven A. Cohen from registering and managing
commodity hedge...
Read more
said on Tuesday they have barred billionaire SAC Capital
Advisors founder Steven A. Cohen from registering and managing
commodity hedge...
Read more
U.S. regulators to unveil final rule on truck emissions limits
WASHINGTON, Aug 16 (Reuters) - U.S. regulators on Tuesday
will announce final regulations setting fuel efficiency
standards on medium- and heavy-duty trucks through 2027 that
will cut 1.1 billion...
Read more
will announce final regulations setting fuel efficiency
standards on medium- and heavy-duty trucks through 2027 that
will cut 1.1 billion...
Read more
BRIEF-Arch Capital enters into bridge credit agreement with Credit Suisse AG, Cayman Islands branch, as administrative agent, initial lender
* Plans to use net proceeds from bridge credit to pay cash
consideration and fees of acquisition of AIG's
mortgage-insurance unit
Read more
consideration and fees of acquisition of AIG's
mortgage-insurance unit
Read more
BRIEF-Entergy files for potential senior notes offering; size not disclosed
* Files for potential senior notes offering; size not
disclosed - SEC filing
Source text (http://bit.ly/2aYvVhe)
Further company coverage:
Read more
disclosed - SEC filing
Source text (http://bit.ly/2aYvVhe)
Further company coverage:
Read more
BRIEF-Rand Logistics Inc files for non-timely 10-Q
* Do not expect to revise any of operating results announced
on august 16, 2016
Source text : http://bit.ly/2bk3Z9I
Further company coverage:
Read more
on august 16, 2016
Source text : http://bit.ly/2bk3Z9I
Further company coverage:
Read more
UK watchdog says may revoke ICE's $650 mln Trayport takeover
LONDON, Aug 16 (Reuters) - Financial and commodity markets
operator Intercontinental Exchange should consider
reversing its $650 million takeover of commodities trading
software house Trayport to...
Read more
operator Intercontinental Exchange should consider
reversing its $650 million takeover of commodities trading
software house Trayport to...
Read more
REFILE-EU mergers and takeovers (Aug 16)
BRUSSELS, Aug 16 (Reuters) - The following are mergers under
review by the European Commission and a brief guide to the EU
merger process:
Read more
review by the European Commission and a brief guide to the EU
merger process:
Read more
In a shift, Bangladesh Bank says no plans to sue Fed, SWIFT
DHAKA/NEW YORK, Aug 16 (Reuters) - Bangladesh's central bank
said it has reversed its plans to sue the Federal Reserve Bank
of New York and the SWIFT money transfer network, and instead
intends to...
Read more
said it has reversed its plans to sue the Federal Reserve Bank
of New York and the SWIFT money transfer network, and instead
intends to...
Read more
Brexit, seasonal factors increased demand for FX in July - China FX regulator
BEIJING, Aug 16 (Reuters) - The impact of Brexit and
seasonal factors increased demand for foreign exchange in July,
China's forex regulator said on Tuesday.
Read more
seasonal factors increased demand for foreign exchange in July,
China's forex regulator said on Tuesday.
Read more
Russia to decide in autumn whether to top up sovereign Eurobond issue - FinMin
MOSCOW, Aug 16 (Reuters) - Russia's Finance Ministry will
decide in autumn whether to top up sovereign Eurobond issue,
Konstantin Vyshkovsky, head of the ministry's debt department,
told Reuters.
Read more
decide in autumn whether to top up sovereign Eurobond issue,
Konstantin Vyshkovsky, head of the ministry's debt department,
told Reuters.
Read more
UPDATE 1-Aetna pulls back on Obamacare health insurance plans in 2017
NEW YORK, Aug 15 (Reuters) - Aetna Inc, the No. 3
U.S. health insurer, on Monday said that due to persistent
financial losses on Obamacare plans, it will sell individual
insurance on the...
Read more
U.S. health insurer, on Monday said that due to persistent
financial losses on Obamacare plans, it will sell individual
insurance on the...
Read more
Monday, August 15, 2016
UPDATE 2-Praxair in talks to acquire Linde- source
Aug 15 (Reuters) - U.S. industrial gas supplier Praxair Inc
is in early-stage talks to acquire German peer Linde AG
and create the biggest company in their sector with a
market value of more than...
