Chesapeake Says It Doesn't Plan to Pursue Bankruptcy -- 3rd Update 

Three big U.S. energy companies pulled each other into a spiraling stock plunge on Monday that illustrates how one distressed shale producer can threaten its business partners. (published 0044 GMT)

 
 
Richter's Fourth-Quarter Net Profit Beats Expectations 

Hungarian pharmaceuticals maker Richter Gedeon Nyrt. posted a higher-than-expected net profit for the fourth quarter as it more than offset plummeting sales in its key Russian market and China mostly with cuts in research-and-development spending and a narrowing loss in financial operations. (published 0043 GMT)

 
 
Morgan Stanley Hit Hardest in Bank Selloff 

Morgan Stanley got hit hard Monday. (published 0035 GMT)

 
 
Newcrest Says Worker Trapped Underground At Indonesia Gold Mine 

Newcrest Mining Ltd. said a worker is believed to be trapped roughly 300 meters underground at an Indonesian gold mine after what it described as a "geotechnical event." (published 0025 GMT)

 
 
Fox Revenue Falls as Film Declines Offset Higher TV Ad Revenue 

21st Century Fox Inc. lowered its fiscal year earnings guidance on Monday, citing a disappointing film slate and a greater-than-expected hit from foreign currency fluctuations. (published 0015 GMT)

 
 
Ferrovial Reconsiders Broadspectrum Bid 

Spanish infrastructure group Ferrovial S.A. is reconsidering its bid for Broadspectrum Ltd. after the Australian company lost preferred tenderer status for a big government contract. (published 2352 GMT Monday)

 
 
Plains All American Profit Falls 37% 

Plains All American Pipeline LP said its profit fell 37% in the fourth quarter as the master-limited partnership was hurt by factors including unseasonably warm weather in some areas of the U.S. and Canada. (published 2339 GMT Monday)

 
 
Embraer Set to Win Deal For up to 60 Jets for Alaska Air --Sources 

Alaska Air Group Inc. has selected Embraer SA to provide as many as 60 regional jets to serve the airline's ambition of serving smaller markets farther from its Pacific Northwest base, according to two people familiar with the planned deal. (published 2335 GMT Monday)

 
 
Gap Offers Upbeat Guidance For Full Year -- Update 

Gap Inc. gave rosy guidance for the fiscal year ended Jan. 30 even though sales declined overall in the fourth quarter and comparable-store sales at the retailer's three major brands dropped in January. (published 2304 GMT Monday)

 
 
Molina Healthcare Profit Falls 12% on Higher Costs 

Molina Healthcare Inc. said its fourth-quarter earnings fell 12% in the latest quarter on higher expenses that masked growth in the Medicare and Medicaid managed care provider's revenue and membership. (published 2257 GMT Monday)

 
 
Bank of Queensland Reshaping Operating Model 

Bank of Queensland Ltd. plans to invest 15.0 million Australian dollars over this financial year reshaping its organizational structure to reflect its growth in recent years and accelerate driving its cost-to-income ratio to the low 40% range in the years ahead. (published 2236 GMT Monday)

 
 
United Continental's January Traffic Rose 0.1% 

United Continental Holdings Inc. on Monday reported a 0.1% traffic increase in January, as measured by revenue-passenger miles, while capacity declined 0.1%. (published 2234 GMT Monday)

 
 
 

(END) Dow Jones Newswires

February 08, 2016 20:00 ET (01:00 GMT)

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