News Highlights: Top Equities Stories of the Day
11 February 2016 - 5:15PM
Dow Jones News
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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