Read more
is in early-stage talks to acquire German peer Linde AG
and create the biggest company in their sector with a
market value of more than...
Read more
BRIEF-Jura Energy announces settlement of disputes with Petroleum Exploration Ltd
* Recognized provision for loss on settlement amounting to $
7.6 million in its financial statements for qtrly and six months
ended june 30, 2016
Read more
7.6 million in its financial statements for qtrly and six months
ended june 30, 2016
Read more
UPDATE 1-VW, U.S. Justice Dept discuss settling criminal probe -sources
WASHINGTON, Aug 15 (Reuters) - Volkswagen AG and
the U.S. Justice Department have held preliminary settlement
talks about resolving a criminal probe into the automaker's
diesel emissions scandal, two...
Read more
the U.S. Justice Department have held preliminary settlement
talks about resolving a criminal probe into the automaker's
diesel emissions scandal, two...
Read more
BRIEF-Aratana Therapeutics granted FDA approval of Nocita
* Aratana Therapeutics granted FDA approval of Nocita
(bupivacaine liposome injectable suspension)
Read more
(bupivacaine liposome injectable suspension)
Read more
UPDATE 1-U.S. lawsuit says United denied benefits to pilot on active duty
Aug 15 (Reuters) - United Airlines Inc was accused in a U.S.
government lawsuit on Monday of wrongly denying employment
benefits to a pilot who was called to active duty by the U.S.
Air Force, where...
Read more
government lawsuit on Monday of wrongly denying employment
benefits to a pilot who was called to active duty by the U.S.
Air Force, where...
Read more
BRIEF-China Commercial Credit files for non-timely 10-Q
* Requires additional time to work with auditors and legal
counsel to prepare and finalize form 10-q
Read more
counsel to prepare and finalize form 10-q
Read more
MONEY MARKETS-U.S. dollar funding pressure eases a tad
NEW YORK, Aug 15 (Reuters) - The scramble among banks for
U.S. dollars cooled a bit on Monday as a closely watched gauge
on what they charge each other to borrow greenbacks for three
months posted...
Read more
U.S. dollars cooled a bit on Monday as a closely watched gauge
on what they charge each other to borrow greenbacks for three
months posted...
Read more
BRIEF-American Lorain files for non-timely 10-Q
* Says anticipates filing its form 10-Q on or before the
fifth calendar day following the prescribed due date
Read more
fifth calendar day following the prescribed due date
Read more
BRIEF-EDWARDS INTUITY Elite Rapid Deployment Valve receives FDA approval
* Edwards INTUITY Elite Rapid Deployment Valve receives FDA
approval
Source text for Eikon:
Further company coverage:
Read more
approval
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Bancorpsouth says FDIC expects to begin next CRA evaluation later this year
* FDIC expects to begin its next CRA evaluation of bank
later this year and to complete that evaluation during q1 of
2017
Read more
later this year and to complete that evaluation during q1 of
2017
Read more
BRIEF-Aveo initiates evaluation of Tivozanib in combination with Bristol-Myers Squibb's opdivo in advanced renal cell carcinoma
* Initiates Evaluation Of Tivozanib In Combination With
Bristol Myers Squibb's Opdivo (nivolumab) in advanced renal
cell carcinoma
Read more
Bristol Myers Squibb's Opdivo (nivolumab) in advanced renal
cell carcinoma
Read more
EU mergers and takeovers (Aug 15)
BRUSSELS, Aug 15 (Reuters) - The following are mergers under
review by the European Commission and a brief guide to the EU
merger process:
Read more
review by the European Commission and a brief guide to the EU
merger process:
Read more
Sunday, August 14, 2016
PRESS DIGEST- British Business - Aug 15
The following are the top stories on the business pages of
British newspapers. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
British newspapers. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
RPT-Dissolved and dormant firms in EuroFX mystery
LONDON, Aug 12 (Reuters) - UK companies that have been
dissolved or are dormant face minimal disclosure requirements
and often have a pre-existing bank account. This can be used to
run cash through...
Read more
dissolved or are dormant face minimal disclosure requirements
and often have a pre-existing bank account. This can be used to
run cash through...
Read more
RPT-HK analyst eviction fuels fears that negative research being muffled
HONG KONG, Aug 14 (Reuters) - The ejection of an analyst
from a company briefing in Hong Kong last week has laid bare the
pressure on negative research in the Asian financial hub,
fuelling concern...
