GOOGLE REPORTS DISAPPOINTING REVENUE--3RD UPDATE
The rising dollar claimed another victim as Google Inc.'s
revenue grew slower than expected. (published 2339 GMT
Thursday)
AMAZON'S PROFIT DROPS LESS THAN EXPECTED -- 4TH UPDATE
Is Amazon.com Inc. finally getting serious about profits?
(published 2358 GMT Thursday)
VISA REPORTS RISE IN QUARTERLY PROFIT -- 2ND UPDATE
Visa Inc. reported quarterly earnings that topped Wall Street
expectations as the company posted growth in payment volume and
announced a four-for-one stock split. (published 2347 GMT
Thursday)
BLACKSTONE'S RESULTS EXCEED EXPECTATIONS -- 2D UPDATE
Blackstone Group LP, the world's largest private-equity firm,
beat Wall Street's fourth-quarter earnings expectations, notching
several full-year records for profitability and size that further
distanced the New York firm from its closest competitors.
(published 2244 GMT Thursday)
FCC RAISES $44.9 BILLION IN U.S. WIRELESS SPECTRUM SALE -- 2ND UPDATE
The Federal Communications Commission's biggest ever auction of
wireless spectrum closed Thursday and drew a record $44.9 billion
in bids, a boon for taxpayers and a sign of the growing cost of
supporting Americans' smartphone habit. (published 2344 GMT
Thursday)
CANADIAN OIL SANDS TO FURTHER SLASH DIVIDEND AND SPENDING -- UPDATE
Canadian Oil Sands Ltd. said Thursday it would further slash its
dividend and capital spending budget in response to the sharp drop
in oil prices and a rising debt load. (published 0025 GMT)
POTASH CORP. PROFIT JUMPS 77% -- UPDATE
Potash Corp. of Saskatchewan Inc. said fourth-quarter earnings
jumped 77%, as record potash sales boosted results but also raised
questions about the sustainability of increased demand for the
fertilizer ingredient in the short term. (published 2143 GMT
Thursday)
BOC HONG KONG: REVIEWING BUSINESS FOR POTENTIAL BANKING ASSET DISPOSAL
BOC Hong Kong, which is controlled by Bank of China Ltd.,
confirmed it is conducting a feasibility study to review its
businesses and assets which may lead to the disposal of certain
banking assets. (published 0032 GMT)
CHINA SHIPPING CONTAINER LINES: EXPECTS TO SWING TO 2014 NET PROFIT
China Shipping Container Lines Co. Ltd., a marine shipping
company based in Shanghai, said Thursday it expects to swing to net
profit for 2014 helped by effective cost control and improving
shipping routes as well as the expansion of international
cooperation. (published 0054 GMT)
WHITEHAVEN LOSSES WIDEN AMID COAL-MARKET SLUMP
Whitehaven Coal Ltd. said half-year losses widened as a
deepening slump in global coal prices overshadowed record sales,
and that it was on the way to refinancing its hefty debt pile by
the middle of the year. (published 2224 GMT Thursday)
NEWCREST RAISES ANNUAL COPPER, GOLD OUTPUT GOAL
Newcrest Mining Ltd. lifted its projections for annual metal
production after it dug up more gold and copper last quarter.
(published 2202 GMT Thursday)
DUPONT TO CUT BONUSES, DELAY RAISES FOR THIS YEAR
DuPont Co. plans to cut bonus payments and delay raises for this
year, said a person familiar with the matter, as the chemical
company grapples with slower-than-expected growth and an activist
investor's push to split the company. (published 2350 GMT
Thursday)
SPOTIFY SEEKS TO RAISE ABOUT $500 MILLION, HIRES GOLDMAN
Music streaming service Spotify AB is working with Goldman Sachs
Group Inc. on a new round of private fundraising, potentially
putting off an initial public offering for another year, people
familiar with the matter said. (published 2048 GMT Thursday)
CANADIAN IMPERIAL BANK OF COMMERCE CUTTING MORE THAN 500 JOBS -- UPDATE
Canadian Imperial Bank of Commerce is cutting more than 500
jobs, making it the latest big domestic lender to pare costs,
according to people familiar with the matter. (published 2243 GMT
Thursday)