China Jinhai International: Raising HK$1 Billion via Share Sale
China Jinhai International Group Ltd., an electronic-product
trading company, is raising 1 billion Hong Kong dollars from a
share sale to help fund its lending and trading businesses as well
as securities investments. (published 0052 GMT)
Broadcom is in Advanced Talks to be Bought by Avago Tech -- 3rd Update
Chip maker Avago Technologies Ltd. is in advanced talks to buy
rival Broadcom Corp. in a deal worth more than $35 billion, the
latest in a wave of deals for the companies that supply parts to
power smartphones, tablets and other gadgets. (published 2343 GMT
Wednesday)
Sony Buys Data Storage Startup Firm Optical Archive -- Update
Sony Corp., known more for selling to consumers than companies,
is taking a step outside its comfort zone by backing an effort by a
former Facebook Inc. executive to bring optical data storage to
corporate data centers. (published 0006 GMT)
Bids Fly as GE Unit Auction Nears an End -- 2nd Update
Several private-equity firms are vying to buy General Electric
Co.'s unit that funds leveraged buyouts, in a sale process that
could fetch more than $17 billion for GE and be the largest U.S.
finance deal since the financial crisis. (published 2312 GMT
Wednesday)
Fonterra Boss Lukewarm on Milk-Price Rebound
Global dairy giant Fonterra Co-Operative Group Ltd. is cautious
about a recovery in milk prices, a view that offers little
immediate comfort to New Zealand's beleaguered dairy farmers.
(published 0052 GMT)
New Zealand Refining on Trading Halt as Deutsche Craigs Looks to Sell Chevron's Stake
Refining NZ is on a trading halt until the open of trading
Friday or a possible earlier announcement. (published 2212 GMT
Wednesday)
Google Faces New Hurdle in Oracle Copyright Fight
Google Inc. faces longer odds in convincing the Supreme Court to
intervene in a copyright battle with Oracle Corp. after the Obama
administration urged the justices not to hear the case. (published
2211 GMT Wednesday)
Norway Oil Fund Would Exit Coal-Exposed Firms Under Deal in Parliament -- Update
Norway's sovereign-wealth fund, the world's biggest, would shed
its holdings in companies and utilities that have heavy exposure to
coal in a move to reduce climate risk, according to a deal reached
in the parliament Wednesday. (published 2204 GMT Wednesday)
Michael Kors Shares Plunge as Fashion Company Posts Rare Sales Drop -- 3rd Update
Michael Kors's brand of luxury populism may be hitting some
limits. (published 2304 GMT Wednesday)
Argosy FY15 Revenue NZ$90.9 Million, Up 10.5% on Year
Argosy Property Ltd Thursday reported a lower net profit but
higher revenue. (published 2201 GMT Wednesday)
Fonterra's Opening 2015-16 Payout Forecast Is NZ$5.25 a Kilo of Milk Solids
Dairy giant Fonterra Co-Operative Group Ltd. on Thursday
forecast what it expects to pay its farmer shareholders in the new
season and lowered this season's payout due to ongoing volatility.
(published 2058 GMT Wednesday)
Wal-Mart Reaches Settlement With Tracy Morgan, Terms Not Disclosed
Wal-Mart Stores Inc. has a reached a settlement with "30 Rock"
star Tracy Morgan and other plaintiffs who were injured in a June
2014 crash on the New Jersey Turnpike. (published 2012 GMT
Wednesday)