Read more
from a company briefing in Hong Kong last week has laid bare the
pressure on negative research in the Asian financial hub,
fuelling concern...
Read more
HK analyst eviction fuels fears that negative research being muffled
HONG KONG, Aug 14 (Reuters) - The ejection of an analyst
from a company briefing in Hong Kong last week has laid bare the
pressure on negative research in the Asian financial hub,
fuelling concern...
Read more
from a company briefing in Hong Kong last week has laid bare the
pressure on negative research in the Asian financial hub,
fuelling concern...
Read more
RPT-SPECIAL REPORT-How British firms built a pyramid scheme in China that lost millions
SHANGHAI, China, Aug 12 (Reuters) - As David Byrne ate
breakfast at the Tongli Lakeview Hotel outside Shanghai one
Sunday in April, an angry customer was waiting for him.
Read more
breakfast at the Tongli Lakeview Hotel outside Shanghai one
Sunday in April, an angry customer was waiting for him.
Read more
Saturday, August 13, 2016
BRIEF-Sunedison Inc files for non-timely 10-Q
* Complexity of completing the form 10-K, the Q1 form 10-Q
and the form 10-Q has increased substantially compared to the
prior periods
Read more
and the form 10-Q has increased substantially compared to the
prior periods
Read more
Friday, August 12, 2016
Trial on Anthem's bid to buy Cigna to begin on Nov. 21 - judge
WASHINGTON, Aug 12 (Reuters) - The judge overseeing the U.S.
Justice Department's bid to stop big health insurer Anthem
from merging with competitor Cigna said on
Friday that the trial would start...
Read more
Justice Department's bid to stop big health insurer Anthem
from merging with competitor Cigna said on
Friday that the trial would start...
Read more
UPDATE 1-U.S. judge in Anthem merger trial sets trial for Nov. 21, plans ruling by late Jan. 2017
WASHINGTON, Aug 12 (Reuters) - The judge overseeing the U.S.
Justice Department's bid to stop health insurer Anthem
from merging with competitor Cigna said on Friday her
goal was to have a ruling by...
Read more
Justice Department's bid to stop health insurer Anthem
from merging with competitor Cigna said on Friday her
goal was to have a ruling by...
Read more
WRAPUP 1-Brazil state banks assume bullish tone as recovery hopes take hold
SAO PAULO, Aug 12 (Reuters) - Brazil's state-controlled
banks, which have seen defaults and loan-loss provisions outpace
those of rivals this year, are more confident than their
private-sector...
Read more
banks, which have seen defaults and loan-loss provisions outpace
those of rivals this year, are more confident than their
private-sector...
Read more
California lawmaker to float zero emission vehicle bill
SAN FRANCISCO, Aug 12 (Reuters) - A California lawmaker next
week will introduce a bill requiring 15 percent of all vehicles
sold in California be emissions-free by 2025, a spokesperson
said on...
Read more
week will introduce a bill requiring 15 percent of all vehicles
sold in California be emissions-free by 2025, a spokesperson
said on...
Read more
BRIEF-Sevcon files for common stock offering of up to 1.7 mln shares
* Files for common stock offering of up to 1.7 million
shares by certain selling stockholders - sec filing
Read more
shares by certain selling stockholders - sec filing
Read more
Fourth worker in a year dies at Virginia Goodyear plant
Aug 12 (Reuters) - A worker died at a Goodyear Tire and
Rubber plant at Danville, Virginia, on Friday, the fourth
fatality in a year at the site, state officials said.
Read more
Rubber plant at Danville, Virginia, on Friday, the fourth
fatality in a year at the site, state officials said.
Read more
SunEdison shareholders denied official role in bankruptcy
NEW YORK, Aug 12 (Reuters) - A U.S. judge denied a request
by shareholders of SunEdison Inc for an official
committee to represent them in the bankruptcy of the U.S.
renewable power plant developer,...
Read more
by shareholders of SunEdison Inc for an official
committee to represent them in the bankruptcy of the U.S.
renewable power plant developer,...
Read more
U.S. judge in Anthem merger trial plans ruling by late January
WASHINGTON, Aug 12 (Reuters) - The judge overseeing the U.S.
