Société Générale Profit Lifted by Amundi Stake Sale 

French bank Société Générale SA on Thursday reported a jump in fourth-quarter net profit, boosted by the sale of its stake in asset manager Amundi and an uptick in loan demand. (published 0546 GMT)

 
 
JetBlue Airways Forms Technology Unit 

JetBlue Airways Corp. is launching a subsidiary in Silicon Valley to find and help develop new technology ventures in the travel and hospitality sectors. (published 0501 GMT)

 
 
Cochlear Profit up 32% as Implant Sales Rebound -- Update 

Cochlear Ltd., the world's biggest hearing implant maker, reported a 32% higher first half profit as implant sales rebounded and customers lapped up product upgrades including accessories that connect wirelessly to a smart phone or home entertainment system. (published 0223 GMT)

 
 
Walgreens Threatens to End Theranos Agreement 

Theranos Inc.'s main retail partner threatened to terminate its relationship with the blood-testing company unless it quickly fixes the problems found by federal inspectors at a laboratory in California, people familiar with the matter said. (published 0205 GMT)

 
 
Vtech Buys Outstanding Shares of Leapfrog for US$72 Million 

Electronic toy maker VTech Holdings Ltd. said after trading hours Friday that it will purchase the outstanding shares of Leapfrog for US$1 a share, for a total of US$72 million. (published 0130 GMT)

 
 
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)

 
 
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)

 
 
PayPal Puts a Stop to Bitcoin-Inspired Ad Parody 

PayPal Holdings Inc. this week blocked a parody of its "New Money" Super Bowl ad that swapped in "bitcoin" as the future of money. (published 0021 GMT)

 
 
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)

 
 
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)

 
 
 

(END) Dow Jones Newswires

February 11, 2016 01:00 ET (06:00 GMT)

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