NXP SEMICONDUCTORS IN ADVANCED TALKS TO COMBINE WITH FREESCALE SEMICONDUCTOR -- UPDATE2
NXP Semiconductors NV is in advanced talks to combine with
Freescale Semiconductor Ltd., according to people familiar with the
matter. (published 0024 GMT)
REPSOL TO BUY TALISMAN ENERGY FOR $8.3 BILLION --UPDATE
Repsol SA reached an agreement with Talisman Energy Inc. to
acquire the Canadian company for US$8.3 billion, a deal that nearly
doubles the Spanish company's oil output right away and boosts its
potential for further expansion. (published 0203 GMT Sunday)
DALIAN WANDA COMMERCIAL PROPERTIES RAISES $3.7 BILLION IN IPO -- UPDATE
Dalian Wanda Commercial Properties Co., which is controlled by
Chinese billionaire Wang Jianlin, has raised US$3.7 billion in a
Hong Kong initial public offering after pricing the deal near the
high end of an indicative price range, according to people familiar
with the situation Tuesday. (published 0203 GMT Sunday)
BERKSHIRE HATHAWAY POSTS LOWER EARNINGS
Warren Buffett's Berkshire Hathaway Inc. posted lower earnings
for the fourth quarter amid investment derivative gains of $192
million. (published 1311 GMT Saturday)
WARRNAMBOOL TO BUY LION'S CHEESE BUSINESS FOR A$137.5 MILLION
Saputo Inc.-controlled Warrnambool Cheese & Butter Factory
Co. is moving to increase its position in Australia's
consumer-branded cheese sector with a deal to buy Lion Dairy &
Drinks' everyday cheese business for 137.5 million Australian
dollars (US$107.3 million. (published 2254 GMT Sunday)
BLACKBERRY, SAMSUNG EXPAND PARTNERSHIP
BlackBerry Ltd. said Sunday that a partnership with South Korean
phone giant Samsung Electronics Co. to win more enterprise
customers is expanding to include Samsung's integration of
BlackBerry encryption and mobile-billing technologies into its Knox
security platform. (published 1730 GMT Sunday)
SPOTIFY'S REVENUE ROSE IN 2013, BUT LOSSES CONTINUED - 2ND UPDATE
Spotify boosted its revenue at a fast clip last year, but its
latest earnings report shows that the music-streaming company is
still miles away from becoming a profitable business. (published
0203 GMT Sunday)
KINGSGATE LOSS WIDENS, BUT OUTPUT GOAL STAYS AS THAI MINE RESTARTS
Kingsgate Consolidated Ltd. reported a widened first-half loss
due to a writedown of an Australian silver project, but said it
expected to meet its full-year gold-output projections after
restarting its flagship Thailand mine. (published 2240 GMT
Sunday)
AURIZON FORESEES UP-TO A$30M HIT TO EARNINGS AFTER CYCLONE, STRIKES
Rail freight operator Aurizon Holdings Ltd. said it expects to
take an up-to 30-million Australian dollar hit on earnings after a
recent cyclone and strikes that disrupted rail services. (published
2221 GMT Sunday)
ORIENT VICTORY CHINA EXPECTS SUBSTANTIAL DROP IN 2014 PROFIT
Orient Victory China Holdings Ltd. expects a substantial decline
in 2014 profit due to losses from the disposal of financial assets.
(published 0013 GMT)
BESTWAY INTERNATIONAL TO RAISE HK$235.2 MILLION IN SHARE PLACEMENT
Bestway International Holdings Ltd. said Monday it is raising
235.2 million Hong Kong dollars in a share placement. (published
0039 GMT)
SANTANDER U.S. UNIT TO NAME NEW CEO -- SOURCES
Santander Holdings USA Inc. has appointed a new chief executive
officer as the unit of the Spanish banking giant works to shore up
relationships with U.S. regulators, people close to the firm said.
(published 2201 GMT Sunday)
AUSTRALIA'S MYER SAYS CEO, CFO BOTH STAND DOWN
In an abrupt and major management overhaul, Australian
department store chain Myer Holdings Ltd. said its two
highest-ranking executives were standing down. (published 2153 GMT
Sunday)
NEW WORLD DEVELOPMENT RE-DESIGNATES ADRIAN CHENG AS VICE-CHAIRMAN
New World Development Co. said Monday Executive Director Adrian
Cheng will be re-designated as a vice chairman at the blue-chip
property developer from April 1. (published 0024 GMT)