QBE INSURANCE WARNS 1H RESULTS WON'T MEET EXPECTATIONS
QBE Insurance Group Ltd. warned its half-year results will fall
short of analysts' expectations, with earnings tumbling about 18%
from a year ago after a jump in claims in Argentina. (published
0041 GMT)
OIL-SANDS PROJECT IS MIRED BY PROBE
A Chinese government anticorruption investigation that already
has swept aside dozens of officials is now stretching into Canada.
A shake-up has hit state-run China National Petroleum Corp.'s
Canadian operations and a billion-dollar oil-sands project is now
in limbo. (published 0001 GMT)
NISSAN REPORTS HEFTY PROFIT RISE
Nissan Motor Co. said Monday that sales gains in North America,
China and Europe offset weakness in Japan and some emerging
markets, pushing fiscal first-quarter net profit up 37%. (published
1132 GMT Monday)
BATTLE FOR POOR SHOPPERS FUELS $8.5 BILLION DOLLAR-STORE DEAL -- 8TH UPDATE
The battle for America's poorest consumers intensified Monday
with Dollar Tree Inc.'s agreement to buy rival Family Dollar Stores
Inc. for about $8.5 billion. (published 2335 GMT Monday)
REYNOLDS GROUP BEGINS STRATEGIC REVIEW THAT MAY INCLUDE SALE OF UNITS
Packaging conglomerate Reynolds Group Holdings Ltd. is
undertaking a strategic review that may include the sale of three
of its units, the company said in a filing Monday. (published 2142
GMT Monday)
EVOLUTION MINING SEES GOLD OUTPUT STEADY THIS FISCAL YEAR
Gold producer Evolution Mining Ltd. said it expected to keep
output steady in the current fiscal year, helped in part by its
decision to call off talks to sell its high-cost Edna May mine in
Western Australia state. (published 2256 GMT Monday)
IN ZILLOW-TRULIA DEAL, MAKING ROOM FOR BROKERS
Zillow Inc. and Trulia Inc., the two online real-estate giants
that announced plans to merge Monday, have a message for
real-estate agents that have grown increasingly concerned about
their market clout: We're partners, not competitors. (published
2354 GMT Monday)
FORD'S NEW PICKUPS TO HAVE HIGHER PRICE TAGS THAN OUTGOING MODELS
Ford Motor Co.'s new collection of aluminum pickups will come
with a higher price tag than outgoing models when they hit the
market in the fourth quarter, but buyers will be able to get some
versions of the new full-size trucks at lower base prices than the
comparable General Motors Co. models. (published 2354 GMT
Monday)