Justice Department's bid to stop big health insurer Anthem
from merging with competitor Cigna said on
Friday her goal was to have a...
Read more
Justice Department's bid to stop big health insurer Anthem
from merging with competitor Cigna said on
Friday her goal was to have a...
Read more
EU mergers and takeovers (Aug 12)
BRUSSELS, Aug 12 (Reuters) - The following are mergers under
review by the European Commission and a brief guide to the EU
merger process:
Read more
review by the European Commission and a brief guide to the EU
merger process:
Read more
BRIEF-Orezone receives mining permit for Bombore
* Council of ministers of Burkina Faso Government has
approved mining permit application submitted by company's local
subsidiary
Read more
approved mining permit application submitted by company's local
subsidiary
Read more
Thursday, August 11, 2016
UPDATE 1-S.Korea says investigating whether Google broke antitrust laws
* Google cleared of S.Korea anticompetition charges in 2013
(Adds past S.Korea probe into Google, background)
Read more
(Adds past S.Korea probe into Google, background)
Read more
S.Korea says investigating whether Google broke antitrust laws
SEOUL, Aug 12 (Reuters) - South Korea's antitrust regulator
said on Friday it is looking into whether Google has violated
the country's anticompetition laws, marking the body's first
acknowledgement...
Read more
said on Friday it is looking into whether Google has violated
the country's anticompetition laws, marking the body's first
acknowledgement...
Read more
PRESS DIGEST- Financial Times - Aug 12
Aug 12 (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
Gilead to get attorney fees in hepatitis C patent fight with Merck
Aug 11 (Reuters) - Gilead Sciences Inc is entitled
to receive the attorney fees it incurred related to hepatitis C
patent litigation with drugmaker Merck & Co Inc, a U.S.
district judge has ruled.
Read more
to receive the attorney fees it incurred related to hepatitis C
patent litigation with drugmaker Merck & Co Inc, a U.S.
district judge has ruled.
Read more
UPDATE 1-U.S. charges San Francisco hedge fund manager with fraud
NEW YORK, Aug 11 (Reuters) - Federal prosecutors on Thursday
announced criminal fraud charges against a San Francisco hedge
fund manager who allegedly schemed to raise money by falsely
boasting of...
Read more
announced criminal fraud charges against a San Francisco hedge
fund manager who allegedly schemed to raise money by falsely
boasting of...
Read more
AstraZeneca wins UK cost approval for longer use of heart drug
LONDON, Aug 12 (Reuters) - Long term use of AstraZeneca's
blood thinner Brilinta has been recommended as a
cost-effective option for treating patients after a heart
attack, Britain's healthcare...
Read more
blood thinner Brilinta has been recommended as a
cost-effective option for treating patients after a heart
attack, Britain's healthcare...
Read more
More AT1 bonds expected after strong showing by RBS, StanChart
NEW YORK, Aug 11 (IFR) - Issuance of risky Additional Tier 1
capital could be set for a revival after Royal Bank of Scotland
and Standard Chartered printed large dollar deals that rallied
in...
Read more
capital could be set for a revival after Royal Bank of Scotland
and Standard Chartered printed large dollar deals that rallied
in...
Read more
BRIEF-Anavex reports Q3 loss per share $0.06
* SEC staff recently advised company's legal counsel that
staff did not intend to recommend enforcement action by
commission
Read more
staff did not intend to recommend enforcement action by
commission
Read more
UPDATE 1-Wells Fargo Advisors names David Kowach new head
NEW YORK, Aug 11 (Reuters) - Wells Fargo & Company
named David Kowach to head its retail wealth management
division, Wells Fargo Advisors, the nation's third-largest
brokerage, on Thursday.
Read more
named David Kowach to head its retail wealth management
division, Wells Fargo Advisors, the nation's third-largest
brokerage, on Thursday.
Read more
UPDATE 1-Fidelity seeks U.S. approval for new type of ETF -filing
Aug 11 (Reuters) - Fidelity Investments is seeking U.S.
approval to offer a new type of actively managed exchange-traded
fund, a regulatory filing on Thursday showed, as the fund
company seeks to...
Read more
approval to offer a new type of actively managed exchange-traded
fund, a regulatory filing on Thursday showed, as the fund
company seeks to...
