Global Logistic Properties to Buy 200 U.S. Warehouses For $4.6 Billion
Global Logistic Properties, a warehouse owner part-owned by
Singapore's sovereign-wealth fund, said Tuesday it is acquiring
about 200 U.S. warehouses for $4.6 billion in one of the largest
real estate deals of the year. (published 0002 GMT)
Microsoft Hopes Sneak Peeks of Windows 10 Will Pay Off
Microsoft Corp.'s last version of Windows put off business
customers, its most important constituency. With a new edition of
its operating software scheduled to launch on Wednesday, the
company looks set to benefit from a long, hard effort to rebuild
corporate goodwill. (published 0042 GMT)
SunPower Boosts Full-Year Ebitda View After Strong Demand in 2nd Quarter
SunPower Corp. said its commercial segment exceeded its bookings
target and its residential segment posted "very strong" demand in
the second quarter. (published 0028 GMT)
Air China to Raise Up to CNY12 Billion in Private Share Placement
Air China Ltd. plans to raise up to 12 billion yuan in a private
share placement in China to fund the purchase of Boeing aircraft
and strengthen its e-commerce services. (published 0020 GMT)
Virgin Australia Annual Net Loss Shrinks As Competition Eases
Virgin Australia Holdings Ltd. reported a narrower full-year
loss, helped by an easing of competition with its bigger rival
Qantas Airways Ltd. and cheaper jet fuel. (published 0036 GMT)
Landsea Green Properties to Post Significant Rise in 1H Profit
Landsea Green Properties Co. expects to post at least a 30%
increase in first-half profit compared with the 127.3 million yuan
it recorded a year earlier. (published 0026 GMT)
Beach Energy Forecasts Drop in Spending, Production
Beach Energy Ltd. has forecast a drop in oil and gas output in
the year ahead, as it cuts back on exploration and development
spending in an effort to preserve cash and counter lower oil
prices. (published 2358 GMT Tuesday)
NAB Sells Great Western Bank at Loss to Book Value
National Australia Bank Ltd. has forecast a loss on the sale of
regional U.S. lender Great Western Bancorp Inc., although the exit
will bolster its capital levels. (published 2317 GMT Tuesday)
NantKwest Gives Biotech Another Big IPO
These days, a biotech company doesn't need an approved drug to
be worth several billion dollars. (published 2315 GMT Tuesday)
Citrix Systems CEO Mark Templeton to Retire -- 2nd Update
Citrix Systems Inc. said Chief Executive Mark Templeton planned
to retire after two decades at the software maker, which announced
a series of leadership and potential structural changes in the wake
of pressure from investor Elliott Management Corp. (published 0027
GMT)
HNA International Names Zhao Quan as Chairman With Immediate Effect
HNA International Investment Holdings Ltd. said after the market
closed Tuesday that it had appointed Zhao Quan as chairman of the
Hong Kong-listed company, with immediate effect. (published 0025
GMT)
P&G Names David Taylor as CEO
Serena Ng, Joann S. Lublin and Ellen (published 2345 GMT
Tuesday)