News Highlights: Top Equities Stories of the Day
27 November 2015 - 5:15PM
Dow Jones News
Rio Tinto Approves US$1.9 Bn Australian Bauxite Project -- Update
Rio Tinto PLC approved a US$1.9 billion bauxite project in
northeastern Australia, bucking a trend among major resources
companies that have largely iced new mines to protect profits from
low commodity prices. (published 0425 GMT)
Axiata Group 3Q Profit Rises 40%
Axiata Group Bhd., Malaysia's largest telecom company by
revenue, Friday posted a 40.2% rise in third-quarter net profit
helped by higher earnings in Indonesia and gains from some other
overseas operations. (published 0547 GMT)
Fisher & Paykel Healthcare Posts Higher Profit --Update
Fisher & Paykel Healthcare Corp. reported a 27% rise in
first-half profit because of continued strong demand for its
medical devices, including breathing masks to treat respiratory
conditions. (published 0116 GMT)
Qingdao Holdings Announces Management Reshuffle, Appointing New CEO and Chairman
Qingdao Holdings International Ltd., which sells and leases
properties, announced a management reshuffle late Thursday.
(published 0136 GMT)
Yongsheng Advanced Materials: Expect Jan-Sept Net Profit up 30% on Year
Yongsheng Advanced Materials Co. Ltd., which engages in trading
of textile-related products, said late Thursday it expects its net
profit for the January-September period to rise 30% from a year
earlier, thanks to higher profit from its dyeing and processing
business as well as its polyester filament yarn production
business. (published 0110 GMT)
China Environmental Energy Investment Expects 'Substantial Loss' for Apr-Sep
China Environmental Energy Investment Ltd., which engages in
waste paper, scrap metal and consumable waste recycling, said late
Thursday it expects to record a 'significant loss' for the
April-September period, mainly due to the impairment loss on its
investment. (published 0041 GMT)
Scentre Sells 3 Malls in New Zealand for NZ$549 Mln
Scentre Group said Friday it has agreed to sell three shopping
malls in New Zealand, generating combined gross proceeds of 549
million New Zealand dollars . (published 0307 GMT)
Tsui Wah: First-Half Net Profit Down 8.5% to HK$81.3 Million
Restaurant chain operator Tsui Wah Holdings Ltd. Friday reported
a 8.5% drop in its first-half net profit, partly dragged by higher
operating expenses and increased staff costs. (published 0500
GMT)
(END) Dow Jones Newswires
November 27, 2015 01:00 ET (06:00 GMT)
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