Read more
Panera challenges U.S. restaurants to come "clean" on kids menus
LOS ANGELES, Aug 11 (Reuters) - Panera Bread Co is
launching a "clean" kids menu, the restaurant chain said on
Thursday, and it challenged rivals like McDonald's Corp
to stop luring children with...
Read more
launching a "clean" kids menu, the restaurant chain said on
Thursday, and it challenged rivals like McDonald's Corp
to stop luring children with...
Read more
UPDATE 2-U.S. agency denies petition to reclassify marijuana
WASHINGTON/NEW YORK, Aug 11 (Reuters) - The U.S. Drug
Enforcement Administration on Thursday denied requests to stop
classifying marijuana as a dangerous drug with no medical use,
leaving users and...
Read more
Enforcement Administration on Thursday denied requests to stop
classifying marijuana as a dangerous drug with no medical use,
leaving users and...
Read more
EU mergers and takeovers (Aug 11)
BRUSSELS, Aug 11 (Reuters) - The following are mergers under
review by the European Commission and a brief guide to the EU
merger process:
Read more
review by the European Commission and a brief guide to the EU
merger process:
Read more
UPDATE 2-Volkswagen plaintiffs' lawyers to seek up to $332.5 mln in fees, costs
NEW YORK, Aug 11 (Reuters) - Plaintiffs' lawyers will seek
up to $332.5 million in fees and costs for their work in a $10
billion settlement over claims Volkswagen AG outfitted vehicles
with software...
Read more
up to $332.5 million in fees and costs for their work in a $10
billion settlement over claims Volkswagen AG outfitted vehicles
with software...
Read more
UPDATE 1-Israel's Bank Hapoalim Q2 profit up as U.S. tax probe lingers
* Shares lagging its rival as U.S. tax investigation weighs
(Adds details, analyst comment, share reaction)
Read more
(Adds details, analyst comment, share reaction)
Read more
UPDATE 1-Carlyle, founder raise $394 mln in partial exit from Brazil's CVC
SAO PAULO, Aug 11 (Reuters) - Carlyle Group LP and Brazilian
investor Guilherme Paulus raised a combined 1.230 billion reais
($394 million) from the partial sale of their stakes in
Brazilian travel...
Read more
investor Guilherme Paulus raised a combined 1.230 billion reais
($394 million) from the partial sale of their stakes in
Brazilian travel...
Read more
BSE head sees tighter algo trading rules as boon for markets
MUMBAI, Aug 11 (Reuters) - Proposals by India's main capital
markets regulator to tighten rules on algorithmic trading could
help boost confidence in markets and won't hurt the country's
second...
Read more
markets regulator to tighten rules on algorithmic trading could
help boost confidence in markets and won't hurt the country's
second...
Read more
Egypt reaches preliminary deal with IMF - govt sources
CAIRO, Aug 11 (Reuters) - Egypt has reached a preliminary
agreement with the International Monetary Fund after nearly two
weeks of talks to secure a $12 billion lending programme and
will make an...
Read more
agreement with the International Monetary Fund after nearly two
weeks of talks to secure a $12 billion lending programme and
will make an...
Read more
Wednesday, August 10, 2016
PRESS DIGEST - Wall Street Journal - Aug 11
Aug 11 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
PRESS DIGEST- New York Times business news - Aug 11
Aug 11 (Reuters) - The following are the top stories on the
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
UPDATE 1-Brazil's lower house waters down states' austerity measures
BRASILIA, Aug 10 (Reuters) - Brazil's lower house of
Congress on Wednesday approved a watered-down version of a bill
that imposed spending limits on cash-strapped states in exchange
for hefty debt...
Read more
Congress on Wednesday approved a watered-down version of a bill
that imposed spending limits on cash-strapped states in exchange
for hefty debt...
Read more
UPDATE 1-U.S. FCC votes to keep most media ownership rules
WASHINGTON, Aug 10 (Reuters) - The U.S. Federal
Communications Commission on Wednesday voted to retain nearly
all rules limiting cross-ownership of newspapers, radio and TV
stations in the same...
Read more
Communications Commission on Wednesday voted to retain nearly
all rules limiting cross-ownership of newspapers, radio and TV
stations in the same...
