Expedia Swings to Loss While Bookings Rise--Update 

Expedia Inc. reported a fourth-quarter loss hurt by efforts to keep its hotel partners happy, adding to its challenges after closing three big acquisitions last year. (published 0017 GMT)

 
 
Energy Investment Firm EIG Extends Offer to Pacific Exploration Debtholders 

Energy investment firm EIG on Wednesday extended its tender offer to debtholders of troubled Canadian-Colombian oil firm Pacific Exploration & Production to March 24 and reduced its price to 16 cents on the dollar. (published 0040 GMT)

 
 
Cisco Results Top Expectations; Raises Dividend, Buyback -- Update 

Cisco Systems Inc. posted a 31% jump in quarterly net profit on Wednesday, but showed signs that weakening economic conditions have taken a toll on the businesses that the networking equipment giant serves. (published 0017 GMT)

 
 
China Jinmao Holdings Group: Controlling Shareholder Cai Xiyou Under Investigation 

Real-estate developer China Jinmao Holdings Group Ltd. said in an exchange statement Wednesday that its ultimate controlling shareholder, Cai Xiyou, is being held by authorities, under investigation for "suspected serious disciplinary violations." (published 0006 GMT)

 
 
Canada Banking Regulator Seizes Assets of Domestic Maple Bank Branch -- 2nd Update 

Canada's top banking regulator has temporarily taken control of the assets of Maple Bank GmbH's Canadian branch, invoking rarely used powers just days after Germany's financial watchdog effectively closed the Frankfurt-based lender. (published 2358 GMT Wednesday)

 
 
Canada Regulator Reaches No-Contest Settlement With CI Financial Unit -- Update 

Canadian fund manager CI Investments Inc. agreed Wednesday to return 156.1 million Canadian dollars to investors as part of a no-contest settlement with Canada's largest securities regulator. (published 2358 GMT Wednesday)

 
 
Failed Latin America Power Deal Spawns More Woes for SunEdison -- Update 

Shareholders of a company that owns renewable energy projects in Chile and Peru have asked a New York court to lock up $150 million of SunEdison's assets, to protect what they expect to win in a fight over a failed deal with the troubled solar company. (published 2336 GMT Wednesday)

 
 
Sun Life Financial Tops Analysts' Estimates 

Sun Life Financial Inc., Canada's third-largest insurance company by assets, posted a fourth-quarter profit Wednesday that beat analysts' expectations despite challenges posed by low interest rates, tumbling commodity prices and stock-market turbulence. (published 2327 GMT Wednesday)

 
 
KKR Learns Harsh Lesson From Energy Bets -- Update 

Oil and debt don't mix. KKR & Co. learned that lesson the hard way after falling commodity prices doomed two of its biggest investments: the multibillion-dollar buyouts of power producer TXU Corp. and oil explorer Samson Resources Corp. (published 2309 GMT Wednesday)

 
 
Andreessen Horowitz Sells Some Lyft Shares to Prince Al-Waleed -- Update 

Two of the most prominent investors in ride-hailing service Lyft Inc. quietly sold $148 million in shares of the company in recent weeks, according to people familiar with the matter. (published 2304 GMT Wednesday)

 
 
O'Reilly Automotive Posts Stronger-Than-Expected Quarterly Results 

O'Reilly Automotive Inc. on Wednesday posted better-than-expected fourth-quarter results, boosted in part by growth at its established stores. (published 2304 GMT Wednesday)

 
 
Yuexiu Property Expects 2015 Net Profit to Decline 50%-60% on Year 

Yuexiu Property Co. Ltd. said after trading hours Friday that it expects net profit to drop 50%-60% in 2015 compared with 2014 due in part to a lower gross profit margin. (published 0046 GMT)

 
 
Hortonworks Burns Through Cash but Beats Analyst Expectations 

The market is growing for software that helps companies crunch immense amounts of data, but the path to profit is murky. (published 0044 GMT)

 
 
 

(END) Dow Jones Newswires

February 10, 2016 20:00 ET (01:00 GMT)

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