News Highlights: Top Equities Stories of the Day
05 October 2015 - 12:15PM
Dow Jones News
Cheung Kong Infrastructure to Buy 50% Stake in Portuguese Wind Energy Company
Cheung Kong Infrastructure Holdings Ltd has agreed buy a 50%
stake in a Portuguese wind-energy company for around 144 million
euros, marking the company's first entry in the European country's
energy sector. (published 0044 GMT)
Hao Tian Development Expects to Post Significant Drop in 1H Net Profit
Hao Tian Development Group Ltd. expects to post a significant
drop in net profit for the first half ended September in part due
to lower gains from securities investment. (published 0013 GMT)
UAW Aims to Salvage a Fiat Chrysler Pact
With the threat of a strike at Ford Motor Co. averted, United
Auto Workers President Dennis Williams will attempt to restart
negotiations with Fiat Chrysler Automobiles NV this week as he
looks to salvage a new national contract. (published 2256 GMT
Sunday)
Microsoft Lowers Its Expectations for Phones
Microsoft Corp.'s expected launch of new smartphones this week
will mark its latest stab at a winning mobile strategy. The new
approach boils down to two words: Redefine success. (published 2054
GMT Sunday)
Amazon Web Services to Add Analytics
Amazon.com Inc.'s cloud-computing division, Amazon Web Services,
will wade into a hotly contested new territory this week when the
company is expected to announce a new service to help businesses
analyze their data, according to people familiar with the matter.
(published 2006 GMT Sunday)
Glencore Oil Deals Could Bite Banks
A deal struck last year between Glencore PLC and the government
of Chad sent $1.4 billion to the African country as an up-front
payment for four years of oil shipments. (published 2001 GMT
Sunday)
Volkswagen Evaluating Emissions Scandal's Impact on Company's Finances
Finance officials at embattled car maker Volkswagen AG are
evaluating the impact of an emissions-cheating scandal on the
company's finances and assessing potential options should the
crisis take a bigger toll currently anticipated on its EUR25
billion net cash position, people familiar with the matter said.
(published 1743 GMT Sunday)
Google Establishes Alphabet Holding Company
Google Inc. said its reorganization into a holding company
called Alphabet Inc. is complete. (published 2210 GMT Friday)
Marathon Reports Upset at Galveston Bay Refinery
Marathon Petroleum Corp. reported an upset and emissions at its
Galveston Bay refinery in Texas. (published 2156 GMT Friday)
Scottrade Discloses Data Breach Potentially Targeting 4.6 Million Clients -- Update
Discount brokerage Scottrade Inc. disclosed a data breach Friday
that appeared to target the names and street addresses of around
4.6 million clients. (published 2108 GMT Friday)
Tesla Deliveries Rise 49% Without Help From Model X
Tesla Motors Inc. sold 11,580 vehicles in the third quarter on a
global basis, 49% higher than a year earlier, but got almost no
benefit in the quarter from the Model X SUV. (published 2028 GMT
Friday)
Miller Energy Files for Bankruptcy in Deal With Apollo, Highbridge -- Update
Miller Energy Resources Inc., a Texas-based oil and gas driller
that operates in Alaska, filed for bankruptcy protection on
Thursday with a plan to hand control of the company to an affiliate
of private-equity firm Apollo Global Management LLC and hedge fund
Highbridge Capital Management LLC. (published 2028 GMT Friday)
(END) Dow Jones Newswires
October 04, 2015 21:00 ET (01:00 GMT)
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