China Galaxy Securities to Issue 2 Billion New Shares in Hong Kong 

China Galaxy Securities Co. said before trading hours Monday that it will issue 2 billion new Hong Kong-listed shares at HK$11.99 per share. (published 0036 GMT)

 
 
Apple Reports 33% Rise In Earnings, Adds To Dividend, Buyback--Update 

Apple Inc. is pulling off a feat rarely seen in any industry, much less the cutthroat world of consumer electronics: gaining market share while also commanding higher prices. (published 2347 GMT Monday)

 
 
ESPN Sues Verizon Over New FiOS TV Packages 

ESPN filed a lawsuit against Verizon Communications Inc. alleging the telecom company's new FiOS TV packages breach a contract covering how the sports TV network is to be distributed. (published 2254 GMT Monday)

 
 
Best Buy to Accept Apple Pay, Complicating Picture for MCX 

Best Buy Co. said it would join the growing list of retailers accepting Apple Pay this year, undercutting a merchant-led group that had hoped to beat Apple with its own mobile-payment system. (published 0000 GMT)

 
 
Barrick Gold Reports Lower-Than-Expected Quarterly Earnings 

Barrick Gold Corp. posted lower-than-expected first-quarter earnings as revenue at the world's largest gold company fell amid a continued slump in the gold industry. (published 2324 GMT Monday)

 
 
China Molybdenum: 1Q Net Profit Down 19.3% on Year to CNY304.5 Mln 

China Molybdenum Co. Ltd. said after trading hours Monday its net profit for the three months ended March declined by 19.3% from a year earlier to 304.5 million yuan from CNY377.3 million. (published 0025 GMT)

 
 
Applied Materials, Tokyo Electron Scrap Merger Plan -- 4th Update 

The past two years brought plenty of bold--and successful--attempts by companies to swallow major competitors, but Monday's collapse of a $29 billion deal in the semiconductor industry is the latest signal that U.S. antitrust enforcers remain on the lookout for risks of market concentration. (published 2155 GMT Monday)

 
 
BYD: 1Q Net Profit CNY120.9 Million Vs. CNY12.0 Million 

BYD Co. Ltd. said after trading hours Monday that its net profit for the three months ended March surged ahead to hit 120.9 million yuan, compared to CNY12.0 million for the three corresponding months a year ago. (published 0015 GMT)

 
 
BYD Electronic (International): Ke Li Resigns as CEO Effective Immediately 

BYD Electronic Co. Ltd. said after trading hours Monday that Ke Li has resigned as chief executive of the components manufacturer and that Nianqiang Wang has been named as CEO in her place. (published 0012 GMT)

 
 
China Shipping Container Lines: 1Q Net Profit CNY249M; Up 306% On Year 

China Shipping Container Lines Co. Ltd., the nation's second-largest shipping operator, said Monday that its net profit for the first quarter surged by 306% year-over-year, thanks to an increase in operating profit. (published 0019 GMT)

 
 
Comtec Solar Systems Group Expects to Swing to Net Loss Jan-March 

Comtec Solar Systems Group Ltd. said Tuesday it expects to swing to a net loss of 11.6 million yuan for the three months ended March due to a lower gross profit margin and expenses on its Malaysian plant, which is in the process of ramping up operations. (published 0028 GMT)

 
 
Virgin Australia Appoints Elizabeth Bryan as Chairman 

Virgin Australia Holdings Ltd. said Tuesday it has appointed Elizabeth Bryan as its new chairman. (published 2303 GMT Monday)

 
 
Orion Health 2015 Unaudited Revenue Rises 7% On Year 

Orion Health Group Ltd. saw its unaudited operating revenue rise 7% to 164 million New Zealand dollars for the 12 months to March 31 as all regions except North America saw growth. (published 2224 GMT Monday)

 
 
Time Warner Cable Adviser Contacts Rival Cox--Update 

An investment banking adviser close to Time Warner Cable Inc. reached out to Cox Communications Inc. in recent days to discuss the possibility of a combination of the two cable companies, people familiar with the matter said. (published 2140 GMT Monday)