Read more
Peru detects fresh oil spill from decades-old Amazon pipeline
LIMA, Aug 10 (Reuters) - A fresh oil spill in the Peruvian
Amazon was detected from the country's four-decades-old pipeline
on Thursday, operator Petroperu said, bringing the
number of leaks this...
Read more
Amazon was detected from the country's four-decades-old pipeline
on Thursday, operator Petroperu said, bringing the
number of leaks this...
Read more
U.S. FCC votes to keep most media ownership rules
Aug 10 (Reuters) - The U.S. Federal Communications
Commission on Wednesday voted to retain nearly all rules
limiting cross ownership of newspapers, radio and TV stations in
the same market, a source...
Read more
Commission on Wednesday voted to retain nearly all rules
limiting cross ownership of newspapers, radio and TV stations in
the same market, a source...
Read more
U.S. prime money funds shorten up as new regulations loom
BOSTON, Aug 10 (Reuters) - A measure of securities turnover
in U.S. prime money market funds sank to a level not seen in at
least 25 years, a tracking firm said on Wednesday, as clients
yank out cash...
Read more
in U.S. prime money market funds sank to a level not seen in at
least 25 years, a tracking firm said on Wednesday, as clients
yank out cash...
Read more
SunEdison's "yieldcos" delay filing quarterly reports
Aug 10 (Reuters) - TerraForm Power Inc and
TerraForm Global Inc, the "yieldcos" of bankrupt solar
company SunEdison Inc, said they would delay filing
their second-quarter earnings reports.
Read more
TerraForm Global Inc, the "yieldcos" of bankrupt solar
company SunEdison Inc, said they would delay filing
their second-quarter earnings reports.
Read more
Brazil's Oi to unveil reorganization plan by early Sept
RIO DE JANEIRO, Aug 10 (Reuters) - Phone carrier Oi SA,
which filed in June for Brazil's largest ever in-court
reorganization, will present a plan to overhaul business and
repay creditors later this...
Read more
which filed in June for Brazil's largest ever in-court
reorganization, will present a plan to overhaul business and
repay creditors later this...
Read more
Refiners on track to spend record on U.S. clean fuel standards
NEW YORK, Aug 10 (Reuters) - Major refiners like Valero
Energy Corp are on track to pay record amounts this year
for credits to comply with U.S. renewable fuel rules, corporate
filings show, a trend...
Read more
Energy Corp are on track to pay record amounts this year
for credits to comply with U.S. renewable fuel rules, corporate
filings show, a trend...
Read more
U.S. court upholds state laws limiting municipal broadband
WASHINGTON, Aug 10 (Reuters) - A federal appeals court said
on Wednesday the U.S. Federal Communications Commission could
not block two states from setting limits on municipal broadband
expansion.
Read more
on Wednesday the U.S. Federal Communications Commission could
not block two states from setting limits on municipal broadband
expansion.
Read more
UPDATE 1-Caledonia Investments to pay $480,000 to settle US antitrust charges
WASHINGTON, Aug 10 (Reuters) - Caledonia Investments PLC
has agreed to pay $480,000 to resolve charges that it
failed to report to antitrust enforcers share purchases that it
made in 2014, the...
Read more
has agreed to pay $480,000 to resolve charges that it
failed to report to antitrust enforcers share purchases that it
made in 2014, the...
Read more
UPDATE 1-N.Y. investment adviser, lawyer indicted for insider trading
NEW YORK, Aug 10 (Reuters) - A Long Island investment
adviser and a former partner at a major law firm have been
indicted on charges that they engaged in insider trading ahead
of Pfizer Inc's...
Read more
adviser and a former partner at a major law firm have been
indicted on charges that they engaged in insider trading ahead
of Pfizer Inc's...
Read more
Banks step up pressure on regulators finalising global rules
LONDON, Aug 10 (Reuters) - New rules need to be better
tested by regulators for any impact on lending and markets, a
banking lobby said ahead of a meeting next month to finalise the
latest wave of...
Read more
tested by regulators for any impact on lending and markets, a
banking lobby said ahead of a meeting next month to finalise the
latest wave of...
Read more
UPDATE 1-Consumer groups press Yum's KFC to tighten antibiotic rules
LOS ANGELES, Aug 10 (Reuters) - Consumer groups will deliver
a petition from more than 350,000 people to the KFC restaurant
chain on Wednesday, calling on the Yum Brands Inc unit
to stop the routine...
Read more
a petition from more than 350,000 people to the KFC restaurant
chain on Wednesday, calling on the Yum Brands Inc unit
to stop the routine...
Read more
UPDATE 2-Lilly breast cancer drug stumbles, but trial continues
Aug 10 (Reuters) - U.S. drugmaker Eli Lilly and Co
on Wednesday said it would continue a late-stage trial of its
experimental breast cancer drug in combination with a widely
used treatment even...
Read more
on Wednesday said it would continue a late-stage trial of its
experimental breast cancer drug in combination with a widely
used treatment even...
Read more
BRIEF-Lam Research, KLA-Tencor provides update on their planned business combination
* Parties continue to discuss their proposed merger with
staff of department of justice and with competition authorities
in Korea, Japan and China
Read more
staff of department of justice and with competition authorities
in Korea, Japan and China
Read more
BRIEF-U.S. Department of Labor notified Flowers Foods of a scheduled compliance review
* U.S. Department of Labor notified Co that it has been
scheduled for a compliance review under Fair Labor Standards
Act.
Read more
scheduled for a compliance review under Fair Labor Standards
Act.
Read more
Egypt closes 48 forex bureaus in black market crackdown, sources say
CAIRO, Aug 10 (Reuters) - Egypt's central bank has closed 48
foreign exchange bureaus since the start of the year for trading
at black market rates and other violations, banking sources said
on...
Read more
foreign exchange bureaus since the start of the year for trading
at black market rates and other violations, banking sources said
on...
Read more
INSIGHT-Money laundering rule on prepaid cards stalled after industry pushback
NEW YORK/ST. LOUIS, AUGUST 10 (Reuters) - In 2011, amid a
crackdown on international money laundering, the U.S. Treasury
Department tried to close a loophole that authorities said
allows drug cartels...
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crackdown on international money laundering, the U.S. Treasury
Department tried to close a loophole that authorities said
allows drug cartels...
Read more
'Self-driving' in spotlight again as China sees first Tesla autopilot crash
BEIJING, Aug 10 (Reuters) - Tesla said on Wednesday
that one of its cars had crashed in Beijing while in 'autopilot'
mode, with the driver contending sales staff sold the function
as 'self-driving',...
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that one of its cars had crashed in Beijing while in 'autopilot'
mode, with the driver contending sales staff sold the function
as 'self-driving',...
Read more
INSIGHT-Money laundering rule on prepaid cards stalled after industry pushback
NEW YORK/ST. LOUIS, AUGUST 10 (Reuters) - In 2011, amid a
crackdown on international money laundering, the U.S. Treasury
Department tried to close a loophole that authorities said
allows drug cartels...
Read more
crackdown on international money laundering, the U.S. Treasury
Department tried to close a loophole that authorities said
allows drug cartels...
Read more
Tuesday, August 9, 2016
Valeant offers to increase lender interest payments in exchange for amendment
NEW YORK, Aug 10 (RLPC) - Valeant Pharmaceuticals
International is offering to pay lenders a higher
interest rate in order to obtain an amendment to its debt
agreement that would loosen one of its...
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International is offering to pay lenders a higher
interest rate in order to obtain an amendment to its debt
agreement that would loosen one of its...
Read more
Consumer groups press Yum's KFC to tighten antibiotic rules
LOS ANGELES, Aug 10 (Reuters) - Consumer groups on Wednesday
will deliver a petition from more than 350,000 people to the KFC
fried chicken chain, calling on the Yum Brands Inc unit
to stop the...
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will deliver a petition from more than 350,000 people to the KFC
fried chicken chain, calling on the Yum Brands Inc unit
to stop the...
Read more
BRIEF-Daily Journal says management believes that internal controls over financial reporting is effective
* Management believes that its internal controls over
financial reporting is effective- SEC filing
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financial reporting is effective- SEC filing
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TIMELINE-How Indian PM Modi pulled off his biggest reform yet
NEW DELHI, Aug 10 (Reuters) - By abandoning confrontation
and seeking consensus, Indian Prime Minister Narendra Modi has
pulled off his biggest reform yet, securing the unanimous
support of both...
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and seeking consensus, Indian Prime Minister Narendra Modi has
pulled off his biggest reform yet, securing the unanimous
support of both...
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First isolate, then negotiate: How India's GST deal was done
NEW DELHI, Aug 10 (Reuters) - It took him more than two
years, but Indian Prime Minister Narendra Modi has finally
discovered the art of the deal.
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years, but Indian Prime Minister Narendra Modi has finally
discovered the art of the deal.
Read more
BRIEF-Ball Corp files for non-timely 10-Q
* In connection with rexam deal,divestiture, co needs
additional time to complete certain disclosures,analyses to be
included in form 10-Q
Source text (http://bit.ly/2aJBBeA)
Further company...
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additional time to complete certain disclosures,analyses to be
included in form 10-Q
Source text (http://bit.ly/2aJBBeA)
Further company...
Read more
LPC: Valeant loans rise after CEO says company to seek debt amendment
NEW YORK, Aug 9 (Reuters) - Valeant Pharmaceuticals
International's loans traded up Tuesday after the
company's chief executive officer said it would seek to modify
covenants on its $31 billion of...
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International's loans traded up Tuesday after the
company's chief executive officer said it would seek to modify
covenants on its $31 billion of...
Read more
UPDATE 1-Hitachi Automotive to pay $55.48 mln fine for role in U.S. price-fixing
WASHINGTON, Aug 9 (Reuters) - Hitachi Automotive Systems Ltd
agreed to plead guilty to fixing the price of shock
absorbers installed in U.S. autos and to pay a criminal fine of
$55.48 million, the...
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agreed to plead guilty to fixing the price of shock
absorbers installed in U.S. autos and to pay a criminal fine of
$55.48 million, the...
Read more
Cargill stops using human antibiotic to prevent disease in turkeys
CHICAGO, Aug 9 (Reuters) - U.S. meat processor Cargill Inc
has stopped using an important antibiotic for people
to prevent disease in turkeys, the company said on Tuesday, the
latest food maker to...
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has stopped using an important antibiotic for people
to prevent disease in turkeys, the company said on Tuesday, the
latest food maker to...
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BRIEF-Cargill Inc says will again reduce antibiotic use in its turkey business
* Says turkey products covered by this decision will be
available in marketplace by Jan. 1, 2017
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available in marketplace by Jan. 1, 2017
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Egypt sets jail as punishment for black market forex trading
CAIRO, Aug 9 (Reuters) - Egypt's parliament on Tuesday set
prison sentences to up three years and fines to up to 5 million
pounds ($563,000) for traders selling foreign currency on the
black market.
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prison sentences to up three years and fines to up to 5 million
pounds ($563,000) for traders selling foreign currency on the
black market.
Read more
BRIEF-pSivida says primary endpoint met in utilization study of new Medidur inserter with smaller diameter needle
* Psivida corp says primary endpoint met in psivida's
utilization study of new medidur inserter with smaller diameter
needle
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utilization study of new medidur inserter with smaller diameter
needle
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BRIEF-Viex Capital Advisors reports 6.7 pct stake in Immersion
* Viex Capital Advisors Llc reports 6.7 pct stake in
Immersion Corp as of August 5 vs 5.7 pct stake as of June 24 -
SEC filing
Source text: (http://bit.ly/2aCIVWz)
Further company coverage:
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Immersion Corp as of August 5 vs 5.7 pct stake as of June 24 -
SEC filing
Source text: (http://bit.ly/2aCIVWz)
Further company coverage:
Read more
BRIEF-Kennedy-Wilson Holdings files for senior notes offering of up to $200 mln
* Files for senior notes offering of up to $200 million -
SEC filing
Source text for Eikon:
Further company coverage:
Read more
SEC filing
Source text for Eikon:
Further company coverage:
Read more
BRIEF-General Dynamics files for potential notes offering
* Files for potential notes offering; size not disclosed -
SEC filing
Source text for Eikon:
Further company coverage:
Read more
SEC filing
Source text for Eikon:
Further company coverage:
Read more
Indonesian ministry recommends copper export permit for Freeport - official
JAKARTA, Aug 9 (Reuters) - Indonesia's mines ministry has
issued a letter of recommendation for Freeport McMoran Inc
Indonesian unit to get a permit to export 1.4 million
tonnes of copper...
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issued a letter of recommendation for Freeport McMoran Inc
Indonesian unit to get a permit to export 1.4 million
tonnes of copper...
Read more
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